Group 1 - The core viewpoint of the article highlights the performance of the Hong Kong Stock Connect Automotive ETF managed by Hua Bao, which saw a slight increase of 0.89% in its value on January 15, with a trading volume of 58.5983 million yuan [1] - The fund's latest share count decreased by 15 million, bringing the total to 102 million shares, while the net asset value is calculated at 106 million yuan [1] - The fund's performance benchmark is the adjusted return of the CSI Hong Kong Stock Connect Automotive Industry Theme Index, with a return of 2.98% since its inception on December 5, 2025, and a return of 2.97% over the past month [1]

Fund Overview - The fund is named "Huitianfu CSI Hong Kong Stock Connect Automotive Industry Theme ETF" and is categorized as an equity fund with an open-ended trading structure [13][14] - The fund's initial share price is set at RMB 1.00, and it will be available for subscription from May 6, 2025, to May 16, 2025 [13][14] Subscription Details - Investors can subscribe through two methods: online cash subscription and offline cash subscription, both available from May 6 to May 16, 2025 [16][17] - The maximum fundraising limit for the fund is RMB 2 billion, and if this limit is reached, the fund may close subscriptions early [11][13] Investor Eligibility - Eligible investors include individuals, institutional investors, qualified foreign investors, and others permitted by laws and regulations [15][13] - Investors must have a Shenzhen A-share account or a Shenzhen securities investment fund account to participate in the subscription [22][23] Subscription Fees - The subscription fee is capped at 0.80% of the subscription amount, and this fee is borne by the investors [8][19] - The subscription process involves submitting a request that cannot be revoked once submitted [6][10] Fund Management and Custody - The fund is managed by Huitianfu Fund Management Co., Ltd., and the custodian is Guotou Securities Co., Ltd. [1][44] - The fund's registration has been approved by the China Securities Regulatory Commission, but this does not imply any guarantee of investment value or market prospects [1][11] Fund Operations - The fund will generate interest on the effective subscription funds during the fundraising period, which will be converted into fund shares for the investors [8][21] - The fund's management may adjust the fundraising arrangements as necessary and will announce any changes promptly [17][19]