9月4日，阿特斯大宗交易成交200万股，成交额2040万元，占当日总成交额的1.39%，成交价10.2元，较 市场收盘价10.56元折价3.41%。 | 交易日期 | 任务简称 | 证券代码 | | | 成交价(元) 成交金额(万元) 成交量(*) 英入营业部 | | 美出精变部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-09-04 | 同特點 | 688472 | 10.2 | 1428 | 140 | 机构专用 | 东奥证券股份有限 公司苏州狮山路证 | 1991 | | | | | | | | | 英国非盟 | | | 2025-09-04 | 阿特斯 | 688472 | 10.2 | 612 | ୧୦ | 国泰海漫证券股份 有限公司总部 | 东吴证券股份有限 公司资州预山路近 | る | | | | | P. 00 Inc | | | | 發展不限 | | ...

两融数据显示，该股最新融资余额为5.23亿元，近5日增加3168.80万元，增幅为6.45%。（数据宝） 9月3日阿特斯大宗交易一览 | 成交量 | 成交金额 | 成交价 | 相对当日收盘 | | | | --- | --- | --- | --- | --- | --- | | （万 | （万元） | 格 | 折溢价（%） | 买方营业部 | 卖方营业部 | | 股） | | （元） | | | | | 21.00 | 201.60 | 9.60 | -8.83 | 中信证券股份有限公司总 | 东吴证券股份有限公司苏 | | | | | | 部(非营业场所) | 州狮山路证券营业部 | | 21.00 | 201.60 | 9.60 | -8.83 | 中信证券股份有限公司深 | 东吴证券股份有限公司苏 | | | | | | 圳分公司 | 州狮山路证券营业部 | | 21.00 | 201.60 | 9.60 | -8.83 | 国都证券股份有限公司江 | 东吴证券股份有限公司苏 | | | | | | 苏分公司 | 州狮山路证券营业部 | | 21.00 | 201.60 | 9.60 | -8.83 ...

Core Viewpoint - The solar industry is experiencing a shift towards rational and orderly development, with a focus on "anti-involution" to stabilize and repair the supply chain pricing [1][5][6] Group 1: Industry Trends - The solar industry has faced severe supply-demand imbalances due to previous overexpansion, leading to rapid price declines below cost levels and systemic losses across the sector [2] - Companies are accelerating their expansion into energy storage as a second growth curve, with JinkoSolar targeting 6 GWh in energy storage shipments for the year [2] - The global solar demand is expected to maintain steady growth, with China projected to account for 40% to 45% of the global installed capacity by 2025 [3][4] Group 2: Company Strategies - JinkoSolar's chairman stated that the company has over 80% visibility on both module and storage orders, with significant growth expected in overseas markets [2] - Canadian Solar plans to leverage its domestic manufacturing cost advantages and overseas brand channels to develop its energy storage business alongside its solar operations [2] - The company has signed contracts for energy storage systems amounting to $3 billion as of June 30 [2] Group 3: Market Dynamics - The industry is witnessing a gradual recovery in prices across various segments, with upstream prices showing different degrees of increase since July [4] - Companies are focusing on upgrading production capacity, with JinkoSolar expecting to complete 40% to 50% of its advanced capacity upgrades by year-end [4] - The "anti-involution" consensus is gaining traction, with companies responding positively to market conditions and gradually returning to rational pricing [5][6]

9月3日，阿特斯大宗交易成交105万股，成交额1008万元，占当日总成交额的0.93%，成交价9.6元，较 市场收盘价10.53元折价8.83%。 | 交易日期 | 证券間除 | 证券代码 | | | 成交价(元) 成交金额(万元) 成交盘(*) 买入营业部 | | 如出蒙业园 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-09-03 | 同特斯 | 688472 | 9.6 | 201.6 | 21 | 中信证券股份有限 | 东吴证券股份有限 | 182 | | | | | | | | 公司总部(非常补 | 必回另州猪印路座 | | | | | | | | | 培所) | 经营业部 | | | 2025-09-03 | 阿特斯 | 688472 | 9.6 | 201.6 | 21 | 中信证券股份有限 公司深圳分公司 | 东吴证券股份有限 公司苏州狮山路证 | Ka | | | | | | | | | 药管业部 | | | 2025-09-03 | 城北区 | 688472 | 9.6 | 20 201.6 ...

截至发稿，阿特斯市值为385亿元。 每经头条（nbdtoutiao）——个人消费贷贴息明日开闸！贷30万元最多可享贴息3000元，一文读懂→ 每经AI快讯，阿特斯（SH 688472，收盘价：10.45元）9月1日晚间发布公告称，截至2025年8月31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累计回购公司股份约3391万股，占公司总股本的 比例为0.92%，回购成交的最高价为11.33元/股，最低价为8.34元/股，回购使用的资金总额为人民币约 3.28亿元。 2024年1至12月份，阿特斯的营业收入构成为：光伏行业占比98.37%，其他业务占比1.63%。 （记者 张喜威） ...

重要内容提示： | 回购方案首次披露日 | 2024/11/30 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2024 20 12 | 12 | 日~2025 | 年 | 月 | 日 19 | | 预计回购金额 | 5亿元~10亿元 | | | | | | | 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 | 3,391.22万股 | | | | | | | 累计已回购股数占总股本比例 | 0.92% | | | | | | | 累计已回购金额 | 32,765.06万元 | | | | | | | 实际回购价格区间 | 8.34元/股~11.33元/股 | | | | | | 一、回购股份的基本情况 2024 年 12 月 19 日，公司召开 2024 年第二次临时股东大会，审议通过《关 于以集中竞价交易方式回购公司股份的议案》，同意公司使用自有/自筹资金/首次 公开发 ...

Market Overview - On September 1, the photovoltaic equipment sector rose by 0.61% compared to the previous trading day, with Maiwei Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Stock Performance - Notable gainers in the photovoltaic equipment sector included: - Maiwei Co., Ltd. (300751) with a closing price of 100.71, up 11.45%, and a trading volume of 129,900 shares, totaling 1.274 billion yuan [1] - ST Quanwei (300716) closed at 10.91, up 11.10%, with a trading volume of 103,100 shares [1] - Jiejia Weichuang (300724) closed at 108.12, up 9.48%, with a trading volume of 386,700 shares, totaling 408.8 million yuan [1] Fund Flow Analysis - The photovoltaic equipment sector experienced a net outflow of 1.075 billion yuan from institutional investors, while retail investors saw a net inflow of 444 million yuan [2] - Key stocks with significant fund flows included: - Tongwei Co., Ltd. (600438) with a net inflow of 23 million yuan from institutional investors [3] - GCL-Poly Energy (002506) with a net inflow of 56.23 million yuan from institutional investors [3] - Jiejia Weichuang (300724) had a net inflow of 50.29 million yuan from institutional investors [3]

Core Viewpoint - The collaboration between CITIC Bank Beijing Branch, Haibo Sichuang Technology Co., Ltd., and CITIC Financial Leasing Co., Ltd. aims to integrate industry and finance in the "energy storage + finance" sector, enhancing financial support for the construction of new power systems in China [1][2]. Group 1: Industry Context - China's "dual carbon" goals are driving the energy storage industry from policy-driven to market-led development, with significant opportunities arising from the decreasing costs of energy storage station construction and the gradual opening of the electricity spot market [1]. - The economic viability of energy storage assets is improving due to the continuous enhancement of supporting policies, creating a broad platform for financial capital to engage deeply in the energy storage sector [1]. Group 2: Company Profiles - Haibo Sichuang is a leading enterprise in China's energy storage industry, focusing on the research, production, and application of new energy storage technologies, with a market capitalization exceeding 100 billion yuan [2]. - CITIC Bank, one of the earliest commercial banks established during China's reform and opening-up, has been actively involved in domestic and international financing, providing differentiated financial services to enterprises [2]. - CITIC Financial Leasing plays a strategic role in supporting the real economy and enhancing the financial product system, with a focus on green financing and a strong alignment with Haibo Sichuang's business [3]. Group 3: Future Collaboration - The three parties will leverage their respective strengths in industry, technology, financial innovation, and leasing to create a financing model that combines "energy storage assets + specialized operations + comprehensive financial solutions" [3]. - This strategic partnership reflects CITIC Bank Beijing Branch's commitment to green finance and supporting national energy strategies, aiming to continuously innovate financial products and services to energize the development of the energy storage industry [3].

Investment Rating - The report maintains a "Buy" rating for several companies in the solar sector, with specific ratings as follows: - Aishuo Co., Ltd. (600732.SH) - Buy-B - Longi Green Energy (601012.SH) - Buy-B - Daqian Energy (688303.SH) - Buy-B - Flat Glass Group (601865.SH) - Buy-A - Hengdian East Magnetic (002056.SZ) - Buy-A - Sungrow Power Supply (300274.SZ) - Buy-A - Canadian Solar (688472.SH) - Buy-A - Deye Technology (605117.SH) - Buy-A - Langxin Group (300682.SZ) - Buy-B - Quartz Co., Ltd. (603688.SH) - Buy-A [1] Core Insights - In July 2025, the domestic photovoltaic (PV) new installed capacity was 11.0 GW, a year-on-year decrease of 47.6% and a month-on-month decrease of 23.1%. Cumulatively, from January to July, the new installed capacity reached 223.25 GW, representing an increase of 80.7% year-on-year [2][12]. - The export value of PV components in July was 15.89 billion yuan, down 13.7% year-on-year but up 0.5% month-on-month. The cumulative export value from January to July was 111.25 billion yuan, down 22.6% year-on-year [2][14]. - In contrast, the inverter export value in July was 6.51 billion yuan, showing a year-on-year increase of 16.3% but a slight month-on-month decline of 1.2%. The cumulative export value from January to July was 37.11 billion yuan, up 9.0% year-on-year [3][29]. - Solar power generation in July increased by 28.7% year-on-year, with a total generation of 74.43 billion kWh, accounting for 8.03% of the total industrial power generation in the country [4][42]. Summary by Sections 1. Installed Capacity - In July 2025, the domestic PV new installed capacity was 11.0 GW, reflecting a year-on-year decline of 47.6% and a month-on-month decline of 23.1%. The cumulative installed capacity from January to July reached 223.25 GW, marking an 80.7% increase year-on-year [12]. 2. Exports - **Components**: The export value of PV components in July was 15.89 billion yuan, down 13.7% year-on-year but up 0.5% month-on-month. The cumulative export value from January to July was 111.25 billion yuan, down 22.6% year-on-year [14]. - **Inverters**: The inverter export value in July was 6.51 billion yuan, with a year-on-year increase of 16.3% and a month-on-month decrease of 1.2%. The cumulative export value from January to July was 37.11 billion yuan, up 9.0% year-on-year [29]. 3. Solar Power Generation - In July, solar power generation increased by 28.7% year-on-year, totaling 74.43 billion kWh, which accounted for 8.03% of the total industrial power generation in the country [42]. 4. Investment Recommendations - The report recommends focusing on companies based on various strategic directions: - New technology: Aishuo Co., Ltd., Longi Green Energy - Supply-side improvement: Daqian Energy, Flat Glass Group - Overseas expansion: Hengdian East Magnetic, Sungrow Power Supply, Canadian Solar, Deye Technology - Market-oriented power: Langxin Group - Domestic substitution: Quartz Co., Ltd. - Additional companies to watch include Xinyi Solar, GCL-Poly Energy, Tongwei Co., Ltd., TCL Zhonghuan, New Special Energy, Dier Laser, Foster, Haiyou New Materials, JA Solar, Trina Solar, JinkoSolar, CITIC Bo, Maiwei, Jinglong Technology, Shanghai Ailu, and Guangxin Materials [47].

Core Insights - The photovoltaic equipment sector experienced a rise of 1.26% on August 29, with Yongzhen Co. leading the gains [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Stock Performance - Yongzhen Co. (603381) closed at 25.30, with a gain of 10.00% and a trading volume of 237,600 shares, amounting to a transaction value of 582 million [1] - Jinke Co. (300842) saw a closing price of 50.61, up 8.98%, with a trading volume of 165,500 shares and a transaction value of 825 million [1] - Daqian Energy (688303) closed at 32.19, increasing by 7.12%, with a trading volume of 402,200 shares and a transaction value of 1.245 billion [1] - Other notable performers include Jinbo Co. (688598) with a 5.65% increase and a closing price of 31.98, and Artes (688472) with a 4.55% increase and a closing price of 10.12 [1] Capital Flow - The photovoltaic equipment sector saw a net inflow of 1.045 billion in main funds, while retail investors experienced a net outflow of 484 million [2][3] - Major stocks like Tongwei Co. (600438) had a net inflow of 269 million, while Longi Green Energy (601012) saw a net inflow of 252 million [3] - Daqian Energy (688303) recorded a net inflow of 218 million, indicating strong institutional interest [3]