Chang Jiang Shang Bao·2025-11-13 23:45Core Viewpoint - The recent rumors regarding the photovoltaic industry, particularly concerning the storage platform and regulatory issues, caused significant market fluctuations but were quickly debunked by the China Photovoltaic Industry Association, leading to a recovery in stock prices [2][3][5]. Market Reaction - On November 12, the photovoltaic sector experienced a sharp decline, with the A-share photovoltaic index dropping over 3.5%, and individual stocks like Arctech and Longi Green Energy seeing significant losses [3][6]. - Following the clarification from the industry association, the market rebounded on November 13, with the photovoltaic sector rising by 1.40% and the photovoltaic equipment sector increasing by 2.01%, adding approximately 386 billion yuan in market value [2][7]. Industry Performance - As of the first three quarters of 2025, over half of the 70 photovoltaic equipment companies listed on A-shares reported profitability, indicating a stabilization in the industry [2][12]. - Major companies like Tongwei Co. and Longi Green Energy reported significant reductions in losses during the third quarter of 2025, with a combined loss reduction of 9.56 billion yuan [12]. Price Trends - The price of polysilicon has shown signs of recovery, with a notable increase from 38,000 yuan per ton in early 2025 to 53,200 yuan per ton by November 2025 [10]. - The average bidding prices for components have also slightly increased, reflecting a stabilization in the market [10]. Technological Advancements - The industry is pursuing technological innovations to reduce costs, with Longi Green Energy recently achieving world records in solar cell efficiency [13].