As of 10:18, the Photovoltaic ETF Puyin (159609) rose 0.49%, aiming for four consecutive days of gains; the tracked CSI Photovoltaic Industry Index rose 0.46%. Among the constituent stocks, Quartz Corp rose 6.5%, Laplace rose 5.6%, Robotech rose 5.4%, Autowell rose 4.6%, Junda shares rose 4.0%, and Tebian Electric rose 3.0%.

Wind data shows that as of April 14, the CSI Photovoltaic Industry Index tracked by the Photovoltaic ETF Puyin (159609) has gained 61.83% over the past year.

On the policy front, breaking the cycle of "involution" has become an important direction. Recently, relevant authorities held the 2026 National High-Quality Development Conference for the Electronic Information Manufacturing Industry. The meeting emphasized the need to seriously analyze the challenges facing the industry, propose targeted development roadmaps, resolutely eliminate "involution-style" competition in the photovoltaic sector, and enhance the resilience and security of key industrial and supply chains.

In the futures market, following the intraday low on April 10, the main polysilicon futures contract has risen for four consecutive days, hitting the daily limit up on April 13, and surged over 2% in early trading on the 15th, approaching the 35,000 yuan mark.

CITIC Futures pointed out that regarding polysilicon, from a cost perspective, according to Wind data, the spot price of silicon materials previously fell to around 31,000 yuan/ton, approaching the industry's lowest full cash cost range, gradually strengthening the cost support logic. Overall, supply contraction and cost support provide a certain floor. Subsequent focus will be on demand recovery and inventory destocking progress.

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, wafers, cells, modules, inverters, and mounting systems. The index selects the 50 most representative stocks from the Shanghai and Shenzhen markets as its constituents, serving as an important benchmark for measuring the overall performance of China's photovoltaic industry. Its top weightings are mainly industry leaders such as LONGi Green Energy, Tongwei Co., Ltd., TCL Zhonghuan, and Sungrow Power Supply.

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The Photovoltaic ETF Puyin (159609) is expected to become an efficient tool for investors to capture the global new energy revolution and allocate to core assets in the photovoltaic industry, continuously benefiting from industry cycle recovery and technological breakthroughs.