Core Viewpoint - The photovoltaic industry is facing unprecedented development opportunities amid global energy transition, but recent policy adjustments from the US and EU present new challenges for Chinese photovoltaic companies [1] Group 1: US Policy Impact - On April 21, the US Department of Commerce announced affirmative rulings on anti-dumping and countervailing investigations against crystalline silicon photovoltaic cells from Cambodia, Malaysia, Thailand, and Vietnam, with anti-dumping tax rates ranging from 0% to 271.28% and countervailing tax rates from 14.64% to 3403.96% [1] - On May 20, the US International Trade Commission (ITC) voted to impose punitive tariffs on photovoltaic products from these Southeast Asian countries, impacting both the local industry and Chinese companies' overseas strategies [1] Group 2: EU Policy Changes - On May 23, the European Commission passed the secondary legislative implementation details of the Net Zero Industry Act (NZIA), mandating EU member states to ensure annual deployment requirements for photovoltaic components and other renewable energy equipment, with a fixed proportion to come from domestic manufacturing by 2026 [1] - This policy aims to reduce the EU's reliance on imported photovoltaic components and enhance the resilience of local supply chains, raising entry barriers for Chinese photovoltaic companies in the EU market [1] Group 3: Chinese Companies' Adaptation - Chinese photovoltaic companies are demonstrating strong market adaptability and foresight by expanding into various overseas markets, particularly in the Middle East, where they are participating in large-scale photovoltaic projects like the 10 GW integrated solar hydrogen project in Saudi Arabia [2] - In the Middle East, companies like Longi and Jinko are supplying high-efficiency components that meet local demands for durability and efficiency, while also investing in local manufacturing bases, such as Junda's 5 GW battery cell base in Oman [2] Group 4: Southeast Asia and Latin America Expansion - In Southeast Asia, Chinese photovoltaic companies are achieving growth through optimized capacity layouts, with Indonesia emerging as a key investment destination due to its low labor and equipment costs [3] - In Latin America, companies are increasing investments, such as Canadian Solar's $300 million investment in Brazil and Tongwei's $400 million project in Mexico, which leverage local resources and market potential [3] Group 5: African Market Opportunities - Africa, with its abundant solar resources, is becoming a new hotspot for photovoltaic development, as Chinese companies like Risen Energy and Chint New Energy invest in local energy infrastructure [4] - Projects in Ethiopia and South Africa are providing high-quality photovoltaic products and contributing to the optimization of energy supply structures, supporting sustainable development in the region [4]