华夏创业板低波价值交易型开放式指数 证券投资基金 基金管理人：华夏基金管理有限公司 基金托管人：中国农业银行股份有限公司 报告送出日期：二〇二五年八月三十日 华夏创业板低波价值交易型开放式指数证券投资基金 2025 年中期报告 基金管理人的董事会、董事保证本报告所载资料不存在虚假记载、误导性陈述或重大遗漏，并 对其内容的真实性、准确性和完整性承担个别及连带的法律责任。本中期报告已经三分之二以上独 立董事签字同意，并由董事长签发。 基金托管人中国农业银行股份有限公司根据本基金合同规定，于 2025 年 8 月 28 日复核了本报 告中的财务指标、净值表现、利润分配情况、财务会计报告、投资组合报告等内容，保证复核内容 不存在虚假记载、误导性陈述或者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应仔细阅读本基 金的招募说明书及其更新。 本报告中财务资料未经审计。 本报告期自 2025 年 1 月 1 日起至 6 月 30 日止。 华夏创业板低波价值交易型开放式指数证券投资 基金 2025 年中期报告 ...

ESG Policies - The Central Committee and State Council of China issued an opinion to strengthen the national carbon market, aiming for comprehensive coverage of major industrial emission sectors by 2027 and full coverage of voluntary greenhouse gas reduction trading markets in key areas [1] ESG Investment - A new ESG green unicorn industry fund with a scale of 500 million RMB was launched, focusing on high-growth sectors such as intelligent manufacturing, AI, and new energy, utilizing diverse investment methods to support global development [2] - The Rongtong CSI Chengtong Central Enterprise ESG ETF Connect Fund was launched with a record issuance scale of 960 million RMB, indicating a significant increase in domestic investor recognition of sustainable investments [3] ESG Development - The National Energy Administration reported that renewable energy investments have become the dominant force in power investments, with over 80% of investment in key renewable energy projects expected in 2024, highlighting the acceleration of green energy transition in China's energy structure [4] - KPMG China noted that more companies are viewing ESG as a new engine for business growth, integrating it into core strategies rather than treating it as a compliance task, reflecting a significant evolution in corporate governance philosophy [5][6] ESG Actions - The chairman of China National Petroleum Corporation emphasized the need to advance the construction of large-scale renewable energy bases, focusing on diverse technologies such as geothermal, wind, and solar energy, showcasing the company's commitment to green transformation [7]

Group 1 - The core viewpoint of the article highlights that China Merchants Fund achieved significant financial results in the first half of the year, with operating income of 2.561 billion yuan and net profit of 789 million yuan [1] - As of the end of the reporting period, the total assets under management for China Merchants Fund reached 1.5383 trillion yuan, including the management scale of subsidiaries [1] - The public fund management scale, excluding connection funds, was reported at 896.7 billion yuan, while the non-monetary public fund management scale stood at 522.9 billion yuan [1]

Group 1 - The core viewpoint of the news is that Altec Automotive Technology Co., Ltd. experienced a decline in stock price, dropping by 5.01% to 11.95 CNY per share, with a trading volume of 425 million CNY and a turnover rate of 7.27%, resulting in a total market capitalization of 5.952 billion CNY [1] - Altec's main business involves the design of fuel and new energy vehicles, along with related technical services, with a revenue composition of 94.34% from professional technical services and 5.66% from manufacturing [1] Group 2 - Among Altec's top ten circulating shareholders, a fund under China Europe Fund, specifically the China Europe Sci-Tech Theme Mixed Fund (LOF) A, entered the top ten shareholders in the second quarter, holding 3.6898 million shares, which accounts for 0.76% of the circulating shares, with an estimated floating loss of approximately 2.3246 million CNY today [2] - The China Europe Sci-Tech Theme Mixed Fund (LOF) A was established on June 28, 2019, with a latest scale of 2.238 billion CNY, achieving a year-to-date return of 63.64% and ranking 287 out of 8189 in its category, while its one-year return is 141.35%, ranking 75 out of 7969 [2]

Group 1 - The Thai Government Pension Fund (GPF), managing assets worth 450 billion USD, is shifting its focus towards gold, commodities, and global equities to enhance returns after a lackluster performance in the first half of the year [1][2] - The fund's return rate for January to June was only 1.19%, but it aims to achieve an annualized return rate of over 3% by 2025 [1] - GPF has significantly increased its gold holdings, which now account for 0.43% of total assets, reflecting a more than doubling in quantity since the beginning of the year [1] Group 2 - The fund has reduced its investment in local and overseas equities from 22.6% to 19% of its total portfolio due to market volatility caused by U.S. tariffs [3] - Approximately 57% of the fund's assets remain in domestic and international fixed income, unchanged from the end of 2024 [3] - The fund's projected return rate for 2024 is 3.5%, more than double the previous year's return of 1.46% [3]

Group 1 - CITIC Prudential Fund recently conducted research on two listed companies: Jiuan Medical and Nengke Technology [1] - Jiuan Medical's new product for 2024 utilizes colloidal gold immunochromatography technology for qualitative detection of influenza A, B, and Covid viruses, and is now a common home virus screening tool in the US market [1] - Nengke Technology reported that revenue growth from AI products and services is supported by external environment and internal strategies, with a clear trend towards smart manufacturing upgrades [1] Group 2 - Nengke Technology's gross margin improvement is attributed to business and product structure adjustments, focusing on high-margin sectors while reducing inefficient operations [1] - The company is in the early stages of vertical application development, with significant R&D investment and a long development cycle, aiming to enhance market share through continuous innovation [1] - CITIC Prudential Fund has an asset management scale of 162.93 billion yuan, ranking 44th among 210 funds, with a recent top-performing fund showing a 96.13% growth over the past year [2]

Group 1: Gao Weida (高伟达) - Gao Weida achieved operating revenue of approximately 520.21 million yuan and a net profit of 13.83 million yuan in the first half of 2025, with a second-quarter net profit of 24.37 million yuan, reflecting a quarter-on-quarter growth of 231.19% [1] - The company is leveraging large model technology to implement multiple AI projects in credit scenarios, enhancing business revenue and exploring new development opportunities [1] - The new business model focuses on providing full lifecycle management for retail credit, rapidly increasing credit scale and managing non-performing assets, shifting from customized development to an operational model with a revenue-sharing approach [1] Group 2: Yahui Long (亚辉龙) - Yahui Long has completed the prototype of its second-generation sequencing project, achieving full self-research and production of core reagents, auxiliary reagents, and auxiliary enzyme reagents [2] - The company is advancing the integration of its product matrix, technology research and development, customer service, and office data with AI platforms like DeepSeek, enhancing laboratory automation [2] Group 3: Haoyang Co., Ltd. (浩洋股份) - Haoyang reported revenue of approximately 522 million yuan in the first half of 2025, a year-on-year decline of 21.99%, and a net profit of 7.8 million yuan, down 61.69% year-on-year [2] - Following the acquisition of Danish SGM company assets, Haoyang has established subsidiaries in Denmark and the United States, with positive market feedback on new product sales [2] - The company anticipates growth in overseas performance activities over the next two years, with expectations for the U.S. market to gradually recover, enhancing its R&D capabilities to improve competitiveness [2] Group 4: Zhonggeng Fund (中庚基金) - Zhonggeng Fund, established in 2015, has an asset management scale of 11.607 billion yuan, ranking 140th out of 210 in total public funds [3] - The fund's best-performing product in the past year is the Zhonggeng Hong Kong Stock Connect Value Fund, with a latest net value of 1.21 and a growth of 58.62% over the past year [3]

Group 1: Company Insights - Dongxing Fund recently conducted research on two listed companies, including Three Squirrels and Dongxin Co., focusing on their strategic shifts and financial performance [1] - Three Squirrels is transitioning towards high-end, quality, and differentiated products, achieving a revenue of 5.478 billion yuan and a net profit of 138 million yuan, with over 20% growth in Q2 [1] - Dongxin Co. reported continuous improvement in revenue and gross profit, driven by the recovery in SLC NAND Flash demand and price increases, with significant contributions from SLC NAND products [1] Group 2: Industry Trends - The food and retail industry is undergoing changes, making it difficult to generate value through homogeneous competition, prompting companies to innovate [1] - The semiconductor market is experiencing a recovery in demand, particularly for SLC NAND Flash and NOR Flash products, with price adjustments following leading manufacturers [1] - The smart wearable device market is strong, with Dongxin Co. focusing on TWS headphones, feature phones, and smart wristbands, while also advancing Wi-Fi 7 wireless communication chip development [1] Group 3: Fund Performance - Dongxing Fund, established in 2020, has an asset management scale of 39.205 billion yuan, ranking 92 out of 210 in total public funds [2] - The fund's best-performing product in the past year is Dongxing Future Value Mixed A, with a net value of 1.52 and a growth of 83.82% over the last year [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 景顺长城高端装备股票型发起式证券投资基金基金份额发售公告 重要提示 1、景顺长城高端装备股票型发起式证券投资基金经中国证监会证监许可【2025】1545号文准予募集注 册。中国证监会对本基金的注册并不代表中国证监会对本基金的风险和收益做出实质性判断、推荐或者 保证。 2、本基金为股票型发起式证券投资基金。 3、本基金的管理人和登记机构为景顺长城基金管理有限公司（以下简称"本公司"），基金托管人为中 国农业银行股份有限公司（以下简称"农业银行"）。 4、本基金的发售对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、发起 资金提供方、合格境外投资者以及法律法规或中国证监会允许购买证券投资基金的其他投资人。 5、景顺长城高端装备股票型发起式证券投资基金（以下简称"本基金"）基金份额将于2025年9月8日至 2025年9月19日通过本公司直销中心和其他销售机构网点公开发售。 6、投资者欲购买本基金，需开立本公司基金账户。基金募集期内本公司直销中心和指定销售网点同时 为投资者办理开立基金账户的手续。在基金募集期间，投资者的开户和认购申请可同时办理。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 3. 本基金的基金管理人和登记机构为永赢基金管理有限公司（以下简称"本公司"或"永赢基金"），基金 托管人为中信银行股份有限公司。 4. 本基金的发售期为2025年9月1日至2025年9月10日。本基金通过本公司的直销机构（本公司直销柜台 和线上直销渠道）及其他基金销售机构的销售网点公开发售。基金管理人可根据募集情况适当延长或缩 短本基金的募集期限并及时公告，但整个募集期限自基金份额发售之日起不超过三个月。 5. 本基金设A类和C类两类基金份额。A类基金份额的代码为025208，C类基金份额的代码为025209。本 基金为发起式基金，募集份额总额不少于1000万份，发起资金提供方认购本基金的总金额不少于1000万 元人民币，且认购的基金份额持有期限自基金合同生效之日起不少于3年（基金合同生效不满三年提前 终止的情况除外），法律法规和监管机构另有规定的除外。 6. 本基金募集对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、合格境外 投资者和发起资金提供方以及法律法规或中国证监会允许购买证券投资基金的其他投资人。个人投资者 指依据有关法律法规 ...