Group 1 - Zijin Mining plans to spin off its subsidiary Zijin Gold International for listing on the Hong Kong Stock Exchange, with a proposed issuance of no more than 15% of the total share capital post-issue [2] - Zijin Gold International, established in 2007, focuses on gold exploration, mining, processing, and sales, with total assets of 39.188 billion yuan, revenue of 21.268 billion yuan, and net profit of 4.458 billion yuan projected for 2024 [2] - Longi Green Energy's CEO Li Zhenguo resigns from his position to focus on R&D and technology management, while continuing as the head of the Central Research Institute [3] Group 2 - Foton Motor and EVE Energy plan to jointly invest 500 million yuan to establish a new energy technology company to expand their new energy heavy truck business [4] - Shandong Shanda Power's IPO registration has been approved, with an expected fundraising of 500 million yuan [6] - Guoen Co. plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its international capital operation platform [7] Group 3 - JA Solar has submitted its H-share issuance application to the China Securities Regulatory Commission, which has been accepted [8] - Yongxi Electronics' convertible bond registration has been approved, aiming to raise up to 1.165 billion yuan for advanced packaging technology and working capital [10] - Longyuan Construction's private placement registration has been approved, with a fundraising target of 1.846 billion yuan [11] Group 4 - Hongsheng Environmental's controlling shareholder was taken into custody by law enforcement, but the company’s operations remain normal [13] - Yiming Pharmaceutical's controlling shareholder is planning a change in control, leading to a temporary suspension of its stock [16] - Dongfang Co. has elected Zhang Xiaofan as the chairman of its seventh board of directors [22]

| | | 董事会 晶澳太阳能科技股份有限公司 关于发行境外上市外资股（H 股）备案申请材料获中国证监会 接收的公告 公司根据相关规定已向中国证券监督管理委员会（以下简称"中国证监会"） 报送了关于公司本次发行并上市的备案申请材料，并于近日获中国证监会接收。 公司本次发行并上市尚需取得香港证券及期货事务监察委员会、香港联交所、 中国证监会等相关政府机关、监管机构、证券交易所的批准、核准或备案，该事 项仍存在不确定性。公司将根据该事项的进展情况依法及时履行信息披露义务， 敬请广大投资者注意投资风险。 特此公告。 晶澳太阳能科技股份有限公司 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。 晶澳太阳能科技股份有限公司（以下简称"公司"）已于 2025 年 4 月 28 日 向香港联合交易所有限公司（以下简称"香港联交所"）递交了发行境外上市外 资股（H 股）股票并在香港联交所主板挂牌上市（以下简称"本次发行并上市"） 的申请。具体内容详见公司于 2025 年 4 月 29 日在巨潮资讯网（www.cninfo.com.cn） 及指定媒体披露的《晶澳太阳能科技股份有限 ...

作者：苏杭 出品：全球财说 5月中旬，市场突然传出硅料企业"减产挺价"的消息，消息指出，业内正计划由硅料行业排名前6的厂商来收购剩余所有硅料产能。 受此影响，5月13日，光伏板块短暂反弹，但次日仍回落。 自2024年四季度以来，几乎每隔一段时间，都会有减产消息传出，减产也几乎成为唯一能利好光伏板块的关键词，产能过剩是笼罩在全产业链头上不散的 乌云。 相关企业2024年也大多不好过，粗略统计，2024年92家A股光伏全产业链上市公司中，亏损的达到36家，收入同比下降为61家。 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！ 近日，光伏组件龙头晶澳科技（002459. SZ）向港交所递交IPO申请，拟于香港主板上市，中信证券、中金公司为联席保荐人。 年内，A股上市企业掀起赴港潮，其中宁德时代、恒瑞医药等发行速度明显较快。或是看中这一点，晶澳科技选择赴港上市募资加码海外产能建设，并降 低资产负债率等。 然而，在产业链各方尚未达成减产保价共识，行业周期尚未见底，晶澳科技自身业绩和股价也处于低谷期之时，究竟是福是祸？ 01 股价大跌 机构持股比例下降 晶澳科技可算得上最"热爱"资本市场的光伏公 ...

证券代码：002459 证券简称：晶澳科技 晶澳太阳能科技股份有限公司投资者关系活动记录表 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活 | □媒体采访 √业绩说明会 | | 动类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （请文字说明其他活动内容） | | 参与单位名称 | 通过网络方式参加公司 2024 年度网上业绩说明会的投资者。 | | 及人员姓名 | | | 时间 | 2025 年 5 月 13 日 | | 地点 | "进门财经"(https://s.comein.cn/vkthyxd9) | | 上市公司接待 | 董事、副总经理 杨爱青 | | 人员姓名 | 财务负责人 李少辉 | | | 董事会秘书 秦世龙 | | | 独立董事 秦晓路 1、公司目前在全球的产能分布情况如何？ | | | 公司生产工厂在国内和海外均有布局，国内主要分布在内蒙古、河北、江苏、安徽、上 | | | 海、浙江和云南，海外生产工厂包括越南北江以及正在筹建的阿曼工厂。截至2024年末公司 | | 投资者关系活 | 组件产能达100GW，硅片与电池产 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7] Core Views - The company reported a revenue of 70.121 billion yuan for 2024, a year-on-year decrease of 14%, with a net profit attributable to shareholders of -4.656 billion yuan. In Q4 2024, revenue was 15.773 billion yuan, down 27% year-on-year, and the net profit was -4.172 billion yuan. For Q1 2025, revenue was 10.672 billion yuan, a 33% year-on-year decline, with a net profit of -1.638 billion yuan [2][5] Summary by Sections Financial Performance - In 2024, the company achieved a battery module shipment of 79.447 GW (including self-use of 1.544 GW), ranking among the top three in the industry, with 49% of shipments going overseas. Revenue from the Americas was 16.4 billion yuan, with a gross margin of 31.43%, contributing significantly to profits. However, gross margins for Asia and Oceania were 8.61%, while domestic and European markets had negative margins of -7.98% and -3.51%, respectively [11] - For Q1 2025, the company shipped 15.65 GW of battery modules (including self-use of 33 MW), with approximately 45% of shipments going overseas. Due to price reductions in the supply chain, profitability was under pressure, resulting in a gross margin of -6.71% [11] - The operating cash flow for 2024 was 3.35 billion yuan, and in Q1 2025, it was 787 million yuan, indicating a continuous inflow. The company has completed the impairment of its perc battery equipment, with total impairment losses of 3.154 billion yuan in 2024 [11] Future Outlook - The company has ample cash reserves, with over 25 billion yuan in cash as of Q1 2025. It has submitted a listing application to the Hong Kong Stock Exchange, which is expected to further enhance liquidity. The quality of the financial statements is solid, and the company is expected to operate with a lighter burden moving forward [11] - The company has diversified its layout in the U.S. market, negotiating potential tariff allocations with clients and developing projects in Oman, which are expected to be completed within the year, gradually becoming a major export channel to the U.S. [11] - Recent adjustments in the company's stock price suggest potential opportunities for bottom-fishing strategies [11]

Group 1 - The core viewpoint of the article is the successful issuance of convertible bonds by JA Solar Technology Co., Ltd., with a total fundraising amount of RMB 8,960,307,700.00 [1][2] - The company has a registered capital of RMB 3,309,670,663.00 and is involved in the production and sale of solar energy products, including solar cells and components [1][3] - The bonds were issued at a face value of RMB 100.00 each, totaling 89,603,077 bonds, and the net amount raised after deducting underwriting fees was RMB 8,933,848,025.97 [1][2] Group 2 - CITIC Securities acted as the sponsor and underwriter for the bond issuance, responsible for ongoing supervision until December 31, 2024 [2] - During the due diligence phase, the sponsor conducted thorough investigations and coordinated with regulatory bodies to ensure compliance with relevant laws and regulations [2] - The company has established a robust information disclosure system and adhered to it during the ongoing supervision period, ensuring transparency in its operations [5] Group 3 - The company has complied with the regulatory requirements regarding the use of raised funds, signing a supervision agreement with the bank and ensuring that the use of funds aligns with disclosed plans [5] - No significant issues arose during the sponsorship period that required intervention from the sponsor [4] - The sponsor will continue to monitor the use of the raised funds even after the supervision period ends, as the funds have not yet been fully utilized [5]

| 证券代码：002459 | 证券简称：晶澳科技 | 公告编号：2025-047 | | --- | --- | --- | | 债券代码：127089 | 债券简称：晶澳转债 | | 晶澳太阳能科技股份有限公司 关于不向下修正"晶澳转债"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。 重要内容提示： 自 2025 年 4 月 17 日至 2025 年 5 月 12 日，晶澳太阳能科技股份有限公 司（以下简称"公司"）股票已有十五个交易日收盘价低于"晶澳转债"当期转 股价格的 85%，已触发"晶澳转债"转股价格向下修正条款。 经公司第六届董事会第三十九次会议审议通过，公司董事会决定本次不 向下修正"晶澳转债"转股价格，同时在未来一个月内（即 2025 年 5 月 13 日至 2025 年 6 月 12 日）如果再次触发"晶澳转债"转股价格向下修正条件，亦不提 出向下修正方案。下一触发转股价格修正条款的期间从 2025 年 6 月 13 日重新起 算，若再次触发"晶澳转债"转股价格向下修正条款，届时公司董事会将再次召 开会议决定是否行使"晶澳转 ...

| 10.内部审计部门是否至少每年向审计委员会提交一 | √ | | --- | --- | | 次内部控制评价报告 | | | 11.从事风险投资、委托理财、套期保值业务等事项是 | √ | | 否建立了完备、合规的内控制度 | | | （三）信息披露 | | 现场检查手段： 中信证券股份有限公司 关于晶澳太阳能科技股份有限公司 2024 年度持续督导定期现场检查报告 保荐人名称：中信证券股份有限公司（以 下简称"中信证券"或"保荐人"） 被保荐公司简称：晶澳科技 保荐代表人姓名：戴顺 联系电话：010-60837212 保荐代表人姓名：李宁 联系电话：010-60836989 现场检查人员姓名：戴顺、孙振翔 现场检查对应期间：2024 年 1 月 1 日-2024 年 12 月 31 日 现场检查时间：2025 年 4 月 11 日、2025 年 4 月 25 日 一、现场检查事项 现场检查意见 （一）公司治理 是 否 不适用 现场检查手段： 查阅了上市公司最新章程、三会议事规则及会议材料，取得上市公司董事、监事、 高级管理人员名单及其变化情况，取得上市公司关联方清单，查阅关于公司控股 股东、实际控制人、 ...

| 保荐人名称：中信证券股份有限公司 | 被保荐公司简称：晶澳科技 | | --- | --- | | 保荐代表人姓名：戴顺 | 联系电话：010-60837212 | | 保荐代表人姓名：李宁 | 联系电话：010-60836989 | 一、保荐工作概述 中信证券股份有限公司 关于晶澳太阳能科技股份有限公司 2024年度保荐工作报告 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2．督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不 | | | 限于防止关联方占用公司资源的制度、募集资金 | 是 | | 管理制度、内控制度、内部审计制度、关联交易 | | | 制度） | | | | 是，根据2024年度晶澳科技内部控制自我评价 | | （2）公司是否有效执行相关规章制度 | 报告、内部控制审计报告，发行人有效执行了 | | | 相关规章制度 | | 3.募集资金监督情况 | | | （1）查询公司募集资 ...

中信证券股份有限公司关于 晶澳太阳能科技股份有限公司 向不特定对象发行可转换公司债券 持续督导保荐总结报告书 保荐人编号：Z20374000 申报时间：2025 年 5 月 | 公司名称 | 晶澳太阳能科技股份有限公司 | | --- | --- | | 证券代码 | 002459 | | 注册资本 | 3,309,670,663.00 | | 注册地址 | 河北省宁晋县新兴路 123 号 | | 办公地址 | 北京市丰台区汽车博物馆东路 号院诺德中心 号楼 1 8 | | 法定代表人 | 靳保芳 | | 经营范围 | 生产、加工单晶硅棒、单晶硅片；生产太阳能电池、组件； | | | 研制、开发太阳能系列产品；销售太阳能电池、组件及相关 | | | 产品与原材料；太阳能光伏并网发电、电量销售；太阳能光 | | | 伏电站的开发、建设、运营、管理、维护；货物及技术进出 | | | 口；从事太阳能电池领域的技术开发、技术转让；厂房租赁； | | | 场地租赁；电气设备租赁（涉及行政许可的，凭许可证经营） | | | **（依法须经批准的项目，经相关部门批准后方可开展经营 | | | 活动） | 一、发行人基本情况 ...