Venture(US:VEMLY) Xin Lang Cai Jing·2026-02-02 11:41Core Viewpoint - The A-share market experienced fluctuations, particularly in the entrepreneurial board's AI sector, which saw a significant drop after an initial rise, indicating volatility in the market [1][8]. Market Analysis - The entrepreneurial board AI ETF (159363) saw a notable decline of 4.07% at the close, with a trading volume of 9.59 billion yuan, but there was a net subscription of 130 million shares, suggesting investor confidence in the underlying fundamentals despite market volatility [1][10]. - The performance of leading companies in the optical module sector, such as Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication, is expected to be strong due to increased global investment in computing infrastructure and high demand for optical modules and devices [3][10]. Company Performance Forecasts - Zhongji Xuchuang is projected to achieve a net profit of 9.8 billion to 11.8 billion yuan in 2025, representing a year-on-year growth of 5% to 128.2% [5][14]. - Xinyi Sheng anticipates a net profit of 9.4 billion to 9.9 billion yuan in 2025, with a growth rate of 2% to 248.9% [5][14]. - Tianfu Communication expects a net profit of 8.1 billion to 21.5 billion yuan in 2025, with a growth rate of 40% to 60% [5][14]. Investment Strategy - The fund manager of the entrepreneurial board AI ETF emphasizes focusing on clear industry trends and assets with synchronized performance and valuation growth, particularly in the optical module sector, which is seen as a leading trend in the current market [3][11]. - The ETF's strategy includes a significant allocation towards computing (approximately 60%) and AI applications (approximately 40%), indicating a balanced approach to capitalize on both sectors [4][11].