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宏发股份高压直流继电器业务发展历程
宏发股份高压直流继电器业务发展历程
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所属报告：
宏发股份-高压直流破茧化蝶传统继电器跨越周期-220628（49页）.pdf
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白云电器股权结构（截至2026年一季度末）
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行业数据
2026-07-21
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白云电器发展历程
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产业概述
2026-07-21
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图表41中国半导体光电器件测试设备市场规模
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市场规模
2026-07-10
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图表27全球半导体光电器件测试设备市场规模（亿
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市场规模
2026-07-10
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图表28中国半导体光电器件测试设备市场规模（亿
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市场规模
2026-07-10
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图表40全球半导体光电器件测试设备市场规模
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市场规模
2026-07-10
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全球半导体光电器件测试设备市场规模及增
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行业数据
2026-05-27
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中国半导体光电器件测试设备市场规模及增
fCDlubTku70gICB8IOS4reWbveWNiuWvvOS9k+WFieeUteWZqOS7tua1i+ivleiuvuWkh+W4guWcuuinhOaooe+8iOS6v+WFg++8iSB8IOWinumAn++8iCXvvIkgfAp8LS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tfAp8IDIwMjAgICB8IDE1ICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAtICAgICAgICAgfAp8IDIwMjEgICB8IDE3ICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxMCAgICAgICAgfAp8IDIwMjIgICB8IDE4LjUgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCA4ICAgICAgICAgfAp8IDIwMjMgICB8IDE5ICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAyICAgICAgICAgfAp8IDIwMjQgICB8IDIxICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxNiAgICAgICAgfAp8IDIwMjVFICB8IDI0LjUgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxNCAgICAgICAgfAp8IDIwMjZFICB8IDI3LjUgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxMyAgICAgICAgfAp8IDIwMjdFICB8IDMxICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxMi41ICAgICAgfAp8IDIwMjhFICB8IDM0LjUgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxMiAgICAgICAgfAp8IDIwMjlFICB8IDM4LjUgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgfCAxMS41ICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaRnJvc3QmU3VsbGl2YW7vvIzlhazlj7jmi5vogqHor7TmmI7kuabvvIzlm73mtbfor4HliLjnoJTnqbY=
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2026-05-27
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中国家用电器出口金额规模及同比变化
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2026-05-15
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图42、2025年初至今（2026-04-30）中航光电、航天电器、华丰科技涨跌幅
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行业数据
2026-05-13
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2025A清洁电器国内收入增速较快
fCDlubTku70gfCDnmb3nlLUgfCDmuIXmtIHnlLXlmaggfCDpu5HnlLUgfCDlsI/lrrbnlLUgfCDkvKDnu5/ljqjnlLUgfCDpm4bmiJDngbYgfCDnlLXlt6XnhafmmI4gfCDlrrbnlLXpm7bpg6jku7YgfAp8LS0tLS0tfC0tLS0tLXwtLS0tLS0tLS0tfC0tLS0tLXwtLS0tLS0tLXwtLS0tLS0tLS0tfC0tLS0tLS0tfC0tLS0tLS0tLS18LS0tLS0tLS0tLS0tfAp8IDIwMTggfCAyMiUgIHwgMTUlICAgICAgfCAxNyUgIHwgMTglICAgIHwgMTIlICAgICAgfCAzMiUgICAgfCAyMyUgICAgICB8IDE2JSAgICAgICAgfAp8IDIwMTkgfCAxMCUgIHwgMiUgICAgICAgfCAzJSAgIHwgMTQlICAgIHwgNyUgICAgICAgfCAyMiUgICAgfCAxMSUgICAgICB8IC02JSAgICAgICAgfAp8IDIwMjAgfCAtMiUgIHwgNSUgICAgICAgfCA4JSAgIHwgOCUgICAgIHwgNCUgICAgICAgfCAxMiUgICAgfCAtOCUgICAgICB8IC0xMCUgICAgICAgfAp8IDIwMjEgfCAxOSUgIHwgNTglICAgICAgfCAzNSUgIHwgNSUgICAgIHwgMjUlICAgICAgfCA0MCUgICAgfCAxOCUgICAgICB8IDM2JSAgICAgICAgfAp8IDIwMjIgfCAzJSAgIHwgMjUlICAgICAgfCAtNSUgIHwgOSUgICAgIHwgMTMlICAgICAgfCAtNSUgICAgfCAyJSAgICAgICB8IDIwJSAgICAgICAgfAp8IDIwMjMgfCAxMSUgIHwgNSUgICAgICAgfCAwJSAgIHwgLTMlICAgIHwgOCUgICAgICAgfCAtOCUgICAgfCAxMiUgICAgICB8IDE5JSAgICAgICAgfAp8IDIwMjQgfCA3JSAgIHwgMTIlICAgICAgfCAyMSUgIHwgLTclICAgIHwgMyUgICAgICAgfCAtNDIlICAgfCA4JSAgICAgICB8IDEzJSAgICAgICAgfAp8IDIwMjUgfCAyJSAgIHwgMjIlICAgICAgfCAxMyUgIHwgMyUgICAgIHwgLTglICAgICAgfCAtNDclICAgfCAzJSAgICAgICB8IDEyJSAgICAgICAgfAoK5pWw5o2u5p2l5rqQ77yaV2luZOOAgei0oumAmuivgeWIuOeglOeptuaJgA==
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2026-05-11
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2026-05-11
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布局于微时，十年坚守，尽享新能源汽车行业发展机遇。公司于 2012 年实施“七个小巨人”战略，在继电器领域中，大力发展带有方向性的新产品如高压直流继电器、轨道交通继电器、新能源用继电器等。2013 年，公司通过非公开发行股票，将募集资金中的 3.5 亿元投资建设“高压直流继电器与电表组件产业化项目”。公司高压直流继电器业务发展并非一帆风顺，2014 年与 2017 年全球新能源汽车行业下行都对该业务造成了一定冲击，公司仍始终坚定该业务发展路线不动摇。在多年坚守下，成功把握新能源汽车行业发展东风，高压直流继电器业务快速发展壮大。目前，公司已经与全球多个主流车企达到合作协议，2021 年公司高压直流继电器产品全球销售额市占率达到 36%。
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宏发股份-高压直流破茧化蝶传统继电器跨越周期-220628（49页）.pdf
宏发股份&海拉的客户已覆盖国内外主流车企
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