The profit turning point in the wind power industry may have already appeared, and the Green Power ETF Huaxia (562550) has received active investment.

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Abstract generation in progress

As of April 1, 2026, 14:21, the CSI Green Power Index (931897) declined by 0.48%.
In terms of constituent stocks, gains and losses were mixed, with GCL New Energy leading up 8.09%, Jinkai New Energy rising 2.85%, and Beijing Energy Power up 2.36%;
China Min Energy led the decline with a drop of 9.84%, JinKong Power down 8.04%, and Longyuan Power down 3.30%.
The Huaxia (562550) Green Power ETF declined by 0.42%, with the latest quote at 1.19 yuan.

In terms of liquidity, the Huaxia Green Power ETF had an intraday turnover rate of 6.55%, with a transaction volume of 77.85 million yuan.
Looking at a longer period, as of March 31, the Huaxia Green Power ETF’s average daily trading volume over the past week was approximately 199 million yuan.

On the news front, Huaneng International’s new energy installed capacity is expected to expand significantly in 2025, with a total of 7,731 MW of new wind and solar capacity added for the year, and grid-connected electricity generation increasing by 10.59% and 42.77% year-on-year, respectively;
The company plans to invest an additional 37.7 billion yuan in new energy capital expenditure in 2026.
Guosheng Securities pointed out that leading green power operators, represented by large power generation groups, are continuously reducing LCOE through scaled development, intensive operations, and technological iteration;
The profitability model of green power assets is becoming increasingly clear, with long-term growth certainty and cash flow stability both strengthening.

Additionally, the profit turning point in the wind power industry has emerged, and wind turbine manufacturing continues to recover.
CICC pointed out that Goldwind’s 2025 wind turbine gross profit margin has significantly increased to 8.95%, driven by rising domestic onshore wind prices, higher proportions of high-margin overseas and offshore wind shipments, and the implementation of cost reduction and efficiency measures;
Looking ahead to 2026, the upward cycle of onshore wind product delivery prices is expected to further promote wind turbine profitability, and the green methanol business will also start contributing incremental revenue within the year.

In terms of capital inflows, the Huaxia Green Power ETF experienced a net outflow of 6.6434 million yuan recently.
Over the longer term, in the past five trading days, there were net capital inflows on four days, totaling 268 million yuan, with an average daily net inflow of 53.5973 million yuan.

Huaxia Green Power ETF (562550):
It is the largest in scale among the index-tracking funds, following the CSI Green Power Index.
Within the Shenwan secondary industry classification, it has over 99% in electricity, making it the most “pure” electricity-related index in the market, bundling leading power companies in one click.
It includes not only clean energy companies represented by hydropower, wind power, and photovoltaic power but also incorporates thermal power and nuclear power as energy transition samples.
The “wind, solar, water, nuclear” composition exceeds 55%.

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