Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-08-01 06:39Core Viewpoint - The photovoltaic industry is expected to return to an orderly competitive state due to the price law revision draft addressing "involution" competition and upstream capacity consolidation, with recent increases in silicon material and wafer prices likely to transmit downstream [1] Group 1: Photovoltaic Industry - Silicon material and wafer prices have recently increased, indicating a potential rebound in component prices [1] - Bifacial cell technology is expected to command a premium due to its efficiency advantages [1] - The expectation for consolidation in the silicon material segment is becoming clearer, with photovoltaic glass companies proactively reducing production by 30% to alleviate inventory pressure [1] Group 2: Battery Technology - Solid-state batteries are identified as the next generation direction due to their high energy density and safety, accelerating the industrialization process and driving upgrades across the entire supply chain [1] Group 3: Wind Power Sector - The Jiangsu offshore wind project is progressing, with an expected contribution of over 10 GW of installed capacity over the next 25-30 years, indicating significant growth potential in domestic offshore wind [1] Group 4: Power Equipment Sector - The power equipment sector is benefiting from the high computing power demand driven by AI, with strong demand for high-power diesel generators, high-density server power supplies, and liquid cooling systems [1] Group 5: Investment Opportunities - The Guotai New Energy ETF (159387) tracks the Innovation Energy Index (399266), which can fluctuate by up to 20% in a day, focusing on companies in the renewable energy sector with high growth potential and R&D investment [1]