2月12日午后，双良节能借SpaceX概念涨停后，公司当晚收到上交所监管警示。 上交所查明，2月12日13时25分，双良节能在微信公众号发布题为《双良节能再获海外订单，助力商业航天太空探索》的市场快讯称，近日公司先后获得3 个海外订单，共计12台高效换热器设备，将用于Space X星舰发射基地扩建配套的燃料生产系统。这是继前期合作后，该产品再度应用于Space X星舰发射 基地，充分印证了海外客户对双良节能产品可靠性的高度信任。 文章发布后，双良节能股价于2月12日13时26分起至收盘均封涨停板，报收10.71元/股，成交额17.62亿元，至收盘仍有超21万手买单封住涨停板。 图片来源：Wind 经监管督促，双良节能于2月12日盘后披露说明公告表示，公司本次3项订单分别签订于2025年10月25日和2026年1月9日，合计总金额约1392.3万元，占公 司2024年度经审计的营业收入的比例约0.11%，对公司经营业绩无重大影响。商业航天不是公司产品主要的应用领域，公司未直接与SpaceX发生合作，公 司为项目非独家间接供应商。公司相关订单的获取受商业航天项目建设及扩产规划的影响较大，未来订单的获取存在一定的不 ...

2月12日午后，双良节能借SpaceX概念涨停后，公司当晚收到上交所监管警示。 上交所查明，2月12日13时25分，双良节能在微信公众号发布题为《双良节能再获海外订单，助力商业 航天太空探索》的市场快讯称，近日公司先后获得3个海外订单，共计12台高效换热器设备，将用于 Space X星舰发射基地扩建配套的燃料生产系统。这是继前期合作后，该产品再度应用于Space X星舰发 射基地，充分印证了海外客户对双良节能产品可靠性的高度信任。 文章发布后，双良节能股价于2月12日13时26分起至收盘均封涨停板，报收10.71元/股，成交额17.62亿 元，至收盘仍有超21万手买单封住涨停板。 经监管督促，双良节能于2月12日盘后披露说明公告表示，公司本次3项订单分别签订于2025年10月25日 和2026年1月9日，合计总金额约1392.3万元，占公司2024年度经审计的营业收入的比例约0.11%，对公 司经营业绩无重大影响。商业航天不是公司产品主要的应用领域，公司未直接与SpaceX发生合作，公 司为项目非独家间接供应商。公司相关订单的获取受商业航天项目建设及扩产规划的影响较大，未来订 单的获取存在一定的不确定性。 上 ...

上交所决定，对双良节能系统股份有限公司及时任董事会秘书杨力康予以监管警示。 推荐阅读 拟重大资产重组！明起停牌 千亿级并购，最新进展 时隔三年，主动权益爆款基金回来了！多只"日光基"再现 2月12日午后，双良节能借SpaceX概念涨停后，公司当晚收到上交所监管警示。 上交所查明，2月12日13时25分，双良节能在微信公众号发布题为《双良节能再获海外订单，助力商业航天太空探索》的市场快讯称，近日公司先后获得3 个海外订单，共计12台高效换热器设备，将用于Space X星舰发射基地扩建配套的燃料生产系统。这是继前期合作后，该产品再度应用于Space X星舰发射 基地，充分印证了海外客户对双良节能产品可靠性的高度信任。 文章发布后，双良节能股价于2月12日13时26分起至收盘均封涨停板，报收10.71元/股，成交额17.62亿元，至收盘仍有超21万手买单封住涨停板。 经监管督促，双良节能于2月12日盘后披露说明公告表示，公司本次3项订单分别签订于2025年10月25日和2026年1月9日，合计总金额约1392.3万元，占公 司2024年度经审计的营业收入的比例约0.11%，对公司经营业绩无重大影响。商业航天不是公司 ...

Group 1 - The Ministry of Commerce announced that starting from February 13, 2026, it will impose countervailing duties on imported dairy products originating from the EU to maintain fair competition in the domestic dairy market [2][17] - The People's Bank of China will conduct a 1 trillion yuan reverse repurchase operation on February 13, 2026, to ensure liquidity stability ahead of the Spring Festival [3][18] - The stock price of domestic large model company Zhipu has doubled in four days, with a market value exceeding 179 billion HKD, driven by the release of its flagship model GLM-5 and strong demand [4][20] Group 2 - The company Yuhua Development is accepting 177 residential units as debt repayment to recover 241 million yuan in group purchase tail payments, with a planned public sale price of 251 million yuan [5][21] - In the US stock market, popular Chinese concept stocks experienced a collective decline, while storage concept stocks like Seagate Technology saw significant gains [6][22] - Nuveen, a US asset management giant, announced the acquisition of UK-based Schroders for approximately 13.5 billion USD, which will create a combined asset management scale of nearly 2.5 trillion USD [24] Group 3 - On February 12, A-shares saw a collective rise, with market turnover exceeding 2.16 trillion yuan, driven by strong interest from institutions and northbound funds in sectors like liquid cooling servers and CPO [8][25] - Several companies with significant recent stock price increases issued risk warnings, clarifying that their main businesses had not undergone major changes [9][26] - The stock prices of companies in the computing power hardware sector have surged over 100%, driven by macro policies supporting "AI+" and increased demand for computing power [10][27] Group 4 - High-end electronic fabric prices have been rising sharply due to increased demand from AI chip production, with leading companies raising prices by over 10% [11][28] - Xiamen Tungsten Industry plans to acquire a 39% stake in Jiujiang Dadi to enhance its tungsten resource reserves and reduce supply chain risks [15][34] - The investment landscape for global power grids is improving, with Chinese power equipment companies accelerating their overseas expansion due to aging infrastructure in developed countries [31]

Core Viewpoint - The Shanghai Stock Exchange issued a regulatory warning to Shuangliang Energy (600481) due to inaccurate and incomplete information regarding its "commercial aerospace" related announcements, which lacked sufficient risk disclosures [2][4]. Group 1: Company Announcement and Market Reaction - On February 12, 2026, Shuangliang Energy announced via its WeChat public account that it had secured three overseas orders for a total of 12 high-efficiency heat exchangers, intended for use in the SpaceX Starship launch base expansion [3]. - Following the announcement, the company's stock price hit the daily limit up from 13:26 until market close on the same day [3]. - The total value of the three orders is approximately 13.92 million yuan, accounting for about 0.11% of the company's audited revenue for the fiscal year 2024, indicating no significant impact on the company's financial performance [3]. Group 2: Clarification and Regulatory Response - After regulatory prompting, the company clarified that it is not a direct partner with SpaceX but an indirect supplier for an international industrial gas company's fuel project related to commercial aerospace [3]. - The Shanghai Stock Exchange emphasized that the company should provide accurate, objective, and comprehensive information, especially regarding high-interest topics like "commercial aerospace," to avoid misleading investors [4]. - The company failed to disclose the supply method, sales scale, and the minimal impact of the orders on overall operations, which led to regulatory scrutiny [4]. Group 3: Regulatory Actions and Compliance Measures - The Shanghai Stock Exchange found that the company's actions violated several provisions of the Shanghai Stock Exchange Listing Rules and self-regulatory guidelines [4]. - The former board secretary, Yang Likang, was held responsible for the company's information disclosure failures and was issued a regulatory warning [5]. - The company is required to implement effective measures to rectify the identified violations and submit a compliance report within one month, signed by all directors and senior management [5].

Core Viewpoint - The company has secured three overseas orders for high-efficiency heat exchangers, totaling approximately €1.7 million, to be used in the expansion of SpaceX's fuel production system, indicating strong trust from international clients in the company's products [2][3]. Group 1: Order Details - The three orders were signed on October 25, 2025, and January 9, 2026, with a total value of approximately €1.7 million, equivalent to about ¥13.92 million at an exchange rate of 1 Euro ≈ 8.19 RMB [2]. - The total order amount represents approximately 0.11% of the company's audited revenue for the fiscal year 2024, indicating that it will not have a significant impact on the company's operating performance [2]. Group 2: Business Context - The company's main products include energy-saving and water-saving products, new energy equipment, and photovoltaic products, primarily serving sectors such as renewable energy generation, steel, coal chemical, and thermal power [3]. - The commercial aerospace sector is not a primary application area for the company's products; the recent orders represent indirect participation in commercial aerospace projects through the supply of heat exchangers to international industrial gas companies [3]. Group 3: Risks and Uncertainties - The acquisition of related orders is significantly influenced by the construction and expansion plans of commercial aerospace projects, leading to a degree of uncertainty in future order acquisition [3]. - International political, economic, and diplomatic relations may affect the progress of international cooperation projects, with potential trade frictions and geopolitical conflicts posing risks of project suspension or termination [3].

Core Viewpoint - The stock of Shuangliang Energy surged after announcing it received orders related to SpaceX, but the company later clarified that these orders represent a minimal revenue impact, leading to regulatory warnings from the Shanghai Stock Exchange [1][4][10]. Group 1: Company Announcement and Market Reaction - Shuangliang Energy announced it secured three overseas orders for the SpaceX Starship launch base, which significantly boosted its stock price, reaching a closing price of 10.71 yuan and a total market value of 20.068 billion yuan, with a year-to-date increase of over 46% [1][3]. - The company stated that the orders were a continuation of previous cooperation, reflecting high trust from overseas clients in its products [3]. Group 2: Revenue Impact and Clarification - The total value of the three orders is approximately 13.923 million yuan, accounting for only 0.11% of the company's audited revenue for 2024, indicating no significant impact on operational performance [4][10]. - Shuangliang Energy clarified that it is not a direct partner with SpaceX but an indirect supplier for a project related to international industrial gas companies [7]. Group 3: Regulatory Response - The Shanghai Stock Exchange issued a regulatory warning to Shuangliang Energy and its then-secretary of the board, Yang Likang, for failing to provide accurate and complete information regarding the orders, which could mislead investors [8][12]. - The exchange emphasized the need for companies to disclose information about "commercial space" orders carefully, considering the high market interest in this sector [9][10]. Group 4: Financial Performance Outlook - The company is expected to report a net loss of between 780 million yuan and 1.06 billion yuan for the year, following a loss of 2.134 billion yuan in 2024, marking the second consecutive year of significant losses [13][14][15].

【DT新材料】 获悉，2月月12日， 双 良 节 能 在微信公众号发布了一篇名为《 双 良 节 能 再获海外订单，助力商业航天太空探索》的市场快讯。 具体内容为： 近日， 双 良 节 能 先后获得3个海外订单，共计12台高效换热器设备，将用于Space X星舰发射基地扩建配套的燃料生产系统。这是继前期合作后， 该产品再度应用于Space X星舰发射基地，充分印证了海外客户对 双 良 节 能 产品可靠性的高度信任。 据了解，Space X正加速推进星舰发射能力建设，计划在佛罗里达州卡纳维拉尔角新建三座发射台，分别毗邻NASA肯尼迪航天中心LC-39A发射场及卡纳维拉尔 角太空军基地LC-37发射场。随着星舰发射频次持续提升，相关装备供应链迎来指数级增长机遇。 /扫码加入行业交流群/ 化工新材料、复合材料、钙钛矿、机器人、无人机、eVTOL、商业航天.....等产业同行❤️↓ FINE 2026 X 进电池与能源材料展 消息一出， 下午开盘后，双良节能快速拉至涨停，总市值201亿元。 不过对此， 上交所火速发布关于对双良节能系统股份有限公司及有关责任人予以监管警示的决定 ，其中指出，当前，"商业航天"属于市场较为 ...

Core Viewpoint - Recently, Shuangliang Group announced that Shuangliang Energy has secured three overseas orders for a total of 12 high-efficiency heat exchangers, intended for the fuel production system of the SpaceX Starship launch base expansion. However, the company later clarified that these orders will not have a significant impact on its operating performance [1][2]. Group 1: Orders and Financial Impact - The total value of the three overseas orders is approximately €1.7 million, equivalent to about 13.92 million RMB, which represents only 0.11% of the company's audited revenue for 2024 [2]. - The heat exchangers supplied are part of the fuel production system for the SpaceX Starship launch base, indicating the company's involvement in commercial aerospace projects, albeit indirectly [2][3]. Group 2: Market Context and Company Strategy - SpaceX is accelerating its Starship launch capabilities, planning to build three new launch pads in Florida, which could lead to exponential growth opportunities for the related supply chain [2]. - Shuangliang Energy has been focusing on international market development, particularly in Europe, the Middle East, and Southeast Asia, and has successfully secured contracts for projects in India and Kazakhstan [5]. - The company aims to enhance its international presence and product differentiation, particularly in the hydrogen energy sector and green electricity hydrogen production systems [5]. Group 3: Regulatory Response - Following the announcement of the orders, the Shanghai Stock Exchange issued a regulatory warning to Shuangliang Energy and its Secretary of the Board for not providing sufficient details about the orders and their impact on the company, which could mislead investors [6]. - The exchange emphasized the need for accurate and complete information disclosure, especially regarding high-interest topics like commercial aerospace [6].

Core Viewpoint - The Shanghai Stock Exchange issued a regulatory warning to Shuangliang Energy due to misleading information regarding overseas orders related to commercial aerospace, which could mislead investors [3]. Group 1: Company Orders and Financial Impact - Shuangliang Energy announced three overseas orders for a total of 12 high-efficiency heat exchangers, intended for use in the fuel production system at SpaceX's Starship launch base, highlighting the trust in its products [1]. - The total value of these orders is approximately RMB 13.92 million, accounting for about 0.11% of the company's audited revenue for 2024, indicating no significant impact on the company's financial performance [2]. - The company clarified that it is not a direct partner with SpaceX and is merely a non-exclusive indirect supplier, with future order acquisition being subject to uncertainties in the commercial aerospace sector [2]. Group 2: Regulatory Response and Company Performance - The Shanghai Stock Exchange criticized the company for not providing sufficient details about the orders, including supply methods and the limited impact on overall operations, which could mislead investors [3]. - Following regulatory pressure, the company disclosed its expected net loss for 2025 to be between RMB 780 million and RMB 1.06 billion, marking the second consecutive year of significant losses, although the loss margin has narrowed compared to the previous year [4].