---
title: "All industry self-regulation promoted by the China Photovoltaic Industry Association has been completely halted!"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/271929401.md"
description: "The industry self-regulation efforts promoted by the China Photovoltaic Industry Association have been completely halted by the State Administration for Market Regulation. The meeting pointed out that since July 2025, multiple reports within the industry have involved promoting the price increase of polysilicon under the guise of self-regulation, with companies signing commitment letters and establishing platform companies to control the market. The regulatory bureau requires the association and companies to submit rectification measures by January 20, prohibiting the communication of agreed production capacity, prices, and other information, and establishing internal anti-monopoly rules and regulations"
datetime: "2026-01-08T12:10:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271929401.md)
  - [en](https://longbridge.com/en/news/271929401.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271929401.md)
generator: "portal-rs"
---

# All industry self-regulation promoted by the China Photovoltaic Industry Association has been completely halted!

**Last night, GanTanHao received a meeting minutes from the State Administration for Market Regulation that halted self-regulatory work in the photovoltaic industry, sent by multiple individuals. Today, GanTanHao verified with several authoritative figures that this matter is true!**

The content of the minutes is as follows:

> **Meeting minutes of the interview held on January 6 at 14:30 in Beijing with the State Administration for Market Regulation**
> 
> **Participating units in the interview:** China Photovoltaic Industry Association, Tongwei Group, Xiexin Technology, Daqo Energy, New Special Energy, Asia Silicon (Red Lion), Dongfang Hope.
> 
> Main content of the meeting:
> 
> **1\. Antitrust notification regarding monopoly risks**
> 
> 1.  It was reported that since July 2025, there have been multiple reports in the market, under the guise of industry self-regulation, promoting the price increase of polysilicon.
> 
> 2.  Companies signed commitment letters, formulated industry integration plans, and established a platform company on December 9. The platform company decides on dynamic adjustments based on demand to achieve a balance between production and sales.
> 
> **The above actions nominally adjust production capacity but actually control production and sales volume, dividing the market according to investment ratios and squeezing downstream space.**
> 
> 1.  **Multiple prior reminders emphasized the need to comply with laws and regulations, but the association did not report the progress to the administration.**
> 
> **2\. Clear rectification opinions proposed regarding antitrust issues**
> 
> 1.  For the behaviors already undertaken, a comprehensive review is required, along with a complete situation explanation. **Systematic organization of investment agreements, company articles of association, equity acquisition agreements, memorandums, commitment letters, and meeting minutes must be provided.**
> 
> 2.  The association and enterprises are required to formulate rectification plans:
> 
> **① No agreements on production capacity, capacity utilization rates, production and sales volumes, or sales prices;**
> 
> **② No market division, production allocation, or profit distribution in any form based on investment ratios;**
> 
> **③ No communication or coordination regarding price, cost, production, and sales volume information currently or in the future.**
> 
> 1.  The association and enterprises should effectively establish internal antitrust regulations, conduct self-examinations of risks, and take necessary measures to avoid such situations.
> 
> **4\. Written rectification measures must be submitted to the State Administration for Market Regulation by January 20.**
> 
> **3\. Liu Jian, Deputy Director of the Antitrust Division, emphasized the need for enterprises to carry out rectification work**
> 
> 1.  There must be a high level of awareness; this interview action must leave a trace. It was also mentioned that **central leaders are aware and concerned;**
> 
> 2.  There needs to be a re-examination of understanding; **production limits and price increases will generate more public opinion.**
> 
> Normal antitrust work is a post-event inspection; this time we provided a warning in advance. **If antitrust violations still exist later, legal enforcement will be initiated.**
> 
> 1.  Actions are more important than statements; effectively standardize behaviors to form rectification plans, and conduct checks if necessary, with penalties for inadequate rectification.

GanTanHao is synchronizing the relevant information currently available:

Authoritative figures have confirmed to GanTanHao that the content of the above minutes is an objective and true record of the meeting, with no alterations, distortions, or exaggerations. Additionally, due to the sensitivity of some content at the meeting, it was not fully presented in the above minutes As for the situation of this internal meeting, why did it spread quickly? Relevant individuals speculate that the participating companies hope to let the industry and society know the specific progress of the "anti-involution" work.

**The following three opinions from the State Administration for Market Regulation essentially deny all anti-involution efforts promoted by the Chinese photovoltaic industry since October 2024:**

① No agreements on production capacity, capacity utilization rate, production and sales volume, and sales prices;

② No market division, production allocation, or profit distribution in any form through investment ratios;

③ No communication or coordination on information regarding prices, costs, and production and sales volumes currently or in the future.

Informed sources revealed to GanTanHao that **all monthly meetings convened by the association for the photovoltaic industry's anti-involution efforts have been canceled until the rectification is completed. Additionally, all self-regulatory behaviors related to production limits and price limits that have been reached are now suspended.**

What does this mean? The market has provided an answer.

Today, the main contract for polysilicon is firmly locked on the limit down. This afternoon, there were rumors in the market that the trading variety of polysilicon futures would be canceled. GanTanHao verified with reliable sources that this rumor is untrue.

The individual also expressed a puzzling question to GanTanHao: is anti-involution more important now, or is anti-monopoly more important? Additionally, he pointed out that some practices of the Japanese industry association in promoting industry self-discipline are worth learning from.

Japan's "Antimonopoly Act" establishes **statutory exemptions** and **administrative approval exemptions** as two major mechanisms, **providing a compliance path for specific industry self-regulatory behaviors.**

GanTanHao reviewed relevant examples as follows:

1.  Statutory exemption system

**2\. Administrative approval exemption mechanism**

The Japan Fair Trade Commission (JFTC) can grant temporary exemptions for industry collaborative behaviors that meet public interest through a prior declaration + review and approval process. The core conditions include:

-   No harm to consumer interests
-   Improvement of overall economic efficiency
-   No substantial effect of excluding or restricting competition
-   Clear time limits and supervision mechanisms

These points are key. If an exemption is sought, the above four points need to be substantiated by the China Photovoltaic Industry Association and major enterprises.

A typical exemption case is the capacity reduction in Japan's cement industry (1980s-1990s). After the bubble economy, demand sharply decreased, and capacity utilization dropped below 60%, leading to losses across the industry.

The compliance path at that time was:

1.  Industry association application → Ministry of Economy, Trade and Industry recognized as "specific depressed industry" → JFTC approved the capacity adjustment plan;

2.  Establish unified capacity reduction standards (based on enterprise scale ratio) and clarify the list of abandoned/frozen capacities;

3.  Set up a third-party supervisory agency to verify the authenticity of capacity data and prevent enterprises from "performing one way and acting another";

4.  The government provides financial subsidies to support equipment scrapping, and enterprises receive tax reductions.

The key compliance points are as follows:

-   Completely government-led, with the association only responsible for coordinating execution, avoiding price manipulation under the guise of "industry autonomy";
-   Decoupling capacity adjustment from pricing, prohibiting any form of price agreements;
-   Open and transparent: all capacity data, reduction plans, and subsidy amounts are publicly disclosed.

Risk Warning and Disclaimer

The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**