Huatai-PB 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)

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 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)

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)

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)

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

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)

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 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)

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

NEA Introduces Progress of Green Power Direct Supply Policy

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)

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)

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)

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 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)

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

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Polysilicon prices stabilized this week, with the average transaction price for n-type re-investment material at 35,300 yuan per ton and for n-type granular silicon at 34,300 yuan per ton, both flat compared to the previous week. Spot prices ended a two-month decline, showing signs of stabilization. Downstream inquiry activity increased; although only 2-3 companies actually signed orders, order volumes rose compared to the previous week

Wallstreetcn

GCLSI

Tongwei Co.,Ltd

ChinaAMC Green Electricity ETF

Silicon Industry Branch: Polysilicon Prices Stop Falling and Stabilize This Week

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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

Guotai 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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On April 17th, photovoltaic concept stocks were active, with Crown Material rising over 13%. SMM expects that in the coming years, the market share of BC technology in China's photovoltaic modules and cells will increase year by year, with an expected breakthrough of 30% by 2030. Data from Germany shows that the newly installed photovoltaic capacity reached 1.41GW in March 2026, with the total installed capacity rising to 3.28GW in the first quarter. The Silicon Industry Association believes that the price of polysilicon is nearing the bottom, and some companies have begun tentative purchases

Crown Material

Cybrid

Autowell

Jolywood

LAPLACE

SolaX Power

Global photovoltaic demand recovers, silicon material prices stabilize, Crown Material rises over 13%

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On April 13th, polysilicon futures hit the daily limit for the first time at the Guangzhou Futures Exchange, closing at 34,770 yuan/ton, an increase of 9%. This rise was attributed to rumors that photovoltaic companies would control production and set price floors, although several companies later refuted these claims. The A-share photovoltaic sector subsequently surged, with Daqo Energy rising over 12% at one point. Polysilicon futures prices have been on a downward trend this year, with the lowest price on April 10th dropping nearly 48% from the highest price at the beginning of the year

Daqo Energy

Penghua CSI Photovoltaic Industry ETF

GCL TECH

LONGi

HONGYUAN

NANHUA FUTURES

Daqo New Energy

Emotional Nuclear Explosion in the Silicon Material Predicament: From Halving to Limit Up for Polysilicon Under Anti-Competition

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The China Merchants CSI Photovoltaic Industry ETF (516230) has attracted 160 million yuan in capital over 8 consecutive trading days, indicating optimistic market expectations for the photovoltaic industry. On June 18, 2026, China will implement a new distributed photovoltaic policy, which is expected to break industry bottlenecks and activate the market. The Ministry of Industry and Information Technology emphasizes the need to eliminate the internal competition in the photovoltaic industry and enhance the security of the industrial chain. Bank of China International points out that photovoltaic investment in 2026 will focus on "anti-involution" and "space photovoltaic." The new five-year plan will raise the proportion of green electricity in data centers to 80%, bringing new demand for photovoltaics

China Merchants CSI Photovoltaic Industry ETF

The photovoltaic ETF China Merchants (516230) has continuously attracted 160 million yuan over 8 days, reshaping industry expectations with the synergy of electricity and new distributed policies

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The main contract for polysilicon futures hit the daily limit, reporting 34,770 yuan/ton, an increase of 9%. By the end of February, the installed capacity of renewable energy generation nationwide reached 2.381 billion kilowatts, accounting for 60.3% of the total installed power capacity in the country. The 9% value-added tax export rebate for photovoltaic products will be officially canceled on April 1, putting survival pressure on photovoltaic manufacturers and accelerating industry consolidation. It is expected that by 2026, in the photovoltaic industry chain, the prices of silicon materials and silicon wafers will decline, while the prices of modules will increase, benefiting the profits of related manufacturers

Invesco Solar ETF

China Southern CSI New Energy ETF

Polycrystalline silicon futures hit the daily limit! Photovoltaic installed capacity accounts for over 60%, export tax rebates officially canceled

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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 CSI Photovoltaic Industry ETF

Ping An 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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The photovoltaic ETF Ping An rose by 0.35%, and the CSI Photovoltaic Industry Index increased by 0.42%. The battery supply chain is active, with CATL's stock price reaching a historic high. In April 2026, the total production capacity of China's lithium battery market is approximately 235GWh, a month-on-month increase of 7.3%. In March, the combined output of power and energy storage batteries was 177.7GWh, a month-on-month increase of 25.5%. The Ministry of Industry and Information Technology and other departments held a symposium to deploy the regulation of industrial competition. The industrialization of solid-state batteries is advancing, and it is recommended to pay attention to leading companies in the battery and related materials segments

CATL

E Fund CSI Battery Thematic ETF

The photovoltaic ETF Ping An is on the rise, and the battery industry chain is strongly surging

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The chairmen of China's battery and solar companies are advocating for stricter regulations to address overcapacity and competition issues that are harming profits and stability in the industry. They emphasize the need for top-down planning to prevent project overlap and excess capacity, which currently exceeds market demand significantly. Proposals include banning low-level production without technological advantages and establishing mandatory sales standards. Despite growth potential from geopolitical tensions and AI demand, manufacturers are facing profit declines, prompting regulators to intervene to curb irrational competition.

SCMP

ChinaAMC CSI Battery Thematic ETF

E Fund CSI Green Power ETF

China’s energy bosses push for tighter rules as overcapacity bites

Huatai-PB CSI Photovoltaic Industry ETF(515790.SH)

Silicon Industry Branch: Polysilicon Prices Stop Falling and Stabilize This Week

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

Global photovoltaic demand recovers, silicon material prices stabilize, Crown Material rises over 13%

Emotional Nuclear Explosion in the Silicon Material Predicament: From Halving to Limit Up for Polysilicon Under Anti-Competition

The photovoltaic ETF China Merchants (516230) has continuously attracted 160 million yuan over 8 days, reshaping industry expectations with the synergy of electricity and new distributed policies