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Eight major polysilicon producers in China pledge to avoid below-cost sales amid ‘anti-involution’ push_我的网站
一 |
Eight Chinese leading polysilicon producers have issued public pledges to stop selling solar products below a cost benchmark, in a fresh industry effort to curb "involution-style" competition and support healthier pricing in the country's photovoltaic supply chain, the Shanghai Securities Journal reported on Friday.
Industry experts said that this move will not only help stabilize profits across the sector, but also promote the Chinese photovoltaics (PV) industry's shift toward high-quality development.
The eight companies jointly committed that the selling prices of all photovoltaic products, including tender bids, must not fall below the corresponding cost calculated under the group standard General Principles for Cost Accounting Models in the Photovoltaic Industry. Any sales below full cost must be "immediately stopped and corrected," according to the report.
The pledge was signed in Shanghai on Thursday by the companies, including four listed companies — Tongwei Solar Co, GCL Technology Holdings Limited, Daqo New Energy Co, Xinte Energy Co. The other four companies are Asia Silicon (Qinghai) Co, Xinjiang East Hope New Energy Co, Qinghai Lihao Qingneng Co, and Xinjiang Goens Energy Technology Co.
Together, the eight companies account for more than 90 percent of China's effective polysilicon production capacity, the Shanghai Securities Journal report said.
Under the initiative, the companies also agreed to accept supervision and inspections from market regulators at all levels and to strengthen mutual oversight. If they discover illegal below-cost sales, they are required to report the issue and file complaints with the industry association and the State Administration for Market Regulation (SAMR).
In addition, the firms committed to strictly implementing China's new energy-consumption standards and to proactively eliminate outdated, high-energy-consuming production capacity.
The move comes just one week after the SAMR held a solar industry price-compliance meeting on July 31, urging solar PV companies to strengthen price compliance and shift competition from price to quality.
It instructed companies to strengthen cost accounting, establish and improve price compliance systems, and carry out comprehensive self-inspections and corrective actions, according to the Xinhua News Agency.
Industry experts welcomed the initiative, saying that years of excessive competition have pushed many photovoltaic firms into losses, which is harmful to the industry's long-term development.
China's PV industry is mired in severe low-price competition, with profit margins squeezed along the entire value chain and many firms operating at a loss, Xiang Ligang, director-general of the Zhongguancun Modern Information Consumer Application Industry Technology Alliance, told the Global Times on Friday.
Xiang added that the initiative could help ensure more reasonable revenue and profit levels, which are essential for sustainable industrial development. The move also reflects a broader shift among Chinese firms toward greater coordination in responding to market pressures.
Although the industry also faces external challenges, including US tariffs on polysilicon-related products, Xiang said the main purpose of the initiative is to improve the sector's own development model rather than simply respond to foreign trade measures.
China has launched sweeping efforts to curb "involution-style" low-price competition and accelerate the phase-out of outdated industrial capacity. China's Ministry of Industry and Information Technology on July 3 held a symposium for manufacturing enterprises, focusing on accelerating the high-quality development of the photovoltaics industry, according to the Xinhua News Agency.
The symposium called for efforts to comprehensively deal with the problem of disorderly price competition in the photovoltaics industry in accordance with laws and regulations, as well as efforts to guide enterprises to improve product quality, phase out backward production capacities in an orderly manner and achieve healthy and sustainable development, Xinhua reported.
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二 | PARIS -- The Louvre Museum in Paris and Versailles Palace evacuated visitors and staff Saturday after receiving bomb threats. The government has put France on high security alert after a fatal school stabbing by a suspected extremist.The Louvre communication service said no one was hurt and no incident was reported. Paris police said officers searched the museum after it received written bomb threats.The former royal palace at Versailles also received bomb threats, a national police spokesperson said. The palace and its sprawling gardens were being evacuated while police examine the area, the spokesperson said.Alarms rang out through the Louvre, a vast space also in a former royal palace Paris overlooking the Seine River, when the evacuation was announced, and in the underground shopping center beneath its signature pyramid.Police cordoned off the monument from all sides, and the underground access, as tourists and other visitors streamed out. Videos posted online showed people leaving, some hurriedly and some stopping to take photos, others apparently confused about what was happening.The French government raised the threat alert level and is deploying 7,000 troops to increase security after Friday's school attack. French authorities say a former student suspected of Islamic radicalization killed a teacher and wounded three other people before being captured.The government is also concerned about fallout in France from the war between Israel and Hamas.The Louvre, home to masterpieces such as the Mona Lisa, welcomes between 30,000 and 40,000 visitors per day.。
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