Group 1 - The core viewpoint is that the domestic computing power industry chain is on the verge of significant growth, driven by recent developments in the sector, including Alibaba's unexpected capital expenditure and the announcement of the open CPU interconnect bus protocol by Haiguang [1][2] - The CSI Information Technology Application Innovation Industry Index has seen a strong increase of 1.92%, with notable gains from constituent stocks such as Haiguang Information, which rose by 10.32%, and Zhongke Shuguang, which increased by 10.00% [1] - The Xinchang ETF (562570) has experienced a year-to-date share growth of 263 million shares, indicating substantial investor interest and liquidity in the market [1] Group 2 - The Xinchang ETF (562570) tracks the CSI Information Technology Application Innovation Industry Index, focusing on leading companies in autonomous and controllable sectors, including artificial intelligence, data computing, industrial software, and information security [2] - Haiguang's recent announcement at the "Haiguang System Interconnect Bus Protocol Open Ecological Seminar" aims to collaborate with industry partners across the entire stack, enhancing the efficiency and interoperability of the computing ecosystem [1][2]

Group 1 - The core viewpoint highlights a significant increase in the performance of the Zhongzheng Information Technology Application Innovation Industry Index, with a rise of 2.01% as of September 11, 2025, driven by strong performances from constituent stocks such as Haiguang Information and Gelun Electronics [1] - The Xinchuang ETF has seen a notable increase in trading volume and liquidity, with a turnover of 3.27% and a transaction value of 19.31 million yuan, alongside a substantial growth in scale and shares over the past six months [1] - Oracle's recent earnings call revealed a dramatic surge in its remaining performance obligations (RPO) to 455 billion dollars, a year-on-year increase of 359%, primarily due to large-scale cloud contracts with leading AI companies [1] Group 2 - The medium to long-term outlook indicates a growing supply-demand gap in computing power infrastructure, driven by the explosion of AI model demand and the intelligent transformation across various industries [2] - AI Infrastructure (AIInfra) is positioned as a crucial link between computing hardware and AI applications, benefiting from hardware upgrades and technological breakthroughs, creating multi-layered investment opportunities [2] - The Xinchuang ETF tracks the Zhongzheng Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [2]

Group 1 - The China Securities Information Technology Application Innovation Industry Index has risen by 1.55%, with notable increases in component stocks such as GeLun Electronics up 7.03% and HaiGuang Information up 6.44% [1] - The XinChuang ETF (562570) has seen a price increase of 1.16%, with a latest price of 1.39 yuan, and a trading volume of 29.3955 million yuan [1] - The XinChuang ETF has experienced significant growth in scale, increasing by 76.173 million yuan over the past six months, and its shares have grown by 89 million shares during the same period [1] Group 2 - GuoXin Securities highlights the acceleration of global AI investments in the CSP arms race, benefiting the computing power infrastructure [2] - The XinChuang ETF (562570) tracks the China Securities Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [2] - The three major telecom operators are considered important assets for dividend allocation, with stable operations and increasing dividend payout ratios [2]

Group 1 - The Zhongzheng Information Technology Application Innovation Industry Index has decreased by 2.86% as of August 8, with major stocks like Foxit Software and Yonyou Network leading the decline [1] - The Xinchang ETF (562570) has seen a trading price of 1.32 yuan, with a recent weekly increase of 1.42%, outperforming comparable funds [1] - The trading activity for Xinchang ETF (562570) is robust, with a turnover rate of 14.45% and a transaction volume of 91.31 million yuan on August 7 [1] Group 2 - Several banks have recently issued tenders for data platform construction and Xinchang transformation projects, including Shanghai Pudong Development Bank and Zhejiang Commercial Bank [2] - North American tech giants are expected to increase capital expenditures, with Meta and Microsoft planning to invest hundreds of billions in AI computing centers, which will drive demand in the computing industry chain [2] - China has developed 1,509 large models, leading globally, which is expected to enhance demand in related industry chains [2] Group 3 - The Xinchang ETF (562570) tracks the Zhongzheng Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [3]

公开信息显示，信创ETF（562570）跟踪中证信息技术应用创新产业指数。该指数聚焦自主可控头部公 司，覆盖人工智能、数据算力、工业软件、信息安全等前沿科创产业。信创ETF（562570）为跟踪该指 数规模最大的ETF。 消息面上，OpenAI推出了一款名为GPT-5的新型人工智能模型，该模型在编码、创意写作以及复杂查询 推理方面具备更强的能力。OpenAI首席执行官萨姆·奥尔特曼（Sam Altman）称，GPT-5是该公司此前 人工智能模型的"重大升级"，并表示"与它交流，真的就像在和任何领域的专家对话"。GPT-5将面向所 有免费用户及众多付费ChatGPT订阅用户开放，付费用户拥有更高的使用限额，该模型尤其有助于计算 机编程。 东吴证券认为，先进封装是国产算力发展之基，有望乘国产算力之东风。GPU、CPU超算和基站的封装 中需要用到CoWoS技术；而HBM或者3DNAND则需要用到热压键合或混合键合技术，先进封装是国产 算力发展之基。而在产能相对掣肘的背景下，国产先进封装供给的重要性日益提升。海外算力已经迎来 了Token数消耗的快速增长，在AI应用爆发的当下，国产算力也将复刻这一路径，则作为基石的先 ...

Core Viewpoint - The news highlights the performance of the Zhongzheng Information Technology Application Innovation Industry Index and the developments in the AI computing power sector, indicating a mixed performance among constituent stocks and a positive outlook for the AI infrastructure investment driven by tax incentives and market demand [1][2]. Group 1: Index Performance - As of August 1, 2025, the Zhongzheng Information Technology Application Innovation Industry Index decreased by 0.95% [1]. - Among constituent stocks, Pingao Co. led with a rise of 5.17%, while 360 Security Technology Co. experienced the largest decline at 3.72% [1]. - The Xinchuang ETF (562570) fell by 1.12%, with a latest price of 1.32 yuan, but saw a weekly increase of 2.37% as of July 31, 2025 [1]. Group 2: ETF Performance and Liquidity - The Xinchuang ETF (562570) had a turnover rate of 6.74% during the trading session, with a transaction volume of 42.8759 million yuan [1]. - Over the past week, the average daily transaction volume for the Xinchuang ETF was 64.1258 million yuan, outperforming similar funds [1]. - The Xinchuang ETF's scale increased by 5.87 billion yuan over the past year, with a significant increase of 14 million shares in the last three months [1]. Group 3: Industry Developments - On August 1, 2025, the Shanghai Municipal Communications Administration announced the "Computing Power Pujiang" initiative aimed at high-quality development of computing power infrastructure [1]. - The initiative includes plans to optimize the layout of computing power centers, with a target of establishing at least five large-scale computing centers by the end of 2025, aiming for a total computing power scale of over 100 EFLOPS (FP16) [1]. - The initiative also emphasizes the importance of collaboration with local power planning and the enhancement of advanced storage capacity in computing centers, targeting a 30% share by the end of 2025 [1]. Group 4: Market Outlook - CITIC Securities anticipates that the AI infrastructure investment will benefit from tax incentives, leading to potential increases in capital expenditure guidance for the year [2]. - The AI computing power industry chain is expected to maintain a favorable trend due to easing tariff disruptions, rapid growth in cloud business revenue, and the monetization of AI applications [2]. - The Xinchuang ETF (562570) tracks the Zhongzheng Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [2].

Group 1 - The core viewpoint of the news highlights the strong performance of the China Securities Information Technology Application Innovation Industry Index, with significant gains in constituent stocks such as Yonyou Network, Aisino, and Sangfor Technologies [1][2] - The Xinchuang ETF (562570) has seen a recent increase of 1.36%, with a latest price of 1.34 yuan, and a cumulative increase of 2.24% over the past week [1][2] - The trading activity of the Xinchuang ETF is robust, with a turnover rate of 17.93% and a transaction volume of 119 million yuan, indicating active market participation [1][2] Group 2 - Since the launch of Xinchuang, over 160 related policies have been issued by various government levels to encourage enterprises to invest in Xinchuang development [2] - The Xinchuang industry is transitioning from being policy-driven to a dual-driven model of policy and market, with significant growth expected in market scale, projected to reach over 2.6 trillion yuan by 2026 [2] - The Xinchuang ETF (562570) tracks the China Securities Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [2]

截至2025年7月31日 14点21分，中证信息技术应用创新产业指数强势上涨1.74%，成分股用友网络上涨 10.03%，三六零上涨7.05%，深信服上涨6.94%，亚信安全（688225），泛微网络等个股跟涨。信创 ETF（562570）上涨1.59%，最新价报1.34元。拉长时间看，截至2025年7月30日，信创ETF（562570） 近1周累计上涨2.24%。流动性方面，信创ETF盘中换手15.81%，成交1.05亿元，市场交投活跃。规模方 面，信创ETF（562570）近3月规模增长2.29亿元，实现显著增长，份额方面，信创ETF（562570）近3 月份额增长1.59亿份，实现显著增长。 甬兴证券认为，随着AI发展进入深水区以及国内对AI产业的高度重视，AI相关产业链需求有望持续增 加，带动相关产业链不断发展，如算力、PCB、铜缆、光模块等，景气度持续提升，看好相关投资机 会。息技术应用创新产业指数。该指数聚焦自主可控头部公司，覆盖人工智能、数据算力、工业软件、 信息安全等前沿科创产业。信创ETF（562570）为跟踪该指数规模最大的ETF。 消息面上，近期，全球知名的大模型API三方聚合平台Ope ...

截至2025年7月31日 13点16分，中证信息技术应用创新产业指数强势上涨2.79%，成分股用友网络 上涨10.03%，三六零上涨9.40%，深信服上涨8.64%，福昕软件，泛微网络等个股跟涨。信创ETF （562570）上涨2.73%，最新价报1.36元。 消息面上，赛迪顾问最新报告显示，2025年中国AI产业规模将达3985亿元，到2030年将突破万亿 元大关。这种增长正在重塑全球供应链格局：仕佳光子的800G光模块已占据全球23%市场份额；华勤 技术AI PC出货量全球占比达17%；工业富联AI服务器全球市占率突破15%，直追超微电脑。 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 兴业证券认为，当前，计算机行业持仓处于低位。一方面，在需求及创新的驱动下，板块的景气度 有望持续改善；另一方面，随着半年报预告的披露落地，海外市场的不断上行，以及政策红利的释放， 市场风险偏好 ...

Group 1 - The China Industrial and Information Technology Ministry has deployed key tasks for the second half of the year, emphasizing the promotion of "AI + manufacturing" actions and strengthening foundational research and key application scenarios [2] - Several state-owned enterprises have initiated actions in line with the ministry's directives, including the establishment of the AI + New Industrialization Innovation Research Institute by China Mobile and the launch of an integrated AI service platform by China Telecom [2] - The national-level AI platform "Huanxin Community" was introduced to promote the maturity of domestic AI technologies and industry ecosystems, aggregating data sets from 13 industries and opening up 40 high-value strategic AI scenarios from 16 state-owned enterprises [2] Group 2 - The Xinchuang ETF (562570) has seen a strong increase of 1.65% as of July 31, with constituent stocks such as Yonyou Network rising by 10.03% and 360 by 6.20% [1] - The Xinchuang ETF (562570) has experienced significant growth in scale, with an increase of 229 million yuan and a rise of 15.9 million shares over the past three months [1][3] - The Xinchuang ETF (562570) tracks the CSI Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [3]