独立董事候选人声明与承诺 本人阮新波，已充分了解并同意由提名人固德威技术股份有限公司（以下 简称"公司"）董事会提名为固德威技术股份有限公司第四届董事会独立董事候选 人。本人公开声明，本人具备独立董事任职资格，保证不存在任何影响本人担任 固德威技术股份有限公司独立董事独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行政法规、部门 规章及其他规范性文件，具有 5 年以上法律、经济、会计、财务、管理或者其他 履行独立董事职责所必需的工作经验。 本人已经参加培训并取得证券交易所认可的相关培训证明材料。 二、本人任职资格符合下列法律、行政法规和部门规章以及公司规章的要 求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证券交易所自律监 管规则以及公司章程有关独立董事任职资格和条件的相关规定； （四）中共中央纪委、中共中央组织部《关于规范中管干部辞去公职或者 退（离）休后担任上市公司、基金管理公司独立董事、独立监事的通知》的规定 （如适用）； （五）中 ...

独立董事提名人声明与承诺 提名人固德威技术股份有限公司（以下简称"公司"）董事会，现提名阮新 波先生为固德威技术股份有限公司第四届董事会独立董事候选人，并已充分了解 被提名人职业、学历、职称、详细的工作经历、全部兼职、有无重大失信等不良 记录等情况。被提名人已同意出任固德威技术股份有限公司第四届董事会独立董 事候选人（参见该独立董事候选人声明）。提名人认为，被提名人具备独立董事 任职资格，与固德威技术股份有限公司之间不存在任何影响其独立性的关系，具 体声明并承诺如下： 一、被提名人具备上市公司运作的基本知识，熟悉相关法律、行政法规、 规章及其他规范性文件，具有 5 年以上法律、经济、会计、财务、管理或者其他 履行独立董事职责所必需的工作经验。 被提名人已经参加并取得证券交易所认可的相关培训证明材料。 （二）《中华人民共和国公务员法》关于公务员兼任职务的规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证券交易所自律监 管规则以及公司章程有关独立董事任职资格和条件的相关规定； （四）中共中央纪委、中共中央组织部《关于规范中管干部辞去公职或者 退（离）休后担任上市公司、基金管理公司独立董事、独立 ...

证券代码：688390 证券简称：固德威 公告编号：2025-046 固德威技术股份有限公司 关于公司董事会换届选举的公告 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。 固德威技术股份有限公司（以下简称"公司"）第三届董事会任期已届满。根 据《公司法》《上海证券交易所科创板股票上市规则》《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》等法律、法规、规范性文件以及《公 司章程》等有关规定，公司开展董事会的换届选举工作。具体情况如下： 一、董事会换届选举情况 公司于 2025 年 12 月 17 日召开第三届董事会第三十八次会议，审议通过了 《关于修订<公司章程>并办理工商变更登记的议案》，拟将董事会成员人数由 6 人调整为 7 人，其中非独立董事 3 名、独立董事 3 名，职工代表董事 1 名，并修 改《公司章程》相关内容。上述议案尚需提交公司 2026 年第一次临时股东会审 议。本次董事会换届选举以股东会审议通过关于修订《公司章程》相关内容为前 提条件。 同次会议，公司审议通过了《关于董事会换届选举暨 ...

固德威技术股份有限公司 关于召开2026年第一次临时股东会的通知 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。 重要内容提示： 证券代码：688390 证券简称：固德威 公告编号：2025-048 一、 召开会议的基本情况 （一） 股东会类型和届次 2026年第一次临时股东会 （四） 现场会议召开的日期、时间和地点 召开日期时间：2026 年 1 月 6 日 14 点 30 分 召开地点：固德威智慧能源大厦二楼会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 1 月 6 日 至2026 年 1 月 6 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为股东会召开当日的 9:15-15:00。 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照《上海证券交易所科创板 ...

证券简称：固德威 证券代码：688390 固德威技术股份有限公司 2026 年第一次临时股东会会议资料 江苏 苏州 2026 年 1 月 2026 年第一次临时股东会 会议须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证大 会的顺利进行，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》以及 《公司章程》《股东会议事规则》等相关规定，特制定 2026 年第一次临时股东会 会议须知。 一、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、为保证本次大会的严肃性和正常秩序，切实维护股东的合法权益，请出 席大会的股东或其代理人或其他出席者准时到达会场签到确认参会资格，在会议 主持人宣布现场出席会议的股东和代理人人数及所持有的表决权数量之前，会议 登记应当终止。 三、会议按照会议通知上所列顺序审议、表决议案。 四、股东及股东代理人参加股东会依法享有发言权、质询权、表决权等权利。 股东及股东代理人参加股东会应认真履行其法定义务，不得侵 ...

Core Viewpoint - The Chinese central bank emphasizes the continuation of a moderately loose monetary policy to maintain ample liquidity and support economic growth, particularly in key areas such as domestic demand, technological innovation, and small and micro enterprises [1] Group 1: Market Performance - The CSI A500 ETF (560510) rose by 0.18% with a transaction volume of 32.2267 million yuan as of 10:57 AM [1] - The CSI A500 Index (000510) increased by 0.10%, with notable gains in constituent stocks such as Dongfang Risheng (300118) up 20.02%, Goodway (688390) up 12.42%, and Nanda Optoelectronics (300346) up 10.94% [1] Group 2: Policy Insights - The central bank's meeting highlighted the "strong supply and weak demand" contradiction, aiming for qualitative improvements and reasonable quantitative growth in the economy [1] - Future policies are expected to focus more on domestic demand, with an emphasis on enhancing consumption resilience and driving innovation and reform [1] Group 3: Investment Strategy - Analysts suggest a balanced allocation between dividend and technology styles, with attention to industries that may experience marginal catalysts, while waiting for a potential "spring rally" [2] - The CSI A500 Index is noted for its strong market representation and higher coverage of emerging sectors, making it a valuable tool for capturing core strengths in various industries during economic transformation [2]

Group 1: Core Insights - The report highlights a new growth cycle for energy storage, projecting significant increases in installed capacity and demand in both domestic and international markets [2][5][32] - Domestic energy storage demand is driven by capacity pricing and innovative business models, with a projected installed capacity of 163 GWh in 2025, a 47% year-on-year increase, and 265 GWh in 2026, a 60% increase [2][32] - Internationally, the U.S. is experiencing a surge in demand due to AI data centers, while Europe and emerging markets are also showing strong growth potential [2][34] Group 2: Domestic Market Dynamics - In the domestic market, the introduction of capacity pricing subsidies by local governments has significantly boosted the internal rate of return (IRR) for energy storage projects, with IRR rates ranging from 6% to 12% [2][13] - The report notes that from January to November 2025, domestic energy storage bidding reached 190 GWh, a 138% increase year-on-year, with a total of 175 GWh awarded [2][27] - The cumulative installed capacity of domestic energy storage reached 72 GWh from January to October 2025, marking a 42% increase year-on-year [2][27] Group 3: International Market Trends - The U.S. is expected to see a demand for approximately 53 GWh of new energy storage installations in 2025, driven by AI data centers and peak load shortages [2][34] - In Europe, the energy storage market is projected to grow significantly, with an expected installation of 20 GWh in 2025, a 131% increase year-on-year, and 42 GWh in 2026, a 109% increase [2][34] - Emerging markets, particularly in the Middle East, Australia, Southeast Asia, and South America, are anticipated to contribute to a combined installation of 34 GWh in 2025, a 220% increase year-on-year [2][34] Group 4: Industry Chain and Competitive Landscape - The global demand for energy storage batteries is projected to reach 628 GWh in 2025, a 91% increase, and 663 GWh in 2026, a 61% increase [2][6] - The report indicates that leading companies in the energy storage sector, such as Tesla and BYD, are expected to strengthen their market positions as battery prices stabilize and production capacity increases [2][6] - The integration of large battery cells is expected to reduce system costs by 10-15%, enhancing the competitive advantage of leading firms [2][6] Group 5: Investment Recommendations - The report recommends strong investment in large-scale energy storage companies, including Sungrow Power Supply, CATL, and BYD, as they are positioned to benefit from the anticipated growth in the market [2][6] - It also highlights the potential for growth in residential and commercial energy storage sectors, suggesting companies like DeYe and Airo Energy as promising investment opportunities [2][6]

Summary of the Conference Call for GoodWe Company Overview - The company discussed its performance in the energy storage and inverter sectors, with a focus on expanding into Southeast Asia and other emerging markets [2][4][6]. Key Points and Arguments Financial Performance - The company expects fourth-quarter revenue to be approximately 500 million yuan, remaining stable compared to the third quarter [2][4]. - The average monthly shipment of energy storage inverters is projected to be between 15,000 to 20,000 units, consistent with or slightly above the previous quarter [2][4][5]. Energy Storage Business - Energy storage batteries are expected to see a quarter-on-quarter growth of 30% to 50%, with November achieving a historical high, primarily due to subsidies in the Australian market [2][4][5]. - The Australian market accounts for 40% to 50% of the company's energy storage business, while Europe contributes 30% to 40% [2][4][5]. Market Expansion - The company is actively expanding into emerging markets such as Southeast Asia, the Middle East, Ukraine, and Pakistan, which are gradually developing towards integrated energy storage systems [2][6]. - The company holds a market share of approximately 10% in the Australian household storage market, ranking among the top five competitors [2][9]. Product Development - A new ESA integrated machine product was launched in late October to early November, receiving positive market feedback and is expected to enhance market share [2][10]. Market Trends and Outlook - Demand in Australia is expected to remain stable or slightly increase in 2026, with emerging markets in Asia, Africa, and Latin America contributing additional growth [3][12]. - The company maintains an optimistic outlook for 2026, focusing on consolidating traditional strengths in household photovoltaics and accelerating commercial and large-scale energy storage projects [2][7][13]. Competitive Landscape - The company faces competition from players like Siga and FOX, with Tesla's market share declining [9]. - The Australian market experiences seasonal fluctuations, with stronger performance in the second, third, and fourth quarters, driven by subsidy policies [11]. Future Projections - The company anticipates a significant increase in energy storage system shipments, projecting a growth of 30% to 50% in 2026 [13]. - The company is also exploring ODM orders and pilot projects in energy storage, aiming to establish a more independent business unit [14]. Challenges and Risks - Short-term market issues may impact sales volume, while long-term challenges could affect brand reputation and customer confidence [8]. - The company acknowledges the need for reliable systems, especially in light of recent instability in competitor products [8]. Regional Insights - The Ukrainian market currently has a low shipment volume of about 1,000 units per month, but there are opportunities for growth as competitors have begun to capitalize on this market [21]. Additional Important Information - The company is focusing on integrating energy storage systems and enhancing the reliability and safety of its products over the next few years [14]. - The energy storage market is expected to see significant growth in both commercial and residential sectors, with a focus on larger capacity systems [12][17].

Core Viewpoint - The global photovoltaic and energy storage market is transitioning from "scale expansion" to "high-quality development," focusing on technology iteration, service experience, and sustainability rather than just capacity competition [1]. Group 1: Market Trends - The demand in overseas markets is shifting from "high-performance products" to "user-friendly, durable, and green overall solutions" [1]. - The recent power outage in Spain highlighted the importance of energy storage systems for maintaining energy balance in Europe [5]. - The challenge of over 700 million people in Africa, Asia, and Latin America lacking electricity is driving the industry to further reduce the cost of photovoltaic and energy storage solutions [5]. Group 2: Company Strategies - GoodWe aims to create a new ecosystem of energy producers and consumers by enabling users to generate and use green electricity on-site, significantly reducing electricity costs from an average of 0.8 yuan/kWh to 0.2-0.3 yuan/kWh [3][5]. - The company has established a brand strategy to become a leader in smart energy solutions, focusing on user engagement and sustainable practices [3][11]. - Airo, a storage solution expert, emphasizes the need for integrated, intelligent systems that address customer demands for seamless energy generation, storage, and usage [8][12]. Group 3: Brand Building and Marketing - GoodWe recognizes the importance of building brand awareness around end-users, as they ultimately become energy producers and consumers [3]. - Airo has engaged in brand marketing by sponsoring Borussia Dortmund, leveraging the club's influence to build long-term trust in the German market [9][10]. - Both companies utilize LinkedIn to precisely target and connect with core customer groups, enhancing brand promotion and customer engagement [6][10]. Group 4: ESG Commitment - GoodWe joined the UN Global Compact in 2021 and established a sustainable development research institute in 2023 to elevate ESG to a strategic level [11]. - The company aims to integrate ESG practices into every aspect of its operations, ensuring that sustainability is not just a compliance issue but a core part of its business model [12]. - Airo emphasizes that ESG is fundamental to product development and operations, focusing on transparency, safety, and sustainability in its supply chain [12][13].

二、清洁电力转换设备行业发展现状 内容概要：清洁电力转换设备是连接和优化清洁能源与传统电网或负载之间的"智能桥梁"和"交通枢 纽"。各国政策强力推动风电、光伏等新能源装机量持续增长，直接拉动了上游转换设备的需求。2024 年全球清洁电力转换设备市场规模724亿美元，其中，储能系统284亿美元，占38.02%；光伏逆变器220 亿美元，占29.45%；风电变流器19亿美元，占2.54%；氢能电解槽17亿美元，占2.28%；新能源汽车电 控及电源系统与充电设备158亿美元，占21.15%；AIDC电源49亿美元，占6.56%。预计2025年全球清洁 电力转换设备市场规模将达到916亿美元，其中，储能系统约365亿美元，约占39.93%；光伏逆变器约 249亿美元，约占27.24%；风电变流器约24亿美元，约占2.63%；氢能电解槽约48亿美元，约占5.25%； 新能源汽车电控及电源系统与充电设备约157亿美元，约占17.18%；AIDC电源约71亿美元，约占 7.77%。 上市企业：固德威[688390]、阳光电源[300274]、锦浪科技[300763]、首航新能[301658]、科华数据 [002335]、上 ...