Group 1 - The company issued a total of 886,475.10 million yuan in convertible bonds, with a maturity period of six years from February 13, 2023, to February 12, 2029 [1] - The convertible bonds, referred to as "Tian 23 Convertible Bonds," began trading on the Shanghai Stock Exchange on March 15, 2023 [1] - As of August 1, 2025, the bondholder Hangzhou Guangyao held 21,559,320 bonds, representing 24.32% of the total issued convertible bonds [2] Group 2 - Hangzhou Guangyao reduced its holdings by 8,882,750 bonds, which is 10.02% of the total issuance, between June 27, 2025, and August 1, 2025 [2] - After the reduction, Hangzhou Guangyao's holdings decreased to 12,676,570 bonds, which is 14.30% of the total issued convertible bonds [2] - The total initial issuance amount remains at 88,647,510 bonds [2]

证券日报网讯8月1日晚间，天合光能发布公告称，2025年7月份，公司未进行回购。 ...

Core Viewpoint - Trina Solar (688599.SH) announced that as of July 31, 2025, the company has repurchased a total of 15,315,910 shares, representing 0.70% of its total share capital of 2,179,365,412 shares [1] Summary by Relevant Sections - **Share Repurchase Details** - The repurchase was conducted through the Shanghai Stock Exchange via centralized bidding [1] - The highest price for the repurchased shares was 24.91 CNY per share, while the lowest price was 13.64 CNY per share [1] - The total amount spent on the repurchase was 252,957,449.12 CNY, excluding stamp duty and transaction commissions [1]

| 证券代码：688599 | 证券简称：天合光能 | | 公告编号：2025-085 | | --- | --- | --- | --- | | 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 | 2024 年 6 月 25 年 | 日~2026 | 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 | | | | 累计已回购股数 | 15,315,910股 | | | | 累计已回购股数占总股本比例 | 0.70% | | | | 累计已回购金额 ...

| 证券代码：688599 | 证券简称：天合光能 | | 公告编号：2025-084 | | --- | --- | --- | --- | | 转债代码：118031 | 转债简称：天 23 | 转债 | | 天合光能股份有限公司 关于债券持有人可转债持有比例变动达到 10% 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。 一、可转债持有情况 经中国证券监督管理委员会证监许可[2023]157 号文同意注册，天合光能股 份有限公司（以下简称"公司"）于 2023 年 2 月 13 日向不特定对象发行了 8,864.751 万张可转换公司债券（以下简称"天 23 转债"），每张面值 100 元， 发行总额 886,475.10 万元。本次发行可转换公司债券的期限为自发行之日起六 年，即自 2023 年 2 月 13 日至 2029 年 2 月 12 日。 经上海证券交易所自律监管决定书（[2023]33 号）文同意，公司 886,475.10 万元可转换公司债券于 2023 年 3 月 15 日起在上海证券交易所 ...

格隆汇8月1日丨天合光能(688599.SH)公布，2025年7月，公司未进行回购。截至2025年7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15,315,910股，占公司总股本 2,179,365,412股的比例为0.70%，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252,957,449.12元（不含印花税、交易佣金等交易费用)。 ...

Core Viewpoint - Trina Solar (688599.SH) announced that it received a notification from bondholder Hangzhou Guangyao regarding a significant reduction in its convertible bonds, indicating a potential shift in investor sentiment towards the company [1] Group 1 - The company was informed on August 1, 2025, that from June 27, 2025, to August 1, 2025, Hangzhou Guangyao reduced its holdings of "Tian 23 Convertible Bonds" by a total of 8,882,750 bonds [1] - This reduction represents 10.02% of the total issuance of the convertible bonds [1]

| 证券代码：688599 | 证券简称：天合光能 | | 公告编号：2025-086 | | --- | --- | --- | --- | | 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： 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为 606.12 亿元，占公司最近一期经审计净资产的 229.79%，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 584.06 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 7 月 1 日至 2025 年 7 月 31 日期间，公司累 计发生的担保金额为 20.90 亿元，占公司最近一期经审计净资产的 7.92%。具体 情况请参见附件一" ...

Core Viewpoint - The article highlights significant orders in the energy storage sector, showcasing the expansion of companies like Trina Solar, Huawei, and Fluence in various international markets, particularly in Europe and Australia [2]. Group 1: Trina Solar - Trina Solar has secured its first energy storage project in Romania, with a capacity of 65MWh, in collaboration with Visual Fan's subsidiary Allview [3]. - The project will utilize Trina's new generation battery storage solution, Elementa 2, and is part of a broader strategy to expand into the Eastern European market [5]. - Trina Solar's global production capacity for energy storage is currently 16GWh, expected to increase to 25GWh by the end of the year, with a projected shipment of 8 to 10GWh for this year [6]. Group 2: Huawei - Huawei has provided a 4.5MWh energy storage battery cabinet for a 28MWh industrial self-consumption project in Spain, supporting Wattkraft's energy storage development strategy [8]. - This year, Huawei has signed seven energy storage-related orders across multiple countries, with a total project scale exceeding 1GWh [9]. Group 3: Fluence - Fluence has partnered with AGL to develop the Tomago battery energy storage system (BESS) project in New South Wales, Australia, with a capacity of 500MW/2000MWh [12]. - This project is one of the largest energy storage transactions in the Australian National Electricity Market, and upon completion, Fluence's total storage capacity in Australia will reach 5GWh [12].

Group 1 - The photovoltaic sector has seen a significant rise, with companies such as Shuangliang Energy, Daqo New Energy, Huamin Co., Tongwei Co., TCL Zhonghuan, and Hongyuan Green Energy experiencing notable gains [1] - Various photovoltaic ETFs, including the Photovoltaic ETF Index Fund and the Photovoltaic 50 ETF, have increased by over 2% [1] - The top ten weighted stocks in the photovoltaic ETFs include Yangguang Electric, Longi Green Energy, TCL Technology, and others [2] Group 2 - The market currently has ten ETFs tracking the CSI Photovoltaic Industry Index, with the Huatai-PB Photovoltaic ETF leading in size at 12.206 billion [3] - The Ministry of Industry and Information Technology has issued a notice regarding energy-saving inspections in the polysilicon industry, emphasizing the need for compliance by September 30, 2025 [4] - The current price range for polysilicon is between 45,000 and 52,500 yuan per ton, with potential structural opportunities in downstream segments like silicon wafers and battery cells [4][5] Group 3 - The photovoltaic industry is viewed as a key area for the "anti-involution" strategy, with expectations for improved price stability and market conditions as excess capacity is addressed [5][6] - There is a consensus that the market has moved past the phase of extreme volatility driven by policy expectations and is now in a price platform period [5] - The anticipated effects of the anti-involution policies are expected to enhance market confidence and potentially lead to a new upward trend in the industry [6]