在广东省佛山市南海区的街头，以环保著称的天蓝色氢能公交车往来穿梭。但在南海区丹灶汽车客运站 停车场内，却是另一幅场景。 近日，第一财经记者实地探访发现，20余辆氢能公交车整齐停放在草地上，每辆车的挡风玻璃上都醒目 贴着"氢气车够里程安排停驶，不能运营""临停车辆"等告示。车站工作人员告诉记者，这些车辆本身无 故障、可正常行驶，只因氢气价格偏高，运营得不偿失，只能暂时停运。 全国已有多个城市上马了氢能源公交，但数量上佛山首屈一指。 记者发现，氢能公交车的采购价格和运行成本远高于普通电动公交车，即使算上政策性补贴，多数氢能 公交车的这两项实际成本仍要高于普通公交车。"氢气车够里程安排停驶"指向两个现实，一是这些车跑 够了补贴的达标里程，可以获取相应的政策补贴，二是停驶，自然降低了运行成本，这些都是公交行业 自身运营困难之下的现实选择。与之相对应的，是在这样的示范推广中，实实在在投入的巨额补贴。 包括佛山市政府相关知情人士在内的多名行业受访者向记者表示，公交需求萎缩、地方财政压力大导致 补贴不足、氢气价格高企等多重压力的叠加，是佛山氢能公交车出现停运的深层症结。 针对目前部分氢能公交车的停运，第一财经记者致函佛山市 ...

佛山的氢能公交车采购量较高于很多地方，这与当地对氢能产业的扶持有关。作为氢能产业示范推广的重点项目，佛山自2018年起累计投运近千辆氢能公交 车，总成本超10亿元。 全国已有多个城市上马了氢能源公交，但数量上佛山首屈一指。 记者发现，氢能公交车的采购价格和运行成本远高于普通电动公交车，即使算上政策性补贴，多数氢能公交车的这两项实际成本仍要高于普通公交车。"氢 气车够里程安排停驶"指向两个现实，一是这些车跑够了补贴的达标里程，可以获取相应的政策补贴，二是停驶，自然降低了运行成本，这些都是公交行业 自身运营困难之下的现实选择。与之相对应的，是在这样的示范推广中，实实在在投入的巨额补贴。 公交需求萎缩、地方财政压力大、运营成本高等多重压力的叠加，导致氢能公交车停运 在广东省佛山市南海区的街头，以环保著称的天蓝色氢能公交车往来穿梭。但在南海区丹灶汽车客运站停车场内，却是另一幅场景。 近日，第一财经记者实地探访发现，20余辆氢能公交车整齐停放在草地上，每辆车的挡风玻璃上都醒目贴着"氢气车够里程安排停驶，不能运营""临停车 辆"等告示。车站工作人员告诉记者，这些车辆本身无故障、可正常行驶，只因氢气价格偏高，运营得不偿失， ...

Core Viewpoint - The current investment environment is characterized by high enthusiasm and urgency among investors, leading to a simplified investment process focused on relationships and quick decisions [5][6][7]. Group 1: Market Conditions - The equity investment market is described as a "sauna," with high temperatures and intense competition among investors [5]. - There is a significant rush for investment quotas, particularly in sectors like commercial aerospace and quantum computing, where valuations have rapidly increased [5][6]. - The market is experiencing a revival, with investors eager to recover lost time and profits from the previous years [6]. Group 2: Investment Trends - The hottest sectors currently include new energy and semiconductors, with specific subfields like lithium batteries and hydrogen energy attracting substantial investment [10]. - Valuations in these sectors have skyrocketed, with companies achieving valuations of billions despite relatively low revenues [10]. - However, there are concerns about overvaluation and potential market corrections, particularly in the lithium battery sector, which has seen a significant decline in interest and investment [11]. Group 3: Future Outlook - The article suggests that only leading companies in future technology sectors may qualify for IPOs on the STAR Market, while others might have to seek listings in Hong Kong [12]. - There is a cautionary note regarding the sustainability of the current investment enthusiasm, emphasizing the need for investors to be discerning and avoid following trends blindly [12][15]. - The best investment opportunities may arise during market downturns, where undervalued companies can be identified [13][15].

声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 2026年1月22日，雪人集团（sz002639）触及涨停，涨停价22.79元，涨幅9.99%，总市值176.08亿元，流 通市值148.28亿元，截止发稿，总成交额28.52亿元。 根据喜娜AI异动分析，雪人集团涨停原因可能如下，氢能源+可控核聚变+营收增长： 1、雪人集团在氢 能源和可控核聚变等前沿技术领域取得显著突破。其氦气压缩机技术国际领先，应用于国家重大科研项 目；拥有全球化研发体系，金属极板燃料电池电堆完成开发，氢能源全产业链布局优势明显，这些技术 优势为公司长期发展奠定基础。2025年前三季度公司营收增长24.26%，达16.31亿元，显示业务规模不 断扩大。 2、行业方面，氢能源和可控 ...

纳尔股份（002825.SZ）1月21日在投资者互动平台表示，公司暂未在上海临港投资氢能源产业。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：公司在上海临港投资的氢能源产业是否已完工？何时 开始生产经营？ ...

Core Insights - The seminar titled "Harnessing Hydrogen Power for a New Future" showcased the capabilities of hydrogen-powered drones, demonstrating their endurance through a four-hour flight [1] Group 1: Industry Developments - The seminar featured discussions on the current state of the hydrogen energy industry, including challenges related to endurance and the advantages of hydrogen energy [4] - Representatives from various companies in the industry, such as EHang, XPeng, and JD Logistics, expressed urgent needs for long endurance and high payload capabilities in hydrogen power systems [4] Group 2: Applications and Collaborations - The Shenzhen Yantian District government announced multiple application scenarios for low-altitude hydrogen power, including marine inspections, port operations, emergency support, and low-altitude logistics [4] - Zhonghuan Aviation Energy, a key player in the hydrogen and low-altitude sector, signed agreements with upstream enterprises and manufacturers to enhance collaboration within the industry [4] Group 3: Future Directions - The president of the Shenzhen Low Altitude Economic Industry Association emphasized the importance of a scientific and comprehensive standard system for safe and sustainable operations [4] - There is a focus on gathering more industry partners around leading enterprises to strengthen collaboration and convert practical experiences into replicable and promotable technical standards and industry guidelines [4]

Group 1 - The core viewpoint of the article is that China Tianying (000035) is steadily advancing the construction of hydrogen-based energy integration projects in Jilin Liaoyuan and Heilongjiang Anda, aiming for early production [1] Group 2 - The company is responding to investor inquiries on its progress in project development [1] - The projects are part of the company's strategic plan to enhance its capabilities in hydrogen energy [1] - The focus on hydrogen energy indicates the company's commitment to sustainable energy solutions [1]

Group 1: Hydrogen Energy Sector Performance - The hydrogen energy concept sector index opened at 1167.60 points and closed at 1730.33 points in 2025, marking an increase of over 48% within the year [1] - The sector index experienced a six-day consecutive rise since the beginning of the year, closing at a historical high with a final increase of 1.76% [1] - All 11 stocks in the sector, referred to as "湘股," saw price increases last year, indicating strong market performance [1] Group 2: Key Stocks in the Sector - The stock with the highest increase in 2025 was 凯美特气, which rose from an opening price of 6.13 yuan per share to a closing price of 21.22 yuan per share, achieving a year-on-year increase of over 246% [1] - 惠同新材, another key player, had a total increase of 72.19% in 2025, with its stock price rising from 21.12 yuan per share to 27.80 yuan per share within six trading days in 2026 [3] - The 11 stocks in the hydrogen energy sector include 惠同新材, 金博股份, 时代电气, 百利科技, 科力远, 时代新材, 惠博普, 凯美特气, 中联重科, 岱勒新材, and 恒光股份 [1] Group 3: Company Financial Performance - 凯美特气 reported a net profit of 75.4 million yuan for the third quarter of 2025, with a year-on-year growth of 326.54% [2] - The company's hydrogen gas revenue reached 102 million yuan, accounting for 33% of total operating income in the first half of 2025 [2] - 惠同新材 reported a net profit of 38.6 million yuan for the third quarter of 2025, with a year-on-year growth of 23.98% [2]

Core Viewpoint - The company is committed to a dual-driven development path of "environmental protection + new energy," with a focus on enhancing its hydrogen-based energy product business as a core strategic priority for future growth [1] Group 1: Strategic Direction - The company aims to ensure steady growth in its environmental protection business while elevating hydrogen-based energy products to a more central strategic position [1] - The focus for the upcoming year will be on accelerating the construction and production of integrated hydrogen energy benchmark projects in Jilin Liaoyuan and Heilongjiang Anda according to established plans [1] Group 2: Production Goals - The company plans to achieve an annual production capacity of 200,000 tons of electrochemical methanol that meets EU certification standards by 2026 [1] - This production capacity is expected to transform the company's first-mover and technological advantages across the entire industry chain into substantial commercial results and revenue contributions [1] Group 3: Transformation Goals - The company aims to fully transition into a leading comprehensive service provider for environmental protection and hydrogen-based energy products [1]

Group 1: Small-Cap Stocks Outlook - Julie Biel, Chief Market Strategist at Kayne Anderson Rudnick, remains positive about small-cap stocks, expecting them to benefit from lower interest rates in 2026 [1] - Biel has indicated that small caps will start to outperform once earnings improve, although recent gains have been driven by lower-quality companies without earnings [2] - The overall setup for small-cap stocks in 2026 appears more favorable compared to mid-cap and large-cap stocks, suggesting they could be a good investment opportunity [3] Group 2: Penny Stocks Analysis - The list of the 10 best US penny stocks to buy was compiled using the Finviz stock screener, focusing on stocks with a share price under $5 and favored by institutional investors [5] - Plug Power Inc. (NASDAQ:PLUG) has a current share price of $2.23, with 27 hedge fund holders, and has been upgraded to a Buy rating by Clear Street, despite a lowered price target from $3.50 to $3.00 [7][8] - Taboola.com Ltd. (NASDAQ:TBLA) has a share price of $4.43 and 29 hedge fund holders, with a Buy rating initiated by Rosenblatt, setting a price target at $6 due to its strategic partnerships and AI adoption [13][14]