Core Viewpoint - The establishment of Beijing Guanghe Qiancheng Technology Co., Ltd. marks a strategic move in the photovoltaic industry, aiming to explore potential collaboration opportunities among major companies in the sector [1][4]. Company Overview - Beijing Guanghe Qiancheng has a registered capital of 3 billion yuan and focuses on technology services, development, consulting, and management [1]. - Major shareholders include Tongwei Co., Ltd. (30.35%), Daqo New Energy (11.13%), and Xinte Energy (10.12%) [4]. Industry Context - The formation of Guanghe Qiancheng is seen as a response to the industry's "anti-involution" efforts, with aims to enhance strategic cooperation in technology upgrades, market expansion, and cost optimization [4]. - Tongwei Co., Ltd. reported a sales volume of 161,300 tons of polysilicon in the first half of 2025, holding a 30% global market share, while also leading in battery sales with 49.89 GW [5]. - Daqo New Energy has established an annual production capacity of 305,000 tons of high-quality polysilicon, contributing 8.52% to China's total polysilicon production in the first half of 2025 [5]. - Xinte Energy produced 33,600 tons of polysilicon in the same period, implementing cost-reduction measures that decreased production costs by approximately 18% year-on-year [5]. Application and Production - High-purity polysilicon is primarily used in the photovoltaic industry, serving as a key upstream component in the production of solar cells [6].

今年10月，协鑫集团董事长朱共山就曾提到，已有17家企业签字基本同意搭建多晶硅收储联合体，预计 于2025年内完成。同月，通威、协鑫等多家多晶硅厂商实控人齐聚上海，就产能整合联合体的股权分 配、资金筹集、责任划分等核心细节进行最终确认。 北京商报讯（记者马换换王蔓蕾）"多晶硅平台公司"北京光和谦成科技有限责任公司（以下简称"光和 谦成"）成立的传闻传播一天后，12月10日，该公司股东名单正式披露，通威、协鑫、大全能源等硅料 龙头均在列。 据了解，光和谦成成立于2025年12月9日，法定代表人为侯一聪，公司注册资本30亿元，地址位于北京 市朝阳区垡头化工东里3号36号楼6层B6221房间。 天眼查显示，光和谦成第一大股东系通威光伏科技（峨眉山）有限公司（以下简称"通威光伏科技"）持 股30.35%，通威光伏科技是通威股份控股孙公司；第二大股东系协鑫科技咨询服务（苏州）有限公司 （以下简称"协鑫科技咨询"），持股比例为16.79%，协鑫科技咨询系协鑫系背景；上海东方希望新能源 科技有限公司、大全能源、新特能源则分别持股11.3%、11.13%、10.12%，位列公司第三、第四、第五 大股东。 另外，光和谦成股东还 ...

今年10月，协鑫集团董事长朱共山就曾提到，已有17家企业签字基本同意搭建多晶硅收储联合体，预计 于2025年内完成。同月，通威、协鑫等多家多晶硅厂商实控人齐聚上海，就产能整合联合体的股权分 配、资金筹集、责任划分等核心细节进行最终确认。 北京商报讯（记者 马换换 王蔓蕾）"多晶硅平台公司"北京光和谦成科技有限责任公司（以下简称"光和 谦成"）成立的传闻传播一天后，12月10日，该公司股东名单正式披露，通威、协鑫、大全能源等硅料 龙头均在列。 不过，今年11月12日也曾出现"乌龙"事件，市场出现"收储平台黄了"的传闻，该消息当天也重创光伏板 块，最终遭到中国光伏行业协会辟谣。 据了解，光和谦成成立于2025年12月9日，法定代表人为侯一聪，公司注册资本30亿元，地址位于北京 市朝阳区垡头化工东里3号36号楼6层B6221房间。 天眼查显示，光和谦成第一大股东系通威光伏科技（峨眉山）有限公司（以下简称"通威光伏科技"）持 股30.35%，通威光伏科技是通威股份控股孙公司；第二大股东系协鑫科技咨询服务（苏州）有限公司 （以下简称"协鑫科技咨询"），持股比例为16.79%，协鑫科技咨询系协鑫系背景；上海东方希望新能源 ...

Group 1 - The core viewpoint of the news is the establishment of Beijing Guanghe Qiancheng Technology Co., Ltd. as a multi-crystalline silicon capacity integration acquisition platform, with a registered capital of 3 billion [3] - The company is located in Chaoyang District, Beijing, and aims to explore potential strategic cooperation opportunities among major industry players, including technology upgrades, market expansion, and capacity and cost optimization [3] - The shareholding structure of Beijing Guanghe Qiancheng Technology Co., Ltd. includes significant stakes from various companies, with Tongwei Co., Ltd. holding 30.35%, and other notable shareholders being GCL-Poly Energy Holdings, Dongfang Hope, Daqo New Energy, Xinte Energy, and Asia Silicon [1][2] Group 2 - The company has a total of 10 shareholders, with 9 of them being silicon material production enterprises, indicating a strong focus on the silicon supply chain within the industry [2] - The establishment of this platform has been anticipated in the industry, suggesting a strategic move towards consolidating resources and enhancing competitive advantages in the multi-crystalline silicon market [3] - The company’s formation date is noted as December 9, 2025, which indicates a future-oriented approach to industry consolidation [3]

财联社记者从企查查获悉，北京光和谦成科技有限责任公司股权穿透图显示，通威股份控股孙公司通威光伏科技（峨眉山）有限公司持股30.35%， 认缴注册资本为91050万元，协鑫科技子公司协鑫科技咨询服务（苏州）有限公司持股16.79%，东方希望、大全能源、新特能源和亚洲硅业持股比例 分别为11.3%、11.13%、10.12%和7.79%。 股东还包括南玻新能源、青海丽豪、新疆戈恩斯、北京中光同合能源科技有限公司（中国光伏行业协会全资控股），共计10家企业，其中9 家为硅料生产企业。 ...

格隆汇12月10日｜据企查查，北京光和谦成科技有限责任公司股权穿透图显示，通威股份控股孙公司通 威光伏科技(峨眉山)有限公司持股30.35%，认缴注册资本为91050万元，协鑫科技子公司协鑫科技咨询 服务(苏州)有限公司持股16.79%，东方希望、大全能源、新特能源和亚洲硅业持股比例分别为11.3%、 11.13%、10.12%和7.79%。股东还包括南玻新能源、青海丽豪、新疆戈恩斯、北京中光同合能源科技有 限公司(中国光伏行业协会全资控股)，共计10家企业，其中9家为硅料生产企业。 ...

12月9日，有消息称，业内酝酿已久的多晶硅产能整合收购平台正式成立，公司名称为北京光和谦成科 技有限责任公司。对此，业内知情人士向证券时报记者表示，北京光和谦成科技有限责任公司为行业内 主要企业探索行业内潜在战略合作机会，如技术升级、市场拓展、产能与成本优化。但对于该公司是否 就是酝酿已久的多晶硅收储平台，该知情人士并未作明确回应。 转自：证券时报 人民财讯12月10日电，企查查APP显示，近日，北京光和谦成科技有限责任公司正式登记成立，注册资 本30亿元，经营范围包含：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；企业管 理咨询。企查查股权穿透显示，该公司由通威股份(600438)旗下通威光伏科技（峨眉山）有限公司、协 鑫科技咨询服务（苏州）有限公司、大全能源(688303)、新特能源（01799.HK）等共同持股。 ...

Group 1 - The photovoltaic equipment sector has experienced a decline, with companies such as Hongyuan Green Energy and Daqo New Energy falling over 4% [1] - Other companies including Tongwei Co., Aerospace Machinery, Tongrun Equipment, and Aiko Solar also saw a drop in their stock prices [1]

Core Viewpoint - The establishment of a polysilicon storage platform by Beijing Guanghe Qiancheng Technology Co., Ltd. is seen as a significant move to address overcapacity and intense competition in the photovoltaic industry, although the company's registration details remain unverified [1][2]. Group 1: Company Information - Beijing Guanghe Qiancheng Technology Co., Ltd. was registered on December 9, 2025, with a registered capital of 3 billion yuan, and its legal representative is Hou Yicong [1]. - The company's business scope includes technology services, development, consulting, exchange, transfer, and promotion [1]. Group 2: Industry Context - The polysilicon storage platform is intended to be a joint effort by leading polysilicon companies to purchase and eliminate outdated production capacity, thereby alleviating overcapacity and price competition in the industry [2]. - The initiative has been publicly acknowledged by GCL Group, with 17 companies reportedly agreeing to form a consortium, expected to be completed by 2025 [2]. - The current polysilicon production capacity is highly concentrated, with China accounting for 95% of global capacity, and the top five companies holding nearly 80% market share [3]. Group 3: Market Dynamics - The polysilicon segment's supply-demand fundamentals and price fluctuations directly impact the downstream industry [3]. - Despite weak supply and demand conditions, the actual shipment volumes and companies' commitment to maintaining price stability are expected to influence market prices more than basic supply-demand factors [3]. - As of December 9, 2023, shares of leading polysilicon companies such as GCL Technology, Tongwei Co., Daqo New Energy, and Xinte Energy showed active trading with respective price increases of 2.61%, 3.61%, 5.96%, and 1.75% [3].

Core Insights - The photovoltaic industry is facing severe challenges in 2025, with significant overcapacity and price declines across the supply chain, leading to widespread losses [2][4] - The industry is transitioning from an "efficiency era" to a "value era," with a focus on quality and technological differentiation as companies target emerging overseas markets [3][25] - The "anti-involution" campaign is gaining momentum, aiming to curb unhealthy competition and stabilize prices, with various government initiatives and industry meetings addressing these issues [5][6] Group 1: Industry Challenges - By Q2 2025, nominal capacities for silicon materials, wafers, cells, and modules exceeded 1200 GW, while global new installation demand is projected at only 570-630 GW, indicating severe overcapacity [2] - The price of silicon materials dropped to 35,000 CNY/ton, with significant declines in other components, leading to substantial losses for companies in the sector [4] - A total of 50+ photovoltaic companies have filed for bankruptcy or liquidation, reflecting the industry's dire financial situation [10] Group 2: Government and Industry Response - The Ministry of Industry and Information Technology has emphasized the need to regulate low-price competition and promote quality improvements in the photovoltaic sector [5][6] - Various meetings and policies have been initiated to address the "anti-involution" issue, including a focus on orderly exit of outdated capacities and establishing a warning mechanism for companies selling below cost [6][9] - The establishment of a silicon material storage mechanism is being considered to balance supply and demand, with industry leaders expressing cautious optimism about its implementation [7][9] Group 3: Market Dynamics and Future Outlook - The photovoltaic industry is expected to see a decline in new installations in 2026, influenced by policy changes and market conditions, with projections of 270-300 GW for 2025 and a potential drop in 2026 [31][32] - The average prices for silicon materials, wafers, and cells have shown signs of recovery, with increases of 31.6%, 6.8%, and 6.5% respectively by September 2025 [11] - Companies are increasingly focusing on overseas markets, with significant growth in exports to emerging markets, despite a decline in overall export value [16][20] Group 4: Technological Advancements - The industry is undergoing a technological shift from P-type to N-type solar cells, with TOPCon technology leading in market share and efficiency improvements [25][26] - Innovations such as silver-free and low-silver technologies are being pursued to reduce costs, particularly in light of rising silver prices [27] - The integration of different technologies, including TOPCon, HJT, and BC, is expected to shape the future landscape of the photovoltaic industry [25][29]