凤凰网财经讯 9月8日，A股三大指数开盘涨跌不一，沪指跌0.02%，深成指涨0.33%，创业板指涨 0.21%。电池、航天装备等板块涨幅居前，免税、CPO等板块指数跌幅居前。 机构观点 华泰证券：行业短周期继续分化，TMT、先进制造主动补库有望延续 中信建投：持续看多锂电、储能 中信建投表示，锂电方面，旺季来临+储能超预期，电芯涨价在即，且需求远期能见度高，板块供需关 系已经彻底扭转，业绩确定性强估值低位具备高低切逻辑。看好：①业绩稳定的低估值龙头公司；②弹 性标的关注6F率先涨价。储能方面，136号文后峰谷差拉大+各省容量政策到位推进国内市场招标数据 持续高增。海外市场今年以来欧洲、澳洲、亚洲市场需求好，预计行业仍将维持高景气。持续看多锂 电、储能。 天风证券：政策加持、巨头引领、发布会催化临近，全面看好端侧AI 天风证券表示，看好政策加持、巨头引领、发布会催化临近背景下，端侧AI相关投资机遇。苹果近期 动态彰显其在端侧AI方面产品创新决心，对使用体验及销量的拉动有超预期的可能，建议关注苹果产 业链。 华泰证券表示，A股中报业绩已披露完毕，本季度财报基本延续一季报磨底的特征，板块分化仍较为明 显：1）短周期 ...

Group 1 - The core viewpoint is that the AI's contribution to the growth of the computer sector will further increase in the second half of 2025, driven by factors such as CAPEX acceleration, technological upgrades, and supply improvements [1] - The computing industry is expected to see a significant acceleration in revenue and a notable improvement in net profit in the first half of 2025, with the computing power sector experiencing high growth [1] - The growth of the "Xinchuang" (信创) sector is expected to continue its positive trend and accelerate in the second half of the year, with potential expansion into industrial software and other areas [1] Group 2 - The A-share market is likely to continue a volatile upward trend, with a focus on short-term fluctuation risks and marginal changes in market volume [2] - Growth sectors have shown high levels of prosperity in the first half of the year, with potential for rotation among sectors such as machinery and electrical equipment, which have rebound potential [2] - Low-position sectors, particularly certain consumer segments, may strengthen under policy support, while mid-to-long-term focus should be on supply-demand dynamics and industry profit recovery [2] Group 3 - The report emphasizes the importance of investing in industries with solid industrial logic, such as communication equipment, semiconductors, and innovative pharmaceuticals [3] - There is a highlighted focus on sectors benefiting from China's manufacturing advantages and trade growth with non-US economies, including white goods and engineering machinery [3] - The financial sector is expected to benefit from improved market sentiment, with attention on insurance and brokerage firms [3]

中金公司研报认为，配置上，1、流动性预期好转，科创、赛道主题业绩具备中长期比较优势，关注产 业逻辑相对扎实的行业，如通信设备、半导体、电子硬件、固态电池、创新药、国防军工、机器人等。 2、中国制造优势凸显，关注外贸增长已布局海外产能的白色家电、工程机械和电网设备等。3、资本市 场情绪回暖提振金融业绩表现，关注保险、券商。4、"反内卷"引导行业供给收缩，政策发力催化需求 企稳预期，关注光伏等行业。5、红利板块或存在分化，从优质现金流、波动率及分红确定性出发，布 局电信、银行等。 (本文来自第一财经) ...

Group 1 - The report from China International Capital Corporation (CICC) suggests a favorable liquidity outlook, highlighting mid to long-term advantages in sectors such as communication equipment, semiconductors, electronic hardware, solid-state batteries, innovative pharmaceuticals, national defense, and robotics [1] - The competitive edge of Chinese manufacturing is emphasized, with a focus on white goods, construction machinery, and power grid equipment that have established overseas production capacity and are benefiting from trade growth with non-US economies [1] - The recovery in capital market sentiment is expected to boost financial performance, particularly in the insurance and brokerage sectors [1] Group 2 - The "anti-involution" trend is leading to a contraction in industry supply, with policy initiatives expected to stabilize demand, particularly in the photovoltaic sector [1] - There may be differentiation within dividend sectors, with an emphasis on quality cash flow, volatility, and dividend certainty, particularly in telecommunications and banking [1]

证券之星消息，9月5日电网设备板块较上一交易日上涨3.01%，新风光领涨。当日上证指数报收于 3812.51，上涨1.24%。深证成指报收于12590.56，上涨3.89%。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 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600089 | 特变电工 | 4.11 Z | 10.46% | -1.80 亿 | -4.59% | -2.31 Z | -5.87% | | 600869 | 远东股份 | 1.28亿 | 11.80% | -3965.62万 | -3.67% | -8785.59万 | -8.13% | | 300001 | 特倪德 | 1.25 Z | 9.84% | -3220.56万 | -2.53% | -9291.03万 | -7.30% | | 600406 | 国电南瑞 | 8206.74万 | 7.60% | -6625.70万 | -6.14% | -15 ...

Core Viewpoint - Despite winning a significant order from the State Grid, the disparity in the development of its dual business segments reveals a concerning "specialization" issue for Dongfang Tower [2][3] Group 1: Financial Performance - In the first half of 2025, Dongfang Tower achieved a net profit of 493 million yuan, a year-on-year increase of 79.18% [3][6] - The chemical segment, primarily potassium fertilizer, accounted for 66.8% of total revenue, growing by 20.8% year-on-year, with a gross margin of 52.05% [3][6] - The manufacturing segment, including steel structures, saw a revenue decline of 9.7%, with a gross margin of only 10.87% [3][5] Group 2: Recent Orders - Dongfang Tower recently won two bids from the State Grid, totaling approximately 137 million yuan, which represents only 3.27% of the projected audited revenue for 2024 [2][5] - The orders include products such as angle towers and steel pipe towers, with specific amounts of 98.48 million yuan and 38.78 million yuan respectively [4][5] Group 3: Business Segmentation - The potassium fertilizer business has become a major profit driver, with sales reaching 1.435 billion yuan in the first half of 2025, compared to 1.188 billion yuan in the same period last year [6][7] - The core product, potassium chloride, generated sales of 1.398 billion yuan, with a gross margin of 52.15% [6][7] Group 4: Market Dynamics - International potassium fertilizer prices have been rising due to increased global demand and production cuts by leading suppliers, with domestic prices around 3,000 yuan/ton and international prices between 350 to 360 USD/ton [7] - Dongfang Tower is focusing on expanding its potassium fertilizer capacity, with plans for a million-ton potassium salt project in Laos and a circular economy industrial park [7]

白云电器分析师会议 调研日期：2025年09月04日 调研行业：电网设备 参与调研的机构：投资者等 / 机构调研pro小程序 DJvanbao.com 洞见研报 出品 : 机构调研pro小程序致力于为金融证券投资者提供最新最全的调研会议纪要。 来机构调研pro小程序，了解最新的：行业投资风向、热门公司关注、权威机构分析... 权威完善的信息持续更新! 更多精彩的机构调报告请移步机构调研pro小程序~ 一解投资机构行业关注度。 频判市场 | Gallia | | | --- | --- | | 11 2 12 200 2 110 | | | 1:给我们 = 影片面临官 = | | | 阿里巴巴佩尼 | | | 钢铁机之题。 8 | 图纸制图: 23 | | 20GB Millio Aller 19 | | | 海双集团 | | | 1 1 80.0 0 | 总机构建 23 | | LOGA: REGH, KETA: 1986 | | | 小麦具日 | | | 的研究次数:8 | 上机构馆:23 | | 定年代的:用者点击:我要的中:主要原因 | | | START SHILL CARD | | | 颜的集团 | ...

从资金流向上来看，当日电网设备板块主力资金净流出2.99亿元，游资资金净流出6026.45万元，散户资 金净流入3.59亿元。电网设备板块个股资金流向见下表： 证券之星消息，9月4日电网设备板块较上一交易日下跌0.32%，崧盛股份领跌。当日上证指数报收于 3765.88，下跌1.25%。深证成指报收于12118.7，下跌2.83%。电网设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002882 | 金龙羽 | 37.16 | 10.01% | 62.31万 | | 22.39 Z | | 002121 | 科陆电子 | 7.34 | 8.26% | 222.51万 | | 16.31亿 | | 603333 | 尚纬股份 | 9.22 | 5.25% | C 50.84万 | | 4.56亿 | | 831396 | 许昌智能 | 12.49 | 5.13% | 15.02万 | | 1.84亿 | | 835508 | 殷图网联 | 30.19 | ...

证券之星消息，9月3日电网设备板块较上一交易日下跌0.71%，雅达股份领跌。当日上证指数报收于 3813.56，下跌1.16%。深证成指报收于12472.0，下跌0.65%。电网设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 601877 | 正泰电器 | 28.20 | 3.94% | 49.64万 | | 13.83亿 | | 301012 | 扬电科技 | 21.46 | 3.37% | 10.71万 | | 2.29亿 | | 002121 | 科陆电子 | 6.78 | 3.04% | 78.39万 | | 5.30亿 | | 002028 | 思源电气 | 93.50 | 2.92% | 7.21万 | | 6.72亿 | | 002706 | 良信股份 | 11.15 | 2.76% | 48.60万 | | 5.38亿 | | 688226 | 威腾电气 | 41.05 | 2.50% | 9.00万 | | 3.72亿 | | 6036 ...

证券之星消息，9月2日电网设备板块较上一交易日下跌1.93%，日丰股份领跌。当日上证指数报收于 3858.13，下跌0.45%。深证成指报收于12553.84，下跌2.14%。电网设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688248 | 南网科技 | 40.15 | 10.36% | 13.10万 | | 4.97亿 | | 430556 | 雅达股份 | 66'EI | 7.53% | 28.16万 | | 3.72亿 | | 688611 | 杭州柯林 | 42.21 | 5.03% | 4.55万 | | 1.88亿 | | 831175 | 派诺科技 | 18.47 | 4.47% | 11.66万 | | 2.11亿 | | 300882 | 万胜智能 | 18.95 | 4.06% | 22.92万 | | 4.22亿 | | 834639 | 晨光电缆 | 9.36 | 3.88% | 10.48万 | | 9641.24万 | | ...