机构认为光伏排产或存在超预期可能，光伏ETF基金(516180)日内反弹超1.0%

Group 1 - The revision of the "Price Law" provides a legal basis for "anti-involution," signaling positive developments in product quality monitoring and the revision of multi-crystalline silicon energy consumption standards [1] - Despite concerns about negative feedback on terminal demand following price increases in the industry chain, the domestic and international markets are entering a traditional stocking peak in the latter half of Q3, indicating potential for unexpected demand performance based on component production signals from August to September [1] - As of July 28, 2025, the CSI Photovoltaic Industry Index (931151) decreased by 0.16%, with mixed performance among constituent stocks, including a 2.88% increase in Juhe Materials (688503) and a 1.58% decrease in South Glass A (000012) [1] Group 2 - The CSI Photovoltaic Industry Index closely tracks the performance of up to 50 representative listed companies involved in the photovoltaic industry chain, reflecting the overall performance of these securities [2] - As of June 30, 2025, the top ten weighted stocks in the CSI Photovoltaic Industry Index accounted for 55.39% of the index, including major companies such as Sungrow Power (300274) and Longi Green Energy (601012) [2]