As of 09:40 on December 24, 2024, the ETF rose 2.09%, further consolidating its good image in the hearts of investors. This wave of rise was mainly due to the overall momentum of the Shanghai Stock Exchange Science and Technology Innovation Board New Energy Index (000692), which rose by 2.18%. Not only that, in terms of constituent stocks, Funeng Technology (688567) rose 7.89%, Wanrun New Energy (688275) rose 4.51%, and Haiyou New Materials (688680) rose 4.31%, and the overall atmosphere was quite enthusiastic. It is worth noting that if the time is extended, the cumulative increase of Kechuang New Energy ETF in the past three months is as high as 34.27%!

The STAR New Energy ETF closely tracks the SSE STAR Market New Energy Index, which selects 50 listed companies in the fields of photovoltaics, wind power and new energy vehicles with large market capitalization from the STAR Market to reflect the overall performance of the new energy industry in the STAR Market. In this context, the data collected recently also shows that the top 10 weighted stocks of the index have performed well, namely JinkoSolar (688223), Trina Solar (688599), Daqo Energy (688303), Rongbai Technology (688005), Tiannai Technology (688116), Juhe Materials (688503), Arctech (688408), Funeng Technology (688567), Xiamen Tungsten New Energy (688778) and GoodWe (688390). The top 10 weighted stocks already account for 54.72% of the total market capitalization of the index!

With the continuous increase in the global penetration rate of new energy vehicles, BOC Securities predicts that the sales of new energy vehicles will hit a record high in 2025, which will directly drive a significant increase in demand for the entire industry chain. It is worth noting that although we have observed that the price of the industrial chain will continue to fall in 2024, the decline has slowed down significantly, and some links have shown a slight bottoming out trend. This is undoubtedly a signal worth paying attention to for all kinds of investors in the market.

Although the current comprehensive inflection point of supply and demand has not yet arrived, from the perspective of the overall market, the industry's capacity clearance is accelerating, and it is expected that the profitability of the battery and materials sector will recover in 2025. Behind the changes in this industry, the rapid industrialization of new technologies such as solid-state batteries will also promote the technological upgrading of the entire industrial chain and open up broader prospects for future market development.

In summary, the Science and Technology Innovation New Energy ETF not only performs well in the short term, but also has unlimited potential, providing investors with excellent investment opportunities. Looking forward to the future of the battery and materials industry, with the continuous progress of technology and the continuous growth of market demand, the future profitability can be expected. In this new energy era full of challenges and opportunities, let us look forward to the vigorous development of the industry.

Through this wave of volatility, we encourage our readers to actively participate in investing in the new energy industry, but at the same time, we also remind everyone to be cautious and not blindly follow the trend. As the market landscape changes, it is important to have a deep understanding of market dynamics and risks. In this context, you are welcome to share with us your views on this market volatility, and perhaps your insight can provide a bright spot for others to think about. Let's pay attention to the science and technology new energy ETF and the industry dynamics behind it, and enter this exciting new energy era together!