Core Viewpoint - The AI Fund Huabao Dividend Selected Mixed A (009263) reported a profit of 1.6294 million yuan for the first half of 2025, with a weighted average profit per fund share of 0.014 yuan, and a net value growth rate of 1.9% during the reporting period [3][32]. Group 1: Fund Performance - As of September 3, the fund's unit net value was 1.328 yuan [3]. - The fund's recent performance includes a three-month net value growth rate of 3.94%, a six-month growth rate of 9.44%, a one-year growth rate of 18.05%, and a three-year growth rate of 20.41%, ranking it 581/607, 532/607, 565/604, and 119/495 respectively among comparable funds [6][30]. Group 2: Fund Management and Strategy - The fund manager, Tang Xueqian, currently manages six funds, with the Huabao New Leap Mixed Fund achieving the highest one-year growth rate of 20.92%, while the Huabao Anxiang Mixed A Fund had the lowest at 4.07% [3]. - The fund management anticipates that the overall economy will continue to fluctuate in the second half of 2025, emphasizing the importance of companies with high dividend yields and stable fundamentals for asset allocation in a low-interest-rate environment [3]. Group 3: Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 5.58 times, significantly lower than the industry average of 33.74 times. The weighted average price-to-book (P/B) ratio was about 0.54 times, compared to the industry average of 2.47 times, and the weighted average price-to-sales (P/S) ratio was around 0.5 times, against an industry average of 2.07 times [11][19]. Group 4: Growth Metrics - For the first half of 2025, the fund's weighted average revenue growth rate was -0.02%, and the weighted average net profit growth rate was 0.02%, with a weighted annualized return on equity of 0.1% [19][21]. Group 5: Fund Composition and Holdings - As of June 30, 2025, the fund had a total of 7,321 holders, with a total of 8.37211 million shares held. Management personnel held 940,500 shares (1.12%), institutions held 53.72%, and individual investors held 46.28% [36]. - The fund's top ten holdings included Shandong Expressway, China Shenhua, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications, Beijing Bank, Chongqing Rural Commercial Bank, China Mobile, and Guangdong Expressway A [40].

Core Viewpoint - The AI Fund,招商丰利灵活配置混合基金A, reported a profit of 1.6851 million yuan for the first half of 2025, with a net asset value growth rate of 8.33% [2]. Fund Performance - As of September 3, 2025, the fund's unit net value was 1.566 yuan, with a one-year return of 54.59%, ranking it 207 out of 880 comparable funds [2][5]. - The fund's performance over the last three months showed a growth rate of 13.40%, ranking 586 out of 880, and over the last six months, it was 17.57%, ranking 409 out of 880 [5]. Fund Management Outlook - The fund manager expressed optimism for the second half of 2025, despite potential extreme changes in the internal and external environment, emphasizing the importance of holding companies with long-term competitive advantages [2]. - The fund plans to maintain a high position and balanced layout, focusing on globally competitive Chinese companies in technology, manufacturing, consumption, and overseas expansion [2]. Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 53.78, significantly higher than the industry average of 15.75 [10]. - The weighted average price-to-book (P/B) ratio was about 2.93, compared to the industry average of 2.52, and the weighted average price-to-sales (P/S) ratio was 2.71, against an industry average of 2.16 [10]. Growth Metrics - For the first half of 2025, the fund's weighted average revenue growth rate was 0.01%, while the weighted average net profit growth rate was -0.22% [18]. Fund Composition - As of June 30, 2025, the fund had a total scale of 20.7879 million yuan, with 1,042 holders owning a total of 14.5406 million units [32][35]. - The top ten holdings included companies such as赛轮轮胎,金诚信, and普源精电 [40]. Trading Activity - The fund's turnover rate for the last six months was approximately 187.82%, which has been below the industry average for two consecutive years [38].

特此公告并提示。 招商基金管理有限公司 风险提示： 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利，也不保证 最低收益。投资者投资于本公司管理的基金时应认真阅读基金合同和招募说明书。 招商基金管理有限公司（以下简称"本公司"）旗下基金持有下列股票：中芯国际（688981）。 根据中国证券监督管理委员会 《中国证监会关于证券投资基金估值业务的指导意见》（第[2017]13号） 和基金合同的相关约定，本公司经与基金托管人、会计师事务所协商一致，决定自2025年9月3日起，对 旗下证券投资基金（除ETF外）所持有的上述股票采用"指数收益法"进行估值；同时，对ETF联接基金 持有的标的ETF，在当日份额净值的基础上考虑上述股票的调整因素进行估值。 待上述股票交易体现了活跃市场交易特征后，将恢复按市价估值方法进行估值，届时不再另行公告。敬 请投资者予以关注。 2025年9月4日 ...

Core Viewpoint - The AI Fund Zhongjia Reform Dividend Mixed Fund (001537) reported a profit of 571,500 yuan for the first half of 2025, with a weighted average profit per fund share of 0.0134 yuan. The fund's net value growth rate was 1.45%, and the fund size reached 39.39 million yuan by the end of the first half of the year [3]. Fund Performance - As of September 2, the fund's net value growth rates were 24.82% over the past three months, 22.22% over the past six months, 41.75% over the past year, and -10.83% over the past three years, ranking 279/880, 286/880, 399/880, and 696/872 among comparable funds respectively [6]. - The fund's recent six-month turnover rate was approximately 1706.22%, consistently exceeding the average of comparable funds for five years [38]. Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 40.28 times, compared to the industry average of 15.75 times. The weighted average price-to-book (P/B) ratio was about 2.59 times, slightly above the industry average of 2.52 times. The weighted average price-to-sales (P/S) ratio was around 2.23 times, compared to the industry average of 2.16 times, indicating higher valuations than peers [11]. Growth Metrics - For the first half of 2025, the fund's weighted average revenue growth rate was 0.05%, and the weighted average net profit growth rate was 0.06%, with a weighted annualized return on equity of 0.06% [18]. Fund Composition - As of June 30, 2025, the fund held a total of 3,387 investors, with a total of 42.38 million shares held. Institutional investors accounted for 80.39% of the holdings, while individual investors made up 19.61% [35]. - The top ten holdings of the fund included companies such as Zhongji Xuchuang, Youyou Food, Huayou Cobalt, and others [40].

2025年9月3日 特此公告。 前海开源基金管理有限公司 根据《中国证券监督管理委员会关于证券投资基金估值业务的指导意见》（证监会公告[2017]13号）以 及中国证券投资基金业协会《关于发布中基协（AMAC）基金行业股票估值指数的通知》(中基协发 [2013]第13号)等有关规定，经前海开源基金管理有限公司（以下简称"本公司"）与基金托管人协商一 致，自2025年9月2日起，以中基协AMAC行业指数为计算依据，对本公司旗下基金（ETF除外）所持有 的"芯原股份"（证券代码：688521），采用基金估值工作小组《关于停牌股票估值的参考方法》中 的"指数收益法"进行估值。 自 "芯原股份"复牌且其交易体现了活跃市场交易特征后，恢复采用交易所当日收盘价进行估值，届时 不再另行公告。敬请投资者予以关注。 MACD金叉信号形成，这些股涨势不错！ ...

Group 1 - The company will adopt the "index return method" for the valuation of "Chip Original Co., Ltd." (stock code: 688521) held by its funds (excluding ETFs) starting from September 2, 2025, based on the AMAC industry index [1] - Valuation will revert to using the closing price on the trading day once "Chip Original Co., Ltd." resumes trading and demonstrates active market trading characteristics, with no further announcements required [1] - The announcement is made in accordance with the guidelines from the China Securities Regulatory Commission and the Asset Management Association of China [1]

Core Viewpoint - The announcement details the fundraising process for the招商均衡优选混合型证券投资基金, which has reached its maximum fundraising limit of RMB 5 billion, leading to a partial confirmation of subscription applications based on a "last day proportion confirmation" principle [1][3][4]. Fundraising Details - The maximum fundraising limit for the fund is set at RMB 5 billion, excluding interest accrued during the fundraising period [3][4]. - The fundraising period began on September 2, 2025, and was originally scheduled to end on September 12, 2025, but was concluded early on September 2, 2025, due to reaching the fundraising cap [7]. - Investors whose applications are not confirmed will have their subscription amounts refunded after the fundraising period ends [4][7]. Investor Information - Investors can check detailed information about the fund on the company's website or contact customer service for inquiries [1][4][7]. - The fund management company emphasizes the importance of reading the fund contract and prospectus to understand the risk-return characteristics of the fund [4].

Fund Overview - The fund is named "浦银安盛稳健增利债券型证券投资基金（LOF）" and is managed by浦银安盛基金管理有限公司 with Shanghai Bank as the custodian [1][2] - The fund aims to achieve investment returns higher than its performance benchmark while strictly controlling investment risks [1] - The fund's performance benchmark was changed on May 9, 2025, to a combination of 85% 中债综合(全价)指数收益率, 5% 中证可转换债券指数收益率, and 10% 银行活期存款利率 (after tax) [1][5] Financial Performance - As of June 30, 2025, the fund's total shares were 1,688,740,993.19 [1] - The fund achieved realized income of 8,659,535.30 RMB for Class A and 4,406,069.02 RMB for Class C during the reporting period [3] - The net asset value growth rate for Class A was 1.15%, while Class C recorded a growth rate of 0.97% during the same period [23] Investment Strategy - The fund employs a top-down approach for asset allocation and duration management, while a bottom-up approach is used for individual security selection [1] - The fund primarily invests in high-grade credit bonds and interest rate bonds, with a low allocation to convertible bonds [22] - The fund's strategy includes maintaining liquidity and adjusting positions based on market conditions, with a focus on high dividend and growth sectors [26] Market Outlook - The second half of 2025 is expected to see continued economic recovery, with policies aimed at reducing competition and improving supply chains [25] - The fund anticipates a stable bond market with potential upward pressure on interest rates, while maintaining a cautious approach to investment [25][26] - The fund will continue to focus on low-priced convertible bonds and sectors with high growth potential [26]

鹏华丰泽债券型证券投资基金(LOF) 基金管理人：鹏华基金管理有限公司 基金托管人：中国邮政储蓄银行股份有限公司 送出日期：2025 年 8 月 28 日 鹏华丰泽债券(LOF)2025 年中期报告 基金管理人的董事会、董事保证本报告所载资料不存在虚假记载、误导性陈述或重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带的法律责任。本中期报告已经三分之二以 上独立董事签字同意，并由董事长签发。 基金托管人中国邮政储蓄银行股份有限公司根据本基金合同规定，于 2025 年 08 月 27 日复核 了本报告中的财务指标、净值表现、利润分配情况、财务会计报告、投资组合报告等内容，保证 复核内容不存在虚假记载、误导性陈述或者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应仔细阅读本 基金的招募说明书及其更新。 本报告中财务资料未经审计。 本报告期自 2025 年 01 月 01 日起至 2025 年 06 月 30 日止。 第 2页 共 54页 鹏华丰泽债券(LOF)2025 年中期报告 第 3 ...

Fund Overview - The fund is named "Zhaoshang Guozheng Food and Beverage Industry Exchange-Traded Fund" and was established on January 25, 2021 [2] - The fund aims to closely track the performance of the Guozheng Food and Beverage Industry Index, with a target tracking deviation of no more than 0.20% on a daily basis and an annual tracking error of no more than 2% [2][3] - The fund employs a passive investment strategy through full replication of the underlying index [2] Financial Performance - The fund reported a realized loss of approximately 7.19 million RMB and a total profit loss of about 17.31 million RMB for the reporting period from January 1, 2025, to June 30, 2025 [3][4] - The weighted average net value profit rate was -5.95%, and the fund's share net value growth rate was -6.09% [3][4] - The fund's total net asset value at the end of the reporting period was approximately 288.81 million RMB, with a share net value of 0.6355 RMB [3][4] Investment Strategy - The fund's investment strategy includes constructing a stock portfolio based on the composition and weight of the underlying index's constituent stocks [2] - The fund's performance benchmark is the return rate of the Guozheng Food and Beverage Industry Index [2] Management and Compliance - The fund management company, Zhaoshang Fund Management Co., Ltd., is responsible for managing the fund's assets with a commitment to honesty and diligence [4][5] - The fund has established a comprehensive research and investment decision-making process to ensure fair investment opportunities across all portfolios [8][9] Market Context - During the reporting period, the overall A-share market showed a certain degree of upward volatility, with the CSI 300 Index rising by 0.03% and the CSI 500 Index increasing by 3.31% [9][10] - The fund's net value growth rate of -6.09% outperformed the benchmark growth rate of -8.72% during the same period [10]