Core Viewpoint - The A-share new energy sector experienced a strong rally on September 29, driven by the lithium battery theme ETF, which became the leading performer among stock ETFs for the day [1][3]. Group 1: ETF Performance - The largest battery ETF saw an intraday increase of over 4%, reaching a nearly three-year high, and closed with a gain of 4.87%, with a trading volume exceeding 1.5 billion yuan [1][3]. - Multiple battery ETFs recorded gains of over 4%, with the GF Battery ETF standing out, having a market share exceeding 12 billion yuan [3]. - The overall performance of the new energy industry chain was robust, with several related ETFs also achieving gains above 4% [2][3]. Group 2: Market Dynamics - The new energy sector's surge is attributed to policy incentives, technological breakthroughs, and a reversal in the industry cycle, leading to accelerated industrialization [2][8]. - The electric equipment industry index outperformed all other sectors, with a monthly increase of nearly 20%, significantly ahead of the second-placed electronics sector [5]. - New energy theme funds have shown outstanding performance, with several battery-themed index funds recording net value increases exceeding 30% in September [6]. Group 3: Investment Sentiment - The current rally in the new energy sector is driven by a combination of policy catalysts and growth expectations, with international demand for Chinese new energy products increasing [7][8]. - Investors are increasingly interested in the new energy supply chain, spurred by technological advancements that lower costs and enhance competitiveness [8]. - Fund flow data indicates a strong preference for new energy ETFs, with several battery-related ETFs ranking high in terms of share growth [8]. Group 4: Future Outlook - The new energy supply chain is expected to see positive changes by 2026, with a focus on leading companies with technological and scale advantages [9]. - The market is shifting from a focus on certainty to prioritizing growth potential, with emerging sectors like new consumption and AI hardware gaining attention [9].