证券代码：002506 证券简称：协鑫集成 公告编号：2024-089 经与会监事审议，通过了如下决议： 一、会议以 3 票同意、0 票反对、0 票弃权的表决结果，审议通过《2024 年 第三季度报告》。 根据《公司法》《深圳证券交易所股票上市规则》等相关法律法规的规定，我 们作为协鑫集成科技股份有限公司的监事，认真审核了公司提供的《2024 年第三 季度报告》，发表书面审核意见如下：公司董事会编制和审议公司《2024 年第三 季度报告》的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准 确、完整地反映了公司的实际情况，不存在任何虚假记载、误导性陈述或重大遗 漏。 《2024 年第三季度报告》具体内容详见刊载在公司指定信息披露媒体《证券 时 报 》《 中 国 证 券 报 》《 上 海 证 券 报 》《 证 券 日 报 》 及 巨 潮 资 讯 网 （http://www.cninfo.com.cn）上的相关公告。 特此公告。 协鑫集成科技股份有限公司监事会 二〇二四年十月三十日 协鑫集成科技股份有限公司 第六届监事会第三次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥3,877,283,429.65, representing a 1.87% increase year-over-year, while the year-to-date revenue reached ¥11,990,007,475.66, up 27.40% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥38,569,938.49, a 24.71% increase year-over-year, but the year-to-date net profit decreased by 42.51% to ¥81,904,294.45[3]. - The basic earnings per share for Q3 2024 was ¥0.007, reflecting a 40.00% increase year-over-year, while the diluted earnings per share also stood at ¥0.007[3]. - Total operating revenue for Q3 2024 reached CNY 11,990,007,475.66, an increase of 27.5% compared to CNY 9,411,507,815.83 in the same period last year[21]. - Net profit for Q3 2024 was CNY 81,530,011.59, a decrease of 42.6% from CNY 141,927,339.35 in Q3 2023[22]. - The total comprehensive income for Q3 2024 was CNY 80,397,374.87, compared to CNY 140,052,743.50 in Q3 2023, indicating a decline of 42.6%[23]. Assets and Liabilities - The company's total assets as of the end of Q3 2024 were ¥19,853,340,553.72, a 3.89% increase from the end of the previous year[3]. - As of September 30, 2024, the total assets of GCL-Poly Energy Holdings Limited amounted to approximately RMB 19.85 billion, an increase from RMB 19.11 billion at the beginning of the period, reflecting a growth of about 3.88%[17]. - The total liabilities decreased slightly to approximately RMB 11.15 billion from RMB 11.83 billion, indicating a reduction of about 5.77%[18]. - The total liabilities increased to CNY 17,384,924,758.65 in Q3 2024, compared to CNY 16,686,113,187.25 in Q3 2023, marking a growth of 4.2%[22]. - The company's total equity increased to approximately RMB 8.70 billion from RMB 7.27 billion, reflecting a growth of about 19.63%[18]. - The total equity attributable to shareholders of the parent company was CNY 2,468,419,211.66, up from CNY 2,424,247,574.67, representing a growth of 1.8%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥973,224,319.66, showing a 6.31% increase compared to the previous year[3]. - The total cash inflow from operating activities for the current period reached ¥12,924,777,480.34, a significant increase from ¥8,159,265,824.34 in the previous period, representing a growth of approximately 58.5%[25]. - Cash outflow from operating activities totaled ¥11,951,553,160.68, compared to ¥7,243,808,981.72 in the previous period, indicating an increase of about 65.7%[25]. - The net cash flow from operating activities was ¥973,224,319.66, slightly up from ¥915,456,842.62 in the previous period, showing a growth of approximately 6.8%[25]. - The net cash flow from financing activities was negative at -¥457,609,407.80, compared to a positive cash flow of ¥374,489,794.92 in the previous period[26]. Expenses - Research and development expenses increased by 103.96% year-over-year, primarily due to increased investment in battery cell project R&D[9]. - Research and development expenses for Q3 2024 amounted to CNY 268,090,404.07, which is a significant increase of 103.9% compared to CNY 131,441,059.09 in the previous year[21]. - The company reported a total operating cost of ¥8,625,965,701.36 after adjustments, up from ¥8,594,279,200.12 prior to adjustments, reflecting an increase of approximately 0.4%[27]. - Total operating costs for Q3 2024 were CNY 12,113,370,007.95, up from CNY 9,323,060,361.60, reflecting a year-over-year increase of 30.3%[21]. - The company experienced a 59.75% increase in taxes and surcharges compared to the same period last year, attributed to increased business volume[9]. Shareholder Activities - The company repurchased a total of 18,558,395 shares, accounting for 0.3172% of the total share capital, with a total expenditure of approximately RMB 34.99 million[15]. - The controlling shareholder, GCL Group, pledged approximately 466 million shares, representing 100% of its holdings, which is about 7.97% of the total share capital[16].

证券代码：002506 证券简称：协鑫集成 公告编号：2024-087 协鑫集成科技股份有限公司 关于对子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、担保情况概述 协鑫集成科技股份有限公司（以下简称"协鑫集成"或"公司"）于 2024 年 2 月 5 日召开第五届董事会第五十四次会议及 2024 年 2 月 22 日召开 2024 年第二次临 时股东大会，审议通过了《关于 2024 年度新增对全资子公司提供担保的议案》， 同意公司新增对全资子公司协鑫储能科技（苏州）有限公司 15,000 万元的担保额 度，上述担保额度自 2024 年第二次临时股东大会审议通过之日起生效，至 2024 年度股东大会召开之日止失效。 三、被担保方基本情况 （一）被担保方1： 1、公司名称：阜宁协鑫集成科技有限公司 2、公司性质：有限责任公司 3、住所：盐城市阜宁经济开发区香港路888号（A） 公司于 2024 年 4 月 25 日召开了第五届董事会第五十七次会议及 2024 年 5 月 17 日召开 2023 年度股东大会，审议通过了《关于 202 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company, indicating a positive outlook on its future performance [3][31]. Core Insights - The company has experienced significant revenue growth, with a 91.15% year-on-year increase in 2023, reaching 15.968 billion yuan, and a 44.73% increase in the first half of 2024, totaling 8.113 billion yuan [1][3]. - The company has successfully transitioned to profitability since 2022, achieving a net profit of 158 million yuan in 2023, although it faced a 61.15% decline in net profit in the first half of 2024 compared to the previous year [1][3]. - The company is focusing on expanding its N-type battery production capacity and enhancing its energy storage business, which is expected to drive future growth [2][3]. Summary by Sections 1. Focus on Photovoltaic Manufacturing and System Integration - The company aims to become a leading global green energy system integrator, leveraging its long-standing expertise in the renewable energy sector [10]. - The company has a stable shareholding structure backed by the GCL Group, which supports its long-term development [12]. - Revenue growth has been primarily driven by the photovoltaic module business, which has seen a significant increase in output and sales [15]. 2. Deepening Integrated Layout of Photovoltaics and Energy Storage - The company has achieved a total shipment of 16.42 GW of modules in 2023, regaining a position among the top ten in the industry [2][22]. - The company is actively developing a carbon chain management platform using blockchain technology to enhance its low-carbon product offerings [25]. 3. Profit Forecast - The company is projected to achieve revenues of 21.267 billion yuan, 29.588 billion yuan, and 33.852 billion yuan from 2024 to 2026, with year-on-year growth rates of 33.19%, 39.13%, and 14.41% respectively [3][29]. - The net profit is expected to grow to 207 million yuan, 358 million yuan, and 507 million yuan over the same period, reflecting a strong upward trend in profitability [3][31].

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、回购股份的基本情况 协鑫集成科技股份有限公司（以下简称"公司"）于 2024 年 2 月 5 日召开第 五届董事会第五十四次会议，审议通过了《关于回购公司股份方案的议案》，同意 公司使用自有资金回购公司已发行的人民币普通股（A 股）股票。本次以集中竞 价交易方式回购，用于回购的资金总额为不低于人民币 10,000 万元（含）且不超 过人民币 20,000 万元（含），回购价格不超过人民币 3.85 元/股。具体回购股份 的数量以回购结束时实际回购的股份数量为准。回购期限自董事会审议通过回购 股份方案之日起十二个月内。本次回购的股份将用于股权激励、员工持股计划。 具体内容详见刊载在公司指定信息披露媒体《证券时报》《中国证券报》《上海证 券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）上的《关于回购 公司股份方案的公告》（公告编号：2024-013）及《回购股份报告书》（公告编号： 2024-026）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号— ...

关于对子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、担保情况概述 协鑫集成科技股份有限公司（以下简称"协鑫集成"或"公司"）于 2024 年 2 月 5 日召开第五届董事会第五十四次会议及 2024 年 2 月 22 日召开 2024 年第二次临 时股东大会，审议通过了《关于 2024 年度新增对全资子公司提供担保的议案》， 同意公司新增对全资子公司协鑫储能科技（苏州）有限公司 15,000 万元的担保额 度，上述担保额度自 2024 年第二次临时股东大会审议通过之日起生效，至 2024 年度股东大会召开之日止失效。 公司于 2024 年 4 月 25 日召开了第五届董事会第五十七次会议及 2024 年 5 月 17 日召开 2023 年度股东大会，审议通过了《关于 2024 年度公司向融资机构申 请综合授信及为子公司提供担保的议案》，同意在 2024 年度公司及子公司拟向融 资机构申请总额度不超过人民币 110 亿元综合授信额度，同时公司为子公司申请 不超过人民币 88.8 亿元的担保额度，公司子公司为子公司申请不超过人民币 ...

Investment Rating - The report gives a "Cautious Recommendation" rating for the company [5]. Core Views - The company focuses on high-quality enterprises in the photovoltaic storage downstream sector, achieving significant revenue growth but facing profit declines due to price adjustments in component products [3][8]. - The photovoltaic industry is at a bottoming phase, with accelerating N-type iteration and increasing competition leading to price pressures [3][16]. - The company has a clear advantage in N-type large-size capacity and is expected to benefit from the synergistic development of photovoltaic and storage [3][26]. Summary by Sections 1. Focus on High-Quality Enterprises in Photovoltaic Storage Downstream - The company aims to become a leading global green energy system integrator, with a current capacity of 30GW for high-efficiency large-size components and 14GW for TOPCon batteries [8][3]. - In H1 2024, the company ranked among the top eight globally in photovoltaic component shipments [3][8]. 2. Photovoltaic Industry at Bottom Phase, Accelerating N-Type Iteration - The global photovoltaic installation is expected to reach 500GW in 2024, with domestic installations projected at around 250GW [16]. - The N-type battery share is expected to rise significantly, with predictions of reaching 79% in 2024 [22][16]. 3. Clear Advantages in N-Type Large-Size Capacity, Synergistic Development of Photovoltaic and Storage - The company has eliminated outdated capacities and expanded its large-size high-efficiency component production, achieving significant revenue growth in recent years [26][3]. - The company is also advancing its energy storage business, with a target of 2.5GWh annual production capacity set to launch in 2024 [33][30]. 4. Profit Forecast and Investment Recommendations - Revenue forecasts for 2024-2026 are projected at 197.72 billion, 284.87 billion, and 380.27 billion yuan, with corresponding growth rates of 23.8%, 44.1%, and 33.5% [4][34]. - The report anticipates a cautious approach to investment, reflecting the current market conditions and competitive landscape [3][34].

联系电话:010-59219558 - 传真:010-59562637 2024年09月07日 证券研究报告|公司研究|公司点评 | --- | --- | --- | --- | --- | |--------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|------------------------------------------------------------------------------|-----------| | | | | | | | | 协鑫集成 (002506) | | 投资评级 | 买入 | | | 业绩符合预期，产能稳步释放巩固行业地位 | | | 维持评级 | | | ◆ 业绩略有承压, 营收同比显著增长 | | 2024年09月06日 | | | ...

证券研究报告 非金融公司|公司点评|协鑫集成（002506） 组件业务放量，产能结构逐渐优化 请务必阅读报告末页的重要声明 glzqdatemark1 2024年09月08日 证券研究报告 |报告要点 公司电池片及组件产能陆续释放，对营收规模增长形成有力支撑，同时受行业竞争加剧影响， 晶硅产品价格大幅下行，组件盈利阶段性承压。公司通过产能配比优化，注重技术创新和渠道 建设，整体维持稳健运营。公司拟发布定增募集资金总额不超过 48.42 亿元，用于芜湖二期 10GW 电池片项目和补充流动资金，进一步完善公司在 N 型电池领域的产能布局，并与其合肥 组件基地形成协同，有助于增强公司的规模及技术优势，降低产业链一体化生产的综合成本， 提升公司竞争力。维持"增持"评级。 |分析师及联系人 贺朝晖 SAC：S0590521100002 请务必阅读报告末页的重要声明 1 / 5 非金融公司|公司点评 glzqdatemark2 2024年09月08日 协鑫集成(002506) 组件业务放量，产能结构逐渐优化 | --- | --- | |----------------------------|------------- ...

证券代码：002506 证券简称：协鑫集成 公告编号：2024-084 协鑫集成科技股份有限公司 关于回购公司股份的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、回购股份的基本情况 协鑫集成科技股份有限公司（以下简称"公司"）于 2024 年 2 月 5 日召开第 五届董事会第五十四次会议，审议通过了《关于回购公司股份方案的议案》，同意 公司使用自有资金回购公司已发行的人民币普通股（A 股）股票。本次以集中竞 价交易方式回购，用于回购的资金总额为不低于人民币 10,000 万元（含）且不超 过人民币 20,000 万元（含），回购价格不超过人民币 3.85 元/股。具体回购股份 的数量以回购结束时实际回购的股份数量为准。回购期限自董事会审议通过回购 股份方案之日起十二个月内。本次回购的股份将用于股权激励、员工持股计划。 具体内容详见刊载在公司指定信息披露媒体《证券时报》《中国证券报》《上海证 券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）上的《关于回购 公司股份方案的公告》（公告编号：2024-013）及《回 ...