Group 1 - The core point of the news is the appointment of Luo Hao as the new fund manager for the Huatai-PineBridge CSI Information Technology Application Innovation Industry ETF Initiation Link (021602), effective from August 19, 2025, while Sun Hao will no longer serve in this role [1] - As of August 18, 2025, the net value of the Huatai-PineBridge CSI Information Technology Application Innovation Industry ETF Initiation Link was 1.4816, reflecting a daily increase of 2.48% and a yearly increase of 61.18% [1] Group 2 - Luo Hao holds a Bachelor's degree in Engineering from Shanghai Jiao Tong University and a Master's degree in Management from Northeastern University, USA, and has the qualification for securities investment funds [2] - Luo Hao has a history of managing multiple funds, including the Huatai-PineBridge CSI Information Technology Application Innovation Industry ETF, which has achieved a return of 70.62% since September 11, 2024 [4] - The funds managed by Luo Hao include various ETFs with significant returns, such as the Huatai-PineBridge National General Aviation Industry ETF, which has a scale of 3.18 billion and a return of 4.39% since July 16, 2025 [4]

Group 1 - The core point of the news is the performance and structure of the Huatai-PineBridge CSI Information Technology Application Innovation Industry ETF Initiation Link A, which has seen a decline in its net value and cumulative returns since its establishment [1] - As of May 19, the fund's net value is 1.33 yuan, with a decline of 0.02% on that day and a cumulative drop of 3.54% over three trading days [1] - The fund was established in June 2024 with a total size of 0.45 billion yuan and has achieved a cumulative return of 32.69% since inception [1] Group 2 - The fund's holder structure shows that institutional investors hold 0.10 billion shares, accounting for 54.98% of the total shares, while individual investors hold 0.08 billion shares, making up 45.02% [1] - The current fund manager, Sun Hao, has a background in finance with a master's degree from Peking University and has been managing multiple funds since August 2023 [2] - As of March 31, 2025, the top two holdings of the fund account for a combined 0.14%, both being 23 government bonds [3]