The Photovoltaic ETF Fund (516180) experienced a robust increase of nearly 2% during trading, as Longi Green Energy, JA Solar, Trina Solar, and 20 other companies qualified for PetroChina’s 9.6GW component centralized procurement project.
As of March 26, 2025, at 11:12 AM, the CSI Photovoltaic Industry Index (931151) surged by 2.10%. Among the constituent stocks, GCL-Poly Energy (688390) rose by 9.22%, TCL Zhonghuan (002129) increased by 5.67%, and Weida Nano (688147) climbed by 5.58%. Other stocks such as Aiko Solar (600732) and JinkoSolar (002459) also saw gains. The Photovoltaic ETF Fund (516180) rose by 1.94%, with the latest price at 0.63 yuan and a trading volume of 1.3919 million yuan, reflecting a turnover rate of 2.05%. Over the past six months, as of March 25, 2025, the Photovoltaic ETF Fund has seen a cumulative increase of 12.80%.
On March 21, China National Petroleum Corporation announced the candidates for its 2025 photovoltaic module centralized procurement project. This initiative consists of six bidding sections, with an aggregate procurement of 9.6GW of photovoltaic modules. Notably, Longi Green Energy, Chint New Energy, Trina Solar, JA Solar, and Tongwei Co. are among the 20 companies that qualified.
Caixin Securities predicts that in the second quarter, the prices within the photovoltaic supply chain will rebound due to surging installation demand and low inventory replenishment. Investors are advised to focus on the profitability recovery of key enterprises in the short term. Following the implementation of new market-oriented policies in renewable energy, the power trading mechanism and associated services continue to evolve, with particular attention on applications related to demand-side response.
Investors can utilize the Photovoltaic ETF from Ping An (516180) and the New Materials ETF from Ping An (516890) to seize investment opportunities in these sectors. The Photovoltaic ETF closely tracks the CSI Photovoltaic Industry Index, which selects no more than 50 representative company securities involved in the photovoltaic industry chain across upstream, midstream, and downstream operations to reflect the overall performance of publicly listed companies within the sector.
Data shows that as of February 28, 2025, the top ten weighted stocks in the CSI Photovoltaic Industry Index (931151) are Longi Green Energy (601012), Sungrow Power (300274), TCL Technology (000100), TEBA (600089), Tongwei Co. (600438), TCL Zhonghuan (002129), JA Solar (688223), JinkoSolar (002459), Chint Electric (601877), and De Yong Co. (605117), with these top stocks accounting for 55.75% of the total weight.
The New Materials ETF from Ping An (516890) closely tracks the CSI New Materials Theme Index, which selects 50 publicly listed companies in fields such as advanced steel, non-ferrous metals, chemicals, and key strategic materials to reflect the overall performance of the new materials sector. As of February 28, 2025, the top ten weighted stocks in the CSI New Materials Theme Index (H30597) include CATL (300750), North China Innovation (002371), Wanhua Chemical (600309), Longi Green Energy (601012), Tongwei Co. (600438), Sanhuan Group (300408), Huayou Cobalt (603799), San’an Optoelectronics (600703), Baofeng Energy (600989), and Greenme (002340), with these stocks making up 53.41% of the total weight.
Related products include the Photovoltaic ETF from Ping An (516180), the Ping An Photovoltaic Index Fund (A Class: 012722; C Class: 012723), and the New Materials ETF from Ping An (516890). All information and data provided here are not investment advice, and any actions taken are at the investor’s own risk.
