鹏华基金：以资本为翼，助力科创投资“破浪前行”

Core Viewpoint - Technological innovation is the core driving force for high-quality economic development in China, and the capital market plays a crucial role in supporting national strategies and promoting technological innovation and industrial upgrades [1][8]. Group 1: Policy Response - The China Securities Regulatory Commission (CSRC) emphasizes the capital market's role in supporting technological innovation through the implementation of the "Five Major Financial Articles" [2]. - The CSRC's recent reform plan aims to develop various index funds and optimize the registration process for equity funds, aligning with national strategic goals [2]. - Penghua Fund actively responds to these policies by focusing on supporting technological innovation as part of its social responsibility [2][3]. Group 2: Value Discovery - Penghua Fund has established a "Technology Investment Community" and a "Technology Investment Index Matrix" to capture high-growth enterprises and long-term investment value [4]. - The fund has launched various products covering the STAR Market, ChiNext, and the AI industry chain, including the "Lighthouse Fund" series that covers multiple broad-based indices [4][5]. - Specific products like the Penghua STAR 50 Enhanced ETF and the Penghua STAR 100 ETF have been highlighted as significant innovations in the market [4]. Group 3: Ecological Co-builder - As of May 2025, the total size of listed ETFs in China has surpassed 4 trillion, indicating a thriving ETF market [7]. - Penghua Fund collaborates with various institutions to enhance the ETF ecosystem and improve investor experience, including educational initiatives and live broadcasts to engage investors [7]. - The fund continues to promote a virtuous cycle between technology, industry, and finance through various outreach activities [7]. Group 4: Performance Metrics - As of March 31, 2025, Penghua's Hong Kong Technology ETF achieved a net value growth rate of 73.14%, while the Semiconductor ETF saw a growth rate of 45.85% [6]. - Other funds, including the Penghua STAR 50 Enhanced ETF and the Big Data ETF, also reported over 30% net value growth during the same period [6].