ChinaAMC CSI Grid Equipment Thematic ETF

TBEA Responds to Profit Decline and Xinte Energy's Lower Valuation Compared to Peers

NARI-TECH released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue CNY 9.564 B (forecast CNY 9.757 B), actual EPS CNY 0.09 (forecast CNY 0.095)

NARI-TECH released FY2025 Q4 earnings on April 29 After-Market (BJT), actual revenue CNY 27.65 B (forecast CNY 27.76 B), actual EPS CNY 0.4304 (forecast CNY 0.4234)

Hongfa released FY2026 Q1 earnings on April 29 After-Market BJT, actual revenue CNY 5.108 B (forecast CNY 4.824 B), actual EPS CNY 0.3129 (forecast CNY 0.2627)

NARI-TECH released FY2025 annual earnings on April 29 After-Market BJT, actual revenue CNY 66.23 B (forecast CNY 65.38 B), actual EPS CNY 1.04 (forecast CNY 1.0358)

TBEA released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 24.95 B (forecast CNY 26.44 B), actual EPS CNY 0.3614

China XD released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 5.524 B, actual EPS CNY 0.0676

HTGD released FY2025 Q4 earnings on April 24 After-Market (BJT), actual revenue CNY 17.23 B (forecast CNY 19.94 B), actual EPS CNY 0.123 (forecast CNY 0.35)

ZTT released FY2025 earnings on April 24 After-Market (BJT), actual revenue CNY 52.5 B (forecast CNY 54.05 B), actual EPS CNY 0.851 (forecast CNY 0.9535)

ZTT released FY2026 Q1 earnings on April 24 Pre-Market (BJT), actual revenue CNY 13.14 B, actual EPS CNY 0.27

HTGD released FY2026 Q1 earnings on April 24 During-Market (BJT), actual revenue CNY 17.79 B (forecast CNY 15.3 B), actual EPS CNY 0.4563

SIEYUAN released FY2026 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 4.569 B (forecast CNY 4.356 B), actual EPS CNY 0.7 (forecast CNY 0.81)

ZTT released FY2025 Q4 earnings on April 24 After-Market (BJT), actual revenue CNY 14.53 B (forecast CNY 15.73 B), actual EPS CNY 0.1658 (forecast CNY 0.22)

HTGD released FY2025 Annual Earnings on April 24 After-Market (BJT), Actual Revenue: CNY 66.85 B (Forecast: CNY 69.21 B), Actual EPS: CNY 1.1 (Forecast: CNY 1.235)

Hongfa to Release FY2026 Q1 Earnings on April 30 After-Market (BJT), Forecast Revenue CNY 4.824 B, EPS CNY 0.2627

NARI-TECH to Release FY2025 Earnings on April 30 After-Market (BJT), Forecast Revenue CNY 65.38 B, EPS CNY 1.0358

Jinpan Smart Technology released FY2026 Q1 earnings on April 23 After-Market (BJT), actual revenue CNY 1.523 B (forecast CNY 1.523 B), actual EPS CNY 0.25

TBEA to Release FY2026 Q1 Earnings on April 30 During-Market (BJT), Forecast Revenue CNY 26.44 B

NARI-TECH to Release FY2026 Q1 Earnings on April 30 Pre-Market (BJT), Forecast Revenue CNY 9.757B, EPS CNY 0.09

China XD FY2026 Q1 Earning Release on April 28 During-Market (BJT)

GRID

159320

159326

Wasion Americas, Inc. has announced a strategic partnership with Crytica Security, Inc. to enhance utility security at the grid edge. The collaboration will integrate Crytica's RDAi™ technology into Wasion's Aventa™ Electric Meter, enabling advanced device-level security. This partnership aims to provide real-time detection of cyber threats directly on smart meters, allowing utilities to activate security features without disrupting existing infrastructure.

prnewswire

Fisr Trust Nasdaq Clean Edge Smart Grid Infra

GF Fund Hang Seng China A Power Grid Equipment ETF

WASION HOLDINGS

09:25 ETWasion Americas and Crytica Security Announce Partnership to Enhance Utility Security at the Grid Edge

002028

Sieyuan Electric is expanding its presence in North America, launching its Dead Tank Circuit Breaker (DTCB) series to meet the rising demand for high-voltage electrical solutions driven by clean energy investments and AI data centers. The LW58A series, compliant with ANSI and IEEE standards, offers a voltage range of 38kV to 550kV and a lead time of four months. Sieyuan ensures fast delivery and local support, with dedicated teams for installation and project management, already serving various critical applications across North America.

SIEYUAN

CHINA RAILWAY

Enel

Companhia Energetica (CEMIG SA -SPONS ADR)

01:30 ETExpanding in the High-Voltage Market, Advancing into North America

03393

Wasion Holdings (SEHK:3393) has won significant contracts in the State Grid Corporation of China's 2026 tender, valued at approximately RMB 382.91 million. Despite a recent share price of HK$25.98, analysts suggest it may be overvalued with a fair value estimate of HK$19.43. However, a DCF model indicates potential upside, estimating fair value at HK$43.73. The stock has shown strong year-to-date returns but faces risks from price competition and reliance on State Grid tenders.

Simplywall

Wasion Holdings (SEHK:3393) Valuation After Major 2026 State Grid Tender Win

Wasion Holdings Limited has secured major contracts worth approximately RMB383 million from the State Grid Corporation of China for 2026. The orders include around 827,000 smart meters and related transformers valued at RMB207.82 million, and 24,000 intelligent terminals worth RMB77.44 million. This positions Wasion as a leading supplier in the power sector, enhancing its competitive edge in the utility metering market.

Tip Ranks

Wasion Tops State Grid Tender With RMB383 Million in 2026 Orders

561700

159611

562550

Analyst Gianluca Tucci from Haywood has reiterated a Buy rating on Tantalus Systems Holding, raising the price target from C$8.25 to C$8.50. This decision is based on Tantalus's strong first-quarter performance, significant revenue growth, and strategic advancements in grid modernization and data analytics. The rapid commercialization of the TRUSense Gateway and a solid book-to-bill ratio further support Tucci's positive outlook. Tantalus's stock has seen a notable increase of 56.49% over the past six months, rising from C$3.930 to C$6.150.

Bosera CSI All Share Electric Utilities ETF

GF CSI All Share Power Public Service ETF

ChinaAMC Green Electricity ETF

ISHRS S&P Glb Utilities

Tucci Reiterates Buy on Tantalus as Grid Modernization Strategy Advances and Price Target Rises from $8.25 to $8.50

600875

01072

562960

HSBC Research reported that DONGFANG ELECachieved a net profit of RMB1.585 billion in 1Q25, a 37% YoY increase, driven by core business growth and fair value gains from CHUAN ENERGY POWER. The recurring profit met expectations, with a gross profit margin rise to 18.3%. New orders totaled RMB36.6 billion, up 2% YoY, while coal power orders fell 11%. HSBC maintains a Buy rating for DONGFANG ELEC with a target price of HKD45 and a Hold rating for its A shares with a target price of RMB39.

AASTOCKS News

DEC.LTD

DONGFANG ELEC

E Fund CSI Green Power ETF

HSBC HOLDINGS

HSBC

CNDL

HSBC 5xShortSG241213

HSBC Holdings Plc

HSBC Research: DONGFANG ELEC  1Q25 Core Results In Line; Rated Buy

002202

02208

588830

Citi has raised its target price for GOLDWINDfrom HKD18 to HKD20, maintaining a Buy rating. The company reported a 59.6% YoY increase in net profit to RMB907 million in Q1 2026 and aims for a gross margin of 9% to 10% for wind turbine sales. Despite rising production costs, particularly for copper and petrochemical components, the unit cost of bearings remains stable. Citi also increased its net profit forecasts for 2026 and 2028 by 8% to 9%, driven by investment income from wind farm disposals. The green hydrogen project is set to begin trial operations in Q3 2026.

Goldwind

GOLDWIND

Penghua SSE STAR New Energy ETF

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Raises GOLDWIND  TP to HKD20, Bullish on Upcycle

NFRA

PAVE

DTCR

SRVR

IFRA

Stonepeak and Bernhard Capital Partners have announced an agreement to acquire Cleco Group LLC from a consortium including Macquarie Asset Management, BCI, and Manulife Investment Management. Cleco, a regulated electric utility in Louisiana, serves approximately 298,000 customers. The acquisition aims to enhance Cleco's operational reliability and support economic growth in the region while maintaining local management and employee compensation. The transaction is subject to regulatory approvals, with Stonepeak expected to hold a majority interest in Cleco upon completion.

MorningStar

FlexShares STOXX Global Broad Infrastructure Index Fund

Glob X US Infra

iShares S&P Global Infra

Global X Data Center & Dgtl Infrs ETF

Pacer Data & Infrastructure Real Estate ETF

iShares US Infra

Macquarie Group Limited

Macquarie Group

Manulife Financial

Stonepeak and Bernhard Capital Partners to Acquire Cleco

600071

002281

601728

600487

600050

159511

515050

515880

159695

The General Office of the Ministry of Industry and Information Technology has released a report on the completion of ten-gigabit optical network pilot projects. Overall, construction is progressing in an organized manner, and pilot goals have been met well. The project has been deployed in scenarios such as residential communities, factories, and industrial parks, fostering applications including cloud computers, cloud gaming, and industrial optical quality inspection, providing important reference for transitioning ten-gigabit optical networks from technical pilots to practical applications

Wallstreetcn

PHENIX  OPTICS

Accelink

CHINA TELECOM

HTGD

China Unicom

China Southern CSI Communication Service ETF

ChinaAMC CSI 5G Communication ETF

Guotai CSI All Share Communications Equipment ETF

Harvest CNI Communication ETF

MIIT: Construction of Ten-Gigabit Optical Network Pilot Projects Proceeding in an Organized Manner with Good Achievement of Pilot Goals

002300

560390

On April 20th, the concept of grid equipment continued to rise, with companies like Sun Cable hitting the daily limit. A total of 21 provinces and cities across the country have announced their "14th Five-Year" plans to promote the expansion of new energy and supporting construction. Guojin Securities expects that the approval of ultra-high voltage power grids will accelerate in 2026, driving up sector valuations, and the performance inflection point for related companies may appear in Q3 2026, making it the best time for layout currently

腾讯新闻 - 财经

Sun Cable

E Fund Hang Seng China A Power Grid Equipment ETF

Yuan Cheng Holding

TongDa Cable

QIFAN

HPEC

Ankura

SHUNNA

SINOLINK SECURITIES

The approval pace of ultra-high voltage is expected to significantly accelerate, leading to another surge in the limit-up trend for power grid equipment

ChinaAMC CSI Grid Equipment Thematic ETF(159326.SZ)

09:25 ETWasion Americas and Crytica Security Announce Partnership to Enhance Utility Security at the Grid Edge

01:30 ETExpanding in the High-Voltage Market, Advancing into North America

Wasion Holdings (SEHK:3393) Valuation After Major 2026 State Grid Tender Win

Wasion Tops State Grid Tender With RMB383 Million in 2026 Orders

Tucci Reiterates Buy on Tantalus as Grid Modernization Strategy Advances and Price Target Rises from $8.25 to $8.50