Zhi Tong Cai Jing·2026-02-24 01:05Group 1 - The photovoltaic sector is experiencing a rebound, with notable stock increases for companies such as Xinyi Solar (00968) up 5.38% to HKD 3.72, Junda Co. (002865) up 4.95% to HKD 38.2, and Flat Glass (601865) up 4.82% to HKD 11.96 [1][1][1] - The National Energy Administration has reported that by 2025, the country is expected to add 31.7 million kilowatts of new photovoltaic capacity, representing a year-on-year growth of 14%, with 16.4 million kilowatts from centralized photovoltaic and 15.3 million kilowatts from distributed photovoltaic [1][1][1] - By December 2025, the total installed photovoltaic capacity in the country is projected to reach 120 million kilowatts, reflecting a year-on-year increase of 35%, indicating rapid development in the photovoltaic industry and significant progress in energy green and low-carbon transformation [1][1][1] Group 2 - Guoyuan Securities indicates that since July 2025, the "anti-involution" measures in the country have boosted the photovoltaic industry's prosperity, with price control and supply-side clearing expected to drive profit recovery in the industry [1][1][1] - The exit of some tail-end enterprises combined with the efficiency improvements of leading companies is anticipated to lead to a turnaround in the photovoltaic industry chain by 2026 [1][1][1] - The construction of AI computing power is expected to generate rigid electricity demand, suggesting that global photovoltaic demand may exceed expectations, potentially accelerating opportunities in the sector [1][1][1]