Group 1: Company Overview - Jiangsu Zhongli Group Co., Ltd. was established in 2009 and is headquartered in Changshu, Jiangsu. The company operates in two main sectors: photovoltaic (PV) and specialty cables [3]. - The PV sector focuses on the research, production, and sales of monocrystalline high-efficiency solar cells and modules, as well as the construction of solar power plants, with a cumulative self-built solar power project exceeding 7 GW globally [3]. Group 2: Production Capacity and Expansion - The company plans to expand its production capacity to 5 GW for both solar cells and modules, with the first phase of the Shandong Tenghui production base already achieving full production [5]. - By the end of 2021, significant increases in production capacity for solar cells and modules are expected due to ongoing new, expanded, and renovated projects [5]. Group 3: Key Products - The Kirin module, launched in 2020, has a maximum power output of 600W and aims to reduce the levelized cost of electricity (LCOE). It features excellent performance in terms of PID resistance, low LID, and LeTID degradation [5]. - The company is set to achieve large-scale production of the 182 Kirin module in 2021, supported by various new and expanded projects [5]. Group 4: Strategic Partnerships - The company has formed strategic partnerships to leverage resources and enhance market presence in both domestic and international PV markets, contributing to national carbon neutrality goals [5][7]. Group 5: Specialty Cables Sector - The specialty cables sector has expanded its production capacity for 5G optical-electrical hybrid cables to over 150,000 kilometers annually, with the production line operational since early 2021 [7]. - The demand for 5G cables is expected to grow rapidly, driven by national strategies and the ongoing pandemic recovery, which will further enhance the overall development of the specialty cables sector [7]. Group 6: Customer Base - The main customers for the PV business include domestic and international solar power plant investors, engineering contractors, and distributors of distributed solar systems [7]. - The specialty cables business serves major telecommunications companies and electric vehicle manufacturers, among others, with a focus on applications in 5G base station construction and energy storage systems [7]. Group 7: Future Development Plans - The company aims to maintain its strategic focus on existing PV and specialty cable businesses while expanding its international market share and solidifying its position in the domestic PV market [8]. - The company plans to leverage its brand advantages in the 5G cable sector to achieve market leadership in various downstream applications, including electric vehicles, data servers, and industrial control equipment [8].

中利集团 证券代码：002309 证券简称：中利集团 江苏中利集团股份有限公司投资者关系活动记录表 编号：2021-015 | --- | --- | --- | --- | --- | --- | --- | |------------|-------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------|-------|-------|--------------------------| | | | | | | | | | | | √特定对象调研 □分析师会议 | | | | | | 投资者关系 | | □媒体采访 □业绩说明会 | | | | | | 活动类别 | □新闻发布会 | □路演活动 | | | | | | 参与单位名 | | □现场参观 ...

证券代码：002309 证券简称：中利集团 中利集团 江苏中利集团股份有限公司投资者关系活动记录表 编号：2021-014 | --- | --- | --- | --- | --- | --- | --- | |-----------------------|----------------------------------------------------------------------------|------------------------------------------------------|-------|-------|-------|----------------------| | | | | | | | | | | √特定对象调研 □分析师会议 | | | | | | | 投资者关系 | □媒体采访 □业绩说明会 | | | | | | | 活动类别 | □新闻发布会 | □路演活动 | | | | | | | □现场参观 □其他 | | | | | | | 参与单位名 称及人员姓 | 上海旗美投资管理公司：陆军 | | | | | | | 名 | | | | | | | ...

证券代码：002309 证券简称：中利集团 中利集团 江苏中利集团股份有限公司投资者关系活动记录表 编号：2021-013 | --- | --- | --- | --- | --- | --- | --- | |-----------------------|-----------------------------------------|---------------------------------------------------------------------------------------|----------------------|-------|-------|--------| | | √特定对象调研 □分析师会议 | | | | | | | 投资者关系 | □媒体采访 □业绩说明会 | | | | | | | 活动类别 | □新闻发布会 | □路演活动 | | | | | | | □现场参观 □其他 | | | | | | | 参与单位名 | | | | | | | | 称及人员姓 名 | 进化论资产：王中胜 | | | | | | | 时间 | 2021 年 11 月 1 ...

证券代码：002309 证券简称：中利集团 中利集团 江苏中利集团股份有限公司投资者关系活动记录表 编号：2021-012 | --- | --- | --- | --- | --- | --- | |-----------------------|-----------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|----------------------|-------|--------| | 投资者关系 \n活动类别 | √特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n□新闻发布会 | □路演活动 | | | | | | □现场参观 □其他 | | | | | | 参与单位名 | 安信证券：毕明涛、陆华新 | | | | | | 称及人员姓 | ...

Group 1: Company Overview - Jiangsu Zhongli Group Co., Ltd. operates in two main sectors: photovoltaic new energy and specialty cables [3] - The company focuses on the research, production, and sales of monocrystalline high-efficiency solar cells and large-size (182mm, 210mm) photovoltaic modules [3] - Zhongli Group has six photovoltaic production bases, including those in Changshu and Peixian, which have commenced operations [3] Group 2: Key Business Strategies for 2022 - The company aims to leverage opportunities in the photovoltaic industry during a technological transition, focusing on expanding its domestic and overseas markets [5] - Plans include optimizing the specialty cable segment through asset transfers or joint ventures to refocus on photovoltaic business [5] - The introduction of strategic investors and potential equity refinancing is intended to enhance financial strength and reduce interest-bearing debt costs [5] Group 3: Photovoltaic Integration and Market Trends - Zhongli Group's subsidiary, Tenghui Photovoltaics, provides integrated solar storage and charging solutions, collaborating with major domestic suppliers [5] - The company anticipates an upward trend in both domestic and international photovoltaic market shares, supported by the commissioning of new production bases [5] - The company has developed three generations of photovoltaic power station models, including innovative approaches to agricultural integration [6][7] Group 4: Production Capacity and Product Offerings - The company has upgraded production lines to manufacture advanced 210mm solar modules while remaining compatible with 182mm and 166mm products [6] - Strategies to absorb new production capacity include developing distributed solar projects and expanding sales in domestic and international markets [6] - The company has constructed solar power stations in over 2,500 impoverished villages, achieving a cumulative capacity of 1.1GW [6]

中利集团 证券代码：002309 证券简称：中利集团 江苏中利集团股份有限公司投资者关系活动记录表 编号：2022-003 | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------|-------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------|-------|-------|-------|--------------------------|-------| | 投资者关系 \n活动类别 | √特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n□新闻发布会 \n□现场参观 □其他 | □路演活动 | | | | | | | 参与单位名 | 中信证券：华鹏 | | | | | | | | 称及人员姓 | 中信资管：许宏图 | ...

江苏中利集团股份有限公司 2022 年第三季度报告 证券代码：002309 证券简称：ST 中利 公告编号：2022-117 江苏中利集团股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.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)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □是 否 1 江苏中利集团股份有限公司 2022 年第三季度报告 一、主要财务数据 □是 否 | | | | | 年初至报 | | --- | --- | --- | --- | --- | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 告期末比 | | | | 增减 | | 上年同期 | | | | | | 增减 | | 营业收入（元） | 2,235,762,490.59 | -29.06% | 6,903,3 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥4.67 billion, a decrease of 4.43% compared to the same period last year[24]. - The net loss attributable to shareholders was approximately ¥131.12 million, representing an improvement of 89.56% compared to a net loss of ¥1.26 billion in the previous year[24]. - The net cash flow from operating activities was approximately -¥5.79 million, showing a significant improvement of 95.53% from -¥129.42 million in the same period last year[24]. - The basic and diluted earnings per share were both -¥0.15, an improvement of 89.58% compared to -¥1.44 in the previous year[24]. - The total assets at the end of the reporting period were approximately ¥12.63 billion, a decrease of 7.93% from the end of the previous year[24]. - The net assets attributable to shareholders decreased by 7.45% to approximately ¥1.63 billion compared to the end of the previous year[24]. - The company's weighted average return on equity improved to -7.71%, up 17.44% from -25.15% in the previous year[24]. - The company's consolidated revenue for the first half of 2022 was 4.668 billion yuan, resulting in a loss of 133 million yuan[40]. - The company achieved a revenue of ¥4,667,611,886.51, a decrease of 4.43% compared to the same period last year[47]. - The company's gross profit margin in the photovoltaic sector was 6.55%, with a year-on-year decrease of 0.98%[48]. - The company reported a total comprehensive loss of CNY 133,183,234.86 for the first half of 2022, compared to a loss of CNY 1,264,739,835.72 in the same period of 2021[190]. Market and Operational Strategies - The company emphasizes the importance of risk awareness regarding its future operational plans and market conditions[3]. - The management highlights ongoing challenges and uncertainties in the market environment that may impact future performance[3]. - The company doubled its component shipment volume compared to the same period last year, driven by strong growth in the photovoltaic industry[41]. - The company is actively expanding its photovoltaic market presence both domestically and internationally amid geopolitical tensions and energy crises in Europe[41]. - The company has implemented a "make-to-order" production model for its photovoltaic cells and components to manage inventory and raw material costs[34][35]. - The company has established strategic partnerships with key raw material suppliers to stabilize procurement and ensure product delivery[34]. - The company is focusing on the development of perovskite battery technology, leveraging its existing research achievements in this area[41]. - The company is in the early stages of construction for its new Huanghua base, which will enhance production capacity[41]. - The company has initiated the production of a 1GW solar cell project in Thailand, which is currently in the ramp-up phase[62]. - The company is facing challenges with raw material price increases, which have affected the expected benefits for the year[62]. - The company is actively seeking to expand its market presence and enhance its production capabilities through strategic investments and project developments[63]. Research and Development - The company holds 19 patents related to HJT (Heterojunction Technology) cells and 27 patents for TOPCon (Tunnel Oxide Passivated Contact) cells[41]. - The company submitted five new patent applications related to TOPCon and HJT cell technologies during the reporting period[41]. - Research and development expenses increased by 30.81% to ¥193,104,942.03, driven by the establishment of a new photovoltaic production base[47]. - The company has applied for 26 invention patents and 19 utility model patents during the reporting period, with 11 invention patents and 73 utility model patents granted[43]. - The company aims to enhance its market position through increased R&D investment and potential market expansion strategies[191]. Financial Management and Investments - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company plans to transfer 100% equity of Guangdong Zhongde and 30% equity of Suzhou Kebo to focus resources on photovoltaic business development[43]. - The company raised a total of RMB 3,106,144,500.00 from a non-public offering of 232,670,000 shares at a price of RMB 13.35 per share, with a net amount of RMB 3,084,821,830.00 after deducting issuance costs[68]. - The company plans to use RMB 106,200.44 million of the raised funds to increase the registered capital of its wholly-owned subsidiary, Suzhou Tenghui Photovoltaic Technology Co., Ltd., from RMB 296,500.654076 million to RMB 402,701.094076 million[69]. - The company has temporarily supplemented working capital with idle raised funds totaling RMB 100,000 million, which has been fully returned to the special account[73]. - The company has committed to invest a total of 30,933 million CNY in the Henan 50MW project, with an actual investment of 27,001 million CNY, achieving 87.29% of the planned investment[75]. - The company has several projects that are not yet completed, indicating potential for future revenue generation[75]. - The company reported a total investment of 308,482 million in various projects, with a completion rate of 100% for the committed investment projects[77]. Legal and Compliance Issues - The company received a warning letter from the Jiangsu Securities Regulatory Bureau due to non-compliance in share freezing and disclosure issues, affecting key personnel[149]. - The company is involved in multiple ongoing lawsuits, including a product quality dispute with Baosheng Technology, with a claimed amount of ¥1,771.09 million[122]. - The company has faced a total of ¥6,375.86 million in claims related to financing lease disputes, which are currently on hold[121]. - The company is actively managing its legal risks and disputes to mitigate potential financial impacts[121]. Environmental and Social Responsibility - The company has implemented three sets of waste gas treatment facilities to comply with environmental regulations[102]. - The company’s waste gas emissions meet the secondary standards of the "Comprehensive Emission Standard of Air Pollutants" (GB16297-1996)[103]. - The company emphasizes the protection of shareholder rights by ensuring transparent communication and timely information disclosure[108]. - Employee welfare is prioritized, with a focus on creating a safe work environment and providing training and development opportunities[108]. - The company actively promotes energy conservation and efficiency improvements as part of its environmental protection strategy[109]. Shareholder and Governance - The company reported a total of 50,000 million in supplementary working capital, achieving a 100% completion rate[77]. - The company has committed to distributing at least 10% of the annual distributable profits in cash for the years 2021-2023, with a cumulative cash distribution of no less than 30% of the average annual distributable profits over the last three years[116]. - The company has not reported any significant changes in project feasibility or expected benefits from the new initiatives[82]. - The company’s management has complied with regulations regarding the release of limited sale condition shares, ensuring transparency in shareholding changes[164]. - The company’s strategy includes maintaining compliance with regulations to protect shareholder interests, particularly for minority shareholders[159].