Core Viewpoint - The market is experiencing fluctuations, with the CSI A500 ETF (159338) declining over 1%. However, there is significant capital inflow as investors are looking to buy on dips, with subscription volumes reaching nearly 350 million shares during intraday trading [1]. Group 1: Index Characteristics - The CSI A500 Index features a comprehensive and balanced industry distribution, achieving 100% industry coverage and employing industry-neutral treatment, making it a better representative of the A-share market [1]. - The index includes leading companies from various sectors, comprising 76 "Dragon One" companies from the CSI third-level industries and 90 companies classified as "Dragon One," "Dragon Two," or "Dragon Three" [1]. - The composition of the CSI A500 Index consists of approximately 50% traditional value industries and 50% emerging growth industries, reducing the presence of traditional sectors compared to the CSI 300, while incorporating more leaders from emerging fields such as power equipment, pharmaceuticals, electronics, and computers [1]. Group 2: Historical Performance - Historically, the CSI A500 Index has shown superior performance, with a total return of 381.34% since its base date as of July 31, 2025, compared to 307.56% for the CSI 300 and 343.31% for the CSI 800 [1]. - In previous bull market peaks in 2007, 2015, and 2021, the CSI A500 Index reached new highs since its base date, while the CSI 300 and CSI 800 did not achieve new highs [2]. Group 3: Investment Options - For external investors, there are options to invest in linked funds (Class A 022448, Class C 022449, Class I 022610) for portfolio allocation [3].