光伏行业洗牌加剧：跨界企业退市破产，国资"掐尖"接盘优质资产，格局重塑。 2025年4月，ST嘉寓和ST旭蓝发布了终止上市公告，成为A股当年首批面值退市的光伏企业 。与此同时，甘肃金刚光伏因逾8000万元借款逾期 被法院强制执行，四家下属公司申请重整 。但在另一个维度，曾折戟IPO的一道新能却迎来了新主人——衢州国资通过旗下公司取得不少于 34.05%的表决权，实现单独控股 。同样是光伏企业，有人倒在黎明前的血泊中，有人在国资"输血"后获得喘息。 2025光伏行业部分破产企业： | 时间 | 174 | 破产类型 | No | | --- | --- | --- | --- | | 1月3日 | 宿迁阳力能光伏有限公司 | 破产申请 | 江苏宿计 | | 1月7日 | 梓亦光伏(上海)有限公司 | 破产申请 | 上海 | | 1月9日 | 深圳市英威腾交通技术有限公司 | 破禁止鋁 | 广东深圳 | | 4月2日 | 太一光伏科技(常州)有限公司 | 破产申请 | 江苏常外 | | 4月8日 | 南阳德才光伏发电有限公司 | 破产申请 | 河南方城 | | 4月28日 | 华东光能科技(徐州)有限公司 | 破 ...

证券代码：300093 证券简称：*ST 金刚 公告编号：2026-013 甘肃金刚光伏股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 关于公司股票可能被终止上市的第二次风险提示公 告 特别提示： 1、甘肃金刚光伏股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日 披露了《关于公司股票被实施退市风险警示、其他风险警示暨股票停复牌的公告》 （公告编号：2025-032），公司因触及《深圳证券交易所创业板股票上市规则》 （以下简称"《上市规则》"）第 10.3.1 条第（一）、（二）、（三）项规定， 公司股票自 2025 年 4 月 30 日开市起被实施退市风险警示。若公司 2025 年度经 审计的财务会计报告出现相关财务指标触及《上市规则》第 10.3.11 条的相关规 定，公司股票将被终止上市。 2、根据《上市规则》第 10.3.5 条的规定，"上市公司因触及第 10.3.1 条 第一款第一项至第三项情形，其股票交易被实施退市风险警示后，应当在其股票 被实施退市风险警示当年的会计年度结束后一个月内，披露股票可能被终止上市 的风险提 ...

Core Viewpoint - The article discusses the emergence of a new era in satellite technology, emphasizing the urgent need for efficient power supply systems for satellites as China prepares to launch a significant number of satellites by the end of 2025 [6][9]. Group 1: Satellite Launch and Development - By the end of 2025, China plans to submit approximately 203,000 satellites to the ITU, covering 14 satellite constellations, with the Radio Innovation Institute applying for two constellations, each with 96,714 satellites, totaling nearly 193,000 satellites [7][8]. - Major operators and commercial satellite companies are also advancing medium-scale constellations, with China Mobile applying for 2,520 satellites, Yuxin Satellite for 1,296, and Guodian Gaoke for 1,132 [8][10]. - As of December 2025, the overall launch completion rate for major domestic constellations remains low, indicating they are in the early stages of network formation [13]. Group 2: Starlink Program and Launch Trends - The Starlink program exhibits a clear generational rhythm, with cumulative launches reaching approximately 11,034 satellites and applications totaling about 41,943 as of January 2026 [2][16]. - The annual launch volume has increased significantly, with projections for 2025 reaching around 3,200 satellites, reflecting a trend of accelerating deployment [15][20]. - Starlink's V1 to V3 satellites utilize crystalline silicon technology to prioritize supply chain scalability and system-level cost reduction, while V4 may adopt P-type silicon HJT or P-type silicon HJT-perovskite tandem structures [3][4]. Group 3: Photovoltaic Technology in Space - The current mainstream technology for space photovoltaic applications in China is multi-junction gallium arsenide (GaAs), although there is ongoing testing and validation of perovskite systems by various companies [4][26]. - The high unit price of GaAs photovoltaic cells is becoming a significant factor limiting system economics, prompting the industry to explore lower-cost alternatives such as silicon-based and perovskite technologies [21][34]. - The article highlights the unique requirements for photovoltaic cells in space, including radiation resistance, thermal stability, and long-term reliability under extreme conditions [22][25]. Group 4: Industry Outlook and Recommendations - The acceleration of satellite launches and the continuous validation of new photovoltaic technologies indicate a rising industry outlook and long-term growth potential for the space photovoltaic sector [5][6]. - The article recommends a "buy" rating for the space photovoltaic industry, citing key companies such as Maiwei Co., Aotewi, and others as relevant investment targets [5][6].

Core Viewpoint - Elon Musk's recent statements and activities have significantly influenced the A-share photovoltaic sector, leading to a surge in stock prices for various companies in this industry [2][3][5]. Group 1: Market Reaction - On January 23, 2026, 24 photovoltaic stocks reached their daily limit up, with the photovoltaic index rising by 7.46%, outperforming the overall market [2]. - Following Musk's remarks about the potential of solar energy in China, several companies, including JinkoSolar and TCL Zhonghuan, saw their stock prices rapidly increase [3][6]. - The A-share photovoltaic sector experienced a collective surge, with stocks like Aotaiwei and Maiwei doubling in price over a two-month period [6]. Group 2: Industry Fundamentals - Despite the recent stock price increases, many photovoltaic companies are still facing financial difficulties, with nearly 70% of 75 companies reporting losses for 2025 [4]. - The photovoltaic industry is currently at a low point, and while some companies are seeing a narrowing of losses, this has not translated into positive market sentiment [4][12]. - The concept of "space photovoltaics" has emerged as a potential new growth area for the industry, driven by the need for new market opportunities amid intense competition in ground-based solar energy [10][13]. Group 3: Future Prospects - Analysts predict that the space photovoltaic market could reach significant sizes, with estimates suggesting a potential market space of 200 billion yuan if 10,000 satellites are launched annually [10]. - Musk's exploration of Chinese photovoltaic companies signals a demand for support from the Chinese supply chain for his space energy ambitions [10][12]. - The push for space photovoltaics may compel companies to focus on new technologies and product quality, potentially leading to a return to value development in the industry [14].

上海市通力律师事务所 关于甘肃金刚光伏股份有限公司 2026 年第一次临时股东会的法律意见书 致: 甘肃金刚光伏股份有限公司 上海市通力律师事务所(以下简称"本所")接受甘肃金刚光伏股份有限公司(以下简称 "公司")的委托, 指派本所徐安昌律师、卓海萍律师(以下简称"本所律师")根据《中华人 民共和国公司法》《中华人民共和国证券法》《上市公司股东会规则》等法律法规和规范 性文件(以下统称"法律法规")及《甘肃金刚光伏股份有限公司章程》(以下简称"公司章 程")的规定就公司 2026 年第一次临时股东会(以下简称"本次股东会")相关事宜出具法 律意见。 本所律师已经对公司提供的与本次股东会有关的法律文件及其他文件、资料予以了核查、 验证。在进行核查验证过程中, 公司已向本所保证, 公司提供予本所之文件中的所有签署、 盖章及印章都是真实的, 所有作为正本提交给本所的文件都是真实、准确、完整和有效的, 且文件材料为副本或复印件的, 其与原件一致和相符。 在本法律意见书中, 本所仅对本次股东会召集和召开的程序、出席本次股东会人员资格 和召集人资格及表决程序、表决结果是否符合法律法规和公司章程的规定发表意见, 并不对 ...

证券代码：300093 证券简称：*ST 金刚 公告编号：2026-011 甘肃金刚光伏股份有限公司 第八届董事会第一次会议决议公告 一、董事会会议召开情况 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 甘肃金刚光伏股份有限公司（以下简称"公司"）第八届董事会第一次会议 于 2026 年 2 月 5 日以现场及通讯方式在公司会议室召开，经全体董事一致同意， 豁免本次会议的提前通知期限，通知于 2026 年 2 月 5 日以口头及电子通讯的方 式发出。会议应出席董事 7 名，实际出席董事 7 名。经全体董事共同推举，会议 由张栋梁先生主持。本次董事会会议的召集、召开及表决程序符合《公司法》及 《公司章程》等相关法律法规的规定。 二、董事会会议审议情况 经与会董事充分讨论，会议以记名投票方式通过以下决议： （一）审议通过了《关于选举公司第八届董事会董事长、副董事长的议案》 公司董事会选举张栋梁先生为公司第八届董事会董事长，选举李雪峰先生为 公司第八届董事会副董事长，任期三年，自本次会议审议通过之日起至第八届董 事任期届满之日止。 具体内容详见公司同日披露于巨潮资 ...

（一）董事会成员情况 公司第八届董事会由 7 名董事组成，其中非独立董事 3 名，独立董事 3 名， 职工代表董事 1 名，具体组成情况如下： 证券代码：300093 证券简称：*ST 金刚 公告编号：2026-012 甘肃金刚光伏股份有限公司 关于董事会完成换届选举及聘任高级管理人员、证券 事务代表的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 甘肃金刚光伏股份有限公司（以下简称"公司"）于 2026 年 2 月 5 日召开 2026 年第一次临时股东会，选举产生了 3 名非独立董事和 3 名独立董事，与公司职工 代表大会选举产生的职工代表董事共同组成公司第八届董事会。同日，公司召开 了第八届董事会第一次会议选举产生了第八届董事会董事长及副董事长、第八届 董事会各专门委员会委员，聘任了高级管理人员、证券事务代表。具体情况如下： 一、公司第八届董事会组成情况 1、非独立董事：张栋梁先生（董事长）、王泽春先生、孙爽女士 2、独立董事：孙连平先生、邱新先生、刘志伟先生 3、职工代表董事：李雪峰先生（副董事长） 董事任期自公司 2026 年第一次临时股东会选 ...

证券代码：300093 证券简称：*ST 金刚 公告编号：2026-010 甘肃金刚光伏股份有限公司 2026 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，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议案的情形； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开时间： 现场会议时间：2026 年 2 月 5 日（星期四），下午 3:30 网络投票时间：2026 年 2 月 5 日（星期四） 其中：通过深圳证券交易系统进行网络投票的具体时间为：2026 年 2 月 5 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互联网投 票的具体时间为：2026 年 2 月 5 日 9:15-15:00 期间的任意时间 2、会议召开地点：苏州市吴江区吴江经济技术开发区采字路 168 号一楼圆 厅会议室 3、会议召开方式：现场投票和网络投票相结合的方式 4、会议召集人：公司董事会 5、会议主持人：会议由公司董事长李雪峰先生主持 6、本次会议的召集 ...

Group 1 - Company Sunlight Power (300274) is a leading domestic enterprise in photovoltaic inverters, covering the entire industry chain including energy storage systems and photovoltaic power station development [1][43] - The company has strong technical capabilities in power electronics and system integration, with products suitable for various applications including residential, commercial, and large-scale ground power stations [1][43] - In the space photovoltaic and computing power sector, Sunlight Power's technology can be adapted for space applications, providing stable power support for space computing centers [1][43][44] Group 2 - Longi Green Energy (601012) is a leading domestic photovoltaic company focusing on the research and production of monocrystalline silicon rods and wafers, with a complete vertical integration in the industry chain [2][45] - The company excels in new generation high-efficiency battery technologies such as N-type TOPCon and HJT, with significant cost control and technical advantages [2][45] - Longi's ultra-thin silicon wafer technology meets the stringent requirements for space photovoltaic components, enabling reduced weight and improved energy efficiency for space computing centers [2][45] Group 3 - Tongwei Co., Ltd. (600438) is a dual leader in photovoltaic silicon materials and battery production, with a strong focus on high-purity crystalline silicon and photovoltaic battery manufacturing [3][46] - The company has a high market share in high-purity silicon production and is well-positioned to meet the rigorous standards required for space photovoltaic components [3][46] - Tongwei's efficient battery technology can enhance power generation in space photovoltaic applications, positioning the company as a key supplier in the space photovoltaic supply chain [3][46] Group 4 - Deye Technology (605117) is a quality enterprise with core businesses in dehumidification equipment and photovoltaic energy storage systems, excelling in household and commercial energy storage solutions [4][43] - The company's energy storage technology is crucial for providing stable energy supply in space photovoltaic applications, addressing intermittent power generation issues [4][43][44] - Deye's experience in developing equipment for extreme environments positions it well to adapt products for space applications [4][43] Group 5 - Jingcheng Machinery (300316) is a leading domestic enterprise in photovoltaic crystal growth equipment, focusing on high-end equipment for photovoltaic manufacturing [5][6] - The company's technology supports the production of high-purity silicon crystals and ultra-thin silicon wafers, essential for space photovoltaic components [5][6] - As the space photovoltaic industry matures, Jingcheng is expected to provide core manufacturing equipment for the space photovoltaic supply chain [5][6] Group 6 - Maiwei Co., Ltd. (300751) is a leading enterprise in photovoltaic battery equipment, specializing in HJT and perovskite tandem battery technologies [7][41] - The company's equipment is crucial for the mass production of high-efficiency batteries that meet the stringent requirements of space photovoltaic applications [7][41] - Maiwei's technology can support the development of space-specific battery manufacturing equipment, enhancing energy system efficiency for space computing centers [7][41] Group 7 - Foster (603806) is a global leader in photovoltaic packaging materials, focusing on EVA and POE films, with a strong market presence [8][43] - The company's packaging materials are essential for ensuring the durability and performance of photovoltaic components in extreme space environments [8][43] - Foster aims to develop specialized packaging materials for space applications, enhancing the reliability of space photovoltaic systems [8][43] Group 8 - JinkoSolar (002459) is a global leader in photovoltaic modules, with a comprehensive business model covering silicon wafers, battery cells, and modules [10][43] - The company has a strong technical foundation and global production capabilities, allowing it to meet diverse application needs [10][43] - JinkoSolar's module manufacturing technology is well-suited for space applications, with the potential to become a core supplier for space photovoltaic systems [10][43] Group 9 - TCL Zhonghuan (002129) is a core enterprise in the silicon wafer sector, focusing on monocrystalline silicon materials and semiconductor materials [12][43] - The company's high-purity silicon technology is critical for space photovoltaic components, meeting the stringent requirements for purity and performance [12][43] - TCL Zhonghuan is positioned to develop space-specific silicon products, enhancing its role in the space photovoltaic supply chain [12][43] Group 10 - Aerospace Electromechanical (600151) is a leading enterprise in the integration of aerospace and photovoltaic technologies, covering the entire industry chain from component manufacturing to power station operation [19][43] - The company's aerospace power technology can be directly applied to space photovoltaic systems, providing essential energy management solutions [19][43] - With its experience in satellite systems, Aerospace Electromechanical is well-positioned to participate in the development of space computing centers [19][43]

证券代码：300093 证券简称：*ST 金刚 公告编号：2026-009 甘肃金刚光伏股份有限公司（以下简称"公司"）于 2026 年 1 月 16 日召开的 第七届董事会第六十二次会议，审议通过了《关于董事会换届选举暨提名第八届 董事会独立董事候选人的议案》，提名刘志伟先生为公司第八届董事会独立董事， 任期自公司 2026 年第一次临时股东会审议通过之日起至第八届董事会任期届满 时止。 截至 2026 年第一次临时股东会通知公告之日，刘志伟先生尚未取得独立董 事资格证书。根据深圳证券交易所的相关规定，刘志伟先生已书面承诺参加最近 一次独立董事培训并取得深圳证券交易所认可的独立董事资格证书，具体内容详 见公司于 2026 年 1 月 16 日在巨潮资讯网（http://www.cninfo.com.cn）披露的《关 于参加独立董事培训并取得独立董事资格证书的承诺函（刘志伟）》。 近日，公司收到刘志伟先生的通知，刘志伟先生已按照相关规定参加了深圳 证券交易所举办的上市公司独立董事任前培训（线上），并取得了由深圳证券交 易所创业企业培训中心颁发的《上市公司独立董事培训证明》（证书编号： 2601139809）。 ...