Group 1 - The smart connected vehicle ETF (159872.SZ) increased by 0.67%, with its related index, CS Vehicle Networking (930725.CSI), rising by 0.52% [1] - Major constituent stocks such as SAIC Motor Corporation increased by 2.59%, Yuanwanggu by 10.03%, BYD by 1.51%, CATL by 1.02%, and China Automotive Technology & Research Center by 2.89% [1] - Pony.ai announced the road testing of its seventh-generation autonomous driving system on the BAIC Arcfox Alpha T5 Robotaxi in Shenzhen, which has entered mass production and received approval for public road testing [1] Group 2 - Guosen Securities noted that as of June 2025, the CS automotive sector fell by 0.13%, with the CS passenger vehicle index down by 2.34%, while the CS automotive parts index rose by 0.92% [2] - The overall performance of the automotive sector has lagged behind the CSI 300 index, which increased by 2.5%, although the sector has gained 28.88% year-to-date, outperforming the CSI 300 by 14.17 percentage points [2] - Western Securities highlighted that differences in index composition and weighting methods can affect performance, which is applicable to the vehicle networking sector, indicating that the concentration and weight distribution of CS Vehicle Networking index constituents may impact the volatility of the smart connected vehicle ETF [2]