2025年中报显示，公司主营收入251.52亿元，同比上升12.53%；归母净利润6652.22万元，同比上升 256.54%；扣非净利润5772.95万元，同比上升1145.29%。2025年第二季度单季度主营收入131.03亿元， 同比上升6.45%；单季度归母净利润4387.45万元，同比上升2445.64%；单季度扣非净利润3973.99万 元，同比上升384.15%。负债率81.02%，投资收益-4180.32万元，财务费用1.99亿元，毛利率4.49%。 公司公告汇总 宝胜科技创新股份有限公司于2025年8月29日召开第八届董事会第二十次会议，审议通过《2025年半年 度报告及摘要》及《公司2025年半年度募集资金存放与实际使用情况的专项报告》，会议召集和召开符 合法律法规及公司章程规定。审计委员会认为报告能充分反映公司财务状况、经营成果和现金流量。董 事会核查募投项目进展及募集资金使用情况，符合监管要求。 截至2025年8月29日收盘，宝胜股份（600973）报收于5.68元，较上周的5.72元下跌0.7%。本周，宝胜 股份8月27日盘中最高价报5.85元。8月28日盘中最低价报5.51元。宝胜 ...

证券之星消息，近日科林电气披露，截至2025年6月30日公司股东户数为1.17万户，较3月31日减少 1106.0户，减幅为8.62%。户均持股数量由上期的3.14万股增加至3.44万股，户均持股市值为56.65万 元。 在电网设备行业个股中，科林电气股东户数低于行业平均水平，截至6月30日，电网设备行业平均股东 户数为3.77万户。户均持股市值方面，电网设备行业A股上市公司户均持股市值为24.44万元，科林电气 高于行业平均水平。 从股价来看，2025年3月31日至2025年6月30日，科林电气区间涨幅为8.72%，在此期间股东户数减少 1106.0户，减幅为8.62%。 根据统计，DR科林电2025年3月31日至2025年6月30日，主力资金净流出4741.64万元，游资资金净流出 991.43万元，散户资金净流入5733.07万元。 ...

Core Insights - *ST Huicheng reported a decrease in the number of shareholders to 32,887 as of June 30, 2025, down by 4,564 or 12.19% from March 31, 2025 [1][2] - The average number of shares held per shareholder increased from 20,900 to 23,800, with an average market value of 79,200 yuan [1][2] - The stock price of *ST Huicheng increased by 48.21% during the period from March 31, 2025, to June 30, 2025, despite the reduction in shareholder numbers [1][2] Company Performance - As of June 30, 2025, *ST Huicheng's shareholder count was below the industry average of 37,700 [1] - The average market value of shares held by shareholders in the electric grid equipment industry was 244,400 yuan, significantly higher than *ST Huicheng's average [1] - From March 31, 2025, to June 30, 2025, the net outflow of main funds was 71.77 million yuan, while retail investors contributed a net inflow of 54.69 million yuan [2] Historical Comparison - The number of shareholders decreased from 40,161 on December 31, 2024, to 32,887 on June 30, 2025, reflecting a significant decline of 24.72% over the period [2] - The stock experienced a price drop of 19.13% from December 31, 2024, to March 31, 2025, before rebounding with a 48.21% increase in the subsequent quarter [2] - The average market value of shares held by shareholders has shown a steady increase from 41,000 yuan in September 2024 to 79,200 yuan in June 2025 [2]

8月29日，正泰电器主力资金净流出11368.45万元，占流通市值的0.19%。近五日主力资金净流入 22174.92万元，占流通市值的0.38%。 风险提示：以上信息仅供参考，不构成任何投资建议，市场有风险，投资需谨慎。（本内容由AI生 成，仅供参考，不构成投资建议。）责任编辑：磐石 截至2025年8月29日15时，正泰电器股价为27.41元，较前一交易日下跌1.62%。当日开盘价为28.05元， 最高触及28.15元，最低下探27.15元，成交额17.92亿元，换手率3.02%。 正泰电器属于电网设备板块，主营业务涵盖低压电器、新能源、智能电气等领域。公司产品广泛应用于 电力、建筑、工业等行业，是国内领先的电气设备供应商之一。 数据显示，二季度末养老金账户对正泰电器的持股量达7222.98万股，位列公司第六、第十大流通股 东。养老金与社保基金共同出现在公司前十大流通股东名单中，显示长期资金对公司的关注。 ...

证券之星消息，8月29日电网设备板块较上一交易日下跌0.36%，洛凯股份领跌。当日上证指数报收于 3857.93，上涨0.37%。深证成指报收于12696.15，上涨0.99%。电网设备板块个股涨跌见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002953 | 日丰股份 | 2.44 Z | 18.65% | -1.52 Z | -11.63% | -9204.89万 | -7.03% | | 600577 | 精达股份 | 1.10 Z | 7.16% | 470.64万 | 0.31% | -1.15 - | -7.47% | | 002692 远程股份 | | 9679.82万 | 23.73% | -4218.05万 | -10.34% | -5461.77万 | -13.39% | | 002882 | 金龙羽 | 9067.20万 | 11.25% | -6177.47万 | -7.66% ...

Core Insights - In August, the Beijing Stock Exchange (BSE) experienced a recovery trend after a period of consolidation, with the BSE 50 Index reaching a new high for the year, indicating a gradual improvement in market sentiment [4][12] - Trading volume increased compared to previous periods, and newly listed stocks continued to show high volatility, with impressive first-day gains, highlighting the attractiveness of scarce supply to investors [4][12] - The market has shown signs of increased activity due to the convergence of mid-year report validations, policy expectations, and a rebound in capital [4][12] - Looking ahead, upcoming index sample adjustments, code switches, and the launch of specialized theme funds in September are expected to serve as catalysts for further market momentum [4][12] Market Review and Valuation - As of August 28, 2025, the BSE 50 Index rose by 6.81% in August, with a maximum increase of 13.74% during the period. Among BSE stocks, 141 rose, 133 fell, and none remained unchanged. Year-to-date, the BSE 50 Index has increased by 49.78%, with a maximum increase of 57.78% [13][19] - The average price-to-earnings (P/E) ratio for the BSE 50 Index as of August 28, 2025, was 70.03 times, with a median of 68.15 times. In comparison, the ChiNext Index had an average P/E of 36.39 times, and the Sci-Tech Innovation Board had an average P/E of 151.87 times [19][24] New Stock Dynamics - In August, five new stocks were listed on the BSE, bringing the total number of listed companies to 274 as of August 28, 2025. During the period from August 1 to August 28, five companies were both subscribed and listed [30][31] Key Company Announcements - Notable announcements include the certification of a quality management system by Jiezhong Technology, a joint venture establishment in Indonesia by Hongzhi Technology, and a successful bid by Sanyou Technology for a copper refining project [33][34]

Investment Rating - The report maintains an "Overweight" rating for the electric equipment and new energy industry [2] Core Viewpoints - The report suggests focusing on the new energy storage segment, highlighting the need for system-friendly new energy power plants to address the instability of renewable energy output [2][39] - The report emphasizes the importance of enhancing the predictive accuracy of wind and solar power generation to improve grid integration [39] - It recommends paying attention to leading inverter companies that benefit from the development of new energy storage technologies [39] Market Review - As of August 28, 2025, the electric equipment industry has increased by 6.08% over the past two weeks, underperforming the CSI 300 index by 0.88 percentage points, ranking 9th among 31 industries [11] - The electric equipment industry has risen by 11.88% this month, outperforming the CSI 300 index by 2.35 percentage points, ranking 7th [11] - Year-to-date, the electric equipment sector has increased by 15.01%, outperforming the CSI 300 index by 1.56 percentage points, ranking 16th [11] Valuation and Industry Data - As of August 28, 2025, the PE (TTM) for the electric equipment sector is 28.32 times, with sub-sectors showing varied valuations: - Electric motor II: 57.18 times - Other power equipment II: 54.33 times - Photovoltaic equipment: 21.08 times - Wind power equipment: 35.53 times - Battery: 27.20 times - Grid equipment: 26.13 times [22][25] Industry News - The report discusses the Chinese government's initiatives to promote green and low-carbon urban development, emphasizing energy efficiency and the adoption of advanced technologies [35] - It highlights the National Energy Administration's focus on enhancing the adaptability of the power system to renewable energy, including the construction of a new power system and the promotion of energy storage solutions [36] Company Announcements - The report includes recent financial performance announcements from various companies, such as: - GreenMe achieved a revenue of 17.56 billion yuan in the first half of 2025, a year-on-year increase of 1.28% [41] - XianDai Intelligent reported a revenue of 6.61 billion yuan, up 14.92% year-on-year [41] - Euro Continental's revenue reached 2.12 billion yuan, reflecting a growth of 32.59% [41]

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, but its overall profitability improved due to strong performance from key subsidiaries and increased gross margin [1][3]. Financial Performance - In the first half of 2025, the company achieved revenue of 3.525 billion yuan, a year-on-year decrease of 4.55% (adjusted), and a net profit of 266 million yuan, down 11.01% (adjusted) [1]. - For Q2 2025, revenue was 2.413 billion yuan, a year-on-year decline of 9.77% (adjusted), with a net profit of 240 million yuan, down 16.42% (adjusted) [1]. - The overall gross margin improved, with figures of 20.02%, 20.27%, and 22.13% for the first half of 2024, second half of 2024, and first half of 2025, respectively [1]. Subsidiary Performance - Key subsidiaries contributed significantly to revenue, with the following figures: Zhongdian Puhua (800 million yuan, 22.71%), Jiyuan Software (730 million yuan, 20.71%), Zhongdian Feihua (998 million yuan, 28.31%), Zhongdian Qimingxing (236 million yuan, 6.68%), and Yili Technology (811 million yuan, 23.00%) [1]. - The net profit margins for these subsidiaries were 8.17%, 0.70%, 6.15%, 1.89%, and 7.42%, respectively, leading to a total revenue contribution of 74.02% from high-profitability subsidiaries [1]. Market Position and Contracts - The company secured over 90% of the market share in the National Grid communication equipment procurement, with significant contracts awarded in May and July 2025 totaling 803 million yuan [2]. - In the second batch of procurement, Jiyuan Software and Zhongdian Feihua won contracts worth 477 million yuan (55.41%), while Yili Technology won 326 million yuan (37.84%) [2]. - In the third batch, the total contracts awarded to the same subsidiaries amounted to 966 million yuan, representing 90.70% of the procurement [2]. R&D and Strategic Focus - The company increased its R&D investment to approximately 482 million yuan in the first half of 2025, resulting in 61 patent authorizations and 65 published scientific papers [3]. - The company is focusing on strategic development and collaboration to enhance its production capabilities and technological innovation [3]. Profit Forecast and Valuation - The profit forecast for 2025-2027 has been revised down to 844 million yuan, 1.025 billion yuan, and 1.253 billion yuan, respectively, with corresponding EPS of 0.70, 0.85, and 1.04 yuan [3]. - The company is expected to maintain a stable performance due to its position as a key subsidiary of the National Grid and the resolution of industry competition issues [3].

电力设备/电网设备 特锐德（300001.SZ） 2025 年 08 月 29 日 投资评级：买入（维持） | 日期 | 2025/8/28 | | --- | --- | | 当前股价(元) | 24.18 | | 一年最高最低(元) | 26.25/17.08 | | 总市值(亿元) | 255.23 | | 流通市值(亿元) | 249.43 | | 总股本(亿股) | 10.56 | | 流通股本(亿股) | 10.32 | | 近 3 个月换手率(%) | 91.28 | 股价走势图 数据来源：聚源 -16% 0% 16% 32% 48% 2024-08 2024-12 2025-04 特锐德 沪深300 相关研究报告 《传统主业控费能力提升，充电网持 续贡献利润弹性—公司信息更新报 告》-2025.4.22 《业绩位于预告中值，盈利能力持续 提 升 — 公 司 信 息 更 新 报 告 》 -2024.10.31 《打造成本优势提升盈利能力，前三 季度业绩超预期—公司信息更新报 告》-2024.10.11 公司传统主业出海稳步推进，充电网业务扭亏为盈 分业务看：（1）公司传统业务板块 2025 年上 ...

Market Performance - The grid equipment sector increased by 0.95% compared to the previous trading day, with Zhengtai Electric leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Zhengtai Electric (601877) closed at 27.86, with a rise of 9.99% and a trading volume of 865,700 shares, amounting to a transaction value of 2.397 billion [1] - Xintong Electronics (001388) saw a closing price of 52.97, up 8.70%, with a trading volume of 139,700 shares [1] - Jinpan Technology (688676) closed at 58.85, increasing by 5.96% with a trading volume of 172,000 shares [1] - Other notable performers include Songsheng Co. (301002) and ST Huicheng (002168), with increases of 5.32% and 5.05% respectively [1] Fund Flow Analysis - The grid equipment sector experienced a net outflow of 1.803 billion from institutional investors, while retail investors saw a net inflow of 1.763 billion [2] - The main stocks with significant fund flow include Zhengtai Electric, which had a net inflow of 266 million from institutional investors [3] - Other stocks like Far East Holdings (600869) and Jinpan Technology (688676) also showed varying degrees of net inflow and outflow from different investor categories [3]