证券之星消息，12月26日光伏设备板块较上一交易日上涨2.75%，协鑫集成领涨。当日上证指数报收于3963.68，上涨0.1%。深证成指报收于 13603.89，上涨0.54%。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 | 办整集成 | 2.93 | 10.15% | 447.57万 | | 12.84亿 | | 002865 | 钧达股份 | 54.87 | 10.00% | 25.42万 | | 13.69亿 | | 600537 | 亿晶光电 | 4.33 | 9.90% | 119.89万 | | 5.13亿 | | 300274 | 阳光电源 | 181.08 | 7.86% | 114.82万 | | 205.19亿 | | 300118 | 东方日升 | 15.70 | 5.72% | 231.05万 | | 37.03亿 | | 300724 | 捷佳伟创 | 97.60 | 5.50% | 33.59万 | | ...

Market Overview - The A-share photovoltaic sector experienced a surge of nearly 3%, with leading stocks including Yangguang Electric (300274.SZ), Jiejia Weichuang (300724.SZ), and Longi Green Energy (601012.SH) showing significant gains [2] - The continuous capacity reduction in upstream silicon materials and rising silver paste prices are positively impacting the photovoltaic industry chain, leading to price increases in downstream silicon wafer companies [2][3] Price Trends - According to Infolink Consulting, the prices of silicon wafers have increased significantly due to strong pricing intentions from silicon wafer manufacturers. The average transaction prices for various types of N-type monocrystalline silicon wafers rose as follows: - N-type G10L: 1.2 yuan/piece, up 2.56% week-on-week - N-type G12R: 1.31 yuan/piece, up 9.17% week-on-week - N-type G12: 1.52 yuan/piece, up 1.33% week-on-week [2][3] Cost Structure - Silver paste has surpassed silicon materials to become the largest cost component in photovoltaic modules, with silver prices increasing over 140% this year. The cost breakdown for photovoltaic components is as follows: - Silver paste: 17% - Silicon materials: 14% - Glass: 13% [3] Component Pricing - Major component manufacturers are raising module prices in response to rising silver prices, with recent market price increases ranging from 0.02 yuan/watt to 0.04 yuan/watt. The current transaction price for mainstream distributed components is between 0.68 yuan/watt and 0.71 yuan/watt [4] Industry Performance - The photovoltaic industry's upstream polysilicon spot prices have risen from 35,400 yuan/ton to 53,600 yuan/ton, leading to a reduction in industry losses. In the first three quarters of 2025, the industry reported losses of 31.039 billion yuan, with the third quarter losses narrowing by nearly 50% compared to the second quarter [5] Regulatory Environment - The National Development and Reform Commission emphasized the need for order regulation and innovation in the photovoltaic sector, aiming to enhance industry concentration and maintain a fair competitive environment. The focus is on eliminating inefficient capacity and promoting differentiated competitive advantages [4] Capacity Growth - As of the end of November, China's total installed power generation capacity reached 3.79 billion kilowatts, a year-on-year increase of 17.1%. Solar power generation capacity specifically reached 1.16 billion kilowatts, marking a 41.9% year-on-year growth [4]

Core Viewpoint - The A-share photovoltaic sector experienced a significant price increase, with several companies leading the surge, driven by rising upstream silicon material prices and strong pricing intentions from silicon wafer manufacturers [1] Market Performance - On December 26, the A-share photovoltaic sector rose nearly 3%, with companies such as Sunshine Power (300274.SZ), Jiejia Weichuang (300724.SZ), Junda Co., Ltd. (002865.SZ), GCL-Poly Energy (002506.SZ), and Longi Green Energy (601012.SH) showing notable gains [1] Price Trends - The continuous capacity reduction in upstream silicon materials and the increase in silver paste prices are contributing to a positive price trend throughout the photovoltaic industry chain, with several silicon wafer companies raising their prices this week [1] - According to Infolink Consulting, the price of silicon wafers has strengthened significantly over the past week due to the strong willingness of silicon wafer manufacturers to maintain prices, and downstream component companies are generally responding to this industry self-discipline [1] Future Outlook - Infolink Consulting indicates that the sustainability of this price increase is contingent on whether upstream silicon material prices rise as expected, and the future price trends remain to be observed as the new round of silicon wafer pricing has not yet seen widespread transactions [1]

受硅料和银浆涨价影响，硅片企业挺价意愿较为强烈，过去一周的硅片的价格明显走强。 对于这轮涨价行情的持续性，Infolink Consulting认为，当前多数硅片企业的观察重点仍集中于上游硅料 的价格是否如期上调，在新一轮硅片报价还没有全面放量成交的背景下，后续的价格走势仍有待进一步 观察。 随着银价年内涨超140%，银浆已超越硅料，成为光伏组件的最大成本项。以2025年12月产业链成交价 格测算，据国金证券分析师姚遥报告数据，目前光伏组件成本较高的前三大单一项依次为银浆、硅料、 玻璃，占比分别为17%、14%、13%。 12月26日，A股光伏板块盘中一度大涨近3%，截至记者发稿，阳光电源（300274.SZ）、捷佳伟创 （300724.SZ）、钧达股份（002865.SZ）、协鑫集成（002506.SZ）、隆基绿能（601012.SH）等个股领 涨。 从市场基本面来看，第一财经记者注意到，随着上游硅料去产能的持续推进及银浆价格的走高，光伏产 业链价格的提振有向下游传导的趋势，本周多家硅片企业上调报价。 据行业机构Infolink Consulting消息，由于硅片企业挺价意愿较为强烈，过去一周的硅片价格明显 ...

受头部硅片企业大幅上调报价利好刺激，今日A股光伏设备板块持续走高。 截至收盘，板块资金净流入52.94亿元。 个股表现上，协鑫集成、钧达股份、亿晶光电涨停，东方日升、阳光电源、阿特斯、福斯特、隆基绿能 纷纷走强。 | 代码 名称 | 现价 | 涨跌 | 涨幅+ | | --- | --- | --- | --- | | 002506 协鑫集成 | 2.93 | | +0.27 +10.15% | | 002865 钓达股份 | 54.87 | +4.99 | +10.00% | | 600537 亿晶光电 | 4.33 | +0.39 | +9.90% | | 300274 阳光电源 | 181.08 | +13.20 | +7.86% | | 300118 东方日升 | 15.70 | +0.85 | +5.72% | | 300724 捷佳伟创 | 97.60 | +5.09 | +5.50% | | 688472 阿特斯 | 16.54 | +0.83 | +5.28% | | 688033 天宜新材 | 8.24 | +0.35 | +4.44% | | 601012 隆基绿能 | 19.02 | + ...

Group 1 - The core viewpoint of the news is that the power equipment and photovoltaic equipment sectors are experiencing significant growth, driven by strong market demand and supportive government policies [1][2][5] - On December 26, the photovoltaic equipment index rose by 3.71% to 7014.51 points, while the power equipment index increased by 1.19% to 1029.01 points, with many stocks hitting the daily limit [1] - Key companies in the photovoltaic sector, such as GCL-Poly Energy (002506), Junda Co., Ltd. (002865), and Yijing Photovoltaic (600537), saw their stocks hit the daily limit, indicating strong investor interest [1] Group 2 - The surge in both sectors is attributed to three main factors: short-term performance support, long-term development direction, and practical industry implementation [2] - As of November 2023, the total installed power generation capacity in China reached 3.79 billion kilowatts, a year-on-year increase of 17.1%, with solar power capacity growing by 41.9% [2] - The National Development and Reform Commission's recent policy emphasizes the need for smart upgrades in traditional industries, which will support digital transformation and modernization efforts [2][3] Group 3 - The article highlights the importance of regulating order and innovation in industries such as new energy vehicles, lithium batteries, and photovoltaics, which are seen as key drivers of high-quality foreign trade development [3] - The policy aims to enhance competition and increase industry concentration, benefiting leading companies with technological barriers and scale advantages [3][5] - The successful commissioning of the Taizhou pumped storage power station, a key project under the national plan, showcases advancements in domestic technology and materials, reinforcing the industry's capabilities [4][5] Group 4 - The rapid progress of the pumped storage project reflects the effectiveness of policy execution and strengthens market expectations for the scaling of related renewable energy projects [5] - The acceleration of pumped storage projects is expected to drive demand for reversible hydraulic turbine generator sets and energy storage control systems, providing new growth opportunities for the power equipment sector [5]

Market Overview - The market experienced a high opening followed by a decline, with all three major indices turning negative during the session. The Shanghai and Shenzhen markets saw a half-day trading volume of 1.45 trillion, a significant increase of 251.3 billion compared to the previous trading day. Over 3,900 stocks in the market declined [1] - The Shanghai Composite Index fell by 0.19%, while the Shenzhen Component Index rose by 0.17%, and the ChiNext Index decreased by 0.15% [1] Sector Performance - The lithium battery supply chain showed strong performance, with Tianji Co. achieving three consecutive trading limits in four days, and several other stocks like Hongyuan Pharmaceutical and Yongxing Materials hitting their daily limits [1] - The commercial aerospace sector remained active, with Shenjian Co. achieving seven consecutive trading limits and Jiuding New Materials achieving four consecutive limits [1] - The photovoltaic sector saw partial gains, with stocks like GCL-Poly and Yijing Photovoltaic hitting their daily limits [1] - The Hainan Free Trade Zone concept stocks were also active, with Hainan Development achieving five limits in six days [1] - In contrast, the computing hardware sector showed weakness, with Changguang Huaxin dropping over 10% [1] Lithium Market Insights - The main contract for lithium carbonate surged past 130,000, increasing by over 8% during the day, marking a new high since November 2023. The market outlook for lithium prices remains optimistic due to recovering quarterly earnings from lithium companies and increasing demand from new energy vehicles [3] - The China Nonferrous Metals Industry Association's lithium division indicated that lithium futures prices are expected to gradually rise by November 2025, with increased volatility anticipated [3] Hainan Free Trade Zone Developments - The Hainan Free Trade Port officially commenced its first week of full island closure, with customs reporting over 400 million yuan in "zero tariff" imports and over 20 million yuan in domestic processing goods exempt from tariffs [5] - The duty-free shopping market in Hainan saw a surge, with shopping amounts reaching 1.1 billion yuan and 165,000 shoppers during the week of December 18-24 [5] Photovoltaic Sector Developments - Four leading silicon wafer companies significantly raised their prices on December 25, with average increases reaching 12%. This price hike is attributed to substantial increases in upstream silicon material costs [9][20] Investment Trends - UBS Wealth Management forecasts that the Chinese stock market will continue to have upward potential, driven by advanced manufacturing and technology sectors. The report highlights that AI and technology are key growth drivers, with expectations for significant earnings growth in the Hang Seng Technology Index by 2026 [30] - The National Development and Reform Commission announced that the National Venture Capital Guidance Fund will increase investments in early-stage projects in sectors such as integrated circuits, artificial intelligence, aerospace, and low-altitude economy [31]

Market Overview - The A-share market experienced a sharp pullback after an initial rise, with all three major indices turning negative during the session. The total trading volume in the Shanghai and Shenzhen markets reached 1.45 trillion, a significant increase of 251.3 billion compared to the previous trading day. Over 3,900 stocks in the market declined [1]. Sector Performance - The lithium battery industry chain showed rapid strength, with Tianji Co. achieving three consecutive trading limits in four days. Other stocks such as Hongyuan Pharmaceutical and Yongxing Materials also hit the daily limit [2]. - The commercial aerospace concept remained active, with Shenjian Co. achieving seven consecutive trading limits [2]. - New materials stocks saw four consecutive trading limits, and Jiayuan Technology reached the daily limit. The photovoltaic sector experienced localized gains, with companies like GCL-Poly Energy and Yijing Photovoltaic hitting the daily limit. The Hainan Free Trade Zone concept was also active, with Hainan Development achieving five trading limits in six days [3]. Declining Sectors - The computing hardware concept showed weakness, with Changguang Huaxin dropping over 10%. By the end of the trading session, the Shanghai Composite Index fell by 0.19%, while the Shenzhen Component Index rose by 0.17%, and the ChiNext Index decreased by 0.15% [4].

12月26日，电新板块强势冲高，截至10:07，同类费率最低档的光伏龙头ETF（516290）跳空高开，放量大涨2.65%！同类规模领先、费率最低档的 电池50ETF（159796）涨1.54%，冲击六连涨，盘中资金汹涌布局，获4200万份净申购！ 光伏龙头ETF（516290）标的指数成分股多数冲高，成分股批量涨停，东方日升、协鑫集成、钧达股份等涨停，阳光电源大涨超8%。阿特斯涨超 7%，TCL中环、隆基绿能等涨超4%，通威股份、正泰电器等涨幅居前。 【光伏龙头ETF（516290）标的指数前十大成分股】 | 南昌 | 代码 | 名称 | 申万一级行业 | 涨跌幅 | 估買权重 ▼ | | --- | --- | --- | --- | --- | --- | | 1 | 600089 | 特变电工 | 电力设备 | 1.43% | 10.15% | | 2 | 601012 | 隆基绿能 | 电力设备 | 4.38% | 9.68% | | 3 | 300274 | 阳光电源 | 电力设备 | 8.35% | 8.34% | | 4 | 000100 | TCL科技 | 曲子 | -0.67% | 8.0 ...

每经AI快讯，12月26日，光伏概念表现活跃，协鑫集成（002506）涨停，东方日升（300118）涨超 10%，中来股份（300393）、京山轻机（000821）、天合光能跟涨。 ...