Core Insights - On October 21, Chip Origin Co., Ltd. saw a stock price increase of 5.06%, reaching 168.48 CNY per share, with a trading volume of 1.657 billion CNY and a turnover rate of 2.02%, resulting in a total market capitalization of 88.572 billion CNY [1] Company Overview - Chip Origin Microelectronics (Shanghai) Co., Ltd. was established on August 21, 2001, and went public on August 18, 2020. The company is located in the China (Shanghai) Pilot Free Trade Zone [1] - The company's main business involves providing platform-based, comprehensive, and one-stop chip customization services and semiconductor IP licensing services, relying on its proprietary semiconductor IP [1] Revenue Composition - The revenue breakdown of the company's main business is as follows: - Chip volume business revenue: 41.85% - Intellectual property licensing fee revenue: 28.81% - Chip design business revenue: 23.83% - Franchise fee revenue: 5.21% - Other (supplementary): 0.29% [1] Fund Holdings - From the perspective of major fund holdings, Huatai Baoxing Fund has one fund heavily invested in Chip Origin Co., Ltd. The Huatai Baoxing Industrial Upgrade Mixed Initiation A (021792) held 7,000 shares in the second quarter, unchanged from the previous period, accounting for 6.02% of the fund's net value, making it the third-largest holding [2] - The fund was established on September 24, 2024, with a latest scale of 10.7543 million CNY. Year-to-date returns are 49.32%, ranking 677 out of 8162 in its category; the one-year return is 48.03%, ranking 758 out of 8024; and since inception, the return is 48.2% [2] - The fund manager, Shang Shuo Hui, has a cumulative tenure of 8 years and 214 days, with total assets under management of 808 million CNY. The best fund return during his tenure is 136.2%, while the worst is -38.16% [2]

Core Insights - The article provides a ranking of open-end funds based on their net asset value growth as of September 12, 2025, highlighting the top and bottom performers in the market [2][3]. Fund Performance Summary - The top 10 funds with the highest net value growth include: 1. 东方阿尔法优势产业混合C with a unit net value of 2.0172, up from 1.9297, showing an increase of 0.08 2. 东方阿尔法优势产业混合A with a unit net value of 2.0702, up from 1.9805, also increasing by 0.08 3. 华泰保兴产业升级混合发起C with a unit net value of 1.3199, up from 1.2669, an increase of 0.05 4. 华泰保兴产业升级混合发起A with a unit net value of 1.3230, up from 1.2699, increasing by 0.05 5. 信澳匠心严选一年持有期混合C with a unit net value of 1.3685, up from 1.3190, an increase of 0.04 6. 信澳匠心严选一年持有期混合A with a unit net value of 1.3935, up from 1.3431, increasing by 0.05 7. 诺安研究优选混合C with a unit net value of 1.0673, up from 1.0289, an increase of 0.03 8. 诺安研究优选混合A with a unit net value of 1.0832, up from 1.0443, increasing by 0.03 9. 华夏优势精选股票 with a unit net value of 1.5073, up from 1.4534, an increase of 0.05 10. 德邦半导体产业混合发起式A with a unit net value of 1.7278, up from 1.6661, increasing by 0.06 [2]. - The bottom 10 funds with the lowest net value growth include: 1. 方正富邦致盛混合A with a unit net value of 1.3457, down from 1.3865, a decrease of 0.04 2. 方正富邦致盛混合C with a unit net value of 1.3266, down from 1.3668, also decreasing by 0.04 3. 华泰柏瑞质量成长混合A with a unit net value of 1.5802, down from 1.6275, a decrease of 0.04 4. 华泰柏瑞质量成长混合C with a unit net value of 1.5540, down from 1.6005, decreasing by 0.04 5. 中航机遇领航混合发起C with a unit net value of 3.0880, down from 3.1766, a decrease of 0.08 6. 中航机遇领航混合发起A with a unit net value of 3.1276, down from 3.2173, also decreasing by 0.08 7. 工银创业板两年定开混合A with a unit net value of 1.1204, down from 1.1518, a decrease of 0.03 8. 工银创业板两年定开混合C with a unit net value of 1.0813, down from 1.1115, decreasing by 0.03 9. 富国中证通信设备主题ETF发起式 with a unit net value of 2.2165, down from 2.2784, a decrease of 0.06 10. 富国中证通信设备主题ETF发起式 with a unit net value of 2.2213, down from 2.2833, also decreasing by 0.06 [5]. Market Analysis - The Shanghai Composite Index experienced a slight decline, while the ChiNext Index opened lower and adjusted slightly, with a trading volume of 2.54 trillion. The number of advancing stocks was 1926, while declining stocks numbered 3373 [7]. - The leading sectors included non-ferrous metals, which rose over 2%, and concepts such as storage chips and rare resources, also increasing by over 2%. Conversely, the comprehensive sector saw a decline of over 2% [7].