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title_diff: "[{\"diffs\":[[1,\"最硬核赛道：逆变器和IGBT 一、明年最硬核赛道：逆变器和IGBT 买股票，最重要看逻辑！\"]],\"start1\":0,\"start2\":0,\"length1\":0,\"length2\":45}]"
body_diff: "[{\"diffs\":[[1,\"<html>\\\r\\\n<head>\\\r\\\n  <title>最硬核赛道：逆变器和IGBT 一、明年最硬核赛道：逆变器和IGBT 买股票，最重要看逻辑！立足当下，更要着眼未来！选对最硬逻辑，才能敢于重仓！ 锂电、... - 雪球</title>\\\r\\\n  <basefont face=\\\"微软雅黑\\\" size=\\\"2\\\" />\\\r\\\n  <meta http-equiv=\\\"Content-Type\\\" content=\\\"text/html;charset=utf-8\\\" />\\\r\\\n  <meta name=\\\"exporter-version\\\" content=\\\"YXBJ Windows/608924 (zh-CN, DDL); Windows/10.0.0 (Win64); EDAMVersion=V2;\\\"/>\\\r\\\n  <style>\\\r\\\n\\tbody, td {\\\r\\\n\\t  font-family: 微软雅黑;\\\r\\\n\\t  font-size: 12pt;\\\r\\\n\\t}\\\r\\\n  </style>\\\r\\\n</head>\\\r\\\n<body>\\\r\\\n<a name=\\\"30500\\\"></a>\\\r\\\n<h1>最硬核赛道：逆变器和IGBT 一、明年最硬核赛道：逆变器和IGBT 买股票，最重要看逻辑！立足当下，更要着眼未来！选对最硬逻辑，才能敢于重仓！ 锂电、... - 雪球</h1>\\\r\\\n\\\r\\\n<div><span>\\\n  <div style=\\\"--en-clipped-content:simplified; --en-clipped-source-url:https://xueqiu.com/1921781640/204323573; --en-clipped-source-title:最硬核赛道：逆变器和IGBT 一、明年最硬核赛道：逆变器和IGBT 买股票，最重要看逻辑！立足当下，更要着眼未来！选对最硬逻辑，才能敢于重仓！ 锂电、... - 雪球;\\\">\\\n<div><br/></div><div style=\\\"min-height: 4384px; font-size: 16px; display: block; min-width: 100%;\\\"> <div style=\\\"background-color:transparent;font:inherit;vertical-align:baseline;\\\"><div style=\\\"background-color:transparent;font:inherit;vertical-align:baseline;font-family:&quot;PT Serif&quot;;font-size:16px;line-height:1.5em;color:rgb(31, 9, 9);text-align:left;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;width:36em;z-index:200;padding-left:2em;padding-right:2em;margin-left:auto;margin-right:auto;position:relative;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;position:relative;margin-left:-25px;margin-right:25px;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;padding-top:0px;padding-bottom:9em;position:relative;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;position:relative;margin-bottom:0px;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:0px;\\\"><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:0px;\\\"><h1 style=\\\"font-family:&quot;PT Serif&quot;;text-align:left;border:0px;font:inherit;vertical-align:baseline;font-size:35px;font-weight:normal;line-height:35px;margin-bottom:20px;padding:0px;margin:0px;\\\">最硬核赛道：逆变器和IGBT</h1><div style=\\\"padding:0px;border:0px;font:inherit;vertical-align:baseline;position:relative;height:1em;line-height:1;text-align:center;margin:0px;padding-top:1.5em;padding-bottom:1.5em;margin-bottom:0px;\\\"><div style=\\\"padding:0px;border:0px;font:inherit;vertical-align:baseline;background:-webkit-linear-gradient(0deg, rgb(243, 242, 238) 1%, rgb(31, 9, 9) 50%, rgb(243, 242, 238) 99%);position:absolute;left:-4em;top:50%;z-index:10;width:100%;padding-left:4em;padding-right:4em;height:0.1em;opacity:0.5;margin:0px;margin-bottom:0px;\\\"><span style=\\\"font:inherit;position:absolute;left:-4em;top:50%;z-index:10;width:100%;padding-left:4em;padding-right:4em;height:0.1em;margin:0px;opacity:0.5;background:-webkit-linear-gradient(0deg, rgb(243, 242, 238) 1%, rgb(31, 9, 9) 50%, rgb(243, 242, 238) 99%);\\\"></span></div></div></div><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">来自<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">老萧的峥嵘岁月的雪球专栏</a></div><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:0px;\\\"><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\">一、明年最硬核赛道：逆变器和IGBT</b></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">买股票，最重要看逻辑！立足当下，更要着眼未来！选对最硬逻辑，才能敢于重仓！</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">锂电、光伏、风电、储能，四大最正宗的<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源</a>赛道，谁是最硬核的赛道？？？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">本作者认为，最硬核的赛道莫属逆变器和IGBT。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">明年，增长最快的就是逆变器！！逆变器最核心部件IGBT，就是最紧缺的，也是最具有核心价值的！！</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\">二、先问大家几个问题：</b></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">1、<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>赛道如何？明年增长如何？<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">宁德时代</a>和<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">亿纬锂能</a>扩产多少？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">2、光伏赛道如何？明年增长如何？<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">隆基股份</a>、<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">天合光能</a>扩产多少？中广核等大型国有企业光伏订单多少？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">3、风电赛道如何？明年增长如何？<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">金风科技</a>、<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">明阳智能</a>接订单多少？<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">三峡能源</a>等大型国有企业风电订单多少？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">4、储能赛道如何？明年增长如何？光伏风电必须搭配储能又是多少？？科华数据、<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">科士达</a>储能订单多少？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">5、未来三年以上<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>光伏风电储能四条赛道如何？？增长如何？？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"></p><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;display:block;text-align:center;margin-bottom:1em;margin-top:1em;\\\"><img src=\\\":/e591ea7e09c149139fa774445a4be8eb\\\" type=\\\"image/gif\\\" data-filename=\\\"17d601c9b5ca7c3fc2bf9d0f.gif!raw.gif\\\" height=\\\"240\\\" style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;display:block;max-width:100%;\\\" width=\\\"418\\\"/></div><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">大家买的，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>，光伏，风电，储能，都是基于五年内赛道的爆发去买的。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">我们任何人都知道，单单拿任何一条赛道出来，明后年的业绩都是爆炸性增长。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">那么，如果叠加，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>、光伏、风电、储能，三条赛道或者四条赛道，这个增长是不是更加爆炸？？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">逆变器，在光伏领域叫逆变器，在风电领域和储能领域叫变流器，就是同一样东西，这个逆变器它就是横跨三条赛道。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">今年，光伏投标爆发、风电投标爆发、储能爆发；明年，光伏、风电、储能正式大规模投产，必须搭配大量的逆变器，也就是说逆变器的增速绝对是乘以3的！！看逆变器，重不在规模，重在增速！增速决定估值、决定市值，决定上限！</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">那么，单论业绩增速，最硬核的赛道，难道不就是逆变器吗？？？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">今年，9月份政策推动下，风电才正式提上日程，储能也是正式提上日程，光伏由于明年硅料价格预期下降，也会爆发性增长，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>也是明年芯片供给缓和，也是爆发性增长。那么，明年，四条赛道都是一样无敌的存在。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">最硬核的赛道之一就是逆变器！</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">更重要的是，逆变器，最核心的部件是IGBT，横跨四条赛道：<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>、光伏、风电、储能。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">比亚迪</a>王传福说，新能源车IGBT需求是传统车的5-10倍，那么，再叠加光伏、风电、储能三条赛道，IGBT的需求是原来的多少倍？？大家有没有去想想？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">想通了，你还会去买赛道的旁门左道吗？明明最硬核的赛道就是逆变器和IGBT了。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">握住IGBT，就相当于<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">宁德时代</a>想去握住锂矿一样重要！相当于<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">隆基股份</a>想去握住硅料一样重要！</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">所以，明年，最硬核的赛道，必然是逆变器和IGBT。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">买对赛道，必然是雨露均沾。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">明年，不是最缺<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">永太科技</a>的VC，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">联创股份</a>的PVDF，联泓新科的EVC，不是缺磷化工，不是缺<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">石大胜华</a>的溶剂，不是缺<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">华友钴业</a>的镍，不是缺<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">天赐材料</a><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">多氟多</a>的电解液，缺的是逆变器，更缺的是IGBT。紧缺程度超乎我们想象。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\">三、建议标的：</b></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">逆变器的标的股是</span></b></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">阳光电源</span></b><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">，主营光伏逆变器，公司的主导产品</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">太阳能</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">光伏逆变器的市场占有率多年来稳居国内市场第一位。</span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">科华数据</span></b><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">，公司自主研发的</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">太阳能</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">并网、离网逆变器采用高频变换和DSP控制技术，具备稳压稳频的输出特性和高效、环保等优点，应用于太阳能光伏并网发电系统。</span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">锦浪科技、固德威、德业股份、盛弘股份、上能电气</span></b></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">IGBT的标的是:</span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">斯达半导</span></b><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">，国内IGBT行业龙头公司，全球第八，国内第一。公司在工控IGBT地位稳固，在新能源汽车和光伏行业进展顺利。公司的IGBT芯片设计和模块封装技术不断突破，可以跟国际巨头比肩，产品竞争能力和市场占有率不断提高。</span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">宏微科技</span></b><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">，国内第一批IGBT公司，公司自研IGBT芯片达行业先进水平，对标英飞凌第七代IGBT产品正在研发中。公司已经成为台达集团、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">汇川技术</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">、奥太集团、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">上海沪工</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">等多家行业领军企业的供应商。</span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">士兰微</span></b><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">，国内功率IDM龙头公司，新能源汽车IGBT模块开始进入批量供应。公司功率半导体产品除供应</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">比亚迪</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">集团外，已进入小康汽车、宇通汽车、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">福田汽车</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">瑞凌股份</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">、北京时代、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">英威腾</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">蓝海华腾</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">、</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">汇川技术</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">等厂商的供应体系。 </span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">新洁能</span></b><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">，业绩高成长的功率半导体龙头公司，</span><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\"><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">宁德时代</span></a><span style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;background-color:rgb(234, 226, 96);transition:background-color 0.4s ease 0s;color:black;font-weight:inherit;font-style:unset;-evernote-highlight:true;\\\" title=\\\"点击以取消高亮显示\\\">的供应商。公司是国内功率器件MOSFET产品系列最全、品种型号最丰富的企业之一，产品技术领先，同时积极布局IGBT高景气赛道</span></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"></p><div style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;display:block;text-align:center;margin-bottom:1em;margin-top:1em;\\\"><img src=\\\":/0251329b8e7047f08fc0e040d019a61b\\\" type=\\\"image/gif\\\" data-filename=\\\"17d601c8868a3e3fd6e8ae16.gif!raw.gif\\\" height=\\\"205\\\" style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;display:block;max-width:100%;\\\" width=\\\"300\\\"/></div><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><b style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;font-weight:bold;\\\">四、题外话：</b></p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">对了，大家以为<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>，仅仅是做轨道变流器和<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>的电驱系统的，估值也是按照这两个给的。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">可是<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>，不仅仅是轨道变流器国内第一，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源</a>电驱系统名列前茅，</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">还有，风电变流器2020年排名第五，今年中车集团的风电也是爆炸性增长，自带光环的<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>，相信风电变流器国内市场占比也是名列前茅，</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">更有有一点，今年1-8月<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>的光伏中标国内出乎大家意料地排名已经第十，排在<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">禾望电气</a><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">锦浪科技</a><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">正泰电器</a>的后面，排在固德威的前面。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">如果叠加风电、储能，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>的国内排名能不能进入前五？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">这个还是1-8月的排名，按照<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>汽车事业部总经理何总的说法，时代电气的中低压IGBT有着庞大的市场队伍，要做大很简单，做中低压逆变器最大的核心就是上量。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\"><a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">时代电气</a>，是所有国内逆变器供应商中，唯一是自己全产业链打通也是全核心自主技术的，那么，时代电气，做中低压的光伏逆变器、储能变流器、风能变流器，是不是就是降维打击？？同时，时代电气，叠加国内车规级IGBTI、电驱系统双项唯一唯二自主产权和全产链的企业，你觉得是不是很宝贵？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">这就是IGBT的核心竞争力！逆变器就是制造业，IGBT就是核心竞争力！</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">在没有产能大规模落地的1-8月，光伏中标第十，风电第五，<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">新能源车</a>国内前列，试问下，明年会怎么样？从9月份看，算不算预期差很大？和<a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">德业股份</a>很类似？和永太科技很类似？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">大家要不要用锦浪科技的估值、用固德威的估值、用斯达半导的估值、用宏微股份的估值，用禾望电气的估值，去类比时代电气明年的各项新能源业务的市值？？光伏多少？风电多少？储能多少？新能源车多少？传感器多少？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">如果按照明后几年逆变器和IGBT的增速，叠加新能源车、光伏、风电、储能四条赛道合力的增速，再叠加国内IGBT技术国产替代的红利，你觉得时代电气的天花板在哪里呢？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">大家自行评估。大家可以去北极星看看里面的光伏、风电、储能中标情况，你会对明年的四条赛道更加乐观。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">19号科技峰会上，比亚迪王传福说，中国市场足够庞大，一定会诞生世界级的企业。</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">比亚迪(002594)、宁德时代(300750)、隆基股份算一个，不知道国有企业主导碳中和下的中车时代电气，会不会成长成世界级企业了？</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:1.5em;\\\">一切静等年报，静待花开</p><p style=\\\"margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;margin-bottom:0px;\\\"> <a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">$宁德时代(SZ300750)$</a>   <a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">$比亚迪(SZ002594)$</a>   <a href=\\\"https://xueqiu.com/1921781640/204323573\\\" style=\\\"color:rgb(6, 85, 136);margin:0px;padding:0px;border:0px;font:inherit;vertical-align:baseline;text-decoration:none;\\\">$隆基股份(SH601012)$</a>  </p></div></div></div></div></div></div></div></div></div></div></div>\\\n</div>\\\n</span>\\\n</div></body></html>\\u0000\"]],\"start1\":0,\"start2\":0,\"length1\":0,\"length2\":33568}]"
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