Group 1 - The core viewpoint of the news is the performance and financial metrics of Huasheng Lithium Battery, which saw a stock price increase of 5.81% to 41.69 CNY per share, with a total market capitalization of 6.65 billion CNY [1] - Huasheng Lithium Battery specializes in the research, production, and sales of lithium battery electrolyte additives, with its main business revenue composition being 67.54% from VC, 27.01% from FEC, and 5.44% from other sources [1] - The company is located in Jiangsu, China, and was established on August 4, 1997, with its listing date on July 13, 2022 [1] Group 2 - Huasheng Lithium Battery is among the top holdings of Huazhang Fund, specifically the Huazhang Low Carbon Life Mixed A fund, which entered the top ten circulating shareholders in the second quarter with 573,100 shares, accounting for 0.92% of circulating shares [2] - The Huazhang Low Carbon Life Mixed A fund has achieved a year-to-date return of 44.33% and a one-year return of 84.78%, ranking 1410 out of 8244 and 696 out of 8080 respectively [2] - The fund manager, Xiong Zheying, has been in position for 4 years and 210 days, with the fund's total asset size at 1.11 billion CNY [3] Group 3 - Another fund, Huazhang New Energy Theme Mixed A, also holds Huasheng Lithium Battery as a significant investment, with 87,800 shares representing 3.26% of the fund's net value [4] - This fund has recorded a year-to-date return of 49.58% and a one-year return of 70.8%, ranking 1063 out of 8244 and 1162 out of 8080 respectively [4] - The fund manager, Xiong Zheying, has the same tenure and asset size as mentioned previously [5]

Group 1 - The core point of the article highlights the recent decline in the stock price of Huasheng Lithium Battery, which fell by 5.03% to 43.02 CNY per share, with a trading volume of 156 million CNY and a turnover rate of 2.99%, resulting in a total market capitalization of 6.862 billion CNY [1] - Huasheng Lithium Battery, established on August 4, 1997, is located in Jiangsu and specializes in the research, production, and sales of lithium battery electrolyte additives, with its main business revenue composition being 67.54% from VC, 27.01% from FEC, and 5.44% from other sources [1] Group 2 - Huasheng Lithium Battery is among the top ten circulating shareholders of Huasheng Lithium Battery, with Huasheng Low Carbon Life Mixed A (006122) entering the top ten in the second quarter, holding 573,100 shares, accounting for 0.92% of circulating shares, resulting in an estimated floating loss of approximately 1.3067 million CNY [2] - The fund manager of Huasheng Low Carbon Life Mixed A is Xiong Zheying, who has a total fund asset scale of 1.113 billion CNY, with the best fund return during his tenure being 36.31% and the worst being -3.67% [3][5] Group 3 - Huasheng New Energy Theme Mixed A (014541) also holds a significant position in Huasheng Lithium Battery, with 87,800 shares, representing 3.26% of the fund's net value, leading to an estimated floating loss of about 200,300 CNY [4] - The fund manager of Huasheng New Energy Theme Mixed A is also Xiong Zheying, with a total fund asset scale of 1.113 billion CNY, and the fund has experienced a year-to-date return of 44.13% [4][5]

Core Insights - The best-performing fund managed by manager Xiong Zheying in Q2 2025 is the Huaan Advanced Manufacturing Mixed Initiation A (020428), with a quarterly net value increase of 10.92% [1] Fund Performance Summary - Huaan Low Carbon Life Mixed A: - Scale: 10.17 billion - Annualized Return: 16.40% - Q2 2025 Increase: -0.47% - Top Holding: Kuaishou-W - White Net Value Ratio: 4.58% [2] - Huaan Low Carbon Life Mixed C: - Scale: 4.66 billion - Annualized Return: 9.72% - Q2 2025 Increase: -0.62% - Top Holding: Kuaishou-W - White Net Value Ratio: 4.58% [2] - Huaan New Energy Theme Mixed A: - Scale: 0.70 billion - Annualized Return: -8.15% - Q2 2025 Increase: 8.05% - Top Holding: CATL - White Net Value Ratio: 5.95% [2] - Huaan Advanced Manufacturing Mixed Initiation A: - Scale: 0.19 billion - Annualized Return: 17.38% - Q2 2025 Increase: 10.92% - Top Holding: Jinqiao Information - White Net Value Ratio: 7.08% [2] - Huaan New Energy Theme Mixed C: - Scale: 0.07 billion - Annualized Return: -8.71% - Q2 2025 Increase: 7.88% - Top Holding: CATL - White Net Value Ratio: 5.95% [2] - Huaan Advanced Manufacturing Mixed Initiation C: - Scale: 0.04 billion - Annualized Return: 16.94% - Q2 2025 Increase: 10.81% - Top Holding: Jinqiao Information - White Net Value Ratio: 7.08% [2] Stock Adjustment Cases - Notable stock adjustments include: - Jinhua Technology: - Buy Quarter: Q2 2021 - Sell Quarter: Q3 2021 - Company Performance Growth: 58.92% - Estimated Return: 105.28% [3][5] - Defang Nano: - Buy Quarter: Q3 2021 - Sell Quarter: Q3 2022 - Company Performance Growth: 355.30% - Estimated Return: 90.65% [3][6] - Zhongxin International: - Buy Quarter: Q3 2024 - Sell Quarter: Q4 2024 - Company Performance Growth: 27.72% - Estimated Return: 88.67% [3] - Tongwei Co.: - Buy Quarter: Q2 2021 - Sell Quarter: Q3 2022 - Company Performance Growth: 217.34% - Estimated Return: 52.80% [3] - Suotong Development: - Buy Quarter: Q2 2022 - Sell Quarter: Q3 2022 - Company Performance Growth: 105.12% - Estimated Return: 44.90% [3] - Sunshine Power: - Buy Quarter: Q2 2022 - Sell Quarter: Q3 2022 - Company Performance Growth: 127.04% - Estimated Return: 43.74% [3] Underperforming Stock Adjustments - Notable underperforming stock adjustments include: - Wentai Technology: - Buy Quarter: Q4 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 10.15% - Estimated Return: -43.56% [4][7] - Xinlang Micro: - Buy Quarter: Q3 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 158.77% - Estimated Return: -40.91% [4] - Beijing Junzheng: - Buy Quarter: Q3 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 2.61% - Estimated Return: -39.11% [4] - Wanye Enterprise: - Buy Quarter: Q4 2021 - Sell Quarter: Q3 2022 - Company Performance Growth: 31.56% - Estimated Return: -28.27% [4] - Changchuan Technology: - Buy Quarter: Q4 2021 - Sell Quarter: Q2 2022 - Company Performance Growth: 111.32% - Estimated Return: -27.37% [4]

Group 1 - The core viewpoint of the article highlights the performance and strategic positioning of the Huaan New Energy Theme Mixed A Fund, which reported a profit of 5.44 million yuan in Q2 2025, with a net asset value growth rate of 8.05% [2] - As of July 18, 2025, the fund's unit net value was 0.763 yuan, and it had a total scale of 73.81 million yuan [2][14] - The fund manager anticipates a turning point in the supply side of the new energy industry by the end of 2024, with improvements in capacity utilization and pricing for batteries and wind power starting in 2025 [2] Group 2 - The fund's recent performance metrics include a 20.21% growth rate over the past three months, ranking 71 out of 615 comparable funds, and a 28.91% growth rate over the past year, ranking 143 out of 584 [3] - The fund's three-year Sharpe ratio is -0.1203, ranking 208 out of 319 comparable funds, indicating a relatively poor risk-adjusted return [8] - The maximum drawdown over the past three years was 50.01%, with the largest single-quarter drawdown occurring in Q1 2024 at 23.65% [10] Group 3 - The fund maintained an average stock position of 84.93% over the past three years, slightly above the industry average of 83.26% [13] - The top ten holdings of the fund as of Q2 2025 include major companies such as CATL, Leap Motor, and Ganfeng Lithium, indicating a strong focus on key players in the new energy sector [17]