Core Viewpoint - The human resources service industry is taking collective action to enhance self-regulation and create a fair and trustworthy market environment, particularly during the peak job recruitment season, to protect the rights of both job seekers and employers [1][2]. Group 1: Industry Initiatives - Multiple associations and organizations, including the Beijing Human Resources Service Industry Association and BOSS Zhipin, have issued a joint initiative to standardize recruitment market practices and combat "black intermediaries" [1][2]. - The initiative emphasizes the importance of legal operation and maintaining industry credibility, urging human resources service companies to comply with relevant laws and regulations [1][2]. Group 2: Service Quality and Market Integrity - Companies are encouraged to publish authentic and lawful job postings, avoiding discriminatory conditions and ensuring fair recruitment practices [2]. - The initiative calls for the establishment of a shared blacklist for non-compliant organizations, promoting transparency and accountability within the industry [2]. Group 3: Self-Regulation and Social Responsibility - The industry is urged to adopt self-regulatory measures, including internal audits and risk control systems, to uphold the rights of job seekers [2]. - Human resources service organizations are reminded of their role in facilitating employment and are encouraged to provide public employment services and engage in integrity recruitment campaigns [2].

Group 1 - The A-share photovoltaic sector experienced a significant surge on July 2, with nine stocks hitting the daily limit, including Shuangliang Energy, Yijing Photovoltaic, and others, while Daqo New Energy rose over 15% [1] - The surge in stock prices is primarily attributed to the recent signals from the central government regarding the regulation of disorderly competition in the industry, particularly in the silicon material and photovoltaic auxiliary materials segments [1][2] - The Central Financial Committee emphasized the need to address low-price disorderly competition and promote the exit of backward production capacity, which has led to increased market expectations for substantial policy measures [2][3] Group 2 - The analysis team from CMB International noted that the central government's heightened attention to the challenges faced by the photovoltaic industry indicates a commitment to resolving these issues, suggesting that targeted policies may soon be introduced [3] - Reports indicate that leading photovoltaic glass manufacturers plan to collectively reduce production by 30% starting in July, which is expected to lower the output to approximately 45 GW [3] - The price of polysilicon has shown a slight increase, with the average transaction price for N-type polysilicon rising to 34,700-38,000 CNY per ton, reflecting improved market expectations due to government measures [5] Group 3 - The photovoltaic industry is currently in a deep integration phase, with less competitive production capacity expected to gradually exit the market, leading to an optimized production structure and improved supply-demand dynamics [6] - Companies are exploring various strategies to break through the current downturn, including new technologies, products, and leveraging overseas channels, although results will require time to validate [6]

Core Viewpoint - The article discusses the ongoing price war in the Chinese automotive market, emphasizing that while price competition is a natural market behavior, the industry lacks clear rules and regulations to govern such competition [4][11][14]. Price War Dynamics - Tesla's announcement of price cuts for Model 3 and Model Y triggered a price war, with BYD and other domestic brands quickly following suit [2][3]. - The first five months of 2024 saw a significant increase in vehicle production and sales, yet the industry's profitability continued to decline, leading companies to prioritize market share over profits [4][3]. Market Conditions - The automotive market has shifted to a buyer's market, where consumers have more choices and are highly price-sensitive, prompting companies to lower prices to clear inventory [7][8]. - The concept of "orderly price wars" is rejected, with the focus instead on the need for established rules to prevent excessive competition and ensure fair practices [9][11]. Regulatory and Industry Response - Industry leaders call for the establishment of clear regulations to govern pricing and competition, emphasizing the importance of legal frameworks such as the Price Law and Anti-Monopoly Law [11][12]. - The role of industry organizations is highlighted as crucial in creating fair contracts and facilitating self-regulation among members [12][14]. Dealer Dynamics - The relationship between manufacturers and dealers remains strained, with dealers facing pressure from manufacturers to maintain inventory while dealing with fluctuating market prices [15][16]. - Regional dealers have shown better adaptability compared to national groups, as they can pivot more quickly to new market demands, particularly in the growing electric vehicle sector [16][18]. Transition to New Energy Vehicles - The transition to new energy vehicles is deemed essential for traditional dealers, with a significant market shift already underway, as evidenced by a penetration rate exceeding 50% for new energy vehicles [18].

Core Viewpoint - The implementation of the "Self-Regulatory Agreement for Automotive Consumer Finance Business in Beijing" aims to lower financing costs for consumers and stimulate the automotive consumption market, aligning with national policies to promote consumption [1][2]. Group 1: Financial Services and Consumer Impact - The banking sector in Beijing is actively responding to the self-regulatory agreement by reducing interest rates on personal auto loans and credit card installment products, thereby alleviating the financial burden on consumers [1][2]. - This initiative is expected to enhance consumer confidence and purchasing experience by providing transparent financial services and addressing concerns about predatory lending practices [1][2]. Group 2: Industry Direction and Future Outlook - The self-regulatory action signifies a shift from price competition to service and efficiency competition within the automotive consumer finance sector, promoting a healthier market environment [1][2]. - Banks are adjusting their pricing strategies and improving risk management and operational efficiency to pass on cost savings to consumers, reinforcing the industry's commitment to serving the real economy and enhancing consumer welfare [2].

消息面，中国光伏行业协会本周召开的会议主题，仍是关于"限产保价"。光伏三季度将迎来更大力 度减产，预计开工比例将环比降低10%-15%左右。 注：指数/基金短期涨跌幅及历史表现仅供分析参考，不预示未来表现。市场观点随市场环境变化 而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不构成任何投资建议，也不构成对基金 业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相匹配的产品。基金有风险，投资需谨 慎。 每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 受利好催化，光伏50ETF（159864）涨近2%。 东兴证券表示，光伏抢装带动25年一季度业绩回暖，但全行业仍处于亏损阶段，产能出清仍在进行 时。在此背景下，行业自律与技术创新成为破局关键。一方面，头部企业或将牵头建立产能规划协调机 制，通过签订自律公约避免恶性竞争，引导资源合理配置；另一方面，新型电池技术 ...

但是，持续的价格战或会使竞争陷入不良循环。低价竞争，正在让供应商承受更大的压力，主要体现在 车企的应付账款周转天数不断拉长，占压了供应商现金流，国内零部件供应商净利润率已从2015年的 9%降至2025年一季度的3.8%。2024年，根据对16家上市中国车企财报的估算，车企应付账款及应付票 据周转天数平均是182天，而同期14家国际车企的账期基本控制在60天内。 因此，长期来看，治理支付账期过长问题需要法治思维与系统思维。比如应探索进一步强化立法，明确 对延迟付款的惩罚，禁止不合理压缩供应商利润，建立明确的执行机制等。与此同时，应对车企零部件 与材料等实施更严格的质量监管，提高消费者维权能力，避免降价导致的偷工减料、降低标准以及减配 等现象发生，从而让消费者承担降价的生产成本与安全风险。 一些车企打价格战，是因为能够将成本转移给合作伙伴，即通过拉长上游供应商的账期，让它们承担车 企部分的融资成本，一些车企也利用自己的强势地位要求下游经销商囤积库存，即所谓的压库现象。供 应链金融从提高资金效率的工具，演变成制约供应商的工具，使得行业越来越金融化并不断积累脆弱 性。 事实上，一些领域的"价格战"是正常的市场竞争现 ...

Core Viewpoint - The automotive industry in China is facing severe internal competition, which is detrimental to its healthy development, and there is a strong call for industry self-discipline to maintain fair competition [1][2] Group 1: Industry Self-Discipline - Industry self-discipline is deemed essential for the healthy development of the Chinese automotive sector, as highlighted by the senior vice president of Zhejiang Geely Holding Group [1] - Despite signing the "Commitment to Maintain Fair Competition in the Automotive Industry," adherence to these commitments is inconsistent among industry players [1] - The essence of competition in the industry is fundamentally a competition among individuals, and the root of industry chaos lies in the amplification of human flaws [1] Group 2: Legal Framework and Consumer Impact - The legal system must play a crucial role if industry self-discipline fails, ensuring transparency and accountability within the automotive sector [2] - The ongoing internal competition not only harms companies but also negatively impacts consumers, threatening the overall health of the industry [2] - The phenomenon of "involution" is described as a form of self-destructive competition that distorts market mechanisms and disrupts fair competition [2] Group 3: Company Positioning - Geely explicitly opposes involutionary competition and commits to a path of open and healthy competition, focusing on value, technology, quality, service, brand, and corporate ethics [2]

Core Viewpoint - Industry self-discipline is crucial for the healthy development of the Chinese automotive industry, and companies are urged to resist vicious competition characterized by "involution" [1][3][5] Summary by Sections Industry Self-Discipline - Yang Xueliang emphasized that self-discipline is the guardian of healthy industry development, despite many companies signing the "Commitment to Maintain Fair Competition in the Automotive Industry" [3][4] - The implementation of this commitment varies among companies, and it should not be merely a formality; companies must fulfill their promises to ensure industry health [3][4] Human Factors in Self-Discipline - The effectiveness of self-discipline is influenced by human nature within companies, where the duality of good and evil can impact corporate behavior [3][4] - A lack of effective constraints can lead to industry chaos, while strict legal enforcement can promote positive behavior [3][4] Legal Framework - If industry self-discipline fails, legal intervention is necessary to ensure transparency and combat illegal activities [4] - Adherence to laws and strict enforcement is essential for orderly industry operations [4] Mutual Supervision and Respect - Companies should supervise and respect each other, as their actions are interconnected with the overall industry interests [4] - Malpractices that harm public interest or mislead consumers damage the industry's reputation and should be addressed [4] Concerns Over Involution - Involution is described as a detrimental form of competition that threatens the automotive industry, and companies should engage in open and healthy competition across various dimensions [5] - Industry leaders have expressed concerns about involution, recognizing it as a barrier to sustainable development [5] Call for Collective Efforts - Yang's call for collective self-discipline reflects the sentiments of many industry stakeholders, aiming to elevate the Chinese automotive industry on a global scale [5]

"治理行业乱象要从依法合规开始，有法必依、违法必究、执法必严是保证行业健康发展的良 药。""企业是行业自律的主体，企业不自律行业不可能自律。""内卷不仅威胁到行业的健康发展，消费 者也将深受其害。""同行间相互监督就是相互尊重，同行间的竞争就是建立在依法公平、透明竞争基础 上的比赛，只有在阳光下比赛，才能体现相互尊重，市场竞争就是公开赛。不公平的竞争就是对同行的 不尊重。"在今天上午2025中国汽车重庆论坛汽车产业生态分论坛上，吉利控股集团高级副总裁杨学良 在演讲中火力全开，直指汽车行业的内卷乱象，倡议"行业自律是中国汽车产业健康发展的守护神"。 杨学良表示，对吉利而言，无论行业如何变幻，无论友商如何内卷，吉利永远不搞内卷，永远不做 卷王，永远不搞内卷式恶性竞争。"吉利将坚持走开放式良性竞争的发展道路，坚持合作共赢、外延发 展的市场竞争原则。我们不简单地打价格战，我们要在保持价格优势的前提下，打价值战、技术战、品 质战、服务战、品牌战、企业道德战。" 依法治国应该在汽车行业充分体现 2023年7月，中国汽车工业协会组织16家汽车生产企业签署了《汽车行业维护公平市场秩序承诺 书》指出，坚持遵守行规行约，规范市场 ...

6月7日2025重庆汽车论坛上，吉利控股集团高级副总裁杨学良发表演讲，呼吁企业自律，认为行业自律是中国汽 车产业健康发展的守护神。 杨学良表示，汽车行业内许多企业都已签订过《汽车行业维护公平竞争市场秩序承诺书》，做出过承诺。 据悉，《汽车行业维护公平竞争市场秩序承诺书》包含四点内容：坚持遵守行规行约，规范市场营销活动，维护 公平竞争秩序；注重营销宣传方式方法，不夸大宣传、不虚假宣传，不为吸引眼球、增加获客而对消费者进行误 导性宣传；发扬质量为先、品质为本的工匠精神，以高质量产品，高品质服务，满足人民对美好生活的需求；弘 扬社会主义核心价值观念，积极履行社会责任。 杨学良认为，企业是行业自律的主体，企业不自律行业不可能自律。"企业与企业之间的竞争从本质上讲是人与人 之间的竞争，行业乱象的根源在于人性的恶得到了放大，人性的伪没有被识破，假话到处行，真话不可行，有法 不依、违法不究、执法不严，这是行业乱象的根源。" 就目前行业中存在的内卷现象，杨学良认为，这不仅威胁到行业的健康发展，消费者也将深受其害。"'卷'字一日 不消，内卷发动者一日不改邪归正，中国汽车就不可能由大变强，真正走向全球。" "内卷是最低级的竞争行 ...