Group 1 - Company Instech reported a net profit of 177 million yuan for 2024, a year-on-year increase of 28.15%, with a proposed cash dividend of 1.20 yuan per 10 shares [1] - Instech achieved an operating revenue of 1.185 billion yuan in 2024, representing a year-on-year growth of 24.45% [1] - The company specializes in the research, production, and sales of rare earth permanent magnet materials and applications [2] Group 2 - Company Junda reported a net loss of 106 million yuan for Q1 2025, transitioning from profit to loss, with a year-on-year revenue decline of 49.52% [3] - Junda's operating revenue for Q1 2025 was 1.875 billion yuan [3] - The company focuses on the research, production, and sales of photovoltaic cell products [4] Group 3 - Company Annada reported a net loss of 10.26 million yuan for Q1 2025, with a year-on-year revenue increase of 1.44% [5] - Annada's operating revenue for Q1 2025 was 473 million yuan [5] - The company specializes in titanium dioxide and iron phosphate products [6] Group 4 - Company Jiuzhou Pharmaceutical reported a net profit of 250 million yuan for Q1 2025, a year-on-year increase of 5.68% [7] - Jiuzhou's operating revenue for Q1 2025 was 1.49 billion yuan, reflecting a year-on-year growth of 0.98% [7] - The company provides custom research and production services for pharmaceutical companies and research institutions [8] Group 5 - Company Yitong Century won a 1.48 billion yuan contract for a 5G comprehensive maintenance project with Guangdong Unicom [9] - The project will enhance the company's business volume and expansion in Guangdong [9] - Yitong Century specializes in communication network technology services and solutions [10] Group 6 - Company Rijiu Optoelectronics reported a net profit of 67.47 million yuan for 2024, a year-on-year increase of 506.9%, with a proposed cash dividend of 2.00 yuan per 10 shares [10] - Rijiu's operating revenue for 2024 was 583 million yuan, representing a year-on-year growth of 22% [10] - The company focuses on the research, production, and sales of touch display application materials [11] Group 7 - Company Ruotong reported a net profit of 95.98 million yuan for 2024, a year-on-year increase of 0.91%, with a proposed cash dividend of 2.00 yuan per 10 shares [12] - Ruotong's operating revenue for 2024 was 408 million yuan, reflecting a year-on-year growth of 7.54% [12] - The company specializes in drilling and completion equipment for oil and gas [13] Group 8 - Company Shuangxiang reported a net profit of 472 million yuan for 2024, a year-on-year increase of 754.84%, with a proposed cash dividend of 1.50 yuan per 10 shares [14] - Shuangxiang's operating revenue for 2024 was 2.29 billion yuan, representing a year-on-year growth of 51.55% [14] - The company focuses on synthetic leather and optical-grade PMMA products [15] Group 9 - Company Xinfang Pharmaceutical reported a net profit of 101 million yuan for 2024, a year-on-year decrease of 64.70%, with a proposed cash dividend of 0.30 yuan per 10 shares [16] - Xinfang's operating revenue for 2024 was 6.032 billion yuan, reflecting a year-on-year decline of 6.63% [16] - The company is involved in medical services, pharmaceutical distribution, and manufacturing [17] Group 10 - Company Dongxing Medical reported a net profit of 97.42 million yuan for 2024, a year-on-year increase of 0.21%, with a proposed cash dividend of 6.00 yuan per 10 shares [18] - Dongxing's operating revenue for 2024 was 435 million yuan, reflecting a year-on-year growth of 0.40% [18] - The company specializes in surgical medical devices [19] Group 11 - Company Wuzhou Special Paper reported a net profit of 64.68 million yuan for Q1 2025, a year-on-year decrease of 51.56%, with an operating revenue of 1.989 billion yuan [20] - Wuzhou's operating revenue for Q1 2025 increased by 15.21% [20] - The company focuses on the research, production, and sales of mechanism paper and pulp [21] Group 12 - Company Jinrui Mining expects a net profit of 15.28 million yuan for Q1 2025, a year-on-year increase of 617.40% [22] - The company specializes in the production and sales of strontium salt products [23] Group 13 - Company Youyan New Materials expects a net profit of 60 million to 75 million yuan for Q1 2025, a year-on-year increase of 13076% to 16370% [24] - The company focuses on electronic films, precious metal materials, and rare earth materials [25] Group 14 - Company Guoli expects a net profit of 11 million to 13 million yuan for Q1 2025, a year-on-year increase of 164.38% to 212.45% [26] - The company specializes in urban infrastructure design, construction, and investment [27] Group 15 - Company Shenzhen Airport reported a passenger throughput of 5.5422 million in March, a year-on-year increase of 8.70% [28] - The airport's cargo throughput was 171,900 tons, reflecting a year-on-year growth of 14.51% [28] - The company is involved in aviation and related non-aviation businesses [29] Group 16 - Company Shenghui Integration reported an order balance of 2.117 billion yuan as of March 31, 2025, a year-on-year increase of 11.89% [30] - The company provides cleanroom engineering and electromechanical engineering services [31] Group 17 - Company Chengyi Pharmaceutical received a drug registration certificate for Mercaptopurine tablets [32] - The drug is applicable for various diseases including choriocarcinoma and acute lymphoblastic leukemia [32] Group 18 - Company Enhua Pharmaceutical initiated Phase I clinical trials for NH280105 capsules, targeting Alzheimer's disease [33] - The trial aims to assess the safety and pharmacokinetics of the drug [33] Group 19 - Company Lingang Steel proposed a share buyback of 50 million to 100 million yuan [34] - The company specializes in the production and development of metallurgical products [35] Group 20 - Company Fujia plans to repurchase shares worth 15 million to 30 million yuan [36] - The company focuses on smart cleaning appliances and key components [37] Group 21 - Company Mould Technology received a project designation letter for exterior parts from a luxury car client, with an estimated total sales of 2.07 billion yuan [38] - The project is expected to start mass production in April 2027 [38] Group 22 - Company Longxin General expects a net profit of 4.55 billion to 5.30 billion yuan for Q1 2025, a year-on-year increase of 76.65% to 105.77% [39] - The company specializes in motorcycles, engines, and general machinery products [40] Group 23 - Company Dongfang Securities reported a net profit of 1.436 billion yuan for Q1 2025, a year-on-year increase of 62.08% [41] - The company focuses on investment management and securities trading [42] Group 24 - Company Yalian Machinery plans to use up to 800 million yuan of idle funds for low-risk financial products [43] - The company specializes in the production of engineered wood production lines and equipment [44] Group 25 - Company Guanghua Technology reported a net loss of 205 million yuan for 2024, with total revenue of 2.589 billion yuan [45] - The company focuses on PCB chemicals and lithium battery materials [46] Group 26 - Company Boya Biotechnology plans to publicly transfer 80% of its subsidiary's equity for 213 million yuan [47] - The transaction aims to optimize resource allocation focusing on blood products [48] Group 27 - Company Darui Electronics plans to repurchase shares worth 30 million to 50 million yuan [49] - The company specializes in customized components and automation equipment [50] Group 28 - Company Hongying Intelligent plans to repurchase shares worth 30 million to 40 million yuan [51] - The company focuses on smart control products and assemblies [52] Group 29 - Company Guangku Technology announced a change in the upper shareholding structure of its controlling shareholder [53] - The operational activities of the company will not be materially affected [54] Group 30 - Company Dingjie Smart's application for convertible bond issuance has been accepted by the Shenzhen Stock Exchange [55] - The company provides digital and intelligent solutions for various industries [56]

一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.4600 | 0.0900 | -611.11 | 1.7900 | | 每股净资产（元） | 16.51 | 20.71 | -20.28 | 10.09 | | 每股公积金(元) | 13.25 | 13.31 | -0.45 | 0.88 | | 每股未分配利润(元) | 2.65 | 6.57 | -59.67 | 8.21 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 18.75 | 37.14 | -49.52 | 39.67 | | 净利润(亿元) | -1.06 | 0.2 | -630 | 3.54 | | 净资产收益率(%) | -2.76 | 0.42 | -757.14 | 28.71 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 11361.92万股 ...

证券代码：002865 证券简称：钧达股份 公告编号：2025-027 海南钧达新能源科技股份有限公司 第四届监事会第五十五次会议决议公告 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 表决结果：同意 3 票，反对 0 票，弃权 0 票。 具体内容详见公司同日披露于巨潮资讯网（www.cninfo.com.cn）的相关公告。 三、备查文件 （一）《公司第四届监事会第五十五次会议决议》 特此公告。 海南钧达新能源科技股份有限公司 监事会 2025 年 4 月 15 日 海南钧达新能源科技股份有限公司（以下简称"公司"）第四届监事会第五十五 次会议于 2025 年 4 月 14 日以通讯表决的方式召开。公司于 2025 年 4 月 11 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： （ ...

海南钧达新能源科技股份有限公司 第四届董事会第七十五次会议决议公告 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。 一、董事会会议召开情况 海南钧达新能源科技股份有限公司（以下简称"公司"）第四届董事会第七十 五次会议于 2025 年 4 月 14 日以通讯表决方式召开。公司于 2025 年 4 月 11 日以 专人送达及电子邮件方式向公司全体董事发出了会议通知。公司董事共 9 人，参 加本次会议董事 9 人。会议由董事长陆小红女士主持。本次会议的召集、召开和 表决程序符合《公司法》《公司章程》及《董事会议事规则》等法律、行政法规、 部门规章的有关规定。 证券代码：002865 证券简称：钧达股份 公告编号：2025-026 经审核，全体董事认为公司《2025 年一季度报告》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。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 具体内容详见公司同日披露于巨潮资讯网（www.cninfo.com.cn）的相关公告。 三 ...

钧达股份（002865）公告，2025年第一季度营业收入18.75亿元，同比下降49.52%。净亏损1.06亿元， 去年同期净利润1975.41万元。 ...

Financial Performance - The company's revenue for Q1 2025 was ¥1,874,923,564.60, a decrease of 49.52% compared to ¥3,714,187,339.45 in the same period last year[4] - The net profit attributable to shareholders was -¥105,889,418.57, representing a decline of 636.04% from a profit of ¥19,754,125.07 in the previous year[4] - The net cash flow from operating activities was -¥308,443,720.40, a decrease of 353.02% compared to ¥121,902,506.18 in the same period last year[4] - Basic and diluted earnings per share were both -¥0.46, down 611.11% from ¥0.09 in the previous year[4] - Total operating revenue for the current period is CNY 1,874,923,564.60, a decrease of 49.6% compared to CNY 3,714,187,339.45 in the previous period[20] - The net profit for the current period is a loss of CNY 105,889,418.57, compared to a profit of CNY 19,754,125.07 in the previous period, indicating a significant decline[20] - The company reported a basic and diluted earnings per share of -CNY 0.46, compared to CNY 0.09 in the previous period[21] Assets and Liabilities - Total assets increased by 9.22% to ¥17,977,592,600.06 from ¥16,459,430,234.31 at the end of the previous year[4] - Total liabilities increased to CNY 14,193,797,637.25 from CNY 12,572,431,929.06, representing a growth of 12.9%[20] - Non-current liabilities rose to CNY 6,995,318,471.66, up from CNY 6,194,994,447.28, marking an increase of 12.9%[20] - The total equity attributable to shareholders decreased to CNY 3,783,794,962.81 from CNY 3,886,998,305.25, a decline of 2.7%[20] Cash Flow - The company has reported a cash flow from operating activities of CNY 1,320,104,933.53, indicating a strong operational cash generation despite the net loss[22] - Cash inflow from operating activities totaled CNY 1,320,104,933.53, an increase from CNY 1,026,870,605.93 in the previous period[22] - Cash paid for purchasing goods and services was CNY 1,417,772,493.45, significantly higher than CNY 439,077,695.37 in the previous period[22] - The company reported a total cash outflow from operating activities of $1.63 billion, compared to $904.97 million in the previous period[23] Market and Industry Trends - The decline in revenue and profit was primarily attributed to the industry being in a capacity reduction cycle and a decrease in chain prices compared to the previous year[8] - The photovoltaic industry in China is expected to return to a healthy development track by Q1 2025, with significant improvements in supply-demand conditions[12] - In the first two months of 2025, China's photovoltaic battery exports reached 13GW, a year-on-year increase of 49%[13] Strategic Initiatives - The company plans to invest in a 5GW high-efficiency battery production capacity in Oman, expected to be operational by the end of 2025[15] - The company is focusing on cost reduction and efficiency improvement for N-type TOPCon batteries, enhancing product conversion efficiency[14] - The company is strengthening its collaboration with domestic and international research institutions to promote the industrialization of TOPCon and perovskite stacked products[14] - The company aims to integrate into local overseas supply chains through advanced battery capacity construction, enhancing global market service capabilities[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,430[9] - Shareholders' equity attributable to shareholders decreased by 2.66% to ¥3,783,794,962.81 from ¥3,886,998,305.25 at the end of the previous year[4] Operational Highlights - In Q1 2025, the company achieved a shipment of 7.15GW of N-type TOPCon batteries, generating revenue of 1.875 billion yuan[14] - The company's net loss attributable to the parent company in Q1 2025 was 106 million yuan, showing a significant improvement compared to the second half of 2024[14] - The overseas sales business increased from 23.85% in 2024 to 58.00% in Q1 2025, indicating a substantial growth in international market presence[15]

北京植德律师事务所 关于海南钧达新能源科技股份有限公司 2024 年度股东会的 法律意见书 植德京（会）字[2025]0024号 二〇二五年四月 北京市东城区东直门南大街 1 号来福士中心办公楼 12 层 邮编：100007 12th Floor, Raffles City Beijing Offices Tower, No.1 Dongzhimen South Street,Dongcheng District, Beijing 100007 P.R.C. 电话（Tel）: 010-56500900 传真（Fax）: 010-56500999 www.meritsandtree.com 北京植德律师事务所 关于海南钧达新能源科技股份有限公司 2024 年度股东会的 法律意见书 植德京（会）字[2025]0024 号 致：海南钧达新能源科技股份有限公司（贵公司） 北京植德律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席 并见证贵公司 2024 年度股东会（以下简称"本次会议"）。 本所律师参加本次会议进行见证，并根据《中华人民共和国公司法》（以下简称 "《公司法》"）、《中华人民共和国证券法》（以 ...

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： 1、本次股东会未出现否决提案的情形。 证券代码：002865 证券简称：钧达股份 公告编号：2025-025 海南钧达新能源科技股份有限公司 2024 年度股东会决议公告 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开情况 1、召开时间： （1）现场会议召开时间：2025 年 4 月 8 日（星期二）下午 14:30 开始 （2）网络投票时间：2025 年 4 月 8 日 其中，通过深交所交易系统进行网络投票的具体时间为：2025 年 4 月 8 日上 午 9:15 至 9:25，9:30 至 11:30，下午 13:00 至 15:00；通过深交所互联网投票系统 进行网络投票的具体时间为：2025 年 4 月 8 日 9:15-15:00 期间的任意时间。 2、现场会议召开地点：苏州市工业园区协鑫广场 15F。 3、会议投票方式：本次会议采取现场投票与网络投票相结合的表决方式。 4、会议召集人：海南钧达新能源科技股份有限公司（以下简称"公司"）董事 会。 5、会议主持人：董事长陆小红 ...

Company Overview - JunDa Co., Ltd. has experienced a significant decline, with a cumulative drop of -31.36% over eight consecutive trading days [1] - The company focuses on photovoltaic technology and has acquired 100% of Jietai Technology, aiming to become a leading global manufacturer of photovoltaic cells [1] Fund Involvement - Three funds managed by WanJia Fund have entered the top ten shareholders of JunDa Co., Ltd. in the first quarter of this year, namely WanJia Quality Life Mixed A, WanJia Selected Mixed A, and WanJia Artificial Intelligence Mixed A [1] - The year-to-date performance of these funds is as follows: WanJia Quality Life Mixed A at -8.96% (ranked 2288 out of 2324), WanJia Selected Mixed A at -8.81% (ranked 4528 out of 4592), and WanJia Artificial Intelligence Mixed A at -9.51% (ranked 4543 out of 4592) [1] Fund Manager Profiles - Mo Haibo, the fund manager for WanJia Quality Life Mixed A, has a background in investment research and has been with WanJia Fund since 2015 [4][6] - Geng Jiaozhou, the fund manager for WanJia Artificial Intelligence Mixed A, has been with WanJia Fund since 2012 and has held various positions within the company [7]

Investment Logic - The article highlights investment opportunities in the photovoltaic sector, particularly focusing on new technologies. Three main lines of investment are suggested: 1) Leading TOPCon battery companies expected to achieve profit recovery; 2) New technology equipment manufacturers with growth potential; 3) Suppliers of low-silver or silver-free metallization paste solutions [2][3][4]. TOPCon Route - The profitability of battery components is continuously recovering, with leading companies expected to accelerate capacity upgrades. As demand improves, prices in the supply chain have risen, with silicon wafers, batteries, and components increasing by 7%, 13%, and 7% respectively since mid-February [2][6]. - By the end of 2025, the non-silicon cost of leading companies' TOPCon batteries is projected to drop below 0.13 yuan/W, enhancing competitive advantages among top firms [2][22]. XBC Route - The market interest in XBC technology has significantly increased, with an estimated production capacity nearing 50GW and construction capacity close to 45GW. Major companies like Longi and Aiko are leading this development [3][28]. - The price premium for BC components over TOPCon components remains around 0.05 yuan/W, indicating a competitive edge for BC technology [3][38]. HJT Route - The HJT technology is gaining market share, with a total planned capacity exceeding 100GW and actual capacity around 40-45GW. The efficiency of HJT components is expected to improve significantly, with projections of reaching 750W by early 2026 [4][47]. - HJT components are currently priced at a premium of approximately 0.05 yuan/W over TOPCon components, with cost differences narrowing as production scales up [4][55]. Metallization Process - The trend towards low-silver or silver-free solutions is becoming prominent, with silver paste prices rising significantly. The introduction of silver-copper paste is expected to reduce metallization costs by over 0.01 yuan/W [5][58]. - The industry is focusing on reducing silver consumption, with silver-copper paste already being applied in HJT batteries, indicating a shift towards more cost-effective solutions [5][63].