协鑫科技(03800)发布截至2025年6月30日止六个月中期业绩，收入57.35亿元(人民币，下同);研发费用 3.53亿元。 2025年1月–6月，公司市占率已经达到24.32%，而2024年公司市占率约14.58%，显著提升。 凭借着持续不断的工艺优化、技术提升以及材料迭代，公司颗粒硅产品的质量呈现出稳中有升，不断解 码颗粒硅的极限。基于颗粒硅产品纯度的优异性和稳定性，客户对公司颗粒硅的粘附力不断增强，双方 的合作关系愈发紧密、稳固。据Infolink统计，2025年7月份，颗粒硅的成交价格首次超过传统N型緻密 块料。 公告称，公司凭借颗粒硅技术，拥有自己的核心竞争力，在行业中展现出显著的生存优势。期内，公司 产品力不断提升，客户粘性不断加强，迎来发展的又一新阶段。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不會就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 GCL Technology Holdings Limited 協鑫科技控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3800） 截至2025年6月30日止六個月 之中期業績公告 截至2025年6月30日止六個月 | | | 截至6月30日止六個月 | | | --- | --- | --- | --- | | | | 2025年 | 2024年 | | | 附註 | 人民幣千元 | 人民幣千元 | | | | （未經審核） | （未經審核） | | 收入 | 4 | 5,734,660 | 8,862,876 | | 銷售成本及所提供的服務 | | (6,434,908) | (9,415,523) | | 毛虧 | | (700,248) | (552,647) | | 其他收入 | | 461,672 | 488,812 | | 分銷及銷售開支 | | (103,887) | (1 ...

消息面上，据每日经济新闻报道，有消息称部分光伏玻璃企业开始对9月新单报价，其中，2.0mm单层 镀膜(面板)基准价企业报价上调至13元/平方米，较7月新单价格上调2元/平方米。光伏玻璃龙头福莱特 工作人员在电话中对记者表示，光伏玻璃报价一般是一月一议，9月新单报价还在和客户商议中。 智通财经APP获悉，光伏股盘中走高，截至发稿，信义光能(00968)涨5.03%，报3.34港元；协鑫科技 (03800)涨2.52%，报1.22港元；新特能源(01799)涨1.34%，报6.8港元；福莱特玻璃(06865)涨0.87%，报 10.47港元。 中金指出，工业和信息化部等部门联合召开光伏产业座谈会，部署进一步规范光伏产业竞争秩序工作， 再次提及产能、价格、质量等一贯的内容，市场对会议的预期点在组件价格能否提升并传导上游涨价， 而近期华润3GW、华电20GW的开标价格均高于前期市场价。但总体而言，下游涨价幅度依然较弱，而 全行业硅料库存量在50万吨左右，且仍在累库过程中，后续仍需关注各环节的涨价和成交情况。 ...

中金指出，工业和信息化部等部门联合召开光伏产业座谈会，部署进一步规范光伏产业竞争秩序工作， 再次提及产能、价格、质量等一贯的内容，市场对会议的预期点在组件价格能否提升并传导上游涨价， 而近期华润3GW、华电20GW的开标价格均高于前期市场价。但总体而言，下游涨价幅度依然较弱，而 全行业硅料库存量在50万吨左右，且仍在累库过程中，后续仍需关注各环节的涨价和成交情况。 光伏股盘中走高，截至发稿，信义光能(00968)涨5.03%，报3.34港元；协鑫科技(03800)涨2.52%，报1.22 港元；新特能源(01799)涨1.34%，报6.8港元；福莱特（601865）玻璃(06865)涨0.87%，报10.47港元。 消息面上，据每日经济新闻报道，有消息称部分光伏玻璃企业开始对9月新单报价，其中，2.0mm单层 镀膜(面板)基准价企业报价上调至13元/平方米，较7月新单价格上调2元/平方米。光伏玻璃龙头福莱特 工作人员在电话中对记者表示，光伏玻璃报价一般是一月一议，9月新单报价还在和客户商议中。 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 8月28日，全国工商联在辽宁沈阳发布"2025中国民营企业500强"榜单。江苏省苏州市三家企业表现突 出，其中恒力集团有限公司位居榜单第三位，盛虹控股集团有限公司位列第九位，协鑫（集团）控股有 限公司排名第51位。 恒力集团不仅位居榜单第三位，更是以8715亿元的营业收入成为江苏省民营企业 的领头羊。 此次500强榜单上，江苏共有多家企业上榜。这些企业共同构筑了江苏民营经济的坚实基础，也从侧面 解释了为什么江苏能够成为全国经济最发达的省份之一。 | | 企业名称 | 黑保 | 营收总额 | | --- | --- | --- | --- | | | | | (万元) | | | 京东集团 | 北京市 | 115881900 | | 2 | 阿里巴巴 (中国) 有限公司 | 浙江省 | 98176700 | | 3 | 恒力集团有限公司 | 江苏省 | 87152079 | | 4 | 华为投资控股有限公司 | 广东省 | 86207200 | | 5 | 比亚迪股份有限公司 | 广东省 | 77710246 | | 6 | 腾讯控股有限 ...

茲提述協鑫科技控股有限公司（「本公司」）日期為2025年7月11日之公告，內容有關臨 時變更本公司網站（「變更網站公告」）。除本公告另有所指外，本公告所用詞彙與變 更網站公告所界定者具有相同涵義。 本公司董事會謹此宣佈，本公司網站(http://www.gcltech.com)將於2025年8月27日起恢 復使用。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 GCL Technology Holdings Limited 協鑫科技控股有限公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （股份代號：3800） 公告 恢復公司網站 於本公告日期，董事會包括執行董事朱共山先生（主席）、朱鈺峰先生、朱戰軍先生、 孫瑋女士、蘭天石先生及楊文忠先生；以及獨立非執行董事何鍾泰博士、沈文忠博士、 李俊峰先生及葉棣謙先生。 承董事會命 GCL Technology Holdings Limited 協鑫科技控股有限公司 主席 朱共山 香港， ...

Group 1 - The Hong Kong photovoltaic stocks generally rose, with notable increases including 3.5% for Shanshan New Energy, 2.5% for GCL-Poly Energy, and over 2% for Xinyi Solar [1][1][1] - The China Photovoltaic Industry Association recently issued an initiative to strengthen industry self-discipline, advocating for strict compliance with laws and regulations to combat malicious competition through pricing below cost [1][1][1] - Experts believe that as the process of "anti-involution" in the photovoltaic industry continues, the adjustment of polysilicon prices will gradually be accepted by the downstream market, leading to component prices returning to cost levels soon [1][1][1] Group 2 - The entire industry is expected to maintain low production loads and low profit margins as a new norm [1][1][1] - The push for "anti-involution" in the photovoltaic sector should not only focus on manufacturing but also emphasize the importance of the asset side [1][1][1]

Investment Rating - The report maintains a "Recommended" investment rating for the renewable energy sector, indicating a positive outlook for the industry [7]. Core Insights - The report highlights significant improvements in the performance of the renewable energy sector, particularly in the photovoltaic (PV) and wind power segments, driven by national strategic initiatives aimed at reducing competition and enhancing industry stability [4][5]. - The photovoltaic industry is currently at the bottom of its cycle, with future policy measures expected to be critical in shaping the industry's trajectory towards high-quality development [4]. - The wind power sector is experiencing a favorable supply-demand structure, with increasing profitability among companies, particularly in offshore wind projects [4]. Weekly Market Review - From August 18 to August 22, 2025, the Shanghai Composite Index rose by 3.49%, while the Shenzhen Component Index and the ChiNext Index increased by 4.57% and 5.85%, respectively. The Shenwan Electric Power Equipment Index rose by 2.28%, underperforming the CSI 300 by 1.90 percentage points [2][13]. - Within sub-sectors, photovoltaic equipment saw a rise of 3.47%, while wind power equipment decreased by 0.90% [2][13]. Key Sector Tracking - Longi Green Energy reported a revenue of 32.8 billion yuan for the first half of 2025, a decline of 14.83% year-on-year, with a net loss of 2.569 billion yuan, significantly reduced from a loss of 5.23 billion yuan in the same period last year [3][34]. - The report emphasizes the importance of government subsidies and the impact of market pricing on operational losses within the photovoltaic sector [3][34]. Investment Recommendations - For the photovoltaic sector, the report suggests focusing on companies with clear alpha potential in the silicon material, glass, and battery segments, as well as new technologies and leading manufacturers [4]. - In the wind power sector, the report recommends attention to companies with strong performance in offshore wind projects and related supply chains, such as Goldwind Technology and Orient Cable [4]. Industry Performance Data - The report notes that the cumulative installed capacity of new energy storage in China reached 101.3 GW by mid-2025, marking a year-on-year growth of 110% [22]. - The average utilization hours of power generation equipment decreased by 188 hours compared to the previous year, indicating challenges in the overall energy market [26]. Company Announcements - EVE Energy reported a revenue increase of 30.06% year-on-year for the first half of 2025, driven by strong performance in both power and energy storage battery segments [24]. - JA Solar's net loss narrowed significantly, reflecting improved operational efficiency and market conditions [24]. Price Trends - The report provides insights into the price trends of key materials in the industry, including polysilicon and battery cells, indicating a general upward trend in prices due to supply constraints and increased demand [22][23].

Group 1 - The core viewpoint of the article highlights a positive trend in the photovoltaic sector, with several companies like Aiko Solar and Hongyuan Green Energy showing improved performance in the first half of the year, either reducing losses or turning profitable [1] - Companies such as GCL-Poly Energy (03800), Xinyi Solar (00968), and Flat Glass (06865) have seen their stock prices increase, indicating a bullish sentiment in the market [1] - The report from Everbright Securities indicates that recent bidding prices for components have risen significantly, which is expected to alleviate losses for manufacturing companies [1] Group 2 - The photovoltaic industry is undergoing a "de-involution" process, with adjustments in polysilicon prices being gradually accepted by the downstream market, suggesting that component prices may soon return to cost levels [1] - The industry is likely to maintain low production loads and low profit margins as a new norm, emphasizing the importance of both manufacturing and asset management in the sector [1] - There is a cautionary note regarding the potential impact of policy changes on the profitability of power station companies, particularly in relation to Document No. 136 and the manufacturing sector [1]

光大证券发布研报称，本周华润、华电两次组件投标的成交均价位于0.7103-0.7461 元/W，价格明显上 涨，有利于减少制造端企业亏损程度。价格上涨是电站企业对反内卷政策的积极响应，也会对市场情绪 产生积极影响。但需要警惕电站企业收益率会受136号文和制造端的双重挤压，后续需关注政策如何进 一步刺激需求，预计碳相关政策或加速。 智通财经APP获悉，光伏股午后涨幅扩大，截至发稿，协鑫科技(03800)涨4.2%，报1.24港元；信义光能 (00968)涨3.45%，报3.3港元；福莱特玻璃(06865)涨2.14%，报10.5港元；信义玻璃(00868)涨1.76%，报 8.66港元。 消息面上，据上证报报道，爱旭股份、弘元绿能等部分光伏组件厂商出现业绩好转态势，上半年实现减 亏或扭亏。专家认为，在光伏行业"反内卷"进程持续推进的背景下，随着多晶硅环节的价格调整逐步被 下游市场接纳，组件价格回归成本线上指日可待。全行业维持低负荷生产、低毛利率水平，或将成为常 态。此外，光伏行业推进"反内卷"，不能仅聚焦制造端发力，资产端的作用同样关键。 ...