Exclusive: Top China polysilicon firms plan to shut a third of production capacity, set OPEC-style output quotas, GCL says
独家：协鑫称中国头部多晶硅企业计划关停三分之一产能 拟设定欧佩克式产量配额

BEIJING, July 31 (Reuters) - Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan ($7 billion) fund to acquire and shut down roughly a third of production capacity and restructure part of the loss-making sector, GCL Technology Holdings (3800.HK), opens new tab said.
北京 7 月 31 日（路透社） - 保利协鑫科技控股有限公司(3800.HK)表示，中国太阳能电池板关键材料多晶硅的生产商正在商讨成立一个 500 亿元人民币（70 亿美元）的基金，用于收购并关停约三分之一产能，以重组这个部分亏损的行业。

The top polysilicon producer told Reuters on Thursday plans were being discussed to acquire and shut at least 1 million metric tons of lower-quality polysilicon capacity.
这家顶级多晶硅生产商周四告诉路透社，目前正在讨论收购并关停至少 100 万吨低质量多晶硅产能的计划。

"It is sort of like the OPEC of polysilicon industry, wherein total supply for a specified timeframe has to be agreed by the central committee and production quotas to be allocated to producers," GCL's investor relations director Jun Zhu said.
"这有点像多晶硅行业的欧佩克，特定时间段内的总供应量需经中央委员会同意，并向生产商分配产量配额，"保利协鑫投资者关系总监朱军表示。

The plan is one of the strongest signals yet that the heightened rhetoric against overcapacity rolled out by the government this month is translating into action. Chinese industry, from solar to electric vehicles, is grappling with massive overcapacity and vicious price wars that are wiping out profits.
该计划是最强烈的信号之一，表明政府本月针对产能过剩的强硬表态正在转化为实际行动。从光伏到电动汽车，中国各行业正面临严重产能过剩和侵蚀利润的恶性价格战。

GCL Chairman Zhu Gongshan said at an industry conference in June that major firms were working to restructure the industry, while local media reported producers were in talks to create an acquisition fund. Reuters is reporting the size, scope and timing of the plan for the first time.
协鑫集团董事长朱共山在 6 月的行业会议上表示，主要企业正致力于重组行业结构，而当地媒体报道称生产商正在商讨成立收购基金。路透社首次披露了该计划的规模、范围和时间表。

State planner the National Development and Reform Commission did not immediately respond to a request for comment.
国家发展和改革委员会未立即回应置评请求。

The proposed closures would leave approximately 2 million tons of capacity remaining in the market, Jun Zhu said.
朱共山表示，拟议的关停计划实施后，市场上将保留约 200 万吨产能。

China's production capacity was 3.25 million tons at the end of 2024, according to figures from consultancy Bernreuter Research, indicating the proposed closures would comprise some 38% of capacity.
根据咨询公司 Bernreuter Research 的数据，截至 2024 年底中国多晶硅产能为 325 万吨，这意味着拟关闭产能约占总量 38%。

President Xi Jinping in early July called for an end to "disorderly price competition," and three days later the industry ministry pledged to calm price wars and retire outdated production capacity during a meeting with solar industry executives.
国家主席习近平 7 月初呼吁遏制"无序价格竞争"，三天后工信部在光伏行业座谈会上承诺将平息价格战并淘汰落后产能。

This rhetoric, combined with initiatives from various ministries and provincial governments have sent prices of industrial commodities soaring in recent weeks in anticipation of supply side reforms. Polysilicon prices are up nearly 70%.
这种政策表态，加之各部委和地方政府出台的举措，使得市场对供给侧改革的预期升温，近期工业品价格大幅上涨。多晶硅价格已飙升近 70%。

The platform would be launched in the late third quarter of 2025 and would start making purchases in the fourth quarter, both of excess capacity and of market inventories, Jun Zhu said.
朱俊表示，该平台将于 2025 年第三季度末上线，第四季度开始收购过剩产能和市场库存。

The fund's central committee, tasked to "make sure polysilicon prices fluctuate at a price range beneficial to all stakeholders", would be made up of polysilicon producers, platform creditors, and potentially regulators, he said. ($1=7.15 yuan)
他表示，该基金的核心委员会将由多晶硅生产商、平台债权人以及可能的监管机构组成，其任务是"确保多晶硅价格在有利于所有利益相关方的区间内波动"。（1 美元=7.15 元人民币）