Southern Fund's New Energy ETF Receives Net Inflows for 4 Consecutive Days; Wind and Solar Power Domestic and External Demand Warming Simultaneously; Offshore Wind Equipment May Welcome New Export Opportunities

As of March 17, 2026, 09:53, the New Energy ETF (516160) traded 76.4633 million yuan, and the China Securities New Energy Index (399808) increased by 0.04%.

In terms of net capital inflow, as of March 16, the New Energy ETF (516160) had a net subscription of 303 million yuan yesterday, with continuous net capital inflows over the past four days.

On the news front, on March 10, the UK government announced that starting April 1, 2026, through an authorized use mechanism, tariffs on 33 offshore wind-related imported products (including blade raw materials, generator components, etc.) will be reduced to zero. This aims to support domestic wind turbine capacity building and demonstrates a more open attitude toward overseas offshore wind products, even more proactive than the EU. Additionally, the UK released the “UK-China Clean Energy Cooperation Partnership Memorandum of Understanding,” listing offshore wind as one of the five major cooperation areas, providing export opportunities for Chinese offshore wind equipment manufacturers.

Middle Eastern geopolitical conflicts have disrupted oil and natural gas production and transportation through the Strait of Hormuz, causing European natural gas prices to soar and electricity prices to rise. As wind power has the lowest cost per kWh among new energy sources, market attention has significantly increased. The 2026 government work report first proposed “electricity calculation synergy.” Under the background of rapidly increasing AI electricity demand, domestic wind power installed capacity during the 14th Five-Year Plan is expected to maintain high prosperity.

Additionally, from January to February, the country added 28.7 GW of photovoltaic installed capacity, a year-on-year increase of 42%. Overseas market demand has also recovered simultaneously, with photovoltaic module exports increasing by 35% year-on-year. Module prices have stabilized and rebounded from early-year lows. Leading companies have full order books, and capacity utilization remains above 90%.

Huatai Securities’ research report pointed out that considering the high level of wind turbine bidding volume in 2025, combined with nearly 9 million kilowatts of offshore wind projects already under construction but not yet connected, it is expected that in 2026, domestic new installed capacity will reach 130 GW, including 120 GW onshore wind and 10 GW offshore wind. Looking ahead, supported by new demands such as direct green power connection and old-for-new upgrades, along with gradual expansion of deep-sea projects, the domestic wind power installed capacity during the 14th Five-Year Plan is expected to maintain steady growth.

The New Energy ETF (516160) closely tracks the China Securities New Energy Index, which selects listed companies involved in renewable energy production, new energy applications, energy storage, and new energy interactive equipment as index samples to reflect the overall performance of listed companies in the new energy industry. The top ten holdings are CATL, Sungrow Power Supply, TBEA, Huayou Cobalt, Longi Green Energy, Ganfeng Lithium, Xiamen Tungsten, EVE Energy, China Nuclear Power, and Goldwind Technology.

New Energy ETF (516160), off-exchange connection (Class A: 012831; Class C: 012832).