Group 1 - The core viewpoint of the articles highlights a significant inflow of funds into the photovoltaic sector, with the photovoltaic 50 ETF (159864) seeing a net inflow of 27 million units, indicating strong market interest in photovoltaic assets [1] - The Central Economic Work Conference has emphasized the need to address "involution" competition, with the Central Financial Committee advocating for legal governance of low-price disorderly competition, aiming to enhance product quality and facilitate the orderly exit of outdated production capacity [1] - The National Market Supervision Administration and the Ministry of Industry and Information Technology have jointly issued the "Measurement Support Action Plan for the Development of New Quality Productivity in Industries (2025-2030)," which aims to promote capacity upgrades through enhanced manufacturing standards [1] Group 2 - In response to the regulatory requirement of "selling not below cost," silicon material companies have raised prices above the comprehensive cost line, with recent prices for multi-crystalline silicon N-type materials showing increases of 6.92%, 6.54%, and 6.27% respectively [1] - The photovoltaic industry chain has experienced a notable price increase due to the anti-involution policy initiatives, and as these policies are gradually implemented, the industry is expected to return to orderly competition [1]