Market Overview - On January 23, A-shares saw all three major indices rise, with the Shanghai Composite Index up 0.33% to 4136 points, the Shenzhen Component Index up 0.79%, and the ChiNext Index up 0.63%. The North Star 50 Index surged by 3.82% [1] - The total market turnover reached 3.12 trillion yuan, an increase of 401.7 billion yuan compared to the previous trading day, with over 3900 stocks rising and 122 stocks hitting the daily limit [1] Sector Performance - The A-share market exhibited a divergence in performance, with the Shanghai 50 Index dropping over 1%. The CPO concept showed weak performance, with Xinyi Technology (300502) falling over 6%. Major sectors such as insurance and banking led the market decline [1] - In contrast, the domestic commodity futures market saw widespread gains, with lithium carbonate futures on the Guangxi Futures Exchange breaking through 180,000 yuan per ton, marking a rise of over 6% and reaching a new high since September 2023 [2] Precious Metals - Gold and silver continued to rise sharply, with spot gold stabilizing at 4950 USD per ounce and spot silver approaching the 100 USD mark, with an intraday increase of nearly 3%. Shanghai silver rose over 8% [2] - The National Investment Silver LOF (161226) experienced a volatile trading session, initially dropping over 8% before recovering to close down 1.15%, with a trading volume exceeding 4 billion yuan [3] Solar Energy Sector - The photovoltaic sector in A-shares experienced a significant surge, with Longi Green Energy (601012) and other companies seeing their stocks hit the daily limit. Notably, JunDa Co. (002865) achieved a two-day consecutive limit-up, while its H-shares soared over 49%, reaching a historical high [4] - The commercial aerospace sector is benefiting from favorable policies, technology advancements, and capital influx, driving rapid development in the space photovoltaic niche [9][10] Company Developments - Companies like JinkoSolar and Trina Solar are actively exploring market opportunities in space photovoltaics, with JinkoSolar's chairman emphasizing the need to explore this market [14] - Trina Solar has announced plans to accelerate the commercialization of perovskite solar cells and has made significant advancements in various solar technologies [14] - JunDa Co. has disclosed plans to invest 30 million yuan to acquire a 16.67% stake in Shanghai Xingyi Chip Energy, aiming to enter the low-orbit and space photovoltaic markets [15]

Group 1 - The A-share market opened high on January 23, 2026, with the ChiNext New Energy ETF Huaxia (159368) rising by 3.26% after opening [1] - Notable stocks included Maiwei Co., Ltd. hitting the daily limit, Jiejia Weichuang increasing by 17.84%, Jing Sheng Mechanical and Electrical rising by 13.95%, Zhonglai Co., Ltd. up by 12.05%, and Dier Laser increasing by 8.97% [1] - The ChiNext New Energy ETF Huaxia (159368) has seen significant capital inflow, with a net inflow of 89 million yuan over the past five days and over 135 million yuan in the last ten days [1] Group 2 - The China Energy Storage Industry Technology Alliance (CNESA) reported that by 2025, China will add 66.43 GW/189.48 GWh of new energy storage, representing a year-on-year growth of over 80% [1] - Despite a decrease in the average bidding price for 2h EPC to 1043.82 yuan/kWh, down 13.04% year-on-year, system integrators are improving profit margins through technological optimization and economies of scale [1] - The cancellation of mandatory storage in all 31 provinces has shifted energy storage development towards market-driven models such as spot arbitrage and ancillary services [1] Group 3 - Huayuan Securities indicates that the energy storage industry is at a critical juncture for independent commercialization, with significant beta opportunities for large-scale development emerging [1] - The high proportion of new energy power systems creates urgent demand for resource adjustment, and the domestic spot market and capacity compensation mechanisms are accelerating, driving energy storage from policy-driven to value-driven models [1] - The profitability model is being optimized, and overseas markets are expected to contribute additional growth, leading to sustained improvement in industry prosperity [1] Group 4 - The ChiNext New Energy ETF Huaxia (159368) is the largest ETF fund tracking the ChiNext New Energy Index, covering multiple segments of the new energy and electric vehicle industries, including batteries and photovoltaics [2] - The ETF has high elasticity, with a maximum increase of 20 cm, and the lowest fee rate, with a total management and custody fee of only 0.2% [2] - As of December 30, 2025, the fund's scale reached 676 million yuan, with an average daily trading volume of 70.75 million yuan over the past month, and nearly 90% of its holdings are in energy storage and solid-state batteries, aligning with current market trends [2]

Group 1 - The A-share market has seen a significant surge in space photovoltaic concept stocks, with companies like Maiwei Co., Ltd. and Dongfang Risheng hitting the daily limit of 20%, while Zhonglai Co., Ltd. rose over 12% [1] - Tesla CEO Elon Musk expressed strong support for space photovoltaics during a discussion at the World Economic Forum, revealing plans for a solar manufacturing capacity of 100GW annually within three years [1] - Huaxi Securities highlighted that space photovoltaic energy involves utilizing solar technology in outer space to supply energy, marking a strategic solution for commercial aerospace and high-end applications [1] Group 2 - Shenwan Hongyuan's report indicated that over 200,000 satellite constellation applications have been submitted in China, signaling a new phase of large-scale deployment in commercial aerospace, which will drive long-term demand for space photovoltaics [2] - The technology evolution path for space photovoltaics is expected to transition from high-efficiency gallium arsenide to large-scale silicon-based HJT, and eventually to perovskite tandem cells [2] Group 3 - A detailed table of stock performance shows significant gains for various companies, with Dongfang Risheng at a 20% increase and a total market value of 23.7 billion, while Zhonglai Co., Ltd. has a market value of 8.9 billion and a year-to-date increase of 22.24% [3] - Other notable performers include Xiexin Integration with a 10.18% increase and a market value of 18.4 billion, and Tuorich New Energy with a 10.08% increase and a market value of 7.7 billion [3] - The overall trend indicates a positive momentum in the sector, with many companies experiencing substantial year-to-date gains, reflecting investor optimism in the space photovoltaic market [3]

Group 1 - The core viewpoint of the article is that Zhonglai Co., Ltd. (300393) is currently developing perovskite-silicon tandem products, which, upon successful development, are expected to expand applications beyond conventional photovoltaic power generation to diversified new fields such as space [1] Group 2 - The company is actively engaging with investors through interactive platforms to provide updates on its research and development efforts [1]

证券日报网讯1月21日，中来股份（300393）在互动平台回答投资者提问时表示，应收账款涉及不同客 户，公司根据会计准则正常计提坏账准备，同时根据公司对各客户的信用政策执行回款，具体可关注后 续发布的年度报告。 ...

格隆汇1月21日丨中来股份(300393.SZ)在互动平台表示，公司目前生产的产品尚未应用于商业卫星，但 公司目前正在持续研发的钙钛矿与晶硅叠层产品，未来将有望应用于太空等多元化场景，公司将持续关 注该技术的行业发展及应用。 ...

（文章来源：第一财经） 中来股份在互动平台表示，公司目前生产的产品尚未应用于商业卫星，但公司目前正在持续研发的钙钛 矿与晶硅叠层产品，未来将有望应用于太空等多元化场景，公司将持续关注该技术的行业发展及应用。 ...

中来股份（300393.SZ）1月21日在投资者互动平台表示，公司目前正在持续研发的钙钛矿与晶硅叠层产 品，未来将有望应用于太空等多元化场景，公司将持续关注该技术的行业发展及应用。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：AI数据中心对于电力的需求日益庞大，马斯克展望未 来使用光伏设备在太空获取能源，公司是否有这方面的技术？ ...

Core Viewpoint - The company is actively developing packaging for its backplane products to adapt to space photovoltaic components and is also working on perovskite-silicon tandem products [2] Group 1 - The company announced on January 21 that it is conducting development and experimentation for backplane products suitable for space photovoltaic components [2] - The company is also in the process of researching perovskite-silicon tandem products [2]

（记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：请问公司的光伏产品能否商业卫星上使用？ 中来股份（300393.SZ）1月21日在投资者互动平台表示，公司目前生产的产品尚未应用于商业卫星，但 公司目前正在持续研发的钙钛矿与晶硅叠层产品，未来将有望应用于太空等多元化场景，公司将持续关 注该技术的行业发展及应用。 ...