Share some practical tips: Who are you targeting next Monday? Yunnan Energy? Hangzhou Electric? Shunna? Han Cable?

1. Setting the Tone: Sanbian Technology vs. Hangdian Shares — Original Core vs. Central Army / Trend Core [Taogu Ba]

1. Sanbian Technology: The initial emotional core of the smart grid sector, the sector igniter

Position: The absolute emotional leader and pioneer of the first wave. The earliest to start, the earliest to hit the daily limit, and the earliest to reach new heights, serving as the sector’s ignition point. Highest standing, strongest recognition, the “true dragon” of the first wave.

Current status: Repeatedly active but has retreated to “old dragon / popular stock.” Yunnan Energy Holdings has since overtaken and become the trend’s main leader. Hanlan and Shunna have also overtaken, becoming new daily limit leaders for supplementary gains. Current role: One of the sector’s emotional anchors, a popular stock, an arbitrage target, no longer the leading core.

Essence: The fate of the emotional dragon — initiates first, peaks first, repeatedly active, but difficult to become the main dragon of a new cycle again.

2. Hangdian Shares: The central army / trend core, capacity leader
   Position: The central army of the smart grid + computing power sector, trend leader, capacity core. Not purely a sector leader hitting daily limits, but a big capital group rallying together and accelerating trend movement. Larger market cap, better capacity, resonance between institutions and retail investors, making it one of the “sea anchors” of the sector.

Logic is stronger: The three resonating logic of Ultra High Voltage (UHV) + optical communication + computing power supply.

Current status: Forms a “dual core” with Yunnan Energy Holdings. Yunnan Energy leans toward computing power + electricity, while Hangdian leans toward UHV + optical communication + power grid. Both drive each other and confirm each other, jointly supporting the large cycle of computing power/electric grid.

Essence: Central army / trend dragon — steady, long-lasting, large capacity, the foundation of the big cycle.

2. Yunnan Energy Holdings: The latecomer rising as the main computing power leader, dual trend + emotional core

Why did it rise later?

1. More advanced logic, more aligned with current mainline:

(1) Sanbian / Hangdian are pure power grid / UHV.

(2) Yunnan Energy is integrated computing power (computing + electricity + energy storage), directly linked to the major AI computing power trend.

(3) Mainline level: computing power > pure power grid.

2. Positioning + trend + capacity resonance:

(1) Rises later but holds the highest position, strongest trend, largest capacity.

(2) Accelerating trend + hitting daily limits is the standard path for a true dragon.

3. Sector’s “sea anchor”:

(1) Yunnan Energy’s limit-down = sector collapse; weak performance = all supplementary gains pressured.

(2) This underscores its status as the main dragon.

3. Shunna Shares and Hanlan Shares: Why can they rise later? — The inevitable pattern of supplementary gains

Since Sanbian and Hangdian can be overtaken by Yunnan Energy, why can’t Shunna and Hanlan?

1. Clarify first: the positioning of Shunna and Hanlan — supplementary gain dragons (intraday emotional dragons)

(1) They are not main dragons but are supplementary gains within the Yunnan Energy / Hangdian cycle.

(2) Their rise later is about “intraday hitting new highs,” not “sector’s overall main dragon position.”

2. Three inevitable conditions for late-stage supplementary gains

(1) Main dragons follow the trend without hitting daily limits → room for supplementary gains as Yunnan Energy and Hangdian accelerate, not hitting daily limits every day. Main dragons do not compete for daily limit heights, leaving room for supplementary gain dragons (Shunna, Hanlan) to upgrade their daily limit status. This is a prerequisite for late-stage supplementary gains.

(2) The supplementary gain dragons catch up in position and have stronger order book → Sanbian, the old dragon, repeatedly hits high positions, often breaks the limit, with weak order book. Shunna and Hanlan are new supplementary gain stocks, starting from low positions, hitting limits cleanly, with stronger order books. Passive limit-downs and active re-entries are strong; breaking limits and then re-breaking is weak. Shunna and Hanlan’s stronger order books enable them to rise later and become intraday daily limit leaders.

(3) Hanlan was once a subordinate of Sanbian → now making a comeback is a normal iteration in the supplementary gain cycle. The first wave: Sanbian is the leader, Hanlan is a follower. In the new cycle: Sanbian has aged and weakened, Hanlan has strengthened and become more solid in order book. This is the iteration of sector leaders: old leaders weaken, new leaders (supplementary gains) rise to become the new intraday core. But even if Hanlan is strong, it remains a supplementary gain of Yunnan Energy, not the main dragon.

4. One sentence summary

1. Position ranking (from high to low):

Main dragon: Yunnan Energy Holdings (integrated computing + electricity, dual trend + emotional core, sector’s life and death)

Central army / trend core: Hangdian Shares (UHV + optical communication + computing power, big capital rally, one of the dual cores)

Original emotional dragon / old dragon: Sanbian Technology (first wave igniter, now repeatedly active, a popular stock)

Supplementary gain dragon (intraday emotional dragon): Shunna Shares, Hanlan Shares (supplementary gains within Yunnan Energy cycle, PK order book, whoever is stronger is the intraday dragon)

2. The essence of late-stage rise

Yunnan Energy overtaking Sanbian / Hangdian: upgraded mainline logic + trend + capacity resonance → becomes the main dragon.

Shunna / Hanlan overtaking Sanbian: main dragon follows the trend without daily limits + stronger PK order book → becomes the intraday daily limit leader.

But Shunna / Hanlan can never overtake Yunnan Energy because they are supplementary gains, while Yunnan Energy is the main dragon; supplementary gains depend on the main dragon, which determines their fate.

5. Practical conclusion

Sanbian is the old dragon, Hangdian is the central army, Yunnan Energy is the main dragon. Shunna and Hanlan are supplementary gains, PK order book to see who is stronger, but they are all followers of Yunnan Energy. Supplementary gains can rise later than old dragons but can never overtake the main dragon. When the main dragon is alive, supplementary gains are alive; when the main dragon dies, all supplementary gains collapse.