Shanghai Auto Show Highlights Over 70% Electric Vehicle Representation as New Energy Vehicle ETFs Show Significant Growth

Shanghai Auto Show Sees Over 70% Representation of New Energy Vehicles! The New Energy Vehicle ETF (515700) has experienced significant growth over the past week, while the photovoltaic ETF fund (516180) stands out for its valuation and cost-effectiveness.

As of April 24, 2025, at 13:29, the China Securities New Energy Vehicle Industry Index (930997) has decreased by 0.24%. Among its constituent stocks, Tianqi Lithium (002466) leads with a rise of 4.49%, followed by Shengxin Lithium Energy (002240) up 2.02%, and Duofuduo (002407) up 1.94%. Conversely, Yinlun Co. (002126) has fallen by 5.02%, along with Mengguli (301487) down 2.43%, and Funeng Technology (688567) down 2.04%.

The New Energy Vehicle ETF (515700) has seen a slight decline of 0.13%, with the latest quote at 1.57 yuan. In terms of scale, the New Energy Vehicle ETF has experienced a notable increase of 74.40 million yuan in the past week, positioning it among the top half of comparable funds.

This year’s Shanghai Auto Show has reached a record scale, with new energy vehicles accounting for over 70% of the total 1,300 vehicles on display. Data indicates that China has maintained its position as the world’s leading producer and seller of automobiles for 16 consecutive years, and has been the top player in the new energy vehicle sector for the past decade.

“The industrial transformation focused on electrification, intelligence, and connectivity is reshaping the global automotive ecosystem,” stated Fu Bingfeng, Executive Vice President and Secretary General of the China Association of Automobile Manufacturers. He emphasized that China has successfully transformed its early advantages in new energy vehicles into a leading industrial position. The Shanghai Auto Show 2025 will further showcase the technological innovations achieved by automotive companies in their pursuit of low-carbon and intelligent development.

Kaisheng Securities noted that trends in intelligence, electrification, and autonomy are becoming increasingly pronounced. The proportion of new energy vehicles at the 2025 Shanghai Auto Show continues to rise, with models demonstrating competitive advancements in electrification and sophisticated driving assistance functions becoming a key differentiator. Potential breakout models are highly anticipated, especially those that align with the logic of creating popular vehicles.

As of April 24, 2025, at 13:29, the China Securities New Materials Theme Index (H30597) has decreased by 0.49%. Among its stocks, Nanjing Hoshine Silicon Industry (600884) has risen by 5.03%, Duofuduo (002407) up 1.94%, and Zhongbing Hongjian (000519) up 1.60%. On the downside, Better Energy (835185) has dropped by 3.07%, Hu Silicon Industry (688126) down 2.96%, and Tianyue Advanced (688234) down 2.30%.

The New Materials ETF Index Fund (516890) has fallen by 0.61%, with the latest quote at 0.49 yuan. Over a longer timeframe, as of April 23, the New Materials ETF Index Fund has seen a cumulative increase of 1.87% over the past week.

In terms of liquidity, the New Materials ETF Index Fund had a turnover rate of 3.1%, with a transaction volume of 746,000 yuan. Over a longer span, as of April 23, the average daily transaction volume for the New Materials ETF Index Fund has been 790,700 yuan.

As of April 24, 2025, at 13:37, the China Securities Photovoltaic Industry Index (931151) has decreased by 0.85%. Among its stocks, JinkoSolar (300724) has risen by 5.88%, Jidong Electric (000875) up 1.71%, and Zhejiang New Energy (600032) up 1.53%. On the downside, Roborock (300757) has dropped by 9.03%, Kehua Data (002335) down 5.28%, and Flat Glass Group (601865) down 2.88%.

The Photovoltaic ETF Fund (516180) has decreased by 1.31%, with the latest quote at 0.53 yuan. Over the longer term, as of April 23, the Photovoltaic ETF Fund has seen a cumulative increase of 0.38% over the past week, ranking 2 out of 10 among comparable funds.

Investors can take advantage of investment opportunities in relevant sectors through the Photovoltaic ETF Fund (516180), New Materials ETF Index Fund (516890), and New Energy Vehicle ETF (515700).

The New Energy Vehicle ETF closely tracks the China Securities New Energy Vehicle Industry Index, which selects 50 publicly traded companies involved in the new energy vehicle sector, including those engaged in electric vehicles, electric motor control, lithium battery equipment, battery cells, and battery materials, reflecting the overall performance of leading companies in the industry.

As of March 31, 2025, the top ten weighted stocks in the China Securities New Energy Vehicle Industry Index (930997) are BYD (002594), Inovance Technology (300124), CATL (300750), Sanhua Intelligent Control (002050), Eve Energy (300014), Huayou Cobalt (603799), Ganfeng Lithium (002460), Greenmeadow (002340), Tianqi Lithium (002466), and Hongfa Technology (600885), accounting for a total of 57.98% of the index.

The Photovoltaic ETF Fund closely tracks the China Securities Photovoltaic Industry Index, which selects up to 50 of the most representative publicly traded companies involved in the photovoltaic industry chain, reflecting the overall performance of these companies.

As of March 31, 2025, the top ten weighted stocks in the China Securities Photovoltaic Industry Index (931151) are LONGi Green Energy (601012), Sungrow Power (300274), TCL Technology (000100), TBEA (600089), Tongwei Co. (600438), TCL Zhonghuan (002129), Jinko Solar (688223), Chint Electrics (601877), Deye (605117), and JA Solar (002459), accounting for a total of 55.78% of the index.

The New Materials ETF Index Fund closely tracks the China Securities New Materials Theme Index, which selects 50 publicly traded companies involved in advanced steel, non-ferrous metals, chemicals, inorganic non-metals, and other key strategic materials to reflect the overall performance of companies in the new materials sector.

As of March 31, 2025, the top ten weighted stocks in the China Securities New Materials Theme Index (H30597) are CATL (300750), Northern Huachuang (002371), Wanhua Chemical (600309), LONGi Green Energy (601012), Sanhua Group (300408), Tongwei Co. (600438), Huayou Cobalt (603799), Sanan Optoelectronics (600703), Greenmeadow (002340), and Baofeng Energy (600989), accounting for a total of 52.75% of the index.

Related Products:

• New Energy Vehicle ETF (515700) with off-market connections (Ping An China Securities New Energy Vehicle ETF Connection A: 012698; Ping An China Securities New Energy Vehicle ETF Connection C: 012699).
• Photovoltaic ETF Fund (516180), Ping An Photovoltaic Index Fund (Class A: 012722; Class C: 012723).
• New Materials ETF Index Fund (516890).