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国金证券:光伏各环节景气底部夯实明确,2025年建议围绕三大主线布局

Sinolink: The prosperity bottom of each link in photovoltaics is solidified and clear; it is recommended to layout around three main lines in 2025.

Breakings ·  08:28

Sinolink indicated that the bottom of the photovoltaic sector's prosperity is solidified and clear, with a broadly and significantly expected profitability inflection point in the main Industry Chain likely arriving as early as the second quarter of 2025, and it is anticipated that most symbols will exhibit an "upward volatility" trend thereafter. At this current moment, it is advised to maintain the layout focusing on three main lines for 2025: "valuation lowland, new technology growth, and surviving as king," while actively embracing α (Glass, Solar Cells, new technologies, overseas large storage) in the short term, and closely tracking potential β improvement signals (product prices, demand exceeding expectations, and Q4 performance realization).

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