Group 1 - The core viewpoint of the news highlights the ongoing cooperation between China and the US in the field of electric grid equipment, as evidenced by the joint statement from the Sino-US Stockholm Economic and Trade Talks on August 8, 2025 [1] - Data indicates that the total export value of transformers reached a historical high of 5.65 billion yuan in June, representing a year-on-year increase of 47.8%, reflecting the sustained growth in overseas demand for electric grid equipment [1] - 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 systems, and related equipment manufacturing, aiming to reflect the overall performance of the electric grid equipment industry [1] Group 2 - The index constituents cover key areas of energy infrastructure, focusing on the power network construction and technology upgrade supply chain, showcasing distinct industry representation and specialization [1] - Investors without stock accounts can consider the Cathay Hang Seng A-share Electric Grid Equipment ETF Initiated Link A (023638) and Cathay Hang Seng A-share Electric Grid Equipment ETF Initiated Link C (023639) [1]