证券代码：601179 证券简称：中国西电 公告编号：2025-056 中国西电电气股份有限公司 产品中标公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 12 月 30 日，国家电网有限公司电子商务平台 （http://ecp.sgcc.com.cn）发布了"国家电网有限公司 2025 年 第八十五批采购（输变电项目第六次变电设备（含电缆）招标采 购）中标公告"。中国西电电气股份有限公司（以下简称公司） 下属 14 家子公司为相关中标人，现将有关情况公告如下： 一、中标情况 根据上述中标公告，公司下属西安西电变压器有限责任公司、 常州西电变压器有限责任公司、西电济南变压器股份有限公司、 成都西电中特电气有限责任公司、济南西电特种变压器有限公司、 西安西电开关电气有限公司、西安西电高压开关有限责任公司、 广州西电高压电气制造有限公司、上海西电高压开关有限公司、 无锡恒驰中兴开关有限公司、阿尔斯通隔离开关（无锡）有限公 司、江苏南瑞恒驰电气装备有限公司、西安西电电力电容器有限 责任公司、西安西电避雷器有限责任公 ...

证券代码：601179 证券简称：中国西电 公告编号：2025-057 中国西电电气股份有限公司 关于年审会计师事务所变更质量控制复核人的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国西电电气股份有限公司（以下简称公司）于 2025 年 10 月21 日召开第五届董事会第四次会议、2025 年11 月 7 日召开 2025 年第一次临时股东大会，审议通过了《关于选聘 2025 年度财务报 告及内部控制审计会计师事务所的议案》，同意选聘立信会计师 事务所（特殊普通合伙）（以下简称立信）为公司 2025 年度财务 报告及内部控制审计机构，具体内容详见公司分别于 2025 年 10 月 22 日 、 2025 年 11 月 8 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《中国西电关于续聘会计师事务所的 公告》（公告编号：2025-046）、《中国西电 2025 年第一次临时 股东大会决议公告》（公告编号：2025-048）。 2025 年 12 月 30 日，公司收到立信出具的《 ...

Group 1 - China XD Electric Co., Ltd. experienced a stock price decline of 1.09%, trading at 9.11 yuan per share, with a total transaction volume of 526 million yuan and a turnover rate of 1.12%, resulting in a total market capitalization of 46.697 billion yuan [1] - The company's stock has fallen for four consecutive days, with a cumulative decline of 5.05% during this period [1] - The company, established on April 30, 2008, and listed on January 28, 2010, specializes in the research, design, manufacturing, sales, testing, and engineering contracting of power transmission and distribution equipment [1] Group 2 - The main revenue components of China XD Electric include transformers (43.67%), switches (37.56%), headquarters and trading business (8.26%), power engineering and electronics (3.53%), research and testing (3.28%), capacitors (2.58%), insulators and lightning arresters (0.97%), and secondary equipment (0.14%) [1] - Among the top ten circulating shareholders, a fund under Southern Fund holds shares in China XD Electric, having reduced its holdings by 627,900 shares to 29.8122 million shares, representing 0.58% of the circulating shares [2] - The Southern CSI 500 ETF (510500) has incurred a floating loss of approximately 2.9812 million yuan today and a total floating loss of 14.608 million yuan during the four-day decline [2]

Group 1: Market Demand and Growth - The demand for Solid State Transformers (SST) is increasing due to the rapid expansion of AI computing power, with the global AI market expected to grow from 1,187.9 billion yuan in 2023 to 11,455.4 billion yuan by 2030, achieving a compound annual growth rate (CAGR) of over 35% [1] - The global SST market is projected to grow at a CAGR of 25% to 35% over the next 5 to 10 years, according to predictions from Anshan China Big Data Center [1] Group 2: Technological Advantages - SSTs are set to upgrade traditional transformers, which are typically oil-immersed or dry-type and operate at 50Hz, due to the increased power demand and requirements for stability and safety brought by AI computing [2] - Traditional transformers are large, heavy, and have an efficiency of around 95%, while SSTs utilize power electronic devices and high-frequency technology, significantly reducing size and weight, and improving efficiency [2] - SSTs can achieve power conversion efficiencies exceeding 98%, support high power and dynamic loads, and simplify the power supply chain [3] Group 3: Company Developments - Domestic companies are accelerating their entry into the SST market, with China West Electric Co., Ltd. having developed SST capabilities and already supplying a 2.4MW SST to a data center [4] - Hainan Jinpan Intelligent Technology Co., Ltd. has completed the design and production of a prototype SST suitable for HVDC800V power supply architecture [4] - TBEA Co., Ltd. has provided products and solutions for multiple key data center projects and plans to continue strengthening market development and R&D investment in this area [4] Group 4: Broader Applications - The demand for SSTs is expected to be driven not only by data centers but also by sectors such as renewable energy integration, electric vehicle fast charging stations, and smart grids [5]

Core Viewpoint - China XD Electric experienced a stock price decline of 2.10% on December 29, with a current price of 9.31 CNY per share and a total market capitalization of 47.72 billion CNY [1] Financial Performance - For the period from January to September 2025, China XD Electric reported a revenue of 16.96 billion CNY, representing a year-on-year growth of 11.85%, and a net profit attributable to shareholders of 939 million CNY, which is a 19.29% increase year-on-year [2] - The company has cumulatively distributed 4.67 billion CNY in dividends since its A-share listing, with 1.24 billion CNY distributed over the last three years [3] Stock Market Activity - As of December 29, the stock has increased by 24.22% year-to-date, with a slight decline of 0.11% over the last five trading days, an increase of 11.23% over the last 20 days, and a significant rise of 41.06% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on December 12, where it recorded a net purchase of 69.54 million CNY [1] Shareholder Information - As of September 30, 2025, the number of shareholders for China XD Electric reached 178,900, an increase of 7.47% from the previous period, with an average of 28,658 circulating shares per shareholder, a decrease of 6.95% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 141 million shares, an increase of 27.81 million shares from the previous period [3]

Core Viewpoint - China Xidian's solid-state transformer technology is primarily utilized in distribution networks and data centers, with current revenue contribution being relatively low [1] Group 1 - China Xidian's subsidiary, Xi'an Xidian Power Electronics Co., Ltd., possesses research and development capabilities for solid-state transformers [1] - The company has received inquiries from investors regarding its solid-state transformer supply to other enterprises [1] - The revenue from the related business segment constitutes a small portion of the company's total revenue [1]

中国西电（601179.SH）12月26日在投资者互动平台表示，公司已为全球80余个国家和地区提供了产品 和服务，目前公司海外市场主要集中在东南亚、非洲、南美等区域，直接出口至北美市场的产品规模有 限，相关收入占公司全年营业收入比例较低。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司产品有出口到北美吗？有的话是什么产 品，占比多少？请领导解答下，谢谢！ ...

Group 1 - The core viewpoint of the news is that China Xidian's stock has experienced fluctuations, with a recent decline of 2.10% and a total market value of 47.876 billion yuan [1] - As of December 26, the stock price is reported at 9.34 yuan per share, with a trading volume of 9.57 billion yuan and a turnover rate of 1.99% [1] - Year-to-date, China Xidian's stock has increased by 24.62%, with a 2.19% rise in the last five trading days, a 12.12% increase over the last 20 days, and a 41.30% increase over the last 60 days [1] Group 2 - China Xidian Electric Co., Ltd. was established on April 30, 2008, and listed on January 28, 2010, specializing in the research, design, manufacturing, sales, testing, and engineering contracting of power transmission and distribution equipment [2] - The main business revenue composition includes transformers (43.67%), switches (37.56%), and other segments such as power engineering and electronics [2] - As of September 30, 2025, China Xidian reported a revenue of 16.959 billion yuan, a year-on-year increase of 11.85%, and a net profit attributable to shareholders of 939 million yuan, a year-on-year increase of 19.29% [2] Group 3 - Since its A-share listing, China Xidian has distributed a total of 4.67 billion yuan in dividends, with 1.235 billion yuan distributed in the last three years [3] - As of September 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 141 million shares, an increase of 27.808 million shares from the previous period [3] - The Southern CSI 500 ETF and other funds have also shown changes in their holdings, indicating active institutional interest [3]

Market Overview - The Shanghai Composite Index rose by 0.53% on December 24, with 26 out of 28 sectors experiencing gains, led by defense and electronics sectors, which increased by 2.88% and 2.12% respectively [1] - The power equipment sector saw a rise of 1.03% [1] - The agriculture, forestry, animal husbandry, and fishery sectors, along with coal, were the worst performers, declining by 0.85% and 0.70% respectively [1] Capital Flow Analysis - The net inflow of capital in the two markets was 10.37 billion yuan, with 17 sectors experiencing net inflows [1] - The electronics sector had the highest net inflow of 8.68 billion yuan, followed by the power equipment sector with a net inflow of 3.76 billion yuan [1] - Conversely, 14 sectors experienced net outflows, with the non-ferrous metals sector leading with a net outflow of 1.635 billion yuan [1] Power Equipment Sector Performance - The power equipment sector had a net inflow of 3.76 billion yuan, with 310 out of 365 stocks in the sector rising, and 9 stocks hitting the daily limit [2] - The top three stocks with the highest net inflow were Tianji Co. with 982 million yuan, followed by Maigemi Te with 503 million yuan, and Zhongheng Electric with 427 million yuan [2] - The sector also had 8 stocks with net outflows exceeding 100 million yuan, led by Sunshine Power with a net outflow of 340 million yuan [4] Top Gainers in Power Equipment Sector - Tianji Co. saw a price increase of 10.00% with a turnover rate of 31.76% and a net inflow of 982.35 million yuan [2] - Maigemi Te and Zhongheng Electric also increased by 10.00% and 10.02% respectively, with significant net inflows [2] Top Losers in Power Equipment Sector - Sunshine Power experienced a decline of 1.26% with a net outflow of 339.58 million yuan [4] - Other notable losers included Jia Yuan Technology and China West Electric, with net outflows of 236.25 million yuan and 188.51 million yuan respectively [4]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002471 | 中醫學股 | 4.99 | -8.94% | 290.70万 | 14.73亿 | | 301002 | 崧盛股份 | 32.24 | -5.84% | 7.88万 | 2.57亿 | | 001208 | 化责线缆 | 19.84 | -5.66% | 149.51万 | 32.02亿 | | 300427 | 红相股份 | 12.19 | -5.65% | 131.62万 | 16.71亿 | | 300423 | 昇辉科技 | 8.52 | -5.44% | 43.75万 | 3.77亿 | | 300265 | 通光线缆 | 12.96 | -4.71% | 119.26万 | 16.29亿 | | 002309 | 中利隻团 | 3.45 | -4.17% | 79.36万 | 2.75亿 | | 920556 | 雅达股份 | 10.31 | -3.91% | 2.98万 | 3120.40万 | | 600192 | ...