Core Viewpoint - The report provides an overview of the performance and management of the GF Shenzhen 100 ETF Linked Fund for the first half of 2025, highlighting its investment strategies, financial results, and compliance with regulatory standards [1][2]. Fund Overview - Fund Name: GF Shenzhen 100 ETF Linked Fund - Fund Manager: GF Fund Management Co., Ltd. - Fund Custodian: China Construction Bank Co., Ltd. - Total Fund Shares at Period End: 42,409,681.98 shares [2][3]. Investment Objectives and Strategies - The fund aims to closely track the performance of the Shenzhen 100 Index, with a target of keeping the average tracking deviation within 0.35% and annualized tracking error within 4% [3]. - Investment strategies include asset allocation, target ETF investment, stock investment, bond investment, and participation in securities lending [3]. Financial Performance - For the period from January 1, 2025, to June 30, 2025, the realized income for Class A shares was CNY 1,008,227.42, while Class C shares reported CNY 350,881.59 [6]. - The profit for Class A shares was CNY -605,407.16, and for Class C shares, it was CNY -13,735.20 [6]. - The net asset value for Class A shares at the end of the period was CNY 34,013,227.06, and for Class C shares, it was CNY 16,892,759.48 [6]. Performance Metrics - The cumulative net value growth rate for Class A shares was -0.88%, and for Class C shares, it was -1.87% [7]. - The net value growth rate for Class A shares over the past six months was -1.01%, while Class C shares reported -1.11% [9]. Compliance and Governance - The report confirms that the information provided is accurate and has been reviewed by independent directors and the fund custodian [1][2]. - The fund management commits to managing assets with integrity and diligence, although it does not guarantee profits [1].

Core Viewpoint - The trading volume of the Shenzhen 100 Index ETFs increased significantly today, with a total trading volume of 423 million yuan, marking a 49.99% increase compared to the previous trading day [1] Trading Volume Summary - The E Fund Shenzhen 100 ETF (159901) had a trading volume of 356 million yuan, up 135 million yuan from the previous day, representing a 61.54% increase [1] - The GF Shenzhen 100 ETF (159576) recorded a trading volume of 11.02 million yuan, an increase of 4.54 million yuan, with a 70.15% rise [1] - The FT Shenzhen 100 ETF (159211) saw a trading volume of 5.37 million yuan, up 1.87 million yuan, reflecting a 53.60% increase [1] Market Performance Summary - As of market close, the Shenzhen 100 Index (399330) fell by 1.23%, while the average decline for related ETFs was 1.12% [1] - The largest declines among the ETFs included the Dachen Shenzhen 100 ETF (159216) and GF Shenzhen 100 ETF (159576), which dropped by 2.63% and 1.38% respectively [1]

Group 1 - The total trading volume of the Shenzhen 100 Index ETF reached 324 million yuan today, representing a week-on-week increase of 99.51% [1] - The E Fund Shenzhen 100 ETF (159901) had a trading volume of 219 million yuan, up 117.28% from the previous trading day [1] - The Rongtong Shenzhen 100 ETF (159219) saw a trading volume of 45.94 million yuan, with a significant increase of 3961.94% compared to the last trading day [1] Group 2 - The Shenzhen 100 Index (399330) rose by 1.88% at market close, while the average increase of related ETFs was 1.96% [2] - The top-performing ETFs included the Fortune Shenzhen 100 ETF (159211) and the Rongtong Shenzhen 100 ETF (159219), which increased by 2.09% and 2.08% respectively [2] - Detailed trading data for various ETFs shows significant increases in trading volumes, with the Rongtong Shenzhen 100 ETF (159219) leading with a 3961.94% increase [2]

Core Viewpoint - The trading volume of the Shenzhen 100 Index ETFs increased significantly today, with a total trading volume of 284 million yuan, marking a 59.20% increase compared to the previous trading day [1] Trading Volume Summary - The E Fund Shenzhen 100 ETF (159901) had a trading volume of 207 million yuan, up by 81.42 million yuan, a 64.99% increase from the previous day [1] - The Southern Shenzhen 100 ETF (159212) recorded a trading volume of 44.14 million yuan, an increase of 16.64 million yuan, representing a 60.51% rise [1] - The Fortune Shenzhen 100 ETF (159211) saw a trading volume of 5.47 million yuan, up by 4.40 million yuan, with a remarkable increase of 410.44% [1] - The Fortune Fubon Shenzhen 100 ETF (159961) also experienced a significant increase in trading volume by 90.36% [1] Market Performance Summary - As of market close, the Shenzhen 100 Index (399330) fell by 2.19%, while the average decline for related ETFs was 2.10% [1] - The ETFs with the largest declines included the Huaan Shenzhen 100 ETF (159706) and the GF Shenzhen 100 ETF (159576), which dropped by 2.27% and 2.25% respectively [1]

Core Viewpoint - The trading volume of the Shenzhen 100 Index ETFs increased significantly today, indicating heightened market activity and investor interest in these funds [1] Trading Volume Summary - The total trading volume of Shenzhen 100 Index ETFs reached 164 million yuan, an increase of 68.22 million yuan compared to the previous trading day, representing a growth rate of 71.57% [1] - Specifically, the E Fund Shenzhen 100 ETF (159901) had a trading volume of 117 million yuan, up by 59.41 million yuan, with a growth rate of 102.80% [1] - The Great Wall Shenzhen 100 ETF (159216) saw a trading volume of 3.0092 million yuan, increasing by 2.1144 million yuan, with a growth rate of 236.31% [1] - The Founder Fubon Shenzhen 100 ETF (159961) recorded a trading volume of 3.0085 million yuan, up by 1.6234 million yuan, with a growth rate of 117.20% [1] Market Performance Summary - As of market close, the Shenzhen 100 Index (399330) rose by 1.45%, while the average increase for related ETFs tracking the Shenzhen 100 Index was 1.22% [1] - The top performers included the Huashan Shenzhen 100 ETF (159706) and the E Fund Shenzhen 100 ETF (159901), which increased by 1.63% and 1.36% respectively [1]

Core Viewpoint - The trading volume of the Shenzhen 100 Index ETFs increased significantly today, indicating heightened market activity and investor interest in these funds [1] Trading Volume Summary - The total trading volume of Shenzhen 100 Index ETFs reached 133 million yuan today, an increase of 37.75 million yuan compared to the previous trading day, representing a 39.75% increase [1] - Specifically, the E Fund Shenzhen 100 ETF (159901) had a trading volume of 92.67 million yuan, up 32.22 million yuan from the previous day, marking a 53.31% increase [1] - The Southern Shenzhen 100 ETF (159212) recorded a trading volume of 25.28 million yuan, an increase of 9.77 million yuan, with a 63.03% rise [1] - The Fortune Shenzhen 100 ETF (159211) saw a trading volume of 1.56 million yuan, up 1.14 million yuan, reflecting a substantial 270.35% increase [1] Market Performance Summary - As of market close, the Shenzhen 100 Index (399330) rose by 0.41%, while the average increase of related ETFs tracking the Shenzhen 100 Index was 0.37% [1] - The top performers included the Fortune Shenzhen 100 ETF (159211) and the Huaan Shenzhen 100 ETF (159706), which increased by 0.67% and 0.44% respectively [1]

Core Viewpoint - The trading volume of the Shenzhen 100 Index ETFs increased significantly today, with a total trading volume of 140 million yuan, marking a 41% increase compared to the previous trading day [1] Trading Volume Summary - The E Fund Shenzhen 100 ETF (159901) had a trading volume of 92.62 million yuan, up 32.99 million yuan from the previous day, representing a 55.33% increase [1] - The Southern Shenzhen 100 ETF (159212) recorded a trading volume of 32.89 million yuan, an increase of 14.25 million yuan, with a growth rate of 76.48% [1] - The Founder Fubon Shenzhen 100 ETF (159961) saw a trading volume of 1.37 million yuan, up 970,000 yuan, reflecting a substantial increase of 245.94% [1] Market Performance Summary - As of market close, the Shenzhen 100 Index (399330) fell by 0.77%, while the average decline for related ETFs was 0.59% [1] - The E Fund Shenzhen 100 ETF (159901) and the Huaan Shenzhen 100 ETF (159706) experienced notable declines of 0.75% and 0.74%, respectively [1]

Core Viewpoint - The trading volume of the Shenzhen 100 Index ETFs increased significantly today, with a total trading amount of 191 million yuan, marking a 34.18% increase compared to the previous trading day [1] Trading Volume Summary - The trading volume for E Fund Shenzhen 100 ETF (159901) reached 84.26 million yuan, up by 39.29 million yuan, representing an increase of 87.39% [1] - The Southern Shenzhen 100 ETF (159212) had a trading volume of 37.59 million yuan, an increase of 5.14 million yuan, with a growth rate of 15.85% [1] - The Founder Fubon Shenzhen 100 ETF (159961) saw a trading volume of 5.93 million yuan, up by 4.47 million yuan, reflecting a substantial increase of 305.49% [1] - Other notable increases in trading volume include the China Merchants Shenzhen 100 ETF (159975) with a 137.21% increase and the Guangfa Shenzhen 100 ETF (159576) with a 26.32% increase [1] Market Performance Summary - As of market close, the Shenzhen 100 Index (399330) declined by 0.63%, while the average decline for related ETFs was 0.62% [1] - The ETFs with the largest declines included the Industrial Bank Shenzhen 100 ETF (159970) and the Southern Shenzhen 100 ETF (159212), which fell by 0.94% and 0.89%, respectively [1]