黑石集团总裁Jon Gray在活动上表示："我们对这个区域如此兴奋的原因在于，你可以把数据中心设在 电源旁边。这里的特别之处在于如何将这些设施整合在一起，因为建设输电线路和管道确实非常困 难。" 智通财经APP获悉，美国总统唐纳德·特朗普在访问宾夕法尼亚州期间，对超过920亿美元的人工智能 (AI)和能源基础设施投资表示欢迎，并强调了他为增强美国在人工智能领域的竞争力所做的努力。 特朗普周二在卡内基梅隆大学举行的首届宾夕法尼亚能源与创新峰会上表示："今天的承诺将确保未来 的设计、建造和制造都在宾夕法尼亚州、匹兹堡、美国这里完成。" 多家公司官宣数据中心计划 多家公司的投资包括新建数据中心、发电和电网基础设施升级，以及人工智能培训和学徒计划。特朗普 表示，其中一些公司已经获得许可，部分设施正在建设中。 在这些投资中，黑石集团(BX.US)承诺投入超过250亿美元，用于建设新的数据中心和能源基础设施。 其旗下的数据中心业务QTS已在宾夕法尼亚州东北部获得开发用地。黑石集团还与公用事业公司PPL Corp.成立了一家合资企业，用于建设和运营燃气发电厂，以满足数据中心巨大的电力需求。 与此同时，GE Vernova( ...

Group 1 - Swiss bank analysts predict at least one more interest rate cut in the Eurozone this year due to uncertainties in trade negotiations and economic growth risks [1] - Societe Generale strategists expect the 10-year German government bond yield to remain in the range of 2.40%-2.80% by the end of the year, with an anticipated steepening of the yield curve [1] - Monex Europe analysts warn that the British pound faces further depreciation risks as the market has not fully absorbed the fiscal risks associated with the UK [3] Group 2 - Australian economists highlight that the current US tariff policy poses a significant threat to global economic growth, with the average tariff rate rising to 20% from 3% earlier this year [2] - BlackRock maintains an optimistic outlook, suggesting that the US policy environment is gradually becoming favorable for risk assets, particularly equities and credit bonds [2] - Moody's indicates that Japan's potential large-scale tax cuts due to election pressures could negatively impact its credit rating, depending on the extent and duration of the cuts [3]

Production and Sales Overview - From January to April, the national crude steel production reached 345 million tons, a year-on-year increase of 0.4%, with an average daily production of 2.88 million tons [1] - The production of steel products was 480 million tons, up 6.0% year-on-year, with an average daily production of 4.00 million tons [1] - Key enterprises produced 258 million tons of steel products, a year-on-year increase of 4.8%, and sold 256 million tons, an increase of 4.9% [1][5] - The steel production and sales rate for key enterprises was 99.0%, up 0.6 percentage points from January to March [1] Monthly Performance - In April, crude steel production was 86.02 million tons, unchanged year-on-year, while steel production was 125.09 million tons, a 6.6% increase [1] - Key enterprises produced 63.70 million tons of steel products in April, a 2.4% increase year-on-year, but sales decreased by 1.5% [1][2] Product Category Analysis - From January to April, the production of long products increased by 8.7%, while the production of flat products rose by 2.1% [3][4] - Among 22 categories of steel products, 11 categories saw an increase in production, including rebar and wire rod, which had significant growth [4][6] - The sales volume of long products also increased, with rebar and wire rod showing substantial year-on-year growth [6][7] Export and Domestic Sales - Key enterprises exported 11.82 million tons of steel in the first four months, a year-on-year increase of 7.8% [8] - Domestic sales accounted for 95.4% of total sales, with a slight increase from the previous year [9] - The main regions for steel inflow were East China, North China, and Central South China, accounting for 85.9% of total domestic sales [11] Inventory Situation - As of the end of April, key enterprises had a steel inventory of 18.73 million tons, a decrease of 2.7% from the beginning of the year [13] - The inventory of rebar, wire rod, and bar products was the highest among all categories [13] - Social inventory of five major steel products decreased by 4.6% in late April compared to the previous month [15] Future Outlook and Recommendations - The domestic steel production is expected to remain high in the short term, with supply likely to continue at elevated levels [16] - Companies are advised to adjust their product mix to align with market demand, focusing on high-end products like galvanized sheets [16]

Group 1 - Hongde Fund recently conducted research on a listed company, Yilong Co., which highlighted the advantages of 2200-2400MPa ultra-high-strength steel strands and their applications in multiple high-speed rail constructions [1] - The company’s export business typically has a shorter account period compared to domestic business, with 90% and 80% of customers having account periods within one year, respectively [1] - Yilong Co.'s products are primarily used in railway, water conservancy, bridges, highways, new energy infrastructure, and civil construction, with the railway market being a core focus [1] Group 2 - The company is considering factory upgrades and capacity expansion, having requested authorization from the board to proceed with a simplified procedure for issuing stocks to specific targets [1] - The execution cycle of contracts varies based on product type and contract amount, with longer execution cycles for concrete products used in rail transit [1] - Pre-stressed materials have transportation radius requirements, and concrete products for rail transit need to be constructed near new high-speed rail projects [1] Group 3 - Hongde Fund was established in 2015, with a total asset management scale of 46.34 billion yuan, ranking 86 out of 210 [2] - The fund's best-performing public fund product in the past year is Hongde Digital Economy Mixed Initiation A, with a latest net value of 1.19 and a growth of 38.5% over the past year [2] - The latest public fund product raised by Hongde Fund is Hongde Yuhui Bond A, which is a bond-type mixed secondary fund, with a concentrated subscription period from June 3, 2025, to June 23, 2025 [2]

证券研究报告·行业跟踪周报·建筑装饰 建筑装饰行业跟踪周报 基建重大项目关注提升，推荐水利、洁净 室工程等结构景气领域 增持（维持） [Table_Tag] [投资要点 Table_Summary] （2）出海方向：2025 年前 4 个月我国对外承包工程完成营业额同比增 长 6.8%，新签合同额同比增长 22.4%；其中在共建"一带一路"国家 新签合同额 645.4 亿美元，同比增长 17.4%；美国关税摩擦和全球贸易 摩擦升级，后续外交博弈、贸易摩擦或加剧，一带一路战略推进或加 码，预期未来中欧合作、东盟地区合作有望更加密切，基建合作仍是 重要形式，海外工程需求景气度有望保持，海外工程业务有望受益， 后续预计逐渐兑现到订单和业绩层面。建议关注国际工程板块，个股 推荐中材国际、上海港湾，建议关注中工国际、北方国际、中钢国际 等。 （3）需求结构有亮点，新业务增量开拓下的投资机会：部分专业制造 工程细分领域、节能降碳以及新能源相关的基建细分领域景气度较 高，有相关转型布局的企业有望受益，建议关注鸿路钢构、华阳国际 等；半导体洁净室景气度有望延续，关注亚翔集成、柏诚股份等。 ◼ 风险提示：地产信用风险失控、政策 ...

Core Insights - The rapid growth of the electric vehicle (EV) industry has led to an explosive increase in charging stations, with charging modules being a critical component of this infrastructure [1] - Shenzhen Youyou Green Energy Co., Ltd. (Youyou Green Energy) has officially listed on the Shenzhen Stock Exchange's ChiNext, potentially leading to a revaluation of its market value as a leading supplier of charging modules in China [1] Group 1: Technology and Market Position - Youyou Green Energy focuses on the research and production of core components for DC charging equipment, offering charging modules with power levels ranging from 15kW to 40kW, which are used in DC charging stations [2] - The company adheres to a "high power, high efficiency, high reliability" technology strategy, achieving a conversion efficiency of 96% for its 40kW charging module and a power density of 60W/in³, positioning itself as a leader in the industry [2] - As of December 31, 2023, Youyou Green Energy holds a 10.58% market share in the domestic charging module market, collaborating with major clients such as Wanbang Digital and NIO, creating a dual-driven cycle of "technology-market" [2] Group 2: Financial Performance and Growth - Financial data indicates that Youyou Green Energy's revenue is projected to grow from 988 million yuan in 2022 to 1.497 billion yuan in 2024, reflecting a compound annual growth rate (CAGR) of 23.12% [3] - Although net profit is expected to slightly decline to 256 million yuan in 2024 due to fluctuations in overseas markets, the company has accumulated over 700 million yuan in net profit over three years, demonstrating stable profitability [3] - The company has seen a significant increase in domestic sales, which has become the main driver of revenue growth, while adjusting its strategy to maintain resilience against external sales challenges [3] Group 3: Market Outlook and Strategic Initiatives - The global push for carbon neutrality is driving increased demand for electric vehicles and charging stations, indicating a promising outlook for the charging module market [3] - Youyou Green Energy is exploring emerging fields, with its Vehicle-to-Grid (V2G) products already in small-scale application [3] - The company plans to raise funds to establish an automated production base and research center to consolidate its competitive advantages, while also implementing various strategies to mitigate risks [3]

证券研究报告·行业跟踪周报·建筑装饰 建筑装饰行业跟踪周报 增量政策持续出台，关注开工端实物量落 地 增持（维持） [Table_Tag] [投资要点 Table_Summary] （2）出海方向：2024 年我国对外承包工程业务完成营业额同比增长 3.1%，新签合同金额同比增长 1.1%，创历史新高，对外投资平稳发 展；近期美国加征关税以及贸易摩擦升级，后续外交博弈、贸易摩擦 或加剧，一带一路战略推进或加码，预期未来中欧合作、东盟地区合 作有望更加密切。近期习近平主席对越南、马来西亚和柬埔寨三国进 行了国事访问，达成了上百项合作成果，基建合作仍是重要形式，海 外工程需求景气度有望保持，海外工程业务有望受益，后续预计逐渐 兑现到订单和业绩层面。建议关注国际工程板块，个股推荐中材国 际、上海港湾，建议关注中工国际、北方国际、中钢国际等。 （3）需求结构有亮点，新业务增量开拓下的投资机会：部分专业制造 工程细分领域、装配式建筑、节能降碳以及新能源相关的基建细分领 域景气度较高，有相关转型布局的企业有望受益，建议关注装配式建 筑方向的鸿路钢构、华阳国际等；半导体洁净室景气度有望延续，关 注亚翔集成、柏诚股份等。 ◼ ...

证券研究报告·行业跟踪周报·建筑装饰 增量政策持续出台，关注开工端实物量落 地 增持（维持） [Table_Tag] [投资要点 Table_Summary] （2）出海方向：2024 年我国对外承包工程业务完成营业额同比增长 3.1%，新签合同金额同比增长 1.1%，创历史新高，对外投资平稳发 展；近期美国加征关税以及贸易摩擦升级，后续外交博弈、贸易摩擦 或加剧，一带一路战略推进或加码，预期未来中欧合作、东盟地区合 作有望更加密切。近期习近平主席对越南、马来西亚和柬埔寨三国进 行了国事访问，达成了上百项合作成果，基建合作仍是重要形式，海 外工程需求景气度有望保持，海外工程业务有望受益，后续预计逐渐 兑现到订单和业绩层面。建议关注国际工程板块，个股推荐中材国 际、上海港湾，建议关注中工国际、北方国际、中钢国际等。 （3）需求结构有亮点，新业务增量开拓下的投资机会：部分专业制造 工程细分领域、装配式建筑、节能降碳以及新能源相关的基建细分领 域景气度较高，有相关转型布局的企业有望受益，建议关注装配式建 筑方向的鸿路钢构、华阳国际等；半导体洁净室景气度有望延续，关 注亚翔集成、柏诚股份等。 ◼ 风险提示：地产信用风 ...

证券代码：301083 证券简称：百胜智能 江西百胜智能科技股份有限公司 2024年度网上业绩说明会投资者关系活动记录表 | | | | 投资者关系活动类别 | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 | | | ☐其他（请文字说明其他活动内容） | | 参与单位名称及人员姓名 | 线上参与百胜智能（301083）2024年度业绩说明会的全体投资者 | | 时间 | 2025年05月09日 15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 董事长 刘润根 | | | 财务总监 万鸿艳 | | 上市公司接待人员姓名 | 董事会秘书 黄丽君 | | | 独立董事 罗小平 | | | 保荐代表人 杨猛 | | | 1.请问公司未来如何应对市场竞争，提升市场份额？ | | | 答:尊敬的投资者，您好！公司应对市场竞争、提升市场份额 | | 投资者关系活动主要内容 | 的措施如下：2025年加快国际市场开拓，加强国际销售网络布局； | | ...