3鏈�9鏃�锛屽寰锋檪(sh铆)浠ｆ柊鑳芥簮绉戞妧鑲′唤鏈夐檺鍏徃锛堣偂绁ㄤ唬纰硷細300750.SZ锛夌櫦(f膩)甯冨叕鍛婏紝鎶湶2025骞村叏骞寸稉(j墨ng)鐕熸キ(y猫)绺�锛屽叕鍙稿湪鐕熸敹銆佸埄娼ゃ�侀姺閲忕瓑鏍稿績鎸囨(bi膩o)涓婂潎瀵�(sh铆)鐝�(xi脿n)绌�(w臎n)鍋ュ闀�锛屽嫊(d貌ng)鍔涢浕姹犺垏鍎茶兘闆绘睜妤�(y猫)鍕�(w霉)鎸佺簩(x霉)闋�(l菒ng)璺戝叏鐞�锛屽悓鏅�(sh铆)閫氶亷楂橀鍒嗙磪鑸囪偂浠藉洖璩�锛屽垏瀵�(sh铆)鍥為寤ｅぇ鎶曡硣鑰�銆�
鍏憡椤ず锛�2025骞村寰锋檪(sh铆)浠ｇ稉(j墨ng)鐕熸キ(y猫)绺捐〃鐝�(xi脿n)绐佸嚭锛屾牳蹇冩暩(sh霉)鎿�(j霉)鍏ㄧ窔椋勭磪銆傚叏骞村(sh铆)鐝�(xi脿n)閶伴洟瀛愰浕姹犻姺閲�661GWh锛屽悓姣斿闀�39.16%锛岄姺閲忚(gu墨)妯℃寔绾�(x霉)鎿�(ku貌)澶�锛涙灞簬涓婂競鍏徃鑲℃澅鐨勫噲鍒╂饯閬�(d谩)722鍎勫厓锛屽悓姣斿闀�42.28%锛岀泩鍒╁閫熼’钁楅珮浜庨姺閲忓閫�锛岀泩鍒╄兘鍔涚┅(w臎n)姝ユ彁鍗�锛涚稉(j墨ng)鐕熸椿鍕�(d貌ng)鐢�(ch菐n)鐢熺殑鐝�(xi脿n)閲戞祦閲忓噲椤嶉仈(d谩)1332鍎勫厓锛屽悓姣斿闀�37.35%锛岀従(xi脿n)閲戞祦鐙�娉佸厖瑁�锛岀偤鍏徃鎸佺簩(x霉)鐧�(f膩)灞曟彁渚涘爡(ji膩n)瀵�(sh铆)鏀拹銆�
鍦ㄦキ(y猫)鍕�(w霉)甯冨眬鏂归潰锛屽寰锋檪(sh铆)浠ｇ殑鍏ㄧ悆榫嶉牠鍦颁綅閫�(j矛n)涓�姝ラ瀼鍥恒�傚嫊(d貌ng)鍔涢浕姹犻牁(l菒ng)鍩�锛屽叕鍙稿叏鐞冨競鍗犵巼绐佺牬姝峰彶鏂伴珮锛屾牴鎿�(j霉)SNE Research鏁�(sh霉)鎿�(j霉)锛屽叾2025骞村叏鐞冨嫊(d貌ng)鍔涢浕姹犱娇鐢ㄩ噺甯傚崰鐜囨彁鍗囪嚦39.2%锛岄�ｇ簩(x霉)涔濆勾浣嶅眳鍏ㄧ悆绗竴锛屽叾涓捣澶栧競鍫村競鍗犵巼韬嶅崌鑷�30%锛屽叏鐞冨寲甯冨眬鎴愭晥椤憲锛涘劜鑳介浕姹犻牁(l菒ng)鍩燂紝鍏徃鍑鸿波閲忛�ｇ簩(x霉)5骞翠綅灞呭叏鐞冪涓�锛屽湪鍚勫湅娓呮綌鑳芥簮杞�(zhu菐n)鍨嬬洰妯�(bi膩o)鎺ㄥ嫊(d貌ng)涓�锛屾寔绾�(x霉)鎼跺崰鍎茶兘甯傚牬鍏堟(j墨)锛岄��(j矛n)涓�姝ユ摯(ku貌)澶х鐖劒(y艒u)鍕�銆�
鎶曡硣鑰呭洖鍫�(b脿o)鏂归潰锛屽寰锋檪(sh铆)浠ｆ寔绾�(x霉)韪愯鑲℃澅鍥炲牨(b脿o)鐞嗗康锛岃〃鐝�(xi脿n)鍑烘サ寮�(qi谩ng)鐨勮獱鎰�銆傚叕鍛婃寚鍑猴紝鍏徃宸查�ｇ簩(x霉)涓夊勾浠ュ噲鍒╂饯鐨�50%瀵�(sh铆)鏂界従(xi脿n)閲戝垎绱�锛岀疮瑷�(j矛)鍒嗙磪閲戦灏囨帴杩戝崈鍎勫厓锛屽垏瀵�(sh铆)璁撴姇璩囪�呭叡浜叕鍙哥櫦(f膩)灞曟垚鏋�銆傛澶�锛屽叕鍙镐簬2025骞�4鏈�7鏃ュ璀伴�氶亷鑲′唤鍥炶臣鏂规锛屾埅鑷�2025骞�12鏈�31鏃ワ紝绱▓(j矛)鍥炶臣閲戦宸查仈(d谩)43.86鍎勫厓锛屽桨椤叕鍙稿皪鑷韩鏈締鐧�(f膩)灞曠殑鍫�(ji膩n)瀹氫俊蹇�锛屼篃閫�(j矛n)涓�姝ョ┅(w臎n)瀹氬競鍫撮爯(y霉)鏈熴��
鎿�(j霉)鎮�锛�2025骞村叏鐞冨嫊(d貌ng)鍔涢浕姹犲競鍫存寔绾�(x霉)澧為暦锛岄洊澧為�熻純姝ゅ墠鏈夋墍鏀剧珐锛屼絾琛屾キ(y猫)闆嗕腑搴︿笉鏂锋彁鍗�锛岄Μ澶晥鎳�(y墨ng)鎰堢櫦(f膩)椤憲銆傚寰锋檪(sh铆)浠ｆ啈鍊熸妧琛�(sh霉)杩唬銆佽(gu墨)妯¤垏鎴愭湰鎺у埗銆佸叏鐞冨寲鑸囧鎴剁秮瀹氱瓑鏍稿績鍎�(y艒u)鍕紝鍦ㄦ縺鐑堢殑甯傚牬绔剁埈涓寔绾�(x霉)闋�(l菒ng)璺�锛屼笉鍍呴瀼鍥轰簡鍦嬪収(n猫i)甯傚牬鍦颁綅锛屾洿鍦ㄦ捣澶栧競鍫村(sh铆)鐝�(xi脿n)蹇�熺獊鐮�锛岃垏鐗规柉鎷夈�佸棣�銆佸棣崇瓑娴峰杌婁紒寤虹珛娣卞害鍚堜綔锛岀偤鍚庣簩(x霉)妤�(y猫)绺惧闀峰瀹氬爡(ji膩n)瀵�(sh铆)鍩虹(ch菙)銆�