2025年度，公司处于业务升级的攻坚阶段，光伏业务受行业阶段性供需失衡等因素影响，热场需求持续 减少，锂电、交通等新业务仍处于市场拓展期；同时公司根据《企业会计准则第8号——资产减值》以 及公司会计政策、会计估计的相关规定，基于谨慎性原则对公司存在减值迹象的资产进行减值测试，计 提资产减值损失约10.64亿元。受行业周期、业务升级和资产减值等因素综合影响，公司2025年度经营 业绩出现阶段性亏损。 格隆汇2月27日丨金博股份(688598.SH)公布2025年度业绩快报，2025年度，公司实现营业总收入8.23亿 元，较上年同期增长53.27%；归属于母公司所有者的净利润-13.82亿元、归属于母公司所有者的扣除非 经常性损益的净利润-14.26亿元，较上年同期亏损增加。 ...

格隆汇2月27日丨金博股份(688598.SH)公布2025年度业绩快报，2025年度，公司实现营业总收入8.23亿 元，较上年同期增长53.27%；归属于母公司所有者的净利润-13.82亿元、归属于母公司所有者的扣除非 经常性损益的净利润-14.26亿元，较上年同期亏损增加。 2025年度，公司处于业务升级的攻坚阶段，光伏业务受行业阶段性供需失衡等因素影响，热场需求持续 减少，锂电、交通等新业务仍处于市场拓展期；同时公司根据《企业会计准则第8号——资产减值》以 及公司会计政策、会计估计的相关规定，基于谨慎性原则对公司存在减值迹象的资产进行减值测试，计 提资产减值损失约10.64亿元。受行业周期、业务升级和资产减值等因素综合影响，公司2025年度经营 业绩出现阶段性亏损。 ...

证券代码：688598 证券简称：金博股份 公告编号：2026-003 二、经营业绩和财务状况情况说明 湖南金博碳素股份有限公司 2025 年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 本公告所载湖南金博碳素股份有限公司（以下简称"公司"）2025 年度主 要财务数据为初步核算数据，未经会计师事务所审计，具体数据以公司正式披露 的 2025 年年度报告中经审计的数据为准，敬请投资者注意投资风险。 一、2025 年度主要财务数据和指标 单位：人民币元 | 项目 | 本报告期 | 上年同期 | 增减变动幅度（％） | | --- | --- | --- | --- | | 营业总收入 | 822,856,518.26 | 536,877,303.94 | 53.27 | | 营业利润 | -1,370,127,171.38 | -822,078,520.58 | 不适用 | | 利润总额 | -1,375,917,053.72 | -835,251,474.10 | 不适用 | | 归属于母公司所有者的 净 ...

格隆汇2月27日｜金博股份发布业绩快报，2025年度公司实现营业总收入8.23亿元，同比增长53.27%； 营业利润亏损13.7亿元，上年同期亏损8.22亿元；利润总额亏损13.76亿元，上年同期亏损8.35亿元；归 属于母公司所有者的净利润亏损13.82亿元，上年同期亏损8.15亿元；归属于母公司所有者的扣除非经常 性损益的净利润亏损14.26亿元，上年同期亏损8.48亿元。 ...

每经AI快讯，金博股份（688598.SH）2月13日在投资者互动平台表示，公司已通过梅赛德斯奔驰集团 AMG供应链体系审核专家组的专项审核并进入其供应链体系，成为其合格供应商，具备承接订单的资 质，不等同于收到定点通知书。如公司后续收到其定点通知书，公司将严格按照法律法规、监管规则的 要求进行信息披露，对于达到披露标准的事项，及时依法履行信息披露义务。 （文章来源：每日经济新闻） ...

证券日报网讯2月13日，金博股份在互动平台回答投资者提问时表示，公司依托在碳基材料领域的技术 积累，开发了气体扩散层用碳纸、气体扩散层材料等产品。其中，碳纸、气体扩散层产品的技术性能已 达国际领先水平，相关产品已通过国内多家头部膜电极、电堆、电解槽企业验证并批量交付，成为国内 某知名氢燃料电池系统制造商气体扩散层的定点供应商，开启了高性能碳纸、气体扩散层的国产化替 代。 ...

证券日报网讯 2月13日，金博股份在互动平台回答投资者提问时表示，公司已通过梅赛德斯奔驰集团 AMG供应链体系审核专家组的专项审核并进入其供应链体系，成为其合格供应商，具备承接订单的资 质，不等同于收到定点通知书。如公司后续收到其定点通知书，公司将严格按照法律法规、监管规则的 要求进行信息披露，对于达到披露标准的事项，及时依法履行信息披露义务。 （文章来源：证券日报） ...

近期金博股份股价波动显著，2月9日单日大涨8.63%，但随后几个交易日出现调整。公司所属光伏设备 板块近期的整体表现疲软，2月13日板块跌幅达2.04%，行业环境对股价形成一定压力。此外，公司 2025年年度业绩预亏约14亿元，计提资产减值损失约10.64亿元，这一利空因素可能持续影响市场情 绪。 近期事件 经济观察网2月12日，金博股份股价上涨1.27%，报收28.69元/股，成交额1.22亿元，主力资金净流入 776.95万元，换手率2.10%。近5个交易日股价累计上涨4.43%，但2月13日早盘股价回落至28.30元，当 日跌幅1.36%。资金流向显示，2月12日主力资金呈净流入状态，但2月13日早盘主力资金净流出115.49 万元。 以上内容基于公开资料整理，不构成投资建议。 ...

Investment Rating - The report suggests focusing on investment opportunities in the photovoltaic industry, particularly those benefiting from supply-side reforms, technological advancements, and changes in demand expectations [3]. Core Insights - The photovoltaic equipment sector index increased by 3.36% during the week of February 2 to February 6, 2026, outperforming the broader market index by 3.53 percentage points [11][14]. - Key companies in the photovoltaic equipment sector that showed significant gains include GCL-Poly Energy, JinkoSolar, and Jinglong Technology, while companies like Sungrow Power and Jinbo Technology experienced notable declines [18][20]. - The report highlights the importance of monitoring policy implementation and technological order fulfillment in the short term, while emphasizing long-term investments in high-efficiency technologies and leading companies [3]. Summary by Sections 1. Market Performance Review - The Shanghai Composite Index decreased by 1.13%, while the power equipment sector index rose by 2.20%, ranking third among 31 industry indices [11]. - The photovoltaic equipment sector index's performance was notably strong, with a 3.36% increase [14]. 2. Industry Chain Price Trends - As of February 4, 2026, the prices for key materials in the photovoltaic industry were as follows: silicon material at 56 CNY/kg (unchanged), silicon wafers at 1.35 CNY/piece (down 0.1 CNY), battery cells at 0.45 CNY/W (unchanged), and modules at 0.82 CNY/W (unchanged) [22]. 3. Industry News - Shanxi Province aims to establish a new energy base in the coal mining subsidence area, with plans for large-scale wind and solar projects [30]. - The utilization rates for wind and solar energy in 2025 were reported at 94.3% and 94.8%, respectively, indicating strong integration of renewable energy [31]. - Concerns were raised about potential negative growth in photovoltaic installations in 2026 due to policy adjustments and market conditions [32].

Core Viewpoint - At least 16 companies have encountered issues with Zhongrong Trust's financial products, primarily involving overdue payments and difficulties in redemption [1][12]. Group 1: Companies Affected - Microglow Co., Ltd. has invested 4.08 billion yuan in Zhongrong Trust products, all of which are overdue and have resulted in a 100% loss provision [4][15]. - Changguang Huaxin has invested 60 million yuan in the Zhongrong Longsheng No. 1 Trust Plan, which is overdue [6][18]. - Jinbo Co., Ltd. has invested a total of 60 million yuan in Zhongrong Longsheng No. 1 and Ze Rui No. 1, both of which are overdue [6][18]. - Anli Co., Ltd. has two investments totaling 40 million yuan in Zhongrong Round No. 1, which are overdue [6][20]. - Jin Fang Energy has multiple overdue investments in Zhongrong Round No. 1 [6][21]. - Fashilong has invested 60 million yuan in Zhongrong Rui Jin No. 1, which is overdue [7][21]. - Nandu Property has invested 30 million yuan in Zhongrong Huiju No. 1, which is overdue [8][21]. - San De Technology has invested 7.5 million yuan in Zhongrong products, with overdue payments [8][21]. Group 2: Redemption Outcomes - Yuma Sunshade successfully redeemed 113.27 million yuan from Zhongrong Trust products, marking it as one of the few companies to complete redemption [1][12]. - The redemption of Zhongrong products has shown a stark contrast, with some products maturing in late June 2023 being fully redeemed, while others maturing in August 2023 remain unpaid [4][14]. Group 3: Product Characteristics - The majority of the affected products are collective trust plans, with common distribution channels being Hengtian Wealth [9][24]. - Many products have experienced overdue payments and difficulties in redemption, leading some companies to provision for losses or initiate lawsuits [9][24]. Group 4: Shareholder Structure of Zhongrong Trust - The major shareholders of Zhongrong Trust include: - Jingwei Textile Machinery Co., Ltd. holds 37.47%, controlled by the State-owned Assets Supervision and Administration Commission [9][24]. - Zhongzhi Enterprise Group Co., Ltd. holds 32.99%, representing private capital [9][24]. - Harbin Investment Group holds 21.54%, a local state-owned enterprise [9][24].