（记者 曾健辉） 截至发稿，科汇股份市值为18亿元。 每经头条（nbdtoutiao）——大鹏工业战略配售"肥"了自家人！认购价9元，上市首日涨到118元，实控 人和亲哥哥凭配售一天浮盈2492万元 每经AI快讯，科汇股份（SH 688681，收盘价：17.29元）11月24日晚间发布公告称，截至本公告披露 日，公司本次股份回购计划实施完毕。公司通过集中价交易方式实际回购公司股份61.7万股，占公司总 股本约1.05亿股的0.59%，回购成交的最高价为19.47元/股，最低价为13元/股，回购均价15.14元/股，支 付的资金总额为人民币约934万元。 2024年1至12月份，科汇股份的营业收入构成为：输配电及控制设备制造占比65.16%，电机制造占比 30.58%，其他业务占比4.26%。 ...

天眼查App显示，近日，沧州万程伟业电气设备有限公司成立，法定代表人为宋雨，注册资本50万人民 币，经营范围为一般项目：配电开关控制设备制造;配电开关控制设备销售;输配电及控制设备制造;输变 配电监测控制设备销售;五金产品制造;五金产品零售;机械电气设备制造;机械电气设备销售;机械零件、 零部件加工;金属结构制造;专用设备修理（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

天眼查App显示，近日，淮安陆翔电气有限公司成立，法定代表人为陈雪华，注册资本50万人民币，经 营范围为一般项目：输配电及控制设备制造；配电开关控制设备制造；变压器、整流器和电感器制造； 光伏设备及元器件制造；电池制造；电工机械专用设备制造；电工仪器仪表制造；电器辅件制造；安防 设备制造；制冷、空调设备制造；制冷、空调设备销售；电机及其控制系统研发；发电机及发电机组制 造；智能输配电及控制设备销售；新能源原动设备销售；电子元器件与机电组件设备销售；机械电气设 备销售；工业自动控制系统装置销售；电工仪器仪表销售；装卸搬运；销售代理（除依法须经批准的项 目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，保定研玮电气设备有限公司成立，法定代表人为史通通，注册资本3万人民 币，经营范围为一般项目：变压器、整流器和电感器制造;光伏设备及元器件制造;输配电及控制设备制 造;配电开关控制设备制造;输变配电监测控制设备制造;机械电气设备制造;普通机械设备安装服务;电气 设备修理;机械电气设备销售;输变配电监测控制设备销售;配电开关控制设备销售;电工仪器仪表销售;五 金产品零售;电力电子元器件销售;电子产品销售;电器辅件销售;劳务服务（不含劳务派遣）（除依法须 经批准的项目外，凭营业执照依法自主开展经营活动）许可项目：电气安装服务（依法须经批准的项 目，经相关部门批准后方可开展经营活动，具体经营项目以批准文件或许可证件为准）。 ...

Group 1 - The core point of the article is that Sanbian Technology (SZ 002112) held its 23rd meeting of the 7th Board of Directors on November 18, 2025, to discuss the proposal for the 4th extraordinary shareholders' meeting of 2025 [1] - For the first half of 2025, Sanbian Technology's revenue composition was 97.4% from power distribution and control equipment, while other businesses accounted for 2.6% [1] - As of the time of reporting, Sanbian Technology's market capitalization was 4.2 billion yuan [1]

天眼查App显示，近日，南京八骏智行科技有限公司成立，法定代表人为鲁永国，注册资本10万人民 币，经营范围为许可项目：第二类增值电信业务（依法须经批准的项目，经相关部门批准后方可开展经 营活动，具体经营项目以审批结果为准）一般项目：输配电及控制设备制造；电子产品销售；集中式快 速充电站；电池制造；充电桩销售；电池销售；蓄电池租赁；人工智能硬件销售；软件销售；技术服 务、技术开发、技术咨询、技术交流、技术转让、技术推广；物联网技术服务；信息系统集成服务；人 工智能行业应用系统集成服务；广告设计、代理；计算机软硬件及辅助设备批发；软件开发；电动自行 车销售；电子元器件批发；共享自行车服务；互联网销售（除销售需要许可的商品）；人工智能公共数 据平台；人工智能公共服务平台技术咨询服务；人工智能基础资源与技术平台；物联网技术研发；互联 网数据服务；人工智能基础软件开发；物联网设备制造；物联网设备销售；技术进出口；货物进出口； 充电控制设备租赁；电动汽车充电基础设施运营（除依法须经批准的项目外，凭营业执照依法自主开展 经营活动）。 ...

Core Viewpoint - Jinpan Technology's stock has shown significant volatility, with a year-to-date increase of 97.71%, but a recent decline of 12.24% over the past five trading days, indicating potential market fluctuations and investor sentiment changes [1]. Group 1: Company Overview - Jinpan Technology, established on June 3, 1997, and listed on March 9, 2021, is based in Haikou, Hainan Province. The company specializes in the research, production, and sales of power distribution and control equipment, primarily serving the renewable energy, high-end equipment, and energy-saving sectors [2]. - The company's revenue composition includes: 87.05% from power distribution equipment, 9.59% from energy storage series, 1.90% from photovoltaic power station business, 0.73% from installation engineering, and 0.54% from other services [2]. Group 2: Financial Performance - For the period from January to September 2025, Jinpan Technology achieved a revenue of 5.194 billion yuan, reflecting a year-on-year growth of 8.25%. The net profit attributable to shareholders was 486 million yuan, marking a 20.27% increase compared to the previous year [2]. - Since its A-share listing, Jinpan Technology has distributed a total of 713 million yuan in dividends, with 543 million yuan distributed over the past three years [3]. Group 3: Shareholder and Market Activity - As of September 30, 2025, the number of shareholders for Jinpan Technology was 14,900, a decrease of 19.18% from the previous period. The average number of circulating shares per shareholder increased by 23.87% to 30,893 shares [2]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on November 5, where it recorded a net purchase of 79.9125 million yuan [1].

Core Viewpoint - Jinpan Technology's stock has shown significant volatility, with a year-to-date increase of 98.37%, but a recent decline of 8.35% over the past five trading days, indicating potential market fluctuations and investor sentiment shifts [1][2]. Company Overview - Jinpan Technology, established on June 3, 1997, and listed on March 9, 2021, is based in Haikou, Hainan Province. The company specializes in the research, production, and sales of power distribution and control equipment, primarily serving the renewable energy, high-end equipment, and energy-saving sectors [2]. - The company's revenue composition includes: 87.05% from power distribution equipment, 9.59% from energy storage series, 1.90% from photovoltaic power station business, 0.73% from installation engineering, and 0.54% from other services [2]. Financial Performance - For the period from January to September 2025, Jinpan Technology reported a revenue of 5.194 billion yuan, reflecting a year-on-year growth of 8.25%. The net profit attributable to shareholders was 486 million yuan, marking a 20.27% increase compared to the previous year [2]. - Since its A-share listing, Jinpan Technology has distributed a total of 713 million yuan in dividends, with 543 million yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Jinpan Technology was 14,900, a decrease of 19.18% from the previous period. The average number of circulating shares per shareholder increased by 23.87% to 30,893 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 11.6391 million shares, while new shareholder Qianhai Kaiyuan Public Utilities Stock holds 8.1840 million shares [3].

Core Insights - Hebei Xingshuo Electric Power Equipment Co., Ltd. has been established with a registered capital of 5.18 million RMB [1] - The company is engaged in the manufacturing of transformers, rectifiers, and inductors, as well as the sale of electrical and mechanical equipment [1] Company Overview - The legal representative of the company is Liu Xue Na [1] - The business scope includes various manufacturing and sales activities related to power distribution and control equipment, electrical machinery, and hardware products [1] Industry Focus - The company operates in the electric power equipment sector, which includes the production and sale of smart power distribution and control devices [1] - The range of products also covers installation services for general mechanical equipment and sales of electronic materials and magnetic materials [1]

Group 1 - The core point of the news is that Jinpan Technology's stock price has dropped by 5.2%, currently trading at 86.28 CNY per share, with a total market capitalization of 39.67 billion CNY [1] - Jinpan Technology, established on June 3, 1997, and listed on March 9, 2021, primarily engages in the research, production, and sales of power distribution and control equipment for sectors such as renewable energy, high-end equipment, and energy conservation [1] - The company's revenue composition includes: 87.05% from power distribution equipment, 9.59% from energy storage series, 1.90% from photovoltaic power station business, 0.73% from installation engineering, 0.54% from other (supplementary), and 0.19% from digital overall solutions [1] Group 2 - Among the top ten circulating shareholders of Jinpan Technology, a fund under Southern Fund has increased its holdings in the Southern CSI 500 ETF (510500) by 44,100 shares in the third quarter, now holding 4.061 million shares, which accounts for 0.88% of the circulating shares [2] - The Southern CSI 500 ETF (510500) was established on February 6, 2013, with a latest scale of 140.098 billion CNY, achieving a year-to-date return of 30.19% and a one-year return of 19.77% [2] - The fund manager of Southern CSI 500 ETF is Luo Wenjie, who has a tenure of 12 years and 207 days, with the fund's total asset scale at 170.445 billion CNY [3]