布局高盈利质量核心资产，兴证全球沪深300质量ETF正在发行

Core Viewpoint - The launch of the first ETF tracking the CSI 300 Quality Index by Xingzheng Global Fund provides investors with a tool for long-term investment in high-quality core assets in the A-share market, amidst market volatility and changing investment themes [1] Group 1: Index and Performance - The CSI 300 Quality Index selects 50 stocks from the CSI 300 based on profitability, stability, and quality, with 32 of these stocks having a market capitalization over 100 billion, representing 64% of the index [1] - As of October 31, 2025, the CSI 300 Quality Index has increased by 72.19% over the past ten years, with an annualized return of 5.75%, outperforming the CSI 300 Index by 31.31% [2] - The annualized volatility of the CSI 300 Quality Index is 18.30%, lower than the CSI 300 Index's 24.67%, indicating a better risk-return profile [2] Group 2: Market Conditions and Opportunities - The current economic recovery phase presents a favorable opportunity for quality factors, as leading companies are likely to benefit earlier from economic improvements, offering higher profitability and certainty [3] - The emphasis on "high-quality development" in the national 14th Five-Year Plan is expected to release policy dividends that will benefit high-quality companies with strong profitability and technological innovation [3] - The CSI 300 Quality Index has a price-to-earnings ratio of 22.46, which is at the 71.24th percentile historically, suggesting attractive valuation levels for investors [3] Group 3: Company Background and Product Offering - Xingzheng Global Fund has been recognized as a "Golden Bull Fund Management Company" 12 times and has won a total of 71 Golden Bull Awards, reflecting its long-term investment management capabilities [4] - The launch of the CSI 300 Quality Index ETF fills a gap in the market for tools in this specific index area, providing a choice that combines historical performance validation with future valuation potential [4] - Xingzheng Global Fund has 15 years of experience in index investment, having launched its first enhanced index fund in November 2010, which contributes to its expertise in product management and execution [4]