Group 1 - The stock price of Sichuan Road and Bridge has increased by 1.44% to 8.43 CNY per share, with a trading volume of 364 million CNY and a turnover rate of 0.64%, resulting in a total market capitalization of 73.304 billion CNY. The stock has risen for three consecutive days, with a cumulative increase of 5.23% during this period [1] - Sichuan Road and Bridge Construction Group Co., Ltd. is based in Chengdu, Sichuan Province, and was established on December 28, 1999. The company was listed on March 25, 2003, and its main business involves infrastructure construction and investment operations. The revenue composition is as follows: engineering construction 89.20%, trade sales 7.35%, highway investment operations 3.09%, and other 0.35% [1] Group 2 - According to data from the top ten holdings of funds, one fund under Chuangjin Hexin has a significant position in Sichuan Road and Bridge. The Chuangjin Hexin CSI Dividend Low Volatility Index A (005561) reduced its holdings by 258,900 shares, maintaining 11.2954 million shares, which accounts for 2.72% of the fund's net value, making it the third-largest holding. The estimated floating profit today is approximately 1.3555 million CNY, with a total floating profit of 4.7441 million CNY during the three-day increase [2] - The Chuangjin Hexin CSI Dividend Low Volatility Index A (005561) was established on April 26, 2018, with a current scale of 1.866 billion CNY. Year-to-date returns are 3.18%, ranking 3987 out of 4220 in its category; the one-year return is 7.07%, ranking 3508 out of 3857; and since inception, the return is 112.19% [2] - The fund managers of Chuangjin Hexin CSI Dividend Low Volatility Index A are Dong Liang and Sun Yue. Dong Liang has a tenure of 12 years and 21 days, with a total fund asset scale of 7.236 billion CNY, achieving a best return of 114.51% and a worst return of -26.54% during his tenure. Sun Yue has a tenure of 5 years and 37 days, managing assets of 5.824 billion CNY, with a best return of 80.8% and a worst return of -19.51% [2]

Group 1 - The core viewpoint of the news is that AOC Technology's stock has experienced a decline, with a 6.09% drop over the last three days, closing at 2.62 CNY per share on October 14, with a total market capitalization of 11.867 billion CNY [1] - AOC Technology's main business focuses on smart display terminals, with revenue composition as follows: 62.93% from monitor products, 28.68% from television products, and 7.78% from other products [1] - The company has a trading volume of 314 million CNY and a turnover rate of 2.60% on the reporting date [1] Group 2 - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of AOC Technology, having increased its holdings by 4.698 million shares in the second quarter, totaling 25.0651 million shares, which is 0.55% of the circulating shares [2] - The Southern CSI 1000 ETF has a current scale of 64.953 billion CNY and has achieved a year-to-date return of 27.62% [2] - The fund manager, Cui Lei, has been in position for 6 years and 343 days, with the best fund return during this period being 177.68% [3]

Core Viewpoint - Pingzhi Information has experienced a significant decline in stock price, with a 5.14% drop on October 14, leading to a cumulative decrease of 7.01% over three consecutive days [1][2]. Company Overview - Pingzhi Information Technology Co., Ltd. is located in Fuyang District, Hangzhou, Zhejiang Province, and was established on November 25, 2002. The company was listed on December 13, 2016. Its main business includes mobile reading services, information services, and other value-added telecommunications services [1]. - The revenue composition of Pingzhi Information is as follows: 69.29% from telecommunications equipment manufacturing, 17.75% from operator equity business, and 12.96% from computing power business [1]. Shareholder Information - Among the top ten circulating shareholders of Pingzhi Information, one fund from Huaxia Fund, Huaxia Industry Prosperity Mixed A (003567), entered the top ten in the second quarter, holding 933,800 shares, which accounts for 0.81% of the circulating shares. The estimated floating loss today is approximately 1.6435 million yuan, with a total floating loss of 2.4092 million yuan during the three-day decline [2]. - Huaxia Industry Prosperity Mixed A (003567) was established on February 4, 2017, with a latest scale of 7.261 billion yuan. Year-to-date returns are 54.67%, ranking 731 out of 8162 in its category; the one-year return is 70%, ranking 463 out of 8015; and since inception, the return is 374.7% [2]. - The fund manager of Huaxia Industry Prosperity Mixed A is Zhong Shuai, who has been in the position for 5 years and 80 days, with a total fund asset scale of 8.253 billion yuan. The best fund return during his tenure is 178.64%, while the worst is -2% [2].

Group 1 - The core point of the news is that Weitang Industrial's stock price increased by 5.11% to 15.63 CNY per share, with a trading volume of 159 million CNY and a turnover rate of 7.29%, resulting in a total market capitalization of 2.759 billion CNY [1] - Weitang Industrial, established on April 2, 2008, and listed on October 10, 2017, specializes in the design, research and development, manufacturing, and sales of automotive stamping molds, with its main business revenue composition being 48.75% from automotive welding parts, 46.42% from stamping molds and inspection tools, and 4.83% from other sources [1] Group 2 - Among the top circulating shareholders of Weitang Industrial, one fund from GF Fund Management, the GF Multi-Factor Mixed Fund (002943), held 1.2457 million shares, unchanged from the previous period, representing 0.87% of the circulating shares, with an estimated floating profit of approximately 946,700 CNY [2] - The GF Multi-Factor Mixed Fund, established on December 30, 2016, has a latest scale of 12.69 billion CNY, with a year-to-date return of 33.65% and a one-year return of 37.86%, ranking 2615 out of 8162 and 2281 out of 8015 respectively [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 公告送出日期：2025年10月14日 1 公告基本信息 ■ 2日常申购、赎回(转换、定期定额投资)业务的办理时间 本基金将于2025年10月17日起每个开放日办理日常申购、赎回、转换及定期定额投资业务。本基金的开 放日为上海证券交易所、深圳证券交易所的正常交易日（本基金管理人公告暂停交易时除外），若出现 新的证券交易市场、证券交易所交易时间变更或其他特殊情况，基金管理人将视情况对前述开放日及开 放时间进行相应的调整。对于具体办理时间，由于各销售机构系统及业务安排等原因，投资者应以各销 售机构的规定为准 3日常申购业务 3.1申购金额限制 通过基金管理人直销中心申购，单个基金账户单笔首次申购最低金额为10万元（含申购费），如已有认 购记录，则首次申购最低金额不受10万元限制，追加申购最低金额为1000元（含申购费）；通过基金管 理人网上直销系统进行申购，单个基金账户单笔最低申购金额为1元（含申购费），单笔交易上限及单 日累计交易上限请参照网上直销相关说明。通过其他销售机构申购，单个基金账户单笔申购最低金额为 1元人民币（含申购费），销售机构有权在不低于上述规定的 ...

Group 1 - The core point of the article highlights the performance and financial metrics of Guangli Microelectronics, which experienced a slight decline of 5.02% in stock price, reaching 84.01 CNY per share, with a total market capitalization of 16.826 billion CNY [1] - Guangli Microelectronics, established on August 12, 2003, and listed on August 5, 2022, specializes in the design, development, and service of integrated circuit EDA software and wafer-level electrical testing equipment. The revenue composition is 62.40% from testing equipment and accessories, 37.00% from software development and licensing, and 0.60% from testing services and others [1] Group 2 - From the perspective of major shareholders, the Noan Fund's Noan Optimized Allocation Mixed A (006025) fund increased its holdings in Guangli Microelectronics by 398,800 shares in the second quarter, bringing its total to 2.8818 million shares, which represents 2.68% of the circulating shares. The estimated floating loss today is approximately 12.7952 million CNY [2] - The Noan Optimized Allocation Mixed A fund, managed by Liu Huiying, has a total asset scale of 23.674 billion CNY, with a best fund return of 77.68% and a worst fund return of 16.3% during her tenure [3] - The Noan Optimized Allocation Mixed A fund holds 2.8818 million shares of Guangli Microelectronics, accounting for 7.22% of the fund's net value, making it the tenth largest holding. The estimated floating loss today is also around 12.7952 million CNY [4]

Group 1 - The core viewpoint of the news is that Huaguang Huaneng's stock price has increased by 5.07% on October 14, reaching 16.79 CNY per share, with a total market capitalization of 16.051 billion CNY [1] - Huaguang Huaneng has seen a cumulative increase of 7.32% over the past three days, indicating positive market sentiment [1] - The company's main business includes boiler equipment manufacturing, power station engineering and services, environmental engineering, and local energy supply, with a revenue composition heavily weighted towards local thermal and photovoltaic power operation services at 46.56% [1] Group 2 - Among the top ten circulating shareholders of Huaguang Huaneng, a fund under Southern Fund has increased its holdings by 704,400 shares, bringing its total to 3.5635 million shares, which represents 0.38% of the circulating shares [2] - The Southern CSI 1000 ETF has generated a floating profit of approximately 2.8864 million CNY today and 3.8842 million CNY during the three-day increase [2] - The Southern CSI 1000 ETF has a total asset size of 64.953 billion CNY and has achieved a year-to-date return of 27.62% [2]

Core Points - China Nuclear Engineering Corporation (CNEC) shares increased by 7.56% on October 14, reaching a price of 11.53 CNY per share, with a trading volume of 945 million CNY and a turnover rate of 2.87%, resulting in a total market capitalization of 34.75 billion CNY [1] - CNEC's stock has risen for five consecutive days, with a cumulative increase of 24.22% during this period [1] Company Overview - CNEC, established on December 21, 2010, and listed on June 6, 2016, is located at 500 Panlong Road, Qingpu District, Shanghai [1] - The company's main business areas include military engineering, nuclear power engineering, and industrial and civil engineering construction [1] - Revenue composition: Industrial and civil engineering accounts for 56.81%, nuclear power engineering 33.20%, and other services 9.99% [1] Shareholder Insights - Among the top ten circulating shareholders of CNEC, Southern Fund's Southern CSI 500 ETF (510500) increased its holdings by 2.5667 million shares in Q2, totaling 18.0101 million shares, representing 0.6% of circulating shares [2] - The ETF has generated an estimated floating profit of approximately 14.5881 million CNY today and 37.641 million CNY during the five-day increase [2] - The Southern CSI 500 ETF was established on February 6, 2013, with a current scale of 113.438 billion CNY, yielding 30.65% this year and 36.69% over the past year [2]

导读：在许多人眼中，我是一个访谈超过600位基金经理的"外部观察家"。我的工作就是通过访谈基金经理，挖掘出每一个人的投资框架，让每一个持有 人找到匹配自己的基金经理和产品。 但是，我自己也是一个基金持有人，对于怎么投资基金产品也在一个不断成长的过程中。和大家一样，我也是买自己信得过的基金产品。也和大家一样， 我在市场出现波动的过程中，也有喜怒哀乐。 就说今天，在特朗普宣布加征100%关税的冲击下，市场出现了比较大的调整，有人担心这波可能会出现像4月一样的调整。外界虽然也有很多情绪按摩的 声音，但是自己内心的忐忑也是真实存在的。 在这个全球贸易关系紧张、市场不确定性加剧的时刻，我们更需要保持冷静，聆听那些有穿越周期经验的投资人的声音。 曹晋就是这样的人，他2009年就入行了，2013年开始担任基金经理，在科技赛道见证过三轮牛熊周期。他坐过熊市的冷板凳，也做过牛市的"C位"，见识 过市场的大风大浪，还保持着高昂的投研热情。面对市场的波动，脚踏实地的研究总能让他多一分定力。 比如上一轮的关税冲击，2018年底，中美关税摩擦爆发后，市场对于出口存在一定的误判，认为出口会遭遇断崖式下滑。但他通过实地调研，与出口一线 公 ...

Core Viewpoint - The National Social Security Fund achieved an investment return rate of 8.1% in 2024, with total investment earnings of 218.418 billion RMB, which is competitive compared to many current financial products [2][3]. Investment Performance - The average annual investment return rate since the fund's establishment is 7.39%, indicating strong long-term performance [2][3]. - In 2024, the Shanghai Composite Index, CSI 300, and ChiNext Index had annual increases of 12.67%, 13.23%, and 14.68% respectively, suggesting that many A-share investors may have higher returns than the fund [2]. Historical Performance - The fund has shown resilience during market downturns, with only three years of negative returns in 24 years: 2008 (-6.79%), 2018 (-2.28%), and 2022 (-5.09%) [5]. - The fund's performance in bull markets has been modest, achieving over 10% returns only in four years since 2010, indicating a strategy focused on capital preservation rather than high-risk gains [5]. Compounding Effect - The compounding effect of the fund's average annual return of 7.39% means that an initial investment of 1 million RMB would grow to over 5.5 million RMB in 24 years [7]. - If this return is sustained, the same investment could exceed 11 million RMB in 34 years, highlighting the importance of time in investment growth [7]. Investor Behavior - The frequency of checking investment performance can negatively impact returns, as evidenced by research showing that less frequent monitoring leads to better outcomes [8][10]. - Investors are encouraged to adopt a long-term perspective and manage emotional responses to market fluctuations to enhance investment success [10].