Group 1 - The A-share market saw a collective rise on August 1, with the Shanghai Composite Index increasing by 0.09%, driven by sectors such as pharmaceuticals, automotive, and transportation, while defense and oil sectors faced declines [1] - The global automotive chip market is projected to reach 355 billion yuan in 2023, benefiting from trends in electrification and intelligence, with expectations to exceed 600 billion yuan by 2030 [1] - The domestic automotive-grade SoC market reached 26.7 billion yuan in 2023, with a compound annual growth rate (CAGR) of 42% from 2019 to 2023, surpassing the global CAGR of 32.2% during the same period, and is expected to reach 102 billion yuan by 2028 [1] Group 2 - Ping An Securities highlighted that the smart driving SoC chip industry is undergoing rapid upgrades, presenting historic development opportunities for domestic suppliers [1] - The chip ETF (159995) tracks the Guozheng Chip Index, comprising 30 leading companies in the A-share chip industry, including SMIC, Cambricon, Changdian Technology, and Northern Huachuang [2]