本报告依据中国资产评估准则编制 双良节能系统股份有限公司拟收购股权 涉及的江苏双良新能源装备有限公司 股东全部权益价值项目 资产评估报告 华辰评报字(2023)第 0249 号 (共1册,第1册) 资产评估有限公司 SSETS APPRAISA HUACHE HUACHEN CPV -0. O O o 0 O 0 o 0 0 0 中国资产评估协会 资产评估业务报告备案回执 | 报告编码: | 3232200039202300277 | | --- | --- | | 合同编号: | 华辰约字(2023)00250号 | | 报告类型: | 非法定评估业务资产评估报告 | | 报告文号: | 华辰评报字(2023)第0249号 | | 报告名称: | 双良节能系统股份有限公司拟收购股权涉及的工办 双良新能源等备有限公司股东全部权益价值 火日 | | 评估结论: | 4.440.878.400.00元 | | 评估报告日: | 2023年08月22日 | | 评估机构名称: | 江苏天健华辰资产评估有限公司 | | 签名人员: | 会员编号:32200075 (资产评估师) 郑彩红 | | | 会员编号:3221 ...

证券代码：600481 证券简称：双良节能 编号：2023-091 双良节能系统股份有限公司 关于董事辞职暨增补董事的公告 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、董事辞职情况 双良节能系统股份有限公司（以下简称"公司"）近日收到公司董事缪双大 先生的书面辞职报告。缪双大先生因身体原因申请辞去公司董事职务。辞职后， 缪双大先生将不再担任公司任何职务。 鉴于缪双大先生辞去董事职务后将导致公司董事人数少于 8 人，根据《公司 法》及《公司章程》等相关规定，在公司股东大会选举产生新任董事前，缪双大 先生仍将继续履行其作为董事的相关职责。公司董事会将按照有关规定，尽快完 成新任董事的补选工作。 公司及公司董事会对缪双大先生在任职期间为公司发展所做的贡献表示衷 心感谢！ 二、补选董事情况 为保障公司规范运作，公司于 2023 年 8 月 25 日召开了八届三次董事会，审 议通过了《关于董事辞职暨增补董事的议案》，同意选举王法根先生为公司第八 届董事会非独立董事候选人（简历详见附件），任期自公司 2023 年第二次临时股 ...

证券代码：600481 证券简称：双良节能 公告编号：2023-083 双良节能系统股份有限公司 关于召开 2023 年半年度业绩说明会的公告 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。 重要内容提示： 会议召开时间：2023 年 08 月 30 日(星期三) 下午 13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址:https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 08 月 23 日(星期三)至 08 月 29 日(星期二)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 600481@shuangliang.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 双良节能系统股份有限公司（以下简称"公司"）将于 2023 年 8 月 26 日发 布公司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半 年度经营成果 ...

证券代码：600481 证券简称：双良节能 公告编号：2023-082 双良节能系统股份有限公司 向不特定对象发行可转换公司债券发行结果公告 保荐人（联席主承销商）：中国国际金融股份有限公司 联席主承销商：华泰联合证券有限责任公司 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： 主承销商）余额包销。 一、 本次可转债原股东优先配售结果 本次发行原股东优先配售的缴款工作已于 2023 年 8 月 8 日（T 日）结束，配 售结果如下： | 类别 | 配售数量（手） | 配售金额（元） | | --- | --- | --- | | 原股东 | 2,050,532 | 2,050,532,000.00 | 二、 本次可转债网上认购结果 本次发行原股东优先配售后余额部分（含原股东放弃优先配售部分）的网上 认购缴款工作已于 2023 年 8 月 10 日（T+2 日）完成。本公告一经刊出即视同向已 参与网上申购并中签且及时足额缴款的网上投资者送达获配通知。根据上交所和 中国结算上海分公司提供的数据，本次发行的联席主承销 ...

证券代码：600481 证券简称：双良节能 公告编号：2023-081 双良节能系统股份有限公司 向不特定对象发行可转换公司债券 网上中签结果公告 保荐人（联席主承销商）：中国国际金融股份有限公司 联席主承销商：华泰联合证券有限责任公司 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。 根据《双良节能系统股份有限公司向不特定对象发行可转换公司债券发行公 告》，发行人双良节能系统股份有限公司及本次可转债发行的保荐人（联席主承 销商）中国国际金融股份有限公司、联席主承销商华泰联合证券有限责任公司于 2023 年 8 月 9 日（T+1 日）主持了双良节能系统股份有限公司向不特定对象发 行可转换公司债券（以下简称"双良转债"）网上发行中签摇号仪式。摇号仪式按 照公开、公平、公正的原则在有关单位代表的监督下进行，摇号结果经上海市东 方公证处公证。现将中签结果公告如下： | 末尾位数 | 中签号码 | | --- | --- | | 末"5"位数 | 79638，99638，59638，39638，19638 | | 末"6"位数 ...

证券代码：600481 证券简称：双良节能 公告编号：2023-080 双良节能系统股份有限公司 向不特定对象发行可转换公司债券 网上中签率及网下配售结果公告 保荐人（联席主承销商）：中国国际金融股份有限公司 联席主承销商：华泰联合证券有限责任公司 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： | 类别 | 中签率/配 售比例 | 有效申购数量 | 实际配售数 | 实际获配金额 | | --- | --- | --- | --- | --- | | | （%） | （手） | 量（手） | （元） | | 原股东 | 100 | 2,050,532 | 2,050,532 | 2,050,532,000.00 | | 网上社会公众投 资者 | 0.00551815 | 9,957,460,249 | 549,468 | 549,468,000.00 | | 网下机构投资者 | - | - | - | - | | 合计 | | 9,959,510,781 | 2,600,000 | 2,600,000,000. ...

证券代码：600481 证券简称：双良节能 公告编号：2023-056 双良节能系统股份有限公司 二、说明会召开的时间、地点 关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 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： 会议召开时间：2023 年 05 月 19 日(星期五)上午 10:00-11:30 会议召开地点：上海证券交易所上证路演中心（请登录网站地址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 05 月 12 日(星期五)至 05 月 18 日(星期四)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 600481@shuangliang.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 双良节能系统股份有限公司（以下简称"公司"）已分别于 2023 年 4 月 25 日、2023 年 4 月 28 日发布了公司 2022 年年度报告及 2 ...

Financial Performance - Operating revenue for Q1 2023 reached CNY 5,463,075,775.80, an increase of 215.02% year-on-year[8] - Net profit attributable to shareholders was CNY 501,668,472.53, reflecting a growth of 315.06% compared to the same period last year[8] - Basic earnings per share for the quarter were CNY 0.2696, up 262.97% from the previous year[8] - Total revenue for the quarter reached 618,743,480.65, a significant increase from 165,830,535.21 in the previous year, representing a year-over-year growth of approximately 272%[21] - Net profit for the quarter was 536,308,507.80, compared to 135,701,445.56 in the same period last year, indicating a growth of about 295%[21] - Total comprehensive income attributable to the parent company was CNY 501,053,864.11, up from CNY 122,012,027.59 year-on-year[35] - The company’s total comprehensive income for the period was CNY 535,693,899.38, compared to CNY 136,848,295.48 in the previous year[35] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 602,235,924.88, a decrease of 89.86% year-on-year[8] - Operating cash flow showed a net outflow of -602,235,924.88, worsening from -317,199,618.89 in the previous year[24] - Cash and cash equivalents at the end of the period totaled 1,985,270,660.96, an increase from 832,552,416.07 at the end of the previous year[25] - Cash received from sales of goods and services reached CNY 3,423,117,201.86, a significant increase from CNY 795,239,640.19 in the same period last year[52] - The company reported a net cash flow from operating activities of CNY 3,423,117,201.86 for the first quarter[52] Borrowings and Financing - Short-term borrowings increased by 49.33%, attributed to new bank loans taken during the period[4] - Long-term borrowings surged by 216.20%, indicating a substantial increase in financing activities[4] - Interest expenses rose to 72,819,103.71 from 17,517,828.95, representing a substantial increase of approximately 315%[21] - The company received cash inflows from financing activities amounting to 2,403,622,892.80, compared to 745,000,000.00 in the prior year, marking a significant increase[25] Assets and Liabilities - The total liabilities amounted to ¥17,214,352,731.48, up from ¥15,028,973,692.74 in the previous year[33] - Total assets increased by 12.46% to CNY 24,677,115,852.36 compared to the end of the previous year[43] - Non-current assets totaled CNY 11,471,187,891.54, an increase from CNY 10,102,886,154.78 year-on-year[52] - The company reported a total asset impairment loss of -¥2,181.65 million, mainly due to increased provisions for bad debts on contract assets[27] Expenditures - Development expenditures rose by 104.58%, reflecting increased capitalized project spending[4] - Research and development expenses surged to 105,507,775.89, up from 57,114,689.15, reflecting an increase of approximately 85% year-over-year[21] - Research and development expenses amounted to ¥84.73 million, driven by the company's efforts to explore new products and market areas[27] Other Income and Receivables - The company reported a significant increase in other receivables, up 233.23%, primarily due to an increase in subsidy receivables[4] - Other income increased significantly to 123,061,696.27 from 3,112,889.10, showcasing a growth of around 3,855% year-over-year[21] - The company experienced an increase in other income to ¥3,853.30 million, primarily due to increased government subsidies during the reporting period[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,349[27] - The company's total equity attributable to shareholders reached ¥7,342,397,264.97, compared to ¥6,828,695,455.95 in the previous year[33] - Equity attributable to shareholders of the listed company rose by 7.52% to CNY 7,342,397,264.97[43]

Financial Performance - The company's net profit for 2022 reached CNY 486,292,360.62, with a 10% legal surplus reserve of CNY 48,629,236.06 allocated[3]. - As of December 31, 2022, the distributable profit for shareholders was CNY 712,749,581.45, while the consolidated undistributed profit was CNY 1,325,830,782.30[3]. - The basic earnings per share for 2022 was CNY 0.5767, representing a 203.53% increase compared to 2021[29]. - The diluted earnings per share for 2022 was CNY 0.5764, also reflecting a 203.37% increase from the previous year[29]. - The weighted average return on equity increased to 22.10%, up by 8.59 percentage points from 2021[29]. - The return on equity after deducting non-recurring gains and losses was 20.76%, an increase of 10.38 percentage points compared to the previous year[29]. - The company's operating revenue for 2022 was ¥14,476,358,560.67, representing a 277.99% increase compared to ¥3,829,777,747.99 in 2021[48]. - The net profit attributable to shareholders for 2022 was ¥956,024,696.81, a 208.27% increase from ¥310,129,032.89 in 2021[48]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥898,020,073.07, up 276.96% from ¥238,229,334.08 in 2021[48]. - The company's total assets at the end of 2022 reached ¥21,943,394,969.33, a 144.06% increase from ¥8,991,009,380.33 in 2021[48]. - The net assets attributable to shareholders increased to ¥6,828,695,455.95, reflecting an increase of 183.82% from ¥2,406,027,426.90 in 2021[48]. - The total comprehensive income for the current period was approximately 955 million, with a decrease in other comprehensive income of approximately 982,689.26[69]. Cash Flow and Investments - The net cash flow from operating activities for 2022 was -¥3,429,651,258.41, a significant decrease compared to ¥91,821,191.82 in 2021, indicating a decline of 3,835.14%[48]. - The company generated RMB 4.73 billion in net cash flow from financing activities, a substantial increase of 526.94% year-on-year[61]. - The company reported a net cash flow from financing activities of 4,730,163,009.13 RMB, compared to 754,487,229.56 RMB in 2021, indicating a substantial increase in financing[95]. - The company's investment activities generated a cash flow of -787,592,187.06 RMB, slightly improved from -849,334,677.65 RMB in 2021[95]. Market and Product Development - The company is actively pursuing market expansion and new product development strategies[39]. - The company plans to continue investing in new technologies and product development to enhance its competitive edge in the market[56]. - The company is focusing on expanding its market presence through a combination of direct sales and participation in tenders[56]. - The company plans to expand its market presence and invest in new product development in the upcoming fiscal year[74]. - The company is focusing on the photovoltaic industry, leveraging opportunities in the polysilicon market[197]. Research and Development - Research and development expenses reached RMB 402.59 million, an increase of 142.32% compared to the previous year[61]. - Total R&D investment amounted to ¥502,171,733.57, representing 3.47% of operating revenue[170]. - The company has a total of 1,239 R&D personnel, accounting for 24.20% of the total workforce[171]. - The company has 2 PhD holders and 35 Master's degree holders among its R&D personnel, indicating a strong educational background[171]. - The age structure of R&D personnel shows that 514 are under 30 years old, representing a youthful workforce[171]. Risks and Compliance - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute substantive commitments to investors[4]. - The company has not reported any violations of decision-making procedures regarding external guarantees[5]. - There are no significant risk warnings applicable to the company at this time[6]. - The company has no significant risks that could adversely affect its future development strategy and operational goals[39]. Sales and Revenue - The revenue from the energy-saving sector reached approximately ¥2.74 billion, with a year-over-year increase of 7.01%, while the gross margin decreased by 3.95 percentage points to 23.5%[180]. - The photovoltaic energy sector generated approximately ¥11.52 billion in revenue, with a year-over-year increase of 849.51%, but the gross margin decreased by 14.15 percentage points to 14.6%[183]. - The revenue from direct sales amounted to approximately ¥14.26 billion, reflecting a year-over-year increase of 278.12%, while the gross margin decreased by 11.56 percentage points to 16.3%[183]. - The company has signed significant sales contracts for monocrystalline silicon wafers, with a total contract value of ¥90.78 million, of which ¥69.71 million has been fulfilled in the reporting period[188]. Production and Supply Chain - The production of monocrystalline silicon wafers increased by 5,115.94% year-over-year, while sales volume increased by 5,107.32%[186]. - The company has established stable supply chain relationships with major silicon material producers, ensuring stable production of silicon rods[200]. - The company has locked in quartz sand supply in advance to meet the production needs of monocrystalline silicon rods[200]. - The cooling systems company achieved sales revenue of 1.142 billion RMB in 2022, representing a year-on-year growth of 19.77%[195]. - The heat exchanger division realized sales revenue of 605 million RMB, with a year-on-year increase of 47.36%[197]. - The company's large-size monocrystalline silicon business generated sales revenue of 8.605 billion RMB, with production capacity expected to reach 40GW by the end of 2022[200].

Financial Performance - The company's operating revenue for Q3 2022 was ¥4,449,043,204.06, representing a year-over-year increase of 337.03%[6] - Net profit attributable to shareholders for Q3 2022 was ¥476,962,815.75, up 539.28% compared to the same period last year[6] - The basic earnings per share for Q3 2022 was ¥0.2767, reflecting an increase of 505.40% year-over-year[8] - The net profit attributable to shareholders for the year-to-date period was ¥830,292,624.35, reflecting a 368.83% increase compared to the same period last year[6] - Total revenue for the first three quarters of 2022 reached ¥8,745,480,444.27, a significant increase from ¥2,267,461,979.71 in the same period of 2021[35] - The net profit for the third quarter was approximately ¥888.89 million, a significant increase compared to ¥192.00 million in the same period last year, representing a growth of over 363%[38] - The operating profit for the third quarter was approximately ¥1.04 billion, compared to ¥235.46 million in the previous year, reflecting a growth of over 342%[38] - The total comprehensive income for the third quarter was approximately ¥891.42 million, compared to ¥196.52 million in the same period last year, marking an increase of over 353%[40] - Basic earnings per share for the third quarter were ¥0.4938, compared to ¥0.1085 in the same period last year, representing an increase of approximately 355%[40] Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥23,429,074,745.74, a 160.58% increase from the end of the previous year[8] - The total assets of the company as of the reporting date were ¥23,429,074,745.74, compared to ¥8,991,009,380.33 in the previous year[32] - Total liabilities reached ¥16,674,363,343.03, an increase from ¥6,532,683,855.31 year-over-year[32] - The company’s total non-current assets amounted to ¥9,236,655,956.05, compared to ¥4,037,656,058.94 in the previous year[32] - The total owner's equity reached ¥6,754,711,402.71, up from ¥2,458,325,525.02 year-over-year[32] Cash Flow - Cash generated from operating activities for the year-to-date period was negative at -¥2,755,567,813.67, indicating a significant cash outflow[6] - The net cash flow from operating activities was negative at RMB -53,845.67 million, mainly due to increased material procurement and prepayments related to new project launches[16] - The cash flow from operating activities showed a net outflow of approximately ¥2.76 billion, compared to a slight outflow of ¥5.11 million in the previous year[46] - The company incurred a cash outflow of approximately ¥5.93 billion for purchasing goods and services in the third quarter, compared to ¥1.33 billion in the previous year[46] Shareholder Information - The company reported a total of 56,535 common shareholders at the end of the reporting period[17] - The top ten shareholders held a significant portion of shares, with the largest shareholder owning 329,370,517 shares, representing 17.61% of total shares[19] Research and Development - Research and development expenses increased to RMB 108.06 million, reflecting the company's investment in new product and market development[16] - Research and development expenses amounted to ¥242,965,370.41, up from ¥116,776,273.42 year-over-year[35] Financing Activities - The company reported a total cash inflow from financing activities of approximately ¥6.64 billion, compared to ¥910 million in the previous year[46] - The company has engaged in financing activities, resulting in a net cash flow from financing activities of RMB 1,055.64 million, attributed to the receipt of funds from share issuance and increased borrowings[16] - Long-term borrowings increased to RMB 88.62 million, primarily due to new bank loans taken during the period[16] Market Strategy - The company plans to continue expanding its market presence and investing in new projects and technologies[6] Government Subsidies - The company received increased government subsidies, contributing to other income of RMB 346.84 million for the period[16]