Guotai Junan Securities: The photovoltaic industry is expected to accelerate capacity reduction, and leading companies with technological advantages are expected to benefit.

On July 31st, the Jinshi Data reported that Guotai Securities pointed out that at present, the photovoltaic industry is facing overcapacity and fierce competition. Since the beginning of this year, relevant departments have started to promote capacity reduction in the industry. With the tone set at the heavyweight conference, the photovoltaic industry is expected to accelerate capacity reduction, especially the elimination of backward production capacity, and promote the healthy development of the industry. Leading enterprises with advanced technology are expected to benefit.