China Photovoltaic Stocks Jump After New Energy-Efficiency Standards; Laplace Up 18%

China’s photovoltaic sector rallied in morning trading on July 10, with Laplace up 18.31% and the CSI Photovoltaic Industry Index (931151) up 1.02% as of 1:05 p.m., while Penghua Photovoltaic ETF (159863) rose 1.48% to 0.62 yuan, according to Jiemian News. The report cited several drivers flagged by institutions, including mandatory national standards issued on July 2 by China’s Ministry of Industry and Information Technology (MIIT), China’s National Development and Reform Commission (NDRC) and China’s State Administration for Market Regulation (SAMR) covering energy-consumption limits and efficiency grades across the PV supply chain (silicon materials, wafers, modules and inverters), and a July 4 shipment of PV equipment to the U.S. by a subsidiary of Jingshan Light Machinery. Other gainers included Jinko Power (+10.09%) and Junda (+10.01%). Data cited in the report showed the index’s top 10 constituents by weight as of June 30, 2026—Sungrow, TBEA, LONGi Green Energy, Autowell, China Three Gorges Renewables, Maiwei, Jingsheng Mechanical & Electrical, TCL Zhonghuan, Tongwei and Dier Laser—accounted for 51.27% of the index.