Group 1 - The fund is named "Penghua ChiNext New Energy ETF Initiated Link Fund" with two classes: A and C [8][9] - The fund operates as a contractual open-end ETF link fund [8] - The maximum fundraising scale during the fundraising period is set at 500 million RMB, excluding interest accrued during the fundraising period [10][27] Group 2 - The fundraising period is from January 19, 2026, to February 6, 2026 [15] - Investors can subscribe multiple times during the fundraising period, but once a subscription application is accepted, it cannot be withdrawn [10][11] - The minimum subscription amount for each fund trading account is 1 RMB, with specific rules for direct sales and other sales institutions [24][25] Group 3 - The fund is open to individual investors, institutional investors, and qualified foreign investors who meet legal requirements [12] - The fund management company is Penghua Fund Management Co., Ltd., and the custodian is Zhongtai Securities Co., Ltd. [54][55] - The fund's contract will take effect if the amount subscribed by the initiator reaches at least 10 million RMB and the initiator commits to holding the fund shares for no less than three years [15][50] Group 4 - The fund's A class shares will incur subscription fees, while C class shares will not [17] - Interest generated from effective subscription funds during the fundraising period will be converted into corresponding fund shares for the fund shareholders [18][48] - The fund's contract will automatically terminate if the net asset value falls below 200 million RMB three years after the contract takes effect [52]

Group 1 - The fund being launched is the "招商中证有色金属矿业主题交易型开放式指数证券投资基金发起式联接基金" with a total fundraising cap of 30 billion RMB [1][35] - The fund will be open for subscription from January 8, 2026, to January 8, 2026, and the management company is 招商基金管理有限公司 [1][38] - The fund is structured as an ETF linked fund and will have both A and C share classes, with A shares incurring subscription fees and C shares not incurring such fees [29][30] Group 2 - The minimum subscription amount for A shares through direct sales is 500,000 RMB, while for non-direct sales, it is 1 RMB [3][44] - Investors can subscribe multiple times during the fundraising period, and the subscription fee for A shares will be calculated separately for each application [3][41] - The fund's initial share price is set at 1 RMB per share, and the total fundraising amount must reach at least 1,000 million RMB [33][34] Group 3 - The fund's management may adjust the fundraising period based on subscription conditions, but it cannot exceed the legal fundraising deadline [6] - If the total subscription amount reaches or exceeds 30 billion RMB, the fund may close subscriptions early [2][36] - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [2][37]

Fund Overview - The fund is named "E Fund Shanghai Stock Exchange 380 Index Open-End Fund of Funds" and is classified as a contract-based open-end index fund [22] - The fund aims to closely track its performance benchmark while minimizing tracking deviation and error [23] - The fund will be publicly offered from October 9, 2025, to October 29, 2025, with a maximum fundraising limit of 8 billion RMB [3][25] Fund Structure - The fund is divided into two share classes: Class A shares, which charge subscription fees, and Class C shares, which do not charge subscription fees but incur service fees during the holding period [1][27] - The fund will not allow conversions between different share classes initially, but may introduce this feature in the future [2] Subscription Details - The minimum subscription amount for individual investors is 1 RMB through non-direct sales institutions, while the minimum for direct subscriptions is 50,000 RMB [6] - Investors can make multiple subscriptions during the fundraising period, with no upper limit on the total subscription amount for individual investors [6][9] - The fund has a maximum fundraising limit of 80 billion RMB, and if this limit is exceeded, a proportionate confirmation method will be used to manage subscriptions [3][4] Investment Strategy - The fund will invest at least 90% of its net assets in the target ETF, which is designed to closely track the performance of the Shanghai Stock Exchange 380 Index [16] - The index selection process involves filtering stocks based on trading volume and ESG ratings, ultimately selecting the top 380 stocks by market capitalization [10][11][13] Fund Management - The fund is managed by E Fund Management Co., Ltd., with China Bank serving as the custodian [1][66] - The fund's performance will be closely linked to the performance of the underlying index, and it is subject to market risks [18][21] Regulatory Compliance - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by law [24] - The fund's contract will become effective only if it meets specific conditions, including a minimum of 200 investors and a total subscription amount of at least 200 million RMB [26]

Fund Overview - The fund is named "Xingye Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Price Trading Open-Ended Index Securities Investment Fund Linked Fund" [17] - The fund is categorized as an equity securities investment fund with a face value of RMB 1.00 per share [18] - The fund aims to closely track the performance of the underlying index, minimizing tracking deviation and error [20] Fund Management and Custody - The fund is managed by Xingye Fund Management Co., Ltd., and the custodian is China Postal Savings Bank Co., Ltd. [1][56] - The fund management company was established on April 17, 2013, with a registered capital of RMB 1.2 billion [56] Fund Offering Details - The fund will be publicly offered from September 30, 2025, to December 29, 2025, with a maximum fundraising period of three months [2][55] - The minimum total subscription amount is set at 200 million shares and 200 million RMB, with at least 200 investors required [2][55] Subscription and Investment - The fund offers two classes of shares: Class A and Class C, with different fee structures [18][19] - The minimum subscription amount for both classes is RMB 1, and additional subscriptions also have a minimum of RMB 1 [27][28] - Investors must open a fund account to purchase the fund, and the subscription process can be done simultaneously with account opening [3][32] Risk and Return Characteristics - The fund is expected to have higher returns and risks compared to mixed funds, bond funds, and money market funds [21] - The fund will invest in stocks listed on the Science and Technology Innovation Board, facing specific risks such as price volatility and liquidity risks [21][14] Index Tracking - The underlying index is the Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Price Index, with a base date of December 31, 2019, set at 1000 points [9] - The index includes stocks listed on the Science and Technology Innovation Board and excludes ST and *ST securities [10][13] Sales and Distribution - The fund will be sold through direct sales by Xingye Fund Management and other designated sales institutions [2][22] - The fund management company reserves the right to adjust the sales institutions and will announce any changes on its website [2][22] Legal and Compliance - The fund's contract will become effective upon completion of the registration process with the China Securities Regulatory Commission (CSRC) [24] - The fund management company is responsible for any debts and expenses incurred if the fundraising does not meet the required conditions [55]

Group 1 - The fund is named "Tibet Dongcai Shanghai Stock Exchange Science and Technology Innovation Board 50 Component Exchange-Traded Open-Ended Index Securities Investment Fund Linked Fund" and has two classes of shares: Class A and Class C [13][14] - The fund's subscription period is from September 10, 2025, to September 24, 2025, with a maximum fundraising period of three months [27][28] - The fund aims to raise a maximum of 8 billion RMB, and if the total valid subscription exceeds this amount, a proportional confirmation method will be used [5][6] Group 2 - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [17] - Investors must open a fund account with Dongcai Fund to subscribe, and those who already have an account can directly subscribe without opening a new one [7][8] - The minimum subscription amount for Class A shares is 1 million RMB, while for Class C shares, it is 1 RMB, subject to specific sales institution regulations [4][23] Group 3 - The fund will generate interest on valid subscription funds during the fundraising period, which will be converted into fund shares for the holders [12][34] - The fund's investment strategy focuses on closely tracking the target index through investments in the target ETF and its constituent stocks [18][19] - The fund's effective subscription funds will be frozen in a special account until the fund contract becomes effective [52][53] Group 4 - The fund management company is Tibet Dongcai Fund Management Co., Ltd., and the custodian bank is Bank of Beijing Co., Ltd. [55][56] - The fund's sales will be conducted through various sales institutions, and the specific list of sales institutions is available on the fund management company's website [21][41] - The fund's contract will become effective once the fundraising conditions are met, including a minimum of 200 investors and a total subscription of at least 200 million RMB [28][29]

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].

Fund Overview - The fund is named "Fullgoal CSI 500 Exchange-Traded Open-Ended Index Securities Investment Fund Initiated Link Fund" and is classified as an ETF link fund [14] - The fund's operation mode is contractual open-ended, with an indefinite duration [14] - The fund's share issuance price is set at RMB 1.00 per share [14] Fund Subscription Details - The subscription period is from August 11, 2025, to August 22, 2025, with the possibility of adjustments based on subscription conditions [17] - The minimum subscription amount is RMB 10, including subscription fees, while the minimum for direct sales is RMB 50,000 for the first subscription and RMB 20,000 for additional subscriptions [3][21] - The total subscription amount is capped at RMB 8 billion, excluding interest accrued during the subscription period [4][14] Subscription Process - Investors must open a fund account with the company to subscribe, and only one account per investor is allowed [2] - Subscription applications submitted on the same day will be processed, but confirmations will depend on the registration institution after the fund contract becomes effective [5][31] - Investors can subscribe multiple times during the subscription period, and the subscription fee for A-class shares is calculated separately for each application [3][20] Fund Management and Sales - The fund is managed by Fullgoal Fund Management Co., Ltd., with the custodian being Guosen Securities Co., Ltd. [46] - The fund will be sold through direct sales and other sales institutions, with the company retaining the right to adjust sales channels as necessary [16][47] - Customer service is available through designated phone numbers for inquiries regarding the fund [7][47] Fund Risk and Performance - The fund is expected to have higher risks and returns compared to mixed funds, bond funds, and money market funds, reflecting the characteristics of the underlying index and stock market [8] - The fund's past performance does not guarantee future results, and the management company does not assure minimum returns for investors [12]

Fund Overview - The fund is named "Huaxia National General Aviation Industry Exchange-Traded Open-Ended Index Securities Investment Fund Initiated Link Fund" [9] - The fund is a contract-based open-ended stock ETF link fund with an indefinite duration [9] - The initial face value and subscription price for both A and C class fund shares are set at 1.00 RMB [16] Fund Subscription Details - The total fundraising cap for the initial subscription is set at 8 billion RMB, with a "last day proportion confirmation" method for controlling the scale [12][13] - The subscription period is from August 4, 2025, to August 8, 2025, and may be adjusted based on subscription conditions [19] - Investors can only apply for subscription through designated sales institutions and must ensure that their funds are legally sourced [2][20] Fund Share Classes - The fund offers two classes of shares: A class, which charges a front-end subscription fee, and C class, which does not charge any subscription fees [3][11] - A class shares have a front-end subscription fee that decreases with the amount subscribed, while C class shares are fee-free [21][22] Fund Management and Custody - The fund is managed by Huaxia Fund Management Co., Ltd., and the custodian is Guotai Haitong Securities Co., Ltd. [1][53] - The fund management company has the authority to adjust the fundraising arrangements as necessary [8] Investor Eligibility and Requirements - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by law [17] - Investors must open a fund account and a trading account with the sales institution before subscribing [20][27] Fund Performance Tracking - The fund aims to closely track the performance of the underlying index of the target ETF, which it primarily invests in [9][10] - Differences in performance between the fund and the target ETF may arise due to regulatory investment ratio requirements and the impact of subscription and redemption [10]

Group 1 - The fund being launched is the "Zhaoshang CSI 300 Enhanced Strategy ETF Linked Fund" with a maximum fundraising limit of 1 billion RMB [3][32] - The fund will be open for subscription from August 18, 2025, to August 29, 2025, with the possibility of adjustments based on subscription conditions [36][29] - The fund is managed by Zhaoshang Fund Management Co., Ltd., and the custodian is China Minsheng Bank Co., Ltd. [2][4] Group 2 - The fund is categorized as a contract-type open-end ETF linked fund [2][26] - The initial offering price for the fund shares is set at 1.00 RMB per share [30][38] - The fund will have two classes of shares: Class A, which incurs subscription fees, and Class C, which does not [28][39] Group 3 - The fund's fundraising target includes a minimum of 1,000 million shares and a total fundraising amount of at least 1,000 million RMB [31][32] - Investors can subscribe multiple times during the fundraising period, with specific minimum subscription amounts depending on the sales channel [43][39] - The fund will utilize a "last day proportion confirmation" method if the total subscription amount exceeds the limit, ensuring effective control of the fundraising scale [33][4]

Fund Overview - The fund is named "Hua Fu Zhong Zheng Quan Zhi Zi You Xian Liu Jiao Yi Xing Kai Fang Shi Zhi Shu Tou Zi Ji Jin Lian Jie Ji Jin" and is registered with the China Securities Regulatory Commission [14] - The fund type is an ETF linked fund, operating as a contractual open-end fund with no fixed duration [14] - The fund aims to closely track the target index through investments in the target ETF, minimizing tracking deviation and error [14] Fund Management and Custody - The fund is managed and registered by Hua Fu Fund Management Co., Ltd., with China Agricultural Bank as the custodian [1][14] - The fund management company is located in Shanghai and has been established since April 19, 2004 [58] Fund Offering Details - The fund's offering period is from July 8, 2025, to July 23, 2025, with a maximum fundraising period of three months [16][17] - The initial share value is set at 1.00 RMB, and the minimum subscription amount is 10 RMB [20][27] - The fund will be publicly offered through various sales institutions, including the direct sales center of Hua Fu Fund Management [17][18] Subscription and Fees - A subscription fee is charged for Class A shares, while Class C shares do not incur a subscription fee but have an annual service fee of 0.40% [19][21] - Investors can make multiple subscriptions during the fundraising period, but once accepted, applications cannot be withdrawn [8][27] Investment Strategy - The fund primarily invests in the target ETF, with at least 90% of its net asset value allocated to it [7] - The fund may also invest in a variety of financial instruments, including stocks, bonds, and derivatives, as permitted by regulations [6][7] Risk and Return Characteristics - The fund's expected risk and return are higher than those of mixed funds, bond funds, and money market funds, reflecting the characteristics of the underlying index and stock market [15] - Investors are advised to understand the inherent risks associated with fund investments, including market risk and liquidity risk [8][15] Investor Eligibility - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by law [18] - Investors must open a fund account to participate in the subscription process [2][29]