Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for Q1 2025 to be between 650 million to 700 million yuan, an increase of 217.09 million to 267.09 million yuan compared to the same period last year, representing a year-on-year increase of 50.15% to 61.70%[2] - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between 542.42 million to 592.42 million yuan, an increase of 117.73 million to 167.73 million yuan compared to the same period last year, reflecting a year-on-year increase of 27.72% to 39.50%[4] - In the same period last year, the net profit attributable to shareholders of the parent company was 432.91 million yuan, and the net profit excluding non-recurring gains and losses was 424.69 million yuan[6] Factors Influencing Performance - The increase in performance is primarily driven by the rising demand for energy storage in emerging markets such as Southeast Asia, Africa, and the Middle East due to power supply shortages[7] - The company has effectively managed exchange rate risks and liquidity funds, resulting in favorable returns[7] - The company confirmed certain government subsidies related to revenue in Q1 2025[7] Forecast Accuracy and Reporting - There are currently no significant uncertainties that could affect the accuracy of this performance forecast[8] - The forecast data is preliminary and will be detailed in the company's Q1 2025 report[9]

Financial Performance - The total operating revenue for 2024 reached RMB 11.20 billion, a year-on-year increase of 49.67%[4] - The net profit attributable to shareholders was RMB 2.95 billion, reflecting a growth of 64.80% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was RMB 2.87 billion, up 54.68% year-on-year[4] - Total assets at the end of 2024 amounted to RMB 15.11 billion, an increase of 39.69% from the beginning of the year[4] - Shareholders' equity attributable to the parent company reached RMB 9.45 billion, a significant rise of 80.60% year-on-year[4] - The basic earnings per share increased to RMB 4.75, representing a growth of 59.40% compared to the previous year[4] - There are no significant uncertainties affecting the accuracy of the reported performance data as of now[9] Market Growth - The company's energy storage inverter and battery pack sales saw significant growth due to differentiated market demand across regions[7] - The company experienced a notable increase in revenue from home appliance products, such as dehumidifiers and solar air conditioners[7] - The company has successfully expanded its overseas market presence, contributing to the overall sales growth[8]

德业股份（605117）公告，2024年度实现营业总收入111.95亿元，同比增长49.67%；归属于上市公司股 东的净利润29.52亿元，同比增长64.80%；扣除非经常性损益后的净利润28.67亿元，同比增长54.68%； 基本每股收益4.75元，同比增长59.40%。 ...

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].

证券代码：605117 证券简称：德业股份 公告编号：2025-016 宁波德业科技股份有限公司 关于收到实际控制人、董事长提议回购公司股份的 提示性公告 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。 宁波德业科技股份有限公司（以下简称"公司"）董事会于 2025 年 4 月 8 日 收到公司实际控制人、董事长张和君先生《关于提议宁波德业科技股份有限公司 回购公司股份的函》。张和君先生提议公司以自有资金或银行贷款通过上海证券 交易所交易系统以集中竞价交易方式回购公司已发行的部分人民币普通股（A 股） 股票。 一、 提议人的基本情况及提议时间 1、提议人：公司实际控制人、董事长张和君先生 2、提议时间：2025 年 4 月 8 日 二、 提议人提议回购公司股份的原因和目的 基于对公司未来发展的信心和对公司价值的认可，为建立完善公司长效激励 机制，充分调动公司员工的积极性，有效地将股东利益、公司利益和员工个人利 益紧密结合在一起，促进公司健康可持续发展，根据相关法律法规，张和君先生 提议公司通过集中竞价交易方式进行股份回购 ...

Investment Rating - The report maintains a "Buy" rating for several companies, including Aishuo Co., Longi Green Energy, and others, with ratings ranging from A to B [1][8]. Core Insights - The solar industry is experiencing structural price increases in the supply chain, influenced by recent events such as the earthquake in Myanmar affecting silicon wafer production [1][6]. - The utilization rate of photovoltaic (PV) systems in February 2025 was reported at 93.4%, indicating strong performance in the sector [2][3]. - The Chinese government is enhancing policies for renewable energy pricing, aiming to optimize market mechanisms for electricity transactions [1][2]. Summary by Sections Investment Recommendations - Key stocks recommended for investment include Aishuo Co. and Longi Green Energy for new technology, and companies like Fulete and Hongdian Dongci for supply-side improvements [1][8]. Market Performance - The report notes that the solar industry has shown resilience, with a significant number of new PV projects being registered, totaling 4,000 in February 2025 [2][3]. Price Tracking - The average price of polysilicon remains stable at 40.0 CNY/kg, while silicon wafer prices have seen slight increases due to supply chain disruptions [4][6][7]. - The average price for M10 solar cells is reported at 0.31 CNY/W, with expectations for further price increases due to rising demand [7]. Policy Developments - The National Energy Administration has issued guidelines for renewable energy green power certificate issuance, which will impact the market dynamics for renewable energy projects [3].

近日，公司收到宁波曦晨私募基金管理有限公司通知，根据《中华人民共和 国证券投资基金法》等法律法规的要求，投资基金已在中国证券投资基金业协会 完成了备案手续，具体信息如下： 1、基金名称：宁波德润泰和创业投资合伙企业（有限合伙） 2、管理人名称：宁波曦晨私募基金管理有限公司 证券代码：605117 证券简称：德业股份 公告编号：2025-015 宁波德业科技股份有限公司 关于公司与专业机构共同投资设立投资基金的进展 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个别及连带责任。 一、本次对外投资概述 为推动公司持续发展，充分利用专业机构的经验和资源，拓宽公司产业布局 和战略视野，宁波德业科技股份有限公司（以下简称"公司"）与宁波曦晨私募 基金管理有限公司、戴志勇共同投资设立宁波德润泰和创业投资合伙企业（有限 合伙）（以下简称"投资基金"）。投资基金认缴出资总额为 10,000 万元，公司作 为有限合伙人以自有资金认缴出资人民币 8,800 万元，出资占比 88%，宁波曦晨 私募基金管理有限公司认缴出资人民币 200 万元，出资占比 ...

长江商报消息 ●长江商报记者 汪静 德业股份（605117.SH）拟加码工商储产能。 日前，德业股份发布公告称，公司全资子公司拟在慈溪滨海经济开发区投资建设年产16GWh工商储生 产线项目。该项目总投资金额预计不低于21.27亿元。 德业股份表示，随着海外工商储市场需求进一步释放，公司管理层基于当前行业环境及前景判断，满足 未来工商储销售增长需要，提前进行产能布局。 长江商报记者注意到，目前，德业股份在手现金充足。截至2024年9月末，公司货币资金为30.74亿元。 同时，在光伏行业低迷的情况下，重点布局海外市场的德业股份近年来实现逆势增长。2017年以来，公 司营收、净利连续双增。 拟投建工商储生产线项目 日前，德业股份发布公告称，公司全资子公司宁波德业储能科技有限公司（下称"德业储能"）与慈溪滨 海经济开发区管理委员会签署《投资协议书》，拟在慈溪滨海经济开发区投资建设年产16GWh工商储 生产线项目。 项目将分两期投入，一期规划年产能7GWh，固定资产投资预计不少于8.95亿元；二期规划年产能 9GWh，固定资产投资预计不少于12.32亿元。据此计算，该项目总投资金额预计不低于21.27亿元。 随着业务的 ...

4月2日，德业股份公布其竞得土地使用权暨对外投资进展情况。公告显示，公司以自有资金9407.80 万 元竞得取得浙江慈溪滨海经济开发区Ⅱ202409#地块国有建设用地使用权。投资项目将分两期进行，一 期7GWh，固定资产投资预计不少于8.95 亿元；二期9GWh，固定资产投资预计不少于12.32亿元。 德业股份表示，将在拿地后36个月内竣工投产，60个月达产复核。 在谈到此项对外投资对上市公司的影响时，德业股份表示，随着海外工商储市场需求进一步释放，公司 管理层基于当前行业环境及前景判断，为满足未来工商储销售规模增长需要，提前进行产能布局。本次 对外投资不会对公司2025年度经营业绩产生重大不利影响，后续项目成功实施将对未来经营业绩产生积 极影响。 根据此前发布的业绩预告，德业股份预计2024年实现归母净利润为29亿元至31亿元，同比增长61.92% 到73.09%，这其中储能逆变器和电池贡献了超60%的利润。在行业整体低迷的背景下，德业股份无疑是 行业"黑马"。 值得一提的是，根据去年三季度数据，其储能逆变器毛利率高达53.12%，远远超过光伏逆变器。 新华财经上海4月2日电（记者郭慕清）中国储能企业正以差 ...

宁波德业科技股份有限公司 关于全资子公司竞得土地使用权暨对外投资进展的 国有建设用地使用权的挂牌出让竞拍，并最终以人民币 9,407.80 万元竞得。德业 储能后续将依照规定与有关政府部门签署《成交确认书》及《国有建设用地使用 权出让合同》。 公司已于 2025 年 4 月 1 日召开第三届董事会第十二次会议审议通过《关于 全资子公司签署项目投资协议的议案》，同意德业储能与慈溪滨海经济开发区管 理委员会签署《投资协议书》，在慈溪滨海经济开发区投资建设年产 16GWh 工商 储生产线项目，并授权公司管理层负责办理与本次对外投资有关的相关事宜，包 括但不限于签署与本对外投资建设相关协议、投资项目备案登记等事宜。 证券代码：605117 证券简称：德业股份 公告编号：2025-014 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： ●宁波德业科技股份有限公司（以下简称"公司"）之全资子公司宁波德业 储能科技有限公司（以下简称"德业储能"）以自有资金 9,407.80 万元人民币竞 买取得慈溪滨海经济开发区 ...