| 海南钧达新能源科技股份有限公司章程草案（H | 股发行并上市后适用）修订对照表 | | --- | --- | | 修订前 | 修订后 | | 第一条 为维护海南钧达新能源科技股份有 | 第一条 为维护海南钧达新能源科技股份有 | | 限公司（以下简称"公司"）、股东和债权人 | 限公司（以下简称"公司"）、股东、职工和 | | 的合法权益，规范公司的组织和行为，根据 | 债权人的合法权益，规范公司的组织和行 | | 《中华人民共和国公司法》（以下简称"《公 | 为，根据《中华人民共和国公司法》（以下 | | 司法》"）、《中华人民共和国证券法》（以 | 简称"《公司法》"）、《中华人民共和国证 | | 下简称"《证券法》"）、《境内企业境外发 | 券法》（以下简称"《证券法》"）、《境内 | | 行证券和上市管理试行办法》（以下简称 | 企业境外发行证券和上市管理试行办法》 | | "《管理试行办法》"）、《上市公司章程指 | （以下简称"《管理试行办法》"）、《上市 | | 引》、《深圳证券交易所股票上市规则》 | 公司章程指引》、《深圳证券交易所股票上 | | 《香港联合交易所有限公司证券上市规则》 ...

Financial Performance - The company's operating revenue for the reporting period was ¥6,373,960,218.73, a decrease of 32.35% compared to the same period last year[10]. - The net profit attributable to shareholders was -¥166,335,915.35, representing a decline of 117.41% year-over-year[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥390,293,917.79, a decrease of 141.83% compared to the previous year[10]. - The net cash flow from operating activities was ¥550,297,610.08, an increase of 322.96% compared to the same period last year[10]. - The total assets at the end of the reporting period were ¥15,869,797,695.88, down 13.68% from the end of the previous year[10]. - The net assets attributable to shareholders at the end of the reporting period were ¥4,277,770,041.92, a decrease of 9.16% compared to the previous year[10]. - The total revenue for the first half of 2024 was approximately ¥6.37 billion, a decrease of 32.35% compared to ¥9.42 billion in the same period last year, primarily due to a decline in industry chain prices[29]. - The net cash flow from operating activities improved by 322.96%, reaching approximately ¥550.30 million, mainly due to an increase in cash received from sales[30]. - The company reported a net loss of approximately ¥15.68 million from its subsidiary Jietai Technology, which had total assets of approximately ¥10.66 billion[42]. - The company reported a net loss of ¥242,212,249.32 for the first half of 2024, contrasting sharply with a profit of ¥1,148,515,787.64 in the same period of 2023[119]. Market and Industry Trends - In the first half of 2024, China's newly installed photovoltaic capacity reached 102.48GW, a year-on-year increase of 31%[18]. - The cumulative export scale of photovoltaic module products from China from January to July 2024 reached 150.71GW, up 33.8% year-on-year[18]. - The cumulative export scale of battery products from China during the same period was 35.73GW, reflecting a year-on-year growth of 52.3%[18]. - The global GW-level photovoltaic market is expected to grow from 39 markets in 2024 to 53 markets in 2025, indicating a strong long-term development outlook for the industry[18]. - The company is focused on the development of new technologies and products in the renewable energy sector[1]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and strategies[1]. - The report includes a section discussing the main risks the company may face in its future operations[1]. - The company faces risks from market competition, with plans to enhance R&D investment and maintain cost leadership to improve product competitiveness[44]. - The company is exposed to product price volatility risks and aims to optimize production processes to mitigate potential adverse impacts on operating performance[45]. - The company is addressing raw material price fluctuation risks by improving supply chain management and inventory control[46]. Corporate Governance and Compliance - The company has established a modern corporate governance structure, ensuring the protection of shareholder rights through a clear division of responsibilities among the shareholders' meeting, board of directors, and supervisory board[62]. - The company has established various channels for investor communication to enhance operational transparency and protect shareholder rights[62]. - The company has a three-year shareholder return plan to balance immediate investment returns with long-term growth[62]. - The company has committed to avoiding and minimizing related party transactions with its subsidiaries, ensuring fairness and compliance with legal regulations[69]. - The company guarantees the independence of the listed company in terms of personnel, assets, finance, and operations, following relevant laws and regulations[69]. Environmental, Social, and Governance (ESG) Initiatives - The company’s ESG rating from Wind is A, placing it in the top 10% of the industry, reflecting its commitment to sustainable development goals[29]. - The company strictly adheres to environmental protection laws and industry standards, including the Water Pollution Prevention Law and Air Pollution Prevention Law, ensuring compliance in pollutant management[58]. - The company has established wastewater treatment facilities at all production bases to ensure compliance with wastewater discharge standards[58]. - The company aims to reduce greenhouse gas emissions intensity by 40% and increase renewable electricity usage by 40% by 2030[61]. - The company has implemented online monitoring facilities for pollutant emissions to ensure real-time monitoring and compliance with discharge standards[60]. Shareholder and Stock Option Plans - The company reported a plan not to distribute cash dividends or issue bonus shares for the current fiscal year[1]. - The 2021 stock option incentive plan saw a reduction in the number of participants from 84 to 81, with 217.9464 million stock options remaining unexercised[52]. - The exercise price for the 2021 stock option plan was adjusted from 28.47 CNY to 27.724 CNY per share[52]. - The company granted 840,000 stock options at a price of 60.23 CNY per share to 110 participants under the 2023 second stock option incentive plan[55]. - The company did not implement any employee stock ownership plans during the reporting period[55]. Financial Reporting and Accounting Practices - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the CEO and accounting head[1]. - The company prepares financial statements based on the going concern assumption and adheres to the relevant accounting standards issued by the Ministry of Finance[142]. - The company’s financial statements comply with accounting standards, accurately reflecting its financial position, operating results, and cash flows[145]. - The accounting period for the company runs from January 1 to December 31 each year[146]. - The company uses RMB as its functional currency for domestic subsidiaries, while foreign subsidiaries use USD based on their primary economic environment[148]. Investment and Capital Structure - The company plans to issue H shares and has submitted the listing application to the Hong Kong Stock Exchange[100]. - The company completed the repurchase plan within the set timeframe, adhering to the disclosed repurchase scheme and relevant regulations[102]. - The company reported a total current assets of CNY 4,918,319,024.55 as of June 30, 2024, down from CNY 7,000,369,981.80 at the beginning of the period, indicating a decrease of approximately 29%[110]. - The company has not issued any preferred shares or bonds during the reporting period, indicating a focus on equity financing[108]. - The company reported a significant increase in user data, with a total of 1,626,970,746.77 users at the end of the period[134].

海南钧达新能源科技股份有限公司 董事会议事规则 第一条 为了进一步规范海南钧达新能源科技股份有限公司（下称"本公司" 或"公司"）董事会的议事方式和决策程序，促使董事和董事会有效地履行其职 责，提高董事会规范运作和科学决策水平，根据《中华人民共和国公司法》（下 称"《公司法》"）等相关法律法规和《海南钧达新能源科技股份有限公司章程》 （下称"《公司章程》"），制定本规则。 第二条 董事会下设董事会办公室，处理董事会日常事务。公司证券部承担 董事会办公室的职责，组织和管理董事会办公室工作。 董事会秘书兼任董事会办公室负责人，保管董事会印章。 第三条 董事会会议分为定期会议和临时会议。 董事会每年应当至少召开两次定期会议。 第四条 在发出召开董事会定期会议的通知前，董事会办公室应当充分征求 各董事的意见，董事长、被征求意见的董事、总经理和其他高级管理人员对内幕 信息应当严格履行保密义务。 第五条 有下列情形之一的，董事会应当召开临时会议： 第六条 按照前条规定提议召开董事会临时会议的，应当通过董事会办公室 或者直接向董事长提交经提议人签字（盖章）的书面提议。书面提议中应当载明 下列事项： （一）提议人的姓名或者名 ...

海南钧达新能源科技股份有限公司 章程（草案） （H 股发行并上市后适用） 二零二四年八月 | 第一章 | 总则 | 1 | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 2 | | 第三章 | 股份 | 2 | | | 第一节 股份发行 | 2 | | 第二节 | 股份增减和回购 4 | | | 第三节 | 股份转让 5 | | | 第四章 | 股东和股东会 | 7 | | 第一节 | 股 东 | 7 | | 第二节 | 股东会的一般规定 9 | | | | 第三节 股东会的召集 | 11 | | 第四节 | 股东会的提案与通知 13 | | | 第五节 | 股东会的召开 15 | | | | 第六节 股东会的表决和决议 | 18 | | 第五章 | 董事会 | 23 | | 第一节 | 董事 23 | | | 第二节 | 董事会 26 | | | 第六章 | 总经理及其他高级管理人员 | 31 | | 第七章 | 监事会 | 33 | | 第一节 | 监事 33 | | | | 第二节 监事会 | 34 | | 第八章 | 财务会计制度、利润分配和审计 | 35 | | 第一节 ...

证券代码：002865 证券简称：钧达股份 公告编号：2024-097 海南钧达新能源科技股份有限公司 第四届监事会第四十六次会议决议公告 本公司及监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。 一、监事会会议召开情况 海南钧达新能源科技股份有限公司（以下简称"公司"）第四届监事会第四 十六次会议于 2024 年 8 月 28 日以通讯表决方式召开。公司于 2024 年 8 月 18 日 以专人送达及电子邮件方式向公司全体监事发出了会议通知。公司监事共 3 人， 参加本次会议监事 3 人，本次会议由监事会主席刘忍妹女士召集及主持。本次会 议的召集、召开程序符合《公司法》《公司章程》及《监事会议事规则》的有关 规定。 二、监事会会议审议情况 全体与会监事经认真审议和表决，形成以下决议： （一）审议通过《2024 年半年度报告及摘要》 经审核，监事会认为：公司《2024 年半年度报告及摘要》的编制程序符合法 律、行政法规、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、误导性陈述或者重大遗漏。 公司监事会根据 2024 年 7 月 ...

海南钧达新能源科技股份有限公司 《公司章程》及相关议事规则修订对照表 | 海南钧达新能源科技股份有限公司章程修订对照表 | | | --- | --- | | 修订前 | 修订后 | | 第一条 为维护海南钧达新能源科技股份有限 | 第一条 为维护海南钧达新能源科技股份有限 | | 公司（以下简称"公司"）、股东和债权人 | 公司（以下简称"公司"）、股东、职工和 | | 的合法权益，规范公司的组织和行为，根据 | 债权人的合法权益，规范公司的组织和行 | | 《中华人民共和国公司法》（以下简称 | 为，根据《中华人民共和国公司法》（以下 | | "《公司法》"）、《中华人民共和国证券 | 简称"《公司法》"）、《中华人民共和国 | | 法》（以下简称"《证券法》"）和其他有 | 证券法》（以下简称"《证券法》"）和其 | | 关规定，制订本章程。。 | 他有关规定，制订本章程。 | | 第六条 公司注册资本为人民币 22,657.707 万 | 第六条 公司注册资本为人民币 22,855.6116 | | 万元。 | | | 第八条 董事长为公司的法定代表人。 | 第八条 董事长为公司的法定代表人，董事长 ...

Investment Rating - The report assigns a "Buy" rating to JunDa Co., Ltd. with a target price of 53.25 CNY for the next six months [1][3][9]. Core Insights - The company is positioned to benefit from the ongoing transition in the photovoltaic industry, particularly through its advanced TOPCon technology, which is expected to lead to significant performance improvements and market share gains [2][7][31]. - JunDa's overseas revenue share has rapidly increased from 4.7% in 2023 to 11.6% in Q1 2024, indicating a successful expansion into high-margin international markets [2][4][41]. - The company is set to establish a 5GW production capacity in Oman, expected to commence operations in 2025, which will allow it to enter the lucrative U.S. market at a lower cost [1][4][87]. Summary by Sections 1. Company Overview - JunDa Co., Ltd. transitioned from automotive parts manufacturing to photovoltaic cell production after acquiring Jietai Technology in 2021, establishing itself as a leader in N-type battery production [15][23]. 2. Market Dynamics - The photovoltaic industry is experiencing a supply-demand mismatch, leading to increased consolidation among smaller players. The report anticipates a supply turning point in the battery segment by late 2024 to early 2025 [1][2][38]. - The TOPCon technology has become mainstream, with its market penetration expected to rise significantly, potentially reaching 70% by 2025 [28][31]. 3. Technological Advancements - TOPCon technology offers various efficiency enhancement routes, with theoretical efficiency reaching up to 28.7%. The report highlights ongoing innovations that could further improve performance and reduce costs [31][46][56]. - JunDa has successfully launched its "MoNo" series of products, achieving conversion efficiencies exceeding 26%, positioning itself at the forefront of technological advancements in the industry [25][60]. 4. Financial Performance - The company reported a significant increase in revenue, with a projected compound annual growth rate (CAGR) of 25.7% for net profit from 2024 to 2026. The report estimates net profits of 1.3 billion CNY in 2024, 8.1 billion CNY in 2025, and 16.2 billion CNY in 2026 [5][101]. - JunDa's gross margin is expected to improve as the company scales its operations and benefits from cost reductions in non-silicon materials [5][94]. 5. International Expansion - The company is actively pursuing international markets, with a focus on establishing a strong presence in regions like the U.S. and the Middle East, where demand for solar products is expected to grow significantly [4][65][87]. - JunDa's strategy includes forming local sales teams and partnerships to enhance its competitive edge in overseas markets [2][87]. 6. Valuation - The report suggests a relative valuation approach, comparing JunDa to peers in the photovoltaic sector, with a target price based on a 15x earnings multiple for 2025 [9][105].

海南钧达新能源科技股份有限公司 关于公司持股 5%以上股东部分股份解除质押及质押的公告 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。 海南钧达新能源科技股份有限公司（以下简称"公司"）于近日收到持股 5% 以上股东上饶经济技术开发区产业发展投资有限公司（以下简称"上饶产投"） 通知，获悉上饶产投将其质押给中信证券股份有限公司的 1,607,790 股公司股份 办理了解除质押。同时，上饶产投将其持有的公司 1,607,790 股公司股份质押给 中信证券股份有限公司。具体情况如下： 二、股份质押情况 | 产 | 饶 | 上 | | | | 称 | 名 | 东 | 股 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 否 | | 人 | 行动 | 一致 | 东及 | 大股 | 第一 | 东或 | 股股 | 为控 | 是否 | | | 1,607,790 | | | | | | （股） | 质押股数 | | | | | | | 7.2 ...

证券简称：钧达股份 证券代码：002865 海南钧达新能源科技股份有限公司 投资者关系活动记录表 编号：2024-005 投资者关系活动类别 □ 特定对象调研 □ 分析师会议 □ 媒体采访 □ 业绩说明会 □ 新闻发布会 □ 路演活动 □ 现场参观 √其他 电话会议 | --- | --- | |------------------------|-------------------------------------------------------------| | 参与单位名称及人员姓名 | 摩根资产管理 Vivian Tao、Point72 资产管理 Sean Xiang、Sunny | | | Huang、太盟投资 Wei Wei、安联资产管理 Thomas Zhu、晨曦投 | | | 资 Junlu Mao、城堡投资 Shiping Chen、宏利资产管理 Wenlin Li | | | 东亚联丰投资 Elton Cheung、磊亚投资 Simon Sun、东方资本 | | | Hao Zhang、平安资产管理 Peter Cao 等。 | 时间 2024 年 8 月 15 日 (周四) 16: ...

证券代码：002865 证券简称：钧达股份 公告编号：2024-094 海南钧达新能源科技股份有限公司关于 更换 2022 年向特定对象发行股票持续督导保荐代表人的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 海南钧达新能源科技股份有限公司（以下简称"公司"）于 2024 年 8 月 9 日收到保荐机构华泰联合证券有限责任公司（以下简称"华泰联合证券"）出具 的《关于更换海南钧达新能源科技股份有限公司 2022 年向特定对象发行股票持 续督导保荐代表人的函》，原担任公司 2022 年向特定对象发行股票项目的保荐 代表人岳阳先生因个人工作变动，不能继续担任持续督导期的保荐工作。根据相 关法律法规及监管规定的要求，为保证持续督导工作的有序进行，现决定更换该 保荐代表人，由华泰联合证券保荐代表人张延鹏先生（简历附后）接替岳阳先生 履行公司 2022 年向特定对象发行股票的持续督导职责。 1 本次变更后，公司 2022 年向特定对象发行股票的持续督导保荐代表人为张 延鹏先生和胡梦婕女士，持续督导期至中国证券监督管理委员会和深圳证券交易 所规定的持续督导义务结束 ...