智通财经11月9日讯，本周A股三大指数震荡拉升，其中上证指数周涨1.08%，深成指周涨0.19%，创业板指周涨0.65%。本周电网设备、化学 原料板块涨幅居前，海南自贸区、磷化工概念股表现活跃。 本周电网设备板块涨幅居前，其中中能电气周涨78.37%，摩恩电气周涨48.57%。消息方面，"十五五"规划提出新型能源体系为重中之重，特 高压、柔性直流、数智化电网被列入中长期发展核心。与此同时，工信部等部委发布《关于推进"人工智能+"能源高质量发展的实施意 见》，首次把AI大模型写进电网调度、智能运维场景，打开智能化升级空间。 -24.78 -24.16 -23.29 -23.14 - - -- 注:牛熊股筛选规则中剔除上市未满一周的新股 主力资金净流入 主力资金净流入(亿元) 22 20.15 17.6 13.67 13.2 11.16 10.74 10.29 9.43 8.88 7.78 7.46 8.8 6.97 4.4 0 阳光电源 通威股份 ke start w 大字通信 未山精感 六森科技 上商银行 é – 品泉化 安格米特 主力资金净流出 主力资金净流出(亿元) 方 半渠 年六 后H 元 元 比 拒 ...

Group 1: Industry Overview - The "15th Five-Year Plan" marks a new phase of comprehensive market-oriented development for the renewable energy sector, focusing on "scale expansion" and "quality improvement" [1] - By 2035, the total installed capacity of wind and solar power in China is targeted to exceed 3.6 billion kilowatts, with non-fossil energy accounting for over 30% of the energy mix [2] - The plan emphasizes the integration of renewable energy with traditional industries and the promotion of new business models such as green electricity direct connection and virtual power plants [2][3] Group 2: Policy and Strategic Initiatives - The "15th Five-Year Plan" aims to accelerate the construction of a new energy system, focusing on increasing the share of renewable energy and ensuring a reliable transition from fossil fuels [3] - Key initiatives include the development of distributed energy, zero-carbon factories, and parks, which are essential for implementing new energy concepts [3] - The dual-driven effect of policy and market forces is expected to significantly enhance the high-quality and stable development of renewable energy enterprises [3] Group 3: Company Performance - China Tianying (000035.SZ) reported a remarkable net profit of 102 million yuan for Q3 2025, a year-on-year increase of 2905.15%, driven by industry growth and technological innovation [4] - The company focuses on technological innovation as its core competitive advantage, investing in research and development across the hydrogen energy value chain [4][5] - China Tianying's projects, such as those in Liaoyuan and Anda, exemplify the integration of renewable energy generation, storage systems, and hydrogen production, enhancing energy utilization efficiency [5] Group 4: Future Outlook - The implementation of the "15th Five-Year Plan" is expected to create broader development opportunities for the renewable energy industry [6] - China Tianying's focus on technological innovation and project execution positions it as a leader in the transition from an "energy power" to an "energy strong country" [6]

Market Performance - The three major A-share indices experienced fluctuations and gains this week, with the Shanghai Composite Index rising by 1.08%, the Shenzhen Component Index increasing by 0.19%, and the ChiNext Index up by 0.65% [1] Sector Highlights - The electric grid equipment and chemical raw materials sectors saw significant gains, with the electric grid equipment sector leading the way. Notably, Zhongneng Electric surged by 78.37% and Moen Electric rose by 48.57% [1] - The Hainan Free Trade Zone concept stocks also showed strong performance, with Haima Automobile increasing by 50.00% and Hainan Development rising by 27.41% [1] Policy and Development - The "14th Five-Year Plan" emphasizes the establishment of a new energy system, highlighting ultra-high voltage, flexible direct current, and intelligent grid as core areas for medium to long-term development [1] - The Ministry of Industry and Information Technology, along with other departments, released implementation opinions on promoting "Artificial Intelligence + Energy" for high-quality development, marking the first inclusion of AI large models in grid scheduling and intelligent operation and maintenance scenarios [1] Capital Flow - Major capital inflows this week were observed in Tianfu Communication, Dongshan Precision, Tongwei Co., Sunshine Power, and Magpow, each exceeding 1 billion yuan [2] - Conversely, significant capital outflows were noted from Sairisi, BYD, Sanhua Intelligent Control, and ZTE, with outflows exceeding 2.5 billion yuan [2]

《建议》提出，持续提高新能源供给比重，推进化石能源安全可靠有序替代，着力构建新型电力系统，建设能源强国。 Harry 2 4 题华盛 JI TE NEW P t 1 声音来源: 声音来源: 中国华电集团有 副总工程师 李丁 华北电力大学国家能源发展战略研究院 执行院长 王鹏 不断增强对绿色电力保供 能源消费将更加绿色化低碳化 Supply in the same 0:00 10月28日发布的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》明确提出，"加快建设新型能源体系"。新型能源体系以非 化石能源为供应主体、化石能源为兜底保障、新型电力系统为关键支撑、绿色智慧节约为用能导向。加快建设新型能源体系，既能够推动能源 绿色低碳转型、支撑实现碳达峰碳中和，也是保障国家能源安全的重要支撑。 新华 社 XINHUA NEWS 10月28日发布的 《中共中央关于制定国民经济和社会发展 第十五个五年规划的建议》明确提出 "加快建设新型能源体系" 冠军 前 XINHUA NEWS 新型能源体系 以有影看能源为供应套体 化有能源为兜底保障 新型电力系统为关键支撑 缘色智慧节约为用能导向 加快建设新型能源体系 既能够 ...

10月28日发布的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》明确提出，"加快建设新型能源体系"。新型能源体系以非 化石能源为供应主体、化石能源为兜底保障、新型电力系统为关键支撑、绿色智慧节约为用能导向。加快建设新型能源体系，既能够推动能源 绿色低碳转型、支撑实现碳达峰碳中和，也是保障国家能源安全的重要支撑。 冠军 前 XINHUA NEWS 新型能源体系 以有影看能源为供应套体 化有能源为兜底保障 新型电力系统为关键支撑 缘色智慧节约为用能导向 加快建设新型能源体系 既能够推动能源绿色低碳转型 支撑实现碳达峰碳中和 也是保障国家能源安全的重要支撑 《建议》提出，持续提高新能源供给比重，推进化石能源安全可靠有序替代，着力构建新型电力系统，建设能源强国。 Harry 2 4 题华盛 JI TE NEW P t 1 声音来源: 声音来源: 中国华电集团有 副总工程师 李丁 华北电力大学国家能源发展战略研究院 执行院长 王鹏 不断增强对绿色电力保供 能源消费将更加绿色化低碳化 Supply in the same 新征程 新區零 • 加快建设新型能源体系 推动绿色转型发展 0 00 00 00 00 ...

谋篇布局"十五五 加快经济社会发展 _全面绿色转型 建设美丽中国 "十五五"规划建议中指出,绿色发展是中国ﾃ 现代化的鲜明底色。牢固树立和践行绿水青山凉 是金山银山的理念,以碳达峰碳中和为牵引,忆 同推进降碳、减污、扩绿、增长,筑牢生态安全 屏障,增强绿色发展动能。 持续深入推进污染防治攻坚和生态系统优 主要句括 坚持环保为民 >>全面落实精准科学依法治污,更加 注重源头治理 减污降碳 篮天 深入 强化< 多污染物控制 > 协同 碧水 保卫战 丰丁女子 区域治理 · 净十 加快落实以排污许可制为核心的固定污染 源监管制度 坚持山水林田湖草沙一体化保护和系 统治理,统筹推进重要生态系统保护 知修复舌十丁得 科学开展大规模国土绿化行动,打好 "三北"工程攻坚战 ♣ 加强青藏高原等地区生态屏障建设 加强重要江河湖库系统治理和生态保护 实施好长江十年禁渔 加快建设新型能源体系 t 要包括 持续提高新能源供给比重,推进化石 能源安全可靠有序替代,着力构建新 型电力系统,建设能源强国 坚持风光水核等多能并举 加强化石能源清洁高效利用,推进煤电 改造升级和散煤替代 完善生态环境标准、监测、评价和考核制度 加快形成绿色生产生 ...

央视网消息：国家能源局11月7日出台关于推进煤炭与新能源融合发展的指导意见。我国将加快发展煤炭矿区光伏风电产业，推动矿区用能清 洁替代，建设一批清洁低碳矿区。 据介绍，此次出台的文件聚焦煤炭生产、用能等多个关键环节，从多个维度推进煤炭与新能源的融合发展。 在推动矿区用能清洁替代方面，加快煤炭生产重点环节电气化改造，推进矿区运输设备新能源替代，支持矿区建设充换电站、加氢站等。同 时，推动矿区地热能规模化开发利用，发展分布式太阳能供热，探索矿区多热源联合供热。 在加快发展煤炭矿区光伏风电产业方面，鼓励具备条件的产煤地区规划建设大型光伏基地，在风力资源充沛的矿区及周边区域，有序推进集中 式、分散式风电开发。 此外，还要鼓励矿区建设智能微电网，鼓励参与绿证绿电交易，提高矿区绿色电力使用比例，建设高效低碳零碳典型厂区园区，降低矿区碳排 放水平。 中国宏观经济研究院能源所研究员高虎表示，这个文件明确了煤炭企业与新能源深度融合发展的主要方式和利用途径，将能更好地指导煤炭企 业绿色低碳、转型发展。 加速构建新型能源体系 确保能源稳定供应 专家表示，推进煤炭与新能源融合发展，对夯实能源稳定供应基础，促进能源绿色低碳转型具有重要 ...

Core Viewpoint - The article emphasizes the importance of integrating coal and renewable energy development to enhance energy stability and promote a green, low-carbon transition in the energy sector [3][4]. Overall Requirements - The integration of coal and renewable energy should be guided by Xi Jinping's thought, focusing on green and low-carbon directions, technological innovation, and the establishment of a new energy system by the end of the 14th Five-Year Plan [4]. Main Tasks - **Development of Photovoltaic and Wind Power in Mining Areas**: The article advocates for utilizing land resources in mining areas for solar power stations and encourages the establishment of large-scale photovoltaic bases in coal-producing regions [5]. - **Promotion of Clean Energy Substitution**: It calls for the electrification of key coal production processes and the use of electric and hydrogen-powered mining vehicles to enhance the clean energy level in mining operations [6]. - **Renewable Energy Heating and Cooling**: The article suggests utilizing geothermal energy and distributed solar heating in mining areas to meet heating demands [7]. - **Innovative Energy Development**: It encourages the establishment of smart microgrids in mining areas to integrate various energy sources and improve energy efficiency [8]. - **Collaboration Between Coal and Renewable Energy**: The article supports coal enterprises in integrating coal and renewable energy investments to enhance overall energy supply stability [9]. - **Technological Innovation and Talent Development**: It emphasizes the need for research in coal and renewable energy integration technologies and the cultivation of skilled professionals in this field [10]. - **Policy Support and Coordination**: The article highlights the necessity for coordinated policies to support the integration of coal and renewable energy, including financial backing and regulatory frameworks [11]. Implementation Organization - The National Energy Administration will oversee the coordination and evaluation of coal and renewable energy integration projects, ensuring the implementation of policies and standards [12].

Core Viewpoint - The National Energy Administration has issued guidelines to promote the integration of coal and renewable energy, emphasizing green and low-carbon development, technological innovation, and the establishment of a mechanism for the fusion of coal and renewable energy to enhance the sustainable development of the coal industry by the end of the 14th Five-Year Plan [1][3][4]. Group 1: Overall Requirements - The guidelines are guided by Xi Jinping's thoughts and aim to implement the new development concept, focusing on energy security and green low-carbon direction, with significant achievements expected in the integration of coal and renewable energy by the end of the 14th Five-Year Plan [3][4]. Group 2: Main Tasks - Accelerate the development of photovoltaic and wind power industries in mining areas by utilizing land resources effectively and promoting local consumption of renewable energy [4][5]. - Promote clean energy alternatives in mining areas by electrifying key production processes and enhancing the use of electric and hydrogen-powered transport equipment [5][6]. - Gradually implement renewable energy heating and cooling solutions in mining areas, including geothermal energy and distributed solar heating [6][7]. - Innovate green energy development methods in mining areas by establishing smart microgrids and enhancing the use of green electricity [7][8]. - Extend the coal industry chain and promote synergy with renewable energy development, encouraging coal enterprises to invest in clean and efficient power generation [8][9]. Group 3: Policy Support - The integration of coal and renewable energy is included in the 14th Five-Year Plan, with support for local planning and financial backing for projects [9][10]. - The National Energy Administration will coordinate and evaluate the implementation of these guidelines, ensuring safety and regulatory compliance in project execution [10][11].

电网ETF（561380）跟踪的是恒生A股电网设备指数，该指数从内地市场中选取电网设备相关领域的上 市公司证券作为指数样本，以综合反映电网设备产业链上市公司证券的整体表现。 AI电力消耗引关注，电网ETF（561380）连续5日资金净流入超1.1亿元。 相关机构表示，据长江证券测算，假设2024年基本平衡，则不考虑大区电网互联带来的抵消作用， 2025-2030年，美国将合计产生约73.2GW电力总缺口，若数据中心增长超预期，则可能产生201GW电力 总缺口，约为北美当前最高负荷的25%。 国内方面，一方面国内也正组建规模更加庞大的数据中心，相关AI电力需求或快速增长；另一方面， 近期公布的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》明确提出"加快建设新 型能源体系"。此外，合理预期美国面临电力缺口可能有相关的工程动作，电力出海逻辑或在未来一段 时间演绎。 （文章来源：每日经济新闻） ...