Core Viewpoint - Brazil's energy storage industry is on the verge of explosive growth, driven by the implementation of regulatory frameworks and increasing demand for solar energy storage solutions [2][3]. Group 1: Market Overview - Brazil's solar power generation is expected to increase its share in the total energy mix from 22.2% at the end of 2024 to 32.9% by 2029, with installed capacity rising from 51.7 GW to 88.2 GW, a net increase of 36.5 GW [2]. - The Brazilian Energy Storage Association (ABSAE) predicts that the solar energy storage sector will attract approximately 44 billion Brazilian Reais (around 8.46 billion USD) in investments by 2030, with off-grid systems, grid-level projects, and commercial/industrial storage each accounting for one-third of total investments [2]. - In 2024, battery storage demand in Brazil surged by 89%, with some regions experiencing over 190 hours of power outages annually, highlighting the urgent need for storage solutions among households and agricultural users [2]. Group 2: Regulatory and Policy Environment - The urgency of integrating battery storage systems into Brazil's electricity structure was emphasized by Rodrigo Sauaia, Executive Chairman of the Brazilian Solar Energy Association (ABSOLAR), noting that approximately 1 billion Brazilian Reais of renewable energy in the Northeast market remains unused due to a lack of infrastructure and planning [3]. - The development of storage solutions is currently hindered by pending regulatory policies, but the market is expected to flourish once these policies are established [3]. Group 3: Company Developments - CATL showcased its TENER Stack, a 9MWh modular energy storage system that improves land use efficiency by 45% and energy density by 50% compared to traditional systems [6]. - Trina Solar presented its Elementa series, which combines components, brackets, and storage to address grid stability challenges in Latin America, with a total shipment of 9 GW in Brazil and 19 GW in Latin America [10]. - Risen Energy introduced its Risen Sunease system and Risen Stack1, emphasizing safety and rapid deployment capabilities [12]. - Kehua Tech displayed its 1500V energy storage solution, designed to operate reliably in diverse climatic conditions across South America [15]. - Sungrow launched its integrated solar-storage solutions, addressing the structural electricity shortages in Brazil [17]. Group 4: Strategic Collaborations - During the exhibition, several companies, including Sungrow and DONG Energy, signed strategic cooperation agreements with local renewable energy firms to deepen collaboration in the storage sector [20].

Core Viewpoint - The company held its 21st meeting of the fourth board session on August 27, 2025, where several important resolutions were passed, including the approval of the semi-annual report and adjustments to the management structure [1] Group 1: Approval of Reports - The board unanimously approved the "2025 Semi-Annual Report and Summary" and the "Special Report on the Storage and Use of Raised Funds for the 2025 Semi-Annual Period" [2] - The company confirmed compliance with regulatory requirements in managing raised funds, stating there were no violations in the use of these funds [2] Group 2: Management Structure Adjustment - The board unanimously approved the proposal to adjust the company's management structure, eliminating the supervisory board and transferring its responsibilities to the audit management committee of the board [3] - This adjustment will not affect the internal supervision mechanism, and related rules will be abolished [3] Group 3: Amendments to Articles of Association - The board unanimously approved the proposal to amend the company's articles of association and related internal regulations to align with the latest laws and operational needs [4] - The amendments will require approval at the second extraordinary general meeting of shareholders in 2025 [4] Group 4: Extraordinary General Meeting - The board unanimously approved the proposal to convene the second extraordinary general meeting of shareholders in 2025, scheduled for September 16, 2025, combining in-person and online voting [5]

Core Viewpoint - The recent release of the revised articles of association by Dongfang Risen New Energy Co., Ltd. provides clear regulations on various aspects such as organizational behavior, shareholder rights, and management, ensuring a solid institutional guarantee for the company's standardized operation and long-term development [1] Share Issuance Regulations - The company adheres to the principles of openness, fairness, and justice in issuing shares, with a par value of 1 yuan per share and a total of 1,140,013,863 shares issued, all of which are ordinary shares in RMB [2] - The company can increase or decrease capital based on operational needs, with methods including issuing shares to unspecified or specified objects, distributing bonus shares, and converting reserves into share capital [2] - The company generally cannot repurchase its own shares, except in six specific circumstances, including capital reduction and mergers [2] Shareholders and Shareholder Meetings - The company maintains a shareholder register based on certificates from the securities registration and settlement institution, with shareholders enjoying rights such as dividend distribution and participation in shareholder meetings [3] - The annual shareholder meeting is held once a year, while temporary meetings are convened under specific conditions, such as insufficient board members or significant losses [3] - The shareholder meeting has broad powers, including electing and replacing directors and approving profit distribution plans, requiring a two-thirds majority for major decisions [3] Board of Directors and Senior Management - The company has a board of directors consisting of seven members, including one chairman and three independent directors, responsible for convening shareholder meetings and executing resolutions [4] - The chairman is elected by a majority of the board and can exercise certain powers during board recess [4] - Senior management includes the general manager, deputy general managers, financial officer, and board secretary, with the general manager appointed by the board and responsible for daily operations [4] Financial Accounting and Profit Distribution - The company establishes financial accounting systems in accordance with laws and regulations, submitting annual and interim reports within specified timeframes [5] - When distributing after-tax profits, the company must allocate a legal reserve and may also allocate discretionary reserves based on shareholder meeting resolutions [5] - Profit distribution can be in cash, stock, or a combination, with cash dividends prioritized, and the total cash distributed over the last three years must be at least 30% of the average distributable profit during that period [5] Mergers, Divisions, Capital Changes, and Liquidation - The company can merge through absorption or new establishment, with assets divided appropriately during a division [6] - Reducing registered capital requires notifying creditors, who have the right to demand debt repayment or guarantees [6] - In cases of dissolution due to expiration or shareholder resolutions, a liquidation process is required, managed by a liquidation team composed of directors [6] - The release of the new articles of association further enhances the governance structure of Dongfang Risen New Energy Co., Ltd., clarifying the rights and obligations of various entities, which will aid in sustainable development within a regulated framework [6]

| 东方日升（包头）新 材料有限公司 | 控股子公司 | 其他应收款 | 46,946.75 | 432.18 | 709.45 | 5,800.00 | 42,288.38 | 公司往来款 | 非经营性往来 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 东方日升（宁波）光 伏科技有限公司 | 控股子公司 | 其他应收款 | 20,983.59 | 69,370.57 | 16.03 | 82,365.16 | 8,005.03 | 公司往来款 | 非经营性往来 | | 东方日升（宁波）半 导体有限公司 | 控股子公司 | 其他应收款 | 364.56 | - | 4.65 | - | 369.21 | 公司往来款 | 非经营性往来 | | 宁波蛇蟠涂生态农 业有限公司 | 控股子公司控制 的法人 | 其他应收款 | 0.73 | - | - | - | 0.73 | 公司往来款 | 非经营性往来 | | 扬州宇升光伏科技 有限公司 | 控股子公司控制 的法人 | 其他应收款 | 0.33 | - | - | - | 0.3 ...

证券代码：300118 证券简称：东方日升 公告编号：2025-068 东方日升新能源股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要 求》《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》等监管要求及东方日升新能源股份有限公司（以下简称"公司"、"东方日 升"）《募集资金管理制度》的规定，公司编制了 2025 年半年度募集资金存放 与使用情况的专项报告，具体情况如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位情况 经中国证券监督管理委员会出具的《关于同意东方日升新能源股份有限公司 向特定对象发行股票注册的批复》（证监许可〔2022〕2161 号）同意，公司向 特定对象发行人民币普通股（A 股）248,138,957 股，每股发行价格为人民币 20.15 元，本次募集资金总额为人民币 4,999,999,983.55 元，扣除发行费用（不含增值 税）人民币 31,464,281.93 元，实际募集资金净额为人民币 4,968,535,70 ...

证券代码：300118 证券简称：东方日升 编号：2025-067 东方日升新能源股份有限公司 关于调整公司管理架构并修订《公司章程》以及 修订、新增及废止相关制度的公告 东方日升新能源股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日召开 第四届董事会第二十一次会议、第四届监事会第十六次会议，审议通过了《关于 调整公司管理架构的议案》《关于修订<公司章程>以及修订、新增相关制度的议 案》。现将相关事项公告如下： 一、调整公司管理架构情况 | （四）以公积金转增股本； | （四）以公积金转增股本； | | --- | --- | | （五）法律、行政法规规定以及 | （五）法律、行政法规规定以及 | | 中国证券监督管理部门批准的其他方 | 中国证券监督管理部门批准的其他方 | | 式。 | 式。 | | 第二十七条 公司的股份可以依 | 第二十八条 公司的股份应当依 | | 法转让。 | 法转让。 | | 第二十八条 公司不接受本公司 | 第二十九条 公司不接受本公司 | | 的股票作为质押权的标的。 | 的股份作为质权的标的。 | | 第二十九条 发起人持有的本公 | 第三十条 公司公开发 ...

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。 证券代码：300118 证券简称：东方日升 公告编号：2025-066 东方日升新能源股份有限公司 2025 年半年度报告全文及摘要于 2025 年 8 月 28 日 在 中 国 证 监 会 指 定 的 创 业 板 信 息 披 露 网 站 巨 潮 资 讯 网 （http://www.cninfo.com.cn）上披露，请投资者注意查阅。 特此公告。 东方日升新能源股份有限公司 2025 年半年度报告披露提示性公告 东方日升新能源股份有限公司 董事会 2025 年 8 月 27 日 ...

东方日升新能源股份有限公司 关于召开 2025 年第二次临时股东大会的通知 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。 证券代码：300118 证券简称：东方日升 公告编号：2025-065 东方日升新能源股份有限公司（以下简称"东方日升"、"公司"）第四届董 事会第二十一次会议决定于 2025 年 9 月 16 日下午 14:00 召开 2025 年第二次临 时股东大会（以下简称"本次股东大会"），本次股东大会的有关事项公告如下： 一、召开会议的基本情况 1、股东大会届次：2025 年第二次临时股东大会 2、召集人：公司董事会 3、会议召开的合法、合规性：经本公司第四届董事会第二十一次会议审议 通过，决定召开股东大会，召集程序符合有关法律、行政法规、部门规章、规范 性文件和公司章程的规定。 4、会议召开日期和时间： （1）现场会议时间：2025 年 9 月 16 日（周二）下午 14:00 （2）网络投票时间：2025 年 9 月 16 日。其中，通过深圳证券交易所交易 系统进行网络投票的时间为 2025 年 9 月 16 日 9:15-9:25，9:3 ...

一、审议通过了《东方日升2025年半年度报告及摘要的议案》； 表决情况：同意 3 票，反对 0 票，弃权 0 票。 经审核，监事会认为董事会编制和审核的《东方日升2025年半年度报告》程 序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映 了公司2025年半年度的实际情况，不存在任何虚假记载、误导性陈述或者重大遗 漏。 具体内容详见同日披露于中国证监会指定的信息披露网站巨潮资讯网 （www.cninfo.com.cn）的相关公告。 证券代码：300118 证券简称：东方日升 公告编号：2025-064 东方日升新能源股份有限公司 第四届监事会第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。 东方日升新能源股份有限公司（以下简称"东方日升"、"公司"）第四届 监事会第十六次会议于 2025 年 8 月 27 日下午在公司办公楼三楼会议室以现场结 合通讯方式召开。本次监事会会议通知于 2025 年 8 月 16 日通过专人送达、邮递、 传真及电子邮件等方式发出。会议应到监事 3 名，实到监事 3 名。本次会议由监 事会主席曾 ...

东方日升新能源股份有限公司 第四届董事会第二十一次会议决议公告 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。 东方日升新能源股份有限公司（以下简称"东方日升"、"公司"）第四届 董事会第二十一次会议于2025年8月27日上午在公司会议室以现场结合通讯方式 召开。本次董事会会议通知于2025年8月16日通过专人送出、邮递、传真及电子邮 件等方式发出。会议应到董事6人，实到6人。本次会议由董事长林海峰先生主持， 会议的通知、召集、召开和表决程序符合《中华人民共和国公司法》和《公司章 程》的有关规定。会议以投票表决方式，通过了如下决议： 证券代码：300118 证券简称：东方日升 编号：2025-063 一、审议通过了《东方日升 2025 年半年度报告及摘要的议案》； 表决情况：赞成 6 票，反对 0 票，弃权 0 票。 《东方日升 2025 年半年度报告》《东方日升 2025 年半年度报告摘要》具体 内 容 详 见 同 日 披 露 于 中 国 证 监 会 指 定 的 信 息 披 露 网 站 巨 潮 资 讯 网 （www.cninfo.com.cn）的相关公告。 ...