Sungrow Power Supply(SZ:300274) Ge Long Hui A P P·2025-09-28 06:54Group 1 - The core point of the news is the dramatic turn in the shareholding plans of executives at Sungrow Power Supply Co., Ltd., who have decided to terminate their share reduction plan after the company's stock price doubled since the announcement of the plan [1][7]. - On July 11, the company announced that four executives planned to reduce their holdings by up to 424,900 shares, which is 0.0207% of the total share capital [2][6]. - The executives involved include Vice Chairman Gu Yilei, Director Wu Jiamao, and Vice Presidents Deng Dejun and Wang Lei, who collectively hold 1,909,851 shares, accounting for 0.0930% of the total share capital [5][6]. Group 2 - The termination of the reduction plan was explained by the company as a measure to avoid short-term trading, with a note that new reduction plans may be submitted in compliance with legal requirements, but will not exceed the previously disclosed scale [6][10]. - The stock price of Sungrow Power Supply has shown strong performance, doubling from July 11 to September 26, with a notable increase of over 30% in just three trading days in early September [7][9]. - The company's solid performance is supported by a net profit of 7.735 billion yuan for the first half of 2025, representing a year-on-year increase of 55.97%, and a gross profit margin increase from 32.4% to 34.4% [10]. Group 3 - The photovoltaic industry is experiencing a positive trend, with the A-share photovoltaic equipment sector rising nearly 40% from April 9 to September 26 [10][12]. - Recent policies have aimed to alleviate the "involution" challenges faced by the photovoltaic industry, with the Central Financial Committee emphasizing the need to regulate low-price competition [12]. - The National Energy Administration has proposed solutions to drive innovation and reduce costs, indicating a shift towards a more balanced supply-demand structure in the industry [12].