融通新能源灵活配置混合A/B：2025年上半年利润577.17万元 净值增长率1.41%

Core Viewpoint - The AI Fund, focusing on flexible allocation in advanced manufacturing stocks, reported a profit of 5.77 million yuan for the first half of 2025, with a net asset value growth rate of 1.41% and a fund size of 366 million yuan as of mid-2025 [3][35]. Fund Performance - As of September 2, the fund's one-year cumulative net asset value growth rate reached 61.76%, ranking 36 out of 168 comparable funds [6]. - Over the past three months, the fund's net asset value growth rate was 49.34%, ranking 4 out of 171 comparable funds [6]. - The fund's six-month net asset value growth rate was 32.15%, ranking 11 out of 171 comparable funds [6]. Investment Strategy - The fund manager indicated a focus on long-term fundamental trends, targeting sectors such as lithium battery leaders, overseas energy storage, power equipment exports, and electric two-wheelers, while also incorporating some exposure to AI-related sectors like computing power and humanoid robots [3]. Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 33.18, compared to the industry average of 36.17 [12]. - The weighted average price-to-book (P/B) ratio was about 4.41, while the industry average was 2.99 [12]. - The weighted average price-to-sales (P/S) ratio was approximately 3.21, against an industry average of 2.5 [12]. Growth Metrics - For the first half of 2025, the weighted average revenue growth rate of the fund's stock holdings was 0.21%, and the weighted average net profit growth rate was 0.56% [20]. Fund Composition - As of June 30, 2025, the fund had a total of 42,600 holders, with individual investors holding 100% of the shares [39]. - The fund's top ten holdings included companies like CATL, Chuanfeng Power, and New Yisheng [44].