China's A-share photovoltaic energy storage sector falls sharply, with Sungrow and other companies responding to the potential impact of US government actions

The photovoltaic energy storage sector of China's A-share market opened significantly lower, and the inverter index fell due to panic selling of funds. Sungrow's stock price fell by over 19% at one point, and Sungrow stated that it is currently investigating and has no specific impact data. GoodWe stated that last year's sales in the United States were only over 100 million yuan, compared to 30 million yuan in the first half of the year, with limited direct impact. Ginlong stated that last year, the proportion of US exports was less than 1%, and the impact can be ignored. Several other companies have stated that the reported content is inconsistent and are currently tracing the original source to assess the impact.