SNEC Photovoltaic Exhibition was held. Photovoltaic energy stocks rose collectively. Comtec Solar (00712) rose 5.92%, GCL Newenergy (00451) rose 4.71%, GCL Tech (03800) rose 4.48%, xinyi energy (03868) rose 3.54%, xinyi glass (00868) rose 2.8%, fuyao glass (03606) rose 1.35%, Xinte Energy (01799) rose 1.17%.
On the news front, the 17th (2024) International Solar Photovoltaic and Smart Energy Exhibition and Conference (Shanghai) will be held from June 13th to 15th. According to pre-show news from the organizer, the number of participating companies in this exhibition is the highest in history, with 3,500 domestic and foreign exhibitors, an expected attendance of 500,000 visitors, an expected 5,000+ academic experts, and a luxurious lineup of overseas procurement teams. Germany, Spain, Canada, Australia, Argentina, the United Arab Emirates, Saudi Arabia and other countries are expected to come to seek cooperation opportunities.
China Securities Co., Ltd. Futures stated that on May 29, 2024, the State Council issued the Action Plan for Energy Conservation and Carbon Reduction in 2024-2025, which pointed out the need to accelerate the construction of building-integrated photovoltaics, and strive to achieve a new public institution construction, new plant roof photovoltaic coverage rate of 50%. It is expected that distributed photovoltaics will usher in new growth momentum again.