Group 1 - The core viewpoint of the news is that Xianhui Technology has seen a significant increase in stock price, with a rise of 5.08% to 76.60 CNY per share, and a total market capitalization of 9.612 billion CNY [1] - Xianhui Technology specializes in the research, production, and sales of various intelligent manufacturing equipment, with its main business revenue composition being 63.35% from precision structural components for new energy power batteries, 34.90% from intelligent automation equipment for new energy vehicles, and 1.02% from other sources [1] - The company is located in Songjiang District, Shanghai, and was established on March 28, 2007, with its listing date on August 11, 2020 [1] Group 2 - Huafu Fund has a significant holding in Xianhui Technology, with its Huafu New Energy Stock Fund A (012445) holding 289,900 shares, accounting for 2.79% of the fund's net value, making it the ninth largest holding [2] - The Huafu New Energy Stock Fund A has achieved a return of 54.48% year-to-date, ranking 394 out of 4220 in its category, and a one-year return of 68.57%, ranking 952 out of 3835 [2] - The fund manager, Shen Cheng, has been in position for 3 years and 276 days, with the fund's total asset size at 1.661 billion CNY and a best return of 68.31% during his tenure [3]

AI基金华富新能源股票型发起式A（012445）披露2025年半年报，上半年基金利润2509.92万元，加权平均基金份额本期利润0.0642元。报告期内，基金净值 增长率为9.16%，截至上半年末，基金规模为2.52亿元。 该基金属于标准股票型基金，长期投资于先进制造股票。截至9月5日，单位净值为0.979元。基金经理是沈成，目前管理2只基金近一年均为正收益。其中， 截至9月5日，华富科技动能混合A近一年复权单位净值增长率最高，达152.51%；华富新能源股票型发起式A最低，为55.96%。 基金管理人在半年报中表示，2025 年上半年，本基金提升了风电、锂电新技术、智能驾驶、AIDC相关电力设备、可控核聚变的配置，降低了储能、光伏、 电网设备的配置。 截至9月5日，华富新能源股票型发起式A近三个月复权单位净值增长率为31.49%，位于同类可比基金12/44；近半年复权单位净值增长率为28.20%，位于同 类可比基金6/44；近一年复权单位净值增长率为55.96%，位于同类可比基金15/44；近三年复权单位净值增长率为3.72%，位于同类可比基金7/32。 从基金股票资产的估值角度来看，以最新中报数据计算，2 ...

Core Viewpoint - The AI Fund Huafu New Energy Stock Type Initiated A (012445) reported a profit of 9.7451 million yuan for Q2 2025, with a net asset value growth rate of 3.69% during the period [3][4]. Fund Performance - As of the end of Q2 2025, the fund's scale was 252 million yuan [15]. - The fund's unit net value was 0.793 yuan as of July 18 [3]. - The fund's one-year return was 22.27%, ranking 19 out of 44 comparable funds [4]. - The fund's three-month return was 15.88%, ranking 9 out of 44 comparable funds [4]. - The fund's six-month return was 13.06%, ranking 8 out of 44 comparable funds [4]. - The fund's three-year return was -25.00%, ranking 10 out of 31 comparable funds [4]. Investment Focus - The fund manager highlighted key areas of focus including advancements in the battery segment of the electric vehicle and smart technology supply chain, competitive advantages in the vehicle manufacturing segment, and the lithium battery materials segment showing signs of recovery [4]. - In the wind power sector, the easing of domestic offshore wind power restrictions is expected to enhance future demand, with domestic manufacturers gaining global competitiveness [4]. - In the photovoltaic sector, there is a consensus on strengthening industry self-discipline to prevent harmful competition, with a focus on technological advancements in high-efficiency batteries [4]. Risk and Return Metrics - The fund's three-year Sharpe ratio was -0.0967, ranking 11 out of 31 comparable funds [9]. - The maximum drawdown over the past three years was 48.66%, ranking 22 out of 31 comparable funds, with the largest single-quarter drawdown occurring in Q1 2024 at 23.68% [11]. - The average stock position over the past three years was 86.08%, slightly below the comparable average of 87.53% [14]. Top Holdings - As of the end of Q2 2025, the fund's top ten holdings included Ningde Times, Dongfang Cable, Huayou Cobalt, Xiamen Tungsten, Daikin Heavy Industries, Li Auto-W, Deyang Co., Haili Wind Power, Xianhui Technology, and Jinjiang Online [18].