As of 13:51 on April 7, 2025, the CSI Photovoltaic Industry Index (931151) fell by 11.55%. In terms of constituent stocks, Robotec (300757) led the decline by 20.00%, Sineng Electric (300827) fell by 19.99%, Gaoce (688556) fell by 19.34%, GoodWe (688390) fell by 18.31%, and Jinlang Technology (300763) fell by 18.19%. Photovoltaic ETF Fund (516180) fell 9.93%, the latest price was 0.53 yuan, and the intraday turnover has reached 3.2164 million yuan, with a turnover rate of 5.59%.

As of 13:54 on April 7, 2025, the CSI New Materials Theme Index (H30597) fell by 8.50%. In terms of constituent stocks, Hunan Yuneng (301358) led the decline by 17.81%, Tianyue Advanced (688234) fell by 16.46%, Tianneng shares (688819) fell by 15.92%, Tianhua Xinneng (300390) fell by 15.85%, and beiteri (835185) fell by 15.47%. The new materials ETF index fund (516890) fell 8.45%, the latest price was 0.47 yuan, and the intraday turnover has reached 1.5397 million yuan, with a turnover rate of 6.86%.

In the long run, as of April 3, 2025, the new materials ETF index fund has risen by 4.30% in the past three months.

On the news side, in 2025, the photovoltaic industry will continue to show vigorous development vitality in the context of global energy transition, even if it faces challenges such as short-term capacity fluctuations caused by policy adjustments in some regions and technology iteration, the overall upward trend is still obvious. According to incomplete statistics from industry media, since the beginning of the year, 13 photovoltaic companies have signed "big orders" one after another, involving an amount of more than 30 billion yuan. From the perspective of the industry, the signing of large orders indicates that the market demand continues to be strong, encouraging more enterprises to devote themselves to technological innovation and optimize the industrial layout, thereby promoting the entire photovoltaic industry to move towards a more efficient and sustainable direction.

Guojin Securities believes that the implementation of reciprocal tariffs in the United States will further release the trade policy risks of the optical storage sector, the profits of the U.S. market barriers will last for a long time, and the enterprises with advantages in international layout will meet the opportunity of the bottom layout; The price of photovoltaic glass in April rose by 0.5 yuan / square meter, which is the most ideal state to drive the profits of leading enterprises to gradually enter the comfort zone, while the impulse of second- and third-tier enterprises to put into production/resume production is still suppressed.

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

The

PV ETF fund 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 March 31, 2025, the top ten weighted stocks of the CSI Photovoltaic Industry Index (931151) are LONGi Green Energy (601012), Sungrow Power Supply (300274), TCL Technology (000100), TBEA (600089), Tongwei (600438), TCL Zhonghuan (002129), JinkoSolar (688223), Chint Electric (601877), Deye (605117), JA Solar Technology (002459), the top 10 weighted stocks together accounted for 55.78%.

The

CSI New Materials ETF Index Fund closely tracks the CSI New Materials Thematic Index, which selects 50 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 themes.

According to the data, as of March 31, 2025, the top ten weighted stocks of the CSI New Materials Theme Index (H30597) are CATL (300750), North Huachuang (002371), Wanhua Chemical (600309), LONGi Green Energy (601012), Sanhuan Group (300408), Tongwei (600438), Huayou Cobalt (603799), San'an Optoelectronics (600703), GEM (002340), Baofeng Energy (600989), the top ten weighted stocks accounted for 52.75%.

Related Products:

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

New Materials ETF Index Fund (516890).