The news of reduced production of photovoltaic glass is confirmed. Several photovoltaic glass concept stocks reversed their losses in the first quarter compared to the previous quarter.

According to the Shanghai Nonferrous Network, in order to break the "zero-sum" competition, domestic leading photovoltaic glass companies plan to collectively reduce production by 30% starting from July. It is expected that the supply of domestic photovoltaic glass will rapidly decline in the future, improving the imbalance between supply and demand domestically. It is estimated that domestic glass production in July will decrease to around 45GW. In response, Liu Qin, the secretary of the board of directors of Yama Group, confirmed that the reduction in production in the photovoltaic glass industry is true, and the accelerated clearance of production capacity will effectively promote sustainable and healthy development of the industry. The competition in the domestic photovoltaic glass industry is becoming increasingly fierce, and the huge demand in overseas markets has opened up broad development space for photovoltaic glass companies. According to the Securities TimesData Treasure statistics, there are more than ten concept stocks related to photovoltaic glass, with Folangte, Qibin Group, CSG A, and Dongfang Rising at the forefront in terms of market value. In terms of performance, many concept stocks turned losses into profits or reduced losses in the first quarter of this year, with Qibin Group, Folangte, Yama Group, Jinko Solar, and CSG A all reporting a turnaround in net profit compared to the previous quarter.