Core Viewpoint - The A-share market experienced a reversal on October 24, with a pullback in coal and oil sectors while technology and new energy sectors rebounded strongly. The Battery 50 ETF (159796) saw significant inflows, indicating a strong return of capital to the battery sector [1][4]. Market Performance - As of 10:22 AM, the Battery 50 ETF (159796) rose over 2%, with a trading volume exceeding 240 million yuan and attracting over 69 million yuan in inflows [1]. - Key stocks in the battery sector showed strong performance, with Sunshine Power up over 6%, CATL up over 2%, and other stocks like XINWANDA and Sienlead also gaining [4][6]. Company Updates - Sunshine Power announced a target of 40-50 GWh for energy storage shipments this year, maintaining confidence in achieving this goal. The company has established long-term strategic partnerships with several leading battery cell manufacturers [2][3]. - CATL reported a 36% increase in net profit, reflecting strong performance in the battery sector [5]. Industry Trends - The battery sector is witnessing a significant increase in demand, particularly in energy storage and electric vehicles, with September battery production and sales showing year-on-year growth of 35.4% and 42.2%, respectively [6]. - The solid-state battery technology is advancing rapidly, with plans for mass production expected to begin around 2027, indicating a substantial growth opportunity for the battery sector [7][8]. Investment Opportunities - The Battery 50 ETF (159796) is highlighted as a leading option for investors, with a focus on energy storage and solid-state battery technologies, which are expected to benefit from strong market demand and technological advancements [8][10]. - The ETF's index has a high concentration of energy storage (25%) and solid-state battery (44%) components, positioning it well to capitalize on emerging trends in the battery market [8][10].

9月10日，电池板块早盘低开低走，截至10:47，同类规模领先、费率最低档的电池50ETF（159796）跌超2%，资金逢跌汹涌布局，电池50ETF（159796）盘 中再获7.32份净申购，此前已经连续9日累计吸金超23亿元！最新规模已经强势突破40亿元，高居同类榜首！ 近期，中国锂电设备企业海外"爆单"的趋势愈发明显，在2025年上半年，赢合科技、先导智能等企业，其锂电业务海外销售收入占同期营收的比重均已超过 30%。订单的激增并非简单的产能平移，其背后是更深层次的行业逻辑。首先，需求的可持续性建立在技术迭代之上。高比能、快充、大圆柱等新型电池的 开发，使得部分旧产线无法满足生产要求，催生了设备更新的需求。头部电池厂商为保持竞争优势，也在持续进行效率提升、工艺升级和产能结构调整。其 次，海外建厂的中国电池企业正在深化其全球布局。据高工锂电了解，有头部电池企业正规划将海外的模组及PACK产线，进一步升级为技术更复杂的电芯 产线。相较于电池订单海外抢装，锂电设备的海外渗透，亦更能反应需求增长的中长期逻辑和可延续性。 【基本面修复：电池环节盈利能力稳定，多数环节现金流环比均实现转正】 中信证券指出，电池端，20 ...

9月5日早盘，锂电池板块今日集体爆发，带动相关ETF全线走高，其中，电池ETF嘉实（562880）、电 池ETF（561910）、电池50ETF（159796）均大涨超7%。 ...

Core Viewpoint - The lithium battery sector experienced a significant surge on September 5, with related ETFs rising sharply, indicating strong market interest and potential investment opportunities in this industry [1]. Group 1 - The lithium battery sector collectively exploded, leading to a notable increase in related ETFs [1]. - The battery ETFs, including Jiashi ETF (562880), Battery ETF (561910), and Battery 50 ETF (159796), all surged over 7% [1].

Group 1 - The solid-state battery concept stocks experienced significant fluctuations, with Jieban Technology reaching a new high during the trading session [1] - Hangke Technology saw an increase of over 15%, while XianDao Intelligent, Zhongyi Technology, and BetterRay rose by more than 10% [1] - Other companies such as Mengguli, Changyang Technology, Putailai, Yinghe Technology, and Xianhui Technology also showed upward trends [1] Group 2 - In the related ETF market, the Lithium Battery ETF (561160) increased by 1.02% with a trading volume of 11.4832 million yuan [1] - The Battery 50 ETF (159796) rose by 0.72%, with a trading volume of 22.6899 million yuan [1]

Group 1 - The lithium mining sector experienced a sudden surge on August 11, with the Battery 50 ETF (159796) rising by 2.79% and attracting over 3 million yuan in inflows [1] - The top ten constituent stocks of the Battery 50 ETF showed significant gains, with New Era Technology rising over 16% and Hunan YN Energy increasing by over 9% [3] - Lithium carbonate futures reached their limit up within the first five minutes of trading, indicating strong market sentiment [1][3] Group 2 - CATL announced that its mining rights for the Jiangxia Wokou area expired on August 9, leading to a suspension of mining operations, which raises supply concerns [4] - Supply disruptions in Jiangxi and Qinghai could impact over 100,000 tons of annual lithium production, potentially tightening the market [5] - The lithium price is currently at a bottom range, with upward elasticity expected as production cuts from Australian mines may occur if prices fall to 70,000-80,000 yuan [6] Group 3 - Demand for lithium is expected to remain strong due to the robust growth in the electric vehicle and energy storage sectors, with a 219.1% year-on-year increase in energy storage demand in the first half of the year [5] - The overall balance of the lithium market is projected to tighten, with potential upward adjustments in equilibrium prices due to supply constraints [5][6]

4月25日，同类规模最大且是最低费率的电池50ETF（159796）震荡上行，当前涨0.75%。从技术分析来看，MACD白线上冲，红柱逐渐放大， 释放积极信号。 电池50ETF（159796）标的指数成分股涨多跌少，阳光电源涨超3%，科华数据、南网储能等涨超2%，三花智控、科达利涨超1%，宁德时代、 上能电气等震荡。 消息面上，据能源局发布，3月光伏新增装机20.24GW，同比+124%。截至2025 年3月底，光伏装机容量9.5 亿千瓦，同比增长43.4%。2025 年 1-3月，国内光伏新增装机59.71GW，同比+31%。 电池行业兼具周期性与成长性特征，当前从成长性来看，电池板块新品、新技术密集发布，产业链加速推陈出新，技术革新引领行业快速发 展。从周期性来看，2025年1季度动力电池供需两旺，产销量、装车量均同比高增，储能电池行业向主动储能转变，格局有望改善。看好电池 板块技术突破以及困境反转信号逐渐清晰带动的板块估值重塑机遇，认准低费率的电池50ETF（159796）。 交银国际表示，2025年1季度电池供需两旺，动力电池装车量同比增52.8%。根据中国汽车动力电池产业创新联盟数据，1Q25，中国 ...