中国造船业连续16年居世界第一，全市场首只船舶ETF正式启航

Core Insights - The Chinese shipbuilding industry is experiencing growth, with a completion volume of 38.53 million deadweight tons from January to September 2025, representing a year-on-year increase of 6.0% [1] - As of the end of September, the hand-held order volume reached 242.24 million deadweight tons, marking a year-on-year growth of 25.3% [1] - The three major indicators of China's shipbuilding industry accounted for 53.8%, 67.3%, and 65.2% of the global total, maintaining a leading position worldwide [1] Industry Overview - The shipbuilding ETF (Fund Code: 560710, Subscription Code: 560713) is the first index fund focused on shipbuilding, tracking the CSI Smart Shipbuilding Industry Index, which includes 40 representative listed companies in shipbuilding-related fields [2] - The top three weighted sectors in the index are Marine Equipment III (45.06%), Other Power Equipment III (13.62%), and Energy Heavy Equipment III (9.52%), providing a comprehensive capture of the industry ecosystem [2] - The index heavily focuses on core assets, with companies under the China Shipbuilding Group accounting for 56% of the index, indicating strong coverage of industry leaders [2] Market Dynamics - The shipbuilding industry is in an upward trajectory due to multiple favorable factors, including global economic recovery, increased shipping demand, and urgent replacement needs due to an aging global fleet [2] - The industry has entered a new long-cycle starting point, supported by policies promoting "renewal and replacement," leading to sustained upward momentum in market conditions [2] - The CSI Smart Shipbuilding Industry Index has shown strong historical performance, with a growth of 56.70% since its base date (December 31, 2019), outperforming traditional shipbuilding indices and the CSI 300 Index [2] Fund Management - The shipbuilding ETF will be managed by experienced fund manager Su Huaqing, who has 7 years of experience in the securities industry [3] - The fund benefits from the quantitative research capabilities of the established investment team at the fund company, which has been active since 2009 [3] - The launch of the shipbuilding ETF aligns with national strategies for marine economic development and aims to attract social capital into sustainable marine sectors [3]