1月12日，华为数字能源智能光伏业务副总裁、首席营销官钟明明发布了智能光伏十大趋势和白皮书，为光风储加速成 为新型电力系统主力电源提供前瞻洞察与实践路径，助力产业高质量发展。 钟明明表示，过去十年，我们共同见证光风储产业跨越式发展，但随着新能源渗透率的提升，电力系统的发电侧、电 网侧和用电侧都出现了不同程度的平衡和稳定性问题。当前，新能源产业已至全新历史关口——进入"价值深耕期"， 从单点创新走向融合创新，华为基于对未来光储产业的理解和市场洞察，发布2026智能光伏十大趋势，涵盖4个场景化 应用趋势和6个技术应用趋势。 趋势一：光风储协同，新能源成为可预测、可调控的稳定电源 未来的光风储大基地必须具备五大核心特征，即稳定可控和成本可控"两大支柱"与100%新能源独立运行、全链路智能 协同、全生命周期安全高质量的"三大要素"，最终实现可预测、可调控的稳定供电目标。 趋势二：构网型储能无处不在，成为电网稳定和平衡的关键支撑 构网型储能无处不在，不仅能平抑新能源发电波动、保障电力供应平稳，还能主动参与能量市场交易，提供调频、调 峰等辅助服务；既为用户创造持续增长的经济价值，更助力构建更安全、更灵活、更高效的新型电力 ...

Industry News - The National Energy Administration reported five typical violations in the electricity market, including collusion in pricing among power generation companies and improper market power usage, indicating a lack of compliance awareness among some market participants [2] - China's largest offshore oil field, the Bohai Oilfield, achieved a record annual oil and gas production of over 4 million tons, contributing more than 600 million tons of crude oil cumulatively [2] - The first tight oil field in the Sichuan Basin has been established, with proven geological reserves of over 2 million tons of oil and over 2 billion cubic meters of natural gas [3] - The Wari Railway, part of the West-to-East Coal Transport Corridor, has surpassed an annual freight volume of 100 million tons for the third consecutive year, achieving this milestone in the shortest time [3] - The world's first commercial supercritical carbon dioxide power generation unit has been successfully put into operation in Guizhou, marking a significant advancement in carbon capture technology [3] - The first high-altitude rock cavern computing power center in China has been officially put into operation, featuring an investment of 350 million yuan and the deployment of 2,000 domestic computing chips [4] - The total crude oil production in the Inner Mongolia Hetao Basin has exceeded 5 million tons, with an industrial output value of 1.613 billion yuan over the past seven years [4] Corporate News - China Petroleum's Zhongyuan Oilfield gas storage facility has supplied over 100 million cubic meters of natural gas for the winter heating season, with peak daily production reaching 6.5 million cubic meters [7] - China Huadian's "Huadian Ruiyi" E-class gas turbine has successfully completed a 200-hour verification test, marking a significant step in the domestic production of high-temperature components for heavy-duty gas turbines [7]

工业和信息化部办公厅 住房和城乡建设部办公厅 交通运输部办公厅 农业农村部办公厅 国家能源局综合司关于征集智能光 伏典型案例的通知 工信厅联电子函〔2025〕526号 各省、自治区、直辖市及计划单列市、新疆生产建设兵团工业和信息化、住房和城乡建设、交通运输、农业农村、能源主 管部门： 为进一步加快智能光伏技术进步和行业应用，推动能源技术与人工智能、新材料和先进制造技术深度融合，助力我国光伏 产业提质升级，根据《智能光伏产业创新发展行动计划（2021—2025年）》（工信部联电子〔2021〕226号）工作部 署，工业和信息化部、住房和城乡建设部、交通运输部、农业农村部、国家能源局决定组织征集智能光伏典型案例。有关 事项通知如下： 一、典型案例内容 应用智能光伏产品，融合运用5G通信、大数据、互联网、人工智能等新一代信息技术，为用户提供智能光伏服务的项目。 包括但不限于： 1.光储融合。应用新型储能技术及产品提升光伏发电稳定性、电网友好性和消纳能力，包括光伏直流系统、光储微电网、农 村光储充系统、便携式光储产品等方向。 2.建筑光伏。包括光伏作为建筑屋顶、幕墙或遮阳等建筑构件与建筑有机结合，光伏发电与建筑用电负荷 ...

Core Viewpoint - The notice from multiple government departments aims to accelerate the advancement and application of smart photovoltaic technology, promoting the integration of energy technology with AI, new materials, and advanced manufacturing to enhance the quality and upgrade of China's photovoltaic industry [1]. Summary by Sections Typical Case Content - The initiative seeks to collect typical cases that utilize smart photovoltaic products integrated with new information technologies such as 5G, big data, and AI to provide smart photovoltaic services. Key areas include: - **Energy Storage Integration**: Enhancing photovoltaic power stability and consumption capacity through new energy storage technologies [2]. - **Building Photovoltaics**: Integrating photovoltaic systems into building structures like rooftops and facades [2]. - **Transportation Applications**: Developing distributed photovoltaic and energy storage systems in transportation hubs and service areas [2]. - **Agricultural Applications**: Promoting eco-friendly models in agricultural production through photovoltaic integration [2]. - **Photovoltaic Hydrogen/Amonia/Alcohol Production**: Establishing integrated bases for green hydrogen and ammonia production [2]. - **Floating Photovoltaics**: Implementing floating photovoltaic systems in various water bodies [2]. - **Photovoltaic Greenization**: Focusing on green design, manufacturing, and recycling of photovoltaic products [2]. - **Key Information Technologies**: Smart scheduling and operation of photovoltaic systems [2]. - **Advanced Photovoltaic Products**: Development of high-efficiency solar cells and related equipment [3]. - **New Facilities and Testing**: Smart photovoltaic systems for new infrastructures like data centers [3]. Application Conditions - The application must meet specific criteria, including: - Completion of distinctive smart photovoltaic applications or service systems [4]. - Use of at least three types of smart photovoltaic products, with a minimum capacity of 10MW for centralized and 1MW for distributed systems [4]. - Safety features for systems installed on buildings [4]. - Capability for service expansion and long-term operation with innovative business models [4]. Submission Process - Applications must be submitted in a specified format to provincial industrial and information departments, which will conduct evaluations and recommend cases [4]. - Each province can recommend a limited number of cases, ensuring a controlled selection process [4]. Management and Incentives - The government will enhance the promotion of typical cases to increase their influence and drive the adoption of advanced products and technologies [5]. - Support from various levels of government and society is encouraged to facilitate the development and application of these cases [5].

工信部等五部门发布《关于征集智能光伏典型案例的通知》。其中指出，应用智能光伏产品，融合运用5G通信、大数据、互联网、人 工智能等新一代信息技术，为用户提供智能光伏服务的项目。包括但不限于：光储融合、建筑光伏、交通运输应用、农业农村应用、 光伏制氢/氨/醇、水上光伏、光伏绿色化、关键信息技术、先进光伏产品、新型设施和实证检测。 五部门关于征集智能光伏典型案例的通知 工业和信息化部办公厅 住房和城乡建设部办公厅 交通运输部办公厅 农业农村部办公厅 国家能源局综合司关于征集智能光伏典型案例 的通知 工信厅联电子函〔2025〕526号 各省、自治区、直辖市及计划单列市、新疆生产建设兵团工业和信息化、住房和城乡建设、交通运输、农业农村、能源主管部门： 为进一步加快智能光伏技术进步和行业应用，推动能源技术与人工智能、新材料和先进制造技术深度融合，助力我国光伏产业提质升 级，根据《智能光伏产业创新发展行动计划（2021—2025年）》（工信部联电子〔2021〕226号）工作部署，工业和信息化部、住 房和城乡建设部、交通运输部、农业农村部、国家能源局决定组织征集智能光伏典型案例。有关事项通知如下： 一、典型案例内容 应用智能 ...

天眼查App显示，近日，河北光启智能光伏科技有限公司成立，法定代表人为陈聪，注册资本500万人 民币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广;企业 管理;光电子器件制造;电力电子元器件销售;电子元器件制造;光伏设备及元器件制造;太阳能发电技术服 务;新能源原动设备销售;电子专用材料销售;半导体器件专用设备制造;金属材料销售;环境保护专用设备 制造;环境监测专用仪器仪表销售;软件开发;信息技术咨询服务;自然科学研究和试验发展;发电技术服务; 实验分析仪器销售（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）许可项目：检验检 测服务（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以批准文件或许可 证件为准）。 ...

交易所数据显示，12月8日，科华数据收盘56.31元，上涨2.85%，滚动市盈率PE（当前股价与前四季度 每股收益总和的比值）达到68.84倍，创18天以来新低，总市值290.23亿元。 从行业市盈率排名来看，公司所处的电源设备行业市盈率平均95.73倍，行业中值58.08倍，科华数据排 名第24位。 最新一期业绩显示，2025年三季报，公司实现营业收入57.06亿元，同比增加5.79%；净利润3.44亿元， 同比增加44.71%，销售毛利率25.10%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)13科华数据68.8492.094.59290.23亿行业平均 95.7398.304.54180.03亿行业中值58.0871.983.46100.53亿1海陆重工22.1626.782.28101.04亿2东方电气 22.7125.361.67741.13亿3盛弘股份28.5028.906.31123.99亿4华光环能29.7323.941.94168.63亿5未来电器 35.3538.042.3134.27亿6优优绿能38.0027.583.6370.61亿7华宝新能44.1541.031.599 ...

Group 1: Report Industry Investment Rating - The investment rating for methanol in the energy and chemical industry is "Oscillating Slightly Strong" [2] Group 2: Core View of the Report - Although the Israel-Iran conflict has temporarily ended, it may flare up again. In July, the downstream enters the seasonal off - peak season. Both ports and production areas have slightly increased their inventories this week, and downstream demand has not significantly improved. With the restart of some Iranian plants, the bearish sentiment has been released. The market sentiment has turned positive, and the short - term methanol price will oscillate slightly stronger, with a reference range of 2360 - 2450 [2] Group 3: Summary by Relevant Catalog Market Review - On Wednesday night, the futures price of the main methanol contract rose by 19 yuan/ton to 2412 yuan/ton, while the spot price of methanol in the mainstream East China region fell by 65 yuan/ton to 2465 yuan/ton. Long positions decreased by 382 lots to 431,300 lots, and short positions increased by 19,618 lots to 498,100 lots [2] Important Information - **Supply**: The domestic methanol operating rate is 88.65%, a month - on - month increase of 0.76%. The overseas methanol operating rate is 54.25%, a month - on - month decrease of 0.7% [2] - **Inventory**: The total inventory of Chinese methanol ports is 673,700 tons, an increase of 3,200 tons from the previous data. Among them, the inventory in East China increased by 13,500 tons, and the inventory in South China decreased by 10,300 tons. The inventory of Chinese methanol sample production enterprises is 352,300 tons, an increase of 10,700 tons from the previous period, a month - on - month increase of 3.14% [2] - **Demand**: The order volume of northwest methanol enterprises is 61,000 tons, a month - on - month decrease of 4,000 tons. The orders to be delivered by sample enterprises are 241,300 tons, an increase of 500 tons from the previous period, a month - on - month increase of 0.23%. The olefin operating rate is 87.96%, a month - on - month decrease of 1.12%; the dimethyl ether operating rate is 9.16%, a month - on - month increase of 0.5%; the methyl chloride operating rate is 84.13%, a month - on - month increase of 1.07%; the acetic acid operating rate is 95.3%, a month - on - month increase of 7.02%; the formaldehyde operating rate is 48.95%, a month - on - month decrease of 1.44% [2] Market Logic - Geopolitical factors and seasonal demand fluctuations, along with supply - side changes, have led to a short - term positive market sentiment and a slightly stronger price trend for methanol [2] Trading Strategy - The recommended trading strategy is to wait and see [2]

Group 1: Company Overview - Clenergy Technology Co., Ltd. is planning to issue convertible bonds to unspecified investors and list them on the main board [1] - The company is headquartered in Xiamen Torch High-tech Zone, with multiple addresses listed [1] - The company has a credit rating of A+ for both the issuer and the convertible bonds, with a stable outlook [2] Group 2: Financial Performance - The company's revenue for the reporting periods was 1,017.98 million, 1,441.93 million, 1,936.45 million, and 873.58 million [6] - Net profit figures for the same periods were 48.68 million, 109.30 million, 168.78 million, and 54.34 million, with a significant decrease of 49.47% in the first half of 2024 [6] Group 3: Market Context - The global photovoltaic (PV) industry saw a new installed capacity of 239 GW in 2022, a year-on-year increase of 44.85%, with distributed PV accounting for approximately 49.37% of this growth [16] - China's PV industry is recognized as a strategic emerging industry, with significant advancements in technology and production capacity, leading to a total industry output value exceeding 1.4 trillion yuan in 2022 [15][16] Group 4: Investment and Risk Factors - The company is raising funds primarily for the "Distributed Photovoltaic Support Intelligent Factory Project," which aims to enhance core production capacity [6] - The company has not provided any guarantees for the convertible bonds, which may increase investor risk if adverse events affect its operational management and debt repayment capabilities [2][3] Group 5: Profit Distribution Policy - The company has a proactive profit distribution policy, prioritizing cash dividends when conditions allow, with a minimum cash distribution of 20% of the distributable profits in the absence of major investment plans [8][9]