TONGWEI CO.,LTD(600438)2024-12-03 08:42Group 1: Company Operations and Production - The Baotou 200,000-ton high-purity silicon project began trial operation in October, achieving full production by the last week of November [3] - The company is considering production adjustments due to rising electricity prices and is researching reduction plans based on market conditions [3] - The company aims to dynamically adjust production arrangements according to the most economical production configuration [3] Group 2: Market Conditions and Pricing - The short-term outlook for polysilicon prices is stable, with limited downward space, as the market is expected to enter a destocking phase [3] - The export tax rate for batteries and components has been reduced from 13% to 9%, which may increase short-term costs but could promote exports in the long term [4] - The current bidding prices for domestic ground power station components are stable at 0.68 CNY/W, with the final component cost estimated at 0.69 CNY/W [5] Group 3: Industry Trends and Challenges - The photovoltaic industry is experiencing severe competition, with supply exceeding demand, prompting discussions on self-regulation and potential policy changes to guide healthy development [5] - The company is monitoring the impact of structural price increases in battery prices due to export tax adjustments and supply tightness [6] - The company plans to set shipping targets for silicon materials, batteries, and components for 2025 based on internal and external market factors [5]