注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示 未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不 构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相 匹配的产品。基金有风险，投资需谨慎。 每日经济新闻 国泰海通指出，当前市场环境下，投资者对高股息资产的配置需求持续存在，尤其是具备稳定现金流和 分红能力的优质资产。红利策略在无风险收益下行周期中仍具吸引力，其低波动特性与市场对确定性收 益的追求形成共振。 红利国企ETF（510720）跟踪的是上国红利指数（000151），该指数从市场中筛选具有稳定分红历史的 上市公司证券作为指数样本，主要覆盖金融、能源及工业等传统领域，以反映高分红企业证券的整体表 现。 ...

Group 1 - The core viewpoint is that in the context of asset scarcity, the value of dividend-paying industries is becoming more prominent, with the banking sector leading in dividend strategies by mid-2025 due to its stable dividend capability and sustainability [1] - Analysts suggest that in a low-interest-rate environment, it is essential to select industries with stable dividends, focusing on sectors with high dividend levels such as oil and petrochemicals, home appliances, and those with strong dividend intentions like banks and transportation [1] - The current market favors stocks that combine defensive attributes with dividend certainty, as evidenced by the strong performance of the banking sector [1] Group 2 - The Hongxin Securities Dividend ETF tracks the Shanghai Dividend Index, which focuses on high-quality companies listed on the Shanghai Stock Exchange with stable dividend records, covering representative enterprises in finance, energy, and consumer sectors [1] - The index aims to provide investors with a benchmark for measuring the performance of high-dividend stocks in the Chinese market by selecting state-owned enterprises with strong continuous dividend capabilities [1] - Investors without stock accounts can consider the Guotai Shanghai State-Owned Enterprise Dividend ETF Initiation Link A (021701) and Link C (021702) [1]