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"Anti-Involution" Efforts Show Preliminary Results, Industry Chain Prices Stabilize and Recover
In the face of significant challenges, the Chinese PV industry has not descended into disorder. Since 2025, a crucial industry-wide initiative centered on "anti-involution" (fighting cutthroat, value-destroying competition) has been deeply implemented under government guidance and industry association leadership. Its core objectives are to reverse the widespread losses across the sector through production capacity self-discipline, phasing out backward capacity, and promoting mergers and recombination.
These efforts have now yielded substantive progress. Industry data indicates that spot prices for polysilicon have recovered significantly from the historical lows seen in 2025. More importantly, a capacity integration platform initiated by several leading enterprises has become operational, aiming to address the root cause of "involution-style" rat race from the supply side. As the "anti-involution" campaign continues, prices across the industry chain have largely bottomed out and entered a stabilizing and recovering trajectory, laying a solid foundation for a potential profit recovery across the sector in 2026.
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Shenzhen Shi Haoxiang Solar Battery Co., Ltd.
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