On August 1, 2025, the three major A-share indices collectively opened lower but then rose, with solar concept stocks surging across the board. Jiejia Weichuang hit the 20CM limit-up, and the Carbon Neutrality ETF (159790) climbed 1.04%.

On the news front, the Ministry of Industry and Information Technology issued the 2025 Special Energy Conservation Supervision Task List for the Polysilicon Industry today, aiming to strengthen energy efficiency oversight in the polysilicon sector and promote energy efficiency improvements and green, low-carbon development in the industrial field.

CITIC Securities believes that "anti-involution" has been elevated to a national strategic initiative in China. The solar industry, which currently faces issues like homogenized low-price competition and periodic overcapacity, is a core battleground in this round of "anti-involution."

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The Carbon Neutrality ETF (159790) is the largest carbon-neutrality-themed fund in the market. It tracks the CSI Low-Carbon Economy Theme Index, focusing on companies in low-carbon sectors such as batteries, power, and solar equipment. Benefiting from China's "3060" carbon peak and neutrality goals, related new energy and energy-saving environmental protection companies have vast growth potential. The index covers industries and enterprises across all socio-economic sectors related to carbon reduction, enabling investors to accurately and comprehensively capture market trends.