The photovoltaic storage platform "walks on two legs" and implements a dual-track operation mode of "debt-based acquisition + flexible storage to reduce production capacity".

Recently, Beijing Guanghai Qiancheng Technology Co., Ltd. was registered and established, and the China Photovoltaic Industry Association confirmed that it is the long-planned "polysilicon production capacity integration and acquisition platform". This industrial governance innovation initiative, jointly guided by relevant supervisory authorities and co-launched by several leading backbone enterprises, is seen within the industry as one of the key actions to break the vicious competition within the photovoltaic industry. The establishment of the acquisition platform at the end of 2025 marked a phased conclusion to the industry's self-discipline and "anti-internal competition". However, the industry still faces many challenges. On one hand, it is expected that domestic solar PV demand will decline for the first time in recent years next year; on the other hand, there is uncertainty as to whether the early rise in silicon material prices will drive a recovery in prices in downstream segments of the industrial chain. In this uncertain background, with the rapid increase in costs of auxiliary materials such as silver paste, the process of turning losses around in downstream battery and component segments will also be delayed. According to the Photovoltaic Association, the storage platform represented by Guanghai Qiancheng plans to adopt a "two-legged" approach, implementing a dual-track operation model of "debt-based acquisition + flexible reserve to suppress production capacity". On the financial relief side, the platform will take on potential debts in the level of hundreds of billions of yuan, helping to resolve crises with banks and suppliers, pushing prices back to a reasonable range, and restoring the entire industry chain's "blood-making" function.