Solar stocks gained ground during trading sessions. As of press time, XINYI SOLAR (00968) rose 5.03% to HK$3.34; GCL TECH (03800) increased 2.52% to HK$1.22; XINTE ENERGY (01799) climbed 1.34% to HK$6.8; and FLAT GLASS (06865) advanced 0.87% to HK$10.47.

On the news front, reports indicate that some solar glass companies have begun quoting prices for September new orders. The benchmark price for 2.0mm single-layer coated panels has reportedly been raised to 13 yuan per square meter by certain companies, representing a 2 yuan per square meter increase from July's new order prices. A FLAT GLASS staff member confirmed over the phone that solar glass pricing is typically negotiated monthly, and September new order pricing is still under discussion with clients.

CICC noted that the Ministry of Industry and Information Technology and other departments jointly convened a solar industry symposium to deploy further standardization of solar industry competition order. The meeting reiterated consistent themes including capacity, pricing, and quality issues. Market expectations focus on whether module prices can increase and transmit upstream price rises. Recent bidding prices from China Resources' 3GW and Huadian's 20GW projects were both higher than previous market levels.

However, overall downstream price increases remain relatively modest. Industry-wide silicon material inventory stands at approximately 500,000 tons and continues to accumulate. The market will need to monitor pricing developments and transaction volumes across all segments of the supply chain going forward.