Core Viewpoint - The company, Zhejiang Airo Network Energy Technology Co., Ltd., has reported a total of 67.10 million yuan in impairment losses for the first three quarters of 2025, which will reduce the pre-tax profit for the same period by the same amount [7][10]. Financial Data - The company has recognized credit impairment losses of 19.24 million yuan for accounts receivable and other receivables [8]. - The company has also recognized inventory impairment losses amounting to 47.86 million yuan, reflecting the difference between the carrying cost and the net realizable value of the inventory [9]. Impairment Preparation - The impairment preparation is based on the company's actual situation and accounting standards, ensuring a true reflection of the financial status [11]. - The company assures that this impairment will not have a significant impact on its production and operations [11].

证券代码：688717 证券简称：艾罗能源 公告编号：2025-046 单位：万元 浙江艾罗网络能源技术股份有限公司 关于 2025 年前三季度计提资产减值准备的公告 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、本次计提资产减值准备情况概述 浙江艾罗网络能源技术股份有限公司（以下简称"艾罗能源"或"公司"） 根据《企业会计准则》和公司相关会计政策等有关规定，为了真实、准确地反映 公司截至 2025 年 9 月 30 日的财务状况，本着谨慎性原则，公司对截至 2025 年 9 月 30 日合并报表范围内存在减值迹象的有关资产计提减值准备。 2025 年前三季度公司计提信用减值损失和资产减值损失共计 6,709.51 万元， 具体情况如下表所示： | 项目 | 2025 | 年前三季度计 | 备注 | | --- | --- | --- | --- | | | | 提金额 | | | 信用减值损失 | | 1,923.80 | 应收账款坏账损失、其他应收款坏账 损失 | | 资产减值损失 | | 4,785.71 | ...

浙江艾罗网络能源技术股份有限公司 2025 年第三季度报告 证券代码：688717 证券简称：艾罗能源 浙江艾罗网络能源技术股份有限公司 2025 年第三季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 1 / 13 单位：元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 1,221,106,832.04 48.32 3,027,811,711.77 25.80 利润总额 -22,339,996.54 -155.00 106,841,342.71 -28.63 归属于上 ...

Core Insights - The photovoltaic equipment sector experienced a significant increase of 8.27% on October 29, with Canadian Solar leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Sector Performance - Canadian Solar (688472) saw a closing price of 14.84, with a remarkable increase of 19.97% and a trading volume of 1.6277 million shares, amounting to a transaction value of 22.65 billion [1] - Sungrow Power (300274) closed at 191.49, up 15.44%, with a trading volume of 1.4529 million shares and a transaction value of 264.10 billion [1] - Trina Solar (6658889) closed at 19.72, up 11.04%, with a trading volume of 0.08859 million shares and a transaction value of 16.85 billion [1] - GoodWe (688390) closed at 59.20, up 10.34%, with a trading volume of 135,200 shares and a transaction value of 7.66 billion [1] - Aiko Energy (688717) closed at 77.13, up 10.09%, with a trading volume of 70,100 shares and a transaction value of 5.22 billion [1] - Jiangxi Green Energy (601012) and Tongwei Co. (600438) both saw a 10% increase, closing at 20.79 and 24.87 respectively, with transaction values of 78.52 billion and 44.03 billion [1] Capital Flow - The photovoltaic equipment sector experienced a net inflow of 7.248 billion in main funds, while retail investors saw a net outflow of 3.603 billion and 3.645 billion respectively [2]

Group 1 - The A-share market's energy storage sector is experiencing significant growth, with notable stock price increases for several companies [1] - HaiBo SiChuang's stock rose over 13%, followed by AiLuo Energy with over 9%, and KeLu Electronics with over 7% [2] - The growth is driven by policy support and increasing global demand for grid stability equipment and AI-driven data center power supply systems [1] Group 2 - The battery industry, along with solar energy and electric vehicles, is a core component of China's industrial growth strategy [1] - The total market capitalization of HaiBo SiChuang is 50.6 billion, while AiLuo Energy stands at 12.2 billion [2] - Year-to-date, KeLu Electronics has seen a remarkable increase of 105.52% in its stock price [2]

Core Viewpoint - The photovoltaic industry chain experienced a collective surge in stock prices, with several companies reaching their daily limit up, indicating strong market performance and investor interest [1][2]. Group 1: Stock Performance - Longi Green Energy reached the daily limit up with a trading volume exceeding 6 billion yuan [1]. - Other companies such as Canadian Solar, Tongrun Equipment, and Hongyuan Green Energy also hit the daily limit up, while Trina Solar saw an increase of over 10% [1]. - Notable stock price increases include: - Canadian Solar: +19.97% to 14.84 yuan - Trina Solar: +10.53% to 19.63 yuan - Tongrun Equipment: +10.01% to 19.34 yuan - Longi Green Energy: +10.00% to 20.79 yuan - Hongyuan Green Energy: +9.99% to 26.32 yuan [2].

Core Viewpoint - The photovoltaic industry chain experienced a collective surge on October 29, with several companies reaching their daily limit up, indicating strong market performance and investor interest in the sector [1]. Group 1: Company Performance - Longi Green Energy (隆基绿能) reached a limit up with a price increase of 10% to 20.79 [2]. - Canadian Solar (阿特斯) saw a significant rise of 19.97%, reaching a price of 14.84 [2]. - Trina Solar (天合光能) increased by 10.53%, with a current price of 19.63 [2]. - Tongrun Equipment (通润装备) also rose by 10.01%, reaching 19.34 [2]. - Hongyuan Green Energy (弘元绿能) increased by 9.99%, with a price of 26.32 [2]. - Other notable companies included Sungrow Power Supply (阳光电源) with a 9.70% increase to 181.97 and Aiko Solar (爱旭股份) with a 9.50% rise to 16.37 [2][3]. Group 2: Market Trends - The overall trend in the photovoltaic sector indicates a robust recovery and investor confidence, as evidenced by the significant price increases across multiple companies [1][2]. - The collective performance suggests a positive outlook for the industry, potentially driven by favorable market conditions and increasing demand for solar energy solutions [1].

Core Insights - Airo Energy's stock increased by 5.2%, reaching 73.70 CNY per share, with a trading volume of 208 million CNY and a turnover rate of 2.96%, resulting in a total market capitalization of 11.792 billion CNY [1] Company Overview - Zhejiang Airo Network Energy Technology Co., Ltd. was established on March 2, 2012, and is set to be listed on January 3, 2024 [1] - The company primarily provides photovoltaic energy storage inverters, storage batteries, and grid-connected inverters aimed at overseas customers, focusing on distributed photovoltaic storage and grid-connected applications [1] - The revenue composition of the main business includes: 60.42% from household energy storage systems and products, 20.74% from grid-connected inverters, 13.63% from commercial energy storage systems, and 5.21% from accessories and others [1] Fund Holdings - Nord Fund has a significant position in Airo Energy, with its Nord New Energy A Fund (014829) holding 12,700 shares, accounting for 3.86% of the fund's net value, making it the fifth-largest holding [2] - The fund has achieved a year-to-date return of 45.25%, ranking 1493 out of 8155 in its category, and a one-year return of 42.42%, ranking 1422 out of 8031 [2] Fund Manager Profile - The fund manager of Nord New Energy A Fund is Wang Hengnan, who has been in the position for 6 years and 344 days [3] - The total asset size of the fund is 245 million CNY, with the best return during Wang's tenure being 57.89% and the worst being -35.81% [3]

证券代码：688717 证券简称：艾罗能源 公告编号：2025-045 浙江艾罗网络能源技术股份有限公司 首次公开发行部分限售股上市流通公告 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。 本次股票上市流通日期为2025 年 11 月 5 日。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2023 年 5 月 16 日印发的《关于同意浙江艾 罗网络能源技术股份有限公司首次公开发行股票注册的批复》（证监许可〔2023〕 1094 号）的决定，公司获准向社会公开发行人民币普通股 A 股 40,000,000 股，并 于 2024 年 1 月 3 日在上海证券交易所科创板上市。公司首次公开发行股票前总股 本为 12,000 万股，首次公开发行股票后总股本为 16,000 万股，其中有限售条件 流通股 14,144.0591 万股，占公司总股本的 88.4004%，无限售条件流通股 1,855.9409 万股，占公司总股本的 11.5996%。 首次公开发行网下配售的 13,440,591 股限售股已于 2024 ...

招商证券股份有限公司 关于浙江艾罗网络能源技术股份有限公司 首次公开发行部分限售股上市流通的核查意见 招商证券股份有限公司（以下简称"招商证券"或"保荐机构"或"保荐人"） 作为浙江艾罗网络能源技术股份有限公司（以下简称"艾罗能源"、"公司"）首 次公开发行股票并在科创板上市持续督导阶段的保荐人，根据《证券发行上市保 荐业务管理办法》《上海证券交易所科创板股票上市规则》等有关规定，对艾罗 能源首次公开发行部分限售股上市流通的事项进行了核查，核查情况及核查意见 如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2023 年 5 月 16 日印发的《关于同意浙江艾 罗网络能源技术股份有限公司首次公开发行股票注册的批复》（证监许可〔2023〕 1094 号）的决定，公司获准向社会公开发行人民币普通股 A 股 40,000,000 股， 并于 2024 年 1 月 3 日在上海证券交易所科创板上市。公司首次公开发行股票前 总股本为 12,000 万股，首次公开发行股票后总股本为 16,000 万股，其中有限售 条件流通股 14,144.0591 万股，占公司总股本的 88.4004%，无限售条件流通 ...