Investment Rating - The report maintains a "Recommended" rating for key companies in the electric power equipment and new energy sectors, including Ningde Times, Keda Li, and others [6][7]. Core Insights - The global photovoltaic market is expected to maintain high growth during the "14th Five-Year Plan" period, with annual new installations projected to reach 725-870 GW globally and 238-287 GW domestically [3][39]. - The electric power equipment sector is witnessing significant developments, including the approval of major grid projects and the awarding of contracts for high-voltage equipment [4][39]. - The new energy vehicle market continues to show strong momentum, with major manufacturers reporting significant year-on-year delivery increases [2][14]. Summary by Sections New Energy Vehicles - In January 2026, several new energy vehicle manufacturers reported substantial delivery growth, with NIO delivering 27,182 units (+96.1% YoY) and BYD maintaining a leading position with 210,051 units delivered [2][14][24]. - The third China All-Solid-State Battery Innovation Development Summit was held, focusing on key materials and technological advancements [2][27]. New Energy Generation - The photovoltaic industry is transitioning from scale expansion to high-quality development, with a focus on technological integration and new application scenarios [39][40]. - The cancellation of export tax rebates for photovoltaic products starting April 1, 2026, marks a shift to full market competition, pushing companies towards innovation and sustainable competitiveness [45][48]. Electric Power Equipment and Automation - The State Grid's recent tender for ultra-high voltage equipment involved 119 packages, with 115 awarded, indicating robust demand in the sector [4][39]. - The approval of the first major grid project by the National Development and Reform Commission signifies a positive outlook for infrastructure development in the electric power sector [4][39]. Commercial Aerospace - The domestic first "one rocket, 36 satellites" satellite launch technology facility has been accepted, indicating advancements in commercial aerospace capabilities [5]. Market Performance - The electric power equipment and new energy sector saw a weekly increase of 2.20%, outperforming the Shanghai Composite Index, with lithium battery and solar indices showing significant gains [1].

| 成交价格 成交量 | | --- | | 权益类证券大宗交易 (协议交易) 成交舍额 | | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | 2026-02-06 | 301291 | 明阳电气 | 35.42 | 16.50 | 584.60 广发证券股份有限 | 华鑫证券有限责任 | | | | | | | 公司广州天河路证 | 公司广州广州大道 | | | | | | | 劳营业部 | 中证券营业部 | 2月6日，明阳电气大宗交易成交16.5万股，成交额584.6万元，占当日总成交额的2.55%，成交价35.42 元，较市场收盘价44.1元折价19.68%。 ...

2月5日，明阳电气跌5.03%，截至发稿，报44.33元/股，成交1.87亿元，换手率2.57%，总市值138.40亿 元。 资料显示，广东明阳电气股份有限公司位于广东省中山市南朗镇横门兴业西路6号，成立日期2015年11 月27日，上市日期2023年6月30日，公司主营业务涉及应用于新能源、新型基础设施等领域的输配电及 控制设备的研发、生产和销售。主营业务收入构成为：箱式变电站53.70%，变压器16.36%，成套开关 柜14.76%，其他13.51%，其他(补充)1.66%。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间7年92天，现任基金资产总规模1370.2亿元，任职期间最佳基金回报 279.97%， 任职期间最差基金回报-15.93%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本 文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 责任编辑：小浪快报 从明阳电气十大流通股东角度 数据显示，南方基金旗下1只基金位居明阳电气十大流通股东 ...

（编辑 任世碧） 证券日报网讯 2月4日，明阳电气在互动平台回答投资者提问时表示，公司积极布局海外直销市场，前 瞻研发大型化配套产品，丰富海外产品库，助力国外市场持续突破。目前，公司正处在从国内新能源市 场转向国际市场、从35kV配变升级到500kV主变的关键时期，相关市场正在积极开拓之中。针对全球算 力市场，公司也已经制定相应产品和市场开发策略，凭借公司的技术与质量优势，未来将在该领域持续 发力中低压开关柜，并逐步导入配变、主变产品。 ...

证券日报网讯2月4日，明阳电气（301291）在互动平台回答投资者提问时表示，公司紧跟市场趋势，积 极布局数据中心业务并取得突破性进展。目前公司的开关柜产品在国内数据中心市场具备出色市占率， 在各大头部厂商中持续中标。 ...

证券日报网讯2月4日，明阳电气（301291）在互动平台回答投资者提问时表示，具体产品开发与市场应 用情况，请关注公司定期报告。 ...

明阳电气主要从事应用于新能源、新型基础设施等领域的输配电及控制设备的研发、生产和销售。 | 市值(亿元) | 时间 | 2023Y | 2024Y | 2025前三 | | --- | --- | --- | --- | --- | | 145.73 | | | | 季度 | | 机构持股 | 营业收入 (亿元) | | 64.44 | 52.00 | | | 归母净利润 | | 46.72 | 49.12 | | 北向资金持股比例 | (亿元) | | | | | 0.72% (12月31日) | 净资产收益率 (%) | | 14.86 | 9.62 | | 大股东质押率 | 毛利率 (%) | | 22.29 | 21.99 | | 最新监管情况 | 每股收益 (元) | | | | | 近一年无相关信息 | 经营活动现金流 (亿元) | l | 3.85 | -4.27 | | | 应收账款 | | 28.34 | 33.24 | | | (亿元) | | | | 每经AI快讯，"A股绿色报告"项目监控到的数据显示，明阳电气（SZ301291）油箱制造车间年产15000个变压器油箱新建项目环评审批获同 ...

格隆汇2月4日丨明阳电气(301291.SZ)在投资者互动平台表示，公司紧跟市场趋势，积极布局数据中心 业务并取得突破性进展。目前公司的开关柜产品在国内数据中心市场具备出色市占率，在各大头部厂商 中持续中标。 ...

格隆汇2月4日丨明阳电气(301291.SZ)在投资者互动平台表示，公司积极布局海外直销市场，前瞻研发 大型化配套产品，丰富海外产品库，助力国外市场持续突破。目前，公司正处在从国内新能源市场转向 国际市场、从35kV配变升级到500kV主变的关键时期，相关市场正在积极开拓之中。针对全球算力市 场，公司也已经制定相应产品和市场开发策略，凭借公司的技术与质量优势，未来将在该领域持续发力 中低压开关柜，并逐步导入配变、主变产品。 ...

Quantum Technology - IonQ announced an $1.8 billion acquisition of SkyWater Technology to accelerate its roadmap towards fault-tolerant quantum computing, with plans to start functionality testing of 200,000 qubit QPUs by 2028 [6][8] - A Chinese research team discovered new principles in quantum systems using the 78-qubit superconducting quantum processor "Zhuangzi No. 2," which enhances the application of quantum computing in fields like financial modeling and drug development [7][9] Biomanufacturing - Kangnuo Biopharmaceutical submitted an application for listing on the Hong Kong Stock Exchange, focusing on mitochondrial medicine and NAD+ applications, with projected revenues of 303 million yuan in 2023 [10][11] - Guangdong Province released an action plan aiming for a 40% self-sufficiency rate in core strains of biomanufacturing by 2027, with a total output value exceeding 500 billion yuan [11] Hydrogen Energy and Nuclear Fusion - Sichuan Fusion New Energy Industry Investment Development Co., Ltd. officially commenced operations, supporting the construction of China's first internationally recognized fusion city [13] - CIMC Anrui announced the successful launch of China's first IV-type hydrogen gas bundle container, marking a significant advancement in domestic hydrogen storage and transportation technology [14] - Mingyang Electric and global leaders in hydrogen equipment established Guangdong Mingnuo Hydrogen Technology Co., focusing on high-end hydrogen equipment production [15] Brain-Computer Interface - Neuralink reported 21 participants in its human trials, with plans to enhance device performance by three times and introduce "blindsight" technology for the visually impaired by late 2026 [23][24] - The National Medical Products Administration in China is advancing the establishment of industry standards for brain-computer interface medical devices [28] Embodied Intelligence - Ant Group's Lingbo Technology open-sourced the LingBot-Depth model, significantly lowering development barriers in the industry and enhancing its competitive edge [31][32] 6G and Commercial Aerospace - CASIC successfully conducted a 120 Gbps laser communication experiment, doubling the previous rate and laying the groundwork for high-speed data transmission in commercial aerospace [33][34] - China plans to expand its "Space+" future industries, focusing on space infrastructure, resource development, and space tourism [36] Future Industry Catalysts - Key milestones for future industries in 2026 include significant events in quantum technology, biomanufacturing, hydrogen energy, brain-computer interfaces, embodied intelligence, and 6G [37][38]