Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-12-01 06:52Core Viewpoint - The A-share market showed a positive trend on December 1, with significant movements in the new energy sector, particularly in the context of a major advancement in semi-solid lithium battery storage technology [1][2]. Group 1: Market Performance - The three major A-share indices experienced fluctuations but trended upwards in the afternoon session on December 1 [1]. - The Huaxia New Energy ETF (159368) saw a slight decline of 0.40% in the afternoon, despite a net inflow of over 56 million yuan in the past ten days [1]. - The trading volume of the Huaxia New Energy ETF reached 72.17 million yuan, making it the leading fund in its category [1]. Group 2: Technological Advancements - A significant milestone was achieved with the successful grid connection of a 200,000 kW/800,000 kWh semi-solid lithium battery storage project in Wuhai, Inner Mongolia, marking a record in installed capacity for such projects in China [1]. - This project signifies a transition of semi-solid storage technology from demonstration applications to large-scale commercial operations, showcasing its feasibility and advanced nature for grid-side applications [1]. Group 3: Industry Outlook - Dongguan Securities forecasts a 30% growth in overall lithium battery demand by 2026, with supply growth in the materials sector lagging behind, potentially leading to continued supply-demand tensions across various segments of the industry [2]. - The ongoing industrialization of solid-state batteries, along with the expansion of semi-solid battery applications in vehicles and energy storage, is expected to drive further market growth [2]. - The Huaxia New Energy ETF (159368) is the largest ETF tracking the New Energy Index in the market, with a significant focus on sectors like batteries and photovoltaics, featuring a 59% allocation to energy storage and a 32% allocation to solid-state batteries [2].