As of 14:16 on December 4, 2024, the photovoltaic ETF Ping An (516180) retreated and fell more than 2%, with the latest price of 0.68 yuan, and the intraday turnover has reached 5.0353 million yuan, with a turnover rate of 7.38%. The CSI PV Industry Index (931151), which tracks the index, fell 2.55%. In terms of constituents, Risen Energy (300118) led the decline by 8.90%, Follett (601865) fell by 4.27%, Trina Solar (688599) fell by 4.25%, JA Solar (002459) fell by 4.20%, and Tongwei (600438) fell by 3.82%.

In the long run, as of December 3, 2024, the PV ETF Ping An has risen by 3.41% in the past 1 week.

On the news side, in order to better discuss the development, development direction and path of the global and photovoltaic market under the new situation, and promote industry exchanges and communication, the China Photovoltaic Industry Association held the "2024 Photovoltaic Industry Annual Conference" in Yibin City, Sichuan Province from December 4 to 6, 2024. The conference will also hold a seminar on the development of photovoltaic supply chain, a seminar on the development of photovoltaic innovation and application, and various special conference activities.

At the 2024 Annual Conference of the Photovoltaic Industry "Sub-session 1: Seminar on the Supporting Development of the Photovoltaic Supply Chain", Guojin Securities said that it is expected that the new installed capacity of photovoltaic will maintain a growth rate of about 10%-15% in 2025, and the demand for photovoltaic modules is expected to increase to 650-700GWp. In the context of the sharp decline in the cost of photovoltaic storage system, it is expected that the regional distribution of new photovoltaic installed capacity will continue to diversify, China, Europe, and the United States The growth rate of the three traditional markets will gradually stabilize due to the large volume, while the Middle East, Central Asia, South Asia, Latin America, Africa and other regions are expected to achieve rapid growth under a low base due to factors such as energy transformation and sunshine resource advantages.

Investors can take advantage of the photovoltaic ETF Ping An (516180) and the new materials ETF Ping An (516890) to grasp investment opportunities in related industries.

The PV ETF closely tracks the CSI Photovoltaic Industry Index, which selects no more than 50 of the most representative securities of listed companies from the securities of listed companies whose main business involves the upstream, midstream and downstream of the photovoltaic industry chain as the index sample to reflect the overall performance of the securities of listed companies in the photovoltaic industry.

According to the data, as of October 31, 2024, the top ten weighted stocks of the CSI Photovoltaic Industry Index (931151) are Sungrow Power Supply (300274), LONGi Green Energy (601012), TCL Technology (000100), Tongwei (600438), TBEA (600089), TCL Zhonghuan (002129), JA Solar (002459), JinkoSolar (688223), Trina Solar (688599), Chint Electric (601877), the top ten weighted stocks accounted for 60.51%.

The CSI New Materials ETF selects 50 securities of listed companies whose business involves basic materials such as advanced steel, non-ferrous metals, chemicals, inorganic non-metals, and key strategic materials as the index sample to reflect the overall performance of the securities of listed companies with new materials theme.

According to the data, as of October 31, 2024, the top ten weighted stocks of the CSI New Materials Theme Index (H30597) are CATL (300750), North Huachuang (002371), LONGi Green Energy (601012), Wanhua Chemical (600309), Tongwei (600438), Sanhuan Group (300408), San'an Optoelectronics (600703), Huayou Cobalt (603799), TCL Zhonghuan (002129), Shanghai Silicon Industry (688126), the top ten weighted stocks accounted for 54.85% of the total.

Related Products:

Photovoltaic ETF Ping An (516180), Ping An Photovoltaic Index Fund (Class A: 012722; Category C: 012723);

New Materials ETF Ping An (516890).