內(nèi)容目錄前言 4電新整體持倉(cāng)分析：電新重倉(cāng)市值在基金全部重倉(cāng)市值的比例環(huán)比上升2.74ct至14.94% 4電新子行業(yè)持倉(cāng)分析：電動(dòng)車、光伏、儲(chǔ)能、工控、電網(wǎng)、風(fēng)電板塊均上升 5新能源汽車：總體持倉(cāng)上升，上游鋰礦&中游&核心零部件&新技術(shù)上升，整車&充電樁持倉(cāng)下降 73.1.1.上游鋰礦2025Q3整體持倉(cāng)上升1.24pct至2.86% 7中游持倉(cāng)整體提升0.69pct至8.92%，結(jié)構(gòu)件、正極、負(fù)極、隔膜、六氟磷酸鋰及電解液、添加劑、銅箔持倉(cāng)上升，電池、鋁箔持倉(cāng)下降 核心零部件2025Q3持倉(cāng)上升，整車、充電樁持倉(cāng)下降 8新技術(shù)板塊2025Q3上升0.29pct至2.00%，鈉電池、復(fù)合集流體上漲 8新能源：光伏、風(fēng)電上升，核電下降 9光伏板塊總體2025Q3持倉(cāng)占總市值比重環(huán)比提升至4.18%，環(huán)比+1.43pct 9風(fēng)電板塊2025Q3持倉(cāng)占總市值比重環(huán)比上升至3.46%（+0.14pct） 10核電板塊2025Q3持倉(cāng)占總市值比重環(huán)比下降至0.73%（-0.05pct） 10工控&電力設(shè)備：電力設(shè)備&工控板塊持倉(cāng)上升 工控&2025Q36.21%1.06pct....................................................................................................................................................電力設(shè)備板塊總體2025Q3持倉(cāng)占總市值比重為1.81%，環(huán)比上升0.33pct 儲(chǔ)能：總體持倉(cāng)上升，溫控/消防、集成/EPS、新型儲(chǔ)能上升，PCS下降 123.4.1.2025Q32.04pct7.97%，PCS2025Q3整體下降0.03pct至8.27% 123.4.2.溫控/消防2025Q3上升2.27pct至5.13% 133.4.3.集成/EPC/運(yùn)營(yíng)2025Q3上升1.34pct至1.98% 133.4.4.新型儲(chǔ)能2025Q3上升0.35pct至0.92%，便攜式儲(chǔ)能上升1.48pct至1.56% 13電新個(gè)股的基金持倉(cāng)環(huán)比增速前十持股占總市值分析 142025Q3基金持倉(cāng)環(huán)比增速前十 142025Q3基金持倉(cāng)市值前十 142025Q3基金持倉(cāng)降幅前十 152025Q3基金持倉(cāng)市值占總市值比例前十 15電新各板塊海外持倉(cāng)分析 16風(fēng)險(xiǎn)提示 18圖表目錄圖1：基金前十大重倉(cāng)的持股比例情況 5圖2：基金前十大重倉(cāng)的持股比例 5圖3：電新子行業(yè)拆分框架 6圖4：各板塊前十大重倉(cāng)的持股比例 7圖5：新能源汽車板塊前十大重倉(cāng)占股票總市值趨勢(shì) 8圖6：新能源汽車板塊中，鋰電池中游子板塊前十大重倉(cāng)占股票總市值趨勢(shì) 9圖7：新能源板塊前十大重倉(cāng)占股票總市值趨勢(shì) 圖8：電力設(shè)備及工控板塊前十大重倉(cāng)占股票總市值趨勢(shì) 12圖9：儲(chǔ)能板塊前十大重倉(cāng)占股票總市值趨勢(shì) 14圖10：電新重點(diǎn)個(gè)股持倉(cāng)分析（前十基金持倉(cāng)比例） 16圖電新板塊海外持倉(cāng)占自由流通股市值趨勢(shì) 17圖12：電動(dòng)車/光伏板塊、電新個(gè)股前十基金持倉(cāng)市值（累加值） 17圖13：滬港通持倉(cāng)占自由流通股比重（季度末） 18前言129862025Q3454（363）（301）環(huán)比上升2.74ct14.94%下面兩張圖從三個(gè)角度表達(dá)了公募基金持倉(cāng)的變化，其中基金持倉(cāng)占總市值比例最能反映市場(chǎng)上公募投資者對(duì)于電新板塊的配置情況，2019Q2環(huán)比略有上升，2020Q1環(huán)比上升0.09個(gè)百分點(diǎn)，2020Q2開(kāi)始出現(xiàn)大幅提升趨勢(shì)，2020Q4升至5.57%，2021Q1回落至5.24%，但2021Q2大幅提升至6.72%，2021Q3持續(xù)提升至7.36%，經(jīng)歷2021Q4下滑至7.01%，2022Q1重新提升至7.73%，2022Q2繼續(xù)提升至7.45%，2022Q3下降至6.68%，2022Q4回落至5.88%，2023Q1下滑至5.19%，2023Q2繼續(xù)下降至5.01%，2023Q34.64%，2023Q44.03%，2024Q14.34%，2024Q24.25%，2024Q34.39%，2024Q44.33%，2025Q14.14%，2025Q2下3.44%，2025Q34.48%占比14.94%，環(huán)比上升2.74pct占比，環(huán)比上升1.04pct。圖1：基金前十大重倉(cāng)的持股比例情況2019Q1-2025Q3量（億股）2019Q1-2025Q3量（億股）基金持股數(shù)流通股數(shù)量（億股）平均價(jià)格基金持股市流（元/股）值（億元）凈值（億股票重倉(cāng)市值股票投資市值持股市值持股市值占基持股市值占基元）（億元）通市值比例（億元）元）（億元）（億元）占基金凈金重倉(cāng)股票市金股票投資2019/3/312019/6/302019/9/302019/12/312020/3/312020/6/302020/9/302020/12/312021/3/312021/6/302021/9/302021/12/312022/3/312022/6/302022/9/302022/12/312023/3/312023/6/302023/9/302023/12/312024/3/312024/6/302024/9/302024/12/312025/3/312025/6/32313130363950655961711019213511115212112012112511411511111798268927602795283628912941299930803088322432683287347135894084415044624640463149474986506058.77.77.88.58.09.512.717.015.921.625.226.622.025.122.421.521.219.517.816.215.5275075317187321,3112,5543,7023,2545,6287,1827,2337,0988,0887,6126,4305,8945,4574,48923,44321,31021,71324,18823,24727,89538,19352,25549,11769,68582,52587,32476,51390,11191,31789,09294,456930,20326,65427,00230,61329,73436,72348,70966,46362,08083,71897,617103,13591,876108,569113,971109,31.7%1.9%2.0%2.3%2.5%3.6%5.2%5.6%5.2%6.7%7.4%7.0%7.7%7.4%2.2%2.4%2.4%3.0%3.1%4.7%6.7%7.1%6.6%8.1%8.7%8.3%9.145,260140,750140,858153,164178,091178,610184,513212,172229,720246,608255,134,822131,049132,254141,117162,271164,188170,704194,137211,9,83310,51011,36612,91513,77717,46222,420,26520,94922,20425,57626,8值比例0.4%0.4%0.4%值比例5.4%4值圖2：基金前十大重倉(cāng)的持股比例電板塊均上升129862025Q3454圖3：電新子行業(yè)拆分框架分板塊看，2025Q3新能源汽車板塊基金持股占總市值比例環(huán)比上升1.13pct至5.28%（0.87pct至6.21.4pct至4.10.14pct3.46%，工控1.06pct6.21%，電力0.33pct1.81%1.65pct7.25%。2.10pct，10.50%2.13%0.98%7.84%，2.84pct、0.17pct、0.37pct、3.7pct0.66%、0.71%，0.7pct、0.08pct（。圖4：各板塊前十大重倉(cāng)的持股比例新能源汽車：總體持倉(cāng)上升，上游鋰礦中游&核心零部件&升，整車充電樁持倉(cāng)下降6414142233新能20535.8113pc2024320253持倉(cāng)比例分別為5.25%、5.29%、5.20%、4.15%、5.28%。上游鋰礦2025Q3整體持倉(cāng)上升1.24pct至2.86%1.0（+.68pc3.69（1.4pc194（1.2pc。中游持倉(cāng)整體提升0.69pct至1電池下降0.2pct至07817.63+505pc1.29（11pc4.6+138pc）結(jié)構(gòu)件上升13pct至正極提升3.40pct至13.25%（+.78pc.7+5.1pc9.17（5.66c1.4%（+.89pc05（0.5pc.01（.14pc負(fù)極上升0.7t至3395.50.03pc尚太科技5.2+5.4pc隔膜上升048pct至41其中星源材質(zhì)2.0+1.9pc4.5（.44pc；）170pct至435，3.4（536pc.88（6.67c；）添加劑提升095pct至.35，41（0.6pc；）鋁箔下降0.2ct至0.8，0.57%（0.68c；）銅箔上升1.86pct至1.9，1.6+1.1pc。核心零部件2025Q3具體數(shù)值來(lái)看，整車環(huán)比下降0.50pct至1.30%，其中比亞迪持倉(cāng)占比0.77%（-0.97pc0.4pct至6076.5+0.6pc284%（1.87c007pct至0.8。新技術(shù)板塊2025Q3上升0.29pct至2.00%，鈉電池、復(fù)合集流體上漲2024Q3-2025Q31.02%0.79%1.68%1.71%2.00%。1）0.4pt至1.750.0+0.1pc000（0.00.0pct至2.1，298（5.7pc460（0.0pc0.00（290pc。圖5：新能源汽車板塊前十大重倉(cāng)占股票總市值趨勢(shì)圖6：新能源汽車板塊中，鋰電池中游子板塊前十大重倉(cāng)占股票總市值趨勢(shì)新能源：光伏、風(fēng)電上升，核電下降我們將新能源板塊拆分為光伏、風(fēng)電、核電，分別統(tǒng)計(jì)81、46、9只股票。 光伏板塊總體2025Q34.18%，環(huán)比+1.43pct2024Q3-2025Q34.15%4.13%3.33%2.75%4.18%硅料環(huán)節(jié)上升0.72611.31623.83639（2.70c+31pc0.0（0.02c硅片環(huán)節(jié)上升0.5pc22202Q3分別1252.723.63.423.8481+026pcCL中環(huán)2.9+0.0pc265（2.5c電池上升0.2pc02Q3202Q3分別0392.3353.2.74167（+.17c0.0（0.4pc698+0.2pc一體化組件上升063pc22Q3-202Q3分別3.70.14052903.3245+.89pc5.3（01c.69（1.2c3.65（248pc481+0.6pc5逆變器環(huán)節(jié)上升.02c22Q320Q32.00、10.77%9.06%8.54%8.56%3.36%（-1.91pct）,12.07%（-0.66pc4.5（290pc0.0持平.63（073pc003（P0.32c1.4（049pc0.00.07pc3.6（+183pc0.2pc302+0.6pcEC102pc0.6+063c276（+.76c2.4pc1.2+0.3pc084%（2.17c5.2+4.9pc5.7+5.0pc0.22pc，1.59（0.76c038（0.0pc230pc683+426pc001（.65pc0.012.0pc278（+.55pc000（0.2pc。風(fēng)電板塊2025Q33.46%（+0.14pct）風(fēng)電板塊2024Q3-2025Q3分別3.79%2.84%3.32%3.46%整機(jī)環(huán)節(jié)上升1.05pct，2024Q3-2025Q32.42%1.65%2.29%（.97pc0.2+0.2pc4.9+3.3pc2.13+2.0pc0.0（+.05c2海樁環(huán)節(jié)上升.24c22Q3-202Q3分別1.93、1.、3.4、423、4.47607（.89pc376（1.4pc19（1.0pc.60+306pc064+058pc0.003海纜環(huán)節(jié)上升068pc202Q3-202Q39.2625.465.235.11.0+.20pc6.4（.70pc3.33（0.8c0.00（0.4pc0.8+048pc；）.38c，20402Q3分別為1011.2060.0.78350（+.86c0.2（0.9pc076+005pc0000.26+007pc0.0（0.2pc.49c02Q3-202Q3分別0.91、1.、2.0、226、1.77469（.48pc037（0.37c0000.0（001p）葉片及材料環(huán)節(jié)下降.6c02Q322Q3分別.70.60.4306.37，025（0.5pc577（0.7pc0.00（001pc。 核電板塊2025Q30.73%（-0.05pct）2024Q3-2025Q30.93%、0.71%、0.64%、0.78%、0.73%。圖7：新能源板塊前十大重倉(cāng)占股票總市值趨勢(shì)工控&電力設(shè)備：電力設(shè)備&工控板塊持倉(cāng)上升/)、工控&2121131825、17、41工控2025Q36.21%，環(huán)比上升1.06pct2024Q3-2025Q34.60%5.67%5.59%5.14%6.21%984+014pc02Q322Q35.79.89569.70、9.8420Q3.84（1.7pc178%（+.21pc3.5（1.8pc380+3.4pc6.64%（+.48pc20（0.5pc）10.2+130pc。電力設(shè)備板塊總體2025Q31.81%，環(huán)比上升0.33pct電力設(shè)備板塊2024Q3-2025Q3持倉(cāng)比例分別為2.70%、2.12%、1.95%、1.48%、1.81%。1）低壓板塊2025Q3持倉(cāng)環(huán)比下降0.16pct，2024Q3-2025Q32.38%、2.04163.781.12.91（144pc2.1%（+0.0pc。）特高壓板塊0253持倉(cāng)環(huán)比上升.22c，02Q322Q3分別為3.162.612.51.52.71.01+101pc0.3%（0.04c69（+2070.7（0.2pc0253持倉(cāng)環(huán)比上升0.83%0.33%0.31%0.35%0.76%，17（+220pc智能用電20253持倉(cāng)環(huán)比下降.73c，2024Q3-2025Q34.84%3.62%3.01%1.56%1.10%比1.04ct、海興電力139%（+.52pc、三星醫(yī)療1.5（2.3pct。5）中壓板塊2025Q3持倉(cāng)環(huán)比上升2.29%1.62%1.50%、1.745.2（+393pc3.5（0.7pc1.8%（+.80pc02532持倉(cāng)環(huán)比上升.13c204320531.68、1.220.60.700831.1+0.9pc.81（-1.74pc0.71（0.14c，02Q322Q30.4、.36、0.82、0.86%、0.71%。圖8：電力設(shè)備及工控板塊前十大重倉(cāng)占股票總市值趨勢(shì) 、儲(chǔ)能：總體持倉(cāng)上升，溫控/消防、集成/EPS、新型儲(chǔ)能上升，PCS降PCS/EPC/能共48只股票。儲(chǔ)能板塊總體持倉(cāng)占總市值比重為5.60%，環(huán)比-2.20pct。2024Q2-2025Q2持倉(cāng)比例分別為7.92%、8.61%、8.42%、7.80%、5.60%。儲(chǔ)能電池2025Q3整體持倉(cāng)環(huán)比上升2.04pct至7.97%，PCS2025Q3整體下降0.03pct至8.27%儲(chǔ)能電池2025Q3整體持倉(cāng)環(huán)比上升2.04pct至7.97%。其中億緯鋰能占比17.63%（+.05pc129（1.pc3.303.30pc206（1.2pc1.21.24pc。PS20253整體下降0.0t至827其中陽(yáng)光電源持倉(cāng)占比1207（066c360（0.3pc33（1.9pc8.2%（+.28pc0.0%（.pc475（2.9pc。3.4.2.溫控/消防2025Q3上升2.27pct至5.13%溫控消防20253上升2.7pct至5.38.0+2.9c1.0（+.25pc0.66（0.66c0.00%（持平。3.4.3.集成/EPC/運(yùn)營(yíng)2025Q3上升1.34pct至1.98%集成/EPC/運(yùn)營(yíng)2025Q3上升1.34pct至1.98%。其中金盤科技持倉(cāng)占比5.20%（+.93pc365+1.8pc0.4+034pc003（+.03pc。3.4.4.新型儲(chǔ)能2025Q3上升0.35pct至0.92%，便攜式儲(chǔ)能上升1.48pct至1.56%新型儲(chǔ)能2025Q3上升0.35pct至1.48pct至1.56%其中.42（0.27c.08%（+.57pc102（+.02pc0.1（005c000（0.01c148pct至156156（+.48pc。圖9：儲(chǔ)能板塊前十大重倉(cāng)占股票總市值趨勢(shì) 、電新個(gè)股的基金持倉(cāng)環(huán)比增速前十持股占總市值分析2025Q3基金持倉(cāng)環(huán)比增速前十1）中控技術(shù)：2025Q3提升7.21pct至11.78%，基金持股市值約51.33億元。2）華友鈷業(yè)：2025Q3提升6.78pct至13.25%，基金持股市值約165.79億元。3）中礦資源：2025Q3提升6.71pct至10.22%，基金持股市值約36.50億元。4）天賜材料：2025Q3提升6.67pct至8.88%，基金持股市值約64.86億元。5）欣旺達(dá)：2025Q3提升6.38pct至10.29%，基金持股市值約64.21億元。科大智能：2025Q35.78pct5.78%6.10湖南裕能：2025Q35.66pct9.17%42.15尚太科技：2025Q35.44pct5.82%12.70當(dāng)升科技：2025Q35.31pct5.47%19.78捷佳偉創(chuàng)：2025Q35.30pct5.37%18.812025Q3基金持倉(cāng)市值前十寧德時(shí)代：2071.0411.29%-1.11pct。陽(yáng)光電源：405.3512.07%-0.66pct。億緯鋰能：328.1217.63%+5.05pct。匯川技術(shù)：222.749.84%+0.14pct。華友鈷業(yè)：165.7913.25%+6.78pct。東山精密：155.5211.88%+3.31pct。三花智控：127.476.25%+0.96pct。科達(dá)利：77.2414.43%，環(huán)比-1.15pct。比亞迪：76.530.77%-0.97pct。隆基綠能：65.584.81%+0.26pct。2025Q3基金持倉(cāng)降幅前十（602pc（574pc.36pc507pc科泰電源（4.23c（389pc3.3pc3.68pc（2.90c2.90c。2025Q3基金持倉(cāng)市值占總市值比例前十（7.63（14.33.2512.0東山精密（1.88（1781.0.4112910.2。圖10：電新重點(diǎn)個(gè)股持倉(cāng)分析（前十基金持倉(cāng)比例）代碼公司截止25Q3流通市值（億元）截止25Q3總市值（億元）截止25Q3股市值（億元）前十基金持股占總市值比例2025/9/302025/6/302025/3/312024/12/312024/9/302024/6/302024/3/312023/12/312023/9/302023/6/30300014.SZ億緯鋰能1693.921861.61328.1217.63%12.57%13.06%13.52%16.43%18.51%15.59%15.11%15.86%17.07%002850.SZ科達(dá)利385.73535.2577.2414.43%15.59%16.84%20.47%23.56%23.00%22.14%18.36%14.85%17.94%603799.SH華友鈷業(yè)1241.611251.62165.7913.25%6.47%9.28%5.10%9.30%6.20%12.22%11.06%13.81%13.54%300274.SZ陽(yáng)光40.74%13.00%15.59%16.25%17.76%18.99%16.30%15.66%19.43%300750.SZ寧德207.40%13.17%14.58%14.55%12.88%13.25%11.23%11.52%11.66%300124.SZ匯川技術(shù)1987.622262.89222.749.84%9.70%9.56%9.38%5.73%9.33%10.61%10.14%10.48%8.99%002709.SZ天賜材料528.62730.7164.868.88%2.20%1.89%5.20%4.97%7.51%7.92%9.95%8.13%12.82%002028.SZ思源電氣664.44848.6258.996.95%4.88%6.50%9.26%11.04%11.86%15.12%13.46%15.65%15.65%600438.SH通威股份1003.491003.4964.126.39%3.69%3.90%5.20%1.65%2.46%3.96%4.03%5.35%4.41%603659.SH璞泰來(lái)660.57660.5736.575.54%5.51%5.14%4.10%4.41%8.33%8.78%8.14%10.10%11.87%002459.SZ晶澳科技434.38434.8923.635.43%5.54%7.80%9.51%7.13%6.44%10.30%10.45%11.21%16.00%601012.SH隆基股份1364.051364.0565.584.81%4.55%4.90%3.53%1.49%2.83%2.83%3.59%5.30%5.80%688390.SH固德威157.05157.057.464.75%7.65%3.68%0.28%3.09%7.47%0.59%9.62%8.91%7.58%002812.SZ恩捷股份377.58452.1318.774.15%4.60%4.84%5.18%3.91%3.54%4.17%6.86%7.14%9.50%688116.SH天奈科技237.39252.3110.374.11%4.27%4.70%3.91%2.31%2.11%4.90%4.65%3.76%1.48%300763.SZ錦浪科技297.62368.5313.283.60%4.33%0.37%7.44%12.09%7.34%9.05%8.92%8.60%9.15%300037.SZ新宙邦288.39399.1613.733.44%8.80%6.65%14.20%15.13%8.63%10.26%16.53%16.45%16.23%600885.SH宏發(fā)股份384.79384.7910.912.84%4.71%6.62%5.13%5.86%5.26%2.97%3.68%5.12%4.24%002865.SZ鈞達(dá)股份122.32124.142.081.67%0.50%7.25%6.57%0.50%0.03%2.50%0.76%7.02%5.78%603806.SH福斯特409.57409.576.071.48%1.98%2.44%3.21%2.31%4.41%7.18%3.97%4.34%6.81%688005.SH容百科技228.54228.573.241.42%0.52%0.92%0.93%0.07%0.08%1.24%2.79%5.51%2.14%600406.SH國(guó)電南瑞1835.961844.1713.120.71%0.86%0.82%1.36%0.94%1.40%1.58%1.50%1.60%1.52%300919.SZ中偉股份452.97468.082.580.55%0.70%0.80%0.80%0.77%1.12%1.10%1.08%1.71%1.99%300769.SZ德方納米116.59129.760.010.01%0.15%0.04%0.12%0.22%0.00%0.23%1.57%3.26%3.27%300207.SZ欣旺達(dá)577.96624.2664.2110.29%3.91%5.72%5.65%6.52%4.76%3.35%2.97%5.92%4.37%600732.SH愛(ài)旭股份262.05349.9824.426.98%6.96%2.80%0.59%0.14%0.00%0.00%1.11%1.96%5.38%002050.SZ三花智控2015.102038.38127.476.25%5.29%7.06%8.62%8.48%7.71%9.88%14.03%13.61%12.94%300073.SZ當(dāng)升科技335.91361.3619.785.47%0.17%0.02%0.11%0.17%3.23%5.76%5.76%10.04%8.01%002202.SZ金風(fēng)科技618.09632.4931.374.96%1.62%0.56%2.03%1.21%0.45%0.84%1.33%1.42%1.63%002979.SZ雷賽智能104.35148.346.324.26%1.02%1.96%0.20%0.23%0.15%0.00%0.21%2.19%8.66%002460.SZ贛鋒鋰業(yè)1005.391252.4246.203.69%2.23%2.40%2.67%2.14%3.47%3.11%3.41%3.77%5.33%601865.SH福萊特404.12404.1514.573.61%1.78%2.06%3.55%3.33%2.71%3.92%3.63%4.49%5.34%688408.SH中信博103.90103.903.133.02%2.38%3.76%13.88%14.35%6.84%8.04%11.03%11.37%9.57%002407.SZ多氟多221.51244.046.572.69%0.25%0.27%0.27%0.01%2.60%0.18%0.00%0.00%0.00%688599.SH天合光能378.56378.569.292.45%0.57%1.47%7.11%6.73%6.88%15.76%16.42%15.51%14.61%300568.SZ星源材質(zhì)177.10195.783.932.01%0.11%0.00%0.02%0.03%0.12%9.13%9.63%11.25%10.58%002466.SZ天齊鋰業(yè)780.13780.7314.831.90%1.22%1.74%2.46%2.47%3.67%5.85%6.64%5.38%7.29%002192.SZ融捷股份101.91102.121.811.77%0.48%0.77%0.80%0.88%0.87%0.85%1.15%5.31%5.43%688388.SH嘉元科技159.93159.922.661.66%0.25%0.03%0.29%0.02%0.11%1.67%3.69%3.61%5.55%002594.SZ比亞迪7831.069956.8976.530.77%1.74%4.67%2.62%3.20%3.98%2.11%2.08%3.02%3.60%002756.SZ永興材料149.51208.961.180.57%1.65%0.46%4.97%5.84%4.92%6.98%6.99%7.15%10.42%300035.SZ中科電氣132.60155.800.650.42%0.49%1.06%0.71%0.16%0.00%0.10%0.00%0.00%0.16%688680.SH海優(yōu)新材43.2443.240.120.27%2.79%1.97%1.90%0.10%0.40%0.82%0.28%0.00%0.61%603218.SH日月股份151.02151.370.350.23%0.82%0.96%0.25%0.54%0.51%0.87%0.55%3.30%4.51%600110.SH諾德股份116.43116.430.000.00%0.01%0.93%0.00%0.00%0.00%0.00%0.00%1.5、電新各板塊海外持倉(cāng)分析二次設(shè)備板塊1.09（3.4pc4761.28pc4.6+0.4pc8.74+0.5pc3.7+06pc、智能用電3.2+0.9pc2.12（+.4pc9.96（+.37pc129+036pc4.7+0.pc0.4+0.6pc電池930+014pc2.9（0.01pc6.1（0.03pc光伏442（.03pc5.7（0.5pc392（.07pc2.5（0.1pc5.0（0.4pc339（112pc766%（1.49c009（354pc圖11：電新板塊海外持倉(cāng)占自由流通股市值趨勢(shì)、圖12：電動(dòng)車/光伏板塊、電新個(gè)股前十基金持倉(cāng)市值（累加值）、圖13：滬港通持倉(cāng)占自由流通股比重（季度末）2025/9/302025/6/302025/3/312024/12/312024/9/302024/6/302024/3/312023/12/312023/9/30國(guó)電南瑞22.52%31.80%32.60%34.10%34.37%34.36%39.22%39.91%41.48%宏發(fā)股份29.56%27.97%29.94%29.05%27.74%30.98%31.72%30.96%32.99%匯川技術(shù)25.42%24.84%26.91%27.44%30.74%31.81%31.10%32.30%32.29%恩捷股份5.29%5.45%4.32%4.63%6.11%8.36%8.26%8.84%11.06%寧德時(shí)代26.64%24.50%22.40%21.86%20.35%19.58%18.51%17.50%17.69%捷佳偉創(chuàng)3.20%3.32%1.18%1.72%2.14%3.93%4.13%6.73%5.79%正泰電器12.22%13.06%11.45%9.23%7.95%8.69%9.28%6.98%6.59%三花智控8.04%8.66%9.52%12.13%16.49%21.85%28.01%29.12%30.08%璞泰來(lái)6.81%9.27%9.28%10.20%8.25%7.02%14.41%18.48%17.61%隆基綠能6.01%7.66%7.77%6.23%6.77%6.50%7.33%9.23