Hong Kong stock market concept tracking | Ministry of Industry and Information Technology governs the photovoltaic industry's low-price disorderly competition. Silicon wafer prices are expected to bottom out (with concept stocks attached)

According to the GMTEight APP, on July 3rd, the Secretary of the Party Group and Minister of Industry and Information Technology, Li Lecheng, chaired the fifteenth Manufacturing Industry Enterprise Symposium, focusing on accelerating the high-quality development of the photovoltaic industry, listening to the situation and suggestions from photovoltaic industry enterprises and associations. Li Lecheng emphasized the need to focus on key difficulties, govern the photovoltaic industry's low-price disorderly competition in accordance with the law, guide enterprises to improve product quality, promote the orderly withdrawal of outdated production capacity, and achieve healthy and sustainable development. Industry enterprises should vigorously promote the entrepreneurial spirit, anchor the correct direction, focus on technological innovation, adhere to quality and safety bottom lines, strengthen international cooperation, further expand the depth and breadth of photovoltaic applications, accelerate the competitive advantage of China's next-generation photovoltaic products, and strive to become a global technology leader in the solar industry and a key participant in global energy low-carbon transformation. Industry associations should play a role as a bridge and link between government and enterprises, guide enterprises to strengthen industry self-discipline, fulfill social responsibilities, and jointly create a good industrial ecosystem. The Silicon Branch issued a document stating that this week, silicon wafer prices continued to decline under pressure. Among them, the average transaction price of N-type G10L monocrystalline silicon wafers (182*183.75mm/130m) was 0.86 yuan per piece, a slight decrease of 3.37% from last week; the average transaction price of N-type G12R monocrystalline silicon wafers (182*210mm/130m) was 1.00 yuan per piece, a slight decrease of 1.96% from last week; the average transaction price of N-type G12 monocrystalline silicon wafers (210*210mm/130m) was 1.19 yuan per piece, a slight decrease of 3.25% from last week. Central China pointed out that polysilicon companies are actively conducting capacity replacement, replacing large production lines that have been operated with smaller production lines, leading to a small rebound in industry production. Due to the resumption of operation of previously shut down equipment and factors such as the "430" and "531" rush to install, the capacity of photovoltaic glass has climbed from the bottom. Looking ahead, after the rush to install photovoltaic components ends, the demand for installations will once again decline, and the continuous bleeding will accelerate the elimination of outdated production capacity in the industry. Guolian Minsheng Securities released a research report stating that the supply-side adjustment of the photovoltaic industry chain continues to deepen, and the polysilicon sector is expected to be one of the first links to complete the adjustment. The cost curve of the silicon material industry is relatively steep, and the operating rate of heavy asset links has a significant impact on marginal costs. Capacity adjustments are expected to be completed first, driving industry profits towards leading companies. Related Hong Kong stocks in the photovoltaic sector: Silicon materials: XINTE ENERGY (01799), GCL TECH (03800) Photovoltaic glass: XINYI SOLAR (00968), FLAT GLASS (06865), Triumph New Energy (01108), IRICO NEWENERGY (00438)