LG New Energy to Launch New Battery Type, Photovoltaic ETF Funds Continue to Attract Capital Inflows

As of March 13, 2026, 09:40, the China Securities Solar Photovoltaic Industry Index (931151) component stocks showed mixed gains and losses. Hengdian DMEGC led with a 7.54% increase, Sunlight Power rose 4.71%, and Gotion High-tech increased 1.62%; GCL System Integration led the decline. The latest quote for the Solar Photovoltaic ETF (516180) is 0.97 yuan.

In terms of capital inflow, the Solar Photovoltaic ETF had a net capital inflow of 1.9318 million yuan. Over the past five trading days, there were four days of net capital inflow, totaling 26.2966 million yuan, with an average daily net inflow of 5.2593 million yuan. As of now, the ETF’s total assets under management reach 158 million yuan, a new high in nearly a year. (Data source: Wind)

On the news front, LG Energy Solution’s CTO announced that starting in 2027, they will begin large-scale production of a new type of lithium iron phosphate (LFP) battery, which offers higher energy density and longer cycle life. This is LG’s first disclosure of plans to launch a significantly upgraded LFP battery model, aiming to reposition it as a high-value energy storage solution. Additionally, LG Energy Solution is investing in sodium-based batteries and dry coating technology to reduce costs, seeking to compete in markets such as electric vehicles, energy storage systems, and humanoid robots.

CICC Securities analysts believe that amid the escalation of Middle East tensions causing volatility in global capital markets, China’s macro policy tone has become clearer. The central bank has explicitly stated it will flexibly use tools such as reserve requirement ratio cuts and interest rate reductions. The Central Huijin Investment Company’s role as a “stabilization fund” continues to strengthen, providing solid policy support and a medium- to long-term foundation for growth sectors including photovoltaics.

The Solar Photovoltaic ETF closely tracks the China Securities Solar Photovoltaic Industry Index, which selects up to 50 representative listed companies involved in the upstream, midstream, and downstream segments of the photovoltaic industry chain from securities of companies in these sectors. The index aims to reflect the overall performance of listed companies in the photovoltaic industry.

Data shows that as of February 27, 2026, the top ten holdings of the China Securities Solar Photovoltaic Industry Index (931151) are TBEA, LONGi Green Energy, TCL Technology, Sunlight Power, Tongwei Co., Ltd., Maiwei Co., Ltd., Robotech, Deye Co., Ltd., Jingsheng Mechanical & Electrical, and Chint Electric, accounting for a total of 52.32% of the index weight.

The Solar Photovoltaic ETF (516180) is connected to the over-the-counter market (Ping An China Securities Solar Photovoltaic Industry ETF Connection Launch A: 026720; Ping An China Securities Solar Photovoltaic Industry ETF Connection Launch C: 026721), and related index funds (Ping An China Securities Solar Photovoltaic Industry Index A: 012722; Ping An China Securities Solar Photovoltaic Industry Index C: 012723; Ping An China Securities Solar Photovoltaic Industry Index E: 024618).

Risk warning: Funds are subject to risks; investment should be cautious. The fund manager commits to managing and utilizing the fund assets honestly, diligently, and responsibly, but does not guarantee profits or minimum returns. Investors are reminded that fund investments follow the principle of “buyer beware.” After making an investment decision, the risks associated with fund operation and changes in net asset value are borne by the investor. Past performance and net asset value do not indicate future results, and the performance of other funds managed by the fund manager does not guarantee the performance of this fund. Investors may share in the fund’s returns or bear losses from their investments. Investors should carefully read the “Fund Contract,” “Prospectus,” and other legal documents to fully understand the fund’s risk-return profile and product features, and assess whether the fund matches their investment objectives, time horizon, experience, and asset situation. Make rational market judgments and cautious investment decisions. The information in this material is sourced from publicly available data deemed reliable by the fund manager. The opinions, assessments, and forecasts reflect current judgments and may change later. Any market views contained herein are based on certain assumptions, which may change at any time. The fund manager does not promise or guarantee that any market forecast will necessarily materialize. The individual stocks mentioned do not constitute investment recommendations or advice. The secondary market fluctuations of ETF funds do not represent the actual returns of the fund; investors should be aware of the risks of intraday price volatility.