The overall export of power equipment is improving, and the Guotai Hang Seng China A Power Grid Equipment ETF (561380) has risen over 2.3%, attracting attention to the industry's prosperity

The overall export of power equipment is improving. On March 25th, the Guotai Hang Seng China A Power Grid Equipment ETF (561380) rose over 2.3%. Caixin Securities pointed out that the export of power equipment shows resilience and sustainability, with core categories such as transformers and wires and cables maintaining high growth rates, while products like low-voltage switches and power cabinets exhibit recovery characteristics. The export of power supply equipment is gradually recovering, with the decline in photovoltaics and inverters narrowing, and wind power and lithium batteries remaining stable and upward. Overall, the fundamentals of power equipment exports are solid, and the industry's prosperity is positively trending upward