Core Insights - The photovoltaic (PV) sector is experiencing significant inflows, with the PV 50 ETF (159864) leading gains of over 3% and net inflows exceeding 300 million yuan in the past 10 days [1] Industry Summary - The photovoltaic industry is identified as one of the sectors with the most severe supply-demand imbalance and profitability pressure [1] - Recent political developments are expected to benefit the industry, particularly in the context of reversing the trend of excessive competition [1] - The current phase of recovery in the PV sector is marked by progress in two main areas: 1. Price recovery, with a notable increase in silicon material prices, which is anticipated to lead to sustained price recovery downstream [1] 2. Capacity consolidation, with ongoing mergers and acquisitions in silicon material expected to reach preliminary agreements by the end of July [1] - The market outlook remains positive for the continuation of this recovery trend, emphasizing its beta-type recovery characteristics [1] Investment Opportunities - Investors without stock accounts can access investment opportunities in the PV sector through the PV 50 ETF's connected fund (013602) [1]