Ge Long Hui A P P·2026-01-21 03:11Group 1 - The core viewpoint of the news highlights the significant inflow of funds into the electric grid equipment ETF, which has seen a net subscription of 5.15 billion shares and an estimated net subscription of 918 million yuan, marking a continuous trend of investment in this sector [1] - The electric grid equipment ETF has experienced a total net inflow of over 9.4 billion yuan over the past nine days, reaching a new high in total scale of 14.506 billion yuan, making it the largest ETF in the electric grid industry [1] - The State Grid has announced a fixed asset investment of 4 trillion yuan during the 14th Five-Year Plan, while the Southern Power Grid is expected to invest around 1 trillion yuan, leading to a total investment of nearly 5 trillion yuan in the industry over the next five years, significantly exceeding previous plans [2] Group 2 - The North American market is witnessing a surge in demand for electrical equipment driven by aging infrastructure and the electricity needs of AI data centers, with exports of transformers, high-voltage switches, and wires from China expected to see double-digit growth by 2025 [2] - Leading companies in the electrical equipment export sector, such as Siyi Electric, are projected to exceed market expectations for their 2025 performance, with a forecasted year-on-year increase of 79% in net profit for Q4 2025 [2] - The electric grid equipment ETF tracks the CSI Electric Grid Equipment Theme Index, with key weighted stocks including State Grid NARI (a leader in smart grid technology), TBEA (a core supplier of ultra-high voltage equipment), and Siyi Electric (focused on R&D and manufacturing of electrical equipment) [2]