Core Insights - The recent issuance of Sci-Tech Innovation Bonds by local banks indicates a growing support for technology innovation enterprises, which is expected to provide funding for small and medium-sized tech companies [3] Group 1: Market Performance - As of September 25, 2025, the Sci-Tech Bond ETF from Bosera (551000) has decreased by 0.26%, with the latest price at 99.02 yuan [2] - The trading volume for the Sci-Tech Bond ETF was active, with a turnover of 13.75% and a transaction value of 1.434 billion yuan [2] - Over the past year, the average daily transaction volume for the Sci-Tech Bond ETF has been 2.166 billion yuan [2] Group 2: Issuance and Growth - On September 19, Qingdao Bank successfully issued "25 Qingdao Bank Sci-Tech Bond" with a scale of 1 billion yuan, and Chongqing Three Gorges Bank issued "25 Three Gorges Bank Sci-Tech Bond 01" with a scale of 2 billion yuan from September 22 to 24 [2] - As of September 23, 2023, a total of 54 Sci-Tech Bonds have been issued by banks this year, with a cumulative issuance scale of 271 billion yuan [2] - More than 30 local banks have participated in the issuance of Sci-Tech Bonds, becoming a significant force in expanding the market [2] Group 3: Fund Size and Flow - The latest size of the Bosera Sci-Tech Bond ETF has reached 10.454 billion yuan [4] - The fund has seen a balance in inflows and outflows recently, with a total of 458 million yuan raised over the last 10 trading days [4] - The ETF closely tracks the Shanghai Stock Exchange AAA Technology Innovation Company Bond Index, which reflects the overall performance of eligible bonds [4]