684 lines
35 KiB
HTML
684 lines
35 KiB
HTML
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<!DOCTYPE html>
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<html lang="zh-CN">
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<head>
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<meta charset="utf-8" />
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<meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">
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<title>固态变压器(SST)概念分析报告</title>
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<link href="https://fonts.googleapis.com/css?family=Inter:300,400,500,600,700,800" rel="stylesheet" />
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<style>
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body {
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font-family: 'Inter', sans-serif;
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background-color: #f8fafc;
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background-image:
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linear-gradient(rgba(255, 255, 255, 0.9) 1px, transparent 1px),
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</style>
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</head>
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<body class="bg-gray-50 text-gray-800">
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<div class="container mx-auto px-4 py-8 max-w-7xl">
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<!-- 标题区域 -->
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<div class="mb-12 text-center">
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<h1 class="text-4xl font-bold text-gray-900 mb-4">固态变压器(SST)概念分析报告</h1>
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<p class="text-lg text-gray-600 max-w-3xl mx-auto">
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AI数据中心供电架构革命性升级技术，处于技术验证到商业化临界点的关键阶段
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</p>
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<div class="mt-6 flex justify-center">
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<div class="w-24 h-1 bg-blue-500 rounded"></div>
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</div>
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</div>
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<!-- 概念事件时间线 -->
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<div class="bg-white rounded-xl card-shadow 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-clock text-blue-500 mr-3"></i>概念事件时间线
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</h2>
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<div class="relative">
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<div class="timeline-line hidden md:block"></div>
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<div class="space-y-8">
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<div class="flex flex-col md:flex-row items-start">
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<div class="timeline-dot hidden md:block"></div>
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<div class="md:w-1/2 md:pr-8 md:text-right mb-4 md:mb-0">
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<span class="inline-block px-3 py-1 bg-blue-100 text-blue-800 rounded-full text-sm font-medium">2023年10月</span>
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</div>
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<div class="md:w-1/2 md:pl-8">
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<div class="bg-blue-50 p-4 rounded-lg">
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<h3 class="font-semibold text-blue-800">西电电力电子完成"东数西算"贵安数据中心首台2.4MW级SST发货</h3>
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<p class="text-sm text-gray-600 mt-1">验证新能源高效接入可行性（新闻+路演）</p>
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</div>
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</div>
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</div>
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<div class="flex flex-col md:flex-row items-start">
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<div class="timeline-dot hidden md:block"></div>
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<div class="md:w-1/2 md:pr-8 md:text-right mb-4 md:mb-0">
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<div class="bg-purple-50 p-4 rounded-lg">
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<h3 class="font-semibold text-purple-800">伊顿与世纪互联联合发布10kV中压能源路由器</h3>
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<p class="text-sm text-gray-600 mt-1">集成2MW SST（路演）</p>
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</div>
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</div>
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<div class="md:w-1/2 md:pl-8">
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<span class="inline-block px-3 py-1 bg-purple-100 text-purple-800 rounded-full text-sm font-medium">2024年12月</span>
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</div>
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</div>
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<div class="flex flex-col md:flex-row items-start">
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<div class="timeline-dot hidden md:block"></div>
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<div class="md:w-1/2 md:pr-8 md:text-right mb-4 md:mb-0">
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<span class="inline-block px-3 py-1 bg-teal-100 text-teal-800 rounded-full text-sm font-medium">2025年3月</span>
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</div>
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<div class="md:w-1/2 md:pl-8">
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<div class="bg-teal-50 p-4 rounded-lg">
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<h3 class="font-semibold text-teal-800">台达在APEC2025发布800V SST方案</h3>
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<p class="text-sm text-gray-600 mt-1">目标2027年规模化（路演）</p>
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</div>
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</div>
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</div>
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<div class="flex flex-col md:flex-row items-start">
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<div class="timeline-dot hidden md:block"></div>
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<div class="md:w-1/2 md:pr-8 md:text-right mb-4 md:mb-0">
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<div class="bg-indigo-50 p-4 rounded-lg">
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<h3 class="font-semibold text-indigo-800">天风电新提出"2026年SST渗透率临界点"</h3>
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<p class="text-sm text-gray-600 mt-1">预计28-30年全球AIDC市场空间100亿元+（研报）</p>
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</div>
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</div>
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<div class="md:w-1/2 md:pl-8">
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<span class="inline-block px-3 py-1 bg-indigo-100 text-indigo-800 rounded-full text-sm font-medium">2025年7月</span>
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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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<!-- 核心观点摘要 -->
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<div class="bg-white rounded-xl card-shadow 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-3 gap-6">
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<div class="bg-gradient-to-br from-blue-50 to-indigo-50 p-5 rounded-lg border border-blue-100">
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<div class="text-blue-600 mb-3">
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<i class="fas fa-chart-line text-2xl"></i>
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</div>
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<h3 class="font-bold text-lg text-gray-800 mb-2">阶段判断</h3>
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<p class="text-gray-600">SST处于<strong>技术验证→商业化临界点</strong>，2026年起渗透率有望从<1%跃升至20%（天风电新模型）</p>
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</div>
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<div class="bg-gradient-to-br from-purple-50 to-pink-50 p-5 rounded-lg border border-purple-100">
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<div class="text-purple-600 mb-3">
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<i class="fas fa-rocket text-2xl"></i>
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</div>
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<h3 class="font-bold text-lg text-gray-800 mb-2">核心驱动力</h3>
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<p class="text-gray-600">AI数据中心功率密度飙升（单机柜从72kW→1MW）倒逼供电架构升级，SST以<strong>98%+效率+50%空间节省</strong>直击传统方案痛点</p>
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</div>
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<div class="bg-gradient-to-br from-teal-50 to-green-50 p-5 rounded-lg border border-teal-100">
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<div class="text-teal-600 mb-3">
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<i class="fas fa-globe text-2xl"></i>
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</div>
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<h3 class="font-bold text-lg text-gray-800 mb-2">未来潜力</h3>
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<p class="text-gray-600">远期替代UPS/HVDC，成为<strong>AIDC终极供电方案</strong>（台达/谷歌技术路线图）</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分析 -->
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<div class="bg-white rounded-xl card-shadow 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-brain text-purple-500 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-700 mb-4">核心驱动力</h3>
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<div class="overflow-x-auto">
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<table class="min-w-full divide-y divide-gray-200">
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<thead class="bg-gray-50">
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<tr>
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<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">维度</th>
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<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">逻辑链</th>
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</tr>
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</thead>
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<tbody class="bg-white divide-y divide-gray-200">
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<tr>
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<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">技术突破</td>
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<td class="px-6 py-4 text-gray-600">高频变压器+SiC器件使<strong>体积缩小至1/5</strong>（西电案例），效率超传统方案3-5%（台达数据）</td>
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</tr>
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<tr>
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<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">需求爆发</td>
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<td class="px-6 py-4 text-gray-600">全球AIDC装机2025年<strong>12GW→2030年100GW</strong>（国信电新），单机柜功率密度<strong>5年10倍</strong>（英伟达）</td>
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</tr>
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<tr>
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<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">成本拐点</td>
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<td class="px-6 py-4 text-gray-600">当前<strong>1-1.5元/W</strong>（vs油变0.07元/W），但SiC/GaN产能释放+规模化生产，预计2027年降至<strong>0.5元/W</strong>（天风电新）</td>
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</tr>
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</tbody>
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</table>
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</div>
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</div>
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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-r from-indigo-50 to-purple-50 p-5 rounded-lg">
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<h3 class="text-xl font-semibold text-gray-700 mb-3">市场热度与情绪</h3>
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<ul class="space-y-3">
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<li class="flex items-start">
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<i class="fas fa-newspaper text-indigo-500 mt-1 mr-3"></i>
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<div>
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<p class="font-medium text-gray-800">研报密度</p>
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<p class="text-sm text-gray-600">2025年7月<strong>5篇深度报告</strong>集中发布（天风/CT电新/华福），关键词"临界点""100亿市场"</p>
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</div>
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</li>
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<li class="flex items-start">
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<i class="fas fa-balance-scale text-purple-500 mt-1 mr-3"></i>
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<div>
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<p class="font-medium text-gray-800">情绪分歧</p>
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<p class="text-sm text-gray-600">乐观派（天风）认为"类似早期HVDC"，谨慎派（路演专家）指出<strong>可靠性/运维风险</strong>（无旁路设计导致带电维修）</p>
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</div>
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</li>
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</ul>
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</div>
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<div class="bg-gradient-to-r from-pink-50 to-orange-50 p-5 rounded-lg">
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<h3 class="text-xl font-semibold text-gray-700 mb-3">预期差分析</h3>
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<div class="space-y-3">
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<div class="bg-white p-3 rounded-lg border border-gray-200">
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<p class="font-medium text-gray-800">市场预期：<span class="text-pink-600">2026年渗透率20%</span></p>
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<p class="text-sm text-gray-600 mt-1">现实验证：当前仅<strong>西电/台达</strong>有落地案例，多数企业仍处<strong>样机阶段</strong>（新特电气7月发货）</p>
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</div>
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<div class="bg-white p-3 rounded-lg border border-gray-200">
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<p class="font-medium text-gray-800">市场预期：<span class="text-pink-600">成本快速下降</span></p>
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<p class="text-sm text-gray-600 mt-1">现实验证：SiC器件<strong>占成本40%</strong>，但<strong>全球产能被Wolfspeed/英飞凌垄断</strong>（路演数据）</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="bg-white rounded-xl card-shadow 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-fire text-red-500 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-700 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-blue-50 to-indigo-50 p-4 rounded-lg">
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<div class="text-blue-600 mb-2">
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<i class="fas fa-file-contract text-xl"></i>
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</div>
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<h4 class="font-bold text-gray-800 mb-2">标准落地</h4>
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<p class="text-sm text-gray-600">中国西电牵头制定<strong>SST数据中心团体标准</strong>（预计2025Q4发布）</p>
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</div>
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<div class="bg-gradient-to-br from-purple-50 to-pink-50 p-4 rounded-lg">
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<div class="text-purple-600 mb-2">
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<i class="fas fa-shopping-cart text-xl"></i>
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</div>
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<h4 class="font-bold text-gray-800 mb-2">订单验证</h4>
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<ul class="text-sm text-gray-600 space-y-1">
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<li><strong>字节跳动</strong>芜湖300MW基地招标（2025H2），明确<strong>800V SST技术规范</strong></li>
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<li><strong>Meta</strong>2026年HVDC V4方案<strong>±400V SST</strong>测试启动</li>
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</ul>
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</div>
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<div class="bg-gradient-to-br from-teal-50 to-green-50 p-4 rounded-lg">
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<div class="text-teal-600 mb-2">
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<i class="fas fa-chart-line text-xl"></i>
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</div>
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<h4 class="font-bold text-gray-800 mb-2">成本突破</h4>
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<p class="text-sm text-gray-600"><strong>天岳先进</strong>6英寸SiC衬底扩产，或带动器件降价<strong>20%</strong>（产业链调研）</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-700 mb-4">长期路径（2025-2030）</h3>
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<div class="flex flex-col items-center">
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<div class="w-full max-w-4xl">
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<div class="relative">
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<!-- 流程线 -->
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<div class="absolute top-1/2 left-0 right-0 h-1 bg-gradient-to-r from-blue-400 via-purple-400 to-teal-400 transform -translate-y-1/2 z-0"></div>
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<!-- 流程节点 -->
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<div class="relative z-10 flex justify-between">
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<div class="text-center">
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<div class="w-16 h-16 bg-blue-500 rounded-full flex items-center justify-center text-white font-bold mx-auto mb-2">A</div>
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<p class="font-semibold text-gray-800">2025:试点验证</p>
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</div>
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<div class="text-center">
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<div class="w-16 h-16 bg-purple-500 rounded-full flex items-center justify-center text-white font-bold mx-auto mb-2">B</div>
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<p class="font-semibold text-gray-800">2026:标准确立+头部CSP订单</p>
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</div>
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<div class="text-center">
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<div class="w-16 h-16 bg-pink-500 rounded-full flex items-center justify-center text-white font-bold mx-auto mb-2">C</div>
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<p class="font-semibold text-gray-800">2027:SiC成本下降+规模化</p>
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</div>
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<div class="text-center">
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<div class="w-16 h-16 bg-orange-500 rounded-full flex items-center justify-center text-white font-bold mx-auto mb-2">D</div>
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<p class="font-semibold text-gray-800">2028:渗透率20%+100亿市场</p>
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</div>
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<div class="text-center">
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<div class="w-16 h-16 bg-teal-500 rounded-full flex items-center justify-center text-white font-bold mx-auto mb-2">E</div>
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<p class="font-semibold text-gray-800">2030:终极方案+千亿级空间</p>
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</div>
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</div>
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</div>
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</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 产业链与核心公司深度剖析 -->
|
||
<div class="bg-white rounded-xl card-shadow p-6 mb-8">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-network-wired text-green-500 mr-3"></i>产业链与核心公司深度剖析
|
||
</h2>
|
||
|
||
<div class="mb-8">
|
||
<h3 class="text-xl font-semibold text-gray-700 mb-4">产业链图谱</h3>
|
||
<div class="bg-gray-50 p-6 rounded-lg">
|
||
<div class="flex flex-col md:flex-row items-center justify-between space-y-4 md:space-y-0">
|
||
<div class="bg-blue-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-blue-800">上游</p>
|
||
<p class="text-sm text-blue-600">SiC/GaN器件</p>
|
||
</div>
|
||
|
||
<div class="text-2xl text-gray-400">
|
||
<i class="fas fa-arrow-right"></i>
|
||
</div>
|
||
|
||
<div class="bg-purple-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-purple-800">中游</p>
|
||
<p class="text-sm text-purple-600">SST整机</p>
|
||
</div>
|
||
|
||
<div class="text-2xl text-gray-400">
|
||
<i class="fas fa-arrow-right"></i>
|
||
</div>
|
||
|
||
<div class="bg-teal-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-teal-800">下游</p>
|
||
<p class="text-sm text-teal-600">AIDC/储能</p>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-6 flex flex-col md:flex-row items-center justify-center space-y-4 md:space-y-0 md:space-x-8">
|
||
<div class="bg-pink-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-pink-800">磁性材料</p>
|
||
<p class="text-sm text-pink-600">纳米晶磁芯</p>
|
||
</div>
|
||
|
||
<div class="text-2xl text-gray-400">
|
||
<i class="fas fa-arrow-down"></i>
|
||
</div>
|
||
|
||
<div class="bg-orange-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-orange-800">新特电气</p>
|
||
<p class="text-sm text-orange-600">变压器环节</p>
|
||
</div>
|
||
|
||
<div class="bg-yellow-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-yellow-800">中国西电</p>
|
||
<p class="text-sm text-yellow-600">系统集成</p>
|
||
</div>
|
||
|
||
<div class="bg-green-100 px-4 py-2 rounded-lg text-center">
|
||
<p class="font-semibold text-green-800">台达</p>
|
||
<p class="text-sm text-green-600">海外龙头</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold text-gray-700 mb-4">核心玩家对比</h3>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">公司</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">角色</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">进展验证</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">风险点</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">中国西电</td>
|
||
<td class="px-6 py-4 text-gray-600">系统集成</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>贵安项目2.4MW已投运</strong>，2025年订单<strong>18亿</strong>（CT电新）</td>
|
||
<td class="px-6 py-4 text-gray-600">高压运维法规缺失</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">新特电气</td>
|
||
<td class="px-6 py-4 text-gray-600">变压器环节</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>7月光伏SST发货</strong>+维谛合作研发（天风）</td>
|
||
<td class="px-6 py-4 text-gray-600">主业利润仅5000万，SST占比低</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">台达</td>
|
||
<td class="px-6 py-4 text-gray-600">海外龙头</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>800V SST机柜</strong>2027年量产（GTC）</td>
|
||
<td class="px-6 py-4 text-gray-600">国内渠道薄弱，依赖出口</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">金盘科技</td>
|
||
<td class="px-6 py-4 text-gray-600">配套变压器</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>阿里巴拿马2.0</strong>移相变供应商（华福）</td>
|
||
<td class="px-6 py-4 text-gray-600">SST技术储备未明确</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<div class="mt-8 grid grid-cols-1 md:grid-cols-2 gap-6">
|
||
<div class="bg-red-50 p-5 rounded-lg border border-red-200">
|
||
<h4 class="font-bold text-red-800 mb-3 flex items-center">
|
||
<i class="fas fa-exclamation-triangle mr-2"></i>证伪点
|
||
</h4>
|
||
<p class="text-gray-700">某路演称"SST故障率<1%"，但<strong>西电项目运维记录显示</strong>模块损坏需<strong>整机下电维修</strong>（与"无旁路"矛盾）</p>
|
||
</div>
|
||
|
||
<div class="bg-green-50 p-5 rounded-lg border border-green-200">
|
||
<h4 class="font-bold text-green-800 mb-3 flex items-center">
|
||
<i class="fas fa-check-circle mr-2"></i>验证点
|
||
</h4>
|
||
<p class="text-gray-700"><strong>SiC成本占比40%</strong>（天风电新）与<strong>Wolfspeed财报</strong>（2025Q1 SiC收入+50%）交叉印证</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 潜在风险与挑战 -->
|
||
<div class="bg-white rounded-xl card-shadow 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-yellow-500 mr-3"></i>潜在风险与挑战
|
||
</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">风险类型</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">具体表现</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">技术</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>高频变压器绝缘失效</strong>（台达测试中出现局部放电）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">商业化</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>运维成本</strong>：无旁路设计导致<strong>MTTR>4小时</strong>（vs UPS的30分钟）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">政策</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>电网接入标准</strong>：10kV SST需通过<strong>IEEE 1547.1认证</strong>（当前仅西电通过）</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">竞争</td>
|
||
<td class="px-6 py-4 text-gray-600"><strong>华为/阳光电源</strong>2026年推出<strong>SiC基HVDC</strong>，可能挤压SST份额（路演专家）</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 综合结论与投资启示 -->
|
||
<div class="bg-gradient-to-r from-indigo-600 to-purple-600 rounded-xl card-shadow p-6 mb-8 text-white">
|
||
<h2 class="text-2xl font-bold mb-6 flex items-center">
|
||
<i class="fas fa-flag-checkered mr-3"></i>综合结论与投资启示
|
||
</h2>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold mb-3">阶段判断</h3>
|
||
<p class="text-indigo-100"><strong>主题炒作→基本面验证过渡期</strong>，2026年订单落地是关键分水岭。</p>
|
||
</div>
|
||
|
||
<div class="mb-6">
|
||
<h3 class="text-xl font-semibold mb-3">高价值环节</h3>
|
||
<div class="grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-indigo-700 bg-opacity-50 p-4 rounded-lg">
|
||
<h4 class="font-bold text-indigo-200 mb-2">上游SiC器件（<span class="text-yellow-300">天岳先进</span>）</h4>
|
||
<p class="text-sm text-indigo-100">技术壁垒最高，成本下降弹性最大</p>
|
||
</div>
|
||
|
||
<div class="bg-purple-700 bg-opacity-50 p-4 rounded-lg">
|
||
<h4 class="font-bold text-purple-200 mb-2">中游变压器（<span class="text-yellow-300">新特电气</span>）</h4>
|
||
<p class="text-sm text-purple-100">0.5元/W假设下，<strong>28-30年利润弹性5亿→100亿市值</strong>（天风模型）</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div>
|
||
<h3 class="text-xl font-semibold mb-3">跟踪指标</h3>
|
||
<ol class="list-decimal list-inside space-y-2 text-indigo-100">
|
||
<li><strong>2025Q4字节/腾讯招标</strong>中SST技术规范占比</li>
|
||
<li><strong>SiC器件价格</strong>（Wolfspeed 6英寸衬底报价）</li>
|
||
<li><strong>西电/台达</strong>运维数据（MTBF/MTTR）</li>
|
||
</ol>
|
||
</div>
|
||
|
||
<div class="mt-6 p-4 bg-gradient-to-r from-yellow-500 to-orange-500 rounded-lg">
|
||
<p class="font-bold text-center text-lg">一句话总结</p>
|
||
<p class="text-center mt-2">SST是AI算力军备竞赛的"卖铲人"，但需紧盯<strong>标准-订单-成本</strong>三重验证，2026年前仍是<strong>高赔率、高波动</strong>赛道。</p>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- 关联股票数据 -->
|
||
<div class="bg-white rounded-xl card-shadow p-6">
|
||
<h2 class="text-2xl font-bold text-gray-800 mb-6 flex items-center">
|
||
<i class="fas fa-chart-line text-green-500 mr-3"></i>关联股票数据
|
||
</h2>
|
||
<div class="table-responsive">
|
||
<table class="min-w-full divide-y divide-gray-200">
|
||
<thead class="bg-gray-50">
|
||
<tr>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">个股</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">分类</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">业务相关</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">信源</th>
|
||
<th class="px-6 py-3 text-left text-xs font-medium text-gray-500 uppercase tracking-wider">理由</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody class="bg-white divide-y divide-gray-200">
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">新特电气</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-blue-100 text-blue-800 rounded-full text-xs">产品开发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">固态变压器（SST）是公司重点开发产品之一</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-green-100 text-green-800 rounded-full text-xs">调研</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">公司明确将固态变压器列为重点开发产品，表明其在该领域的技术投入和战略定位。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">四方股份</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-purple-100 text-purple-800 rounded-full text-xs">解决方案</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">公司在数据中心供电领域的系列化解决方案及产品，包括SST的技术及方案</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-yellow-100 text-yellow-800 rounded-full text-xs">互动</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">公司提供包含SST技术的数据中心供电解决方案，显示其在应用场景中的实际落地能力。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">金盘科技</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-indigo-100 text-indigo-800 rounded-full text-xs">技术研发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">已开展固态变压器等前沿技术产品等相关研发工作</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-red-100 text-red-800 rounded-full text-xs">公告</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">公司通过公告披露已启动固态变压器技术研发，表明其技术储备的公开性。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">伊戈尔</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-indigo-100 text-indigo-800 rounded-full text-xs">技术研发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">固态变压器属于新兴的产品，公司在做相关技术储备和关注</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-yellow-100 text-yellow-800 rounded-full text-xs">互动</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">公司明确表示对固态变压器技术的跟踪与储备，体现其前瞻性布局。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">阳光电源</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-indigo-100 text-indigo-800 rounded-full text-xs">技术研发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">固态变压器相关技术的新能源应用研究，如基于光储充应用的多端口SST能量路由器</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-yellow-100 text-yellow-800 rounded-full text-xs">互动</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">公司聚焦新能源场景下的固态变压器应用研究，凸显技术落地的针对性。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">科陆电子</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-indigo-100 text-indigo-800 rounded-full text-xs">技术研发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">直流配用电系统技术研究涉及固态变压器</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-pink-100 text-pink-800 rounded-full text-xs">年报</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">年报披露其技术研究方向包含固态变压器，反映长期研发投入。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">ST易事特</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-indigo-100 text-indigo-800 rounded-full text-xs">技术研发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">基于第三代电力电子器件的高效、高功率密度中压固态变压器模块研究与开发</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-pink-100 text-pink-800 rounded-full text-xs">年报</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">年报显示公司专注于中压固态变压器模块的技术突破，体现研发深度。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">泰永长征</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-indigo-100 text-indigo-800 rounded-full text-xs">技术研发</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">积极探索、研究及储备固态变压器技术</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-pink-100 text-pink-800 rounded-full text-xs">年报</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">年报中明确将固态变压器技术列为储备方向，表明战略规划方向。</td>
|
||
</tr>
|
||
<tr>
|
||
<td class="px-6 py-4 whitespace-nowrap font-medium text-gray-900">科润智控</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-teal-100 text-teal-800 rounded-full text-xs">北交所</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">基于互联网技术的高可靠低成本固态变压器关键技术研发项目已结题</td>
|
||
<td class="px-6 py-4 text-gray-600">
|
||
<span class="px-2 py-1 bg-pink-100 text-pink-800 rounded-full text-xs">年报</span>
|
||
</td>
|
||
<td class="px-6 py-4 text-gray-600">年报披露相关研发项目已完成，显示技术成果已进入应用阶段。</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<script>
|
||
// 添加一些简单的交互效果
|
||
document.addEventListener('DOMContentLoaded', function() {
|
||
// 为表格行添加悬停效果
|
||
const tableRows = document.querySelectorAll('tbody tr');
|
||
tableRows.forEach(row => {
|
||
row.addEventListener('mouseenter', function() {
|
||
this.classList.add('bg-gray-50');
|
||
});
|
||
row.addEventListener('mouseleave', function() {
|
||
this.classList.remove('bg-gray-50');
|
||
});
|
||
});
|
||
|
||
// 为卡片添加简单的动画效果
|
||
const cards = document.querySelectorAll('.card-shadow');
|
||
cards.forEach((card, index) => {
|
||
card.style.opacity = '0';
|
||
card.style.transform = 'translateY(20px)';
|
||
card.style.transition = 'opacity 0.5s ease, transform 0.5s ease';
|
||
|
||
setTimeout(() => {
|
||
card.style.opacity = '1';
|
||
card.style.transform = 'translateY(0)';
|
||
}, index * 100);
|
||
});
|
||
});
|
||
</script>
|
||
</body>
|
||
</html>
|
||
``` |