Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-11-27 16:05Core Insights - The A-share market indices opened higher on November 27, with the ChiNext New Energy ETF (Hua Xia, 159368) rising by 2.76%, driven by significant gains in its holdings such as Penghui Energy, which increased over 12% [1] - Solid-state batteries are expected to be a leading application in the coming years, with full commercialization anticipated between 2026 and 2027, as companies are currently in the sample delivery phase to battery manufacturers [1] - CITIC Securities believes that solid-state batteries, as the next generation of high-performance battery technology, are accelerating from laboratory development to industrialization, supported by policy incentives, market demand upgrades, and continuous technological advancements [1] Company Insights - The ChiNext New Energy ETF (Hua Xia, 159368) is the largest ETF tracking the ChiNext New Energy Index, which encompasses various sectors within the new energy and electric vehicle industries, including batteries and photovoltaics [2] - The ETF has the highest elasticity, with a potential increase of up to 20%, and the lowest fee structure, with a combined management and custody fee of only 0.2% [2] - As of October 31, 2025, the ETF's scale reached 829 million, with an average daily trading volume of 90.05 million over the past month, and it has a storage capacity of 59% and solid-state battery content of 32%, aligning with current market trends [2]