On October 23, Tongwei Co., Ltd., Flat Glass Group quickly rose by the daily limit, with Daquan Energy rising by more than 10%, TCL Zhonghuan Renewable Energy Technology, DeYe Shares, Opple Lighting, Shenzhen Hopewind Electric, Shanghai Aiko Solar Energy, Ginlong Technologies and others rising by more than 5%. On the news front, according to the official website of the United States government, the US Department of Commerce initiated a change circumstance review (CCR) from October 21, considering partial revocation of the anti-dumping and countervailing duty (AD/CVD) on Chinese crystalline silicon photovoltaic cells, inviting relevant parties to express their opinions. The products involved are certain small, low-wattage, off-grid crystalline silicon photovoltaic (CSPV) cells. If this policy is implemented, it will directly benefit the photovoltaic industry, including component companies such as Longi, JA Solar, JinkoSolar, Tongwei, and Artes, indirectly benefiting photovoltaic main and auxiliary materials.

On the fundamental side, as the photovoltaic industry enters the fourth quarter, with the recovery of capacity utilization rates, there is hope for marginal improvement in business sentiment. The core contradiction of the industry chain still lies on the supply side. Price recovery in the industry chain is a key signal. In the long term, the recovery space depends on the improvement of the fundamentals. On October 18, the photovoltaic industry association issued a notice via official channels – "Analysis of Current Costs of Photovoltaic Modules: Suspected Illegal Bidding and Winning Below Cost", while also announcing the calculated lowest tax-included cost of photovoltaic modules in October 2024: 0.68 yuan/W, which is expected to effectively curb the industry's vicious competition.

Overall, in the recent period, the new energy sector continues to heat up, while the photovoltaic sector remains active. With the recent significant market rebound, the valuation level of the photovoltaic industry has been somewhat restored but still remains at a relatively low position. The photovoltaic ETF (159857) is currently the largest photovoltaic ETF fund on the Shenzhen Stock Exchange (comparable funds are ETF funds listed on the Shenzhen Stock Exchange tracking the photovoltaic industry index), providing investors with a convenient investment method. Interested investors can continue to follow up.

The market involves risks, and investment needs to be cautious.index fundsExistence of tracking error. Data source: iFinD. Individual stocks are only presented objectively and not as recommendations.