Recently, the photovoltaic sector has strengthened. Since November, the PV equipment index has accumulated a cumulative increase of more than 16%, outperforming the Shanghai Composite Index by a large margin. Looking at individual companies, all 15 photovoltaic equipment companies have accumulated increases of more than 20% since November, including Betley, Ainengju, and Shichuang Energy. Judging from changes in financing balances, there are 17 photovoltaic equipment companies that have recently increased their financing balance compared to the end of last year. Of these, 15 have increased by more than 10%. Laplace, Shouhang Xinneng, Aixu Co., Ltd., and TCL Central have the highest increases. Judging from market performance, as of November 6, the 15 companies mentioned above had an average decline of more than 8% since this year. Those that bucked the trend include Tyre Laser, Laplace, and TCL Central.

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