Mei Ri Jing Ji Xin Wen·2025-10-13 07:03Core Insights - The A-share market showed signs of recovery with the ChiNext New Energy ETF experiencing a slight pullback of 0.68% as of 14:47 on October 13, 2025, while stocks like Galaxy Magnetic Materials surged by 20% [1] - The ChiNext New Energy ETF has attracted significant capital inflow, with 180 million yuan in the last 5 trading days, 381 million yuan in the last 10 days, and 989 million yuan in the last 20 days [1] - The storage industry is shifting from policy-driven growth to market-driven dynamics, with overseas markets emerging as new growth areas and technology evolving from a broad approach to a more refined one [1] Industry Summary - CITIC Securities continues to recommend investments in energy storage, highlighting the positive fundamentals of the lithium battery industry. The cost of energy storage systems has significantly decreased due to a sharp drop in cell costs and technological advancements [2] - Domestic benefits from the widening price difference between peak and valley electricity, along with the introduction of capacity pricing and compensation policies, have led to a noticeable increase in Internal Rate of Return (IRR) [2] - The ChiNext New Energy ETF is the first ETF in the market tracking the ChiNext New Energy Index, with the largest scale of 1.116 billion yuan as of October 10, 2025, and the highest average daily trading volume of 93.54 million yuan in the past month [2]