通威股份有限公司 四川华信（集团）会计师事务所（特殊普通合伙）（以下简称"四川华信"），初始 成立于 1988 年 6 月，2013 年 11 月 27 日改制为特殊普通合伙企业。 注册地址：泸州市江阳中路 28 号楼三单元 2 号；总部办公地址：成都市武侯区 洗面桥街 18 号金茂礼都南 28 楼；首席合伙人：李武林。 四川华信自 1997 年开始一直从事证券服务业务。截至 2024 年 12 月 31 日，四川 华信共有合伙人 51 人，注册会计师 134 人，签署过证券服务业务审计报告的注册会 计师人数 102 人。 四川华信 2024 年度未经审计的收入总额 16,242.59 万元，审计业务收入 16,242.59 万元，其中证券业务收入 13,736.28 万元；四川华信共承担 41 家上市公司 2023 年度财务报表审计，审计收费共计 5,655.00 万元。上市公司客户主要行业包括： 制造业；电力、热力、燃气及水生产和供应业；农、林、牧、渔业；信息传输、软件 和信息技术服务业和建筑业等。四川华信审计的除公司外，与公司同属农、林、牧、 渔业或光伏行业的上市公司为 1 家。 二、执业记录 签字项目 ...

股票代码：600438 股票简称：通威股份 公告编号：2025-042 债券代码：110085 债券简称：通 22 转债 通威股份有限公司 关于续聘会计师事务所的公告 重要内容提示： ● 拟聘任的会计师事务所名称：四川华信（集团）会计师事务所（特殊普通合伙） 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、拟聘任会计师事务所的基本情况 （一）机构信息 1、基本信息 四川华信（集团）会计师事务所（特殊普通合伙）（以下简称"四川华信"）初始成 立于 1988 年 6 月，2013 年 11 月 27 日改制为特殊普通合伙企业。 注册地址：泸州市江阳中路 28 号楼三单元 2 号；总部办公地址：成都市武侯区洗 面桥街 18 号金茂礼都南 28 楼；首席合伙人：李武林。 四川华信自 1997 年开始一直从事证券服务业务。截至 2024 年 12 月 31 日，四川 华信共有合伙人 51 人，注册会计师 134 人，签署过证券服务业务审计报告的注册会计 师人数 102 人。 四川华信 2024 年度未经审计的收入总额 16,242. ...

股票代码：600438 股票简称：通威股份 公告编号：2025-038 债券代码：110085 债券简称：通 22 转债 关于 2025 年开展票据池业务的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 通威股份有限公司（以下称"公司"）于 2025 年 4 月 27 日召开了第八届董事会第 二十七次会议，审议通过了《关于 2025 年开展票据池业务的议案》，现将相关情况公 告如下： 一、票据池业务情况概述 （一）业务概述 票据池业务是指合作银行向公司提供的集票据托管、托收、质押融资、票据贴现、 票据代理查询、业务统计等功能的一揽子金融服务，主要解决公司在购销活动中收付票 据期限错配、金额错配问题，帮助公司实现票据资源的统筹使用。 公司及子公司可以将尚未到期的存量票据用作质押开具不超过质押金额的票据，用 于支付供应商货款等，质押票据到期后存入保证金账户，与质押票据共同形成质押/担 保额度，额度可滚动使用，保证金余额可用新的票据置换。 （二）业务实施主体 本公司及子公司。 通威股份有限公司 （三）合作银行 拟开展票据池业务 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 15,933,400,532, a decrease of 18.58% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 2,592,750,476.3, representing a decline of 229.56% year-on-year[5]. - The basic earnings per share for the period was -0.5759, down 229.46% from -0.1748 in the previous year[6]. - Total revenue for Q1 2025 was CNY 15,933,400,532.91, a decrease of 18.5% compared to CNY 19,570,420,152.69 in Q1 2024[18]. - Net profit for Q1 2025 was a loss of CNY 647,102,617.34, compared to a loss of CNY 3,043,028,227.01 in Q1 2024[19]. - Basic and diluted earnings per share for Q1 2025 were both CNY -0.5759, compared to CNY -0.1748 in Q1 2024[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 209,045,313,145, an increase of 6.70% from the end of the previous year[6]. - As of March 31, 2025, the total assets of the company reached RMB 209,045,313,145.76, an increase from RMB 195,916,763,061.99 as of December 31, 2024, reflecting a growth of approximately 6.5%[14]. - The company's current assets totaled RMB 80,914,777,076.18, up from RMB 66,192,918,621.75, indicating a significant increase of about 22.3%[14]. - Total liabilities amounted to RMB 151,037,134,428.35, compared to RMB 137,997,611,563.26, reflecting an increase of about 9.3%[16]. - The company's long-term borrowings rose to RMB 55,801,967,715.90 from RMB 51,244,335,868.59, indicating an increase of approximately 8.8%[16]. Cash Flow - The cash flow from operating activities was a net outflow of CNY 1,456,552,356, slightly worse than the outflow of CNY 1,393,906,280 in the same period last year, a change of -4.49%[5]. - Cash flow from operating activities in Q1 2025 was CNY -1,393,906,280.02, slightly improved from CNY -1,456,552,356.06 in Q1 2024[24]. - Cash inflow from investment activities in Q1 2025 was CNY 5,820,282,885.96, down from CNY 7,933,467,875.90 in Q1 2024[24]. - Cash outflow for purchasing fixed assets in Q1 2025 was CNY 2,454,851,526.24, compared to CNY 7,428,327,350.02 in Q1 2024[24]. - The total cash and cash equivalents at the end of the period reached ¥26,537,261,731.46, up from ¥18,637,090,202.89[25]. Shareholder Information - The company reported a total of 277,906 common shareholders at the end of the reporting period[10]. - The top shareholder, Tongwei Group Co., Ltd., holds 45.2% of the shares, amounting to 2,036,534,487 shares[11]. - The company has not indicated any significant changes in shareholder relationships or actions among the top shareholders during the reporting period[12]. Financial Expenses - The company reported a significant increase in financial expenses, totaling CNY 670,923,166.37, up 142.19% year-on-year due to expanded financing[9]. - The company reported a significant increase in financial expenses, with interest expenses rising to CNY 711,061,068.60 in Q1 2025 from CNY 397,561,256.20 in Q1 2024[18]. Inventory and Compensation - The company's inventory rose to RMB 15,455,394,417.54, compared to RMB 12,633,286,216.02, marking an increase of around 22.5%[14]. - The company reported a decrease in employee compensation payable to RMB 1,379,441,509.40 from RMB 2,025,362,738.36, a reduction of about 31.9%[16]. Other Financial Activities - The net cash inflow from financing activities amounted to ¥13,953,767,691.38, compared to ¥15,732,110,251.60 in the previous period[25]. - Cash received from borrowings totaled ¥11,017,164,952.98, while cash outflow for debt repayment was ¥2,523,441,388.36[25]. - The company distributed dividends and interest payments amounting to ¥209,600,227.07[25]. - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥11,194,137.46[25]. - The cash outflow from financing activities totaled ¥3,806,468,519.83, compared to ¥2,484,207,375.12 in the previous period[25]. - The cash inflow from other financing activities was ¥3,596,722,991.56[25]. - The initial cash and cash equivalents balance was ¥13,957,909,757.22[25]. Industry Impact - The company attributed the decline in revenue and profit to a significant drop in prices across the photovoltaic industry chain compared to the previous year[8]. Accounting Standards - The company will not apply new accounting standards starting from 2025[25].

股票代码：600438 股票简称：通威股份 公告编号：2025-040 债券代码：110085 债券简称：通 22 转债 同时，为提高工作效率，及时办理融资业务，授权严虎先生在上述期限和额度内审 核并签署与金融机构的融资事项，当与金融机构的单笔融资超过 60 亿元人民币（或等 值外币），或期限超过二十年的（含二十年），则由刘汉元先生或董事长审核并签署。以 上业务发生时不再上报董事会进行签署，不再对金融机构另行出具董事会融资决议。 特此公告。 通威股份有限公司 董事会 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●本次授信额度：公司预计 2025 年向金融机构申请授信总额不超过 1,800 亿元人 民币（或等值外币）。 ●履行的审议程序：公司于 2025 年 4 月 27 日召开第八届董事会第二十七次会议、 第八届监事会第二十一次会议，审议通过了《关于 2025 年申请综合授信的议案》，该 议案尚须提交公司 2024 年年度股东大会审议。 为不断提高公司的运行效率，降低资金成本，提高风险抵抗能力以应对不断变化 ...

| 四川华信(集团)会计师事务所 地址:成都市洗面桥街 18 号金茂礼都南28 楼 | | --- | | 电话:(028) 85560449 | | (特殊普通合伙) 传真:(028) 85560449 | | 邮编:610041 | | SI CHUAN HUA XIN (GROUP) CPA (LLP) 电邮: schxzhb@hxcpa.com.cn | 通威股份有限公司 2024 年度非经营性资金占用及其他关联资金往来情况的专项说明 川华信专(2025) 第 0397 号 目录: 1.通威股份有限公司 2024 年度非经营性资金占用及其他关联资金往来情况的专项说明正文 2.通威股份有限公司 2024 年度非经营性资金占用及其他关联资金往来情况汇总表 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.n 通威股份有限公司 手前说明 通威股份有限公司 2024 年度非经营性资金占用及其他关联资金往来情况的 专项说明 川华信专(2025)第 0397 号 通威股份有限公司全体股东: 我们接受委托,审计了通威股份有限公司(以下简称"通威股份")财务报表,包括2024 年12月31 ...

Group 1 - The core point of the article is that Tongwei Co., Ltd. reported a significant decline in revenue and a net loss for the first quarter of 2025, primarily due to a sharp drop in prices within the photovoltaic industry [1] Group 2 - For the first quarter of 2025, the company's operating revenue was 15.933 billion yuan, representing a year-on-year decrease of 18.58% [1] - The net profit for the same period was a loss of 2.593 billion yuan [1] - The decline in key financial metrics such as operating revenue, net profit attributable to shareholders, and net cash flow from operating activities was attributed to the substantial price drop of the company's main products compared to the same period last year [1]

Core Viewpoint - The China Securities Green Energy Index has experienced a decline in recent months, reflecting challenges in the green energy sector and the performance of its constituent companies [2]. Group 1: Index Performance - The China Securities Green Energy Index opened lower and fluctuated, down 0.82% to 3612.6 points with a trading volume of 24.847 billion yuan [1]. - Over the past month, the index has decreased by 7.44%, by 1.07% over the last three months, and has fallen by 5.27% year-to-date [2]. Group 2: Index Composition - The index comprises 50 listed companies involved in solar, wind, hydro, hydrogen energy, and lithium battery sectors, aiming to reflect the overall performance of green energy theme stocks [2]. - The top ten weighted companies in the index are: - Changjiang Electric Power (17.46%) - BYD (16.81%) - CATL (14.57%) - LONGi Green Energy (4.71%) - Sungrow Power Supply (4.65%) - EVE Energy (2.61%) - Huayou Cobalt (2.38%) - Tongwei Co. (2.3%) - Ganfeng Lithium (1.78%) - Chuanwei Energy (1.73%) [2]. Group 3: Market and Sector Breakdown - The index's holdings are primarily listed on the Shenzhen Stock Exchange (60.50%), followed by the Shanghai Stock Exchange (39.15%) and the Beijing Stock Exchange (0.35%) [2]. - In terms of industry distribution, the index's holdings are composed of: - Industrial sector (53.87%) - Utilities (20.47%) - Consumer discretionary (16.81%) - Materials (8.44%) - Information technology (0.41%) [2]. Group 4: Index Adjustment Mechanism - The index samples are adjusted semi-annually, with adjustments implemented on the next trading day following the second Friday of June and December each year [3]. - Weight factors are adjusted in accordance with sample changes, typically remaining fixed until the next scheduled adjustment, unless special circumstances necessitate a temporary adjustment [3]. Group 5: Related Investment Funds - Public funds tracking green energy include the Huabao China Securities Green Energy ETF [4].

Core Viewpoint - The article discusses the challenges faced by three prominent women in the renewable energy sector who have recently taken over leadership roles in their respective family businesses during a downturn in the industry, highlighting their need to navigate both internal company dynamics and external geopolitical pressures [1][2]. Group 1: Company Leadership Transitions - Liu Shuqing became the leader of Tongwei Group in March 2023, but the company faced revenue and profit declines shortly after her appointment, leading to significant losses in the 2024 fiscal year [3]. - Jiang Anqi took over as the head of Tianqi Lithium after eight years of experience, but the company reported a loss of 7.9 billion in her first year, marking its worst performance in history [3]. - Gao Haichun, who has been involved in the photovoltaic industry since childhood, faced setbacks when plans for a subsidiary's IPO were halted, resulting in a valuation drop from 20 billion to 7 billion [3]. Group 2: Industry Challenges - The renewable energy sector is experiencing a downturn due to overcapacity, leading to price drops in both upstream materials and downstream products [2][4]. - The U.S. has imposed significant tariffs on Chinese photovoltaic products, with cumulative tariffs reaching 104% on solar products and 82.4% on lithium batteries, complicating the operational landscape for these companies [4]. Group 3: Strategic Responses - Companies are shifting their focus to overseas markets to mitigate the impact of U.S. tariffs, with Tongwei Group exploring opportunities in Australia and Mexico, while Tianqi Lithium aims to reduce its reliance on the U.S. market [5]. - The leadership of these companies is leveraging their international education backgrounds to facilitate global expansion and navigate complex trade environments [5]. - Despite the challenges, the companies maintain strong market positions and are expected to recover as they capitalize on technological innovations and cost advantages [6].

重要内容提示： | 回购方案首次披露日 | 2024/4/30 | | --- | --- | | 回购方案实施期限 | 2024/4/28~2025/4/27 | | 预计回购金额 | 200,000万元~400,000万元 | | 回购价格上限 | 36.00元/股 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 实际回购股数 | 101,688,812股 | | 实际回购股数占总股本比例 | 2.2588% | | 实际回购金额 | 200,781.50万元 | | 实际回购价格区间 | 17.43元/股~22.94元/股 | 一、 回购审批情况和回购方案内容 通威股份有限公司于 2024 年 4 月 28 日召开第八届董事会第十八次会议，审议通 过了《关于以集中竞价交易方式回购股份方案的议案》，同意公司使用自有资金以集中 竞价交易方式回购公司 A 股股份，回购资金总额为不低于人民币 20 亿元（含）且不超 过人民币 40 亿元（含），回购价格上限为 36.00 元/股（含），本次回购实施期限为自 公司 ...