Core Viewpoint - The performance of the China Securities Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index has shown mixed results, with notable fluctuations in constituent stocks and a slight overall decline in the index value as of January 26, 2026 [1][2]. Group 1: Index Performance - As of January 26, 2026, the index has decreased by 1.22% [1]. - The Greater Bay Area ETF (512970) has shown a recent price of 1.56 yuan, with a cumulative increase of 1.17% for the month [1]. - The ETF's trading volume was 14.21 thousand yuan with a turnover rate of 0.16% [1]. Group 2: Liquidity and Risk Metrics - The average daily trading volume of the Greater Bay Area ETF over the past month was 92.05 thousand yuan [1]. - The maximum drawdown for the ETF this year was 1.84%, with a relative benchmark drawdown of 0.02% [1]. - The ETF's Sharpe ratio over the past year was reported at 1.76 as of January 23, 2026 [1]. Group 3: Fee Structure - The management fee for the Greater Bay Area ETF is set at 0.15%, while the custody fee is 0.05% [1] . Group 4: Tracking Accuracy - The tracking error for the Greater Bay Area ETF over the past six months was recorded at 0.026% [2]. - The index closely tracks the performance of companies benefiting from the development of the Guangdong-Hong Kong-Macao Greater Bay Area [2]. Group 5: Top Constituent Stocks - As of December 31, 2025, the top ten weighted stocks in the index accounted for 46.96% of the total index weight, including China Ping An, Luxshare Precision, and BYD [2]. - The individual weights of the top stocks are as follows: China Ping An (8.31%), Luxshare Precision (6.59%), BYD (6.05%), and others [4].

Core Viewpoint - The performance of the China Securities Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index and its related ETF indicates a positive trend, with significant gains in individual stocks and overall index performance, reflecting the growth potential in the Greater Bay Area market. Group 1: Index Performance - As of September 19, 2025, the China Securities Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index (931000) increased by 0.68% [1] - The top-performing constituent stocks include Jiangbolong (301308) up 10.00%, Guangdong Hongda (002683) up 6.58%, and Bawei Storage (688525) up 4.64% [1] - The Greater Bay Area ETF (512970) experienced a slight decline of 0.13%, with a latest price of 1.49 yuan [1] Group 2: ETF Performance Metrics - The Greater Bay Area ETF has shown a 53.68% increase in net value over the past year as of September 18, 2025 [1] - The ETF's highest single-month return since inception was 21.99%, with the longest consecutive monthly gain being 4 months and a maximum increase of 26.18% [1] - The ETF's average monthly return during rising months is 5.38% [1] Group 3: Trading and Liquidity - The trading volume for the Greater Bay Area ETF was 4315.20 yuan with a turnover rate of 0.01% [1] - The average daily trading volume over the past month was 779,100 yuan [1] Group 4: Risk and Recovery - The Greater Bay Area ETF has a relative benchmark drawdown of 0.43% year-to-date, with a recovery period of 108 days [2] Group 5: Fees and Tracking Accuracy - The management fee for the Greater Bay Area ETF is 0.15%, and the custody fee is 0.05% [3] - The tracking error for the ETF over the past two months is 0.028%, indicating close tracking of the underlying index [4] Group 6: Top Holdings - As of August 29, 2025, the top ten weighted stocks in the index include China Ping An (601318), BYD (002594), and China Merchants Bank (600036), collectively accounting for 49.06% of the index [5]