Polysilicon insider: "The headline 'Leading Chengdu holds closed-door meeting to discuss controlling production and supporting prices' is fake news."

On April 13, a closed-door meeting of several leading photovoltaic companies was held in Chengdu to discuss the leaked meeting minutes regarding the forced control of polysilicon production and price support. As a result, the main polysilicon futures contract rose by the daily limit in the afternoon, Tongwei Holdings briefly hit the limit up, and Daqo New Energy surged nearly 12% at its peak. An insider from one of the rumored companies responded to Pengpai News that this was fake news. According to market price quoting agencies, it is understood that the prices of polysilicon from some of the companies involved in the rumors have not changed, and the overall atmosphere in the spot market remains weak.