[SMM PV] Global Climate Changes Impact PV Power Generation: El Niño May Cause Regional Irradiance Deviation Exceeding 10%

On the evening of June 22, Tongwei Co., Ltd. announced that, to support the sustained high-quality development of its wholly-owned subsidiary Tongwei Solar, optimize the asset-liability structure, strengthen capital strength and risk resilience, and enhance asset operation efficiency and overall competitiveness, the company planned to increase capital in Tongwei Solar by 5.06 billion yuan, with the additional amount to be recorded as capital reserve of Tongwei Solar. According to the disclosure, this capital increase is a cash contribution, with the source of funds being self-owned funds and no raised funds involved. After this capital increase, Tongwei Solar remains a wholly-owned subsidiary of the company.

On June 23, Maxwell's self-developed perovskite/silicon HJT tandem cell turnkey equipment was officially delivered to the production base of a domestic new energy enterprise. This marks the successful delivery of the first commercial turnkey order in the tandem technology sector, which will help the client establish a mass production line for 210 half-cell full-area perovskite/silicon HJT tandem cells.

On June 19, 2026, the Turkish Ministry of Trade issued Communiqué No. 2026/10, announcing that, upon application by Turkish producers, it initiated an anti-dumping investigation concerning solar glass (Turkish: solar cam) originating in China, Malaysia, and Vietnam. The dumping investigation period was from October 1, 2024 to September 30, 2025, and the injury investigation period was from January 1, 2022 to September 30, 2025. The products covered are classified under Turkish Customs Tariff Statistics Positions 70.06 and 70.07. The Communiqué entered into force on the date of its publication.