Sungrow Power Supply(SZ:300274) Mei Ri Shang Bao·2025-10-29 22:18Market Overview - A-shares experienced a strong rally, with the Shanghai Composite Index surpassing 4000 points, closing at 4016.33, marking a 10-year high, while the Shenzhen Component Index rose by 1.95% and the ChiNext Index increased by 2.93% [1] - The total trading volume across the Shanghai, Shenzhen, and Beijing exchanges reached 22,909 billion yuan, an increase of approximately 1,250 billion yuan from the previous day, with over 2,600 stocks rising [1] North Exchange Performance - The North Exchange 50 Index surged by 8.41% in the afternoon session, with significant gains in stocks such as Jin Hua New Materials and Li Tong Technology, which hit the 30% daily limit [2] - The chairman of the North Exchange announced plans to optimize the index system and introduce the North Exchange 50 ETF, enhancing trading convenience [2] - Analysts suggest that the recent decline in the North Exchange has created new valuation opportunities, particularly for newly listed stocks [2] Solar and Energy Storage Sector - The solar and energy storage sectors showed remarkable performance, with leading stocks like LONGi Green Energy and Tongwei Co. hitting the daily limit [3] - Sunshine Power's stock price reached a record high of 194.97 yuan, with a market capitalization exceeding 400 billion yuan, closing at 191.49 yuan [3] - The sector is benefiting from favorable government policies aimed at promoting clean energy development and enhancing energy system resilience [4] Performance of Tungsten and Nonferrous Metals - The nonferrous metals sector, particularly tungsten and aluminum stocks, saw significant gains, with companies like Zhongtung High-tech and Chang Aluminum hitting the daily limit [5] - Tungsten prices have been rising due to increased demand and supply constraints, with black tungsten ore prices reported at 288,000 yuan per ton, up 3,000 yuan from the previous day [6] - The strategic value of tungsten is increasing, driven by demand from industries such as excavators and automotive, with potential supply shortages expected to persist [6]