证券代码：603185 证券简称：弘元绿能 弘元绿色能源股份有限公司 2025 年员工持股计划 （草案修订稿） 弘元绿色能源股份有限公司 二〇二五年十月 债券代码：113642 债券简称：上 22 转债 声明 弘元绿色能源股份有限公司及董事会全体成员保证本员工持股计划（草案修 订稿）及其摘要不存在虚假记载、误导性陈述或重大遗漏，并对其真实性、准确 性、完整性承担个别和连带的法律责任。 风险提示 一、公司 2025 年员工持股计划在公司股东（大）会审议通过后方可实施。 二、有关本员工持股计划的具体资金来源、出资比例、实施方案等属初步结 果，能否完成实施，存在不确定性。 三、若员工认购资金较低，则本员工持股计划存在不能成立的风险；若员工 认购资金不足，本员工持股计划存在低于预计规模的风险。 四、本员工持股计划实施所产生的相关成本或费用的摊销可能对公司相关年 度净利润有所影响。 五、股票价格受公司经营业绩、宏观经济周期、国际/国内政治经济形势及 投资者心理等多种复杂因素影响。因此，股票交易是有一定风险的投资活动，投 资者对此应有充分准备。 六、本员工持股计划中有关公司业绩考核指标的描述不代表公司的业绩预测， 亦不构 ...

证券代码：603185 证券简称：弘元绿能 弘元绿色能源股份有限公司 2025 年员工持股计划（草案修订稿） 摘要 弘元绿色能源股份有限公司 二〇二五年十月 债券代码：113642 债券简称：上 22 转债 风险提示 一、公司 2025 年员工持股计划在公司股东（大）会审议通过后方可实施。 二、有关本员工持股计划的具体资金来源、出资比例、实施方案等属初步结 果，能否完成实施，存在不确定性。 三、若员工认购资金较低，则本员工持股计划存在不能成立的风险；若员工 认购资金不足，本员工持股计划存在低于预计规模的风险。 四、本员工持股计划实施所产生的相关成本或费用的摊销可能对公司相关年 度净利润有所影响。 五、股票价格受公司经营业绩、宏观经济周期、国际/国内政治经济形势及 投资者心理等多种复杂因素影响。因此，股票交易是有一定风险的投资活动，投 资者对此应有充分准备。 六、本员工持股计划中有关公司业绩考核指标的描述不代表公司的业绩预测， 亦不构成业绩承诺。 声明 七、公司后续将根据规定披露相关进展情况，敬请广大投资者谨慎决策，注 意投资风险。 弘元绿色能源股份有限公司及董事会全体成员保证本员工持股计划（草案修 订稿）及其 ...

弘元绿色能源股份有限公司董事会薪酬与考核委员会 关于公司 2025 年员工持股计划相关事项的核查意见 根据《中华人民共和国公司法》《中华人民共和国证券法》《关于上市公司实 施员工持股计划试点的指导意见》（以下简称"《指导意见》"）以及《公司章程》 等有关法律法规及规范性文件的规定，弘元绿色能源股份有限公司（以下简称"公 司"）董事会薪酬与考核委员会对《公司 2025 年员工持股计划（草案修订稿）》 （以下简称"《持股计划（草案修订稿）"》及其摘要（修订稿）相关事项进行了 仔细阅读和审核。现发表核查意见如下： 薪酬与考核委员会委员（签字）： ________________________ ________________________ ________________________ 祝祥军 杨建良 武 戈 2025 年 10 月 30 日 2、公司审议本次员工持股计划相关议案的程序和决策合法、有效，不存在 损害公司及全体股东利益的情形，亦不存在摊派、强行分配等方式强制公司员工 参与本员工持股计划的情形；公司实施员工持股计划有利于建立和完善员工与全 体股东的利益共享机制，有利于进一步优化公司治理结构，提升员 ...

证券代码：603185 证券简称：弘元绿能 公告编号：2025-057 一、董事会会议召开情况 弘元绿色能源股份有限公司（以下简称"公司"）第四届董事会第三十四次 会议于 2025 年 10 月 30 日在公司会议室以现场方式召开，会议通知及相关资料 于 2025 年 10 月 27 日通过现场送达、电子邮件、传真方式发出。本次董事会由 董事长杨建良先生主持，应参加会议董事 7 人，实际参加会议董事 7 人，公司高 级管理人员列席了本次会议。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、董事会会议审议情况 （一）审议通过《关于<弘元绿色能源股份有限公司 2025 年员工持股计划 （草案修订稿）>及其摘要的议案》 为了更好地实施本次员工持股计划，经综合评估、慎重考虑，根据《公司法》 《证券法》《关于上市公司实施员工持股计划试点的指导意见》《上海证券交易 所上市公司自律监管指引第 1 号——规范运作》等相关法律、行政法规、规范性 文件以及《公司章程》的有关规定并结合公司实际情况，公司对原《弘元绿色能 源股份有限公司 20 ...

补充法律意见书之一 北京植德律师事务所 关于弘元绿色能源股份有限公司 2025 年员工持股计划的 植德(证)字[2025]0043-2 号 二〇二五年十月 北京市东城区东直门南大街1 号来福士中心办公楼 5 层 邮编: 100007 5th Floor, Raffles City Beijing Offices Tower, No.1 Dongzhimen South Street,Dongcheng District, Beijing 100007 P.R.C. 电话/Tel: 010-56500900 传真/Fax: 010-56500999 网址/Website: www.meritsandtree.com 补充法律意见书之一 北京植德律师事务所 关于弘元绿色能源股份有限公司 2025 年员工持股计划的 补充法律意见书之一 植德(证)字[2025]0043-2 号 致: 弘元绿色能源股份有限公司（公司/弘元绿能） 根据本所与公司签署的《律师服务协议书》,本所接受公司的委托,担任公 司 2025年员工持股计划的专项法律顾问。本所律师就公司实施 2025年员工持股 计划(以下简称"本次员工持股计划")所涉相 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥2,456,351,366.30, representing an increase of 85.50% compared to the same period last year[4] - The total profit for the period was ¥646,450,432.99, with a net profit attributable to shareholders of ¥532,137,987.84[4] - The basic earnings per share for the quarter was ¥0.785, compared to ¥0.347 for the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥5,684,938,363.85, an increase of 6.5% compared to ¥5,335,773,889.75 in the same period of 2024[18] - Operating profit turned positive at ¥249,821,134.59, a significant improvement from a loss of ¥2,008,663,225.83 in the previous year[19] - Net profit for the first three quarters of 2025 was ¥235,272,721.87, compared to a net loss of ¥1,629,645,683.34 in the same period of 2024[19] - The company reported an investment income of ¥48,218,503.49, a recovery from a loss of ¥59,803,726.38 in the same period last year[18] - The company’s total profit for the first three quarters was ¥261,582,403.70, compared to a loss of ¥2,019,813,669.51 in the previous year[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥215,659,159.08, reflecting an increase of 113.89%[5] - Cash flow from operating activities generated a net cash inflow of ¥215,659,159.08, up from ¥100,828,062.65 in the same period last year[22] - Cash inflow from operating activities totaled ¥8,441,114,245.27, an increase from ¥6,389,047,329.04 in the previous year[22] - The net cash flow from investment activities was 1,063,238,259.43, a significant improvement compared to the negative cash flow of -3,473,941,503.38 from the previous period[23] - Cash inflow from financing activities totaled 1,955,000,000.00, down from 3,429,092,381.34 in the prior period[23] - The net cash flow from financing activities was -2,081,936,386.84, contrasting with a positive cash flow of 2,969,065,413.54 previously[23] - The ending balance of cash and cash equivalents was 562,062,948.88, a decrease from 3,058,613,324.86 at the beginning of the period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥26,819,067,857.67, a decrease of 8.23% from the end of the previous year[5] - The company's current assets totaled ¥11,937,819,517.05, down from ¥13,183,005,049.85, indicating a decrease of about 9.5%[14] - The company's cash and cash equivalents were ¥4,818,686,485.25, a decrease from ¥5,233,754,962.40, reflecting a decline of approximately 7.9%[14] - The total liabilities of the company were ¥14,714,558,593.37, down from ¥17,338,631,233.62, representing a decrease of about 15%[16] - The company's non-current assets totaled ¥14,881,248,340.62, down from ¥16,039,788,883.82, indicating a decrease of approximately 7.2%[15] - The company's total liabilities to equity ratio improved to approximately 1.22 from 1.46, indicating a strengthening of the company's financial position[16] Shareholder Information - The company had a total of 55,263 common shareholders at the end of the reporting period[10] - The largest shareholder, Yang Jianliang, holds 29.12% of the shares, totaling 197,723,948 shares[10] - The equity attributable to shareholders increased by 1.84% to ¥12,102,570,241.25 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to ¥12,102,570,241.25 from ¥11,884,162,700.05, reflecting an increase of approximately 1.8%[16] Inventory and Receivables - Accounts receivable increased to ¥1,318,740,766.80 from ¥843,124,483.09, marking a significant increase of approximately 56.5%[14] - The company's inventory decreased to ¥1,273,389,728.35 from ¥1,395,509,502.28, representing a decline of about 8.7%[14] Research and Development - Research and development expenses were ¥321,691,510.25, a decrease of 11.5% from ¥363,539,813.73 in the previous year[18] Non-Recurring Items - Non-recurring gains and losses for the quarter totaled ¥33,093,669.06, with government subsidies contributing ¥14,288,371.04[7] Other Financial Metrics - The cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was 739,342,557.09, down from 1,864,784,629.07[23] - The cash received from other investment activities was 144,934,005.00, compared to 467,747,231.78 previously[23] - The impact of exchange rate changes on cash and cash equivalents was 18,518,757.49, compared to -1,448,605.75 previously[23]

Core Viewpoint - Hongyuan Green Energy (603185.SH) reported significant growth in revenue and profitability for Q3 2025, driven by increased prices and sales volume of photovoltaic products [1] Financial Performance - Q3 2025 revenue reached 2.456 billion yuan, representing an 85.50% year-on-year increase [1] - Net profit attributable to shareholders was 532 million yuan, marking a turnaround from loss to profit [1] - For the first three quarters of 2025, total revenue was 5.685 billion yuan, up 6.54% year-on-year [1] - Net profit for the first three quarters was 235 million yuan, also indicating a recovery from previous losses [1] Market Drivers - The primary factors contributing to the performance improvement include the rise in photovoltaic product prices compared to the same period last year and an increase in shipment volumes [1]

Core Viewpoint - Hongyuan Green Energy reported significant growth in its Q3 2025 financial results, driven by increased prices and sales volume of photovoltaic products [1] Financial Performance - In Q3 2025, the company achieved operating revenue of 2.456 billion yuan, representing a year-on-year increase of 85.50% [1] - The net profit attributable to shareholders was 532 million yuan, marking a turnaround from a loss to profitability compared to the previous year [1] - For the first three quarters of 2025, the company recorded operating revenue of 5.685 billion yuan, up 6.54% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 235 million yuan, also indicating a shift from loss to profit compared to the same period last year [1] Key Drivers - The primary factors contributing to the performance improvement include the rise in photovoltaic product prices compared to the same period last year and an increase in shipment volumes [1]

Core Viewpoint - Hongyuan Green Energy (603185.SH) reported significant growth in its Q3 2025 financial results, driven by increased prices and sales volume of photovoltaic products [1] Financial Performance - In Q3 2025, the company achieved operating revenue of 2.456 billion yuan, representing a year-on-year increase of 85.50% [1] - The net profit attributable to shareholders was 532 million yuan, marking a turnaround from a loss to profitability [1] - For the first three quarters of 2025, the company recorded operating revenue of 5.685 billion yuan, up 6.54% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 235 million yuan, also indicating a return to profitability [1] Key Drivers - The primary factors contributing to the performance improvement include the rise in photovoltaic product prices compared to the same period last year and an increase in shipment volumes [1]

Core Insights - The photovoltaic equipment sector experienced a significant increase of 8.27% on October 29, with Canadian Solar leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Sector Performance - Canadian Solar (688472) saw a closing price of 14.84, with a remarkable increase of 19.97% and a trading volume of 1.6277 million shares, amounting to a transaction value of 22.65 billion [1] - Sungrow Power (300274) closed at 191.49, up 15.44%, with a trading volume of 1.4529 million shares and a transaction value of 264.10 billion [1] - Trina Solar (6658889) closed at 19.72, up 11.04%, with a trading volume of 0.08859 million shares and a transaction value of 16.85 billion [1] - GoodWe (688390) closed at 59.20, up 10.34%, with a trading volume of 135,200 shares and a transaction value of 7.66 billion [1] - Aiko Energy (688717) closed at 77.13, up 10.09%, with a trading volume of 70,100 shares and a transaction value of 5.22 billion [1] - Jiangxi Green Energy (601012) and Tongwei Co. (600438) both saw a 10% increase, closing at 20.79 and 24.87 respectively, with transaction values of 78.52 billion and 44.03 billion [1] Capital Flow - The photovoltaic equipment sector experienced a net inflow of 7.248 billion in main funds, while retail investors saw a net outflow of 3.603 billion and 3.645 billion respectively [2]