Nsfund Battery ETF (159147) Surges Over 5% in Early Trading, Sungrow Wins Major Energy Storage Order, Lithium Battery Market Continues to Expand with Strong Momentum

MaticHoleFiller · 2026-03-24T15:13:39+00:00

# TranslationThe CSI Battery Theme Index and Southern Battery ETF have recently surged strongly, benefiting from the expansion of the lithium battery market. Sungrow Power Supply and ENEVO signed a 1GWh energy storage system project, which will drive demand for energy storage and electric vehicles. Institutions predict that solid-state batteries will lead equipment segment development, with positive prospects for the battery market.

MaticHoleFiller

2026-03-24 15:13:39

Abstract generation in progress

As of the midday close on March 20, 2026, the China Securities Battery Theme Index (931719) surged 5.55%, with the Battery ETF Southern (159147) rising 5.14%, trading volume reaching 28.2785 million yuan.

On March 16, Sunshine Power announced a partnership agreement with Romania’s leading energy solutions company, ENEVO Group, to collaborate on energy storage systems with a total capacity of 1GWh. The project will be implemented in two phases: the first phase supplies 440MWh, with delivery planned before December 2026; the second phase adds 560MWh. Once completed, the total installed capacity will exceed 1GWh, with systems deployed across Romania. The project uses Sunshine Power’s PowerTitan 2.0 liquid-cooled energy storage system, a flagship product designed for grid support and renewable energy integration.

According to the China Automotive Power Battery Industry Innovation Alliance, in 2025, China’s cumulative production of power and energy storage batteries reached 1,755.6GWh, a year-on-year increase of 60.1%. Domestic sales of power batteries grew by 51.8% year-on-year. The dual demand from energy storage and electric vehicles continues to drive the expansion of the lithium battery market.

Institutions note that solid-state batteries are poised for rapid development, with equipment segments expected to benefit first. Leading companies in the complete production line are capable of providing comprehensive solutions and are likely to benefit from capacity building in solid-state batteries and the expansion cycle of traditional lithium battery capacity.

The Battery ETF Southern (159147) closely tracks the China Securities Battery Theme Index, which includes listed companies involved in power batteries, energy storage batteries, consumer electronics batteries, and related upstream and downstream industries. The index’s top ten holdings are CATL, Sanhua Intelligent Controls, Sunshine Power, EVE Energy, Tinci Materials, Lead Intelligent, Greenmei, Silver Wheel Shares, Guoxuan High-tech, and Xingwangda.

Battery ETF Southern (159147), off-market connection (Type A: 018926; Type C: 018927).

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