| 基金管理人名称 | 招商基金管理有限公司 | | --- | --- | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》、 | | | 《证券基金经营机构董事、监事、高级管理人员 | | | 及从业人员监督管理办法》 | | 高管变更类型 | 新任基金管理人副总经理 | 中国经济网北京8月26日讯今日，招商基金公告，任命谭智勇为副总经理。 谭智勇2004年7月至2025年7月曾在招商银行（600036）股份有限公司、招商信诺人寿保险有限公司工 作。2025年7月加入招商基金管理有限公司，现任公司副总经理。 | 新任高级管理人员职务 | 副总经理 | | --- | --- | | 新任高级管理人员姓名 | 调智勇 | | 是否经中国证监会核准取得高管任职资格 | | | 中国证监会核准高管任职资格的日期 | | | 任职日期 | 2025年8月26日 | | 过往从业经历 | 2004年7月至2025年7月曾在招商银行股份有 | | | 限公司、招商信诺人寿保险有限公司工作。2025 | | | 年7月加入招商基金管理有限公司,现任公司副 | | | 总经理。 | | 取得的相关从业资格 | ...

Group 1 - The article discusses the investment strategy for various bonds, suggesting to focus on 8-9Y government bonds and 7Y agricultural development bonds while avoiding 6-9Y national development bonds and 6Y policy bank bonds [1] - The 10Y national development bond (250215) has a current spread of around 0BP and a total outstanding amount of 367 billion yuan, with increasing trading volume indicating it may become a primary bond [1] - The new issuance of the 30Y bond (25T6) is expected to have a high implied coupon tax rate of 6.97%, making it attractive compared to historical issuance [1] Group 2 - The Ping An Company Bond ETF (511030) has the best performance in terms of controlling drawdown during the recent bond market adjustment, with a net value that remains stable [2] - The table provided shows various bond ETFs, highlighting their scale, recent performance, and maximum drawdown, with the Ping An ETF having a scale of 22.353 billion yuan and a recent drawdown of -0.119% [2] - The article emphasizes the importance of monitoring the performance of different bond ETFs, particularly in the context of market adjustments [2]

Group 1 - Aopu Technology (603551.SH) reported its 2025 semi-annual results, with 14 institutional investors holding a total of 290 million shares, representing 74.20% of the company's total equity as of August 25, 2025 [1] - The top ten institutional investors collectively hold 74.03% of Aopu Technology's shares, with an increase of 0.67 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, five funds increased their holdings in Aopu Technology, with a total increase of 0.27% [2] - Three new public funds disclosed their holdings in Aopu Technology during this period [2] - One new social security fund disclosed its holdings in Aopu Technology, specifically the招商基金管理有限公司-社保基金1903组合 [2] - Two foreign funds reduced their holdings in Aopu Technology, indicating a slight decrease in foreign investment [2]

Core Viewpoint - The bond market is showing signs of stabilization, characterized by three key features: the narrowing of the 30Y-10Y yield spread, changes in trading volume of long-term local bonds, and the degree of retraction of excessive expectations by the end of 2024 [1] Group 1: Yield Spread - Since late August, the 30Y-10Y yield spread has widened to a high level for 2024, indicating a release of selling pressure on long-term bonds, with the 30-year treasury yield dropping significantly by 4 basis points [1] - The previous premium of 2.15 basis points over the 10-year bond has diminished, suggesting that the investment value of long-term bonds is becoming more apparent [1] Group 2: Trading Volume - Despite a mediocre issuance result for long-term bonds last Friday, the net buying of local bonds by insurance companies has increased, indicating a rising attractiveness of bond assets [1] - This marginal return of capital to the bond market is expected to further support its stabilization [1] Group 3: Interest Rate Levels - The bond market has begun to show signs of recovery below the 1.80% interest rate level, with market expectations aligning around a potential upper limit for this round of adjustments between 1.80% and 1.85% [1] Group 4: ETF Performance - The Ping An Company Bond ETF (511030) has demonstrated the best performance in controlling drawdowns during the current bond market adjustment, with minimal trading discounts and relatively stable net value [1]

Core Viewpoint - The double innovation ETF (588300) opened with a decline of 1.01%, indicating a negative market sentiment towards the fund and its underlying assets [1] Group 1: ETF Performance - The double innovation ETF (588300) opened at 0.782 yuan, reflecting a decrease of 1.01% [1] - Since its establishment on June 25, 2021, the fund has recorded a return of -21.15% [1] - Over the past month, the fund has shown a recovery with a return of 25.13% [1] Group 2: Major Holdings Performance - Major holdings in the ETF include: - Ningde Times: down 1.12% [1] - SMIC: down 2.10% [1] - Mindray: down 0.57% [1] - Haiguang Information: down 3.29% [1] - Zhongji Xuchuang: down 2.00% [1] - Xinyi Sheng: up 0.63% [1] - Cambrian: down 5.41% [1] - Huichuan Technology: up 0.21% [1] - Sunshine Power: down 0.66% [1] - Lanke Technology: down 0.96% [1]

8月25日，港股科技50ETF（159750）涨3.49%，成交额1.23亿元。当日份额增加500.00万份，最新份额 为8.04亿份，近20个交易日份额增加2.16亿份。最新资产净值计算值为8.98亿元。 来源：新浪基金∞工作室 港股科技50ETF（159750）业绩比较基准为中证香港科技指数收益率(经汇率调整后)，管理人为招商基 金管理有限公司，基金经理为刘重杰，成立（2022-01-26）以来回报为11.74%，近一个月回报为 3.09%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 ...

以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 对于社保基金，本期较上一季未再披露的社保基金共计1个，即招商基金管理有限公司-社保基金1903组 合。 2025年8月26日，海特生物(300683.SZ)发布2025年半年度报告。截至2025年8月25日，共有4个机构投资 者披露持有海特生物A股股份，合计持股量达4393.75万股，占海特生物总股本的33.57%。其中，机构 投资者包括武汉三江源投资发展有限公司、武汉伯瑞乐企业管理有限公司、武汉博肽企业发展有限公 司、荆门高新技术产业投资有限公司，机构投资者合计持股比例达33.57%。相较于上一季度，机构持 股比例合计下跌了0.22个百分点。 ...

Group 1 - The core viewpoint of the news is that Yongyi Co., Ltd. (603600.SH) has reported an increase in institutional ownership, with a total of 1.73 billion shares held by seven institutional investors, representing 52.19% of the total share capital as of August 25, 2025 [1] - The institutional ownership has increased by 0.07 percentage points compared to the previous quarter, indicating a growing confidence among institutional investors [1] - Among public funds, there was a slight increase in holdings from one public fund, namely the Dacheng Competitive Advantage Mixed A, while three public funds were not disclosed in this period [1] Group 2 - One social security fund, the National Social Security Fund 502 Portfolio, was not disclosed in the current period compared to the previous quarter [2]

Core Viewpoint - Luyuan Pharmaceutical (002788.SZ) reported its semi-annual results for 2025, highlighting the current institutional ownership and changes in shareholding among various investor categories [1] Institutional Ownership - As of August 25, 2025, three institutional investors disclosed holdings in Luyuan Pharmaceutical A-shares, totaling 144 million shares, which represents 37.02% of the company's total share capital [1] - The institutional ownership decreased by 0.46 percentage points compared to the previous quarter [1] Public Fund and Social Security Fund - Two public funds were disclosed this period, including Guojin 300 Index Enhanced A and Minsheng Jiayin Guozheng 2000 Index Enhanced A, which were not reported in the previous quarter [1] - One social security fund was disclosed, namely the招商基金管理有限公司-社保基金1903组合, which was also not reported in the previous quarter [1] Foreign Investment - One new foreign institutional investor was disclosed this period, BARCLAYS BANK PLC, which was not present in the previous quarter [1]

Core Viewpoint - 招shang Fund has appointed Tan Zhiyong as the new deputy general manager, marking another significant step in the ongoing optimization of its senior management team [2][3]. Group 1: Management Changes - Tan Zhiyong's appointment as deputy general manager is effective from August 26, 2025, and is part of the company's efforts to enhance its leadership structure [2][3]. - The recent changes in senior management include the appointment of Zhong Wenyue as general manager, who has a long history with the company, potentially bringing new momentum for high-quality development [6]. - The company has also promoted three key personnel, Zhu Hongyu, Wang Jing, and Chen Fangyuan, to strengthen its core management team [7]. Group 2: Background and Experience - Tan Zhiyong has over 20 years of experience in the financial sector, having worked at China Merchants Bank and China Merchants Life Insurance Company before joining the fund management company [5]. - The new leadership team is expected to enhance operational efficiency in strategic planning, investment decisions, and business expansion [9]. Group 3: Company Performance - As of the end of Q1 2025, the total assets under management by 招shang Fund reached 1.56 trillion yuan, maintaining its position among the top tier in the industry [8].