数据显示，截至9月1日，A股市场两融余额报22969.91亿元，融资余额报22808.29亿元，均创历史新高。 今年以来，A股融资余额增加4266.84亿元，电子行业融资余额增加超950亿元，A股市场融资净买入金额最大的股票为新易盛（300502），净卖出金额最 大的股票为牧原股份（002714）。 A股两融余额、融资余额均创历史新高 数据显示，截至9月1日，A股市场两融余额报22969.91亿元，融资余额报22808.29亿元，均超过2015年6月18日的水平，创历史新高。 今年以来，A股融资余额增加4266.84亿元，其中2月、3月、5月、6月、7月、8月、9月以来均为增加。 回顾A股两融余额2015年以来的变动情况，在2015年1月—2015年6月，A股两融余额快速上升，在2015年6月18日触及历史次高点的22730.35亿元后，快速 下降。之后几经周折，在2019年2月1日触及区间低点的7169.51亿元，而后震荡上升，在2024年9月、10月、11月均增加明显，之后在2025年6月以来明显 增加，在2025年9月1日创下历史新高。 2015年以来两融余额变动情况 近期，A股市场两融交易活跃，两融交 ...

TCL 科技 摘要 光伏领域受到新能源政策（如 430 和 531 政策）影响较大，对上半年经营起 到节奏性调整作用。今年二三月份因新政影响需求前置反应，使得业绩表现有 所改善，但整体来看，上半年亏损有所收窄。内部坚持降本、提效、提质，提 高产品力和客户营销力，同时践行行业自律。组件业务结构短板有所补齐，美 国市场亏损数有所收窄，但仍对公司业绩有负面影响。 2025 年上半年 TCL 科技营收 856 亿元，同比增长 6.7%；净利润 0.3 亿元，同比显著改善；归母净利润 18.8 亿元，同比增长明显。华星光 电贡献主要利润，收入同比增长 15.4%，净利润同比增加 19.2 亿至 46.1 亿，创历史最佳水平之一。 华星光电上半年中尺寸营收增长 43%，受益于 T9 满产及 IT 产品出货； 大尺寸营收增长 8%，稳定市场价格；小尺寸出货量增幅大但营收增幅 不显著。电视面板业务中，55 寸以上超大尺寸市场份额第一，电竞显示 器市场份额第一。 华星光电完成对 LG 显示广州资产（T11 线）的并购，二季度过渡期运 作平稳，良率保持 95%以上，预计 2026 年带来显著盈利增长，并通过 高效切割技术弥补 4 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 文/新浪财经上海站 时行工作室 8月31日，TCL中环（002129.SZ）发布公告称，因个人原因，胡伟申请辞去董事会秘书职务，辞职后将 不再担任公司及其子公司任何职务。公司董事会同时审议通过聘任李丽娜为新任董事会秘书。 这是TCL中环在一年之内第二次更换董秘岗位。根据公开资料，前任董秘秦世龙于2024年11月因个人原 因辞职，仅相隔不到10个月，接任者胡伟也选择离开，引发市场对公司信息披露管理稳定性的再度关 注。 登录新浪财经APP 搜索【信披】查看更多考评等级 如此背景下，董秘岗位频繁更替，不仅影响沟通效率，也在一定程度上加大了投资者对公司稳定性与治 理体系的担忧。 此外，根据2024年年报披露，TCL中环高管团队成员变动较为频繁，部分副总级别岗位亦在调整之中， 显示出公司处于业务调整与组织优化的关键阶段。在此节点下，董秘作为资本市场窗口角色，除需保障 信披合规外，更承担着传递战略、稳定预期、回应关切的桥梁作用。 截至9月1日收盘，股价报收于8.36元/股，年内跌幅达5.75%，总市值为338亿元。 TCL中环董秘连续变动，或折射出 ...

每经AI快讯，TCL中环（SZ 002129，收盘价：8.38元）8月29日晚间发布公告称，胡伟先生因个人原因 申请辞去公司董事会秘书职务。辞职后，胡伟先生不再担任公司及子公司任何职务。经公司董事长提 名，公司董事会提名委员会审核同意，审议通过了《关于聘任公司董事会秘书的议案》，同意聘任李丽 娜女士为公司董事会秘书。 每经头条（nbdtoutiao）——近120个品牌、1600辆车逐鹿西南！下半年国内首个A级车展开幕：新能 源"第三极"将改写车市格局 （记者 王晓波） 截至发稿，TCL中环市值为339亿元。 ...

证券代码：002129 证券简称：TCL 中环 公告编号：2025-026 TCL 中环新能源科技股份有限公司 第七届董事会第十五次会议决议的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 三、备查文件 1、第七届董事会第十五次会议决议； 董事会同意聘任李丽娜女士为公司董事会秘书，任期自本次董事会审议通过之日起至公司第 七届董事会届满之日止。详情请见与本决议公告同日发布在指定披露媒体上的公司《关于变更公 司董事会秘书的公告》。 表决票 9 票，赞成票 9 票，反对票 0 票，弃权票 0 票。 本议案在提交公司董事会审议前已经公司第七届董事会提名委员会第五次会议审议通过。 二、审议通过《关于调整董事会资本及投资者关系工作委员会委员的议案》 董事会同意公司董事会资本及投资者关系工作委员会委员调整为廖骞先生、王彦君先生、李 丽娜女士，委员会召集人仍为廖骞先生。 表决票 9 票，赞成票 9 票，反对票 0 票，弃权票 0 票。 TCL 中环新能源科技股份有限公司（以下简称"公司"）第七届董事会第十五次会议于 2025 年 8 月 29 日以通讯方式召开。会议通知 ...

证券代码：002129 证券简称：TCL 中环 公告编号：2025-027 TCL 中环新能源科技股份有限公司 二、关于聘任董事会秘书的情况 经公司董事长提名，公司董事会提名委员会审核同意，公司于 2025 年 8 月 29 日召开 第七届董事会第十五次会议，审议通过了《关于聘任公司董事会秘书的议案》，同意聘任 李丽娜女士为公司董事会秘书，任期自本次董事会审议通过之日起至公司第七届董事会届 满之日止，简历详见附件。 李丽娜女士具备履行职责所必需的专业知识、从业经验和职业素养，能够胜任所聘岗 位的职责要求，符合《公司法》《深圳证券交易所股票上市规则》等规定的任职条件。 董事会秘书办公地址及联系方式如下： 联系电话：022-23789787 传真号码：022-23789786 关于变更公司董事会秘书的公告 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。 一、关于董事会秘书辞职的情况 TCL 中环新能源科技股份有限公司（以下简称"公司"）董事会于近日收到公司董事 会秘书胡伟先生的辞职申请，胡伟先生因个人原因申请辞去公司董事会秘书职务。根据《中 华人民共和国公司法》（ ...

Core Viewpoint - The photovoltaic industry is facing significant losses across the supply chain, with major manufacturers reporting substantial deficits in their financial results for the first half of the year [1][4][6]. Financial Performance - The top five manufacturers in terms of module shipments reported a combined loss of approximately 160 billion yuan in the first half of the year [1][6]. - JinkoSolar reported a revenue of 31.83 billion yuan, a year-on-year decrease of 32.63%, with a net loss of 2.91 billion yuan, a year-on-year increase in losses of 342.4% [4]. - Longi Green Energy's revenue was 32.81 billion yuan, down 14.83% year-on-year, with a net loss of 2.57 billion yuan, a reduction in losses of 26.61% compared to the previous year [4]. - Trina Solar and JA Solar both reported significant revenue declines and net losses, with Trina Solar's revenue at 31.06 billion yuan (down 27.72%) and a net loss of 2.92 billion yuan (up 654.47%) [4]. - Tongwei Co. achieved a revenue of 40.51 billion yuan, down 7.51%, with a net loss of 4.96 billion yuan, an increase in losses of 58.35% [5]. Cash Flow Health - Cash flow has emerged as a critical indicator of survival for photovoltaic companies, with several firms reporting improvements in cash flow despite overall losses [8][9]. - TCL Zhonghuan reported a net cash flow from operating activities of 523 million yuan, a year-on-year increase of 308.4% [9]. - Trina Solar's net cash flow was 1.843 billion yuan, with a second-quarter figure of 2.679 billion yuan [9]. - However, companies like Daqo New Energy reported negative cash flow, with a net cash flow of -1.608 billion yuan [9]. Industry Pricing and Competition - The photovoltaic industry is undergoing a "reverse involution" movement, with a reduction in low-price sales and fierce competition [1][10]. - Regulatory bodies have initiated measures to combat low-price, disorderly competition, emphasizing the need for quality improvement and the orderly exit of outdated production capacity [11]. - Recent trends indicate a recovery in prices across various segments of the supply chain, with manufacturers expressing hope for prices to stabilize above cost levels [11][12].

Core Viewpoint - The photovoltaic industry is facing significant losses across the supply chain, with major manufacturers reporting substantial deficits in their financial results for the first half of the year [1][3][4]. Financial Performance - The top five manufacturers in terms of module shipments reported a combined loss of approximately 160 billion yuan in the first half of the year [1][4]. - JinkoSolar reported a revenue of 31.83 billion yuan, a year-on-year decrease of 32.63%, with a net loss of 2.91 billion yuan, a year-on-year increase in losses of 342.4% [3]. - Longi Green Energy's revenue was 32.81 billion yuan, down 14.83%, with a net loss of 2.57 billion yuan, a reduction in losses of 26.61% compared to the previous year [3]. - Trina Solar's revenue was 31.06 billion yuan, down 27.72%, with a net loss of 2.92 billion yuan, a year-on-year increase in losses of 654.47% [3]. - JA Solar reported revenue of 23.90 billion yuan, down 36.01%, with a net loss of 2.58 billion yuan, an increase in losses of 195.13% [3][4]. - Tongwei Co. achieved revenue of 40.51 billion yuan, down 7.51%, with a net loss of 4.96 billion yuan, an increase in losses of 58.35% [4]. Cash Flow Health - Cash flow has become a critical indicator of survival for photovoltaic companies, with some firms reporting improved cash flow despite overall losses [5][6]. - TCL Zhonghuan reported a net cash flow from operating activities of 0.523 billion yuan, a year-on-year increase of 308.40% [5]. - Trina Solar's net cash flow from operating activities was 1.843 billion yuan, with a second-quarter figure of 2.679 billion yuan [5]. - Canadian Solar reported a net cash flow from operating activities of 3.78 billion yuan, a year-on-year increase of over 150% [5]. - However, companies like Daqo New Energy reported a negative cash flow of -1.608 billion yuan [6]. Industry Pricing and Policy - The photovoltaic industry is undergoing a "reverse involution" movement, with a reduction in low-price sales and fierce competition [1][7][8]. - The Chinese government has initiated measures to combat low-price, disorderly competition, emphasizing the need for quality improvement and the orderly exit of outdated production capacity [7]. - Recent meetings and legislative changes have aimed to regulate below-cost sales practices, indicating a shift towards maintaining stable pricing in the industry [7][8].

Core Viewpoint - The social security fund has made significant adjustments to its stock holdings, with a focus on long-term investment strategies, reflecting its presence in the top ten shareholders of 425 companies as of August 28 [1] Group 1: Stock Adjustments - In the second quarter, the social security fund entered 108 new stocks, increased holdings in 108 stocks, reduced holdings in 111 stocks, and maintained its position in 98 stocks [1] - Among the stocks with increased holdings, eight stocks saw an increase of over 10 million shares, with Tongwei Co., Ltd. having the largest increase of 32.85 million shares, raising its holding percentage from 0.68% to 1.41% [1][2] Group 2: Performance of Increased Holdings - The companies with significant increases in holdings include Wanda Film, Changshu Bank, and Tianshan Aluminum, all of which reported year-on-year growth in their performance for the first half of the year [1] - Wanda Film reported the highest net profit growth, with total operating revenue of 6.689 billion yuan, a year-on-year increase of 7.57%, and a net profit of 536 million yuan, reflecting a staggering growth of 372.55% [1][2] Group 3: Detailed Stock Data - The following stocks were notably increased by the social security fund: - Tongwei Co., Ltd.: 32.85 million shares, holding percentage 1.41%, net profit -495.5 million yuan, year-on-year change -58.35% [2] - Changshu Bank: 23.80 million shares, holding percentage 8.38%, net profit 1.969 billion yuan, year-on-year change 13.51% [2] - Wanda Film: 14.01 million shares, holding percentage 12.17%, net profit 536 million yuan, year-on-year change 372.55% [2] - Tianshan Aluminum: 12.88 million shares, holding percentage 2.51%, net profit 2.084 billion yuan, year-on-year change 0.51% [2]

Core Viewpoint - The photovoltaic industry continues to face significant losses, with only one out of eight leading companies reporting profitability in the first half of 2025, while the others are struggling with expanding losses [3][4]. Financial Performance - Among the eight leading photovoltaic companies, only Aters maintained profitability, while the others reported losses, with Longi Green Energy and Aiko Solar showing reduced losses of 50% and 80% respectively [3][4]. - Total revenues for the companies showed a decline, with Tongwei Co. reporting 40.51 billion yuan, down 7.51%, and JinkoSolar reporting 31.83 billion yuan, down 32.72% [4]. - The overall net loss for 31 A-share listed photovoltaic companies reached 12.58 billion yuan in Q1 2025, a year-on-year increase of 274.3% [7]. Employee Compensation and Management Costs - Employee compensation across the leading companies has generally decreased, with Tongwei's employee compensation dropping from 2.025 billion yuan to 1.342 billion yuan, leading to a 37.33% reduction in management costs [8][9]. - Key management personnel compensation also saw reductions, with Longi Green Energy's key management remuneration decreasing from 7.03 million yuan to 5.80 million yuan [10][11]. Strategic Shifts and New Growth Areas - Companies are increasingly focusing on energy storage as a new growth area, with Aters reporting a significant increase in its energy storage sales, achieving 3.1 GWh in the first half of 2025, a 19.23% year-on-year increase [13][14]. - Trina Solar is also pivoting towards energy storage, with a notable increase in its second-quarter shipments [14]. Market Dynamics and Future Outlook - The industry is experiencing a shift towards quality, technology, and service competition rather than price wars, as indicated by TCL Zhonghuan's management [15]. - Despite the ongoing challenges, there are signs of price recovery in the supply chain, with recent bidding prices for components showing an upward trend [15].