Zheng Quan Ri Bao Wang·2025-09-04 14:05Group 1: Industry Overview - The photovoltaic sector has been significantly impacted by "involution," leading companies to emphasize the importance of "de-pricing wars" in their half-year reports [1][3] - Major photovoltaic companies in the Shanghai market are focusing on technological upgrades and cash flow improvements as core strategies for the second half of the year [1] Group 2: Company Performance - Longi Green Energy reported a revenue of 32.813 billion yuan for the first half of 2025, a year-on-year decrease of 14.83%, with a net loss of 2.569 billion yuan, although the loss has narrowed compared to previous quarters [1] - Tongwei Co., Ltd. achieved a revenue of 40.509 billion yuan, down 7.51% year-on-year, with a net loss of 4.955 billion yuan; the company maintained a 30% global market share in high-purity silicon and reported a 31.33% increase in component sales [2] - JinkoSolar's revenue for the first half of 2025 was 31.831 billion yuan, a decline of 32.63%, with a net loss of 2.909 billion yuan; the company has focused on overseas markets, achieving over 60% of its shipments internationally [3] Group 3: Strategic Focus - Longi Green Energy aims to lead industry standards and improve product quality to promote industry progress and development, with a goal to achieve breakeven in gross profit and expenses by Q4 2025 [1] - Tongwei emphasizes the synergy between its "green energy" and "green agriculture" sectors to enhance operational efficiency amid industry challenges [2] - Industry experts suggest that the key to "de-involution" in the photovoltaic sector lies in technological iteration and self-discipline, with leading companies potentially stabilizing the industry by moving away from price competition [3]