Core Viewpoint - The A-share market shows a significant increase in trading sentiment, particularly in the photovoltaic sector, with strong performance in photovoltaic glass, inverters, and rooftop solutions, leading to heightened trading activity in the photovoltaic-themed ETF [1] Group 1: Market Performance - The photovoltaic ETF (515790) recorded a trading volume of 1.455 billion yuan, a substantial increase of 342% compared to the previous trading day's volume of 329 million yuan [1] - Over the past seven trading days, the photovoltaic ETF has attracted a total of 1.68 billion yuan in capital, increasing its latest share count to 16.491 billion and total scale to 11.292 billion yuan, representing year-to-date growth of 38% and 25% respectively [1] Group 2: Industry Developments - The Central Financial Committee's sixth meeting on June 1, 2025, addressed long-standing issues in the photovoltaic industry, such as "involution" and "disorderly competition" [1] - Leading photovoltaic glass companies have proactively announced a 30% production cut starting in July to promote supply-side reform in the industry [1] - The Ministry of Industry and Information Technology emphasized these issues during a photovoltaic industry seminar on July 3 [1] - Recent high temperatures in multiple regions of China have led to a rapid increase in electricity load, which is expected to drive expansion in photovoltaic demand [1] Group 3: ETF Characteristics - The photovoltaic ETF (515790) closely tracks an index that covers the entire photovoltaic industry, selecting up to 50 representative companies, with the top five constituents being leading firms in the sector [2] - It is the only photovoltaic-themed ETF with a scale exceeding 10 billion yuan, with an average daily trading volume of 863 million yuan over the past week, indicating significant liquidity [2] - The latest fund report shows that over 220,000 investors hold the ETF, making it a key tool for capitalizing on the high-quality development opportunities in the photovoltaic industry [2]