上海爱旭新能源股份有限公司 董事会议事规则 （草案） 上海爱旭新能源股份有限公司（600732） 董事会议事规则 （经 2025 年 4 月 28 日召开的第九届董事会第三十四次会议审议通过，尚需提交公司股东会审 议批准） 第一章 总则 第一条 为了进一步规范上海爱旭新能源股份有限公司（以下简称"公司"）董 事会的议事方式和决策程序，促使本公司董事和董事会有效地履行其职责，提高董 事会规范运作和科学决策水平，根据《中华人民共和国公司法》（以下简称"《公司 法》"）《中华人民共和国证券法》《上市公司治理准则》《上海证券交易所股票上市规 则》以及《上海爱旭新能源股份有限公司章程》（以下简称"《公司章程》"）等有关 规定，制定本规则。 第二条 董事会是公司经营决策的常设机构，是股东会的执行机构，执行股东 会通过的各项决议，向股东会负责及报告工作，根据相关法律、法规和《公司章程》 的规定行使职权。 第三条 董事会下设董事会办公室，处理董事会日常事务。董事会秘书兼任董 事会办公室负责人，保管董事会印章。 第二章 董事会的组成 第四条 董事会由 7 至 9 名董事组成，其中独立董事占董事会成员的比例不得 低于 1/3。设 ...

上海爱旭新能源股份有限公司 独立董事 2024 年度述职报告 2024 年，作为上海爱旭新能源股份有限公司（以下简称"公司"）的独立董事， 本人根据《公司法》《证券法》《上市公司独立董事管理办法》等法律法规以及《上 海爱旭新能源股份有限公司章程》（以下简称"《公司章程》"）、《独立董事工 作制度》等规定，恪尽职守、勤勉尽责、积极参与公司决策，出席相关会议，认真 履行了独立董事应尽的义务和职责，充分发挥了监督作用，促进了公司规范运作， 维护了股东利益。现将本人 2024 年度履职情况报告如下： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 作为公司的独立董事，本人拥有专业资质及工作能力，在从事的专业领域积累 了丰富的经验。以下是本人的个人工作履历、专业背景以及兼职情况： 钟瑞庆，男，中国国籍，无境外永久居留权，1971 年生，博士学位，现任浙江 大学光华法学院副教授、浙江大学光华法学院国际融资与并购研究中心执行主任， 从事税法、金融法、法律经济学和企业法律风险等领域的研究。2003 年 3 月至 2004 年 8 月，任汕头大学商学院特聘助理教授；2004 年 12 月至 2007 年 9 ...

独立董事 2024 年度述职报告 上海爱旭新能源股份有限公司 2024 年，作为上海爱旭新能源股份有限公司（以下简称"公司"）的独立董事， 本人根据《公司法》《证券法》《上市公司独立董事管理办法》等法律法规以及《上 海爱旭新能源股份有限公司章程》（以下简称"《公司章程》"）、《独立董事工 作制度》等规定，恪尽职守、勤勉尽责、积极参与公司决策，出席相关会议，认真 履行了独立董事应尽的义务和职责，充分发挥了监督作用，促进了公司规范运作， 维护了股东利益。现将本人 2024 年度履职情况报告如下： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 作为公司的独立董事，本人拥有专业资质及工作能力，在从事的专业领域积累 了丰富的经验。以下是本人的个人工作履历、专业背景以及兼职情况： 徐莉萍，女，中国国籍，无境外永久居留权，1974 年生，博士学位，中国注册 会计师（CICPA）非执业会员。现任中山大学管理学院会计系教授、博士生导师，从 事中国资本市场会计、公司治理、公司财务、企业合规管理等领域的研究。2004 年 起在中山大学管理学院先后担任讲师、副教授、教授，先后于 2007 年 6 月至 2008 ...

Financial Performance - The company's revenue for Q1 2025 reached ¥4,135,605,298.80, representing a 64.53% increase compared to ¥2,513,586,246.97 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥300,422,024.47, worsening from a loss of ¥91,216,910.42 in the previous year[5] - The net cash flow from operating activities improved to ¥715,883,277.29, compared to a negative cash flow of ¥2,408,425,266.37 in the same period last year[5] - The net loss for Q1 2025 was RMB 313,167,301.74, compared to a net loss of RMB 91,216,910.46 in Q1 2024, indicating a deterioration in profitability[25] - The company's total comprehensive income for the period was -¥317.15 million, compared to -¥95.86 million in the same period last year[26] Cash Flow and Liquidity - Cash and cash equivalents increased by 47.44% to improve liquidity, driven by increased sales receipts[8] - Cash and cash equivalents increased to RMB 2,821,833,842.82 as of March 31, 2025, up 47.4% from RMB 1,913,920,238.81 at the end of 2024[20] - The company generated ¥3.87 billion in cash from sales of goods and services in Q1 2025, compared to ¥1.89 billion in Q1 2024, indicating a year-over-year increase of 104.5%[28] - The company reported cash inflows from operating activities of approximately ¥4.20 billion, a significant increase from ¥2.82 billion in Q1 2024, representing a growth of 48.9%[28] - Cash outflows from investing activities amounted to approximately ¥258.59 million in Q1 2025, a decrease from ¥507.59 million in Q1 2024[29] - Cash inflows from financing activities totaled approximately ¥1.61 billion in Q1 2025, down from ¥3.11 billion in Q1 2024[29] Operating Performance - The company's gross profit margin was negatively impacted by a 79.25% increase in operating costs due to higher component shipment volumes[8] - Sales expenses increased by 27.29%, attributed to expanded sales scale and increased marketing costs[8] - Financial expenses decreased by 95.55%, primarily due to receiving financing interest subsidies during the period[8] - Research and development expenses decreased by 67.84%, mainly due to a reduction in material prices and decreased R&D investment[8] - The overall operating performance improved significantly, driven by increased sales of N-type ABC modules and a decrease in production costs[17] Market and Sales - In Q1 2025, the company achieved sales of N-type ABC modules reaching 4.54 GW, representing over 500% growth year-on-year and over 40% growth compared to Q4 2024[14] - The company secured new sales orders exceeding 5 GW in Q1 2025, indicating strong market acceptance and a solid foundation for future sales[14] - The market for photovoltaic components saw a significant increase in demand due to policy changes and a surge in project installations in Q1 2025[13] - The company’s ABC products are increasingly recognized for their advantages in distributed generation, leading to a growing customer base[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥34,686,217,781.50, a slight increase of 0.47% from ¥34,523,006,308.21 at the end of the previous year[6] - Total liabilities increased to RMB 29,820,077,392.90, compared to RMB 29,569,744,711.96 at the end of 2024, showing a growth of 0.8%[22] - The equity attributable to shareholders decreased to RMB 3,250,517,996.83 from RMB 3,554,333,406.99, a decline of 8.5%[22] - Short-term borrowings rose to RMB 4,281,659,896.38, an increase of 17.5% from RMB 3,643,348,247.74 at the end of 2024[21] Inventory Management - The company reported a substantial reduction in inventory impairment losses, contributing to the positive impact on its financial performance[17] - Inventory decreased to RMB 1,995,840,869.64 from RMB 2,549,580,898.66, reflecting a reduction of 21.7%[20] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[30] - The company's production capacity is becoming tighter due to the rapid accumulation of new orders, setting the stage for future growth[14] - The industry is experiencing a recovery, with improved pricing stability and reduced irrational competition, positively affecting market conditions[13]

Financial Performance - The company reported a consolidated net profit attributable to shareholders of -5,319,431,898.39 yuan for the fiscal year 2024, indicating a significant loss [5]. - As of the end of 2024, the company's undistributed profits amounted to -19,996,389.54 yuan, reflecting ongoing financial challenges [5]. - The board of directors approved a profit distribution plan for 2024 that includes no cash dividends, no bonus shares, and no capital reserve conversion into shares, due to negative profits available for distribution [5]. - In 2024, the company's operating revenue was approximately ¥11.16 billion, a decrease of 58.94% compared to ¥27.17 billion in 2023 [25]. - The net profit attributable to shareholders was a loss of approximately ¥5.32 billion in 2024, compared to a profit of ¥756.76 million in 2023, representing a decline of 802.92% [25]. - The net cash flow from operating activities was negative at approximately ¥4.52 billion in 2024, down from ¥1.59 billion in 2023, a decrease of 384.94% [25]. - The basic earnings per share for 2024 was -¥2.91, a significant drop from ¥0.42 in 2023, reflecting a decrease of 792.86% [26]. - The weighted average return on equity was -86.97% in 2024, down from 8.46% in 2023, a reduction of 95.43 percentage points [26]. - The company's total assets increased to approximately ¥34.52 billion in 2024, a rise of 1.55% from ¥33.99 billion in 2023 [25]. - The company's net assets attributable to shareholders decreased to approximately ¥3.55 billion in 2024, down 59.05% from ¥8.68 billion in 2023 [25]. - The company reported a significant decline in profitability due to a provision for asset impairment losses of approximately 3 billion yuan, resulting in substantial pressure on overall profits for the year [38]. Market and Production Developments - The company reported a significant increase in solar cell production capacity, reaching 10 GW in the last fiscal year, representing a 25% year-over-year growth [17]. - The company is expanding its market presence in Europe and North America, targeting a 15% increase in international sales by 2025 [17]. - The company plans to invest 500 million RMB in R&D for new solar technologies over the next three years [17]. - The company has achieved TÜV and CE certifications for its latest solar products, enhancing its market competitiveness [15]. - The company is exploring strategic acquisitions to enhance its supply chain efficiency and reduce production costs [17]. - The company expects a revenue growth of 20% in the next fiscal year, driven by increased demand for renewable energy solutions [17]. - The company has launched a new line of high-efficiency monocrystalline solar panels, which are projected to increase market share by 10% [17]. - The company is implementing a new digital platform to optimize production processes and improve operational efficiency [17]. - The company has achieved component sales revenue of 4.961 billion yuan and a sales volume of 6.33 GW for the entire year of 2024, with a nearly 1200% increase in sales volume compared to 2023 [40]. - The company’s N-type ABC technology is gaining market acceptance, with new orders exceeding 5 GW in Q1 2025, indicating a solid foundation for future sales growth [41]. - The company is expanding N-type ABC production capacity with new facilities in Zhuhai and Yiwu, enhancing overall operational efficiency [57]. Research and Development - The company plans to launch the third-generation N-type ABC components in February 2025, with a power increase of over 15W compared to the second generation [110]. - The company has invested over 3.2 billion yuan in R&D over the past three years, achieving significant breakthroughs in N-type ABC components and holding a leading position in patent applications with 2,649 filed and 1,310 granted [73]. - The company has invested over 32.37 billion yuan in R&D over the past three years, applying for more than 1,000 patents related to ABC technology, achieving comprehensive technological leadership [134][135]. - The second-generation N-type ABC product has achieved a conversion efficiency of 24.6%, which is over 6% higher in output power compared to TOPCon components of the same area, with third-generation full-screen ABC components expected to reach over 25% efficiency starting in 2025 [135]. Environmental and Sustainability Initiatives - The company aims to achieve carbon neutrality by 2060, aligning with China's commitment to peak carbon emissions before 2030 [15]. - The company is actively pursuing zero-carbon solutions and has launched various projects, including a zero-carbon demonstration island and partnerships for carbon neutrality goals [76]. - The company has achieved certifications for its mainstream products in multiple countries, enhancing its environmental sustainability credentials [77]. - The company has been recognized with over ten ESG awards in 2024, reflecting its commitment to sustainable development and contributions to global energy security [78]. - The company has developed a hydrogen integration machine that combines photovoltaic generation and hydrogen production technologies, providing advanced zero-carbon solutions [76]. Governance and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements related to future strategies and financial conditions [6]. - The report includes a standard unqualified audit opinion from the accounting firm Rongcheng [4]. - All board members attended the board meeting, ensuring accountability for the report's accuracy [4]. - The company is committed to maintaining transparency and integrity in its financial reporting and governance practices [4]. - The company has established a global sales service team and conducted nearly 100 marketing events to promote N-type ABC components [60]. - The company has conducted a comprehensive review of its internal control systems to ensure compliance with legal requirements and enhance operational efficiency [154]. - The company has registered 6 batches of insider information personnel in accordance with regulatory requirements, maintaining robust confidentiality practices [155]. - The company has not reported any significant differences in governance compared to regulatory requirements, ensuring compliance with the relevant laws and regulations [156]. Challenges and Risks - The company is facing challenges related to intellectual property disputes in the market, which may impact sales and customer stability [129]. - The company is facing risks from international trade environments, including potential trade barriers and regulatory challenges, as it expands its overseas operations [147]. - The company is actively managing foreign currency exposure to mitigate the impact of exchange rate fluctuations on its overseas sales [148]. - The company anticipates significant cash outflow in 2024 due to extended production and collection cycles, leading to increased pressure on cash flow management and a rise in the debt-to-asset ratio [146]. Employee and Management Structure - The total number of employees at the parent company and major subsidiaries is 7,566, with 5,237 in production, 380 in sales, and 665 in technical roles [180]. - The company has implemented a salary management system that links compensation to business performance, promoting a "share in gains" mechanism for bonuses [181]. - The company is exploring long-term incentive mechanisms to retain talent and align employee interests with company growth [181]. - The total pre-tax remuneration for all listed directors and senior management during the reporting period amounted to 1,231.94 million yuan [160]. - The company has maintained a consistent leadership structure, with key executives serving in multiple roles across different organizations [163].

公司代码：600732 公司简称：爱旭股份 √有效 □无效 上海爱旭新能源股份有限公司 2024年度内部控制评价报告 上海爱旭新能源股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外， ...

证券代码：600732 股票简称：爱旭股份 编号：临 2025－027 上海爱旭新能源股份有限公司 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 1 号——规范 运作》和《上海证券交易所上市公司自律监管指南第 1 号——公告格式》的规定， 将上海爱旭新能源股份有限公司（以下简称"本公司"或"公司"）2024 年度募集 资金存放与使用情况报告如下： 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，公司向特定投资者发行人民币普 通股（A 股）股票 206,440,957 股，每股发行价为 12.11 元，募集资金总额为人民币 2,499,999,989.27 元，扣除发行费用人民币 40,847,433.34 元（不含税）后，实际募集 资金净额为人民币 2,459,152,555.93 元，主承销商于 2020 年 8 月 5 日将募集资金划 入公司在银行开立的账户内。上述资金到账情况业经容诚会计师事务所容诚验字 [2020]518Z0022 号《验资报告》验证。公司对募集资金采取了专户存储管理。 截至 ...

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。 上海爱旭新能源股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开 第九届董事会第三十四次会议、第九届监事会第二十七次会议审议通过《关于未弥 补亏损达到实收股本总额三分之一的议案》，现将具体情况公告如下： 一、情况概述 证券代码：600732 股票简称：爱旭股份 编号：临 2025－023 上海爱旭新能源股份有限公司 关于未弥补亏损达到实收股本总额三分之一的公告 二、公司亏损的原因 2024 年度，光伏行业面临结构性产能过剩以及阶段性供需失衡，市场竞争加剧， 主产业链价格大幅下跌。受此影响，公司主营业务收入减少，盈利能力下降，存货 跌价和长期资产减值计提大幅增加，对本报告期的经营业绩造成较大影响。 三、应对措施 2024 年度，公司已稳步推进产品技术的升级和经营战略的转型，在 2024 年全年 行业需求增速放缓、竞争加剧的市场环境下，公司 N 型 ABC 组件实现逆势销售量大 幅增长，在全球超过 50 个国家和地区实现销售，全年实现组件销售收入 49.61 亿元 ...

证券代码：600732 股票简称：爱旭股份 编号：临 2025－033 上海爱旭新能源股份有限公司 根据上述注册资本变动情况，同时根据中国证监会颁布并于 2025 年 3 月 28 日 生效实施的《上市公司章程指引》，结合公司实际情况及发展需要，公司拟对《公 司章程》进行修订，本次《公司章程》的修订事项尚需提交股东会进行审议，修订 前后的条款对比具体如下： 2024 年 6 月 24 日，公司召开第九届董事会第二十七次会议，审议通过了《关于 注销部分限制性股票与股票期权的议案》，因部分激励对象离职，董事会同意回购 注销《2022 年限制性股票与股票期权激励计划》（以下简称"2022 年激励计划"） 中已授予但尚未解除限售的 21,014 股限制性股票；因部分激励对象离职及 1 名激励 对象 2023 年度个人绩效考核结果未达标，董事会同意回购注销《2023 年限制性股票 与股票期权激励计划》（以下简称"2023 年激励计划"）中已授予但尚未解除限售 的 132,224 股限制性股票。 2024 年 10 月 30 日，公司召开第九届董事会第三十一次会议，审议通过了《关 于注销部分限制性股票与股票期权的议案》， ...