Liu Hanyuan of Tongwei Group: The fastest way to eliminate excessive internal competition is to promote the implementation of polycrystalline silicon production capacity integration solutions.

On November 18, 2025, during the 8th China International Photovoltaic and Energy Storage Industry Conference, Liu Hanyuan, Chairman of the Board of Directors of Tongwei Group, stated in his speech that the top five polysilicon companies in China have a global market share close to 80%, holding the discourse power of the core raw materials in the photovoltaic industry chain. By promoting the implementation of optimization and integration solutions for polysilicon production capacity, the current overly competitive situation will be broken at the smallest cost and fastest speed, further establishing China's leading position in the global photovoltaic industry. Liu Hanyuan believes that as long as regulatory measures play a good role in controlling the faucet in the silicon material section and appropriately adjust the tight balance during price downturns, it will drive the backend silicon wafer, cell, and module products to achieve a new balance, effectively restoring the market prices of products in each section above the cost line. When prices return to a reasonable level, and supply begins to tighten, appropriately increasing the level of silicon material production can expand supply, effectively suppress market price fluctuations, and drive the entire industry to achieve healthy and benign development next year. Simultaneously, with the support of relevant macroeconomic control measures, the entire Chinese photovoltaic industry will maintain high-quality development for 10, 20, or even longer years.