236 billion scale hits a new high! Power Grid Equipment ETF (159326) rises 1.88%, the purest power grid product in the entire market

On March 2nd, the A-share market showed a pattern of “opening lower with oscillation and structural differentiation.” As of 11:14 AM, the Power Grid Equipment ETF (159326) performed outstandingly, rising 1.88%. Over the past six days, funds have continued to flow into it, with the latest size reaching 23.649 billion yuan, setting a new record high. Among its constituent stocks, Pary股份 led the gains with a 9.20% increase, while Hengtong Optoelectronics and Zhiyang Innovation rose over 7%. Core holdings such as Sifang Co., Ltd., CTTT Technology, Baiyun Electric, State Grid South China, Mingyang Electric, and Siyuan Electric also followed the upward trend.

In terms of news, Qinghai Province’s 15th Five-Year Plan for National Economic and Social Development was prominently implemented, clearly accelerating the construction of new power systems, planning 750 kV transmission projects involving Tibet, promoting full-capacity operation of Qingyu direct current, and establishing Qinggui/Qingyue direct current. The plan aims to create green power transmission corridors to Central China, Sichuan-Chongqing, and southern regions; simultaneously strengthening inter-provincial interconnection, optimizing main grid structures, and building robust smart distribution and microgrids. It also includes deploying pumped storage and various new energy storage solutions, promoting integrated source-grid-load-storage development, and scaling virtual power plants, continuously expanding growth space for the power grid equipment industry.

Guojin Securities pointed out that with the increasing proportion of new energy installations and the outbreak of new high-energy-consuming loads like AIDC, the demand for upgrading power grid infrastructure is urgent. State Grid Corporation of China has issued ten measures to enhance resource allocation and increase the capacity to accommodate new energy, supporting high-quality development of new energy. These measures clarify investment pathways, with the focus shifting toward “cross-regional mutual aid + distribution network capacity + intelligent dispatching” structural upgrades, maintaining a positive industry outlook.

The Power Grid Equipment ETF (159326) is the only product in the market tracking the CSI Power Grid Equipment Theme Index. The index’s secondary industry within Shenwan’s classification contains over 78% power grid equipment, making it the purest power grid index in the market. It focuses on core sectors such as UHV (ultra-high voltage) and smart grids, with weights of 90% and 67%, respectively, ranking first in the market. The product comprehensively covers industry leaders like TBEA Co., Ltd. and State Grid South China, aligning with the high-growth themes of UHV projects and overseas exports. It is a key tool for conveniently investing in the power grid equipment sector and accurately capturing industry growth dividends.

Daily Economic News