Core Viewpoint - The artificial intelligence sector is experiencing significant growth, supported by government policies and funding initiatives aimed at enhancing the AI ecosystem in China [3][4]. Group 1: Market Performance - As of August 28, 2025, the Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index (950180) rose by 1.38%, with notable increases in constituent stocks such as Zhongke Xingtou (688568) up 4.57% and Fudan Microelectronics (688385) up 4.39% [3]. - The Sci-Tech AI ETF (588790) increased by 1.10%, with a recent price of 0.83 yuan, and has seen a cumulative increase of 12.04% over the past week [3]. - The latest scale of the Sci-Tech AI ETF reached 77.34 billion yuan, marking a new high since its inception, ranking it first among comparable funds [4]. Group 2: Government Support and Policy - Multiple local governments, including Zhejiang, Tianjin, Guangxi, Henan, and Anhui, have introduced policies to support the development of the AI industry, establishing AI industry funds and increasing financing support [3]. - On August 26, 2025, the State Council released an opinion document to deepen the implementation of the "AI+" initiative, marking a strategic direction for national development [3][4]. Group 3: Fund Performance and Metrics - The Sci-Tech AI ETF has shown a net value increase of 20.14% over the past six months, ranking 637 out of 3559 index equity funds, placing it in the top 17.90% [5]. - The fund's management fee is 0.50% and the custody fee is 0.10%, which are relatively low compared to similar funds [5]. - The fund has experienced a net inflow of 4.32 billion yuan recently, with significant inflows observed over the past five trading days [4][5]. Group 4: Key Holdings - As of July 31, 2025, the top ten weighted stocks in the Sci-Tech Innovation Board AI Index accounted for 67.36% of the index, including companies like Cambricon (688256) and Stone Technology (688169) [6].

Core Insights - The article highlights the significant rise of the AI sector in China, driven by government policies and strong market performance of AI-related stocks and ETFs [4][5][6]. Group 1: Market Performance - The Shanghai Stock Exchange's Sci-Tech Innovation Board AI Index (950180) surged by 4.36%, with notable gains from stocks like Lexin Technology (688018) up 16.52% and Yuntian Lifeng (688343) up 15.23% [3]. - The Sci-Tech AI ETF (588790) increased by 4.40%, reaching a latest price of 0.83 yuan, and has seen a cumulative rise of 13.41% over the past week [3]. - The trading volume for the Sci-Tech AI ETF was active, with a turnover rate of 18.61% and a total transaction value of 1.392 billion yuan [3]. Group 2: Government Initiatives - The State Council issued an opinion on the "Artificial Intelligence+" initiative, aiming to integrate AI across six key sectors, including technology, industry, and governance [4][5]. - The initiative sets ambitious targets for AI application penetration, aiming for over 70% by 2027 and over 90% by 2030 [5][6]. Group 3: Company Performance - Cambricon Technologies, the largest weight in the AI ETF, reported a second-quarter revenue of 1.769 billion yuan and a net profit of 683 million yuan, with a year-on-year revenue growth of 4347.82% for the first half of 2025 [4][5]. Group 4: ETF Insights - The Sci-Tech AI ETF is the largest product tracking the AI index, with significant growth in both scale and shares, increasing by 417 million yuan and 48 million shares respectively over the past week [8]. - The ETF has shown strong performance metrics, with a net value increase of 17.78% over the past six months and a historical holding probability of 100% for six months [9]. Group 5: Tracking Accuracy - The Sci-Tech AI ETF has the highest tracking accuracy among comparable funds, with a tracking error of just 0.011% [11]. - The index comprises 30 major companies in the AI sector, with the top ten stocks accounting for 67.36% of the index [11].