智通财经APP讯，山高新能源(01250)发布公告，2025年8月集团、其联营公司及合营企业所持有及╱或 管理的项目的营运发电量约52.67万兆瓦时，较2024年同期下降2.4%。截至2025年8月31日止8个月，集 团、其联营公司及合营企业所持有及╱或管理的项目累计总营运发电量约481.53万兆瓦时，较2024年同 期增长约6.3%。 ...

格隆汇9月25日丨山高新能源(01250.HK)公布，2025年8月集团、其联营公司及合营企业所持有及╱或管 理的项目的营运发电量约526,707兆瓦时。截至2025年8月31日止八个月，集团、其联营公司及合营企业 所持有及╱或管理的项目累计总营运发电量约4,815,272兆瓦时，较2024年同期增长约6.3%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：01250） 其中，本集團的集中式光伏發電站及風力發電站之發電量詳情如下： | | 二零二五年 | 二零二四年 | | 本期間 | 二零二四年 | | | --- | --- | --- | --- | --- | --- | --- | | | 八月概約 | 八月概約 | 同比 | 累計概約 | 同期累計概約 | 同比 | | 位置 | 發電量 | 發電量 | 變化率 | 總發電量 | 總發電量 | 變化率 | | | （兆瓦時） | （兆瓦時） | (%) | （兆瓦時） | （兆瓦時） | (%) | | 集中式光伏發電站 | | | | | | | | 附屬公司： | | | | | | | | 河北省 | 68,761 | 78,198 | (12.1) | 558,524 | 610,125 | (8.5) | | 河南省 | 29,034 | ...

截至发稿，海得控制市值为52亿元。 每经头条（nbdtoutiao）——"9·24"一周年，A股总市值破116万亿元！四大变革重塑中国资本市场新生 态 （记者 曾健辉） 每经AI快讯，海得控制（SZ 002184，收盘价：14.76元）发布公告称，2025年9月24日10:30~12:00，海 得控制接受平安证券调研，公司副总经理兼董事会秘书吴秋农等人参与接待，并回答了投资者提出的问 题。 2025年1至6月份，海得控制的营业收入构成为：工业自动化及信息化占比67.8%，新能源发电占比 32.2%。 ...

Group 1 - A new company, Jieyang Shengyang New Energy Co., Ltd., has been established with a registered capital of 5 million RMB [1] - The company is involved in various energy-related activities, including power generation, transmission, and distribution [1] - The sole shareholder of the company is Mingyang Intelligent's subsidiary, Mingyang South China Smart Energy (Shaoguan) Co., Ltd. [1] Group 2 - The company's business scope includes the installation, maintenance, and testing of electrical facilities, as well as the manufacturing and sales of photovoltaic equipment and components [1] - The company also focuses on research and development of emerging energy technologies and solar power technology services [1]

Investment Rating - The report suggests a positive outlook on the RWA (Real World Assets) sector, indicating significant potential for growth and investment opportunities in the tokenization of real estate and other assets [5][12]. Core Insights - RWA represents an upgrade of asset securitization through blockchain technology, allowing for the tokenization of both tangible and intangible assets, thus enhancing liquidity and providing new financing channels [12][13]. - The global on-chain RWA market reached approximately $26.65 billion as of August 26, 2025, with private credit and U.S. Treasury bonds being the primary assets tokenized [5][10]. - The report emphasizes that the real estate sector is poised to become a key application area for RWA, driven by its inherent asset value retention and expected cash flow [5][12]. Summary by Sections 1. Definition and Advantages of RWA - RWA allows for the tokenization of real-world assets, breaking down investment barriers and enhancing liquidity [12][17]. - The advantages of RWA include increased asset liquidity, lower investment thresholds, and enhanced transaction transparency [17][19]. 2. Development History and Market Scale - RWA has evolved from concept to market realization since 2017, entering a rapid expansion phase since 2023 [5][10]. - The total scale of global on-chain RWA has surpassed $26.65 billion, with significant growth in issuance volumes [10][12]. 3. Issuance Process and Regulatory Environment - The RWA issuance process involves asset selection, on-chain integration, issuance and trading, and ongoing management [5][18]. - Regulatory frameworks vary globally, with strict regulations in Europe and the U.S., while regions like Hong Kong adopt more flexible approaches [5][18]. 4. Tokenization of Real Estate - The report highlights the potential of RWA in real estate, suggesting it could reshape investment logic and open new financing avenues [5][12]. - Case studies, such as the tokenization of a commercial property in Hong Kong, illustrate the practical applications and benefits of RWA in real estate [5][12]. 5. Investment Recommendations - The report recommends focusing on companies with substantial real estate holdings that can leverage RWA projects to enhance liquidity and asset valuation [5][12]. - Companies with regulatory advantages are also highlighted as potential leaders in the RWA space [5][12].

在新能源场站安全管理方面，该公司建立了涵盖"公司、场站、班组"的新能源三级安全管控体系，细化 分解安全生产责任制，重要时段执行"领导人员+关键岗位"24小时应急值班值守机制，及时处置突发事 件。提升监盘标准，严格落实"两票三制"工作要求，作业开工前做好安全交底工作。常态化执行防人 身、防事故、防火、防汛重点检查，发现整改问题120余项，进一步提升设备安全水平。定期开展应急 演练，完善安全防护措施，从源头防范安全风险，为新能源发电持续稳定增长保驾护航。 截至9月22日，国家能源集团河北电力有限公司新能源年累计发电5.19亿千瓦时，创历史同期新高，标 志着该公司在清洁能源高效利用方面迈上新台阶，有效保障了夏季用电高峰期的稳定供应。 该公司坚定树牢"提质增效，度电必争，度电必抢"的生产理念，统筹监督各场站创新性实施"错峰检 修"策略，科学利用晚上光伏下网期间、凌晨风电负荷低谷期、午间小风时段进行预防性检修，提高设 备利用率。同步建立检修效能评估系统，深化运行数据分析，加强电网协调沟通，保障发电黄金时段电 力全额消纳，在全力保障设备安全可靠运行的同时做到电量"应发尽发"、效益电"多发抢发"。 ...

Core Viewpoint - Shandong Electric Power Construction plans to reduce its stake in Lixin New Energy by selling 9.333 million shares, representing 1% of the total share capital, through centralized bidding within three months after the announcement date [1] Summary by Relevant Sections - **Shareholder Reduction Plan** - Shandong Electric Power Construction, a shareholder with over 5% stake, intends to reduce its holdings by 9.333 million shares [1] - The reduction period is set from September 4 to September 22, with an average selling price of 6.99 yuan per share [1] - Following the reduction, Shandong Electric Power Construction's ownership will decrease from 6.68% to 5.68% [1] - **Impact on Company Governance** - The share reduction will not affect the governance or operations of Lixin New Energy [1] - The reduction complies with relevant regulations and commitments, and there are no restrictions on the shares sold [1]

证券研究报告·黑龙江省资本市场跟踪报告 2025 年 9 月 23 日 江海证券研究发展部 执业证书编号：S1410524040001 1. 江海证券-黑龙江省资本市场跟踪-黑龙 江省资本市场跟踪双周报— (2025.8.24-2025.9.6) – 2025.09.08 2. 江海证券-黑龙江省资本市场跟踪-黑龙 江省资本市场跟踪双周报— (2025.8.10-2025.8.23) – 2025.08.26 3. 江海证券-黑龙江省资本市场跟踪-黑龙 江省资本市场跟踪双周报— (2025.7.27-2025.8.9) – 2025.08.11 4. 江海证券-黑龙江省资本市场跟踪-黑 龙江省资本市场跟踪双周报— (2025.7.14-2025.7.26) – 2025.07.29 5. 江海证券-黑龙江省资本市场跟踪报告- 黑龙江省资本市场跟踪双周报—— （2025.7.1-2025.7.13） – 2025.07.17 机械军工行业研究组 黑龙江省资本市场跟踪双周报 — — 分析师：张诗瑶 (2025.9.7-2025.9.20) 江海证券有限公司及其关联机构在法律许可的情况下可能与本报告所分析的企业存在 ...

你能想象吗？只需要0.01秒的时间，北京的人们就可以用新疆的电去吃火锅、看演唱会…… 达坂城等地常年的大风、塔里木盆地等地超长的日照，让新疆拥有丰沛的风能光能，通过风电场、光伏 园区转化成绿色电力，并将富余绿电"转场"到22个省份，累计输送超过2700亿度，能够满足全国日常用 电近80天。绿色疆电点亮万家灯火。 总监制丨张勤监制丨王琰 岳群制片人丨朱继华记者丨孙艳摄像丨高淼编辑丨张雨棣 张博 张昊 ...