Core Viewpoint - The financial technology sector is experiencing a downturn, with the China Securities Financial Technology Theme Index down by 3.60% as of September 23, 2025, indicating a challenging market environment for related stocks and ETFs [3]. Market Performance - The China Securities Financial Technology Theme Index has seen significant declines in key stocks, with Zhongke Jincai down 6.64%, Xinan Century down 6.51%, and Hengbao Co. down 5.87% [3]. - The Financial Technology ETF (516860) has decreased by 3.75%, with a latest price of 1.54 yuan, although it has shown a slight increase of 0.57% over the past week [3]. - The trading volume for the Financial Technology ETF was 2.05 billion yuan, with a turnover rate of 8.01% [3]. Investment Trends - Huawei announced at the 2025 All-Connect Conference that the number of HarmonyOS5 terminal devices has surpassed 17 million, launching the "Tiangong Plan" with an investment of 1 billion yuan to support the Harmony AI ecosystem [3]. - The State Council has issued guidelines to promote high-quality development in digital finance, emphasizing the importance of electronic signature technology in the financial sector [3]. AI and Financial Technology - Institutions note that the AI application ecosystem is becoming more robust, with rapid penetration of large model technologies in finance, healthcare, and education, exceeding market expectations for commercialization [4]. - Dongwu Securities highlights that the current fundamentals and valuations in the sector are low, presenting significant investment value, especially with ongoing policy support and economic stabilization [4]. ETF Growth and Performance - The Financial Technology ETF has seen a growth of 509 million yuan in scale over the past two weeks, ranking second among comparable funds [4]. - The latest share count for the Financial Technology ETF reached 1.652 billion shares, marking a one-year high and also ranking second among comparable funds [4]. - Recent net inflows into the Financial Technology ETF totaled 11.1 million yuan, with a consistent trend of net inflows over the past five trading days, averaging 53.9 million yuan per day [4]. Index Composition - The China Securities Financial Technology Theme Index includes major stocks such as Tonghuashun, Dongfang Caifu, and Hengsheng Electronics, with the top ten stocks accounting for 54.08% of the index [5].

在近日举办的华为全联接大会2025上，华为技术有限公司（以下简称"华为"）宣布HarmonyOS5（鸿蒙 5）终端设备数量已突破1700万台，并正式启动"天工计划"，未来将投入10亿元资金与资源，全面支持 鸿蒙AI生态创新，联合开发者共同迈进鸿蒙AI新阶段。 在业界看来，华为宣布未来将投入10亿元全面支持鸿蒙AI生态创新，是其在AI时代构建自主生态的关 键落子。 "鸿蒙生态正全速进击。鸿蒙生态的快速成长，是中国科技产业协同创新的一次集体冲锋。"华为终端云 服务总裁朱勇刚在大会上展示了一张不断扩张的生态图谱——从智能手机到智能汽车，从智能家居到工 业互联，鸿蒙5已经渗透到数字生活的多个角落。 鸿蒙生态快速发展 "天工计划"的启动是本次大会的重头戏。此次，华为宣布以10亿元的资金与资源投入，全面用于支持鸿 蒙AI生态的创新与发展。 AI智能体正成为鸿蒙生态进化的重要方向，借助"天工计划"，华为将支持开发者构建更多AI元服务、意 图框架与智能体。鸿蒙AI原生和全场景互联的基因，将会带来更高阶的AI全场景体验，颠覆信息和服 务获取的方式。据了解，在鸿蒙"天工计划"的助力下，华为将与合伙方共同加速孵化超过1万个AI原生 ...

Group 1 - Huawei announced the launch of new models including the AITO M8 electric version and the HarmonyOS 5 device, which has surpassed 12 million units, contributing to a comprehensive smart living experience [1] - The cumulative delivery of HarmonyOS vehicles has exceeded 900,000, maintaining the highest average transaction price among Chinese automotive brands for 14 consecutive months [1] - The AITO M9 has achieved cumulative deliveries of 226,000 units, while the AITO M8 has delivered 70,000 units in just four months [1] Group 2 - Chery Automobile's chairman stated that the arrival of new models marks the transition to the 2.0 phase of the Zhijie brand, with over 10 billion yuan in special investments and a research team of over 5,000 people [2] - The new Zhijie models feature a refreshed design, including a new graphic logo and unique color options, with the Zhijie R7 equipped with a 16.1-inch central control screen and advanced audio system [2] - The AITO M8 electric version utilizes a new high-voltage electric power architecture, achieving a maximum range of 705 km [2] Group 3 - The Shangjie H5 model is positioned with a price starting at 169,800 yuan and is equipped with the HUAWEI ADS 4 advanced driver assistance system, making it accessible under 200,000 yuan [3] - The Shangjie H5 features high-performance 192-line lidar and 4D millimeter-wave radar for enhanced driving assistance accuracy [3] - The vehicle includes a native vehicle machine and a voice assistant for improved user interaction [3]