来源：新浪基金∞工作室 中证500成长ETF银华（562340）业绩比较基准为中证500质量成长指数收益率×100%，管理人为银华基 金管理股份有限公司，基金经理为张亦驰，成立（2024-04-25）以来回报为39.20%，近一个月回报为 3.00%。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 2月24日，截止午间收盘，中证500成长ETF银华（562340）涨1.73%，报1.415元，成交额45.79万元。中 证500成长ETF银华（562340）重仓股方面，巨人网络截止午盘跌4.69%，西部矿业涨2.60%，天山铝业 涨1.05%，厦门钨业涨0.82%，通富微电涨2.12%，宏发股份涨2.38%，杰瑞股份涨5.15%，睿创微纳涨 0.17%，豪迈科技涨0.16%，金诚信涨2.94%。 ...

Group 1 - The core viewpoint of the article highlights the performance of the CSI 500 Growth ETF managed by Huaxia Fund Management, which has seen a return of 29.67% since its inception on July 19, 2022, and a return of 0.82% over the past month [1][1][1] - As of the midday close on February 13, the CSI 500 Growth ETF (159620) fell by 0.77%, trading at 1.289 yuan with a transaction volume of 893,900 yuan [1][1][1] - The top holdings of the CSI 500 Growth ETF include stocks such as Ruichuang Micro-Nano, which rose by 0.94%, and Changchuan Technology, which increased by 2.50%, while stocks like Hehe Information and Dazhu CNC experienced declines of 1.37% and 0.15%, respectively [1][1][1] Group 2 - The performance benchmark for the CSI 500 Growth ETF is the return rate of the CSI Smart Selection 500 Growth Innovation Strategy Index [1][1][1] - The fund is managed by Huaxia Fund Management Company, with Rong Ying serving as the fund manager [1][1][1]

Core Viewpoint - The semiconductor design sector in the STAR Market is experiencing significant growth, with key stocks showing strong performance and an increase in ETF investments, driven by rising demand and pricing in the memory and storage markets [1][2]. Group 1: Market Performance - The STAR Market Chip Design Theme Index (950162) rose by 1.10% as of February 13, 2026, with notable increases in constituent stocks such as Shengke Communication (+10.18%) and Jiewate (+6.45%) [1]. - The E Fund STAR Chip Design ETF (589030) increased by 0.94%, with a recent price of 1.07 yuan, and has seen a cumulative increase of 6.74% over the past week [1]. - The ETF recorded a turnover rate of 2.01% during the trading session, with a total transaction volume of 9.3767 million yuan [1]. Group 2: Fund Growth and Inflows - The E Fund STAR Chip Design ETF has seen a significant increase in scale, growing by 1.7171 million yuan over the past two weeks, ranking second among comparable funds [1]. - The ETF's share count increased by 14.1 million in the past month, also ranking second among comparable funds [1]. - Over the last ten trading days, the ETF attracted a total of 10.7451 million yuan in inflows [1]. Group 3: Industry Insights - According to TrendForce, DRAM contract prices have risen by over 40% in Q4 2025, with further increases expected in Q1 2026, particularly in the DDR4 market due to supply-demand imbalances [2]. - Wanlian Securities highlights the ongoing AI wave driving demand for key hardware components, suggesting that storage and PCB sectors are in an expansion cycle, with potential growth in AI consumer electronics [2]. - The E Fund STAR Chip Design ETF has achieved an 80.00% weekly profit percentage and a 77.78% monthly profit probability since its inception [2]. Group 4: Fee Structure and Index Composition - The management fee for the E Fund STAR Chip Design ETF is 0.50%, and the custody fee is 0.10%, which are among the lowest in comparable funds [3]. - The STAR Market Chip Design Theme Index primarily includes companies involved in chip design, with digital chip design accounting for 76.8% of the index weight, benefiting from industry uptrends [3]. - As of January 30, 2026, the top ten weighted stocks in the index account for 58.7% of the total index, including companies like Lanqi Technology and Haiguang Information [3].

Core Viewpoint - The semiconductor industry chain places chip design at the top, recognized for its high R&D investment, high gross margins, and light asset operation, making it the segment with the highest added value in the industry. The E Fund Sci-Tech Chip Design ETF (589030) serves as a standardized observation tool to effectively monitor fluctuations in this segment [1]. Group 1: Index Characteristics - The E Fund Sci-Tech Chip Design ETF (589030) closely tracks the Shanghai Stock Exchange Sci-Tech Board Chip Design Theme Index, which has a high "purity" as it exclusively selects listed companies in the semiconductor design sector from the Sci-Tech Board, excluding heavy asset wafer manufacturing and backend testing [2]. - Digital chip design and analog chip design are the top two weighted industries in the index, together accounting for over 90%, allowing the index to accurately reflect the overall prosperity of the chip design segment without being affected by manufacturing capital expenditure fluctuations [2]. Group 2: Component Stock Overview - The ETF's holdings include several core enterprises in the domestic semiconductor field, with the top ten component stocks being: - Lanqi Technology - Haiguang Information - Chipone Technology - Cambricon - Baiwei Storage - Ruichuang Micro-Nano - Dongxin Technology - Loongson Technology - Zhenlei Technology - Fudan Microelectronics [3]. - The business distribution focuses on three main areas: - Computing and calculation chips, such as Haiguang Information and Cambricon, which are crucial for domestic computing infrastructure [4]. - Memory interface and storage logic, including Lanqi Technology (memory interface chips) and Baiwei Storage (storage devices) [5]. - Analog chips, such as Ruichuang Micro-Nano (infrared detectors) and Zhenlei Technology (RF chips), applicable in various industrial and consumer electronics scenarios [6]. Group 3: Market Insights - Recent reports from major brokerages highlight structural recovery opportunities in the semiconductor industry, with the chip design segment identified as a direction where performance elasticity is expected to be realized first [7]. - In the storage sector, Guosheng Securities notes that under the backdrop of original manufacturers reducing production and supply-demand tightness, module manufacturers with stable, high-quality particle supply are likely to benefit significantly from the AI era's supply-demand tightness, price increases, and domestic production upgrades [8]. - CITIC Securities emphasizes that "self-control and AI computing power" will be the absolute main line throughout 2026, indicating that the domestic computing power industry chain is transitioning from "point breakthroughs to systematic reconstruction" [9]. Group 4: Industry Tool Attributes - For observers focused on semiconductor industry logic, tracking the performance of the E Fund Sci-Tech Chip Design ETF (589030) provides a direct reflection of market recognition of valuation fluctuations in the chip design segment. This index tool, focusing on the upstream high-value-added segment, offers a precise "slice" for analyzing the trends of hard technology on the Sci-Tech Board [11]. - As of February 11, 2026, the index achieved a 69.47% increase over the statistical period, significantly reflecting the high elasticity characteristics of the chip design segment during industry upcycles [12].

Investment Rating - The report maintains a "Buy" rating for the aerospace and military industry, with specific recommendations for several companies [8][42]. Core Viewpoints - The report emphasizes the increasing uncertainty in international security, highlighting opportunities in military trade as countries ramp up defense spending. For instance, the U.S. has approved military sales worth $6.67 billion to Israel and $9 billion to Saudi Arabia, indicating a vibrant military trade market [11][12]. - The report suggests that China's military equipment demand is expected to grow, particularly in new domains and advanced weaponry, aligning with the "14th Five-Year Plan" [13][17]. - The military trade market is anticipated to remain active, with China positioned as a key supplier capable of providing comprehensive solutions [11][12]. Summary by Sections Industry Investment Rating - The aerospace and military industry is rated as "Buy" with a focus on specific companies such as AVIC Shenyang Aircraft Corporation, Guorui Technology, and others [8][42]. Key Companies - Recommended companies include: - AVIC Shenyang Aircraft Corporation (600760 CH) - Guorui Technology (600562 CH) - Western Superconducting Technologies (688122 CH) - Guotai Group (603977 CH) - Ruichuang Micro-Nano (688002 CH) - Steel Research and Testing (300797 CH) - Northern Navigation (600435 CH) - Gaode Infrared (002414 CH) - Aerospace Rainbow (002389 CH) - Aerospace Intelligent Manufacturing (300446 CH) [3][42]. Market Trends - The report notes a structural shift in military equipment demand, with a focus on new technologies such as unmanned systems and advanced weaponry. The "14th Five-Year Plan" is expected to drive significant growth in these areas [13][15][16]. - The military trade market is projected to grow, with China's market share expected to increase from 5.87% to a more competitive position as global military spending rises [17][18]. Performance Metrics - As of February 6, 2026, the Shenyuan Defense and Military Index has a PE (TTM) of 95.29, indicating a high valuation relative to historical levels [39][40].

Group 1 - The China Securities 500 Growth ETF (562340) opened down 0.51% at 1.359 yuan [1] - Major holdings in the ETF experienced declines, including Giant Network down 0.54%, Western Mining down 5.87%, and Tianshan Aluminum down 3.19% [1] - The ETF's performance benchmark is the return rate of the China Securities 500 Quality Growth Index multiplied by 100% [1] Group 2 - The fund is managed by Yinhua Fund Management Co., Ltd., with Zhang Yichi as the fund manager [1] - Since its establishment on April 25, 2024, the ETF has returned 37.36%, with a one-month return of 5.14% [1]

Core Viewpoint - The company has completed the registration of restricted stock vesting, leading to an adjustment in the conversion price of its convertible bonds, which will affect the trading of its securities [2][6]. Group 1: Stock Vesting and Price Adjustment - The company completed the registration of 203,310 shares from the fourth vesting period of its 2020 restricted stock incentive plan on February 4, 2026, increasing its total share capital from 460,238,329 shares to 460,441,639 shares [2][24]. - The conversion price of the "Raytron Convertible Bonds" has been adjusted from 39.13 CNY per share to 39.12 CNY per share, effective from February 9, 2026 [6][8]. - The adjustment in the conversion price is based on the issuance of new shares and follows specific formulas outlined in the company's bond issuance prospectus [4][8]. Group 2: Financial Impact and Shareholder Information - The newly issued shares represent approximately 0.04% of the total share capital before the vesting, which is not expected to have a significant impact on the company's recent financial performance [26]. - The company reported a net profit attributable to shareholders of approximately 706.78 million CNY for the first nine months of 2025, with an expected dilution in earnings per share due to the increase in total shares [26]. - The shares from the incentive plan will be listed for trading on February 10, 2026, and there are specific transfer restrictions for shares held by directors and senior management [13][24].

Core Viewpoint - Ruichuang Micro-Nano announced the results of the fourth vesting period for the reserved grant of its 2020 restricted stock incentive plan, indicating the company's ongoing commitment to employee incentives and stock performance [1] Group 1 - The stock type being listed is equity incentive shares [1] - The total number of shares available for circulation is 203,310 shares [1] - The listing date for the shares is set for February 10, 2026 [1]

一、可转换公司债券转股价格调整依据 公司已于 2026 年 2 月 4 日完成了 2020 年限制性股票激励计划预留授予部分 第四个归属期归属的股份登记手续，公司股本总数 460,238,329 股增加至 460,441,639 股 ， 具 体 内 容 详 见 公 司 于 同 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《关于 2020 年限制性股票激励计划预留授予部分第四 | 证券代码：688002 | 证券简称：睿创微纳 | 公告编号：2026-011 | | --- | --- | --- | | 转债代码：118030 | 转债简称：睿创转债 | | 烟台睿创微纳技术股份有限公司 关于本次限制性股票归属登记完成后 调整可转债转股价格暨转股停牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 证券停复牌情况：适用 因烟台睿创微纳技术股份有限公司（以下简称"公司"）本次限制性股票归属完成 登记增发新股，引发"睿创转债"转股价格调整,本公司的相关证券停复牌情况如 下 ...

烟台睿创微纳技术股份有限公司 | 证券代码：688002 | 证券简称：睿创微纳 公告编号：2026-010 | | --- | --- | | 转债代码：118030 | 转债简称：睿创转债 | 关于 2020 年限制性股票激励计划预留授予部分 第四个归属期归属结果暨股份上市的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 根据中国证监会、上海证券交易所、中国证券登记结算有限责任公司上海分 公司有关业务规则的规定，烟台睿创微纳技术股份有限公司（以下简称"公司"）于 2026 年 2 月 4 日收到中国证券登记结算有限责任公司上海分公司出具的《证券变 更登记证明》，公司于 2026 年 2 月 4 日完成了公司 2020 年限制性股票激励计划（以 下简称"本激励计划"）预留授予部分第四个归属期归属的股份登记工作。现将有 关情况公告如下： 一、本次限制性股票归属的决策程序及相关信息披露 1、2020年7月2日，公司召开第二届董事会第九次会议，审议通过了《关于< 烟台睿创微纳技术股份有限公司2020年限制性股票激励计划（ ...