储能行业高景气预期，资源品碳酸锂供需面扭转，稀有金属ETF(562800)有望持续受益

Group 1 - The rare metals sector is experiencing adjustments, with the China Rare Metals Theme Index declining as of November 24, 2025, while stocks like Plumbum Technology lead gains [1] - The lithium battery, energy storage, and power grid equipment sectors are benefiting from surging domestic and international demand, becoming a focal point for investment [1] - Strong downstream demand has led to a monthly shortage of lithium carbonate, with supply at approximately 115,000 tons and demand at 128,000 tons, resulting in a shortfall of about 13,000 tons [1] Group 2 - The "14th Five-Year Plan" emphasizes the development and reserve of strategic mineral resources, reinforcing national resource security [2] - The non-ferrous metals industry is expected to enter a bull market driven by monetary, demand, and supply factors, with significant growth opportunities for mining companies [2] - As of October 31, 2025, the top ten weighted stocks in the China Rare Metals Theme Index account for 60% of the index, including companies like Northern Rare Earth and Ganfeng Lithium [2] Group 3 - The Rare Metals ETF (562800) tracks the China Rare Metals Theme Index, providing a convenient tool for investing in the rare metals sector [3] - Investors can also explore investment opportunities in the rare metals sector through the Rare Metals ETF linked fund (014111) [4]