关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤储能 资讯~ 封面图 | 图虫创意 12月23日，海博思创公告称，公司全资子公司海博思创智造拟开展"海博思创智能绿色储能工厂项目"，项目投资总额预计20亿元人民币，拟选址于北京市 房山区北京高端制造业基地。 本项目位于北京市房山区北京高端制造业基地，核心业务涵盖储能集成系统的研发、制造与测试。项目将建设包含系统集成产线、研发测试中心及配套设施 的一体化储能产业基地，旨在进一步提升规模化、智能化的高端储能产品研发、制造及测试能力。 海博思创称，本次对外投资符合国家产业政策导向及公司整体发展战略，是公司把握储能行业发展机遇、巩固和提升行业领先地位的重要战略举措，将有效 补充公司未来业务发展面临的产能缺口，提升供应保障能力与响应速度。项目的实施预计将对公司未来财务状况和经营成果产生积极影响，有助于提升公司 的长期可持续发展能力与盈利能力。 鑫椤报告预售： 2025-2029年全球储能市场运行趋势及竞争策略研究报告 预订电话：18964001371（微信同） ——The End—— 本文来源：储能前沿 。 本 公众号所发表内容注明来源的，版 ...

新京报贝壳财经讯 12月23日，海博思创发布公告称，公司全资子公司海博思创智造拟开展"海博思创智 能绿色储能工厂项目"，项目投资总额预计20亿元，拟选址于北京市房山区北京高端制造业基地。本项 目位于北京市房山区北京高端制造业基地，核心业务涵盖储能集成系统的研发、制造与测试。项目将建 设包含系统集成产线、研发测试中心及配套设施的一体化储能产业基地，旨在进一步提升规模化、智能 化的高端储能产品研发、制造及测试能力。 ...

今日焦点 宁波华翔：子公司获得机器人关节订单 宁波华翔(002048.SZ)公告称，公司下属子公司宁波华翔启源科技有限公司与国内某头部机器人关节厂 商签订了《机器人关节委托生产合同》，将在未来两年内为其生产制造部分机器人关节产品。该合作将 有利于华翔启源打造有差异化竞争优势的智能机器人零部件产品矩阵，为开发基于PEEK材料的核心关 节件打下坚实基础。该事项对公司本年度的经营业绩不会产生较大影响，但随着2026年1月启动客户批 量供货，将对公司未来经营业绩产生积极影响。 九丰能源：海南商业航天发射场特燃特气配套项目一期工程建设基本完成 九丰能源公告，公司海南商业航天发射场特燃特气配套项目（一期）工程建设已基本完成。液氢、液 氧、液氮、氦气等特燃特气产品已应用于多次火箭发射任务，产品品质顺利通过发射验证。高纯液态甲 烷生产装置安装完成并通过单机调试，将应用于未来主流的液氧甲烷火箭发射。公司积极推进项目（二 期）扩能计划，预计总投资约3亿元。 海博思创：全资子公司拟投资20亿元建设智能绿色储能工厂项目 海博思创公告称，公司全资子公司海博思创智造拟开展"海博思创智能绿色储能工厂项目"，项目投资总 额预计20亿元人民币 ...

此次投资符合国家产业政策导向及公司整体发展战略，是公司把握储能行业发展机遇、巩固和提升行业 领先地位的重要战略举措。项目建成后，将有效补充公司未来业务发展面临的产能缺口，提升供应保障 能力与响应速度。通过引入先进的智能化制造体系，提升生产效率、优化产品成本结构，从而增强公司 产品的综合竞争力。 该项目建设周期约为36个月，预计2028年12月竣工验收并投产。项目位于北京市房山区北京高端制造业 基地，核心业务涵盖储能集成系统的研发、制造与测试。项目将建设包含系统集成产线、研发测试中心 及配套设施的一体化储能产业基地，旨在进一步提升规模化、智能化的高端储能产品研发、制造及测试 能力。 海博思创(688411.SH)发布公告，为积极响应国家能源结构转型与"双碳"战略，把握全球储能产业发展 战略机遇，完善公司高端制造产能布局，提升核心产能供应保障能力及综合竞争力，公司全资子公司海 博思创智造拟开展"海博思创智能绿色储能工厂项目"，项目投资总额预计20亿元，拟选址于北京市房山 区北京高端制造业基地。 ...

该项目建设周期约为36个月，预计2028年12月竣工验收并投产。项目位于北京市房山区北京高端制造业 基地，核心业务涵盖储能集成系统的研发、制造与测试。项目将建设包含系统集成产线、研发测试中心 及配套设施的一体化储能产业基地，旨在进一步提升规模化、智能化的高端储能产品研发、制造及测试 能力。 智通财经APP讯，海博思创(688411.SH)发布公告，为积极响应国家能源结构转型与"双碳"战略，把握全 球储能产业发展战略机遇，完善公司高端制造产能布局，提升核心产能供应保障能力及综合竞争力，公 司全资子公司海博思创智造拟开展"海博思创智能绿色储能工厂项目"，项目投资总额预计20亿元，拟选 址于北京市房山区北京高端制造业基地。 此次投资符合国家产业政策导向及公司整体发展战略，是公司把握储能行业发展机遇、巩固和提升行业 领先地位的重要战略举措。项目建成后，将有效补充公司未来业务发展面临的产能缺口，提升供应保障 能力与响应速度。通过引入先进的智能化制造体系，提升生产效率、优化产品成本结构，从而增强公司 产品的综合竞争力。 ...

海博思创表示，项目建成后，将有效补充公司未来业务发展面临的产能缺口，提升供应保障能力与响应 速度。通过引入先进的智能化制造体系，提升生产效率、优化产品成本结构，从而增强公司产品的综合 竞争力。本项目的实施预计将对公司未来财务状况和经营成果产生积极影响，有助于提升公司的长期可 持续发展能力与盈利能力。 北京商报讯（记者 马换换 李佳雪）12月23日晚间，储能集成龙头企业海博思创（688411）披露公告 称，公司全资子公司北京海博思创智造科技有限公司（以下简称"海博思创智造"）拟开展"海博思创智 能绿色储能工厂项目"，项目投资总额预计20亿元，拟选址于北京市房山区北京高端制造业基地。 公告显示，该项目核心业务涵盖储能集成系统的研发、制造与测试。项目将建设包含系统集成产线、研 发测试中心及配套设施的一体化储能产业基地，旨在进一步提升规模化、智能化的高端储能产品研发、 制造及测试能力。项目总投资金额为20亿元，资金来源为公司全资子公司海博思创智造自有或自筹资 金。项目建设周期约为36个月，预计2028年12月竣工验收并投产。 ...

人民财讯12月23日电，海博思创(688411)12月23日公告，公司全资子公司海博思创智造拟开展"海博思 创智能绿色储能工厂项目"，项目投资总额预计20亿元，拟选址于北京市房山区北京高端制造业基地， 核心业务涵盖储能集成系统的研发、制造与测试。 ...

Investment Rating - The report maintains a rating of "Add" for the company [3]. Core Views - The company plans to adjust its U.S. market operations by establishing joint ventures with its controlling shareholder CSIQ, focusing on solar and energy storage businesses in the U.S. [1][6][19]. - The U.S. solar and storage market presents significant growth potential and profitability, bolstered by IRA-related subsidies, despite high export barriers for domestic companies [11][19]. - The company's U.S. production capacity will be scarce post-adjustment, positioning it as one of the few domestic firms meeting OBBBA requirements [19]. Financial Data and Valuation - Total revenue projections for 2023 are 51.31 billion yuan, with a year-on-year growth of 8%. However, a decline is expected in 2024 and 2025, with revenues of 46.165 billion yuan and 37.901 billion yuan, respectively [2][24]. - Operating profit is forecasted to be 3.444 billion yuan in 2023, with a significant drop to 2.483 billion yuan in 2024, followed by a gradual recovery [2][24]. - Net profit attributable to the parent company is expected to be 2.903 billion yuan in 2023, decreasing to 2.247 billion yuan in 2024, before rebounding in subsequent years [2][24]. - The company’s PE ratio is projected to be 20.3 in 2023, increasing to 31.5 in 2025, and then decreasing to 12.1 by 2027 [2][24]. Business Adjustments - The company will establish joint ventures M and N, with respective stakes of 24.9% and 75.1% held by the company and CSIQ, focusing on U.S. solar and energy storage operations [1][6][19]. - The company will also restructure overseas factories supplying the U.S. market, with a one-time equity transfer payment of 350 million yuan expected [1][6][19]. - The expected completion date for these transactions is before December 31, 2025 [1][6][19]. Market Potential - The U.S. solar market is the second largest globally, with a mature electricity market mechanism, and the energy storage business is experiencing rapid growth due to its clear business model and high investment returns [11][19]. - The company currently has a production capacity of 5GW for solar cells, 5GW for solar modules, 3GWh for energy cells, and 6GWh for integrated energy storage in the U.S. [19].

Core Viewpoint - The company, Mingyang Smart Energy Group Co., Ltd., is executing a share repurchase agreement with Jiangsu Haiji New Energy Co., Ltd. after triggering the repurchase conditions outlined in their previous investment agreement, involving a total investment of RMB 190 million [1][2][3]. Transaction Overview - The company invested RMB 190 million in Jiangsu Haiji New Energy on February 9, 2022, and has the right to request a share repurchase due to unmet IPO filing conditions by December 31, 2024 [2][3]. - The repurchase will be executed through a capital reduction, with payments structured in installments, including principal and interest at an annual rate of 8% [2][10]. Related Party Transactions - The transaction is classified as a related party transaction due to the former company secretary serving as a director at Jiangsu Haiji New Energy, but it does not qualify as a major asset restructuring [1][3]. - In the past 12 months, the company has engaged in related party transactions totaling RMB -842,600, all of which were routine and approved by the shareholders' meeting [1][3]. Financial Information - Jiangsu Haiji New Energy's financials as of March 31, 2025, show total assets of RMB 175,831.62 million and a net loss of RMB -6,450.31 million for the previous year [6]. - Jiangsu Baichuan High-tech New Materials Co., Ltd., the controlling shareholder of Jiangsu Haiji New Energy, reported total assets of RMB 1,236,957.98 million and a net profit of RMB 4,221.60 million for the same period [8]. Agreement Details - The agreement stipulates that the repurchase price will be calculated based on the original investment plus interest, with penalties for late payments [11][13]. - The agreement will take effect upon approval from the respective boards of the involved parties [12][13]. Impact on the Company - The transaction is deemed necessary for the company to maintain oversight of its investment in Jiangsu Haiji New Energy and does not harm the interests of shareholders, particularly minority shareholders [14].

Core Viewpoint - The company has received regulatory requirements regarding its stock option incentive plan for 2025, which sets ambitious performance targets for revenue and net profit over the next three years [2][4][24]. Group 1: Performance Targets - The performance targets for the incentive plan include a minimum revenue of 5 billion yuan in 2025, 7 billion yuan in 2026, and 10 billion yuan in 2027, or net profits of 150 million yuan, 225 million yuan, and 350 million yuan respectively [2][24]. - Historical performance shows that the company achieved a revenue of 3.711 billion yuan and a net loss of 136 million yuan in 2023, with a revenue of 2.464 billion yuan and a net loss of 10 million yuan in the first three quarters of 2024 [2][5]. Group 2: Business Overview - The company primarily engages in battery and material businesses, focusing on nickel-hydrogen batteries and lithium battery materials, while also expanding into the lithium upstream industry [3][4]. - The business segments include battery materials, battery production, and energy storage, with a strategic emphasis on integrating mining, processing, and supply for lithium materials [3][4]. Group 3: Financial Performance - Recent financial performance indicates a revenue of 3.711 billion yuan in 2023, with a net loss of 136 million yuan, and a projected revenue of 3.938 billion yuan in 2024 [5][21]. - The company has implemented cost control measures and improved management to turn losses into profits, particularly in the battery materials segment, where gross margins have increased [6][7]. Group 4: Market Potential and Strategy - The energy storage market is projected to grow significantly, with expectations of reaching 100 GW of installed capacity by 2025 and over 1 trillion yuan in total industry value [9][10]. - The company aims to leverage its strategic partnerships and innovative business models to capture market opportunities in the energy storage sector, focusing on project development and investment [10][11]. Group 5: Future Projections - Revenue projections for the three business segments from 2025 to 2027 indicate a total revenue of approximately 10.18 billion yuan by 2027, with significant contributions from the energy storage segment [14][24]. - The company anticipates that its energy storage business will become a key driver of growth, supported by favorable policies and market demand [10][12].