Cambrian's performance is experiencing explosive growth! The prices of storage chips have risen significantly, and the Guotai Innovation Chip ETF (589100) is deploying a full-chain layout of the domestic "chip" ecosystem.

As of March 13, 2026, 14:01, the Shanghai STAR Market Chip Index (000685) decreased by 1.07%. The component stocks showed mixed performance, with Bawei Storage leading the gains at 4.77%, Jingchen Co. up 1.76%, and SMIC up 1.19%; Dongxin Co. led the decline at 6.84%, Huahong Company down 5.39%, and Naxin Micro down 5.11%. Guotai’s STAR Chip ETF (589100) latest price is 1.59 yuan. Looking at a longer timeframe, as of March 12, 2026, Guotai’s STAR Chip ETF has increased by 8.15% over the past three months, ranking 3rd among comparable funds as of March 11. (The stocks listed above are only index components and are not specific recommendations.)

In terms of news, Cambrian released its 2025 annual report, with revenue reaching 6.497 billion yuan, a year-on-year increase of 453.21%; net profit attributable to shareholders was 2.059 billion yuan, a significant increase of 555.24%. Additionally, the chip design sector has recently been boosted by multiple industry favorable factors. According to Wanlian Securities, storage chip prices have risen significantly, with TrendForce data indicating that in Q1, DRAM contract prices are expected to increase by over 90% quarter-on-quarter, and NAND Flash prices have also risen sharply, directly benefiting related design companies. Meanwhile, the price increase trend across the entire semiconductor industry chain has extended to the chip design segment, with many companies raising product prices due to rising raw material costs and supply-demand tensions.

Guotai Securities’ research report mentions that ongoing external technological restrictions continue to exert pressure, further emphasizing the urgency of domestic self-reliance and control, providing policy and order support to local chip design companies, and significantly accelerating the process of domestic substitution.

As of March 12, Guotai’s STAR Chip ETF has increased by 15.10% in net asset value over the past six months. In terms of return capability, since its inception, as of March 12, 2026, the highest single-month return for Guotai’s STAR Chip ETF was 34.67%, with the longest consecutive growth streak of 4 months, and the maximum cumulative increase of 72.96%. The ratio of rising to falling months is 7/4, with an average monthly return of 12.17%, a monthly profit percentage of 63.64%, a monthly profit probability of 62.56%, and a 100% probability of profit over a 6-month holding period historically.

Regarding drawdowns, as of March 12, 2026, Guotai’s STAR Chip ETF has a year-to-date relative drawdown of 0.09%.

Fee rates include a management fee of 0.50% and a custody fee of 0.10%.

In terms of tracking accuracy, as of March 12, 2026, the tracking error for Guotai’s STAR Chip ETF this year is 0.007%, indicating high tracking precision among comparable funds.

Guotai’s STAR Chip ETF closely tracks the Shanghai STAR Market Chip Index, which selects securities involved in semiconductor materials and equipment, chip design, manufacturing, packaging, and testing from STAR Market listed companies to reflect the overall performance of representative chip industry listed companies on the STAR Market.

Data shows that as of February 27, 2026, the top ten holdings of the Shanghai STAR Market Chip Index (000685) are Haiguang Information, Lankeng Technology, SMIC, Microchip, Cambrian, Chipone, Tuojing Technology, Bawei Storage, Huahong Company, and Huahai Qingke, with the top ten holdings accounting for 58.09%. (The stocks listed above are only index components and are not specific recommendations.)

Guotai’s STAR Chip ETF (589100) provides a one-click layout for the entire domestic “chip” scene, bundling core leaders across the full industry chain and all categories of domestic chips.

Guotai’s STAR Chip ETF (589100) is connected via off-market linkage (Guotai Shanghai STAR Market Chip ETF Launch Linkage A: 024853; Guotai Shanghai STAR Market Chip ETF Launch Linkage C: 024854).