"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 添加文末微信，加 长时储能 群 在 银川市兴庆区政府、 银川市科学技术协会、 苏银产业园 管理委员会 指导下， 势银（TrendBank） 将联合 上海电气储能科技有限公司 于 7月14 日-15日 在银川兴庆区 银川立达深杭国际酒店 （地址：银川市兴庆区清和南街1471号）举办 【2025势银（银川）长时储能产业大会】 ，本次大会面向 全行业开放 免费参会 。 会上，势银（TrendBank）还将联合 杭州储能行业协会 免费发布 《2025势银长时储能产业发展蓝皮书》 。 扫码报名会议 大会特设 3大圆桌对话 环节，汇聚 业内权威学术机构、产业集团、上下游、新兴企业 ，对 长时储能产业各个环节的发展方向与战略布局 展开深 入的交流和讨论 ，以期为中国长时储能产业的快速发展提供有益的思路和建议。 完整议程 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 重要会议： 2025势银（银川）长时储能产业大会（7月14日-15日，宁夏·银川） 点此报名 | 时间 | 日程 | | --- | ...

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银咨询： 势银咨询顾问服务 重要会议： 2025势银（银川）长时储能产业大会（7月14日-15日，宁夏·银川） 点此报名 添加文末微信，加 长时储能 群 在 银川市兴庆区人民政府、银川市科学技术协会、苏银产业园管理委员会 指导下， 势银（TrendBank） 将联合 上海电气储能科技有限公司 于 7月14 日-15日 在银川兴庆区 银川立达深杭国际酒店 （地址：银川市兴庆区清和南街1471号）举办 【2025势银（银川）长时储能产业大会】 ，本次大会面向 全行业开放 免费参会 。 会上，势银（TrendBank）还将联合 杭州储能行业协会 免费发布 《2025势银长时储能产业发展蓝皮书》 。 会议日程 | 时间 | 日程 | | --- | --- | | 7月14日上午 | 参观苏银产业园 | | 7月14日下午 | 开幕式 | | 7月15日上午 | 压缩空气/熔盐/氢储能专场 | | 7月15日下午 | 液流电池专场 | | 7月15日晚上 | 闭幕式晚宴&【长时储能产业奖项】发布 | 最新议程 | 2025势银（银川 ...

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Group 1 - The company anticipates a net profit attributable to the parent company of approximately 128.20 million to 142.90 million yuan for the first half of 2025, representing an increase of 50% to 70% compared to the same period last year [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 127.97 million and 146.25 million yuan, which is an increase of 36.56 million yuan compared to the previous year [1] - The previous year's net profit attributable to the parent company was 85.47 million yuan, with a total profit of 94.50 million yuan [2] Group 2 - The company focuses on the development of core businesses in general power machinery, high-pressure cleaning machines, and energy storage products, enhancing product quality and service levels through increased R&D efforts [2] - The company aims to implement a three-pronged strategy of "technological autonomy, global branding, and localized operations" to promote global expansion and build a complete ecosystem from product strength to brand value [2] - The company has seen a significant increase in orders on hand, leading to steady growth in revenue and operating profit [2]

投资者关系活动记录表 | | 公司既有从泰国当地采购部分原材料，也有一部分材料需 | | --- | --- | | | 从中国进口。 | | | 6、近期控股股东进行询价转让是出于什么考虑？ | | | 答：主要是想要为公司引入有实力的机构投资者，增加 | | | 公司股份的市场流动性，为公司的长远发展注入新的活 | | | 力。 | | 关于本次活动是否涉及 | | | 应 | 本次活动不涉及未公开披露的重大信息。 | | 披露重大信息的说明 | | | 附件清单（如有） | 无 | | 日期 | 2025年07月10日 | 编号：2025-005 证券代码：300916 证券简称：朗特智能 | 投资者关系活动类别 | 特定对象调研□分析师会议□媒体采访 | | --- | --- | | | □业绩说明会□新闻发布会□路演活动 | | | □现场参观□其他 | | | 民生证券股份有限公司-周晓萌天风证券-敖颖晨 上海证券-仇百良格隆汇-庞明明 | | | 易知投资-宋辰超东兴证券-李文祺 | | | 宁波银行投资银行部-刘博仁招商通信-王懿聪 | | | 柳州产业引导基金-朱子毅中信建投-汪洁 | ...

Investment Rating - The report upgrades the investment rating to "Strong Buy" [3][28]. Core Views - The company has been deeply involved in the distributed solar storage industry for many years and is increasing investments in new products and markets following its 2024 IPO. The residential storage business is recovering after a downturn in the second half of 2023, and the commercial storage business is expected to drive new growth due to the promotion of dynamic electricity pricing in Europe [1][7]. - The company is expected to benefit significantly from Australia's "Cheaper Home Batteries" subsidy program, which has a total scale of AUD 2.3 billion, aimed at reducing upfront costs for residential storage systems [15][7]. - The company has made substantial investments in research and development, with a significant increase in sales personnel and total salary expenses, indicating a strong commitment to expanding its product matrix and market reach [7][8]. Financial Data and Valuation - Total revenue is projected to recover from CNY 3,073 million in 2024 to CNY 4,613 million in 2025, with a year-on-year growth of 50% [2][28]. - The net profit attributable to the parent company is expected to increase from CNY 204 million in 2024 to CNY 411 million in 2025, reflecting a growth rate of 102% [2][28]. - The company’s price-to-earnings (PE) ratio is projected to decrease from 51.0 in 2024 to 25.3 in 2025, indicating improved valuation as earnings recover [2][28]. Business Performance - The residential storage business is gradually recovering, with European inventory levels returning to normal and emerging markets showing increasing demand [15][7]. - The commercial storage business is expected to see significant growth, particularly in Europe, where the company has established a strong position and is poised to benefit from the introduction of dynamic pricing in Germany starting in 2025 [19][7]. - The company’s sales regions have expanded to over 110 countries, with non-European revenue increasing by over 60% in 2024, indicating successful market diversification [7][8]. Profitability Forecast - The company is expected to achieve revenues of CNY 61.32 billion and CNY 70.67 billion in 2026 and 2027, respectively, with a gross margin of approximately 34% [28][39]. - The net profit forecast for 2026 and 2027 is CNY 6.91 billion and CNY 9.22 billion, respectively, indicating a healthy growth trajectory [28][39].

北交所信息更新 方盛股份（832662.BJ） 储能、氢能领域产品为未来增长开辟新路径 ——北交所信息更新 2025 年 07 月 08 日 投资评级：增持（维持） | 日期 | 2025/7/7 | | --- | --- | | 当前股价(元) | 24.46 | | 一年最高最低(元) | 36.24/8.18 | | 总市值(亿元) | 21.41 | | 流通市值(亿元) | 6.01 | | 总股本(亿股) | 0.88 | | 流通股本(亿股) | 0.25 | | 近 3 个月换手率(%) | 754.02 | 北交所研究团队 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 2025Q1：营收 7446 万元，同比+21%；扣非归母净利润 5972 万元，同比+3% 2024 年公司实现营收 3.47 亿元，同比增长 1.10%；归母净利润 2980.88 万元，同 比下滑 52.39%；2025Q1 公司实现营收 7445.81 万元，同比增长 21.02%，归母净 利润 701.47 万元，同比下滑 16.03%，扣非归母净利润 597.21 ...

Core Viewpoint - Hezhong Electric has experienced a decline in stock price over six consecutive trading days, with a cumulative drop of -5.81% [1] Company Overview - Shenzhen Hezhong Electric Co., Ltd. (stock code: 603063) focuses on the research, production, sales, and service of new energy and electrical transmission products, including wind power generation products, photovoltaic products, energy storage products, hydrogen power products, power quality products, and electrical transmission products [1] - The company possesses complete independent development capabilities and testing platforms for large power electronic devices and monitoring systems [1] Fund Involvement - Two funds under Guotai Fund have entered the top ten shareholders of Hezhong Electric, both of which are new entries in the first quarter of this year. The funds are Guotai Valuation Advantage Mixed (LOF) A and Guotai Ju Xin Value Advantage Mixed A [1] - Guotai Valuation Advantage Mixed (LOF) A has a year-to-date return of 22.39%, ranking 334 out of 4529 in its category, while Guotai Ju Xin Value Advantage Mixed A has a year-to-date return of 11.06%, ranking 398 out of 2301 [1] Fund Manager Profiles - Wang Zhaoxiang, the fund manager for Guotai Valuation Advantage Mixed (LOF) A, has been with Guotai Fund since August 2014 and has held various positions including researcher and assistant fund manager. He has been the fund manager since June 21, 2022 [3][4] - Cheng Zhou, the fund manager for Guotai Ju Xin Value Advantage Mixed A, has extensive experience in the industry, having joined Guotai Fund in April 2004 and held multiple managerial roles in various funds [4] Company Background - Guotai Fund Management Co., Ltd. was established in March 1998, with its chairman being Zhou Xiangyong and general manager being Li Sheng. The company has three shareholders: China Jianyin Investment Co., Ltd. (60%), Assicurazioni Generali S.p.A. (30%), and State Grid Yingda International Holdings Group Co., Ltd. (10%) [5]

Investment Rating - The industry investment rating is "Positive" [2] Core Viewpoints - The recent trade agreement between the US and Vietnam, which imposes a 20% tariff on Vietnamese goods and a 40% tariff on goods transshipped through Vietnam, is expected to improve export chain sentiment [12][6] - The manufacturing PMI in China showed a slight recovery in June 2025, indicating improved new orders and production indices, which may contribute to a positive outlook for the industry [12][24] Company Summaries 1) Jiao Cheng Ultrasonic - The company focuses on ultrasonic equipment and solutions, achieving a revenue of 148 million yuan in Q1 2025, a year-on-year increase of 22.35%. The net profit attributable to shareholders reached 23.63 million yuan, up 2152.47% [3][13] - The business recovery in the new energy sector, particularly in lithium battery expansion, is expected to bring performance elasticity [13] 2) Zhenghe Industrial - Engaged in the research, manufacturing, and sales of various chain transmission systems, the company reported a revenue of 395 million yuan in Q1 2025, a 6.32% year-on-year increase, with a net profit of 53.84 million yuan, up 100.09% [4][14] - The company is developing a micro-chain system project, focusing on robotic dexterous hand transmission technology, which may benefit from the mass production of humanoid robots [14] 3) Lvtian Machinery - The main products include general power machinery and high-pressure cleaning machines, with energy storage products entering mass production. Revenue growth rates for Q3 2024, Q4 2024, and Q1 2025 are projected at 47.9%, 72.5%, and 50.1%, respectively [5][15] - The company is expected to experience a performance turning point, indicating a positive outlook for valuation recovery [15] Industry Overview - The mechanical index (CITIC) increased by 0.41% last week, while the overall market indices also showed positive growth [16][19] - The manufacturing sector's fixed asset investment in China grew by 8.5% year-on-year from January to May 2025, indicating a recovery trend [24]

严浩：光伏板具有遮阴效果，板下可以实现发展畜牧业，项目建成以后，对周边的农田生产，农业 园区发展，作物生长有明显作用。 央广网北京7月7日消息（记者周尧）据中央广播电视总台中国之声《新闻和报纸摘要》报道，近年 来，中央各单位和19个援疆省市完善工作机制，加大对口援疆，助力新疆经济社会高质量发展。 塔克拉玛干沙漠是我国面积最大的沙漠，就在这片"死亡之海"的一角，中广核开启了"光伏治沙"项 目。中广核新疆新能源投资有限公司产业发展部副经理严浩介绍，该项目采用自主开发的"沙膜"技术， 辅以生物治沙及"光伏治沙"技术，在南疆和田地区洛浦县，已经建设了万亩沙漠土壤化改造试验示范项 目，总覆盖面积1万亩。书写了"板上发电、板下种植"的绿色传奇。 产业援疆。哈密是河南省对口援疆城市，走进新疆哈密高新技术产业开发区北部新兴产业园，新疆 首条储能PACK智能生产线正在进行调试。新疆某数字技术有限公司行政部经理丁全林介绍，项目全面 投产后，可实现年产分布式储能产品1吉瓦时，集中式储能产品4吉瓦时。 山东东营援疆工作指挥部文化润疆组组长、喀什地区疏勒县塔孜洪乡党委副书记刘志胜：会继续加 强与疏勒县的合作交流，全力做好疏勒文旅资源开 ...