Core Insights - The efficiency of small-area metal halide perovskite solar cells has reached 27%, comparable to commercial silicon cells, but long-term stability remains a challenge [1][2] - The research team from Nanjing University of Aeronautics and Astronautics developed a gas-assisted surface reconstruction technology that suppresses irreversible degradation in outdoor environments, achieving stability comparable to commercial silicon solar cells [1] - The new technology significantly reduces production costs and is compatible with existing photovoltaic production lines, marking a critical step towards industrialization [2] Group 1 - The gas-assisted surface reconstruction technology allows for in-situ reconstruction of perovskite surface structures, isolating defect-rich surface units and suppressing irreversible ion migration [1][2] - The power conversion efficiency of the 0.16 cm² cell and the 785 cm² module reached 25.3% and 19.6%, respectively [2] - The estimated T80 lifespan of the module is projected to reach 2478 cycles, equivalent to over 6.7 years of operation at 25°C, translating to an outdoor lifespan exceeding 25 years, making it the most stable perovskite module in current research [2]

观察当前中国发展，"稳定"和"创新"是两个关键词。在变革时代，稳定对世界至关重要；没有创新，人 类就无法应对所面临的挑战。 广东深圳的快速发展，就得益于这两方面的成功实践，也是中国转型发展成果累累的一个例证。深圳曾 是一个不起眼的渔村，如今已发展成为拥有近1800万人口的大都市，汇聚了华为、腾讯、比亚迪、大疆 等科技企业。每次到访深圳，我都能切身感受到这座城市在绿色创新方面取得的进步。今年4月重访深 圳，"深圳奇迹"再度令我深受震撼。深圳不仅实现了经济快速增长，更展现出卓越的环保意识：全市所 有公交车和出租车均为电动汽车，城市中心拥有广阔的绿色走廊和湿地，为迁徙候鸟提供了重要栖息 地。 一段时间以来，个别国家宣布退出气候变化《巴黎协定》和世界卫生组织，不断挑起关税争端，这些做 法使世界陷入巨大的不确定性中。中国的稳定发展与此形成鲜明对比。中国2025年经济增长预期目标在 5%左右，将继续成为拉动全球经济增长的重要引擎。中国还制定了一整套应对气候变化的方案，二氧 化碳排放力争在2030年前达到峰值，努力争取2060年前实现碳中和。中国在气候行动中积极承担大国责 任，处于全球绿色科技价值链的领先地位，为全球绿色转 ...

Core Viewpoint - The research conducted by the team from Nanjing University of Aeronautics and Astronautics addresses the long-term stability challenges of perovskite solar cells in outdoor environments, achieving comparable performance to commercial silicon solar cells [1][2]. Group 1: Research Findings - The study published in Science on May 29, 2025, introduced a vapor-assisted surface reconstruction technique that mitigates irreversible degradation in industrial-scale perovskite solar modules [1]. - The developed perovskite solar module, with an area of approximately 0.8 square meters, achieved a power conversion efficiency of about 19.6%, maintaining this output after 45 days of outdoor operation in summer [1]. - The research team effectively isolated surface defects using vapor deposition techniques, which reduced ion migration and surface ion defect concentration, thus controlling the dynamics of ion migration during light-dark cycles [1]. Group 2: Performance Metrics - The industrial-scale perovskite solar module, measuring 785 square centimeters, maintained over 97% of its initial efficiency after 101 light-dark cycles at 50 degrees Celsius, demonstrating excellent stability [1]. - The stability performance of the perovskite solar module in harsh summer conditions was comparable to that of the control silicon battery group [1]. Group 3: Technological Advancements - The two studies form a technological closed loop, systematically addressing the stability challenges across the entire chain from laboratory to production line to outdoor application, with related technologies already patented [2].

Financial Data and Key Metrics Changes - The company reported a stable revenue forecast of $80 million for the upcoming quarter, with a worst-case scenario of $75 million, indicating resilience despite potential market fluctuations [15][16] - The company anticipates that even with adverse ITC decisions, it could see a revenue drop to $71 million in 2026 without incurring losses, showcasing a strong profit outlook for the next year [15][16] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided in the meeting Market Data and Key Metrics Changes - The company is currently navigating ITC market issues, which may cause some revenue instability in the short term, but overall forecasts remain positive [14][15] Company Strategy and Development Direction and Industry Competition - The approval of the equity incentive plan amendment allows the company to reserve additional shares for growth through acquisitions, indicating a strategic focus on expansion [11][13] - The company is preparing for potential challenges in the ITC landscape, with management expressing confidence in navigating these issues without significant financial impact [14][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the current ITC market problems but expressed confidence in the company's ability to maintain profitability and stability in revenue [15][16] - A more detailed analysis of the ITC issues is expected in the following week, indicating ongoing monitoring and strategic planning [14] Other Important Information - The company successfully elected all director nominees and ratified the selection of BDO as the independent registered accounting firm for 2025 [11] Q&A Session Summary Question: What is the outlook for revenue given the current ITC issues? - Management indicated that despite potential revenue fluctuations due to ITC market problems, the forecast remains stable at $80 million, with a worst-case scenario of $75 million [15] Question: How will the company handle potential revenue drops in 2026? - Management stated that even if revenue falls to $71 million in 2026, the company would still remain profitable, demonstrating strong financial health [15][16]

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]

Debt Restructuring and Management - The company is actively negotiating a debt settlement plan with Putana Limited, its investment fund creditor, due to the expiration of Putana's investment term and the inability to extend or renew any outstanding debts [1] - The company has introduced strategic investor Pandana Capital Limited to acquire the debts owed to Putana, with Pandana currently in the process of phased debt acquisition [1] - A legal letter from Putana's law firm claims that approximately $3.65 million of debt remains unpaid, hindering the completion of the debt acquisition [1] - The company is exploring various solutions with Pandana, including partial repayment, debt capitalization, and/or extending the maturity of defaulted debts [1][2] Energy Business Initiatives - The company is investing in a new energy project in Fushan, Shanxi Province, focusing on a flywheel-lithium iron phosphate battery hybrid energy storage system, with a total capacity of 150 MW [3] - A feasibility study for the Fushan project is expected to be completed by May 2025, with construction anticipated to begin in the second half of 2025 and completion projected for the first half of 2026 [3] Logistics Business Development - The company is in the process of acquiring Zhilian Cloud, a logistics cloud technology platform in China, to expand revenue sources and enhance profit margins in its logistics business [4] - The acquisition is currently delayed due to internal restructuring at Zhilian Cloud and its affiliated companies, with ongoing discussions between the company, the seller, and Zhilian Cloud to advance the acquisition or explore other collaboration opportunities in smart logistics [4]

作为中国重要的制造业和外贸城市，宁波拥有坚实的产业基础。2024年，宁波实现GDP1.8万余亿元、 外贸出口额近9500亿元、工业增加值7000余亿元，分别位列全国城市第11、第4和第5位。目前，宁波全 市拥有规上工业企业1.07万家、外贸企业2.9万家，构建形成门类齐全、完整可靠的产业链供应链。 中国国际经济技术交流中心副主任李抒音在会上表示，面对当前全球经济不确定性上升的背景，中国企 业应主动加强对联合国采购体系的了解，提升产品与服务的国际竞争力，积极对标国际标准和规则，不 断增强参与全球可持续供应体系的能力。 中新网宁波5月28日电 (张斌刘子琳)28日，2025联合国机构专场采购需求对接会在浙江宁波举行，旨在 进一步推动包括宁波企业在内的中国企业加快融入联合国采购体系，拓展国际公共采购市场新空间。 会上，来自联合国多个机构的代表介绍了2025年采购需求，并与中方企业代表围绕合作流程、准入机 制、投标规范等展开深入交流。联合国秘书处采购司司长聂莉斯·梅塞德斯·贝兹(Neris Baez De Mazzora) 介绍，2024年能源类产品成为联合国秘书处从中国采购金额最高的品类。"推动向可再生能源的转型， ...

Group 1 - Gaziantep, an important city along the ancient Silk Road, aims to revitalize its historical significance through collaboration with China [1] - The city is focusing on sustainable development, smart city applications, environmental protection, and improving citizen welfare, seeking to learn from China's urban governance modernization [1][3] - Gaziantep's mayor, Fatma Sahin, emphasizes the importance of transforming existing industrial parks into green, low-carbon, and resilient areas, requiring partnerships with leading Chinese industries [3][4] Group 2 - Gaziantep is known for its industrial sector, particularly in textiles and manufacturing, and is looking to enhance cooperation with Chinese cities that have established high-quality artificial intelligence industries [3] - The city welcomes Chinese solar energy companies to set up factories locally, with existing collaborations already in place between Chinese firms and local companies in the solar sector [4]

Core Insights - The article highlights the rapid growth of enterprises in Huadu, which is recognized as a key economic zone in the Guangdong-Hong Kong-Macao Greater Bay Area, with over 250,000 active business entities [1][2] - Huadu District has been awarded the title of the best economic functional area in the Greater Bay Area for 2024, following its upgrade to a national economic and technological development zone [1] Taxation and Business Environment - The local tax authorities have focused on enhancing tax policies, providing certainty in tax services, and implementing intelligent tax payment services to create a favorable business environment for enterprises [1] - Specific measures include the introduction of a "new taxpayer package," streamlined processes, and digital invoicing services to support new businesses [1][2] - The tax department aims to simplify tax registration, invoicing, and tax declaration processes, ultimately reducing operational costs for new enterprises [2]

Key Points - The company plans to repurchase its shares to enhance investor confidence and reduce registered capital [9][25] - The repurchase will involve A-shares and will be conducted through centralized bidding [2][5] - The maximum repurchase price is set at RMB 6.69 per share [4][15] - The total funds allocated for the repurchase will be between RMB 1 billion and RMB 2 billion [4][18] - The estimated number of shares to be repurchased ranges from approximately 14.95 million to 29.90 million, representing 0.38% to 0.76% of the total share capital [5][24] - The repurchase period will last for 12 months from the date of approval by the shareholders' meeting [6][21] - The company has opened a special securities account for the repurchase [7][34] - The funds for the repurchase will be sourced from the company's own funds, with a commitment from a bank for a special loan of up to RMB 1.8 billion [20][35] - The company has fulfilled the legal requirements for notifying creditors regarding the share repurchase [28][36] - The board of directors has committed to ensuring that the repurchase will not harm the company's debt repayment ability or ongoing operations [25][26]