The A-share market saw a significant rise in the photovoltaic equipment sector today, with notable increases in stock prices. Jinlang Technology surged by over 6%, while Sun Power experienced a rise of more than 4%. Other companies such as Trina Solar, Poly Materials, and Shangneng Electric also saw increases exceeding 3%, and Junda Co., DeYe Co., and Flaite all rose by more than 1%.
The increase in stock prices is attributed to a surge in demand within the photovoltaic sector, which has created a mismatch between supply and demand. Some distributors have reported that they have been forced to cancel orders due to insufficient supply from component manufacturers. Currently, distributors are focusing all their efforts on meeting the installation deadlines of 430 and 531, which has led to a rush in installations.
Analysts believe that the photovoltaic industry is now placing unprecedented emphasis on capacity control, which should help alleviate the issue of product oversupply. Notably, May 31 of this year marks a significant deadline for new photovoltaic projects entering the market. This has led to a wave of installations in the distributed photovoltaic market, thereby significantly increasing the demand for components.
