Battery ETF Huaxia closes up 0.44%, April lithium battery production is expected to reach a new high of 235 GWh

As of 15:00 on April 7, 2026, the China Securities Battery Theme Index (931719) rose by 0.55%. Among its constituent stocks, Enjie Shares rose by 5.38%, DeFu Technology rose by 4.47%, Penghui Energy rose by 3.51%, Xingyuan Material rose by 3.37%, and TianNai Technology rose by 3.06%. The Battery ETF Huaxia (512460) increased by 0.44%, with the latest price at 0.92 yuan.

On the news front, the current prosperity of China’s lithium battery industry continues to rise, and manufacturers are steadily expanding their production scheduling scale. In particular, the energy storage sector has shown especially strong performance and has become a core force driving industry growth. The industry’s structural growth characteristics are becoming increasingly prominent, and the entire industry chain is entering a recovery and positive development trend. Industry data shows that in March, the total production scheduled for China’s lithium battery market reached approximately 219GWh, up 16.5% month over month. As the pace of the industry resuming work and production accelerates, the production scheduling scale has rebounded significantly, indicating that the industry has shifted from a stage of seasonal adjustment during the Spring Festival off-season to an active inventory replenishment phase.

Looking ahead to April, the prosperity of lithium battery production is expected to continue. Market expectations remain favorable. Data indicates that in April, the total production scheduled for China’s lithium battery market is expected to reach 235GWh, up another 7.3% month over month. This figure will break the historical peak set in December last year, setting a new industry record for production scheduling.

A research report released by Great Wall Securities stated that on April 1, China officially reduced the export VAT rebate for lithium-ion batteries from 9% to 6%. The next reduction is scheduled for January 1, 2027. Against the backdrop of recent Middle East geopolitical conflicts, it is judged that the main supply-and-demand contradictions for lithium carbonate for the full year will gradually shift from supply disruptions in the first half of the year to overseas demand exceeding expectations in the second half of the year. Since March, with lithium carbonate prices around 150,000 yuan/ton, downstream companies have shown a clearly strong willingness to replenish inventories on dips. Overall, the first half of the year is expected to see strong price support amid supply disruptions, and the second half may deliver higher price elasticity driven by demand that could exceed expectations.

In terms of net capital inflows, the Battery ETF Huaxia has received continuous net capital inflows over the past 5 days. The highest net inflow in a single day was 10.77 million yuan, with total net inflows amounting to 31.71.64 million yuan, and average daily net inflows reaching 6.34.33 million yuan.

The Battery ETF Huaxia closely tracks the China Securities Battery Theme Index. The China Securities Battery Theme Index selects securities of listed companies whose business involves power batteries, energy storage batteries, consumer electronics batteries, and upstream and downstream companies in related industrial chains as index samples, to reflect the overall performance of securities of battery-themed listed companies.

Data shows that as of March 31, 2026, the top ten weight stocks of the China Securities Battery Theme Index (931719) are CATL, Sungrow Power Supply, Sanhua Intelligent Controls, EVE Energy, Tianci Materials, Lead Intelligent, Deye Holdings, Grinmeco, Enjie Shares, and Guoxuan High-Tech. The combined share of the top ten weight stocks is 49.82%.