创业板新能源ETF（159387）大涨超4%，原因为何？

Core Viewpoint - The new energy sector is leading the market, with the ChiNext New Energy ETF (159387) rising over 4%, driven by strong performance in the energy storage business and supportive policies [1]. Performance Summary - Sunshine Power achieved revenue of 22.869 billion yuan in Q3 2025, a year-on-year increase of 20.83% but a quarter-on-quarter decrease of 6.65%. The net profit attributable to shareholders was 4.147 billion yuan, up 57.04% year-on-year and 6.1% quarter-on-quarter. The company's energy storage system revenue was approximately 11 billion yuan, indicating strong performance and an upward revision of global energy storage installation expectations for the coming years [2]. Growth Summary - The easing of US-China relations and Nvidia's announcement of high demand in 2026 are expected to boost energy storage growth. The increase in electricity consumption in North American data centers highlights the need for energy storage solutions to manage load fluctuations, further opening growth opportunities in the sector [3]. Price Summary - The price of electrolyte reached 98,000 yuan per ton on October 27, up 39,000 yuan from 59,000 yuan on September 28, indicating a tight supply and potential for further price increases. The price of lithium iron phosphate cathodes also rose from 34,900 yuan per ton on September 28 to 36,100 yuan per ton on October 27, supported by demand and cost factors [4]. Policy Summary - The "14th Five-Year Plan" emphasizes the development of new energy sources, including wind, solar, and nuclear, and promotes new energy storage to achieve carbon peak goals. Local policies, such as those from the Henan Provincial Development and Reform Commission, aim for a cumulative energy storage installation of 15 GW by 2030 and support for independent storage systems. The fourth quarter of 2025 is expected to see a surge in domestic energy storage demand due to the implementation of various provincial policies [5].