Core Insights - Moen Electric's stock reached a closing price of 13.81 yuan on November 12, with a daily increase of 10.04% and a significant trading volume [1] - The stock experienced a halt in trading at 9:46 AM, with 10 subsequent openings, and the closing order funds amounted to 803.507 million yuan, representing 1.32% of its market capitalization [1] Factors Contributing to Stock Performance - Accelerated layout in the new energy business, with Moen New Energy's production capacity exceeding 30,000 tons, integrating into the supply chain of leading power equipment companies [1] - Progress in internationalization strategy, with a production base in Thailand expected to commence operations in 2025, focusing on UL-certified cables [1] - Policy-driven growth, as the national "Implementation Plan for Large-Scale Equipment Renewal in Key Energy Areas" sets clear targets for the renovation of power transmission and distribution equipment, boosting industry demand [1] - Improvement in fundamentals, with a projected 28.02% year-on-year revenue growth and a 109.27% increase in net profit excluding non-recurring items by Q3 2025, alongside enhanced governance structure improving operational efficiency [1] - Market dynamics, with increased activity in the smart grid and energy storage sectors catalyzed by policy support [1] Fund Flow Analysis - On November 12, the net outflow of main funds was 75.788 million yuan, accounting for 3.72% of the total trading volume, while retail investors saw a net inflow of 57.496 million yuan, representing 2.82% of the total [1] - The fund flow data for the past five days indicates fluctuating trends, with notable net outflows from main funds on several days, contrasting with significant inflows from retail investors [1]