Mei Ri Jing Ji Xin Wen·2025-10-29 06:48Core Viewpoint - The photovoltaic industry chain experienced a significant surge in stock prices, driven by the release of the "14th Five-Year Plan" which emphasizes the development of new energy storage and market mechanisms [1] Industry Summary - The photovoltaic sector saw stocks like Arctech, LONGi Green Energy, Tongwei Co., JA Solar, and Hongyuan Green Energy hitting the daily limit, with Sungrow Power increasing over 15%. The CSI Photovoltaic Industry Index rose by 7.9%, and the National New Energy Battery Index increased by 5.6% [1] - The "14th Five-Year Plan" suggests a strong push for new energy storage and the establishment of market mechanisms suitable for the new energy system [1] Company Performance - Sungrow Power reported approximately 66.402 billion yuan in revenue for the first three quarters, a year-on-year increase of 32.95%. The net profit attributable to shareholders was about 11.881 billion yuan, reflecting a year-on-year growth of 56.34% [1] Market Outlook - Industrial analysts at Industrial Securities anticipate a dual benefit for the photovoltaic industry in Q3, with improved performance and substantial support from anti-involution measures. The industry is still at the bottom of the cycle, with potential catalysts expected from anti-involution trends and supply-side reforms [1] - The National New Energy Battery Index covers the core supply chain of energy storage batteries, with energy storage systems accounting for approximately 65%, likely benefiting from new energy storage developments. The CSI Photovoltaic Industry Index includes leading companies across the photovoltaic supply chain, which may benefit from the domestic anti-involution wave [1]