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Photovoltaic

China Securities Power Equipment Index Reaches 476.16 Points, Led by Major Players Including TBEA

China

The China Securities Index of the power equipment industry stands at 476.16 points. The top ten weighted companies include TERNA Energy among others.

As of March 17, 2025, the three major indices of A-shares showed mixed results. The China Securities Index for the power equipment industry (Code: 932118) reported a value of 476.16 points. Data indicates that the index has increased by 1.31% over the past month, but has decreased by 4.61% in the last three months, and is down 0.37% year-to-date.

The China Securities index selection series chooses publicly listed companies from various sectors that meet certain liquidity and market capitalization criteria to represent the overall performance of the industry. The base date for this index is December 31, 2021, with a base point set at 1000.0 points.

Currently, the top ten holdings within the China Securities Index for the power equipment industry are as follows:

  • Ningde Times (15.37%)
  • LONGi Green Energy (6.22%)
  • Sunlight Power (5.80%)
  • State Grid NARI (5.24%)
  • TERNA Energy (3.71%)
  • Yiwei Lithium Energy (3.59%)
  • Tongwei Co. (3.40%)
  • Siemens Electric (2.66%)
  • Shanghai Electric (2.42%)
  • GreenMei (2.05%)

In terms of market segments, the holdings of the China Securities Index for the power equipment industry are distributed as follows: 55.73% from the Shenzhen Stock Exchange, 43.80% from the Shanghai Stock Exchange, and 0.47% from the Beijing Stock Exchange.

Regarding industry representation, the index’s sample companies are categorized as follows: 37.12% in photovoltaic equipment, 23.35% in batteries, 13.95% in battery components and materials, 9.58% in grid automation, 5.24% in distribution equipment, 3.49% in wind power equipment, 3.40% in other power generation equipment, 2.70% in transmission and transformation equipment, and 1.18% in cables and others.

It is noted that the index sample is adjusted semi-annually, with changes implemented on the next trading day following the second Friday of June and December each year. The weighting factors are adjusted accordingly during the sample update process, while remaining fixed until the next scheduled adjustment. In cases of exceptional adjustments due to significant events affecting the sample companies, corresponding changes will be made to the index samples. Companies that are delisted will be removed from the index.

This information is sourced from Jrj.com and is provided for informational purposes.