协鑫集团董事长：光伏内卷本质是创新断层

Core Viewpoint - The current situation in the industry is perceived as an exaggerated "cyclical illusion," necessitating a thorough supply-side structural reform to address structural contradictions rather than merely cyclical fluctuations [1][4]. Group 1: Industry Challenges and Responses - In 2025, the Chinese renewable energy industry, including photovoltaics, underwent a significant restructuring due to chaotic competition, prompting a反内卷 (anti-involution) movement [4]. - The Ministry of Industry and Information Technology held a meeting in July 2025, emphasizing the need to combat low-price disorderly competition in the photovoltaic sector and promote the exit of backward production capacity for sustainable development [4]. - The essence of the current involution is identified as an innovation gap, with structural issues being more severe and destructive than cyclical problems, requiring a dual approach of "active government + effective market" [4][5]. Group 2: Supply-Side Structural Reform - The previous supply-side structural reform in sectors like steel and coal provides a blueprint for addressing the current chaotic competition in the renewable energy sector [5]. - The reform is not only about resolving industry challenges but also about fundamentally transforming China's economic development model, necessitating collaboration among government, enterprises, and industries [5]. Group 3: Technological Innovation and Market Expansion - The establishment of a silicon material storage platform is one of the outcomes of the efforts to combat industry involution, emphasizing that innovation is crucial to breaking the cycle of homogenization [6]. - The company has developed over ten advanced technologies, including UCC high-purity silane gas and electronic-grade polysilicon, positioning itself as a leader in the photovoltaic industry [5]. Group 4: International Expansion Strategy - The company is actively pursuing international projects, such as a 30 MW wind power project in Vietnam and a liquefied natural gas plant in Ethiopia, as part of its strategy to explore overseas markets [8][9]. - The necessity for Chinese renewable energy companies to expand internationally is driven by domestic market saturation and increasing trade barriers, with overseas markets offering higher profit margins and broader demand [9]. - The company's international strategy aligns with the Belt and Road Initiative, aiming to promote regional energy security and global carbon reduction through localized technology and green energy solutions [9].