JAC(SH:600418) Sou Hu Cai Jing·2025-07-21 15:38Core Viewpoint - The China Small and Medium State-Owned Enterprise Reform Index has shown significant growth, reflecting the overall performance of small and medium-sized state-owned enterprises undergoing reform [1][2]. Group 1: Index Performance - The China Small and Medium State-Owned Enterprise Reform Index reported a rise of 9.43% over the past month, 10.19% over the last three months, and 5.02% year-to-date [1]. - The index is based on companies that are part of state-owned enterprise reform initiatives and has a base date of December 31, 2013, with a starting point of 1000.0 [1]. Group 2: Index Composition - The top ten holdings in the index include Jianghuai Automobile (3.32%), China Rare Earth (3.13%), Yuntianhua (3.08%), Huagong Technology (3.0%), China Great Wall (2.8%), Western Superconducting (2.52%), AVIC High-Tech (2.39%), Goldwind Technology (2.22%), Siwei Technology (2.15%), and Shanghai Beiling (2.08%) [1]. - The index's holdings are primarily listed on the Shanghai Stock Exchange (53.60%) and Shenzhen Stock Exchange (46.40%) [1]. Group 3: Industry Breakdown - The industry composition of the index shows that industrials account for 43.54%, materials for 19.90%, information technology for 16.05%, consumer staples for 5.47%, consumer discretionary for 4.41%, utilities for 3.96%, real estate for 2.66%, healthcare for 2.54%, and communication services for 1.47% [2]. - The index samples are adjusted quarterly, with changes implemented on the next trading day following the second Friday of March, June, September, and December [2].