Daqo New Energy(US:DQ) Ge Long Hui·2025-08-05 08:26Group 1 - The core viewpoint of the article highlights that Daqo New Energy (DQ.US) has seen a pre-market increase of over 3.5%, reaching $21.39, driven by positive signals regarding supply-side reforms in the photovoltaic polysilicon sector since mid-July [1] - According to the report from CICC, there have been frequent releases of positive signals regarding supply-side reforms in the polysilicon segment, including plans to raise energy consumption standards and monitoring of existing capacity for energy savings [1] - The revision of the "Price Law" provides a legal basis for "anti-involution," supporting the rise in silicon material prices, which is expected to reflect a supply-side turning point in the polysilicon segment first [1] Group 2 - CICC believes that the supply-demand contradiction in the silicon material segment is relatively deep, and the cost curve is steep, indicating that the photovoltaic industry's long-term profit center may return to a reasonable profit level [1] - Leading companies in the industry are expected to leverage their cost advantages to achieve improvements in unit profitability and market share [1]