Leading companies in the photovoltaic industry reduce losses, with the silicon material segment recovering first

The disclosure of the third quarter report for 2025 has concluded, and the "report cards" for various manufacturers in the photovoltaic industry for the third quarter have all been released. Against the backdrop of deepening "anti-involution" measures, leading manufacturers represented by LONGi and TRINA SOLAR have all achieved varying degrees of reduced losses. From the performance of various links in the industrial chain, the recovery trend in the silicon material segment is particularly significant, with GCL TECH and Daqo Energy successfully turning losses into profits, and Tongwei Co., Ltd. also significantly narrowing its losses. However, from the overall industry landscape, many photovoltaic companies are still in a state of loss, and the performance differentiation is evident. Industry experts indicate that corporate self-discipline is particularly crucial at this stage, and key enterprises should adhere to self-discipline in production limits to maintain supply-demand balance, while continuing to operate at low loads and low profits in 2026; at the same time, effectively boosting demand is also a core key point to reversing the current predicament of the industry