双良节能系统股份有限公司董事会 l 董事会 十九日 双良节能系统股份有限公司(以下简称"公司")董事会共有三位独立董事, 分别为樊高定先生、张伟华先生和沈鸿烈先生,三人在 2024年度任职时间均为 2024 年 1 月 1 日—2024 年 12 月 31 日。公司于近日收到三位独立董事提交的《独 立董事 2024年度独立性自查情况表》,公司董事会对三位独立董事的独立性情况 进行了评估,并出具如下意见：公司三位独立董事樊高定先生、张伟华先生和沈 鸿烈先生符合《上市公司独立董事管理办法》、《上海证券交易所股票上市规则》、 《上海证券交易所上市公司自律监管指引第１号一规范运作》中对独立董事独立 性的相关要求,在 2024年度不存在影响独立性的情形。 关于独立董事独立性情况的专项意见 ...

| 证券代码：600481 | 证券简称：双良节能 | 公告编号：2025-023 | | --- | --- | --- | | 转债代码：110095 | 转债简称：双良转债 | | 双良节能系统股份有限公司 关于为全资子公司提供担保的公告 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个别及连带责任。 重要内容提示： 一、担保情况概述 为保障公司全资子公司双良硅材料（包头）有限公司与恒利晶硅新材料（内 蒙古）有限公司大尺寸单晶硅业务及双良新能科技(包头)有限公司高效光伏组件 业务新一年度实际经营的资金需求，公司拟为双良硅材料（包头）有限公司、双 良新能科技(包头)有限公司及恒利晶硅新材料（内蒙古）有限公司提供总额不超 过 150 亿元人民币的融资担保，担保额度有效期为自公司 2024 年年度股东大会 审议通过之日起十二个月。 本次新增担保的被担保人均为公司合并报表范围内的全资子公司,包括但不 限于以下全资子公司，计划新增担保额度明细如下： 单位：万元人民币 | 资产总额 | | | 1,440,390.00 | | --- | - ...

重要内容提示： 双良节能系统股份有限公司（以下简称"公司"）八届六次董事会审议通过 了《关于续聘会计师事务所》的议案，同意续聘天衡会计师事务所（特殊普通合 伙）为公司 2025 年度审计机构，本事项尚需提交公司 2024 年年度股东大会审议。 现将具体情况公告如下： 一、拟聘任会计师事务所的基本情况 | 证券代码：600481 | 证券简称：双良节能 | 公告编号：2025-020 | | --- | --- | --- | | 转债代码：110095 | 转债简称：双良转债 | | 双良节能系统股份有限公司 关于续聘会计师事务所的公告 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个别及连带责任。 （一）机构信息 （5）历史沿革：天衡会计师事务所（特殊普通合伙）前身为始建于 1985 年的江苏会计师事务所，1999 年脱钩改制，2013 年转制为特殊普通合伙会计师 事务所。 （6）是否曾从事过证券服务业务：是 （7）职业风险基金计提：2024 年末，天衡会计师事务所已提取职业风险基 金 2,445.10 万元。 （8）职业保险累计赔偿 ...

| 证券代码：600481 | 证券简称：双良节能 | 公告编号：2025-026 | | --- | --- | --- | | 转债代码：110095 | 转债简称：双良转债 | | 双良节能系统股份有限公司 关于 2024 年度"提质增效重回报"行动方案评估报告 暨 2025 年度"提质增效重回报"行动方案的公告 本公司监事会及全体监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个别及连带责任。 为深入贯彻党的二十大和中央金融工作会议精神，落实国务院《关于进一步提高上 市公司质量的意见》要求，积极响应上海证券交易所发布的《关于开展沪市公司"提质 增效重回报"专项行动的倡议》，践行"以投资者为本"理念，推动公司高质量可持续 发展与投资价值提升，切实保护投资者尤其是中小投资者合法权益，双良节能系统股份 有限公司（以下简称"公司"）结合实际的经营情况和发展战略，于 2024 年 8 月 30 日 制定并发布了公司 2024 年度"提质增效重回报"行动方案（以下简称"行动方案"）。 2024 年度，公司切实履行并持续评估行动方案的具体举措，现将实施效果的评估 ...

一、审计委员会基本情况 双良节能系统股份有限公司第八届董事会审计委员会现由独立董事张伟华、 沈鸿烈和副董事长缪志强3名成员组成,主任委员由具备会计学副教授职称的张 伟华先生担任。 二、审计委员会年度会议召开情况 2024年度,公司审计委员会共召开了 2 次会议: | 召开 | 会议内容 | 重要意见和建议 | | --- | --- | --- | | 日期 | | | | 2024 | 审议通过了以下议案: | 审计委员会委员一致认为公司 2023 | | 年4月 | (1)《2023年度财务决算报告》 | 年年度报告和 2024年第一季度报 | | 25 日 | (2)《2024年度财务预算报告》 | 告公允地反映了公司的财务状况和 | | | (3)《关于2023年年度报告及其摘要的议 | 经营成果,一致同意将前述议案提 | | | 案》 | 交第八届四次董事会审议:审计委 | | | (4)《董事会审计委员会 2023年度工作报 | 员会委员一致认为公司内控正常有 | | | 告》 | 效,公司内部控制体系与相关制度 | | | (5)《关于2023年度内部控制评价报告及 | 能够适应公司管理的要求和 ...

1、审议通过《关于预计2025年度日常关联交易的议案》 表决结果:同意:3票,反对:0票,弃权:0票 双良节能系统股份有限公司 (本页无正文,为《双良节能系统股份有限公司独立董事关于八届董事会独立董事专 门会议2025年第一次会议的审查意见》之签署页) 八届董事会独立董事专门会议2025年第一次会议的审查意见 變局元 根据中国证券监督管理委员会《上市公司独立董事管理办法》《上市公司治理 准则》以及《公司章程》《独立董事工作制度》等相关规定,双良节能系统股份有 限公司(以下简称"公司")独立董事于2025年4月28日召开了八届董事会独立董事专 门会议2025年第一次会议,审议通过如下议案: 本次拟审议的日常关联交易事项遵循了公平、公正、公允的原则,没有损害公 司和中小股东的利益,符合中国证券监督管理委员会和上海证券交易所的有关规定。 我们同意将该议案提交公司八届六次董事会审议。 张伟华 沈鸿烈 二〇二五年四月二十八日 ...

座机：0510-86632358 邮箱：600481@shuangliang.com 网址：www.shuangliang.com 年度环境、社会及 公司治理报告 2024 1 2 双良节能系统股份有限公司 2024 年度环境、社会及公司治理报告 目录 CONTENTS 目录 | 关于本报告 | 1 | | --- | --- | | 董事长致辞 | 3 | 关于双良节能 责任治理 | ESG 管理体系 | 12 | | --- | --- | | 利益相关方沟通 | 12 | | 双重重要性议题分析 | 13 | | 影响、风险与机遇管理 | 16 | 年度专题 01 夯基固本 奠定发展基石 | 明确发展战略 | 33 | | --- | --- | | 规范公司治理 | 34 | | 强化内控合规 | 37 | | 维护股东权益 | 43 | 绿色突破，启新未来 02 03 04 | 公司简介 | 5 | | --- | --- | | 业务介绍 | 5 | | 全球布局 | 6 | | 企业文化 | 6 | | 历史沿革 | 7 | | 2024 年荣誉奖项 | 9 | | 2024 年亮点绩效 | 1 ...

Financial Performance - The company reported a net profit of ¥173,493,699.82 for the fiscal year 2024, with a total distributable profit of ¥605,280,656.73 as of December 31, 2024[7]. - The company has decided not to distribute profits for the fiscal year 2024, following a dividend payout of ¥935,330,625.50 in 2023[7]. - As of December 31, 2024, the consolidated undistributed profit stands at -¥563,788,868.79, indicating a negative retained earnings situation[7]. - The company's operating revenue for 2024 was approximately ¥13.04 billion, a decrease of 43.68% compared to ¥23.15 billion in 2023[26]. - The net profit attributable to shareholders was a loss of approximately ¥2.13 billion, representing a decline of 242.10% from a profit of ¥1.50 billion in 2023[26]. - The basic earnings per share for 2024 was -¥1.1406, down 242.10% from ¥0.8027 in 2023[27]. - The total assets at the end of 2024 were approximately ¥27.73 billion, a decrease of 7.84% from ¥30.09 billion at the end of 2023[26]. - The net cash flow from operating activities for 2024 was -¥1.03 million, a significant decline from ¥1.33 billion in 2023[26]. - The weighted average return on equity for 2024 was -36.07%, down from 21.15% in 2023, indicating a substantial decrease in profitability[27]. - The company reported a total of ¥90.24 million in non-recurring gains for 2024, compared to ¥158.78 million in 2023[30]. Governance and Compliance - The company has received a standard unqualified audit opinion from Tianheng Accounting Firm for the fiscal year 2024[6]. - There are no significant risks identified that could adversely affect the company's future development strategies and operational goals[11]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[9]. - The company has not violated any decision-making procedures regarding external guarantees[10]. - The board of directors and supervisory board members have all attended the board meeting, ensuring governance compliance[5]. - The company has a history of maintaining accurate and complete financial reporting, as stated by its management[4]. - The company is committed to transparency and has disclosed its annual report through designated media channels[21]. - The company has established a governance structure that complies with relevant laws and regulations, enhancing operational transparency and accountability[117]. - The board of directors consists of 8 members, including 3 independent directors, ensuring compliance with legal requirements and effective decision-making[121]. - Internal control systems are in place to ensure compliance and safeguard assets, with regular audits conducted to assess effectiveness[127]. Market and Industry Trends - The company's main business segments include energy-saving and water-saving equipment, new energy equipment, and photovoltaic products, with applications across various industrial fields such as power generation, metallurgy, and clean energy[36]. - The energy-saving equipment market in China is projected to exceed 500 billion CNY by 2024, with the waste heat recovery equipment market alone expected to surpass 100 billion CNY[39]. - The heat exchanger market in China is forecasted to grow from 90.02 billion CNY in 2023 to 99.21 billion CNY by 2026, with a compound annual growth rate of 3.29%[40]. - The company maintains a strong position in the lithium bromide chiller market, holding over 80% market concentration among the top five competitors[39]. - The demand for cooling systems in data centers is expected to grow significantly, driven by the ongoing development of data infrastructure in China[39]. - The competitive landscape for hydrogen energy is intensifying, with over 200 domestic electrolytic cell companies, and the top five companies holding a combined order scale of 0.83 GW, indicating a market concentration decrease of 5% compared to 2023[47]. Research and Development - The company has established a three-tiered R&D innovation system focusing on carbon neutrality, with 13 collaborative research projects launched in the reporting period[38]. - The company is focusing on hydrogen energy technology, with advancements in electrolyzer performance, aiming to create a green low-carbon industrial system[65]. - The company has applied for 15 new patents in 2024, including 7 related to bromine cooling technology and 7 for electric refrigeration technology[48]. - The company continues to focus on technological innovation, holding over 300 patents and leading in the development of energy-efficient products[61]. - The company plans to leverage its existing multi-crystalline silicon reduction furnace business to expand into the silicon wafer and module sectors, enhancing customer relationships and collaboration[65]. Environmental Initiatives - The company has implemented a zero discharge policy for wastewater, ensuring all treated wastewater is released into local treatment facilities[178]. - The company has obtained ISO9001, ISO14001, and ISO45001 certifications, with new certificates issued in 2024[177]. - The company has established a long-term mechanism for environmental protection, continuously improving monitoring and management practices[178]. - The company has implemented effective measures to control and reduce pollutant emissions in its production processes[181]. - The company has conducted comprehensive environmental testing to ensure compliance with national laws and regulations[178]. Future Outlook and Strategy - The company aims to enhance its core competitiveness in the "dual carbon" economy by focusing on energy conservation and expanding its photovoltaic new energy business[110]. - The company plans to maintain a steady development strategy while pursuing quality improvement and efficiency enhancement in 2025[111]. - The company intends to accelerate its international expansion while maintaining its traditional markets and targeting emerging sectors[111]. - Future guidance indicates a continued focus on innovation and market expansion, with expectations of further revenue growth in the upcoming quarters[134]. - The company is actively pursuing mergers and acquisitions to enhance its competitive position in the energy sector[134].

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,078,655,535.27, a decrease of 51.06% compared to ¥4,247,775,168.79 in the same period last year[4] - The net profit attributable to shareholders was -¥161,271,551.83, an improvement of 45.27% from -¥294,661,296.94 year-on-year[4] - The basic earnings per share improved by 45.33% to -¥0.0861 from -¥0.1575 in the same period last year[4] - The company reported a 57.89% reduction in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to -¥164,846,796.51 compared to -¥391,478,165.30 last year[4] - The company reported a significant decrease in sales revenue from ¥3.31 billion in Q1 2024 to ¥1.43 billion in Q1 2025[22] - Net profit for Q1 2025 was a loss of approximately ¥163.41 million, an improvement from a loss of ¥294.44 million in Q1 2024[20] Cash Flow and Investments - The net cash flow from operating activities increased by 53.47% to ¥358,198,141.54, compared to ¥233,391,954.99 in the previous year[4] - The company's cash flow from investing activities increased by 91.92%, primarily due to reduced cash payments for fixed assets and intangible assets[9] - Investment activities resulted in a net cash outflow of approximately ¥23.76 million in Q1 2025, compared to a net outflow of ¥294.15 million in Q1 2024[23] - Financing activities generated a net cash outflow of approximately ¥358.96 million in Q1 2025, compared to a net inflow of ¥182.27 million in Q1 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥27,510,439,772.13, a slight decrease of 0.80% from ¥27,731,165,581.57 at the end of the previous year[5] - The company's current assets totaled ¥11,925,835,933.25, slightly down from ¥11,960,253,567.84 in the previous period[15] - The company's short-term borrowings increased to ¥7,849,253,540.55 from ¥7,106,866,337.51, indicating a rise of approximately 10.4%[16] - The total liabilities of the company were reported at ¥22,897,984,140.94, compared to ¥22,953,774,837.57 previously, showing a slight decrease[16] - The company's total equity attributable to shareholders decreased to ¥4,610,329,925.01 from ¥4,773,125,048.53, a decline of approximately 3.4%[16] Inventory and Costs - The company experienced a 52.69% decrease in operating costs, attributed to lean management and a decline in raw material prices for photovoltaic products[8] - Total operating costs for Q1 2025 were approximately ¥2.30 billion, down 48.9% from ¥4.51 billion in Q1 2024[19] - The company's inventory increased to ¥1,730,451,428.97 from ¥1,551,762,408.03, reflecting a growth of approximately 11.5%[14] Other Financial Metrics - The weighted average return on equity improved by 0.81 percentage points to -3.44% from -4.25% year-on-year[5] - The company reported a significant decrease of 98.13% in other income, mainly due to a reduction in government subsidies received during the period[8] - The company experienced a credit impairment loss of approximately ¥18.03 million in Q1 2025, compared to a loss of ¥42.43 million in Q1 2024[20] Shareholder Information - The company reported a total of 10,000,000 shares held by Beijing Jingneng Energy Technology M&A Investment Fund, indicating significant shareholder involvement[12] Accounting Changes - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[24]