The new energy sector experiences fluctuations and differentiation, with funds continuing to increase investment in core energy storage battery assets

On April 1st, the A-share new energy sector experienced fluctuations and differentiation, with sub-sectors such as photovoltaic equipment being active, while the core index of energy storage batteries slightly fell by 0.01%. Despite short-term volatility, funds continued to flow into core assets of energy storage batteries, with the E Fund Energy Storage Battery ETF receiving a net inflow of over 3 billion yuan in March. The Guozheng New Energy Battery Index has risen by 2.7% since the beginning of the year, with an annualized growth rate of 11.8%. CITIC Securities analysis pointed out that the impact on the global energy supply chain highlights the necessity of energy self-sufficiency, and it is expected that electricity price policies will boost investment enthusiasm in the power industry, with clear long-term growth potential in the energy storage sector