B[Nearly 100 cooperation projects, China-Africa renewable energy cooperation continues to expand new tracks] November 4th, the "China-Africa Renewable Energy Cooperation Report 2026" was released in Hunan today (November 4). The report shows that China and Africa have nearly 100 cooperation projects in renewable energy, with an installed capacity of 17 GW, benefiting dozens of African countries. The report shows that from 2023 to 2026, there will be nearly 100 China-Africa renewable energy cooperation projects, with an installed capacity of 17 GW, covering hydropower, wind power, photovoltaics and other fields. Among them: the largest number of solar power generation projects, reaching 42, 7.4GW; 16 hydropower projects, 6.8GW; and 7 wind power projects, 2.2GW. B[Analysis of listed stocks on November 3: The continuous board promotion rate is less than 30%, and the market continuous board height is reduced to 4 boards] Today, a total of 48 stocks hit the daily limit, and the total number of continuous board stocks is 15, including 3 stocks with three consecutive boards or above. On the previous trading day, there were a total of 11 continuous board stocks, and the promotion rate of continuous board stocks was 27.27% (excluding ST stocks and delisted stocks). In terms of individual stocks, more than 3,300 stocks in the market fell, and nearly 20 stocks fell by the limit. Among them, the popular stock Daye Shares fell by the limit for the second consecutive time. The market trend has always been sluggish. Xiangyang Bearing fluctuated within a narrow range throughout the day. Qingdao Food and Aoyang Health both broke their boards, and the height of the connecting boards dropped to 4 connecting boards. In terms of sectors, the metaphysics of the "sheep" generation is highly hyped. Baiyang shares have 10 shares in 18 days, Oriental Ocean shares have 6 shares in 10 days, Sunshine Lighting has 5 shares in 9 days, Luyang Energy Saving has 2 shares in 3 days, Yangzi New Materials has 2 shares in 3 days, Sacred Sun shares, Atlantic, Sun Cable, Solar Energy, Sunshine Shares, and Sunshine Dairy have hit their daily limit on the first board. However, it is worth noting that the sea price in late trading Yang Technology, Tianyang New Materials, Dayang Electric, and Huayang International all collectively bombarded the market, showing that the market has intensified disagreements over "speculating sheep"; the media sector has sharply differentiated, with Cultural Investment Holdings having 6 boards in 10 days, Zhewen Pictures, Dasheng Culture, Longban Media, Aofei Entertainment, and Dianhun Network all advanced to the second consecutive board, but Haikan, Shanghai Film, Huanrui Century, etc. fell sharply. B[Photovoltaic concept rebounded in shock, Qingyuan Co., Ltd. and Almaden both hit the daily limit] On November 2, the photovoltaic concept fluctuated and rebounded during the session, with Qingyuan Co., Ltd. and Almaden Co., Ltd. rising by the daily limit, followed by Longi Green Energy, JA Solar Technology, JinkoSolar, CITIC Bo, and Tongwei Co., Ltd. In terms of news, the Beijing Municipal People's Government recently issued the "Beijing New Energy System Plan during the 15th Five-Year Plan Period." It pointed out that the application of photovoltaic technology innovation scenarios should be expanded. Focus on the research and development and equipment manufacturing of perovskite solar cells and high-efficiency photovoltaic modules, and promote the integration of building photovoltaics. Promote the cluster development of new energy storage industries. B[China Electricity Council: By the end of 2026, the country's installed power generation capacity will reach about 4.3 billion kilowatts] On October 29, the China Electricity Council released the "National Electricity Supply and Demand Situation Analysis and Forecast Report for the Third Quarter of 2026". The "Report" shows that in the first three quarters, the country's total electricity consumption was 8.07 trillion kilowatt hours, a year-on-year increase of 3.9%. The country's newly installed power generation capacity was 250 million kilowatts, of which wind power and solar power generation combined added 170 million kilowatts, accounting for 67.8% of the total newly installed power generation capacity. The "Report" predicts that the growth rate of national electricity consumption in the fourth quarter will rebound significantly from that in the third quarter. The electricity consumption of the whole society will be about 10.8 trillion kilowatt hours, a year-on-year increase of 4%-4.5%. During the peak winter period, the national power supply and demand situation is expected to be generally balanced. If extreme conditions such as widespread cold wave weather and tight primary energy supply occur, local power supply and demand may be tight during local peak hours. It is estimated that the newly installed power generation capacity in 2026 is expected to exceed 350 million kilowatts. By the end of 2026, the national power generation installed capacity will reach about 4.3 billion kilowatts, of which non-fossil energy power generation installed capacity will be about 2.7 billion kilowatts, accounting for about 63% of the total installed capacity; wind power and solar power generation installed capacity will account for half of the total power generation installed capacity; coal power installed capacity will account for about 31% of the total installed capacity. B[Photovoltaic concept is partially active, Junda shares are at daily limit] On October 29, the photovoltaic concept was partially active, and Junda shares were at daily limit, followed by JA Solar Technology, Risen Energy, Tongwei, Shangneng Electric, and Daqo Energy. On the news, the Beijing Municipal People's Government issued the "Beijing New Energy System Plan during the 15th Five-Year Plan Period". It pointed out that the application of photovoltaic technology innovation scenarios should be expanded. Focus on the research and development and equipment manufacturing of perovskite solar cells and high-efficiency photovoltaic modules, and promote the integration of building photovoltaics. Promote the cluster development of new energy storage industries. A[Morning News Selection on October 29th]
1. It was learned from the three policy banks, China Development Bank, Export-Import Bank, and Agricultural Development Bank of China, that as of October 28, all new policy financial instruments in 2026 have been launched, totaling 800 billion yuan.
2. The Federal Reserve voted 10 to 2 to maintain the benchmark interest rate at a range of 3.75%-4%, in line with market consensus.
3. According to statistics from the People's Bank of China, at the end of the third quarter of 2026, the balance of RMB real estate loans was 50.08 trillion yuan, a year-on-year decrease of 5.2%, and a decrease of 1.90 trillion yuan in the first three quarters. The balance of personal housing loans was 35.91 trillion yuan, a year-on-year decrease of 4.1%, and a decrease of 1.10 trillion yuan in the first three quarters.
4. The Beijing Municipal People's Government issued the "Beijing New Energy System Plan during the 15th Five-Year Plan Period", focusing on the research and development and equipment manufacturing of perovskite solar cells and high-efficiency photovoltaic modules, and promoting the integration of building photovoltaics.
5. As of the end of the third quarter, the total scale of public funds was nearly 39.3 trillion yuan. In terms of heavy holdings, Zhongji InnoLight continues to be the top holding of public equity funds and active partial equity funds, and Xinyi Sheng ranks second in both lists; WuXi AppTec's ranking has improved rapidly, ranking fifth among public equity funds and third among active partial equity funds.
6. The latest data from the Shanghai Stock Exchange shows that as of October 27, a total of 186 companies on the Science and Technology Innovation Board have completed the third quarterly report disclosure, with a total revenue of 426.676 billion yuan, a year-on-year increase of 31.54%, and a total net profit of 38.953 billion yuan, a year-on-year increase of 57.39%.
7. Yushu Technology announced that its operating income in the third quarter was 665 million yuan, a year-on-year increase of 69.93%; the net profit attributable to shareholders of listed companies was 113 million yuan, a year-on-year decrease of 17.37%.
8. Baiwei Storage announced that its operating income in the third quarter was 6.142 billion yuan, a year-on-year increase of 130.67%; the net profit attributable to shareholders of listed companies was 1.602 billion yuan, a year-on-year increase of 525.34%.
9. Changying Precision’s third quarter revenue was 5.724 billion yuan, a year-on-year increase of 17.52%; net profit was -84.0493 million yuan, a year-on-year decrease of 151.91%.
10. AVIC Optoelectronics’ third quarter revenue was 6.882 billion yuan, a year-on-year increase of 47.87%; net profit was 816 million yuan, a year-on-year increase of 172.13%.
11. Moore Thread announced that its third quarter revenue was 1.552 billion yuan, a year-on-year increase of 1773.92%; net profit was 49.2604 million yuan, turning a loss into a profit year-on-year.
12. Tianfu Communications announced that its third quarter revenue was 1.923 billion yuan, a year-on-year increase of 31.50%; net profit was 879 million yuan, a year-on-year increase of 55.30%.
13. China Pacific Insurance’s operating income in the third quarter was 79.428 billion yuan, a year-on-year decrease of 45.0%; net profit attributable to shareholders of listed companies was 5.628 billion yuan, a year-on-year decrease of 68.4%.
14. Oscon announced that it plans to invest 6 billion yuan to build an intelligent computing and high-speed interconnection PCB industry base project. The third quarterly report of Feilong shares shows that Zhang Jianping has become the fourth largest shareholder.
15. Federal Reserve Chairman Warsh said that the schedule of the Federal Open Market Committee will change starting next fall. There will be a meeting in 2027 where there will be neither a rate vote nor a policy statement. There are two FOMC meetings expected in 2028 without interest rate votes.
16. Traders still maintain bets on the Federal Reserve raising interest rates in December, but have cut expectations for further interest rate hikes in 2027. The futures market is no longer fully pricing in three more interest rate hikes in this cycle.
17. Samsung SDI’s third-quarter sales were 4.69 trillion won, compared with expected 4.09 trillion won; third-quarter net profit was 294.6 billion won, compared with expected 202.72 billion won.
18. Google’s third-quarter revenue was US$127.58 billion, a year-on-year increase of 25%, and operating profit was US$40.58 billion, a year-on-year increase of 30%. Google fell 10% after hours.
19. Microsoft’s revenue in the first fiscal quarter was US$92.28 billion, with an estimate of US$90.63 billion; adjusted earnings per share in the first fiscal quarter were US$4.89, with an estimate of US$4.73.
20. According to a report by the US "Wall Street Journal" on the 28th, US Vice President Vance has written to Iran's Supreme National Security Council Secretary Mohsin Rezai in an attempt to restart negotiations.
21. Apple officially released a new generation of MacBook Pro, introducing touch functionality to the Mac product line for the first time and equipped with a new ProLED XDR display. The 14-inch version of the M5 Pro starts at $2,899.
22. Marvel Technology is reported to be in in-depth negotiations to acquire Lumentum, a manufacturer of data center optical components, and the transaction may be announced as soon as next week. Lumentum surged by more than 15% after the market closed, while Marvell Technology fell by more than 10%.
23. International oil prices rose. WTI crude oil futures for December delivery rose by 2.9%, with a settlement price of US$102.78 per barrel; Brent crude oil futures for December delivery rose by 1.3%, with a settlement price of US$115.32 per barrel. A["Beijing's New Energy System Plan during the "15th Five-Year Plan" Period": Focusing on the R&D and equipment manufacturing of perovskite solar cells and high-efficiency photovoltaic modules and promoting building photovoltaic integration] On October 28, the Beijing Municipal People's Government issued the "Beijing New Energy System Plan during the "15th Five-Year Plan" period. It pointed out that the high-end level of the wind power industry should be improved. Focus on the research and development of core components such as composite materials for large-megawatt wind turbine blades, break through key technologies such as strong wind protection, strengthen the agglomeration effect of wind power company headquarters, and create decentralized wind power demonstration projects. Expand the application of photovoltaic technology innovation scenarios. Focus on the research and development and equipment manufacturing of perovskite solar cells and high-efficiency photovoltaic modules, and promote the integration of building photovoltaics. Accelerate the industrial application of geothermal and heat pumps. Promote the research and development and manufacturing of key technical equipment such as high-efficiency heat exchangers, cultivate key heat pump equipment manufacturing enterprises, and promote large-scale application. Strengthen research on smart grid technology and equipment. Focus on the research and development of core components such as power chips, strengthen research on key technologies such as intelligent power transmission and transformation equipment, expand the scale of equipment manufacturing in Beijing, and explore business model innovations such as vehicle-network interaction and virtual power plants. Promote the cluster development of new energy storage industries. Promote the research and development of solid-state, liquid flow and other battery technologies, develop system integration and high-end manufacturing, and promote the application of grid-side and user-side energy storage, with the installed capacity of new energy storage reaching 600,000 kilowatts. B[National Energy Administration: As of the end of September, the country’s cumulative installed power generation capacity was 4.13 billion kilowatts, a year-on-year increase of 11.2%] On October 26, the National Energy Administration released national electricity statistics from January to September. As of the end of September, the country's cumulative installed power generation capacity was 4.13 billion kilowatts, a year-on-year increase of 11.2%. Among them, the installed capacity of solar power generation was 1.31 billion kilowatts, a year-on-year increase of 16.5%; the installed wind power capacity was 700 million kilowatts, a year-on-year increase of 20.4%. From January to September, the cumulative average utilization of power generation equipment nationwide was 2,174 hours, 194 hours lower than the same period last year. B[Shenzhen lithium batteries were exported to more than 200 countries and regions in the first three quarters, with an export value exceeding 80 billion yuan] October 25th, the latest data shows that in the first three quarters of this year, Shenzhen lithium batteries were exported to more than 200 countries and regions, with an export value exceeding 80 billion yuan, a year-on-year increase of more than 30%, of which portable energy storage equipment accounted for a considerable proportion. Why are these energy storage devices so popular overseas? On the one hand, there is demand overseas. For example, in Europe and the United States, the outdoor culture of camping and RV travel is very popular, which requires such mobile and portable devices; in some areas with unstable power grids, many families will prepare one as an emergency power supply for power outages. On the other hand, it benefits from Shenzhen’s complete lithium battery industry chain advantages. From battery cells and battery management systems to complete machine integration, R&D and production can be completed locally. The product is lightweight and meets the needs of overseas users for portable devices. It can also be used with solar panels to replenish power, making it very "green" and environmentally friendly. In addition, it has obtained international safety certification and adapts to the voltage standards of various countries, so it is very popular. B[Tesla CFO: Capital expenditures will continue to expand in the next few years: expanding Optimus production capacity, purchasing AI computing power infrastructure, building chip factories, etc.] On October 22, Tesla Chief Financial Officer Vaibhav Taneja said at Tesla’s earnings call on Wednesday, October 22, that capital expenditures will continue to expand in the next few years: expanding the size of the Robotaxi fleet, Optimus production capacity, solar manufacturing capacity, purchasing AI computing power infrastructure, and building chip factories. This strategy will support the company to enter a new growth cycle, subvert multiple existing markets and create new tracks. These are undoubtedly the most exciting times for Tesla. The foundation laid by autonomous driving, humanoid robots, and energy storage will give us an extremely bright future. B[CATL and SDIC Power set up a hydropower development company in Garze Prefecture with a registered capital of 500 million yuan] On October 21, Tianyancha showed that on October 16, the Yalong River Yagen (Garze Prefecture) Hydropower Development Co., Ltd. was established. The legal representative is Zhang Dongming, with a registered capital of 500 million yuan. Its business scope includes hydropower generation, emerging energy technology research and development, solar power generation technology services, etc. Shareholder information shows that the company is held 90% and 10% respectively by Yalong River Basin Hydropower Development Co., Ltd. and CATL New Energy Technology Co., Ltd., a subsidiary of SDIC Power. B[China has approved the release of more than 600 national standards for clean energy such as hydropower and photovoltaics.] On October 14, reporters learned from the World Standards Day themed event co-sponsored by the State Administration for Market Regulation and other four departments that China is the world's largest energy producer and consumer. The development of clean energy industries such as wind power, photovoltaic, nuclear energy, and ultra-high voltage ranks among the top in the world, and standardization work has played an important supporting role. At present, China has approved the release of more than 600 national standards for clean energy such as hydropower, photovoltaic, solar thermal, and hydrogen energy, more than 1,300 group standards, and 345 foreign language versions of national standards. China has taken the lead in formulating and publishing 174 international energy standards, accounting for about 15% of all published international energy standards. China also serves as the secretariat of 10 technical agencies of international standards organizations, including solar energy and mechanical energy storage, and serves as the convener of 34 working groups, making positive contributions to strengthening international cooperation in energy standards and promoting global green transformation. At the theme event, the National Standards Committee released a batch of national standards for clean energy, announcing the "Practice of Transforming Scientific and Technological Achievements into Standardization in the Field of New Energy and Renewable Energy" and the "Blue Book on Standardization of China's Hydrogen Energy Industry (2026)". (CCTV News) B[2026 World New Energy and New Materials Conference held in Ordos City] October 13th, 2026 World New Energy and New Materials Conference opened in Ordos City on October 12th. With the theme of "Multiple Collaboration and Multi-Energy Complementation to Create a New Global Energy Ecosystem", the conference brought together domestic and foreign academicians and experts, and representatives of leading industry companies, and attracted more than 300 companies and more than 8,000 guests to participate in the exhibition to jointly explore the path to green energy transformation and help accelerate the development of new productivity. The World New Energy and New Materials Exhibition will be held concurrently with the conference, with an exhibition area of 30,000 square meters and eight exhibition areas including central state-owned enterprise themes, wind energy, solar photovoltaic, hydrogen energy, energy storage, new energy vehicles, coal-based new materials, and artificial intelligence + energy. The exhibition focuses on the five major industrial chains of wind, light, hydrogen, storage, and vehicles as well as coal-based new materials, displaying cutting-edge achievements from silicon-carbon anodes to long-term energy storage, and from zero-carbon parks to smart grids.
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