| 证券代码：688223 | 证券简称：晶科能源 | 公告编号：2025-019 | | --- | --- | --- | | 债券代码：118034 | 债券简称：晶能转债 | | 晶科能源股份有限公司 关于 2024 年度利润分配预案的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： ●公司拟不进行 2024 年度利润分配，不进行资本公积转增股本。 ●本次利润分配预案经公司第二届董事会第十六会议、第二届监事会第十次 会议审议通过，尚需提交 2024 年年度股东大会审议。 ●公司不触及《上海证券交易所科创板股票上市规则》（以下简称"《科创板 股票上市规则》"）第 12.9.1 条第一款第（八）项规定的可能被实施其他风险警示 的情形。 一、利润分配预案内容 （一）利润分配方案的具体内容 经天健会计师事务所（特殊普通合伙）审计，晶科能源股份有限公司（以下 简称"公司"）2024 年度合并报表归属于上市公司股东的净利润为人民币 98,927,562.18 元，期末未分配利润为人民币 11,906,944 ...

Financial Performance - JinkoSolar reported a negative distributable profit for the fiscal year 2024, leading to no profit distribution or capital reserve transfer to shareholders[5]. - The company's operating revenue for 2024 was approximately ¥92.47 billion, a decrease of 22.08% compared to ¥118.68 billion in 2023[22]. - Net profit attributable to shareholders was ¥98.93 million, down 98.67% from ¥7.44 billion in the previous year[22]. - The net cash flow from operating activities decreased by 68.30%, from ¥24.82 billion in 2023 to ¥7.87 billion in 2024[25]. - Basic earnings per share dropped to ¥0.01, a decline of 98.65% compared to ¥0.74 in 2023[23]. - The weighted average return on equity fell to 0.30%, a decrease of 23.89 percentage points from 24.19% in 2023[24]. - The total assets decreased by 8.33% from ¥132.12 billion in 2023 to ¥121.11 billion in 2024[22]. - The company reported a significant decline in sales revenue due to intensified competition and falling prices in the photovoltaic market[25]. - The company experienced a net loss in the fourth quarter, with a net profit of -¥1.12 billion attributable to shareholders[27]. - The company's revenue for 2024 was 92.471 billion RMB, a decrease of 22.08% year-on-year, while net profit attributable to shareholders was 99 million RMB, down 98.67%[36]. Market Position and Strategy - Jinko Solar reported a revenue of RMB 10.5 billion for the last quarter, representing a year-over-year increase of 25%[21]. - The company shipped 5.2 GW of solar modules in the last quarter, a 30% increase compared to the same period last year[21]. - Jinko Solar expects to achieve a revenue target of RMB 45 billion for the full year 2024, indicating a growth of 20% from 2023[21]. - The company is exploring potential acquisitions in the European market to enhance its market presence and distribution channels[21]. - The company has established partnerships with three major utility companies to expand its project pipeline in North America[21]. - The company is focusing on developing customized solutions for zero-carbon parks and integrated solar-storage systems to enhance its market presence[41]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and diversify its offerings[174]. - The company plans to expand its market presence and is focusing on new product development to drive future growth[174]. Research and Development - Jinko Solar is investing RMB 1 billion in R&D for new solar technologies, aiming to improve conversion efficiency by 2% over the next two years[21]. - The total R&D expenditure for the year was approximately ¥4.41 billion, a decrease of 36.12% compared to the previous year's ¥6.90 billion[70]. - The company filed 796 new invention patents and obtained 387 patents during the reporting period, bringing the total number of valid patents to 3,010[68]. - The company is focusing on the commercialization of perovskite solar cells, achieving an efficiency of 21.68% and a record efficiency of 34.22% for tandem cells[73]. - The company has established a research laboratory dedicated to the development of next-generation high-efficiency battery components, ensuring a strong technological reserve[73]. - The company is committed to continuous optimization of its solar cell technology, with a focus on achieving industry-leading performance metrics[73]. - The company is actively participating in various international academic conferences, including the SNEC and IEEE PVSC, to stay updated on photovoltaic technology developments[67]. Governance and Risk Management - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. - JinkoSolar's financial report received a standard unqualified audit opinion from Tianjian Accounting Firm[4]. - The company has no special arrangements for corporate governance that would affect the annual report's accuracy and completeness[8]. - The company has implemented a comprehensive risk management strategy to address global policy risks and market uncertainties[79]. - The company has established an industry-leading integrated production capacity of approximately 100GW by the end of 2024, focusing on N-type TOPCon battery technology for efficiency and cost reduction[43]. - The company has maintained a transparent information disclosure system, with no incidents of information leakage or insider trading reported[168]. Operational Efficiency - The company is enhancing its financial risk management and operational efficiency to navigate the cyclical fluctuations in the photovoltaic industry[40]. - The company has implemented a dual sales model, utilizing direct sales for large projects and distribution for smaller commercial and residential markets, optimizing service processes and quality management[51]. - The company is focusing on the development of dual-sided modules, which enhance energy generation and reduce internal losses, thereby improving overall competitiveness[74]. - The company has adjusted its R&D project investments based on strategic planning and technological needs, leading to changes in ongoing project funding[75]. Sustainability and Environmental Impact - The company has established nine "zero-carbon factories" certified by TÜV Rheinland, promoting a significant reduction in the carbon footprint of photovoltaic components[81]. - The company is committed to sustainability initiatives, aligning with global trends and consumer preferences[174]. - The company aims to enhance the ecological impact of photovoltaic systems through integrated design and lifecycle assessment technologies[74]. Future Outlook - Future guidance indicates a positive outlook with expected revenue growth driven by increased user adoption and market expansion strategies[174]. - The company plans to issue global depositary receipts and list them on the Frankfurt Stock Exchange, indicating a strategy for market expansion[170]. - The company aims for an annual shipment target of 85-100GW in 2025, reinforcing its market leadership position[164]. - The global photovoltaic market is expected to see a 17% year-on-year growth in new installations, reaching approximately 698GW in 2025[154].

Financial Performance - The company's revenue for Q1 2025 was CNY 13.84 billion, a decrease of 40.03% compared to CNY 23.08 billion in the same period last year[6]. - The net profit attributable to shareholders was a loss of CNY 1.39 billion, down 218.20% from a profit of CNY 1.18 billion year-on-year[6]. - The net cash flow from operating activities was a negative CNY 2.62 billion, a decline of 323.43% compared to CNY 1.17 billion in the previous year[6]. - Total operating revenue for Q1 2025 was CNY 13.84 billion, a decrease of 40.2% compared to CNY 23.08 billion in Q1 2024[20]. - The net profit for Q1 2025 was a loss of CNY 1.45 billion, compared to a profit of CNY 1.18 billion in Q1 2024[21]. - The company's operating profit for Q1 2025 was a loss of CNY 2.08 billion, compared to a profit of CNY 1.47 billion in Q1 2024[21]. - The company reported a total comprehensive loss of CNY 1.46 billion for Q1 2025, compared to a comprehensive income of CNY 1.18 billion in Q1 2024[22]. Earnings Per Share - The basic earnings per share were CNY -0.14, a decline of 216.67% from CNY 0.12 in the previous year[6]. - The diluted earnings per share were CNY -0.14, down 227.27% from CNY 0.11 year-on-year[7]. - Basic earnings per share for Q1 2025 were CNY -0.14, compared to CNY 0.12 in Q1 2024[22]. Research and Development - Research and development expenses totaled CNY 495.90 million, a decrease of 63.17% from CNY 1.35 billion in the same period last year[7]. - Research and development expenses in Q1 2025 were CNY 128.78 million, a decrease of 57.6% from CNY 303.72 million in Q1 2024[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 119.03 billion, a decrease of 1.72% from CNY 121.11 billion at the end of the previous year[7]. - The total liabilities as of the end of the reporting period were CNY 86.56 billion, slightly down from CNY 87.19 billion in the previous period[19]. - The total equity attributable to shareholders was CNY 30.92 billion, a decrease from CNY 32.31 billion in the previous period[19]. - The total current assets as of March 31, 2025, amounted to RMB 66,886,217,910.95, a decrease from RMB 68,790,452,676.93 at the end of 2024[17]. - The total assets as of March 31, 2025, were RMB 119,032,648,312.30, down from RMB 121,109,877,893.38 at the end of 2024[17]. Cash Flow - In Q1 2025, the net cash flow from operating activities was -$2.62 billion, a significant decline compared to $1.17 billion in Q1 2024, indicating a negative cash flow trend[23]. - Total cash inflow from operating activities in Q1 2025 was $16.51 billion, down 25.6% from $22.18 billion in Q1 2024[23]. - Cash outflow from operating activities increased to $19.13 billion in Q1 2025, compared to $21.01 billion in Q1 2024, reflecting higher operational costs[23]. - Cash flow from investing activities showed a net outflow of -$573.37 million in Q1 2025, an improvement from -$2.39 billion in Q1 2024[24]. - Cash inflow from financing activities in Q1 2025 was $10.93 billion, up 52.5% from $7.17 billion in Q1 2024, indicating increased borrowing[24]. - The net cash flow from financing activities improved to $3.75 billion in Q1 2025, compared to a net outflow of -$3.27 billion in Q1 2024[24]. - The ending cash and cash equivalents balance increased to $24.55 billion in Q1 2025, compared to $12.73 billion in Q1 2024, showing a strong liquidity position[24]. - Cash received from the disposal of fixed assets was $62.09 million in Q1 2025, significantly higher than $16.52 million in Q1 2024, indicating asset monetization efforts[24]. - The company received $10.52 billion in borrowings in Q1 2025, a notable increase from $6.95 billion in Q1 2024, reflecting a strategy to enhance liquidity[24]. - The company reported a cash inflow of $415.13 million from other financing activities in Q1 2025, compared to $225.34 million in Q1 2024, indicating diversified funding sources[24]. Market and Industry Context - The company attributed the decline in revenue and profit primarily to the decrease in photovoltaic module prices[9]. - The company has faced pressure on profit levels due to low prices across the photovoltaic industry chain and changes in overseas trade policies[13]. - The company is actively responding to industry demand and policy changes while optimizing market strategies and supply chain management[13]. - The company is committed to maintaining its industry-leading position through continuous technology upgrades and product competitiveness[14]. - The total shipment volume for Q1 2025 was 19,130 MW, with module shipments at 17,504 MW, representing a year-over-year decrease of 12.68%[14]. - As of the end of the reporting period, the cumulative global shipment of photovoltaic modules exceeded 320 GW[14]. - The average efficiency of mass-produced high-efficiency N-type TOPCon cells reached over 26.6%[14]. - The company expects module shipments for Q2 2025 to be between 20 GW and 25 GW[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,561[10].

目 录 一、募集资金年度存放与使用情况鉴证报告………………………第 1—2 页 二、关于募集资金年度存放与使用情况的专项报告…………… 第 3—13 页 募集资金年度存放与使用情况鉴证报告 四、工作概述 天健审〔2025〕8370 号 晶科能源股份有限公司全体股东： 我们鉴证了后附的晶科能源股份有限公司（以下简称晶科能源公司）管理层 编制的 2024 年度《关于募集资金年度存放与使用情况的专项报告》。 一、对报告使用者和使用目的的限定 本鉴证报告仅供晶科能源公司年度报告披露时使用，不得用作任何其他目的。 我们同意将本鉴证报告作为晶科能源公司年度报告的必备文件，随同其他文件一 起报送并对外披露。 二、管理层的责任 晶科能源公司管理层的责任是提供真实、合法、完整的相关资料，按照《上 市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求（2022 年 修订）》（证监会公告〔2022〕15 号）和《上海证券交易所科创板上市公司自 律监管指引第 1 号——规范运作（2023 年 12 月修订）》（上证发〔2023〕194 号）的规定编制《关于募集资金年度存放与使用情况的专项报告》，并保证其内 容真实、准确、 ...

中信建投证券股份有限公司关于晶科能源股份有限公司 2024 年度持续督导现场检查报告 上海证券交易所： （一）保荐人 中信建投证券股份有限公司 （二）保荐代表人 1 陈昶、张世举 （三）现场检查时间 2022 年 1 月 26 日，晶科能源股份有限公司（以下简称"晶科能源"、"公司"） 首次公开发行股票在上海证券交易所科创板上市；2023 年 5 月 19 日，晶科能源 向不特定对象发行可转换公司债券在上海证券交易所上市。中信建投证券股份有 限公司（以下简称"中信建投"或"保荐人"）作为保荐人，根据《证券发行上 市保荐业务管理办法》《上海证券交易所上市公司自律监管指引第 11 号——持续 督导》等有关法律、法规和规范性文件的要求，于 2025 年 4 月 23 日对公司进行 了现场检查。 一、本次现场检查的基本情况 中信建投针对晶科能源的实际情况制订了晶科能源现场检查工作计划。为顺 利实施本次现场工作，提高现场工作效率，切实履行持续督导工作，中信建投证 券提前将现场检查事宜通知晶科能源，并要求公司提前准备现场检查工作所需的 相关文件和资料。 2025 年 4 月 23 日，中信建投保荐代表人根据事先制订的现场 ...

目 录 | 一、审计报告……………………………………………………… 第 1—6 | 页 | | | | --- | --- | --- | --- | | 二、财务报表……………………………………………………… 第 7—14 | 页 | | | | （一）合并资产负债表…………………………………………… 第 | 页 | 7 | | | （二）母公司资产负债表………………………………………… 第 | 页 | 8 | | | （三）合并利润表………………………………………………… 第 | 页 | 9 | | | （四）母公司利润表………………………………………………第 | | 10 | 页 | | （五）合并现金流量表……………………………………………第 | 页 | 11 | | | （六）母公司现金流量表…………………………………………第 | 页 | 12 | | | （七）合并所有者权益变动表……………………………………第 | 页 | 13 | | | （八）母公司所有者权益变动表…………………………………第 | 页 | 14 | | | | | 四、报告附件……………………………………………………第 137 ...

目 录 一、非经营性资金占用及其他关联资金往来情况的专项 审计说明…………………………………………………………第 1—2 页 二、非经营性资金占用及其他关联资金往来情况汇总表…………第 3—5 页 非经营性资金占用及其他关联资金往来情况的 专项审计说明 天健审〔2025〕8371 号 晶科能源股份有限公司全体股东： 我们接受委托，审计了晶科能源股份有限公司（以下简称晶科能源公司）2024 年度财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所有者权益变 动表，以及财务报表附注，并出具了审计报告。在此基础上，我们审计了后附的 晶科能源公司管理层编制的 2024 年度《非经营性资金占用及其他关联资金往来 情况汇总表》（以下简称汇总表）。 一、对报告使用者和使用目的的限定 本报告仅供晶科能源公司年度报告披露时使用，不得用作任何其他目的。我 们同意将本报告作为晶科能源公司年度报告的必备文件，随同其他文件一起报送 并对外披露。 为了更好地理解晶科能源公司 2024 年度非经营性资金占用及其他关联资金 往来情况，汇总表应当 ...

一、募集资金年度存放与使用情况鉴证报告………………………第 1—2 页 二、关于募集资金年度存放与使用情况的专项报告…………… 第 3—13 页 募集资金年度存放与使用情况鉴证报告 目 录 天健审〔2025〕8370 号 晶科能源股份有限公司全体股东： 我们鉴证了后附的晶科能源股份有限公司（以下简称晶科能源公司）管理层 编制的 2024 年度《关于募集资金年度存放与使用情况的专项报告》。 一、对报告使用者和使用目的的限定 本鉴证报告仅供晶科能源公司年度报告披露时使用，不得用作任何其他目的。 我们同意将本鉴证报告作为晶科能源公司年度报告的必备文件，随同其他文件一 起报送并对外披露。 二、管理层的责任 晶科能源公司管理层的责任是提供真实、合法、完整的相关资料，按照《上 市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求（2022 年 修订）》（证监会公告〔2022〕15 号）和《上海证券交易所科创板上市公司自 律监管指引第 1 号——规范运作（2023 年 12 月修订）》（上证发〔2023〕194 号）的规定编制《关于募集资金年度存放与使用情况的专项报告》，并保证其内 容真实、准确、完整，不存在虚 ...

关于营业收入扣除情况的专项核查意见 目 录 一、关于营业收入扣除情况的专项核查意见………………………第 1—2 页 二、2024 年度营业收入扣除情况表…………………………………第 3—5 页 天健审〔2025〕8372 号 晶科能源股份有限公司全体股东： 我们接受委托，审计了晶科能源股份有限公司（以下简称晶科能源公司）2024 年度财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的合并及母公司利润表、合并及母公司现金流量表、合并及母公司所有者权益变 动表，以及财务报表附注，并出具了审计报告。在此基础上，我们核查了后附的 晶科能源公司管理层编制的《2024 年度营业收入扣除情况表》（以下简称扣除 情况表）。 一、对报告使用者和使用目的的限定 本报告仅供晶科能源公司年度报告披露时使用，不得用作任何其他目的。我 们同意将本报告作为晶科能源公司年度报告的必备文件，随同其他文件一起报送 并对外披露。 为了更好地理解晶科能源公司 2024 年度营业收入扣除情况，扣除情况表应 当与已审的财务报表一并阅读。 二、管理层的责任 晶科能源公司管理层的责任是提供真实、合法、完整的相关资料 ...

目 录 一、内部控制审计报告…………………………………………第 1—2 页 内部控制审计报告 天健审〔2025〕8369 号 晶科能源股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我 们审计了晶科能源股份有限公司（以下简称晶科能源公司）2024 年 12 月 31 日 的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》以及《企业内部 控制评价指引》的规定，建立健全和有效实施内部控制，并评价其有效性是晶科 能源公司董事会的责任。 二、注册会计师的责任 中国·杭州 中国注册会计师： 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表 审计意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此外，由于 情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低， 根据内部控制审计结果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为，晶科能源公司于 2024 年 12 月 3 ...