Core Insights - The Zhongzheng Photovoltaic Industry Index (931151) has seen a strong increase of 2.94% as of September 3, 2025, with significant gains in constituent stocks such as Sungrow Power (300274) up 15.26% and Longi Green Energy (601012) up 2.81% [1][3] - The Photovoltaic ETF Fund (516180) has risen by 2.82%, with a latest price of 0.69 yuan, and has accumulated a total increase of 4.66% over the past two weeks [1] - The index reflects the overall performance of listed companies in the photovoltaic industry chain, selecting up to 50 representative stocks [1] Index Composition - As of August 29, 2025, the top ten weighted stocks in the Zhongzheng Photovoltaic Industry Index account for a total of 56.14% of the index [1] - The top ten stocks by weight include: - Sungrow Power (300274) with a weight of 10.51% - Longi Green Energy (601012) with a weight of 9.97% - TCL Technology (000100) with a weight of 9.42% - TBEA Co., Ltd. (600089) with a weight of 6.99% - Tongwei Co., Ltd. (600438) with a weight of 5.24% [3]

Group 1 - The "2025 China Top 500 Private Enterprises" list was recently released, with 9 private enterprises from Changzhou making the list, including 2 from Changzhou High-tech Zone [1] - Trina Solar Limited ranked 131st, while Xinyang Technology Group Limited ranked 458th on the list [2] - Xinyang Technology Group Limited's ranking improved by 9 positions compared to last year [3] Group 2 - Trina Solar, founded in 1997, is a leading global provider of photovoltaic smart energy solutions, covering areas such as photovoltaic cells, modules, power generation, energy storage, hydrogen energy, smart microgrids, and energy IoT [5] - Trina Solar is recognized as a manufacturing champion by the Ministry of Industry and Information Technology, holding various prestigious titles and rankings, including being listed in the Fortune China 500 and Forbes' Top 50 Sustainable Development Industrial Enterprises in China [5] - The company has established regional headquarters in over 50 countries and regions, with a cumulative global shipment of over 225 GW of modules, ranking first in global module shipments [6] Group 3 - Xinyang Technology Group Limited, established in 2007, integrates manufacturing, finance, and trade, and has consistently been listed among the "Top 500 Private Enterprises in China" [8] - The company specializes in products such as styrene, phthalic anhydride, maleic anhydride, and unsaturated polyester resin, with its unsaturated polyester resin production capacity ranking among the world's top [8]

（文章来源：证券日报） 证券日报网讯 9月2日晚间，天合光能发布公告称，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回购公司股份16，549，446股，占公司总股本2，179，365，412股的比例为 0.76%，回购成交的最高价为24.91元/股，最低价为13.64元/股，支付的资金总额为人民币273，086， 396.44元（不含印花税、交易佣金等交易费用）。 ...

Group 1 - The company, Trina Solar, announced that as of the date of the announcement, it has not provided any guarantees for its controlling shareholders, actual controllers, or their related parties, and there are no overdue guarantees [2]

天合光能(688599.SH)发布公告，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 易方式回购公司股份1654.94万股，占公司总股本的比例为0.76%，回购成交的最高价为24.91元/股，最 低价为13.64元/股，支付的资金总额为人民币2.73亿元(不含印花税、交易佣金等交易费用)。 ...

Group 1 - The company Trina Solar announced a share buyback of approximately 16.55 million shares, representing 0.76% of its total share capital of about 2.179 billion shares, with a total expenditure of approximately RMB 273 million [1] - The highest and lowest prices for the repurchased shares were RMB 24.91 and RMB 13.64 per share, respectively [1] - For the year 2024, the company's revenue composition is heavily weighted towards the photovoltaic industry, accounting for 98.17%, while other businesses contribute only 1.83% [1] Group 2 - As of the report, Trina Solar's market capitalization stands at RMB 34.8 billion [1]

Core Viewpoint - Trina Solar (688599.SH) announced a share buyback program, indicating confidence in its stock value and future prospects [1] Summary by Categories Share Buyback Details - The company repurchased a total of 16.5494 million shares, which represents 0.76% of its total share capital [1] - The highest price paid for the shares was 24.91 CNY per share, while the lowest price was 13.64 CNY per share [1] - The total amount spent on the buyback was 273 million CNY, excluding transaction fees such as stamp duty and commissions [1]

智通财经APP讯，天合光能(688599.SH)发布公告，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回购公司股份1654.94万股，占公司总股本的比例为0.76%，回购成交的最高价 为24.91元/股，最低价为13.64元/股，支付的资金总额为人民币2.73亿元(不含印花税、交易佣金等交易 费用)。 ...

一、回购股份的基本情况 | 证券代码：688599 | 证券简称：天合光能 | | 公告编号：2025-094 | | --- | --- | --- | --- | | 转债代码：118031 | 转债简称：天 23 | 转债 | | 天合光能股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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 | | 2024/6/26 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 6 月 | 2024 年 25 | 日~2026 | 年 | 3 | 月 24 日 | | 预计回购金额 | 100,000万元~120,000万元 | | | | | | | 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 ...

| 证券代码：688599 | 证券简称：天合光能 | | 公告编号：2025-093 | | --- | --- | --- | --- | | 转债代码：118031 | 转债简称：天 23 | 转债 | | 天合光能股份有限公司 关于公司提供担保的进展公告 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： 担保发生时间：2025 年 8 月 1 日至 2025 年 8 月 31 日 被担保人名称：天合光能股份有限公司（以下简称"公司"）及其合并 报表范围内下属子公司 截至本公告披露日，公司及合并报表范围内下属子公司对外担保余额 604.19 亿元，占公司最近一期经审计净资产的 229.05%，其中公司对合并报表范 围内下属子公司提供的担保余额为 582.35 亿元。 一、担保情况概述 （一）本期新增担保情况 为满足公司生产经营和流动资金周转需要，在确保运作规范和风险可控的前 提下，公司及下属子公司在 2025 年 8 月 1 日至 2025 年 8 月 31 日期间，公司累 计发生的担保金额为 11.2 ...