Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2026-01-26 06:28Core Insights - The article highlights the significant growth in China's new energy storage capacity, which reached 144.7 GW/373.68 GWh by the end of 2025, marking an 85% year-on-year increase and 45 times the capacity at the end of the 13th Five-Year Plan period [1] - The article discusses the performance of the ChiNext New Energy ETF (华夏, 159368), which saw a 2.57% decline, while its constituent stocks, such as GCL-Poly Energy and Dongfang Risheng, experienced notable gains [1] Industry Overview - By the end of 2025, China's new energy storage cumulative installed capacity is projected to reach 144.7 GW/373.68 GWh, reflecting an 85% increase year-on-year [1] - The 14th Five-Year Plan period is expected to see commercial and industrial energy storage move towards marketization, with diverse revenue models emerging [1] - By 2030, China's new energy storage cumulative installed capacity is anticipated to exceed 370 million kilowatts, with an increase in the average discharge duration of storage systems [1] Company Insights - The ChiNext New Energy ETF (华夏, 159368) is the largest ETF tracking the ChiNext New Energy Index, covering various sectors within the new energy and electric vehicle industries, including batteries and photovoltaics [1] - The ETF has high elasticity, with a potential price increase of up to 20%, and features the lowest fees, with a total management and custody fee of only 0.2% [1] - As of January 9, 2026, the ETF's scale reached 646 million yuan, with an average daily trading volume of 69.49 million yuan over the past month, and nearly 90% of its holdings are in energy storage and solid-state batteries, aligning with current market trends [1]