光伏ETF（159857）涨超4%，实时成交额居深市同标的第一，机构：行业或已临近基本面拐点

Group 1 - The photovoltaic sector showed strong performance on September 4, with the photovoltaic ETF (159857) rising over 4% and achieving a trading volume of nearly 150 million yuan, leading the Shenzhen market in this category [1] - Key stocks within the ETF, such as Daqo Energy, Shuneng Electric, Aiko Solar, and Sungrow Power, experienced significant gains, with Daqo Energy increasing by over 12% [1] - The photovoltaic ETF closely tracks the CSI Photovoltaic Industry Index, which includes publicly listed companies involved in the photovoltaic industry chain, selecting up to 50 representative companies to reflect the overall performance of the sector [1] Group 2 - Recent reports indicated that some photovoltaic glass companies have raised their new order prices for September, with the benchmark price for 2.0mm single-layer coated (panel) glass increasing to 13 yuan per square meter, up by 2 yuan from July [2] - A meeting held by six departments, including the Ministry of Industry and Information Technology, on August 19 aimed to further regulate the competitive order within the photovoltaic industry [2] - According to Huachuang Securities, the core revenue of the photovoltaic sector is expected to decline by 9.7% year-on-year in the first half of 2025, but domestic demand is driving improvements in operating rates and revenue in the second quarter [2] - The industry is currently facing pressure from pricing within the supply chain, with negative gross margins reported for silicon wafers in the second quarter [2] - CITIC Securities noted that with the industry moving towards regulated and orderly competition, there is potential for price recovery and profit restoration, indicating that the sector is nearing a fundamental turning point [2]