Core Insights - The 18th SNEC Photovoltaic Exhibition highlights the ongoing deep restructuring of the photovoltaic industry, with a consensus among participants on the need for innovation and collaboration to drive development [1][2] - The Chinese photovoltaic industry has evolved from a follower to a global leader over the past 20 years, now accounting for over 80% of global capacity and output across all segments of the industry chain by 2025 [1] - Despite challenges such as overcapacity and international trade barriers, industry professionals remain optimistic about future growth, with many companies reporting plans for diversification and technological advancements [2][3] Industry Overview - The exhibition covered nearly 400,000 square meters and attracted over 50,000 visitors from more than 90 countries, with 3,500 companies participating, including 30% international exhibitors [2] - Many companies are focusing on retaining talent and investing in new product development to prepare for future market opportunities, with some expecting revenue growth of 50% to 60% this year [2] - The industry is experiencing structural differentiation, with companies exploring new niche markets and forming alliances to enhance competitiveness [3] Future Outlook - The event featured over 20 parallel forums aimed at promoting healthy competition and development within the industry, emphasizing the importance of international collaboration in building a clean, low-carbon, and efficient modern energy system [3]