北京市金杜律师事务所 关于晶澳太阳能科技股份有限公司 之法律意见书 致：晶澳太阳能科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受晶澳太阳能科技股份有限公 司（以下简称公司）委托，根据《中华人民共和国证券法》 （以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、 《上市公司股东会规则》 （以 下简称《股东会规则》）等中华人民共和国境内（以下简称中国境内，为本法律 意见书之目的，不包括中国香港特别行政区、中国澳门特别行政区和中国台湾 省）现行有效的法律、行政法规、规章和规范性文件和现行有效的公司章程有 关规定，指派律师出席了公司于 2025 年 6 月 30 日召开的 2024 年度股东大会（以 下简称本次股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 有限公司章程》（以下简称《公司章程》）； 国证监会指定信息披露媒体的《晶澳太阳能科技股份有限公司第六届董 事会第三十七次会议决议公告》 国证监会指定信息披露媒体的《晶澳太阳能科技股份有限公司第六届董 事会第四十次会议决议公告》； 国证监会指定信息披露媒 ...

证券代码：002459 证券简称：晶澳科技 公告编号：2025-055 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 2024 年度股东大会决议公告 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。 重要提示： 1、本次股东大会没有否决议案的情形； 7、本次会议的召开符合《公司法》及相关法律、法规和《公司章程》之规 定。 二、会议出席情况 一、会议召开情况 1、召开时间：2025 年 6 月 30 日 15:00； 2、股权登记日：2025 年 6 月 24 日； 3、会议召开地点：北京市丰台区汽车博物馆东路 1 号院诺德中心 8 号楼 8 层会议室； 4、会议召集人：公司董事会； 5、会议主持人：董事长靳保芳先生； 6、会议召开方式：现场投票与网络投票相结合的表决方式召开； 2、本次股东大会没有涉及变更以往股东大会已通过的决议； 3、本次股东大会采取现场投票与网络投票相结合的表决方式召开。 1 2、公司董事、监事、高级管理人员出席了会议； 1、股东出席的总体情况： 通过现场和网络投票的股东 1,077 人，代表股份 1,751,561 ...

北京市金杜律师事务所 关于晶澳太阳能科技股份有限公司 2024 年度股东大会 之法律意见书 致：晶澳太阳能科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受晶澳太阳能科技股份有限公 司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、《上市公司股东会规则》（以 下简称《股东会规则》）等中华人民共和国境内（以下简称中国境内，为本法律 意见书之目的，不包括中国香港特别行政区、中国澳门特别行政区和中国台湾 省）现行有效的法律、行政法规、规章和规范性文件和现行有效的公司章程有 关规定，指派律师出席了公司于 2025 年 6 月 30 日召开的 2024 年度股东大会（以 下简称本次股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1. 经公司 2024 年第二次临时股东大会审议通过的《晶澳太阳能科技股份 有限公司章程》（以下简称《公司章程》）； 2. 公司于 2025 年 4 月 25 日刊登于巨潮资讯网、深圳证券交易所网站等中 国证监会指定信息披露媒体的《晶 ...

Group 1 - The core viewpoint emphasizes the necessity of ESG (Environmental, Social, and Governance) practices for companies, particularly in the context of the current market challenges, as highlighted by the president of JA Solar [2] - JA Solar has a significant reliance on overseas markets, with 60% of its market share coming from international sales, making ESG practices crucial for capturing these opportunities [2] - In 2024, China's total photovoltaic module exports are projected to reach 235.93 GW, marking a 13% year-on-year increase, with exports exceeding 200 billion yuan for four consecutive years [2] Group 2 - Europe is identified as the largest export market for Chinese photovoltaic modules, accounting for 40% of total exports, with stringent ESG requirements [3] - A customer survey conducted by JA Solar revealed that ESG factors are prioritized over technical standards by many overseas clients, particularly in Europe where 100% of clients have ESG requirements [3] - JA Solar ranks third globally in photovoltaic module shipments in 2024, with a market share of 12.3%, maintaining a position among the top four for ten consecutive years [3] Group 3 - JA Solar has submitted an application for listing on the Hong Kong Stock Exchange, with plans to use the funds for expanding overseas production capacity and enhancing global market promotion [4] - The capital market is increasingly demanding ESG compliance from photovoltaic companies, as meeting these standards is essential for attracting quality capital and ensuring long-term value [4] - JA Solar employs a dual management strategy for ESG, focusing on compliance to meet minimum requirements and enhancing competitiveness to ensure future sustainability [3][4]

Core Viewpoint - The company JinkoSolar (002459.SZ) is facing detailed inquiries from the China Securities Regulatory Commission (CSRC) regarding its Hong Kong listing, focusing on safety production administrative penalties and pending litigation [1][3] Group 1: Regulatory Inquiries - The CSRC requires JinkoSolar to provide detailed explanations of safety production administrative penalties faced by its subsidiaries, including whether the incidents constitute major violations, the status of fines, and corrective measures taken [3] - The company must disclose any other production safety incidents and confirm if they fall under financing restrictions as per the State Council's regulations [3] - In terms of pending litigation, the CSRC demands a comprehensive update on the progress of lawsuits involving the company and its subsidiaries, assessing their potential impact on the Hong Kong listing [3] Group 2: Company Overview - JinkoSolar is a leading player in the photovoltaic industry, involved in the research, production, and sales of solar photovoltaic silicon wafers, cells, modules, and energy storage systems, as well as the development, construction, and operation of solar power plants [3] - According to the prospectus, JinkoSolar ranks third globally in solar module shipments with a market share of 12.3% in 2024, maintaining a position among the top four for ten consecutive years since 2015, with products distributed across 178 countries and regions [3] Group 3: Financial Challenges - In 2024, the company reported a significant loss of 4.656 billion yuan, with a debt-to-asset ratio of 74.74%, the highest among the four major module manufacturers [4] - The company faces challenges due to changes in U.S. tariff policies affecting its operations in Southeast Asia, particularly impacting its factory in Vietnam [4] - A previously invested 1.244 billion yuan project in the U.S. was sold for 1.57 billion yuan in April 2024, indicating financial strain [4]

Company Dynamics - JinkoSolar Technology (002459.SZ) has received inquiries from the China Securities Regulatory Commission (CSRC) regarding its Hong Kong listing process, focusing on safety production-related administrative penalties and pending litigation [2] - The CSRC requires JinkoSolar to provide detailed explanations about the safety production penalties faced by its subsidiaries, including whether these incidents constitute significant violations, the progress of fines paid, and any corrective measures taken [2] - Additionally, the company must disclose any other production safety incidents and whether they fall under restrictions on financing or other disqualifications for listing as per the State Council's regulations [2] Business Overview - JinkoSolar's main business includes the research, production, and sales of solar photovoltaic silicon wafers, cells, modules, and energy storage systems, as well as the development, construction, and operation of solar power plants [3] - In 2024, JinkoSolar is projected to rank third globally in photovoltaic module shipments, with a market share of 12.3%, maintaining a position among the top four for ten consecutive years since 2015 [3] - The company has a global presence, with products covering 178 countries and regions and 16 overseas sales offices established [3] Financial Challenges - The solar industry is highly competitive, and JinkoSolar faces significant challenges, reporting a net loss of 4.656 billion yuan in 2024, with a debt-to-asset ratio of 74.74%, the highest among the four major module manufacturers [3] - The company's interest-bearing debt ratio is close to 36%, indicating a high level of financial leverage [3] - Changes in U.S. tariff policies affecting Southeast Asian countries have impacted its operations in Vietnam, and a previously invested 1.244 billion yuan project in the U.S. was sold for 1.57 billion yuan in April 2024 [3]

Core Viewpoint - The company, JA Solar Technology Co., Ltd., is positioned as a leader in the photovoltaic industry, with significant advancements in technology and production capabilities, while the global solar market is experiencing robust growth driven by policy support and technological improvements [15][16][18]. Industry Overview - The global photovoltaic market saw record installations in 2024, with 599 GW added, marking a 35% year-on-year increase, and cumulative capacity exceeding 2 TW [16][17]. - Major photovoltaic markets include China, the United States, and India, which together account for over 75% of the global market share [17]. - The commitment from over 100 nations at COP28 to triple global renewable energy capacity to at least 11.2 TW by 2030 indicates a strong future for the industry [18]. - Emerging markets in Southeast Asia, Latin America, and the Middle East are witnessing significant increases in PV installations due to rising electricity demand [19]. Company Profile - JA Solar has established a comprehensive industrial chain that includes solar silicon rods, wafers, cells, modules, energy storage systems, and the development of photovoltaic power plants [32][35]. - The company has consistently ranked among the world's top photovoltaic module suppliers, achieving a top-three position in 2024 [33]. - JA Solar has been recognized as a Top Performer module supplier for nine consecutive years, highlighting its commitment to product reliability [34]. Financial Performance - In 2024, the company reported a net profit attributable to shareholders of -4.66 billion yuan, a significant decline from the previous year [12]. - Operating revenue for 2024 was approximately 70.12 billion yuan, down from 81.56 billion yuan in 2023 [12]. - The company experienced a substantial increase in operating costs, which reached approximately 66.98 billion yuan in 2024 [12]. Technological Advancements - JA Solar is focused on enhancing photoelectric conversion efficiency and reducing production costs for next-generation solar cell technologies [34]. - The company utilizes advanced crystal pulling technology to produce high-efficiency monocrystalline silicon wafers, which are integral to its solar cell manufacturing [39]. - The introduction of n-type Bycium+ cell technology has led to increased conversion efficiency and reduced production costs [40].

| 证券代码：002459 | 证券简称：晶澳科技 | 公告编号：2025-054 | | --- | --- | --- | | 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"晶澳转债"预计触发转股价格修正条件的提示性公告 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 6 月 13 日至 2025 年 6 月 26 日，晶澳太阳能科技股份有限公 司（以下简称"公司"）股票已有十个交易日收盘价低于"晶澳转债"当期转股 价格的 85%，若未来二十个交易日内有五个交易日公司股票收盘价格继续低于 当期转股价格的 85%，将可能触发"晶澳转债"的转股价格修正条件。若触发转 股价格修正条件，公司将按照《晶澳太阳能科技股份有限公司向不特定对象发行 可转换公司债券募集说明书》（以下简称《募集说明书》）的约定及时履行审议程 序和信息披露义务。敬请广大投资者注意投资风险。 一、可转换公司债券基本情况 经中国证券监督管理委员会《关于同意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注册的批 ...

JA Solar Technology Co., Ltd. ENGLISH TRANSLATION OF CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 1 JANUARY 2024 TO 31 DECEMBER 2024 IF THERE IS ANY CONFLICT BETWEEN THE CHINESE VERSION AND ITS ENGLISH TRANSLATION, THE CHINESE VERSION WILL PREVAIL KPMG Huazhen LLP 8th Floor, KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing 100738 China Telephone +86 (10) 8508 5000 Fax +86 (10) 8518 5111 Internet kpmg.com/cn 毕马威华振会计师事务所 (特殊普通合伙) 中国北京 东长安街 1 号 东方广场毕马威大楼 8 层 邮政编码:100738 电话 +86 (10) 8508 5000 传真 +86 ( ...

JA SOLAR SUSTAINABILITY AND ESG REPORT 2024 www.jasolar.com JA SOLAR TECHNOLOGY CO., LTD. ABOUT THIS REPORT Reporting Period Reporting Boundary Report Release References Report Principles Reliability Assurance Report Statement Report Access English content, the Chinese version shall prevail. This is an annual report covering the period from January 1, 2024, to December 31, 2024 (hereinafter referred to as the "reporting period"). To improve the integrity of the Report, some data may exceed the above range ( ...