Core Insights - A group of "invisible champion" companies in Jiangsu is steadily expanding globally, showcasing "China's intelligent manufacturing" through their core technology advantages in various sectors such as automotive lightweight components, ultra-high voltage equipment, and power semiconductors [1] Group 1: Company Developments - Xinan Technology, a high-tech enterprise specializing in automotive lightweight components, recently went public and has established a factory in Thailand to enhance its global manufacturing footprint [2] - Borui Electric, a leader in power automation equipment, has successfully delivered products to over 70 countries, marking a significant achievement for Chinese ultra-high voltage technology [4] - Yangjie Technology, a national champion in the semiconductor industry, has expanded its overseas presence and is the first in its sector to issue Global Depositary Receipts (GDR), raising $220 million for further development [6][7] Group 2: Financial Support and Risk Management - Financial institutions are providing tailored financial services to support these companies' global expansion, including customized foreign exchange risk management solutions [2][3] - Jiangsu's financial sector has implemented a "one enterprise, one policy" approach to address the foreign exchange risk management needs of high-tech and specialized enterprises, with a significant increase in the proportion of companies utilizing foreign exchange hedging [3] - The People's Bank of China in Jiangsu is promoting cross-border trade and simplifying processes for enterprises, resulting in a substantial volume of trade foreign exchange business [5] Group 3: Policy and Market Trends - Jiangsu Province is advancing its cross-border trade high-level opening pilot, enhancing the efficiency of fund settlement for enterprises [5] - The province has seen a notable increase in the number of quality enterprises engaging in foreign exchange business, positioning itself as a leader in this area [5] - The ongoing support from financial institutions and favorable policies is crucial for these companies as they transition from "China's intelligent manufacturing" to becoming global brands [7]

在无锡市滨湖区，一条汇聚了多家上市公司的"上市路"远近闻名。2023年6月刚刚登陆深交所的无 锡锡南科技股份有限公司（以下简称"锡南科技"），便是其中一颗新星。作为深耕汽车轻量化领域的高 新技术企业，其核心产品涡轮增压器精密压气机壳组件远销海外，客户涵盖博格华纳、康明斯等国际知 名企业，广泛应用于奔驰、宝马、奥迪等全球汽车品牌。 "即便算上远渡重洋的运费，我们依然具备显著的成本竞争力。"锡南科技副总经理张明哲告诉《金 融时报》记者，"这既源于企业内部技术积累，又得益于国内完善的产业链配套。"如今，锡南科技正加 快全球化步伐——位于泰国罗勇府泰中罗勇工业园二区的工厂预计年底建成，明年一季度投产，将成为 锡南科技全球制造业布局的关键支点。 在江苏这片创新沃土上，一批深耕细分领域、追求极致的"隐形冠军"企业，正稳步从本土迈向全 球，将"中国智造"的崭新名片递向世界。从汽车轻量化零部件到特高压设备，再到功率半导体，他们凭 借核心技术优势，在全球产业链中牢牢占据关键位置。 近日，《金融时报》记者随"活力中国调研行"主题采访团深入无锡、常州、扬州等多地，探寻这场 波澜壮阔的"出海"征程。一路调研可见，精准有力的金融支持与 ...

格隆汇9月26日｜新联电子公告，南京新联电子股份有限公司近日收到国家电网有限公司及国网物资有 限公司发来的中标通知书，通知公司为"国家电网有限公司2025年第五十三批采购（营销项目第二次计 量设备招标采购）"的中标单位，共中5个包，中标总金额为5,577.56万元。公司在"国家电网有限公司 2025年第五十三批采购（营销项目第二次计量设备招标采购）"共中5个包：分标SG2531-1108-23005"智 能融合终端"的包32、包75，分标SG2531-1108-23006"专变采集终端"的包10、包36、包47,中标总金额为 人民币5,577.56万元。中标产品包括智能融合终端、专变采集终端等产品。 ...

Group 1 - The core point of the article is the resignation of Mr. Guo Xiaojun from the board of directors of Guodian Nanzi due to retirement, and the appointment of Mr. Tang Jiang as a candidate for the board [1] - Guodian Nanzi's revenue composition for the first half of 2025 shows that power automation equipment accounts for 99.63% of total revenue, while other businesses account for 0.37% [1] - As of the report date, Guodian Nanzi has a market capitalization of 9.9 billion yuan [1]

每经AI快讯，奥特迅（SZ 002227，收盘价：13.48元）9月12日晚间发布公告称，公司第六届第十二次 董事会会议于2025年9月12日在深圳市南山区高新技术产业园北区松坪山路3号奥特迅电力大厦公司十楼 会议室以现场及通讯会议的方式召开。会议审议了《关于修订 <公司章程> 及部分管理制度的议案》等 文件。 每经头条（nbdtoutiao）——到底是不是预制菜？罗永浩大战贾国龙！记者实探西贝后厨，厨师长谈罗 永浩点的烤鱼：需门店二次切配等，不是加热即食 （记者 曾健辉） 截至发稿，奥特迅市值为33亿元。 2025年1至6月份，奥特迅的营业收入构成为：电力自动化电源设备占比94.54%，其他业务占比5.46%。 ...

Financial Performance - Company reported total revenue of 237 million, an increase of 17.56% year-on-year [1] - Net profit attributable to shareholders reached 58.41 million, up 78.63% year-on-year [1] - In Q2, total revenue was 138 million, a year-on-year increase of 14.49%, with net profit of 32.18 million, up 35.63% year-on-year [1] - Gross margin improved by 8.65% to 51.44%, while net margin increased by 47.73% to 24.63% [1] - Total selling, administrative, and financial expenses amounted to 33.41 million, accounting for 14.09% of revenue, a decrease of 13.52% year-on-year [1] - Earnings per share rose to 0.12, an increase of 71.43% year-on-year [1] Cash Flow and Investment Activities - Net cash flow from investment activities decreased by 104.9% due to increased purchases of bank wealth management products and large deposits [2] - Operating cash flow increased by 39.16% as sales grew, leading to higher cash receipts compared to the previous year [4] Inventory and Financial Assets - Inventory increased by 26.55% due to higher contract volumes requiring more stock [4] - Trading financial assets decreased by 34.71% as some bank wealth management products matured and were converted into large deposits [4] - Debt investment rose by 55.5% due to purchases of large bank deposits [4] Profitability and Return Metrics - Last year's Return on Invested Capital (ROIC) was 5.42%, indicating average capital returns [4] - Historical data shows a median ROIC of 5.12% over the past decade, with a notably poor ROIC of -34.39% in 2018 [4] Business Model and Market Position - Company relies on research and marketing for performance, with a focus on smart grid products used in various power infrastructure projects [5] - Company products are utilized in all 17 nuclear power plants currently under construction or operation in China [5]

Core Insights - Anke Rui (300286.SZ) reported a revenue of 539 million yuan for the first half of 2025, reflecting a year-on-year growth of 1.54% [1] - The net profit attributable to shareholders reached 126 million yuan, marking a year-on-year increase of 24.83% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 109 million yuan, up by 22.60% year-on-year [1] - Basic earnings per share stood at 0.55 yuan [1] - The company proposed a cash dividend of 1 yuan (including tax) for every 10 shares to all shareholders [1]

Group 1 - The TA21/I intelligent wide-area protection and control system developed by XJ Electric has successfully passed tests on the Wuyi section of the Huhangyong high-speed railway, providing "second-level self-healing" capabilities for high-speed rail power systems [1] - The system demonstrated "millisecond-level response and second-level self-healing" capabilities, achieving 100% accuracy in fault location and reconstruction plans, significantly surpassing traditional system performance [1] - The technology includes a fully controllable embedded operating system, low-power anti-interference design, efficient data transmission without new fiber optics, and fully automated intelligent operation and maintenance [1] Group 2 - XJ Electric has implemented an innovation-driven development strategy, resulting in over 3,000 authorized patents and participation in the formulation and revision of more than 240 international and national standards [2] - The company's achievements in areas such as DC grid control protection, magnetic control switches, and next-generation distribution master stations have reached international leading or advanced levels, contributing significantly to "Made in China" [2]

Group 1 - The core point of the article highlights the financing activities of Haixing Electric, indicating a net sell-off in recent trading days [1] - On August 22, Haixing Electric had a financing buy amount of 0.11 billion, ranking 1471st in the market, with a financing repayment amount of 0.14 billion, resulting in a net sell of 3.2066 million [1] - Over the last three trading days (August 20-22), Haixing Electric received financing buys of 0.10 billion, 0.12 billion, and 0.11 billion respectively [1] Group 2 - In terms of securities lending, on August 22, Haixing Electric had a securities lending sell of 3100 shares, with a net sell of 2900 shares [1]

Group 1 - The stock price of Guodian Nanzi experienced fluctuations on August 22, closing at 10.55 yuan, a decrease of 0.47% compared to the previous trading day [1] - During the trading session, there was a rapid rebound, with the stock price reaching 10.59 yuan at 1:27 PM, showing an increase of over 2% within 5 minutes, with a transaction volume of 4.41 billion yuan [1] - Guodian Nanzi's main business includes the research, production, and sales of power automation equipment and renewable energy equipment, which are widely used in power grid construction, power generation, and rail transit sectors [1] Group 2 - On August 22, Guodian Nanzi experienced a net outflow of 66.14 million yuan in main funds, accounting for 0.62% of its circulating market value [1] - Over the past five trading days, the cumulative net outflow of main funds reached 119.15 million yuan, representing 1.12% of its circulating market value [1]