1月5日，仕净科技披露拟变更会计师事务所的公告，表示由于中审亚太因其他个别审计项目正在配合证 监会同步核查，审计人员和时间安排无法满足公司的要求，为避免该事项对审计进度产生影响，结合公 司业务发展和审计需求等实际情况，经综合评估及审慎研究，拟聘请苏亚金诚为2025年度审计机构，聘 期1年。 2月25日晚间，仕净科技（SZ301030，股价12.46元，市值25.22亿元）披露公告称，苏亚金诚会计师事 务所（特殊普通合伙）（以下简称"苏亚金诚"）于2月13日递交《辞任函》，辞任2025年年报审计机 构。 需要注意的是，仕净科技于2026年1月19日才聘任苏亚金诚为上市公司2025年年报审计机构。也就是 说，苏亚金诚入场审计不足一个月就辞任了。对于辞任原因，苏亚金诚表示，因审计进度未达其预期及 未能按约定收取审计进度款等。 2月26日上午，《每日经济新闻》记者致电仕净科技，其接线工作人员表示："苏亚金诚辞任具体原因以 公告为准。"截至收盘，仕净科技股价报收12.46元/股，下跌13.83%。 入场审计不足一个月 仕净科技原本聘任的审计机构为中审亚太会计师事务所（特殊普通合伙）（以下简称"中审亚太"）。 根据202 ...

距离获聘还不到一个月，仕净科技审计机构却突然"闪辞"。 2025年年报披露近在咫尺，本是上市公司向市场交卷的时刻，仕净科技却在此时失去了"阅卷老师"，也揭开了仕净科技资料提供拖延与审计费用支付违约的 双重尴尬。 2月25日晚间，仕净科技发布公告，2月13日，公司收到苏亚金诚会计师事务所（特殊普通合伙）（简称"苏亚金诚会计师事务所"）发来的《关于辞任苏州仕 净科技股份有限公司2025年度审计业务的函》，苏亚金诚会计师事务所考虑到审计进度未达其预期及未能按约定收取审计进度款等原因，经慎重研究，正式 向公司辞任2025年年报审计机构。 而此时距离该所经审议通过、获聘为公司审计机构，还不到一个月。 "鉴于贵公司未能按约定时间提供审计工作所必需的资料，导致审计工作难以按预期进度开展；同时，亦未按合同约定支付相应审计费用。经本所慎重研 究，现决定正式辞任贵公司2025年度财务报告审计机构，本辞任决定自本函送达贵公司之日起生效。" 仕净科技在公告中坦言，目前公司正在积极与其他会计师事务所进行沟通，能否及时完成后任会计师事务所的聘任存在不确定性。 另外，仕净科技财务总监张丽华在今年1月份递交了辞职信。 仕净科技1月9日公告， ...

终局浮出水面 减资80%+国资独守残局 2026年2月14日，新一新能源一记重磅工商变更：新一新能源科技（衢州）有限公司注册资本从51020.41万元骤降至10000万元，减资幅度高达 80.40%， 近乎"腰斩再腰斩"。 以下图片均来源于网络 （来源：光伏见闻） 光伏行业淘汰赛已进入深水区，产能出清加速，无数中小玩家接连出局，新一新能源的剧变，也因这场淘汰赛而浮出水面…… | 基本信息 37 | 法律诉讼 经营风险 | 经营信息 151 | 公司发展 | 知识产权 63 | | | | --- | --- | --- | --- | --- | --- | --- | | 工商信息 历史工商信息 | VIP | | | | △ 工商官网快照▶ 만 음영 | | | 企业各称 | 新一新能源科技(衢州)有限公司 | | | | | | | | | 登记状态 2 存換 | | | | | | 法定代表人 | 倪志荣 馆 关联企业 7 | 企业经营状态 2 | 筹建 2024年报) | 天眼评分 2 | | | | | | 成立日期 | 2023-03-30 | | | | | 统一社会信用代码 2 | 9133 ...

Company Fundamentals - The company reported a significant loss in the first three quarters of 2025, with a net profit attributable to shareholders of -109 million yuan, a drastic decline of 451.75% year-on-year [2] - The gross margin for the first three quarters was only 10.56%, well below the industry average of 32.38%, primarily due to oversupply in the photovoltaic industry and intense price competition [2] Industry Policy and Environment - The photovoltaic industry is currently facing a phase of supply-demand imbalance, with product prices at historical lows, putting pressure on the entire sector [3] - The company is experiencing specific operational risks, including accounts receivable totaling 1.251 billion yuan as of the end of the third quarter of 2025, which occupies a significant amount of working capital and poses collection risks [3] - The company's operating cash flow has deteriorated, indicating weakened "blood generation" capacity from its main business [3] Market Funding Situation - Recent market behavior shows that institutional and northbound funds have been net sellers, with institutions net selling 79.0363 million yuan on February 5, 2026, and deep stock connect net selling 108 million yuan [4] - Over the past five days, there has been a net outflow of 209 million yuan from major funds, indicating a cautious attitude among large investors [4] Stock Price Situation - The stock price peaked at 8.18 yuan on February 10, 2026, before retreating, currently positioned below the short-term moving average and facing technical adjustment pressure [5] - The stock has seen a significant cumulative increase of 60.37% year-to-date, leading to potential profit-taking by some investors [5] - The ongoing decline in the stock price is attributed to a combination of the company's poor fundamental performance, oversupply and price wars in the photovoltaic industry, internal accounts receivable risks, market fund outflows, and technical adjustments [5]

Core Insights - Mingguan New Materials has terminated a 50 billion yuan solar backplane and functional film production base project in Hefei, shifting its focus to a new special functional film project in Yichun with an investment of 290 million yuan [1] Group 1: Strategic Adjustments - The decision to abandon the Hefei project is driven by the challenging conditions in the photovoltaic industry, which have compressed the survival space for backplane production [1] - The company anticipates a loss of 125 million to 160 million yuan in 2025, primarily due to declining prices of photovoltaic packaging materials, reduced shipment volumes, and impairment provisions [1] Group 2: New Project Details - The Yichun special functional film project will utilize existing facilities to save costs and focus on higher technology content with OBB functional films, which have already gained recognition from several leading component manufacturers [1] - The company aims to leverage this new project to turn around its financial performance amid the oversupply and intensified competition in the photovoltaic industry [1]

Group 1 - Shenjian Co., Ltd. reported that revenue from its commercial aerospace application area is estimated to account for less than 1% of the company's total revenue for the fiscal year 2025 [2] - The company’s total revenue for Q3 2025 was approximately 1.83 billion yuan, with aerospace-related revenue at about 139.18 million yuan, representing 7.59% of total revenue [2] - Yongtai Technology plans to acquire a 25% stake in Yongtai High-tech from Ningde Times, which will make Ningde Times a shareholder of the company [2] Group 2 - If the restructuring of Singshan Co., Ltd. is successful, the actual controller will change to the Anhui Provincial State-owned Assets Supervision and Administration Commission [3] - The restructuring agreement has been signed with investors, but the plan still requires approval from creditors and the court, indicating uncertainty [3] Group 3 - Mingguan New Materials has decided to terminate the investment agreement for a solar backplane and functional film production base project due to overcapacity and intensified price competition in the photovoltaic industry [4] - The total investment for the project was estimated at 5 billion yuan, and the decision was made during a board meeting [4] Group 4 - Hunan Baiyin announced the resignation of a board member due to work adjustments, which will not affect the company's management or operations [5] - Sichuan Changhong plans to transfer 58.33% of its stake in a big data company to its holding group for approximately 33.12 million yuan [6] Group 5 - Huangting International's stock experienced abnormal fluctuations, but the company confirmed that there were no undisclosed significant matters affecting its stock price [8] - Zhongsheng Pharmaceutical reported positive results from Phase III clinical trials for its innovative drug aimed at treating influenza in children and adolescents [8] Group 6 - Anlu Technology announced that major shareholders plan to reduce their holdings by up to 4% [9] - Zhongfu Shenying's controlling shareholder intends to reduce its stake by up to 3% [10] - Linyang Energy's controlling shareholder plans to increase its holdings by 50 million to 100 million yuan without a set price range [11]

Core Viewpoint - The photovoltaic industry is experiencing signs of overcapacity and intensified price competition, leading to an industry adjustment cycle with expected widespread losses in 2024 and 2025. The company has decided to terminate the Mingguan Hefei project due to declining profitability and rising operational costs associated with ongoing industry competition [1]. Group 1: Industry Overview - The photovoltaic industry is entering a period of overcapacity, with increased price competition among products [1]. - The industry is expected to face widespread losses in 2024 and 2025 due to intensified competition and cyclical adjustments [1]. Group 2: Company Actions - The company has reached an agreement with the Hefei Dong government to terminate the Mingguan Hefei project, which includes the production of solar backplanes and functional films [1]. - The decision to terminate the project was made after careful analysis of market changes and the potential for increased operational costs if the project continued [1]. Group 3: Project Details - The Mingguan Hefei project was initially approved with a total investment of 5 billion yuan, planned to be implemented in two phases, with the first phase aimed at producing 300 million square meters of solar backplanes and 200 million square meters of functional films [2]. - As of now, the project has not commenced equipment installation, and the company has incurred costs related to preliminary project activities totaling approximately 1.63 million yuan [3].

Core Viewpoint - The photovoltaic industry is experiencing signs of overcapacity and intensified price competition, leading to an industry adjustment cycle with expected widespread losses in 2024 and 2025. The company has decided to terminate the Mingguan Hefei project due to declining profitability and rising operational costs associated with industry competition [1]. Group 1: Industry Overview - The photovoltaic industry is entering a period of overcapacity, with increased competition affecting product pricing [1]. - The industry is expected to face widespread losses in 2024 and 2025 due to ongoing competitive pressures [1]. Group 2: Company Actions - The company has reached an agreement with the Hefei Dong government to terminate the Mingguan Hefei project, which includes the production of solar backplanes and functional films [1]. - The decision to terminate the project was made after careful analysis of market changes and the potential for increased operational costs if the project continued [1]. Group 3: Project Details - The Mingguan Hefei project was initially approved with a total investment of 5 billion yuan, planned to be implemented in two phases [2]. - The first phase aimed to produce 300 million square meters of solar backplanes and 200 million square meters of functional films, with construction of the necessary infrastructure largely completed by the government [2]. - As of now, the project has not commenced equipment installation, with a total expenditure of approximately 1.63 million yuan incurred so far [3].

Core Viewpoint - The company expects a net loss attributable to shareholders of 970 million to 770 million yuan for the fiscal year 2025, compared to a loss of 771 million yuan in the same period last year [1] Industry Summary - The photovoltaic industry is experiencing a phase of overcapacity, leading to a significant slowdown in the construction of new plants and upgrades by downstream enterprises, resulting in reduced market demand for related engineering projects [1] - The industry is facing intensified competition, and delays in the implementation of key projects have led to a substantial decline in order volume for the company's large-scale photovoltaic waste gas treatment systems and electromechanical systems [1] Company Summary - The company's main business revenue did not meet expectations due to the aforementioned industry challenges [1] - In 2025, product prices across the photovoltaic supply chain are expected to remain low, forcing the company to reduce the selling price of its battery products while fixed costs have not decreased correspondingly, leading to a significant decline in gross profit levels and increased operational pressure [1]

Core Viewpoint - The photovoltaic industry is transitioning from a phase of rapid expansion to one focused on technology, cost, and cash flow, leading to challenges in project fulfillment and increased scrutiny of expansion projects [3][4]. Group 1: Company Issues - *ST Muban (603398.SH) was ordered by the Wuzhou Municipal Government to return a total of 510 million yuan in project financial subsidies and construction support funds due to delays in project construction [3]. - Yichin Photovoltaic (600537.SH) faced a similar situation where its project in Chuzhou was delayed, leading to a notice from the local government to potentially terminate the investment agreement and reclaim 140 million yuan [4]. - Bangjie Co., Ltd. (002634.SZ) is undergoing pre-restructuring due to failure to complete a buyback agreement, resulting in a claim for 326 million yuan from a state-owned enterprise [4][5]. Group 2: Industry Context - The photovoltaic industry saw a significant boom in 2022, with total output value exceeding 1.4 trillion yuan, a year-on-year increase of over 95%, and production across various segments increasing by more than 55% [5]. - Local governments heavily supported the photovoltaic sector through financial subsidies, tax incentives, and land guarantees, which played a crucial role in the rapid scaling and technological advancement of the industry [6]. Group 3: Market Challenges - The rapid expansion led to issues of overcapacity and risks associated with companies lacking relevant industry experience, as seen with *ST Muban and Bangjie, which both entered the photovoltaic sector without prior expertise [7]. - Calls for production cuts and capacity control have emerged as the industry faces excess supply, highlighting the consequences of aggressive local government investment strategies [7]. Group 4: Recommendations for Future Development - Experts suggest that local governments should shift from broad subsidies to innovation incentives, focusing resources on advanced technologies and mature smart manufacturing enterprises [8]. - There is a need for a transition from administrative intervention to market guidance, establishing a fair competitive environment through improved standards and regulations [8]. - The central government plans to address issues of improper incentives in local investment strategies by clarifying guidelines for招商引资 (investment attraction) practices [8].