Group 1 - The China Securities Regulatory Commission (CSRC) has requested JinkoSolar Technology Co., Ltd. to provide supplementary information regarding pending litigation and safety production-related administrative penalties before its overseas listing [1][2] - JinkoSolar's main business includes the research, production, and sales of solar photovoltaic silicon wafers, cells, modules, and energy storage systems, as well as the development, construction, and operation of solar power plants [2] - According to Frost & Sullivan, JinkoSolar ranked third globally in photovoltaic module shipments in 2024, with a market share of 12.3%, and has maintained a position in the global top four for ten consecutive years since 2015 [2] Group 2 - As of December 31, 2024, JinkoSolar's products are sold in 178 countries and regions worldwide, with over half of its sales revenue coming from international markets [2] - The company has established 16 overseas sales offices and seven regional operation centers globally [2]

太阳能光伏和风能是可再生能源领域的重要贡献者，分别占2024年总装机容量的56%和33%。亚太地区是这两种能源的最大市场。 1 September 1 17 11 17 全球可再生能源装机容量预计将从2024年的3.42太瓦（TW）到2035年达到11.2太瓦（TW），其中太阳能和风能占主导地位。 根据GlobalData的《可再生能源：战略情报》，这反映了从2024年到2035年的累计年增长率（CAGR）为11%。产能的增加将主要受到成本下降和强有力的 政策支持的推动。 GlobalData指出，全球可再生能源市场从2015年的0.93TW扩大到2024年底的3.42TW，复合年增长率为16%。 展望未来，到2030年，陆上风电行业预计将增长到1869亿美元，海上风电行业将增长到1504亿美元。这些数据表明，陆上风电的复合年增长率为4%，海上 风电的复合年增长率为14%，表明这些可再生能源的增长轨迹强劲。 （素材来自：GlobalData 新能源网综合） 太阳能光伏投资将超过陆上和海上风能行业。 仅在2024年，太阳能就获得了3291亿美元的投资，而陆上风电和海上风电的投资分别为1512亿美元和696亿美元 ...

Core Viewpoint - The article discusses the upcoming Third Perovskite Materials and Devices Industry Development Forum, highlighting its significance in advancing perovskite solar cell technology and industry collaboration [1][14]. Event Details - The forum will take place from May 23 to 24, 2025, at the Shangri-La Hotel in Suzhou, Jiangsu [1][6]. - The event is organized by the Chinese Academy of Sciences, Ningbo Institute of Materials Technology and Engineering, and Huazhong University of Science and Technology, among others [2][3]. Agenda Highlights - The forum will feature keynote speeches and specialized reports on topics such as cost competitiveness of perovskite photovoltaics, industrialization challenges, and innovative applications [14][15]. - Notable speakers include experts from Shanghai Jiao Tong University, Huazhong University of Science and Technology, and various leading companies in the solar energy sector [14][15]. Participating Organizations - A diverse range of companies and institutions will participate, including major players like LONGi Green Energy, Trina Solar, and various universities and research institutes [9][10][12]. - The event aims to foster collaboration among industry leaders, researchers, and policymakers to address challenges in perovskite solar cell commercialization [14][15]. Logistics and Accommodation - Attendees can register on May 22, with detailed transportation options provided for reaching the venue from nearby airports and train stations [6][7]. - Special accommodation rates are available at the Shangri-La Hotel and nearby hotels for participants [7][8].

Core Viewpoint - The article discusses the upcoming third Perovskite Materials and Devices Industry Development Forum, focusing on the advancements and challenges in the flexible perovskite photovoltaic sector, highlighting its potential applications and the need for collaborative solutions to overcome existing technical barriers [1][2]. Group 1: Forum Overview - The forum will take place on May 23-24 in Suzhou, featuring discussions on flexible perovskite photovoltaics, tandem cells, and applications in smart IoT and wearable devices [1]. - Notable experts and companies in the field, including researchers and emerging enterprises, will present their findings and innovations [1]. Group 2: Market Potential - Flexible perovskite technology is being integrated into various urban applications, with examples such as the "energy tree" at the Dubai Expo, which improved power generation efficiency by over 12% [2]. - The flexible perovskite market is projected to exceed 100 billion yuan by 2030, with diverse applications in BIPV, wearable electronics, portable energy, and vehicle-mounted photovoltaics [2]. Group 3: Technical Challenges - The industry faces significant challenges, including the need for low-temperature processes compatible with flexible substrates, as current polymer substrates have temperature limits around 150°C [3]. - There is a lack of consensus on precursor liquid formulations and processing methods, which complicates the production of flexible perovskite devices [3][4]. - The conflict between the physical properties of functional layers and packaging materials presents systemic obstacles, with high-performance packaging materials being scarce and costly [4]. Group 4: Production and Reliability - The precision of laser processing and thermal control is inadequate for large-area flexible substrates, leading to reliability issues in device performance [4]. - The roll-to-roll manufacturing process is seen as the ultimate goal, but the supporting ecosystem is still immature, with many domestic equipment providers lacking the necessary precision and consistency [5]. Group 5: Expert Contributions - Various experts will present their research and practical experiences at the forum, addressing key industry pain points from materials, processes, packaging, electrodes, testing, to market implementation [5][6][7][8][9][10][11].

Core Viewpoint - The third Perovskite Materials and Devices Industry Development Forum will be held on May 23-24 in Suzhou, focusing on flexible perovskite photovoltaics, perovskite tandem cells, and applications in smart IoT and wearable devices under indoor low-light conditions [1][2]. Group 1: Forum Overview - The forum is organized by the Ningbo Institute of Materials Technology and Engineering, Huazhong University of Science and Technology, and DT New Materials, with support from Suzhou University and Wuhan Jiuyue Optoelectronics Technology Co., Ltd [1][9]. - Notable experts and scholars, including Ye Jichun, Chen Wei, and Hu Xiaotian, will present at the forum, alongside emerging companies in the flexible field and leading rigid perovskite module enterprises [1][2]. Group 2: Key Topics and Challenges - The forum will address the challenges in the commercialization of flexible printable photovoltaic devices, such as material brittleness, interface instability, and limited choices for flexible transparent electrodes [2]. - Discussions will focus on achieving high efficiency and stability in large-scale production, optimizing the interface engineering of tandem cells, and developing high-performance flexible transparent electrodes [13]. Group 3: Future Applications - The most promising application areas for perovskite technology in the next 3-5 years include tandem photovoltaics, flexible photovoltaic applications for building-integrated photovoltaics (BIPV), and advanced consumer electronics like smart IoT and wearable devices [12][13]. - The forum aims to explore feasible commercialization paths for perovskite technology, particularly in overcoming current technical bottlenecks [13].

Core Viewpoint - The article discusses the recent price trends and dynamics in the photovoltaic (PV) industry, highlighting a general decline in prices across various segments, including polysilicon, wafers, cells, and modules, due to supply-demand imbalances and inventory pressures [2][3][21]. Polysilicon Segment - The mainstream transaction prices for N-type polysilicon are reported at 38 RMB/KG for re-investment material, 36 RMB/KG for dense material, and 34.5 RMB/KG for granular silicon [5][6]. - The trading volume of polysilicon remains low as downstream demand is insufficient to stimulate purchasing, leading to a cautious procurement approach [6][9]. - Inventory levels have increased, surpassing 300,000 tons, prompting manufacturers to consider production cuts to alleviate price pressures [8][9]. Wafer Segment - The mainstream transaction prices for N-type wafers are 0.95 RMB/piece for M10, 1.30 RMB/piece for G12, and 1.10 RMB/piece for G12R [11]. - Wafer prices have been declining for several weeks, forcing some manufacturers to adjust their operating rates, but this has not significantly impacted the overall market [12][14]. - Inventory levels are around 20 GW, with a high proportion of 183N and 210RN wafers, indicating a shift in demand structure [13]. Cell Segment - The mainstream transaction prices for N-type cells are 0.260 RMB/W for M10, 0.280 RMB/W for G12, and 0.260 RMB/W for G12R [16]. - Manufacturers are initiating production cuts to maintain prices, but the supply-demand balance remains tight, particularly for 183N cells [16][17]. - Inventory pressure is relatively light compared to other segments, with stable turnover days [17]. Module Segment - The mainstream transaction prices for modules are 0.68 RMB/W for 182mm TOPCon and 0.84 RMB/W for 210mm HJT [18]. - Demand for high-power modules is supported by short-term factors, while low-power products face intense competition [19]. - Prices for concentrated and distributed projects have stabilized, but overall market conditions suggest limited potential for price recovery without significant upstream production cuts [20].

Core Viewpoint - The third Perovskite Materials and Devices Industry Development Forum will focus on flexible perovskite photovoltaics, perovskite tandem cells, and applications in smart IoT and wearable devices under indoor low-light conditions, highlighting the industry's evolution and challenges in commercialization [1][10]. Group 1: Forum Overview - The forum will be held on May 23-24 in Suzhou, organized by the Chinese Academy of Sciences Ningbo Materials Technology and Engineering Research Institute and Huazhong University of Science and Technology [1][6]. - Notable experts and companies in the flexible perovskite field will participate, including representatives from GCL, Tongwei, and TÜV Rheinland, who will present cutting-edge technologies and industry trends [1][2]. Group 2: Industry Challenges and Developments - Perovskite solar cells are evolving towards tandem, multi-junction, and flexible applications, but challenges remain in balancing efficiency, size, stability, and cost control for mass production [2][10]. - Renshou Energy has achieved a commercial component efficiency of 20% for per square meter and over 26% for tandem components, with a production line of 150 MW and plans for GW-level capacity by 2025 [2][10]. Group 3: Future Applications - The most promising application areas for perovskite technology in the next 3-5 years include tandem photovoltaics, flexible photovoltaic applications for BIPV, and advanced consumer electronics [10]. - The forum will address technical challenges such as large-area production, interface engineering for tandem cells, and the development of high-performance flexible transparent electrodes [10].

Group 1: Economic Growth and Development - The Tian Ning District of Changzhou is experiencing significant economic growth, with a projected GDP surpassing 100 billion yuan in 2024 and ranking 37th in the national high-quality development list for urban districts [1] - The district's government has approved a comprehensive land use plan, positioning Tian Ning as a cultural and commercial center, and emphasizing the dual-driven model of advanced manufacturing and modern service industries [1][6] - The service sector plays a crucial role in the district's economy, contributing approximately 10% to the city's total economic output, with a projected revenue of 21.5 billion yuan in 2024 [6] Group 2: Consumer Engagement and Events - The district is leveraging major events like marathons and concerts to stimulate local consumption, with over 100,000 visitors during the recent holiday and record-breaking foot traffic in commercial areas [2][5] - The "ticket root economy" is being utilized to connect various consumer experiences, enhancing the overall shopping and dining environment around event venues [2] - Tian Ning is focusing on attracting flagship stores and high-quality brands to create a shopping environment that matches the city's economic capabilities, with significant sales and visitor numbers reported [2] Group 3: Youth Attraction and Urban Development - Tian Ning has seen a 30.18% increase in registered population over the past decade, becoming one of the fastest-growing urban areas in the province, driven by a vibrant entrepreneurial environment and appealing urban spaces [4] - The district is developing cultural and recreational routes to enhance tourism and local engagement, integrating historical and modern attractions to appeal to younger demographics [4] Group 4: Industrial Transformation and Innovation - Tian Ning is focusing on upgrading traditional industries and targeting high-growth sectors such as new energy vehicle components, third-generation semiconductors, and solar photovoltaic technology [7] - The district has established a strong presence in the inspection and certification industry, attracting top global firms and generating significant tax revenue and employment opportunities [6][7] - The integration of manufacturing and service industries is being emphasized to create a synergistic ecosystem that enhances value creation and operational efficiency [6][7]

Group 1: Company Overview and Strategy - The company focuses on the research, production, and sales of photovoltaic components and electrical protection products for solar power stations, with five production bases globally [2][3] - The company aims to enhance investor confidence through improved sales revenue and operational performance in the renewable energy sector [3] Group 2: Technological Innovations - The company has made advancements in solar photovoltaic connectors and junction boxes, enhancing performance in current and voltage capacity, weather resistance, and smart protection [3] - New product developments include energy storage connectors and micro-inverters, which are expected to strengthen the company's competitive position in international markets [3] Group 3: Financial Performance and Projections - The company reported a stable operational status with good order conditions, with specific financial details to be disclosed in the 2025 semi-annual report [4][5] - Future profit growth is anticipated from new product expansions, the establishment of a factory in the U.S., and the implementation of a self-supply model for bypass protection modules, which will reduce production costs [5] Group 4: Industry Outlook - According to the China Photovoltaic Industry Association, the global photovoltaic installed capacity is expected to grow by 10% year-on-year in 2025 under optimistic conditions [5] - The photovoltaic industry is facing increased competition and pressure on profitability due to a slowdown in demand growth across the supply chain [5]

Core Viewpoint - The article discusses the recent price trends and market dynamics in the photovoltaic (PV) industry, highlighting a downward pressure on prices across various segments including silicon materials, wafers, cells, and modules due to reduced demand and increased inventory levels [4][5][6][8][10][15][19]. Silicon Material Prices - The mainstream transaction prices for N-type silicon materials are reported as follows: N-type recycled material at 39 RMB/KG, N-type dense material at 37 RMB/KG, and N-type granular silicon at 35.5 RMB/KG [4][8]. - The trading volume for silicon materials remains low, with many manufacturers reluctant to accept prices below production costs [5]. - Silicon material output in May is estimated to be between 45.0-45.5 GW, with a rising inventory level leading to weakened production intentions among manufacturers [6][8]. Wafer Prices - The mainstream transaction prices for N-type wafers are: N-type M10 at 1.02 RMB/piece, N-type G12 at 1.32 RMB/piece, and N-type G12R at 1.15 RMB/piece [10]. - Wafer production is projected to be between 56-57 GW, reflecting a month-on-month decrease of approximately 9.0%, with manufacturers adopting a cautious approach due to reduced end-user demand [10][11]. Cell Prices - The mainstream transaction prices for N-type cells are: M10 at 0.265 RMB/W, G12 at 0.280 RMB/W, and G12R at 0.265 RMB/W [14]. - Monthly production is estimated at 60-61 GW, down about 7.0% from the previous month, with some manufacturers reducing output in response to declining demand [15][16]. Module Prices - The mainstream transaction prices for modules are: 182mm single-sided PERC at 0.69 RMB/W, 210mm single-sided PERC at 0.70 RMB/W, and 182mm double-sided TOPCon at 0.72 RMB/W [18]. - Module production is expected to be between 60-61 GW, down approximately 10.4% month-on-month, with low order continuity affecting the market [19][20].