Core Viewpoint - The company is focusing on the niche market of photovoltaic silicon wafer cutting, leveraging its "equipment + consumables + process" technology closed-loop advantage to lead the thin wafer trend in the industry [1] Group 1: Product Development - In 2022, the company launched an 80μm ultra-thin silicon wafer, followed by a 60μm ultra-thin silicon wafer in 2023, and recently introduced a 50μm ultra-thin silicon wafer [1] - The demand for ultra-thin silicon wafers is expected to increase with the application of ultra-thin flexible HJT batteries in space photovoltaics [1] Group 2: Technical Barriers and Industry Position - The cutting technology for ultra-thin silicon wafers has relatively high technical barriers, requiring advanced cutting equipment, diamond wires, and cutting processes [1] - The company has laid out and planned a path for continuous improvement in the yield of ultra-thin silicon wafers, aiding the industry in accelerating the mass production pace of ultra-thin silicon wafers [1]

Group 1 - The core viewpoint of the articles highlights the speculative nature of the recent surge in the stock price of Tuojin New Energy, driven by Elon Musk's mention of "space data centers" at Davos, leading to significant trading activity and volatility [1][2] - Tuojin New Energy is a comprehensive player in the photovoltaic industry with vertical advantages, which has allowed it to withstand industry challenges better than others, supported by its historical experience supplying silicon batteries for satellites [1] - Despite the hype around its "space business," the company has not secured new satellite orders recently, and its financial performance has been poor, with a projected net profit of only over 30 million yuan for 2023 and 2024 combined, and a revenue drop of 27.23% year-on-year in the first three quarters of 2025 [1][2] Group 2 - The company has plans for a perovskite battery production line, which is set to trial this year; however, trial production does not guarantee mass production or profitability, indicating a long road ahead for the company to realize any significant contributions from this line [2] - The current stock price increase appears to be driven more by speculative capital rather than solid performance metrics, with investors more focused on the narrative rather than the company's actual financial health [2]

(上证e互动) 1月28日，高测股份在互动平台表示，由于光伏电池技术路线的选择，公司目前批量供应的硅片主流厚 度仍以100-130μm为主，已具备小批量交付60-80μm硅片能力，并已推出50μm超薄硅片。近期已有多家 电池头部客户及研究机构提出50μm硅片送样测试需求，超薄硅片将随着太空光伏超薄柔性HJT电池的 应用逐步打开需求。公司已布局超薄硅片技术，并规划了持续提升良率的路径，将不断通过技术创新助 力行业加快超薄硅片量产节奏。 ...

Core Viewpoint - The company is advancing in the field of ultra-thin silicon wafer cutting, particularly with the introduction of 50μm ultra-thin silicon wafers, which are expected to meet the growing demand from projects like SpaceX's Starlink [1] Group 1: Company Developments - The company has launched 50μm ultra-thin silicon wafer cutting technology [1] - It is actively preparing for even thinner silicon wafer cutting technologies [1] - The company aims to improve the yield rate of ultra-thin silicon wafer cutting to accelerate mass production in the industry [1] Group 2: Industry Trends - The application validation of space photovoltaic HJT ultra-thin flexible batteries is progressing, which is anticipated to drive the demand for flexible ultra-thin silicon wafers in the future [1]

Core Viewpoint - The company has initiated a significant investment in the photovoltaic industry, with a focus on the construction of a solar project in Bosnia, which is progressing as planned [1]. Group 1: Investment Progress - The company has confirmed that the 125MWp photovoltaic project in Bosnia, known as the Komany Mountain project, officially commenced construction in April 2025 [1]. - As of the end of December 2025, the overall project progress is approximately 70%, indicating that all work is proceeding according to schedule [1].

各位朋友，收盘了。我是帮主郑重。如果你只盯着涨幅榜，会觉得今天是个大牛市——中国铝业涨停创 下16年新高，中国海油也续写历史，整个资源板块热火朝天。但如果你看一眼全市场，心可能就凉了半 截：超过3600只股票下跌，创业板翻绿，多数人手里拿的科技、医药股都在调整。这种"一花独放，百 花凋零"的极端行情，到底在演哪一出？是机会还是陷阱？帮主用二十年经验告诉你，这恰恰是行情进 入关键分水岭的典型特征，看懂它，才能决定明天是该冲锋还是该防守。 我们先说这朵"独放的花"——以有色金属为核心的资源股。中国铝业能走出16年新高，这绝不是游资炒 一把就走那么简单。它背后是三重坚硬的逻辑在支撑：第一，是全球"再通胀"和美元波动的宏观叙事， 资金在寻找实体资产的庇护；第二，是新能源、高端制造对铜、铝、稀土等金属的 "新需求故事" ，给 了传统周期行业新的成长想象；第三，也是最关键的一点，是它们之前被市场遗忘太久，估值躺在底 部，一旦逻辑被认同，就形成了巨大的 "估值修复"势能。这波行情，有根基。 但为什么"百花"会凋零呢？核心在于两个字："抽血"。现在的市场，不是一个增量资金汹涌而入的牛 市，而是一个存量甚至缩量博弈的战场。上午 ...

Core Viewpoint - The company is focusing on the photovoltaic silicon wafer cutting segment, leveraging its "equipment + consumables + process" technology closed-loop advantage to lead the thin wafer trend in the industry [1] Group 1: Product Development - In 2022, the company launched an 80μm ultra-thin silicon wafer, followed by a 60μm ultra-thin silicon wafer in 2023, and recently introduced a 50μm ultra-thin silicon wafer [1] - The demand for ultra-thin silicon wafers is expected to grow with the application of space photovoltaic ultra-thin flexible HJT batteries [1] Group 2: Technical Barriers and Industry Position - The cutting technology for ultra-thin silicon wafers has relatively high technical barriers, requiring advanced cutting equipment, diamond wires, and cutting processes [1] - The company has laid out and planned a path for continuous improvement in the yield of ultra-thin silicon wafers, aiding the industry in accelerating the mass production pace of ultra-thin silicon wafers [1]

期货日报网讯(记者刘威魁)今年以来，战略性新兴产业蓬勃发展，锂电、光伏、新能源汽车等重点领域创新突破不断加快，成为经济高质量发展的重要支 撑。为进一步理新能源市场在这场周期轮回的市场机遇，近日，弘则研究在上海举办了以"供需预期修复把握锂硅新周期"为主题的新能源专场会议，吸引了 来自光伏、锂电产业链上下游企业、贸易公司、金融机构等津400人参与，共同探讨新能源市场供需格局、价格走势及期货工具在产业风险管理中的应用， 助力光伏、锂电产业链企业应对市场波动、实现高质量发展。 会议主持人：弘则研究新能源板块负责人鹿杭杭 在2026年晶硅展望的主题演讲中，弘则研究资深晶硅分析师刘艺羡认为，2026年多晶硅市场的弱需求是一致性预期。"2025年上半年，多晶硅市场交易过剩 矛盾，估值压到产业最低成本3万元/吨附近，反内卷政策是最大预期差，二季度因反内卷修复期现持货意愿、不低于完全成本销售的约束，多晶硅绝对价格 修复到5万-6万元/吨宽幅震荡，博弈的矛盾主要在于弱需求过剩的现实不改、平台公司成立预期。"刘艺羡认为，20256年，中性预期全球装机折硅料需求在 114万吨，若考虑硅片直接需求或是间接出口口径需求分别在135/11 ...

格隆汇1月28日丨高测股份(688556.SH)在投资者互动平台表示，公司深耕光伏硅片切割细分领域，充分 发挥"设备+耗材+工艺"技术闭环优势，持续引领硅片薄片化进程。2022年公司首发80μm超薄硅片， 2023年首发60μm超薄硅片，并已在近期推出50μm超薄硅片。超薄硅片的需求预计将随着太空光伏超薄 柔性HJT电池的应用逐步打开。超薄硅片切割技术壁垒相对较高，对切割设备、金刚线及切割工艺都提 出了更高要求，公司已布局并规划超薄硅片良率持续提升路径，助力行业加快超薄硅片量产节奏。 ...

1月27日晚，东方日升（300118.SZ）发布2025年业绩预告，预计2025年全年归属于上市公司股东的净亏 损为23亿—29亿元；预计2025年全年归属于上市公司股东的扣除非经常性损益的净亏损为26亿—32亿 元。 过去一年，东方日升试图从"以组件为主"向"光储协同"战略转型，但期间遭遇了组件业务持续亏损、高 层变动、储能业务不及预期等多重问题，其业绩下滑在预期之内。 相比之下，HJT技术虽然在电站全生命周期发电量方面表现突出——其高转换效率、低光致衰减率及优 异双面发电特性，能够有效降低平准化度电成本，但现阶段生产成本仍高于TOPCon。这主要源于两大 不过，就在近期，随着SpaceX星链计划等商业航天项目的推进，太空光伏概念爆火，拥有异质结 （HJT）技术的东方日升股价在1月23日、26日收盘价格涨幅偏离值累计超过30%。公司在异动公告中 紧急澄清，直言"商业航天、太空光伏应用场景尚处于探索阶段，产业化进程仍面临不确定性"，并明确 表示"公司光伏产品未直接向商业航天卫星公司供货"。这份澄清，犹如一盆冷水，试图浇灭市场无端的 热情。1月27日，其收盘价22.93元/股，涨幅1.82%，总市值261亿元。 ...