Thanks to its expansion into solar-plus-storage business, Sungrow bucked the market trend and achieved a profit of 7.7 billion yuan in the first half of this year. Its market capitalization recently surpassed 300 billion yuan, making it the third listed company in the photovoltaic industry to do so, following Longi Green Energy and Tongwei Co., Ltd. Currently, the integration of solar and energy storage is becoming a standard feature for photovoltaic companies. In addition to early adopters like Canadian Solar and Trina Solar, Longi Green Energy has recently been rumored to be acquiring an energy storage company. Industry insiders believe that with the potential for appropriate relaxation of spot market price limits in China, the combination of solar and energy storage will maximize its value as electricity price differentials widen. Furthermore, high self-use demand for energy storage is a significant need, creating a demand scenario for solar-plus-storage integration. Overall, while the fundamentals of the photovoltaic industry have improved, the outlook remains uncertain. Many interviewees believe that the development of integrated solar-plus-storage businesses, particularly energy storage, is key for photovoltaic companies to escape difficulties and forge new growth paths. However, companies that are not adequately prepared and rush into the energy storage sector during this period of intense industry competition may struggle to achieve profitability in the short term.