Core Viewpoint - The patent dispute between Aiko Solar (爱旭股份) and Maxeon Solar has been resolved with the signing of a patent licensing agreement, marking the end of a two-year conflict in the BC battery technology sector [1][2]. Group 1: Patent Agreement Details - Aiko Solar will pay a total of RMB 1.65 billion in licensing fees over five years, with the first-year fee set at RMB 250 million [2]. - The agreement includes the withdrawal and termination of all existing patent lawsuits and related invalidation procedures between the two companies [2]. Group 2: Financial Implications - Aiko Solar forecasts a net profit loss of between RMB 1.2 billion to RMB 1.9 billion for the year 2025 [2]. - The company has implemented a patent fee structure of RMB 0.02 per watt, with expectations that if ABC component sales exceed 165 GW over five years, the average cost per watt will be below RMB 0.01 [2]. Group 3: Industry Context - The resolution of the patent dispute is expected to eliminate uncertainties that have previously affected Aiko Solar's overseas customers, potentially accelerating the global market expansion of ABC components [3]. - The solar industry is currently in an adjustment phase, with companies preferring settlements and licensing agreements to mitigate risks and ensure cash flow, rather than engaging in prolonged legal battles [3].

证券日报网讯 2月6日，TCL科技发布公告称，公司下属子公司TCL中环新能源科技股份有限公司（简 称"TCL中环"）控股子公司MaxeonSolarTechnologies，Ltd.（简称"Maxeon"）的全资子公司 MaxeonSolarPte.Ltd.（简称"MSPL"）与上海爱旭新能源股份有限公司（简称"爱旭股份"）于近日签署了 《专利许可协议》（简称"许可协议"），MSPL拟向爱旭股份授权其"背接触"太阳能电池及组件相关的 专利，授权其在全球范围内（美国地区除外）使用，授权期自协议签署之日起五年，许可费用总计人民 币165，000万元，按照协议约定分五年支付。该事项无需公司董事会和股东会审议。 （编辑 任世碧） ...

证券日报网讯2月6日，TCL中环（002129）在互动平台回答投资者提问时表示，公司持续探索光伏硅片 在转化率、衰减度、轻量化、高强度等方面的前沿技术。 ...

高效BC产品需求快速增长成为行业共识，本次交易有助于TCL中环协同产业链伙伴共建BC电池技术生 态，以差异化产品技术、优质知识产权助力行业破除"内卷式"竞争，推动行业健康有序发展；同时也有 助于TCL中环推动适度一体化战略，强化TCL中环在BC电池组件端的市场地位和竞争优势。 格隆汇2月6日丨TCL科技(000100.SZ)公布，公司下属子公司TCL中环新能源科技股份有限公司（简 称"TCL中环"）控股子公司Maxeon SolarTechnologies,Ltd.（简称"Maxeon"）的全资子公司Maxeon Solar Pte. Ltd.（简称"MSPL"）与上海爱旭新能源股份有限公司（简称"爱旭股份"）于近日签署了《专利许可 协议》（简称"许可协议"），MSPL拟向爱旭股份授权其"背接触"太阳能电池及组件相关的专利（简 称"BC专利"），授权其在全球范围内（美国地区除外）使用，授权期自协议签署之日起五年，许可费 用总计人民币16.5亿元，按照协议约定分五年支付。 ...

Core Viewpoint - TCL Zhonghuan announced that its subsidiary Maxeon Solar Technologies, Ltd. has signed a patent licensing agreement with Shanghai Aiko Solar Energy Co., Ltd. for the "back contact" solar cell and module patents, with a total licensing fee of RMB 1.65 billion over five years [1] Group 1 - Maxeon Solar Pte. Ltd. will grant a license for its patents related to "back contact" solar cells and modules to Shanghai Aiko Solar Energy Co., Ltd. [1] - The licensing agreement is effective from the date of signing and will last for five years [1] - The total licensing fee is RMB 1.65 billion, which will be paid in five annual installments [1]

证券代码：002129 证券简称：TCL 中环 公告编号：2026-008 TCL 中环新能源科技股份有限公司 关于子公司签订专利许可协议的自愿性公告 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。 1、公司名称：上海爱旭新能源股份有限公司 2、统一社会信用代码：91310000132269407T 3、注册资本：211,724.9923 万元人民币 4、公司住所：上海市浦东新区秋月路 26 号 4 幢 201-1 室 5、公司性质：其他股份有限公司（上市） 6、法定代表人：陈刚 7、成立时间：1996 年 8 月 12 日 三、许可协议主要内容 一、交易概述 TCL 中环新能源科技股份有限公司（以下简称"公司"或"TCL 中环"）控股子公司 Maxeon Solar Technologies,Ltd.（以下简称"Maxeon"）的全资子公司 Maxeon Solar Pte. Ltd. （以下简称"MSPL"）与上海爱旭新能源股份有限公司（以下简称"爱旭股份"）已于近日 签署了《专利许可协议》（以下简称"许可协议"），MSPL 拟向爱旭股份授权其"背接触" ...

Macro & Industry - China has banned the use of hidden door handles in vehicles, requiring mechanical door handles for all car doors except the tailgate, effective from January 1, 2027 [1] - NAND flash prices are expected to rise by over 40% in Q1 2026 due to reduced consumer-grade production and increased demand from AI servers [1] - The VAT rate for basic telecom services will increase from 6% to 9% starting January 1, 2026, impacting the revenue and profits of major telecom operators [2] Company News - Meituan announced the acquisition of Dingdong Maicai's China business for approximately 7.17 billion USD (about 49.75 billion RMB), enhancing its service offerings [4] - NIO is projected to achieve its first quarterly adjusted operating profit between 700 million RMB and 1.2 billion RMB in Q4 2025, marking a significant milestone in its 11-year history [4] - SpaceX has confirmed the acquisition of xAI, aiming to integrate AI with its existing technologies to create a highly ambitious innovation engine [8]

Core Insights - The silicon wafer prices are under pressure, with significant declines observed in various types of wafers, indicating a weak market demand [1][2] - The overall operating rates in the industry have slightly decreased, reflecting reduced production levels among major companies [1][2] Price Trends - N-type G10L monocrystalline silicon wafers (182*183.75mm/130μm) have an average transaction price of 1.20 yuan per piece, down 4.76% week-on-week [1][3] - N-type G12R monocrystalline silicon wafers (182*210mm/130μm) have an average price of 1.26 yuan per piece, down 4.55% week-on-week [1][3] - N-type G12 monocrystalline silicon wafers (210*210mm/130μm) have an average price of 1.45 yuan per piece, down 4.61% week-on-week [1][3] Market Conditions - The downstream demand remains weak, leading to a significant reduction in silicon wafer procurement [1][2] - The overall industry operating rate has been slightly adjusted, with major companies operating at rates of 50% and 46%, while integrated companies maintain rates between 50%-68% [1][2] Future Outlook - Short-term demand for silicon wafers is expected to remain weak, with a projected monthly production decrease of about 5% due to reduced battery cell production [2] - Post-holiday, as rigid orders from downstream gradually release, the supply-demand relationship for silicon wafers may gradually improve, potentially providing some market support [2]

Group 1 - The A-share photovoltaic sector experienced a sharp decline, with several popular concept stocks dropping approximately 5% as the market shifted from a heated phase to a "cooling period" [1] - The rapid market reversal was primarily driven by two factors: the release of announcements by multiple listed companies clarifying business uncertainties and a statement from the China Photovoltaic Industry Association indicating that space photovoltaic technology is still in the early stages of exploration and verification [1][2] - On February 4, around seven related concept stocks issued announcements regarding abnormal trading fluctuations or risk warnings [2] Group 2 - Guosheng Technology clarified that it does not engage in space photovoltaic business, despite recent stock price fluctuations, and warned investors about market risks [3] - Jinjing Technology reported a projected net loss of approximately 560 million yuan for 2025 and indicated that its TCO glass revenue is currently a small portion of its total income [4] - Shuangliang Energy stated that it has not confirmed any revenue related to commercial space projects and emphasized the uncertainties surrounding the commercialization of space photovoltaic technology [5] Group 3 - Jingsheng Mechanical and JinkoSolar both noted that space photovoltaic technology is still in the initial exploration phase, with significant uncertainties in the industrialization process [6][7] - Tian Tong Co. announced that it does not produce light module products and warned investors about the risks associated with market speculation [8] - The market buzz around space photovoltaic concepts was fueled by rumors of SpaceX's team visiting several Chinese photovoltaic companies, which led to stock price surges [9] Group 4 - The China Photovoltaic Industry Association emphasized the importance of mature and replicable manufacturing capabilities for the successful commercialization of new technologies [10] - The association encouraged Chinese photovoltaic companies to leverage their advantages in manufacturing to seek partnerships with leading global commercial space enterprises [11][12]

Group 1 - The photovoltaic sector experienced a significant decline, with a drop of 6.67%, and space photovoltaic concept stocks also fell by 4.86% [2] - Notable individual stock declines included JunDa Co., Ltd. and JinCheng Co., Ltd., which hit the daily limit down, while Jiejia Weichuang and JingSheng Machinery fell by 12.39% and 9.85%, respectively [2] - Recent speculation arose from Elon Musk's team visiting several Chinese photovoltaic companies, which sparked renewed interest in space photovoltaic collaborations [3][4] Group 2 - Despite the initial excitement, most companies reported no knowledge of any collaboration with Musk's team, with many issuing clarifications stating no agreements or orders were in place [3][4][6] - Companies like JinkoSolar and GaoCe Co., Ltd. confirmed they had not engaged in any space photovoltaic-related business or partnerships [4][6] - The market's reaction to the rumors led to some companies, such as GCL Group, experiencing stock price increases, while others clarified their lack of involvement with Musk's team [6] Group 3 - The global satellite manufacturing and launch industry is rapidly developing, with projections indicating over 100,000 satellites in orbit by 2030, making space photovoltaic a potentially lucrative market [7] - The market for space photovoltaic could reach hundreds of billions by 2030, but significant technological breakthroughs are still required for commercialization [7][8] - Current space photovoltaic technologies are still in the exploratory phase, with no clear path to large-scale implementation, leading to uncertainty in the industry [8][9] Group 4 - A stark contrast exists between the hype surrounding space photovoltaic concepts and the actual financial performance of photovoltaic companies, with many forecasting substantial losses for 2025 [10] - Of the 64 companies that issued earnings forecasts, 39 expect losses, indicating a 61% loss rate within the sector, with major players like Tongwei Co., Ltd. predicting losses of up to 100 billion [10][11] - The overall financial outlook for the photovoltaic industry remains bleak, with only a small percentage of companies expecting profit increases [11]