刚刚闭幕的中央经济工作会议，以及前不久党的二十届四中全会，都对"十五五"时期加快构建新发展格 局，着力推动高质量发展作出战略部署，为金融强国、资本市场高质量发展赋予新使命、明确新方向。 作为资本市场的重要机构投资者，公募基金是连接实体经济与居民财富的关键纽带，其发展成效直接关 系到金融强国建设的成色和中国式现代化的推进质效。 金融赋能新质生产力发展 中央经济工作会议指出，"因地制宜发展新质生产力""坚持创新驱动，加紧培育壮大新动能""创新科技 金融服务"。新质生产力的核心是科技创新，而科技创新具有投入大、周期长、风险高的特征，迫切需 要长期资本的精准赋能。作为专业机构投资者，公募基金须当好"耐心资本"，做时间的朋友，做创新的 伙伴，助力 "长钱长投"市场生态建设。 华夏基金秉承"研究创造价值"的投资理念，坚持价值投资、长期投资，构建适应新质生产力的投研体 系，未来将更多地关注技术壁垒、研发投入、产业链地位等长期成长要素，鼓励投研人员深入产业链一 线，发掘具备核心技术、代表中国未来竞争力的优质企业，力争发挥桥梁纽带作用，形成对新质生产力 的长期稳定支持。华夏基金前期还成立了第一家公募基金股权子公司，后续将持续挖 ...

Group 1: Market Overview - The electric equipment sector received a net inflow of nearly 30 billion yuan, ranking first among 31 Shenwan primary industries [1] - The green energy ETF (562010) surged, with an intraday increase of 4.19%, currently up 2.82% [1][4] - Key stocks in the green energy sector include Tianqi Materials, which hit the daily limit, and Tianhua New Energy, which rose over 16% [1][4] Group 2: Lithium and Battery Materials - Lithium hexafluorophosphate prices are fluctuating daily, with some market quotes reaching 150,000 yuan per ton, doubling since mid-October [3] - The demand for energy storage batteries and most lithium battery materials has shown signs of tightening supply, indicating a potential turning point for profitability in the lithium battery supply chain [3] Group 3: Technological Advancements - Significant progress has been made in perovskite LED technology, achieving an efficiency of 45.5% [3] - Analysts suggest that the maturation of perovskite battery technology will lay a solid foundation for large-scale commercialization by 2025 [3] Group 4: Policy Developments - The National Energy Administration issued guidelines to promote the integrated development of renewable energy, aiming for enhanced market competitiveness by 2030 [3] - A joint directive from the National Development and Reform Commission and the National Energy Administration aims to establish a multi-level renewable energy consumption and regulation system [3] Group 5: Investment Opportunities - The top ten weighted stocks in the green energy ETF include major players like CATL, Sungrow Power, and BYD [5] - The smart electric vehicle ETF (516380) focuses on both electrification and intelligent automotive technologies, presenting long-term investment opportunities in the electric and smart vehicle sectors [5]

Core Viewpoint - The green energy sector is leading the market, with the green energy ETF (562010) showing strong technical momentum and a price increase of over 2.2% at one point, currently up 1.15% [1] Group 1: Stock Performance - Major stocks in the green energy ETF include Maiwei Co., which rose over 5%, and Aters, which increased by more than 4% [3] - The top ten stocks in the ETF are primarily from the electric equipment sector, with significant gains observed across various companies [3] Group 2: Policy and Market Outlook - The National Development and Reform Commission and the Energy Administration have issued guidelines to promote the consumption and regulation of new energy, aiming to establish a multi-level consumption regulation system by 2030 [3] - Huatai Securities indicates that the construction of a new power system is essential for ensuring power safety and clean supply, which will drive demand for source network and supply chain equipment [3] Group 3: Technological Advancements - A perovskite solar cell with over 27% efficiency has been successfully developed, with expectations for large-scale commercialization by 2025 as leading companies ramp up production [4] - The upcoming 2025 China International Photovoltaic and Energy Storage Industry Conference is anticipated to highlight the potential of the green energy sector [4] Group 4: ETF Composition - The green energy ETF (562010) passively tracks the green energy index, with the top three sectors being batteries, photovoltaic equipment, and electricity, collectively accounting for over 75% of the index weight as of the end of October [4]

Core Viewpoint - The battery sector is experiencing a significant surge, particularly in upstream materials, with the green energy ETF (562010) showing a notable increase in market performance [1][6]. Group 1: Market Performance - The green energy ETF (562010) reached an intraday increase of 2.22%, currently up 1.25%, marking a three-day consecutive rise [1]. - Leading stocks in the battery chemical sector saw substantial gains, with Tianhua New Energy rising over 16% and Tianci Materials approaching a 9% increase [3][5]. Group 2: Stock Performance - The top-performing stocks include: - Tianhua New Energy: +16.60% with a market cap of 33.4 billion [5]. - Tianci Materials: +8.93% with a market cap of 83.47 billion [5]. - New Zobang: +8.71% with a market cap of 41.8 billion [5]. - Hunan Yuyuan: +8.71% with a market cap of 62.4 billion [5]. - Daqian Energy and Tongwei Co. both saw increases of over 6% [3][5]. Group 3: Market Dynamics - The global energy storage trend is driving demand, with lithium hexafluorophosphate prices surging, indicating a supply-demand imbalance [5][6]. - The "14th Five-Year Plan" emphasizes the strategic management of phosphate resources, enhancing the resource barriers for existing companies [6]. Group 4: Future Outlook - East Wu Securities reports a 10% increase in battery production in October, with expectations for a slight rise in November, driven by strong energy storage demand [6]. - The green energy ETF primarily tracks the battery, photovoltaic equipment, and electric power sectors, which collectively account for over 75% of the index's weight [6].

Core Viewpoint - The Green Energy ETF (562010) opened at a decline of 0.88%, priced at 1.015 yuan, indicating a challenging market environment for green energy investments [1] Group 1: ETF Performance - The Green Energy ETF (562010) has a performance benchmark of the CSI Green Energy Index return rate, managed by Hua Bao Fund Management Co., Ltd. [1] - Since its establishment on December 16, 2022, the fund has achieved a return of 2.68%, with a one-month return of 2.42% [1] Group 2: Major Holdings Performance - Major stocks within the Green Energy ETF include: - Contemporary Amperex Technology Co., Ltd. (CATL) opened with a gain of 0.33% - BYD Co., Ltd. experienced a decline of 0.23% - Changjiang Electric Power Co., Ltd. fell by 0.11% - Sungrow Power Supply Co., Ltd. increased by 0.73% - EVE Energy Co., Ltd. decreased by 0.18% - LONGi Green Energy Technology Co., Ltd. remained unchanged - Huayou Cobalt Co., Ltd. dropped by 0.67% - Ganfeng Lithium Co., Ltd. remained unchanged - Lead Intelligent Equipment Co., Ltd. rose by 0.15% - Tongwei Co., Ltd. remained unchanged [1]

Group 1 - Over 12.3 billion in main funds flowed into the power equipment sector, making it the top sector among 31 Shenwan primary industries [1] - The only ETF tracking the green energy index saw a peak increase of over 1.4% before dropping 0.38%, reaching a high not seen since February 2023 [1] - Key stocks such as Enjie, Yongxing Materials, and New Zoubang saw significant gains, with New Zoubang rising over 11% and Beiterui increasing by more than 9% [1] Group 2 - The "14th Five-Year Plan" emphasizes accelerating the construction of a new energy system and achieving carbon peak by 2030, with leading companies like CATL and Sungrow expected to benefit [3] - The photovoltaic industry is entering a critical bottom phase, with expectations for a new era led by major players, focusing on supply control and enhancing global competitiveness [3] - Lithium hexafluorophosphate prices have doubled from under 50,000 yuan/ton in August to 105,000 yuan/ton by October 30, impacting pricing strategies for electrolyte products [3] Group 3 - Dongwu Securities highlights a strong demand for lithium batteries, with production and sales expected to rise significantly, particularly in Europe and global energy storage [4] - The battery sector is projected to exceed market expectations by 2026, with first-tier profitability improving and second-tier profitability reaching a turning point [4] - The solid-state battery sector is anticipated to see increased demand due to advancements in AI, with multiple catalysts expected to emerge in Q4 [4] Group 4 - The green energy ETF (562010) passively tracks the green energy index, with top ten weighted stocks including CATL, BYD, and Longi Green Energy [4]

ETF Industry News Summary Group 1: Market Performance - The three major indices experienced fluctuations and declines, with the Shanghai Composite Index down by 1.25%, the Shenzhen Component Index down by 2.83%, and the ChiNext Index down by 4.25% [1] - Several ETFs in the power equipment sector saw gains, including the Green Energy ETF (562010.SH) up by 3.46%, the Sci-Tech Innovation Board New Energy ETF (588960.SH) up by 3.03%, and the Photovoltaic Leader ETF (159609.SZ) up by 2.06% [1] - In contrast, multiple ETFs in the computer sector declined significantly, with the Artificial Intelligence ETF (515980.SH) down by 9.10%, the Cloud 50 ETF (560660.SH) down by 8.73%, and another Artificial Intelligence ETF (159819.SZ) down by 8.11% [1] Group 2: Sector Insights - Guojin Securities noted that the semi-annual reports of companies in the solar storage sector further validate the price and profit bottoming of the photovoltaic industry chain, indicating a suitable window for bottom-fishing in the cycle [2] - The report suggests focusing on companies with solid main business operations, stable financial conditions, and capabilities to extend into electronic semiconductors, robotics, and AI computing power, primarily in photovoltaic equipment, auxiliary materials, inverters, and energy storage [2] Group 3: ETF Trends - A significant number of private equity firms have been redeeming cross-border ETFs, with 365 ETFs having private equity as one of their top ten holders, totaling 6.147 billion shares across 232 private equity managers [3] - The gold-related ETFs have performed exceptionally well this year, with gold stock ETFs gaining over 60% and gold ETFs averaging a 30% return [4] - As of September 3, gold prices reached historical highs, with London gold hitting $3546.9 per ounce and COMEX gold touching $3616.9 per ounce, contributing to the strong performance of gold ETFs [4] Group 4: ETF Category Performance - Among different ETF categories, bond ETFs showed the best performance with an average increase of 0.08%, while thematic stock index ETFs had the worst performance with an average decline of 3.09% [10] - The top-performing ETFs today included the Green Energy ETF (562010.SH), Sci-Tech Innovation Board New Energy ETF (588960.SH), and Photovoltaic Leader ETF (159609.SZ), with respective gains of 3.46%, 3.03%, and 2.06% [12][13] Group 5: Trading Volume - The top three ETFs by trading volume were the ChiNext ETF (159915.SZ) with a trading volume of 9.856 billion yuan, the Sci-Tech 50 ETF (588000.SH) with 7.928 billion yuan, and the CSI 300 ETF (510300.SH) with 6.352 billion yuan [15][16]