2025 年 1 月，我们团队发布报告《SMR 下一轮行情在哪儿》，系统对比了 SMR 与 SOFC、传统大型核电等路线的差异。在 DeepSeek 出现并扰动市场对 AI 电力负荷的预期背景下，我们结合 AI 产业扩张趋势与 SMR“灵活、稳定、模块化”的技术特征，判断 2025 年美国 SMR 商业化将受到三股力量共同推动：1）AI 科技巨头的 数据中心用电与供能布局；2）特朗普政府在核监管的政策取向；3）SMR 头部企业加速推进的示范与募投项目。2025 年 9 月，我们团队发布报告《美国 SMR 产业链进入加速兑现期》，再次阐述美国核电商业化在 2025 年显示出明显加速发展的进程，从监管、供应链、燃料、AI 数据中心发展需求等不同角度论述其进展。

锂电行业：场景拓展打开增量空间，龙头引领固态技术升级

电子行业：立讯展出AR眼镜和陪护机器人，看好端侧AI产业趋势－AI消费电子行业观点报告

电力设备行业：智元精灵G2发布，26年放量在即，关注核心供应链及应用场景合作商－电新前沿观察

电力设备行业：固态电池负极的三问三答－跟踪报告

电力设备与新能源行业：受益AI与充电桩倍增规划等，功率半导体持续复苏

电力行业：电力增值税政策调整，存量陆风退税政策废止

Marine cables are specialized cables utilized for navigation, communication, power distribution, and safety systems on ships, boats, and other marine vessels.

Packaged wastewater treatment involves processes used for treating wastewater that is produced by various industries, such as chemical, pharmaceutical, oil and gas, and food and beverage. Packaged wastewater treatment equipment aids in removing impurities from effluent released by various municipalities, using various purification processes in a pre-engineered and self-contained facility.

An offshore wind cable laying vessel is a specialized ship designed to install and bury subsea power cables that connect offshore wind turbines to onshore grids. Equipped with advanced positioning systems, cable handling equipment, and trenching tools, these vessels ensure precise cable placement and protection on the seabed. They are crucial for efficient offshore wind farm operations, supporting power transmission in both shallow and deep waters.