XINTE ENERGY (01799) shares are soaring 5.03% in the pre-market trading session on Monday, as investors react positively to recent developments in China's solar industry. The surge comes amid reports of significant progress in anti-internal competition measures and the formation of a industry consortium, which are expected to benefit solar companies like XINTE ENERGY.

According to recent news, China's solar industry is undergoing a transformation from price competition to innovation-driven high-quality development. A consortium of 17 major companies is set to be established within the year, focusing on addressing critical supply-side issues, particularly in the polysilicon sector. This move is part of broader efforts to regulate competition and steer the sector toward healthy and sustainable development.

The implementation of anti-internal competition policies has already shown positive results, with product prices demonstrating significant recovery. In the third quarter of 2025, the polysilicon industry began raising prices under the "no sales below cost" regulation, gradually restoring profitability above comprehensive cost levels. This trend is likely to benefit XINTE ENERGY, a key player in the solar energy sector.

Analysts from Shenwan Hongyuan highlight that the market is focusing on solar supply-side reform, particularly the establishment of a joint platform. The consortium aims to address issues such as capacity coordination, quality grading, and voluntary production cuts to curb disorderly expansion. As XINTE ENERGY is mentioned among the related Hong Kong-listed solar industry stocks, investors appear optimistic about the company's potential to benefit from these industry-wide improvements.