Tongwei, GCL and Other Photovoltaic Firms Hold Closed-Door Meeting in Hangzhou to Combat 'Involution'

On October 11, leading domestic photovoltaic companies including Tongwei and GCL held a closed-door meeting in Hangzhou to advance industry initiatives against 'involution.' The meeting established plans for capacity restrictions, proposing market-based adjustment mechanisms that will enable enterprises to autonomously manage production based on total market demand while actively curbing their own output. Clear price floors were also set for the polysilicon and module segments.