Group 1 - The core viewpoint of the news is that the China Securities Hong Kong Stock Connect Power Equipment Composite Index has shown a recent increase, but has experienced significant declines over the past three months and year-to-date [1][2]. - The index reported a 3.49% increase over the past month, a 17.28% decrease over the past three months, and a 16.27% decline year-to-date [1]. - The index is composed of various sectors within the Hong Kong Stock Connect, reflecting the overall performance of different industry securities [1]. Group 2 - The top ten weighted stocks in the index include Ruipu Lanjun (13.75%), Zhongchuang Innovation (12.96%), Reshaping Energy (12.54%), Shanghai Electric (11.31%), and others, indicating a concentration in a few key companies [1]. - The index's holdings are entirely composed of stocks listed on the Hong Kong Stock Exchange, with a 100% allocation [1]. - The industry composition of the index shows that batteries account for 47.01%, photovoltaic equipment for 28.74%, other power generation equipment for 17.00%, wind power equipment for 6.42%, and battery components and materials for 0.82% [2].

电力及公用事业 分析师：陈拓 登记编码：S0730522100003 chentuo@ccnew.com 板块防御性突出，水电业绩恒强 证券研究报告-行业专题研究 强于大市(维持) 电力及公用事业相对沪深 300 指数表现 相关报告 《电力及公用事业行业月报：一季度核电、水 电发电量同比正增长，核电机组核准节奏加 速》 2025-04-28 《电力及公用事业行业点评报告：核电核准节 奏加速，长期关注核电运营商》 2025-04-28 《电力及公用事业行业月报：前两月风电发电 量增速加快》 2025-03-26 本报告版权属于中原证券股份有限公司 www.ccnew.com 请阅读最后一页各项声明 第1页 / 共19页 ——电力及公用事业行业 2024 年年报及 2025 年一 季报总结 发布日期：2025 年 05 月 21 日 联系人：李智 -14% -10% -6% -1% 3% 7% 12% 16% 2024.05 2024.09 2025.01 2025.05 电力及公用事业 沪深300 资料来源：中原证券研究所，聚源 电话： 0371-65585629 地址： 郑州郑东新区商务外环路10号18 楼 ...