企查查APP显示，近日，山西隆基绿储新能源有限公司成立。 | T 奥拉旗 历史 [ 阿拉里 | | | | ■ 文字介紹 《 工商商网快报, 中国外国 行政日 | | --- | --- | --- | --- | --- | | 的一粒金色气的 | 91140105MAGOJF7Y36 | 企业名称 | 国际是在新疆新能源有限公司 | | | 法监代机人 | 假工海 | 账号状态 | 存课(在章、开业。在元) 成立日期 | 2025-10-30 | | | | 并用通状 | 1000 77 中国家北 | | | 庭原則地代污 | MAGOJE7Y-3 | 工陶注册号 | = | 树根人空别得 91140105MAGOIF7Y36 | | 金补换型 | 构得责任公司(日附人投资或接触的 流人鼓撞) | 做小师假 | 2025-10-10 至 无因世期限 | 排版人数据 | | 人员娱接 | | 康保人数 | 抗准日期 | 品 | | 所有地区 | 山西省大原市小编区 | 图记机关 | 大厦市小店区市场监管管理局 | | | 面積行业 | 科学研究和技术服务业(M) | 成立名 | Shanel Longji ...

Core Viewpoint - The photovoltaic industry is facing a severe price drop and quality crisis, with module prices plummeting from 2 yuan/W in 2022 to 0.53 yuan/W in 2024, a decrease of 73% [1]. Group 1: Industry Challenges - The industry is experiencing a "no bottom line" competition due to overcapacity and price wars, leading to a significant influx of low-quality components that compromise safety and profitability [1]. - The qualification rate of photovoltaic modules has dropped from nearly perfect to 60%, indicating a growing quality crisis [1]. Group 2: User Dilemmas - Investors face confusion in the market as two modules labeled as 630W can perform vastly differently in actual operation, leading to a situation where photovoltaic investment resembles a gamble rather than a technical choice [2]. Group 3: New Standards for Trust - A new value assessment system for photovoltaic modules has been established by Longi in collaboration with CPVT and TÜV Rheinland, aiming to provide reliable and comparable data for investors [3]. - The first "three-proof" component certification was awarded to Longi, marking a significant milestone in establishing trust in the industry [3]. Group 4: Safety and Performance - Testing revealed that conventional modules can reach dangerous temperatures of 162.5°C under 1000W/m² irradiation, posing a fire risk, while "three-proof" components maintain a safer temperature of 90.5°C [6][7]. - The "three-proof" components show significantly lower power loss in various shading scenarios compared to conventional products, indicating superior performance [9]. Group 5: Market Validation - Longi's recent contract for a 400MW offshore photovoltaic project in Shanghai, utilizing the new technology, serves as a strong endorsement of its performance in complex environments [16]. - The shift in focus from price to performance and safety in photovoltaic investments is becoming increasingly evident, as investors prioritize long-term reliability over short-term cost savings [18].

| 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 601012 | 隆基绿 能 | 2.34 | 4.36 | 35763.32 | 5.00 | | 688599 | 天合光 能 | 9.02 | 8.20 | 33072.42 | 8.12 | | 300444 | 双杰电 气 | 20.02 | 35.22 | 23170.63 | 11.57 | | 300118 | 东方日 升 | 11.15 | 16.32 | 16404.71 | 9.26 | | 600170 | 上海建 工 | 3.77 | 10.32 | 15419.40 | 5.54 | | 603105 | 芯能科 | 10.04 | 9.02 | 12659.13 | 27.71 | | 技 | | --- | 截至11月5日收盘，光伏建筑一体化概念上涨2.53%，位居概念板块涨幅第8，板块内，109股上涨，双 杰电气、霍普股份等20%涨停，罗普 ...

| 股票代码:601012 | 股票简称:隆基绿能 | 公告编号:临 | 2025-086 号 | | --- | --- | --- | --- | | 债券代码:113053 | 债券简称:隆 22 转债 | | | 隆基绿能科技股份有限公司 关于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： 被担保人：隆基绿能科技股份有限公司（以下简称"公司"）的全资及 控股子公司。 提供担保金额：近期公司及子公司间发生新增担保金额合计人民币 50,306.15万元；（外币担保金额根据2025年10月末汇率中间价折算为人民币， 如无特别说明，本公告中金额币种均为人民币）。 截至2025年10月31日，公司及子公司已提供的担保金额累计为268.10亿元， 占公司最近一期经审计归母净资产44.03%。其中：公司及合并报表范围内子公司 之间的担保金额为264.54亿元，公司及子公司对外提供担保金额为3.56亿元。 是否有反担保：本次新增担保事项无反担保。 对外担保逾期的累计数量：0 风险提示：本次新增担保包 ...

Group 1: ETF Performance - The New Energy ETF experienced a turnover rate of 8.57% with a transaction volume of 126 million yuan [3] - Over the past week, the New Energy ETF's scale increased by 68.56 million yuan, ranking first among comparable funds [3] - The ETF's shares grew by 14.4 million shares in the past week, also ranking first among comparable funds [3] - In the last three days, the ETF saw continuous net inflows, with a peak single-day net inflow of 79.98 million yuan, totaling 108 million yuan, averaging 36.03 million yuan daily [3] - As of November 4, the ETF's net value rose by 64.79% over the past six months, ranking 185 out of 3845 index equity funds, placing it in the top 4.81% [3] - Since its inception, the ETF's highest monthly return was 25.07%, with the longest consecutive monthly gains being six months and a maximum increase of 67.53% [3] Group 2: Industry Insights - The electricity supply side is seeing an increasing penetration of new energy, with significant projects like UHV engineering expected to boost demand for grid equipment [3] - The State Grid and Southern Grid have provided high-level guidance for continued investment in grid construction through 2025, indicating sustained growth in the power equipment industry [3] - The photovoltaic industry is experiencing a positive trend with upstream segments expected to significantly reduce losses in Q3, indicating a potential bottom reversal [4] - The energy storage sector is witnessing strong supply and demand dynamics, with domestic and international demand resonating, leading to a continued increase in battery prices [4] - Leading battery manufacturers are operating at full capacity, and the overall supply chain has the ability to pass on price increases, suggesting sustained prosperity in the energy storage sector [4] Group 3: Top Stocks in New Energy Index - As of October 31, 2025, the top ten weighted stocks in the China Securities New Energy Index include: - Sunshine Power - CATL - Longi Green Energy - Yiwei Lithium Energy - TBEA - Huayou Cobalt - Ganfeng Lithium - China Nuclear Power - Tongwei Co. - Xian Dao Intelligent - These top ten stocks collectively account for 46.1% of the index [6]

截至2025年11月5日 13:24，碳中和ETF泰康(560560)上涨3.61%，盘中换手5.17%，成交383.43万元。跟 踪指数中证内地低碳经济主题指数(000977)强势上涨3.16%，成分股阿特斯(688472)上涨15.79%，特变电 工(600089)上涨9.99%，天合光能(688599)上涨7.99%，亿纬锂能（维权）(300014)，湖南裕能(301358)等 个股跟涨。 近期，A股碳中和板块表现强势，板块指数上涨1.07%，成交额超过71亿元，展现出较强的市场关注 度。 机构分析表示，近期推动该板块上涨的因素主要集中在以下几个方面： 政策利好密集释放：近期，从国家能源局强调培育绿证需求，到商务部推动碳足迹数据库建设以应对国 际碳壁垒，再到生态环境部明确将扩大碳市场覆盖范围并逐步收紧配额，一系列政策为绿色产业提供了 清晰的长期增长预期。特别是绿证交易价格在三季度大幅上涨210%，直接凸显了可再生能源的绿色环 境价值，提振了市场对相关企业盈利能力的信心。 产业进展与技术创新：具体到产业层面，传统高耗能行业的绿色重构（如钢铁、化工）正通过技术改 造，将环保投入转化为利润增长点。同时，碳捕集 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the solar industry, with specific ratings of "Buy-A" and "Buy-B" assigned to various stocks [1]. Core Insights - In September 2025, domestic photovoltaic (PV) installations decreased by 53.8% year-on-year, totaling 9.7GW, while cumulative installations from January to September reached 240.27GW, reflecting a 49.3% increase year-on-year [2][12]. - The export value of PV components in September was 199.8 billion yuan, marking a 39.0% year-on-year increase, despite a 4.7% decrease from the previous month. Cumulative exports for the first nine months were 1,521.8 billion yuan, down 13.3% year-on-year [2][15]. - Inverter exports also showed growth, with a September export value of 50.8 billion yuan, up 5.0% year-on-year, but down 19.2% month-on-month. Cumulative inverter exports for January to September reached 484.9 billion yuan, a 7.7% increase year-on-year [3][25]. - Solar power generation in September increased by 21.1% year-on-year, contributing to 5.63% of the total national power generation, which was 8,262 billion kilowatt-hours, a 1.5% increase year-on-year [4][39]. Summary by Sections Installation - In September 2025, domestic PV installations were 9.7GW, down 53.8% year-on-year, but up 31.2% month-on-month. Cumulative installations for the first nine months were 240.27GW, up 49.3% year-on-year [2][12]. Exports - PV component exports in September were valued at 199.8 billion yuan, a 39.0% increase year-on-year, but a 4.7% decrease month-on-month. Cumulative exports for January to September were 1,521.8 billion yuan, down 13.3% year-on-year [2][15]. - Inverter exports in September totaled 50.8 billion yuan, up 5.0% year-on-year, but down 19.2% month-on-month. Cumulative exports for the first nine months reached 484.9 billion yuan, a 7.7% increase year-on-year [3][25]. Power Generation - Solar power generation in September was 464.8 billion kilowatt-hours, reflecting a 21.1% year-on-year increase and accounting for 5.63% of the total national power generation [4][39]. Investment Recommendations - The report recommends focusing on companies in various sectors: new technology (Aixu Co., Longi Green Energy), supply side (Daqo New Energy, Flat Glass Group), energy storage (Sungrow Power Supply, DeYuan Co.), electricity market (Langxin Group), domestic substitution (Quartz Co.), and overseas expansion (Hengdian East Magnetic, Bowei Alloy) [4][43].

Shareholder Reduction Plans - Zhongjing Technology's shareholder Longi Green Energy plans to reduce holdings by no more than 3.8764 million shares [1] - Guobo Electronics' shareholder China Electronics Technology Group plans to reduce holdings by no more than 2.00% [1] - Hongbai New Materials' shareholder Xinyu Baolong plans to reduce holdings by no more than 19.5 million shares [1] - Founder Securities' shareholder China Cinda plans to reduce holdings by no more than 82.321 million shares [1] - Ningbo Zhongbai's shareholder Zhang Jiangbo plans to reduce holdings by no more than 1% [1] - Suli Co., Ltd.'s shareholder Gusheng Investment plans to reduce holdings by no more than 900,000 shares [1] - Ruihua Tai's shareholder Hangke New Century plans to reduce holdings by no more than 180,000 shares [1] - Shenkong's shareholder More Liangzhao plans to reduce holdings by no more than 2% [1] Other Notable Events - Yao Yigou received a tax matter notification [1] - ST Lingnan is being prosecuted for alleged collusion in bidding [1]

费率方面，光伏ETF基金管理费率为0.50%，托管费率为0.10%。 消息面上，受需求超预期和库存加速去化的推动，碳酸锂价格近期连续上涨。自10月中旬以来，碳酸锂期货主力合约从72000元/吨一路上涨，目前报82280 元/吨。 中信证券研报认为，欧洲大储呈现加速增长态势，伴随欧洲负电价频发提升现货峰谷价差，多数国家储能项目收益率已提升至10%—15%，且西班牙大停电 后欧洲各国政府加大储能支持力度，2025年有望成为欧洲大储爆发拐点。从欧洲需求体量看，根据测算，2030年欧洲新增装机有望达到165GWh，2024— 2030年预计复合增速40%，对应市场空间1700亿元。拆分看，东欧储能项目短期有望快速爆发，西欧和南欧远期体量更大。研报认为国产厂商依托成本优 势，有望持续提升欧洲储能份额，看好布局欧洲储能业务的电芯、系统集成环节厂商。 截至2025年11月5日 10:21，中证光伏产业指数(931151)上涨0.61%，成分股特变电工(600089)上涨4.24%，钧达股份(002865)上涨2.43%，南网能源(003035)上 涨2.04%，天合光能(688599)上涨1.82%，阳光电源(300274 ...

| | | 11月4日重要公告精选 | | --- | --- | --- | | 类型 | 公司 | 主要内容 | | 热点 | 宝色股份 | 未涉及"2MWt液态燃料针基熔盐实验堆(TMSR-LF1)项目"业务 | | 签约项目 | *ST松发 | 恒力海洋工程拟投资4.57亿元建设舾装码头工程 | | 合同中标 | 金冠电气 | 中标2179.76万元国家电网输变电项目 | | 股权转让 | 实达集团 | 拟1.85亿元购买数产名商95%的股权 | | 回购 | 华荣股份 | 拟斥资4000万元至1.25亿元回购股份 | | 数据 | 宇通客车 | 本年累计整车销售36596辆,同比增长5.87% | | 增减持 | 方正证券 | 中国信达拟减持不超过8232. 10万股公司股份 | | 其他 | 星源卓镁 | 收到客户项目定点通知 | | | 丰茂股份 | 拟发行可转债募资不超过6.1亿元 島 簡屋に | 【热点】 宝色股份(300402.SZ)：未涉及"2MWt液态燃料钍基熔盐实验堆(TMSR-LF1)项目"业务 兰石重装(603169.SH)：业务中仅微通道换热器和板式换热器在可控核聚变领域有相关 ...