On May 21, according to the CPIA official account of the China Photovoltaic Industry Association, the China Photovoltaic Industry Association recently organized a “Symposium on High Quality Development of the PV Industry” in Beijing.

The conference pointed out that the crackdown on vicious competition in below-cost sales should be strengthened; industry mergers and restructuring should be encouraged, and market exit mechanisms should be unblocked.

Since this year, product prices in all parts of the photovoltaic industry chain have declined across the board. According to data released by the Silicon Industry Branch of the China Nonferrous Metals Industry Association on May 15, the current price of polysilicon has surpassed the cash costs of all production companies.

In the first quarter of this year, the performance of many leading photovoltaic listed companies was under pressure, and the business situation of second- and third-tier photovoltaic companies became even more serious.

The conference pointed out that the photovoltaic industry is an industry with a high degree of marketization, and it is more appropriate to solve the current industry difficulties through market-based means, but it is also necessary to give full play to the tangible role of the government, including optimizing the guiding role of PV manufacturing industry management policies in industry capacity construction and improving key technical indicators; standardizing the management of local government investment promotion policies to establish a unified national market; adapting to the rapid iteration of photovoltaic technology and establishing effective intellectual property protection measures;

Encourage industry mergers and restructuring, and smooth the market exit mechanism;

Strengthen the crackdown on vicious competition in below-cost sales; ensure the steady growth of the domestic photovoltaic market, explore supporting advanced technology applications through demonstration projects, and change the situation of winning bids at low prices, etc.

Photovoltaic related industry chain enterprises:

GCL Technology (03800), Xinyi Glass (00868), GCL New Energy (00451), Xinyi Solar (00968), Follett Glass (06865), Xinyi Solar (00968), Kaisheng New Energy (01108), Xinyi Glass (00868)