Core Viewpoint - The A-share photovoltaic sector experienced a significant decline, with major companies like Canadian Solar and LONGi Green Energy seeing drops of over 6% to 14% due to market rumors regarding the "storage platform" and its implications for the industry [1][4]. Group 1: Market Reaction - On November 12, the photovoltaic sector faced a broad market pullback, with Canadian Solar (688472.SH) falling over 14% and other companies like JA Solar (002459.SZ) and LONGi Green Energy (601012.SH) dropping more than 6% [1]. - The decline was attributed to rumors that a silicon material and component alliance was rejected by authorities, alongside claims from JA Solar executives about the failure of a storage platform [1][4]. Group 2: Clarifications and Industry Response - JA Solar's staff denied the rumors regarding the storage platform, stating that the company was not involved in such a platform and that the claims were false [1]. - The China Photovoltaic Industry Association issued a statement on the same day, asserting that the circulating rumors were untrue and emphasized their commitment to combating malicious actions aimed at undermining the industry [3]. Group 3: Industry Dynamics and Financial Performance - The "storage platform" is part of the photovoltaic industry's efforts to combat "involution," with significant investments expected, ranging from 20 billion to 30 billion yuan for capacity storage [5]. - Recent financial reports indicate that some photovoltaic companies are showing signs of recovery, with LONGi Green Energy reporting a revenue of 50.915 billion yuan for the first nine months of the year, and a significant reduction in losses over the last two quarters [5][6]. - The improvement in profitability for leading photovoltaic companies is attributed to stabilized prices in the supply chain and reduced inventory impairment losses [6]. Group 4: Future Outlook - Analysts suggest that the photovoltaic industry is making progress in addressing "involution," with upstream sectors expected to see significant reductions in losses in the third quarter [6]. - The focus will be on supply-side measures, such as the establishment of the silicon material storage platform and production limits, as well as demand-side factors like the support for photovoltaic installations and enforcement of pricing regulations [6].