转自：中国证券报·中证网 中证报中证网讯（王珞）8月22日晚，华宝新能披露2025年半年度报告，上半年公司实现营业收入16.37 亿元，同比增长43.32%；净利润1.23亿元，同比增长68.31%。华宝新能表示，业绩增长得益于公司聚焦 消费级全场景光伏储能解决方案，积极拓展全球市场成效显著。 根据报告，在市场拓展方面，北美地区作为华宝新能核心市场营收同比增长42.86%，保持了稳健的增 长态势。在新兴市场中，欧洲市场表现尤为突出，营收同比增长106.42%，亚洲市场（不含中国）也实 现了31.92%的同比增长。 华宝新能称，取得上述成绩得益于公司构建的"官网独立站+第三方电商平台+线下零售"三位一体的全 球渠道网络：品牌官网独立站营收同比增长55.25%，占总营收的比重达29.41%；线下渠道与Costco、 Lowe's、Home Depot、Best Buy等全球知名零售商展开深度合作，产品入驻超1万家店铺，营收同比增 长45.85%，品牌的市场渗透率与话语权持续提升。截至报告期末，公司产品累计销量近600万台，稳居 行业前列。 报告中提到，在研发创新方面，今年上半年，公司研发投入达7616.38万元， ...

Core Viewpoint - The innovation of cadmium telluride (CdTe) photovoltaic glass represents a breakthrough in the construction and energy sectors, aiming to address the challenges of the photovoltaic industry amidst intense competition [1][3]. Group 1: Product Features and Applications - CdTe photovoltaic glass can generate electricity even under indoor lighting conditions, with higher efficiency outdoors, making it suitable for various applications such as office building facades, factory roofs, and residential sunrooms [1][2]. - The glass has excellent fire resistance and thermal insulation properties, allowing it to replace many traditional building materials while also being suitable for building-integrated photovoltaics (BIPV) projects [2][3]. Group 2: Technological Development and Production - The production of CdTe photovoltaic glass involves overcoming several technical challenges, including semiconductor doping, crystal growth, and laser processing, with a total thickness of the CdTe film layer being approximately 3 micrometers [2][3]. - The company has developed its own production equipment after years of research, achieving a product yield rate exceeding 97% and matching international advanced levels in product and equipment performance [2][3]. Group 3: Market Strategy and Future Goals - The company aims to increase the conversion efficiency of CdTe photovoltaic glass to over 18% and is focusing on expanding new application scenarios to find growth opportunities in a saturated market [3]. - The integration of CdTe photovoltaic glass in architectural designs is becoming more common, with recent applications in significant projects, indicating a shift towards innovative building materials in the construction industry [3].

Core Insights - Sunshine New Energy recently launched its new family energy station and published a guide for zero-carbon living, aiming to provide users with a comprehensive approach to sustainable energy solutions [1][3] Product Features - The new BIPV (Building-Integrated Photovoltaics) energy station features aesthetic, functional, and intelligent upgrades, including a new photovoltaic tile design that integrates seamlessly with various roof types [1] - The product breaks away from traditional color limitations, offering innovative color options that cater to user preferences for personalization [1][3] Technological Advancements - The energy station is designed for full roof coverage and optimized shadow management, allowing for higher energy generation and more flexible electricity usage [3] - The HEMS (Home Energy Management System) has evolved to connect the entire energy chain of generation, storage, and consumption, enabling smart control of household appliances [3] - AI technology is utilized to learn household energy habits, proactively managing backup power and optimizing energy usage strategies, resulting in an 8% reduction in electricity costs [3] Safety and Reliability - The product features a unique five-dimensional three-level protection system and a storm protection mode for extreme weather conditions, ensuring seamless energy storage and backup [3] Market Research and Trends - Sunshine New Energy collaborated with Xiaohongshu to release the "Zero Carbon Living Guide," which visualizes technological pathways and includes extensive user research and real-world case studies [3] - The report is based on over 3.7 billion interactions related to villa design and photovoltaic topics on Xiaohongshu, along with surveys of over a thousand high-net-worth families, focusing on trends in energy independence, cost reduction, and safety [3] Future Outlook - Experts predict that future home living will prioritize not only comfort but also sustainable aesthetics, with expectations for energy self-sufficiency, reduced consumption, uninterrupted power supply, enhanced safety, and AI-driven smart living [3]