| 证券代码：000591 | 证券简称：太阳能 | 公告编号：2025-29 | | --- | --- | --- | | 债券代码：149812 | 债券简称：22太阳G1 | | | 债券代码：148296 | 债券简称：23太阳GK02 | | 中节能太阳能股份有限公司 向不特定对象发行可转换公司债券网上路演公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 中节能太阳能股份有限公司（以下简称"太阳能"或"发行人"）向不特定对 象发行 295,000.00 万元可转换公司债券已获得中国证券监督管理委员会证监许可 〔2025〕33 号文同意注册。 本次发行的可转换公司债券将向发行人在股权登记日（2025 年 3 月 27 日，即 T-1 日）收市后中国证券登记结算有限责任公司深圳分公司登记在册的原股东实行 优先配售，优先配售后余额部分（含原股东放弃优先配售部分）通过深圳证券交易 所交易系统网上发行。 本次向不特定对象发行可转换公司债券募集说明书全文及相关资料可在巨潮 网（http://www.cninfo.com.cn）查询。 为便于投资者了解太阳能 ...

| 证券代码：000591 | 证券简称：太阳能 | 公告编号：2025-31 | | --- | --- | --- | | 债券代码：149812 | 债券简称：22太阳 G1 | | | 债券代码：148296 | 债券简称：23太阳 GK02 | | 中节能太阳能股份有限公司 关于投资建设中节能太阳能牟平一期 100MW 光伏复合发电项目的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 中节能太阳能股份有限公司（以下简称公司）2025年3月25日召开第十一届 董事会第十六次会议审议通过了《关于投资建设中节能太阳能牟平一期100兆瓦 光伏复合发电项目的议案》，相关情况公告如下： 一、对外投资概述 为继续扩大公司光伏电站装机规模，保持行业领先地位，公司以下属子公司 中节能（烟台）太阳能科技有限公司（以下简称烟台公司）作为主体，投资建设 中节能太阳能牟平一期 100 兆瓦光伏复合发电项目（以下简称牟平一期项目）， 规划投资总额约 47,065.13 万元。 本次投资事宜已经公司董事会审议通过，无需提交公司股东大会批准。本次 投资事宜不构成关联交易，也不 ...

| 证券代码：000591 | 证券简称：太阳能 | 公告编号：2025-27 | | --- | --- | --- | | 债券代码：149812 | 债券简称：22太阳 G1 | | | 债券代码：148296 | 债券简称：23太阳 GK02 | | 中节能太阳能股份有限公司 第十一届监事会第十二次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、监事会会议召开情况 1.会议召开时间、地点和方式：中节能太阳能股份有限公司（以下简称公司） 第十一届监事会第十二次会议于2025年3月25日以通讯方式召开。 2.会议通知：会议通知及会议材料已于2025年3月18日以邮件方式发出。 3.会议出席人数：会议应表决监事3人，实际表决监事3人。本次会议的召开 符合《公司法》和《公司章程》的有关规定，本次会议及通过的决议合法有效。 二、监事会会议审议情况 会议经记名投票，审议通过了以下议案： 1.《关于进一步明确公司向不特定对象发行可转换公司债券方案的议案》 公司已取得中国证券监督管理委员会出具的《关于同意中节能太阳能股份有 限公司向不特定对象发行可转 ...

| 证券代码：000591 | 证券简称：太阳能 | 公告编号：2025-26 | | --- | --- | --- | | 债券代码：149812 | 债券简称：22太阳 G1 | | | 债券代码：148296 | 债券简称：23太阳 GK02 | | 中节能太阳能股份有限公司 第十一届董事会第十六次会议决议公告 二、董事会会议审议情况 会议经记名投票，审议通过了以下议案： 1.《关于进一步明确公司向不特定对象发行可转换公司债券方案的议案》 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 公司已取得中国证券监督管理委员会出具的《关于同意中节能太阳能股份有 限公司向不特定对象发行可转换公司债券注册的批复》（证监许可〔2025〕33 号），同意公司向不特定对象发行可转换公司债券（以下简称"可转债"）的注 册申请。根据公司 2023 年第一次临时股东大会以及 2024 年第一次临时股东大会 授权，公司董事会按照相关法律法规的要求，结合公司实际情况和市场状况，进 一步明确了公司可转债发行的具体方案。 一、董事会会议召开情况 1.会议召开时间、地点和方式：中节能太 ...

Summary of China Solar Industry Conference Call (21 March 2025) Industry Overview - **Industry**: China Solar Industry - **Date**: 21 March 2025 Key Points Polysilicon Prices and Inventory - Mono-grade polysilicon price remained stable week-over-week (WoW) at Rmb40/kg, with high inventory levels of 267k tonnes (approximately 2.7 months) preventing price increases. Continued inventory decline is expected due to demand recovery [1][1][1] Price Trends for Solar Components - N-type wafer prices increased by 1.7% WoW to Rmb1.20/pc for M10, while G12 prices remained stable at Rmb1.55/pc. - Topcon cell prices rose by 1.7% WoW to Rmb0.30/W for M10, with G12 prices stable at Rmb0.30/W. - Module prices increased by 1.4% WoW to Rmb0.73/W for Topcon and remained stable at Rmb0.85/W for HJT. - PV Infolink forecasts a 24% month-over-month (MoM) increase in module production to 52GW in March, driven by strong demand ahead of a new tariff policy effective from 1 June [2][2][2] Solar Glass and Soda Ash Prices - Solar glass prices remained flat WoW at Rmb13.75/22.25/sqm for 2.0mm/3.2mm, with inventory decreasing by 4.9% WoW to 28.87 days. - Soda ash prices remained stable at Rmb1,600/tonne [3][3][3] Export Performance - Solar cell and module exports fell by 32% YoY to US$4.0 billion in M225, with implied shipment volumes dropping by 4% YoY to 43GW. - Solar inverter exports increased by 5% YoY to US$1.07 billion, with inverter shipment volume up by 2% in M225. - India showed the strongest demand among emerging markets, with inverter export volume up 61% YoY, while other regions like South Africa, Brazil, and Saudi Arabia saw declines [4][4][4] Domestic Installations - China solar installations reached 39GW in M225, up 7.5% YoY, attributed to rush installations before the new tariff policy takes effect. Continued growth in installations is expected leading up to June [5][5][5] Risks and Opportunities - **Downside Risks**: 1. Slower-than-expected growth in installed domestic renewable energy capacity 2. Larger-than-expected tariff cuts for renewable energy projects 3. Increased competition from other power resources under future power reforms [24][24][24] - **Upside Risks**: 1. Faster-than-expected growth in installed domestic renewable energy capacity 2. Smaller-than-expected tariff cuts for renewable energy projects 3. Market share gains for solar energy compared to other power resources under future reforms [25][25][25] This summary encapsulates the key insights from the conference call regarding the current state and future outlook of the China solar industry, highlighting price trends, export performance, domestic installations, and associated risks and opportunities.

March 20, 2025 12:45 AM GMT China Clean Energy | Asia Pacific Solar Products Price Tracker – Week 12, 2025 Key Takeaways Exhibit 1: Solar products – Price summary | | 3/19/2025 Polysilicon (Rmb/kg) Wafer-182mm | | Wafer-210mm | Cell-182mm | Cell-210mm | Polysilicon | Wafer-182mm | Cell-182mm | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | (Rmb/pc) | (Rmb/pc) | (Rmb/W) | (Rmb/W) | (USD/kg) | (USD/pc) | (USD/W) | | Weekly ave | 40.0 | 1.20 | 1.55 | 0.30 | 0.30 | 20.00 | 0.16 | 0.04 | | WoW | 0 ...

证券代码： 000591 证券简称：太阳能 编号：2025-01 | 投资者关系活动 | □特定对象调研 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 类别 | 媒体采访 □业绩说明会 | □ | | | | | | | | 新闻发布会 □ | □ | | 路演活动 | | | | | | 现场参观 | □ | | | | | | | | ☑ 其他 （华源证券策略会） | | | | | | | | 参与单位名称及 | 华源证券 邓思平 银叶投资 | | | | | 李 | 悦 | | 人员姓名 | 景顺长城 朱冰文 工银瑞信 | | | | 余鸣洋 | | | | | 国都证券 陈 柳 | | | | | | | | 时间 | 2025 年 3 月 21 日 (周五) 上午 | | 9:00~10：00 | | | | | | 地点 | | | | | | | | | 上市公司接待人 | 董事会办公室（法律风控部） | | | 黄中化 | 张文婷 | | | | 员姓名 | | | | | | | | | | 一、就公司 ...

Global Research ab 13 March 2025 First Read China Solar Industry China renewable tour takeaways Mixed outlook for supply and demand During our renewables tour this week in Beijing, we visited ten senior experts and three listed companies in renewables sector. Our discussions are mainly focused on policies and measures to cut excess capacity for solar supply chain, demand outlook and electricity price trend following the renewables market transaction policy. We have greater conviction in supply-side reductio ...

Core Viewpoint - Yunnan Ge Industry plans to expand its production capacity of germanium wafers through its subsidiary Zhongke Xinyuan, aiming to meet the growing demand in the satellite solar cell market [1][2] Group 1: Project Details - Zhongke Xinyuan will implement a project to build germanium wafer production capacity, with an expected annual output of 1.25 million wafers by the end of 2025, and a total capacity of 2.5 million wafers upon completion [1] - The total investment for the project is estimated at 282 million yuan, with 100 million yuan allocated for fixed assets and 181 million yuan for working capital [1] - The project is located in Kunming National High-tech Industrial Development Zone and will not affect the existing production lines [2] Group 2: Market Demand and Strategic Importance - The demand for germanium wafers is expected to increase rapidly due to the growth of low-orbit communication satellite networks [1][2] - The expansion project is crucial for the company to capture market share and meet the rising downstream market demand [2] Group 3: Advanced Germanium Materials Project - Yunnan Ge Industry is also launching an advanced germanium materials project in Lincang City, which will include a production line for high-purity germanium products [3] - This project will have an annual production capacity of 45 tons of high-purity germanium tetrachloride, 15 tons of high-purity germanium dioxide, and 50 tons of zone-refined germanium ingots [3] - The total investment for this project is 121 million yuan, with expected annual revenue of 860 million yuan and an average profit of 30.63 million yuan upon reaching full capacity [3] Group 4: Financial Performance and Future Outlook - Yunnan Ge Industry expects a net profit of 46 million to 60 million yuan in 2024, representing a year-on-year growth of 559.55% to 760.28% [4] - The company anticipates a significant increase in revenue driven by the sales of compound semiconductor materials and various grades of germanium products [4] - The implementation of these projects is expected to enhance the company's competitiveness and profitability, contributing to high-quality development in the germanium industry [4]

Group 1 - The company plans to implement an advanced germanium materials construction project with a total investment of 121 million yuan [1] - The project will include a production line for germanium materials featuring wet purification and zone melting refining [1] - The company's subsidiary, Zhongke Xinyuan, intends to establish a production line for germanium wafers used in space solar cells, with a total investment of 282 million yuan [1] Group 2 - Zhongke Xinyuan will lease a factory within the existing production site to add 115 sets of main process equipment and auxiliary facilities [1] - The new production line aims to achieve an annual output of 2.5 million germanium wafers [1]