展望未来，银河基金投研团队表示，将关注科技板块三大细分方向的机会：一是海外AI产业链，代表 性的细分赛道有半导体原始设计制造商、光模块、印制电路板及上游、液冷电源等；二是国产AI；三 是半导体板块的细分领域，如数字芯片、模拟芯片等 好的投资，必然与时代同行。 今年以来，随着AI应用加速迭代，相关产业蓬勃发展，在改变人类生活的同时，也带来丰富的投资机 会。然而，机器人、AI芯片、光通信等细分板块机遇变化频繁，对投资人的产业洞察与研究深度提出 了挑战。 深耕科技领域多年的银河基金团队，以出色的中长期业绩证明，科技投资是一场"长坡厚雪"的耐力赛， 扎实的投研能力是公司在市场竞争中制胜的根基，而投资者的信任是长期努力的结果。 "科技银河"逐渐成形 银河基金旗下多只科技主题基金近一年业绩亮眼。公开数据显示，2024年8月23日至2025年8月22日，银 河创新混合A近一年净值增长率达108.37%，同期业绩比较基准为38.14%；银河智联混合A达50.62%， 同期业绩比较基准为26.57%。 一是海外AI产业链，代表性的细分赛道有半导体原始设计制造商、光模块、印制电路板及上游、液冷 电源等。整个产业链的各个环节表现均 ...

Group 1 - SIRUI Technology (688536.SH) reported its semi-annual results for 2025, with 68 institutional investors disclosing holdings totaling 59.09 million shares, representing 44.56% of the total share capital [1] - The top ten institutional investors collectively hold 40.23% of the shares, with an increase of 1.09 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, six funds increased their holdings, accounting for 2.33% of the total, including notable funds such as Galaxy Innovation Mixed A and Jiashi SSE STAR Market Chip ETF [2] - Conversely, 22 public funds reduced their holdings, with a decrease of 1.76%, including funds like Wanjiayou Selected and Wanjiayou Independent Innovation Mixed A [2] - A total of 35 new public funds disclosed their holdings this period, while 16 funds were not disclosed compared to the previous quarter [2]

Group 1 - SMIC (688981.SH) released its 2024 annual report on March 28, 2025, indicating that as of March 27, 2025, 535 institutional investors disclosed holding shares in SMIC A-shares, totaling 817 million shares, which accounts for 10.25% of SMIC's total share capital [1] - The top ten institutional investors include notable entities such as the National Integrated Circuit Industry Investment Fund II, China Merchants Bank, and various ETFs focused on the semiconductor sector, with the top ten collectively holding 7.17% of the shares [1] - Compared to the previous quarter, the combined holding percentage of the top ten institutional investors decreased by 1.25 percentage points [1] Group 2 - In the public fund sector, three funds reported a decrease in holdings compared to the previous quarter, with a total reduction of 0.95% [2] - A total of 31 new public funds were disclosed during this period, including various ETFs and mixed funds focused on large-cap indices and digital economy [2] - There were 230 public funds that did not disclose holdings in this period, including several semiconductor-focused ETFs and mixed funds [2]