证券代码：688390 证券简称：固德威 公告编号：2025-031 固德威技术股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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、准确性和完整性承担法律责任。 重要内容提示： ? 会议召开时间：2025 年 09 月 04 日（星期四）09:00-10:00 ? 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） ? 会议召开方式：上证路演中心网络互动 ? 投资者可于 2025 年 08 月 29 日（星期五）至 09 月 03 日（星期三）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 09 月 04 日（星期四）09:00-10:00 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 三、参加人员 公司董事长兼总经理黄敏先生，董事会秘书王银超先生、财务总监都进利先 生、独立董 ...

Investment Rating - The investment rating for the company is Neutral [2][10]. Core Views - The company is expected to benefit from the growth in household storage demand in Europe and Australia, with a notable recovery in performance [7]. - The company's revenue for Q2 2025 was RMB 2.02 billion, showing a year-on-year increase of 9.0% and a quarter-on-quarter increase of 17.1% [7]. - The net profit for Q2 2025 was RMB 0.11 billion, a significant year-on-year increase of 129% and a return to profitability compared to the previous quarter [7]. - The company has seen strong sales growth in various products, particularly in the domestic market, although the profit contribution remains limited [7]. - Exports to Europe have shown a significant recovery, with a year-on-year increase of 28% in July, while exports to Australia surged by 187% [7]. - The target price for the company has been raised to RMB 49.00, reflecting an adjustment in market valuation [7]. Financial Overview - Revenue projections for the company are as follows: RMB 7,353 million in 2023, RMB 6,738 million in 2024, and expected to rise to RMB 8,022 million in 2025 [6][12]. - The net profit is projected to recover from a loss of RMB 62 million in 2024 to RMB 170 million in 2025, and further to RMB 457 million in 2026 [12]. - The company’s earnings per share (EPS) is expected to improve from a loss of RMB 0.25 in 2024 to RMB 0.70 in 2025 [12]. - The company’s market capitalization is approximately RMB 7,976.76 million, with a year-to-date change of 22.89% [4].

Group 1 - Hailiang Co., Ltd. achieved a revenue of 44.476 billion yuan, a year-on-year increase of 1.17%, and a net profit of 711 million yuan, a year-on-year increase of 15.03% [1] - Yinfai Storage reported a revenue of 543 million yuan, a year-on-year decrease of 18.97%, and a net profit of 62.347 million yuan, a year-on-year decrease of 20.05% [1] - Huamao Technology achieved a revenue of 1.108 billion yuan, a year-on-year increase of 14.42%, and a net profit of 137 million yuan, a year-on-year increase of 3.21% [2] Group 2 - Postal Savings Bank reported a revenue of 179.446 billion yuan, a year-on-year increase of 1.5%, and a net profit of 49.228 billion yuan, a year-on-year increase of 0.85% [4] - Bright Dairy achieved a revenue of 12.472 billion yuan, a year-on-year decrease of 1.9%, and a net profit of 217 million yuan, a year-on-year decrease of 22.53% [6] - Pianzaihuang reported a revenue of 5.379 billion yuan, a year-on-year decrease of 4.81%, and a net profit of 1.442 billion yuan, a year-on-year decrease of 16.22% [7] Group 3 - Great Wall Motors achieved a revenue of 92.335 billion yuan, a year-on-year increase of 0.99%, and a net profit of 6.337 billion yuan, a year-on-year decrease of 10.21% [9] - Haowei Group reported a revenue of 13.956 billion yuan, a year-on-year increase of 15.42%, and a net profit of 2.028 billion yuan, a year-on-year increase of 48.34% [10] - Batian Co., Ltd. achieved a revenue of 2.543 billion yuan, a year-on-year increase of 63.93%, and a net profit of 456 million yuan, a year-on-year increase of 203.71% [12] Group 4 - Yuxin Technology reported a revenue of 1.415 billion yuan, a year-on-year decrease of 5.01%, and a net profit of 220 million yuan, a year-on-year increase of 35.26% [14] - Zhongti Industry reported a revenue of 787 million yuan, a year-on-year decrease of 25.24%, and a net loss of 24.3955 million yuan [15] - Kemei Diagnostics achieved a revenue of 165 million yuan, a year-on-year decrease of 27.03%, and a net profit of 24.3408 million yuan, a year-on-year decrease of 68.24% [16] Group 5 - Huatai Co., Ltd. reported a revenue of 6.409 billion yuan, a year-on-year decrease of 1.86%, and a net profit of 67.6382 million yuan, a year-on-year decrease of 63.13% [17] - Fudan Fuhua reported a revenue of 326 million yuan, a year-on-year increase of 2.20%, and a net loss of 711.58 million yuan [19] - Haili Co., Ltd. achieved a revenue of 12.426 billion yuan, a year-on-year increase of 13.16%, and a net profit of 333.546 million yuan, a year-on-year increase of 693.76% [21] Group 6 - Xintong New Science reported a revenue of 61.852 million yuan, a year-on-year increase of 8.49%, and a net loss of 30.393 million yuan [22] - Newzhisoft achieved a revenue of 897 million yuan, a year-on-year decrease of 3.40%, and a net profit of 30.3531 million yuan, a year-on-year increase of 42.84% [24] - Maolai Optics reported a revenue of 319 million yuan, a year-on-year increase of 32.26%, and a net profit of 32.7555 million yuan, a year-on-year increase of 110.36% [25] Group 7 - Qianjin Pharmaceutical achieved a revenue of 1.818 billion yuan, a year-on-year decrease of 5.52%, and a net profit of 128 million yuan, a year-on-year increase of 8.50% [28] - Quanfeng Automotive reported a revenue of 1.218 billion yuan, a year-on-year increase of 18.90%, and a net loss of 167 million yuan [29] - Zhongjin Lingnan's application for a specific issuance of A-shares has been accepted by the Shenzhen Stock Exchange [31] Group 8 - Zhonglv Electric achieved a revenue of 2.333 billion yuan, a year-on-year increase of 29.30%, and a net profit of 618 million yuan, a year-on-year increase of 33.06% [33] - Sanhuan Group reported a revenue of 4.149 billion yuan, a year-on-year increase of 21.05%, and a net profit of 1.237 billion yuan, a year-on-year increase of 20.63% [35] - China Energy Construction achieved a revenue of 212.091 billion yuan, a year-on-year increase of 9.18%, and a net profit of 28.02 billion yuan, a year-on-year increase of 0.72% [37] Group 9 - Liou Co., Ltd. reported a revenue of 9.635 billion yuan, a year-on-year decrease of 9.62%, and a net profit of 478 million yuan, turning from a loss to profit [38] - Suzhou Bank achieved a revenue of 6.504 billion yuan, a year-on-year increase of 1.81%, and a net profit of 3.134 billion yuan, a year-on-year increase of 6.15% [40] - Shunxin Agriculture reported a revenue of 4.593 billion yuan, a year-on-year decrease of 19.24%, and a net profit of 173 million yuan, a year-on-year decrease of 59.09% [43] Group 10 - Tongfu Microelectronics achieved a revenue of 13.038 billion yuan, a year-on-year increase of 17.67%, and a net profit of 412 million yuan, a year-on-year increase of 27.72% [44] - Weidao Nano reported a revenue of 1.05 billion yuan, a year-on-year increase of 33.42%, and a net profit of 192 million yuan, a year-on-year increase of 348.95% [44] - ZTE Corporation achieved a revenue of 715.53 billion yuan, a year-on-year increase of 14.51%, and a net profit of 50.58 billion yuan, a year-on-year decrease of 11.77% [46]

Core Viewpoint - The company, Goodwe (688390.SH), reported a significant increase in revenue for the first half of 2025, driven by the positive development of the photovoltaic industry and expansion in both domestic and international markets [1] Financial Performance - The company achieved an operating revenue of 4.086 billion yuan, representing a year-on-year growth of 29.8% [1] - The net profit attributable to shareholders was a loss of 16.598 million yuan, with a basic earnings per share of -0.07 yuan [1] Market Dynamics - The growth in operating revenue was primarily supported by the sales increase in inverters and household systems compared to the same period last year [1]

Core Viewpoint - Greeway (688390) reported a revenue of 4.086 billion yuan for the first half of 2025, marking a year-on-year growth of 29.8%, despite a net loss attributable to shareholders of 16.598 million yuan and a basic earnings per share of -0.07 yuan [1] Group 1 - The company's revenue growth is primarily driven by the favorable development of the photovoltaic industry [1] - Greeway has been actively expanding its photovoltaic market both domestically and internationally [1] - Sales of inverters and household systems have increased compared to the same period last year [1]

固德威技术股份有限公司 2025年度"提质增效重回报"专项行动方案的 半年度评估报告 固德威技术股份有限公司为践行"以投资者为本"的上市公司发展理念，维 护公司全体股东利益，基于对公司未来发展前景的信心、对公司价值的认可和切 实履行社会责任，公司于 2025 年 4 月 29 日发布了《固德威技术股份有限公司 2024 年度"提质增效重回报"行动方案评估报告暨 2025 年度"提质增效重回报" 行动方案》，以进一步提升公司经营效率，强化市场竞争力，保障投资者权益， 稳定股价，树立良好的资本市场形象。公司根据行动方案内容，积极开展和落实 各项工作，并定期评估行动方案的执行情况。2025 年上半年具体执行情况如下： 1、持续加大研发投入，巩固研发团队成果 截至 2025 年 6 月 30 日，公司拥有已授权知识产权 687 项，其中发明专利 105 项、实用新型专利 369 项、外观设计专利 100 项，软件著作权 95 项、其他 类知识产权 18 项。报告期内，公司新增已授权知识产权 72 项，其中发明专利 8 项、实用新型专利 45 项、外观设计专利 14 项、软件著作权 5 项。 2025 年上半年公司持续 ...

证券代码：688390 证券简称：固德威 公告编号：2025-031 固德威技术股份有限公司 关于召开 2025 年半年度业绩说明会的公告 （二）会议召开地点：上证路演中心 会议召开时间：2025 年 09 月 04 日（星期四）09:00-10:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 （三）会议召开方式：上证路演中心网络互动 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法律责任。 重要内容提示： 投资者可于 2025 年 08 月 29 日（星期五）至 09 月 03 日（星期三）16:00 前 登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 ir@goodwe.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 固德威技术股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 ...

固德威技术股份有限公司2025 年半年度报告 公司代码：688390 公司简称：固德威 固德威技术股份有限公司 2025 年半年度报告 2025 年 8 月 1 / 191 固德威技术股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 八、 前瞻性陈述的风险声明 √适用 □不适用 二、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，具体内容详见本报告第三节"管理层讨论 与分析"之"四、风险因素"相关内容。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人黄敏、主管会计工作负责人都进利及会计机构负责人（会计主管人员）毕晓亮 声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 本报告所涉及的公司未来发展战略、业务规划、经营计划、财务状况预期等前瞻性陈述。这 些陈述乃基于当前能够掌握的信息与数据对未来 ...

截至2025年8月28日 13:01，中证新能源指数上涨0.70%，成分股捷佳伟创上涨17.38%，正泰电器10cm涨停，璞泰来上涨7.57%，固德威上涨5.30%，帝尔激 光上涨5.19%。新能源ETF(159875)上涨0.58%。 流动性方面，新能源ETF盘中换手3.43%，成交3149.51万元。拉长时间看，截至8月27日，新能源ETF近1周日均成交6581.66万元。规模方面，新能源ETF近1 周规模增长1833.44万元。 近日，国家能源局会同国家发改委推进电力市场建设、发挥电价政策作用，以促进新型储能调节作用，具体包括：明确新型储能等主体平等市场地位并推动 其公平参与市场；2025 年底实现省级电力现货市场基本全覆盖，完善辅助服务市场；深化电价改革，推动新能源与新型储能入市。 银河证券指出，《2025 年能源工作指导意见》提出要统筹新能源发展和消纳体系建设等重点问题研究，创新新能源价格机制和消纳方式，推动新能源全面 参与市场，实现新能源由保障性收购向市场化消纳转变，预计政策持续刺激下新能源消纳和电价问题有望迎来边际改善。 数据显示，截至2025年7月31日，中证新能源指数前十大权重股分别为宁德时 ...

截至8月27日，光伏ETF(159857)近1年规模增长5.24亿元，实现显著增长。 截至2025年8月28日11:05，光伏ETF(159857)上涨2.51%，盘中换手6.79%，成交1.57亿元。跟踪指数成分股捷佳伟创(300724)上涨18.75%，正泰电器(601877) 上涨9.99%，美畅股份(300861)上涨9.91%，固德威(688390)，帝尔激光(300776)等个股跟涨。 光伏ETF(159857)紧密跟踪中证光伏产业指数，该指数将主营业务涉及光伏产业链上、中、下游的上市公司股票作为待选样本，选取不超过50家最具代表性 公司作为样本股，以反映光伏产业公司的整体表现。光伏ETF(159857)还配备了场外指数基金（A：011102；C：011103）。 消息面上，近日，国内外行业协会和研究机构普遍上调2025年全年光伏发电新增装机规模预测数值。据中国光伏行业协会数据，今年上半年我国光伏发电累 计装机规模突破1000吉瓦，占我国总发电装机容量的30%，所占比重持续提升，同期火电装机占比进一步下降至40%。今年前6个月，国内光伏发电新增装 机规模达到212.21吉瓦，同比增长107%，再创 ...