多部门联合召开光伏反内卷座谈会！光伏反内卷全面升级，光伏龙头ETF(516290)V型反转翻红，连续2日吸金！剧烈阵痛后，光伏板块如何修复？

Core Viewpoint - The photovoltaic sector is undergoing a significant recovery phase after experiencing severe challenges, with industry self-discipline and regulatory measures contributing to a more balanced supply-demand relationship [6][8][11]. Group 1: Market Performance - The photovoltaic leader ETF (516290) experienced a V-shaped reversal, closing up 0.82% after a volatile afternoon session, with over 25 million yuan in inflows for two consecutive days [1]. - Most component stocks of the photovoltaic leader ETF saw gains, with notable performances from companies like Lianhong Xinke, which hit the daily limit, and others like TCL Technology and Longi Green Energy showing positive growth [2][3]. Group 2: Industry Regulation and Self-Discipline - A recent meeting on August 19 emphasized the need for stricter regulation in the photovoltaic industry, focusing on managing project investments, curbing low-price competition, and ensuring product quality [4]. - The photovoltaic industry has seen a collective effort from 33 companies to sign a capacity self-discipline agreement, and major glass manufacturers have announced a 30% production cut to stabilize the market [5][8]. Group 3: Price Recovery and Profitability - The price of polysilicon, a key upstream material, has rebounded from a low of 35 yuan/kg in June 2025 to over 40 yuan/kg recently, indicating a potential improvement in profitability for upstream companies [9]. - The recovery in upstream prices is expected to provide cost support for downstream battery and module sectors, creating opportunities for profit restoration [9]. Group 4: Future Outlook - The photovoltaic sector is anticipated to continue its recovery, with the current price increases viewed as a response to previous significant declines, suggesting further upside potential as supply-side adjustments take effect [11]. - The photovoltaic leader ETF (516290) is highlighted as a low-fee investment option, with management fees at 0.15% and custody fees at 0.05%, significantly lower than the market average [11].