天治核心成长混合型证券投资基金（LOF） 基金管理人:天治基金管理有限公司 基金托管人:交通银行股份有限公司 送出日期:2025 年 08 月 28 日 基金管理人的董事会、董事保证本报告所载资料不存在虚假记载、误导性陈述或 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带的法律责任。本中 期报告已经三分之二以上独立董事签字同意，并由董事长签发。 基金托管人交通银行股份有限公司根据本基金合同规定，于2025年8月26日复核 了本报告中的财务指标、净值表现、利润分配情况、财务会计报告、投资组合报告等 内容，保证复核内容不存在虚假记载、误导性陈述或者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基 金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应 仔细阅读本基金的招募说明书及其更新。 本报告中财务资料未经审计。 本报告期自2025年1月1日起至6月30日止。 §2 基金简介 基金名称 天治核心成长混合型证券投资基金（LOF） 基金简称 天治核心成长混合（LOF） 场内简称 天治核心LOF 基金主代码 163503 交易代码 16350 ...

8月27日，交通银行大宗交易成交450.44万股，成交额3427.88万元，占当日总成交额的2.17%，成交价7.61元，较市场收盘价7.44元溢价2.28%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | | 2025-08-27 | 交通银行 | 601328 | 7.61 3427.88 | 450.44 | 国泰海通证券股份 | 中国中金财富证券 | | | | | | | 有限公司南京太平 | 有限公司扬州文昌 | | | | | | | 00 三 九 六 元 小 ） 一 中 十 十 六 十 | ないことを言いない | ...

Group 1 - The core viewpoint of the articles highlights the collaboration between the Bank of Communications Hunan Branch and Hunan Energy Group to support the 3 million kW photovoltaic composite power generation project in Hongsi Fort District with a financial backing of 160 million yuan [1][2] - The "Ningdian into Hunan" project is a crucial part of the national "West-East Power Transmission" strategy, aimed at optimizing Hunan's energy structure and ensuring power supply [1] - The financing model employed involves "intra-bank joint loans," which effectively integrates the Hunan Branch's customer insights with the Ningxia Wuzhong Branch's local project management capabilities, enhancing resource allocation and risk management [1] Group 2 - The financial support for the Hunan Energy Group's project is a practical implementation of the Bank of Communications Hunan Branch's commitment to green finance and aligns with the national "dual carbon" strategy [2] - The Hunan Branch plans to continue deepening its financial practices related to green development, focusing on innovation in products and service models to support high-quality economic and social development in Hunan [2]

Core Viewpoint - The development of foreign trade enterprises is crucial for regional economic growth, but many small and medium-sized foreign trade companies face funding shortages. The Jining branch of the State Administration of Foreign Exchange is promoting cross-border trade facilitation through the establishment of "policy product lists" and "enterprise demand lists" to better align with the needs of the real economy [1][3]. Group 1: Financial Support Initiatives - Jining banks are actively implementing the requirements of the local foreign exchange bureau by innovating foreign exchange financing products, optimizing cross-border settlement services, and simplifying business processes for enterprises [1][2]. - The "Foreign Trade Quick Loan" service, launched on June 27, 2025, in Shandong, provides new financing solutions for small and micro foreign trade enterprises [1][2]. Group 2: Case Study of Financing - A mechanical enterprise in Jining, primarily engaged in large machinery and parts sales with a focus on exports, expressed urgent financing needs due to increasing overseas orders and a significant funding gap for raw material procurement [2]. - The Jining branch of the Bank of Communications successfully provided a credit limit of 3 million yuan to the enterprise, alleviating its financial pressure and enabling timely procurement of raw materials for fulfilling overseas orders [2][3]. Group 3: Policy Implementation and Impact - The implementation of the two-list management mechanism by the Jining foreign exchange bureau has effectively connected policy transmission with market demand, facilitating over 400 financing and settlement needs for more than 1,000 foreign trade enterprises [3]. - This initiative has significantly improved the quality and efficiency of foreign exchange financial services for the real economy, supporting the stable scale and optimized structure of regional foreign trade for high-quality development [3].

Market Overview - The Hang Seng Index (HSI) closed at 25,571.06, up by 46.14 points or 0.18% as of August 26, 16:00 Eastern Time [1] - The index reached a high of 25,692.07 and a low of 25,526.43 during the trading session, with a trading volume of 37.496 million [1] Major Blue-Chip Stocks Performance - Most large-cap stocks saw an increase, with HSBC Holdings closing at HKD 102.078, up by 1.87% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 610.224, reflecting a slight increase of 0.12% from the Hong Kong close [2] Stock Movements - Tencent Holdings experienced a decrease of HKD 5.000, or 0.81%, while its ADR price increased by HKD 0.724, or 0.12% [3] - Alibaba Group saw a decline of HKD 3.200, or 2.57%, with its ADR price down by HKD 0.317, or 0.26% [3] - HSBC Holdings dropped by HKD 1.300, or 1.28%, but its ADR price increased by HKD 1.878, or 1.87% [3] - Other notable movements include Meituan-W down by HKD 2.300, or 1.88%, and BYD Company up by HKD 1.800, or 1.55% [3]

Fund Overview - The fund is named "Xinao Zhongzheng Interbank Certificate of Deposit AAA Index 7-Day Holding Period Securities Investment Fund" with a fund code of 024728 [19] - It is a mixed-type, contractual open-end fund with a minimum holding period of 7 days for each fund share [19][20] - The fund's subscription period is from September 1, 2025, to September 19, 2025, not exceeding 3 months [21] Fund Management and Custody - The fund is managed by Xinda Australia Fund Management Co., Ltd. and the custodian is Bank of Communications Co., Ltd. [50][51] - The fund's management and registration agency is also Xinda Australia Fund Management Co., Ltd. [52] Subscription and Redemption Rules - Each investor can only subscribe up to 10 million yuan per day, with a total subscription cap of 5 billion yuan [4][13] - The fund allows multiple subscriptions during the subscription period, but once a subscription application is accepted, it cannot be withdrawn [8][12] - Investors cannot redeem or transfer their shares until the 7th day after the fund contract takes effect [2][19] Fund Investment Strategy - The fund primarily invests in interbank certificates of deposit, specifically those rated AAA with a maturity of 1 year or less [14][15] - The fund aims to reflect the overall performance of AAA-rated interbank certificates of deposit [15] Fees and Charges - There is no subscription fee for investors, but a sales service fee will be charged as per the fund contract and prospectus [21] - The fund's share value is set at 1.00 yuan per share [20] Investor Eligibility - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [3][4] - The fund does not sell to financial institutions' proprietary accounts, except for the fund manager's own funds [13] Important Dates and Announcements - The fund's prospectus and contract will be disclosed on the company's website and the China Securities Regulatory Commission's electronic disclosure website on August 27, 2025 [54]

Core Viewpoint - The event focused on promoting innovation in the elderly finance sector through collaboration among financial institutions, aiming to enhance the quality of elderly financial services and address the challenges posed by an aging population [3][4][10] Group 1: Financial Institutions' Role - Financial institutions are leveraging their strengths in service scenarios, channel development, and product innovation to energize the silver economy and elderly finance [4] - Traffic Bank is focusing on three main directions: "trade-in, silver consumption, and cultural tourism integration" to promote consumption among the elderly [4] - China Minsheng Bank is enhancing elderly services through a "three-full" standard, which includes full process, full channel, and full staff engagement [5] Group 2: Multi-layered Elderly Financial Service System - Financial institutions possess four key advantages: vast customer base, channel accessibility, risk management capabilities, and financial technology [6] - Shanghai Trust is working on creating a "high, medium, and low" tiered trust account system to lower the entry barrier for elderly trusts [6][7] - The proactive investment standard for personal wealth management at Shanghai Trust has reached approximately 200 billion, including nearly 30 billion in "fixed income plus" products [7] Group 3: Challenges and Solutions in Elderly Finance - The industry faces challenges such as talent shortages and risk management, with suggestions for solutions including talent cultivation and multi-party collaboration [8] - Traffic Bank is training elderly finance advisors and establishing branches as service bases to enhance public awareness and service standards [8] - Minsheng Bank emphasizes a multi-dimensional risk prevention approach, including technology-driven solutions to protect elderly clients' finances [8] Group 4: Collaborative Funding System - There is a consensus on the need for a diversified funding system for elderly finance, involving government guidance, financial innovation, and corporate pension schemes [9] - Trust products should transition from being perceived as high-end tools to accessible life service tools, enhancing public understanding and experience [9][10] - The core principles of elderly finance include the importance of early planning for retirement funding, diverse funding methods, and the necessity of starting preparations early [10]

证券之星消息，8月26日国有大型银行板块较上一交易日下跌0.18%，交通银行领跌。当日上证指数报收 于3868.38，下跌0.39%。深证成指报收于12473.17，上涨0.26%。国有大型银行板块个股涨跌见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601288 农业银行 | | 2.65 Z | 6.80% | -7322.66万 | -1.88% | -1.91亿 | -4.92% | | 601328 交通银行 | | -2748.73万 | -2.82% | 1080.49万 | 1.11% | 1668.24万 | 1.71% | | 601658 邮储银行 | | -3405.92万 | -3.11% | 4881.62万 | 4.46% | -1475.70万 | -1.35% | | 601988 中国银行 | | -6823.34万 | -5.42% | -1584.64万 | - ...

Group 1 - The core viewpoint of the article is the strategic cooperation between Bank of Communications Yancheng Branch and Jianhu Rural Commercial Bank, focusing on mutual benefits in various financial services [1] - The two banks signed agreements on party building, digital currency, fund management, wealth management, agency services, and asset custody [1] - This partnership aims to combine the comprehensive and cross-regional capabilities of Bank of Communications with the localized service strengths of Jianhu Rural Commercial Bank [1]

Market Overview - Most large-cap stocks experienced declines, with HSBC Holdings closing at HKD 101.904, up 0.40% from the previous close, while Tencent Holdings closed at HKD 610.534, down 0.65% [1] Stock Performance Summary - Tencent Holdings (00700) saw an increase of HKD 14.500, or 2.42%, but was down HKD 3.966, or 0.65%, compared to the Hong Kong close [2] - Alibaba Group (09988) increased by HKD 6.500, or 5.51%, but was down HKD 3.067, or 2.46%, compared to the Hong Kong close [2] - HSBC Holdings (00005) rose by HKD 0.200, or 0.20%, and was up HKD 0.404, or 0.40%, compared to the Hong Kong close [2] - Xiaomi Group (01810) increased by HKD 0.950, or 1.81%, but was down HKD 0.407, or 0.76%, compared to the Hong Kong close [2] - AIA Group (01299) rose by HKD 1.750, or 2.40%, but was down HKD 0.559, or 0.75%, compared to the Hong Kong close [2] - Meituan (03690) increased by HKD 3.900, or 3.29%, but was down HKD 1.521, or 1.24%, compared to the Hong Kong close [2] - NetEase (09999) rose by HKD 12.400, or 6.04%, but was down HKD 5.730, or 2.63%, compared to the Hong Kong close [2] - Hong Kong Exchanges and Clearing (00388) increased by HKD 14.800, or 3.30%, but was down HKD 1.716, or 0.37%, compared to the Hong Kong close [2] - Industrial and Commercial Bank of China (01398) decreased by HKD 0.020, or 0.34%, and was down HKD 0.014, or 0.24%, compared to the Hong Kong close [2] - JD.com (09618) increased by HKD 5.200, or 4.28%, but was down HKD 1.642, or 1.30%, compared to the Hong Kong close [2] - Kuaishou Technology (01024) rose by HKD 3.850, or 5.14%, and was up HKD 4.842, or 6.15%, compared to the Hong Kong close [2] - Ctrip (09961) increased by HKD 11.000, or 2.18%, but was down HKD 0.933, or 0.18%, compared to the Hong Kong close [2]