Core Viewpoint - Huazhong Fund has appointed Guo Liyan as the new fund manager for Huazhong Fengyu Bond (016794), effective October 25, 2025, alongside Zheng Weishan [1] Group 1: Fund Performance - As of October 24, 2025, the net value of Huazhong Fengyu Bond is 1.0443, reflecting a daily increase of 0.18% and a yearly increase of 2.28% [1] Group 2: Manager Background - Guo Liyan holds a master's degree and has previously worked as a fixed income researcher and investment manager at Rongtong Fund Management Co., Ltd. She joined Huazhong Fund in April 2022 and has been managing several funds since then [1] - Guo Liyan has been the fund manager for Huazhong Qianyu Bond Fund since November 30, 2022, and has also managed multiple other funds since April 23, 2025 [1] Group 3: Fund Management Details - The following are the public funds managed by Guo Liyan, including their codes, names, sizes, management periods, and returns: - Huazhong Anyi Flexible Allocation Mixed A (001905), size: 0.28 billion, return: 2.25% [1] - Huazhong Anyi Flexible Allocation Mixed C (012659), size: 0.97 billion, return: 2.19% [1] - Huazhong Zhaoyu One-Year Holding Mixed A (016863), size: 0.93 billion, return: 4.18% [1] - Huazhong Zhaoyu One-Year Holding Mixed C (016864), size: 0.92 billion, return: 3.98% [1] - Huazhong Zhurun Bond A (018640), size: 0.34 billion, return: 4.07% [1] - Huazhong Zhurun Bond C (018641), size: 0.16 billion, return: 3.86% [1] - Huazhong Anyi Flexible Allocation Mixed E (022625), size: 0.09 billion, return: 2.04% [1]

Core Viewpoint - Zhongtian Technology has experienced a continuous increase in stock price, reflecting positive market sentiment and potential investment opportunities [1][2]. Group 1: Company Overview - Zhongtian Technology Co., Ltd. is located in Nantong City, Jiangsu Province, and was established on February 9, 1996, with its listing date on October 24, 2002 [1]. - The company operates in various sectors, including communication, electricity, marine, new energy, new materials, and non-ferrous metal trading [1]. - The revenue composition of Zhongtian Technology is as follows: 41.17% from grid construction, 17.44% from copper products, 16.84% from optical communication and networks, 14.57% from new energy, 7.58% from marine series, and 1.39% from other sources [1]. Group 2: Stock Performance - As of September 26, Zhongtian Technology's stock price was 18.26 CNY per share, with a trading volume of 3.264 billion CNY and a turnover rate of 5.17%, resulting in a total market capitalization of 62.32 billion CNY [1]. - The stock has risen for five consecutive days, with a cumulative increase of 9.08% during this period [1]. Group 3: Fund Holdings - Huazhong Fund has a significant position in Zhongtian Technology, with its fund "Huazhong Zhaoyu One-Year Holding Mixed A" (016863) increasing its holdings by 4,200 shares in the second quarter, totaling 40,900 shares, which represents 0.32% of the fund's net value [2]. - The fund has generated a floating profit of approximately 2,454 CNY today and 62,200 CNY during the five-day increase [2]. - The fund was established on March 28, 2023, with a current scale of 93.05 million CNY and has achieved a year-to-date return of 5.75% [2].