Core Viewpoint - The photovoltaic (PV) sector is experiencing active trading, with several companies showing significant stock price increases, driven by recent policy discussions aimed at addressing low-price competition and promoting industry self-regulation [1] Industry Summary - The PV industry is identified as a leader in combating "involution," with a current focus on price increases and production limits as key strategies [1] - The recent publication in the "Qiushi" magazine emphasizes the need for effective governance of chaotic low-price competition and encourages industry associations to enhance product quality [1] - The 2025 China Silicon Industry Conference has commenced, focusing on themes of technological innovation, green transformation, and industry self-discipline [1] Company Summary - GCL-Poly Energy (03800) saw a stock price increase of 5.56%, reaching HKD 1.33 [1] - Xinyi Glass (00868) experienced a 4.46% rise, with shares priced at HKD 9.13 [1] - Flat Glass Group (06865) reported a 3.05% increase, trading at HKD 12.15 [1] - Xinyi Solar (00968) rose by 1.17%, with a share price of HKD 3.45 [1] Market Outlook - According to Industrial Securities, the PV sector is positioned for a significant recovery, with potential for valuation restoration due to policy support and technological advancements [1] - Galaxy Securities notes that while the long-term outlook for global PV growth remains stable, the industry has faced years of supply-demand imbalance and ongoing losses, indicating a dual bottom in both market sentiment and fundamentals [1]