Group 1 - The solid-state battery industry is approaching commercialization, leading to a reconstruction of equipment value due to policy, demand, and technology drivers [1] - The global semi-solid battery equipment market is expected to reach 62.44 billion by 2030, with a CAGR of 59% from 2024 to 2030, while the all-solid-state battery equipment market is projected to reach 45.50 billion, with a CAGR of 159% [1] - The process transformation is significantly enhancing equipment value, with new dry electrode processes in the front-end, a combination of stacking and frame printing in the mid-process, and high-pressure formation in the back-end [1] Group 2 - The Mechanical ETF (516960) tracks a specialized mechanical index (000812) that focuses on the mechanical equipment industry, selecting listed companies with technological advantages and market competitiveness [1] - Investors without stock accounts can consider the Guotai Zhongzheng Specialized Mechanical Equipment Industry Theme ETF Connect A (012516) and Connect C (012517) [1]

华西证券指出，在海内外动力和储能需求持续攀升的带动下，电力设备及电池产业链排产及出货量 有望不断提升，锂电材料价格有望企稳回升。固态电池凭借高能量密度及高安全性优势，成为下一代电 池技术的确定性方向，其产业化进程正加速推进，设备、材料、电池等全产业链环节均有望实现迭代升 级。 机械ETF（516960）跟踪的是细分机械指数（000812），该指数从市场中选取专注于机械设备行业 细分领域的上市公司证券作为指数样本，涵盖专用设备、通用机械等高技术含量领域，以反映专业化机 械制造企业的整体表现。该指数注重成分股的创新能力和市场竞争力，能够体现机械行业内的技术发展 水平和行业趋势。 没有股票账户的投资者可关注国泰中证细分机械设备产业主题ETF联接A（012516），国泰中证细 分机械设备产业主题ETF联接C（012517）。 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不 预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参 考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险 等级相匹配的产品。基金有风 ...

Group 1 - The core viewpoint indicates that the global top ten component suppliers are expected to ship 247.9 GW in the first half of 2025, representing a 10% year-on-year growth, with a domestic market share of 58% and an overseas market share of 42% [1] - TOPCon components have become the mainstream technology route, accounting for over 94% of the market [1] - The photovoltaic industry is currently in a low point reversal period, where companies need to balance scale and profitability while enhancing long-term competitiveness through differentiated competition [1] Group 2 - In the power battery sector, global installed capacity is projected to reach 504.4 GWh in the first half of 2025, marking a 37.3% year-on-year increase, with CATL and BYD together holding a market share of 55.7%, indicating a "stronger stronger" market trend [1] - Hive Energy's installed capacity has surged by 208% year-on-year, leading in growth rate [1] - In the electric equipment sector, the demand for electric meters in the State Grid's 53rd procurement batch in 2025 is expected to increase by 12% year-on-year, while the demand for collection terminals is projected to rise by 80.8%, reflecting ongoing investment in the power grid [1] Group 3 - The Mechanical ETF (516960) tracks a specific mechanical index (000812), which selects listed companies involved in industrial automation and engineering machinery from the Shanghai and Shenzhen markets to reflect the overall performance of the mechanical equipment industry [1] - The index constituents typically possess strong technological innovation capabilities and market competitiveness, focusing on leading companies with growth potential [1]

机械ETF（516960）跟踪的是细分机械指数（000812），该指数聚焦于机械设备行业，从沪深市场中选 取涉及工程机械、工业自动化等子领域的上市公司证券作为指数样本，以反映机械设备相关上市公司证 券的整体表现。指数成分股主要为在各自细分市场具有代表性的企业，风格上偏向成长型，重点关注技 术创新和产业升级。 机械ETF（516960）午后涨超1.0%，政策与技术双轮驱动行业前景。 华西证券指出，工信部印发《2025年度多晶硅行业专项节能监察任务清单的通知》，有望推动硅料环节 能效提升和绿色低碳发展，部分能耗较高、技术落后的产能有望淘汰，行业产能结构得到优化。在新能 源汽车领域，7月交付/销量保持较好增长趋势，随着固态电池等新技术成熟及优质车型供给增加，叠加 以旧换新政策推动，新能源汽车销量有望保持增长，带动产业链稳定向好发展。此外，下游需求提升、 产业链价格企稳修复，有望带动中游环节盈利能力向上。光伏行业方面，组件价格已进入底部区间，部 分竞争格局稳固的辅材环节有望随需求提升率先受益，BC高效产品持续放量有望拉开企业竞争差距。 （文章来源：每日经济新闻） 没有股票账户的投资者可关注国泰中证细分机械设备产业主题 ...

Group 1 - The core viewpoint is that the photovoltaic industry is experiencing price increases in upstream silicon materials, which is driving up the prices of silicon wafers and battery cells, indicating potential short-term rebound in component prices [1] - BC batteries are expected to achieve premium pricing due to their high efficiency, which will enhance corporate profitability [1] - The offshore wind power sector is benefiting from the UK easing auction entry requirements and extending contract terms, which will accelerate global offshore wind project implementation, particularly benefiting domestic leading companies from increased overseas orders [1] Group 2 - The new energy vehicle market is entering a deep penetration phase, with high cost-performance models driving sales growth, and the introduction of new technologies such as fast charging and solid-state batteries injecting vitality into the industry [1] - In the energy storage sector, Gansu has introduced capacity pricing policies to optimize the profitability of long-duration energy storage projects, which have advantages in renewable energy consumption [1] - The demand for AI computing power is driving the need for high power density server power supplies and liquid cooling systems, while the ongoing construction of ultra-high voltage projects provides performance support for equipment manufacturers [1] Group 3 - The Mechanical ETF (516960) tracks a segmented mechanical index (000812) compiled by China Securities Index Co., which selects listed companies in engineering machinery and industrial robotics from the A-share market to reflect the overall performance of high-end manufacturing and automation industries [1] - The index constituents exhibit high growth potential and technological leadership, reflecting the development trend of China's manufacturing upgrade and transformation, with strong attributes of technological innovation [1]

注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示 未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不 构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相 匹配的产品。基金有风险，投资需谨慎。 （文章来源：每日经济新闻） 机械ETF（516960）跟踪的是细分机械指数（000812），该指数由中证指数有限公司编制，从沪深市场 中选取涉及工程机械、工业机器人等领域的上市公司证券作为指数样本，以反映高端装备制造相关上市 公司证券的整体表现。该指数重点覆盖机械制造行业具有代表性的企业，能够较好地体现中国机械制造 业的市场走势和发展水平。 没有股票账户的投资者可关注国泰中证细分机械设备产业主题ETF联接A（012516），国泰中证细分机 械设备产业主题ETF联接C（012517）。 华福证券指出，工信部近期将实施新一轮电力装备等行业稳增长工作方案，推动行业调结构、优供给、 淘汰落后产能，数字化转型成为关注重点。国网三批特高压设备招标结果公示，合计22个标段72个包， 涉及变压器、电容器等关键设备，显 ...

Group 1 - The core viewpoint of the article highlights the development plan for the new quality productivity in the industry from 2025 to 2030, focusing on strategic emerging industries such as aerospace, commercial space, commercial aircraft, and low-altitude economy [1] - The plan emphasizes key common measurement technology research for spacecraft operation, satellite remote sensing and communication, space exploration, intelligent manufacturing of commercial aircraft, and low-altitude aircraft [1] - The low-altitude economy is accelerating, with the number of drone logistics routes in Shenzhen increasing to 301, and the added value of the low-altitude economy industry reaching 21.38 billion yuan, a year-on-year growth of 26.4% [1] Group 2 - The mechanical industry is focusing on the value anchor points in the mass production of humanoid robots, with tactile sensing potentially leading to a trillion-yuan market [1] - Leading companies in the mechanical sector are accelerating their IPO processes [1] - The Mechanical ETF (516960) tracks a segmented mechanical index (000812) that reflects the overall market performance and growth potential of quality enterprises in the mechanical equipment sector [1]