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Express News | Sinolink: The prosperity bottom of each link in photovoltaics is solidified and clear; it is recommended to layout around three main lines in 2025.
Express News | Sinolink: Frequent Bullish Signals in demand for photovoltaics and offshore wind, the Sector cools down and re-enters the layout window.
Breaking the "involutionary" competition! The two major photovoltaic leaders announce "production reduction and control of output."
Tongwei Co.,Ltd's subsidiary Yongxiang Co. and Daqo Energy have a total production capacity of over 1.2 million tons. Analysts expect that this production cut will reach at least 0.8 million tons, leading to a significant decline in silicon material output from December to January. Despite the production cut being initiated, the current Industry still faces considerable inventory pressure.
The photovoltaic Industry is currently undergoing a "de-involution"! Tongwei Co.,Ltd and Daqo Energy have both announced production cuts and maintenance.
① Both Tongwei Co.,Ltd and Daqo Energy are signatories of the photovoltaic industry self-discipline agreement. According to the self-discipline agreement, photovoltaic companies will begin to manage production capacity starting next month (January 2025). ② Analysts believe that adjusting the overall industry capacity utilization rate to the Range of 50%-60% can basically match the demand for polysilicon in 2025, preliminarily achieving a supply-demand balance.
Hong Kong stock market changes | Photovoltaic stocks generally fell in early trading, with some companies' bids below the self-regulated minimum price set by the industry. Goldman Sachs previously stated it is monitoring the follow-up execution of product
In the morning session, solar stocks experienced widespread declines. As of the time of reporting, XINYI ENERGY (03868) fell by 3.61%, trading at 0.8 HKD; FLAT GLASS (06865) decreased by 2.63%, trading at 11.84 HKD; XINTE ENERGY (01799) dropped by 2.31%, trading at 7.61 HKD; XINYI SOLAR (00968) declined by 1.89%, trading at 3.12 HKD.
The first data property rights registration certificate for the NENGYUANHANGYE in the country has been issued in Guangzhou.
On December 17, Gluohui reported that the Southern Energy Industry Trusted Data Space (Guangdong) was launched, and the CNI Data Factor Index Ecological Conference was held in Guangzhou. At the conference, Southern Power Grid Guangdong Electric Power Company received the first "Data Property Registration Certificate" issued by the Guangzhou Exchange, which is also the first data property registration certificate obtained in the national energy industry, marking significant progress in Guangdong's structural separation of data property rights and compliant circulation.