Core Viewpoint - The company has announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual equity distribution, lowering it from RMB 21.42 per share to RMB 21.33 per share, effective from July 8, 2025 [1][4]. Summary by Sections 1. Share Repurchase Basic Information - The company plans to repurchase its shares using self-raised funds, with a total repurchase amount between RMB 5 billion and RMB 10 billion, and the repurchase period is set for 12 months from the approval date of the plan [1]. 2. Reasons for Adjusting the Maximum Repurchase Price - The adjustment is due to the proposed cash dividend distribution of RMB 337,135,626.45 (including tax) to shareholders, which will be calculated based on the total share capital after deducting shares held in the repurchase account [2][3]. 3. Adjustment of Maximum Repurchase Price - The new maximum repurchase price is calculated by deducting the cash dividend per share from the previous maximum price, resulting in an adjusted price of approximately RMB 21.33 per share [5]. 4. Other Information - The company will continue to follow relevant regulations and guidelines during the share repurchase process and will disclose progress to investors [6].

证券代码：688472 证券简称：阿特斯 公告编号：2025-034 阿特斯阳光电力集团股份有限公司 关于实施 2024 年年度权益分派后 调整回购股份价格上限的公告 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。 重要内容提示： 一、 回购股份的基本情况 2024 年 11 月 28 日，阿特斯阳光电力集团股份有限公司（以下简称"公司"） 召开第二届董事会第七次会议，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/首次公开发行人民币普通股取得的超募资金/专项贷款 资金以集中竞价交易方式回购公司发行的人民币普通股（A 股），回购资金总额 不低于人民币 5 亿元（含），不超过人民币 10 亿元（含），回购价格不超过人 民币 21.42 元/股（含），回购的股份将全部用于注销并减少公司注册资本，回 购股份期限自股东大会审议通过本次回购方案之日起 12 个月内。具体内容详见 公司分别于 2024 年 11 月 30 ...

阿特斯阳光电力集团股份有限公司 证券代码：688472 证券简称：阿特斯 公告编号：2025-035 具体内容详见公司分别于 2024 年 11 月 30 日、2024 年 12 月 20 日在上海证 券交易所网站（http://www.sse.com.cn）披露的《阿特斯阳光电力集团股份有限 公司关于以集中竞价交易方式回购股份方案的公告》《阿特斯阳光电力集团股份有 限公司关于以集中竞价交易方式回购股份的回购报告书》。 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号—回购股份》等相关规定，公司在回购股份期间，应当在每个月的前三个交易 日内披露截至上月末的回购进展情况。现将公司回购进展情况公告如下： 关于以集中竞价交易方式回购股份的进展公告 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： | 回购方案首次披露日 | 2024/11/30 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实 ...

关于阿特斯阳光电力集团股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易所 上市公司自律监管指引第 7 号——回购股份》等有关规定，上市公司回购专用账 户中的股份，不享有利润分配的权利。因此，公司 2024 年度利润分配实施差异化 分红。截至本意见出具日，公司总股本为 3,688,217,324 股，扣除回购专户的股份 余额 79,014,600 股后参与分配股数共 3,609,202,724 股。 二、差异化权益分派方案 2025 年 5 月 28 日，阿特斯 2024 年年度股东大会审议通过《关于 2024 年度 利润分配方案的议案》，议案内容为：公司拟以实施权益分派股权登记日登记的 总股本扣除公司回购专户中的股份数后为基数，向全体股东每 10 股派发现金红利 0.9341 元（含税）。截至 2025 年 4 月 24 日，公司总股本 3,688,217,324 股，扣除 回购专户的股份余额 79,014,600 股后参与分配股数共 3,609,202,724 股，以此计算 合计拟派发现金红利 337,135,626.45 元（含税）。2024 年度以现金为对价，采用 集中竞 ...

证券代码：688472 证券简称：阿特斯 公告编号：2025-033 阿特斯阳光电力集团股份有限公司 2024年年度权益分派实施公告 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。 重要内容提示： | | 股权登记日 | | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | 2025/7/7 | | 2025/7/8 | | 2025/7/8 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025年 5月 28 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关法律、行政法规、部门规章及其他规范性文件的有关规 定，公司回购专用账户中的股份不享有股东大会表决权、利润 ...

Investment Rating - The report maintains a "Synchronize with the Market - A" rating for the electric equipment and new energy industry [1] Core Viewpoints - The electric equipment and new energy industry has shown a stable market performance over the past year, with various companies recommended for investment based on their growth potential and market positioning [1][2] - The report highlights the integration of AI technologies in the industry, such as the introduction of the Grok voice assistant in Tesla's humanoid robot, which may revolutionize human-machine interaction [1][2] - The report emphasizes the importance of breaking away from "involutionary competition" to achieve high-quality development in the industry, as stated by the People's Daily [4] Summary by Relevant Sections Preferred Stocks - The report lists several preferred stocks with ratings, including: - Aishuo Co., Ltd. (600732.SH) - Buy - B - Longi Green Energy (601012.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 [2] Market Trends - The report notes a decline in prices across various segments of the solar industry, including polysilicon, silicon wafers, battery cells, and modules, indicating a bearish market sentiment [6][7][8][9] - The average price of polysilicon is reported at 35.0 CNY/kg, while silicon wafer prices have decreased by 3.2% for N-type wafers [6][7] - Battery cell prices have also seen a decline, with N-type cells priced at 0.235 CNY/W, reflecting ongoing inventory accumulation and weak downstream demand [8] Investment Recommendations - The report recommends focusing on companies with innovative technologies and strong market positions, such as Aishuo Co., Ltd. and Longi Green Energy for BC new technology, and Flat Glass Group for supply-side improvements [10] - Companies with overseas expansion strategies, such as Hengdian East Magnetic and Sungrow Power Supply, are also highlighted as potential investment opportunities [10] - The report suggests monitoring companies involved in humanoid robotics, including UBTECH and other related firms [10]

Core Viewpoint - The company, Arctech, is progressing steadily with its capacity layout in the U.S., expecting to achieve a production capacity of 5GW in its component factory by the second half of the year, with an estimated output of over 3GW for the year [1]. Group 1 - The 5GW component factory has successfully passed the trial period and is projected to reach its designed capacity in the second half of the year [1]. - The company anticipates a production output of over 3GW for the current year [1]. - The company will utilize a diversified supply chain layout to support its business operations in the U.S. [1].

证券代码：688472 证券简称：阿特斯 公告编号：2025-032 阿特斯阳光电力集团股份有限公司 关于公司提供授信担保的进展公告 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: 担保协议签署时间：2025 年 5 月 30 日至 2025 年 6 月 27 日 被担保人名称：阿特斯阳光电力集团股份有限公司（以下简称"公司"） 合并报表范围内下属子公司 为满足公司的生产经营和业务发展的需求，在确保运作规范和风险可控的前 提下，公司及合并报表范围内下属子公司在 2025 年 5 月 30 日至 2025 年 6 月 27 日期间，累计发生的授信担保金额为 2.00 亿元，占公司最近一期经审计净资产 的 0.87%。具体情况请参见附件一《阿特斯阳光电力集团股份有限公司 2025 年 5 月 30 日至 2025 年 6 月 27 日签署的授信担保明细》。 （二）担保履行的内部决策程序 公司于 2024 年 11 月 28 日召开第二届董事会第七次会议、于 2024 年 12 月 19 日召开 2024 年第二 ...

Core Viewpoint - The article emphasizes the importance of safety in the rapidly growing global energy storage industry, highlighting the extreme testing conducted by leading companies to validate the safety performance of their energy storage systems under severe conditions [1]. Group 1: Sunlight Power - Sunlight Power conducted the world's first large-scale combustion test of its PowerTitan1.0 system in June 2024, followed by a significant investment of 30 million for the PowerTitan2.0 test in November 2024 [1]. - The PowerTitan2.0 system withstood 25 hours and 43 minutes of continuous burning, demonstrating its robust protective capabilities and preventing fire spread [2]. - During extreme conditions, the system maintained structural integrity and prevented heat propagation, showcasing its excellent fire resistance and impact performance [3]. Group 2: BYD Energy Storage - BYD's MC Cube energy storage system underwent testing in December 2024, adhering to CSA TS-800 large-scale fire testing standards [6]. - The test revealed that while the internal temperature exceeded 1000℃, adjacent battery cabinets remained below 60℃, confirming the system's effective fire isolation design [6]. - The MC Cube demonstrated outstanding fire resistance and structural integrity, preventing fire spread and ensuring safety for personnel and the environment [6]. Group 3: Huawei Digital Energy - Huawei's intelligent string-type energy storage system was tested in December 2025, following international UL9540A standards with increased thermal runaway cell counts [7]. - The system effectively managed a scenario with 12 cells experiencing thermal runaway, utilizing innovative pressure and smoke management mechanisms to prevent combustion [8]. - The test confirmed the system's ability to maintain low temperatures in adjacent units, demonstrating its safety under extreme conditions [8]. Group 4: Hichain Energy Storage - Hichain's ∞Block 5MWh system was tested in June 2025 under UL9540A and NFPA855 standards, with open cabinet conditions to simulate extreme fire scenarios [9]. - The system successfully prevented heat propagation between cabinets even at temperatures exceeding 1300℃, validating its thermal isolation capabilities [10]. - The test confirmed the system's reliability and high safety standards without external fire protection [11]. Group 5: Canadian Solar - Canadian Solar's SolBank 3.0 system was tested in June 2025, adhering to CSA TS-800 standards for large-scale fire testing [12]. - The test demonstrated that the SolBank 3.0 effectively contained fire within the target unit, showcasing its superior passive fire protection design [13]. Group 6: Kelu - Kelu's Aqua C2.5 5MWh liquid-cooled energy storage system was tested in June 2025, following CSA TS-800 standards [14]. - The test involved a 59-hour continuous burn, with the internal temperature reaching 1300℃, yet the system maintained structural integrity and functionality [17]. - The Aqua C2.5 effectively prevented thermal runaway between units, proving its scalability for large energy storage stations [17]. Group 7: Ruipu Lanjun - Ruipu Lanjun's Powtrix® battery cabin was tested in June 2025 under CSA TS-800 extreme safety testing [18]. - The system endured approximately 14 hours of burning under severe conditions, demonstrating exceptional safety and reliability [18]. Group 8: Trina Storage - Trina's Elementa energy storage cabinet was tested in September 2024, following guidelines from the China Academy of Building Research [19]. - The test validated the effectiveness of the fire suppression systems and the overall safety of the energy storage design, with no signs of re-ignition after 24 hours [21].

中国经济网北京6月9日讯阿特斯(688472.SH)6月7日披露关于持股5%以下股东减持股份计划公告称，公 司收到股东无锡元禾重元优能创业投资合伙企业(有限合伙)(以下简称"元禾重元")出具的《减持计划告 知函》，因自身资金需求，元禾重元计划自公告披露之日起3个交易日后的3个月内，在符合法律法规规 定的减持前提下，通过集中竞价减持公司股份不超过36,882,173股，即不超过公司总股本1%；通过大宗 交易减持公司股份不超过73,764,346股，即不超过公司总股本2%。 阿特斯上市发行费用总额为27,792.86万元(行使超额配售选择权之前)；27,815.77万元(全额行使超额配售 选择权之后)。其中，中国国际金融股份有限公司、华泰联合证券有限责任公司、东吴证券股份有限公 司获得承销费及保荐费17,264.15万元。 | 股东名称 | 无锡元末重元优能创业投资合伙企业(有限合伙) | | --- | --- | | 计划减持数量 | 不超过:110.646,519 股 | | 计划减持比例 | 不超过:3% | | | 通过集中竞价减持不超过 1%; | | | 通过大宗交易减持不超过 2%。 | | 减持 ...