[SMM PV] PV Stocks Pulled Back Collectively, Enterprise Quotes Continued to Decline

Published: Apr 22, 2026 16:22

Source: Zhitong Financial

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Zhitong Finance learned that PV stocks pulled back collectively. As of 14:16 on the afternoon of April 22, Junda Technology (02865) fell 4.63% to HK$32.52; Xinyi Solar (00968) fell 4.4% to HK$3.04; Xinyi Glass (00868) fell 2.54% to HK$9.6; Flat Glass (06865) fell 1.28% to HK$10.04.

CICC issued a report stating that multiple government departments recently reiterated anti-involution measures for the PV industry. The PV glass sector reacted more significantly because there were enterprises in the market quoting ultra-low prices to ensure cash flow turnover. According to SCI data, the current quoted price for 2.0mm glass was 9.2-9.8 yuan/m², with the midpoint continuing to trend downward, and some enterprises had quoted prices as low as 9 yuan/m². If price enforcement and quality supervision were carried out in accordance with the meeting requirements, it would effectively safeguard the interests of enterprises that comply with market rules.

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