On January 13, CECEP Solar Energy Co., Ltd. issued a voluntary information disclosure announcement regarding the receipt of national renewable energy subsidy funds. From January 1, 2025, to December 31, 2025, the company's subsidiary photovoltaic power generation project companies collectively received renewable energy subsidy funds totaling 33.18 billion yuan, representing a year-on-year increase of 142.90%. Among these, national renewable energy subsidy funds amounted to 31.52 billion yuan, marking a year-on-year increase of 155.64%.

PriceSeek Analysis on Polysilicon, Bull-Bear Score: 2
The article indicates that CECEP Solar Energy Co., Ltd.'s photovoltaic power generation subsidy funds surged by 142.90% year-on-year in 2025. This directly stimulates the expansion of the photovoltaic industry, increases spot demand for polysilicon, and drives up prices. Simultaneously, combined with the steady upward trend of the recent main contracts in the polysilicon futures market (such as the main continuous contract), the news reinforces market expectations of a supply shortage, further benefiting futures prices. It is anticipated that the market will exhibit a strong bullish bias in the short term. The score reflects a significant positive impact (+2), stemming from the substantial increase in subsidies, which directly affects the upstream photovoltaic industry chain and is expected to significantly boost the overall polysilicon market.