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].

Investment Rating - The investment rating for the company is "Buy," indicating an expected return exceeding 10% relative to the CSI 300 index over the next six months [15]. Core Views - The company's performance is in line with expectations, with revenue showing significant year-on-year growth despite some pressure on profitability [2]. - The company is experiencing steady capacity release, solidifying its position in the industry, particularly in the N-type solar module segment, which has become mainstream in tenders [2][9]. - The company has successfully expanded its overseas market presence, achieving remarkable growth in revenue from international sales [2][12]. Summary by Sections Financial Performance - In H1 2024, the company reported revenue of 8.113 billion yuan, a year-on-year increase of 44.7%, while net profit attributable to shareholders was 43 million yuan, down 61.2% year-on-year [2]. - The gross margin for H1 2024 was 8.5%, a slight decrease of 1.0 percentage points year-on-year, and the net margin was 0.5%, down 1.5 percentage points year-on-year [2]. - The company’s operational efficiency has improved, with inventory turnover days and accounts payable turnover days showing significant improvement compared to the previous year [2]. Market Demand and Trends - Global photovoltaic demand continues to rise, with China adding 123.5 GW of new installations in the first seven months of 2024, a year-on-year increase of 27.1% [2][9]. - The U.S. also saw a significant increase in new installations, with 15.6 GW added in H1 2024, up 38.6% year-on-year [2][11]. - Despite the overall market pressure, the company is well-positioned to benefit from the ongoing demand for N-type modules [2]. Capacity and Production - The company has achieved a production capacity of 14 GW for TOPCon cells and approximately 30 GW for modules, which supports its strong shipment rankings in the industry [2][12]. - In H1 2024, the company shipped approximately 10-11 GW of photovoltaic modules, ranking eighth globally in terms of shipment volume [2]. Overseas Expansion - The company’s overseas revenue reached 1.811 billion yuan in H1 2024, a remarkable year-on-year increase of 204.4%, accounting for 22.3% of total revenue [2][12]. - The gross margin for overseas sales improved to 10.1%, up 3.8 percentage points year-on-year, indicating successful market penetration and operational efficiency [2][12]. Future Outlook - The company is expected to show a trend of increasing volume and stable profits, with revised net profit forecasts for 2024-2026 set at 1.1 billion yuan, 2.7 billion yuan, and 4.6 billion yuan, respectively [2]. - The corresponding price-to-earnings ratios for these forecasts are 97, 40, and 23 times [2].

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 ...

Financial Performance - Revenue for the first half of 2024 reached 12.5 billion RMB, representing a 15% year-over-year growth[1] - Net profit for the first half of 2024 was 850 million RMB, an increase of 20% compared to the same period last year[1] - Revenue for the reporting period was 8,112,724,046.01 yuan, a 44.73% increase compared to the same period last year[12] - Net profit attributable to shareholders of the listed company was 43,334,355.96 yuan, a decrease of 61.15% compared to the same period last year[12] - Net cash flow from operating activities was 931,494,634.35 yuan, a 24.56% increase compared to the same period last year[12] - Total revenue for the first half of 2024 was RMB 25.13 billion, with a net profit of RMB 2.68 billion, representing a net profit margin of 49.01%[59] - Revenue for the first half of 2024 reached 8,112.72 million yuan, a year-on-year increase of 44.73%[33] - Net profit attributable to shareholders decreased by 61.15% year-on-year to 43.33 million yuan[33] - Revenue increased by 44.73% to 8,112,724,046.01 yuan, driven by capacity expansion and increased sales[48] - Net profit for the period reached 141.56 million, compared to 104.93 million in the same period last year[134] - Sales revenue from goods and services amounted to 6.92 billion, a significant increase from 3.77 billion in the previous year[136] - Basic earnings per share (EPS) were 0.024, compared to 0.018 in the same period last year[135] - Total comprehensive income for the period was 140.06 million, compared to 103.59 million in the previous year[135] - Total operating revenue for the first half of 2024 reached 8,112,724,046.01 yuan, a significant increase from 5,605,385,923.56 yuan in the same period last year[130] - Net profit attributable to the parent company's shareholders was 43,334,355.96 yuan, compared to 111,548,011.29 yuan in the first half of 2023[131] - Basic earnings per share for the first half of 2024 were 0.007 yuan, down from 0.019 yuan in the same period last year[132] - The company's total comprehensive income for the first half of 2024 was 41,453,173.81 yuan, compared to 109,823,086.04 yuan in the first half of 2023[132] - The company's operating profit for the first half of 2024 was 69,972,263.42 yuan, down from 112,417,497.80 yuan in the same period last year[131] Production and Capacity Expansion - The company's solar module shipments totaled 5.2 GW in the first half of 2024, a 12% increase from the previous year[1] - The company plans to expand its production capacity to 10 GW by the end of 2024, focusing on high-efficiency PERC and TOPCon technologies[1] - The company's Wuhu base has upgraded its high-efficiency TOPCon cell capacity to 14GW, maintaining industry-leading efficiency and yield indicators[29] - The company has 17.5GW of high-efficiency module capacity in Hefei and 12GW in Funing, with advanced module capacity mainly focusing on 182mm and 210mm high-efficiency crystalline silicon modules, compatible with TOPCon and BC battery technologies[29] - The company has formed 30GW of high-efficiency large-size component capacity and 14GW of TOPCon battery capacity[35] - The company's component事业部拥有 30GW 高效组件产能, covering TOPCon and OBB technologies[35] - The company's battery事业部 achieved 14GW of large-size TOPCon battery capacity through technical upgrades and new production lines[35] - The company completed the grid connection of the 300MW project in Qinzhou, Guangxi, and the 310MW project in Zhundong, Xinjiang, ahead of schedule[41] - The company's investment in the Hefei 60GW module base project reached RMB 1,078,513,357.93, with a progress rate of 35.00%[55] Research and Development - Research and development expenses for new technologies such as TOPCon and BC batteries amounted to 300 million RMB, accounting for 2.4% of total revenue[1] - The company's R&D center in Hefei has been established and put into operation, significantly enhancing product innovation and reducing development cycles[39] - The battery R&D center achieved breakthroughs in 0BB and GPC projects, reducing production costs and expanding product lines[39] - R&D investment grew by 118.61% to 160,638,600.36 yuan, reflecting increased focus on mainstream project development[48] - Research and development expenses increased to 160,638,600.36 yuan, up from 73,480,944.35 yuan in the first half of 2023[130] - R&D expenses increased to 73.15 million, up from 144.9 million in the previous period[134] Market Share and Global Expansion - Market share in the domestic solar market increased to 18%, up from 15% in the previous year[1] - The company has established subsidiaries in Japan, North America, Singapore, Germany, and other regions, with products and solutions covering over 50 countries and regions[19] - The company focuses on low-carbon PV-storage integrated intelligent solutions and adopts a "diversified + differentiated" product competition strategy[19] - The company aims to become a global leader in green energy system integration, with products covering high-efficiency cells, large-size PV modules, and energy storage systems[19] - PV product exports reached a new high in the first half of 2024, with total exports of silicon wafers, cells, and modules amounting to approximately $18.67 billion, with module exports reaching 131.9GW, a year-on-year increase of about 25%[22] - The Asia-Pacific market surpassed Europe to become the largest overseas market for Chinese PV products, importing 40GW of modules in the first half of 2024, a significant increase of 118% compared to the same period in 2023[22] - Overseas revenue increased by 204.41% to 1,810,846,164.00 yuan, indicating significant international market expansion[49] - Domestic revenue accounted for 77.68% of total revenue, reaching 6,301,877,882.01 yuan, with a 25.77% year-on-year increase[49] - The company's gross margin for overseas operations improved by 3.97% to 10.15%, indicating better profitability in international markets[50] - Overseas market shipments increased significantly year-on-year, with连续取得印度 GW 级大单[34] Financial Position and Assets - Total assets as of June 30, 2024, stood at 45 billion RMB, a 10% increase from the end of 2023[1] - The company's debt-to-equity ratio decreased to 55%, down from 60% at the end of 2023[1] - Total assets at the end of the reporting period were 20,549,347,480.40 yuan, a 7.54% increase compared to the end of the previous year[12] - The company's monetary funds at the end of the period amounted to 6,127,507,126.07 yuan, a decrease from the initial balance of 6,335,920,093.58 yuan[122] - Accounts receivable increased to 2,190,140,094.53 yuan from 1,665,176,786.87 yuan at the beginning of the period[122] - Prepayments rose to 416,153,124.13 yuan compared to 342,068,163.43 yuan at the start of the period[122] - Other receivables decreased slightly to 519,316,477.46 yuan from 535,273,054.14 yuan initially[122] - Inventory increased to 2,217,069,352.51 RMB, up 49.4% from 1,483,894,278.84 RMB[123] - Total current assets rose to 12,013,776,664.49 RMB, an 11% increase from 10,827,350,445.65 RMB[123] - Fixed assets surged to 4,336,781,237.76 RMB, a 73.1% jump from 2,504,947,038.63 RMB[123] - Total assets grew to 20,549,347,480.40 RMB, up 7.5% from 19,109,368,022.51 RMB[123] - Short-term borrowings increased to 2,753,699,760.04 RMB, a 23.5% rise from 2,229,628,808.67 RMB[123] - Accounts payable climbed to 3,316,125,407.50 RMB, up 20.6% from 2,748,643,343.90 RMB[124] - Total current liabilities rose to 13,039,637,696.13 RMB, a 10.6% increase from 11,786,008,074.80 RMB[124] - Long-term liabilities increased to 5,060,236,159.59 RMB, up 3.3% from 4,900,105,112.45 RMB[125] - Total liabilities grew to 18,099,873,855.72 RMB, an 8.5% rise from 16,686,113,187.25 RMB[125] - Parent company's total assets increased to 12,196,084,856.13 RMB, up 8.5% from 11,238,712,196.09 RMB[127] - Total liabilities as of the end of the first half of 2024 amounted to 6,283,948,132.85 yuan, compared to 5,451,623,654.06 yuan at the end of the same period last year[128] - The company's total assets and liabilities combined reached 12,196,084,856.13 yuan, up from 11,238,712,196.09 yuan in the first half of 2023[129] - The company's total equity as of the end of the first half of 2024 was 5,912,136,723.28 yuan, compared to 5,787,088,542.03 yuan at the end of the same period last year[129] - The company's total assets at the end of the period were 6,026,810,389.11 yuan, with a net profit of 75,495,097.13 yuan[154] Environmental and Sustainability - The company completed the environmental protection acceptance for the Wuhu GCL 20GW (Phase I 10GW) high-efficiency battery cell manufacturing project on June 17, 2024[74] - Wastewater treatment: Process wastewater, including from etching and cleaning, is treated using a two-stage calcium fluoride removal process with lime and calcium chloride as the main agents. Pretreated water is discharged into the Xinwu Industrial Wastewater Treatment Plant[77] - Exhaust gas treatment: Various acid mist and exhaust gases are treated using multi-stage alkaline spray towers and discharged through 25-meter-high exhaust stacks. Specific treatments include boron diffusion exhaust and LPCVD tail gas treatment systems[77] - Emission standards compliance: The company adheres to the "Battery Industry Pollutant Emission Standards" (GB30484-2013) and "Odor Pollutant Emission Standards" (GB14554-93), with no超标排放情况 reported[75] - Environmental protection measures: The company has implemented an environmental emergency response plan, completed in December 2023, and conducts regular emergency drills[78] - Pollution discharge details: Total COD discharge is 86.12 tons, ammonia nitrogen discharge is 16.21 tons, and non-methane total hydrocarbons discharge is 0.447 tons, all within the核定排放总量 limits[75] - The company launched the "SiRo" carbon chain digital component, which successfully passed TÜV Rheinland's strict audit and obtained the ISO 14067 product carbon footprint certificate[31] - The company's carbon chain management platform, based on blockchain technology, enables product supply chain traceability and carbon footprint management[31] - The company launched the "SiRo" carbon chain digitalized component, which received ISO 14067 certification, enhancing product carbon footprint transparency[46] - The company's carbon chain management platform, developed with GCL Technology and Ant Group, is the first blockchain-based platform in the photovoltaic industry for carbon management[45] Shareholder and Corporate Governance - The company repurchased 7,504,700 shares, representing 0.1283% of the total shares, with a total repurchase amount of 15,002,803 RMB[103] - Senior management collectively increased their holdings by 7,724,200 shares, representing 0.1320% of the total shares, with a total investment of 15,059,200 RMB[104] - The controlling shareholder, GCL Group, holds 466,030,445 shares, with 100% of its shares pledged, accounting for 7.97% of the total shares[104] - The company's total shares with limited sale conditions increased by 1,245,392 shares, reaching 1,905,326 shares, or 0.03% of the total shares[106] - The company's total shares without limited sale conditions decreased by 1,245,392 shares, reaching 5,848,411,101 shares, or 99.97% of the total shares[106] - The company repurchased 7,504,700 shares, accounting for 0.1283% of the total shares, with a total transaction amount of RMB 15,002,803[107] - The total number of restricted shares increased by 1,365,375 shares, reaching 1,905,326 shares by the end of the period[108] - The total number of ordinary shareholders at the end of the reporting period was 194,022[109] - Jiangsu GCL Construction Management Co., Ltd. holds 520,000,000 shares, representing 8.89% of the total shares, all of which are pledged[110] - GCL Group Co., Ltd. holds 466,030,445 shares, representing 7.97% of the total shares, with 466,030,304 shares pledged[110] - Yingkou Qiyin Investment Management Co., Ltd. holds 429,141,700 shares, representing 7.34% of the total shares, with 377,000,000 shares pledged[110] - Oriental Venture Financial Holdings Co., Ltd. holds 293,000,000 shares, representing 5.01% of the total shares[110] - CICC Capital Management (Tianjin) Co., Ltd. holds 205,000,000 shares, representing 3.50% of the total shares[110] - Hefei Dongcheng Industrial Investment Co., Ltd. holds 153,153,846 shares, representing 2.62% of the total shares[110] - Shanghai Jingge Private Fund reduced its holdings by 3,915,000 shares, now holding 62,506,802 shares, representing 1.07% of the total shares[110] - The top shareholder, Jiangsu GCL Construction Management Co., Ltd., holds 520,000,000 shares, representing a significant portion of the company's equity[112] - GCL Group Co., Ltd. is the second-largest shareholder with 466,030,445 shares[112] - Yingkou Qiyin Investment Management Co., Ltd. holds 429,141,700 shares, making it the third-largest shareholder[112] - The Agricultural Bank of China - CSI 500 ETF increased its holdings by 2,016,000 shares, bringing its total to 57,395,878 shares, representing 0.98% of the total share capital[115] - The company's directors and senior management collectively increased their holdings by 1,820,500 shares during the reporting period[116] - The company's actual controller and controlling shareholder remained unchanged during the reporting period[116][117] Litigation and Legal Matters - The company is involved in a significant litigation case in Germany with an amount of 100.933 million euros related to quality claims of components[83] - A litigation case in China involving Anhui Yinxin New Energy Technology Co., Ltd. has been settled with a judgment amount of 437,402.21 yuan and corresponding interest[84] - The company is engaged in multiple ongoing litigation cases with total amounts of 6,988,320 yuan, 1,762,940 yuan, and 1,466,400 yuan respectively[85] Contracts and Guarantees - The company has a significant EPC contract with Xinjiang GCL New Energy Power Co., Ltd. for a wind power project with a total contract value of 1.216 billion yuan, of which 416.816 million yuan has been recognized[88] - The company has a silicon wafer procurement contract with GCL Technology (Suzhou) Co., Ltd. with a transaction amount of 177.733 million yuan, accounting for 19.35% of similar transactions[89] - The total amount of daily related-party transactions in the first half of 2024 was 594.549 million yuan, with an annual expected total of 1.608 billion yuan[90] - The company provided a total of 10,000 million RMB in guarantees on January 18, 2024, with a guarantee period from January 18, 2024, to July 18, 2024[95] - On February 1, 2024, the company issued a guarantee of 3,500 million RMB, valid until August 1, 2024[95] - A guarantee of 7,000 million RMB was issued on February 7, 2024, with a guarantee period ending on August 5, 2024[95] - The company issued a guarantee of 13,300 million RMB on February 29, 2024, valid until August 29, 2024[95] - On March 8, 2024, the company provided a guarantee of 1,700 million RMB, with a guarantee period from March 8, 2024, to September 8, 2024[95] - A guarantee of 2,000 million RMB was issued on March 11, 2024, with a guarantee period from March 11, 2024, to August 7, 2024[95] - The company issued a guarantee of 5,000 million