汽车ETF（516110）涨超1.1%，行业数据与智能化进展提振市场信心

Group 1 - The core viewpoint indicates that the passenger car industry is expected to show a "stable volume and slow price" trend in 2025, with terminal sales growth forecasted between 5% and 10% year-on-year [1] - In the second week of August, 383,000 passenger cars were insured, and strong performance is anticipated for H2 2025 sales [1] - The industry inventory is at a reasonable level, with the share of Chinese brands continuing to rise due to the boost from new energy vehicles [1] Group 2 - The heavy truck market saw wholesale, terminal, and export figures increase by 37.1%, 47.0%, and 20.3% year-on-year in June, respectively, with domestic sales expected to have an elasticity range of 12% to 40% in 2025 [1] - The inventory remains healthy, and logistics demand is recovering [1] - The automotive ETF (516110) tracks the 800 automotive index (H30015), which selects listed companies involved in vehicle manufacturing, parts supply, and related services to reflect the overall performance of the automotive industry [1] Group 3 - The 800 automotive index focuses on the entire automotive industry chain, with constituent stocks covering core areas of the industry, providing a high degree of industry concentration and representativeness [1] - Investors without stock accounts can consider the Guotai Zhongzheng 800 Automotive and Parts ETF Initiated Link A (012973) and Link C (012974) [1]