8月5日，中国机电商会发布《关于反对不正当竞争，维护光伏行业对外贸易高质量发展的倡议》称，坚决抵制以 低于成本价出口等方式的各类不正当竞争行为。中国机电商会向广大光伏企业发出倡议：严格遵守公平竞争原 则，依法依规开展经营活动；根据全球市场需求合理控制产能扩张节奏，有序推动落后产能出清；聚焦技术创新 与品质提升，推动光伏产品从"规模优势"向"质量优势"转型；强化自律经营意识，共同遵守《光伏行业对外贸易 企业自律公约》。 "受'531'抢装潮影响，目前市场需求量有限，行业量价齐升的局面还需要时间。"捷泰科技副总裁刘捷告诉新京报 零碳研究院，尽管在"反内卷"的大背景下，多数企业依然有压力。 "反内卷"显效，全产业链价格回升 尽管多数企业尚未感受到行业环境的明显改善，但是刘捷坦言，好的一面是，国家部委、中国光伏协会、中国机 电商会等一系列倡议举措得到行业的广泛响应，成效初步显现，直接反映在全产业链价格回升，幅度有20%-30% 左右。海外市场的价格，随国内市场价格回升也同步提高。 光伏产业的调整期，正是锻造核心竞争力的关键期。机电商会的倡议吹响了行业从"规模竞争"向"质量竞争"转型 的号角，这一转型不仅关乎企业生存， ...

风险提示：投资有风险，入市需谨慎。 晶科能源7月30日股价报收5.48元，较前一交易日下跌1.62%。当日成交量为648539手，成交金额达3.58 亿元。 晶科能源是光伏设备行业的重要企业，主要从事太阳能光伏组件、电池片等产品的研发、生产和销售。 公司产品广泛应用于住宅、商业和地面电站等光伏发电系统。 公司近期就美国光伏企业第一太阳能提起的专利诉讼作出回应。晶科能源已向美国专利审判和上诉委员 会提出专利无效申请，涉及一项TOPCon技术专利。公司表示已为此做了充分准备，提交了27份历史资 料进行论证。此前2月，第一太阳能指控晶科能源侵犯其持有的TOPCon专利。 7月30日数据显示，晶科能源主力资金净流出3403.68万元。 本文源自：金融界 作者：A股君 ...

Core Viewpoint - The current state of the new energy vehicle (NEV) industry mirrors that of the photovoltaic (PV) industry, with both sectors facing challenges from price wars and cost-cutting measures that threaten innovation and overall industry health [1][2]. Group 1: Industry Challenges - The price war in the PV sector has led to a significant decline in prices across the supply chain, with prices for polysilicon and components dropping nearly 30%, despite a 28.3% year-on-year increase in new installations [2][3]. - Major PV companies, including Longi Green Energy and Tongwei Co., have reported substantial revenue declines and losses, indicating that the aggressive pricing strategies are unsustainable [2][3]. - The NEV industry is currently experiencing a similar price war, with many companies unable to differentiate their products, leading to increased losses and cash flow issues [2][3]. Group 2: Capacity Expansion and Market Dynamics - The PV industry has faced severe overcapacity, driven by both market competition and local government incentives, which has historically led to inefficiencies and a poor market experience [3][4]. - The NEV sector is beginning to see similar patterns, with calls from industry leaders to halt new factory constructions and instead utilize existing overcapacity [3][4]. - The PV industry is now encouraging mergers and acquisitions to consolidate and eliminate low-quality capacity, a trend that is expected to emerge in the NEV sector as well [4][5]. Group 3: Innovation and Intellectual Property - The lack of intellectual property protection has hindered innovation in the PV sector, with new technologies quickly becoming common knowledge and not providing competitive advantages to early innovators [5][6]. - The NEV industry is undergoing a transformation that emphasizes the importance of innovation, particularly in software and artificial intelligence, necessitating both investment in R&D and protection of innovative outcomes [5][6]. - A supportive market environment that encourages and protects innovation is essential for the long-term success of both the PV and NEV industries in the global market [6][7].

Core Viewpoint - The current state of the new energy vehicle (NEV) industry mirrors that of the photovoltaic (PV) industry, with both sectors facing challenges from price wars and cost-cutting measures that threaten innovation and overall profitability [1][2]. Group 1: Industry Challenges - The price war in the PV sector has led to a significant decline in prices across the supply chain, with prices for polysilicon and components dropping nearly 30%, despite a 28.3% year-on-year increase in new installations [2]. - Major PV companies, including Longi Green Energy and Tongwei Co., have reported substantial revenue declines and losses, indicating that the aggressive pricing strategies are unsustainable [2][3]. - The NEV industry is experiencing similar pressures, with some companies facing increasing losses and cash flow issues, highlighting the risks of relying solely on price competition [2][3]. Group 2: Capacity Expansion and Market Dynamics - The PV industry has seen severe overcapacity, driven by both market competition and local government incentives, which has historically led to inefficiencies and market saturation [4]. - The NEV sector is beginning to echo these patterns, with calls from industry leaders for a halt to new factory constructions in favor of utilizing existing overcapacity [4][5]. - Mergers and acquisitions are being encouraged in both industries as a means to consolidate and eliminate low-quality capacity, supported by recent regulatory changes [4][5]. Group 3: Innovation and Intellectual Property - The lack of intellectual property protection has hindered innovation in the PV sector, where new technologies quickly become widely adopted without adequate rewards for the original innovators [6][7]. - The NEV industry must prioritize protecting innovation and fostering a supportive environment for technological advancements to avoid repeating the mistakes of the PV sector [6][7]. - A collaborative approach involving policy support is essential for creating a market environment that encourages and protects innovation across both industries [7][8].

Core Viewpoint - The current challenges faced by the Chinese photovoltaic (PV) industry, particularly regarding price wars and overcapacity, serve as a cautionary tale for the automotive industry, which is experiencing similar pressures in its transition to electric and smart vehicles [1][2][3]. Group 1: Industry Challenges - The PV industry has seen a significant increase in production, with polysilicon, battery cells, and modules all growing over 10% year-on-year in 2024, while new installations reached 277.57 GW, a 28.3% increase [2]. - Despite the growth in production and demand, prices for key components in the PV supply chain have dropped nearly 30%, leading to a decline in overall industry revenue [2]. - Major PV companies, including Longi Green Energy and Tongwei Co., have reported substantial revenue declines and losses, indicating a troubling trend in profitability [2][3]. Group 2: Price Wars and Competition - The automotive industry is currently engaged in aggressive price competition, which has not yet resulted in the same level of industry-wide losses seen in the PV sector, but poses risks as many companies struggle to differentiate their products [2][3]. - The phenomenon of price wars is often accompanied by homogeneous capacity expansion, which can lead to inefficiencies and market saturation [3][4]. Group 3: Innovation and Intellectual Property - The lack of intellectual property protection for innovators in the PV sector has hindered the ability of pioneering companies to capitalize on their technological advancements, leading to rapid diffusion of innovations across competitors [6][7]. - The automotive industry must prioritize both research and development and the protection of innovative outcomes to avoid repeating the mistakes of the PV sector [6][7]. Group 4: Future Directions - Both the PV and automotive industries are encouraged to pursue mergers and acquisitions to eliminate low-quality capacity and enhance market efficiency, supported by policy initiatives [4][5]. - A conducive market environment that fosters and protects innovation is essential for the sustainable growth of both industries, allowing them to leverage China's manufacturing advantages on a global scale [7].

Core Insights - JinkoSolar, in collaboration with third-party organizations such as the Certification Center and TÜV NORD Group, released the first industry white paper on TOPCon technology and the Tiger Neo 3.0 commercial solution [1] - The white paper includes testing data from over 10 extreme environment power plants globally, showcasing the performance advantages of TOPCon technology [1] - TOPCon solar cells can achieve a mass production efficiency of 26.5% through a design that incorporates a tunneling oxide layer and doped polycrystalline silicon layer [1] - Future advancements in TOPCon technology, leveraging invisible busbar technology and perovskite tandem technology, could potentially push theoretical efficiency beyond 32.5% [1] - The General Manager of JinkoSolar's Technical Service Center emphasized that TOPCon technology will be the market leader in the present and the next five years [1]