[Supply Side Production Cut Expectations and Disruption Intensify, Silicon Metal Prices Continue Strong]: On the market quotation and transaction side, affected by expectations for month-end production cuts at large plants in Xinjiang, silicon enterprises generally have a strong sentiment to hold prices firm. Their quotes increased WoW, and futures-spot traders also raised their quotes following the rise in futures prices, leaving almost no low-priced supply in the market. The center of suppliers' quotations generally increased, while China's downstream users and users outside China show little willingness to chase price rises. Some downstream users have poor acceptance of high prices and mainly place orders on demand for restocking.

Anhui Huasun Energy Co., Ltd. ("Huasun Energy") recently signed a 100 MW high-efficiency HJT module supply agreement with Air Solution, a subsidiary of the Futex Group, in Lahore, Pakistan. This is the first export order for Huasun's flagship new product, Himalaya PLUS, marking the series' accelerated expansion from the Chinese market to the global stage on the foundation of achieved mass production. The Himalaya PLUS series is Huasun’s flagship product launched at the end of 2025, featuring ultra-large wafers and a negative-gap cell design. The module achieves a screen-to-body ratio of 95.8% and a maximum power output of 760 W. Notably, the series supports 2000 V system voltage, which can significantly reduce BOS costs and LCOE while boosting project internal yield. Since its release, the product has rapidly moved into mass production, completing deliveries in the Chinese market and making its European debut. This Pakistan order represents a major milestone in its expansion outside China, reflecting widespread recognition from global clients of Huasun's HJT technology and product strength.

SNEC 20th (2027) International Solar PV, Smart Energy & Energy Storage & Battery (Shanghai) Conference and Exhibition SNEC 20th (2027) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition 2027 Year 6 Month 2-4 Day National Exhibition and Convention Center (Shanghai), China Songze Avenue, Qingpu District, Shanghai, No. 333 Light, Storage, and Hydrogen Multi-Energy Complementarity and Integrated Development Pre face: The “SNEC 20th (2027) International Solar PV, Smart Energy & Energy Storage & Battery (Shanghai) Conference and Exhibition” (referred to as “SNEC PV Conference & (Shanghai) Exhibition”) will be grandly held in Shanghai, China on June 2-4, 2027. From the 15,000 m² of the first edition in 2007 to over 360,000 m² in 2026, over 2,800 enterprises from 95 countries and regions worldwide participated, with international exhibitors accounting for 30%, and it has become the most influential, international, professional, and large-scale PV event in China, Asia, and globally. The SNEC PV exhibition is the world’s most professional PV exhibition, with exhibits including: PV production equipment, materials, PV cells, PV application products and modules, as well as PV engineering and systems, energy storage, mobile energy, etc., covering every link of the PV industry chain. The SNEC PV forum also features diverse formats, covering future market trend analysis for the PV industry, cooperation and development strategies, policy directions in various countries, cutting-edge industry technologies, PV finance, etc., offering the best opportunity to showcase achievements to the industry. Global industry peers are expected to gather in Shanghai, China, to take the pulse of the solar PV markets in China, Asia, and the world from an industrial perspective and with a problem-oriented approach, jointly leading the path of innovative development in the industry. We hope to meet in Shanghai in June 2026! Schedule: Exhibition Setup: May 30, 2027, 13:30-18:00; May 31 & June 1, 2027, 9:00-20:00 Exhibition: June 2-3, 2027, 09:00-17:00; June 4, 09:00-14:00 Dismantling: June 4, 2027, 14:00-24:00 Exhibits (Category): Solar PV PV Production Equipment: Silicon rod, silicon lumps, and silicon ingot production equipment: complete production lines, casting ingot furnaces, crucibles, growth furnaces, and other related equipment Silicon wafer production equipment: complete production lines, cutting equipment, cleaning equipment, detection equipment, and other related equipment Battery Production Equipment: Complete production lines, etching equipment, cleaning equipment, diffusion furnaces, coating equipment/deposition furnaces, screen printing machines, other furnace equipment, testers and sorters, and other related equipment Panel/Module Production Equipment: Complete production lines, testing equipment, glass cleaning equipment, wiring/welding equipment, lamination equipment, etc. Thin-film Panel Production Equipment: Amorphous silicon cells, Copper Indium Gallium Selenium cells (CIS/CIGS), Cadmium Telluride thin-film cells (CdTe), Dye-sensitized Solar Cells (DSSC) production technology and research equipment PV Cells: PV cell producers, module producers, module installers, agents, dealers and distributors, concentrator cells, etc. PV-related Parts: Batteries, chargers, controllers, converters, recorders, inverters, monitors, mounting systems, tracking systems, solar cables, etc. PV Raw Materials: Polysilicon, silicon ingots/lumps, silicon wafers, encapsulation glass, encapsulation films, and other raw materials PV Application Products: Lighting products, power supply systems, portable chargers, water pumps, solar household products, and other solar products PV Engineering and Systems: PV system integration, solar air conditioning systems, rural PV power generation systems, solar detection and control systems, solar heating system engineering, solar PV project process control and project management and software development systems System Construction Equipment and Safety Protection: Electrical construction equipment, construction vehicles, engineering machinery, maintenance and repair tools, aerial work vehicles/platforms, scaffolding, electrical safety tools, and personal protective equipment Others Solar & Green Building: Solar Thermal Utilization: Solar central hot water systems, household solar water heaters, solar heat pump water heaters, solar thermal collection systems, solar heating systems, solar-thermal and photovoltaic integrated solar products, solar water heater manufacturing equipment, and raw materials and parts for solar water heaters Solar PV and CSP Generation: Grid-connected PV power generation systems, off-grid PV power generation systems, PV-wind hybrid power generation systems, PV transmission and distribution equipment, PV modules and components and equipment, parabolic trough systems, tower systems, dish systems, heat collection tubes, thermal storage equipment and corresponding materials, heat exchange technology and products, high-temperature heat transfer technology and products, and system control Solar Cooling Systems and Equipment: Solar cooling products and systems, air energy products, solar central air conditioning, and ground source heat pump air conditioning Solar Lighting and Building Materials: Solar lawn lights, garden lights, solar street lights and other photoelectric products, solar PV glass, solar roof modules, integrated solar building PV solutions, etc. LED Technology and Products: LED lighting, LED application products, display products/digital signage, parts, modules, kits, etc. Solar Accessories: Solar complementary automatic control devices and instruments, solar pipes and fittings, solar control systems, solar heat pipes, evacuated tube collectors, flat plate collectors, manifold headers, insulation materials, hot and cold water pumps, mounting brackets, PV equipment accessories, batteries, and related production equipment and accessory materials International Energy Storage Technology & Smart Grid Energy Storage Technologies, Equipment and Materials: Compressed air energy storage, pumped hydro storage, superconducting magnetic energy storage, flywheel energy storage, heat/cold storage, hydrogen storage and other energy storage technologies, equipment and materials applicable to plug-in EVs; various batteries (nickel–metal hydride batteries, lithium-ion batteries, lithium polymer batteries, lead-acid batteries, smart batteries, sodium-sulfur batteries), energy storage power supplies, supercapacitors, regenerative fuel cells, flow batteries, etc. technologies, equipment and materials Energy Storage Power Stations and EPC Projects: BMS battery management systems, PCS energy storage inverters, microgrids, EV charging and battery swapping stations and related supporting facilities C. New Energy Grid Connection & Smart Transmission and Distribution: Grid-tie inverters, light-duty DC equipment, operation monitoring devices, grid connection control systems, flexible transmission equipment, UHV transmission equipment, high-temperature superconducting equipment, high-temperature superconducting cables, distribution automation systems and protection devices, intelligent switchgear, transformers, instrument transformers, intelligent components, digital substations, substation integrated automation, distribution automation devices, online monitoring of transmission and distribution, fault diagnosis and self-healing devices, power quality monitoring, harmonic control and reactive power compensation, superconducting electrical technology, various new-type wires and cables, composite materials, and safety protection D. Power Grid Dispatching and Automation Control: Smart grid dispatching systems, comprehensive dispatching data platform systems, power grid security and control, intelligent inspection systems, integrated measurement and control protection and arc suppression coil selection systems, safety and stability control system solutions, power monitoring systems and microprocessor-based relay protection, wide-area dynamic monitoring systems, online stability monitoring systems for power grids, intelligent reactive power compensation devices for distribution networks, control software, remote control and telemetry devices, large-screen display systems, and power system simulation E. Smart Metering and Power Consumption Management: Smart meters and chips, remote/centralized meter reading systems, power consumption information collection systems, power management information systems, load management terminals, monitoring systems, testing devices, metering cabinets and components, measuring instruments, sensors, and semiconductors F. Smart Grid Information and Communication: IoT technology, cloud computing technology, multi-network convergence technology, transmission technology and equipment, access equipment, optical fiber cables, industrial Ethernet, data communication and network technology and related products, in-plant communication equipment, power line carrier machines, supporting equipment and instruments, digital microwave communication equipment, test equipment and instruments, and online network monitoring equipment G. Others International New Energy Vehicles and Charging Piles NEVs (Passenger Vehicles / Commercial Vehicles): Electric buses and trucks, electric sedans, electric sightseeing cars, electric golf carts, electric cleaning vehicles, hybrid buses and sedans, solar-powered electric vehicles, light-duty electric vehicles, hybrid vehicles (micro-hybrid, mild hybrid, full hybrid, plug-in hybrid), pure electric vehicles, fuel cell vehicles, hydrogen/natural gas and other new energy clean fuels, hybrid vehicles and various low-emission, environmentally friendly and energy-saving vehicles; Powertrain Systems: Power batteries, battery management systems, fuel cells, hybrid systems, drive motors, electric control systems, engines, testing and repair equipment, related testing, monitoring, and protection instruments, and related technologies; C. Key NEV Components: Power capacitors, supercapacitors, flywheels, inverters, electric heat pumps, electric power steering, electric air conditioning, tires, wire connections, electromagnetic technology, and related materials; coatings, gearboxes, filters, carburetors, exhaust systems; axles, steering, braking, and suspension systems; auto body accessories; motor and electrical appliances, electronic components, electrical systems, circuits, wheel hubs, tires, etc.; D. Automotive Design: Vehicle design, system control design, etc. E. Charging Facilities: Charging stations, charging piles; smart network project planning and achievement display of charging stations, expansion of gas stations into charging (battery swapping) stations, integrated gas and charging service station displays, solar and wind energy complementary NEV charging station technology products, charging station power distribution equipment, chargers, power monitoring systems, active filters, transformers, distribution cabinets, cables, direct charging equipment, management auxiliary equipment, charging and swapping batteries and battery management systems, parking lot charging facilities, intelligent monitoring, and charging station power supply solutions F. Others Exhibition Fees: Standard Booth (Premium, 3m x 3m ): Domestic enterprises: RMB 23,800/unit Foreign-funded enterprises: US$4,900/unit Basic configuration: one information desk, two folding chairs, one wastebasket, one 220V/500W power socket, two spotlights, Chinese and English header board, carpeted inside the booth. Indoor Bare Space (minimum 36 m² rental): Domestic enterprises: RMB 2,380/m ² Foreign-funded enterprises: US$490/m ² Exhibition Notice: 1. Enterprises intending to exhibit should fill out the exhibition application form, stamp it with the official seal, and fax or mail it to the conference organizing committee; 2. Upon receipt of the booth reservation fee, the organizing committee will arrange booths for exhibitors according to the principle of "first application, first payment, first arrangement"; 3. Payment details for exhibition fees: (1) The above exhibition fees do not include "construction deposit", "construction management fee", "facility rental fee" and other expenses; (2) Exhibitors who sign contracts shall remit the deposit to the organizing committee's account within ten working days from the date of signing the contract, and fax the remittance voucher to the organizing committee for verification; (3) The remaining exhibition fees should be remitted to the account designated by the organizing committee before December 31, 2026; 4. The order of advertisements in the conference booklet will be based on the order of receiving the advertisement fees, and the inclusion deadline is March 31, 2027; 5. The organizing committee will send the Exhibitor Manual to exhibiting enterprises in April 2027. Inquiry Welcome: Shanghai Fulemi Technology Co., Ltd. SNEC 20th (2027) International Solar Photovoltaic and Smart Energy & Energy Storage and Battery (Shanghai) Conference and Exhibition Contact: Manager Wei Tel: +86-13817218765 (same as WeChat) E-mail: weiwei@snec.org.cn

[SMM Silicon-based PV Morning Meeting Minutes] Silicon metal: Yesterday, SMM east China oxygen-blown #553 silicon was around 9,200-9,300 yuan/mt, and #441 silicon was around 9,300-9,500 yuan/mt. On the supply side, there have been many expectations regarding news from large plants in Xinjiang towards month-end, strengthening the bottom support for silicon metal prices. Silicon enterprises showed diverging attitudes in quoting prices and selling—some maintained firm quotes and sold according to market conditions, while others temporarily suspended quoting. Attention should be paid to changes in the operating rates of silicon enterprises on the supply side. Wafers: In the market, 18X wafer prices were 1.105-1.123 yuan/piece, 210RN wafer prices were 1.148-1.153 yuan/piece, and 210N wafer prices were 1.241-1.256 yuan/piece. Wafers of all sizes maintained an upward trend, with cell segment having accepted a quote of 1.15 yuan/piece for 210R, and 183 wafers may see further price increases due to tight supply.

Polysilicon, wafer and cell price spikes lifted supplier offers in August, while weak international demand kept China-port FOB transactions near their early-month lows.

[SMM Silicon-Based PV Morning Meeting Minutes: Wafer Prices Up Nearly 30%, Solar Cell Prices Shot Up Across All Sizes] Wafer: Prices for all sizes rose significantly, with 18X up nearly 30%, and second- and third-tier enterprises generally following the increase. Production in August fell 1-2 GW MoM; top-tier players proactively implemented production cuts as prices fell below cash cost and inventory remained elevated, and the total volume and allocation of external toll processing were also adjusted. Solar cell: Prices across all sizes continued to shot up sharply, with mainstream transactions for 210R, 183, and 210N rising to 0.31-0.345, 0.31-0.35, and 0.31-0.336 yuan/W, respectively.