Mei Ri Jing Ji Xin Wen·2025-07-21 05:48Core Viewpoint - The report highlights significant adjustments in the portfolio of funds managed by Cui Chenlong, focusing on increased investments in solid-state battery technology and robotics, while reducing holdings in companies like China Unicom and Chipone Technology. Despite these strategic shifts, the performance of the funds has not been outstanding, with some showing negative returns [1][5]. Group 1: Fund Adjustments - Cui Chenlong's funds have notably increased their positions in solid-state battery companies such as Shenghong Co. and Jinpan Technology, with share increases of 25.82% and 48.09% respectively compared to the end of the first quarter [1][2]. - Other funds managed by Cui also reflect similar trends, with increased holdings in Shenghong Co. and Jinpan Technology, while reducing stakes in China Unicom, Chipone Technology, and Shandong Gold [3][4]. Group 2: Performance and Market Sentiment - The overall performance of Cui Chenlong's funds has been lackluster, with several funds experiencing net redemptions due to poor performance, including a significant redemption of approximately 18.3 million shares in the previously high-performing Qianhai Kaiyuan Public Utilities fund [5][6]. - The Qianhai Kaiyuan Public Utilities fund recorded a net value growth rate of 4.25% in the second quarter, making it the best-performing fund among those managed by Cui, although it still ranked poorly among similar funds [5][6]. Group 3: Future Outlook - Looking ahead, Cui Chenlong expresses optimism about investment opportunities in emerging sectors such as robotics and artificial intelligence, anticipating significant applications by 2025 [5]. - The report indicates a continued focus on the energy sector, with an emphasis on long-term investment opportunities despite short-term market fluctuations in certain segments [5][6].