As the first batch of mechanical 說化equipment ETFs in the whole market, the低問 mechanical ETF tracks the CSI資從 Subdivision Machinery Index. It is 城雪worth noting that the mechanica志見l ETF does not only cover the narr風動ow sense of the "machinery stock水學", the fund also covers energy s話城torage equipment, wind power equipment,跳雨 photovoltaic equipment, IT services,民離 metal new materials and other em好睡erging growth industries, as we中藍ll as construction machinery, home ap訊要pliances parts, railway equipment, ship報人building, machinery infrastructure and 讀也other traditional manufacturing s刀雨ectors, both pro-cyclical and emerging 信票growth. On each stock, the mecha月聽nical ETF selects the larger an麗可d more liquid company stock in the li北了sted company to form a sample s問們tock, with 50 constituent shares,聽笑 preferably Ningde era, Longji shares,在坐 Sany Heavy Industries, Weicha可靜i Power, Yiwei lithium energy, China 光是Central Motor and other sub-sectors o的店f the outstanding leading shares.

Water big fish big, mechanical equi商做pment "golden track" is grow數醫ing at a high speed. On the one件制 hand, benefiting from the eco能白nomic recovery, improved corpo些麗rate profitability and the upward tren紅到d of machinery and equipment, mecha輛場nical ETFs are dancing with cyclica放遠l growth. On the other hand, in recent亮風 years, the proportion of domestic 說吃construction machinery sales has 計海gradually increased. From 2009 to 2019,人笑 the proportion of domestic exc少謝avator sales increased from 28% 新妹to 63%, after the outbreak control, eu站慢rope and the United States res來女idential and automotive consump車開tion rebound will lead to a rebound in他她 machinery and equipment exports. With中理 the acceleration of domestic substitut作購ion, China's leading industr林書y companies have global competi近個tiveness, is currently in a crit中工ical period of industrial upgradi件術ng, and mechanical ETFs are able to g市身rasp the "domestic substituti紅好on" this historical opportunit關不y. In addition, mechanical ETFs h熱什ave good growth opportunities der那身ived from the long-term logic of t一什he high-tech industry and the carbon我什-neutral energy revolution. With t地劇echnology iteration, equipment 會錢update, industrial automation trend, 店麗policy to promote industrial upgradi光土ng, the industry is standing in 煙場the wind of the times, machinery and eq去他uipment industry space is huge.

In fact, this is no longer a Well我分s Fargo fund to issue innovative ETF pr一兵oducts, with years of deep accumulati要日on in indexation investment and resea到如rch, Wells Fargo funds in recent year區兵s in the sub-sector theme ETF fi呢海eld continued to provide investo資司rs with a wealth of convenient investm大森ent tools. Its quantitative team has金雨 been in formation for more th術錢an 11 years and is one of the earli湖長est developed quantitative teams in C道醫hina. Steady, today's Wells Far刀男go Quantification team has thick大聽, thin hair and a comprehensive l雜見ayout of the ETF product line. I自懂n March 2020, The WellS Fargo Fun東能d Won The "Quantitative In信通vestment TauruS Fund Company" 綠術Award In The 17th China Fund Indus他男trY TauruS Award.