9月9日，爱旭股份盘中下跌2.05%，截至11:19，报16.27元/股，成交4.20亿元，换手率1.60%，总市值 297.14亿元。 资金流向方面，主力资金净流出3624.84万元，特大单买入2153.24万元，占比5.12%，卖出3551.49万 元，占比8.45%；大单买入8081.76万元，占比19.23%，卖出1.03亿元，占比24.53%。 爱旭股份今年以来股价涨47.64%，近5个交易日涨9.27%，近20日涨15.23%，近60日涨36.04%。 今年以来爱旭股份已经1次登上龙虎榜，最近一次登上龙虎榜为2月7日。 资料显示，上海爱旭新能源股份有限公司位于浙江省义乌市苏溪镇好派路699号，成立日期1996年8月12 日，上市日期1996年8月16日，公司主营业务涉及太阳能电池的研发、生产和销售。主营业务收入构成 为：太阳能组件74.44%，太阳能电池片18.58%，受托加工5.63%，技术咨询服务0.69%，其他(补 充)0.65%，智慧能源业务0.00%。 爱旭股份所属申万行业为：电力设备-光伏设备-光伏电池组件。所属概念板块包括：BC电池、TOPCon 电池、光伏玻璃、太阳能、增持回购等。 ...

（编辑 李家琪） 证券日报网讯 9月8日晚间，爱旭股份发布公告称，近日，公司与中信银行股份有限公司义乌分行签署 《最高额保证合同》，为子公司浙江爱旭在该机构办理的综合授信业务提供6.50亿元的连带责任保证担 保。截至本公告发布日，公司为子公司、子公司为其他子公司累计提供且尚在存续期的担保总额为 233.31亿元，占公司最近一期经审计净资产的656.42%。其中，在上述担保余额项下实际债务余额为 140.96亿元。 ...

证券代码：600732 股票简称：爱旭股份 编号：临 2025－082 上海爱旭新能源股份有限公司 关于为子公司提供担保的进展公告 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： 担保对象及基本情况 | | 被担保人名称 | 浙江爱旭太阳能科技有限公司（以 下简称"浙江爱旭"） | | | --- | --- | --- | --- | | | 本次担保金额 | 亿元 6.50 | | | 担保对象 | 实际为其提供的担保余额 | 亿元（含本次） 119.19 | | | | 是否在前期预计额度内 | 是 □否 | □不适用：_________ | | | 本次担保是否有反担保 | □是 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保总额（亿元） | 233.31 | | 对外担保总额占上市公司最近一 期经审计净资产的比例（%） | 656.42 | | 特别风险提示 ...

Core Insights - The report highlights breakthroughs in solid-state battery technology by leading companies such as EVE Energy, Putailai, and Xiamen Tungsten, benefiting from advancements in the energy storage sector [1][3] - A new supply-demand cycle is anticipated in the industry, emphasizing the importance of leading companies and flexible strategies [2] Group 1: Solid-State Battery Developments - EVE Energy's solid-state battery research institute in Chengdu has unveiled the "Longquan No. 2" all-solid-state battery, featuring a capacity of 10Ah and an energy density of 300Wh/kg, aimed at humanoid robots [1][3] - The Chengdu facility is being constructed in two phases, with the first phase expected to be completed by December 2025, achieving a manufacturing capacity of 60Ah batteries [3] - The solid-state battery industry aims to reach an energy density of 400Wh/kg and 1000Wh/L by 2025, accelerating the industrialization process [3] Group 2: Energy Storage Market Growth - Global energy storage battery shipments are projected to reach 258GWh in the first half of 2025, representing a year-on-year increase of 106% [1][4] - Chinese companies dominate the global energy cell shipment rankings, holding all top ten positions and accounting for 91.2% of the global market share [1][4] - Emerging overseas markets, such as Saudi Arabia, Australia, and Chile, have seen Chinese companies secure 199 new overseas energy storage orders, totaling over 160GWh, a year-on-year growth of 220.28% [4] Group 3: Photovoltaic and Silicon Industry Insights - The Chinese energy storage sector continues to gain global market share, with companies like CATL, Sungrow, EVE Energy, and others benefiting from this trend [4] - The Ministry of Industry and Information Technology has issued a plan to eliminate "involution" competition in the photovoltaic sector, promoting orderly development and capacity management [4][5] - China's polysilicon production reached 596,000 tons in the first half of 2025, with GCL-Poly's granular silicon cash cost dropping to 25.31 yuan/kg, potentially leading to profitability by August-September [5]

Core Viewpoint - The photovoltaic industry is transitioning from "price wars" to "value reconstruction," with a comprehensive recovery across the industry chain driven by both policy and market dynamics, benefiting leading companies first [1][2]. Group 1: Industry Recovery - The first half of 2025 marks a significant recovery for the Chinese photovoltaic industry, with nearly half of the 70 listed companies in the photovoltaic equipment sector reporting positive performance [3]. - The recovery is supported by policy-driven market order optimization, which has alleviated price competition issues across the industry chain [3][4]. - The price of polysilicon has been rising since July 2025, with N-type polysilicon prices exceeding 50,000 yuan/ton, indicating a gradual restoration of profitability in the main industry chain [3]. Group 2: Policy and Demand Drivers - A series of targeted policies have been introduced since 2025 to address the industry's pain points related to "low-price disorderly competition" [4]. - The implementation of the revised Anti-Unfair Competition Law on June 27, 2025, prohibits selling products below cash cost, establishing a price floor for the photovoltaic industry [4]. - Strong demand is evident, with domestic new photovoltaic installations reaching 223.25 GW from January to July 2025, a year-on-year increase of 81% [3][4]. Group 3: Investment Opportunities in the Industry Chain - In the polysilicon segment, profitability is recovering significantly, with prices continuing to rise and reaching a maximum increase of 3.37% [5]. - Tongwei Co., Ltd. holds a 30% global market share in high-purity crystalline silicon, with a cash cost of approximately 38,000 yuan/ton, indicating strong cost control [6]. - The silicon wafer segment is transitioning to N-type technology, with N-type silicon wafer penetration expected to exceed 90% by 2025 [7]. Group 4: Technological Advancements and Market Positioning - The battery segment is dominated by TOPCon technology, with a production capacity of 967 GW, accounting for 83% of the market [8]. - JinkoSolar is a leader in N-type TOPCon technology, with a production efficiency exceeding 25% and a significant share of overseas revenue [8]. - The module segment shows clear differentiation, with N-type modules accounting for over 70% of the market, and leading companies like LONGi Green Energy and Trina Solar achieving high power outputs and certifications [9]. Group 5: Storage and New Growth Drivers - The explosive growth in the energy storage sector is a core driver of the current recovery, with increasing demand for photovoltaic and storage system integration [12]. - Sungrow Power Supply Co., Ltd. is a leading player in the energy storage system market, with a global market share of 35% in storage inverters [12].

Group 1 - The company, Aishu Co., announced on the evening of September 4 that it plans to use part of its idle raised funds amounting to 31.5 million yuan to temporarily supplement its working capital [2] - The usage period for these funds will be no more than 12 months from the date of approval by the board of directors [2]

Core Viewpoint - The company, Aishuo Co., announced the approval of a proposal to temporarily use part of its idle raised funds to supplement working capital during the 31st meeting of the 9th Supervisory Board [2] Group 1 - The meeting was held on the evening of September 4 [2] - The proposal aims to address liquidity needs by utilizing idle funds [2]

Meeting Details - The 31st meeting of the 9th Supervisory Board of Shanghai Aisxu New Energy Co., Ltd. was held on September 4, 2025, via communication, with all 3 attending supervisors present [1] - The meeting was convened in accordance with relevant laws and regulations, ensuring the legality and validity of the resolutions made [1] Resolutions Passed - The Supervisory Board approved the proposal to temporarily use part of the idle raised funds to supplement working capital, with a unanimous vote of 3 in favor [2] - The decision to use 315 million yuan of idle raised funds for this purpose is aimed at improving the efficiency of fund utilization and reducing financial expenses, aligning with the interests of all shareholders [2] - The temporary use of idle funds does not alter the intended use of the raised funds or harm shareholder interests, complying with regulatory guidelines [2]

Core Viewpoint - Shanghai Aisuo New Energy Co., Ltd. plans to use part of its idle raised funds amounting to 315 million yuan for temporary working capital, with a usage period not exceeding 12 months from the date of board approval [1][4]. Fundraising Basic Situation - The company raised a total of 2,459,152,555.93 yuan by issuing 206,440,957 shares at a price of 12.11 yuan per share, as approved by the China Securities Regulatory Commission [1]. - The funds were deposited in a dedicated bank account and managed accordingly [1]. Previous Use of Idle Funds - The company previously used 315 million yuan of idle raised funds for temporary working capital, which was fully returned to the dedicated account by September 2, 2025 [2]. Current Plan for Idle Funds - The company aims to use the 315 million yuan for temporary working capital while ensuring that the normal operation of fundraising investment projects is not affected [3]. - The funds will be used for operations related to the main business and will be managed through a dedicated account, ensuring no change in the intended use of the raised funds [3]. Review and Approval Process - The board and supervisory committee approved the use of idle funds in a meeting held on September 4, 2025, confirming compliance with relevant regulations [4]. - The supervisory committee and the sponsor expressed their agreement with the decision, stating that it aligns with the interests of all shareholders and complies with regulatory requirements [4][5].

核查意见 华泰联合证券有限责任公司 关于上海爱旭新能源股份有限公司 使用部分闲置募集资金临时补充流动资金的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合"或"保荐人"）作为上 海爱旭新能源股份有限公司（以下简称"爱旭股份"或"公司"）2020 年度非公 开发行 A 股股票的保荐人，根据《证券发行上市保荐业务管理办法》、 《上市公司 募集资金监管规则》、 《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——规范运作》、 《上海证券交易所上市公司自律监管指引 第 11 号——持续督导》等有关规定，就公司本次募集资金使用事项进行了认真、 审慎的核查，并发表本核查意见，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准上海爱旭新能源股份有限公司非公开 发行股票的批复》（证监许可[2020]1481 号）核准，公司面向特定对象非公开发 行人民币普通股（A 股）206,440,957 股，发行价格 12.11 元/股，募集资金总额人 民币 2,499,999,989.27 元。扣除保荐及承销费用后的募集资金 2,460,599,989.27 元 于 2020 ...