As of 15:00 on April 11, 2025, the SSE Science and Technology Innovation Board 50 Component Index (000688) rose strongly by 2.07%, Montage Technology (688008) rose by 7.27%, SmartWell (688213) rose by 6.54%, Tianyue Advanced (688234) rose by 6.43%, and individual stocks such as Jinghe Integration (688249) and VeriSilicon (688521) followed suit.

The STAR 50 Enhanced ETF (588460) rose 3.36% to achieve four consecutive gains. As of April 11, the net value of the STAR 50 Enhanced ETF has increased by 39.83% in the past 1 year, ranking among the top 5% in the return ranking of all index equity funds.

In addition, it is worth noting that the Sharpe ratio of the Science and Technology Innovation 50 Enhanced ETF (588460) in the past 1 year is 1.24, ranking 1/10 of comparable funds, and achieving the highest return under the same risk.

The constituent companies of the STAR 50 cover 50 companies with large market capitalization and good liquidity on the STAR Market, bringing together the subdivision leaders of six strategic emerging industries. As the STAR Market enters its sixth year, as the "core asset pool" of China's hard technology enterprises, the constituent companies of the STAR 50 Index have further consolidated their strategic position as the "ballast stone" of scientific and technological innovation with steady performance growth, breakthrough technological achievements and in-depth global layout.

As of April 9, 18 of the 50 constituent companies disclosed their annual reports, with a total operating income of about 225.6 billion yuan, a year-on-year increase of 12%; The net profit was 22.474 billion yuan, a year-on-year increase of 36%, building a solid foundation for the high-quality development of the sector, highlighting the leading role of leading technology enterprises in market stability and industry development.

In addition, the constituent companies of the Science and Technology Innovation 50 build a highland of value with technological hard power, and regard R&D as a lifeline. The total R&D investment of the 18 companies that disclosed their annual reports reached 24.811 billion yuan, a year-on-year increase of 13%, of which nearly ninety percent of the companies increased their R&D investment year-on-year, and the median R&D intensity reached 11.78%.

Some brokerage analysts pointed out that the constituent stocks of the Science and Technology Innovation 50 Index are mostly concentrated in high-growth industries, and the proportion of corporate R&D investment is high. The STAR 50 Enhanced ETF (588460) closely tracks the SSE STAR Market 50 Component Index, comprehensively covering hard technology fields such as information technology, industry, medicine and health, and accurately targeting the core strength of China's technology industry.

According to the data, as of March 31, 2025, the top 10 weighted stocks of the SSE Science and Technology Innovation Board 50 Component Index (000688) are SMIC (688981), Haiguang Information (688041), Cambrian (688256), Montage Technology (688008), China Micro Corporation (688012), Kingsoft Office (688111), United Imaging Healthcare (688271), Transsion Holdings (688036), VeriSilicon (688521), Roborock (688169), the top 10 weighted stocks accounted for 54.65% of the total.

STAR 50 Enhanced ETF (588460), OTC Connect A: 021908; Join C: 021909; Join I: 022969). The STAR 50 ETF Index (588040) will be listed next Monday, April 14, so stay tuned!