According to the Wisdom Financial APP, Xinte Energy (01799) rose nearly 4%, as of press time, up 3.90%, at HKD 9.06, with a turnover of HKD 15,671,700.

On the news front, according to a report from Jibang Consulting on June 13th, nearly 80% of silicon material companies are undergoing maintenance, of which about 15% of manufacturers will gradually resume production by the end of the month. However, from a comprehensive upstream and downstream supply and demand perspective, there is still a redundancy of silicon material production this month. As for silicon wafers, head and second-tier manufacturers are reducing production according to plan, and inventory consumption is gradually accelerating. Recently, the overall inventory water level has dropped to the level of 3.4-3.6 billion pieces, and it is expected that manufacturers will continue to maintain a low level of production to promote destocking. Module production is gradually decreasing as expected.

In addition, the 17th SNEC International Photovoltaic and Smart Energy (Shanghai) Conference and Exhibition will be held from June 13th to 15th (2024). According to the organizer's pre-show news, the number of exhibitors at this year's exhibition is the highest in history, with 3,500 domestic and foreign exhibitors expected to attend; the expected number of visitors is 500,000; academic experts are expected to attend more than 5,000; overseas procurement teams have a deluxe lineup, with Germany, Spain, Canada, Australia, Argentina, the United Arab Emirates, Saudi Arabia and other countries expected to come and seek cooperation opportunities.