Guojin Securities released a research report saying that the PV enterprise report further verified that the price and profit bottom of the industry chain were consolidated. Against the backdrop of continued losses in the industry, production capacity and enterprises were cleared one after another, and the implementation of the national standard and general cost accounting rules was strengthened, and the photovoltaic sector was consolidated on the left side. Currently, second- and third-tier companies are still losing cash, and there is still room for subsequent supply decline. Production capacity of about 33,000 tons can be viewed as substantial clearance. Leading companies have a high degree of certainty in recovering profits. At the same time, they are expected to maintain a faster production capacity growth rate than the industry with profit and capital advantages, and achieve a share recovery.

Guojin Securities released a research report saying that the PV enterprise report further verified that the price and profit bottom of the industry chain were consolidated. Against the backdrop of continued losses in the industry, production capacity and enterprises were cleared one after another, and the implementation of the national standard and general cost accounting rules was strengthened, and the photovoltaic sector was consolidated on the left side. Currently, second- and third-tier companies are still losing cash, and there is still room for subsequent supply decline. Production capacity of about 33,000 tons can be viewed as substantial clearance. Leading companies have a high degree of certainty in recovering profits. At the same time, they are expected to maintain a faster production capacity growth rate than the industry with profit and capital advantages, and achieve a share recovery.