Core Insights - The photovoltaic industry in China has made significant progress in self-regulation to address issues such as supply-demand imbalance and intense competition [2] - The industry has achieved certain results in creating a fair competitive market, mitigating risks, and promoting high-quality development, leading to a gradual stabilization of photovoltaic product prices [3] Price Trends - From November 2024 to October 2025, 144 tracked bidding projects showed a slight increase in the average price of winning components [6] - During the same period, the average prices of polysilicon, silicon wafers, solar cells, and modules have seen a slight increase [6] - Polysilicon futures prices have risen by nearly 20%, indicating a significant improvement in the situation where polysilicon prices were below cost [6]

Core Viewpoint - The photovoltaic sector in China has been significantly impacted by rumors regarding the storage of materials, prompting major companies like JA Solar Technology to issue clarifications and reaffirm their commitment to industry self-regulation and high-quality development [1] Group 1: Company Responses - JA Solar Technology released a clarification stating that its board secretary did not make any statements in internal or external meetings regarding the circulating rumors, labeling them as internet misinformation [1] - The company emphasized its support for national policies against excessive competition and its commitment to corporate social responsibility, aiming to collaborate with industry stakeholders to promote effective self-regulation and contribute to the sector's high-quality development [1] Group 2: Industry Association Actions - The China Photovoltaic Industry Association issued a statement addressing the spread of false information, asserting that the association and industry enterprises are working together to ensure steady progress in their initiatives [1] - The association provided a screenshot in its statement, which allegedly showed someone claiming that JA Solar's board secretary revealed that plans for a silicon material and component alliance had failed [1]

11月12日，受相关传闻影响，光伏板块大跌。 11月12日晚间，晶澳科技发布澄清公告称，近日，网络上流传关于晶澳科技的不实言论，引发部分关注。对此，公司澄清并郑重声明：公司董事会秘书未 在任何内部或外部会议上发表过网传言论。相关内容系网络谣传，严重误导公众认知，损害公司及行业声誉。针对不实言论的传播行为，公司保留通过法 律途径追究相关责任的权利。 同时，晶澳科技相关人士向上海证券报记者表示，晶澳科技坚决拥护国家"反内卷"政策，坚决践行行业自律，积极履行企业社会责任，与行业各方携手推 动"反内卷"和行业自律工作落地见效，为行业高质量发展贡献力量。 稍早前，中国光伏行业协会于11月12日下午在其微信公众号发布《关于网络不实消息的声明》称，网络流传的小道消息均为不实信息，望请各位注意甄 别，慎重决策。 协会表示，协会坚定维护国家利益、行业利益，针对妄图通过造谣抹黑、恶意做空光伏行业牟取利益的恶劣行为，将与之斗争到底。 协会表示，在相关部委的坚强指导下，光伏行业正努力推进行业自律和"反内卷"工作：从供需两端共同发力，市场化、法制化地推动相关工作。当下，协 会和行业内各企业正一道努力，相关工作正在稳步推进。 （文章来源 ...

中国光伏行业协会发布关于网络不实消息的声明。声明称，中国光伏行业协会在相关部委的坚强指导下 努力推进行业自律和"反内卷"工作：从供需两端共同发力，市场化、法制化地推动相关工作。当下，协 会和行业内各企业正一道努力，相关工作正在稳步推进。网络流传的小道消息均为不实信息，望请各位 注意甄别，慎重决策。协会坚定维护国家利益，行业利益，妄图通过造谣抹黑、恶意做空光伏行业牟取 利益的恶劣行为，我们将与之斗争到底。 ...

Core Viewpoint - The Chinese Photovoltaic Industry Association emphasizes the importance of industry self-discipline and combating unhealthy competition, asserting that false information circulating online should be disregarded [2][5]. Group 1: Industry Self-Discipline - The association is actively promoting self-regulation and "anti-involution" efforts in the photovoltaic industry, aiming to restore a fair competitive environment [2][5]. - The core objective of these efforts is to ensure that trustworthy companies can thrive while discouraging unfair competition practices [5]. Group 2: Response to Misinformation - The association firmly states that any rumors or false information about the industry are untrue and urges stakeholders to verify information before making decisions [2]. - The association is committed to defending national and industry interests against malicious actions aimed at undermining the photovoltaic sector [2].

Core Viewpoint - The China Photovoltaic Industry Association has issued a statement addressing false information circulating online, emphasizing its commitment to industry self-discipline and combating negative narratives against the photovoltaic sector [1]. Group 1 - The association is working under the strong guidance of relevant government departments to promote industry self-regulation and "anti-involution" efforts [1]. - Both supply and demand sides are collaborating to advance market-oriented and legal measures for the industry [1]. - The association and industry enterprises are making steady progress in their efforts to counter misinformation and maintain industry integrity [1]. Group 2 - The association firmly defends national and industry interests against malicious actions aimed at discrediting the photovoltaic sector for profit [1]. - It warns stakeholders to be cautious and discerning regarding unverified information circulating online [1].

智通财经APP获悉，11月12日，中国光伏行业协会发布声明称，当下，协会和行业内各企业正一道努力，相关工作正在稳步推进。网络流传的小 道消息均为不实信息，望请各位注意甄别，慎重决策。协会坚定维护国家利益，行业利益，妄图通过造谣抹黑、恶意做空光伏行业牟取利益的恶 劣行为，我们将与之斗争到底。 本文编选自"中国光伏行业协会CPIA"微信公众号，智通财经编辑：冯秋怡。 协会始终坚信，在中央坚定指导支持下，行业，企业积极协调配合下，相关工作一定会成功。 当下，协会和行业内各企业正一道努力，相关工作正在稳步推进。网络流传的小道消息均为不实信息，望请各位注意甄别，慎重决策。 协会坚定维护国家利益，行业利益，妄图通过造谣抹黑、恶意做空光伏行业牟取利益的恶劣行为，我们将与之斗争到底。 原文如下： 关于网络不实消息的声明 9月16日出版的第18期《求是》杂志发表了中共中央总书记、国家主席、中央军委主席习近平的重要文章《纵深推进全国统一大市场建设》。文章 明确指出："更好发挥行业协会自律作用，引导企业提升产品品质。推动落后产能有序退出。" 我们时刻牢记习近平总书记的要求，在相关部委的坚强指导下努力推进行业自律和"反内卷"工作：从 ...

Core Viewpoint - The article emphasizes the importance of industry self-discipline and the need to eliminate unhealthy competition in the photovoltaic sector, as guided by government policies and leadership [1][2]. Group 1: Industry Self-Discipline - The Secretary-General of the China Photovoltaic Industry Association, Liu Yiyang, highlights the directive from President Xi Jinping regarding the role of industry associations in promoting self-regulation and improving product quality [1]. - Liu Yiyang asserts that the industry must work collaboratively to ensure the orderly exit of outdated production capacity, aiming for a market environment that fosters fair competition [1]. Group 2: Market Reactions - Recent rumors suggested that a planned storage initiative in the photovoltaic industry had failed, leading to significant declines in stock prices for major companies, with Canadian Solar dropping over 14% and other firms like Hongyuan Green Energy and Tongwei Co. falling more than 9% [2].

Core Viewpoint - The chemical sector in A-shares continues its strong performance, with specific segments like phosphorus and fluorine chemicals showing positive stock movements, driven by self-regulatory actions to stabilize prices and reduce supply [1] Group 1: Industry Actions - The caprolactam industry has initiated a self-regulatory action to reduce production by 20% to alleviate inventory and price pressures, with plans to increase product prices by 100 yuan per ton [2] - This self-regulation is a response to significant losses in the industry, with losses per ton exceeding 600 yuan in recent months, prompting companies to adopt measures to balance supply and demand [2] - The proactive supply adjustments have led to a negative weekly supply-demand difference, indicating a successful transition into a destocking phase, which is expected to support price stabilization [2] Group 2: Policy Support - The National Development and Reform Commission and the State Administration for Market Regulation issued a notice to maintain good market price order, providing strong backing for the industry's self-regulatory actions [3] - The self-regulatory actions in the caprolactam sector are seen as a means to protect market price order and ensure long-term industry health [3] Group 3: Market Confidence - The self-regulatory trend is spreading across various chemical sub-industries, with the polyester filament industry previously adopting a price stabilization strategy [4] - Analysts predict that the polyester filament industry will see a decline in actual production capacity in 2024, leading to a more orderly supply increase [4] - The organic silicon industry is also showing positive self-regulatory trends, with no new capacity expected from 2025 to 2026, indicating a potential for profit recovery [4] Group 4: Industry Outlook - Current sectors such as agrochemicals, refrigerants, bioenergy, tires, and metallic chromium are in an upward cycle, with main business growth expected to remain high [5] - The ongoing push for carbon neutrality is optimizing the supply structure in high-energy-consuming chemical industries, benefiting leading companies with core technological advantages and significant scale effects [5] - The concentration of the industry is expected to increase, enhancing the competitive advantages of leading enterprises [5]

Group 1 - The core viewpoint of the article highlights the need for the pig industry to overcome challenges through capacity regulation and industry self-discipline to achieve high-quality development [1] - Analysts suggest that the industry's efforts to counteract internal competition are expected to support the medium to long-term performance of pig prices [1] - The stock price of Dekang Agriculture (02419) rose over 5% in early trading, reflecting positive market sentiment, with a current price of 69.7 HKD and a trading volume of 42.34 million HKD [1] Group 2 - Guosen Securities reports that Dekang Agriculture is innovatively implementing a "company + sow breeding and fattening farm" model, which allows for lighter asset expansion and more stable cooperation with farmers [1] - The company aims to exceed a slaughter scale of 10 million heads by 2025, maintaining a rapid growth rate in output [1] - Dekang Agriculture's profitability per head is expected to be above the industry average, indicating potential for valuation recovery in the future [1]