> 我国已形成以硅材料开发和应用为核心的光伏产业链 科学 | 公正 | 创新 | 服务 光伏产业绿色发展政策解析 管琪 中国电子技术标准化研究院 r 光伏产业总体情况 上游 硅料,硅片等 中游 上中下游产业链世界领先,多晶硅、硅片、电池片、 电池,组件等 组件四个制造环节全球产量占比均超75% 下游 电站建设等 antit 12022000000 8 8 硅片产量:753GW 电池片产量:654GW 可持续清洁光伏新能源并非完全绿色,产业链绿色低碳可持续发展至关重要 目录 8 01 产品层面 欧 02 组织层面 8 03 从"坟墓"到"摇篮" 100 04 赋能零碳建设 = 产品层面：低碳与绿色 The OLL 2024年8月,中共中央、国 务院印发《关于加快经济社会 发展全面绿色转型的意见》: 建立产品碳足迹管理体系和产 品碳标识认证制度;适时将碳 足迹要求纳入政府采购;参与 相关国际标准制定修订, 与主要贸易伙伴在碳足迹等规 川方向街样与认 1.低碳是光伏产业的根本优势 2024年8月,市场监管总 2024年6月,生态环境部3 十五部门《关于建立碳足迹 管理体系的实施方案》:建 立健全碳足迹管理体系： 布 ...

分红方面，首航新能A股上市后累计派现5195.88万元。 机构持仓方面，截止2025年9月30日，首航新能十大流通股东中，香港中央结算有限公司位居第一大流 通股东，持股61.48万股，相比上期增加27.54万股。 12月19日，首航新能涨0.44%，成交额5414.36万元。两融数据显示，当日首航新能获融资买入额343.48 万元，融资偿还382.24万元，融资净买入-38.76万元。截至12月19日，首航新能融资融券余额合计 8134.02万元。 融资方面，首航新能当日融资买入343.48万元。当前融资余额8104.37万元，占流通市值的6.69%。 融券方面，首航新能12月19日融券偿还0.00股，融券卖出100.00股，按当日收盘价计算，卖出金额 2936.00元；融券余量1.01万股，融券余额29.65万元。 资料显示，深圳市首航新能源股份有限公司位于广东省深圳市宝安区新安街道兴东社区67区高新奇科技 楼，成立日期2013年6月7日，上市日期2025年4月2日，公司主营业务涉及新能源电力设备研发、生产、 销售及服务的高新技术企业,专注于太阳能电力的转换、存储与管理,核心产品涵盖光伏并网逆变器、光 伏储 ...

Core Viewpoint - Traditional manufacturing enterprises are accelerating their energy transition driven by dual factors: "dual carbon" goals and the wave of smart manufacturing [1] Group 1: Company Collaboration - Jiangsu-listed photovoltaic company GoodWe (688390.SH) has partnered with Shandong Mingyu Heavy Industry Co., Ltd. to create a demonstration energy storage project that integrates solar energy and storage [1] - The project utilizes GoodWe's smart energy WE platform to address various electricity usage challenges and establish a replicable model for green and smart transformation in manufacturing [1][4] Group 2: Energy Transition Benefits - Mingyu Heavy Industry has experienced significant benefits from green energy, with its early photovoltaic power station generating approximately 12 million kWh annually, leading to substantial savings on electricity costs [3] - The company has expanded its energy solutions by developing a 120 kW solar-storage integration project to meet increasing electricity demands and ensure stable power supply [3] Group 3: GoodWe's Market Position - GoodWe, established in November 2010 and listed in September 2020, specializes in the research, production, and sales of solar and energy storage equipment, reporting a revenue of 6.194 billion yuan in the first three quarters of the year, a year-on-year increase of 25.30% [4] - The company provides a multi-supply guarantee system for Mingyu Heavy Industry, enhancing the stability of electricity supply across various scenarios [4][6] Group 4: Strategic Expansion - GoodWe has been actively expanding its presence in Shandong, focusing on photovoltaic power station construction and smart energy solution promotion, covering various scenarios including distributed and integrated building photovoltaic systems [6] - The company has previously collaborated on a building-integrated photovoltaic project in Tai'an, marking a significant step in comprehensive energy demonstration projects [6]

资料显示，深圳市首航新能源股份有限公司位于广东省深圳市宝安区新安街道兴东社区67区高新奇科技 楼，成立日期2013年6月7日，上市日期2025年4月2日，公司主营业务涉及新能源电力设备研发、生产、 销售及服务的高新技术企业,专注于太阳能电力的转换、存储与管理,核心产品涵盖光伏并网逆变器、光 伏储能逆变器、储能电池等。主营业务收入构成为：并网逆变器57.98%，储能电池23.11%，储能逆变 器13.72%，配件及其他4.85%，其他(补充)0.34%。 截至9月30日，首航新能股东户数2.07万，较上期减少9.62%；人均流通股1873股，较上期增加10.65%。 2025年1月-9月，首航新能实现营业收入17.46亿元，同比减少14.66%；归母净利润1.14亿元，同比减少 47.57%。 分红方面，首航新能A股上市后累计派现5195.88万元。 12月18日，首航新能跌2.34%，成交额6109.94万元。两融数据显示，当日首航新能获融资买入额484.10 万元，融资偿还475.18万元，融资净买入8.92万元。截至12月18日，首航新能融资融券余额合计8172.36 万元。 融资方面，首航新能当日融资买 ...

Core Viewpoint - Shihang New Energy's stock performance shows a slight increase of 1.17% on November 27, with a trading volume of 64.37 million yuan, indicating investor interest despite a net financing outflow [1] Financing Summary - On November 27, Shihang New Energy had a financing buy-in amount of 5.23 million yuan and a financing repayment of 7.06 million yuan, resulting in a net financing outflow of 1.83 million yuan [1] - As of November 27, the total financing and securities lending balance for Shihang New Energy is 80.75 million yuan, which accounts for 6.68% of its market capitalization [1] - The company had no securities lending activity on November 27, with zero shares sold or repaid, and a remaining balance of zero [1] Business Overview - Shihang New Energy, established on June 7, 2013, and listed on April 2, 2025, is located in Bao'an District, Shenzhen, Guangdong Province [1] - The company specializes in the research, production, sales, and service of renewable energy power equipment, focusing on solar energy conversion, storage, and management [1] - The revenue composition of Shihang New Energy includes: grid-connected inverters (57.98%), storage batteries (23.11%), storage inverters (13.72%), accessories and others (4.85%), and other supplementary sources (0.34%) [1] Financial Performance - As of September 30, 2025, Shihang New Energy reported a total revenue of 1.746 billion yuan and a net profit attributable to shareholders of 114 million yuan, reflecting a year-on-year decrease of 47.57% [2] - The number of shareholders decreased by 9.62% to 20,700, while the average circulating shares per person increased by 10.65% to 1,873 shares [2] - Since its A-share listing, the company has distributed a total of 51.96 million yuan in dividends [2] Shareholding Structure - As of September 30, 2025, Hong Kong Central Clearing Limited is the largest circulating shareholder of Shihang New Energy, holding 614,800 shares, an increase of 275,400 shares from the previous period [2]

Core Viewpoint - Shihang New Energy has experienced a significant decline in stock price this year, with a drop of 28.59% year-to-date and 14.33% over the past five trading days, indicating potential challenges in the market [1][2]. Company Overview - Shihang New Energy, established on June 7, 2013, is located in Bao'an District, Shenzhen, Guangdong Province. The company specializes in the research, production, sales, and service of new energy power equipment, focusing on solar power conversion, storage, and management [2]. - The company's core products include photovoltaic grid-connected inverters (57.98% of revenue), storage batteries (23.11%), storage inverters (13.72%), and other components (4.85%) [2]. Financial Performance - For the period from January to September 2025, Shihang New Energy reported a revenue of 1.746 billion yuan and a net profit attributable to shareholders of 114 million yuan, reflecting a year-on-year decrease of 47.57% [2]. - The company has distributed a total of 51.9588 million yuan in dividends since its A-share listing [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Shihang New Energy was 20,700, a decrease of 9.62% from the previous period, with an average of 1,873 circulating shares per shareholder, an increase of 10.65% [2]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 614,800 shares, which increased by 275,400 shares compared to the previous period [3]. Market Activity - On November 24, Shihang New Energy's stock price rose by 2.01% to 28.94 yuan per share, with a trading volume of 32.1382 million yuan and a turnover rate of 2.72% [1]. - The stock has appeared on the daily trading leaderboard nine times this year, with the most recent occurrence on September 5, where it recorded a net purchase of 23.5987 million yuan [1].

Core Viewpoint - The stock of Shihang New Energy has experienced a significant decline in 2023, with a year-to-date drop of 26.46% and a recent 5-day drop of 14.24% [1] Company Overview - Shihang New Energy Co., Ltd. is located in Bao'an District, Shenzhen, Guangdong Province, and was established on June 7, 2013. The company focuses on the research, production, sales, and service of new energy power equipment, particularly in solar energy conversion, storage, and management [2] - The company's main business revenue composition includes: grid-connected inverters (57.98%), energy storage batteries (23.11%), energy storage inverters (13.72%), accessories and others (4.85%), and other (0.34%) [2] - As of September 30, 2025, the number of shareholders is 20,700, a decrease of 9.62% from the previous period, with an average of 1,873 circulating shares per person, an increase of 10.65% [2] Financial Performance - For the period from January to September 2025, Shihang New Energy achieved operating revenue of 1.746 billion yuan and a net profit attributable to the parent company of 114 million yuan, representing a year-on-year decrease of 47.57% [2] - The company has distributed a total of 51.9588 million yuan in dividends since its A-share listing [3] Shareholding Structure - As of September 30, 2025, the largest circulating shareholder is Hong Kong Central Clearing Limited, holding 614,800 shares, an increase of 275,400 shares from the previous period [3] Market Activity - On November 21, the stock price of Shihang New Energy fell by 2.07%, trading at 29.80 yuan per share, with a total market capitalization of 12.289 billion yuan [1] - The stock has appeared on the daily trading list (龙虎榜) nine times this year, with the most recent occurrence on September 5, where it recorded a net purchase of 23.5987 million yuan [1]

Group 1: Investor Relations Activities - The company participated in the Shenzhen District Listed Companies Investor Online Reception Day on November 20, 2025 [2] - The event was conducted via the Panoramic Network's "Investor Relations Interactive Platform" [2] - Key company representatives included the Chairman and General Manager, Mr. Xu Tao, and the Financial Director, Mr. Yuan Fang [2] Group 2: Market and Business Development - The company is focusing on emerging markets in the Middle East, Africa, and Australia as key areas for global strategy [3] - In Australia, the demand for household and commercial energy storage is rapidly increasing due to government initiatives like the "Home Battery Subsidy Program" [3] - The company aims to provide high safety, intelligent, and high-yield integrated solar storage solutions [3] Group 3: Product and Technology Focus - The company is a leading provider of photovoltaic and energy storage solutions, with a focus on digital energy systems [3] - Key products include photovoltaic grid-connected inverters, energy storage inverters, and energy storage systems, covering a power range from 3kW to 20kW [3] - The company emphasizes three core technology directions: high safety, long cycle life, and intelligence in its energy storage business [3] Group 4: Financial Management and Risk Mitigation - The company employs a credit sales model and emphasizes long-term relationships with customers to enhance value [4] - It has implemented effective coordination in market development and financial management to reduce bad debt risks [4] - The company is committed to improving financial strategies to enhance capital efficiency and ensure sustainable development [4] Group 5: Research and Development - The company places a high priority on technological innovation and R&D investment [5] - It has developed several core technologies in the data center power supply system field, although it has not yet achieved large-scale revenue [5]

Core Insights - On November 17, Shihang New Energy experienced a decline of 2.79% with a trading volume of 173 million yuan [1] - The company reported a net financing outflow of 4.76 million yuan on the same day, with a total financing balance of 94.05 million yuan, accounting for 6.75% of its market capitalization [1] Financing and Trading Data - On November 17, Shihang New Energy had a financing buy-in amount of 12.48 million yuan and a financing repayment of 17.24 million yuan [1] - The company had no short selling activity on the same day, with a short selling balance of 0 yuan [1] Company Overview - Shihang New Energy, established on June 7, 2013, is located in Bao'an District, Shenzhen, Guangdong Province [1] - The company specializes in the research, production, sales, and service of new energy power equipment, focusing on solar energy conversion, storage, and management [1] - The main revenue sources are: grid-connected inverters (57.98%), energy storage batteries (23.11%), energy storage inverters (13.72%), and other components (4.85%) [1] Financial Performance - As of September 30, the number of shareholders for Shihang New Energy was 20,700, a decrease of 9.62% from the previous period [2] - For the period from January to September 2025, the company achieved a revenue of 1.746 billion yuan and a net profit attributable to shareholders of 114 million yuan, representing a year-on-year decrease of 47.57% [2] - The company has distributed a total of 51.96 million yuan in dividends since its A-share listing [2] Shareholding Structure - As of September 30, the largest circulating shareholder of Shihang New Energy is Hong Kong Central Clearing Limited, holding 614,800 shares, an increase of 275,400 shares from the previous period [2]

Group 1 - The core viewpoint of the news is that Shihang New Energy has seen a stock price increase of 5.1%, reaching 33.81 CNY per share, with a total market capitalization of 13.942 billion CNY [1] - Shihang New Energy, established on June 7, 2013, focuses on the research, production, sales, and service of new energy power equipment, particularly in solar energy conversion, storage, and management [1] - The company's main business revenue composition includes: grid-connected inverters at 57.98%, energy storage batteries at 23.11%, energy storage inverters at 13.72%, accessories and others at 4.85%, and other supplementary sources at 0.34% [1] Group 2 - From the perspective of fund holdings, Bosera Fund has one fund heavily invested in Shihang New Energy, specifically the Bosera CSI A50 ETF Linked A, which holds 411 shares, accounting for 0.01% of the fund's net value [2] - The Bosera CSI A50 ETF Linked A has a total scale of 60.1895 million CNY and has achieved a year-to-date return of 16.13% [2] - The fund manager, Gui Zhenghui, has a tenure of 10 years and 119 days, with the fund's total asset size at 7.051 billion CNY [3]