--- title: "Penghua SSE STAR New Energy ETF rose nearly 1%, driven by positive catalysts from multiple sectors, with lithium battery Q1 profits continuing to improve" type: "News" locale: "en" url: "https://longbridge.com/en/news/280727546.md" description: "Penghua SSE STAR New Energy ETF rose nearly 1%, influenced by positive factors from multiple sectors. Lithium battery concept stocks performed strongly, with domestic energy storage cell production increasing by 91% year-on-year in January-February 2026. Institutional analysis pointed out that lithium battery Q1 profits continue to improve, with market production reaching new highs, and further price increases are expected in Q2. The Shanghai Stock Exchange STAR Market New Energy Index rose by 0.68%, with constituent stocks generally rising, and the latest price of Penghua SSE STAR New Energy ETF reported at 1.59 yuan" datetime: "2026-03-27T03:24:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280727546.md) - [en](https://longbridge.com/en/news/280727546.md) - [zh-HK](https://longbridge.com/zh-HK/news/280727546.md) --- # Penghua SSE STAR New Energy ETF rose nearly 1%, driven by positive catalysts from multiple sectors, with lithium battery Q1 profits continuing to improve Lithium battery concept stocks surged sharply. According to SMM data, the domestic energy storage cell production from January to February 2026 totaled 119.09 GWh, a year-on-year increase of 91%. According to the Dadong Times database, the total planned production in the lithium battery market for March 2026 is approximately 219 GWh, a month-on-month increase of 16.5%, with the proportion of energy storage cell planned production rising to 40.6%, up from 37.7% at the beginning of the year. Institutions pointed out that lithium battery Q1 profits continue to improve, and the arrival of the peak season has initiated a new round of price negotiations. March saw a new high in planned production, with a further increase of 0-5% in April month-on-month. (1) Batteries: Leading companies have strong pricing power and quick price adjustments, with Q1 profit levels remaining stable and high growth certainty. (2) Separators: Q1 profits improved further month-on-month, with capacity utilization rates for 2026-2027 continuing to rise, combined with rising PE prices, initiating a new round of price negotiations, with price increases expected to materialize in Q2. (3) Iron lithium cathodes: Q1 processing fees increased last week, along with inventory gains, showing impressive performance, and the penetration of the fifth-generation products is beginning, providing significant elasticity for leading companies. (4) Hexafluorophosphate: The high price adjustment in Q1 has ended, with inventory fully digested by the end of March, and prices are expected to rebound in Q2. (5) Lithium carbonate: Prices fluctuate around 150,000, with a potential further increase in May, capped at 200,000/ton. As of March 27, 2026, 10:58, the Shanghai Stock Exchange STAR Market New Energy Index (000692) rose by 0.68%. Component stocks such as Huasheng Lithium Battery rose by 6.48%, Hemai Co., Ltd. rose by 4.46%, Fangyuan Co., Ltd. rose by 4.33%, Juhe Materials rose by 4.08%, and Liyuanheng rose by 2.17%. The STAR Market New Energy ETF Penghua (588830) rose by 0.76%, with the latest price reported at 1.59 yuan. The STAR Market New Energy ETF Penghua closely tracks the Shanghai Stock Exchange STAR Market New Energy Index, which selects 50 large-cap listed companies in the fields of photovoltaics, wind power, and new energy vehicles from the STAR Market to reflect the overall performance of representative new energy industry listed companies in the STAR Market. Data shows that as of February 27, 2026, the top ten weighted stocks in the Shanghai Stock Exchange STAR Market New Energy Index (000692) are JinkoSolar, Trina Solar, Canadian Solar, Aotaiwei, Juhe Materials, Xiamen Tungsten New Energy, Rongbai Technology, Daqo New Energy, Jiayuan Technology, and Goodwe, with the top ten weighted stocks accounting for a total of 45.42%. The STAR Market New Energy ETF Penghua (588830) has off-market connections (A: 023075; C: 023076; I: 024157) ### Related Stocks - [588830.CN](https://longbridge.com/en/quote/588830.CN.md) - [000692.CN](https://longbridge.com/en/quote/000692.CN.md) ## Related News & Research - [Canada's Northland Power Q1 adjusted EBITDA up 18%, beats estimates](https://longbridge.com/en/news/286355373.md) - [OCI Energy and CPS Energy break ground on Alamo City Battery Energy Storage Project | ING Stock News](https://longbridge.com/en/news/286964497.md) - [Battery storage firms eye AI demand but face grid, supply hurdles](https://longbridge.com/en/news/286790784.md) - [KPI Green Energy gains 5% after securing 120 MW BESS order from GUVNL](https://longbridge.com/en/news/286871942.md) - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md)