Major progress in anti-tapping of the photovoltaic industry: the silicon material industry is brewing a comprehensive restructuring into a platform company.

According to comprehensive information, some leading enterprises are in talks with small and medium-sized enterprises for acquisitions and restructuring to eliminate some enterprises and their production capacity. Recently, Zhuguanshan, chairman of the silicon material leader Xinxiang Group, stated that 17 silicon material enterprises have agreed to establish a consortium, expected to be completed by 2025. Xinxiang did not disclose details of the consortium. "Finance" summarized multiple sources to outline the framework of the consortium: not more than 10 leading silicon material enterprises and financial institutions will invest in building a silicon material platform company; the platform company will then acquire the production capacity of other silicon material enterprises. Other silicon material enterprises can either choose to invest and become shareholders of the platform company or choose to be acquired by the platform company and leave with money. The industry hopes to rapidly reduce the production capacity of the silicon material industry in this way. In the future, this platform company will coordinate the production and sales of the entire silicon material industry.