日前，中信博与中国电力工程顾问集团西北电力设计院有限公司签署阿塞拜疆1GW项目订单。本次签 约的阿塞拜疆1GW订单含比利亚苏瓦尔、班卡两项目，其中比利亚苏瓦尔项目为阿塞拜疆在建最大光 伏项目。(人民财讯) ...

Core Viewpoint - The company, Jiangsu CITIC Bo New Energy Technology Co., Ltd., has initiated a share buyback program, having repurchased 800,000 shares as of May 31, 2025, representing 0.3652% of its total share capital [1][2]. Summary by Sections 1. Basic Information on Share Buyback - The company approved a share buyback plan on April 15, 2025, allowing the use of self-owned funds and/or special loan funds for the buyback, with a maximum repurchase price set at 80 RMB per share [1]. - The total amount allocated for the buyback is between 70 million RMB and 100 million RMB, with a buyback period of 12 months from the board's approval date [1]. 2. Progress of Share Buyback Implementation - As of May 31, 2025, the company has repurchased 800,000 shares through the Shanghai Stock Exchange, with a maximum transaction price of 50.00 RMB per share and a minimum price of 48.24 RMB per share, totaling 39,642,481.31 RMB [2]. - The buyback is in compliance with relevant laws and regulations, as well as the company's buyback plan requirements [2]. 3. Other Matters - The company will adhere to the regulations regarding share buybacks and will make decisions based on market conditions during the buyback period, ensuring timely disclosure of progress to investors [2].

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。 证券代码：688408 证券简称：中信博 公告编号：2025-032 江苏中信博新能源科技股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 重要内容提示： 截至 2025 年 5 月 31 日，江苏中信博新能源科技股份有限公司（以下 简称"公司"）通过上海证券交易所交易系统以集中竞价交易方式已累计回购公 司股份 800,000 股，占公司总股本 219,065,886 股的比例为 0.3652%，回购成交 的最高价为 50.00 元/股，最低价为 48.24 元/股，成交总金额为 39,642,481.31 元（不含印花税、交易佣金等交易费用）。 一、回购股份的基本情况 公司于 2025 年 4 月 15 日召开第三届董事会第二十四次会议，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和/ 或回购专项贷款资金（上海浦东发展银行股份有限公司苏州分行提供不超过 9000 万元（含）的回购专项贷款）通过集中竞价交易方式进行股份回购。回购 ...

证券代码：688408 证券简称：中信博 公告编号：2025-033 江苏中信博新能源科技股份有限公司 关于 2022 年限制性股票激励计划预留授予第一类限制 性股票第二个解除限售期解除限售股份 上市流通的提示性公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 江苏中信博新能源科技股份有限公司（以下简称"公司"）于 2025 年 4 月 15 日召开第三届董事会第二十四次会议、第三届监事会第二十次会议，审议通过了 《关于 2022 年限制性股票激励计划预留授予第一类限制性股票第二个解除限售期 解除限售条件成就的议案》，认为《江苏中信博新能源科技股份有限公司 2022 年 限制性股票激励计划（草案）》（以下简称"本次激励计划"或"《激励计划》"）预 留授予第一类限制性股票第二个解除限售期解除限售条件已成就，共计 3 名符合 条件的激励对象合计可解除限售 7.7480 万股第一类限制性股票。现将有关事项说 明如下： 一、本次激励计划批准及实施情况 （一）本次激励计划已履行的决策程序和信息披露情况 1、202 ...

Core Viewpoint - The company reported a net profit attributable to shareholders of 110 million yuan for Q1 2025, a year-on-year decrease of 28.46% and a quarter-on-quarter decrease of 46.06% [1][2] - The company's revenue for Q1 was 1.559 billion yuan, down 14.09% year-on-year and down 48.80% quarter-on-quarter [2] - The company has a significant increase in contract liabilities, amounting to 580 million yuan at the end of Q1, which is a 65.7% year-on-year increase and a 159% quarter-on-quarter increase [3] Revenue and Profit Analysis - The decline in revenue is primarily attributed to the timing of revenue recognition [3] - The estimated revenue, considering contract liabilities, is approximately 2.14 billion yuan for Q1, which is essentially flat year-on-year [3] Order Backlog - The company's order backlog saw a substantial increase, totaling 7.4 billion yuan at the end of Q1, an increase of 600 million yuan year-on-year and 2.75 billion yuan quarter-on-quarter [3] - The order structure includes tracking and fixed supports valued at 5.2 billion yuan and 1.9 billion yuan respectively, corresponding to 13 GW and 9.5 GW of capacity [3] Market Outlook - The company is focusing on emerging markets such as the Middle East, Latin America, and India, where demand for photovoltaic ground-mounted power stations is strong [3] - As a leading brand in tracking supports, the company is expected to maintain a high growth rate in shipments due to its concentration in high-growth markets [3] Profit Forecast - The company forecasts net profits attributable to shareholders of 715 million yuan, 857 million yuan, and 991 million yuan for 2025, 2026, and 2027 respectively, with year-on-year growth rates of 13.28%, 19.83%, and 15.56% [4] - The projected earnings per share for the same years are 3.27 yuan, 3.91 yuan, and 4.52 yuan, with corresponding price-to-earnings ratios of 14.42, 12.03, and 10.41 [4]

Investment Rating - The report maintains a "Buy" rating for the company, indicating expected returns exceeding the market benchmark by more than 15% over the next 6-12 months [7]. Core Views - The company achieved a net profit attributable to shareholders of 632 million yuan in 2024, aligning with market expectations. Revenue for 2024 reached 9.026 billion yuan, reflecting a year-on-year increase of 41.25%, while net profit grew by 83.03% [4][10]. - The total shipment of solar brackets in 2024 increased by 36% year-on-year, driven by rising photovoltaic demand in markets like India and new production capacity [5]. - The company is positioned as a global leader in tracking brackets, with significant market share and ongoing project signings in emerging markets such as the Middle East and Central Asia [7]. Financial Performance Summary - In Q4 2024, the company reported revenue of 3.044 billion yuan, with a quarter-on-quarter increase of 1.56% and a year-on-year increase of 16.81%. The net profit for the same period was 204 million yuan, showing a quarter-on-quarter increase of 8.84% [4]. - The overall gross margin for 2024 was 18.6%, a year-on-year increase of 0.5 percentage points, with tracking brackets achieving a gross margin of 19.7% [6]. - The company forecasts revenues of 10.6 billion yuan, 11.8 billion yuan, and 13.2 billion yuan for 2025, 2026, and 2027 respectively, with corresponding net profits of 920 million yuan, 950 million yuan, and 1.31 billion yuan [7][10].

Investment Rating - The report maintains a "Buy" rating for the company, indicating expected returns exceeding the market benchmark by more than 15% over the next 6-12 months [7]. Core Views - The company achieved a net profit attributable to shareholders of 632 million yuan in 2024, aligning with market expectations. Revenue for 2024 reached 9.026 billion yuan, reflecting a year-on-year increase of 41.25%, while net profit grew by 83.03% [4][5]. - The total shipment of solar brackets in 2024 increased by 36% year-on-year, driven by rising photovoltaic demand in markets like India and new production capacity [5]. - The company is positioned as a global leader in tracking brackets, with significant market share and ongoing project signings in emerging markets such as the Middle East and Central Asia [7]. Financial Performance Summary - In 2024, the company reported revenue of 90.26 billion yuan, with a year-on-year growth of 41.25%. The net profit attributable to shareholders was 6.32 billion yuan, up 83.03% year-on-year [4][10]. - The company’s gross margin for 2024 was 18.6%, a slight increase of 0.5 percentage points year-on-year. The net profit margin improved to 7.1%, up 1.7 percentage points [6][10]. - Forecasts for 2025, 2026, and 2027 project revenues of 10.6 billion yuan, 11.8 billion yuan, and 13.2 billion yuan, respectively, with corresponding net profits of 9.2 billion yuan, 9.5 billion yuan, and 13.1 billion yuan [7][10].

● 调整原因： 2025 年 5 月 16 日，公司在中国证券登记结算有限责任公司上海分公司完成 2022 年限制性股票激励计划（以下简称"本次激励计划"）第二类限制性股票 首次授予部分第三个归属期及预留授予部分第二个归属期的股票登记工作。本次 登记的第二类限制性股票数量为 549,946 股，公司总股本由 218,515,940 股变更为 219,065,886 股。在实施权益分派股权登记日前，公司因本次激励计划第二类限制 性股票归属登记导致总股本发生了变动。 自 2024 年度利润分配预案披露后至本公告披露日，公司通过上海证券交易 所交易系统以集中竞价交易方式回购公司股份，导致公司回购专用证券账户中股 份总数发生变动，故本次实际参与分配的股份数发生变动，可参与利润分配的股 本数由 217,255,940 股减少至 217,005,886 股。公司拟维持每股分配的比例不变， 相应调整 2024 年度分配总额。 证券代码：688408 证券简称：中信博 公告编号：2025-031 江苏中信博新能源科技股份有限公司 关于调整 2024 年度利润分配总额的公告 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 ...

Core Viewpoint - Jiangsu CITIC Bo New Energy Technology Co., Ltd. has initiated its first share repurchase program, aiming to enhance shareholder value and support its stock price through strategic buybacks [1][2]. Summary by Sections Share Repurchase Plan - The company approved a share repurchase plan on April 15, 2025, allowing for the use of self-owned funds and/or special loans for the buyback [1]. - The repurchase price will not exceed RMB 80 per share, with a total repurchase fund amounting to no less than RMB 70 million and no more than RMB 100 million [1]. First Share Repurchase Details - The first repurchase involved 115,562 shares, representing 0.0529% of the company's total share capital of 218,515,940 shares [2]. - The highest price for the repurchased shares was RMB 48.93 per share, while the lowest was RMB 48.24 per share, with a total expenditure of RMB 5,634,319.77 (excluding transaction fees) [2]. Compliance and Disclosure - The company will adhere to relevant regulations and guidelines during the repurchase process and will disclose progress in a timely manner [2].