2月24日，通威股份发布公告称，公司正在筹划通过发行股份及支付现金的方式，购买青海丽豪清能股 份有限公司(以下简称丽豪清能)100%股权，并募集配套资金。 | 证券代码 | 证券简称 停复牌类型 | 停牌起始日 停牌期间 停牌终止日 复牌日 | | --- | --- | --- | | 600438 | 通威股份 A 股 停牌 | 2026/2/25 | | 110085 | 通 22 转债 可转债债券停牌 | 2026/2/25 | | 110085 | 通 22 转债 可转债转股停牌 | 2026/2/25 | 通威股份表示，本次交易不会导致公司控股股东、实际控制人变更，不构成关联交易，预计不构成重大 资产重组。 为保证公平信息披露，维护投资者利益，避免对公司股价造成重大影响，公司股票、可转债债券以及可 转债转股自2026年2月25日起开始停牌，预计停牌时间不超过10个交易日。 丽豪清能官网显示，公司成立于2021年4月，主要从事光伏级高纯晶硅、电子级多晶硅等半导体材料的 技术研发、生产和销售，是青海省重点招商引资的项目。丽豪清能位于青海西宁经济技术开发区南川工 业园区，占地面积2600亩，计划总投资2 ...

Core Viewpoint - Tongwei Co., Ltd. is planning to acquire 100% equity of Qinghai Lihua Qingneng Co., Ltd. through a combination of share issuance and cash payment, while also raising matching funds [1]. Group 1: Acquisition Details - The acquisition will not lead to a change in the controlling shareholder or actual controller of Tongwei, and it is not considered a related party transaction or a major asset restructuring [3]. - Trading of Tongwei's stock and convertible bonds will be suspended starting February 25, 2026, for a period not exceeding 10 trading days to ensure fair information disclosure [3]. Group 2: Company Profile - Lihua Qingneng, established in April 2021, focuses on the R&D, production, and sales of photovoltaic-grade high-purity silicon and electronic-grade polysilicon, and is a key investment project in Qinghai Province [4]. - The company is located in the Nanchuan Industrial Park of Xining Economic and Technological Development Zone, covering an area of 2,600 acres, with a planned total investment of 20 billion yuan, aiming for an annual production capacity of 200,000 tons of photovoltaic-grade high-purity silicon and 2,000 tons of electronic-grade high-purity silicon, expected to generate an annual output value of approximately 20 billion yuan and create over 3,000 jobs [4]. Group 3: Financial Performance - Tongwei expects a net loss attributable to shareholders of the parent company in the range of 9 billion to 10 billion yuan for the year 2025, indicating an increase in losses [5]. - The losses are attributed to a slowdown in the growth of new photovoltaic installations in the second half of the year, ongoing supply surplus issues, declining operating rates across the industry, rising prices of core raw materials, and a year-on-year drop in product prices [5]. Group 4: Stock Information - As of February 24, 2026, Tongwei's stock price closed at 18.16 yuan per share, with a total market capitalization of 81.756 billion yuan [6]. - The stock has experienced a 52-week high of 27.75 yuan and a low of 14.89 yuan, indicating significant volatility in its trading performance [7].

Core Viewpoint - Tongwei Co., Ltd. is planning to acquire 100% equity of Qinghai Lihua Qingneng Co., Ltd. to enhance its semiconductor business, leading to a temporary suspension of its stock trading [2][4]. Group 1: Acquisition Details - The acquisition will be executed through a combination of issuing shares and cash payments, along with raising matching funds [2]. - The transaction is not expected to change the controlling shareholder or actual controller of the company and does not constitute a related party transaction or a major asset restructuring [4]. Group 2: Company Background - Lihua Qingneng, established in April 2021, focuses on the R&D, production, and sales of photovoltaic-grade high-purity silicon and electronic-grade polysilicon, with a planned total investment of 20 billion yuan [5]. - The company aims to achieve an annual production value of approximately 20 billion yuan and create over 3,000 jobs [5]. Group 3: Financial Performance - Tongwei Co., Ltd. is projected to report a net loss attributable to shareholders of approximately 9 billion to 10 billion yuan for the year 2025, indicating an increase in losses [5]. - The losses are attributed to a slowdown in the growth of new photovoltaic installations, industry supply surplus, rising core material prices, and declining product prices [6]. - As of February 24, the company's stock price was 18.16 yuan per share, with a total market capitalization of 81.756 billion yuan [7].

Group 1 - Tongwei Co., Ltd. is planning to acquire 100% equity of Qinghai Lihua Qingneng Co., Ltd. through a combination of issuing shares and cash payment, while also raising matching funds [1][7] - The acquisition is not expected to change the controlling shareholder or actual controller of Tongwei, nor is it classified as a related party transaction or a major asset restructuring [3][8] - Trading of Tongwei's stock and convertible bonds will be suspended starting February 25, 2026, for a period not exceeding 10 trading days to ensure fair information disclosure [3][8] Group 2 - Lihua Qingneng, established in April 2021, focuses on the research, production, and sales of photovoltaic-grade high-purity silicon and electronic-grade polysilicon, with a planned total investment of 20 billion yuan and an expected annual output value of approximately 20 billion yuan [9] - Tongwei has developed a business model integrating agriculture (aquaculture) and photovoltaic resources, focusing on the development of "fishing and solar integration" bases to enhance industry synergy [4][9] - The company anticipates a net loss of approximately 9 to 10 billion yuan for the fiscal year 2025, attributed to a slowdown in the growth of new photovoltaic installations and ongoing industry pressures [4][10]

Core Viewpoint - Tongwei Co., Ltd. has experienced fluctuations in stock price and financial performance, with a notable decline in revenue and profit in recent periods, while also showing some signs of recovery in stock performance recently [1][2]. Financial Performance - As of December 19, 2025, Tongwei Co., Ltd. reported a revenue of 646.00 billion yuan for the period from January to September, representing a year-on-year decrease of 5.38% [2]. - The company recorded a net profit attributable to shareholders of -52.70 billion yuan, a year-on-year decrease of 32.64% [2]. - The stock price has decreased by 8.67% year-to-date, with a recent increase of 2.97% over the last five trading days [1]. Stock Market Activity - On February 6, 2025, Tongwei's stock price rose by 2.01%, reaching 18.74 yuan per share, with a trading volume of 8.86 billion yuan and a turnover rate of 1.07% [1]. - The company had a total market capitalization of 843.67 billion yuan as of the same date [1]. - The net inflow of main funds was 39.67 million yuan, with significant buying and selling activity from large orders [1]. Shareholder Information - As of December 19, 2025, the number of shareholders increased to 293,500, a rise of 16.48%, while the average number of circulating shares per person decreased by 14.15% to 15,337 shares [2]. - The company has cumulatively distributed 251.92 billion yuan in dividends since its A-share listing, with 169.23 billion yuan distributed in the last three years [3]. Institutional Holdings - As of September 30, 2025, major shareholders included Hong Kong Central Clearing Limited, holding 136 million shares, a decrease of 27.91 million shares from the previous period [3]. - Other significant institutional investors include Huatai-PB CSI 300 ETF and E Fund CSI 300 ETF, both of which have seen reductions in their holdings [3].

清晨的养殖场，工作人员正忙着为水产池投放饲料：肉食性鱼类需要高蛋白配方，草食性鱼类依赖谷物 等植物性原料，虾蟹更讲究饲料的粒径与形状……每一袋饲料都像一份"精准营养菜单"，必须与水产的 习性完美匹配，否则不仅制约生长速度，还可能影响成品的口感和售价——人们日常餐桌上美味河鲜的 背后，是一场饲料企业推进数字化升级的深层考验。 最后，随着监管力度提升，水产、牛蛙等特种领域开始纳入严格的质量追溯体系，通威农发也需要确保 自原料到成品的全过程数据追踪，建立可审计、可追溯、可验证的透明生产链路。 构建面向未来的数字化生产体系 通威农业发展有限公司（以下简称"通威农发"）作为全球领先的水产饲料生产企业及重要的畜禽饲料生 产企业，年产能超过1300万吨，业务覆盖全国大部分地区，并延伸至越南、孟加拉、印度尼西亚等东南 亚市场。近年来，随着市场竞争加剧、监管日益趋严、产品同质化严重，通威农发需要在配方管理、制 造柔性、生产效率与质量管控等方面实现升级。 为了帮助通威农发构建覆盖饲料生产全流程的数字化体系，进一步降本增效，施耐德电气以Plant iT过 程控制解决方案助力其打造饲料行业的智能工厂，实现从配方研发、生产制造到经营管 ...

通威股份今年以来股价跌6.92%，近5个交易日涨3.30%，近20日跌11.20%，近60日跌24.24%。 1月28日，通威股份盘中下跌2.05%，截至10:14，报19.10元/股，成交5.82亿元，换手率0.67%，总市值 859.88亿元。 资金流向方面，主力资金净流出3334.95万元，特大单买入6068.55万元，占比10.42%，卖出5688.28万 元，占比9.77%；大单买入9921.91万元，占比17.03%，卖出1.36亿元，占比23.41%。 资料显示，通威股份有限公司位于中国(四川)自由贸易试验区成都市高新区天府大道中段588号，成立 日期1995年12月8日，上市日期2004年3月2日，公司主营业务涉及水产饲料、畜禽饲料等产品的研究、 生产和销售;高纯晶硅、太阳能电池等产品的研发、生产、销售为主。主营业务收入构成为：光伏相关 产品65.86%，饲料、食品及相关产品32.89%，其他(补充)1.25%。 机构持仓方面，截止2025年9月30日，通威股份十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股1.36亿股，相比上期减少2790.65万股。华泰柏瑞沪深300ETF（ ...

Core Viewpoint - The company celebrates its 32nd anniversary with significant achievements in sales and a strong commitment to future growth, aiming for a target of 100 billion to 1 trillion yuan in revenue [1][52][60]. Group 1: Sales and Financial Performance - The total feed order volume has exceeded 1.2 million tons, with advance payments surpassing 500 million yuan [6][7]. - The shrimp fry order volume has reached over 2 billion tails, setting a positive foundation for substantial growth by 2026 [7]. Group 2: Company Development and Strategy - Since its establishment in 1994, the company has evolved from a local feed enterprise to a leading player in the aquaculture industry with over 30 subsidiaries and more than 3,000 employees [12][13][14]. - The company emphasizes a customer success-oriented philosophy, focusing on technology, quality, and service as key drivers for growth [26][27]. Group 3: Future Outlook - The company plans to integrate "feed + technology + service + AI" to enhance efficiency and profitability across various aquaculture species [56][58]. - The year 2026 is projected to be a breakthrough year for the company, with significant advancements in technology, management, and product offerings [54][60].

Core Viewpoint - Tongwei Co., Ltd. has experienced a decline in stock price and financial performance, with significant net outflows of capital and a decrease in revenue and profit year-on-year [1][2]. Group 1: Stock Performance - On January 15, Tongwei's stock price fell by 2.04%, reaching 20.15 CNY per share, with a trading volume of 844 million CNY and a turnover rate of 0.92%, resulting in a total market capitalization of 907.15 billion CNY [1]. - Year-to-date, Tongwei's stock has decreased by 1.80%, with a 6.97% drop over the last five trading days, a 3.13% decline over the last 20 days, and a 12.69% decrease over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Tongwei reported a revenue of 646.00 billion CNY, a year-on-year decrease of 5.38%, and a net profit attributable to shareholders of -52.70 billion CNY, down 32.64% year-on-year [2]. - Since its A-share listing, Tongwei has distributed a total of 251.92 billion CNY in dividends, with 169.23 billion CNY distributed over the last three years [3]. Group 3: Shareholder and Institutional Holdings - As of December 19, the number of shareholders in Tongwei increased to 293,500, a rise of 16.48%, while the average circulating shares per person decreased by 14.15% to 15,337 shares [2]. - As of September 30, 2025, major institutional shareholders have reduced their holdings, with Hong Kong Central Clearing Limited holding 136 million shares, down by 27.91 million shares from the previous period [3].

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