National Automotive Brands Accelerate on the Global Stage: Significant Growth in New Energy Vehicle and Solar ETFs Over the Past Month

National automotive brands are accelerating their entry onto the international stage. The New Energy Vehicle ETF (515700) has seen significant growth in its scale over the past month, while the Solar ETF fund (516180) has outperformed similar products in terms of growth during the same period.

As of May 30, 2025, at 10:29 AM, the China Securities New Energy Vehicle Industry Index (930997) fell by 1.64%. Among the constituent stocks, MeiGooLi (301487) led the decline with a drop of 7.04%, followed by Jiangsu Hengtong Optic-Electric (600699) at 3.65%, and Weimais (688612) at 3.29%. Other notable declines included SanHua Intelligent Control (002050) with 2.71% and BYD (002594) at 2.56%.

The New Energy Vehicle ETF (515700) itself decreased by 1.67%, with a current price of 1.59 yuan. Over the longer term, as of May 29, 2025, the New Energy Vehicle ETF has accumulated a rise of 3.19% in the last month. In terms of liquidity, the ETF had a turnover rate of 0.8% during the day, with a trading volume of 17.63 million yuan. Looking back over the past year, the average daily trading amount for the ETF was 67.31 million yuan.

In terms of scale, the New Energy Vehicle ETF has grown by 16.23 million yuan in the past month, marking a significant increase and placing it in the top half among comparable funds. Additionally, over the past week, the ETF’s shares have increased by 5 million, again ranking it in the top half of its peers. In terms of capital inflow, the New Energy Vehicle ETF attracted 11.59 million yuan across the last five trading days. Data indicates that leveraged funds continue to position themselves in this sector, with the latest financing buy-in amount reaching 2.69 million yuan and a financing balance of 50.65 million yuan.

As of May 30, 2025, at 10:28 AM, the China Securities Automotive Parts Theme Index (931230) decreased by 1.56%. Among the constituent stocks, Hailian JinHui (002537) rose by 10.04%, while New Spring Co. (603179) increased by 3.53% and Chengfei Integration (002190) by 2.81%. On the downside, Dongfeng Technology (600081) fell by 7.47%, followed by Wan’an Technology (002590) at 7.21% and Haon Auto Electric (301488) at 6.74%.

The Automotive Parts ETF (159306) dropped by 1.94%, with a current price of 1.11 yuan. Over the past week, as of May 29, 2025, the automotive parts ETF has accumulated a rise of 0.62%, ranking it second among its peers. In terms of scale, the automotive parts ETF has grown by 6.19 million yuan over the last three months, placing it in the second half of comparable funds. Additionally, its share count increased by 6 million shares over the past three months, also ranking in the second half among similar funds.

As of May 30, 2025, at 10:25 AM, the China Securities Photovoltaic Industry Index (931151) decreased by 1.22%. The constituent stocks showed mixed results, with Nanwang Energy (003035) leading the gainers at 9.98%, followed by Roboteco (300757) at 0.90% and Goodway (688390) at 0.71%. On the downside, Tongwei Co. (600438) fell by 3.00%, while KeHua Data (002335) and Luxiao Technology (002617) saw declines of 2.92% and 2.75% respectively.

The Solar ETF fund (516180) declined by 1.31%, currently priced at 0.53 yuan. Over the past month, as of May 29, 2025, the Solar ETF fund has seen a total increase of 1.33%, placing it first among comparable funds.

As of May 30, 2025, at 10:26 AM, the China Securities New Materials Theme Index (H30597) decreased by 1.09%. In this index, stocks had mixed performances, with Guangwei Composite (300699) leading with an increase of 2.46%, followed by Philihua (300395) with 1.33% and Guoxuan High-tech (002074) at 0.65%. On the downside, Tongwei Co. (600438) fell by 3.06%, and TianYue Advanced (688234) and Western Superconductor (688122) both dropped 2.58%.

The New Materials ETF index fund (516890) decreased by 0.61%, with a current price of 0.49 yuan. Over the past month, as of May 29, 2025, the New Materials ETF index fund has accumulated a rise of 1.24%.

Recently, a relevant official from the State-owned Assets Supervision and Administration Commission visited the China Automotive Technology Research Center to discuss the enterprise’s operational development, technological innovation, and party-building efforts. During the visit, it was emphasized that efforts should be made to overcome and master more key core technologies, solidifying the technological foundation of the industry and playing a leading role in setting industry standards to better assist national automotive brands in going global.

According to Minsheng Securities, the new energy sector is expected to see overall sideways movement and significant internal differentiation in the first half of 2025. Specifically, in the humanoid robot sector, 2025 is anticipated to mark the year of mass production, which will drive demand for core components such as drive systems, transmission systems, sensors, and new materials like PEEK. Solid-state batteries are noted for their significant advantages, including high energy density and safety, with sulfide solid electrolytes expected to be a mainstream route, backed by favorable policies and considerable development space. Wind energy demand is projected to grow consistently, with structural demand resonating both onshore and offshore.

In the new energy vehicle sector, domestic demand is confirmed, with the market awaiting growth in Europe and America. The battery field is dominated by technological leadership, while cost considerations are key for negative electrode structures. The electrolyte market is nearing a bottom cycle, with supply expected to clear soon. The domestic grid investment continues to rise, accelerating the export of power equipment. In energy storage, both domestic and international large-scale demand is resonating, with a significant increase in domestic industrial and commercial storage capacity, and emerging markets for household storage expected to grow. In the photovoltaic sector, oversupply is pressuring profitability, with future breakthroughs likely to stem from overseas capacity and new technologies.

The New Materials ETF index fund closely tracks the China Securities New Materials Theme Index, which selects 50 listed companies involved in advanced steel, non-ferrous metals, chemicals, inorganic non-metals, and other fundamental materials as well as strategic materials to reflect the overall performance of new materials listed companies. As of April 30, 2025, the top ten weighted stocks in the New Materials Theme Index (H30597) were North Huachuang (002371), Contemporary Amperex Technology (300750), Wanhua Chemical (600309), LONGi Green Energy (601012), SanHua Group (300408), Huayou Cobalt (603799), Tongwei Co. (600438), San’an Optoelectronics (600703), Baofeng Energy (600989), and Gree Nanfang (002340), which together account for 52.71% of the total index.

The Solar ETF fund closely tracks the China Securities Photovoltaic Industry Index, which selects no more than 50 of the most representative listed companies involved in the upstream, midstream, and downstream of the photovoltaic industry chain. As of April 30, 2025, the top ten weighted stocks in the Photovoltaic Industry Index (931151) included LONGi Green Energy (601012), SunPower (300274), TCL Technology (000100), State Grid (600089), Tongwei Co. (600438), TCL Zhonghuan (002129), Chint Electric (601877), DeYue Co. (605117), Jinko Solar (688223), and JA Solar (002459), which together represent 56.17% of the index.

The Automotive Parts ETF closely follows the China Securities Automotive Parts Theme Index, which selects 100 listed companies from the Shanghai and Shenzhen markets involved in automotive system components, interior and exterior automotive parts, automotive electronics, tires, and other related fields. As of April 30, 2025, the top ten weighted stocks in the Automotive Parts Theme Index (931230) included Inovance Technology (300124), Fuyao Glass (600660), SanHua Intelligent Control (002050), Top Group (601689), Shengshi Tire (601058), Desay SV (002920), Huayu Automotive (600741), Bethel (603596), Shuanghuan Transmission (002472), and Wanfeng Aowei (002085), accounting for 45.48% of the index.

The New Energy Vehicle ETF (515700) has off-market connections available through Ping An China Securities New Energy Vehicle ETF Connection A: 012698 and Ping An China Securities New Energy Vehicle ETF Connection C: 012699.

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