来源：新浪基金∞工作室 11月24日，晶科能源跌0.18%，截至发稿，报5.56元/股，成交4.48亿元，换手率0.80%，总市值556.29亿 元。晶科能源股价已经连续4天下跌，区间累计跌幅11.89%。 资料显示，晶科能源股份有限公司位于上海市闵行区申长路1466弄1号晶科中心，成立日期2006年12月 13日，上市日期2022年1月26日，公司主营业务涉及太阳能光伏组件、电池片、硅片的研发、生产和销 售以及光伏技术的应用和产业化,并以此为基础向全球客户提供高效、高质量的太阳能光伏产品。主营 业务收入构成为：产品销售100.00%。 从基金十大重仓股角度 红塔红土稳健添利混合A（014360）成立日期2022年3月30日，最新规模4837.98万。今年以来收益 13.56%，同类排名4621/8209；近一年收益11.92%，同类排名4645/8129；成立以来收益14.93%。 红塔红土稳健添利混合A（014360）基金经理为赵耀。 截至发稿，赵耀累计任职时间10年206天，现任基金资产总规模16.99亿元，任职期间最佳基金回报 97.54%， 任职期间最差基金回报-13.33%。 风险提示：市场有风险 ...

今天分享的是：香港科技大学：2025年全球供应链报告（摘要） 报告共计：18页 2025年全球供应链核心趋势与行业格局总结 2025年全球供应链正被地缘政治、政策导向、技术革新等多重因素重塑，呈现多元化、区域化、绿色化的显著特征。各行业供 应链在调整中寻求韧性与效率的平衡，中国仍保持核心地位，新兴制造基地加速崛起。 地缘政治与贸易政策深刻影响供应链布局，区域化与本土化趋势凸显。自由贸易协定成为优化供应链的关键抓手，通过降低跨 境流动成本，推动区域产业集群形成。同时，各国本土发展政策通过补贴、税收优惠等手段，助力本土制造业升级，降低对外 依赖。成本因素驱动产能重构，企业纷纷向成本优势地区迁移，形成全球制造枢纽的地理再分布。 以下为报告节选内容 技术革新全面赋能供应链转型，人工智能、物联网、区块链等技术提升了物流与库存管理的透明度和效率，自动化与3D打印技 术催生按需生产模式，减少资源浪费。各行业技术突破不断，在光伏、电动汽车等领域，技术迭代巩固了领先企业的市场地 位。 全球供应链报告 综述 电动汽车 太阳能光伏 服装 医疗设备 2025年2月 中文摘要版 环境可持续发展成为供应链核心价值标准，"绿色合规"推动企 ...

11月21日，晶科能源跌5.11%，截至发稿，报5.57元/股，成交3.52亿元，换手率0.62%，总市值557.29亿 元。 资料显示，晶科能源股份有限公司位于上海市闵行区申长路1466弄1号晶科中心，成立日期2006年12月 13日，上市日期2022年1月26日，公司主营业务涉及太阳能光伏组件、电池片、硅片的研发、生产和销 售以及光伏技术的应用和产业化,并以此为基础向全球客户提供高效、高质量的太阳能光伏产品。主营 业务收入构成为：产品销售100.00%。 从晶科能源十大流通股东角度 易方达上证科创板50ETF（588080）基金经理为林伟斌、成曦。 截至发稿，林伟斌累计任职时间12年264天，现任基金资产总规模1226.92亿元，任职期间最佳基金回报 84.68%， 任职期间最差基金回报-22.14%。 成曦累计任职时间9年201天，现任基金资产总规模2501.21亿元，任职期间最佳基金回报131.04%， 任 职期间最差基金回报-67.89%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参 ...

来源：新浪证券-红岸工作室 11月20日，晶科能源跌4.71%，成交额7.49亿元。两融数据显示，当日晶科能源获融资买入额7608.35万 元，融资偿还7270.30万元，融资净买入338.05万元。截至11月20日，晶科能源融资融券余额合计9.24亿 元。 融资方面，晶科能源当日融资买入7608.35万元。当前融资余额9.21亿元，占流通市值的1.57%，融资余 额超过近一年90%分位水平，处于高位。 截至9月30日，晶科能源股东户数7.73万，较上期增加4.14%；人均流通股129456股，较上期减少 3.97%。2025年1月-9月，晶科能源实现营业收入479.86亿元，同比减少33.14%；归母净利润-39.20亿 元，同比减少422.67%。 分红方面，晶科能源A股上市后累计派现33.55亿元。近三年，累计派现31.25亿元。 机构持仓方面，截止2025年9月30日，晶科能源十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股3.06亿股，相比上期减少1.32亿股。易方达上证科创板50ETF（588080）位居第六大流通 股东，持股1.47亿股，相比上期减少1824.29万股。华夏上证科创 ...

Core Viewpoint - The company, Jingao Technology, focuses on the research, production, and sales of solar photovoltaic silicon wafers, cells, and modules, as well as the development, construction, and operation of solar power plants, and the research, production, and sales of photovoltaic materials and equipment. Currently, it does not engage in polysilicon business but will monitor various industry sectors based on its development needs [1]. Group 1 - The main business of the company includes solar photovoltaic silicon wafers, cells, and modules [1] - The company is involved in the development, construction, and operation of solar power plants [1] - The company also focuses on the research, production, and sales of photovoltaic materials and equipment [1] Group 2 - The company does not currently engage in polysilicon business [1] - The company will keep an eye on different industry sectors according to its development needs [1]

Core Viewpoint - Jingao Technology (002459.SZ) focuses on the research, production, and sales of solar photovoltaic silicon wafers, cells, and modules, as well as the development, construction, and operation of solar photovoltaic power plants, and the research, production, and sales of photovoltaic materials and equipment. The company currently does not engage in polysilicon business but will monitor various industry sectors based on its development needs [1]. Group 1 - The main business of the company includes solar photovoltaic silicon wafers, cells, and modules [1] - The company is involved in the development, construction, and operation of solar photovoltaic power plants [1] - The company also focuses on the research, production, and sales of photovoltaic materials and equipment [1] Group 2 - The company does not currently engage in polysilicon business [1] - The company will keep an eye on different industry sectors according to its development needs [1]

央视网消息：2025年前10个月，广州市货物贸易进出口1.02万亿元，这是广州市首次在10个月时间内突破外贸万亿元大关。其中， 出口增长超20%，增速位居全国主要外贸城市首位。 据广州海关统计，2025年前10个月，广州市货物贸易进出口1.02万亿元，同比增长12.1%，占广东省外贸总值约13%。在出口商品 中，"新三样"产品表现尤为亮眼。 在广州花都区这家家新能源企业，一批货值超70万元的太阳能光伏组件正在装箱，准备发往南非。 企业的海外订单持续增长，对通关效率要求也相应提高。为保障光伏产品等"新三样"产品高效出口，广州海关持续推动"一港通"等 粤港澳大湾区物流一体化改革。企业只需一次申报，货物在珠江内河码头报关放行后，就能快速发往南沙港等沿海港口，不需再履 行其他手续、直接装船出海。 广州海关所属花都海关副关长高鹏介绍，2025年前10月，广州市"新三样"产品出口199.4亿元，同比增长52.8%。其中，光伏产品出 口16.2亿元，同比增长2.3倍。 外贸企业负责人董晓婷介绍，目前，生产计划已安排到了12月份。2025年前10月，公司出口货值近2.2亿元，同比增长5.5倍。 ...

"目前实验室里最常用的钙钛矿太阳能电池的制备方法是溶液法，但在溶液制备过程中会使用到一些有 毒溶剂，对健康和环境不友好，阻碍了大规模生产。"论文第一作者博士生徐雨田解释。而团队采用 的"全真空热蒸发"技术，像在真空罐里"蒸镀"薄膜。它将原材料加热，使其以分子或原子的形式"飞"到 基板上，均匀凝结成膜。这种方法全程无溶剂，工艺控制精准，膜层均匀致密，被认为是将高性能钙钛 矿光伏器件从实验室推向生产线的"理想候选"。 "传统的材料体系和蒸发顺序，难以形成高质量的钙钛矿结晶薄膜。"论文通讯作者陈永华教授介绍，团 队提出了一种"反向逐层"沉积策略，结合一种自组装分子的"黏合剂"作用，最终"生长"出高质量、结构 完美的钙钛矿晶体薄膜。 "本研究的三大亮点在于——高效率、高稳定性和大面积制备性能优异。这三者结合，清晰地勾勒出该 技术广阔的产业化前景。"论文通讯作者黄维院士总结，该成果不仅刷新了全真空热蒸发技术制备钙钛 矿太阳能电池的世界纪录，更通过深入的理论研究，为未来进一步优化工艺，大规模制造更大面积、高 效、稳定、环境友好的钙钛矿光伏器件提供了坚实的科学基础。 □ 本报记者谢诗涵 作为新一代光伏技术的希望，钙钛矿太阳 ...

Core Insights - Recent breakthroughs in perovskite battery technology have garnered significant market attention, with notable advancements in efficiency and durability [1] - The perovskite battery has achieved an energy conversion efficiency of 27.2% and maintains over 82% performance after 1000 hours at 85 degrees Celsius, meeting key commercialization requirements [1] - Collaborative efforts have led to record efficiencies of 33.4% in laboratory settings for flexible perovskite batteries, with practical components nearing 30% efficiency [1] Industry Developments - Companies are actively engaging in the perovskite sector, with many expressing confidence in its potential to replace silicon technology in the solar market [4] - The market for low-temperature conductive pastes is expected to grow as perovskite and tandem battery technologies advance [3] - Companies like 京山轻机 and 京东方 are focusing on developing comprehensive solutions for perovskite solar cells, leveraging existing technologies from semiconductor manufacturing [6][7] Company Strategies - 帝尔激光 has established technical reserves in laser equipment for the production of perovskite solar cells [2] - 苏州固锝 is a leading supplier of conductive pastes for solar cells, continuously improving product performance to meet market demands [3] - 捷佳伟创 has built a pilot line for perovskite batteries and is actively participating in various projects, showcasing its capability in providing complete equipment solutions [4] Market Trends - The perovskite battery market is witnessing increased investor interest, with companies reporting frequent inquiries from investors regarding their involvement in this technology [1] - The overall market for perovskite materials and technologies is expected to expand significantly, with companies like 隆华科技 and 钧达股份 focusing on enhancing their production capabilities and market presence [9][10]

Core Insights - JinkoSolar's stock increased by 1.82% on November 13, with a trading volume of 822 million yuan, indicating a positive market response [1] - The company experienced a net financing outflow of 414.95 million yuan on the same day, with a total financing and margin balance of 879 million yuan, which is high compared to historical levels [1] - JinkoSolar's revenue for the first nine months of 2025 was 47.986 billion yuan, a year-on-year decrease of 33.14%, and the net profit attributable to shareholders was -3.92 billion yuan, a significant decline of 422.67% [2] Financing and Margin Data - On November 13, JinkoSolar had a financing buy-in of 59.186 million yuan, with a current financing balance of 878 million yuan, representing 1.42% of its market capitalization [1] - The company’s margin trading showed a low short-selling balance of 1.8486 million yuan, indicating a low level of short interest compared to historical data [1] Shareholder and Dividend Information - As of September 30, 2025, JinkoSolar had 77,300 shareholders, an increase of 4.14% from the previous period, while the average number of circulating shares per shareholder decreased by 3.97% [2] - The company has distributed a total of 3.355 billion yuan in dividends since its A-share listing, with 3.125 billion yuan distributed over the past three years [3] - Major shareholders include Hong Kong Central Clearing Limited, which holds 306 million shares, a decrease of 132 million shares from the previous period [3]