Wind万得·2025-08-06 10:55Core Viewpoint - The photovoltaic industry is facing significant challenges due to low-price competition and overcapacity, prompting a call for regulatory reforms to ensure orderly market development and improve profitability [2][3][4]. Group 1: Industry Challenges - The photovoltaic sector has become a focal point for "anti-involution" strategies, with issues of homogenized low-price competition and periodic overcapacity being particularly pronounced [3]. - The recent draft of the Price Law has garnered attention as it is closely related to the need for regulatory measures in the photovoltaic industry [2]. Group 2: Regulatory Actions - The National Development and Reform Commission (NDRC) is expediting the revision of the Price Law to combat low-price disorderly competition and to guide companies towards rational pricing [4]. - Industry organizations are also taking action, advocating for controlled capacity expansion and resisting unfair competition practices such as exporting below cost [4]. Group 3: Market Outlook - The revision of the Price Law is expected to establish clearer standards for identifying low-price dumping and enhance cost monitoring, providing a legal basis for addressing "involutionary" price wars [4]. - As the industry shifts back to orderly competition, there is potential for price recovery and profitability improvement, supported by possible supply-side reform policies [4]. - Companies with product differentiation, high-end market positioning, and strong brand manufacturing capabilities are likely to lead in performance recovery and long-term growth [4][5].