TONGWEI CO.,LTD(SH:600438) 2 1 Shi Ji Jing Ji Bao Dao·2026-01-05 09:44Core Viewpoint - The article discusses the strategic importance of technological innovation for Tongwei Co., Ltd. in overcoming challenges in the photovoltaic (PV) industry, particularly amid homogenized competition and market uncertainties [2][4]. Group 1: Company Initiatives - Tongwei Co., Ltd. has initiated the construction of a global innovation research and development center, set to be operational by June 2024, which aims to guide the company in direction, risk management, positioning, and technology expansion [2]. - The company emphasizes a "saturation strike" approach in its technology route selection, indicating a commitment to extensive research and development without budget limits [5]. Group 2: Industry Context - The photovoltaic industry is currently experiencing a cyclical downturn and intense competition, referred to as "involution," where technological innovation is viewed as a key method to break through these challenges [5]. - Despite the harsh market environment, the company maintains a strong confidence in the industry's long-term growth, describing the development of the PV sector as a "spiral upward" trend [5].