Core Insights - The A-share market experienced fluctuations with the electric grid equipment ETF (159326) rising by 0.48% and trading volume exceeding 190 million yuan, indicating strong market interest in this sector [1] - Huawei showcased new features of its smart substation solutions at the Asia-Pacific Electric Power Conference, emphasizing the relationship between AI and power [1] - A recent policy document from the Central Committee outlines goals for carbon reduction and the development of a new energy system, which is expected to benefit companies in the energy storage, wind power, and electric grid sectors [1] Industry Summary - The electric grid equipment ETF (159326) is the only ETF tracking the China Securities Electric Grid Equipment Theme Index, covering key sectors such as transmission and transformation equipment, grid automation, and distribution equipment, with a significant focus on ultra-high voltage [1] - The ETF has a high weight of 63% in ultra-high voltage-related stocks, the highest in the market, and includes leading companies such as Guodian NARI, TBEA, and Sifang Electric [1]