光伏热场材料企业，正集体涌入又一热门赛道

Core Viewpoint - The photovoltaic industry is experiencing a price decline and overcapacity, prompting thermal field material companies to pivot towards silicon-based anodes as a more certain growth avenue, leveraging their existing capabilities in high-temperature processing and material purity [2][3][10]. Group 1: Photovoltaic Industry Dynamics - The photovoltaic supply chain has expanded rapidly over the past three years, but from the second half of 2023, a systematic price decline has emerged, leading to a "price war" that erases profits and creates a clearing cycle in the industry [2]. - Thermal field material companies, which provide essential materials for single crystal pulling furnaces, are now focusing on silicon-based anodes due to the compatibility of their existing processes with the requirements of silicon-carbon composite materials [3][8]. Group 2: Transition to Silicon-Based Anodes - Companies like Jinbo Co., Ltd. are exemplifying the shift from photovoltaic thermal fields to diversified platforms, actively pursuing silicon-based anode production through partnerships and new material development [4]. - Domestic thermal field carbon material companies are accelerating their efforts to enter the silicon-based anode market, leveraging their experience in high-purity graphite and related materials [5][6]. Group 3: Advantages of Silicon-Based Anodes - Silicon's theoretical capacity of approximately 4200 mAh/g significantly exceeds that of graphite at 372 mAh/g, making silicon-carbon anodes a promising option for high energy density applications in electric vehicles and consumer electronics [8]. - The existing capabilities of thermal field companies in high-temperature processing and material purity control facilitate a smoother transition into the silicon-based anode market, reducing the time and complexity of certification [9]. Group 4: Strategic Approaches for Thermal Field Companies - Thermal field companies are exploring three main strategies to enter the silicon-based anode market: directly producing silicon-based materials, focusing on graphite processing and related materials first, and leveraging their equipment and process advantages to provide solutions for silicon-based anode manufacturers [9]. - The collective move of thermal field carbon material companies into silicon-based anodes represents both a reactive transformation and a proactive strategy to adapt to market demands [10].