Group 1 - The China Securities Automotive Parts Theme Index (931230) increased by 0.94% as of September 23, 2025, with notable gains from companies such as Hengshuai Co., Ltd. (300969) up 16.24% and Xusheng Group (603305) up 10.03% [1] - The Automotive Parts ETF (159306) rose by 1.18%, closing at 1.46 yuan, and has seen a cumulative increase of 5.70% over the past week as of September 22, 2025 [1] - The index reflects the overall performance of 100 listed companies involved in automotive systems, interiors and exteriors, electronics, and tires [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the China Securities Automotive Parts Theme Index accounted for 41.54% of the index, with Huichuan Technology (300124) leading at 9.13% [2] - The top ten stocks include Fuyao Glass (600660) at 7.40% and Sanhua Intelligent Control (002050) at 4.80%, among others [2][4] - The performance of these stocks varies, with some showing positive growth while others, like Huayu Automotive (600741), experienced a slight decline of 0.49% [4]

Core Viewpoint - The report provides a comprehensive overview of the Ping An CSI Automotive Parts Theme ETF's performance and management strategies for the first half of 2025, highlighting its investment objectives and financial metrics. Fund Overview - The fund is named Ping An CSI Automotive Parts Theme ETF, managed by Ping An Fund Management Co., Ltd., and is traded on the Shenzhen Stock Exchange [2][20]. - The fund aims to closely track the performance of the CSI Automotive Parts Theme Index, with a target to minimize tracking deviation and error [2][20]. - The fund's total shares at the end of the reporting period were 22,244,616 [2]. Financial Performance - The fund achieved a realized income of CNY 582,877.85 and a profit of CNY 450,202.49 during the reporting period [3][4]. - The weighted average profit per fund share was CNY 0.0231, with a net asset value growth rate of 6.45% [3][4]. - The fund's net asset value at the end of the reporting period was CNY 24,953,789.73, with a cumulative net value growth rate of 12.18% [4][3]. Investment Strategy - The fund employs a full replication strategy to construct an index investment portfolio based on the composition and weight of the underlying index [2][20]. - The fund's investment composition must include at least 90% in the index's constituent stocks and at least 80% in non-cash assets [20]. - The fund's performance benchmark is the return of the CSI Automotive Parts Theme Index [3][20]. Management Report - Ping An Fund Management Co., Ltd. has been managing the fund since its inception on April 29, 2024, and has a total of 230 public funds under management, with assets totaling approximately CNY 660 billion [6][20]. - The fund manager emphasizes the importance of risk control and compliance with relevant regulations to protect the interests of fund shareholders [10][13]. Financial Statements - The financial statements for the reporting period are prepared in accordance with the relevant accounting standards and reflect the fund's financial position as of June 30, 2025 [21][22]. - The fund did not experience any significant changes in accounting policies or estimates during the reporting period [22].

Group 1 - In July, the automotive production and sales reached 2.591 million and 2.593 million units respectively, with month-on-month declines of 7.3% and 10.7%, but year-on-year increases of 13.3% and 14.7% [1] - From January to July, automotive production and sales totaled 18.235 million and 18.269 million units, reflecting year-on-year growth of 12.7% and 12%, with production and sales growth rates expanding by 0.2 and 0.6 percentage points compared to the first half of the year [1] - The automotive market in July showed a performance that was not typical of a seasonal downturn [1] Group 2 - Desay SV Automotive reported a 45.8% year-on-year increase in net profit for the first half of the year, leading to significant stock price appreciation [1] - As of August 12, 2025, the CSI Automotive Parts Theme Index (931230) rose by 0.20%, with notable increases in component stocks such as Desay SV (up 8.22%) and Aerospace Science and Technology (up 4.34%) [1] - The CSI Automotive Parts Theme Index includes 100 listed companies involved in automotive systems, interiors, electronics, and tires, with the top ten weighted stocks accounting for 40.36% of the index [2]

Group 1 - The China Securities Automotive Parts Theme Index (931230) increased by 0.64% as of July 16, 2025, with notable gains from companies such as Ding Tong Technology (688668) up 9.27% and Zhejiang Rongtai (603119) up 6.00% [1] - The Automotive Parts ETF (159306) rose by 0.72%, marking its fourth consecutive increase, with the latest price at 1.13 yuan [1] - Over the past week, the Automotive Parts ETF has accumulated a rise of 1.27%, ranking in the top 25% among comparable funds [1] Group 2 - As of June 30, 2025, the top ten weighted stocks in the China Securities Automotive Parts Theme Index accounted for 41.05% of the index, including companies like Huichuan Technology (300124) and Fuyao Glass (600660) [2] - The Automotive Parts ETF has several off-market connections, including Ping An China Securities Automotive Parts Theme ETF Connect A (022731) and C (022732) [2]

Core Viewpoint - The China Securities Index for automotive parts has shown a mixed performance, with a recent increase but a significant decline over the past month [1][2] Group 1: Index Performance - The China Securities Automotive Parts Index rose by 0.49% to 904.3 points, with a trading volume of 30.114 billion yuan [1] - Over the past month, the index has decreased by 15.30%, while it has increased by 0.83% over the last three months and has declined by 1.01% year-to-date [1] Group 2: Index Composition - The index comprises 100 listed companies involved in automotive systems, interior and exterior parts, automotive electronics, and tires [1] - The top ten weighted companies in the index are: Huichuan Technology (10.59%), Fuyao Glass (9.07%), Sanhua Intelligent Control (5.81%), Top Group (3.46%), Sailun Tire (3.44%), Desay SV (2.96%), Huayu Automotive (2.75%), Bertly (2.49%), Shuanghuan Transmission (2.2%), and Yinlun Co. (2.11%) [1] - The index is primarily composed of companies listed on the Shenzhen Stock Exchange (53.44%) and the Shanghai Stock Exchange (46.56%) [1] Group 3: Industry Breakdown - The industry composition of the index shows that consumer discretionary accounts for 77.34%, industrials for 14.41%, information technology for 5.32%, communication services for 2.41%, and materials for 0.52% [2] Group 4: Index Adjustment and Funds - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2] - Public funds tracking the automotive parts index include various funds from Bosera, E Fund, Tianhong, and Huaxia [2]