Group 1 - The core point of the article is that Longi Green Energy Technology Co., Ltd. has reduced its stake in Zhongjing Technology by selling 80,000 shares, which represents 0.06% of the total share capital [2] Group 2 - The announcement was made on January 9, indicating the transaction occurred on January 8, 2026 [2] - The reduction in shares was executed through centralized trading on the stock exchange [2]

Market Overview - The Shanghai Composite Index rose by 0.92% on January 9, with 29 out of the sectors in the Shenwan classification experiencing gains, led by the media and comprehensive sectors, which increased by 5.31% and 3.60% respectively [2] - The power equipment sector saw a modest increase of 0.69%, while the banking and non-bank financial sectors faced declines of 0.44% and 0.20% respectively [2] Capital Flow Analysis - The main capital flow showed a net outflow of 24.126 billion yuan across the two markets, with 8 sectors experiencing net inflows. The media sector led with a net inflow of 9.703 billion yuan, followed by the non-ferrous metals sector with a 2.78% increase and a net inflow of 4.552 billion yuan [2] - A total of 23 sectors experienced net outflows, with the electronics sector leading the outflow at 9.149 billion yuan, followed closely by the power equipment sector with an outflow of 8.936 billion yuan [2] Power Equipment Sector Performance - Within the power equipment sector, 365 stocks were tracked, with 228 stocks rising and 128 stocks declining. Four stocks hit the daily limit up [3] - The top three stocks with significant net inflows included Mingyang Smart Energy with a net inflow of 398 million yuan, followed by Xian Dao Intelligent and Hai Lu Heavy Industry with inflows of 396 million yuan and 366 million yuan respectively [3] - Conversely, the stocks with the highest net outflows included Sunshine Power with an outflow of 789 million yuan, Huazhong Cable with 746 million yuan, and Far East Holdings with 546 million yuan [5] Notable Stocks in Power Equipment Sector - The top gainers in the power equipment sector included: - Mingyang Smart Energy: +6.81%, turnover rate 10.35%, net inflow 398.49 million yuan - Xian Dao Intelligent: +2.44%, turnover rate 7.85%, net inflow 395.67 million yuan - Hai Lu Heavy Industry: +7.80%, turnover rate 31.55%, net inflow 365.60 million yuan [4] - The stocks with the largest capital outflows included: - Sunshine Power: -1.11%, turnover rate 3.78%, net outflow -788.91 million yuan - Huazhong Cable: +2.08%, turnover rate 56.20%, net outflow -745.81 million yuan - Far East Holdings: -3.30%, turnover rate 16.49%, net outflow -546.58 million yuan [5]

Core Insights - The silicon energy concept sector experienced a decline of 0.32% as of the market close on January 9, with notable declines in stocks such as Hongyuan Green Energy, Daqo New Energy, and Dao Technology [1] - The sector saw a net outflow of 3.178 billion yuan from major funds, with 43 stocks experiencing outflows, and 12 stocks seeing outflows exceeding 100 million yuan [1] Sector Performance - The top gainers in the silicon energy concept included Sanfu Co., TBEA, and *ST Xinyuan, with respective increases of 10.01%, 3.70%, and 2.72% [1] - In contrast, the top decliners included Hongyuan Green Energy (-9.21%), Daqo New Energy (-6.10%), and Dao Technology (-5.33%) [2][3] Fund Flow Analysis - The largest net outflow was from Longi Green Energy, amounting to 530.84 million yuan, followed by Dongfang Risheng with 494.16 million yuan and Dao Technology with 402.19 million yuan [2] - Conversely, the stocks with the highest net inflow included TBEA (247 million yuan), TCL Technology (120 million yuan), and Huaguang Huaneng (58.06 million yuan) [4]

Group 1 - The energy sector is experiencing a rise, with the China Securities New Energy Index increasing by 1.30% as of January 9, 2026, and key stocks such as Mingyang Smart Energy, Goldwind Technology, and Xiamen Tungsten rising by 10.03%, 9.99%, and 9.86% respectively [1] - The globalization and acceleration of intelligence in the new energy vehicle industry is expected to lead to a total export volume of 3.03 million units in 2026, representing a year-on-year growth of 34% and an increase in penetration rate to 45% [1] - AI technology is reshaping the in-car experience, becoming a key differentiator in the market, while advancements in smart driving technology and high-performance chips are accelerating the deployment of new architectures [1] - The demand for upgrading and replacing vehicles is driving consumption upgrades, with high-end vehicle markets outperforming economy models, and domestic brands showing significant potential for market share growth [1] - Despite intensified competition leading to profit pressure, the increase in exports, economies of scale, and local production capacity are expected to enhance the overseas profitability of automotive companies [1] Group 2 - The construction of a national unified electricity market is accelerating, with expected grid investments during the 14th Five-Year Plan period to exceed 4 trillion yuan, a significant increase from 2.8 trillion yuan during the 13th Five-Year Plan [2] - The main grid construction will support the interconnection of the national grid, which is a crucial foundation for building a unified national electricity market and will remain a key focus area [2] - As of December 31, 2025, the top ten weighted stocks in the China Securities New Energy Index include CATL, Sungrow Power, TBEA, LONGi Green Energy, Huayou Cobalt, EVE Energy, China National Nuclear Power, Ganfeng Lithium, Tianci Materials, and Three Gorges Energy, collectively accounting for 43.23% of the index [2]

近日，鄂尔多斯市弘辉新能源有限公司成立，经营范围包含：光伏设备及元器件销售；太阳能发电技术服务；太阳能热利用装备销售；太阳能热发电装备 销售等。企查查股权穿透显示，该公司由隆基绿能间接全资持股。 | | t= 放仪与例 | | | | 图 号出 | CARDIA | | --- | --- | --- | --- | --- | --- | --- | | 序号 | | 股东名称 | 持股比例; | 认缴出资额 : | 认缴出资日期 = 首次持股日期 = | | | | LONGi 西安隆基新能源有限公司 | | 100% | 100万元 | 2030-12-24 | 2025-12-30 | | 11 ▶ | | | | | | | | 级 | 隆基绿能科技股份有限公司 | | 100% | 140000万元 | 2025-12-31 | | | 股 | | | | | | | | 东 | | | | | | | 看个广告休息一下吧 特别声明：索比光伏网所转载其他内容,出于传递更多信息而非盈利之目的,同时并不代表赞成其观点或证实其描述,内容仅供参考。版权归原作者所有,若有 侵权,请联系我们删除。 —结束— ...

Core Insights - Recent focus on space photovoltaics has significantly increased among listed companies in the photovoltaic sector, including Junda Co., JinkoSolar, and Trina Solar, with a particular emphasis on the application prospects of perovskite technology in space [1] - Junda Co. has shown active trading behavior, achieving two trading limits within three days, while other companies like Hanhua Steel and JinkoSolar have also experienced varying degrees of stock price increases [1] - According to Huajin Securities, the global in-orbit data center market is projected to reach $39.09 billion by 2035, indicating a strong demand for lightweight, high-efficiency energy solutions that align well with the advantages of space photovoltaics [1] - Dongwu Securities believes that the rapid development of commercial space and low-orbit satellites will enhance the performance of space photovoltaic energy supply [1] - Guohai Securities suggests that the acceleration of the commercialization process in the space industry will provide more momentum for development [1] Industry and Company Analysis Perovskite Batteries - Jinjing Technology focuses on glass manufacturing, positioned as an upstream TCO glass supplier with a transmittance rate of 94%, already applied in leading perovskite production lines, and possesses full-chain autonomous production capabilities [1] - Wanrun Co. specializes in the R&D and production of perovskite-related materials, positioned as an upstream supplier covering various material categories, with bulk sales to clients like GCL-Poly Energy in the first half of 2025 [2] - Jing Shan Light Machine is engaged in the R&D and manufacturing of photovoltaic equipment, positioned as a midstream RPD equipment supplier, with orders from GCL-Poly Energy and a coating equipment capacity of 15 GW [2] Commercial Space - Shunhao Co. is involved in new tobacco and eco-friendly packaging materials, positioned as a participant in the commercial space sector, having invested 110 million yuan in Orbit Chen Guang, holding a 19.3% stake, focusing on building space data centers [3] - Xice Testing provides environmental reliability testing services, positioned as a commercial space testing service provider, enhancing capabilities for thermal vacuum experiments and satellite payload testing [3] - Zhenlei Technology specializes in the R&D and manufacturing of electronic components for specialized fields, positioned as a supplier of commercial aerospace-grade devices, with products applied in satellite internet [3] Photovoltaics - Tongwei Co. covers silicon materials and battery cells in photovoltaic product R&D and production, positioned as a multi-segment supplier, having established an advanced battery laboratory for perovskite/silicon tandem battery R&D, achieving a conversion efficiency of 34.69% [4] - Longi Green Energy focuses on silicon wafers and modules, positioned as a manufacturer of photovoltaic products, participating in industry capacity integration discussions [4] - Sungrow Power Supply specializes in photovoltaic inverter R&D and manufacturing, positioned as an inverter supplier with capabilities for both string and centralized inverters [4] - Jingyuntong is involved in photovoltaic equipment and silicon wafer production, positioned as a supplier in these segments, with a focus on monocrystalline silicon wafer production and monocrystalline furnace equipment manufacturing [4]

人民财讯1月8日电，企查查APP显示，近日，江苏隆圣云港生物能源有限公司成立，法定代表人为周 锐，注册资本约为5.51亿元，经营范围包含：生物质燃气生产和供应；生物质成型燃料销售；生物质液 体燃料生产工艺研发；太阳能发电技术服务等。企查查股权穿透显示，该公司由隆基绿能（601012）全 资子公司海南隆基生物能源有限公司、江苏中圣新能源控股有限公司等共同持股。 ...

Core Viewpoint - The photovoltaic industry is expected to accelerate supply-demand restructuring driven by the "anti-involution" trend, leading to gradual profit recovery by 2026 [1] Group 1: Supply-Demand Restructuring - The "anti-involution" spirit is deeply penetrating the photovoltaic industry, with main chain prices recovering from the top down, and auxiliary material leading companies showing significant profit recovery by Q3 2025 [1] - The rapid development of energy storage, alongside the implementation of grid parity for solar storage in key markets like China, the US, and Europe, is expected to alleviate the impact of increased photovoltaic installations on the grid [1] - The long-term demand outlook is optimistic due to rising computing power needs and breakthroughs in core photovoltaic technologies for space stations, which will open new application scenarios [1] Group 2: Technology Iteration and Profit Recovery - The penetration rate of low-silver and silver-free technologies is expected to rise quickly, with leading companies likely to recover profits faster than the industry average due to rapid cost reduction in component production [2] - The introduction of low-silver solutions by JinkoSolar and silver-free technologies by LONGi Green Energy is highlighted as key developments in this technology iteration [2] Group 3: Auxiliary Material Companies - Auxiliary material companies are expected to accelerate profit recovery through diversified business layouts, as the pressure on the photovoltaic main chain has been ongoing for over three years [3] - Leading companies in auxiliary materials are preparing for a second growth phase, with non-photovoltaic business proportions expected to increase, contributing to revenue and profit reversals [3] Group 4: Beneficiary Analysis - Companies leading in low-silver and silver-free technology iterations, such as LONGi Green Energy, JinkoSolar, Aiko Solar, and Tongwei Co., are expected to benefit from cost advantages [4] - Companies actively integrating energy storage with photovoltaic operations, like Trina Solar, JinkoSolar, LONGi Green Energy, and JA Solar, are likely to see profit recovery [4] - Leading companies in supporting facilities, such as DKE Holdings, Juhua Materials, and Foster, are expected to continue profit recovery through new technology breakthroughs and business expansions [4]

"2026年组件价格整体将呈现上涨趋势，但当前终端需求侧的支撑仍然薄弱，预计组件价格在上涨之后 将有较强的博弈周期。"对于今年组件价格的走势，SMM光伏高级分析师郑天鸿在接受《证券日报》记 者采访时表示，短期来看，组件价格仍有上涨空间，但当下需求较弱仍是国内组件价格博弈点，价格整 体趋势或将呈现上行中伴随震荡。 "未来，组件价格有望逐步回归合理区间。"隆基绿能相关负责人对《证券日报》记者表示。 本报记者 殷高峰 新年伊始，光伏组件价格再度迎来上调。 据上海有色网（以下简称"SMM"）最新数据，元旦期间，国内头部组件企业TOPCon分布式组件报价大 幅提高至0.82元/瓦到0.86元/瓦。受此影响，其他组件企业也开始调整自身指导价，预计将上调0.02元/ 瓦到0.05元/瓦。 "这次组件价格再度上调的主要因素，一是整治'内卷式'竞争和行业自律的持续作用，二是上游银浆等 材料成本持续上涨。"万联证券投资顾问屈放在接受《证券日报》记者采访时表示。 去年下半年以来，光伏产业链各环节产品价格持续修复。隆基绿能科技股份有限公司（以下简称"隆基 绿能"）、天合光能股份有限公司等多家光伏行业龙头企业的高管在2025光伏行业年 ...

Group 1 - The "anti-involution" trend is reshaping supply and demand in the photovoltaic industry, with price recovery expected as the market stabilizes. The introduction of energy storage at parity in key markets is accelerating, alleviating pressure on the grid from rapid increases in photovoltaic installations. The long-term demand outlook is optimistic due to rising computing power needs and breakthroughs in photovoltaic technology for space applications [2][12][14]. Group 2 - The penetration of low-silver and silver-free technologies is expected to increase rapidly, with leading companies likely to recover profitability faster than the industry average. The rise in silver prices is driving the adoption of these technologies, which are crucial for cost reduction [3][38][43]. Group 3 - The auxiliary material sector, under pressure for over three years, is expected to see a recovery in profitability as companies diversify their business models. Leading firms are preparing for a second growth phase, which will enhance their revenue streams [4][63]. Group 4 - Beneficiary analysis indicates that companies leading in low-silver and silver-free technology, such as Longi Green Energy and JinkoSolar, are well-positioned to benefit from cost advantages. Companies actively investing in energy storage, like Trina Solar and JA Solar, are also expected to see early recovery in profitability [5][73]. Group 5 - Global demand for photovoltaic installations is projected to grow, with an estimated 600 GW and 610 GW of new installations in 2025 and 2026, respectively. However, growth rates may slow due to market saturation in core regions like China and Europe [8][14]. Group 6 - The supply side is experiencing overcapacity, with significant production increases expected in silicon materials and components. The "anti-involution" movement is leading to reduced capital expenditures, which may help manage supply effectively [12][30]. Group 7 - The photovoltaic industry is witnessing a shift towards new technologies and applications, such as space photovoltaics and perovskite solar cells, which are expected to expand market opportunities significantly [49][54].