（责任编辑：张晓波 ） 中信建投指出，全球进入电力设备需求上行周期，2025年全球电网投资将超过4000亿美金，高景气 度延续。AI将强势带动全球用电需求增长，预计到2030年数据中心电力消耗将增加一倍以上，配套电 气设备需求显著增加。欧美市场需求持续走强，美国变压器价格指数居高不下，中国出口美国电力变压 器金额同比增加54%。中东市场高速增长，沙特目标到2030年实现发电装机130GW，输电端将保持大规 模投入，中国出口沙特电力变压器金额同比增加超过200%，特变电工中标沙特164亿元大额订单。中国 电力设备制造水平高、产业链完整、抗风险强、产能充沛，在全球需求上行周期下，出口企业迎来黄金 窗口，2025H1头部公司出口业务实现较快增长，起量增利，出海业务已成为致胜未来的关键。 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不 预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参 考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险 等级相匹配的产品。基金有风险，投资需谨慎。 每日经济新闻 电网E ...

Group 1 - The National Grid has set a historical record for electricity load for two consecutive days, with a single-day load increase exceeding 70 million kilowatts, reaching a maximum load of 1.229 billion kilowatts, which is a 4.1% increase compared to last year's peak [1] - High-temperature regions such as Chongqing, Shaanxi, and Henan have seen a significant increase in air conditioning load, prompting local power departments to enhance cross-province power transmission and energy storage applications to ensure reliable supply [1] - Sichuan's maximum electricity load reached 73.56 million kilowatts, marking the third historical high this year, a 6% increase from last year's maximum load of 69.29 million kilowatts [1] Group 2 - China’s power equipment manufacturers are experiencing a development opportunity due to rapid demand growth and overall tight supply of transmission and distribution equipment [3] - The export of power transformers in China is expected to see a year-on-year growth rate of over 40% from January to June 2025, continuing a high growth trend [3] - Major domestic electrical equipment manufacturers are anticipated to see related orders materialize due to sustained high capital expenditure in the AI sector by overseas companies [3] Group 3 - Companies in the power operation sector include Datang Power (601991), China Resources Power (00836), Huadian International (600027), Huaneng International (600011), Longyuan Power (001289), China General Nuclear Power (01816), Xintian Green Energy (00956), and China Power (02380) [4] - Companies involved in power grid equipment include Dongfang Electric (600875), Shanghai Electric (601727), Harbin Electric (01133), Saijing Technology (00580), and Goldwind Technology (002202) [5] Group 4 - CITIC Securities predicts that AI will strongly drive global electricity demand growth, with global data center electricity consumption expected to more than double by 2030 [2] - Recent increases in capital expenditure expectations from overseas major companies indicate sustained high investment in the AI sector [2]

Group 1 - The State Grid has set a historical record for electricity load for two consecutive days, with a maximum load reaching 1.229 billion kilowatts, an increase of 4.1% compared to last year's peak [1] - High temperatures in regions such as Chongqing, Shaanxi, and Henan have led to a significant increase in air conditioning load, prompting local power departments to enhance cross-province power transmission and energy storage applications [1] - Sichuan's maximum electricity load reached 73.56 million kilowatts, marking the third historical high this year, with a 6% increase from last year's peak load of 69.29 million kilowatts [1] Group 2 - China’s power equipment manufacturers are experiencing growth opportunities due to rapid demand increase and tight supply of transmission and distribution equipment [3] - The export of power transformers in China is expected to see a year-on-year growth rate of over 40% in the first half of 2025, continuing a high growth trend [3] - Major domestic electrical equipment manufacturers are anticipated to see an influx of orders due to sustained high capital expenditure in the AI sector from overseas companies [3] Group 3 - Companies in the power operation sector include Datang Power (00991), China Resources Power (00836), Huadian International (01071), Huaneng International (00902), Longyuan Power (00916), CGN Power (01816), Xintian Green Energy (00956), and China Power (02380) [4] - Companies involved in power grid equipment include Dongfang Electric (01072), Shanghai Electric (02727), Harbin Electric (01133), Saijing Technology (00580), and Goldwind Technology (02208) [5] Group 4 - CITIC Securities predicts that AI will significantly drive global electricity demand growth, with global data center electricity consumption expected to more than double by 2030 [2] - Recent increases in capital expenditure expectations from major overseas companies indicate sustained high investment in the AI sector [2]