中银证券：产业链涨价成趋势 终端开始接受高价组件

Group 1 - The core viewpoint of the report is that the photovoltaic industry is undergoing a "de-involution" process, characterized by two main routes: orderly exit of backward production capacity and stable continuation of new quality capacity [1][3] - Central state-owned enterprises are actively responding to the price increase of photovoltaic components, with a trend of rising bidding prices observed [2][3] - The industry is seeing a positive change in the price of components, with leading companies raising their component quotes and a strong willingness to maintain prices in the intermediate links of the supply chain [4] Group 2 - The "de-involution" strategy is a key focus for the photovoltaic industry, aiming to stabilize product prices and eliminate unhealthy competition [3] - Specific measures proposed by the government include promoting the orderly exit of backward capacity, curbing low-price competition, ensuring product quality, and supporting industry self-discipline [2][3] - Investment recommendations include companies such as Junda Co., Trina Solar, JA Solar, JinkoSolar, and LONGi Green Energy, with a focus on the potential for profit improvement in battery and component sectors [4]