China's lithium battery exports are experiencing structural changes, and battery ETFs like Huaxia are attracting significant investor attention.

As of April 2, 2026, 09:54, the China Securities Battery Theme Index decreased by 0.78%.
In terms of constituent stocks, gains and losses were mixed, with Fulin Precision leading with a 2.61% increase, KDL up 2.29%, and Wins Technology up 0.95%;
Shouhang New Energy led the decline with a 3.77% drop, Sunshine Power down 3.70%, and Shantai Technology down 2.60%.
The Huaxia (512460) Battery ETF fell by 1.14%, with the latest price at 0.95 yuan.

In news, lithium battery exports from January to February reached $14.2 billion, a 46% increase.
From a market structure perspective, China’s main export markets for lithium batteries are the European Union, which accounts for about 43.1% of market demand, an increase of 2.6 percentage points compared to 2025.
Exports to the United States sharply shrank to 9.7%, a decrease of 6.4 percentage points from 2025.
The decline in exports to the U.S. is roughly equivalent to the total scale of exports to Southeast Asia, the third-largest market.
In January-February 2026, lithium battery exports totaled 926k tons, with an export value of $14.2 billion.
The unit price dropped from $27.3k per ton in 2023, to $20.1k in 2024, then to $15.7k in 2025, and further to $15.3k in 2026, a decrease of only 10%.
This decline is significantly better than the 26% drop in 2024 and the 22% in 2025.

Guotai Haitong Securities analysts pointed out that benefiting from Chinese lithium battery companies accelerating overseas expansion and the gradual recovery of downstream demand, the lithium battery equipment industry is expected to resume growth.
It is estimated that by 2027, the market size of China’s lithium battery production equipment will reach 85 billion yuan.

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

Data shows that as of March 31, 2026, the top ten weightings in the China Securities Battery Theme Index are CATL, Sunshine Power, Sanhua Intelligent Controls, EVE Energy, Tianneng Materials, Lead Intelligent, Deye Co., Greenmei, Enjie Shares, and Guoxuan High-tech, with the top ten holdings accounting for 49.82% of the total.