钙钛矿技术一直有着行业公认的难以兼顾稳定性与效率的问题，京东方却自称做钙钛矿光伏有先天优 势。"搅局"处于转型阵痛期的光伏行业，京东方图的是什么？ 入局钙钛矿，京东方自称有先天优势 "钙钛矿业务方面，BOE拥有先天优势，"近日，京东方相关人士向《每日经济新闻》记者表示。 钙钛矿光伏业务是京东方打造"1+4+N"发展架构中"第N曲线"的关键布局。9月11日，在京东方全球创新 伙伴大会钙钛矿光伏峰会论坛上，京东方光能总经理寇建龙称，公司业务较2024年已有了关键性突破。 "京东方也开始做钙钛矿了？"有从业者惊讶道。 在今年下半年多个展会上，新能源展区频频出现京东方（SZ000725）的身影。由公司研发的1.2米×2.4 米薄膜电池搭建起来的BIPV（光伏建筑一体化）幕墙，吸引了许多人的注意。旁边文字如是介绍： BOE（京东方）标准钙钛矿光伏组件，交付效率18.6%，交付功率505W。 这是京东方高调展出的自家钙钛矿光伏产品，除了大尺寸的钙钛矿组件，公司还展示了钙钛矿光伏电动 车、光伏地砖等实物产品。在现场灯光下，这些产品展现了弱光发电的优势。 事实上，早在2023年11月，京东方就宣布启动钙钛矿光伏项目。作为全球 ...

新华财经北京10月7日电（记者闫鹏）近日，由住房和城乡建设部科技与产业化发展中心北京康居认证 中心主办的"智慧低碳建筑技术及产业交流会"举行。本次会议汇聚了来自政府部门、顶尖科研院所、行 业领军企业的众多代表，旨在深度聚焦建筑与能源领域的融合创新，围绕"建设好房子"的核心目标，共 议政策趋势、技术前沿、企业实践与破局之道，为推动建筑行业向绿色化、智能化转型升级注入强劲动 力。 住房和城乡建设部标准定额司一级巡视员白正盛系统阐述了发展智慧低碳建筑在落实国家"双碳"战略、 培育新质生产力及提升民生福祉方面的重要意义，指出了当前智慧低碳建筑能源主动化、管理数字化、 体验人性化、系统生态化四大特征，并明确提出未来将通过完善标准体系、强化科技创新、探索商业模 式和促进产业协同等重点举措，推动建筑向绿色、智能、可持续方向升级，最终实现人居品质提升与行 业高质量发展。 陕西住房与城乡建设厅副厅长李卫军强调发展智慧低碳建筑是响应国家"建设好房子"号召、推动行业转 型的必然要求。李卫军回顾了陕西省在绿色建筑、可再生能源利用等方面的探索，并指出本次交流会旨 在通过展示前沿成果、分享实践经验，为产业发展搭建合作平台。 "陕西将继续 ...

公司注重高科技新材料的研发，其中高透低反玻璃透光率达到99.16%，反射低于2%，可以应用到3C行 业、汽车玻璃、光伏玻璃和建筑玻璃等行业，这在世界上都是首屈一指的创举，为新能源产业链的发展 和融合提供了广阔的技术平台。此外，他们还拥有全球领先的光学镀膜工艺技术，自主设计的OGE彩 膜溅射装备的研发与应用，大幅度实现了99%高透过率和高反射控制，并提升耐磨与耐候性能，能很好 地完成BIPV产品的彩色干涉膜优化，在功能性光学镀膜涂层技术方面取得了新的突破，在高端彩膜与 功能性光学涂层领域获得了完整的自主研发与产线支撑能力，并为未来大规模商业化、产业化奠定了基 础。 齐鲁晚报·齐鲁壹点 高松 作为临沂新能源产业链的代表企业，曜灵时代积极践行绿色发展理念，不断创新和突破科学技术。目 前，集团下设多个核心全资子公司，规划经营包括BIPV/ BIPVT及绿建玻璃的新型绿色建材、3C高透 屏，家电高端显示面板玻璃，新型汽车玻璃，新型光伏组件等双碳新兴产业。高效科创兴业的朝曦时代 （曜灵时代）已建成有101项专利等大量技术库, 多项技术都具备全球竞争优势。 目前，曜灵时代首批新材料已成功应用于新型绿色发电建材，并以此为产业 ...

Group 1 - The 2025 China International Fair for Trade in Services (CIFTIS) commenced in Beijing with the theme "Global Services, Mutual Benefit and Shared Development" [1] - BOE Technology Group showcased over ten globally launched perovskite photovoltaic products and various integrated energy solutions [1] - The "Zero Carbon House" was presented as a demonstration project for the comprehensive application of perovskite BIPV technology, integrating various perovskite components seamlessly into building structures [1] Group 2 - BOE exhibited the "NEW π Multimedia Charging Pile," which innovatively combines energy and media to redefine urban charging scenarios [2] - The charging pile features a flexible charging solution with a maximum output power of 250KW, emphasizing sustainable energy supply [2] - It includes two 55-inch high-definition screens and a 10.1-inch touchscreen, merging charging with outdoor digital advertising and interactive entertainment [2]

Group 1 - The core viewpoint of the article highlights that Shandong Yabo Technology Co., Ltd. reported a revenue of 116 million yuan for the first half of 2025, representing a year-on-year decline of 3.55%, while the net profit attributable to shareholders was -41.24 million yuan, indicating a reduced loss compared to the same period last year [1] - The company is advancing its dual main businesses, focusing on high-end public building markets in the metal roofing sector and actively participating in the development of green energy and energy storage technologies in the new energy sector [1] - Revenue from the metal roofing engineering business was 25 million yuan, a significant decline of 77.1% compared to 108 million yuan in the same period last year, while the photovoltaic business saw substantial growth, achieving revenue of 71.16 million yuan, a year-on-year increase of 573% [1] Group 2 - The company has actively integrated its metal roofing systems with photovoltaic power generation, launching Building-Integrated Photovoltaics (BIPV) solutions, which are expected to benefit from the increasing global demand for clean energy [1] - National policies are increasingly supporting green buildings and clean energy, promoting the integration of metal roofing systems with new energy businesses, with a target of 50% rooftop photovoltaic coverage for new public buildings and factories by 2025 [2] - The BIPV market is projected to have a compound annual growth rate (CAGR) of 81% from 2022 to 2025, with an expected addition of nearly 25 GW of new installed capacity and a market size of approximately 75.7 billion yuan by 2025 [2]

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook based on its growth potential and dividend returns [5][7]. Core Insights - The company is focusing on expanding its overseas business and enhancing its dividend policy, which reflects its growth potential and commitment to shareholder returns [5][9]. - The company has a strong market position in the high-end curtain wall and interior decoration sectors, with a robust cash flow supporting high dividend payouts [6][9]. - The report highlights the company's strategic shift towards productization and international expansion, which is expected to drive future growth [9][52]. Summary by Sections Financial Performance - The company is projected to achieve revenues of RMB 23.79 billion in 2025, with a year-on-year growth rate of 6.19% [5][56]. - The net profit attributable to shareholders is expected to reach RMB 683 million in 2025, reflecting a growth rate of 7.06% [5][56]. - The company maintains a high dividend payout ratio, with an expected dividend yield of 7.00% for 2024, positioning it favorably within the industry [6][37]. Market Position - The company has a market share of 1.63% in the decoration industry as of 2024, indicating a steady increase over the past two years [9][44]. - The company has secured new orders totaling RMB 270.49 billion in 2024, marking a 4.68% increase year-on-year, with significant contributions from both domestic and overseas markets [9][48]. Strategic Initiatives - The company is actively pursuing a productization strategy, focusing on customized sales of atypical photovoltaic components and standardized curtain wall products for international markets [9][52]. - The overseas market has become a significant growth driver, with new orders from international markets increasing by 57% in 2024, accounting for 28% of total orders [9][48]. Cash Flow and Profitability - The company reported a net cash flow from operating activities of RMB 16.26 billion in 2024, reflecting a significant increase from the previous year [6][33]. - The overall gross margin for 2024 is projected to be 16.04%, with expectations for gradual improvement in profitability due to strategic initiatives [55][56].

Core Viewpoint - The company, Zhejiang Southeast Steel Structure Co., Ltd., is actively involved in the construction steel structure industry and has issued convertible bonds to support its projects and working capital needs. The company is facing challenges in its construction business due to declining new orders and fluctuating material prices, but it maintains a stable credit outlook supported by its strong brand and financing capabilities [3][4][6]. Company Overview - Zhejiang Southeast Steel Structure Co., Ltd. is a leading enterprise in the space steel structure sector, with strong capabilities in design, manufacturing, and contracting [3][4]. - The company has a robust brand image and emphasizes technological research and development in its operations [3]. Financial Performance - The company issued convertible bonds worth 2 billion yuan in January 2024, with 1.5 billion yuan allocated for project construction and 500 million yuan for working capital [4][6]. - The company's revenue for 2024 is projected to decline to 11.24 billion yuan, down from 12.99 billion yuan in 2023, primarily due to a decrease in construction business revenue [10][12]. Industry Context - The construction steel structure industry is experiencing pressure from increased competition and a decline in new project orders, leading to a decrease in production and new order amounts for many large steel structure enterprises in 2024 [7][9]. - The demand for steel structures is expected to grow due to urbanization and increased investment in public infrastructure, although the penetration rate of steel structures in downstream sectors remains low, indicating potential for growth [7][8]. Market Dynamics - The average price index for steel in China decreased by 9.02% in 2023, impacting the pricing strategies of steel structure companies [8]. - The company is adapting to market conditions by shifting its order structure towards engineering contracting, which is expected to provide more stable cash flow [12][15]. Future Outlook - The company anticipates maintaining stable credit quality in the coming months, with a focus on improving operational performance and managing financial risks [4][10]. - The construction steel structure market is projected to benefit from government policies promoting green and low-carbon building practices, which may enhance the industry's growth prospects [8][9].

Group 1: Industry Overview - Solar energy is rapidly integrating into urban construction, driven by global energy transition and sustainable development [1] - The global solar city lighting market is expected to grow significantly due to technological advancements, cost reductions, and policy support for carbon neutrality [2] - BIPV (Building-Integrated Photovoltaics) is leading a green revolution in the construction industry, with a projected global market size of $300 billion by 2030 and a compound annual growth rate exceeding 20% [3] Group 2: Event Highlights - The "2025 World Solar City Lighting Application Exhibition" will showcase over 3,000 brands and attract 300,000 professional visitors, focusing on innovations in solar city lighting [1][4] - The exhibition will feature over 2,000 certified suppliers, covering the entire industry chain from lighting fixtures to control systems and design solutions [4] - Industry forums and seminars will invite experts to discuss trends, technological innovations, and standardization in solar city lighting and BIPV, fostering collaboration and innovation [4]

事件：2024 年公司实现营收51.25 亿元，同比下降6.1%，归母净利润2.92亿元，同比增长5.4%，EPS 为 0.254 元。一季度公司营收11.93 亿元，同比下降10.9%，归母净利润0.78 亿元，同比增长36.9%。 光伏板块实现了稳健增长。24 年公司积极拓展分布式光伏及地面光伏电站项目，全年发电量超7000 万 千瓦时，同比增长 78.01%；秀强股份成功开发固德威屋顶瓦并实现量产，不断提升光伏建筑一体化 （BIPV）业务行业竞争力，24 年实现净利润2.20 亿元，较23 年的2.08 亿元有所增长。 25 年Q1 业绩稳健，销售费用下降主要系珠海可口可乐出表：25 年Q1 公司营收11.93 亿元，同比下降 10.9%，归母净利润0.78 亿元，同比增长36.9%，营收下降但利润增长体现出公司逐步聚焦高质量业务 的发展思路。25 年Q1 公司销售费用下降较明显，由24 年同期的0.39 亿元降至0.16 亿元，主要系珠海可 口可乐公司不再纳入报表。 公司盈利预测及投资评级：预计公司25-27 年净利润分别为3.18、3.52 和3.96亿元，EPS 分别为0.28、 0.32 与0. ...

Investment Rating - The report indicates a strong growth potential for the XBC curved photovoltaic tile industry, with a projected compound annual growth rate (CAGR) of 67.94% from 0.19GW in 2025 to 2.53GW by 2030 [4][24]. Core Insights - The XBC curved photovoltaic tile integrates amorphous silicon photovoltaic components with building roofing materials, offering advantages such as ease of installation, thermal insulation, and high energy efficiency. The XBC technology enhances aesthetic integration with architectural styles, representing a typical application of Building-Integrated Photovoltaics (BIPV) [4][5]. - The industry is characterized by significant technological advancements, particularly in efficiency breakthroughs and core processes such as passivation, patterning, and metallization, which are crucial for improving energy conversion efficiency [7][8]. - Despite the advantages, the market penetration of photovoltaic tiles remains low due to high costs compared to traditional components, lower energy conversion efficiency, and installation complexities [9][15]. Industry Definition - The XBC curved photovoltaic tile is defined as a building material that combines photovoltaic components with roofing materials, directly replacing traditional tiles while maintaining the same installation methods [5]. Industry Classification - The XBC curved photovoltaic tile industry is classified based on the substrate type into P-IBC and N-IBC categories, which utilize different types of back electrodes to enhance current collection efficiency [6]. Industry Characteristics - The industry features breakthroughs in efficiency, with the XBC technology achieving a theoretical energy conversion efficiency of 29.1%, significantly higher than other technologies [7]. - The application of XBC tiles is hindered by issues such as high costs, lower energy output per square meter compared to traditional components, and challenges in installation and maintenance [9]. Development History - The development of XBC curved photovoltaic tiles can be divided into three phases: the initial phase (1954-1979), the startup phase (1980-2011), and the rapid development phase (2011-present), with significant milestones including the introduction of the Tesla solar roof and the launch of the XBC aesthetic curved photovoltaic tile by Huabao New Energy [10][13]. Industry Chain Analysis - The industry chain consists of three main segments: upstream (raw material supply and equipment manufacturing), midstream (product manufacturing), and downstream (sales and application) [14][19]. Market Size and Growth - The market size for the XBC curved photovoltaic tile industry is expected to grow from 0.19GW in 2025 to 2.53GW by 2030, driven by increasing demand for integrated photovoltaic solutions [24][26]. Policy Analysis - Various policies are in place to support the growth of the photovoltaic industry, including initiatives to promote distributed energy generation and the integration of renewable energy in building designs [29][31]. Competitive Landscape - The competitive landscape is currently dominated by Huabao New Energy, which has introduced innovative products that combine aesthetic and functional aspects of photovoltaic tiles, reshaping the market dynamics [32][33].