The ChiNext Index turns positive, Huaxia Photovoltaic ETF (515370) rises by 0.37%, and Deyie Shares increase by over 7%

NightAirdropper · 2026-03-02T16:53:51+00:00

On March 2, 2026, the ChiNext Index turned positive due to a rebound in photovoltaic concept stocks, with the Huaxia Photovoltaic ETF rising 0.37%, and related stocks performing strongly. The National Energy and Power Development Plan explicitly states that over the next five years, the power system will become the core of energy development, and new energy sources such as photovoltaics will迎来 structural opportunities.

NightAirdropper

2026-03-02 16:53:51

Abstract generation in progress

On March 2, 2026, the afternoon saw the ChiNext Index turn positive, with photovoltaic concept stocks rallying. The Huaxia Photovoltaic ETF (515370) rose by 0.37%, with holdings such as Deye Holdings up over 7%, Jinneng Technology up over 5%, and Gudewei up over 4%.

In 2026, the first year of the 14th Five-Year Plan, China’s energy development once again received top-level strategic guidance. Recently, the National Energy and Power Administration, Planning Department, and others explicitly stated that “electricity first” will be the foundation, accelerating the construction of a new energy system and a new power system to lay the groundwork for becoming a strong energy nation by 2035. This strategic deployment sends a clear signal—the core focus of China’s energy development over the next five years will revolve around the power system, with wind power, photovoltaics, energy storage, and hydropower becoming the main pillars of this energy revolution. Against the backdrop of energy transition entering a deep-water phase, new energy will also usher in a new development logic and structural opportunities.

Wandel Securities believes that photovoltaics are the core power source for building a new energy system, supporting the integrated development of wind, solar, water, and nuclear energy. The plan clearly aims to continuously increase the share of new energy supply and coordinate local consumption with external transmission, directly benefiting photovoltaic installations and supporting infrastructure.

The Huaxia Photovoltaic ETF (515370) and its linked funds (012885/012886) track the CSI Photovoltaic Industry Index, which includes upstream, midstream, and downstream companies in the photovoltaic industry chain, such as silicon wafers, polycrystalline silicon, solar cells, cables, photovoltaic glass, modules, inverters, photovoltaic supports, and solar power plants. This provides a comprehensive reflection of the overall performance of the photovoltaic industry. The index’s solar photovoltaic component accounts for 18.49%, ranking first in the market at the index level.

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