The "2025 Photovoltaic Industry Technology Innovation Conference" was held in Changzhou on December 11, 2025.

The symposium addressed 11 core topics centered on critical industry challenges, including policy interpretation, market outlooks, competing technological roadmaps, and domestic substitution of essential materials. By covering the entire industry chain, the event provided a strategic framework for driving innovation and achieving technical breakthroughs across the photovoltaic sector.

At conference, APG Group was honored with the "2025 PV Target Material Innovation Excellence Award". This prestigious recognition underscores the company’s numerous technological breakthroughs in core photovoltaic materials and its significant market growth potential. This award is a testament to our technological leadership and commitment to advancing high-performance solutions for the global solar industry.

APG Shenzhen, established in 2011, has a history of 14 years. Focusing on the photovoltaic field, it has achieved full-cycle empowerment from the first generation to the third generation of thin-film solar cell targets.

For the first-generation a-Si & μc-Si technologies, we are the primary supplier of GZO, AZO, NiCr, Ag, Ti, and other series of target materials, thanks to our strong supply capacity and reliable quality.

With CIGS emerging as the second-generation mainstream technology, our company, leveraging technological research and development and highly recognized quality within the industry, has become a core supplier to the world's largest thin-film solar energy companies, supplying products including CdS, AZO, Mo, and CIG targets.

The emergence of third-generation thin-film technology has significantly advanced Cadmium Telluride (CdTe) photovoltaics, delivering substantially higher conversion efficiencies. In this evolving landscape, APG Group has solidified its industry leadership by providing a suite of high-reliability CdS, AZO, Mo target materials essential for modern CdTe device architectures.

APG Group Continues to Break Through Technical Barriers, Making Continuous Advances in Cutting-Edge Fields such as Perovskite Batteries, Tandem Batteries, and HJT Batteries, Launching Multiple Core Target Products and Comprehensive Solutions. These Core Innovations Not Only Helped the Company in Winning Awards but Also Assisted to Drive the Domestic Substitution and Industry Upgrade of Key Photovoltaic Materials.

Perovskite Solar Cell ETL Layer SnO₂ Target Material

Developed a new SnO₂ target material for the ETL layer with significant core advantages—energy level alignment (conduction band aligned with perovskite), high electron mobility, high light transmittance, and excellent chemical stability, which effectively suppresses the ultraviolet light-induced degradation.

Perovskite Solar Cell HTL Layer NiOx Target Material

Specially optimized HTL layer NiOx target material, successfully improving conductivity to mΩ level. While enhancing target deposition rate, it effectively prevents target clumping. The product combines high hole mobility, excellent film morphology, excellent hydrophobicity, and is highly compatible with perovskite solution processes, significantly reducing downstream customer process difficulties.

Indium-Free Series Target Materials

The indium-free target material successfully reached mass production scale, aiming to overcome the dependence on the rare metal "indium" in traditional ITO targets. Through element doping and microstructure design (such as atomic-level doping), the material aims to approach or even exceed the comprehensive performance of ITO (conductivity, light transmittance, and stability), and is compatible with existing ITO coating lines.

Low-Temperature Coating TCO-HPS Target Material

For tandem cells and HIBC batteries, it exhibits superior performance in the low-temperature TCO film layer, while maintaining very stable performance during high-temperature manufacturing processes. Under non-heated coating conditions, the film layer mobility is close to 50cm²/V·s, the sheet resistance is less than 40Ω, and the transmittance reaches 90%, perfectly matching the stringent requirements of high-efficiency batteries for film layer performance.

RPD Ceramic Target Material

The product helped customers break two world records for HJT conversion efficiency. After identification by the Ministry of Industry and Information Technology, the RPD ceramic target material preparation technology was found to be at the leading domestic level, with some technical indicators reaching internationally advanced standards. This achievement has significant application value, successfully ending the "bottleneck" situation caused by global constraints and achieving full domestic substitution.

Electronic Paste and Comprehensive Solutions

In the domain of electronic pastes, APG Group has introduced high-performance solutions, including advanced silver paste specifically engineered for back-passivated photovoltaic (PV) cells. We deliver comprehensive material solutions—integrating both coating materials (targets) and electronic pastes— effectively shortening customer development cycles by precisely optimizing the interplay and characteristics of these two material sets. Through this integrated approach we have successfully established strategic partnerships with multiple leading customers.

APG Group Sales Director Mr. Tu said during the award ceremony: "Winning the '2025 PV Target Material Innovation Excellence Award' is a full recognition of our technological innovations and industry contributions, and an encouragement for us to continue to deepen our focus on photovoltaic new materials."

Moving forward, APG Group is committed to scaling its R&D investment by establishing a robust, "three-in-one" innovation framework: Corporate R&D Center + Academic Collaboration + Industry Alliance; in order to address critical technical challenges and evolving market demands within the photovoltaic target material sector. By continuously pushing the boundaries of material science, we aim to empower global photovoltaic enterprises with superior-quality products and advanced solutions.