

Group 1 - The China Securities Index for the gold industry (931238) has decreased by 1.03% as of July 7, 2025, with mixed performance among constituent stocks [1] - The top-performing stocks include Chao Hong Ji (002345) with a rise of 5.67%, Zhuye Group (600961) up by 3.34%, and Mankalon (300945) increasing by 3.01% [1] - The latest price for the gold stock ETF fund (159322) is 1.21 yuan [1] Group 2 - As of July 4, the gold stock ETF fund has seen a net value increase of 22.83% over the past year [2] - The U.S. House of Representatives passed the "Big and Beautiful" tax and spending bill, which is projected to incur over $4.5 trillion in spending costs over the next decade [2] - The mismatch between current economic growth and future bond issuance is expected to continue impacting the dollar, leading to sustained valuation for gold as a "traditional currency" [2] Group 3 - The gold stock ETF fund closely tracks the China Securities Index for the gold industry, which selects 50 large-cap companies involved in gold mining, refining, and sales [4] - As of June 30, 2025, the top ten weighted stocks in the index account for 66.13% of the total index weight [4] Group 4 - The performance of the top ten holdings in the gold stock ETF fund shows varying declines, with Shandong Gold (600547) down by 0.82% and Zijin Mining (02899) down by 2.38% [5] - The largest weight in the ETF is held by Shandong Gold at 8.90%, followed by Zhongjin Gold (600489) at 7.66% [5]