According to the Securities Times app, photovoltaic stocks collectively rose. As of the time of publication, flat glass (06865) rose by 14.34%, to HK$11.96; xinyi solar (00968) rose by 7.34%, to HK$3.51; xinyi glass (00868) rose by 6.27%, to HK$8.3; gcl tech (03800) rose by 5.26%, to HK$1.2; xinte energy (01799) rose by 3.95%, to HK$7.23.

On the news front, the Ministry of Industry and Information Technology website released the "Guidelines for the Construction of Photovoltaic Industry Standard System (2024 Edition)." Among them, it is proposed to aim at promoting the high-end, intelligent, green, and integrated development of the photovoltaic industry, strengthen the top-level design of standard work, enhance the coordinated standardization of the entire industry chain, increase the supply of advanced standards, improve the effectiveness of standard implementation, promote the internationalization of standards, and lead the high-quality development of the photovoltaic industry.

Orient Securities stated that in the first half of this year, the industry released performance pressure as scheduled, and risks were effectively released. Some parts of the third quarter have already begun to stabilize prices and attempt to raise prices, indicating that the price competition caused by overcapacity is expected to end, and the industry will enter a period of rectification. Recently, there have been frequent positive developments in the industry, the USA officially started lowering interest rates, reducing the cost of funds for overseas power plant investments, which is beneficial for overseas installations. The bank determines that industry supply in the second half of the year will gradually be optimized, and the demand side driven by emerging markets overseas is expected to exceed expectations. The industry will gradually emerge from the profit abyss and restore positive cash flow.