Core Viewpoint - The Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have issued the "Power Equipment Industry Stabilization Growth Work Plan (2025-2026)", aiming to maintain steady growth in the power equipment sector and promote the integration of new energy technologies [1][2]. Group 1: Revenue and Growth Targets - The plan sets a target for traditional power equipment to achieve an average annual revenue growth rate of around 6% from 2025 to 2026 [1]. - The revenue of the national advanced manufacturing clusters in the power equipment sector is expected to grow at an average annual rate of 7%, while leading enterprises aim for a 10% average annual revenue growth [1]. Group 2: Demand Expansion and Project Development - The plan emphasizes expanding domestic effective demand by stabilizing power equipment needs through major energy projects [1]. - It includes initiatives to accelerate the development of large onshore wind and photovoltaic bases, promote orderly construction of offshore wind power, and advance distributed development of wind and solar energy [1]. Group 3: Green and Intelligent Transformation - The plan promotes the deep integration of new information technologies with power equipment, accelerating the green upgrade and transformation of equipment [2]. - It encourages enterprises in the power equipment sector to accelerate digital transformation and improve the efficiency of electric motors, transformers, and distribution equipment [2].

Core Viewpoint - The Ministry of Industry and Information Technology, along with other regulatory bodies, has issued a work plan for the power equipment industry aimed at maintaining steady growth from 2025 to 2026, targeting an average revenue growth rate of around 6% for traditional power equipment and stable growth for new energy equipment [1][4]. Summary by Sections Overall Requirements - The plan emphasizes the importance of adhering to the principles of Xi Jinping's New Era Socialism, focusing on high-quality development and the green low-carbon transition in energy [3]. Main Goals - The primary goals for 2025-2026 include: - Maintaining a 6% average revenue growth for traditional power equipment - Ensuring stable revenue growth for new energy equipment - Keeping power generation equipment output within a reasonable range - Increasing the export volume of new energy equipment - Achieving a 7% average revenue growth for advanced manufacturing clusters in the power equipment sector - Aiming for a 10% average revenue growth for leading enterprises [4]. Work Measures - **Improving Equipment Supply Quality**: Focus on enhancing the supply level of power equipment through technological breakthroughs and innovation in key components [5]. - **Expanding Domestic Effective Demand**: Leverage major energy projects to stabilize demand for power equipment, including the development of wind and solar energy projects [5]. - **Exploring International Markets**: Strengthen cooperation in green infrastructure and expand overseas markets for power equipment [6]. - **Accelerating Equipment Promotion and Application**: Implement policies to support the promotion of innovative products in the power equipment sector [7]. - **Optimizing Industry Development Environment**: Foster a competitive environment and support industry self-regulation [7]. - **Strengthening Standard Support**: Improve the standard system in the power equipment field to enhance quality and facilitate equipment updates [8]. - **Promoting Green and Intelligent Transformation**: Encourage the integration of new information technologies with power equipment to enhance efficiency and sustainability [8]. - **Enhancing Industry Chain Collaboration**: Support advanced manufacturing clusters and promote collaboration among enterprises in the power equipment sector [8]. Guarantee Measures - **Strengthening Organizational Support**: Enhance collaboration among departments and encourage local governments to implement supportive measures [9]. - **Strengthening Scheduling and Analysis**: Establish mechanisms for monitoring industry growth and addressing challenges [9]. - **Strengthening Financial and Tax Support**: Implement tax incentives and financial services to support high-quality development in the power equipment sector [10]. - **Strengthening Promotion and Guidance**: Conduct policy promotion and manage expectations to maximize the effectiveness of the policies [10].

Core Viewpoint - The "Power Equipment Industry Stabilization Growth Work Plan (2025-2026)" aims to maintain a steady growth in traditional power equipment revenue and promote the development of new energy equipment, with specific targets for revenue growth and production output [1][2]. Group 1: Revenue and Production Goals - The plan sets a target for traditional power equipment to achieve an average annual revenue growth rate of around 6% from 2025 to 2026 [1]. - New energy equipment revenue is expected to show stable growth, with key regions and enterprises driving the market [1]. - The average annual revenue growth for national advanced manufacturing clusters in the power equipment sector is targeted at around 7%, while leading enterprises aim for a 10% growth rate [1]. Group 2: Demand Expansion Strategies - The plan emphasizes expanding domestic effective demand by leveraging major energy projects to stabilize power equipment demand [1]. - It includes initiatives to accelerate the development of large onshore wind and photovoltaic bases, as well as orderly construction of offshore wind power [1]. - The plan promotes the phased elimination of outdated capacity and the development of major hydropower projects and pumped storage [1]. Group 3: Green and Intelligent Transformation - The plan advocates for the deep integration of new information technology with power equipment, accelerating the green upgrade and transformation of equipment [2]. - It encourages enterprises in the power equipment sector to accelerate digital transformation across all processes and enhance the intelligence level of distribution busbars [2]. - The plan also promotes the recycling of wind and solar equipment and encourages the remanufacturing of high-value products like generators and gearboxes [2].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 《方案》提到，2025-2026年主要目标是：传统电力装备年均营收增速保持6%左右，新能源装备营收稳 中有升；发电装备产量保持在合理区间，供给得到有效保障，新能源装备出口量实现增长；重点地区、 重点企业带动作用加强，电力装备领域国家先进制造业集群年均营收增速7%左右，龙头企业年均营收 增速10%左右；推动一批标志性装备攻关突破和推广应用。 记者 辛圆 工业和信息化部网站周五发布消息，日前，工业和信息化部、市场监管总局、国家能源局印发《电力装 备行业稳增长工作方案（2025-2026年）》（以下简称《方案》），提出扩大国内有效需求、加快装备 推广应用、优化行业发展环境等八项举措。 优化行业发展环境方面，《方案》提到，强化电力装备行业自律，营造良性竞争环境。研究制定风电装 备制造行业规范条件和管理办法，推动风电装备研发迭代保持合理节奏。深入实施光伏制造行业规范条 件政策，引导产业优化布局和转型升级。 除上述几个方面，《方案》还提到，推动新一代信息技术与电力装备深度融合，加快推进装备绿色化升 级改造，通过优质供给创造新需求。引导电力装备领域企 ...

Core Viewpoint - The "Power Equipment Industry Steady Growth Work Plan (2025-2026)" aims to maintain a stable growth trajectory for traditional power equipment and promote the development of new energy equipment, with specific revenue growth targets and strategic initiatives outlined for the industry [1][3]. Group 1: Revenue Growth Targets - The plan sets a target for traditional power equipment to achieve an average annual revenue growth rate of around 6% from 2025 to 2026 [1]. - New energy equipment is expected to see stable revenue growth, while the annual revenue growth rate for national advanced manufacturing clusters in the power equipment sector is targeted at approximately 7% [1]. - Leading enterprises in the sector are projected to achieve an average annual revenue growth rate of about 10% [1]. Group 2: Demand Expansion and Project Development - The strategy emphasizes expanding domestic effective demand by leveraging major engineering projects in the energy sector to stabilize power equipment demand [3]. - Key initiatives include accelerating the development of large onshore wind and photovoltaic bases, promoting orderly construction of offshore wind power, and advancing distributed development of wind and solar power [3]. - The plan also includes the implementation of coal power "three reforms linkage" and the orderly elimination of backward production capacity [3]. Group 3: Green and Intelligent Transformation - The plan promotes the deep integration of new generation information technology with power equipment, accelerating the green upgrade and transformation of equipment [3]. - It encourages enterprises in the power equipment sector to accelerate digital transformation and improve the intelligence level of distribution busbars [3]. - The initiative includes promoting the recycling of new energy equipment and encouraging the remanufacturing of high-value-added products [3]. Group 4: Industry Chain Collaboration - The plan supports advanced manufacturing clusters in the power equipment sector to implement cultivation and enhancement actions, aiming for world-class status [4]. - It encourages eligible enterprises to apply for high-tech enterprise status and engage in collaborative actions within the industry chain [4]. - The initiative aims to foster the development of small and medium-sized enterprises and promote the integration of large and small enterprises [4].

Core Viewpoint - The release of the "Power Equipment Industry Stabilization Growth Work Plan (2025-2026)" by three government departments is a significant positive development for the industry, aiming to ensure steady growth and quality improvement in the power equipment sector [1][7]. Summary by Sections Overall Requirements - The plan emphasizes the need to adhere to the new development philosophy, promote high-quality development, and support the green and low-carbon transition in the energy sector [8]. Main Goals - The primary objectives for 2025-2026 include maintaining an average revenue growth rate of around 6% for traditional power equipment, ensuring stable revenue growth for new energy equipment, and achieving a 10% average revenue growth rate for leading enterprises [5][9]. Work Measures - **Improving Equipment Supply Quality**: Focus on enhancing the supply level of power equipment through technological breakthroughs and innovation in key components [10]. - **Expanding Domestic Effective Demand**: Leverage major energy projects to stabilize demand for power equipment and promote the development of wind and solar energy projects [10]. - **International Market Expansion**: Strengthen cooperation with emerging market countries in the wind, solar, and energy storage sectors, encouraging enterprises to explore overseas markets [11]. - **Accelerating Equipment Promotion and Application**: Implement policies to support the promotion of innovative products in the power equipment sector [12]. - **Optimizing Industry Development Environment**: Foster a competitive environment and establish industry standards to enhance quality and service [12]. - **Strengthening Standard Support**: Improve the standard system in the power equipment sector to drive quality enhancement and equipment updates [13]. - **Promoting Green and Intelligent Transformation**: Integrate new information technologies with power equipment to enhance efficiency and sustainability [13]. - **Enhancing Industry Chain Collaboration**: Support advanced manufacturing clusters in the power equipment sector to stabilize industry growth [14]. Guarantee Measures - **Strengthening Organizational Support**: Encourage collaboration between departments and local governments to stabilize growth in the power equipment industry [15]. - **Enhancing Monitoring and Analysis**: Establish mechanisms for monitoring industry data and addressing growth challenges [15]. - **Reinforcing Financial and Tax Support**: Implement tax incentives and financial services to support the high-quality development of the power equipment sector [16].

【导读】三部门印发《电力装备行业稳增长工作方案（2025—2026年）》 中国基金报记者 晨曦 重磅利好来了！ 9月12日，工业和信息化部、市场监管总局、国家能源局发布了《电力装备行业稳增长工作方 案（2025—2026年）》（以下简称《工作方案》）。 9月12日盘初，电力设备板块局部走高，科华数据直线拉涨停，大烨智能、卧龙电驱等跟涨。 | W | 科华数据(002335) | | | | | --- | --- | --- | --- | --- | | | 交易中 09-12 09:32:57 通 融 | | | | | 69.04 | 额 7.71亿 股本5.15亿 市盈 106.8 | | | 万得 | | +6.28 | +10.01% 換 2.50% 市值1356亿 市净 | | 5.72 | 할 □ | | से सब | 五日 日K 周Ｋ 月Ｋ | | 童学 | | | 叠加 | | | 盘口 | 资金 | | 69.04 | | 10.01% | 卖5 | 0 | | | | | 型4 -- | 0 | | | | | 童3 -- | 0 | | | | | 卖2 -- | 0 | | 62 ...

公募机构大力布局增强指数型基金 在近年被动产品大发展的背景下，"进可攻退可守"的增强指数型基金得到了公募机构的青睐，众多基金 公司今年以来加大了对该类产品的布局力度。数据显示，今年以来新发行的增强指数型基金数量已破 百，超过2024年和2023年的全年新发数量。在业绩方面，部分增强指数型基金取得了良好的超额收益， 人气激增。数据显示，今年以来，新发行106只增强指数型基金（按认购起始日统计），合并发行份额 610.97亿份。今年新发行的增强指数型基金数量和规模已经超过了2024年和2023年全年的数量和规模。 2024年、2023年新发行的增强指数型基金分别有42只和59只，合并发行份额共有214.27亿份和265.9亿 份。（中国证券报） 多只债券发行人被公开谴责 定期报告披露违规是主因 沪深交易所披露的监管信息显示，今年下半年以来，共有28只债券的发行人及相关责任主体收到书面警 示、通报批评和公开谴责等纪律处分。梳理可见，是否及时、准确发布定期报告和募集资金能否合规使 用，是沪深交易所关注的两大焦点。同时，监管部门还进一步传递出信号：发行人高管须尽职履职，保 障信息披露的及时和准确，更不能"一辞了之"。( ...

（二）扩大国内有效需求。依托能源领域重大工程项目，稳定电力装备需求。加快推进陆上大型风电光 伏基地，推动海上风电规范有序建设，积极推进风电和光伏发电分布式开发、水风光一体化开发。继续 实施煤电"三改联动"，推进新一代煤电改造建设，稳妥有序淘汰落后产能。积极稳妥推动重大水电建 设，积极有序开发建设抽水蓄能。稳步推进核电开发，积极安全有序推动一批沿海核电项目核准建设。 优化全国电力系统设计，核准建设一批重点电力互济工程。推进智能微电网建设和电源电网侧储能应 用，提高电网对清洁能源接纳、配置和调控能力。 （三）积极开拓国际市场。积极参与全球能源绿色低碳转型，加强绿色基建、新型基建等领域合作，拓 展电力装备海外市场。发挥好双多边合作机制作用，深化与新兴市场国家在风电、光伏、储能等领域全 产业链合作,引导企业合理有序开展海外布局，强化产品质量，打造电力装备品牌形象。支持电力领域 对外承包工程合作，鼓励能源开发企业、装备制造企业、金融机构组团出海。深化国际合作，鼓励零部 件制造企业积极融入海外供应链。 积极安全有序推动一批沿海核电项目核准建设。 9月12日，工业和信息化部、市场监管总局、国家能源局印发《电力装备行业稳增长 ...

Core Viewpoint - The Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have released the "Power Equipment Industry Stabilization and Growth Work Plan (2025-2026)", which aims to expand domestic effective demand and stabilize power equipment demand through major energy projects [1] Group 1: Demand Expansion and Stabilization - The plan emphasizes the need to expand domestic effective demand by relying on major engineering projects in the energy sector [1] - It aims to stabilize the demand for power equipment by accelerating the development of large onshore wind and photovoltaic bases [1] Group 2: Renewable Energy Development - The plan promotes orderly construction of offshore wind power and encourages distributed development of wind and solar power [1] - It also supports the integrated development of wind and solar energy [1] Group 3: Coal and Hydropower Initiatives - The plan continues to implement the "three reforms" of coal power, promoting the construction of new-generation coal power and the orderly elimination of outdated capacity [1] - It actively promotes major hydropower construction and the development of pumped storage projects [1] Group 4: Nuclear Power and Grid Optimization - The plan supports the steady advancement of nuclear power development and the safe and orderly approval of several coastal nuclear power projects [1] - It aims to optimize the national power system design and approve the construction of key power interconnection projects [1] Group 5: Smart Grid and Energy Storage - The plan promotes the construction of smart microgrids and the application of energy storage on the power source and grid side [1] - It aims to enhance the grid's capacity to accept, allocate, and regulate clean energy [1]