AikoSolar(SH:600732) 券商中国·2025-07-13 13:22Core Viewpoint - The "anti-involution" research trend in the A-share market is gaining momentum due to policy support and rapid responses from various industries [1][5]. Group 1: Research and Market Response - In the past week, financial institutions published 176 research reports on the "anti-involution" theme, covering various sectors including steel, energy, and chemicals [2]. - There were 79 roadshows related to "anti-involution" in the past week, indicating its prominence in analyst discussions [3]. - Analysts believe this round of "anti-involution" has a higher standing, broader coverage, and stronger synergy, potentially becoming the main market theme in the next phase [4][6]. Group 2: Policy Implications - The Central Financial Committee emphasized the need to promote a unified national market and regulate low-price competition, which has led to increased attention on "anti-involution" in the capital market [5]. - Analysts expect further policy deployments related to "anti-involution," with potential measures including industry self-discipline and price monitoring [5]. Group 3: Beneficial Sectors - Key sectors expected to benefit from the "anti-involution" policies include lithium batteries, photovoltaics, coal, steel, chemicals, and construction materials [8]. - The manufacturing sector, particularly in lithium, photovoltaics, and automotive, along with service industries like food processing and logistics, are highlighted as potential beneficiaries [8]. - The steel industry is noted for its potential bottom reversal, with supply-side reforms and improved profitability expected [11][12]. Group 4: Industry-Specific Insights - The photovoltaic sector has seen significant stock performance, with a 5.5% increase in the photovoltaic index over a week, driven by price recovery and regulatory support [13]. - Analysts suggest that the focus on supply-side reforms in the photovoltaic industry will be crucial for long-term competitiveness and market stability [13][14].