近日，爱旭股份（600732）（600732.SH）公告，其控股子公司浙江爱旭太阳能科技有限公司与百色市 政府、深圳创维光伏科技有限公司达成深度合作，拟共同设立合资公司投建ABC基地项目。此外，浙 江爱旭拟与该合资公司签署《技术咨询服务协议》，由浙江爱旭为合资公司投资建设项目提供技术咨询 服务，费用合计2亿元。 根据爱旭股份官方微信公众号，继3月中标大唐集团1GW订单后，爱旭股份在集中式市场不断突破，接 连公布两则中标进展：在中国石油天然气集团有限公司2025年光伏组件集中采购中斩获100MW BC组件 标段；在南水北调中线新能源公司2025—2026年度组件集采中，以第一中标人身份获得300MW BC/HJT 标段。 此外，爱旭股份曾在互动平台问答中表示，ABC组件的双面率已经达到75%，适配集中式市场，通过金 属涂布技术和图形化设计化进一步减少金属栅线面积，未来预计能够实现80%以上双面率。 新质生产力赋能零碳未来 随着土地成本的提高，在有限空间内尽可能提升装机容量，成为集中式电站的重要需求。今年以来，爱 旭股份已接连中标大唐、南水北调、中石油等大型能源集团集中式采购招标，并作为唯一一家BC技术 组件商入 ...

Investment Rating - The report maintains an "Outperform" rating for the industry [1]. Core Insights - The report highlights significant developments in the wind and solar sectors, including the commencement of China's first large-capacity floating wind turbine project and the termination of a major solar component procurement by China Power Construction [6][7]. - The Australian government's plan to subsidize home energy storage systems is expected to reduce initial costs for consumers and drive installation growth [7]. Summary by Sections Wind Power - The commencement of the 16MW floating wind turbine project by Three Gorges marks a significant milestone in China's offshore wind technology, addressing high costs through larger turbine capacities [11]. - The wind power index fell by 6.67%, underperforming the CSI 300 index by 3.80 percentage points, with a current PE_TTM valuation of approximately 18.89 times [12]. - Key companies to watch include Mingyang Smart Energy, Dongfang Cable, and Yaxing Anchor Chain, as the domestic offshore wind market shows upward momentum [7][16]. Solar Power - China Power Construction's termination of a 51GW solar component procurement reflects the impact of recent adjustments in renewable energy pricing policies, leading to uncertainty in project investment returns [6][7]. - The solar equipment index decreased by 9.56%, with the current PE_TTM valuation around 29.99 times [4]. - Companies of interest include Longi Green Energy and Tongwei Co., as the solar sector faces potential short-term demand weakness post-May 31 [7][16]. Energy Storage & Hydrogen - The Australian Labor Party's proposed AUD 2.3 billion subsidy for home energy storage systems aims to lower costs by 30%, potentially facilitating the installation of over 1 million new batteries by 2030 [7]. - The energy storage index dropped by 9.04%, with a current PE_TTM of 23.9 times, indicating a strong growth outlook for the sector [4]. - Key players in the energy storage market include Sungrow Power Supply and Shuneng Electric, while the hydrogen sector sees interest in companies like Huagong Huaneng and Yihua Tong [7][16].

Core Viewpoint - Shanghai Aishuo New Energy Co., Ltd. (Aishuo) has entered into a strategic partnership with Baise Municipal Government and Shenzhen Skyworth Photovoltaic Technology Co., Ltd. to establish a joint venture for the ABC base project, marking a significant step in the industrialization of ABC technology and the construction of the BC ecosystem in the photovoltaic industry [1][2]. Group 1: Partnership and Investment - The joint venture will have a registered capital of 1 billion yuan, with Skyworth holding 55%, Aishuo 25%, and the Baise government designated entity holding 20% [2][3]. - Aishuo will provide technical consulting services for the project, which includes factory construction, production line establishment, equipment selection, and technology improvement [1][3]. Group 2: Technological Advancements - Aishuo's ABC (All-Back Contact) technology is recognized as a revolutionary direction in the photovoltaic industry, offering high conversion efficiency, reliability, and low degradation [2][4]. - The collaboration aims to create a comprehensive synergy among technology, manufacturing, market, and policy, enhancing Aishuo's position as a technology leader [3][7]. Group 3: Market and Economic Impact - The project is expected to achieve rapid production milestones, with the first component expected to roll off the line in 6.5 months and full production planned within 13 months [3][4]. - The partnership is anticipated to generate ongoing revenue from ABC component production, contributing to cost reductions and promoting a new phase of competition in the industry [4][5]. Group 4: Strategic Regional Development - The joint venture will establish a core production center for ABC components in Southwest China, leveraging local resources and favorable policies to enhance market penetration [5][6]. - Baise City offers significant advantages for photovoltaic development, including abundant sunlight, available land, and low electricity costs, aligning with national green manufacturing goals [5][6]. Group 5: Competitive Landscape - The photovoltaic industry is shifting from cost competition to technology competition, with Aishuo aiming to reshape industry rules through open technological collaboration [7]. - Aishuo's strategy positions it as a leader in the BC ecosystem, potentially leading to significant business growth and technological commercialization in the next 3-5 years [7].

Group 1: Company Announcements - China Chemical's controlling shareholder plans to increase its stake in the company by 300 million to 600 million yuan, with no set price range for the purchase [1] - Guosheng Technology's subsidiary won a 225 million yuan photovoltaic component procurement project [2] - Aisheng Co. plans to sign a technical consulting service agreement worth 200 million yuan for a joint venture project in photovoltaic battery production [3] - Sanmei Co. expects a net profit of 369 million to 428 million yuan for Q1 2025, representing a year-on-year increase of 139.41% to 177.71% [4] - Yulide reported a revenue of 1.13 billion yuan, with a net profit of 183 million yuan, reflecting a year-on-year growth of 13.64% [5] - Western Mining anticipates a net profit of 2.932 billion yuan for 2024, a 5% increase year-on-year, and plans to distribute a cash dividend of 10 yuan per 10 shares [6] Group 2: Market Activities - GoerTek repurchased 6.6409 million shares at a cost of 141 million yuan, accounting for 0.19% of its total share capital [7] - Guoxin Securities' plan to acquire 96.08% of Wanhua Securities through a share issuance has been accepted for review by the Shenzhen Stock Exchange [8] - Meijin Energy announced the termination of a major asset restructuring deal due to failure to reach agreement on commercial terms [9] - King Kong Photovoltaic plans to apply for bankruptcy reorganization for several subsidiaries due to inability to repay debts [10] Group 3: International Ventures - China National Materials Technology plans to invest 114 million euros in Hungary to establish a wet-coated diaphragm production base with an annual capacity of 640 million square meters [11] - Ningbo Huaxiang intends to sell six loss-making subsidiaries in Europe for 1 euro, which is expected to significantly impact its 2025 net profit by reducing it by approximately 900 million to 1 billion yuan [12] Group 4: Profit Forecasts - Chuanjinno expects a net profit of 65 million to 80 million yuan for Q1 2025, a year-on-year increase of 218.96% to 292.56% [13] - Ultrasonic Electronics anticipates a net profit of 38 million to 45 million yuan for Q1 2025, reflecting a growth of 120.38% to 160.98% [14] - Suihengyun A expects a net profit of 80 million to 108 million yuan for Q1 2025, representing a year-on-year increase of 155% to 244% [15] - Hunan Gold forecasts a net profit of 325 million to 374 million yuan for Q1 2025, a growth of 100% to 130% [16] - Taishan Petroleum expects a net profit of 48 million to 58 million yuan for Q1 2025, reflecting a year-on-year increase of 159% to 213% [17] - Meg Intelligent anticipates a net profit of 40 million to 52 million yuan for Q1 2025, a significant increase of 518.53% to 704.09% [17]

证券代码：600732 证券简称：爱旭股份 编号：临 2025－012 上海爱旭新能源股份有限公司 第九届董事会第三十二次会议决议公告 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。 一、会议召开情况 上海爱旭新能源股份有限公司（以下简称"公司"）第九届董事会第三十二次会 议的通知于 2025 年 4 月 10 日以电子邮件方式送达。会议于 2025 年 4 月 11 日以通 讯方式召开，应参会董事 7 名，实际参会董事 7 名。本次会议的召集召开符合《公司 法》、《公司章程》及其他有关法律、法规的规定，形成的决议合法有效。 1、审议并通过了《关于签署<技术咨询服务协议>的议案》 表决结果：同意 7 票，反对 0 票，回避 0 票，弃权 0 票。 具体内容详见同日披露的《关于签署<技术咨询服务协议>的公告》（临 2025-013 号）。 2、审议并通过了《2024 年度"提质增效重回报"行动方案评估报告》 表决结果：同意 7 票，反对 0 票，回避 0 票，弃权 0 票。 3、审议并通过了《关于制定及修订公司部分治理制度的议案 ...

上海爱旭新能源股份有限公司（600732） 董事会战略与可持续发展委员会实施细则 上海爱旭新能源股份有限公司 董事会战略与可持续发展委员会实施细则 （经 2025 年 4 月 11 日召开的第九届董事会第三十二次会议审议通过） 第一章 总则 第一条 为适应上海爱旭新能源股份有限公司（以下简称"公司"）战略与可持 续发展需要，增强公司核心竞争力和可持续发展能力，确定公司发展规划，健全投资 决策程序，加强决策科学性，提高重大投资决策的效益和决策的质量，完善公司治理 结构，提升本公司环境、社会及公司治理（"ESG"）管理水平，根据《中华人民共 和国公司法》《上市公司治理准则》等法律、法规、规范性文件及《上海爱旭新能源 股份有限公司章程》（以下简称"《公司章程》"）有关规定，公司特设立董事会战 略与可持续发展委员会，并制定本细则。 第二条 董事会战略与可持续发展委员会是董事会下设的专门工作机构，主要 负责对公司长期发展战略、重大投资决策和 ESG 相关的重大管理事宜进行研究并提 出建议。 第二章 人员组成 第三条 战略与可持续发展委员会下设 ESG 工作组，全面统筹及落实 ESG 管 理工作，工作组由相关部门负责人组 ...

上海爱旭新能源股份有限公司（600732） 会计师事务所选聘制度 上海爱旭新能源股份有限公司 会计师事务所选聘制度 （经 2025 年 4 月 11 日召开的第九届董事会第三十二次会议审议通过） 第一章 总则 第一条 为规范上海爱旭新能源股份有限公司（以下简称"公司"）选聘会计 师事务所行为，提高财务信息和外部审计工作质量，切实维护公司及股东利益，根 据《中华人民共和国公司法》《中华人民共和国会计法》《中华人民共和国注册会 计师法》《国有企业、上市公司选聘会计师事务所管理办法》等相关法律法规、规 范性文件及《公司章程》的相关规定，结合公司实际情况，制定本制度。 第二条 本制度所称选聘会计师事务所，是指公司根据相关法律法规要求，聘 任会计师事务所对公司财务会计报告发表审计意见、出具审计报告的行为。 公司选聘会计师事务所从事除财务会计报告审计之外的其他法定审计业务的， 可以视重要性程度比照本制度执行。 第三条 公司聘用或解聘会计师事务所，应当由董事会审计委员会（以下简称 "审计委员会"）审议同意后，提交董事会审议，并由股东会决定。 第二章 会计师事务所执业质量要求 第四条 公司选聘的会计师事务所应当具备下列条件： ...

上海爱旭新能源股份有限公司（600732） 舆情管理制度 上海爱旭新能源股份有限公司 舆情管理制度 （经 2025 年 4 月 11 日召开的第九届董事会第三十二次会议审议通过） 第一章 总则 第一条 为了提高上海爱旭新能源股份有限公司（以下简称"公司"）应对各类 舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股价、 商业信誉及正常经营活动造成的影响，切实保护投资者合法权益，根据《中华人民共 和国公司法》《中华人民共和国证券法》《上海证券交易所股票上市规则》等法律法 规、规范性文件及《上海爱旭新能源股份有限公司章程》（以下简称"《公司章程》"） 的规定，结合公司实际情况制定本制度。 第二条 本制度所称舆情包括但不限于： （一）报刊、电视、网络等媒体对公司进行的负面报道、不实报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或已经影响社会公众投资者投资取向，造成股价异常波动的信息； （四）其他涉及上市公司信息披露且可能对公司股票及其衍生品交易价格产生 较大影响的事件信息。 第二章 舆情管理机构与职责 第三条 公司舆情管控实行统一领导、统一组织、快速反应、协同应对 ...

上海爱旭新能源股份有限公司 关于签署《技术咨询服务协议》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： 2025 年 4 月 11 日，上海爱旭新能源股份有限公司（以下简称"公司"）控 股子公司浙江爱旭太阳能科技有限公司（以下简称"浙江爱旭"）与百色市人民政府、 深圳创维光伏科技有限公司（以下简称"创维光伏"）签订《投资协议》，拟共同发 起设立合资公司，投资建设创维-爱旭（百色）光伏 ABC 电池西南基地项目。该项交 易已经过公司内部决策审批，无需提交公司董事会审议。 浙江爱旭拟与拟成立的合资公司签署《技术咨询服务协议》，由浙江爱旭为 合资公司投资建设的 ABC 电池及组件产能项目提供技术咨询服务，技术咨询服务费 合计为 2.00 亿元（不含增值税金额，且不含人工费、差旅费等）。本次交易已经公 司第九届董事会第三十二次会议审议通过，无需提交公司股东会审议。本次交易不构 成关联交易，亦不构成重大资产重组。 《技术咨询服务协议》将于合资公司设立后由浙江爱旭与其签署，若因经济 形势、市场环境以及合作各方内部审 ...