Of course, this spear-and-shield dynamic is also reflected in the unique industrial paradox of the PV industry: driven by top-level policies, the PV industry enjoys unprecedented development opportunities while also enduring the structural pains caused by overexpansion.

However, time always smooths out the bruises and swelling after a rubber band snaps, and it always makes people forget all the lessons.

A leisurely stroll doesn't mean smooth success, nor do twists imply perpetual chaos. Like other industries, the PV sector has fallen into a cycle of internal competition before a new equilibrium is reached.

China's photovoltaic (PV) industry has set countless "most" records, with three aspects particularly widely discussed in public discourse. First, it's one of the most volatile sectors with dramatic ups and downs; second, it's one of the industries most likely to create billionaires; third, it's an industry most closely tied to the sun. These three facets perfectly illustrate the fierce competition, human ambition, and future ideals.