628 lines
34 KiB
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628 lines
34 KiB
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<div class="max-w-7xl mx-auto">
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<!-- 标题部分 -->
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<div class="text-center mb-10">
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<h1 class="text-3xl md:text-4xl font-bold text-gray-800 mb-4">制氢电解槽行业洞察报告</h1>
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<p class="text-lg text-gray-600 max-w-3xl mx-auto">深度解析绿氢产业链核心环节，把握"双碳"背景下的投资机遇</p>
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</div>
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<!-- 概念事件时间线 -->
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<div class="section-card p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-history text-indigo-600 mr-3"></i>概念事件时间线
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</h2>
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<div class="timeline-line"></div>
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<div class="bg-white p-4 rounded-lg shadow-sm">
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<div class="flex justify-between items-start mb-2">
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<h3 class="font-semibold text-lg text-gray-800">2022年</h3>
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<span class="text-sm text-indigo-600 font-medium">行业起步</span>
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</div>
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<p class="text-gray-700">全球"双碳"目标驱动下，中国电解槽出口开始放量，河北邯郸某企业年产量从"一两百套"跃升至<span class="highlight-text">GW级</span>（2024年1-5月累计中标<span class="highlight-text">1.06GW</span>，同比+233%）</p>
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</div>
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</div>
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<div class="relative mb-8">
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<div class="timeline-dot"></div>
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<div class="bg-white p-4 rounded-lg shadow-sm">
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<div class="flex justify-between items-start mb-2">
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<h3 class="font-semibold text-lg text-gray-800">2023年8月</h3>
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<span class="text-sm text-indigo-600 font-medium">市场预测</span>
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</div>
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<p class="text-gray-700">国信证券路演首次系统性提出"电解槽行业深度分析"，预测2030年全球市场规模<span class="highlight-text">3800亿美元</span>（碱性1800亿+PEM2000亿）</p>
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</div>
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</div>
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<div class="relative mb-8">
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<div class="timeline-dot"></div>
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<div class="bg-white p-4 rounded-lg shadow-sm">
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<div class="flex justify-between items-start mb-2">
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<h3 class="font-semibold text-lg text-gray-800">2024年9月</h3>
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<span class="text-sm text-indigo-600 font-medium">技术突破</span>
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</div>
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<p class="text-gray-700">海南大学研发<span class="highlight-text">超细铱钌纳米线催化剂</span>，可延长PEM电解槽寿命，技术突破发表于《先进功能材料》</p>
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</div>
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</div>
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<div class="relative mb-8">
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<div class="timeline-dot"></div>
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<div class="bg-white p-4 rounded-lg shadow-sm">
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<div class="flex justify-between items-start mb-2">
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<h3 class="font-semibold text-lg text-gray-800">2025年1月</h3>
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<span class="text-sm text-indigo-600 font-medium">政策催化</span>
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</div>
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<p class="text-gray-700">美国财政部放宽清洁氢补贴规则，<span class="highlight-text">核能制氢</span>纳入补贴范围，SOEC技术路线获政策催化</p>
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</div>
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</div>
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<div class="relative">
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<div class="timeline-dot"></div>
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<div class="bg-white p-4 rounded-lg shadow-sm">
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<div class="flex justify-between items-start mb-2">
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<h3 class="font-semibold text-lg text-gray-800">2025年7月</h3>
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<span class="text-sm text-indigo-600 font-medium">需求爆发</span>
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</div>
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<p class="text-gray-700">国内6月电解槽中标<span class="highlight-text">725MW</span>（同比+8796%），待招标项目储备<span class="highlight-text">3.08GW</span>，中东阿曼绿氢项目（<span class="highlight-text">3.5GW电解槽需求</span>）启动招标</p>
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</div>
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</div>
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</div>
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</div>
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<!-- 核心观点摘要 -->
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<div class="section-card p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-lightbulb text-yellow-500 mr-3"></i>核心观点摘要
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</h2>
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
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<div class="bg-gradient-to-br from-blue-50 to-indigo-50 p-5 rounded-xl border border-blue-100">
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<h3 class="font-semibold text-lg text-gray-800 mb-3">阶段判断</h3>
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<p class="text-gray-700">电解槽行业正处于<span class="highlight-text">"政策驱动+技术降本"</span>的爆发前夜，2025年国内招标量有望达<span class="highlight-text">5GW</span>（2024年1.77GW），但商业化闭环尚未完全打通。</p>
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</div>
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<div class="bg-gradient-to-br from-green-50 to-teal-50 p-5 rounded-xl border border-green-100">
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<h3 class="font-semibold text-lg text-gray-800 mb-3">核心驱动力</h3>
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<p class="text-gray-700"><span class="highlight-text">绿氢成本逼近灰氢平价线</span>（电价0.15元/kWh时绿氢成本≈13元/kg，与煤制氢持平），叠加欧盟碳关税倒逼出口需求。</p>
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</div>
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</div>
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</div>
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<!-- 核心逻辑与市场认知 -->
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<div class="section-card p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-chart-line text-green-600 mr-3"></i>核心逻辑与市场认知分析
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</h2>
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<div class="mb-8">
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<h3 class="text-xl font-semibold text-gray-800 mb-4">核心驱动力</h3>
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<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
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<div class="bg-white p-4 rounded-lg shadow-sm border-l-4 border-indigo-500">
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<h4 class="font-semibold text-gray-800 mb-2">政策强制配储</h4>
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<p class="text-gray-700 text-sm">中国风光大基地项目要求<span class="highlight-text">20%电量配套制氢</span>（如内蒙古2025年48万吨绿氢规划），直接拉动电解槽需求。</p>
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</div>
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<div class="bg-white p-4 rounded-lg shadow-sm border-l-4 border-green-500">
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<h4 class="font-semibold text-gray-800 mb-2">技术降本加速</h4>
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<p class="text-gray-700 text-sm">碱性电解槽价格从2023年<span class="highlight-text">1735元/kW</span>降至2025年<span class="highlight-text">760元/kW</span>（降幅56%），PEM电解槽国产化率从30%提升至60%。</p>
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</div>
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<div class="bg-white p-4 rounded-lg shadow-sm border-l-4 border-yellow-500">
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<h4 class="font-semibold text-gray-800 mb-2">海外溢价市场</h4>
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<p class="text-gray-700 text-sm">中东/欧洲绿氢项目电价<span class="highlight-text">0.11元/kWh</span>（中东光伏），中国电解槽出口价仅为海外<span class="highlight-text">1/3</span>（343美元/kW vs 1200美元/kW）。</p>
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</div>
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</div>
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</div>
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<div class="mb-8">
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<h3 class="text-xl font-semibold text-gray-800 mb-4">市场热度与情绪</h3>
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<div class="bg-gray-50 p-5 rounded-xl">
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">研报密度</h4>
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<p class="text-gray-700">2023-2025年相关路演超<span class="highlight-text">20场</span>，2024年7月单月电解槽招标量<span class="highlight-text">725MW</span>（相当于2022年全年）。</p>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">情绪分歧</h4>
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<p class="text-gray-700">乐观派认为2025年市场规模<span class="highlight-text">100亿元</span>（中金预测），谨慎派指出<span class="highlight-text">开工率仅24%</span>（2024年立项680万吨 vs 落地11万吨）。</p>
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</div>
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</div>
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</div>
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</div>
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<div>
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<h3 class="text-xl font-semibold text-gray-800 mb-4">预期差</h3>
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<div class="bg-yellow-50 p-5 rounded-xl border border-yellow-200">
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<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">技术路线误判</h4>
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<p class="text-gray-700">市场过度关注PEM，但路演显示<span class="highlight-text">碱性电解槽占91%出货量</span>（2024年），且<span class="highlight-text">SOEC获美国核能政策催化</span>。</p>
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</div>
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<div>
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<h4 class="font-semibold text-gray-800 mb-2">盈利模型偏差</h4>
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<p class="text-gray-700">绿氢项目IRR仅<span class="highlight-text">9%</span>（吉林大安项目），需依赖<span class="highlight-text">电价补贴0.18元/kWh</span>（广东政策），实际商业化进度低于预期。</p>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- 关键催化剂与未来发展路径 -->
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<div class="section-card p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-rocket text-purple-600 mr-3"></i>关键催化剂与未来发展路径
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</h2>
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<div class="mb-8">
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<h3 class="text-xl font-semibold text-gray-800 mb-4">近期催化剂（3-6个月）</h3>
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<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
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<div class="bg-gradient-to-br from-purple-50 to-pink-50 p-5 rounded-xl border border-purple-100">
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<div class="flex items-center mb-3">
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<div class="bg-purple-100 p-2 rounded-full mr-3">
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<i class="fas fa-calendar-alt text-purple-600"></i>
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</div>
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<h4 class="font-semibold text-gray-800">招标高峰</h4>
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</div>
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<p class="text-gray-700 text-sm">2025Q2-Q3：新疆35万吨、内蒙古18万吨绿氢项目启动电解槽招标（合计<span class="highlight-text">5.8GW需求</span>）</p>
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</div>
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<div class="bg-gradient-to-br from-blue-50 to-cyan-50 p-5 rounded-xl border border-blue-100">
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<div class="flex items-center mb-3">
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<div class="bg-blue-100 p-2 rounded-full mr-3">
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<i class="fas fa-globe text-blue-600"></i>
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</div>
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<h4 class="font-semibold text-gray-800">碳关税落地</h4>
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</div>
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<p class="text-gray-700 text-sm">2025年10月起对钢铁/化工征收碳税，中国绿氢出口订单或爆发（阿曼<span class="highlight-text">3.5GW项目</span>已启动）</p>
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</div>
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<div class="bg-gradient-to-br from-green-50 to-emerald-50 p-5 rounded-xl border border-green-100">
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<div class="flex items-center mb-3">
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<div class="bg-green-100 p-2 rounded-full mr-3">
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<i class="fas fa-file-alt text-green-600"></i>
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</div>
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<h4 class="font-semibold text-gray-800">技术标准出台</h4>
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</div>
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<p class="text-gray-700 text-sm">国家能源局2025年拟制定<span class="highlight-text">碱性电解槽国家标准</span>，加速行业洗牌</p>
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</div>
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</div>
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</div>
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<div>
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<h3 class="text-xl font-semibold text-gray-800 mb-4">长期路径</h3>
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<div class="relative">
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<div class="absolute left-4 top-0 bottom-0 w-0.5 bg-gray-200"></div>
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<div class="space-y-6">
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<div class="flex items-start">
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<div class="bg-indigo-600 text-white rounded-full w-8 h-8 flex items-center justify-center z-10 mr-4 flex-shrink-0">1</div>
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<div class="bg-white p-4 rounded-lg shadow-sm flex-grow">
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<h4 class="font-semibold text-gray-800 mb-2">2025-2027年</h4>
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<p class="text-gray-700">碱性电解槽主导，PEM渗透率提升至<span class="highlight-text">20%</span>（政策强制风光配储场景）</p>
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</div>
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</div>
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<div class="flex items-start">
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<div class="bg-indigo-600 text-white rounded-full w-8 h-8 flex items-center justify-center z-10 mr-4 flex-shrink-0">2</div>
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<div class="bg-white p-4 rounded-lg shadow-sm flex-grow">
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<h4 class="font-semibold text-gray-800 mb-2">2028-2030年</h4>
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<p class="text-gray-700">AEM/SOEC技术突破，绿氢成本降至<span class="highlight-text">10元/kg</span>（电价0.1元/kWh+碳价100元/吨）</p>
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</div>
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</div>
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<div class="flex items-start">
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<div class="bg-indigo-600 text-white rounded-full w-8 h-8 flex items-center justify-center z-10 mr-4 flex-shrink-0">3</div>
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<div class="bg-white p-4 rounded-lg shadow-sm flex-grow">
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<h4 class="font-semibold text-gray-800 mb-2">2030年后</h4>
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<p class="text-gray-700">电解槽年需求<span class="highlight-text">22GW</span>（中国氢能联盟预测），中东/欧洲成主要出口市场</p>
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</div>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- 产业链与核心公司深度剖析 -->
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<div class="section-card p-6 mb-8">
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<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
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<i class="fas fa-sitemap text-teal-600 mr-3"></i>产业链与核心公司深度剖析
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</h2>
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<div class="mb-8">
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<h3 class="text-xl font-semibold text-gray-800 mb-4">产业链图谱</h3>
|
||
<div class="bg-gray-50 p-6 rounded-xl">
|
||
<div class="grid grid-cols-1 md:grid-cols-3 gap-6">
|
||
<div class="text-center">
|
||
<div class="bg-blue-100 w-16 h-16 rounded-full flex items-center justify-center mx-auto mb-4">
|
||
<i class="fas fa-industry text-blue-600 text-2xl"></i>
|
||
</div>
|
||
<h4 class="font-semibold text-gray-800 mb-3">上游</h4>
|
||
<ul class="text-gray-700 text-sm space-y-1">
|
||
<li>铱催化剂（贵研铂业）</li>
|
||
<li>质子交换膜（东岳集团）</li>
|
||
<li>镍电极（华友钴业）</li>
|
||
</ul>
|
||
</div>
|
||
<div class="text-center">
|
||
<div class="bg-green-100 w-16 h-16 rounded-full flex items-center justify-center mx-auto mb-4">
|
||
<i class="fas fa-cogs text-green-600 text-2xl"></i>
|
||
</div>
|
||
<h4 class="font-semibold text-gray-800 mb-3">中游</h4>
|
||
<ul class="text-gray-700 text-sm space-y-1">
|
||
<li>电解槽制造</li>
|
||
<li>派瑞氢能</li>
|
||
<li>隆基氢能</li>
|
||
<li>阳光氢能</li>
|
||
</ul>
|
||
</div>
|
||
<div class="text-center">
|
||
<div class="bg-purple-100 w-16 h-16 rounded-full flex items-center justify-center mx-auto mb-4">
|
||
<i class="fas fa-solar-panel text-purple-600 text-2xl"></i>
|
||
</div>
|
||
<h4 class="font-semibold text-gray-800 mb-3">下游</h4>
|
||
<ul class="text-gray-700 text-sm space-y-1">
|
||
<li>绿氢项目</li>
|
||
<li>中石化库车项目</li>
|
||
<li>中能建松原产业园</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full bg-white rounded-lg overflow-hidden">
|
||
<thead class="bg-gray-100">
|
||
<tr>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">公司</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">技术路线</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">2024年出货量</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">核心优势</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="py-3 px-4 font-medium text-gray-800">派瑞氢能</td>
|
||
<td class="py-3 px-4 text-gray-700">碱性+PEM</td>
|
||
<td class="py-3 px-4 text-gray-700"><span class="highlight-text">244MW</span>（第一）</td>
|
||
<td class="py-3 px-4 text-gray-700">718所技术背景，央企订单占比高</td>
|
||
<td class="py-3 px-4 text-gray-700">人员流失严重（净利团队出走）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-medium text-gray-800">隆基氢能</td>
|
||
<td class="py-3 px-4 text-gray-700">碱性为主</td>
|
||
<td class="py-3 px-4 text-gray-700"><span class="highlight-text">163MW</span>（第二）</td>
|
||
<td class="py-3 px-4 text-gray-700">光伏协同，3000Nm³/h大标方技术领先</td>
|
||
<td class="py-3 px-4 text-gray-700">海外认证进度慢（欧盟REACH）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-medium text-gray-800">阳光氢能</td>
|
||
<td class="py-3 px-4 text-gray-700">PEM+碱性</td>
|
||
<td class="py-3 px-4 text-gray-700"><span class="highlight-text">125MW</span>（第三）</td>
|
||
<td class="py-3 px-4 text-gray-700">全产业链布局（电源+电解槽+储氢）</td>
|
||
<td class="py-3 px-4 text-gray-700">低价竞争（620万元/1000Nm³报价）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="py-3 px-4 font-medium text-gray-800">华光环能</td>
|
||
<td class="py-3 px-4 text-gray-700">碱性</td>
|
||
<td class="py-3 px-4 text-gray-700">中标松原项目</td>
|
||
<td class="py-3 px-4 text-gray-700">压力容器降本，3.2MPa高压技术</td>
|
||
<td class="py-3 px-4 text-gray-700">订单依赖中石化单一客户</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险与挑战 -->
|
||
<div class="section-card p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-exclamation-triangle text-red-600 mr-3"></i>潜在风险与挑战
|
||
</h2>
|
||
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">技术风险</h3>
|
||
<div class="space-y-4">
|
||
<div class="bg-white p-4 rounded-lg shadow-sm">
|
||
<div class="flex items-start">
|
||
<div class="bg-red-100 p-2 rounded-full mr-3 flex-shrink-0">
|
||
<i class="fas fa-flask text-red-600"></i>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">PEM电解槽资源瓶颈</h4>
|
||
<p class="text-gray-700 text-sm"><span class="highlight-text">铱催化剂全球年产量仅7吨</span>（专家路演），规模化可能受资源瓶颈</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div class="bg-white p-4 rounded-lg shadow-sm">
|
||
<div class="flex items-start">
|
||
<div class="bg-red-100 p-2 rounded-full mr-3 flex-shrink-0">
|
||
<i class="fas fa-hourglass-half text-red-600"></i>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">AEM电解槽寿命问题</h4>
|
||
<p class="text-gray-700 text-sm">AEM电解槽<span class="highlight-text">膜寿命<5000小时</span>（浙商路演），商业化仍需3-5年验证</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">商业化风险</h3>
|
||
<div class="space-y-4">
|
||
<div class="bg-white p-4 rounded-lg shadow-sm">
|
||
<div class="flex items-start">
|
||
<div class="bg-yellow-100 p-2 rounded-full mr-3 flex-shrink-0">
|
||
<i class="fas fa-chart-line text-yellow-600"></i>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">项目开工率低</h4>
|
||
<p class="text-gray-700 text-sm">绿氢项目<span class="highlight-text">开工率24%</span>（2024年数据），经济性依赖<span class="highlight-text">电价补贴0.15-0.18元/kWh</span></p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div class="bg-white p-4 rounded-lg shadow-sm">
|
||
<div class="flex items-start">
|
||
<div class="bg-yellow-100 p-2 rounded-full mr-3 flex-shrink-0">
|
||
<i class="fas fa-truck text-yellow-600"></i>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">储运成本高</h4>
|
||
<p class="text-gray-700 text-sm">储运成本占终端氢价<span class="highlight-text">30%以上</span>（液氢-253℃储存），制约分布式应用</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6">
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">政策风险</h3>
|
||
<div class="bg-red-50 p-5 rounded-xl border border-red-200">
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800 mb-2">欧盟本地化要求</h4>
|
||
<p class="text-gray-700">欧盟拟对电解槽征收<span class="highlight-text">60%本地化率要求</span>（信达路演），中国出口或受阻</p>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-gray-800 mb-2">国内补贴退坡</h4>
|
||
<p class="text-gray-700">国内绿氢补贴<span class="highlight-text">2025年后可能退坡</span>（民生证券提示）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6">
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">信息矛盾</h3>
|
||
<div class="bg-orange-50 p-5 rounded-xl border border-orange-200">
|
||
<p class="text-gray-700">新闻称"电解槽出口爆发"，但路演显示<span class="highlight-text">海外占比仅6%</span>（2024年1-6月），需验证中东项目落地进度</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="section-card p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-trophy text-yellow-500 mr-3"></i>综合结论与投资启示
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">阶段判断</h3>
|
||
<div class="bg-gradient-to-r from-blue-50 to-indigo-50 p-5 rounded-xl border border-blue-200">
|
||
<p class="text-gray-700">电解槽行业处于<span class="highlight-text">"主题炒作向基本面过渡"</span>阶段，2025年招标量<span class="highlight-text">5GW</span>将验证需求真实性</p>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">投资方向</h3>
|
||
<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
|
||
<div class="bg-white p-5 rounded-xl shadow-sm border-t-4 border-blue-500">
|
||
<h4 class="font-semibold text-gray-800 mb-3">碱性电解槽龙头</h4>
|
||
<ul class="text-gray-700 text-sm space-y-2">
|
||
<li>• 派瑞氢能（技术+订单双优势）</li>
|
||
<li>• 华光环能（中石化合作）</li>
|
||
</ul>
|
||
</div>
|
||
<div class="bg-white p-5 rounded-xl shadow-sm border-t-4 border-green-500">
|
||
<h4 class="font-semibold text-gray-800 mb-3">PEM材料国产化</h4>
|
||
<ul class="text-gray-700 text-sm space-y-2">
|
||
<li>• 东岳集团（质子交换膜）</li>
|
||
<li>• 贵研铂业（铱催化剂回收）</li>
|
||
</ul>
|
||
</div>
|
||
<div class="bg-white p-5 rounded-xl shadow-sm border-t-4 border-purple-500">
|
||
<h4 class="font-semibold text-gray-800 mb-3">出海弹性标的</h4>
|
||
<ul class="text-gray-700 text-sm space-y-2">
|
||
<li>• 隆基氢能（中东项目中标）</li>
|
||
<li>• 双良节能（阿曼3.5GW订单）</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold text-gray-800 mb-4">关键跟踪指标</h3>
|
||
<div class="bg-gray-50 p-5 rounded-xl">
|
||
<div class="grid grid-cols-1 md:grid-cols-3 gap-4">
|
||
<div class="text-center">
|
||
<div class="bg-indigo-100 w-12 h-12 rounded-full flex items-center justify-center mx-auto mb-3">
|
||
<i class="fas fa-chart-bar text-indigo-600"></i>
|
||
</div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">月度招标量</h4>
|
||
<p class="text-gray-700 text-sm">2025年需持续<span class="highlight-text">>500MW/月</span>才能兑现预期</p>
|
||
</div>
|
||
<div class="text-center">
|
||
<div class="bg-green-100 w-12 h-12 rounded-full flex items-center justify-center mx-auto mb-3">
|
||
<i class="fas fa-industry text-green-600"></i>
|
||
</div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">绿氢项目开工率</h4>
|
||
<p class="text-gray-700 text-sm">需从<span class="highlight-text">24%</span>提升至<span class="highlight-text">50%以上</span></p>
|
||
</div>
|
||
<div class="text-center">
|
||
<div class="bg-purple-100 w-12 h-12 rounded-full flex items-center justify-center mx-auto mb-3">
|
||
<i class="fas fa-globe text-purple-600"></i>
|
||
</div>
|
||
<h4 class="font-semibold text-gray-800 mb-1">海外订单占比</h4>
|
||
<p class="text-gray-700 text-sm">2025年需突破<span class="highlight-text">20%</span>（当前6%）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6 bg-yellow-50 p-5 rounded-xl border border-yellow-200">
|
||
<p class="text-gray-800 font-medium mb-2">风险提示：</p>
|
||
<p class="text-gray-700">若2025年Q3招标量低于3GW或欧盟碳关税细则超预期严格，行业可能面临估值回调</p>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票表格 -->
|
||
<div class="section-card p-6">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-table text-indigo-600 mr-3"></i>关联股票
|
||
</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full bg-white rounded-lg overflow-hidden">
|
||
<thead class="bg-gray-100">
|
||
<tr>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">股票名称</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">行业</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">项目/产品/技术</th>
|
||
<th class="py-3 px-4 text-left text-gray-800 font-semibold">投资理由</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="divide-y divide-gray-200" id="stockTableBody">
|
||
<!-- 股票数据将通过JavaScript动态填充 -->
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script>
|
||
// 股票数据
|
||
const stockData = [{'制氢电解槽(240124)': [{'stock': '隆基绿能', '行业': '电解槽', '项目': '电解槽产能全球第一', '理由': '电解槽产能全球第一'}, {'stock': '阳光电源', '行业': '电解槽', '技术类型': 'PEM电解槽', '理由': 'PEM电解槽技术布局'}, {'stock': '华电重工', '行业': '电解槽', '技术类型': '碱性/PEM电解槽', '应用地区': '内蒙/青海', '理由': '碱性/PEM电解槽已应用于内蒙/青海项目'}, {'stock': '双良节能', '行业': '电解槽', '产能': '电解槽产能300台套/年', '理由': '年产能300台套电解槽'}, {'stock': '华光环能', '行业': '电解槽', '项目': '已下线产氢量1500方的碱性电解槽', '理由': '已量产1500方碱性电解槽'}, {'stock': '昇辉科技', '行业': '电解槽', '项目': '1000标方碱性电解水制氢设备下线', '理由': '1000标方碱性电解水制氢设备投产'}, {'stock': '龙蟠科技', '行业': '电解槽', '项目': '投建年产1GW制氢电解槽项目', '理由': '1GW制氢电解槽产能规划'}, {'stock': '石化机械', '行业': '电解槽', '状态': '电解槽研制', '理由': '处于电解槽研发阶段'}, {'stock': '亿华通', '行业': '电解槽', '状态': '电解槽研发测试阶段', '理由': '电解槽研发测试中'}, {'stock': '科力远', '行业': '电解槽', '状态': '电解槽研发', '理由': '电解槽技术研发中'}, {'stock': '科隆股份', '行业': '零部件/材料', '产品': '碱性水电解槽电极', '理由': '生产碱性水电解槽电极材料'}, {'stock': '纳尔股份', '行业': '零部件/材料', '产品': 'PEM电解槽中核心零部件', '理由': '供应PEM电解槽核心零部件'}, {'stock': '美锦能源', '行业': '零部件/材料', '产品': '制氢电解槽水气扩散材料', '理由': '生产电解槽水气扩散材料'}, {'stock': '密封科技', '行业': '零部件/材料', '产品': '电解槽密封件', '理由': '提供电解槽密封解决方案'}, {'stock': '禾望电气', '行业': '零部件/材料', '产品': '电解槽电源', '理由': '电解槽电源设备供应'}, {'stock': '上海电气', '行业': '其他', '服务': 'PEM电解槽多功能测试验证平台', '理由': '提供电解槽测试验证服务'}, {'stock': '科威尔', '行业': '其他', '服务': 'PEM电解槽测试系统', '理由': '电解槽测试系统开发'}, {'stock': '先导智能', '行业': '其他', '服务': 'PEM电解槽自动生产线', '理由': '提供电解槽自动化生产解决方案'}]}]};
|
||
|
||
// 填充股票表格
|
||
function populateStockTable() {
|
||
const tableBody = document.getElementById('stockTableBody');
|
||
const stocks = stockData[0]['制氢电解槽(240124)'];
|
||
|
||
stocks.forEach(stock => {
|
||
const row = document.createElement('tr');
|
||
|
||
// 确定项目/产品/技术/服务/状态/产能/应用地区的值
|
||
let projectProductTech = '';
|
||
if (stock['项目']) projectProductTech = stock['项目'];
|
||
else if (stock['产品']) projectProductTech = stock['产品'];
|
||
else if (stock['技术类型']) projectProductTech = stock['技术类型'];
|
||
else if (stock['服务']) projectProductTech = stock['服务'];
|
||
else if (stock['状态']) projectProductTech = stock['状态'];
|
||
else if (stock['产能']) projectProductTech = stock['产能'];
|
||
else if (stock['应用地区']) projectProductTech = stock['应用地区'];
|
||
|
||
row.innerHTML = `
|
||
<td class="py-3 px-4 font-medium text-gray-800">${stock['stock']}</td>
|
||
<td class="py-3 px-4 text-gray-700">
|
||
<span class="inline-block px-2 py-1 text-xs rounded-full ${
|
||
stock['行业'] === '电解槽' ? 'bg-blue-100 text-blue-800' :
|
||
stock['行业'] === '零部件/材料' ? 'bg-green-100 text-green-800' :
|
||
'bg-purple-100 text-purple-800'
|
||
}">${stock['行业']}</span>
|
||
</td>
|
||
<td class="py-3 px-4 text-gray-700">${projectProductTech}</td>
|
||
<td class="py-3 px-4 text-gray-700">${stock['理由']}</td>
|
||
`;
|
||
|
||
tableBody.appendChild(row);
|
||
});
|
||
}
|
||
|
||
// 页面加载时填充表格
|
||
document.addEventListener('DOMContentLoaded', populateStockTable);
|
||
</script>
|
||
</body>
|
||
</html>
|
||
``` |