Financial Performance - The company's revenue for Q1 2025 was ¥73,072,431.02, representing a 65.21% increase compared to ¥44,231,203.23 in the same period last year[5] - The net profit attributable to shareholders was -¥126,265,357.49, a decline of 50.10% from -¥84,119,176.12 year-over-year[5] - The basic and diluted earnings per share were both -¥0.5846, reflecting a 50.13% decrease from -¥0.3894 in the same quarter last year[5] - Total operating revenue for the current period reached CNY 73,072,431.02, a significant increase of 65.3% compared to CNY 44,231,203.23 in the previous period[24] - The net loss for the current period was CNY 126,257,719.43, compared to a net loss of CNY 102,336,117.30 in the previous period, reflecting a deterioration in profitability[26] - The total comprehensive loss for the current period was CNY 125,739,915.91, compared to a loss of CNY 102,411,528.37 in the prior period[28] Cash Flow and Liquidity - The net cash flow from operating activities improved by 23.12%, amounting to -¥28,295,756.47 compared to -¥36,803,122.38 in the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 28,295,756.47, an improvement from a net outflow of CNY 36,803,122.38 in the prior period[30] - Cash flow from investing activities totaled -$9,780,037.54 for the current period, compared to -$21,092,523.16 in the previous period, indicating a decrease in cash outflow by approximately 53.7%[32] - Cash flow from financing activities generated a net inflow of $84,870,606.73, a significant increase compared to $56,646,279.77 in the prior period, reflecting a growth of about 49.8%[32] - The net increase in cash and cash equivalents was $47,532,744.93, contrasting with a decrease of $1,213,615.59 in the previous period, showing a turnaround in cash position[32] - The ending balance of cash and cash equivalents reached $60,052,790.95, up from $2,578,898.58 at the end of the previous period, marking a substantial increase of approximately 2,228.5%[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,710,774,352.84, a slight increase of 0.14% from ¥2,707,062,422.60 at the end of the previous year[5] - The company's current liabilities increased to 3,032,755,029.70 RMB from 2,867,732,702.01 RMB, reflecting a rise in short-term borrowing[21] - The company's total liabilities increased to 3,634,696,652.20 RMB from 3,505,244,806.05 RMB, highlighting rising financial obligations[21] - The total equity attributable to the parent company was reported at -CNY 921,113,630.28, compared to -CNY 795,363,828.84 in the previous period, indicating a decline in shareholder equity[24] Operational Challenges - The company reported high financial expenses and low capacity utilization as key factors contributing to the decline in net profit[9] - The increase in revenue was driven by higher demand from overseas customers during Q1 2025[9] - The company recorded a financial expense of CNY 45,352,094.78, which is a significant increase from CNY 23,625,537.21 in the previous period, primarily due to increased interest expenses[24] - Accounts receivable decreased to 20,109,269.14 RMB from 23,262,511.13 RMB, suggesting potential collection issues[19] - Inventory levels decreased significantly to 43,040,890.18 RMB from 60,775,054.35 RMB, which may indicate a reduction in production or sales[19] Government and Legal Matters - The company received government subsidies amounting to ¥588,233.96, which positively impacted its financial performance[6] - The company reported a net asset deficit expected by the end of 2024, which may lead to a delisting risk warning according to the Shenzhen Stock Exchange rules[14] - The company is involved in significant litigation, with a total of 20,000,000 RMB in a dispute with Ningbo Bank and 28,118,502.22 RMB with Huaxia Bank[15] - The company has initiated a restructuring process for several subsidiaries due to inability to repay debts, indicating financial distress[17] Future Outlook - The company has not yet audited its first-quarter report, which may impact the reliability of the financial data presented[33] - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[34]

Financial Performance - The company reported a significant loss during the reporting period due to intensified competition in the photovoltaic market and a decline in product prices and gross margins [4]. - The company's operating revenue for 2024 was ¥123,674,627.28, a decrease of 78.69% compared to ¥580,447,459.69 in 2023 [19]. - The net profit attributable to shareholders for 2024 was -¥795,253,962.98, representing a decline of 119.83% from -¥361,764,153.98 in 2023 [19]. - The cash flow from operating activities for 2024 was -¥306,766,706.53, a decrease of 142.44% compared to -¥126,532,709.18 in 2023 [19]. - The basic earnings per share for 2024 was -¥3.6817, down 119.83% from -¥1.6748 in 2023 [19]. - The total assets at the end of 2024 were ¥2,707,062,422.60, a decrease of 7.00% from ¥2,910,689,020.50 at the end of 2023 [19]. - The company reported a significant increase in non-recurring losses, totaling -¥50,796,290.95 in 2024 compared to a gain of ¥5,685,119.12 in 2023 [25]. - The company's gross profit margin for solar products was -273.43%, with total sales of 108,090.98 million yuan, down 79.94% from the previous year [56]. - The company reported a significant reduction in sales volume for solar products, with a decrease of 58.12% to 191.01 MW compared to the previous year [58]. - The company reported a significant decrease in revenue from the photovoltaic industry, amounting to ¥403,646,273 in 2024, down 37.64% from ¥647,273,671 in 2023, which accounted for 98.97% of total operating costs [63]. Operational Challenges - The company's capacity utilization rate remained low throughout the reporting period, leading to impairment provisions for certain assets [4]. - The overall photovoltaic market is experiencing an imbalance in supply and demand, contributing to the company's financial challenges [4]. - The company is facing increased estimated liabilities related to ongoing litigation and default responsibilities [4]. - The company faces challenges such as supply-demand mismatches and geopolitical factors affecting production capacity and export values [34]. - The company has initiated a pre-restructuring process to address severe debt pressures, with a court decision on July 8, 2024, to start the procedure [51]. - The company has reported a total of 1,237.58 million yuan in ongoing litigation cases, with uncertain impacts on the company's financials [180]. Strategic Initiatives - The company plans to take measures to improve profitability, as detailed in the management discussion and analysis section of the report [5]. - Future plans and strategic goals are outlined, but they do not constitute a substantive commitment to investors, highlighting the associated risks [7]. - The company aims to reduce costs through technology development, focusing on advanced manufacturing processes and energy cost reduction strategies [49]. - The company plans to enhance its marketing team and has established an overseas division along with five domestic marketing centers to expand its market presence [50]. - The company intends to enhance corporate governance and internal control systems to mitigate operational risks [89]. Research and Development - The company has developed over ten cost-reduction and efficiency-enhancement initiatives, including "silicon wafer thinning" and "silver paste single consumption optimization" to support large-scale industrialization of high-efficiency heterojunction batteries [39][45]. - The company has a professional R&D team dedicated to advancing heterojunction solar cell technology, ensuring continuous innovation and competitive advantage in the market [45]. - Research and development expenses were reduced to zero in 2024 from ¥29,285,892.25 in 2023, reflecting a 100% decrease as the company cut R&D spending during its pre-restructuring period [66]. - The number of R&D personnel decreased by 62.50% from 200 in 2023 to 75 in 2024, significantly impacting the company's R&D capacity [68]. Governance and Compliance - The company has established a governance structure in compliance with relevant laws and regulations to ensure effective management and control [101]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring complete operational capability [105]. - The company is committed to maintaining compliance with corporate governance standards and ensuring shareholder rights are protected [104]. - The company has no reported penalties from securities regulatory agencies for its current and recently departed directors, supervisors, and senior management [118]. - The company has not faced any administrative penalties related to environmental issues during the reporting period [149]. Shareholder Relations - No cash dividends, bonus shares, or capital reserve transfers will be distributed to shareholders [8]. - The profit distribution plan for 2023 includes no cash dividends, no bonus shares, and no capital reserve conversion into shares due to negative profits [134]. - The company emphasizes continuous employee training and development to enhance overall quality [132]. - The company held 2 shareholder meetings in 2024, ensuring equal rights for all shareholders, particularly minority shareholders, with a participation rate of 22.19% for the first temporary meeting and 23.39% for the annual meeting [107]. Market Position and Future Outlook - The global photovoltaic installed capacity is projected to exceed 5,400 GW by 2030, driven by a growing demand for renewable energy [31]. - In China, the new installed capacity for solar photovoltaic in 2024 is expected to reach 277.57 GW, an increase of 28.3% year-on-year [34]. - The company operates in the high-efficiency heterojunction (HJT) solar cell and module sector, focusing on research, manufacturing, and sales [28]. - The heterojunction technology is gaining market acceptance, with significant increases in procurement volumes for independent bidding segments in 2024 compared to the previous year [35]. Legal and Litigation Matters - The company is involved in multiple lawsuits with a total amount of 14,134.29 million yuan, which has been withdrawn by the plaintiff, indicating no significant impact on the company's profits [179]. - The company has a total of 1,121.56 million yuan in investor lawsuits, with a second-instance judgment amounting to the same figure currently in execution [179]. - The company is closely monitoring the progress of its restructuring and litigation matters, ensuring timely disclosure of relevant information [177].

Group 1 - The tax authorities in Jiuquan City, Gansu Province, are enhancing tax services to support enterprises in technological innovation and industrial upgrading, aiming for high-quality development [1] - Jiuquan City has established a "point-to-point" service mechanism to address the specific needs of local enterprises, facilitating the implementation of tax policies and alleviating financial pressures [2][3] - The tax incentives provided to companies, such as R&D expense deductions and resource tax reductions, have led to significant savings, which are reinvested into technology and environmental upgrades [2] Group 2 - Jiuquan City is focusing on providing tailored tax services for different stages of enterprise development, from startup to maturity, ensuring a comprehensive support system [4] - The tax department is utilizing big data to match suitable tax incentives for growing enterprises, optimizing tax processes and reducing administrative burdens [4] - Companies like Gansu King Kong Photovoltaic Co., Ltd. have benefited from the tax department's support, enhancing their operational efficiency and competitive edge in the renewable energy sector [4][5] Group 3 - The tax authorities are actively engaging with enterprises through various channels, including direct visits and training sessions, to gather feedback and improve service quality [5] - New energy companies, such as Dongfang Electric (Jiuquan) Wind Power Equipment Co., Ltd., have reported significant tax savings due to favorable policies, which have positively impacted their growth [5]

证券代码：300093 证券简称：金刚光伏 公告编号：2025-017 甘肃金刚光伏股份有限公司 关于收到执行裁定书暨重大诉讼的进展公告 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。 重要内容提示： 1、案件所处的诉讼阶段：执行 2、公司所处的当事人地位：被执行人 3、涉案金额：82,173,047.71 元 4、对公司损益产生的影响：根据执行裁定书，履行交纳欠款、迟延履行的 债务利息及执行费的义务，具体会计处理和影响情况以公司年度审计报告为准。 一、本次执行事项的基本情况 2024 年 8 月 9 日，甘肃金刚光伏股份有限公司（以下简称"公司"）下属子 公司苏州金刚光伏科技有限公司（以下简称"苏州金刚"）因与江苏银行股份有 限公司苏州分行（以下简称"江苏银行苏州分行"）金融借款合同纠纷案收到苏 州工业园区人民法院送达的《传票》（（2024）苏 0591 民初 11554 号）、《应 诉通知书》（（2024）苏 0591 民初 11554 号）及《民事起诉状》。具体内容详 见公司于 2024 年 8 月 9 日披露在巨潮资讯网的《关于重大诉讼的公告》（公告 ...

股东会议事规则 第一条 为规范甘肃金刚光伏股份有限公司（以下简称"公司"）的法人治 理结构， 保证股东会依法行使职权，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》（以下简称"《证券法》"）、《深 圳证券交易所创业板股票上市规则》、《深圳证券交易所上市公司自律监管指引 第 2 号——创业板上市公司规范运作》等有关规定及《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，并参照中国证券监督管理委员会（以 下简称"中国证监会"）《上市公司股东会规则》的有关规定，制订本规则。 第二条 公司股东会由全体股东组成。股东会是公司的权力机构，依照法 律、行政法规、《公司章程》及本规则的相关规定行使职权。 二〇二五年四月 股东会议事规则 1 第一章 总 则 第三条 公司应当严格按照法律、行政法规、《公司章程》及本规则的相 关规定召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当 勤勉尽责，确保股东会正常召开和依法行使职权。 第四条 公司召开股东会，应当聘请律师对以下问题出具法律意见并公告： （1）会议的召集、召开程序 ...

董事会薪酬与考核委员会工作细则 二○二五年四月 董事会薪酬与考核委员会工作细则 1 第一章 总 则 第一条 为进一步建立健全甘肃金刚光伏股份有限公司（以下简称"公司"） 董事（非独立董事）及高级管理人员的考核和薪酬管理制度，完善公司治理结构， 根据《中华人民共和国公司法》《上市公司治理准则》等有关法律法规及《甘肃 金刚光伏股份有限公司章程》（以下简称"《公司章程》"），公司特设立董事 会薪酬与考核委员会，并制定本工作细则。 第二条 薪酬与考核委员会是董事会按照股东会决议设立的专门工作机构， 主要负责制定公司董事及高级管理人员的考核标准并进行考核；负责制定、审查 公司董事及高级管理人员的薪酬政策与方案，对董事会负责。 第三条 本工作细则所称董事是指在本公司支取薪酬的正副董事长、董事， 高级管理人员是指《公司章程》规定的高级管理人员。 第二章 人员组成 第四条 薪酬与考核委员会成员由三名董事组成，独立董事占多数。 第九条 薪酬与考核委员会负责制定董事、高级管理人员的考核标准并进行 考核，制定、审查董事、高级管理人员的薪酬决定机制、决策流程、支付与止付 追索安排等薪酬政策与方案，并就下列事项向董事会提出建议： （1 ...

公司章程 二〇二五年四月 公司章程 1 | | | | 第一章 | 总 则 | 3 | | --- | --- | --- | | 第二章 | | 经营宗旨和范围 4 | | 第三章 | 股 份 | 4 | | 第一节 | | 股份发行 4 | | 第二节 | | 股份增减和回购 5 | | 第三节 | | 股份转让 7 | | 第四章 | 股东和股东会 | 7 | | 第一节 | | 股东的一般规定 7 | | 第二节 | | 控股股东和实际控制人 10 | | 第三节 | | 股东会的一般规定 11 | | 第四节 | | 股东会的召集 14 | | 第五节 | | 股东会的提案与通知 15 | | 第六节 | | 股东会的召开 17 | | 第七节 | | 股东会的表决和决议 19 | | 第五章 | 董事和董事会 | 24 | | 第一节 | | 董事的一般规定 24 | | 第二节 | | 董事会 28 | | 第三节 | | 独立董事 34 | | 第四节 | | 董事会专门委员会 37 | | 第六章 | 高级管理人员 | 39 | | 第七章 | | 财务会计制度、利润分配和审计 41 | | ...

董事会提名委员会工作细则 二○二五年四月 董事会提名委员会工作细则 第二条 董事会提名委员会是董事会按照股东会决议设立的专门工作机构， 主要负责对公司董事和高级管理人员的人选、选择标准和程序进行选择并提出建 议。 第二章 人员组成 第三条 提名委员会成员由三名董事组成，独立董事占多数。 第四条 提名委员会委员由董事长、二分之一以上独立董事或者全体董事的 三分之一提名，并由董事会选举产生。 第五条 提名委员会设主任委员（召集人）一名，由独立董事委员担任，负 责主持委员会工作；主任委员在委员内选举，并报请董事会批准产生。 第六条 提名委员会任期与董事会任期一致，委员任期届满，连选可以连任。 提名委员会因委员辞职、免职或其他原因而导致其人数减少时，公司董事会应按 本工作细则的规定尽快选举产生新的委员。独立董事被解除职务导致提名委员会 中独立董事所占比例不符合法律法规或者《公司章程》的规定，公司应当自前述 事实发生之日起六十日内完成补选。 第三章 职责权限 1 第一章 总 则 第一条 为规范甘肃金刚光伏股份有限公司（以下简称"公司"）董事和高 级管理人员的产生，优化董事会组成，完善公司治理结构，根据《中华人民共和 国 ...

董事会审计委员会工作细则 二○二五年四月 董事会审计委员会工作细则 1 第五条 审计委员会委员由董事长、二分之一以上独立董事或者全体董事的 三分之一提名，并由董事会选举产生。 第六条 审计委员会设主任委员（召集人）一名，主任委员（召集人）应当 由独立董事中会计专业人士担任，负责主持委员会工作；主任委员在委员内经二 分之一多数选举，并报请董事会批准产生。 第七条 审计委员会任期与董事会一致，委员任期届满，连选可以连任。审 计委员会因委员辞职、免职或其他原因而导致其人数减少时，公司董事会应按本 工作细则的规定尽快选举产生新的委员。独立董事被解除职务导致审计委员会中 独立董事所占比例不符合法律法规或者《公司章程》的规定，或者审计委员会欠 缺会计专业人士的，公司应当自前述事实发生之日起六十日内完成补选。 第八条 审计委员会成员应当具备履行审计委员会工作职责的专业知识和商 第一章 总 则 第一条 为强化甘肃金刚光伏股份有限公司（以下简称"公司"）董事会决 策功能，做到事前审计、专业审计，确保董事会对经理层的有效监督，完善公司 治理结构，根据《中华人民共和国公司法》、《上市公司治理准则》等有关法律 法规及《甘肃金刚光伏股 ...

第二条 董事会战略委员会是董事会按照股东会决议设立的专门工作机构， 主要负责对公司长期发展战略和重大投资决策进行研究并提出建议。 董事会战略委员会工作细则 二○二五年四月 董事会战略委员会工作细则 1 第一章 总 则 第一条 为适应甘肃金刚光伏股份有限公司（以下简称"公司"）战略发展 需要，增强公司核心竞争力，确定公司发展规划，健全投资决策程序，加强决策 科学性，提高重大投资决策的效益和决策的质量，完善公司治理结构，根据《中 华人民共和国公司法》、《上市公司治理准则》等其他有关法律法规及《甘肃金 刚光伏股份有限公司章程》（以下简称"《公司章程》"），公司特设立董事会 战略委员会，并制定本工作细则。 第二章 人员组成 第三条 战略委员会成员由五名董事组成，其中应至少包括一名独立董事。 第四条 战略委员会委员由董事长、二分之一以上独立董事或者全体董事的 三分之一提名，并由董事会选举产生。 第五条 战略委员会设主任委员（召集人）一名，由公司董事长担任。 第六条 战略委员会任期与董事会任期一致，委员任期届满，连选可以连任。 战略委员会因委员辞职、免职或其他原因而导致其人数减少时，公司董事会应按 本工作细则的规定尽快选 ...