Group 1 - The AI Fund Xingzheng Global Competitive Advantage Mixed A (021590) reported a profit of 1.2925 million yuan for the first half of 2025, with a weighted average profit per fund share of 0.0297 yuan. The fund's net value growth rate was 1.58%, and the fund size reached 49.2489 million yuan by the end of the reporting period [4] - As of September 5, 2025, the fund's unit net value was 1.131 yuan. The fund manager, Xu Liuming, oversees four funds, all of which have shown positive returns over the past year [4] - The fund's performance over the past three months showed a net value growth rate of 13.69%, ranking 404 out of 615 comparable funds. Over the past six months, the growth rate was 13.50%, ranking 377 out of 615, and over the past year, it was 13.10%, ranking 578 out of 602 [7] Group 2 - The fund's stock assets are valued at a weighted average price-to-earnings (P/E) ratio of approximately 15.07 times, significantly lower than the industry average of 25.34 times. The weighted average price-to-book (P/B) ratio is about 2.18 times, compared to the industry average of 2.34 times, and the weighted average price-to-sales (P/S) ratio is approximately 1.71 times, against an industry average of 2.09 times [13] - From a growth perspective, the weighted revenue growth rate for the fund's held stocks was 0.01% year-on-year, while the weighted net profit growth rate was 0.05%, with a weighted annualized return on equity of 0.14% [21] Group 3 - As of June 30, 2025, the fund had a maximum drawdown of 11.11% since inception, with the largest quarterly drawdown occurring in Q2 2025 at 8.32% [33] - The fund's average stock position since inception was 78.32%, lower than the industry average of 83.27%. The fund reached a peak stock position of 91.42% at the end of Q1 2025 and a low of 67.22% at the end of 2024 [36] - By June 30, 2025, the fund had 653 holders, collectively holding 49.5497 million shares, with institutional investors holding 60.63% and individual investors holding 39.37% [40]