596 lines
36 KiB
HTML
596 lines
36 KiB
HTML
<!DOCTYPE html>
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<html lang="zh-CN" data-theme="night">
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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=1.0">
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<title>深度行研：电解铝</title>
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<script src="https://cdn.tailwindcss.com"></script>
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<link href="https://cdn.jsdelivr.net/npm/daisyui@4.11.1/dist/full.min.css" rel="stylesheet" type="text/css" />
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<script defer src="https://cdn.jsdelivr.net/npm/alpinejs@3.x.x/dist/cdn.min.js"></script>
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<script src="https://cdn.jsdelivr.net/npm/echarts@5.5.0/dist/echarts.min.js"></script>
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<style>
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@import url('https://fonts.googleapis.com/css2?family=Lexend:wght@300;400;500;600;700&display=swap');
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body {
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font-family: 'Lexend', sans-serif;
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background-color: #0c0a09; /* Near-black stone color */
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overflow-x: hidden;
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color: #d4d4d8; /* Zinc 300 */
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}
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.aurora-background {
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position: fixed;
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top: 0;
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left: 0;
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width: 100%;
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height: 100%;
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z-index: -1;
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overflow: hidden;
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}
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.aurora-blob {
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position: absolute;
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filter: blur(100px);
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opacity: 0.15;
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border-radius: 50%;
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}
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.blob-1 {
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background: radial-gradient(circle, rgba(29, 78, 216, 1) 0%, rgba(37, 99, 235, 0) 70%);
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width: 500px;
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height: 500px;
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top: -10%;
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left: -10%;
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animation: move-blob-1 25s infinite alternate;
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}
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.blob-2 {
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background: radial-gradient(circle, rgba(147, 51, 234, 1) 0%, rgba(168, 85, 247, 0) 70%);
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width: 600px;
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height: 600px;
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top: 50%;
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left: 80%;
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animation: move-blob-2 30s infinite alternate;
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}
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.blob-3 {
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background: radial-gradient(circle, rgba(22, 163, 74, 1) 0%, rgba(34, 197, 94, 0) 70%);
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width: 400px;
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height: 400px;
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top: 70%;
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left: 10%;
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animation: move-blob-3 20s infinite alternate;
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}
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@keyframes move-blob-1 {
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from { transform: translate(-10%, -10%) scale(1); }
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to { transform: translate(20%, 30%) scale(1.2); }
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}
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@keyframes move-blob-2 {
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from { transform: translate(80%, 50%) scale(1); }
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to { transform: translate(50%, 20%) scale(0.9); }
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}
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@keyframes move-blob-3 {
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from { transform: translate(10%, 70%) scale(1); }
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to { transform: translate(30%, -20%) scale(1.1); }
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}
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.glass-card {
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background: rgba(12, 10, 9, 0.4); /* stone-950/40 */
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backdrop-filter: blur(24px);
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border: 1px solid rgba(250, 250, 249, 0.1); /* stone-50/10 */
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border-radius: 1.5rem; /* rounded-3xl */
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transition: all 0.3s ease;
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}
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.glass-card:hover {
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background: rgba(12, 10, 9, 0.5);
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border: 1px solid rgba(250, 250, 249, 0.2);
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transform: translateY(-4px);
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box-shadow: 0 0 30px rgba(168, 85, 247, 0.1);
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}
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.glow-text {
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text-shadow: 0 0 8px rgba(250, 250, 249, 0.3);
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}
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.bento-grid {
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display: grid;
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gap: 1.5rem;
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grid-template-columns: repeat(12, 1fr);
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}
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.grid-item {
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grid-column: span 12;
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}
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@media (min-width: 1024px) {
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.item-span-4 { grid-column: span 4 / span 4; }
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.item-span-6 { grid-column: span 6 / span 6; }
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.item-span-8 { grid-column: span 8 / span 8; }
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.item-span-12 { grid-column: span 12 / span 12; }
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.item-h-2 { grid-row: span 2 / span 2; }
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}
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/* DaisyUI Customization */
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.tabs-bordered .tab {
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border-color: rgba(250, 250, 249, 0.2);
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transition: all 0.3s ease;
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color: #a1a1aa; /* Zinc 400 */
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}
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.tabs-bordered .tab-active {
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border-color: #3b82f6; /* Blue 500 */
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color: #fafaf9; /* Stone 50 */
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background-color: rgba(59, 130, 246, 0.1);
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}
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.collapse {
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background-color: rgba(28, 25, 23, 0.5); /* Stone-900/50 */
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border: 1px solid rgba(250, 250, 249, 0.1);
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}
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.collapse-title {
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font-weight: 500;
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}
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.table {
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background-color: transparent;
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}
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.table th {
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background-color: rgba(28, 25, 23, 0.7); /* Stone-900/70 */
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color: #d4d4d8;
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}
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.table tr:hover {
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background-color: rgba(28, 25, 23, 0.9);
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}
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</style>
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</head>
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<body>
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<div class="aurora-background">
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<div class="aurora-blob blob-1"></div>
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<div class="aurora-blob blob-2"></div>
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<div class="aurora-blob blob-3"></div>
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</div>
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<div class="container mx-auto p-4 md:p-8 lg:p-12">
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<!-- Header -->
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<header class="text-center mb-12 md:mb-20">
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<h1 class="text-4xl md:text-6xl font-bold text-stone-50 glow-text tracking-tight">
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深度行研：电解铝
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</h1>
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<p class="text-lg text-stone-300 mt-4 max-w-3xl mx-auto">
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供给侧硬约束与需求结构性增长共振，开启价值重估长周期
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</p>
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</header>
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<!-- Insight Section: Bento Grid -->
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<main class="bento-grid" x-data="{ activeTab: 'news' }">
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<!-- Core Viewpoint -->
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<div class="glass-card p-6 md:p-8 item-span-12 lg:item-span-8 item-h-2">
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<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">核心观点摘要</h2>
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<div class="space-y-4 text-stone-200 text-base leading-relaxed">
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<p>电解铝行业正处在一个由政策强力重塑、供需格局发生根本性逆转的长周期起点。其核心驱动力已从传统的宏观经济周期，转变为<strong class="text-purple-400">供给端刚性约束（国内产能天花板+全球低增速）</strong>与<strong class="text-green-400">需求端结构性增长（新能源+电网）</strong>之间的深刻矛盾。</p>
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<p>未来，行业的价值不仅体现在铝价上涨的周期弹性，更将体现在类资源品的稀缺性溢价和“绿电铝”的碳价值重估上。电解铝已确定性地进入了由供给侧硬约束驱动的<strong class="text-stone-50">基本面牛市阶段</strong>，其资产属性正在向兼具<strong class="text-stone-50">稀缺资源、高红利和绿色能源价值</strong>的复合型优质资产演进。</p>
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</div>
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</div>
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<!-- Concept Evolution -->
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<div class="glass-card p-6 md:p-8 item-span-12 lg:item-span-4 item-h-2">
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<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">概念脉络</h2>
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<ul class="space-y-3 text-stone-300 text-sm">
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<li><strong class="text-stone-100">奠基 (2015-2020):</strong> 供给侧改革启动，严控新增，奠定4500万吨产能“天花板”。</li>
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<li><strong class="text-stone-100">显现 (2020-2023):</strong> 改革效果显现，盈利改善。新能源需求爆发，与地产需求脱敏。</li>
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<li><strong class="text-stone-100">催化 (2024-2025):</strong> 《节能降碳计划》发布，碳交易纳入，供给弹性消失，供需缺口扩大。</li>
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<li><strong class="text-stone-100">展望 (2026-2028):</strong> 碳交易深化，绿电铝价值兑现，行业进入高红利期。</li>
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</ul>
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</div>
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<!-- Core Logic -->
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<div class="glass-card p-6 md:p-8 item-span-12">
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<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">核心逻辑与市场认知</h2>
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<div class="grid grid-cols-1 lg:grid-cols-3 gap-6 text-stone-300">
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<div>
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<h4 class="font-semibold text-stone-100 mb-2">供给的永久性受限</h4>
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<ul class="list-disc list-inside space-y-1 text-sm">
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<li><strong>政策天花板:</strong> 国内4500万吨合规产能红线，运行产能已超97%，供给弹性消失。</li>
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<li><strong>环保硬约束:</strong> 节能降碳计划与碳交易，抬高准入门槛，淘汰落后产能。</li>
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<li><strong>全球协同受限:</strong> 海外因能源瓶颈、技术老旧、新建项目缓慢，无法有效弥补缺口。</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-stone-100 mb-2">需求的结构性变革</h4>
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<ul class="list-disc list-inside space-y-1 text-sm">
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<li><strong>地产脱敏:</strong> 地产用铝占比从35%降至25%以下，需求韧性增强。</li>
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<li><strong>新能源引擎:</strong> 新能源车(单车用铝150-200kg)、光伏(年增25%+)、电网基建成为核心增长动力。</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-stone-100 mb-2">预期差分析</h4>
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<ul class="list-disc list-inside space-y-1 text-sm">
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<li><strong class="text-purple-400">利润波动性:</strong> 上游氧化铝价格剧烈波动，可能导致利润被大幅压缩，市场对此定价不充分。</li>
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<li><strong class="text-green-400">绿电铝价值:</strong> 碳交易初期影响有限，真正大规模体现需到2027年后，短期预期或过高。</li>
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<li><strong class="text-blue-400">海外黑马:</strong> 华通线缆安哥拉项目等低成本产能，可能冲击全球成本曲线。</li>
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</ul>
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</div>
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</div>
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</div>
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<!-- Catalysts & Path -->
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<div class="glass-card p-6 md:p-8 item-span-12 lg:item-span-6">
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<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">关键催化剂与发展路径</h2>
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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-stone-100 mb-2">近期催化剂 (3-6个月)</h4>
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<ul class="list-disc list-inside space-y-1 text-sm text-stone-300">
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<li>碳市场纳入正式文件发布。</li>
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<li>云南枯水季限产执行力度。</li>
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<li>社会库存数据逆季节性去化。</li>
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<li>华通线缆安哥拉项目投产。</li>
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</ul>
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</div>
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<div>
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<h4 class="font-semibold text-stone-100 mb-2">长期发展路径</h4>
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<ul class="list-disc list-inside space-y-1 text-sm text-stone-300">
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<li><strong class="text-purple-400">盈利扩张期 (-2026):</strong> 享受高铝价，盈利中枢抬升。</li>
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<li><strong class="text-green-400">价值重估期 (2026-28):</strong> 碳溢价兑现，估值体系切换。</li>
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<li><strong class="text-blue-400">高红利期 (2028+):</strong> 格局固化，进入高现金流、高分红阶段。</li>
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</ul>
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</div>
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</div>
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</div>
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<!-- Risks & Challenges -->
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<div class="glass-card p-6 md:p-8 item-span-12 lg:item-span-6">
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<h2 class="text-2xl font-semibold text-red-400 mb-4 glow-text">潜在风险与挑战</h2>
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<ul class="list-disc list-inside space-y-2 text-sm text-stone-300">
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<li><strong>商业化风险:</strong> 全球宏观经济深度衰退，或新能源行业增速大幅放缓，冲击需求基本盘。</li>
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<li><strong>成本风险:</strong> 核心风险在于上游原材料（氧化铝、电力）价格剧烈波动，严重侵蚀利润。</li>
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<li><strong>政策风险:</strong> 国内产能上限政策松动（可能性低），或海外对中资铝企设置贸易壁垒。</li>
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<li><strong>信息交叉验证风险:</strong> 市场对利润空间的评估可能过于乐观，忽略了成本端的极端波动性。</li>
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</ul>
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</div>
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<!-- Industry Chain & Key Players -->
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<div class="glass-card p-6 md:p-8 item-span-12">
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<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">产业链与核心公司深度剖析</h2>
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<div class="grid grid-cols-1 md:grid-cols-2 lg:grid-cols-4 gap-6 text-stone-300 text-sm">
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<div class="bg-stone-900/50 p-4 rounded-xl border border-stone-50/10">
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<h4 class="font-bold text-stone-100 mb-2">全能巨头 (规模+一体化)</h4>
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<p><strong class="text-purple-400">中国铝业:</strong> 全球最大，氧化铝100%自给，能平抑成本波动。</p>
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<p class="mt-2"><strong class="text-purple-400">中国宏桥:</strong> 成本控制卓越，高分红典范（14%股息率）。</p>
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</div>
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<div class="bg-stone-900/50 p-4 rounded-xl border border-stone-50/10">
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<h4 class="font-bold text-stone-100 mb-2">弹性先锋 (绿电+价格敏感)</h4>
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<p><strong class="text-green-400">云铝股份:</strong> 国内最大绿色铝生产商，绿电比例超80%，碳中和核心标的，业绩弹性最高。</p>
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</div>
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<div class="bg-stone-900/50 p-4 rounded-xl border border-stone-50/10">
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<h4 class="font-bold text-stone-100 mb-2">成本杀手 (能源+成长)</h4>
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<p><strong class="text-blue-400">神火股份 & 天山铝业:</strong> 核心优势在新疆低成本火电，天山铝业正向上游延伸，成长性突出。</p>
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</div>
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<div class="bg-stone-900/50 p-4 rounded-xl border border-stone-50/10">
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<h4 class="font-bold text-stone-100 mb-2">颠覆者 (海外低成本)</h4>
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<p><strong class="text-yellow-400">华通线缆:</strong> 安哥拉项目电价仅0.1元/度，成本优势颠覆性，是典型的“Alpha”逻辑。</p>
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</div>
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</div>
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</div>
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<!-- Market Intelligence -->
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<div class="glass-card p-6 md:p-8 item-span-12">
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<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">市场情报汇总</h2>
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<div role="tablist" class="tabs tabs-bordered">
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<a role="tab" class="tab" :class="{'tab-active': activeTab === 'news'}" @click.prevent="activeTab = 'news'">新闻数据</a>
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<a role="tab" class="tab" :class="{'tab-active': activeTab === 'roadshow'}" @click.prevent="activeTab = 'roadshow'">路演纪要</a>
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<a role="tab" class="tab" :class="{'tab-active': activeTab === 'report'}" @click.prevent="activeTab = 'report'">研报精粹</a>
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</div>
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<div class="pt-6 space-y-4 text-sm">
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<!-- News Data -->
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<div x-show="activeTab === 'news'">
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<div class="collapse collapse-plus">
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<input type="radio" name="intel-accordion" checked="checked" />
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<div class="collapse-title text-base font-medium">政策法规与行业改革</div>
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<div class="collapse-content">
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<ul class="list-disc list-inside space-y-2">
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<li><strong>《电解铝行业节能降碳专项行动计划》 (2024.7.23):</strong> 新增碳排放要求 (2024-25年减排650万吨CO₂), 原则上不再新增自备燃煤机组，推动电解槽大型化。</li>
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<li><strong>产能总量约束:</strong> 严格执行4500万吨产能置换政策，大气污染防治重点区域不再新增产能。鼓励向清洁能源富集地区转移。</li>
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<li><strong>碳排放权交易 (2024年底纳入):</strong> 启动阶段免费分配，不设总量上限；深化阶段(2027-)逐步收紧。短期影响有限，长期增加高碳企业成本。</li>
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</ul>
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</div>
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</div>
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<div class="collapse collapse-plus">
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<input type="radio" name="intel-accordion" />
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<div class="collapse-title text-base font-medium">市场基本面与行情分析</div>
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<div class="collapse-content">
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<ul class="list-disc list-inside space-y-2">
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<li><strong>供给端:</strong> 国内产能逼近上限，几无增长空间。全球供给增速放缓，海外新建项目缓慢，老旧产能面临关停风险。</li>
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<li><strong>需求端:</strong> 新能源、电网、包装消费合力拉动，地产影响减弱。全球电力需求因数据中心和AI爆发性扩张。</li>
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<li><strong>供需与价格:</strong> 全球供需紧平衡，缺口打开。铝价看涨至2.3-2.5万元/吨。</li>
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<li><strong>库存与利润:</strong> 维持低库存，淡季逆势去库。吨铝净利超4000元/吨，最高有望达5000-6000元/吨。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
<div class="collapse collapse-plus">
|
||
<input type="radio" name="intel-accordion" />
|
||
<div class="collapse-title text-base font-medium">企业与项目动态</div>
|
||
<div class="collapse-content">
|
||
<ul class="list-disc list-inside space-y-2">
|
||
<li><strong>华通线缆:</strong> 非洲安哥拉项目水电成本优势突出 (0.1元/度)，一期12万吨预计2025下半年投产，吨铝净利测算超6000元。</li>
|
||
<li><strong>中国宏桥:</strong> 龙头股价创历史新高，2024年股息率达14%。</li>
|
||
<li><strong>世纪铝业:</strong> 冰岛铝厂因故障减产约2/3，加剧全球供给紧张。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<!-- Roadshow Data -->
|
||
<div x-show="activeTab === 'roadshow'">
|
||
<div class="collapse collapse-plus">
|
||
<input type="radio" name="intel-accordion" />
|
||
<div class="collapse-title text-base font-medium">核心逻辑与行业周期</div>
|
||
<div class="collapse-content">
|
||
<p>行业正处长周期起点，类资源属性强化。核心逻辑是"电解铝看需求，氧化铝看供应"。2025年产量将迎来主升浪，因产能已触达政策上限。</p>
|
||
</div>
|
||
</div>
|
||
<div class="collapse collapse-plus">
|
||
<input type="radio" name="intel-accordion" />
|
||
<div class="collapse-title text-base font-medium">供给端分析：全球性产能约束</div>
|
||
<div class="collapse-content">
|
||
<ul class="list-disc list-inside space-y-2">
|
||
<li><strong>国内:</strong> 产能利用率已达97%极限，新增及复产产能极少。</li>
|
||
<li><strong>海外:</strong> 能源与技术限制扩张，欧洲因高电价复产困难，新兴市场（印尼）项目进展缓慢，全球产能增速不足2%。</li>
|
||
<li><strong>进口:</strong> 长期国内供应缺口依赖进口填补，俄铝对华出口或达200万吨。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
<div class="collapse collapse-plus">
|
||
<input type="radio" name="intel-accordion" />
|
||
<div class="collapse-title text-base font-medium">需求端分析：结构性增长与韧性</div>
|
||
<div class="collapse-content">
|
||
<ul class="list-disc list-inside space-y-2">
|
||
<li><strong>地产脱敏:</strong> 地产用铝占比降至25%以下，公共建筑用铝回暖抵消住宅下滑。</li>
|
||
<li><strong>新能源爆发:</strong> 新能源车、光伏边框、特高压电缆需求激增，合计贡献近200万吨增量。</li>
|
||
<li><strong>历史韧性:</strong> 铝需求无大幅负增长历史，2008年金融危机期间仅下滑4%。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<!-- Report Data -->
|
||
<div x-show="activeTab === 'report'">
|
||
<div class="collapse collapse-plus">
|
||
<input type="radio" name="intel-accordion" />
|
||
<div class="collapse-title text-base font-medium">天山铝业 (002532.SZ)</div>
|
||
<div class="collapse-content">
|
||
<p><strong>产能:</strong> 现有120万吨，计划技改提升至140万吨。<strong>成本优势:</strong> 拥有自备电厂，综合用电成本同比下降17%。<strong>产业链布局:</strong> 向上游延伸，在印尼、几内亚布局铝土矿和氧化铝项目，一体化优势显著，有效抵御原材料价格波动。<strong>风险:</strong> 下游需求不及预期，煤炭价格上涨。</p>
|
||
</div>
|
||
</div>
|
||
<div class="collapse collapse-plus">
|
||
<input type="radio" name="intel-accordion" />
|
||
<div class="collapse-title text-base font-medium">云铝股份 (000807.SZ)</div>
|
||
<div class="collapse-content">
|
||
<p><strong>产能:</strong> 305万吨，已实现满负荷生产。<strong>核心优势:</strong> 国内规模最大的绿色低碳铝供应商，依托云南水电，绿电比例超80%。生产的绿色铝碳排放约为煤电铝的20%。<strong>未来价值:</strong> 欧洲征收碳关税及国内碳交易背景下，绿色铝溢价将逐步体现。<strong>风险:</strong> 云南限产超预期，电费上涨。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- ECharts Visualization -->
|
||
<div class="glass-card p-6 md:p-8 item-span-12">
|
||
<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">核心企业电解铝产量对比 (2024年)</h2>
|
||
<div id="productionChart" style="width: 100%; height: 400px;"></div>
|
||
</div>
|
||
|
||
<!-- Core Target Pool -->
|
||
<div class="glass-card p-6 md:p-8 item-span-12">
|
||
<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">核心标的池</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="table w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>代码</th>
|
||
<th>核心逻辑/原因</th>
|
||
<th>标签</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr>
|
||
<td>中国铝业</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=601600" target="_blank" class="text-blue-400 hover:underline">601600</a></td>
|
||
<td>2024年电解铝产量761万吨，全产业链布局，氧化铝自给率高</td>
|
||
<td><span class="badge badge-primary badge-outline">全能巨头</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>中国宏桥</td>
|
||
<td>-</td>
|
||
<td>2024年电解铝产量646万吨，成本控制能力强，高分红属性</td>
|
||
<td><span class="badge badge-primary badge-outline">全能巨头</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>云铝股份</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=000807" target="_blank" class="text-blue-400 hover:underline">000807</a></td>
|
||
<td>2024年电解铝产量303万吨，国内最大绿色铝生产商，业绩弹性高</td>
|
||
<td><span class="badge badge-accent badge-outline">弹性先锋</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>神火股份</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=000933" target="_blank" class="text-blue-400 hover:underline">000933</a></td>
|
||
<td>2024年电解铝产量163万吨，新疆、云南基地成本优势显著</td>
|
||
<td><span class="badge badge-info badge-outline">成本杀手</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>天山铝业</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002532" target="_blank" class="text-blue-400 hover:underline">002532</a></td>
|
||
<td>2024年电解铝产量118万吨，新疆低成本产能，产业链一体化布局</td>
|
||
<td><span class="badge badge-info badge-outline">成本杀手</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>ST华通/华通线缆</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002602" target="_blank" class="text-blue-400 hover:underline">002602</a></td>
|
||
<td>非洲安哥拉电解铝项目，水电成本优势颠覆性，高成长预期</td>
|
||
<td><span class="badge badge-warning badge-outline">颠覆者</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>南山铝业</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=600219" target="_blank" class="text-blue-400 hover:underline">600219</a></td>
|
||
<td>2024年电解铝产量68万吨</td>
|
||
<td><span class="badge badge-secondary badge-outline">产品</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>中孚实业</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=600595" target="_blank" class="text-blue-400 hover:underline">600595</a></td>
|
||
<td>2024年电解铝产量41万吨，“水电铝+铝加工”一体化</td>
|
||
<td><span class="badge badge-secondary badge-outline">产品</span></td>
|
||
</tr>
|
||
<tr>
|
||
<td>中铝国际</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=601068" target="_blank" class="text-blue-400 hover:underline">601068</a></td>
|
||
<td>有色金属工程技术龙头，电解铝设计产能超中国总产能80%</td>
|
||
<td><span class="badge badge-secondary badge-outline">工程技术</span></td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Rise Analysis -->
|
||
<div class="glass-card p-6 md:p-8 item-span-12">
|
||
<h2 class="text-2xl font-semibold text-blue-400 mb-4 glow-text">涨幅异动分析</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="table w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>代码</th>
|
||
<th>异动日期</th>
|
||
<th>涨幅</th>
|
||
<th>核心驱动逻辑</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr>
|
||
<td>ST华通</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002602" target="_blank" class="text-blue-400 hover:underline">002602</a></td>
|
||
<td>2025-06-30</td>
|
||
<td><span class="text-green-400 font-semibold">+5.02%</span></td>
|
||
<td class="text-xs">非洲电解铝项目投产临近，成本优势显著；叠加深海科技政策利好。</td>
|
||
</tr>
|
||
<tr>
|
||
<td>华通线缆</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=605196" target="_blank" class="text-blue-400 hover:underline">605196</a></td>
|
||
<td>2025-08-15</td>
|
||
<td><span class="text-green-400 font-semibold">+10.00%</span></td>
|
||
<td class="text-xs">市场对非洲电解铝项目盈利预期强烈，投产时间明确（25年10月）。</td>
|
||
</tr>
|
||
<tr>
|
||
<td>闽发铝业</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002578" target="_blank" class="text-blue-400 hover:underline">002578</a></td>
|
||
<td>2025-11-04</td>
|
||
<td><span class="text-green-400 font-semibold">+9.95%</span></td>
|
||
<td class="text-xs">“枯水季电解铝减产预期”推高铝价，叠加福建两岸融合政策双主题炒作。</td>
|
||
</tr>
|
||
<tr>
|
||
<td>常铝股份</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002160" target="_blank" class="text-blue-400 hover:underline">002160</a></td>
|
||
<td>2025-11-06</td>
|
||
<td><span class="text-green-400 font-semibold">+10.00%</span></td>
|
||
<td class="text-xs">电解铝现货价创16年新高，高库存带来浮盈预期，叠加“铝代铜”概念。</td>
|
||
</tr>
|
||
<tr>
|
||
<td>宏创控股</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002379" target="_blank" class="text-blue-400 hover:underline">002379</a></td>
|
||
<td>2025-10-29</td>
|
||
<td><span class="text-green-400 font-semibold">+6.22%</span></td>
|
||
<td class="text-xs">电解铝供需缺口扩大预期，叠加市场“宏字辈”题材联动效应。</td>
|
||
</tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
</main>
|
||
|
||
<!-- Footer -->
|
||
<footer class="text-center mt-12 md:mt-20 pt-8 border-t border-stone-50/10">
|
||
<p class="text-sm text-stone-400">北京价值前沿科技有限公司 AI投研agent：“价小前投研” 进行投研呈现</p>
|
||
<p class="text-xs text-stone-500 mt-2">免责声明：本报告为AI合成数据，所有内容仅供参考，不构成任何投资建议，投资需谨慎。</p>
|
||
</footer>
|
||
</div>
|
||
|
||
<script>
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{ name: '神火股份', value: 163 },
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{ name: '天山铝业', value: 118 },
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