Breaking the "involutionary" competition! The two major photovoltaic leaders announce "production reduction and control of output."

Tongwei Co.,Ltd's subsidiary Yongxiang Co. and Daqo Energy have a total production capacity of over 1.2 million tons. Analysts expect that this production cut will reach at least 0.8 million tons, leading to a significant decline in silicon material output from December to January. Despite the production cut being initiated, the current Industry still faces considerable inventory pressure.

wallstreetcn19:33 ET

Daqian Energy: Q4 production is expected to reach a maximum of 0.034 million tons, taking measures to reduce energy consumption and lower costs to improve efficiency | Directly hitting the earnings conference.

① On the operational planning aspect, its vice director Xu Xiang stated, "The company will continue to optimize parameters and processes for key energy-consuming segments and critical devices, and adjust the procurement indicators and standards for raw and auxiliary materials to achieve the continuous increase in the proportion of N-type silicon materials, enhance the single furnace output, and reduce energy consumption." ② In the third quarter, Daqiang Energy's production of N-type polysilicon was 0.033 million tons, accounting for 75.1% of the total production during the period.

cls.cnDec 9 04:39 ET

The imbalance between supply and demand of silicon materials led to a decrease in prices. Dalquan Energy incurred a net loss of 1.099 billion yuan in the first three quarters.

1. The company plans to provide for inventory impairment losses totaling approximately 0.582 billion yuan in the third quarter of 2024; 2. It is expected that polysilicon production in the fourth quarter will be between 0.031 million tons and 0.034 million tons, with an annual expected production of 0.2 million tons to 0.21 million tons in 2024; 3. The analyst believes that the subsequent energy consumption limit is expected to be further tightened, and the bottom position of silicon material prices may have stabilized.

cls.cnOct 30 08:59 ET

Market rotation between high and low speeds up! The new energy fund track collectively warms up, and the direction of mergers and reorganizations favors the strong.

Track the entire lifecycle of the main sector.

cls.cnOct 23 21:21 ET

Up nearly 10%! Taiwan Semiconductor's performance is better than expected across the board. AI may still be one of the clearest main themes in the market.

①TSMC's stock in the US surged nearly 10%, closing at a record high of $205 per share. TSMC previously announced its third-quarter financial report, with all indicators stronger than expected, and also raised its performance guidance. ②Guosheng Securities' research report pointed out that AI computing power is still one of the clearest main themes in the market in the present and even in the next two to three years, and the trend of industrial development has already taken shape.

cls.cnOct 17 19:47 ET

Huasheng Lithium Battery plans to invest about 40 million yuan in Purcell to strengthen silicon-carbon anode materials.

①Hua Sheng Lithium focuses on anode material as a new growth point, with the first phase of the 0.2 million tons per year low-energy high-performance lithium battery anode material project currently under construction, and silicon-carbon composite anode materials have been sent to customers for sampling. ②Currently, several anode material companies have seen a quarter-on-quarter increase in net income attributable to the parent company in the second quarter. Compared to other lithium battery materials, the clearance of anode materials may start earlier.

cls.cnSep 24 12:17 ET