Guotai CSI Photovoltaic Industry ETF

China Huaneng and Longi Green Energy Sign Strategic Cooperation Agreement in New Energy Sector

TBEA Responds to Profit Decline and Xinte Energy's Lower Valuation Compared to Peers

Deye released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 4.459 B (forecast CNY 4.87 B), actual EPS CNY 1.31 (forecast CNY 1.28)

Tongwei Co., Ltd released FY2025 Annual Earnings on April 29 After-Market (BJT), actual revenue CNY 84.13 B (forecast CNY 90.08 B), actual EPS CNY -2.1222 (forecast CNY -1.5515)

TBEA released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 24.95 B (forecast CNY 26.44 B), actual EPS CNY 0.3614

Tongwei Co., Ltd released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 12.13 B (forecast CNY 17.16 B), actual EPS CNY -0.543 (forecast CNY -0.255)

TCL TECH. released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 43.48 B (forecast CNY 48.88 B), actual EPS CNY 0.0682 (forecast CNY 0.0948)

Tongwei Co., Ltd released FY2025 Q4 earnings on April 29 After-Market (BJT), actual revenue CNY 19.53 B (forecast CNY 20.63 B), actual EPS CNY -0.9517 (forecast CNY -0.5994)

LONGi released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 19.43 B (forecast CNY 21.37 B), actual EPS CNY -0.401 (forecast CNY -0.2875)

LONGi released FY2025 earnings on April 28 After-Market (BJT), actual revenue CNY 70.35 B (forecast CNY 72.69 B), actual EPS CNY -0.85 (forecast CNY -0.5775)

LONGi released FY2026 Q1 earnings on April 28 Pre-Market (BJT), actual revenue CNY 11.19 B (forecast CNY 13.32 B), actual EPS CNY -0.25 (forecast CNY -0.105)

TCL Industry Showcases New Products and Emphasizes R&D and Global Expansion

Maxwell released FY2025 Q4 earnings on April 27 After-Market BJT, actual revenue CNY 1.948 B (forecast CNY 2.34 B), actual EPS CNY 0.2096 (forecast CNY 0.965)

Sungrow Power Supply released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 15.56 B (forecast CNY 21.85 B), actual EPS CNY 1.11 (forecast CNY 1.5529)

TZE released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 6.549 B (forecast CNY 6.013 B), actual EPS CNY -0.4119 (forecast CNY -0.36)

Maxwell released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 1.337 B (forecast CNY 2.511 B), actual EPS CNY 0.42 (forecast CNY 0.56)

Maxwell released FY2025 annual earnings on April 27 After-Market (BJT), actual revenue CNY 8.152 B (forecast CNY 8.839 B), actual EPS CNY 2.59 (forecast CNY 3.163)

S.C released FY2026 Q1 earnings on April 26 During-Market (BJT), actual revenue CNY 1.495 B (forecast CNY 1.948 B), actual EPS CNY 0.78 (forecast CNY 0.815)

Tongwei Co., Ltd to release FY2026 Q1 earnings on April 30 After-Market BJT, forecast revenue CNY 17.16 B, EPS CNY -0.21

Deye to Release FY2026 Q1 Earnings on April 30 After-Market (BJT), Forecast Revenue CNY 4.87 B, EPS CNY 1.28

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159857

On April 20th, the price of polysilicon futures surged significantly, with the main contract PS2606 rising by 9.00%. The market's expectations for the photovoltaic industry's "anti-involution" policy stimulated bullish sentiment. The Ministry of Industry and Information Technology and other departments held a meeting, emphasizing the need to regulate competition in the photovoltaic industry and promote high-quality development. Analysts pointed out that some major manufacturers plan to reduce production, which may lead to a contraction in supply and alleviate market pessimism. However, demand has not shown significant improvement, and subsequent inventory pressure may increase

腾讯新闻 - 财经

Huatai-PB CSI Photovoltaic Industry ETF

E Fund CSI Photovoltaic Industry ETF

Tianhong CSI Photovoltaic Industry ETF

INDUSTRIAL SECURITIES

The main contract for polysilicon hits the limit up again! Is it a rebound from overselling or an improvement in demand?

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The photovoltaic equipment sector experienced a short-term surge on April 13, with Tongwei Co., Ltd. hitting the daily limit, and other companies like Daqo Energy also rising. Previously, concerns in the market were triggered by negative news regarding photovoltaic equipment exports, but industry insiders clarified that the recent symposium did not issue any explicit bans, and the industry logic remains positive. Brokerage analysts believe that this discussion will only affect market sentiment, and exports of photovoltaic equipment will continue as normal. The photovoltaic capacity targets set by Tesla and SpaceX, both under Elon Musk, have also instilled confidence in Chinese equipment manufacturers

Penghua SSE STAR New Energy ETF

ChinaAMC Green Electricity ETF

ChinaAMC CSI Photovoltaic Industry ETF

Tongwei Co.,Ltd

Daqo Energy

Ping An CSI Photovoltaic Industry ETF

China Merchants CSI Photovoltaic Industry ETF

Industry insiders clarify the regulation of photovoltaic equipment exports, leading to a surge in the photovoltaic equipment sector

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A Goldman Sachs report indicates that if the Middle East conflict continues, high-income nations will leverage their purchasing power to secure energy, leaving low-income countries like Bangladesh and Pakistan at risk of supply disruptions and manufacturing shutdowns. High import costs are driving a global shift toward localized energy, leading to a structurally bullish outlook for solar power. Meanwhile, some nations in South and Southeast Asia, lacking the capability to rapidly deploy renewable energy, are reverting to coal, which is expected to receive sustained demand support over the coming years

- The ongoing Middle East conflict is reshaping the global energy landscape, favoring solar energy and coal as major beneficiaries.  
- High-income countries are leveraging their purchasing power to secure energy resources, while low-income nations like Bangladesh and Pakistan risk energy shortages due to rising import costs and competition.  
- The transition to localized energy sources is accelerating, with increased adoption of solar energy expected in the long term, but many South and Southeast Asian countries are reverting to coal amid difficulties in deploying renewable sources, sustaining global coal demand.

Wallstreetcn

China Coal Energy

Daqo New Energy

CSEC/China Shenhua

YANCOAL AUS

Jinko Solar

GCLSI

SHCI

Shanxi Coking Coal

YANKUANG ENERGY

JHSCIC

JA SOLAR

Sungrow Power Supply

Aiko Solar

Range Global Coal Index ETF

Lu′an EED

HONGYUAN

CSI Solar

GCL TECH

TRINA SOLAR

CHINA SHENHUA

Jinkosolar

Goldman Sachs: Three Key Revelations from the Middle East Energy Shock—Structurally Bullish on Solar, Strengthened Coal Demand, and Developing Countries Under Pressure

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In March 2026, the national industrial producer price index (PPI) changed from a year-on-year decrease of 0.9% in the previous month to an increase of 0.5%, with a month-on-month increase of 1.0%, marking the first increase after 41 consecutive months of decline. The rebound in photovoltaic and lithium battery prices is seen as a positive signal, but it is still in the preliminary clearing stage. Experts point out that despite the complex international situation and abundant domestic supply, the CPI growth rate is expected to continue to rise moderately, and the PPI growth rate may continue to rise, with the annual growth rate of industrial product prices being moderate and controllable

GANFENGLITHIUM

CATL

LONGi

Canmax Technologies

TIANQI LITHIUM

Ganfeng Lithium

Hwabao WP CSI Subdivision Chemical Industry Theme ETF

Dacheng CSI Battery Thematic ETF

GF CNI New Energy Vehicle Battery ETF

March PPI welcomes a key turnaround, "anti-involution" effects release as prices of photovoltaics and lithium batteries rise consecutively

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The photovoltaic ETF Ping An rose by 2.51%, and the CSI Photovoltaic Industry Index increased by 2.37%. The energy storage industry is advancing the regulation of competitive order due to a meeting held by the Ministry of Industry and Information Technology and three other departments, emphasizing the need to resist unreasonable competition. CITIC Securities pointed out that the year-on-year growth rate of energy storage project bidding data is rapid, with significant participation from state-owned enterprises, and the bidding volume in March increased by nearly 350% year-on-year. It is expected that the energy storage sector will usher in an investment peak, with rising demand in overseas markets

China Universal CSI Photovoltaic Industry ETF

GF CSI Photovoltaic faucet Leading 30 ETF

Harvest CNI Green Power ETF

The photovoltaic ETF Ping An rose over 2.5%, and four departments are promoting the storage industry to counteract involution

The new energy sector continues to catalyze, with the Guotai CSI Photovoltaic Industry ETF (159864) rising over 3% during intraday trading on April 10. Soochow Securities pointed out that the supply-side inflection point in the photovoltaic equipment industry has arrived, with policy guidance accelerating the elimination of backward production capacity, and the profitability of the industry chain gradually recovering. It is expected that offshore wind installations will grow by over 30% in 2026, and the overall trend of the photovoltaic industry is positive, with high growth potential and volatility. Investors should be cautious and understand the risk-return characteristics

The new energy sector continues to be catalyzed, with the Guotai CSI Photovoltaic Industry ETF (159864) rising over 3% during trading, indicating that the supply-side turning point in the photovoltaic equipment industry has arrived

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The polysilicon market continued its weak trend this week, with prices facing downward pressure. The average transaction price for n-type recycled polysilicon was 36,000 yuan/ton, a 1.37% decrease month-on-month; the average transaction price for n-type granular polysilicon was 35,000 yuan/ton, a 4.11% decrease month-on-month. Market competition intensified, with downstream buyers strongly seeking lower prices, while suppliers maintained a willingness to hold prices firm. Mainstream transaction prices remained in the 35,000-36,000 yuan/ton range

Invesco Solar ETF

Fullgoal CSI Photovoltaic Industry ETF

CSOP CSI PV

Penghua CSI Photovoltaic Industry ETF

Global X Solar ETF

Silicon Industry Branch: Polysilicon Market Continues Weakness This Week, Prices Remain Under Downward Pressure

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On April 8th, Chinese photovoltaic panel manufacturers jointly raised sales prices in the Japanese market, with First increasing by over 9%. Companies such as Jinko Solar and LONGi also raised prices accordingly, with increases of up to 30%. This move reflects rising raw material costs and changes in export policies. Industry insiders pointed out that the price increase may affect the popularization of photovoltaics in Japan. Meanwhile, China General Nuclear Power Corporation has put a large photovoltaic project into production in Laos, with an expected annual power generation of 1.65 billion kilowatt-hours. China International Capital Corporation believes that positive signals of ecological reshaping in the photovoltaic industry have reappeared, and the industry is still undergoing deep adjustments

Yinhua CSI Photovoltaic Industry ETF

First

Chinese photovoltaic panel manufacturers jointly raise prices, First rises over 9%, institutions: Positive signals of ecological reshaping in the photovoltaic industry reappear

As of April 7, 2026, the CSI Photovoltaic Industry Index rose by 0.88%, and the Ping An Photovoltaic ETF increased by 0.74%. The team from the Chinese Academy of Sciences published results in Nature Energy, successfully developing a self-protecting, non-flammable polymer electrolyte, achieving thermal runaway prevention in sodium-ion batteries for the first time. CITIC Securities pointed out that the domestic energy storage market will shift from cost priority to value creation, recommending leading manufacturers in the energy storage industry chain. The Ping An Photovoltaic ETF closely tracks the CSI Photovoltaic Industry Index, reflecting the overall performance of listed companies in the photovoltaic industry

The photovoltaic ETF Ping An rose nearly 1%, and China has made significant breakthroughs in sodium-ion batteries

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The Tianhong CSI Photovoltaic Industry ETF (159857) was subscribed for 42 million units last Friday, with a transaction amount of 148 million yuan, ranking first among the same category in the Shenzhen market. The photovoltaic industry index fell by 2.39%, but related stocks such as RoboTechnik and Jinko Power rose. The photovoltaic industry is facing a large-scale retirement wave, with a critical phase expected in 2026, prompting companies to accelerate their layout in photovoltaic recycling. Everbright Securities pointed out that future new demand and energy storage business will become profit growth points, and market-oriented mergers and acquisitions are expected to optimize the supply side

RoboTechnik

Jinko Power

The Tianhong Photovoltaic ETF (159857) received subscriptions for 42 million units last Friday, ranking first among the same category in the Shenzhen market, as companies flock to enter the photovoltaic recycling sector

Guotai CSI Photovoltaic Industry ETF(159864.SZ)

The main contract for polysilicon hits the limit up again! Is it a rebound from overselling or an improvement in demand?

Industry insiders clarify the regulation of photovoltaic equipment exports, leading to a surge in the photovoltaic equipment sector

Goldman Sachs: Three Key Revelations from the Middle East Energy Shock—Structurally Bullish on Solar, Strengthened Coal Demand, and Developing Countries Under Pressure

March PPI welcomes a key turnaround, "anti-involution" effects release as prices of photovoltaics and lithium batteries rise consecutively

The photovoltaic ETF Ping An rose over 2.5%, and four departments are promoting the storage industry to counteract involution