Sinolink's Research Reports indicate that frequent Bullish Signals are emerging from the demand side, including the ShanDong market access policy, Anhui competitive distribution results, and domestic installations in November. After a continuous adjustment due to cooling expectations on the supply side and persistent pessimism on the demand side, it has currently re-entered a low-level layout window. It is recommended to continue to embrace α (Glass, Solar Cells, new technologies, overseas large storage) and closely track potential β improvement signals in the Sector (product prices, demand exceeding expectations, Q4 performance results).