According to media reports, including Xinyi Solar, Flat Glass Group, among others, the top ten photovoltaic glass manufacturers held an emergency meeting and reached a consensus to implement a furnace closure reduction plan effective immediately, with a production reduction rate of up to 30%. Reporters sought confirmation from multiple listed photovoltaic glass companies on the above news. A relevant person from Zhuzhou Kibing Group confirmed the meeting. Several industry insiders told reporters that the total cold repair scale of the entire industry has exceeded 12,000 tons per day.

CSC research reports pointed out that in the short term, with the increase in Q3 module production, industry inventory and price pressures are expected to be significantly eased. Prices of silicon materials, silicon wafers, batteries, modules, among others, are expected to stabilize, and prices of some auxiliary materials such as film and glass may also hit bottom and rebound. In the medium to long term, it is expected that the growth rate of photovoltaic terminal demand in the next few years will maintain a central level of around 20%, with guaranteed growth rates for industry core products such as power inverters, brackets, and modules.

According to the Financial Data Center, among related listed companies:

Henan Ancai Hi-Tech is mainly engaged in the research, production, and sales of photovoltaic module encapsulation glass. In 2023, Henan Ancai Hi-Tech's photovoltaic glass production capacity reached 2700 tons per day.

In 2023, Shenzhen Topraysolar's photovoltaic glass revenue accounted for 39.35% of the company's revenue, with an existing daily feeding capacity of 1200 tons for the photovoltaic glass production line.