Group 1 - The China Photovoltaic Association issued a statement refuting rumors circulating online, emphasizing that the association and industry players are working steadily to maintain national and industry interests [1] - The association condemned malicious actions aimed at defaming the photovoltaic industry and stated their commitment to combat such behaviors [1] Group 2 - JinkoSolar's staff responded to media inquiries, clarifying that no executives claimed "the storage platform is failing," labeling the rumor as false [3] - The staff noted that JinkoSolar is not a participant in the storage platform and lacks detailed information on its implementation [3] - The photovoltaic sector experienced a significant decline, with leading companies like Longi Green Energy dropping over 7% and Canadian Solar falling over 14% [3]

Core Viewpoint - Recent rumors regarding the failure of the silicon material storage platform have caused significant turmoil in the photovoltaic industry, leading to a sharp decline in the stock prices of various solar companies [3][4]. Group 1: Market Reaction - On November 12, stock prices of major photovoltaic companies dropped significantly, with notable declines including: - Aiko Technology down 14.33% - Tongwei Co. down 6.06% - Longi Green Energy down 7.35% - JA Solar down 6.84% - Daqo New Energy down 8.76% [3]. Group 2: Industry Response - The China Photovoltaic Industry Association issued a statement on November 12, refuting the rumors and emphasizing that the industry is working steadily towards its goals, urging caution against misinformation [4]. - JA Solar representatives expressed confidence in the photovoltaic industry's policies against "internal competition" and support for the establishment of the storage platform, while acknowledging the need for collaboration to overcome challenges [4].

Group 1 - The core viewpoint of the news highlights significant market fluctuations in the photovoltaic industry, driven by rumors regarding regulatory actions and company statements [2][3]. - A notable decline in stock prices was observed among key players in the photovoltaic sector, with companies like Aters (20.56, -14.33%) and Airo Energy (68.65, -10.16%) experiencing substantial drops [2][3]. - The China Photovoltaic Industry Association issued a statement refuting the circulating rumors, emphasizing the need for careful discernment and condemning malicious actions aimed at undermining the industry [5]. Group 2 - The market saw a significant movement attributed to rumors that a silicon material and component alliance faced regulatory rejection, alongside claims from JA Solar executives about the failure of a photovoltaic storage plan [3]. - The association's response underscores its commitment to protecting national and industry interests against misinformation and malicious market manipulation [5].

Market Performance - The Sci-Tech Innovation Board (STAR Market) index fell by 0.58%, closing at 1379.45 points, with a total trading volume of 4.193 billion shares and a turnover of 181.687 billion yuan, resulting in an average turnover rate of 2.19% [1] - Among the tradable stocks on the STAR Market, 188 stocks closed higher, with 3 stocks rising over 10% and 9 stocks rising between 5% and 10%. Conversely, 396 stocks closed lower, with 7 stocks declining over 10% [1] Turnover Rate Analysis - The turnover rate distribution shows that 3 stocks had a turnover rate exceeding 20%, 14 stocks had a turnover rate between 10% and 20%, and 45 stocks had a turnover rate between 5% and 10% [1] - The highest turnover rate was recorded by Magu Technology at 30.12%, closing up by 5.39%, with a transaction amount of 670 million yuan. He Yuan Biological followed with a turnover rate of 27.54%, closing up by 2.90%, with a transaction amount of 990 million yuan [1][3] Stock Performance - In terms of stock performance, among the stocks with a turnover rate exceeding 5%, 27 stocks rose today, with the highest increases seen in Dekoli (up 11.93%), Ruikeda (up 11.00%), and Yingfang Software (up 8.61%). Conversely, the largest declines were in Artis (down 14.33%), Lais Information (down 12.20%), and World (down 11.12%) [2] - The electronic industry had the most stocks with a turnover rate exceeding 5%, totaling 18 stocks, followed by the power equipment and pharmaceutical sectors with 14 and 9 stocks, respectively [2] Capital Flow - Among the high turnover stocks, 30 stocks experienced net inflows of main funds, with the largest inflows in Shijia Photon (188 million yuan), Baijishenzhou (178 million yuan), and Dekoli (151 million yuan). In contrast, Tianhe Energy, Jinpan Technology, and Artis saw the largest net outflows, totaling 445 million yuan, 180 million yuan, and 163 million yuan, respectively [2] - Recent leverage fund movements indicate that 46 stocks received net purchases of leveraged funds, with the largest increases in financing balances for Artis (552 million yuan), Purun Shares (289 million yuan), and Jinpan Technology (267 million yuan). Conversely, the largest decreases were seen in Jiehuate, Foxit Software, and Xinxiangwei, with reductions of 183 million yuan, 177 million yuan, and 166 million yuan, respectively [2]

Group 1 - The photovoltaic sector experienced a significant decline, with the photovoltaic equipment index (BK1031) dropping by 3.31% as of November 12, 2023, and several stocks, including Longi Green Energy and Aiko Solar, falling over 7% [1][2] - A rumor circulated that a senior executive from JA Solar stated that the "storage platform has failed," which led to a sharp increase in stock prices for companies like Longi Green Energy and JA Solar prior to the decline [2][3] - The China Photovoltaic Industry Association issued a statement refuting the rumors, emphasizing their commitment to industry self-regulation and the importance of distinguishing between false information and reality [3][5] Group 2 - JA Solar expressed confidence in the implementation of policies aimed at reducing "involution" in the industry and supports the establishment of the storage platform, acknowledging the challenges ahead [5][7] - Analysts noted that "involution" competition has suppressed price levels and corporate profits, and a comprehensive approach is needed to address this issue across various industries, including photovoltaic [5][7] - The price of polysilicon remains stable, with the latest data showing the transaction price for n-type polysilicon ranging from 49,000 to 55,000 yuan per ton, with an average price of 53,200 yuan per ton, unchanged from the previous week [6][7]

证券之星消息，11月12日光伏设备板块较上一交易日下跌4.53%，阿特斯领跌。当日上证指数报收于 4000.14，下跌0.07%。深证成指报收于13240.62，下跌0.36%。光伏设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002506 | 协鑫集成 | 3.13 | 5.74% | 1223.33万 | 38.16亿 | | 300724 | 捷佳伟创 | 103.38 | 5.53% | 46.27万 | 47.58亿 | | 300393 | 中来股份 | 8.37 | 4.36% | 283.56万 | 24.07 乙 | | 000159 | 国际实业 | 6.70 | 0.45% | 1 27.29万 | 1.82亿 | | 000821 | 京山轻机 | 14.10 | -0.49% | 87.54万 | 12.61亿 | | 300842 | 竞科股份 | 67.21 | -0.74% | 9.87万 | 6.65亿 | | 600151 | 航天 ...

Core Viewpoint - The A-share photovoltaic sector experienced a significant decline, attributed to market rumors regarding the rejection of a silicon material and component alliance, as well as misleading statements about a storage platform by a senior executive of JA Solar [1][4]. Group 1: Market Reaction - On November 12, major stocks in the photovoltaic sector, including Canadian Solar (阿特斯), JA Solar (晶澳科技), Longi Green Energy (隆基绿能), and others, saw declines exceeding 6%, with Canadian Solar dropping over 14% [1]. - The market reaction was influenced by rumors that a silicon material and component alliance was rejected by authorities, leading to a sell-off in related stocks [1]. Group 2: Clarification of Rumors - JA Solar's staff denied the rumor regarding the statement about the storage platform, clarifying that the company is not a participant in the platform and that the information circulating is false [1]. - The China Photovoltaic Industry Association issued a statement confirming that the rumors are untrue and emphasized their commitment to combating malicious actions aimed at undermining the industry [3]. Group 3: Industry Developments - The storage platform is part of the photovoltaic industry's efforts to combat "involution," with 17 leading companies reportedly signing agreements to collaborate on capacity storage [4]. - Reports indicated that the total funding required for capacity storage could exceed 200 billion to 300 billion yuan, with plans for a fund of approximately 700 billion yuan to facilitate acquisitions [4]. Group 4: Financial Performance - Despite the recent downturn, some photovoltaic companies have shown signs of improved performance, with Longi Green Energy reporting a revenue of 50.915 billion yuan for the first nine months of the year, including a significant reduction in losses in the third quarter [4]. - Analysts noted that the profitability of leading photovoltaic companies improved in the third quarter, driven by stabilized prices in the supply chain and reduced inventory impairment losses [5].

Core Viewpoint - The A-share photovoltaic sector experienced a significant decline, with major companies like Canadian Solar and LONGi Green Energy seeing drops of over 6% to 14% due to market rumors regarding the "storage platform" and its implications for the industry [1][4]. Group 1: Market Reaction - On November 12, the photovoltaic sector faced a broad market pullback, with Canadian Solar (688472.SH) falling over 14% and other companies like JA Solar (002459.SZ) and LONGi Green Energy (601012.SH) dropping more than 6% [1]. - The decline was attributed to rumors that a silicon material and component alliance was rejected by authorities, alongside claims from JA Solar executives about the failure of a storage platform [1][4]. Group 2: Clarifications and Industry Response - JA Solar's staff denied the rumors regarding the storage platform, stating that the company was not involved in such a platform and that the claims were false [1]. - The China Photovoltaic Industry Association issued a statement on the same day, asserting that the circulating rumors were untrue and emphasized their commitment to combating malicious actions aimed at undermining the industry [3]. Group 3: Industry Dynamics and Financial Performance - The "storage platform" is part of the photovoltaic industry's efforts to combat "involution," with significant investments expected, ranging from 20 billion to 30 billion yuan for capacity storage [5]. - Recent financial reports indicate that some photovoltaic companies are showing signs of recovery, with LONGi Green Energy reporting a revenue of 50.915 billion yuan for the first nine months of the year, and a significant reduction in losses over the last two quarters [5][6]. - The improvement in profitability for leading photovoltaic companies is attributed to stabilized prices in the supply chain and reduced inventory impairment losses [6]. Group 4: Future Outlook - Analysts suggest that the photovoltaic industry is making progress in addressing "involution," with upstream sectors expected to see significant reductions in losses in the third quarter [6]. - The focus will be on supply-side measures, such as the establishment of the silicon material storage platform and production limits, as well as demand-side factors like the support for photovoltaic installations and enforcement of pricing regulations [6].

Core Viewpoint - A recent rumor regarding the photovoltaic industry led to a significant decline in the sector, prompting the China Photovoltaic Industry Association to issue a denial and emphasize the need to avoid unhealthy competition [1][4][5] Market Reaction - On November 12, the A-share photovoltaic sector experienced a sharp decline, with the Photovoltaic 50 ETF dropping over 50% at one point and closing down 3.85% [1] - Individual stocks such as Aters saw a drop of over 17% during trading, ultimately closing down 14.3%, while leading companies like Longi Green Energy, Tongwei Co., and JA Solar also faced substantial losses [1][3] Rumor Details - The market downturn was triggered by rumors suggesting that a planned industry consolidation was "off," which quickly spread and affected investor sentiment [1][3] Association's Response - The China Photovoltaic Industry Association publicly refuted the rumors, stating that the circulating information was false and reaffirming their commitment to industry stability [4][5] - Liu Yiyang, the association's executive secretary, emphasized the importance of industry self-regulation and the need to combat unhealthy competition, urging stakeholders to remain vigilant against misinformation [8]

Core Viewpoint - Recent market rumors suggest that the silicon material and component alliance has been rejected by the National Development and Reform Commission and the regulatory authority, leading to significant declines in the photovoltaic and energy storage sectors [1] Industry Summary - The China Photovoltaic Industry Association expresses confidence in the industry's ability to succeed with central government support and coordination among enterprises, while dismissing circulating rumors as false information [1] - The association emphasizes its commitment to protecting national and industry interests and plans to combat malicious actions aimed at undermining the photovoltaic sector [1] Company Summary - The "Storage and Acquisition Plan Alliance" involves leading companies in the polysilicon sector aiming to consolidate the industry by acquiring and shutting down approximately 1 million tons of production capacity, ultimately controlling capacity between 2.2 to 2.5 million tons to ensure a 60-70% operational rate [1]