---
title: "Canmax Technologies Q1 net profit expected to increase by up to 321 times, Tianhong ChiNext New Energy ETF (159190) trading at a premium, institutions: the battery industry benefits from energy transition, demand for power and energy storage remains strong"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282119786.md"
description: "Canmax Technologies expects its net profit in the first quarter of 2026 to grow to 900 million - 1.05 billion yuan, a year-on-year increase of 27,517.53% - 32,120.45%. The Tianhong ChiNext New Energy ETF (159190) has a real-time premium rate of 0.05%, with a circulating share of 214 million shares and a circulating scale of 202 million yuan. The power equipment and battery industry is in a critical period of demand and structural transformation, benefiting from the global energy transition, with strong and sustained demand for power and energy storage"
datetime: "2026-04-09T01:44:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282119786.md)
  - [en](https://longbridge.com/en/news/282119786.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282119786.md)
---

# Canmax Technologies Q1 net profit expected to increase by up to 321 times, Tianhong ChiNext New Energy ETF (159190) trading at a premium, institutions: the battery industry benefits from energy transition, demand for power and energy storage remains strong

On April 9th, the three major indices opened lower collectively, with the Shanghai Composite Index down 0.69%, the Shenzhen Component Index down 0.81%, and the ChiNext Index down 0.94%.

The ChiNext New Energy Index fell by 0.76%. Among the constituent stocks of this index, Canmax Technologies rose over 10%, Yingboer rose over 5%, and Shenghong Co., Ltd. rose over 3%.

In terms of related ETFs, **the ChiNext New Energy ETF Tianhong (159190) had a real-time premium rate of 0.05% as of the time of publication**. The latest circulating shares of this ETF are 214 million, with a latest circulating scale of 202 million yuan.

The ChiNext New Energy ETF Tianhong (159190) closely tracks the ChiNext New Energy Index, with constituent stocks covering the entire industry chain of photovoltaics, wind power, energy storage, power batteries, and electric control. According to the Shenwan industry classification, the power equipment sector accounts for nearly 80% of this ETF, with significant weights in key links such as lithium batteries and inverters, indicating a high purity of the new energy theme.

On the news front, Canmax Technologies announced that it expects the net profit attributable to shareholders of the listed company in the first quarter of 2026 to be between 900 million and 1.05 billion yuan, an increase of 27,517.53% to 32,120.45% compared to the same period last year.

**Guolian Minsheng Securities** pointed out that the power equipment and battery industries are at a critical period of demand and structural transformation. In terms of power equipment, domestic grid investment is expected to remain high, with clear structural directions such as ultra-high voltage and intelligent distribution networks, bringing continuous opportunities to related enterprises. The battery industry benefits from the global energy transition, with strong and sustained demand for power and energy storage.

### Related Stocks

- [300390.CN](https://longbridge.com/en/quote/300390.CN.md)
- [159190.CN](https://longbridge.com/en/quote/159190.CN.md)

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