光伏行业在“反内卷”推动下迎结构性改善，光伏ETF龙头(560980)盘中涨超2%，连续5日累计“吸金”1.7亿元

Group 1: Company Developments - The State Power Investment Corporation, the largest clean energy generation company globally, reported a projected total power generation of 724.4 billion kWh for 2024, with total installed capacity exceeding 260 million kW [1] - The company's clean energy installed capacity ratio has increased to nearly 73%, maintaining its global leadership in solar, new energy, and clean energy installations [1] Group 2: Industry Trends - The photovoltaic industry is experiencing structural improvements driven by anti-competitive policies, with the silicon material segment gradually turning profitable and overall profitability in the supply chain improving [2] - Strong overseas demand for photovoltaic products continues to support the industry, with stable prices for silicon wafers, battery cells, and modules, particularly bolstered by robust overseas market demand for battery cells [2] - Integrated solar and storage solutions are becoming a key strategic direction for leading component companies, with firms like Sungrow and Haibo Shichuang rapidly growing in the energy storage sector [2] Group 3: Market Performance - As of November 11, 2025, the CSI Photovoltaic Leaders 30 Index rose by 2.35%, and the leading photovoltaic ETF (560980) increased by 2.20%, with a weekly gain of 5.16% [3] - The leading photovoltaic ETF reached a new high in scale at 548 million yuan and a new high in shares at 708 million, with significant net inflows totaling 170 million yuan over the past five days [3] - The ETF closely tracks the CSI Photovoltaic Leaders 30 Index, selecting 30 large-scale, profitable companies in the photovoltaic generation industry, reflecting the performance of core assets in China's photovoltaic sector [3]