Market Overview - The Hang Seng Index rose by 1.36%, gaining 347 points to close at 25,878 points, while the Hang Seng Tech Index increased by 1.45%. The early trading volume in Hong Kong reached HKD 106.5 billion [1]. Electric Equipment Sector - Electric equipment stocks showed strength in early trading, with optimism regarding power market demand due to potential benefits from overseas AIDC construction. Harbin Electric (01133) surged over 10%, Dongfang Electric (01072) rose by 7.76%, and Shanghai Electric (02727) increased by 7.44% [1]. Technology and Expansion - Cambridge Technology (06166) saw a rise of over 8% as it plans to invest approximately USD 100 million to expand its U.S. subsidiary CIG [2]. - SUTENG (02498) increased by over 6% ahead of CES 2026, marking its tenth consecutive year of participation [3]. Consumer Sector - Consumer concept stocks experienced gains following favorable signals from the Central Economic Work Conference. Jiumaojiu (09922) rose over 4%, Haidilao (06862) increased by 2.7%, and Chabaidao (02555) gained 4.5% [3]. - Guoquan (02517) rose over 3%, with long-term market expansion in the "home meal" sector being a significant catalyst [4]. Biopharmaceutical Sector - Xuan Bamboo Bio-B (02575) surged over 21%, reaching a new high as its product Xuan Yuening was included in the medical insurance directory, with two tumor products expected to receive approval within the year [5]. - Zhaoyan New Drug (06127) increased by over 14%, benefiting from rising prices and shortages of experimental monkeys, indicating potential marginal improvements for CROs [6]. Agricultural Sector - Yituo Co., Ltd. (00038) rose over 8%, with a cumulative increase of over 20% in the past three days, indicating significant potential for growth in overseas revenue [7]. Entertainment Sector - Ocean Park (02255) rebounded over 4%, clarifying that it does not bear any repayment or guarantee obligations related to financial products associated with shareholders [8]. Other Notable Movements - Jinjie Holdings (03918) declined by 0.59%, with the Chinese embassy in Cambodia advising citizens to enhance safety precautions at the Cambodia-Thailand border [9].

港股恒生指数涨1.36%，涨347点，报25878点；恒生科技指数涨1.45%。港股早盘成交1065亿港元。 电力设备股早盘走强。燃气轮机或受益海外AIDC建设，机构对电力市场需求乐观。哈尔滨电气(01133) 涨超10%；东方电气（600875）(01072)涨7.76%；上海电气（601727）(02727)涨7.44%。 剑桥科技（603083）(06166)再涨超8%，拟斥约1亿美元增资美国子公司CIG扩产。 速腾聚创(02498)再涨超6%，CES2026即将召开，速腾聚创连续第十年参展。 消费概念股走高。中央经济工作会议释放消费利好，九毛九(09922)涨超4%；海底捞(06862)涨2.7%；茶 百道(02555)涨4.5%。 锅圈(02517)涨超3%，公司"在家餐食"市场长期扩容场景拓展+下沉发力将成为有效催化。 轩竹生物-B(02575)涨超21%再破顶，轩悦宁进入医保目录，两款肿瘤产品年内密集获批。 昭衍新药（603127）(06127)再涨超14%，实验猴面临涨价、缺货，安评CRO有望迎边际改善。 一拖股份（601038）(00038)再涨超8%，近三日累涨逾两成，海外收入占比仍有较大 ...

此次中标的21KV滤波装置，是保障项目电力系统稳定运行的关键设备，能够实现无功补偿及谐波抑制 等功能，确保生产过程中电力供应的高效与稳定。该装置严格遵循阿曼当地电力行业标准，结合项目所 在地炎热沙漠气候特点，在绝缘性能、耐温性、抗风沙及防紫外线等方面进行了专项优化设计，可实现 8000小时/年的稳定运行，完全满足项目长期、高效的生产需求。 智通财经获悉，赛晶科技(00580)涨超3%，截至发稿，涨3.47%，报2.09港元，成交额625.86万港元。 本文源自：智通财经网 消息面上，据赛晶科技官微消息，近日，赛晶科技旗下子公司——浙江嘉善科能电力设备有限公司凭借 卓越的技术实力、可靠的产品质量及丰富的行业经验，成功中标 United Solar Polysilicon (FZC) SPC(联 合太阳能多晶硅(FZC)有限公司)阿曼年产10万吨高纯硅基材料项目的21KV滤波装置采购项目，为该海 外项目提供关键电力设备支持。 ...

据赛晶科技官微消息，近日，赛晶科技旗下子公司——浙江嘉善科能电力设备有限公司凭借卓越的技术 实力、可靠的产品质量及丰富的行业经验，成功中标 United Solar Polysilicon （FZC） SPC（联合太阳 能多晶硅（FZC）有限公司）阿曼年产10万吨高纯硅基材料项目的21KV滤波装置采购项目，为该海外 项目提供关键电力设备支持。 此次中标的21KV滤波装置，是保障项目电力系统稳定运行的关键设备，能够实现无功补偿及谐波抑制 等功能，确保生产过程中电力供应的高效与稳定。该装置严格遵循阿曼当地电力行业标准，结合项目所 在地炎热沙漠气候特点，在绝缘性能、耐温性、抗风沙及防紫外线等方面进行了专项优化设计，可实现 8000小时/年的稳定运行，完全满足项目长期、高效的生产需求。 责任编辑：卢昱君 赛晶科技（00580）午前股价上涨4.95%，现报2.12港元，成交额864.55万港元。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 赛晶科技（00580）午前股价上涨4.95%，现报2.12港元，成交额864.55万港元。 据赛晶科技官微消息，近日，赛晶科技旗下子公司——浙江嘉善科能电力设备 ...

消息面上，据赛晶科技官微消息，近日，赛晶科技旗下子公司——浙江嘉善科能电力设备有限公司凭借 卓越的技术实力、可靠的产品质量及丰富的行业经验，成功中标 United Solar Polysilicon (FZC) SPC(联 合太阳能多晶硅(FZC)有限公司)阿曼年产10万吨高纯硅基材料项目的21KV滤波装置采购项目，为该海 外项目提供关键电力设备支持。 此次中标的21KV滤波装置，是保障项目电力系统稳定运行的关键设备，能够实现无功补偿及谐波抑制 等功能，确保生产过程中电力供应的高效与稳定。该装置严格遵循阿曼当地电力行业标准，结合项目所 在地炎热沙漠气候特点，在绝缘性能、耐温性、抗风沙及防紫外线等方面进行了专项优化设计，可实现 8000小时/年的稳定运行，完全满足项目长期、高效的生产需求。 智通财经APP获悉，赛晶科技(00580)涨超3%，截至发稿，涨3.47%，报2.09港元，成交额625.86万港 元。 ...

Core Viewpoint - Rongxin Huike Electric Co., Ltd. has entered the inquiry stage for its IPO on the Sci-Tech Innovation Board, aiming to raise approximately 977 million yuan for various projects [1][1][1] Company Overview - Rongxin Huike is a high-tech enterprise specializing in the research, development, manufacturing, sales, and service of core equipment for new power systems [1][1][1] - The company primarily provides flexible transmission complete equipment and high-power converters, along with technical services [1][1][1] IPO Details - The IPO was accepted on November 25, 2025, and is now in the inquiry phase [1][1][1] - The funds raised will be allocated to the development and industrialization of offshore wind power transmission equipment and key technologies, as well as the development of green low-carbon flexible power core equipment [1][1][1] - Additional funding will support the construction of a research and testing center and replenish working capital [1][1][1]

12月4日，记者从东方电气集团东方汽轮机有限公司（以下简称"东方汽轮机"）获悉，由该公司制造的 世界首台套630℃超超临界二次再热国家电力示范项目主设备，日前在四川德阳下线发运。 同时，机组中自主研发的C630R转子，由钢铁研究总院有限公司、中国第二重型机械集团有限公司、东 方汽轮机等单位联合攻关。研发团队突破国外高压转子传统技术路径，采用全新成分设计思路，使性能 指标全面优于国外同类产品，其中630℃外推10万小时持久强度达到122兆帕。 同时，该机组采用的带功率平衡发电机双机回热系统，通过显著提高回热抽汽能级利用效率，精准解决 了高参数机组高加换热温差增大引发的换热不可逆损失问题，在提升机组整体效率的同时，进一步增强 了运行的可靠性与经济性。 据了解，该示范项目投产后，年发电量可达100亿千瓦时，较常规机组年节约标煤35万吨、减排二氧化 碳94.5万吨。 该示范项目配置两台由东方汽轮机研制提供的100万千瓦机组。该机组拥有4项全球纪录：一次及二次再 热进汽温达631℃、主蒸汽压力达35.5兆帕、发电热效率突破50%、供电煤耗低至256.28克/千瓦时，是 目前全世界"温度最高、压力最高、效率最高、煤耗最低 ...

Management Changes - The company announced the resignation of Zhang Chunhui as General Manager and legal representative due to work adjustments, but he will continue to serve as a board member and a member of the Strategy and Development Committee [1] - The board expressed gratitude for Zhang Chunhui's contributions during his tenure as General Manager [1] New Appointment - The company appointed Jin Zhijian as the new General Manager and legal representative, effective from the date of the board's approval until the end of the current board's term [2] - Jin Zhijian, born in 1986, has a background in various managerial roles within the company and its subsidiaries, and he does not hold any shares in the company [3] - Jin Zhijian's qualifications meet the requirements set by relevant laws and regulations [3]

Core Viewpoint - Heshun Electric experienced a 5.31% increase in stock price, reaching 12.10 CNY per share, with a total market capitalization of 3.12 billion CNY as of December 2nd [1] Company Overview - Heshun Electric, established on December 22, 1998, and listed on November 12, 2010, is located in Suzhou Industrial Park, Jiangsu Province. The company specializes in the manufacturing and sales of power equipment and power electronic devices [1] - The revenue composition of Heshun Electric includes: - Power equipment: 64.29% - Anti-theft energy metering devices: 11.45% - Photovoltaic power generation: 8.54% - Others: 5.67% - Installation and construction: 5.33% - Storage and charging devices: 4.71% [1] Fund Holdings - Heshun Electric is the top holding of Huatai-PB Quant Alpha A (005055), which held 130,400 shares, accounting for 0.54% of the fund's net value. The fund has realized a floating profit of approximately 79,500 CNY today [2] - Huatai-PB Quant Alpha A was established on September 26, 2017, with a current scale of 203 million CNY. The fund has achieved a year-to-date return of 28.93%, ranking 2789 out of 8122 in its category, and a one-year return of 30.26%, ranking 2383 out of 8056 [2] Fund Manager Performance - The fund managers of Huatai-PB Quant Alpha A are Sheng Hao and Kong Lingye. Sheng Hao has a tenure of 10 years and 54 days, managing assets totaling 4.417 billion CNY, with the best return during his tenure being 123.41% and the worst being -29.48% [3] - Kong Lingye has a tenure of 3 years and 121 days, managing assets of 2.577 billion CNY, with the best return of 73.59% and the worst return of 0.04% during his tenure [3]

Core Viewpoint - Rongxin Huike Electric Co., Ltd. has officially received acceptance for its IPO application on the Sci-Tech Innovation Board, focusing on the development, manufacturing, and sales of core equipment for new power systems [1] Group 1: Company Overview - Rongxin Huike is a high-tech enterprise specializing in the research, manufacturing, and sales of flexible transmission equipment and high-power converters, serving various industries including power generation, oil and gas pipelines, and defense [1][2] - The company is recognized as a national-level "little giant" enterprise and has undertaken several major national scientific research projects, receiving widespread recognition for its products and technologies [1][3] Group 2: Technological Advancements - The company has successfully applied over 100,000 pressed IGBT devices in the power electronics field, with more than 12,000 of these being domestically produced, thus promoting the localization of core components in flexible DC transmission equipment [2] - Rongxin Huike has developed a complete intellectual property system in the flexible transmission field, with 166 patent authorizations, including 108 invention patents [3] Group 3: Market Position and Opportunities - The company holds a market share of over 25% in the flexible DC converter market, participating in four out of five operational high-voltage flexible DC projects since 2020 [4] - As of September 2025, the company has an order backlog exceeding 3.68 billion yuan, which is expected to be gradually delivered over the next 2-3 years, laying a solid foundation for future performance [4] Group 4: IPO and Future Plans - The funds raised from the IPO will support the company's response to national energy strategies and carbon reduction goals, focusing on the research and industrialization of key technologies related to new power systems [5] - Planned projects include the development of offshore wind power transmission equipment and green low-carbon flexible power core equipment, aimed at establishing a leading advantage in the core equipment field of new power systems [5]