[PV Glass Production Cut Plan Confirmed Again]
Recently, a PV glass enterprise meeting was held, at which the glass enterprises reached a consensus on collective production cuts going forward. Based on information from various sources, SMM estimates that the production cuts negotiated at the meeting amount to about 8,000 mt/day, involving more than five enterprises. However, the specific timing for the production cuts was not finalised. SMM expects the pace of production cuts to vary among enterprises, but it is anticipated that the cuts will be completed as agreed in 2026H2.