TCL中环：光伏行业主产业链上游价格在7—9月进一步回升，逐步传导至硅片环节使得产业盈利有所修复

Core Viewpoint - TCL Zhonghuan reported that the photovoltaic industry experienced price fluctuations in the supply chain due to terminal market demand in the first half of the year, but prices in the upstream supply chain rebounded from July to September, leading to a recovery in industry profitability [1] Industry Summary - The photovoltaic industry faced price volatility in the main supply chain during the first half of the year due to strong demand in the terminal market [1] - From July to September, the prices in the upstream supply chain further increased, which gradually transmitted to the silicon wafer segment [1] - The recovery in prices has contributed to an improvement in industry profitability [1]