信義光能漲5% 協鑫彈一成 兩部委指依法治理光伏等產品低價競爭
國家工信部、市場監督管理總局指依法治理光伏等產品低價競爭、引導地方有序佈局光伏、鋰電池產業。光伏、鋰電池板塊今早造好,協鑫科技(03800.HK)今早高開2.3%後升幅擴大,盤中高見1.47元一度彈高12.2%,最新報1.45元上揚10.7%,成交額14.48億元。協鑫新能源(00451.HK)揚13.3%。
信義光能(00968.HK)上揚5.2%報3.63元、福萊特玻璃(06865.HK)抽高8%報12.09元、新特能源(01799.HK)飆13.5%。
國家工信部、市場監督管理總局印發《電子資訊製造業2025-2026年穩增長行動方案》,方案指出,在破除「內捲式」競爭中實現光伏等領域高質量發展,依法治理光伏等產品低價競爭。引導地方有序佈局光伏、鋰電池產業,指導地方梳理產能情況。
《方案》提及,實施光伏組件、鋰電池產品質量管理,深入落實《光伏製造行業規範條件》等文件,強化與投資、金融、安全等政策聯動,推動行業技術進步。加快研究以強制性國家標準為基礎的儲能電池產品安全推薦目錄。支持協會商會建立行業自律機制,加強重點行業監測預警和風險提示,有序調整產業規模。
開源證券表示,本輪光伏行業反內捲在自上而下引導和行業自律中持續推進。自7月以來相關會議密集召開,8月19日由工信部等六部門聯合召開光伏產業座談會,明確規範行業競爭秩序,強化反內捲決心。當前市場方面已出現積極信號,在多晶矽環節,矽料收儲方案與行業自律同步推進,7月以來成交價持續回暖,9月1日多晶矽報價進一步上調,棒狀矽升至55元人民幣(下同)/公斤,顆粒矽報價49元/公斤。8月25日華潤3GW組件集採項目中標候選人投標價均突破0.7元/瓦,高於當前主流水平。企業經營依然承壓2025年二季度,主產業鏈各環節仍普遍虧損,專業化企業整體業績優於一體化企業。電池組件部分企業經營環比改善,但整體仍未擺脫虧損。矽料、矽片環節持續深度虧損,各家企業淨利率均超-10%。輔材環節盈利表現優於主鏈,多數企業實現不虧或微利。各細分領域市佔率領先的龍頭企業,具備更強議價能力和盈利能力。光伏反內捲高層支持、方向明晰,已取得階段性進展,隨著需求側價格傳導機制逐步暢通,以及供給側矽料收儲計劃穩步推進,行業供需結構有望迎來實質性改善。
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