The China Photovoltaic Industry Association has announced that Beijing Guanghe Qiancheng Technology Co., Ltd. has recently finalized its registration, marking the official launch of the “Polysilicon Capacity Integration and Acquisition Platform” for the photovoltaic sector. This platform, jointly guided by regulatory bodies and initiated by several industry-leading companies, embodies an innovative approach to industrial management. It is widely regarded as a pivotal solution to curb the cutthroat and detrimental competition prevalent in the photovoltaic industry. The platform is set to implement a dual-track strategy encompassing “debt-assumption acquisition” and “flexible mothballing for capacity reduction” to tackle the industry's challenges effectively.
