The main reason for the lower limit is that during this period, the quotation of silicon wafers was not as good as expected, and there was a trend of upstream production capacity expansion. Therefore, investors were not optimistic about the future profits of photovoltaic companies, so they sold one after another, causing Longi's stock to plummet.

According to media reports, the photovoltaic giant LONGi, which was sold at a high price last year, has recently dropped to its limit. Many investors were quite surprised.

Originally, under the background of carbon neutrality, the development of the photovoltaic industry, as an important clean energy source, should be stimulated. However, as the industry leader, LONGi has now experienced a sharp decline. Several other large photovoltaic companies have also seen their stock prices decline.

A significant decline.

Some analysts pointed out that the stock price rise on the eve of the eve has exhausted all expectations. During this period, the silicon wafer quotations of photovoltaic companies have fallen. Some second-tier small and medium-sized enterprises have continued to quote low prices due to the pressure brought by production expansion.

This has directly lowered the profits of the entire photovoltaic industry, and since last year, the industry has begun to significantly expand production. Therefore, many investors are worried that in the context of declining quotations, the photovoltaic industry may have overcapacity in the future.

However, some optimistic investors said that in the long run, the photovoltaic industry must have growth potential, but in the short term, some small companies may have price wars, but these phenomena will have little impact on large companies like LONGi and will not change.

Its industry leading position.

Reference material: Also faced with rising prices in the industry chain, the reasons for the difference in quotations from first-tier and second-tier manufacturers come from many aspects.

First, second-tier companies hope to seize market share at low prices, but first-tier manufacturers do not recognize this approach and even think it is "chronic suicide" by second-tier manufacturers.

In addition, because second-tier companies account for a small proportion of overseas business, they also need to lock in the domestic market through low prices.

After the price war started, first-tier manufacturers finally began to reduce production in order to maintain prices and profits. In the future, the photovoltaic industry may fall into a negative boom for some time.

Regarding whether prices in the industry chain will go down, some people in the industry said that due to the rapid rise in upstream prices, some first-line battery and component manufacturers have stopped production and work. On the one hand, it is because of procurement difficulties, and on the other hand, it is not profitable due to high costs; compared to

Under this situation, some small component factories are completely unable to do so because they cannot even purchase raw materials such as batteries and glass.