（记者 王瀚黎） 英威腾（002334.SZ）11月28日在投资者互动平台表示，公司预制式电力模块产品的核心部件如UPS等 均为自主研发、生产，具备自主知识产权。 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司的预制式电力模块产品，它的变压器、进 线/母联柜、SVG柜、UPS输出柜、维修旁路、馈线柜等组合产品，是否均为贵公司自主研发、生产， 并拥有全部知识产权？ ...

格隆汇11月28日丨英威腾(002334.SZ)在投资者互动平台表示，公司预制式电力模块产品核心部件如UPS 等均自主研发生产，具备自主知识产权。 ...

The Delhi high court has granted interim injunction in favour of US-based Tesla Inc by directing Indian company Tesla Power India not to use trademarks ‘Tesla Power' or ‘Tesla Power USA' in any form, including manufacturing of electric vehicles.Photograph: Kind courtesy, Makara Heng/PexelsThe court passed the interim order while noting that a statement has been made on behalf of defendants -– the Indian company -- that they have no intention to manufacture electric vehicles (EVs) at all and will not market ...

截至11月10日，科士达股东户数4.60万，较上期增加0.00%；人均流通股12285股，较上期增加0.00%。 2025年1月-9月，科士达实现营业收入36.09亿元，同比增长23.93%；归母净利润4.46亿元，同比增长 24.93%。 分红方面，科士达A股上市后累计派现15.44亿元。近三年，累计派现6.02亿元。 今年以来科士达已经3次登上龙虎榜，最近一次登上龙虎榜为11月7日。 资料显示，深圳科士达科技股份有限公司位于广东省深圳市南山区高新北区科技中二路软件园1栋4楼 401,402室，成立日期1993年3月17日，上市日期2010年12月7日，公司主营业务涉及UPS以及配套的阀 控式密封铅酸蓄电池的研发、生产、销售和配套服务。主营业务收入构成为：智慧电源、数据中心 60.04%，光储充产品及系统37.16%，配套产品1.40%，其他(补充)0.96%，新能源能源收入0.44%。 科士达所属申万行业为：电力设备-其他电源设备Ⅱ-其他电源设备Ⅲ。所属概念板块包括：逆变器、太 阳能、光伏玻璃、锂电池、社保重仓等。 11月24日，科士达盘中下跌2.02%，截至10:09，报41.71元/股，成交1.42亿 ...

格隆汇11月20日｜科士达投资者关系活动记录表披露，从公司产能布局来看，能够满足现阶段公司的生 产订单需求，且公司拥有自有工业园储备，如未来市场需求持续增长，公司亦会扩大产能安排，具体还 是要根据订单情况、行业需求等因素来制定计划。关于公司HVDC电源在北美目前有无实质性销售的问 题，公司回应称，目前市场需求还是UPS，公司会尽快推出800VHVDC。 ...

| | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | 类别 | □现场参观 | | 其他 | （投资者网上说明会） | | 参与单位名称及 | | | 人员姓名 | 社会公众投资者 | | 时间 2025 | 年 11 月 20 日 15:40-17:00 | | 地点 | 全景网—2025 年投资者网上集体接待日（https://ir.p5w.net） | | 上市公司接待人 | 董事长、总经理 刘程宇先生 | | | 副总经理、董事会秘书 范涛先生 | | 员姓名 | 财务负责人 轩芳玉女士 | | | 1. 请问贵司，对未来储能的增长如何看待，贵司是否有扩大 | | | 产能的计划? | | | 答：你好，从公司产能布局来看，能够满足现阶段公司的生 | | | 产订单需求，且公司拥有自有工业园储备，如未来市场需求持续 | | | 增长，公司亦会扩大产能安排，具体还是要根据订单情况、行业 | | 投资者关系活动 | 需求等因素来制定计划。 | | 主要内容介绍 | | | | 2. 请介绍下咱 ...

Core Viewpoint - Kstar's stock price has seen significant fluctuations, with a year-to-date increase of 105.92% but a recent decline of 4.51% over the last five trading days [1] Group 1: Company Overview - Kstar Technology Co., Ltd. is based in Shenzhen, Guangdong, and was established on March 17, 1993, with its IPO on December 7, 2010 [1] - The company specializes in the research, production, sales, and service of UPS and valve-regulated sealed lead-acid batteries [1] - The revenue composition includes smart power and data centers at 60.04%, solar storage and charging products at 37.16%, supporting products at 1.40%, other (supplementary) at 0.96%, and new energy revenue at 0.44% [1] Group 2: Financial Performance - For the period from January to September 2025, Kstar achieved a revenue of 3.609 billion yuan, representing a year-on-year growth of 23.93%, and a net profit attributable to shareholders of 446 million yuan, up 24.93% [2] - Kstar has distributed a total of 1.544 billion yuan in dividends since its A-share listing, with 602 million yuan distributed over the past three years [3] Group 3: Shareholder and Market Activity - As of November 10, 2025, Kstar had 46,000 shareholders, with an average of 12,285 circulating shares per person [2] - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 2.45 million shares, and several new institutional investors have entered the top ten shareholders list [3]

英威腾（002334.SZ）11月19日在投资者互动平台表示，公司目前暂未被认定为链主企业。公司产品如 变频器、UPS、新能源汽车电控等在国内市场占有率位居前列，并与产业链上下游众多企业保持着紧密 合作，具备了较强的资源整合基础。公司重视产业链协同发展，未来将在提升产业链韧性和竞争力方面 发挥更重要的作用。 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司是链主企业吗？ （记者 王晓波） ...

格隆汇11月19日丨英威腾(002334.SZ)在投资者互动平台表示，公司目前暂未被认定为链主企业。公司 产品如变频器、UPS、新能源汽车电控等在国内市场占有率位居前列，并与产业链上下游众多企业保持 着紧密合作，具备了较强的资源整合基础。公司重视产业链协同发展，未来将在提升产业链韧性和竞争 力方面发挥更重要的作用。 ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **China Industrial Sector**, highlighting various indicators and trends in manufacturing, automation, and related industries. Core Insights and Arguments 1. **Manufacturing Fixed Asset Investment (FAI)**: - Manufacturing FAI remained negative for the fourth consecutive month, recording a decline of **-6.9% year-over-year (yoy)** in October, worsening from **-1.8% yoy** in September [3][53] - Chemical FAI was at **-7.9% yoy** (compared to **-5.6% yoy** in September) and steel FAI at **-2.0% yoy** (improved from **-3.3% yoy** in August) [3][28] 2. **Production Trends**: - Machine tool production increased by **+6% yoy** but declined **-13% month-over-month (mom)**, while industrial robot production rose by **+18% yoy** but fell **-24% mom** [3][43] - Key equipment exports showed mixed trends, with machine tools export value accelerating to **+31% yoy** [4] 3. **Order Growth in Automation Companies**: - Orders for automation companies moderated, with Inovance's IA orders growing **+13% yoy** (down from **+33% yoy** in September) [4][15] - Yiheda's orders slowed to about **+10% yoy** in October from **+20% yoy** in September [4][19] 4. **Positive Developments in AIDC Capex and Energy Storage Systems (ESS)**: - AIDC capital expenditure and ESS showed growth, with expectations of **40%-50% global ESS industry installation growth in 2026** despite uncertainties in the US market [8] 5. **Macro Indicators**: - China's manufacturing PMI decreased to **49.0** in October from **49.8** in September, indicating contraction [49] - Headline CPI inflation edged up to **+0.2% yoy** in October, while PPI inflation was **-2.1% yoy** [51] 6. **Capex Financing**: - Capex financing surged **+92% yoy** in October, recovering from a weak **+19% yoy** in September [66] 7. **Profitability Metrics**: - The profit before tax (PBT) margin for industrial enterprises with revenue over **Rmb20 million** was **5.4%** in Q3 2025, slightly down from **5.5%** in Q2 2025 [72] 8. **Electricity and Production Metrics**: - October electricity generation increased by **+9.5% yoy**, while cement production fell **-15.8% yoy** [82][84] - Steel production also declined by **-7.9% yoy** in October [88] Additional Important Insights - The report indicates a general slowdown in various sectors, particularly in manufacturing and automation, with some exceptions in specific areas like AIDC and ESS. - The mixed signals in export trends and order growth suggest a cautious outlook for the industrial sector moving forward. - The increase in capex financing may indicate a potential rebound in investment, but the overall economic environment remains challenging. This summary encapsulates the critical data and insights from the conference call, providing a comprehensive overview of the current state of the China industrial sector.