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<Research>CICC: CN Authorities Reiterate Anti-involution in Photovoltaic Sector
According to Chinese media, on 17 April, the Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC), the State Administration...
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<Research>CICC: CN Authorities Reiterate Anti-involution in Photovoltaic Sector
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According to Chinese media, on 17 April, the Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC), the State Administration for Market Regulation (SAMR), the National Energy Administration (NEA) and other departments jointly held a symposium on the photovoltaic industry, CICC published a research report saying.

The meeting emphasized the importance and urgency of of deeply understanding and addressing the 'involutionary' competition, and called for solid progress in the photovoltaic industry’s 'anti-involution' efforts.

CICC believed that the larger reaction in the photovoltaic glass segment is due to the presence of companies offering ultra-low prices to secure cash flow.

The current quotation for 2.0mm glass is RMB9.2-9.8 per square meter, with the pivot continuing to slip, and some companies quoting as low as RMB9 per square meter, according to Sublime China Information's data.

If pricing enforcement and quality supervision are implemented in line with the meeting's requirements, this would effectively safeguard the interests of companies complying with market rules.

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