本报（chinatimes.net.cn）记者李佳佳 李未来 北京报道 近期，光伏行业多家上市企业披露了2025年三季报。记者梳理发现，行业主链企业业绩回暖迹象显著， 其中，硅料企业业绩表现突出，成为回暖"先锋"，电池、硅片和组件等其他主链环节企业也同步呈现向 好态势。 具体来看，硅料头部企业大全能源（688303.SH）、双良节能（600481.SH）在第三季度实现盈利，通 威股份（600438.SH）则在第三季度大幅减亏。除硅料外，光伏电池企业钧达股份（002865.SZ）、组件 企业东方日升（300118.SZ）以及硅片巨头TCL中环（002129.SZ）等其他主链企业，第三季度亏损也大 幅收窄。 厦门大学中国能源政策研究院院长林伯强告诉《华夏时报》记者，当前主链企业业绩好转是一个积极消 息，这与行业内各方此前普遍期待价格触底的诉求相契合。但他同时强调，目前尚不能仅凭这一轮回升 就判定市场已彻底见底，一个季度还不好说明行业趋势，需要进一步观察。 部分硅料企业开始盈利 10月27日晚间，硅料巨头大全能源发布三季报。数据显示，今年前三季度，公司实现营业收入32.43亿 元，同比减少46%；实现归母净利润-1 ...

Core Insights - The price range for n-type polysilicon feedstock this week is reported between 34,000 to 38,000 CNY per ton, with an average transaction price of 37,100 CNY per ton, reflecting a week-on-week increase of 6.92% [1] - The transaction price range for n-type granular silicon is between 34,000 to 37,000 CNY per ton, with an average price of 35,600 CNY per ton, showing a week-on-week increase of 6.27% [1] - This week, polysilicon prices continued to rise, with the price range increasing to 45,000 to 50,000 CNY per ton [1] Price Adjustments - Polysilicon prices have been significantly adjusted upwards by 25% to 35%, although new order transaction volumes remain limited [1] - The price increase is primarily due to polysilicon companies operating at a loss for over a year, leading to a need to clear inventory and comply with pricing regulations that require sales to be above comprehensive costs [1] Market Dynamics - Despite the price hikes, wafer companies are still adopting a wait-and-see approach, resulting in a lack of large-scale acceptance of price increases in the short term [1] - Although new orders are scarce, the execution of previously signed orders has strengthened due to price increase expectations, contrasting sharply with previous frequent order cancellations [1] - The polysilicon market appears to be stabilizing after hitting a bottom, indicating a potential recovery trend [1]