XINTE ENERGY (01799.HK) saw its stock price surge by 8.49% during Thursday's trading session, as solar stocks across Hong Kong experienced a significant rally. The company's shares reached HK$8.58, reflecting growing investor optimism in the solar energy sector.

The upward movement comes in the wake of reports that 17 leading solar companies have signed a capacity reserve agreement. This development was confirmed by Zhu Gongshan, Chairman of GCL Group, during a recent economic program on CCTV. The agreement, which involves major players in the industry, is seen as a strategic move to stabilize the market and improve industry dynamics.

Analysts at Shenwan Hongyuan have noted that this joint platform is expected to accelerate supply-side reforms in the solar sector, with polysilicon production remaining central to anti-dumping efforts. The industry has already shown signs of improvement, with polysilicon prices recovering above comprehensive cost levels since Q3 2025, thanks to "no-below-cost sales" regulations. This positive trend, coupled with the new capacity reserve agreement, suggests a potentially more stable and profitable future for companies like XINTE ENERGY in the solar industry.