The two major new policies for batteries are implemented today, highlighting the Huaxia Configuration Value ETF for the GEM new energy sector, which has the lowest market fee rate.

How does the new battery policy accelerate the survival of the fittest in the new energy industry?

As of 15:00 on April 1, 2026, the ChiNext New Energy ETF Huaxia (159368) fell by 0.13%, with the latest quote at 1.49 yuan. Among constituent stocks, price movements were mixed: Zhenyu Technology led the gainers with a 6.86% rise, Jiejia Weichuang increased by 4.04%, and Robotech rose by 3.47%; Sunshine Power Power led the decliners with a 10.82% drop, Penghui Energy fell by 4.38%, and Hunan Yunneng fell by 4.18%.

On liquidity, the ChiNext New Energy ETF Huaxia’s intraday turnover rate was 16.42%, with trading volume of 127 million yuan, indicating active market trading. Looking over a longer period, as of March 31, the ChiNext New Energy ETF Huaxia had an average daily trading volume of 159 million yuan over the past week.

On policy, the “Interim Measures for the Recycling and Comprehensive Utilization of Waste Power Batteries from New Energy Vehicles” took effect today, clarifying that when scrapping decommissioned new energy vehicles, the “vehicle and battery integrated” requirement must be followed, and it is strictly prohibited to disassemble them privately. This marks a new stage for China’s power battery recycling and utilization to enter full-chain, digitalized management, benefiting battery leaders and materials companies with recycling capabilities.

In addition, starting today, the VAT export rebate rate for battery products is reduced from 9% to 6%. In the short term, this may put cost pressure on low-end export companies, but in the long run it will help optimize the export structure, driving the industry from a “price war” to a “technology war” and accelerating the survival of the fittest.

Industry experts say that new energy vehicles have entered the “Innovation 2.0” stage, and in 2026 a new cycle of high-quality development led by innovation will begin. The next wave of technological innovation will focus on seven major dimensions, including all-solid-state batteries, full-wire-controlled chassis, and fully autonomous driving. The technological threshold will be raised again, follow-the-leader models will fail, and innovation may once again take the lead in the market.

From the perspective of net capital inflows, the ChiNext New Energy ETF Huaxia has received continuous net inflows for nearly 6 days, with the highest single-day net inflow reaching 69.1465 million yuan, for a total of 183 million yuan in net “capital attraction,” and average daily net inflows of 30.53 million yuan.

The ChiNext New Energy Index mainly covers the new energy and new energy vehicle industries, involving multiple sub-sectors such as batteries and photovoltaics. It is the ChiNext’s only 20CM new-energy track index tracking the rise and fall of new energy. The ChiNext New Energy ETF Huaxia (159368) has high elasticity: its upside can reach 20%; its fee is the lowest, with management fee and custody fee totaling only 0.2%; and its energy storage allocation exceeds 74%, aligning with current market hotspots. (Link A: 024419, Link C: 024420)