Mei Ri Jing Ji Xin Wen·2025-09-29 05:35Core Viewpoint - The photovoltaic sector is experiencing a strong performance, with several leading companies and ETFs showing significant gains, indicating a potential recovery in profitability as the industry undergoes supply-side adjustments [1][2]. Group 1: Company Performance - Yangguang Electric Power has increased by over 6% - Deye shares have risen by over 5% - TBEA has seen an increase of over 3% [1]. Group 2: ETF Performance - Multiple photovoltaic-related ETFs have risen approximately 3% - Specific ETFs include: - Photovoltaic ETF Fund: 3.11% increase - Photovoltaic 50 ETF: 3.02% increase - Photovoltaic Leading ETF: 2.97% increase [2]. Group 3: Industry Insights - The photovoltaic industry is at a cyclical bottom, necessitating accelerated supply-side adjustments - The Ministry of Industry and Information Technology has tightened regulations on energy and water consumption for new capacity, which may further control existing output - Initial self-discipline among industry participants is leading to production cuts to near two-year lows, with expectations of profitability recovery as supply-side adjustments continue [2].