Fund Overview - The fund is named Penghua CSI Internet of Vehicles Theme ETF, with a total fund share of 52,799,732.00 as of the report date [2][3] - The fund aims to closely track the benchmark index with a daily tracking deviation of less than 0.2% and an annual tracking error of less than 2% [2][3] - The fund employs a passive index investment strategy, adjusting the investment portfolio according to changes in the benchmark index's constituent stocks and their weights [2][3] Financial Performance - The fund achieved a realized income of 2,989,438.77 and a profit of 1,500,373.16 during the reporting period [3][4] - The net asset value at the end of the reporting period was 47,738,549.72, with a net asset value per share of 0.9041 [3][4] - The cumulative net value growth rate of the fund was -9.59% [3][4] Market Context - The A-share market exhibited an "N-shaped" trend in the first half of the year, with the Shanghai Composite Index rising by 2.76% [11] - Economic growth was supported by stable domestic demand, better-than-expected exports, and rapid industrial production, laying a solid foundation for the year [11][12] - The technology sector, particularly artificial intelligence and robotics, performed well early in the year, while other sectors like banking and new consumption gradually took over as market hotspots [11][12] Industry Insights - The integration of vehicle-road-cloud technology continues to progress in China, driven by policy support and technological exploration, although the pace of development has not met expectations [12][13] - The deployment of V2X technology is enhancing vehicle-road-cloud interaction efficiency, but cost pressures are causing car manufacturers to be cautious about investing in vehicle communication capabilities [12][13] - Future development in the vehicle-road-cloud industry requires attention to cost-sharing mechanisms and the exploration of business models, with a generally optimistic outlook for growth potential [12][14]