Group 1 - The core point of the news is that EVE Energy Co., Ltd. has seen a stock price increase of 5.29%, reaching 75.49 CNY per share, with a trading volume of 6.205 billion CNY and a turnover rate of 4.54%, resulting in a total market capitalization of 154.432 billion CNY [1] - EVE Energy's main business includes the research, production, and sales of consumer batteries (including lithium primary batteries, small lithium-ion batteries, and ternary cylindrical batteries) and power batteries (including new energy vehicle batteries and energy storage batteries), with revenue composition being 45.26% from power batteries, 36.56% from energy storage batteries, and 18.03% from consumer batteries [1] Group 2 - From the perspective of major holdings in funds, data shows that a fund under Bank of China Securities has a significant position in EVE Energy, specifically the Bank of China Securities ChiNext ETF (159821), which reduced its holdings by 2,200 shares in the second quarter, now holding 8,265 shares, accounting for 1.66% of the fund's net value, ranking as the tenth largest holding [2] - The Bank of China Securities ChiNext ETF (159821) has a current scale of 22.8425 million CNY and has achieved a return of 43.25% this year, ranking 663 out of 4,222 in its category, with a one-year return of 96.75%, ranking 429 out of 3,800 [2]

Group 1 - The announcement from China International Capital Corporation indicates the departure of Ji Wei from the management of two ETFs: the China Securities Entrepreneur Board ETF and the China Securities 500 ETF [1][2] - Ji Wei has a background in fund management, having previously worked at Huaan Fund Management Co., Ltd. and Huian Fund Management Co., Ltd. before joining China International Capital Corporation in October 2019 [1] - The China Securities Entrepreneur Board ETF, established on September 29, 2020, has a year-to-date return of 30.32% and a cumulative net value of 1.0409 yuan as of September 4, 2025 [1] - The China Securities 500 ETF, established on April 30, 2020, has a year-to-date return of 18.03% and a cumulative net value of 1.3914 yuan as of September 4, 2025 [1]

Group 1 - The total trading volume of the ChiNext Index ETFs reached 12.412 billion yuan today, an increase of 2.607 billion yuan compared to the previous trading day, representing a growth rate of 26.59% [1] - Specifically, the E Fund ChiNext ETF (159915) had a trading volume of 9.856 billion yuan today, up by 1.489 billion yuan, with a growth rate of 17.79% [1] - The GF ChiNext ETF (159952) recorded a trading volume of 896 million yuan, an increase of 341 million yuan, with a growth rate of 61.42% [1] Group 2 - The Tianhong ChiNext ETF (159977) saw a trading volume of 512 million yuan today, increasing by 297 million yuan, with a remarkable growth rate of 137.38% [1] - The Bank of China Securities ChiNext ETF (159821) and the Fortune ChiNext ETF (159971) had significant increases in trading volume, with growth rates of 251.20% and 174.81% respectively [1] - The ChiNext Index (399006) closed down by 4.25%, while the average decline of related ETFs was 4.07%, with the Fortune ChiNext ETF (159971) and the Eastmoney ChiNext ETF (159205) experiencing the largest declines of 4.42% and 4.41% respectively [1]

Core Viewpoint - The recent appointment of Liu Xianzheng as the fund manager for four passive index funds at Zhongyin Securities raises questions about the company's management decisions and the future of the previous manager, Ji Wei, whose performance has been under scrutiny [2][7]. Fund Manager Changes - Zhongyin Securities announced the appointment of Liu Xianzheng as the fund manager for four products, transitioning from a dual-manager to a three-manager model, which is interpreted as a signal of Ji Wei's potential departure [2][6]. - Ji Wei has a history of poor performance, with all funds he managed under Zhongyin Securities recording losses, including a -38.73% return for the Zhongyin Securities Ruiyi Mixed Fund [4][6]. Performance Analysis - Ji Wei's management history includes multiple funds with negative returns, such as the Zhongyin Securities Xiangrui Mixed Fund, which recorded a -14.9% return during his tenure [4][6]. - Liu Xianzheng's previous experience does not include managing passive index funds, raising concerns about his capability in this new role [7][9]. Fund Management Context - The shift to a three-manager model for Ji Wei's funds is unusual in the industry, potentially complicating decision-making and diluting accountability [6][9]. - Liu Xianzheng's past performance in other fund types has also been disappointing, with significant losses recorded in funds he managed prior to this appointment [8][9].

Core Viewpoint - The announcement from China International Capital Corporation (CICC) highlights the appointment of Liu Xianzheng as a new fund manager for multiple ETFs, indicating a strategic move to enhance fund management capabilities and potentially improve fund performance [1][2]. Fund Performance Summary - **CICC CSI 500 ETF**: Established on April 30, 2020, with a year-to-date return of 17.49% and a total return since inception of 38.51%, with a cumulative net value of 1.3851 yuan as of August 18, 2025 [1]. - **CICC ChiNext ETF**: Established on September 29, 2020, showing a year-to-date return of 22.32% but a total return since inception of -2.30%, with a cumulative net value of 0.9770 yuan as of August 18, 2025 [1]. - **CICC CSI A500 Index A/C**: Launched on March 19, 2025, with returns of 11.82% and 11.70% for A and C shares respectively since inception, and cumulative net values of 1.1182 yuan and 1.1170 yuan as of August 18, 2025 [1]. Fund Manager Appointment Details - Liu Xianzheng has been appointed as a new fund manager for the CICC CSI 500 ETF, CICC ChiNext ETF, and CICC CSI A500 Index, joining existing managers Zhang Yimin and Ji Wei [3][4].

证券之星消息，2025年8月19日，中银证券创业板ETF（159821）发布公告，增聘刘先政为基金经理， 任职日期自2025年8月19日起，变更后中银证券创业板ETF（159821）的基金经理为张艺敏,计伟,刘先 政。截止2025年8月18日，中银证券创业板ETF净值为0.9770，较上一日上涨2.8%，近一年上涨 64.87%。 刘先政先生：北京大学软件工程硕士。2014年6月至2017年11月期间，先后担任中诚信托有限责任公司 信托经理、太平人寿保险有限公司研究员、太平基金管理有限公司资深研究员、百年保险资产管理有限 责任公司高级投资经理。2017年11月加入诺德基金管理有限公司，担任基金经理助理职务，具有基金从 业资格。现任诺德增强收益债券型证券投资基金。曾任诺德新旺灵活配置混合型证券投资基金基金经 理。2019年6月10日至2021年4月2日担任新诺德新享灵活配置混合型证券投资基金基金经理。2021年9月 1日至2022年11月23日担任中银证券安泰债券型证券投资基金基金经理。2022年12月21日起担任中银证 券成长领航混合型证券投资基金基金经理。曾任中银证券内需增长混合型证券投资基金基金经理。 | ...

Core Viewpoint - The report provides an overview of the BOCI ChiNext ETF's performance and management strategies during the second quarter of 2025, highlighting its investment objectives, strategies, and financial metrics. Fund Product Overview - Fund Name: BOCI ChiNext ETF - Fund Code: 159821 - Total Fund Shares at Period End: 28,220,000 shares - Investment Objective: Aim to closely track the performance of the benchmark index with a daily tracking deviation absolute value controlled within 0.2% and an annualized tracking error within 2% [2][7]. - Investment Strategy: Utilizes a full replication strategy, alternative strategies, stock index futures, bond investments, and asset-backed securities to achieve stable long-term returns [2][7]. - Performance Benchmark: ChiNext Index return rate [2]. Financial Metrics and Fund Performance - Net Asset Value at Period End: 0.8094 RMB per share - Fund Net Value Growth Rate: 3.20% - Benchmark Performance Rate: 2.34% - Significant Contributions to Index Growth: Telecommunications, Electronics, and National Defense Industries; Negative Contributions: Media, Computer, and Machinery Industries [6][7]. Management Report - The fund manager adheres to legal regulations and fund contracts, ensuring fair treatment of different investment portfolios and protecting investor rights [5][6]. - No abnormal trading or conflicts of interest were reported during the period [6]. - The fund's investment strategy remains focused on index-based investments, with a commitment to minimizing tracking errors [7]. Asset Composition - Total Assets: 22,656,022.18 RMB - Stock Investments: 99.17% of total assets - Bond Investments: 0.01% of total assets [9][10]. Share Changes - Initial Fund Shares: 34,720,000 shares - Total Shares Redeemed During Period: 6,500,000 shares - Final Fund Shares: 28,220,000 shares [12].

Summary of Key Points Core Viewpoint - The trading volume of the ChiNext Index ETFs reached 3.795 billion yuan today, showing a significant increase of 2.086 billion yuan compared to the previous trading day, with a growth rate of 122.05% [1] Trading Volume and Performance - The E Fund ChiNext ETF (159915) had a trading volume of 3.152 billion yuan, up 1.703 billion yuan from the previous day, reflecting a growth rate of 117.51% [1] - The GF ChiNext ETF (159952) recorded a trading volume of 404 million yuan, an increase of 305 million yuan, with a remarkable growth rate of 309.00% [1] - The Tianhong ChiNext ETF (159977) saw a trading volume of 58.5342 million yuan, up 25.8799 million yuan, representing a growth rate of 79.25% [1] - Other ETFs such as the Jianxin ChiNext ETF (159956) and the Rongtong ChiNext ETF (159808) experienced substantial increases in trading volume, with growth rates of 1354.08% and 840.26% respectively [1] Market Performance - The ChiNext Index (399006) rose by 1.73% by the end of the trading day, while the average increase for related ETFs tracking the ChiNext Index was 1.52% [1] - The top-performing ETFs included the GF ChiNext ETF (159952) and the Bosera ChiNext ETF (159908), which increased by 1.96% and 1.71% respectively [1]

Core Insights - The total trading volume of the ChiNext Index ETFs reached 3.697 billion yuan today, an increase of 1.721 billion yuan from the previous trading day, representing a growth rate of 87.06% [1] Trading Volume Summary - E Fund ChiNext ETF (159915) had a trading volume of 3.150 billion yuan, up 1.520 billion yuan from the previous day, with a growth rate of 93.29% [1] - GF ChiNext ETF (159952) recorded a trading volume of 260 million yuan, an increase of 74.83 million yuan, with a growth rate of 40.38% [1] - Tianhong ChiNext ETF (159977) saw a trading volume of 90.251 million yuan, up 70.278 million yuan, with a growth rate of 351.84% [1] - Notably, Bank of China Securities ChiNext ETF (159821) and Tianhong ChiNext ETF (159977) had significant increases in trading volume, with growth rates of 502.97% and 351.84% respectively [1] Market Performance - As of market close, the ChiNext Index (399006) rose by 2.63%, while the average increase for related ETFs tracking the ChiNext Index was 2.59% [1] - The top-performing ETFs included Industrial Bank ChiNext ETF (159958) and Jianxin ChiNext ETF (159956), which increased by 2.81% and 2.77% respectively [1]

Core Viewpoint - The trading volume of the ChiNext Index ETFs reached 2.381 billion yuan today, showing a significant increase of 855 million yuan or 55.80% compared to the previous trading day [1] Trading Volume Summary - E Fund ChiNext ETF (159915) had a trading volume of 2.045 billion yuan, up 751 million yuan or 58.04% from the previous day [1] - Fortune ChiNext ETF (159971) saw a trading volume of 135 million yuan, increasing by 123 million yuan or 1044.31% [1] - Southern ChiNext ETF (159948) recorded a trading volume of 41.52 million yuan, up 7.08 million yuan or 20.57% [1] - Other notable increases include Bank of China Securities ChiNext ETF (159821) with a trading volume increase of 343.55% [1] Market Performance Summary - The ChiNext Index (399006) rose by 0.83% by the end of the trading day, while related ETFs averaged an increase of 0.85% [1] - The top performers among ETFs included Bank of China Securities ChiNext ETF (159821) and Fortune ChiNext ETF (159971), which increased by 1.11% and 1.05% respectively [1]