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Supply-Demand Mismatch and Shrinking Demand: China's Three Major Photovoltaic Companies Are Expected to Suffer Losses Exceeding 10 Billion Yuan.
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Chinese photovoltaic companies are expected to suffer losses of nearly 16.8 billion yuan in the first half of this year. The photo shows the Kubuqi photovoltaic desertification control project near Ordos, Inner Mongolia, China, on August 11, 2025, with numerous solar panels spread across the sand dunes. (Pedro Pardo/AFP via Getty Images)
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