Our Rise Era

Chapter 209: Tragic! Raise the butcher knife!

March!
The global polysilicon market has experienced an unprecedented surge!
From the initial price of 51.5 USD, it increased to 60 USD...

However, as more and more Chinese polysilicon companies entered the market and began to frantically stockpile polysilicon...

The price of polysilicon rose from $60 to $3 in just three days...

Immediately afterwards...

$70, $80, $100!

From 70 dollars to 100 dollars, it took less than 10 days...

The global polysilicon market has experienced an even crazier surge than in 06. It is like a carriage that has broken free from its reins and is rushing madly towards an abyss that no one knows about!

April!
This time the crazy surge is even more terrifying!
Seeing the crazy rise in the price of raw materials [polysilicon], Chinese companies not only did not stop, but instead stockpiled materials even more fiercely...

At one point, it even completely took over the entire European and American polysilicon market.

Capital is crazy!

Once you see the benefits...

Countless capitals will rush into this market, like wild beasts, scrambling to devour the fat sheep.

It is very similar to the global polysilicon war in 05.

So, who is the hunter and who is the prey?

....................................

"Polysilicon has risen to $120!"

"We have reached our breaking point!"

"Should we take action, or wait?"

"..."

April th.

Late at night.

Zhang Yang stayed in the office.

I watched silently as the market price of [polysilicon] soared to $120.

Then, he turned around and looked at the data from the European Union and the United States...

After watching for a long time, Zhang Yang finally shook his head and said, "We have to wait a little longer!"

"Wait longer?" Diao Guangdou took a deep breath.

"Yes, wait a little longer. It's not enough! They haven't closed enough companies, they haven't expanded enough factories, we have to wait a little longer!"

“You want to push polysilicon to $500? We don’t have the financial resources to do that now!”

"It's not me who wants to push this, it's Wall Street in the West. However, please tell our partner companies that from now on, we have to be more enthusiastic about the market..."

"But……"

"No buts!"

"it is good!"

Diao Guangdou silently looked at the number 120 on the wall. Finally, he nodded and left the office.

only……

At this moment, his footsteps were very heavy.

He already knew very well that Zhang Yang and China's Photovoltaic Alliance both wanted to be hunters.

but……

This time they are fighting against Wall Street, which is composed of the Western camp. They...

Do they have any chance of winning?

..............................

[According to the latest news, Zhou Xinsheng, the head of Suzhou Deshang, went to MEMC and tried to sign a contract with MEMC not to increase prices, but was rejected! ]

[[Yingli] Vice President met with [MEMC] Vice President, the two sides discussed the price issue regarding the market demand of the [polysilicon] industry. This negotiation was very constructive...]

[China's Ministry of Commerce went to Europe and the United States to negotiate the issue of rising prices of [polysilicon] raw materials and the future market of the photovoltaic industry. The two sides had a heated exchange of opinions during this negotiation...]

【…】

Late April.

Almost every day, the technology pages of major news platforms in China are reporting on the [photovoltaic industry].

From the Chinese photovoltaic industry repeatedly asking to meet with [MEMC], to the Chinese business team going to Europe and the United States to negotiate in person...

All in all!
It all revolves around the three words [polysilicon]!
April!
[Polysilicon] The market price started at $120 and skyrocketed again, rising to nearly $140 per kilogram.

but……

The market demand for [polysilicon] is growing day by day!

The photovoltaic assembly industry in the European and American markets has become a waste of human brains, but the demand for assembly still exists...

As giants such as Yingli and Suzhou Deshang approached MEMC one after another, hoping that MEMC would not raise prices any further and even sign a five-year contract, they were rejected...

The price of polysilicon is rising more and more, stimulated by such market conditions!
The capitalists finally can’t sit still anymore!
After seeing the price of [polysilicon], countless investors dormant in China went crazy and put on the shell of a "material company"...

All of them went to major polysilicon giants in Europe and the United States to purchase polysilicon in various ways.

……

the end of April.

When polysilicon reaches $170...

Zhang Yang followed everyone and held another meeting.

The meeting lasted only one sentence.

That is, Zhang Yang looked at all the bosses who were sweating and thrilling.

Suddenly a sentence was announced.

“No need to buy it!”

"..."

..........................................

May 1st.

International Labour Day.

From February to May.

For the entire European and American markets, the local photovoltaic manufacturing industry has finally been completely destroyed by the Chinese companies that have come one after another!

Look past that!

All the assembly companies that can be seen have either collapsed or completely changed their appearance and turned into [polysilicon] industrial parks... Even the German companies that have been relying on the profits generated by [polysilicon] to survive have finally suffered a devastating blow. Within a few months, all the low-end manufacturing industries have been replaced by production bases of polysilicon giants led by the American [MEMC] company!

A set of data represents!
From February to May, in three months, MEMC's production capacity is expanding wildly and disorderly, reaching five times or even more than the previous scale of global factories.

【MEMC】I wanted to make a fortune!
but……

As more and more capital hidden in the dark joins the battlefield, the [polysilicon] market becomes more and more crazy!

The people behind [MEMC] are becoming more and more greedy!
They saw that Chinese photovoltaic companies, led by Suzhou Deshang, seemed to be gradually stopping purchasing polysilicon on the market.

However, they also saw more new Chinese companies rushing into the market and scrambling to grab [polysilicon] without any second thought.

The entire photovoltaic industry has also reached a scale even more terrifying than in 06!

A rough calculation...

Nearly 1500 newly established photovoltaic companies from China have joined the buying war for polysilicon.

Behind these companies, there are countless capitals.

On May 5, the price of [polysilicon] soared to US$1/kg!

The price of polysilicon at $200/kg is far from the standards of MEMC and the Wall Street companies behind it...

This time, they want to push the price to $500/or even higher $600!

then……

Another big harvest!
Before that, they will put more and fatter baits into the market to once again drive up the enthusiasm of the entire market!
And someone noticed something was wrong!
"We can't cooperate to expand the factory anymore. If we continue to expand, if those big fish don't take the bait, we will be in danger of running out of capital!"

"Yes!"

"The global market and production capacity are now close to 60 percent! Everything is a false prosperity. This time, I don't know why, but I always feel like a pair of hands are helping us harvest. I feel more and more that something is wrong!"

"We control the technology! We can't stop!"

"But……"

"No buts!"

"..."

Some people saw something was wrong.

but……

When a group of capitals that once tasted the sweetness of [Hunting China] saw that this market was more ferocious than before, they could no longer stop!
This is an abyss!
"Huaxia signed a one-year agreement with us before!"

"There are still three months until August. During these three months, we will wait for them to come to our door!"

"..."

....................................

“Our industry has completely collapsed!”

"We no longer have any decent photovoltaic companies in our country that can compete with Chinese companies!"

"We have to stop, we have to stop!"

"After our industry completely collapses, it will lead to the hollowing out of the industry. What is hollowing out? It means that we can have high-end technology, but the mid-range assembly is completely controlled by these Chinese people. In a sense, if there are no competitors in the market, then they will completely control the market, and then they will counterattack us!"

"Stop, you must stop!"

"We can't play this game any longer!"

"I feel more and more that something is wrong with this [hunting]! It seems that this group of Chinese photovoltaic industry is targeting us and hollowing out our industry!"

"..."

June!
The global polysilicon industry has skyrocketed to $300...

Mid-June...

The price exploded to $350…

In July, it broke through $400!

In late July, it broke through $500, reaching its all-time high!

In early August, it broke through $550, setting a new all-time high again…

……

At the beginning, Chinese capital saw the meat and rushed into the polysilicon market frantically in an attempt to make a fortune!
Soon after, seeing such a booming market, second-tier capital in Europe and the United States could not help but rush in. Even though they knew that this was a harvest of China's photovoltaic industry by Wall Street, they still rushed in.

As more and more capital rushes in, the entire market is approaching madness!
More and more people are feeling scared...

In Germany, the Ministry of Commerce is negotiating with Europe and the United States almost every day to pick up the manufacturing industry again!

but……

This game on raw materials...

It was as if he couldn't stop the car or stop his hands, and was moving forward towards the abyss!
The top executives of the company behind the scenes, [MEMC], also realized that the situation was beginning to get out of control, and they were ready to close the net!

but……

It's time to close the net...

seem……

It’s a bit late!

A big chess game that has been prepared long ago!

A stranglehold on [MEMC]!

Already prepared!

..............................

8 Month 12 Day!
The global [polysilicon] industry has gone crazy!
At [MEMC] Company, when they were preparing to sign a five-year agreement with several Chinese companies...

Everyone saw the news!

[Huaxia has made a breakthrough in the field of [polysilicon]! [Shenglan Technology] polysilicon is purer than [MEMC] polysilicon! ]

【【Shenglan Polysilicon】Only $150/kg! 】

【…】

【【MEMC】Polysilicon may be eliminated by the market! 】

……

After seeing this series of news...

【MEMC】The top management was instantly shocked and stared at the news in disbelief...

And, the global small and medium-sized investors that rushed into this battlefield with the gimmick of "strangling China" and attempted to make money in the middle were even more terrified!

Overnight!

day!
Collapsed!

(Third update!)
(End of this chapter)