**SMM Analysis: Slight Decline in November Module Production Schedules as Enterprises Face the Dilemma of Shipment and Loss Pressures**
According to SMM statistical data, China's photovoltaic module production in October increased month-on-month compared to September. In October, the operating rate of Chinese enterprises for modules was 55%, with production increasing by 4.2% month-on-month. As we enter November, China's photovoltaic module production is expected to decrease slightly on a month-on-month basis. In November, the operating rate of Chinese enterprises for modules is 54.68%, with scheduled production decreasing by 0.6% month-on-month.
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