重要提示 1、国泰中证港股通汽车产业主题交易型开放式指数证券投资基金（以下简称"本基金"）的募集已获中 国证监会证监许可【2025】1699号文准予注册募集。中国证监会对本基金募集的注册，并不表明其对本 基金的投资价值、市场前景和收益做出实质性判断或保证，也不表明投资于本基金没有风险。 2、本基金类别为股票型证券投资基金，运作方式为交易型开放式。 登录新浪财经APP 搜索【信披】查看更多考评等级 3、本基金的基金管理人为国泰基金管理有限公司（以下简称"本公司"），基金托管人为宁波银行股份 有限公司，登记机构为中国证券登记结算有限责任公司。 4、本基金募集对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、合格境 外投资者以及法律法规或中国证监会允许购买证券投资基金的其他投资人。 5、本基金自2025年9月3日至2025年9月12日进行发售。投资者可选择网上现金认购和网下现金认购2种 方式。其中，网上现金认购的日期为2025年9月3日至2025年9月12日，网下现金认购的日期为2025年9月 3日至2025年9月12日。如上海证券交易所对网上现金认购时间作出调整，本公司将作出相应调整并及时 公 ...

Core Viewpoint - The company, Nanjing Huaxian Co., Ltd., is undergoing a major asset swap and cash purchase transaction, which will transform its main business to focus on the research, production, and sales of rolling functional components, specifically after acquiring 100% of Nanjing Technology's shares [1][2]. Group 1: Asset and Business Structure - The company will divest all original business assets and liabilities, and Nanjing Technology will become its wholly-owned subsidiary, maintaining its independent operational status and existing management team [1][2]. - The transaction will not involve the integration of Nanjing Technology's existing business, assets, or personnel, as the original assets will be completely divested [3][4]. Group 2: Market Position and Competition - Nanjing Technology has ranked first in revenue within the rolling functional components sector in China's machine tool industry for nine consecutive years, although it faces significant competition from European and Japanese brands in the high-end market [1][6]. - The rolling functional components industry is characterized by intense competition, with domestic manufacturers struggling to compete in the mid-to-high-end market against established international brands [7][8]. Group 3: Financial Performance and Growth Potential - The company's revenue from key application areas such as CNC machine tools, photovoltaic and semiconductor, injection molding, and intelligent manufacturing accounted for 90% of total revenue, indicating strong market demand [5][6]. - Nanjing Technology's estimated market share in the rolling functional components sector is approximately 6.95%, suggesting substantial growth potential despite its current leading position in the domestic market [8][11]. Group 4: Product Advancements and Technological Capabilities - Nanjing Technology has developed products that meet international advanced standards, with key performance indicators in rolling ball screw and guide rail products showing competitive advantages over domestic and international counterparts [10][12]. - The company has participated in numerous national technology projects and has been recognized for its contributions to the advancement of high-end CNC machine tools and other critical manufacturing equipment [13][14]. Group 5: Strategic Importance and Future Outlook - The transaction is expected to enhance the company's financial metrics significantly, benefiting all shareholders, including minority investors, by improving profitability and sustainable operational capabilities [17]. - Nanjing Technology's commitment to quality management and continuous improvement positions it well for future growth in both domestic and international markets, particularly in high-end equipment sectors [15][16].

Group 1 - The core viewpoint of the news is that CIMC Vehicles is actively adapting to market challenges and opportunities through strategic initiatives like the "Starlink Plan" and "Big White Bear Plan" to enhance production efficiency and market share [2] - CIMC Vehicles held an investor relations event on August 26, 2025, with participation from 77 institutions, including CITIC Securities and CICC, to discuss the company's development strategy and business progress [1] - The "Starlink Plan" has entered the IMP2 phase in the first half of 2025, contributing nearly 30% to total revenue, with improvements in profit and sales profit margin [2] Group 2 - In the North American market, CIMC Vehicles sold 7,888 units in the first half of 2025 despite a 24.3% year-on-year decline in semi-trailer production, indicating resilience in a challenging environment [2] - The company is planning to build a super center in Luzhou and has established a marketing service company and a delivery warehouse in the first half of 2025 to support its EV·DTB business [2] - CIMC Vehicles is launching the "Hannover Plan" to expand its pure electric head trailer product lineup and is actively participating in the formulation of national standards to accelerate product commercialization [2]

Fund Overview - The fund is named Penghua CSI Internet of Vehicles Theme ETF, with a total fund share of 52,799,732.00 as of the report date [2][3] - The fund aims to closely track the benchmark index with a daily tracking deviation of less than 0.2% and an annual tracking error of less than 2% [2][3] - The fund employs a passive index investment strategy, adjusting the investment portfolio according to changes in the benchmark index's constituent stocks and their weights [2][3] Financial Performance - The fund achieved a realized income of 2,989,438.77 and a profit of 1,500,373.16 during the reporting period [3][4] - The net asset value at the end of the reporting period was 47,738,549.72, with a net asset value per share of 0.9041 [3][4] - The cumulative net value growth rate of the fund was -9.59% [3][4] Market Context - The A-share market exhibited an "N-shaped" trend in the first half of the year, with the Shanghai Composite Index rising by 2.76% [11] - Economic growth was supported by stable domestic demand, better-than-expected exports, and rapid industrial production, laying a solid foundation for the year [11][12] - The technology sector, particularly artificial intelligence and robotics, performed well early in the year, while other sectors like banking and new consumption gradually took over as market hotspots [11][12] Industry Insights - The integration of vehicle-road-cloud technology continues to progress in China, driven by policy support and technological exploration, although the pace of development has not met expectations [12][13] - The deployment of V2X technology is enhancing vehicle-road-cloud interaction efficiency, but cost pressures are causing car manufacturers to be cautious about investing in vehicle communication capabilities [12][13] - Future development in the vehicle-road-cloud industry requires attention to cost-sharing mechanisms and the exploration of business models, with a generally optimistic outlook for growth potential [12][14]

Fund Overview - The fund is named Penghua Guozheng Nonferrous Metals Industry Exchange-Traded Open-Ended Index Securities Investment Fund, with an indefinite contract duration and listed on the Shenzhen Stock Exchange since March 25, 2021 [2][3] - The investment objective is to closely track the benchmark index, aiming to minimize tracking deviation and error, with daily tracking deviation controlled within 0.2% and annual tracking error within 2% [2][4] Financial Performance - The fund achieved a realized income of CNY 316,177.28 and a profit of CNY 14,740,757.80 during the reporting period [8] - The weighted average profit per fund share was CNY 0.1542, with a net asset value growth rate of 15.13% and a cumulative net value growth rate of 14.66% [10][18] - The fund's net asset value at the end of the reporting period was CNY 95,225,831.53, with a distributable profit of CNY 12,174,313.53 [8][22] Investment Strategy - The fund employs a passive index investment strategy, constructing an investment portfolio based on the benchmark weights of constituent stocks and adjusting according to changes in the index [4][5] - Adjustments to the investment portfolio may occur due to changes in constituent stocks, liquidity issues, or other market factors, aiming to minimize tracking error [4][5] Market Context - The fund's benchmark index, the Guozheng Nonferrous Metals Industry Index, outperformed major broad indices during the reporting period, with a growth rate of 14.52% [17][18] - The macroeconomic environment was favorable for the nonferrous metals sector, with a weak dollar and tariff impacts benefiting prices of gold, copper, and other metals [17][18] Management and Compliance - The fund is managed by Penghua Fund Management Co., Ltd., which has extensive experience in fund management and compliance with relevant regulations [12][16] - The fund's operations adhered strictly to the fund contract and regulatory requirements, ensuring no actions detrimental to the interests of fund shareholders occurred during the reporting period [16][21]

鹏华国证证券龙头交易型开放式指数证券 投资基金 基金管理人：鹏华基金管理有限公司 基金托管人：中信证券股份有限公司 送出日期：2025 年 8 月 28 日 龙头券商 2025 年中期报告 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。 基金托管人中信证券股份有限公司根据本基金合同规定，于 2025 年 08 月 27 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 01 月 01 日起至 2025 年 06 月 30 日止。 第 2页 共 48页 龙头券商 2025 年中期报告 龙头券商 2025 年中期报告 第 ...

Overview - The company plans to provide financial assistance of up to 80 million yuan to its subsidiary, Xingneng Maoye, to support its business development without affecting its own operations [1][6]. Financial Assistance Details - The financial assistance will be charged at a rate not lower than the one-year Loan Prime Rate (LPR) published by the National Interbank Funding Center and not lower than the company's actual bank borrowing rate [1][6]. - The financial assistance is valid for 36 months from the date of board approval, with the borrowing amount being available for revolving use during this period [1][6]. Related Party Transactions - The company holds 64.20% of Xingneng Maoye, making it the controlling shareholder, while the chairman and vice president hold 8.00% and 7.30% of the subsidiary, respectively [2][4]. - The transaction constitutes a related party transaction as the chairman and vice president did not proportionally provide financial assistance to Xingneng Maoye [2][8]. Financial Status of Xingneng Maoye - As of December 31, 2024, Xingneng Maoye reported total assets of 1,476.62 million yuan and total liabilities of 564.90 million yuan, resulting in net assets of 911.72 million yuan [5]. - For the first quarter of 2025, the company reported a net profit of -537.79 million yuan [5]. Approval Process - The independent directors, board of directors, and supervisory board have all approved the financial assistance proposal, confirming that it aligns with the company's strategic goals and does not adversely affect its operations [8][9].

Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management to enhance fund efficiency and returns for the company and its shareholders [3][5][8] Fundraising Overview - The company raised a total of RMB 1,019.6 million by issuing 40 million A shares, with a net amount of RMB 1,010.5 million after deducting issuance costs [1] - The funds were fully received by August 19, 2024, and verified by an accounting firm [1] Investment Projects - The company has allocated funds for specific investment projects, including a total of RMB 122,020.99 million for the Western Laser Intelligent Equipment Manufacturing Base Project (Phase I) [2] Cash Management Details - The company intends to use up to RMB 150 million of idle funds for cash management, which can be rolled over within this limit [3] - The investment period for these cash management activities is valid for one year from the board's approval date [4] - The company will invest in high-security, liquid financial products, ensuring that these funds are not used for pledging or securities investment [4] Implementation and Disclosure - The chairman is authorized to make investment decisions and sign relevant documents, with the finance department responsible for implementation [4] - The company will comply with disclosure obligations as per relevant regulations, ensuring no change in the intended use of raised funds [4] Impact on Operations - The cash management plan will not affect the normal operation of the company or the execution of fundraising projects, while also providing potential investment returns [5][6] - The company aims to use the returns primarily to cover any shortfalls in investment amounts and for daily operational liquidity [4][5] Approval Process - The proposal for cash management was approved by the company's board and supervisory board [6][7] - The supervisory board supports the plan, stating it will enhance fund efficiency without harming the interests of the company or minority shareholders [7][8] Sponsor's Opinion - The sponsor, CITIC Securities, confirms that the cash management plan complies with relevant regulations and will not alter the intended use of the raised funds [8]

Fund Overview - The fund is named "Zhaoshang Zhongzheng Shanghai Environmental Exchange Carbon Neutrality ETF" and was established on July 14, 2022 [2] - The fund aims to closely track the performance of the underlying index, with a target of keeping the average tracking deviation within 0.2% and annual tracking error within 2% [2][3] - The fund's total shares at the end of the reporting period were 335,719,131 [2] Financial Performance - The fund reported a realized loss of approximately 11.74 million RMB during the reporting period [3] - The net profit for the period was approximately 4.70 million RMB, resulting in a weighted average net value profit rate of 1.66% [3][9] - The fund's net asset value at the end of the reporting period was approximately 267.88 million RMB, with a net asset value per share of 0.7979 RMB [3][16] Investment Strategy - The fund employs a full replication strategy, investing directly in the components of the underlying index [2] - The fund's investment strategy includes various asset classes such as stocks, bonds, and derivatives, with a focus on maintaining a close alignment with the index [2][20] - The fund's performance benchmark is the return of the Zhongzheng Shanghai Environmental Exchange Carbon Neutrality Index [21] Market Environment - The report indicates that fiscal and monetary policies have been working together to stabilize growth, with active capital market performance supported by policy measures [8] - The market has shown structural opportunities, with certain sectors like non-ferrous metals and banking performing well, while others like coal and real estate lagged [8][10] Management and Compliance - The fund management company, Zhaoshang Fund Management Co., Ltd., has been operating in compliance with relevant laws and regulations, ensuring the protection of investors' interests [5][7] - The fund has established a comprehensive research and investment decision-making process to ensure fair investment opportunities across its portfolios [6][7]

招商中证云计算与大数据主题交易型 开放式指数证券投资基金 2025 年中期 报告 基金管理人：招商基金管理有限公司 基金托管人：中信证券股份有限公司 送出日期：2025 年 8 月 28 日 招商中证云计算与大数据主题交易型开放式指数证券投资基金 2025 年中期报告 基金管理人的董事会及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。 基金托管人中信证券股份有限公司根据本基金合同规定，于 2025 年 8 月 27 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。 第 1 页 共 52 页 招商中证云 ...