8月15日，A股三大指数集体上涨，电路板、光刻机、电源设备等概念强势上涨，截至10点27，全 市场唯一的电网设备ETF（159326）涨幅1.81%，持仓股东材科技、平安电工涨停，金盘科技涨超7%， 东方电缆、三晖电气、华通线缆、明阳电气等股跟涨。 近期，雅鲁藏布江下游水电工程开工，电力以外送消纳为主，为实现高效外送，从水电站到负荷中 心，需要建设一系列特、超高压直流输电线路及配套变电站等设施。这一过程将涉及大量电网设备的采 购与安装，包括变压器、开关设备、线缆等。 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 电网设备ETF（159326），是全市场唯一跟踪中证电网设备主题指数的ETF，从申万三级行业分类 上看，指数成分股的行业分布以输变电设备、电网自动化设备、线缆部件及其他、通信线缆及配套、配 电设备为主，拥有较强的代表性。特高压权重占比高达62%，全市场最高。 银河证券认为 ...

7月22日午后，A股三大指数集体拉升，受消息面催化，雅江水电站概念涨超10%，相关概念股五新隧 装、铁建重工、筑博设计、深水规院、保利联合、凯龙股份、西宁特钢等批量涨停。基建、电网设备等 相关主题ETF涨幅居前，截至13点17分，基建50ETF（159635）涨幅3.34%，电网设备ETF（159326）涨 幅1.65%，绿电ETF（562550）涨幅0.82%。 消息面，雅鲁藏布江下游水电工程开工仪式7月19日上午在西藏自治区林芝市举行。工程将建设5座梯级 电站，总投资约1.2万亿元，发电量相当于3个三峡，是人类历史上最大的水电站项目。 基建方面，光大证券认为，雅鲁藏布江下游水电开发作为我国"十四五"重大工程项目，建设资金有保 障，项目逐步推进也将有效拉动我国基建投资增速。 输变电设备方面，华泰证券表示，雅江下游项目以外送为主的电力消纳需求推动特、超高压直流线路建 设，设备投资或达500亿元，利好国电南瑞、中国西电、平高电气、许继电气等电网设备龙头。 相关产品： 基建50ETF（159635）：跟踪中证基建指数，覆盖基础建设、专业工程、工程机械、运输设备等行业， 建筑+工程机械权重超95%。 电网设备ETF ...

Group 1 - The A-share market showed mixed performance on July 22, with the power sector receiving significant positive news due to the commencement of the largest hydropower project in history, attracting capital attention towards infrastructure and power grid equipment [1] - The Yarlung Tsangpo River downstream hydropower project, which began construction on July 19, involves the establishment of five cascade power stations with a total investment of approximately 1.2 trillion yuan, generating power equivalent to three Three Gorges projects [1] - Galaxy Securities anticipates that due to the high difficulty of the Yarlung project and uncertainties related to interest rates, actual investment may exceed initial estimates, with a potential increase of 5%, and the investment in power transmission and transformation could reach between 189 billion to 315 billion yuan [1] Group 2 - The Electric Grid Equipment ETF (159326) is the only ETF tracking the China Securities Electric Grid Equipment Theme Index, focusing on capturing growth opportunities in new power system construction and power reform [2] - The index's constituent stocks are primarily distributed across the transmission and transformation equipment, grid automation equipment, cable components, communication cables, and distribution equipment sectors, with a combined weight of 88.9%, indicating strong representativeness [2]

Core Viewpoint - A-shares indices rose collectively on July 21, driven by significant positive news, particularly in sectors like water conservancy, hydropower construction, and major infrastructure projects [1] Group 1: Market Performance - As of 10:32 AM, the Electric Grid Equipment ETF (159326) increased by 2.35%, with key holdings such as Ankao Zhidian and Guodian Nanzi reaching their daily limit, and Yongfu Co. rising over 12% [1] - Other stocks in the sector, including Xujin Electric, Pinggao Electric, and China West Electric, also experienced gains [1] Group 2: Project Announcement - On July 19, the construction of the Yarlung Tsangpo River downstream hydropower project commenced, involving the development of five tiered power stations with a total investment of approximately 1.2 trillion yuan [1] - This project is expected to stimulate infrastructure development in the Tibet Autonomous Region and reshape China's energy landscape [1] Group 3: Industry Outlook - The Electric Grid Equipment ETF is the first of its kind in the market, tracking the China Securities Electric Grid Equipment Theme Index, focusing on high-voltage power and smart grid construction [1] - According to Hualong Securities, the electric power industry is expected to maintain a positive trend into the second half of 2025, with domestic onshore wind installations projected to reach 100 GW [1] - Anticipated investments from the State Grid are expected to exceed 650 billion yuan by 2025, with both domestic and overseas demand likely to drive growth in the power equipment sector [1]