Penghua CSI Photovoltaic Industry ETF

Solar Equipment Sector Continues to Rebound, Industry Index Up 3.31%

Chint Electrics released FY2025 Q4 earnings on April 15 After-Market (BJT), actual revenue CNY 12.75 B, actual EPS CNY 0

TBEA released FY2025 annual earnings on April 15 After-Market (BJT), actual revenue CNY 97.23 B (forecast CNY 100.92 B), actual EPS CNY 1.161 (forecast CNY 1.2873)

TBEA released FY2025 Q4 earnings on April 15 After-Market (BJT), actual revenue CNY 24.31 B (forecast CNY 26.84 B), actual EPS CNY 0.0683

Chint Electrics released FY2026 Q1 earnings on April 15 Pre-Market BJT, actual revenue CNY 21.3 B, actual EPS CNY 0.59

Chint Electrics released FY2025 earnings on April 15 After-Market (BJT), actual revenue CNY 59.14 B (forecast CNY 67.07 B), actual EPS CNY 2.1 (forecast CNY 2.2392)

Polysilicon futures price surges due to strong demand in photovoltaic industry

Deye released FY2025 Annual Earnings on April 9 During-Market (BJT), actual revenue CNY 12.22 B (forecast CNY 13.22 B), actual EPS CNY 3.51 (forecast CNY 3.7605)

Deye released FY2025 Q4 earnings on April 9 During-Market (BJT), actual revenue CNY 3.377 B (forecast CNY 3.482 B), actual EPS CNY 0.9099 (forecast CNY 1)

Chint Electrics to Release FY2025 Annual Earnings on April 16 After-Market (BJT), Forecast Revenue CNY 67.07 B, EPS CNY 2.2392

TBEA to Release FY2025 Earnings on April 16 After-Market (BJT), Forecast Revenue CNY 100.92 B, EPS CNY 1.2873

Chint Electrics FY2026 Q1 Earnings Release on April 16, Pre-Market BJT

Cessation of VAT Rebate for Photovoltaic Product Exports Accelerates Industry Transformation

Deye to Release FY2025 Annual Earnings on April 10 During-Market (BJT), Forecast Revenue CNY 13.14 B, EPS CNY 3.7934

Sungrow Power Supply released FY2025 earnings on March 31 After-Market (BJT), actual revenue CNY 89.18 B (forecast CNY 95.87 B), actual EPS CNY 6.53 (forecast CNY 7.424)

Sungrow Power Supply released FY2025 Q4 earnings on March 31 After-Market (BJT), actual revenue CNY 22.78 B (forecast CNY 30.64 B), actual EPS CNY 0.7801 (forecast CNY 1.9826)

TCL Air Conditioner Launches Guangzhou Smart Manufacturing Base

TCL TECH. released FY2025 annual earnings on March 28 Pre-Market (BJT), actual revenue CNY 184.21 B (forecast CNY 184.72 B), actual EPS CNY 0.2301 (forecast CNY 0.2181)

TCL TECH. released FY2025 Q4 earnings on March 28 Pre-Market (BJT), actual revenue CNY 48.15 B (forecast CNY 49.35 B), actual EPS CNY 0.0706 (forecast CNY 0.0615)

Sungrow Power Supply to Release FY2025 Earnings on April 1 After-Market (BJT), Forecast Revenue CNY 95.87 B, EPS CNY 7.424

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515790

159863

On April 13th, polysilicon futures hit the daily limit for the first time at the Guangzhou Futures Exchange, closing at 34,770 yuan/ton, an increase of 9%. This rise was attributed to rumors that photovoltaic companies would control production and set price floors, although several companies later refuted these claims. The A-share photovoltaic sector subsequently surged, with Daqo Energy rising over 12% at one point. Polysilicon futures prices have been on a downward trend this year, with the lowest price on April 10th dropping nearly 48% from the highest price at the beginning of the year

腾讯新闻 - 财经

Daqo Energy

Huatai-PB CSI Photovoltaic Industry ETF

Tongwei Co.,Ltd

GCL TECH

LONGi

HONGYUAN

NANHUA FUTURES

Daqo New Energy

Emotional Nuclear Explosion in the Silicon Material Predicament: From Halving to Limit Up for Polysilicon Under Anti-Competition

159857

516230

The China Merchants CSI Photovoltaic Industry ETF (516230) has attracted 160 million yuan in capital over 8 consecutive trading days, indicating optimistic market expectations for the photovoltaic industry. On June 18, 2026, China will implement a new distributed photovoltaic policy, which is expected to break industry bottlenecks and activate the market. The Ministry of Industry and Information Technology emphasizes the need to eliminate the internal competition in the photovoltaic industry and enhance the security of the industrial chain. Bank of China International points out that photovoltaic investment in 2026 will focus on "anti-involution" and "space photovoltaic." The new five-year plan will raise the proportion of green electricity in data centers to 80%, bringing new demand for photovoltaics

Tianhong CSI Photovoltaic Industry ETF

China Merchants CSI Photovoltaic Industry ETF

The photovoltaic ETF China Merchants (516230) has continuously attracted 160 million yuan over 8 days, reshaping industry expectations with the synergy of electricity and new distributed policies

516160

562970

The main contract for polysilicon futures hit the daily limit, reporting 34,770 yuan/ton, an increase of 9%. By the end of February, the installed capacity of renewable energy generation nationwide reached 2.381 billion kilowatts, accounting for 60.3% of the total installed power capacity in the country. The 9% value-added tax export rebate for photovoltaic products will be officially canceled on April 1, putting survival pressure on photovoltaic manufacturers and accelerating industry consolidation. It is expected that by 2026, in the photovoltaic industry chain, the prices of silicon materials and silicon wafers will decline, while the prices of modules will increase, benefiting the profits of related manufacturers

Invesco Solar ETF

China Southern CSI New Energy ETF

E Fund CSI Photovoltaic Industry ETF

Polycrystalline silicon futures hit the daily limit! Photovoltaic installed capacity accounts for over 60%, export tax rebates officially canceled

000960

603353

515370

588830

Commodity futures closed. The main polysilicon contract hit the limit up, lithium carbonate rose over 5%, container shipping Europe route futures, crude oil, and low sulfur fuel oil gained over 3%, while Shanghai nickel, fuel oil, and industrial silicon increased over 2%. Caustic soda fell over 3%, and BR rubber declined over 2%

Wallstreetcn

Yunnan Tin

HSPC

Pro Ultr Bloomberg Crude Oil

Penghua Guozheng Non-ferrous Metal Industry ETF

ProShares Ultra Energy

ChinaAMC CSI Photovoltaic Industry ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

China Merchants CSI Battery Theme ETF

GF Fund CNI New Energy Battery ETF

Us Brent Oil

Guotai CSI Non-ferrous Metal ETF

Yinhua CSI Non-ferrous Metal ETF

United States Oil Fund LP

SPDR O&G Ex & Prd

Penghua SSE STAR New Energy ETF

iShares US Oil & Gas Expl & Prod

E Fund CNI New Energy Battery ETF

ChinaAMC CSI Petrochemical Industry ETF

China Universal CSI Oil & Gas Resources ETF

ICBCCS CNI NEV Battery ETF

ICBCCS CSI SEEE Carbon Neutral ETF

Hwabao WP CSI Non-ferrous Metal ETF

Harvest CSI Battery Theme ETF

Harfor CSI Rare Metals Theme ETF

China Universal CSI Energy ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

The China Merchants CSI Photovoltaic Industry ETF (516230) has seen a net inflow of 140 million yuan for 7 consecutive days, indicating market attention on the revaluation opportunities in the photovoltaic sector. On April 10th, the Ministry of Industry and Information Technology held a meeting, emphasizing the need to break the inward competition within the photovoltaic industry and enhance the security of the supply chain. South Korea plans to increase the share of renewable energy generation to over 20% by 2030, driving domestic photovoltaic manufacturing demand. Huafu Securities believes this will create opportunities for China's photovoltaic equipment exports, with demand in Southeast Asia and Northeast Asia expected to grow. The China Merchants CSI Photovoltaic Industry ETF closely tracks the CSI Photovoltaic Industry Index

Photovoltaic anti-involution + demand for local manufacturing in South Korea, expectations for overseas expansion accelerate, photovoltaic ETF China Merchants (516230) has seen a net inflow of 140 million for 7 consecutive days

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516880

The Yinhua CSI Photovoltaic Industry ETF (516880) rose over 1% on April 13, with a transaction volume of 24.726 million yuan, and a net inflow of 11.45 million yuan over the past five trading days. The CSI Photovoltaic Industry Index increased by 0.98%, with strong performances from constituent stocks such as Deye Shares and Quartz Shares. Zhongtai Securities pointed out that the logic of photovoltaic equipment going overseas remains unchanged, with overseas demand continuing to be released, and related companies are not restricted. Canadian Solar's HJT battery factory in the U.S. has begun trial production

ChinaAMC Green Electricity ETF

Yinhua CSI Photovoltaic Industry ETF

Yinhua CSI Photovoltaic Industry ETF (516880) rose over 1%, institutions: The logic of photovoltaic equipment going overseas remains unchanged, optimistic about the release of overseas demand

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159175

03750

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The photovoltaic ETF Ping An rose by 0.35%, and the CSI Photovoltaic Industry Index increased by 0.42%. The battery supply chain is active, with CATL's stock price reaching a historic high. In April 2026, the total production capacity of China's lithium battery market is approximately 235GWh, a month-on-month increase of 7.3%. In March, the combined output of power and energy storage batteries was 177.7GWh, a month-on-month increase of 25.5%. The Ministry of Industry and Information Technology and other departments held a symposium to deploy the regulation of industrial competition. The industrialization of solid-state batteries is advancing, and it is recommended to pay attention to leading companies in the battery and related materials segments

CATL

E Fund CSI Battery Thematic ETF

Ping An CSI Photovoltaic Industry ETF

The photovoltaic ETF Ping An is on the rise, and the battery industry chain is strongly surging

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002865

516290

Hainan Drinda New Energy Technology Co., Ltd., a photovoltaic cell manufacturer, announced that its revenue for the first quarter of this year was 1.694 billion yuan, with net profit turning from a loss to a profit of 14.16 million yuan, mainly benefiting from the increase in the sales price of solar cells. The company also holds shares in Shanghai Xingyi Xinneng Technology and acquired a 60% stake in Shanghai Fuyuan Xinghe Aerospace Technology, expanding the application of photovoltaic technology. The net cash outflow from operating activities was 704 million yuan. Drinda maintains a high market share in overseas markets, and its stock price slightly declined on Friday

BambooWorks

AXA SPDB CSI Photovoltaic Industry ETF

Drinda

China Universal CSI Photovoltaic Industry ETF

Brief News: Battery cell prices rebound, Drinda turns a profit in the first quarter

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Drinda announced that for the first quarter ending in March, according to Chinese accounting standards, operating revenue was 1.694 billion RMB, a year-on-year decrease of 9.6%. Net profit attributable to shareholders was 14.16 million RMB, compared to a loss of 106 million RMB in the same period last year, turning from loss to profit, mainly benefiting from the increase in the selling price of battery cells; earnings per share were 0.05 RMB

AASTOCKS

DRINDA

CSOP CSI PV

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

"Performance" Drinda earned 14.16 million RMB in the first quarter, turning a loss into a profit

159611

Hainan Drinda Narrows Losses and Returns to Profit Despite Revenue Decline

Tip Ranks

GF CSI All Share Power Public Service ETF

Bosera CSI All Share Electric Utilities ETF

Hainan Drinda Narrows Losses and Returns to Profit Despite Revenue Decline

RAYS

The Silicon Industry Association pointed out that the market sentiment for monocrystalline silicon is negative, and the prices of silicon wafers are under downward pressure. This week, the prices of N-type G10L, G12R, and G12 monocrystalline silicon wafers fell by 5.05%, 5.61%, and 7.81%, respectively. Due to the continuous decline in polysilicon prices, weak downstream demand, and inventory pressure, the silicon wafer market is expected to remain weak in the short term. Although market sentiment is pessimistic, if demand improves in the future, silicon wafer prices are expected to stabilize

Zhitong

Global X Solar ETF

Silicon Industry Association: The market sentiment for monocrystalline silicon is negative, and wafer prices are under downward pressure

KGRN

Chinese photovoltaic products play an important role in the global energy crisis, helping multiple countries reduce their dependence on oil. With the changes in the situation in the Middle East, the green industry has become a new stabilizing force. Countries such as Pakistan, Vietnam, and Mongolia are improving their ecological environment through Chinese technology, promoting the adoption of electric vehicles and photovoltaic solar panels. Distributed photovoltaic systems in Pakistan provide power security for millions of households, becoming an effective means to address fuel shortages

KraneShares MSCI China Clean Tech Ind ETF

Chinese photovoltaic products help multiple countries withstand the oil crisis

560230

159864

The polysilicon market continued its weak trend this week, with prices facing downward pressure. The average transaction price for n-type recycled polysilicon was 36,000 yuan/ton, a 1.37% decrease month-on-month; the average transaction price for n-type granular polysilicon was 35,000 yuan/ton, a 4.11% decrease month-on-month. Market competition intensified, with downstream buyers strongly seeking lower prices, while suppliers maintained a willingness to hold prices firm. Mainstream transaction prices remained in the 35,000-36,000 yuan/ton range

Fullgoal CSI Photovoltaic Industry ETF

Guotai CSI Photovoltaic Industry ETF

Silicon Industry Branch: Polysilicon Market Continues Weakness This Week, Prices Remain Under Downward Pressure

Hainan Drinda New Energy Technology Co., Ltd. released its annual report for 2025, showing operating revenue of 7.627 billion yuan, a year-on-year decrease of 23.36%; net profit loss of 1.416 billion yuan, with the loss margin expanding by 139.51%. Since its transformation to the photovoltaic cell business in 2022, the company has incurred losses for two consecutive years, with losses worsening. The gross profit margin for 2025 is -1.33%, and the gross profit margin for the core product, photovoltaic cells, has turned negative for the first time, as sales prices cannot cover production costs, cash flow has deteriorated, and the company faces survival challenges

With consecutive years of significant losses, how will the "third-generation successor" Lu Xuyang reshape Drinda's "blood-making" ability?

560980

At the 16th China International Clean Energy Expo, the China Photovoltaic Industry Association held the "2026 Photovoltaic Market Development Forum" to discuss the high-quality development and market-oriented reform of the photovoltaic industry. Experts at the conference pointed out that the photovoltaic industry is shifting from scale expansion to value-driven growth, with an expected addition of 317 million kilowatts of installed capacity by 2025, and the proportion of photovoltaic power generation in social electricity consumption is expected to rise to 11%. Policy adjustments will drive companies to enhance their operational capabilities, while the returns on energy storage projects may decline, requiring companies to improve profits through accurate forecasting and scientific trading

GF CSI Photovoltaic faucet Leading 30 ETF

With the start of the "14th Five-Year Plan," how can photovoltaics break through? Market-oriented reforms and the synergy of solar energy storage are key

Penghua CSI Photovoltaic Industry ETF(159863.SZ)

Penghua CSI Photovoltaic Industry ETF Stock Performance Chart

Emotional Nuclear Explosion in the Silicon Material Predicament: From Halving to Limit Up for Polysilicon Under Anti-Competition

The photovoltaic ETF China Merchants (516230) has continuously attracted 160 million yuan over 8 days, reshaping industry expectations with the synergy of electricity and new distributed policies

Polycrystalline silicon futures hit the daily limit! Photovoltaic installed capacity accounts for over 60%, export tax rebates officially canceled

Photovoltaic anti-involution + demand for local manufacturing in South Korea, expectations for overseas expansion accelerate, photovoltaic ETF China Merchants (516230) has seen a net inflow of 140 million for 7 consecutive days