Group 1 - The electric grid equipment industry has shown stable performance recently, outperforming the market overall [1] - Demand in the electric grid equipment sector continues to grow steadily due to ongoing national policy support for renewable energy and smart grid construction [1] - The industry's valuation is at historical median levels, with leading companies benefiting from order growth and capacity release, indicating strong earnings certainty [1] Group 2 - The electric grid ETF (561380) tracks the Hang Seng A-share Electric Grid Equipment Index (HSCAUPG), which selects listed companies involved in power transmission, distribution, and control equipment manufacturing [1] - This index reflects the overall performance of high-quality enterprises within the electric grid equipment sector, showcasing distinct industry characteristics and growth potential [1] - Investors without stock accounts can consider the Guotai Hang Seng A-share Electric Grid Equipment ETF Initiator Link A (023638) and Link C (023639) [1]

Group 1 - The electric grid ETF (159320) has shown a strong performance, increasing by 3.64% and achieving a four-day winning streak, with significant gains from constituent stocks such as Xinyi (up over 13%) and Hangang Steel (limit up) [1] - As of August 12, 2025, the electric grid ETF has seen a net value increase of 20.01% over the past six months, ranking 272 out of 3525 in the index stock fund category, placing it in the top 7.72% [1] - The electric grid ETF closely tracks the Hang Seng A-share Electric Grid Equipment Index, which reflects the performance of mainland listed companies related to electric grid equipment [1] Group 2 - The top ten weighted stocks in the Hang Seng A-share Electric Grid Equipment Index account for 56.25% of the index, with Xinyi (300502) being the largest contributor [2] - Xinyi has announced an expected net profit for the first half of 2025 ranging from 370 million to 420 million yuan, representing a year-on-year growth of 327.68% to 385.47% [2] - The electric grid equipment industry has shown stable performance, outpacing the broader market, supported by national policies favoring renewable energy and smart grid construction [3] Group 3 - The electric grid equipment industry is experiencing stable growth in demand, with historical valuation levels and strong performance from leading companies benefiting from order growth and capacity release [3] - The industry has made progress in technological upgrades and international expansion, indicating a positive long-term growth potential [3]