According to Soochow's Research Reports, the continuous low profitability in the Glass industry has led to a reduction in supply, temporarily easing the supply-demand contradiction. Prices oscillate at low levels, with limited rebound space and sustainability constrained by the strength of end-user demand. Mid-term supply-demand rebalancing still needs to observe the extent and pace of further capacity clearance, with the fourth quarter to the first quarter of next year being an important observation window for high-cost production lines that are in production to stop and undergo cold repairs. Float glass leaders enjoy long-term cost advantages from resources such as silica sand, enjoy excess profits, and are expected to benefit from the clearance of industry capacity, along with the growth of diversified businesses such as Photovoltaic Glass.