Core Insights - The research team from Nanjing University, in collaboration with Renshuo Solar (Suzhou) Co., Ltd., has achieved significant breakthroughs in the production of perovskite solar cells, addressing challenges related to green solvent preparation and uniformity in film production [1][2] - Perovskite solar cells are recognized as a promising next-generation photovoltaic technology due to their low cost, high efficiency, low energy consumption, and flexible manufacturing capabilities, making them crucial for the green transition of energy structures [1] - The team has developed a mixed green solvent system and an innovative manufacturing process that enhances environmental friendliness during the production of perovskite photovoltaic components [1] Research and Development - The innovative mixed green solvent system consists of γ-valerolactone, dimethyl sulfoxide, and 2-methyltetrahydrofuran, which contributes to the environmental sustainability of the manufacturing process [1] - To overcome the "edge effect" that leads to poor crystallization quality at the edges of large-area perovskite films, the team introduced a "solvent-limited edge protection" strategy, ensuring uniform solvent evaporation across different regions of the film [1] Commercialization and Performance - The research team successfully produced a commercial perovskite photovoltaic module measuring 0.72 square meters, achieving a steady-state power conversion efficiency of 17.2%, setting a world record for 2024 [2] - This advancement is seen as a critical step towards the commercialization of perovskite solar cells, with the technology currently operating stably on a 150 megawatt pilot production line [2]

微导纳米 20251203 摘要 微导纳米半导体设备订单高速增长，预计 2025 年和 2026 年增速将保 持在 50%以上，主要受益于存储厂商的产能扩张和下游资本开支上行， 2025 年新签订单预计达 18-20 亿元，2026 年保守估计 25-30 亿元， 乐观情况下可达 40 亿元。 公司管理团队具备深厚的半导体行业经验，创始人黎伟明在 ALD 技术领 域有深厚积累，周仁在 CVD 和薄膜沉积领域经验丰富，胡斌对光伏业务 有深入了解，为公司在半导体和光伏两大领域的发展奠定了坚实基础。 微导纳米在 ALD 技术方面具有显著优势，工艺覆盖度达到 70%-80%， 尤其擅长沉积 HAKI 材料，如二氧化铪，在一些先进逻辑器件中市占率 已达 70%-80%。在 PECVD 方面，其高温硬掩膜 PECVD 市占率达到 90%，基本实现独供。 随着 3D NAND 结构复杂性增加，对叠层沉积、自限填充提出更高要求， ALD 技术需求增加。高深宽比结构如 DRAM 也需要精确控制薄膜质量， 不论是先进逻辑还是存储器件，对 ALD 用量都会显著增加。 Q&A 微导纳米在半导体设备领域的增长逻辑是什么？ 微导纳米在半 ...

Core Viewpoint - The company is deeply engaged in the new energy equipment sector, providing comprehensive photovoltaic cell production line solutions, including TOPCon, perovskite, HJT, and XBC technologies [1] Group 1: Technology and Product Offerings - The company has made significant advancements in perovskite technology, overcoming technical bottlenecks and accelerating the mass production process of perovskite batteries [1] - The company has successfully delivered perovskite solar cell production line equipment to leading industry clients [1] Group 2: Production Capabilities - The company has established a quasi-GW level production capacity for large-area coating products, meeting the coating equipment needs across all stages of perovskite battery development, from laboratory to pilot and production lines [1] - The company provides full-cycle equipment support for its clients in the perovskite battery sector [1]

Core Viewpoint - Gansu King Kong Photovoltaic Co., Ltd. has signed a sales contract for 298MW HJT solar cells with a South Asian customer, which is expected to account for over 50% of the company's audited revenue for 2024, exceeding 100 million RMB [2][6]. Group 1: Contract Details - The contract was signed between Hong Kong King Kong and the South Asian customer from September 17, 2025, to December 1, 2025 [2]. - The contract specifies the sale of heterojunction (HJT) solar cells, with a total quantity of 298MW [5]. - Pricing is based on market rates agreed upon by both parties, and the contract becomes effective upon signing [5]. Group 2: Counterparty Information - The company and its subsidiaries have no related party relationships with the customer [4]. - In the past three years, from 2022 to 2023, the company did not engage in similar transactions with this customer; however, in 2024, the revenue from this customer was 9.2752 million RMB, accounting for 7.50% of the total audited revenue [4]. - The counterparty is legally established, operates normally, and has good creditworthiness, indicating a low risk of default [4]. Group 3: Impact on Company Performance - The execution of this contract is expected to have a positive impact on the company's operating performance in 2025, with specific amounts to be confirmed by the annual audit [6]. - The contract's execution will not significantly affect the company's independence, as it is actively expanding its market and increasing its customer base [7].

Group 1: Company Overview and Investor Engagement - The investor relations activity involved a site visit to Hefei BOE Solar Technology Co., Ltd. on November 27, 2025, attended by various investment firms [1][2] - The event included discussions on the company's advantages in perovskite solar cells and their production capabilities [2][4] Group 2: Advantages of Perovskite Technology - Perovskite solar cells are recognized for their high efficiency, lightweight, and flexibility, making them suitable for various applications [2] - The company has achieved a record of 38 days from the start of the pilot line to the first sample output, showcasing its manufacturing efficiency [2] Group 3: Performance Metrics - Rigid component efficiency reached 27.3% in the glove box, 23.49% in the experimental line, and 20.01% in the pilot line, placing them in the industry's top tier [3] - Flexible component efficiency improved to 20.11% in the experimental line and 17.7% in the pilot line, with 4T stacked component efficiency reaching 28.42% in the experimental line and 25.36% in the pilot line [3] Group 4: Future Development Focus - The company is concentrating on enhancing the efficiency and lifespan of perovskite products, aiming to resolve industrialization challenges [4] - Plans include building demonstration power stations and third-party outdoor testing stations to evaluate the stability of perovskite applications [4] Group 5: Production and R&D Strategy - The company will increase R&D investment to further improve conversion efficiency, stability, and lifespan of perovskite modules while accelerating the transition from pilot to mass production [6] - Collaboration with global partners is emphasized to create a comprehensive ecosystem for the perovskite industry, covering materials, equipment, products, applications, and standards [6]

京东方A近日在接受机构调研时表示，短期内，公司将继续加大研发投入，进一步提升钙钛矿组件的转 换效率、稳定性和寿命；同时加快产业化步伐，推动中试线技术向规模化量产迈进，持续降低成本；深 化与全球合作伙伴的开放创新，共同构建覆盖材料、装备、产品、应用和标准的健康钙钛矿产业生态。 ...

Core Insights - The solar photovoltaic (PV) industry has become the cheapest energy source globally, with the lowest international electricity cost at 1 cent per kilowatt-hour and around 2 cents in high-quality regions in China, showcasing strong competitiveness [1] - The dominance of crystalline silicon technology is expected to continue for the next decade, with no superior alternatives in sight, emphasizing the need for optimization in this area to maintain cost advantages [1][2] - The future trend in the PV industry will focus on reducing silver usage in cell production, with copper, aluminum, and nickel emerging as alternative materials due to their cost-effectiveness and sufficient conductivity [1][2] Industry Developments - The current market share of crystalline silicon cells in China is 98%, with a production capacity of over 3 million tons of silicon, which is crucial for maintaining low prices in the PV sector [1] - TOPCon technology is currently the market leader, but saturation is expected in the next 1 to 2 years, leading to potential idle capacity [2] - Significant R&D investments are necessary for TOPCon companies to enhance competitiveness through technology upgrades and optimize equipment paths to sustain cost advantages [2] Future Trends - The transition towards metalization with cheaper alternatives like copper is anticipated to gain momentum in the next five years, as silver's high cost significantly impacts overall PV production expenses [1] - The integration of perovskite technology with crystalline silicon cells is viewed as a necessary path for future development, although single-junction perovskite lacks competitiveness on its own [3]

Core Viewpoint - Saiwu Technology (603212.SH) has announced the successful first batch delivery of light conversion films for perovskite tandem modules, marking a significant milestone in the commercialization of this technology in the photovoltaic sector [1] Group 1: Company Developments - The recent batch delivery is a small-scale shipment, and the business is currently in the early stages of commercialization, with the shipment volume and sales amount being minimal, accounting for less than 0.05% of the company's projected revenue for 2024 [1] - The successful delivery signifies the first commercial application of perovskite technology in the global market, potentially paving the way for large-scale development in this field [1] Group 2: Industry Insights - Perovskite technology is noted for its high theoretical limits in photoelectric conversion efficiency and wide range of application scenarios, with ongoing industrialization efforts [1] - The downstream market for perovskite technology is still in the initial stages of commercialization, indicating future uncertainties regarding technology and market demand [1]

Core Viewpoint - The company has achieved the first batch delivery of light conversion films for perovskite tandem modules, marking a significant milestone in the commercialization of this technology in the photovoltaic sector [1] Group 1: Company Developments - The company announced the successful delivery of light conversion films for perovskite tandem modules to a well-known photovoltaic enterprise in the United States [1] - This delivery represents the first commercial application of perovskite technology in the global market, overcoming key barriers for large-scale development [1] Group 2: Business Impact - The current batch delivery is small-scale, with minimal impact on the company's financial performance, accounting for less than 0.05% of the projected revenue for 2024 [1] - The business is still in the early stages of commercialization, and the shipment volume and sales amount are very small [1] Group 3: Industry Context - Perovskite technology is noted for its high theoretical efficiency and wide range of applications, with ongoing industrialization efforts [1] - The commercialization of perovskite technology is still in its initial phase, leading to uncertainties in future demand and market conditions [1]

Core Viewpoint - Company announced the successful first batch delivery of light conversion film for perovskite tandem modules, marking a significant milestone in the commercialization of this technology in the photovoltaic industry [1] Group 1: Company Developments - The batch delivery is described as a small-scale delivery, indicating that the business is in the early stages of commercialization [1] - The delivered products have been successfully sent to a well-known photovoltaic company in the United States [1] Group 2: Financial Impact - The current shipment volume and sales amount are minimal, accounting for less than 0.05% of the company's projected revenue for 2024 [1] - The company states that this development will not have a significant impact on its financial performance in the short term [1] Group 3: Industry Position - The claim of being the "first in the world" is based on the company's understanding of the industry and information retrieval, with no specific rankings from market institutions available at this time [1]