弘元绿色能源股份有限公司 2023 年年度股东大会 弘元绿色能源股份有限公司 2023 年年度股东大会 会议资料 弘元绿色能源股份有限公司 2023 年年度股东大会 | 议案 | 13.《关于制定<会计师事务所选聘制度>的议案》 | 57 | | --- | --- | --- | | 议案 | 14.《关于开展外汇衍生品交易的议案》 | 58 | | 议案 | 15.《关于使用闲置募集资金进行现金管理的议案》 | 60 | | 议案 | 16.《关于投资建设包头年产 16GW 光伏电池项目的议案》 | 61 | 3 中国·江苏 2024 年 5 月 1 弘元绿色能源股份有限公司 2023 年年度股东大会 | | | | 一、2023 | 年年度股东大会会议须知 | | 4 | | --- | --- | --- | --- | | 二、2023 | 年年度股东大会会议议程 | | 6 | | 三、2023 | 年年度股东大会会议议案 | | 7 | | 议案 | 1.《关于公司 2023 | 年度董事会工作报告的议案》 | 7 | | 议案 | 2.《关于公司 2023 | 年度监事会工作报告的议案》 | ...

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。 证券代码：603185 证券简称：弘元绿能 公告编号：2024-046 弘元绿色能源股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 截至 2024 年 4 月 30 日，公司通过集中竞价交易方式已累计回购公司股份 985,277 股，占公司目前总股本的比例为 0.1439%，回购最高成交价为人民币 25.46 元/股，回购最低成交价为人民币 24.68 元/股，已支付的资金总额为人民币 24,996,137.62 元（不含印花税、交易佣金等交易费用）。 本次回购符合相关法律法规规定及公司回购方案的要求。 三、 其他事项 重要内容提示： | 回购方案首次披露日 | 2024/1/31，由董事长杨建良先生提议 | | | --- | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 12 个月 | | | 预计回购金额 | 5,000 万元 | 万元~10,000 | | 回购用途 | √用于员工持股计划或股权激励 | □减少注册资本 | | | | ...

Investment Rating - The investment rating for the company is upgraded to "Accumulate" [1][4]. Core Views - The company's revenue for 2023 was 11.859 billion yuan, a decrease of 45.87% year-on-year, and the net profit attributable to shareholders was 740.57 million yuan, down 75.58% year-on-year, indicating performance slightly below expectations [3]. - The company faced intensified competition and pressure on silicon wafer profitability, with sales of approximately 28.4 GW and shipments of about 29 GW in 2023, a decrease of about 7% [3]. - The company has successfully implemented its fully integrated production capacity, with silicon material production expected to reach 5-6 million tons in 2024, and battery production expected to reach approximately 18 GW [3]. - The company experienced a slight increase in expense ratios, with total expenses of 1.3 billion yuan in 2023, a decrease of 9% year-on-year, and cash flow from operations was 400 million yuan, down 83% [3]. Financial Forecasts and Valuation - The forecast for net profit attributable to shareholders for 2024-2026 is 200 million, 420 million, and 620 million yuan respectively, with corresponding P/E ratios of 71x, 35x, and 23x [4]. - The company's total revenue is projected to increase from 12.365 billion yuan in 2024 to 20.594 billion yuan in 2026, reflecting a growth rate of 30.91% and 27.23% respectively [2][4]. - The company's cash and cash equivalents at the end of 2023 were 6.177 billion yuan, an increase of 1.917 billion yuan from the beginning of the year [3].

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,190,704,034.64, representing a decrease of 37.64% compared to the same period last year[4] - The net profit attributable to shareholders was -¥141,374,420.08, a decline of 120.89% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥164,135,723.21, down 130.12% from the previous year[4] - The basic earnings per share were -¥0.192, a decrease of 116.18% year-on-year[4] - The diluted earnings per share were also -¥0.192, reflecting a similar decline of 116.24%[4] - The weighted average return on equity was -1.03%, a decrease of 6.28 percentage points compared to the previous year[4] - Total operating revenue for Q1 2024 was ¥2,190,704,034.64, a decrease of 37.8% compared to ¥3,512,722,016.51 in Q1 2023[19] - Net profit for Q1 2024 was a loss of ¥141,374,420.08, compared to a net profit of ¥676,840,782.09 in Q1 2023, indicating a significant decline[20] - Basic earnings per share for Q1 2024 were -¥0.192, compared to ¥1.187 in Q1 2023[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥32,367,067,213.67, up 10.16% from the end of the previous year[5] - As of March 31, 2024, the total current assets amounted to ¥14,876,638,840.44, an increase from ¥11,892,669,462.54 in the previous year, reflecting a growth of approximately 25.0%[15] - The total assets of the company as of March 31, 2024, were ¥32,367,067,213.67, compared to ¥29,382,190,199.62 at the end of the previous year, representing a growth of approximately 10.1%[16] - The total liabilities increased to ¥10,290,716,093.52 from ¥9,540,550,714.51, which is an increase of about 7.8%[16] - Total liabilities increased to ¥17,668,187,385.06 in Q1 2024 from ¥17,361,076,202.02 in Q1 2023, representing a growth of 1.8%[18] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 22.28% to ¥14,698,879,828.61 compared to the end of the previous year[5] - Total equity attributable to shareholders rose to ¥14,698,879,828.61 in Q1 2024 from ¥12,021,113,997.60 in Q1 2023, an increase of 22.3%[18] Cash Flow - The net cash flow from operating activities was ¥201,974,331.15, an increase of 91.25% compared to the same period last year[4] - The company's cash flow from operating activities was not detailed in the provided documents, indicating a need for further analysis on liquidity[21] - In Q1 2024, the total cash inflow from operating activities was CNY 2,794,393,911.87, a decrease of 6.1% from CNY 2,977,794,457.25 in Q1 2023[24] - The net cash flow from operating activities increased to CNY 201,974,331.15, compared to CNY 105,607,883.88 in the same period last year, representing a growth of 91.1%[24] - Cash inflow from financing activities was CNY 2,879,699,985.80, contrasting with a cash outflow of CNY -1,244,930.60 in the previous year[25] - The net cash flow from financing activities was CNY 2,712,158,645.12, a significant improvement from CNY -34,197,110.62 in Q1 2023[25] Operational Metrics - The decline in revenue and profit was attributed to the impact of supply and demand in the photovoltaic industry, leading to a decrease in product prices and profitability[7] - Research and development expenses for Q1 2024 were ¥145,937,290.49, slightly down from ¥158,290,726.13 in Q1 2023[19] - The company reported a significant increase in financial expenses, totaling ¥30,020,157.60 in Q1 2024, compared to ¥10,165,892.15 in Q1 2023[19] Inventory and Receivables - The company’s accounts receivable increased to ¥469,342,531.97 from ¥376,256,584.99, marking a rise of about 24.7%[15] - Inventory levels rose to ¥2,210,932,475.70, compared to ¥2,057,212,809.94, reflecting an increase of approximately 7.4%[16] Trading and Investments - The company has seen a significant increase in trading financial assets, which rose to ¥3,840,722,799.67 from ¥1,611,676,826.44, indicating a growth of approximately 138.5%[15] - The company’s long-term equity investments stood at ¥1,090,118,702.65, slightly up from ¥1,082,088,576.96, showing a marginal increase of about 0.7%[16]

证券代码：603185 证券简称：弘元绿能 公告编号：2024-044 弘元绿色能源股份有限公司 关于投资建设包头年产 16GW 光伏电池项目的公告 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。 4 本次项目尚需通过环评、安评、能评等前置审批程序，如因国家或地方有 关政策调整、项目审批等实施条件发生变化，本项目存在延期、变更或终止的风 险。 重要内容提示： 投资标的名称：年产 16GW 光伏电池项目。 项目建设内容：弘元绿色能源股份有限公司（以下简称"公司"）拟在包 头市青山区投资建设 16GW 光伏电池项目。项目分为二期实施，一期建设 10GW 光 伏电池项目，预计于 2025 年投产；二期建设 6GW 光伏电池项目，公司将根据市 场情况推动项目进度。 预计总投资金额：项目总投资预计为人民币 55 亿元，其中固定资产投资 （含政府代建厂房及土地、公司自购生产设备等）约 45 亿元，铺底及营运流动 资金约 10 亿元。一期项目投资约 36 亿元，其中固定资产投资约 30 亿元；二期 项目投资约 19 亿元，其中固定资产 ...

1 弘元绿色能源股份有限公司 2023环境、社会及治理报告 行则将至，做则必成 立足新起点，点亮发光空间 3 CONTENTS 目 录 董事长寄语 | | 05 | | --- | --- | | 点亮 2023 | 07 | | 2023 焕新出发 | 09 | | 可靠产品 安心交付 | 11 | | 认识弘元绿能 | 13 | | 公司简介 | 13 | | 组织架构 | 14 | | 企业文化 | 14 | | 弘元六大产业基地 | 15 | | 企业荣誉 | 17 | 和衷共济， 铸造共享价值 02 03 | 可持续供应链 | 51 | | --- | --- | | 员工基本权益 | 53 | | 人力资本发展 | 59 | | 职业健康安全 | 63 | | 社区贡献与慈善公益 | 66 | | 多元共生，拥抱可持续发展 | 21 | | --- | --- | | 可持续管理架构 | 21 | | 利益相关方参与 | 22 | | 实质性议题 | 23 | | 鉴证声明 | 81 | | --- | --- | | 附录 | 83 | | 关于本报告 | 93 | 聚 焦 25 绿色使命， 兴 ...

公司第四届审计委员会由独立董事祝祥军（主任委员）、独立董事武戈、董 事杨建良三名成员组成。董事会审计委员会成员 2 人为公司独立董事，占该委员 会人数过半，主任委员祝祥军先生为会计专业人士，符合上海证券交易所的规定 及《公司章程》等制度的有关要求。 二、审计委员会年度会议召开情况 2023 年度，公司董事会审计委员会根据《董事会审计委员会工作细则》及 其他有关规定，积极履行职责，共召开了 6 次会议。具体如下： | 召开时间 | 召开届次 | 议案内容 | 表决情况 | | --- | --- | --- | --- | | 2023年3月 | 第四届董事会审计委 | 《关于公司前次募集资金使用情况专项报告的议案》 | 通过 | | 8 日 | 员会第一次会议 | | | | | | 《关于公司 2022 年度董事会审计委员会履职情况报告》 | 通过 通过 | | | | 《关于公司 2022 年度财务决算报告的议案》 | 通过 | | | | 《关于公司 2022 年度财务预算报告的议案》 | 通过 | | | | 《2022 年年度报告正文及摘要》 | 通过 | | 2023年4月 | 第四届董事会审计委 ...

Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.02 per share, totaling RMB 13,677,743.16, which represents 44.76% of the net profit attributable to shareholders for 2023[3]. - The total cash dividends distributed for the year 2023 amount to RMB 331,475,742.91, including the interim dividend of RMB 317,797,999.75[3]. - The board of directors has approved the profit distribution plan, which will be submitted for review at the annual shareholders' meeting[3]. - The proposed cash dividend for the fiscal year 2023 is CNY 13,677,743.16, with a per-share distribution of CNY 0.02[123]. - The total cash dividends for 2023 are projected to be CNY 331,475,742.91, representing 44.76% of the net profit attributable to shareholders[127]. Financial Performance - The company's operating revenue for 2023 was approximately ¥11.86 billion, a decrease of 45.87% compared to ¥21.91 billion in 2022[18]. - Net profit attributable to shareholders was approximately ¥740.57 million, down 75.58% from ¥3.03 billion in 2022[18]. - The net cash flow from operating activities was approximately ¥491.06 million, a decline of 83.38% compared to ¥2.96 billion in 2022[18]. - The company reported a basic earnings per share of ¥1.272, down 77.28% from ¥5.599 in 2022[19]. - The company's sales expenses increased by 335.78% to CNY 105,973,704.25 due to active market expansion efforts[38]. - Research and development expenses decreased by 37.32% to CNY 610,729,025.16, influenced by project completions and material price changes[38]. - The company reported a significant increase in accounts receivable by 360.63%, reaching ¥376,256,584.99, due to expanded component business and adjustments in customer credit terms[58]. - The cash and cash equivalents increased by 36.39% to ¥6,177,057,607.04, primarily due to the maturity of bank wealth management products and appropriate borrowings[58]. Audit and Compliance - The company has received a standard unqualified audit report from Da Hua Certified Public Accountants[2]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[5]. - The company has not violated any decision-making procedures for external guarantees[5]. - The company has implemented strict internal controls and governance structures in compliance with relevant laws and regulations, enhancing operational standards and protecting shareholder rights[88]. - The company has not reported any significant changes or adjustments in its business, products, or services during the reporting period[50]. - The company has not reported any incidents of insider information leakage or insider trading during the reporting period, indicating robust compliance measures[88]. Strategic Initiatives - The company successfully achieved mass production of N-type batteries and modules, enhancing its strategic upgrade in the photovoltaic industry[25]. - The company plans to continue its integrated strategy across the entire industry chain of silicon materials, wafers, cells, and modules, leveraging over 20 years of high-end equipment technology[26]. - The company has established a vertically integrated production capacity covering silicon materials, monocrystalline silicon wafers, solar cells, and solar modules, enhancing its market position and competitiveness[31]. - The company is actively expanding its photovoltaic equipment manufacturing business, utilizing advanced technologies such as Siemens Simotion for improved operational efficiency[61]. - The company plans to invest in a new photovoltaic module project with an annual production capacity of 16GW, as approved in April 2023[107]. Research and Development - The company holds 205 patents and collaborates with universities for R&D, accelerating innovation in the photovoltaic industry[28]. - The total R&D expenditure for the period amounted to ¥610,729,025.16, representing 5.15% of the operating revenue[54]. - The number of R&D personnel is 958, accounting for 8.87% of the total workforce[56]. - The company aims to enhance its technological capabilities through ongoing research and development initiatives[96]. Environmental Responsibility - The company invested approximately 289.68 million yuan in environmental protection during the reporting period[136]. - The company has established pollution prevention facilities, including wastewater treatment plants and air pollution control systems, all of which operated normally throughout the year[138]. - The company is committed to clean production and has implemented emergency response measures for pollution control, including training and drills[144]. - The company has implemented carbon reduction measures, resulting in a reduction of 10,869.23 tons of CO2 equivalent emissions[145]. - By the end of 2023, the cumulative avoided emissions from the company's photovoltaic silicon production exceeded 38.9 million tons of CO2 equivalent[146]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2024[99]. - The company has signed long-term sales contracts with leading firms in the photovoltaic industry, with a contract value exceeding CNY 38 billion for 2023-2025[35]. - The company has seen a significant increase in overseas sales revenue from the Asia-Pacific region, totaling CNY 3,243.33 thousand, with a gross margin of 7.23%[65]. - The U.S. market is projected to add 55GW of new installed capacity in 2024, presenting significant opportunities for overseas expansion despite trade barriers[75]. Corporate Governance - The company has established a comprehensive internal control system to manage various business operations effectively[88]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 5.0684 million yuan[104]. - The remuneration decision process for directors and senior management requires approval from the board and submission to the shareholders' meeting for review[103]. - The company has conducted a special report on the use of previously raised funds, with approvals in multiple board meetings[107]. Financial Management - The company has entrusted cash asset management with a total of CNY 8,019,504,592.09 from self-owned funds, with an unexpired balance of CNY 598,488,800.00[177]. - The company has provided guarantees to entities with a debt ratio exceeding 70%, but the specific amount is not disclosed[176]. - The company has not reported any overdue amounts for guarantees provided[176]. - The company has confirmed that all guarantees have been fulfilled without any overdue[178].

证券代码：603185 证券简称：弘元绿能 公告编号：2024-032 弘元绿色能源股份有限公司 第四届监事会第十五次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 弘元绿色能源股份有限公司（以下简称"公司"）第四届监事会第十五次会 议于 2024 年 4 月 25 日在公司会议室以现场方式召开，会议通知及相关资料于 2024 年 4 月 15 日通过现场送达、电子邮件、传真方式发出。本次监事会由监事 会主席杭岳彪先生主持，应参加会议监事 3 人，实际参加会议监事 3 人，公司董 事会秘书列席了本次会议。会议的召集和召开程序符合《中华人民共和国公司法》 等法律法规、行政部门规章、规范性文件和《弘元绿色能源股份有限公司章程》 的有关规定。 二、监事会会议审议情况 （二）审议通过《关于公司 2023 年度财务决算报告的议案》 本议案尚需提交公司 2023 年度股东大会审议。 表决结果：3 票同意，0 票反对，0 票弃权。 （三）审议通过《2023 年年度报告正文及摘要》 监事会认为： 1 ...

证券代码：603185 证券简称：弘元绿能 公告编号：2024-043 弘元绿色能源股份有限公司 关于会计政策变更的公告 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： ●本次会计政策变更系弘元绿色能源股份有限公司（以下简称"公司"）根 据中华人民共和国财政部（下称"财政部"）颁布的《企业会计准则解释第 17 号》（财会〔2023〕21 号）相关规定进行的变更，不会对公司财务状况、经营 成果和现金流量产生重大影响。 一、本次会计政策变更概述 财政部于 2023 年 10 月 25 日颁布了《企业会计准则解释第 17 号》，其中"关 于流动负债与非流动负债的划分""关于供应商融资安排的披露""关于售后租 回交易的会计处理"的规定自 2024 年 1 月 1 日起施行。 由于上述会计准则解释的发布，公司需对会计政策进行相应变更，并按以上 文件规定的生效日期开始执行上述会计准则。 2024 年 4 月 25 日，公司召开了第四届董事会第二十二次会议和第四届监事 会第十五次会议，审议通过了《关于会计政策变更的议案 ...