On December 15, 2005, the patriarch of Chinese photovoltaics led Wuxi Shangde to become the first Chinese photovoltaic company listed on the American main board. The stock price skyrocketed like a rocket at the opening, reaching $90 at one point. This dazzling achievement propelled Shi Zhengrong to the top of China's rich list in 2006, making him the newly crowned richest person in China. However, what Shi Zhengrong did not anticipate was that, just 7 years later, the photovoltaic empire he had built would suddenly collapse. The stock price plummeted from $90 to below $1, and Shi Zhengrong's fortune rapidly dwindled from $2.3 billion to zero. The collapse of Wuxi Shangde was a microcosm of the photovoltaic collapse that swept across China during that era. In that tidal wave engulfing the entire country, over 90% of photovoltaic companies perished, and the survivors were barely clinging on. A decade has passed, but are Chinese photovoltaic companies still alive? When we turn our gaze to the Chinese photovoltaic industry, we are surprised to find that, compared to the last high-profile appearance, this time Chinese photovoltaics has grown into a silent giant. The production and capacity of Chinese photovoltaic products have reached 95% of the world's total, making it a global dominator! So, how did Chinese photovoltaics survive that deadlock and stage a comeback on the global stage?