1. 公开市场操作 央行公告称，2月5日以固定利率、数量招标方式开展了1185亿元7天期逆回购操作，操作利率1.40%，投标量1185亿元，中标量1185亿元。同时，以固定数 量、利率招标、多重价位中标方式开展了3000亿元14天期逆回购操作。Wind数据显示，当日3540亿元逆回购到期，据此计算，单日净投放645亿元。 （注：若不计算14天期逆回购操作，则单日净回笼2355亿元） （*数据来源：Wind-央行动态PBOC） 2. 资金面 （*数据来源：Wind-同业存单-发行结果） 银行间市场资金面仍稳中偏松，DR001加权平均利率继续停留于1.32%附近。匿名点击（X-repo）系统上，隔夜报价在1.3%供给充足；非银机构以信用债 为抵押融入隔夜，报价在1.5%或略低。 海外方面，最新美国隔夜融资担保利率为3.69%。 （IMM） // 债市综述 // （*数据来源：Wind-国际货币资金情绪指数、资金综合屏） 3. 同业存单 全国和主要股份制银行一年期同业存单最新成交在1.60%附近，较上日小幅下行。 4. 银行间主要利率债收益率普遍下行 | （*数据来源：Wind-成交统计BMW） | | --- | ...

国内光伏装备领域龙头企业，核心业务涵盖光伏组件、钙钛矿电池等高端装备研发制造，在钙钛矿整线 设备领域布局较早，技术覆盖激光刻蚀、薄膜沉积等关键环节，设备性能适配规模化量产需求。其自主 研发的钙钛矿电池激光修复设备，可大幅提升电池良率，技术指标处于行业领先水平。 （来源：淘金ETF） 1. 泽润新能（301636） 作为钙钛矿电池领域的新锐企业，核心业务聚焦钙钛矿电池核心材料与装备研发，主攻钙钛矿前驱体材 料与功能层薄膜制备技术，产品具备高纯度、高稳定性特点，适配规模化量产需求。其技术团队来自国 内顶尖光伏材料实验室，在钙钛矿材料缺陷钝化、界面优化上具备深厚积淀，已完成多批次中试验证， 产品性能通过第三方权威检测。 在太空光伏与算力赛道，其核心材料技术具备关键适配性。钙钛矿电池的轻薄特性完美契合太空运载限 制，而公司研发的高耐辐射钙钛矿前驱体材料，可提升电池在太空极端环境下的稳定性，为太空算力中 心提供高效能源支撑。未来随着太空光伏产业化落地，公司有望凭借材料技术优势切入供应链，成为太 空光伏钙钛矿电池核心材料供应商，打开全新增长空间。 2. 奥特维（688516） 在太空光伏场景中，其装备技术为钙钛矿电池量产 ...

2025 年度业绩预亏及子公司停产的公告 中证鹏元资信评估股份有限公司（以下简称"中证鹏元"）对内 蒙古欧晶科技股份有限公司（以下简称"欧晶科技"或"公司"，股 票代码：001269.SZ）及其发行的下述债券开展评级。除评级委托关 系外，中证鹏元及评级从业人员与公司不存在任何足以影响评级行为 独立、客观、公正的关联关系。 中证鹏元资信评估股份有限公司 中证鹏元公告【2026】48 号 中证鹏元关于关注内蒙古欧晶科技股份有限公司 注：上表中宜兴欧清数据为部分产线停产财务数据。 资料来源：公司公告 针对以上事项，中证鹏元结合公司公告以及公司反馈了解到，公 司 2025 年业绩预亏的原因主要系光伏行业内供需错配问题尚未根本 缓解，产业链各环节开工率维持低位，公司产品产能利用率不高，产 品价格仍处于历史低位以及计提资产减值准备增加等因素所致。子公 司天津欧川及宜兴欧清主营业务为对使用后的硅片切削液进行加工 处理实现切削液的再循环利用，近年来光伏行业整体产能利用率下 降，产品配套加工业务下游客户需求减少，天津欧川全部产线及宜兴 欧清部分产线停产主要系出于减少亏损，降低运营成本的考虑。 公司 2025 年业绩亏损上限占 ...

股票代码：001269 股票简称：欧晶科技 债券代码：127098 债券简称：欧晶转债 内蒙古欧晶科技股份有限公司 向不特定对象发行可转换公司债券 2026 年度第一次临时受托管理事务报告 债券受托管理人 二零二六年一月 1 重要声明 本报告依据《公司债券发行与交易管理办法》《内蒙古欧晶科技股份有限公 司与国信证券股份有限公司签订的向不特定对象发行可转换公司债券之受托管 理协议》（以下简称"《受托管理协议》"）《内蒙古欧晶科技股份有限公司向不 特定对象发行可转换公司债券募集说明书》等相关规定、公开信息披露文件、发 行人提供的相关材料等，由本次债券受托管理人国信证券股份有限公司（以下简 称"国信证券"）编制。国信证券对本报告中所包含的从上述文件中引述内容和信 息未进行独立验证，也不就该等引述内容和信息的真实性、准确性和完整性做出 任何保证或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为国信证券所作的承诺 或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，国信证 券不承担任何责任。 2 一、核准文件及核准规模 ...

Group 1 - Shuangliang Energy is expected to report a net loss of between 1.06 billion to 780 million yuan in 2025 [1] - Oujing Technology has halted production at two subsidiaries to reduce losses [1] - Blue Sky Technology's controlling shareholder plans to transfer 2% of shares through inquiry [1] Group 2 - Zhongchong Co. plans to repurchase shares worth 100 million to 200 million yuan for convertible bond conversion [1] - Yitian Intelligent anticipates a total loss of between 186 million to 152 million yuan for the year 2025 [1] - Wannianqing received administrative regulatory measures from Jiangxi Securities Regulatory Bureau due to information disclosure violations [1] Group 3 - Jiangshan Oupai expects a pre-loss of 180 million to 230 million yuan in 2025 [1] - Hebang Bio received a warning letter due to revenue recognition and information disclosure issues [1] - Huazheng Convertible Bond is subject to forced redemption [1] Group 4 - Daotong Convertible Bond will not be forcibly redeemed [2] - Several convertible bonds including Huazheng, Ta21, and others will not undergo adjustments [2] - Lianrui Convertible Bond is set to be listed on January 28 [1]

对于业绩变动原因，欧晶科技表示，报告期内，光伏行业仍处于深度调整周期，行业内供需错配问题尚 未根本缓解，产业链各环节开工率维持低位，导致公司主要产品销售均价仍处于低位，计提资产减值准 备增加，整体经营环境继续承压。 北京商报讯（记者 王蔓蕾）1月24日，欧晶科技（001269）发布2025年度业绩预告显示，公司预计全年 实现归属净利润亏损2.4亿—3亿元，上年同期为亏损5.36亿元。 ...

Core Viewpoint - The company, Oujing Technology, is forecasting a net profit loss of between 300 million to 240 million yuan for the fiscal year 2025, which is an improvement compared to a loss of 536 million yuan in 2024, indicating two consecutive years of significant losses [1][2]. Financial Performance - The expected net profit attributable to shareholders for 2025 is a loss of 300 million to 240 million yuan, compared to a loss of 535.97 million yuan in the previous year [2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 306 million to 246 million yuan, down from a loss of 530.21 million yuan in 2024 [2]. - The basic earnings per share are expected to be a loss of 1.56 to 1.25 yuan per share, compared to a loss of 2.79 yuan per share in the previous year [2]. Industry Context - The photovoltaic industry is still undergoing a deep adjustment cycle, with supply-demand mismatches not fundamentally resolved, leading to low operating rates across the industry and continued pressure on the overall operating environment [2]. - The company is focusing on its core business and enhancing operational management while increasing research and development for semiconductor-grade quartz crucibles to diversify its business and mitigate risks [2]. Asset Impairment and Subsidiary Shutdown - The company announced asset impairment provisions and the shutdown of subsidiaries, which have impacted the 2025 performance [3]. - The total asset impairment provision for 2025 amounts to 234.19 million yuan, including inventory impairment losses of 41.89 million yuan and fixed asset impairment losses of 138.84 million yuan [5]. - The full subsidiary, Tianjin Ouchuan Environmental Technology Co., and part of the subsidiary, Yixing Ouqing Environmental Technology Co., have suspended production to reduce losses and operating costs [6]. Management Changes - The company appointed new senior management, including Zhang Jian as the executive vice president and Huo Yanan as the financial director, while two vice presidents resigned for personal reasons [7].

一、可转换公司债券发行上市情况 （一）可转换公司债券发行情况 经中国证券监督管理委员会《关于同意内蒙古欧晶科技股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可[2023]2508 号）同意注 册，公司向不特定对象发行可转换公司债券 4,700,000.00 张，每张面值为人民 币 100.00 元，募集资金总额为人民币 470,000,000.00 元，债券期限 6 年。 债券代码：127098 债券简称：欧晶转债 证券代码：001269 证券简称：欧晶科技 公告编号：2026-007 内蒙古欧晶科技股份有限公司 关于不向下修正"欧晶转债"转股价格的公告 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。 特别提示： 1、自 2026 年 1 月 5 日至 2026 年 1 月 23 日，公司股票已有十五个交易日 的收盘价格低于当期转股价格 42.00 元/股的 85%，已触发"欧晶转债"转股价 格向下修正条款。 2、2026 年 1 月 23 日，经公司第四届董事会第十六次会议审议，董事会决 定本次不向下修正转股价格，同时在本次董事会审议通过次 ...

Group 1 - JunDa Co., Ltd. announced that the comprehensive cost-effectiveness of perovskite photovoltaic technology in extreme space environments remains to be verified [2][5] - The company has invested 30 million yuan to acquire a 16.67% stake in Starwing Chip Energy, but no formal business agreement has been signed for space photovoltaic projects [2][5] - The technology shows potential advantages in lightweight, low cost, and high radiation resistance, but long-term reliability and cost-effectiveness in space are still uncertain [2][5] Group 2 - Aotewei stated that the "space photovoltaic" sector is still in the early exploration and research phase, with significant uncertainties in the industrialization process [3] - The company emphasized that product development to commercial application requires a considerable period, and the impact of related positive expectations on actual operating performance is highly uncertain [3] Group 3 - Tongyu Communications announced its participation in the A1 round financing of Beijing Blue Arrow Hongqing Technology, investing 30 million yuan for a 1.8293% stake [3] - The company will transition from direct to indirect ownership of Hongqing Technology through a partnership agreement [3] Group 4 - Huajin Technology received approval from the China Securities Regulatory Commission for the issuance of H-shares, planning to issue up to 101,573,100 shares [4] - Trina Solar announced a change in the use of remaining raised funds, reallocating 1.7 billion yuan to a new project for distributed smart photovoltaic power station construction [4][5] Group 5 - Yunnan City Investment plans to publicly transfer a 10.5% stake in Qicai Company with a base price of 293 million yuan [6] - Zijin Mining announced the completion of the second phase of the Giant Dragon Copper Mine, increasing production capacity to 350,000 tons per day [6] Group 6 - Shuaifeng Electric expects a net profit loss of 43 million to 62 million yuan in 2025, with potential delisting risk warnings for its stock [7] - Anqi Yeast plans to invest 222 million yuan in a green manufacturing project for yeast products with an annual output of 12,000 tons [7] Group 7 - Zhengzhou Coal and Electricity announced the cessation of production at the Chaohua Coal Mine due to resource depletion and safety risks, expecting a 311 million yuan impairment loss [8] - Oujing Technology announced partial production line shutdowns at its subsidiaries to reduce losses and operating costs [8] Group 8 - North Car Blue Valley plans to invest in the construction of a high-end platform model industrialization and digital upgrade project with a total investment of 1.991 billion yuan [9] - Jingzhida signed a significant contract worth 1.311 billion yuan for semiconductor testing equipment [9] Group 9 - Yanghe Co. announced a cash dividend plan for 2025-2027, committing to distribute no less than 100% of net profit each year [10] - Yanghe Co. also projected a net profit decline of 62.18% to 68.30% for 2025 due to market adjustments and increased channel inventory [10] Group 10 - Huitong Energy expects a net profit decrease of 69.51% to 75.82% for 2025, primarily due to the absence of non-recurring income from property relocation rewards [11] - Dahua Co. reported a net profit increase of 32.65% for 2025, driven by business optimization and cost control [12] Group 11 - Hangzhou Bank reported a net profit increase of 12.05% for 2025, maintaining a stable non-performing loan ratio [12] - Aotejia expects a net profit increase of 41.85% to 79.67% for 2025, supported by sales growth and cost control measures [12] Group 12 - Shenke Co. anticipates a net profit increase of 65.75% to 98.9% for 2025, benefiting from overseas strategy and revenue growth [13] - Pioneering Technology expects a net profit increase of 50.82% to 109.21% for 2025, driven by product technology iterations and market expansion [13] Group 13 - Shanchuang Technology expects a net profit increase of 81.77% to 134.78% for 2025, fueled by demand for enterprise-level storage products [14] - Anshuo Information anticipates a net profit increase of 52.44% to 98.83% for 2025, with government subsidies contributing to the growth [14] Group 14 - Zhongwei Company expects a net profit increase of 28.74% to 34.93% for 2025, driven by increased customer recognition of its plasma etching equipment [15] - Jingfang Technology anticipates a net profit increase of 44.41% to 52.32% for 2025, benefiting from the automotive industry's growth [16] Group 15 - Fuda Alloy expects a net profit increase of 119.14% to 219.95% for 2025, driven by strong demand in emerging applications [17] - Feirongda anticipates a net profit increase of 57.23% to 83.43% for 2025, supported by stable growth in communication and cooling business [17] Group 16 - Licheng Performing Arts expects a net profit decrease of 12.75% to 32.21% for 2025, impacted by regional travel environment fluctuations [22] - Lisheng Pharmaceutical anticipates a net profit increase of 116.77% to 138.44% for 2025, driven by market expansion and product sales [23] Group 17 - JMC reported a net profit decrease of 22.71% for 2025, despite a 2.07% increase in total revenue [27] - Daoshi Technology expects a net profit increase of 206.01% to 269.76% for 2025, driven by overseas business expansion [28] Group 18 - Jin Kai New Energy plans to repurchase shares worth 500 million to 600 million yuan, with a maximum repurchase price of 7.5 yuan per share [29] - Longyun Co. announced a stock suspension due to plans to acquire a 58% stake in Yuheng Film Industry [30]

Core Viewpoint - The company announced the appointment of new senior management personnel and the resignation of two vice presidents due to personal reasons [1] Group 1: Management Changes - The company will hold its fourth board meeting on January 23, 2026, to review the appointment of new senior management [1] - Mr. Zhang Jian has been appointed as the Executive Vice President of the company [1] - Ms. Huo Yanan has been appointed as the Chief Financial Officer [1] Group 2: Resignations - The company received resignation reports from Vice Presidents Mr. Du Xinglin and Ms. Liang Ying, who are leaving their positions for personal reasons [1] - Despite their resignation from the vice president roles, both individuals will continue to work within the company as needed [1]