证券代码：688599 证券简称：天合光能 转债代码：118031 转债简称：天 23 转债 天合光能股份有限公司 2024年度内部控制评价报告 天合光能股份有限公司全体股东： 3. 是否发现非财务报告内部控制重大缺陷 □是 √否 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战 ...

| 证券代码：688599 | 证券简称：天合光能 | 公告编号：2025-041 | | --- | --- | --- | | 转债代码：118031 | 转债简称：天 23 转债 | | 天合光能股份有限公司 关于召开2024年年度股东会的通知 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： 一、 召开会议的基本情况 （一） 股东会类型和届次 2024年年度股东会 召开日期时间：2025 年 5 月 20 日 14 点 00 分 召开地点：常州市新北区天合路 2 号天合光能股份有限公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 5 月 20 日 至2025 年 5 月 20 日 本次股东会审议议案及投票股东类型 股东会召开日期：2025年5月20日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系 统 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相 ...

Financial Performance - The net profit attributable to the parent company for 2024 is -3,443,219,977.05 RMB, indicating a loss [8]. - The company reported an ending undistributed profit of -1,838,384,447.00 RMB as of December 31, 2024 [8]. - The company's revenue for 2024 was approximately ¥80.28 billion, a decrease of 29.21% compared to ¥113.41 billion in 2023 [25]. - The net profit attributable to shareholders for 2024 was approximately -¥3.44 billion, reflecting a decline of 162.30% from ¥5.53 billion in 2023 [25]. - The net cash flow from operating activities for 2024 was approximately ¥8.01 billion, down 66.63% from ¥24.00 billion in 2023 [25]. - The net profit attributable to the parent company after deducting non-recurring gains and losses was -5.232 billion yuan, a decrease of 190.91% year-on-year [126]. - The company's operating revenue for the period was CNY 80.28 billion, a decrease of 29.21% year-on-year [144]. - The operating cost for the period was CNY 72.58 billion, down 24.70% compared to the previous year [144]. - The gross profit margin in the photovoltaic industry was 9.18%, a decrease of 5.48 percentage points compared to the previous year [146]. - The company's financial expenses increased by 264.59% year-on-year, primarily due to increased interest expenses and reduced foreign exchange gains [144]. Shareholder Returns - The total amount of share repurchase in 2024 was 259,827,424.66 RMB, which will be considered as cash dividends for the year [9]. - The company will not distribute cash dividends or conduct capital reserve transfers in 2024 [9]. - The company has not proposed any plans for capital reserve transfers or stock dividends for 2024 [9]. Risk Management - The company has detailed potential risks in the report, which can be found in the "Management Discussion and Analysis" section [6]. - The company emphasizes that forward-looking statements do not constitute a commitment to investors and advises caution regarding investment risks [10]. - The company faces risks related to the potential for significant performance declines or losses due to supply-demand imbalances and trade protectionism in overseas markets [126]. - The company is exposed to risks from fluctuations in raw material prices and logistics costs, which could impact profitability [130]. - The company has ongoing significant litigation or arbitration cases that could adversely affect its operating performance [141]. Audit and Compliance - The company has received a standard unqualified audit report from Rongcheng Accounting Firm [7]. - The board of directors and management have confirmed the authenticity and completeness of the annual report [5]. Research and Development - Research and development expenses accounted for 6.92% of operating revenue, an increase of 2.04 percentage points compared to the previous year [28]. - The total R&D expenditure for the year reached ¥5,557,707,001.55, reflecting a slight increase of 0.49% compared to the previous year [109]. - The company filed for 1,596 new invention patents during the year, bringing the total number of applications to 3,424 [107]. - A total of 724 invention patents were granted this year, increasing the cumulative number of granted patents to 1,117 [107]. - The company has established national-level R&D platforms and is committed to protecting its core technologies from leaks [129]. - The company is enhancing its technological capabilities through significant investments in R&D, maintaining a leading position in the industry [122]. Market Position and Strategy - The company aims to expand its market presence through strategic partnerships and potential acquisitions in the renewable energy sector [25]. - The company is focusing on the development of PERC solar cells, which have a conversion efficiency exceeding 20% [25]. - The company is also investing in TOPCon technology to enhance battery performance and efficiency [25]. - The company maintained growth in component shipments despite a decline in profitability due to falling prices in the photovoltaic component market [28]. - The company has established a multi-business ecosystem that enhances its ability to withstand cyclical fluctuations in the industry [124]. - The company is focusing on expanding its market share in the residential and commercial sectors, with a gradual increase in product offerings [114]. Production and Operations - The company shipped over 70GW of components in 2024, with cumulative shipments of the 210 series components exceeding 170GW, maintaining the industry's leading position [39]. - The company launched the new i-TOPCon Ultra technology and successfully produced the world's first 800W+ stacked component, marking a new era in perovskite/crystalline silicon stacked battery component industrialization [39]. - The company’s energy storage sales exceeded 10GWh across six major regional markets, achieving over 100% growth in installed capacity [45]. - The company’s storage battery and system product capacity reached 16GWh during the reporting period, supporting its global expansion strategy [47]. - The company has successfully developed high-reflective black adhesive films and high-strength silicone, leading to improved performance in harsh weather conditions [93]. Global Expansion - The company has established regional headquarters in Zurich, Silicon Valley, Miami, Singapore, and Dubai, with operations in over 180 countries [120]. - The company is actively expanding its global manufacturing base, including a production facility in Indonesia to mitigate trade risks [123]. - The company is focusing on recycling technologies for photovoltaic components, aiming for 100% recovery of key materials [121]. Technology and Innovation - The company has set a world record for solar cell efficiency at 26.58% with its N-type bifacial i-TOPCon cells, showcasing the potential of TOPCon technology [51]. - The company developed the world's first industrial standard size photovoltaic module with a peak power of 808W, breaking the 800W barrier [52]. - The company has successfully developed high-temperature battery cells that can operate in environments exceeding 40 degrees Celsius, achieving a lifespan comparable to standard cells at 25 degrees Celsius [116]. - The company has developed and successfully mass-produced 306Ah and 314Ah battery cells for energy storage systems, which are now being utilized in self-developed battery modules [116]. Financial Health - The company's total assets at the end of the reporting period amounted to 12,000,000,000 RMB, with a 21.41% share of overseas assets [162]. - The company's cash and cash equivalents at the end of the period were 3,914,872,696.69 RMB, with significant portions pledged as collateral [162]. - The company's total liabilities increased by 141.88% to 7,363,088,708.71 RMB, primarily due to an increase in long-term borrowings due within one year [161].

天合光能股份有限公司2025 年第一季度报告 证券代码：688599 证券简称：天合光能 转债代码：118031 转债简称：天 23 转债 单位：元 币种：人民币 | 项目 | | 本报告期比上 | | | --- | --- | --- | --- | | | 本报告期 | 上年同期 | 年同期增减变 | | | | | 动幅度(%) | | 营业收入 | 14,335,076,784.40 | 18,255,937,037.92 | -21.48 | | 归属于上市公司股东的净利润 | -1,319,686,059.24 | 515,738,782.58 | -355.88 | | 归属于上市公司股东的扣除非 经常性损益的净利润 | -1,373,418,308.79 | 447,238,367.14 | -407.09 | | 经营活动产生的现金流量净额 | -835,973,694.13 | -4,391,037,059.36 | 不适用 | 天合光能股份有限公司 2025 年第一季度报告 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 ...

Core Viewpoint - Trina Solar believes that despite the current pressure on profitability across the photovoltaic (PV) industry chain, all segments have reached a price bottom, and terminal market demand continues to be released [1][5]. Financial Performance - In 2024, Trina Solar reported revenue of 80.282 billion yuan, a year-on-year decrease of 29.21%, with a net loss of 3.443 billion yuan, a year-on-year increase in loss of 162.30% [1]. - In Q1 2025, Trina Solar, along with major competitors, reported net losses, with Trina Solar's loss at 1.32 billion yuan, the lowest among its peers [1]. Reasons for Loss - The decline in PV module prices and the provision for credit and asset impairments are the two main reasons for Trina Solar's losses [3]. - In Q1 2025, Trina Solar made provisions for credit and asset impairments totaling 359 million yuan, including credit impairment losses of 73 million yuan and asset impairment losses of 285 million yuan [3]. - In 2024, the total provision for credit and asset impairments was 3.106 billion yuan, with credit impairment losses of 508 million yuan and asset impairment losses of 2.598 billion yuan [3]. Strategic Initiatives - To meet overseas localization demands, Trina Solar is strategically investing in overseas light manufacturing, establishing a smart tracking manufacturing plant in Saudi Arabia, and securing multiple GW-level orders to enhance local delivery and service efficiency [3]. - The company has achieved over 5.7 GW in domestic wind-solar-storage project indicators and has shipped 7.3 GW of mounting systems, ranking among the top five in Europe, Latin America, and the Middle East [4]. Industry Competition and Future Outlook - The PV industry is currently divided into three technology camps: the TOPCon camp represented by Trina Solar and Jinko Solar, the BC camp represented by Longi Green Energy, and the heterojunction camp represented by Huasun and Dongfang Risheng [5]. - Trina Solar expects TOPCon technology to maintain its dominant position in the coming years, with potential efficiency improvements through various technological advancements [5]. - The company is also focusing on new perovskite PV technology to enhance the efficiency of perovskite-silicon tandem cells, with theoretical conversion efficiencies exceeding 30% [5]. - The competition in the PV industry is anticipated to shift from a focus on single PV module supply to the delivery of integrated solar-storage system solutions and comprehensive management capabilities [5]. - According to the China Photovoltaic Industry Association (CPIA), the Chinese market is expected to add 215 GW to 255 GW of new installations in 2025, with global new installations projected to reach 531 GW to 583 GW, driven by rapid demand growth in emerging markets [6].

天合光能公告，2025年第一季度营收为143.35亿元，同比下降21.48%；净亏损13.2亿元，去年同期净利 润5.16亿元。 ...

Core Viewpoint - The article discusses the challenges faced by three prominent women in the renewable energy sector who have recently taken over leadership roles in their respective family businesses during a downturn in the industry, highlighting their need to navigate both internal company dynamics and external geopolitical pressures [1][2]. Group 1: Company Leadership Transitions - Liu Shuqing became the leader of Tongwei Group in March 2023, but the company faced revenue and profit declines shortly after her appointment, leading to significant losses in the 2024 fiscal year [3]. - Jiang Anqi took over as the head of Tianqi Lithium after eight years of experience, but the company reported a loss of 7.9 billion in her first year, marking its worst performance in history [3]. - Gao Haichun, who has been involved in the photovoltaic industry since childhood, faced setbacks when plans for a subsidiary's IPO were halted, resulting in a valuation drop from 20 billion to 7 billion [3]. Group 2: Industry Challenges - The renewable energy sector is experiencing a downturn due to overcapacity, leading to price drops in both upstream materials and downstream products [2][4]. - The U.S. has imposed significant tariffs on Chinese photovoltaic products, with cumulative tariffs reaching 104% on solar products and 82.4% on lithium batteries, complicating the operational landscape for these companies [4]. Group 3: Strategic Responses - Companies are shifting their focus to overseas markets to mitigate the impact of U.S. tariffs, with Tongwei Group exploring opportunities in Australia and Mexico, while Tianqi Lithium aims to reduce its reliance on the U.S. market [5]. - The leadership of these companies is leveraging their international education backgrounds to facilitate global expansion and navigate complex trade environments [5]. - Despite the challenges, the companies maintain strong market positions and are expected to recover as they capitalize on technological innovations and cost advantages [6].

关于"天 23 转债"预计满足转股价格修正条件的 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。 一、可转债发行上市概况 | 证券代码：688599 | 证券简称：天合光能 | | | 公告编号：2025-039 | | --- | --- | --- | --- | --- | | 转债代码：118031 | 转债简称：天 | 23 | 转债 | | 天合光能股份有限公司 根据有关规定和《天合光能股份有限公司向不特定对象发行可转换公司债 券募集说明书》(以下简称"《募集说明书》")的约定，公司本次发行的可转换 公司债券的转股期自 2023 年 8 月 17 日至 2029 年 2 月 12 日，可转换公司债券 的初始转股价格为 69.69 元/股。 因公司于 2023 年 5 月 31 日完成 2020 年限制性股票激励计划首次授予部分 第二个归属期第二次归属登记手续，公司股本由 2,173,242,227 股变更为 2,173,425,666 股。同时公司实施了 2022 年度权益分派，确定每股派发现金红 ...

以上内容为证券之星据公开信息整理，由智能算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星消息，根据天眼查APP数据显示天合光能（688599）新获得一项发明专利授权，专利名为"电池片、印刷网版和电池分片"，专利申请号为CN202410235419.9，授权日为2025年4月2 专利摘要：本申请提供了一种电池片、印刷网版和电池分片，该电池片包括：沿第一方向依次排列的第一区域、第二区域、第三区域和第四区域，每个区域均具有多根沿第一方向延伸的主栅连接 今年以来天合光能新获得专利授权187个，较去年同期增加了21.43%。结合公司2024年中报财务数据，2024上半年公司在研发方面投入了8.44亿元，同比增3.2%。 数据来源：天眼查APP ...

光伏产业作为全球能源转型的重要组成部分，近年来发展迅速。中国作为全球光伏产业的领军者，已形 成涵盖硅料、电池片、组件、系统集成的完整产业链，各环节协同发展，为技术创新提供坚实支撑。同 时，企业积极与高校、科研机构合作，不断加大研发投入，加速技术突破。 光伏产业核心技术的升级聚焦在太阳能电池及组件，它直接决定光伏性能和转换效率。中国企业和高校 正引领全球太阳能电池及组件行业发展，据IPRdaily榜单显示，来自中国创新者的太阳能电池及组件相 关发明专利申请占比为59%，远超日本与韩国，其中，中国企业晶科能源、天合光能、隆基绿能位列榜 单前三。 TOPCon电池技术凭借其高效、稳定的性能特点，在当前市场中占据主导地位，研究发现，TOPCon未 来可用作叠层电池的底电池，有望进一步提升效率并拓展应用领域。在TOPCon专利布局上，全球排名 前十的企业中，有9家均为中国企业。值得一提的是，在2022年至2024年期间，天合光能的专利申请量 占其近十年总量的82.78%，增长速度位居行业前列。 转自：新华财经 近日，全球知名知识产权综合信息服务提供商IPRdaily发布了《全球太阳能电池及组件发明专利排行榜 （TOP5 ...