Relevant Departments Make Every Effort to Ensure Controllable Power Supply and Demand During Peak Summer Season

According to reports, a relevant official from the National Energy Administration stated that during the peak summer season, if multiple regions experience simultaneous heatwaves, the national electricity load is expected to potentially exceed 1.55 billion kilowatts. It is predicted that in early August, there will be another round of high-temperature weather. If extreme weather conditions or widespread continuous high temperatures occur, the pressure on power supply guarantees will further increase. Currently, the national power supply is generally secure, though some provinces in the East China, Central China, and Southern regions may face tight power supply during peak hours. However, this can be effectively managed through relevant measures. In the next step, the National Energy Administration will strengthen the monitoring and analysis of power supply and demand, enhance the peak power generation capacity of conventional energy sources, optimize power resource allocation, and guide power supply guarantees with tailored strategies for each province. Every effort will be made to ensure that the power supply and demand situation during the peak summer season remains controllable and manageable, firmly upholding the bottom line of no power rationing and ensuring residential electricity use.

Donghai Securities pointed out that the top-level design guidance of the new "National Nine Articles" for the capital market is clear, and the logic of an active capital market remains unchanged. It is recommended to focus on the main themes of mergers and acquisitions, high dividend yields, and ROE improvement. Large securities firms, with their strong capital strength and stable business, present allocation opportunities. Large securities firms with central enterprise backgrounds, supported by policies, are expected to leverage their resource advantages to secure more business opportunities and achieve performance growth.

In terms of scale, the Central Enterprise Modern Energy ETF saw a significant increase of 4.3613 million yuan in the past two weeks, ranking in the top one-third among comparable funds for new scale.

In terms of shares, the Central Enterprise Modern Energy ETF saw a significant increase of 2 million shares in the past two weeks, ranking in the top one-third among comparable funds for new shares.

In terms of drawdown, as of July 30, 2025, the Central Enterprise Modern Energy ETF had a maximum drawdown of 7.04% over the past six months, with a relative benchmark drawdown of 0.36%. The recovery period after the drawdown was 71 days, the fastest among comparable funds.

In terms of fees, the Central Enterprise Modern Energy ETF has a management fee rate of 0.50% and a custody fee rate of 0.10%, the lowest among comparable funds.

In terms of tracking accuracy, as of July 30, 2025, the Central Enterprise Modern Energy ETF had a tracking error of 0.073% over the past two years, the highest tracking accuracy among comparable funds.

The Central Enterprise Modern Energy ETF closely tracks the CSI Guoxin Central Enterprise Modern Energy Index, which is customized by Guoxin Investment Co., Ltd. The index primarily selects 50 listed securities of companies under the State-owned Assets Supervision and Administration Commission of the State Council involved in modern energy industries such as green energy, fossil energy, and energy transmission and distribution, reflecting the overall performance of listed securities in the central enterprise modern energy theme.

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