Group 1 - The technology sector has experienced a positive trend in the first five months of this year, driven by the DeepSeek and humanoid robot boom, with expectations for continued economic recovery in the second half of the year [1] - As of the end of May, the asset scale of broad-based ETFs in the A-share market reached 2.2 trillion yuan, a year-on-year increase of 77.42%, indicating a significant demand for broad-based index investments [1] - The launch of the Fuguo Shenzhen 100 ETF linked fund aims to provide a convenient tool for investors to access high-quality core broad-based investments in the Shenzhen market [1] Group 2 - The Fuguo Shenzhen 100 ETF linked fund plans to invest in the target ETF "Shenzhen 100 ETF Fuguo," closely tracking the Shenzhen 100 Index, which consists of the top 100 listed companies in terms of market capitalization and liquidity [2] - The Shenzhen 100 Index is primarily concentrated in emerging industries and consumer-related sectors, with major constituents including leading companies like BYD and CATL, aligning with China's high-quality economic development direction [2] - The index has shown robust profitability and a strong focus on R&D, with a projected revenue growth rate exceeding 20% year-on-year for 2025, indicating positive revenue expectations [2] Group 3 - Historically, the Shenzhen 100 Index has outperformed other mainstream broad-based indices, with a cumulative increase of 346.76% since its inception, significantly surpassing the performance of the CSI 300 and other indices [3] - As of June 10, the Shenzhen 100 Index's price-to-earnings ratio was 20.90, indicating a relatively low valuation compared to historical levels, enhancing its investment attractiveness [3] - The fund will be managed by Zhang Shengxian, Deputy Director of Quantitative Investment at Fuguo Fund, supported by a strong team with extensive experience in asset management and diverse product offerings [3]

Core Insights - The Shenzhen 100 Index showcases strong performance, reflecting the core value of "new quality blue chips" with total revenue of 7.5 trillion yuan and overseas revenue of 1.9 trillion yuan in 2024 [1] - In Q1 2025, revenue and net profit of the Shenzhen 100 sample companies grew by 7% and 21% year-on-year, respectively, indicating robust growth and solid market positioning [1] Group 1: Financial Performance - In 2024, over 90% of the Shenzhen 100 sample companies reported profits, with nearly 70% achieving positive revenue growth and 60% achieving positive net profit growth [1] - Among the sample companies, nearly 40% reported revenue and net profit growth exceeding 10% year-on-year, including companies like Muyuan Foods, BOE Technology Group, and GoerTek [1] - The total revenue for the Shenzhen 100 sample companies reached 7.5 trillion yuan in 2024, with overseas revenue growing by 11% [2] Group 2: Market Contribution - The Shenzhen 100 Index comprises less than 4% of the companies in the Shenzhen market but contributes 35% of the total market capitalization, 36% of total revenue, and 70% of net profit [2] - There are 35 companies in the Shenzhen 100 with a market capitalization exceeding 100 billion yuan, showing revenue growth of 8% and net profit growth of 18% [2] - According to the Shenwan industry classification, 48 companies rank first in total market capitalization within their respective sectors, while 49 companies rank first in net profit among similar enterprises [2] Group 3: Innovation and Growth Areas - The Shenzhen 100 sample companies are concentrated in three key growth areas: advanced manufacturing, digital economy, and green low-carbon sectors, which together account for 72% of the index [2] - Revenue growth rates for these sectors are 5%, 10%, and 4% respectively, with net profit in advanced manufacturing growing by 12% and overseas revenue in the digital economy increasing by 18% [2] Group 4: Returns and Market Stability - In 2024, over 90% of the Shenzhen 100 sample companies implemented or announced dividend plans, with total dividends reaching 275.4 billion yuan, a year-on-year increase of 8% [3] - Major companies like Midea Group, Wuliangye, and BYD each distributed dividends exceeding 10 billion yuan [3] - Additionally, 45 companies engaged in stock buybacks totaling over 15 billion yuan, with companies like Mindray, Ningbo Bank, and Hikvision participating significantly [3]