Group 1 - The core viewpoint emphasizes the investment value of the CSI 500 Index, which is highlighted by policy support for emerging industries and positive economic recovery expectations in China [1] - The CSI 500 Index covers listed companies with market capitalization in the 50%-65% range, representing the backbone of the market with stability and growth potential [1] - The index has a balanced industry distribution, focusing on "specialized, refined, and innovative" sectors, with approximately 43% weight in emerging industries such as power equipment, machinery manufacturing, aerospace, semiconductors, electronics, computers, and pharmaceuticals [1] Group 2 - The Huashang CSI 500 Index Enhanced Fund employs a quantitative stock selection strategy developed by Huashang Fund's quantitative investment department, combining big data mining and quantitative models [2] - The fund aims to capture both beta and alpha returns while closely tracking the CSI 500 Index [2] Group 3 - The fund is managed by Dr. Deng Mo and Dr. Hai Yang, both of whom have extensive experience in quantitative investment and research [4][6] - Dr. Deng Mo has over 13 years of experience in investment research and focuses on balanced allocation using quantitative models [4] - Dr. Hai Yang specializes in systematic risk and return monitoring across different sectors, aiming for optimal risk-reward configurations [7] Group 4 - Huashang Fund is recognized as a "defender of active management" in the industry, with strong investment capabilities reflected in its performance rankings [7] - The Huashang CSI 500 Index Enhanced Fund represents a continuous innovation and deepening layout in the index enhancement product field, combining strong research capabilities with a quality broad-based and active enhancement strategy [7]

Group 1 - The core viewpoint emphasizes the investment value of the CSI 500 Index under the backdrop of policy support for emerging industries and positive economic recovery expectations in China [1] - The CSI 500 Index covers listed companies with market capitalization in the 50%-65% range, representing the backbone of the market with stability and growth potential [1] - The index has a balanced industry distribution, focusing on "specialized, refined, and innovative" sectors, with emerging industries like power equipment, machinery manufacturing, aerospace, semiconductors, electronics, computers, and pharmaceuticals accounting for approximately 43% of the weight [1] Group 2 - The Huashang CSI 500 Index Enhanced Fund employs a quantitative stock selection strategy developed by Huashang Fund's quantitative investment department, combining big data mining and quantitative models [2] - The fund aims to capture both beta and alpha returns while closely tracking the CSI 500 Index [2] - The fund is managed by experienced professionals, including Dr. Deng Mo and Dr. Hai Yang, who have extensive backgrounds in quantitative investment and securities research [5][8] Group 3 - The fund's fundraising period is from May 19, 2025, to June 13, 2025, with a maximum fundraising limit of 8 billion yuan [9] - Huashang Fund is recognized for its strong active management capabilities, ranking among the top ten in absolute return performance for its active equity funds over the medium to long term [5]

Group 1: Index Investment Growth - The appeal of index investment has been increasingly recognized by investors over the past three years, leading to rapid growth in index fund sizes, particularly in enhanced strategy index funds, which have seen a hot layout from investors [1] - As of this year, 57 enhanced strategy index funds have been issued or are in the process of being issued, with a total scale exceeding 29 billion yuan [1] Group 2: Zhongzheng 500 Index Characteristics - The Zhongzheng 500 Index has become one of the most representative mid-cap growth broad-based indices in the A-share market, consisting of 500 stocks that exclude the top 300 by market capitalization [2] - This index focuses on growth blue chips and industry leaders that align with industrial policy, showcasing both growth and value attributes, indicating potential long-term investment value [2] - The sample companies in the Zhongzheng 500 Index primarily have market capitalizations between 10 billion and 50 billion yuan, with an average market cap of approximately 25.7 billion yuan and a median of about 23.7 billion yuan [2] Group 3: Industry Distribution and Performance - The Zhongzheng 500 Index covers 11 primary and 33 secondary industries, with the largest secondary industry weight at around 8%, indicating a balanced and low concentration industry distribution [3] - The index includes both traditional industries and high-growth sectors, capturing growth dividends from emerging industries, suggesting high growth potential and investment value in the medium to long term [3] - Historical performance shows that the Zhongzheng 500 Index has a cumulative return of 470.33% since its base date, with an annualized return of 9.19%, outperforming the Shanghai Composite Index and the CSI 300 Index [3] Group 4: Enhanced Strategy Funds - Enhanced strategy funds aim to achieve returns that exceed the benchmark index while tracking it, utilizing subjective or quantitative adjustments to the investment portfolio [4] - Research indicates that Zhongzheng 500 enhanced strategy funds have achieved positive excess returns over their benchmarks, particularly notable in the long term, with median returns of 4.86%, 6.80%, and 24.65% over the past year, three years, and five years, respectively [4] - The management of enhanced strategy funds requires a high level of skill in stock selection and market timing, likened to piloting an aircraft with the flexibility to adjust within certain limits [5] Group 5: Fund Management Team - The Huashang Zhongzheng 500 Enhanced Index Fund is managed by a team of experienced quantitative investment professionals, including Dr. Deng Mo and Dr. Hai Yang, who bring extensive backgrounds in quantitative analysis and investment research [7][10] - Dr. Deng Mo has over 13 years of experience in investment research and management, focusing on a balanced investment style that combines quantitative models with active management [7] - Dr. Hai Yang specializes in integrating fundamental research with quantitative thinking, emphasizing systematic risk and return monitoring across different sectors [10] Group 6: Market Environment - The A-share market has seen increased trading activity since the "924" market rally, supported by policy boosts and improved investor sentiment, creating a favorable environment for enhanced strategy indices [10]