Core Viewpoint - The announcement details the first dividend distribution for the CITIC Prudential State-Owned Enterprise Dividend Quantitative Stock Fund, with specific dividend amounts and dates outlined [1] Summary by Sections Dividend Announcement - The dividend distribution date is set for October 14, 2025, with a record date of September 9, 2025 [1] - The fund's two classes, A and C, have net asset values of 1.08 yuan and 1.07 yuan respectively, with a dividend of 0.12 yuan per 10 shares for both classes [1] Dividend Distribution Details - Eligible shareholders are those registered by the equity registration date of October 13, 2025 [1] - Investors opting for dividend reinvestment will have their cash dividends converted into fund shares based on the net asset value determined on October 13, 2025 [1] Taxation and Fees - According to regulations from the Ministry of Finance and the State Administration of Taxation, the fund's income distributed to investors is temporarily exempt from income tax [1] - Any bank transfer or other procedural fees incurred during the dividend distribution will be borne by the investors [1]

Group 1 - Chongqing Bank's stock price has declined for six consecutive days, with a total drop of 6.6% during this period, currently trading at 9.06 CNY per share and a market capitalization of 31.48 billion CNY [1] - The bank's main business segments include corporate banking (69.84% of revenue), personal banking (21.95%), and funding operations (7.41%), with a small portion of 0.80% classified as undistributed [1] - The bank was established on September 2, 1996, and listed on February 5, 2021, providing a range of banking products and services in China [1] Group 2 - CITIC Prudential Fund holds a significant position in Chongqing Bank, with its fund, CITIC Prudential State-Owned Enterprise Dividend Quantitative Stock A, owning 448,800 shares, representing 3.12% of the fund's net value [2] - The fund has experienced a floating loss of approximately 94,200 CNY today and a total floating loss of 287,200 CNY over the six-day decline [2] - The fund was established on March 22, 2024, with a current size of 16.21 million CNY and has reported a year-to-date return of 1.9% [2] Group 3 - The fund managers for CITIC Prudential State-Owned Enterprise Dividend Quantitative Stock A are Han Yiling and Huang Zhi, with Han having a tenure of 7 years and 164 days and Huang for 7 years and 58 days [3] - Han Yiling's fund has achieved a best return of 116.67% and a worst return of -0.67% during his tenure, while Huang Zhi's fund has seen a best return of 146.63% and a worst return of -17.96% [3] - The total asset size of Han Yiling's fund is 1.118 billion CNY, while Huang Zhi's fund has a total asset size of 3.01 billion CNY [3]

Core Viewpoint - The AI Fund CITIC Prudential State-owned Enterprise Dividend Quantitative Stock A (020768) reported a profit of 6089.98 yuan for the first half of 2025, with a net asset value growth rate of 0.06% during the period, and a fund size of 16.21 million yuan as of the end of June 2025 [3][31]. Fund Performance - As of September 3, 2025, the fund's unit net value was 1.103 yuan, with a one-year cumulative net value growth rate of 17.71%, ranking 104 out of 110 comparable funds [3][6]. - The fund's net value growth rate over the past three months was 2.53%, and over the past six months, it was 7.45%, ranking 100 out of 110 and 99 out of 110 respectively among comparable funds [6]. Investment Strategy - The fund maintained a high stock position during the reporting period, focusing on investment opportunities in high-dividend state-owned enterprises, and employed a quantitative stock selection model to achieve long-term returns exceeding the performance benchmark [3]. Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 10.47 times, significantly lower than the industry average of 28.84 times. The weighted average price-to-book (P/B) ratio was about 0.7 times, compared to the industry average of 2.19 times, and the weighted average price-to-sales (P/S) ratio was approximately 0.29 times, against an industry average of 1.95 times [10]. Growth Metrics - For the first half of 2025, the weighted revenue growth rate of the stocks held by the fund was -0.08%, and the weighted net profit growth rate was -0.24%, with a weighted annualized return on equity of 0.07% [16]. Fund Composition - As of June 30, 2025, the fund had a total of 625 holders, with a total of 14.96 million shares held. Individual investors accounted for 94.69% of the holdings, while management and institutional investors held 5.97% and 5.31% respectively [34]. - The fund's top ten holdings included major companies such as Bank of Communications, Lu'an Environmental Energy, and Xiamen International Trade [40]. Trading Activity - The fund's turnover rate over the last six months was approximately 217.94%, consistently lower than the industry average [37].

Core Viewpoint - The AI Fund, CITIC Prudential State-Owned Enterprise Dividend Quantitative Stock A, reported a profit of 173,100 yuan for Q2 2025, with a net asset value growth rate of 2.04% during the period [3][15]. Fund Performance - As of July 17, the fund's unit net value was 1.104 yuan, with a one-year cumulative net value growth rate of 10.97%, ranking 84th out of 110 comparable funds [3][4]. - The fund's performance over the last three months showed a growth rate of 4.50%, ranking 96th out of 110, and over the last six months, it was 5.35%, ranking 85th out of 110 [4]. Investment Strategy - The fund maintained a high stock position during the reporting period, focusing on investment opportunities in high-dividend state-owned enterprises and employing a quantitative strategy to achieve long-term returns exceeding the performance benchmark [3]. Risk Metrics - The fund's Sharpe ratio since inception is 0.6483, indicating a moderate risk-adjusted return [8]. - The maximum drawdown since inception is 12.44%, with the largest quarterly drawdown occurring in Q2 2025 at 6.09% [11]. Fund Composition - As of Q2 2025, the fund's total assets amounted to 16.2144 million yuan [15]. - The top ten holdings include major companies such as Bank of Communications, Lu'an Environmental Energy, and Xiamen International Trade [18]. Stock Positioning - The average stock position since inception is 88.09%, closely aligned with the industry average of 88.05% [14]. The highest stock position reached 89.64% at the end of 2024, while the lowest was 83.8% at the end of Q3 2024 [14].

Group 1 - The core viewpoint of the article highlights the performance and investment potential of the CITIC Prudential State-Owned Enterprise Dividend Quantitative Stock A Fund, which reported a profit of 1.1795 million yuan for 2024 and a net asset value growth rate of 8.3% [3] - As of April 3, 2024, the fund's unit net value was 1.078 yuan, with the fund manager indicating that the value of dividend assets is becoming more apparent due to the decline in risk-free interest rates [3][5] - The fund's largest holdings include Xiamen Bank, Huaibei Mining, and Shanghai Bank, indicating a focus on stable companies with dividend capabilities [19] Group 2 - The fund's performance metrics show a three-month net value growth rate of 2.39%, a six-month rate of -1.98%, and a one-year rate of 7.65%, positioning it in the middle range among comparable funds [5] - The fund's Sharpe ratio since inception is 0.6553, suggesting a reasonable risk-adjusted return [10] - The maximum drawdown since inception is 12.44%, with the highest quarterly drawdown occurring in Q1 2025 at 3.34% [12]