Xin Lang Cai Jing·2025-10-20 05:35Group 1: Software ETF Performance - The Software ETF has a turnover rate of 4.42% and a transaction volume of 253 million yuan, ranking first among comparable funds as of October 17 [3] - The latest scale of the Software ETF reached 5.642 billion yuan, also ranking first among comparable funds [3] - Over the past five trading days, there were net inflows on four days, totaling 537 million yuan, with an average daily net inflow of 107 million yuan [3] - The net value of the Software ETF has increased by 13.21% over the past three years [3] - Since its inception, the Software ETF has recorded a highest monthly return of 39.35%, with the longest consecutive monthly gains being three months and a maximum increase of 69.40% [3] - The average return during the months of increase is 10.06% [3] Group 2: Key Holdings in Software Sector - As of September 30, 2025, the top ten weighted stocks in the CSI Software Service Index include iFlytek, Tonghuashun, Kingsoft Office, Zhinan Zhen, Hengsheng Electronics, Runhe Software, 360, Tuo Wei Information, Yonyou Network, and Deepin Technology, collectively accounting for 62.41% of the index [3] Group 3: Market Trends and Opportunities - Microsoft announced that Windows 11 23H2 Home and Professional editions will stop receiving security updates on November 11, 2025, affecting over 500 million users globally [3] - In the context of Microsoft's service contraction, domestic operating systems are experiencing rapid growth, with the market size surpassing 80 billion yuan and a replacement rate exceeding 70% in government, finance, and industrial sectors [4] - The domestic operating system's market share in server operating systems has reached 35% [4] - The urgency for domestic software innovation is highlighted, with opportunities in domestic operating systems, industrial software, databases, office software, enterprise management software, and security software being noteworthy [4] Group 4: Stock Performance of Key Companies - The stock performance and weight of key companies in the software sector include iFlytek (0.35%, 13.93%), Kingsoft Office (-0.05%, 8.15%), Tonghuashun (2.56%, 7.39%), Hengsheng Electronics (0.83%, 6.39%), Runhe Software (2.34%, 5.09%), 360 (0.78%, 4.49%), Softcom Power (0.57%, 3.92%), Tuo Wei Information (2.04%, 3.91%), Zhinan Zhen (0.14%, 3.62%), and China Software (-0.04%, 3.50%) [6] - Investors can also consider the Software ETF linked fund (012620) for AI software investment opportunities [6]