Zhi Tong Cai Jing·2025-07-31 02:33Core Viewpoint - The photovoltaic stocks have experienced a decline, with significant drops in share prices for companies such as New Special Energy, Fuyao Glass, Xinyi Solar, and Xinyi Glass, amidst clarifications from the China Photovoltaic Industry Association regarding recent rumors in the industry [1] Industry Summary - The China Photovoltaic Industry Association issued a clarification stating that recent media reports about the industry's internal competition, particularly concerning polysilicon, are severely inaccurate. The association emphasized the importance of relying on official information and expressed gratitude for the industry's support [1] - The association aims to promote anti-competitive practices based on legal and market principles, indicating a commitment to addressing the challenges of excessive competition in the sector [1] - There are indications that the recent clarification may relate to market rumors about significant consolidation in the polysilicon industry. Additionally, polysilicon production reached 25,500 tons last week, reflecting a month-on-month increase of 2,500 tons [1] - Despite low downstream production levels and signs of weakening fundamentals in the polysilicon market, prices are expected to remain strong due to market sentiment and policy expectations. However, there are warnings about potential price corrections if policy outcomes do not meet expectations [1]