Core Viewpoint - The Central Economic Work Conference held from December 10 to 11, 2025, emphasized the need to develop a strong energy nation and accelerate the construction of a new energy system, expanding the application of green electricity [1] Group 1: Market Performance - As of 10:02 AM on December 12, 2025, the new energy index fell by 0.58%, with leading stocks like Deye Technology rising by 2.43%, TBEA by 2.24%, and Jilin Electric Power by 2.18% [1] - The top ten weighted stocks in the CSI New Energy Index as of November 28, 2025, include Sungrow Power, CATL, LONGi Green Energy, TBEA, and others, collectively accounting for 45.35% of the index [1] Group 2: Industry Insights - Jiangsu Securities noted that the current penetration rate of new energy generation is approximately 20%, with consumption bottlenecks arising due to mismatches in supply and demand and immature market mechanisms [1] - Looking ahead to the 14th Five-Year Plan, Jiangsu Securities believes that with accelerated electricity reforms and the establishment of a unified national electricity market, energy storage, new business models, and ultra-high voltage will play crucial roles in enhancing new energy consumption capacity [1]
高层定调加快新型能源体系建设，新能源ETF(159875)有望持续受益
Xin Lang Cai Jing·2025-12-12 02:53