Securities code: 688599 Securities abbreviation: TrinasolarConvertible bonds code: 118031 Convertible bonds abbreviation: TRINA 23 CB
Trina Solar Co., Ltd.Summary of the 2024 Semi-Annual Report
Section I. Important notes
1.1 This semi-annual report summary is derived from the full semi-annual report. In order to have acomprehensive understanding of the Company's operating performance, financial status and futuredevelopment plans, investors should carefully read the full text of the semi-annual report on thewebsite http://www.sse.com.cn/.
1.2 Major Risk Warning
In this report, the Company has elaborated in detail on the relevant risks that may exist. Please refer to the"5. Risk Factors", Section III "Management Discussion and Analysis" in this report.
1.3 The Board of Directors (or the "Board"), the Supervisory Committee as well as the directors,
supervisors and senior management of the Company hereby guarantee the factuality, accuracy andcompleteness of the contents of this report and its summary, and shall be jointly and severally liablefor any misrepresentations, misleading statements or material omissions therein.
1.4 All Directors of the Company attend the board meetings.
1.5 This semi-annual report is unaudited.
1.6 The profit distribution plan or the plan of converting reserve fund into share capital in this reportingperiod adopted by the board of directors.Not applicable
1.7 Existence of important matters such as special arrangements for corporate governance, etc.
□Applicable ? Not applicable
Section II. The Company’s Basic Information
2.1 Company Profile
Company Stock Profile
| Stock Profile | ||||
| Stock Type | Stock Exchange for Listing and Board | Stock Name | Stock Code | Stock Name Before Adjustment |
| A Shares | Shanghai Stock Exchange (SSE) Sci-Tech Innovation Board | Trinasolar | 688599 | / |
Company Depository Receipt Profile
□Applicable ? Not applicable
Contact Person and Contact Details
| Contact Person and | Secretary of Board of Directors | Securities Affairs Representative |
| Contact Information | (Domestic Representative for Information Disclosure) | |
| Name | Qun Wu | Yun Lu |
| Tel. | 0519-81588826 | 0519-81588826 |
| Office Address | Southeast Area of 2 Tianhe Road, Trina Solar Industrial Park, Xinbei District, Changzhou City | Southeast Area of 2 Tianhe Road, Trina Solar Industrial Park, Xinbei District, Changzhou City |
| IR@trinasolar.com | IR@trinasolar.com |
2.2 Main Financial Data
Unit: Yuan Currency Type: CNY
| Current Reporting Period End | Last Year End | Increase/decrease at the end of current reporting period over the end of last year (%) | |
| Total assets | 140,730,114,447.06 | 120,312,286,474.63 | 16.97 |
| Net assets attributable to shareholders of listed companies | 30,696,445,659.51 | 31,521,757,649.42 | -2.62 |
| Current Reporting Period | Same Period of Last Year | Increase/decrease of current reporting period over same period of last year (%) | |
| Operating revenue | 42,968,098,984.29 | 49,383,637,693.63 | -12.99 |
| Net profit attributable to shareholders of listed companies | 526,202,741.19 | 3,540,007,044.94 | -85.14 |
| Net profit attributable to shareholders of the listed company after deducting non-recurring profits and losses | 397,625,427.69 | 3,712,084,523.78 | -89.29 |
| Net cash flows from operating activities | -156,645,369.33 | 2,804,731,510.06 | -105.59 |
| Weighted average return on equity (%) | 1.69 | 12.41 | Decrease of 10.72 percentage point |
| Basic earnings per share (Yuan/Share) | 0.24 | 1.63 | -85.28 |
| Diluted earnings per share (Yuan/Share) | 0.23 | 1.59 | -85.53 |
| R&D investment as a percentage of operating revenue (%) | 6.31 | 5.42 | Increase of 0.89 percentage point |
2.3 Shareholding Statement of Top 10 Shareholders
Unit: Share
| Total number of shareholders as at the end of the reporting period | 52,022 | ||||||
| Total number of preferred shareholders with voting rights restored as at the end of the reporting period | 0 | ||||||
| Total number of shareholders holding special voting shares as at the end of the reporting period | 0 | ||||||
| Shareholding Statement of Top 10 Shareholders | |||||||
| Name of Shareholders | Nature of Shareholders | Shareholding Ratio (%) | Number of Shares Held | Number of shares held with restricted sale conditions | Number of restricted shares held including loaned shares through | Number of pledged, marked or frozen shares | |
| refinancing | |||||||
| Jifan Gao | Domestic natural person | 16.16 | 352,219,885 | 0 | 0 | None | 0 |
| Jiangsu Panji Investment Co., Ltd. | Domestic non-state-owned legal person | 14.52 | 316,408,747 | 0 | 0 | None | 0 |
| Huafu Capital Management Co., Ltd. | State-owned legal person | 10.70 | 233,247,120 | 0 | 0 | None | 0 |
| Shenzhen Hongyu Information Technology Co., Ltd. | Domestic non-state-owned legal person | 5.08 | 110,782,815 | 0 | 0 | None | 0 |
| China Merchant Bank-The Huaxia Shanghai Stock Exchange 50 ETF | Other | 3.77 | 82,094,261 | 0 | 0 | None | 0 |
| Hong Kong Securities Clearing Company Ltd. | Overseas legal person | 2.19 | 47,678,580 | 0 | 0 | None | 0 |
| Trinastella Investment Development Co., Ltd. | Domestic non-state-owned legal person | 2.08 | 45,340,012 | 0 | 0 | None | 0 |
| Industrial and Commercial Bank of China－The E Fund Shanghai Stock Exchange 50 ETF | Other | 1.84 | 40,135,225 | 0 | 0 | None | 0 |
| Shanghai Pudong Development Bank Co., Ltd.－Guangfa High-end Manufacturing Equity Investment Fund | Other | 1.63 | 35,479,877 | 0 | 0 | None | 0 |
| Jiangsu Qinghai Investment Co., Ltd. | Domestic non-state-owned legal person | 1.61 | 35,156,527 | 0 | 0 | None | 0 |
| Notes on the above shareholders' affiliation or concerted action | Among the top ten shareholders of the Company, Jiangsu Panji Investment Co., Ltd., Trinastella Investment Development Co., Ltd. and Jiangsu Qinghai Investment Co., Ltd. are persons acting in concert with Mr. Gao Jifan, the controlling shareholder and actual controller of the Company. | ||||||
| Notes on preferred shareholders whose voting rights have been restored and number of shares held | None | ||||||
2.4 Statement on top ten domestic depositary receipt holders
□Applicable √Not applicable
2.5 Statement on top ten shareholders in terms of the number of voting rights as at the end of thereporting period
□Applicable √Not applicable
2.6 Statement on total number of preferred shareholders and top 10 preferred shareholders as at the end
of the reporting period
□Applicable √Not applicable
2.7 Changes in controlling shareholders or actual controllers
□Applicable √Not applicable
2.8 Bonds in existence at the semi-annual report approval date
□Applicable √Not applicable
Section III. Important Issues
The company shall, in accordance with the principle of materiality, describe the significant changes in theCompany's operating conditions during the reporting period, as well as the matters that have or will have asignificant impact on the Company's operating conditions.
□Applicable √Not applicable