--- title: "Photovoltaic stocks surged in the closing hours! Is the polysilicon storage platform really coming?" type: "News" locale: "en" url: "https://longbridge.com/en/news/269070312.md" description: "According to the Securities Times citing informed sources, the long-anticipated polysilicon capacity integration acquisition platform \"Beijing Guanghe Qiancheng\" has been established, with a registered capital of 3 billion yuan. Although this news has not been officially confirmed, it significantly boosts market expectations for supply optimization, driving the photovoltaic sector to surge in the closing hours. The storage plan is jointly initiated by leading companies, aiming to eliminate backward capacity and alleviate vicious competition in the industry, but specific details and business information have not yet been disclosed" datetime: "2025-12-09T10:29:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269070312.md) - [en](https://longbridge.com/en/news/269070312.md) - [zh-HK](https://longbridge.com/zh-HK/news/269070312.md) --- # Photovoltaic stocks surged in the closing hours! Is the polysilicon storage platform really coming? Driven by market news that a platform for the consolidation and acquisition of the polysilicon industry has been established, investor expectations for supply-side centralization have intensified. Under this sentiment catalyst, the photovoltaic sector experienced a rapid surge in the late trading session. As of the close on December 9, the Photovoltaic 50 ETF rose by 0.49%. In terms of individual stocks, leading stock Tongwei Co., Ltd. turned from decline to rise during the session, rebounding from a drop of around 2% to a peak increase of over 3%; CLENERGY hit the daily limit, Tuori New Energy rose nearly 5%, and Daqo Energy increased by 6%. According to a report by Securities Times, **the long-awaited polysilicon capacity consolidation and acquisition platform in the industry was officially established today**, named Beijing Guanghe Qiancheng Technology Co., Ltd., with a registered capital of 3 billion yuan, located in Chaoyang District, Beijing. **This news has attracted attention in the photovoltaic industry and is seen as the latest development in the long-anticipated polysilicon storage plan.** According to insiders cited by Securities Times, Guanghe Qiancheng's main business is to explore potential strategic cooperation opportunities for major enterprises in the industry, such as technology upgrades, market expansion, capacity and cost optimization, etc. **However, industry insiders did not directly respond to whether the company is the entity of the "polysilicon capacity consolidation and acquisition platform."** However, the company's business registration information has not yet been found on official channels; the National Enterprise Credit Information Publicity System or platforms like Tianyancha have not yielded any information regarding "Beijing Guanghe Qiancheng Technology Co., Ltd." Previously, the photovoltaic industry experienced fluctuations due to rumors related to the storage platform. In November of this year, market rumors claimed that the storage platform was rejected, leading to a sharp decline in the photovoltaic sector, with the Photovoltaic 50 ETF experiencing a significant drop, prompting the China Photovoltaic Industry Association to urgently refute the rumors. ## The polysilicon storage plan has been brewing for a long time According to previous reports by Shanghai Securities News, against the backdrop of "anti-involution" in the photovoltaic sector, leading polysilicon companies are planning to form a consortium to eliminate some capacity and settle accumulated debts in the industry. This plan is referred to in the industry as "polysilicon storage" or "polysilicon capacity consolidation and acquisition." In October this year, Zhu Gongshan, chairman of GCL-Poly Energy Holdings Limited, revealed in a public program that leading photovoltaic companies in China have reached a consensus on joint capacity storage. He stated that 17 leading companies have basically signed agreements and are in the process of forming a consortium, aiming to complete it within the year. According to sources close to the polysilicon storage matter, the total investment from all parties may range from 20 billion to 30 billion yuan, while the total funds required for capacity storage will exceed this amount. The source indicated that the parties have reached a consensus on the principal terms, but details still need to be finalized. ## Capacity Integration Faces Industry Pressure The photovoltaic industry is currently facing severe overcapacity and price war pressures. Liu Yiyang, executive secretary-general of the China Photovoltaic Industry Association, previously stated in a social media post that efforts are being made under the guidance of relevant ministries to promote industry self-discipline and "anti-involution" work, jointly addressing supply and demand to promote the orderly exit of backward capacity in a market-oriented and legal manner. According to Shanghai Securities Journal, industry insiders have indicated that the amount of capacity to be retained may be less than market expectations. The agreed content includes how much capacity to retain, valuation principles, and subsequent arrangements for production and sales, but specific figures cannot be disclosed. Currently, photovoltaic companies are seeking to break out of the vicious competition predicament through capacity integration. Industry consensus suggests that joint storage of backward capacity by leading companies is expected to alleviate the supply-demand imbalance in the industry and improve corporate profitability ### Related Stocks - [600438.CN](https://longbridge.com/en/quote/600438.CN.md) - [603628.CN](https://longbridge.com/en/quote/603628.CN.md) - [688303.CN](https://longbridge.com/en/quote/688303.CN.md) ## Related News & Research - [05:20 ETThrough the America's Most Artistic Kid Competition, Colossal Raises $1.6 Million While Celebrating the Next Gen of Creative Visionaries](https://longbridge.com/en/news/287037755.md) - [UBS trims silver outlook as 2026 supply deficit narrows](https://longbridge.com/en/news/286488323.md) - [13:41 ETUT Haslam Marks Decade in Major International Ranking's Top Five U.S. Public Schools](https://longbridge.com/en/news/286804132.md) - [Nuclear reactor developer Deep Fission eyes $1.66 billion valuation in US IPO](https://longbridge.com/en/news/287062992.md) - [Always-on fraud checks cut Suncoast's losses by a third](https://longbridge.com/en/news/286815368.md)