新疆大全新能源股份有限公司 2 0 2 4 年年度股东会会议资料 证券代码：688303 证券简称：大全能源 新疆大全新能源股份有限公司 2024 年年度股东会 会议资料 2025 年 5 月 | 1 | œ | y | P | | 1 | | | --- | --- | --- | --- | --- | --- | --- | | . | | | | | | | | | | 新疆大全新能源股份有限公司 2 0 2 4 年年度股东会会议资料 2024 年年度股东会会议须知 为维护广大投资者的合法权益，确保股东在本次股东会期间依法行使权利， 根据《中华人民共和国公司法》、中国证券监督管理委员会颁布的《上市公司股 东会规则》和公司制定的《股东会议事规则》等有关规定，特制定本会议须知： 一、公司负责本次股东会的议程安排和会务工作，为确认出席大会的股东 或其代理人或其他出席者的出席资格，会议工作人员将对出席会议者的身份进 行必要的核对工作，请被核对者给予配合。 二、出席现场会议的股东及股东代理人须在会议召开前半小时到会议现场 办理签到手续，并按规定出示证券账户卡、身份证明文件或营业执照/注册证书 复印件（加盖公章） ...

Group 1 - A major rumor about a joint production cut by leading silicon material companies led to a temporary surge in the silicon material sector on May 13, but enthusiasm quickly faded on May 14, with significant stock price declines for major companies [1] - The rumored production cut plan is still in the discussion phase, with no official confirmation from the companies involved, indicating uncertainty about whether an agreement can be reached [1][2] - The proposed plan aims for six leading companies to reduce production and "store" capacity from smaller firms, targeting a price of 45,000 to 50,000 yuan per ton for silicon material, while current prices are around 35,000 yuan per ton [1][2] Group 2 - The current production cut proposal is seen as idealistic, as it requires unanimous agreement among the top six companies, which may be difficult without strong government intervention [2] - The upstream silicon material sector has fewer companies compared to downstream segments like batteries and modules, and the financial stability of these companies is under threat due to ongoing losses, with major firms collectively losing over 18 billion yuan last year [2] - Most silicon material companies are currently operating at reduced capacity due to declining prices in the downstream solar industry, leading to a reluctance to lower prices further [3]

Group 1 - The photovoltaic sector has recently shown strong performance, particularly in the silicon material segment, with major companies like Tongwei Co., Ltd. and GCL-Poly Energy Holdings experiencing significant stock price increases [1] - A circulating proposal among six leading silicon material manufacturers aims to consolidate remaining production capacity and implement stricter production controls to stabilize prices, with a target price range of 45,000 to 50,000 yuan per ton [1][3] - The year 2024 is projected to be the most financially challenging for silicon material companies, with major players collectively losing nearly 19 billion yuan due to plummeting polysilicon prices [1] Group 2 - There are significant disparities in technology, cash flow, costs, and capacity utilization among companies, raising doubts about the feasibility of the proposed consolidation plan [2] - Industry insiders confirm discussions among major silicon material manufacturers regarding capacity integration, but the final agreement remains uncertain [3] - The current market conditions have led many polysilicon companies to consider advancing maintenance schedules or adjusting production loads based on actual orders, with a projected reduction in domestic polysilicon production to approximately 96,000 tons in May, a decrease of about 3% [4]

Core Viewpoint - The A-share photovoltaic sector, particularly the silicon material segment, experienced a significant surge due to rumors of a "stockpiling" plan among major silicon material companies, although these claims remain unverified [1][2]. Group 1: Market Dynamics - The silicon material sector is currently facing a supply-demand tug-of-war, with utilization rates among leading silicon material companies reported between 20% to 50% [1][3]. - A recent report indicated that the average transaction price for N-type granular silicon was around 36,000 RMB per ton, reflecting a 2.7% decrease week-on-week [4]. - The domestic production of polysilicon is expected to decrease to approximately 96,000 tons in May, representing a month-on-month decline of about 3% [4]. Group 2: Industry Responses - Industry leaders are recognizing the need for collective action to reduce inventory, with some companies already reducing stock levels since last year [3][5]. - There is a consensus among industry players that limiting production is essential for addressing the high inventory levels and low prices that have fallen below cash costs [3][5]. - Some polysilicon companies are considering advancing their scheduled maintenance to the second quarter due to extreme market conditions [5]. Group 3: Future Outlook - The photovoltaic industry is projected to see a 23.6% year-on-year increase in polysilicon production, exceeding 1.82 million tons in 2024, despite facing significant operational pressures [5].

2025.05. 13 "目前头部硅料企业已基本达成共识。"第一财经记者今日另从某头部硅料厂获悉，共识的第一步是减 产，最头部的企业要大幅减产以实现硅料库存的去化。第二步是产能的去化，目前的基本思路是以收 买的方式实现尾部产能的去化。"资金方面，前期需要金融企业来提供很大一部分的资金支持，通过 未来的利润来实现金融企业的退出。" 微信编辑 | 小羊 本文字数：674，阅读时长大约2分钟 推荐阅读 作者 | 第一财经 陆如意 "降低30%至80%"，特朗普突然宣布降价！ 据光伏产业内人士分析，当前的多晶硅（硅料）环节处在"6+N"的产业格局中。6是六家头部公司， 分别为通威股份产能82万吨、协鑫科技48万吨、新特能源30万吨、大全能源30万吨、东方希望25.5 万吨、亚洲硅业22万吨，合计236万吨的硅料产能；N则代表硅料产业环节剩余所有公司，数量众多 但占据总和市场份额较小，有一定代表性的为青海利豪、合盛硅业、新疆晶诺、新疆其亚、宝丰能 源、宁夏润阳、固阳东方日升、固阳弘元绿能、天弘瑞科、青海南玻等。 上述光伏产业内分析人士认为，硅料环节6家头部公司的产品有效交付量至少占据行业需求75%以 上，硅料产业环节剩 ...

暗盘资金正涌入这些股票，点击速看>>> 光伏设备板块盘初活跃，大全能源涨超10%，通威股份（600438）涨超7%，钧达股份（002865）、海 优新材、晶澳科技（002459）纷纷上扬。 ...

| 回购方案首次披露日 | 2025/4/23 | | --- | --- | | 回购方案实施期限 | 2025/4/21~2026/4/20 | | 预计回购金额 | 5,000万元~10,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 0万股 | | 累计已回购股数占总股本比例 | 0% | | 累计已回购金额 | 0万元 | | 实际回购价格区间 | 0元/股~0元/股 | 2025 年 4 月 21 日，新疆大全新能源股份有限公司（以下简称"公司"）召开 第三届董事会第十七次会议，审议通过了《关于以集中竞价交易方式回购公司股 份方案的议案》。同意公司使用自有资金以集中竞价交易方式回购公司股份。本次 回购资金总额不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元（含）， 回购的股份将在未来适宜时机全部用于员工持股计划或股权激励，回购价格不超 过人民币 44.00 元/股（含），回购期限为自董事会审议通过本次回购股份方案之 日起不超过 12 个月。 证 ...

Group 1 - Daqo New Energy Corp. and other institutional investors hold a significant stake in Daqo Energy, with a total of 1.714 billion shares, representing 79.89% of the total share capital [1] - The top ten institutional investors collectively hold 79.72% of the shares, showing a slight decrease of 0.58 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, five funds increased their holdings, while four funds reduced their stakes, with a decrease in holdings accounting for 0.47% [2] - A total of 358 public funds did not disclose their holdings in this period, including several notable funds such as Guangfa Small Cap Growth Mixed (LOF) A and E Fund CSI 300 ETF [2]

证券代码：688303 证券简称：大全能源 公告编号：2025-025 新疆大全新能源股份有限公司 关于 2025 年第一季度报告的更正公告 本公司董事会及全体董事保证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。 新疆大全新能源股份有限公司（以下简称"公司"）于 2025 年 4 月 30 日披露 了《新疆大全新能源股份有限公司 2025 年第一季度报告》。 经公司复核，发现 2025 年第一季度报告中"三、其他提醒事项"之"2、其 他事项"中的"2025 年一季度单位销售价格（元/公斤）"未按不含税价列示，更 正后数据为： | | 2025 年 | | 2024 年 | | 本期数较上年同期 | | | --- | --- | --- | --- | --- | --- | --- | | | 一季度 | | 一季度 | | 数的变动比例 | | | 单位销售价格（元/公斤）（1） | | 31.77 | | 54.92 | | -42.2% | 除上述更正的信息外，公司 2025 年第一季度报告其他信息无误。 公司对上述更正给投资者带来的不便深 ...

Financial Performance - Revenue for Q1 2025 was CNY 90,724.64 million, a decrease of 69.57% compared to the same period last year[4] - Net profit attributable to shareholders was CNY -55,801.54 million, representing a decline of 268.78% year-over-year[4] - Basic earnings per share were CNY -0.26, down 273.33% from CNY 0.15 in the previous year[4] - Total operating revenue for Q1 2025 was ¥907,246,402.70, a significant decrease of 69.6% compared to ¥2,981,638,964.33 in Q1 2024[25] - The net loss for Q1 2025 was ¥558,015,371.85, compared to a net profit of ¥330,613,498.00 in Q1 2024, indicating a shift in performance[26] - The operating profit for Q1 2025 was -¥645,254,008.82, contrasting with an operating profit of ¥429,670,129.61 in Q1 2024[26] Research and Development - Research and development expenses totaled CNY 4,118.36 million, a reduction of 69.89% compared to CNY 13,677.07 million last year[5] - Research and development expenses for Q1 2025 were ¥3,689,559.58, a decrease from ¥11,032,870.24 in Q1 2024[25] Cash Flow - Cash flow from operating activities was CNY -81,072.17 million, reflecting a significant decline due to reduced revenue[4] - The net cash outflow from operating activities was CNY -810,721,733.62, improving from CNY -1,668,028,219.69 in the same period last year[27] - The cash inflow from operating activities was CNY 408,070,236.54, a decrease of 59.5% compared to CNY 1,008,295,853.99 in Q1 2024[27] - The cash inflow from investment activities totaled CNY 5,077,705,369.73, with a net cash outflow of CNY -2,050,160,736.24, compared to CNY -548,307,632.91 in Q1 2024[28] - The total cash outflow from investment activities was CNY 7,127,866,105.97, significantly higher than CNY 548,307,632.91 in the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,316,607.33 million, down 2.34% from the previous year-end[5] - The company's total assets amounted to RMB 43.17 billion, a decrease from RMB 44.20 billion at the end of 2024[20] - The company's total liabilities decreased from ¥4,042,508,028.88 in the previous period to ¥3,564,191,621.95[23] - The total equity attributable to shareholders decreased from ¥40,157,741,287.32 to ¥39,601,881,656.05[23] Production and Sales - In Q1 2025, the company produced 24,810 tons of polysilicon, a decrease of 60.2% year-over-year, and sold 28,008 tons, down 48.1% from the previous year[14] - The average selling price per kilogram was RMB 31.77, a decline of 42.2%, while the unit cost increased by 15.4% to RMB 53.08[14] - The company expects total production for 2025 to be between 110,000 and 140,000 tons, with Q2 production projected at 25,000 to 28,000 tons[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,011[9] - Daqo New Energy Corp. held 71.40% of the shares, with a total of 1,531,718,500 shares[9] Financial Strategy - The company is focusing on inventory digestion and financial optimization to withstand the cyclical pressures in the polysilicon industry[13] - The company approved a share buyback plan with a total fund of no less than RMB 50 million and no more than RMB 100 million, with a maximum buyback price of RMB 44 per share[12]