晶澳科技：2023年年度报告英文版（2023 Annual Report）

JASolarTechnologyCo.,Ltd. 2023AnnualReport April2024 2023AnnualReport SectionI.ImportantNotice,ContentsandDefinitions Theboardofdirectors,supervisorycommitteeaswellasdirectors,supervisorsandseniormanagersoftheCompanyareresponsiblefortheauthenticity,accuracyandcompletenessoftheinformationcontainedinthisAnnualReportwithoutfalserecords,misleadingstatementsormaterialomissions,andassumejointandseveralliabilitytherefor. JinBaofang,headoftheCompany,LiShaohui,headofaccountingaffairsandFangDegang,headofaccountingdepartmentrepresentthattheyareresponsiblefortheauthenticity,accuracyandcompletenessofthefinancialstatementsinthisAnnualReport.AlldirectorswerepresentintheboardmeetingthatreviewedthisReport. Theforward-lookingstatements,futureplans,andbusinessobjectivesmentionedinthisReportdonotconstituteasubstantivecommitmentbytheCompanytoinvestors.Investorsandrelevantpersonsarerequiredtomaintainsufficientriskawarenessandunderstandthedifferencesbetweenplans,forecasts,andcommitments.Investorsneedtoknowtherearerisksininvestments. PleaserefertoXIOutlookforFutureDevelopmentinSectionIIIManagementDiscussionandAnalysisfordetailsonthepotentialrisksinherentintheCompany’soperations. Theprofitdistributionplanapprovedbytheboardmeetingisasfollows:basedonthetotalsharecapitalexcludingtherepurchasedsharesinthespecialsecuritiesaccountforrepurchaseasoftherecorddatewhentheplanwillbeimplemented,acashdividendof5.63yuanper10shares(taxincluded)willbedistributedtoallshareholders. *The2023AnnualReportofJASolarTechnologyCo.,Ltd.waspublishedbothinChineseandEnglish.WhereanydiscrepancyarisesbetweentheEnglishandtheChinesecontent,theChineseversionshallprevail.TheEnglishversionherewasonlyusedforinvestors’reference. TableofContents SectionI.ImportantNotice,ContentsandDefinitions2 SectionII.CompanyProfileandMajorFinancialIndicators7 SectionIII.ManagementDiscussionandAnalysis11 SectionIV.CompanyGovernance41 SectionV.EnvironmentalandSocialResponsibility59 SectionVI.ImportantMatters68 SectionVII.ChangesinSharesandShareholders96 SectionVIII.PreferenceShares105 SectionIX.Bonds106 SectionX．FinancialReport109 Listofdocumentstobechecked I.FinancialstatementsbearingthesignaturesandsealsoftheheadoftheCompany,theheadoftheaccountingaffairs,andtheheadoftheaccountingdepartment； II.Originalauditor’sreportbearingthesealoftheaccountingfirmandthesignaturesoftheCPAs; III.FormalcopiesofallCompanydocumentsandtheoriginalannouncementspubliclydisclosedinthemediadesignatedbyCSRC;and IV.TheoriginalfulltextandsummaryoftheCompany’s2023AnnualReportbearingthesignatureoftheCompany’slegalrepresentative. TheabovedocumentsarelodgedintheCompany’sSecuritiesAffairsDepartmentlocatedinNo.8Building,NuodeCenter,No.1Courtyard,EastAutoMuseumRoad,FengtaiDistrict,Beijing. Definitions Term Refersto Description CompanyandJASolar Refersto JASolarTechnologyCo.,Ltd. ArticlesofAssociation Refersto TheArticlesofAssociationofJASolarTechnologyCo.,Ltd. CompanyLaw Refersto TheCompanyLawofthePeople’sRepublicofChina SecuritiesLaw Refersto SecuritiesLawofthePeople’sRepublicofChina CSRC Refersto ChinaSecuritiesRegulatoryCommission Yuan,10kyuan,100myuan Refersto RMB1yuan,RMB10kyuan,RMB100millionyuan JASolarHoldings Refersto JASolarHoldingsCo.,Ltd. Jingtaifu Refersto DongtaiJingtaifuTechnologyCo.,Ltd. Ground-mountedpowerplantorcentralizedpowerplant Refersto Apowerplantthatinvolvesconvertingsolarenergythroughlarge-scalesolarpanelarraysdirectlyintoDCelectricitywhichisthentransmittedtothegridviaACdistributioncabinets,step-uptransformers,andhigh-voltageswitchingdevices,allowingthephotovoltaicpowertobedeliveredtothegridwhichcentrallyallocatesanddistributestheelectricitytousers. Distributedpowerplant Refersto Asolarpowerprojectlocatednearusers,wherethegeneratedelectricityisutilizedon-site,andconnectstothegridatvoltagelevelslowerthanorequalto35kilovolts,andindividualgrid-connectedpointshaveatotalinstalledcapacityofnomorethan6megawatts. Installedcapacity Refersto Electricitygenerationpowerofthephotovoltaicpowergenerationsystemconsistingoflarge-areasolarpanelsandcomponentssuchaspowercontrollers.Thesesolarpanelsareresultedfromsolarcellsconnectedinseries,encapsulatedandprotected. Crystallinesilicon Refersto Crystallinesiliconmaterialsincludingpolysilicon,monocrystallinesiliconandothers. Monocrystallinesilicon Refersto Themonocrystallineformofsiliconwherethecrystallatticeoftheentiresolidiscontinuous. Polysilicon Refersto Amaterialconsistingofanumberofmonocrystallinesiliconcrystalliteswithdifferentcrystalorientations. Siliconingot Refersto Aningotshapedintermediateproductproducedbymeltingcrystallinesiliconmaterialinahigh-temperaturefurnacefilledwithspecialgasesandthenprocessedordrawn. Siliconwafers Refersto Thinslicesofmonocrystallinesiliconorpolysiliconingots. Cells,solarcells,PVcells,andphotovoltaiccells Refersto Semiconductordevicesthatconvertsunlightdirectlyintoelectricitybyusingthephotovoltaiceffect. Monocrystallinesolarcells Refersto Solarcellsdevelopedbasedonhigh-qualitymonocrystallinesiliconmaterialandprocessingtechnique