协鑫集团董事长: 光伏内卷本质是创新断层

Core Viewpoint - The current situation in the photovoltaic industry is characterized by a "magnified cycle illusion," necessitating a thorough supply-side structural reform to address structural contradictions rather than merely cyclical fluctuations [1][4][5]. Group 1: Industry Challenges and Responses - In 2025, the Chinese new energy industry, including photovoltaics, underwent a deep restructuring due to chaotic competition, prompting a反内卷 (anti-involution) movement [3][4]. - The Ministry of Industry and Information Technology held a meeting in July 2025 to address low-price disorderly competition in the photovoltaic sector, aiming to enhance product quality and facilitate the orderly exit of outdated capacities [3][4]. - The establishment of the "silicon material storage platform" is seen as a key measure to combat the vicious competition within the photovoltaic industry [1][3]. Group 2: Structural Issues and Reform - The essence of the current involution is identified as an innovation gap, with the need for a dual approach of "proactive government + effective market" to address deeper structural issues [5][6]. - Previous supply-side structural reforms in sectors like steel and coal provide a framework for addressing the current challenges in the new energy sector [5][6]. - The reform is not only about resolving industry difficulties but also about fundamentally transforming China's economic development model [5][6]. Group 3: Global Expansion Strategy - The company is actively pursuing overseas markets as a critical strategy for breaking through domestic competition, with projects in Vietnam and Ethiopia marking its international expansion [7][9]. - The necessity for Chinese new energy companies to expand internationally is underscored by the need to avoid geopolitical risks and reliance on single markets, while also contributing to regional cooperation and energy security [9]. - The company aims to leverage its technological advancements and align with the Belt and Road Initiative to promote energy independence in partner countries [9].