As the Global BC Battery Industry Development Forum approaches, the Photovoltaic ETF Fund (516180) is experiencing an upward trend, drawing significant attention for investment opportunities.
As of April 2, 2025, at 10:15 AM, the CITIC Photovoltaic Industry Index (931151) rose by 0.29%. Notable performers among its constituents include TCL Zhonghuan (002129), up 2.35%, HeMai Co. (688032), up 2.04%, Robotech (300757), up 1.83%, DeYe Co. (605117), up 1.61%, and Hengdian East Magnetic (002056), up 1.18%. The Photovoltaic ETF Fund (516180) saw an increase of 0.50%, with the latest price at 0.6 yuan and a growing trading volume throughout the session.
The Global BC Battery Industry Development Forum is scheduled for April 9-10, 2025, in Jiaxing. Reports indicate that this forum will gather leading companies and experts from the BC technology field, providing a high-level and specialized platform for communication and collaboration. This event is expected to mark a new phase of collaborative innovation within the industry.
In 2024, the global new energy storage capacity is projected to reach 79.2 GW/188.5 GWh, representing an 82.1% year-on-year increase in capacity (GWh). Specifically, China’s new energy storage capacity is anticipated to be 41.54 GW/107.13 GWh, marking a 110% year-on-year growth and accounting for 56.83% of the global total, positioning China as a leader in the energy storage industry.
Changjiang Securities highlighted that the current sentiment in the sector is at a clear bottom, with positive fundamentals expected to drive prices across the supply chain. The combination of domestic installation surges and supply-side discipline is anticipated to sustain price increases. Q2 is projected to see a quarter-on-quarter recovery in both volume and profit, with supply-side reforms likely acting as further catalysts. Investors are advised to focus on specific segments: 1) supply-side discipline, where leading companies in primary and auxiliary materials are expected to see demand shifts; 2) new technology advancements, which are rapidly being implemented, including BC technology, silver-coated copper, and copper paste.
Investors can consider the Photovoltaic ETF Fund (516180) and the New Materials ETF Index Fund (516890) to capitalize on opportunities within these sectors.
The Photovoltaic ETF Fund closely tracks the CITIC Photovoltaic Industry Index, which selects up to 50 representative listed companies engaged in various segments of the photovoltaic industry chain. This index aims to reflect the overall performance of photovoltaic industry securities.
As of March 31, 2025, the top ten weighted stocks in the CITIC Photovoltaic Industry Index (931151) are LONGi Green Energy (601012), SunPower (300274), TCL Technology (000100), TSMC (600089), Tongwei Co. (600438), TCL Zhonghuan (002129), JinkoSolar (688223), Chint Electric (601877), DeYe Co. (605117), and JA Solar (002459), with these top ten accounting for 55.78% of the total index weight.
The New Materials ETF Index Fund closely tracks the CITIC New Materials Theme Index, which includes 50 listed companies involved in advanced steel, non-ferrous metals, chemicals, and key strategic materials. This index aims to reflect the overall performance of the new materials sector.
As of March 31, 2025, the top ten weighted stocks in the CITIC New Materials Theme Index (H30597) are CATL (300750), North Huachuang (002371), Wanhua Chemical (600309), LONGi Green Energy (601012), SanHuan Group (300408), Tongwei Co. (600438), Huayu Cobalt (603799), San’an Optoelectronics (600703), GEM Co. (002340), and Baofeng Energy (600989), with these top ten stocks accounting for 52.75% of the total index weight.
Related products include the Photovoltaic ETF Fund (516180) and the New Materials ETF Index Fund (516890).
