Risen Energy(SZ:300118) Quan Jing Wang·2025-08-01 08:51Core Viewpoint - The photovoltaic industry in China is transitioning from price competition to technology-driven competition, supported by government policies aimed at fostering high-quality development and reducing low-price competition [2][3][5]. Industry Summary - The "anti-involution" policies are effectively addressing issues of low-price competition and redundant construction in the photovoltaic sector, creating a more favorable environment for companies focused on technological innovation [2][3]. - The introduction of a cost baseline for components by the photovoltaic industry association and the revision of industry regulations by the Ministry of Industry and Information Technology are key measures to promote orderly development [2][3]. - The implementation of the revised "Anti-Unfair Competition Law" provides a stronger legal framework to combat unfair competition practices, further supporting the industry's shift towards quality and innovation [2][3]. Company Summary - Dongfang Risen Energy Co., Ltd. is actively responding to national policies by increasing investments in technological innovation, product development, and brand building, aiming to create value for customers and contribute to global carbon neutrality [1][4]. - The company is advancing its Baotou integrated project, leveraging its "green electricity + green hydrogen" dual-drive strategy and cutting-edge technologies like heterojunction cells to compete for project orders [1][3]. - Dongfang Risen is committed to developing high-efficiency green products with lower electricity costs and carbon footprints, enhancing its product structure and accelerating the elimination of low-end capacity [4][5]. - The company has achieved significant breakthroughs in efficiency and carbon reduction through its heterojunction technology, which has led to reduced water consumption and carbon emissions during production [4]. - The ongoing technological innovations and strategic positioning of Dongfang Risen are expected to solidify its competitive advantage and drive the entire industry towards value-based competition, particularly in the context of the dual carbon goals [5].