1月9日，财政部、税务总局发布《关于调整光伏等产品出口退税政策的公告》，明确自2026年4月1日 起，取消光伏等产品增值税出口退税。自2026年4月1日起至2026年12月31日，将电池产品的增值税出口 退税率由9%下调至6%；2027年1月1日起，取消电池产品增值税出口退税。出口消费税政策不作调整， 相关产品继续适用消费税退(免)税政策。 早在2024年11月，两部门就曾将部分光伏、电池产品出口退税率由13%下调至9%，彼时曾引发外贸企 业短期加急出货。浙商证券（601878）研报曾指出，随着相关出口产品出口退税的取消或退税率的下 调，或使得相关出口导向行业供给侧优化。 ...

Group 1 - The Ministry of Finance and the State Taxation Administration announced the cancellation of the export VAT rebate for photovoltaic products starting April 1, 2026, reducing the rebate rate from 9% to 0% [1] - In the first ten months of 2025, photovoltaic exports reached $24.42 billion, which would result in a loss of approximately $2.2 billion (around 15.3 billion RMB) in rebates for large exporting companies [1] - If companies cannot raise prices to offset the impact of the export tax policy adjustment, their performance may be adversely affected [1] Group 2 - JinkoSolar's overseas business accounted for over 60% of its total shipments in the first half of 2025, maintaining a leading position in various international markets [2] - Trina Solar reported overseas revenue of 14.767 billion RMB, making up about 48% of its total revenue in the same period [2] - JA Solar's overseas business revenue was approximately 11.842 billion RMB, accounting for about 49.54% of its total revenue [2] Group 3 - Among the four major photovoltaic manufacturers, JinkoSolar has the highest proportion of overseas business, followed by Trina Solar and JA Solar, with LONGi Green Energy having the lowest [3] - Trina Solar's energy storage segment has made significant progress in expanding overseas markets, with a successful shipment of a 1.2 GWh energy storage system to Chile in July 2025 [3] - The export VAT rebate for battery products will be reduced from 9% to 6% starting April 1, 2026, and will be completely eliminated by January 1, 2027, providing a longer buffer period compared to photovoltaic products [3] Group 4 - The cancellation of export rebates may benefit manufacturers with a higher proportion of overseas production capacity [3] - Companies are increasingly establishing overseas production facilities, with JinkoSolar actively promoting global production and sales, including setting up factories in Southeast Asia and the U.S. [5]

中国光伏行业协会表示，自2024年以来，我国光伏产品在海外市场面临日益激烈的恶性竞争，出口价格 持续走低，呈现"量增价减"态势。部分企业在出口过程中，不仅低价竞争还将出口退税额折算为对外议 价空间，导致原本用于对冲国内增值税负担的财政资金在议价环节被让渡给境外采购方。这使得出口退 税政策在实质上转化为对海外终端市场的补贴，不仅造成国内企业的利润流失，也显著增加了我国光伏 产业遭受反补贴、反倾销等国际贸易摩擦的风险。 北京商报讯（记者 马换换 李佳雪）自2026年4月1日起取消光伏产品增值税出口退税的消息引爆了光伏 圈。1月9日晚间，中国光伏行业协会发文称，适时降低或取消光伏产品的出口退税，有助于推动国外市 场价格理性回归。尽管调整出口退税并非从根本上解决"内卷外化"问题的唯一手段，但从长期看，有利 于抑制出口价格的过快下滑。 ...

人民财讯1月9日电，中国光伏行业协会发文称，自2024年以来，我国光伏产品在海外市场面临日益激烈 的恶性竞争，出口价格持续走低，呈现"量增价减"态势。部分企业在出口过程中，不仅低价竞争还将出 口退税额折算为对外议价空间，导致原本用于对冲国内增值税负担的财政资金在议价环节被让渡给境外 采购方。这使得出口退税政策在实质上转化为对海外终端市场的补贴，不仅造成国内企业的利润流失， 也显著增加了我国光伏产业遭受反补贴、反倾销等国际贸易摩擦的风险，对中国光伏产业的整体利益与 国际形象均产生了负面影响。适时降低或取消光伏产品的出口退税，有助于推动国外市场价格理性回 归，降低了我国面临的贸易摩擦的风险，同时能够有效缓解国家财政负担，促进财政资源更合理、更高 效的配置。尽管调整出口退税并非从根本上解决"内卷外化"问题的唯一手段，但从长期看，有利于抑制 出口价格的过快下滑，降低贸易摩擦发生的概率。 ...

国家整治光伏产业低价无序竞争，取消出口退税支持 光伏、电池等产品取消出口退税"靴子落地"。 继2024年底中国将光伏、电池出口退税率由13%下调至9%后，1月9日财政部税务总局发布《关于调整 光伏等产品出口退税政策的公告》（下称《公告》），决定自2026年4月1日起，取消光伏等产品增值税 出口退税。自2026年4月1日起至2026年12月31日，将电池产品的增值税出口退税率由9%下调至6%； 2027年1月1日起，取消电池产品增值税出口退税。 上海国家会计学院副教授葛玉御对第一财经分析称，国家将陆续取消光伏等产品和电池产品增值税出口 退税，反映了不再通过出口退税的方式来支持这两类行业。经过多年出口退税支持，我国光伏和电池产 业在国际上已经具备竞争优势，但也存在一些问题，比如出现内卷式竞争以及其他一些国家反补贴调查 等。 对此，中国光伏行业协会名誉理事长王勃华认为，这一变化与企业主动调整经营策略密切相关，越来越 多的企业开始响应"不低于成本价销售"的行业共识，减少低价、低利润订单，推动盈利能力边际改善。 此外，自2024年第三季度以来，主要产业链企业固定资产和在建工程规模逐步下降，新建产能扩张节奏 明显放缓，行 ...

Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced the adjustment of export tax rebate policies for photovoltaic products, which will impact the industry significantly starting April 1, 2026 [1] Group 1: Policy Changes - From April 1, 2026, the export VAT rebate for photovoltaic products will be canceled [1] - The export VAT rebate rate for battery products will be reduced from 9% to 6% from April 1, 2026, until December 31, 2026, and will be completely canceled starting January 1, 2027 [1][2] Group 2: Industry Impact - The adjustment is expected to help stabilize export prices and reduce trade friction risks, as the current situation shows a trend of increasing volume but decreasing prices in the overseas market [1] - The export tax rebate has been effectively acting as a subsidy to foreign end markets, leading to profit loss for domestic companies and increasing the risk of international trade disputes such as anti-subsidy and anti-dumping cases [1] - The China Photovoltaic Industry Association noted that while the adjustment is not the sole solution to the "internal competition externalization" issue, it is beneficial for curbing the rapid decline in export prices and lowering the likelihood of trade friction in the long term [2]

Core Viewpoint - The adjustment of export tax rebate policies for photovoltaic and battery products is expected to increase export costs for battery companies, potentially leading to a short-term "rush to export" and promoting long-term industrial upgrades towards high-quality development [4][5]. Summary by Sections Export Tax Rebate Policy Changes - From April 1, 2026, the export VAT rebate for photovoltaic products will be canceled. For battery products, the export VAT rebate rate will be reduced from 9% to 6% from April 1, 2026, to December 31, 2026, and will be completely canceled starting January 1, 2027 [5][6]. Affected Products - The battery product list includes lithium primary batteries and battery packs, lithium-ion batteries, and all-vanadium flow batteries [3]. Implications for Battery Companies - The changes in export tax rebate policies may increase export costs for battery companies, which could lead to a surge in exports in the short term. In the long term, this may drive the industry towards upgrades and high-quality development [4].

此外，公告还列出了涉及产品的具体清单，其中光伏等产品包括249项，电池产品包括22项。 北京商报讯（记者 马换换 李佳雪）1月9日晚间，财政部官网显示，财政部、税务总局发布《关于调整 光伏等产品出口退税政策的公告》。 公告显示，自2026年4月1日起，取消光伏等产品增值税出口退税。自2026年4月1日起至2026年12月31 日，将电池产品的增值税出口退税率由9%下调至6%；2027年1月1日起，取消电池产品增值税出口退 税。对上述产品中征收消费税的产品，出口消费税政策不作调整，继续适用消费税退（免）税政策。公 告所列产品适用的出口退税率以出口货物报关单注明的出口日期界定。 ...

Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced adjustments to the export tax rebate policy for photovoltaic products, effective from April 1, 2026, which includes the cancellation of VAT export rebates for these products [1]. Summary by Categories Policy Changes - From April 1, 2026, the VAT export rebate for photovoltaic products will be canceled [1]. - The VAT export rebate rate for battery products will be reduced from 9% to 6% from April 1, 2026, until December 31, 2026 [1]. - Starting January 1, 2027, the VAT export rebate for battery products will also be canceled [1]. Consumption Tax - The announcement specifies that the export consumption tax policy for products subject to consumption tax will remain unchanged, continuing to apply the consumption tax rebate (or exemption) policy [1]. Export Date Definition - The applicable export rebate rates for the products listed will be determined based on the export date indicated on the customs declaration [1].

Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced adjustments to the export tax rebate policy for photovoltaic and battery products, effective from April 1, 2026, which includes the cancellation of VAT export rebates for these products [1]. Group 1: Policy Changes - From April 1, 2026, the VAT export rebate for photovoltaic products will be canceled [1]. - The VAT export rebate rate for battery products will be reduced from 9% to 6% from April 1, 2026, until December 31, 2026, and will be completely canceled starting January 1, 2027 [1]. - The export consumption tax policy for products subject to consumption tax will remain unchanged, continuing to apply the consumption tax rebate (exemption) policy [1]. Group 2: Export Performance - In the first half of 2025, China's energy storage battery exports reached 45.6 GWh, a year-on-year increase of 174.6%, accounting for 35.9% of the total battery exports in the country [1]. - By October 2025, the export value of energy storage batteries and electric vehicle batteries exceeded $65 billion, with global shipments of lithium-ion battery cells expected to grow by 75% annually [1].