世茂能源1月8日收盘涨10.01%；1月9日盘中最高涨9.91%报35.50元，创上市以来股价新高，当日收盘涨 8.20%报34.95元。 中国经济网北京1月12日讯据上交所网站消息，世茂能源（605028）1月12日全天停牌，停牌原因为重要 事项未公告。 ...

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted as a critical concern, with predictions that AI will significantly strain global power grids [2][3] Investment Opportunity - A specific company is positioned as a key player in the AI energy sector, owning critical energy infrastructure assets that will benefit from the increasing energy demands of AI data centers [3][7] - This company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and poised to capitalize on the onshoring trend driven by tariffs [5][6] Financial Position - The company is noted for being debt-free and holding a substantial cash reserve, which is approximately one-third of its market capitalization [8] - It is trading at a low valuation of less than 7 times earnings, making it an attractive investment compared to other firms in the energy sector [10] Market Trends - The article discusses the broader trends of AI, energy, tariffs, and onshoring, indicating that this company integrates all these elements, making it a unique investment opportunity [6][14] - The demand for U.S. liquefied natural gas (LNG) is expected to surge under the current administration's energy policies, further benefiting this company [7] Future Outlook - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the importance of investing in AI-related companies [12] - The potential for significant returns is emphasized, with projections of over 100% return within 12 to 24 months for investors who act now [15][19]

能源项目投资连续3年超过千亿元、发电总装机突破1.6亿千瓦，可再生能源发电装机占比超50%、发电 量超1000亿千瓦时……近日，河南省政府新闻办举行2025河南省民营经济高质量发展系列新闻发布会， 详解2025年以来河南全省民营经济能源要素保障服务成效，一系列亮眼数据彰显能源产业对民营经济的 坚实支撑。 据河南省能源规划建设局局长夏兴介绍，围绕促进民营经济发展壮大，河南持续强化能源要素保障，落 地了一批"管当前、利长远"的重大项目，实施了一批"强动能、增活力"的关键改革，完善了一批"惠民 生、促发展"的政策措施，推动能源高质量发展迈上新台阶，为全省经济社会发展注入强劲动力。 加强能源要素保障 筑牢民企发展根基 从发布会释放的信号来看，河南立足民营经济发展核心需求，从能源安全保障、供给结构优化、体制机 制改革多维度发力，将能源要素保障嵌入产业发展全链条。 作为经济大省，河南全面落实"四个革命、一个合作"能源安全新战略，以"项目为王"强化能源基础设施 统筹建设。据发布会披露，目前，许昌能信煤电项目按期投运，信阳五岳抽水蓄能电站全面建成，疆电 入豫第二通道加快谋划，天中、青豫直流送电能力持续提升，省级500千伏骨干 ...

| 序号 | | | | | --- | --- | --- | --- | | | 证券代码 ◆ | 证券简称 ◆ | 交易日期⇒ | | 1 | 601318.SH | 中国部安 | 2026-01-09 | | 2 | 002202.SZ | 金风科技 | 2026-01-09 | | ന | 300308.SZ | 中际旭创 | 2026-01-09 | | ব | 300418.SZ | 昆仑万维 | 2026-01-09 | | 5 | 600030.SH | 中信证券 | 2026-01-09 | | 6 | 300136.SZ | 信维通信 | 2026-01-09 | | 7 | 300450.SZ | 先导智能 | 2026-01-09 | | 8 | 002173.SZ | 创新医疗 | 2026-01-09 | | ರಿ | 603179.SH | 新泉股份 | 2026-01-09 | | 10 | 300750.SZ | 宁德时代 | 2026-01-09 | 中泰证券研报表示，中国商业航天正从"探索验证"阶段向"成长爆发"期过渡，行业迎来关键发展拐点。预计在"十五五"期间，随着政 ...

| | 皇公司 都在用的商业商间丁目 | 音老板 商关系 音风险 | | | | --- | --- | --- | --- | --- | | | 家中小企业发展子其余旗下机构 | 重庆润开新能源有限公司 | 8 天眼一下 脂 应用 ▼ | 商务合作 | | 基本信息 102 | 法律诉讼 | 经营风险 | 经营信息 公司发展 | 知 | | 工商信息 ● | | | | | | 工商信息 历史丁商信息0 | | | | | | 企业名称 | 重庆润开新能源有限公司 | | | | | 法定代表人 | 載 载维 器关联企业 21 | 登记状态 2 | 存续 | 天眼评分 2 | | | | 成立日期 | 2026-01-07 | | | 统一社会信用代码 2 | 91500115MAK3TT222B | 注册资本 2 | 431万人民币 | 实缴资本 | | 工商注册号 | 500221020447782 | 纳税人识别号 0 | 91500115MAK3TT222B | 组织机构代码( | | 营业期限 | 2026-01-07 至 无固定期限 | 纳税人资质 | 1 | 核准目期 | | 北小菜品 | ...

26 年全国长协电价分析与展望 20260110 摘要 2026 年全国范围内电价普遍下降，平均降幅在 3 至 4 分钱/千瓦时，部 分省份如江苏、浙江和辽宁降幅超过 6 分钱/千瓦时，主要原因是现货市 场机制全面推进，售电公司抢量压价。 各省长协合同电价差异明显，火电通常高于风电，因火电量大且谈判优 势强，结算价格通常比长期基础价格高 30%，风电和光伏则可能有折扣。 火电企业存在通过现货市场套利行为，例如签订特定时段长协合同，再 从现货市场购买低价新能源发电。 新能源项目收益率在东部复合型经济发达地区表现较好，如北京、天津 和冀北，因项目少竞争激烈。宁夏、新疆等地增量项目收益率高于存量 项目，因竞拍定价较高。 储能参与各省市场交易逐步推进，山西和山东因基准值高、峰谷周期大， 储能收益较好。新疆等地通过容量补贴提高储能收益率。独立储能需参 与现货市场，电价由现货市场决定。 电力公司交易能力体现在政策解读、供需预测、现货及中长期合约获取、 行情分析预测等方面。准确预测短期天气状况已成为竞争优势，但电力 市场更需要中长期气象预测。 Q&A 2026 年哪些省份的长期电价降幅相对较少？具体降幅是多少？ 2026 ...

Investment Rating - Goldman Sachs upgrades the investment rating for the Asia-Pacific region, specifically the MX APJ index, with a 12-month target raised to 825 points, indicating a 14% price return in USD and a total return of 17% [1][2]. Core Insights - The macroeconomic environment is viewed as constructive, with U.S. GDP growth expected to exceed market consensus at 2.6%, and the Federal Reserve likely to cut interest rates twice before mid-year, which typically benefits Asian markets [3][4]. - Earnings growth for 2026 is projected to be strong, increasing from 10% to 19%, with significant contributions from North Asia, India, and cyclical sectors [1][5]. - Valuations are considered reasonable but slightly high, with a forecasted slight compression from 15x to 14.6x, indicating that corporate earnings will be the primary driver of stock market returns [6]. Summary by Sections Macroeconomic Outlook - The macroeconomic outlook is positive, with U.S. GDP growth at 2.6% and AEG growth around 4.8%. The Federal Reserve is expected to lower interest rates twice this year, leading to a weaker dollar, which is favorable for Asian markets [3][4]. Earnings Expectations - Earnings growth is anticipated to rise significantly, with overall growth expected to reach 19%. The recovery in quarterly earnings is attributed to easing base effects, and the ERI indicator suggests a positive outlook for earnings revisions [5]. Valuation Perspective - Current valuations are slightly above historical averages, with the region's price-to-earnings ratio at 1.2 standard deviations above the long-term mean. Earnings will be crucial for driving stock market returns this year [6]. Fund Flow Trends - There has been a significant outflow of approximately $100 billion from overseas investors, with current mutual fund allocations 75 basis points below benchmarks, indicating potential for rebuilding positions in the region [7][8]. Sector and Industry Focus - Investment in large-scale enterprises is expected to grow by 34% to approximately $550 billion, benefiting sectors such as hardware, semiconductors, and AI. The "Asian Energy Upgrade" theme is highlighted, focusing on nuclear power, electricity, and renewable energy [9]. - The geopolitical tension between the U.S. and China presents opportunities for U.S. re-industrialization, with countries like South Korea and Japan increasing investments in response to U.S. demand [10]. China Market Outlook - The Chinese stock market is expected to remain robust, with the MSCI China index projected to rise by 15%-17% and the CSI 300 index by about 10%. Profit growth is forecasted to increase significantly from 4% to 14% [13][14]. India Market Strategy - The Indian market rating has been upgraded to "overweight," with expected earnings growth of around 15%. Key sectors include finance, consumer goods, and industrials, particularly in defense and energy security [16][19].

如何看待长协电价落地后的电力行情？20260109 Q&A 如何看待 2026 年长协电价落地后的电力行业行情？ 2026 年各地的电价风险已经基本落地，整体业绩有望好于当前的悲观预期。 对于火电而言，由于现货市场的开展，实际电价可能会优于长协电量电价加上 容量电价的简单计算结果。因此，预计 2026 年的火电业绩将优于预期。此外， 在火电竞争压力下煤价上涨空间有限，自由现金流也处于改善周期。推荐关注 区域电价降幅较低的火电公司，如河南、河北等地，以及自由现金流状况较好 且无需进行新能源资本开支的大型公司，如华能国际。 对水电行业有何看法？ 水电行业商业模式简单且优秀，尽管 2025 年表现相对较弱，但受益于较小的 业绩压力，预计 2026 年主要水电股仍能实现同比正增长。在此背景下，水电 股有望迎来新一轮上涨周期。推荐关注大型水电公司。 具体分析一下 2026 年的长协签约情况及其影响。 摘要 2026 年火电业绩预计超预期，主要受益于长协电价降幅低于预期（全 国平均约 4 分钱），以及容量补偿提高，综合降幅在 2-3.5 分钱之间。 现货市场机制和煤价下跌空间有限也利好火电盈利。 水电行业商业模式优秀，预 ...

分析师：张刚 登记编码：S0730511010001 zhanggang@ccnew.com 021-50586990 晨会聚焦 国际市场表现 | 指数名称 | | 收盘 | 涨跌幅(%) | | --- | --- | --- | --- | | 道琼斯 | | 30,772.79 | -0.67 | | 标普 | 500 | 3,801.78 | -0.45 | | 纳斯达克 | | 11,247.58 | -0.15 | | 德国 | DAX | 12,756.32 | -1.16 | | 富时 | 100 | 7,156.37 | -0.74 | | 日经 | 225 | 26,643.39 | 0.62 | | 恒生指数 | | 26,231.79 | 0.32 | 资料来源：聚源，中原证券研究所 证券研究报告-晨会聚焦 发布日期：2026 年 01 月 12 日 【财经要闻】 1、国务院总理李强 1 月 9 日主持召开国务院常务会议，会议指出，围绕 促进居民消费，优化实施服务业经营主体贷款、个人消费贷款贴息政策， 推动增加优质服务供给，增强居民消费能力。 资料来源：聚源，中原证券研究所 -4% 3 ...

中央纪委国家监委网站 初英杰 "深海一号"二期深水气井放喷测试瞬间（资料照片）。 新华社发 "国铀一号"示范工程现场。中核集团供图 党中央重大决策部署到哪里，政治监督就跟进到哪里。 新疆乌尉高速公路天山胜利隧道口。新华社记者 胡虎虎 摄 南水北调后续工程首个开工建设的重大项目——引江补汉工程首台双护盾硬岩掘进机"江汉平安号"掘进施工 现场。新华社记者 肖艺九 摄 2025年4月，建设中的陇东—山东±800千伏特高压直流输电工程东平换流站。国网山东电力供图 探宇问天，行星探测工程天问二号探测器成功发射，我国深空探索再次迈出关键一步；逐梦深地，我国首口 超万米科探井——深地塔科1井在地下10910米完钻，刷新"中国深度"；挺进深海，我国首个深水高压气田"深 海一号"二期项目全面投产；西电东送，我国首个"风光火储一体化"大型综合能源基地外送工程——陇东—山 东±800千伏特高压直流输电工程（以下简称"陇电入鲁"工程）竣工投产；穿越天山，拥有世界最长高速公路 隧道天山胜利隧道的乌尉高速全线通车；云端飞虹，"'横竖'都是世界第一"的贵州花江峡谷大桥建成通 车…… 2025年，是"十四五"规划收官、"十五五"规划谋篇布局 ...