The Photovoltaic ETF Puyin (159609) attracted a total of 15.3866 million yuan in the past week, with the underlying index rising nearly 1%.

As of 09:49, the Photovoltaic ETF Puyin (159609) rose 0.88%, with the latest price reported at 0.575 yuan and a turnover rate of 1.33%. The Photovoltaic Industry Index (931151), which the Photovoltaic ETF Puyin (159609) closely tracks, rose nearly 1%. Among the index's top ten weighted stocks, TBEA rose 0.31%, LONGi Green Energy Technology fell 0.18%, Sungrow Power Supply rose 0.31%, Tongwei Co., Ltd. rose 0.51%, Maxeon Solar Technologies rose 0.54%, Deye Technology Group rose 3.27%, Chint Electric rose 0.45%, TCL Zhonghuan rose 0.99%, and JinkoSolar rose 0.9%.

As of the previous trading day, the Photovoltaic ETF Puyin (159609) attracted a total of 15.3866 million yuan in net inflows over the past week. As of the previous trading day, the Photovoltaic ETF Puyin (159609) gained 38.35% over the past year, demonstrating outstanding past performance.

Recently, the International Renewable Energy Agency (IRENA) released global energy construction data for 2025. The report shows that last year, the global newly installed capacity of renewable energy reached 692 gigawatts, a year-on-year increase of 15.5%, accounting for 85.6% of the world's new power generation capacity. Among them, photovoltaics and wind power became the "twin engines" of growth, with newly installed photovoltaic capacity reaching 511 gigawatts, a year-on-year increase of 27.2%.

China's photovoltaic industry chain holds a dominant position globally. According to data from the China Photovoltaic Industry Association, in 2025, China's share of global production capacity for polysilicon, silicon wafers, cells, and modules was as high as 96.0%, 96.2%, 91.3%, and 80.1%, respectively.

Starting from April 1, 2026, the value-added tax export rebate for photovoltaic products will be officially canceled. Affected by this policy, leading manufacturers such as LONGi Green Energy Technology and JA Solar have successively raised module prices. The latest report from consulting firm InfoLink Consulting also points out that, driven by policy expectations, photovoltaic module prices in multiple regions have shown an upward trend.

AJ Securities points out that the international environment in the energy sector is complex and severe, with geopolitical conflicts intensifying. New energy sources like photovoltaics may become a new breakthrough to ensure national energy security. The cancellation of the value-added tax export rebate for some products, including photovoltaics, starting from April 2026, may increase domestic photovoltaic product shipment demand in the short term and promote the elimination of outdated production capacity and optimization of the capacity structure in the long term.

The CSI Photovoltaic Industry Index covers listed companies across the upstream, midstream, and downstream of the photovoltaic industry chain, including core segments such as silicon materials, silicon wafers, cells, modules, inverters, and photovoltaic mounting systems. The index selects the 50 most representative stocks from the Shanghai and Shenzhen markets as its components, serving as an important benchmark for measuring the overall performance of China's photovoltaic industry. Its top weighted stocks are mainly industry leaders such as LONGi Green Energy Technology, Tongwei Co., Ltd., TCL Zhonghuan, and Sungrow Power Supply.