Sungrow Power Supply(SZ:300274) Di Yi Cai Jing·2025-08-22 11:43Core Viewpoint - The China Photovoltaic Industry Association (CPIA) proposes that power station companies optimize bidding rules by reducing the weight of price and increasing the weight of technical evaluation in order to combat "involution" in the photovoltaic industry [1][4]. Group 1: Bidding and Procurement - The recent large-scale procurement by China Huadian Corporation for photovoltaic components has a total scale of 20GW, divided into two segments: 18GW and 2GW [1]. - The average bidding price for the first segment has risen to 0.71 yuan/W, exceeding the previously set industry self-discipline bottom price of 0.692 yuan/W, with only a few bids below 0.7 yuan/W [3]. - The first segment requires N-type TOPCon monocrystalline bifacial double-glass components with a conversion efficiency greater than 22.5%, with over 40 companies participating and bidding prices ranging from 0.6464 yuan/W to 0.7518 yuan/W [3]. - The second segment requires high-efficiency N-type TOPCon, HJT, and BC monocrystalline bifacial double-glass components with a conversion efficiency greater than 23.8%, with 26 companies participating and bidding prices ranging from 0.7076 yuan/W to 0.8431 yuan/W [3]. Group 2: Industry Self-Regulation and Legal Compliance - The CPIA emphasizes strict adherence to various laws, including the Price Law and Anti-Monopoly Law, to resist malicious competition through pricing below cost [4]. - The association advocates for companies to optimize bidding rules, reduce price weight, and enhance technical evaluation weight [4]. - A recent meeting involving multiple government departments highlighted the need to curb low-price disorderly competition and establish effective price monitoring and product pricing mechanisms [4][5]. Group 3: Market Dynamics and Future Outlook - Since the third quarter of 2024, relevant national departments have issued documents aimed at exiting inefficient capacity, preventing involution competition, and promoting the construction of photovoltaic bases [5]. - Recommendations include ensuring that winning bid prices do not fall below cost to facilitate an orderly clearing of supply in the photovoltaic sector [5].