2026年3月10日 中国 北京 刘老师 18911617462 北极星风力发电网获悉：12月22日，华电新能源集团股份有限公司（以下简称"华电新能"）发布关于公 司董事及高级管理人员变动的公告。因工作安排需要，吴韶华先生申请辞去公司第二届董事会董事及董 事会战略委员会委员职务，陈朝辉先生申请辞去公司第二届董事会董事及董事会审计委员会委员职务， 辞职后，吴韶华先生、陈朝辉先生不再担任公司的任何职务。 同时，第二届董事会第九次会议审议通过《关于聘任公司总经理的议案》，同意聘任吴豪先生担任公司 总经理。 审议通过《关于聘任公司财务负责人（总会计师）的议案》，经公司总经理吴豪先生提名，同意聘任杨 帅先生担任公司财务负责人（总会计师）。 审议通过《关于聘任公司董事会秘书的议案》，经公司董事长侯军虎先生提名，同意聘任杨帅先生担任 公司董事会秘书。 | | | | | | 是否继续 | 是否存 | | --- | --- | --- | --- | --- | --- | --- | | | 离任职 | 离任时 | 原定任 | 离任原 | 在上市公 | 在未履 | | 姓名 | | | 期到期 | | 司及其控 | 行完 ...

Core Viewpoint - The recent Central Economic Work Conference emphasizes the need for a shift in business paradigms to resist "involution" competition and focus on value creation and high-quality development [2][26]. Group 1: Transition from Scale to Quality - Chinese enterprises have achieved significant growth, with 130 companies entering the Fortune Global 500 this year, but now must transition from speed and scale to quality and efficiency [4][29]. - The criteria for measuring development quality include investment returns, market presence, profitability, employee income, government tax revenue, and environmental improvement [4][29]. - Companies like Midea are focusing on modern governance to ensure stable development, projecting a profit of 38.5 billion yuan in 2024 with a market value of 630 billion yuan [4][29]. Group 2: Focus on Core Competencies - Companies should prioritize strengthening their core business rather than blindly expanding into unrelated areas, as many issues arise from straying from core competencies [6][31]. - The principle of business core focus suggests eliminating non-core and loss-making operations to maintain clarity and efficiency [6][31]. - For instance, CATL focuses solely on its core business of power batteries, projecting a profit of 50.7 billion yuan in 2024 with a market value of 1.8 trillion yuan [6][31]. Group 3: Shift from Management to Strategic Operations - The current era requires businesses to focus on strategic operations rather than just management, emphasizing the importance of making the right business decisions to enhance profitability [7][32]. - Effective leadership involves setting strategic direction and resource acquisition while delegating management tasks to subordinates [7][32]. - The distinction between management and operations is crucial, with a focus on generating revenue and market engagement being paramount [7][32]. Group 4: Value-Driven Pricing Strategies - Companies must transition from cost-based pricing to value-based pricing, focusing on the value delivered to customers rather than merely production costs [13][40]. - The importance of understanding the relationship between price, volume, and cost is highlighted, with a focus on maintaining price stability in over-saturated markets [17][42]. - Successful brands like Pop Mart leverage emotional and social value in their products, achieving significant revenue growth and market capitalization [41]. Group 5: Moving Towards Cooperative Competition - The need for a shift from harmful competition to cooperative competition is emphasized, where companies focus on creating value rather than engaging in destructive price wars [18][43]. - The concept of "prisoner's dilemma" illustrates the need for industry players to prioritize collective industry benefits over individual gains [19][44]. - Promoting a cooperative ecosystem within industries can lead to sustainable growth and mutual benefits for all stakeholders involved [19][44].

中闽能源所属申万行业为：公用事业-电力-风力发电。所属概念板块包括：福建国资、基金重仓、充电 桩、融资融券、海上风电等。 截至9月30日，中闽能源股东户数3.93万，较上期减少3.93%；人均流通股48365股，较上期增加4.09%。 2025年1月-9月，中闽能源实现营业收入10.80亿元，同比减少1.40%；归母净利润3.28亿元，同比减少 19.82%。 中闽能源今年以来股价跌1.95%，近5个交易日跌2.16%，近20日涨8.47%，近60日涨13.49%。 资料显示，中闽能源股份有限公司位于福建省福州市鼓楼区五四路国际大厦二十二层A,B,C座，成立日 期1998年5月26日，上市日期1998年6月2日，公司主营业务涉及陆上风力发电的项目开发、建设及运 营。主营业务收入构成为：风电96.16%，其他(补充)1.61%，生物质发电1.16%，光伏发电1.06%。 12月23日，中闽能源盘中上涨2.08%，截至10:58，报5.89元/股，成交1.15亿元，换手率1.04%，总市值 112.09亿元。 资金流向方面，主力资金净流入1098.64万元，特大单买入468.13万元，占比4.08%，卖出404. ...

人民财讯12月23日电，企查查APP显示，近日，重庆泰富中来新能源有限公司成立，法定代表人为张 昱，经营范围包含：发电业务、输电业务、供（配）电业务；风力发电技术服务；资源再生利用技术研 发；能量回收系统研发等。企查查股权穿透显示，该公司由中信泰富能源有限公司、中来股份全资子公 司上海中来智慧新能源有限公司共同持股。 转自：证券时报 ...

今年以来嘉泽新能已经2次登上龙虎榜，最近一次登上龙虎榜为9月29日，当日龙虎榜净买入6997.57万 元；买入总计2.68亿元 ，占总成交额比10.62%；卖出总计1.98亿元 ，占总成交额比7.85%。 资料显示，嘉泽新能源股份有限公司位于宁夏回族自治区银川市兴庆区兴水路1号绿地21城企业公园D 区68号楼，成立日期2010年4月16日，上市日期2017年7月20日，公司主营业务涉及新能源发电业务、新 能源电站的开发-建设-出售业务、新能源发电资产管理和新能源产业基金业务。主营业务收入构成为： 新能源电站开发-建设-运营-出售93.64%，屋顶分布式光伏3.27%，新能源电站运维管理服务2.57%，其 他(补充)0.52%，新能源产业基金0.00%。 12月23日，嘉泽新能盘中下跌2.17%，截至10:05，报4.50元/股，成交7533.20万元，换手率0.68%，总市 值131.07亿元。 资金流向方面，主力资金净流出634.54万元，特大单买入136.16万元，占比1.81%，卖出412.53万元，占 比5.48%；大单买入709.24万元，占比9.41%，卖出1067.42万元，占比14.17%。 ...

特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相 关人员为光大证券的客户。 报告摘要 本周行情回顾： 本周SW公用事业一级板块下跌0.59%，在31个SW一级板块中排名第25；沪深300下跌0.28%，上证综指上 涨0.03%，深证成指下跌0.89%，创业板指下跌2.26%。细分子板块中，火电下跌0.88%，水电下跌1%，光 伏发电上涨0.92%，风力发电下跌0.95%，电能综合服务下跌0.53%，燃气上涨0.11%。本周公用事业涨幅 前五的个股分别为中泰股份（+4.53%）、三峡水利（+3.11%）、水发燃气（+2.76%）、郴电国际 （+2.41%）、金房节能（+2.01%）；周跌幅前五的个股分别为闽东电力（-7.54%）、大众公用 （-7.23%）、华通热力（-6.95%）、恒盛能源（-6.55%）、德龙汇能（-5.95%）。 本周数 ...

Core Viewpoint - The article highlights the surprising stock price movements of Oriental Garden, which surged before the announcement of a major asset restructuring, raising questions about potential insider trading [1][10]. Company Transformation - Oriental Garden is transitioning from traditional landscaping to renewable energy, planning to rebrand as "Oriental New Energy" [1]. - In the first half of 2023, revenue from renewable energy accounted for 72.69% of the company's total, while traditional environmental business revenue dropped to approximately 3% compared to the same period last year [1]. Acquisition Plans - The company intends to acquire two renewable energy firms: Haicheng Ruihai, involved in wind power, and Electric Investment Ruixiang, focused on photovoltaic and renewable energy investments [3]. - Haicheng Ruihai reported revenues of 28 million yuan but incurred a net loss of 1.9 million yuan, with a net asset value of 10.78 million yuan, yet is being sold at a premium of over 30% [5]. - Electric Investment Ruixiang has strong backing from major stakeholders, but its audit and valuation are incomplete, leading to uncertainties in the acquisition price [5]. Financial Risks - Both target companies have high debt-to-asset ratios exceeding 90%, with Haicheng Ruihai at 96% and Electric Investment Ruixiang close to 90%, indicating significant reliance on borrowed funds [5]. - Oriental Garden acknowledges the high debt levels of the target companies, which may lead to substantial repayment pressures and potential short-term solvency risks if cash flows deteriorate [5]. Market Conditions - The article notes that typically, sellers in asset acquisitions provide performance guarantees, but in this case, no such commitments were made by the sellers, placing all performance risk on the buyer [6]. - The announcement also warns of potential declines in electricity prices or lower-than-expected power generation rates, which could lead to asset impairment losses [8]. Strategic Support - In 2024, Oriental Garden completed judicial restructuring and successfully divested its traditional environmental business, with state-owned Beijing Chaoyang becoming the controlling shareholder, providing robust support for its renewable energy transition [8]. - The company has made several strategic moves, including a 6 million yuan acquisition of a renewable energy firm and the establishment of a subsidiary focused on renewable energy investments [8]. Challenges Ahead - The renewable energy sector is highly competitive, facing issues such as overcapacity in photovoltaic production, declining electricity prices, and the gradual withdrawal of subsidies, which Oriental Garden must navigate [8]. - The article raises concerns about the legitimacy of the stock price movements prior to the announcement, suggesting either coincidence or potential insider knowledge, which could jeopardize the restructuring plan if proven true [10][12].

3、公司在新疆的在运风电装机容量为159.08万千瓦。 4、公司主要从事风电场的设计、开发、建设、管理和运营。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 来源：新浪证券-红岸工作室 12月22日，龙源电力涨0.40%，成交额4999.97万元，换手率0.07%，总市值1272.36亿元。 异动分析 绿色电力+抽水蓄能+新疆振兴+风电 1、龙源电力集团股份有限公司的主营业务是风力、光伏发电。公司的主要产品是电力、热力。 风力、 光伏发电。 2、龙源电力与黑龙江省铁力市人民政府签订353万千瓦新能源发电项目合作开发框架协议。根据合作协 议，由龙源电力与新农创投资发展有限公司联合成立龙源盛达合资公司，并与铁力市政府展开合作，共 同开发300万千瓦抽水蓄能项目。 资金分析 分红方面，龙源电力A股上市后累计派现68.14亿元。近三年，累计派现55.82亿元。 技术面：筹码平均交易成本为16.67元 该股筹码平均交易成本为16.67元，近期筹码减仓，但减仓程度减缓；目前股价靠近压力位15.25，谨防 压力位处回调，若突破压力位则可能会开启一波上涨行情。 公司简介 资料显示，龙源电力 ...

相关报告：智研咨询发布的《2026-2032年中国风力发电行业市场竞争策略及未来发展潜力报告》 根据国家统计局数据显示：2025年10月中国风力发电量产量为733亿千瓦时，同比下降11.9%；2025年1- 10月中国风力发电量累计产量为8416.7亿千瓦时，累计增长7.6%。 上市企业：金风科技（002202）,明阳智能（601615）,运达股份（300772）,上海电气（601727）,中材科 技（002080）,节能风电（601016）,泰胜风能（300129）,东方电气（600875）,湘电股份（600416）,天 顺风能（002531） 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 2020-2025年1-10月中国风力发电量产量统计图 ...

12月22日，金风科技涨5%，截至发稿，报17.01元/股，成交13.28亿元，换手率2.36%，总市值718.68亿 元。 资料显示，金风科技股份有限公司位于北京市经济技术开发区博兴一路8号,香港铜锣湾礼顿道9-11号合 诚大厦17楼1701室，成立日期2001年3月26日，上市日期2007年12月26日，公司主营业务涉及风力发电 机组开发制造和销售、风电服务、风电场投资与开发、水务业务。主营业务收入构成为：风机及零部件 销售76.58%，风电场开发11.12%，风电服务10.15%，其他2.16%。 从基金十大重仓股角度 数据显示，中邮基金旗下1只基金重仓金风科技。中邮中证500指数增强A（590007）三季度持有股数4.5 万股，占基金净值比例为1.56%，位居第五大重仓股。根据测算，今日浮盈赚取约3.65万元。 中邮中证500指数增强A（590007）成立日期2011年11月22日，最新规模3219.52万。今年以来收益 24.93%，同类排名1952/4197；近一年收益23.58%，同类排名1831/4152；成立以来收益122.37%。 中邮中证500指数增强A（590007）基金经理为王高。 ...