| 基金管理人名称 | 华夏基金管理有限公司 | | --- | --- | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》《证券基金经营机构董 事、监事、高级管理人员及从业人员监督管理办法》等相关法律法 | | | 规 | | 人员变更类型 | 新任基金管理人董事长、基金管理人副董事长,离任基金管理人董 | | | 重长 | | 新任人员职务 | 基金管理人董事长 | | --- | --- | | 新任人员姓名 | 邹迎光 | | 任职目期 | 2025年9月30日 | | | 邹迎光先生于 2017年加入中信证券,于 2024年 12月 12 日获委任 | | | 为中信证券执行董事。邹先生亦任中信证券党委副书记、总经理、 | | | 执行委员,兼任华夏基金党委书记。邹先生曾于 1998年 图月至1005 | 北京商报讯（记者 郝彦）9月30日，华夏基金发布公告表示，张佑君因工作需要自9月30日起离任公司董事长，邹迎光 同日起新任公司董事长。 公开履历显示，邹迎光于2017年加入中信证券，于2024年12月12日获委任为中信证券执行董事。邹迎光亦任中信证券党 委副书记、总经理、执行委员，兼任 ...

Core Viewpoint - Huaxia Fund announced the appointment of Zou Yingguang as the new chairman and Li Yimei as the vice chairman, following the departure of former chairman Zhang Youjun due to "work needs" [2][5]. Company Leadership Changes - Zou Yingguang, previously the general manager of CITIC Securities, has been appointed as the chairman of Huaxia Fund, effective September 30, 2025. He has extensive experience in the securities industry, having joined CITIC Securities in 2017 and held various leadership roles [3][4]. - Li Yimei, who joined Huaxia Fund in 2001 and has served as a director and general manager since 2018, has been appointed as the vice chairman. She also holds multiple leadership positions within the company [5][6]. Company Performance and Scale - As of mid-2023, Huaxia Fund's public fund management scale reached 2.02 trillion yuan, ranking second among 162 licensed public fund institutions in China. The non-money market fund scale was 1.25 trillion yuan, also in second place [2][7]. - The latest management scale of Huaxia Fund's ETFs reached 896.08 billion yuan as of September 29, 2023, leading the industry. The ETF business has seen significant growth, with an increase of 494.3 billion yuan over the past year [7][8]. Historical Context - Established on April 9, 1998, Huaxia Fund is one of the first national fund management companies approved by the China Securities Regulatory Commission, marking a significant milestone in the development of the public fund industry in China [6][8].

Core Points - The announcement of new leadership at Huaxia Fund includes the appointment of Zou Yingguang as Chairman and Li Yimei as Vice Chairman, effective September 30, 2023 [1][2] - Zou Yingguang holds multiple roles at CITIC Securities, including Deputy Secretary of the Party Committee and General Manager, and has a history of significant positions within the financial sector [3] - Li Yimei has been with Huaxia Fund since 2001 and has served as General Manager and a board member, also holding various leadership roles within the company [3] Group 1 - Huaxia Fund announced the appointment of Zou Yingguang as Chairman and Li Yimei as Vice Chairman, effective September 30, 2023 [1] - The previous Chairman, Zhang Youjun, stepped down due to work requirements and is now serving as the Secretary of the Party Committee at CITIC Securities [1][2] - Zou Yingguang's past experience includes significant roles at Huaxia Securities and CITIC Securities, showcasing a strong background in the financial industry [3] Group 2 - Zou Yingguang's educational background includes a master's degree, and he has been with CITIC Securities since 2017 [3] - Li Yimei also holds a master's degree and has been with Huaxia Fund since 2001, demonstrating long-term commitment and experience within the organization [3] - Both new appointees are expected to bring their extensive experience to lead Huaxia Fund in its future endeavors [1][3]

Core Points - Huaxia Fund announced a leadership change with Zou Yingguang appointed as the new chairman and Li Yimei as the new vice chairman, effective September 30, 2025 [1][5][8] - The previous chairman, Zhang Youjun, stepped down due to work requirements, and the company expressed gratitude for his contributions during his tenure [7][8] Company Overview - Huaxia Fund, established in 1998, is one of the first public fund companies in China and is among the "old ten" fund companies [9] - As of the end of Q2 2025, Huaxia Fund's asset management scale exceeded 3 trillion yuan, making it one of the largest fund management companies in the country [9] - The company ranks first in the industry for passive equity ETF scale and second for non-cash and public equity fund scale [9] Financial Performance - Despite a general trend of fee reductions in the public fund industry, Huaxia Fund reported strong financial results for the first half of 2025, with operating income of 4.258 billion yuan, a year-on-year increase of 16.05%, and net profit of 1.123 billion yuan, up 5.74% year-on-year [10]

Core Viewpoint - The National Social Security Fund achieved an investment return rate of 8.1% in 2024, with total investment earnings amounting to 218.42 billion yuan, surpassing historical averages [1][4][3]. Summary by Sections Investment Performance - The fund's average annual investment return since its establishment is 7.39%, with cumulative investment earnings reaching 1,900.998 billion yuan [5]. - The investment return of 8.1% for 2024 is higher than the historical average, with realized earnings of 43.651 billion yuan (realized return rate of 1.64%) and fair value changes of trading assets amounting to 174.767 billion yuan [4][3]. Asset Growth - By the end of 2024, the total asset size of the social security fund increased by 307.901 billion yuan compared to 2023, with both direct and entrusted investments growing [2][6]. - The total assets reached 3,322.462 billion yuan, with direct investment assets at 948.576 billion yuan (28.55% of total assets) and entrusted investment assets at 2,373.886 billion yuan (71.45% of total assets) [5][6]. Domestic and International Investment - Domestic investment assets increased by 216.068 billion yuan, while international investment assets rose by 91.833 billion yuan, leading to a 1.7 percentage point increase in the share of international investments [2][6]. - The fund maintained a stable exposure to stock market risks and increased allocations to fixed-income assets, benefiting from the downward trend in interest rates [6]. Local Pension Fund Performance - The local pension fund achieved an investment return rate of 5.52% in 2024, with total investment earnings of 105.688 billion yuan [8]. - The total assets of the local pension fund reached 28,396.52 billion yuan, with liabilities of 5,046.49 billion yuan and equity totaling 23,350.03 billion yuan [8].

Core Points - Tianhong Zhongzheng Electronics ETF (159997) announced the departure of fund manager Lin Xinlong due to work requirements, effective September 30, 2025, with co-manager Hong Minghua taking over the management of the fund [2][3][4] Fund Information - Fund Name: Tianhong Zhongzheng Electronics Exchange-Traded Fund - Fund Code: 159997 - Fund Manager: Tianhong Fund Management Co., Ltd. - Announcement Basis: "Publicly Raised Securities Investment Fund Information Disclosure Management Measures" [3] - Fund Manager Change Type: Dismissal of Fund Manager [3] - Co-Manager: Hong Minghua [3] - Departing Fund Manager: Lin Xinlong [3] Manager Profiles - Lin Xinlong holds a master's degree in Optical Engineering and has extensive experience in the securities industry. He joined Tianhong Fund in August 2019 and has managed multiple funds, including the Tianhong Zhongzheng Intelligent Automotive Theme Index Fund [6] - Hong Minghua holds a master's degree in Computer Application Technology and has a background in software engineering. He joined Tianhong Fund in October 2016 and manages several funds, including the Tianhong Zhongzheng Computer Theme ETF [6] Fund Performance - Tianhong Zhongzheng Electronics ETF was established on February 27, 2020, with an initial size of 1.154 billion yuan. As of June 30, 2025, the fund size reached 1.261 billion yuan. The management fee is 0.50%, and the custody fee is 0.10%. The fund has not distributed dividends since its inception [7]

Core Viewpoint - Zhangjiang Hi-Tech's stock rose by 5.17% to 53.86 CNY per share, with a trading volume of 7.8 billion CNY and a turnover rate of 9.54%, resulting in a total market capitalization of 83.41 billion CNY [1] Company Overview - Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. was established on April 18, 1996, and listed on April 22, 1996. The company is located at 560 Songtao Road, Shanghai [1] - The main business involves land development and land use rights management within the assigned plots, as well as investment and operation of commercial high-tech projects [1] - Revenue composition includes: 53.08% from industrial space leasing, 46.06% from industrial space sales, and 0.87% from other sources [1] Shareholder Information - Noan Fund's Noan Optimized Configuration Mixed A (006025) is among the top ten circulating shareholders of Zhangjiang Hi-Tech. In Q2, it reduced its holdings by 679,100 shares, retaining 6,649,400 shares, which accounts for 0.43% of circulating shares [2] - The fund has achieved a year-to-date return of 50.38%, ranking 1171 out of 8167 in its category, and a one-year return of 114.93%, ranking 178 out of 8010 [2] Fund Manager Performance - The fund manager of Noan Optimized Configuration Mixed A is Liu Huiying, who has been in the position for 3 years and 60 days. The total asset size of the fund is 23.674 billion CNY [3] - During Liu's tenure, the best fund return was 76.89%, while the worst was 14.44% [3] Fund Holdings - Noan Optimized Configuration Mixed A has Zhangjiang Hi-Tech as its ninth-largest holding, with 6,649,400 shares representing 7.61% of the fund's net value [4] - The fund's estimated floating profit from its holdings in Zhangjiang Hi-Tech is approximately 17.62 million CNY [4]

Group 1 - The core point of the news is that Chengfa Environment's stock price dropped by 5.02% to 15.14 CNY per share, with a trading volume of 302 million CNY and a turnover rate of 3.05%, resulting in a total market capitalization of 9.721 billion CNY [1] - Chengfa Environment Co., Ltd. is based in Zhengzhou, Henan Province, and was established on December 31, 1998, with its listing date on March 19, 1999. The company's main business includes investment, construction, and operation management of highways [1] - The revenue composition of Chengfa Environment is as follows: solid waste treatment and sanitation business accounts for 58.10%, highway business 20.29%, environmental solution integration services 10.98%, water treatment 7.22%, and others 3.41% [1] Group 2 - From the perspective of the top ten circulating shareholders of Chengfa Environment, a fund under Southern Fund is among them. The Southern CSI 1000 ETF (512100) reduced its holdings by 62,300 shares in the second quarter, holding a total of 1.8588 million shares, which represents 0.29% of the circulating shares [2] - The estimated floating loss for the Southern CSI 1000 ETF (512100) today is approximately 1.4871 million CNY. The fund was established on September 29, 2016, with a latest scale of 64.953 billion CNY. Year-to-date return is 27.27%, ranking 2099 out of 4220 in its category; the one-year return is 47.41%, ranking 1424 out of 3846; and since inception, the return is 12.63% [2]

Core Viewpoint - The assassination of Charlie Kirk has intensified social divisions in the U.S. and highlighted the influence of conservative movements among the youth, particularly through the organization he founded, Turning Point USA, which has significantly grown in membership and funding over the years [1][2]. Funding and Financial Growth - Turning Point USA raised $389 million over ten years, with annual fundraising increasing from $79,000 in its first year to $80 million by 2022, marking a nearly 1,000-fold increase [2]. - The largest known donor is the Wayne D. K. Dardelston Foundation, contributing $13.1 million, while other notable donors include the Marcus Foundation and Charles Johnson's foundation, which have also made substantial contributions [3]. Influence on Youth - Conservative groups are strategically targeting the younger generation to ensure the continuity of their political and cultural influence, with a focus on increasing political participation among young voters [4]. - Recent surveys indicate a shift among young voters towards conservative ideologies, with 26% of males aged 18-24 identifying as conservatives, reflecting a growing trend [5]. Methods of Engagement - Conservative organizations, including Turning Point USA, utilize social media and campus events to engage with young people, hosting over 2,000 campus events annually to foster direct interaction and debate [6]. - The rebranding of conservatism as a social identity rather than merely a political belief has resonated with youth, making conservative values more appealing [8]. Cultural and Ideological Shifts - The transformation of Turning Point USA under Kirk's leadership has seen a shift from economic issues to cultural battles, emphasizing Christian nationalism and traditional values [7]. - The organization has also established a religious branch to further integrate faith into its political agenda, reflecting a broader trend of intertwining religion with conservative politics [7]. International Implications - The impact of Kirk's assassination has sparked international solidarity among right-wing groups, with memorials held in various cities worldwide, indicating a potential for a global conservative movement [10]. - The rise of youth conservatism in the U.S. may influence similar movements abroad, as evidenced by the activities of conservative youth groups in countries like South Korea [10].

Core Viewpoint - The National Social Security Fund achieved a notable investment return of 8.10% in 2024, despite increased market volatility, contributing to the financial security of the public [2][4][9]. Fund Performance - The total assets of the National Social Security Fund reached 33,224.62 billion RMB by the end of 2024, with direct investment assets accounting for 9,485.76 billion RMB (28.55%) and entrusted investment assets at 23,738.86 billion RMB (71.45%) [5][6]. - The fund's investment income for 2024 was 2,184.18 billion RMB, with a realized income of 436.51 billion RMB (1.64% realized return) and a fair value change of trading assets amounting to 1,747.67 billion RMB [7][8]. Investment Strategy - The fund employs a combination of direct and entrusted investment strategies, focusing on long-term, value, and responsible investment principles [9][11]. - The investment management emphasizes optimizing asset allocation strategies, enhancing market analysis capabilities, and maintaining a robust risk compliance framework [11]. Financial Overview - The fund's income for the year was 228.41 billion RMB, with interest income at 57.30 billion RMB and dividend income at 31.04 billion RMB [8]. - Total expenses for the fund were 9.99 billion RMB, leading to a net income of 218.42 billion RMB [8]. Risk Management - The fund has established a comprehensive risk prevention system to safeguard its investment operations, ensuring a balance between development and safety [11].