全面把握电力行业机遇 电力ETF景顺正在发行中

Group 1 - The core viewpoint of the article highlights the significant growth in electricity demand driven by advancements in AI technology and the expansion of AI infrastructure, positioning electricity as a key production factor in the digital economy [1] - The issuance of the Invesco Power ETF, which closely tracks the CSI All Share Power Utility Index, aims to provide investors with a convenient tool for exposure to the electricity sector [1] - The CSI All Share Power Utility Index includes 57 stocks from the power utility sector, covering various types of electricity generation such as thermal, hydro, wind, and nuclear power, which helps in diversifying investment risks [1] Group 2 - The electricity sector, as a public utility, is relatively insulated from economic cycles, exhibiting stable profitability and low valuations, with a dividend yield of 2.57% as of December 31, 2025, surpassing the overall A-share market yield of 1.96% [2] - Over the past five years, the CSI All Share Power Utility Index has shown a cumulative increase of 30.30%, indicating robust performance throughout a complete market cycle [2] - The ETF research team at Invesco Power Fund has an average industry experience of over 10 years, with the fund manager, Gong Lili, currently managing various ETF products, showcasing a blend of domestic and international ETF investment management experience [2]