新能源基本面依旧持续向好，关注创业板新能源ETF（159387）

Core Viewpoint - The new energy sector experienced significant pullbacks on November 4, with various ETFs showing declines due to a shift in market sentiment [1] Group 1: Performance Analysis - The lithium battery sector showed notable improvement in revenue and profit, driven by strong domestic passenger car sales, heavy truck replacements, and renewed electric vehicle subsidies in Europe [1] - The photovoltaic sector continued to see a decline in performance for the first three quarters, but there was a marginal improvement in Q3 2025, attributed to the effectiveness of anti-involution policies and rising prices of silicon materials [1] - The wind power sector reported increased revenue and profit, benefiting from accelerated project construction and a self-regulatory mechanism that improved bidding prices, leading to a rise in both volume and price [1] Group 2: Future Outlook - The fundamentals of the new energy sector remain positive, with three key investment themes to watch: strong demand in energy storage, progress in anti-involution policies in photovoltaics, and advancements in new technologies such as solid-state batteries and BC cells [2] - Investors are encouraged to consider specific ETFs that align with these themes, including the entrepreneurial board new energy ETF (159387) and the carbon neutrality 50 ETF (159861) [2]