Zheng Quan Zhi Xing·2025-08-29 11:29Core Viewpoint - The report provides a comprehensive overview of the Ping An CSI Automotive Parts Theme ETF's performance and management strategies for the first half of 2025, highlighting its investment objectives and financial metrics. Fund Overview - The fund is named Ping An CSI Automotive Parts Theme ETF, managed by Ping An Fund Management Co., Ltd., and is traded on the Shenzhen Stock Exchange [2][20]. - The fund aims to closely track the performance of the CSI Automotive Parts Theme Index, with a target to minimize tracking deviation and error [2][20]. - The fund's total shares at the end of the reporting period were 22,244,616 [2]. Financial Performance - The fund achieved a realized income of CNY 582,877.85 and a profit of CNY 450,202.49 during the reporting period [3][4]. - The weighted average profit per fund share was CNY 0.0231, with a net asset value growth rate of 6.45% [3][4]. - The fund's net asset value at the end of the reporting period was CNY 24,953,789.73, with a cumulative net value growth rate of 12.18% [4][3]. Investment Strategy - The fund employs a full replication strategy to construct an index investment portfolio based on the composition and weight of the underlying index [2][20]. - The fund's investment composition must include at least 90% in the index's constituent stocks and at least 80% in non-cash assets [20]. - The fund's performance benchmark is the return of the CSI Automotive Parts Theme Index [3][20]. Management Report - Ping An Fund Management Co., Ltd. has been managing the fund since its inception on April 29, 2024, and has a total of 230 public funds under management, with assets totaling approximately CNY 660 billion [6][20]. - The fund manager emphasizes the importance of risk control and compliance with relevant regulations to protect the interests of fund shareholders [10][13]. Financial Statements - The financial statements for the reporting period are prepared in accordance with the relevant accounting standards and reflect the fund's financial position as of June 30, 2025 [21][22]. - The fund did not experience any significant changes in accounting policies or estimates during the reporting period [22].