格隆汇1月12日丨钧达股份(002865.SZ)公布，控股股东海南锦迪科技投资有限公司（简称"锦迪科技"） 计划自本公告披露之日起15个交易日后的3个月内以集中竞价或大宗交易方式，合计减持不超过公司剔 除回购专用账户股份后总股本的3%，即8,725,435股。 ...

钧达股份公告，控股股东海南锦迪科技投资有限公司持股4651.71万股，占公司总股本15.90%，占剔除 回购专用账户股份后总股本15.99%；因自身资金需求，拟自公告披露之日起15个交易日后的3个月内， 以集中竞价或大宗交易方式合计减持不超过剔除回购专用账户股份后总股本3%，即872.54万股，其中 集中竞价不超过290.85万股，大宗交易不超过581.7万股。 ...

钧达股份公告称，控股股东锦迪科技持有公司股份46,517,062股，占公司总股本比例为15.90%，占剔除 回购专用账户股份后总股本比例为15.99%。因自身资金需求，其计划自公告披露日起15个交易日后3个 月内，以集中竞价或大宗交易方式合计减持不超剔除回购专用账户股份后总股本的3%，即8,725,435 股。其中，集中竞价不超2,908,478股，大宗交易不超5,816,957股。本次减持不会导致公司控制权变更。 ...

证券代码：002865 证券简称：钧达股份 公告编号：2026-003 海南钧达新能源科技股份有限公司 关于减持股份预披露公告 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。 特别提示：持有海南钧达新能源科技股份有限公司（以下简称"公司"或"钧 达股份"）股份 46,517,062 股（占公司总股本比例为 15.90%；占公司剔除回购专 用账户股份后的总股本比例为 15.99%）的控股股东海南锦迪科技投资有限公司（以 下简称"锦迪科技"）计划自本公告披露之日起 15 个交易日后的 3 个月内以集中 竞价或大宗交易方式，合计减持不超过公司剔除回购专用账户股份后总股本的 3%， 即 8,725,435 股。其中，以集中竞价方式减持公司股份不超过 2,908,478 股，减持 比例不超过公司剔除回购专用账户股份后总股本的 1%；以大宗交易方式减持公司 股份不超过 5,816,957 股，减持比例不超过公司剔除回购专用账户股份后总股本的 2%（若在减持期间，公司有送股、资本公积转增股本等股份变动事项，上述拟减 持股份数量将相应进行调整）。 公司于近日收到公司控股股东锦 ...

Investment Rating - The industry investment rating is "Overweight" indicating a positive outlook for the photovoltaic sector [2][7]. Core Insights - The cancellation of the export VAT rebate for photovoltaic products, effective from April 1, 2026, marks the end of over a decade of direct fiscal support for photovoltaic exports, potentially leading the industry towards high-quality development [1][2]. - A "window period" is expected to create a surge in export orders and production increases in Q1 2026, improving the performance of companies heavily reliant on exports [2]. - Following the end of the export rebate, overseas pricing for photovoltaic components is anticipated to rise, benefiting leading companies with strong brand and channel advantages [2]. - The cancellation of the rebate is seen as a response to the industry's call to reduce low-price competition, which may accelerate the exit of inefficient production capacities and allow leading firms to gain market share [2]. - Companies with overseas production capabilities and local market presence are expected to benefit from the reduced cost disadvantage of local manufacturing [2]. Summary by Sections Policy Impact - The export VAT rebate for photovoltaic products will be eliminated, transitioning the industry towards a more sustainable growth model [1][2]. Market Dynamics - A surge in orders and production is expected in Q1 2026 due to the impending policy change, similar to previous "rush to install" phenomena [2]. - The end of the rebate is likely to lead to a reevaluation of overseas component prices, with stronger pricing power for top-tier companies [2]. Competitive Landscape - The cancellation of the rebate is anticipated to facilitate the exit of low-efficiency production capacities, allowing leading companies to enhance their market share through technological and brand advantages [2]. - Companies with advanced technologies and cost advantages, such as those focusing on TOPCon/BC technologies and silicon material upgrades, are highlighted as potential investment opportunities [2]. Valuation of Key Companies - A table of key companies with their respective valuations and projected earnings for 2025-2027 is provided, indicating varying levels of profitability and market performance [3].

Investment Rating - The report rates the photovoltaic industry as "Overweight," indicating that the industry is expected to outperform the overall market [2]. Core Insights - The cancellation of the export VAT rebate for photovoltaic products, effective April 1, 2026, marks the end of over a decade of direct fiscal support for photovoltaic exports, potentially leading the industry into a phase of high-quality development [1]. - A "window period" is anticipated, leading to increased overseas orders and production ramp-up in Q1 2026, similar to previous phases of accelerated installations, which is expected to improve the performance of export-oriented photovoltaic companies [2]. - After the policy window closes, overseas component prices are likely to be renegotiated, as China, being the largest exporter of photovoltaic components, will have stronger pricing power due to the cancellation of the rebate, which is expected to lead to price increases [2]. - The cancellation of the export rebate is seen as a response to the call for reducing low-price competition in the photovoltaic industry, which will accelerate the exit of inefficient production capacities and reshape the market landscape [2]. - Companies with overseas production capacity and strong brand/channel advantages are expected to benefit from the narrowing cost disadvantage of local manufacturing, particularly in regions like the Middle East and North Africa [2]. Summary by Relevant Sections Industry Outlook - The cancellation of the export VAT rebate is expected to enhance the industry's quality of development and reduce fiscal funds being transferred to overseas terminals [2]. - The report suggests that leading companies with technological advantages (TOPCon/BC), strong brands, and distribution channels will continue to gain market share [2]. Investment Recommendations - The report recommends focusing on leading companies with overseas production capabilities, such as Longi Green Energy, JinkoSolar, Trina Solar, and others, which are expected to benefit from the "price adjustment and capacity exit" [2]. - Companies that are advancing new technologies and material upgrades, such as Aiko Solar and Dongfang Risheng, are also highlighted for their potential to enhance product efficiency and pricing power [2]. - Cost-advantaged silicon material companies like Tongwei Co. and Daqo New Energy are recommended for investment consideration [2]. Valuation Table - A valuation table is provided, detailing the estimated net profits and price-to-earnings (PE) ratios for key companies in the industry, indicating varying performance expectations for 2025 to 2027 [3].

【光伏概念盘初活跃 东方日升等多股涨超10%】智通财经1月12日电，早盘光伏概念再度活跃，钙钛矿 电池、太空光伏方向领涨，东方日升、迈为股份、捷佳伟创涨超10%，此前杭萧钢构、金晶科技涨停， 国晟科技触及涨停续创历史新高，天合光能、金辰股份等跟涨。消息面上，近期钧达股份、晶科能源、 天合光能等光伏上市公司对太空光伏的关注度显著提升，并且均重点提到钙钛矿技术在太空的应用前 景。 转自：智通财经 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The commercial aerospace sector is experiencing robust growth driven by policy support, indicating a critical turning point in commercialization. Satellite frequency and orbital resources are scarce strategic assets globally, with developed countries like the US leveraging early investments and SpaceX's advantages to secure significant frequency resources. China has recognized commercial aerospace as a vital strategic area, intensifying policy support to accelerate satellite network deployment [3][8] - Solar photovoltaic (PV) technology is the primary long-term energy source for satellites, with current applications focused on communication satellites. The global solar PV market is projected to reach between 80 billion to 120 billion yuan, assuming the price of gallium arsenide batteries is approximately 200,000 yuan per square meter and an annual launch of 4,000 to 6,000 satellites, each with solar wings of 100 square meters. Elon Musk's plan to deploy 100GW of computing power annually by 2030 could transition space PV from "satellite auxiliary power" to "large-scale energy infrastructure," potentially expanding the market from a hundred billion to a trillion yuan scale [4][8][9] Summary by Sections Section 1: Electric New Energy - The solar PV market is set to expand significantly, driven by the unique energy demands of satellites and large-scale space data centers. The technology is evolving from multi-junction gallium arsenide to P-type HJT and perovskite/silicon tandem cells, which are better suited for the harsh conditions of space. P-type HJT batteries offer advantages such as radiation resistance, lightweight, high efficiency, and cost-effectiveness, making them ideal for space applications [9] - The market for HJT technology is expected to grow as it moves away from competitive pressures in the terrestrial PV market, positioning it as a mainstream technology globally [9][10] Section 2: Investment Recommendations - Key companies recommended for investment include Maiwei Co., Jin Feng Technology (H), and Zhongji Anruike. Companies related to equipment such as Jiejia Weichuang and Aotewei are suggested for attention, along with battery and module companies like Dongfang Risheng, Junda Co., Jinko Solar, Trina Solar, and Mingyang Smart Energy. Other companies in the commercial aerospace supply chain include Jin Feng Technology (A), Jiufeng Energy, Xinle Energy, Guoci Materials, Jing Shan Light Machine, Saiwu Technology, Jinjing Technology, and Taisheng Wind Energy [10]

Core Viewpoint - The A-share market continues to rise, with the Shanghai Composite Index surpassing the 4100-point mark for the first time in 10 years, indicating a significant bullish trend in the market [1][3]. Market Performance - The Shanghai Composite Index reached 4110.37, up 27.39 points or 0.67% - The Shenzhen Component Index rose to 14097.44, increasing by 137.95 points or 0.99% - The ChiNext Index climbed to 1787.39, up 20.82 points or 1.18% - The total trading volume in the market was 1.75 trillion, with a predicted increase to 3.12 trillion, up by 291.1 billion [2]. Sector Performance - The defense and military industry led the market with a nearly 4% increase, with stocks like Huayin Technology and Guoke Military reaching a 20% limit up [3]. - The non-ferrous metals sector also performed well, with a rise of over 2%, featuring stocks like Yunnan Zhiye and Antai Technology hitting the limit up [4]. - The machinery equipment sector saw a significant increase of over 2%, with stocks such as Jizhi Co. and Shaoyang Hydraulic reaching the limit up [5]. Notable Stocks - Huayin Technology (688281) at 93.47, up 20.00% - Guoke Military (688543) at 75.96, up 20.00% - Shanghai Hanyun (300762) at 51.65, up 16.70% - Jizhi Co. (300553) at 47.86, up 20.01% - Shaoyang Hydraulic (301079) at 59.52, up 20.00% [4][6]. ETF Performance - Several ETFs related to "satellite" and "rare earth" sectors experienced significant gains, with increases exceeding 5% [8]. Risk Alerts - Companies like Zhite New Materials and Hongxun Technology have issued risk alerts due to abnormal stock price fluctuations, indicating potential volatility and divergence from fundamental values [12][13].

每经AI快讯，1月9日，光伏设备再度走高，钧达股份2连板，琏升科技涨超15%，东方日升涨超10%， 金博股份、迈为股份、帝尔激光、连城数控、海优新材跟涨。 （文章来源：每日经济新闻） ...