行业观点概要 ■ 本周（20260202-20260206）板块行情 电力设备与新能源板块：本周上涨2.20%，涨跌幅排名第3，强于上证指数。本周锂电池指数涨幅最大，工控自动化指数跌幅最大。锂电池指数上涨 4.47%，太阳能指数上涨3.43%，储能指数上涨0.49%，风力发电指数上涨0.31%，新能源汽车指数下跌0.18%，核电指数下跌0.31%，工控自动化指数下跌 1.69%。 ■ 新能源车：1月新势力销量公布，固态电池大会召开 2026年1月，整体车市表现略显疲软，但多数车企实现同比正增长。极氪汽车1月交付23,852辆，同比激增99.7%。蔚来汽车1月交付27,182辆，同比 +96.1%。小米汽车1月交付超39,000辆，同比+70.3%。此外，比亚迪依然保持市场领先地位，1月交付210,051辆。整体来看，各大主流车企交付量呈现增 长态势，新能源车市场的强劲势头延续，各势力竞争激烈。2月7-8号，中国全固态产学研协同创新平台召开第三届中国全固态电池创新发展高峰论坛，围 绕关键材料、电芯创新、工艺装备、AI全链条赋能以及知识产权展开讨论。 ■ 新能源发电："十五五"全球光伏装机市场预计保持高增长 光伏 ...

我国新能源汽车产业历经10余年跨越式发展，已形成全球规模最大、技术领先的产业链体系，随着 新能源汽车渗透率突破50％，产业竞争正式迈入以智能化为核心的新阶段——城市NOA（导航辅助驾 驶）渗透率快速提升、L3级自动驾驶蓄势待发、Robotaxi（无人驾驶出租车）商业化加速。提升智能驾 驶能力需要大量的训练数据，建设动态更新的智能驾驶高质量数据集，将成为突破算法泛化能力、缩短 研发周期的核心支撑，推动中国智能汽车产业在全球竞争中实现从"跟跑"到"领跑"的跨越。 一、范式变革与路径收敛：汽车产业智能化发展新征程 汽车产业正经历从传统制造到"AI驱动"的产业范式跃迁。过去一个多世纪，汽车产业的竞争核心一直是 制造业的竞争。随着制造业水平的普遍提升以及人工智能的快速发展，全球汽车产业竞争维度已由发动 机、底盘等机械性能指标全面转向算力、算法与数据深度融合的智能化指标。在"AI定义汽车"的新赛道 上，汽车不再是单纯的物理运输工具，而是具备持续进化能力的移动智能终端，其核心价值正加速从底 层的硬件制造向高阶的智能化决策软件迁移。作为全球产业博弈的战略制高点，智能驾驶技术的成熟度 将直接决定未来智能汽车市场份额和出行市场的 ...

Core Viewpoint - The total number of listed companies in Shenzhen has surpassed 600, with 426 domestic and 174 overseas companies, highlighting their critical role in the city's economic stability and growth [1][4]. Group 1: Economic Impact - Listed companies are seen as the "ballast" of Shenzhen's real economy and a "driving force" for urban development [1]. - The support for local investments by listed companies is deemed essential for strengthening industrial core advantages and unlocking urban potential [1][4]. Group 2: Policy Recommendations - There is a call to upgrade the policy incentive system to enhance local investment guidance, including financial rewards for companies investing in local projects [4][5]. - Suggestions include optimizing talent evaluation mechanisms to attract and retain skilled professionals in Shenzhen, which is crucial for maintaining competitive advantages [4][5]. Group 3: Industry Development - The establishment of industry chain clusters is recommended to stimulate deeper investments from listed companies, leveraging existing resources in sectors like low-altitude economy, robotics, and new energy vehicles [5]. - The focus on creating a collaborative environment among local listed companies is expected to enhance efficiency and foster long-term investment motivations [5]. Group 4: Women in Business - The emergence of outstanding female entrepreneurs in Shenzhen is noted, with women making up about 40% of the city's tech workforce, increasingly leading in fields like AI and biomedicine [5]. - Initiatives to promote women's participation in technology and entrepreneurship, such as hosting an international competition for female innovators, are proposed to attract global talent and investment [6].

威迈斯公告称，2025年度公司实现营业总收入63.42亿元，同比微降0.48%；归属于母公司所有者的 净利润5.57亿元，同比增长39.22%；扣非净利润5.21亿元，同比增长46.71%。主要因境内新能源汽车终 端销量增长，公司车载电源产品量价齐升，且产品出货结构优化。截至2025年末，公司总资产82.26亿 元，同比增长6.96%；归母所有者权益36.26亿元，同比增长10.89%。公告数据为初步核算，未经审计， 具体以年报为准。 ...

作者： 枫叶 以下文章来源于正商参阅 ，作者枫叶 正商参阅 . 原《政商参阅》，做价值的传播者！连续两届获评胡润年度影响力自媒体、21世纪经济报道年度传播力 自媒体、新浪、经济观察报年度影响力自媒体、新榜年度社会关注新媒体荣誉奖等。 来源： 正商参阅 ----------------------------- 让我们一起为梦想窒息！ 是的，没错， 贾跃亭又 "杀"回来了。 这次，大忽悠不是 "造车"成功，而是 另辟蹊径开始"玩"人形机器人了。 不得不佩服贾跃亭 "敏锐"的商业嗅觉，有热点我就蹭，一旦有好的商业模式或产品，那么不好意 思，我的" PPT "早就已经写好了。 更可怕的是，贾跃亭还与时俱进，不再着眼于 "纸上谈兵"，这次是真有机器人样品展示的。 "未来， 360 行各有自己的职业机器人。" 贾跃亭，再次选对了方向。 谁说骗子就不能创造 " 奇迹 " ？ 不得不承认， 贾跃亭这个跑到美国造车的 " 中国第一大忽悠 " ，身上存在 着 一种难以解释的特 质 —— 他似乎总能在被判 " 出局 " 之前，重新回到牌桌上。 从乐视崩塌到远走美国，从债务缠身到被列为 " 被执行人 " ，再到 FF （法拉第未来 ...

2月9日，工信部发布《减免车辆购置税的新能源汽车车型目录》（第二十七批），小米SU7、比亚迪方程豹钛3等多款车型 在列。 股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：山上 | 庆宝 | 汽车生产企业名称 | 在居居 | 题用名称 | 产品名称 | 出来到给我说 | 整车感器 | 动力看单次组 动力精出液用 | | 各注 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 程(km) | 厨昌(kg) | | 总周景(kg) 总能量 (kWh) | | | 1 | 蔚来汽车谷安(安徽)有限公司 | NAL6543BSEVD1 | ES9 | 正保指定 法司因素依据陈 | 620/600/580 | 2845/2870 | 545 | 102 | | | | | | | 的 | (CLTC ) | /2915 | | | | | 2 | | XMA7001 MBEVA1 | 小米 SU7 | 体体育团队 | 835/805/730 | 2280 | ଚିତିତ | 101. 7 | | | 3 | | ...

Core Viewpoint - Weimars (688612.SH) reported a slight decline in total revenue for 2025, while net profit showed significant growth, indicating a strong performance in profitability despite revenue challenges [1] Financial Performance - Total revenue for 2025 was 6.342 billion yuan, a year-on-year decrease of 0.48% [1] - Net profit attributable to the parent company was 557 million yuan, reflecting a year-on-year increase of 39.22% [1] - Operating profit, net profit attributable to the parent company, net profit excluding non-recurring gains and losses, and basic earnings per share all grew by over 30% compared to the previous year [1] Growth Drivers - The growth in net profit is primarily attributed to the steady increase in domestic electric vehicle terminal sales and rising penetration rates, which boosted the shipment volume and revenue of the company's onboard power products [1] - The company has maintained lean production management and increased R&D investment in response to market demand, leading to an improved product shipment structure and a higher proportion of high-value-added products sold [1]

Core Viewpoint - Weimars (688612.SH) reported a slight decline in total revenue for 2025, while net profit saw significant growth, indicating a resilient performance amidst market challenges [1] Financial Performance - Total revenue for 2025 reached 6.342 billion yuan, a year-on-year decrease of 0.48% [1] - Net profit attributable to shareholders was 557 million yuan, reflecting a year-on-year increase of 39.22% [1] - Operating profit, net profit attributable to shareholders, net profit excluding non-recurring gains and losses, and basic earnings per share all grew by over 30% compared to the previous year [1] Market and Product Insights - The growth in net profit is attributed to the steady increase in domestic electric vehicle sales and penetration rates, which positively impacted the shipment volume and revenue of the company's onboard power products [1] - The company has maintained lean production management and increased R&D investment driven by market demand, leading to an improved product shipment structure and a higher proportion of high-value-added products sold [1]

Group 1 - The core viewpoint of the article highlights that the domestic electric vehicle industry in China continues to expand, with global electric vehicle sales also increasing, leading to a rise in global penetration rates [1] Group 2 - In 2025, the company achieved total operating revenue of 6.342 billion yuan, which remained stable compared to the previous year [1] - The net profit attributable to the parent company was 557 million yuan, representing a year-on-year increase of 39.22% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 521 million yuan, showing a year-on-year growth of 46.71% [1] Group 3 - As of the end of 2025, the company's total assets amounted to 8.226 billion yuan, reflecting a year-on-year growth of 6.96% [1] - The equity attributable to the parent company was 3.626 billion yuan, which increased by 10.89% year-on-year [1]

Core Viewpoint - The collaboration between BAIC Group and Beijing Green Exchange to launch the "Carbon Passport" for users of the Arcfox brand represents a significant step in promoting low-carbon practices in the automotive industry, transforming users' travel into quantifiable carbon reduction actions and marking BAIC's transition from a green car manufacturer to a green ecosystem builder [1][20]. Group 1: Carbon Passport Initiative - The Carbon Passport is an industry-first initiative that quantifies and incentivizes green travel, allowing individual users to see their contributions to carbon reduction [8][20]. - The initiative is based on a personalized carbon reduction accounting system that utilizes standards from the Ministry of Industry and Information Technology, enabling users to track their carbon savings based on actual vehicle energy consumption [8][12]. - By 2025, Arcfox users are projected to achieve a cumulative carbon reduction of over 450,000 tons, equivalent to planting over 25 million tamarisk trees, showcasing the effectiveness of the Carbon Passport in activating individual carbon reduction efforts [8]. Group 2: Comprehensive Low-Carbon Transformation - BAIC Group has integrated "low-carbon" into its core strategy, leading to continuous reductions in total carbon emissions and intensity [3]. - The company has established a comprehensive low-carbon development system through its "BLUE Plan," focusing on technology research, production, supply chain collaboration, and user engagement [5]. - BAIC's efforts have earned it the highest rating of "five-star enterprise" in carbon management evaluations, solidifying its position as a leading green product supplier [5]. Group 3: User Engagement and Community Building - The Carbon Passport initiative encourages user participation in environmental actions, transforming users from mere consumers into active participants and co-creators of a green ecosystem [13][19]. - The establishment of the "Guardians of the Extreme" alliance exemplifies the collaboration between the company and users in promoting environmental protection [16]. - The interactive features of the Carbon Passport, such as team competitions and ecological rewards, enhance user engagement and spread green concepts through social interactions [9][20]. Group 4: Broader Implications for the Industry - The Carbon Passport serves as a bridge between green consumer behavior and carbon trading markets, potentially allowing users to gain incentives from carbon markets [12][20]. - BAIC's approach provides a replicable model for low-carbon transformation in the automotive industry and beyond, demonstrating that companies can lead in creating sustainable lifestyles and harnessing social green power [20].