Foxconn begins trial production of foldable screen iPhone! The Apple supply chain content exceeds 47%—Huabao Fund Electronics ETF (515260) rises up to 1.95% during trading.

Perhaps due to Foxconn’s trial production of Apple’s foldable screen iPhone, which benefits the Apple supply chain, today (April 7), the electronic ETF Huabao (515260), with over 47% of its holdings in the Apple chain, once rose by 1.95% intraday, now up 1.63%, recovering the 5-day and 10-day moving averages. Notably, the ETF shows a wide intraday premium, indicating stronger buying momentum, possibly reflecting investor confidence in the future performance of the Apple supply chain and active positioning! Regarding constituent stocks, Cambrian led with over 7% gains, Huajin Technology rose more than 6%, Shengyi Technology increased over 5%, and stocks like Inspur Information, Shengbang Co., and ChipXuan also followed suit. On the news front, Foxconn has begun trial production of Apple’s foldable screen iPhone. By 2025, Apple has provided shipment targets to suppliers, aiming to launch its first foldable screen phone in the second half of 2026, a large foldable iPhone. According to Counterpoint Research’s “Foldable Smartphone Market Forecast” report, global foldable smartphone shipments are expected to grow by 20% in 2026. As Apple prepares to launch its first foldable iPhone, the foldable smartphone market will enter a new competitive phase in 2026. The agency predicts that Apple could capture about 28% of the market share, approaching Samsung’s leading position. Previously, Huaxi Securities stated that Apple’s accelerated entry into foldables could boost the rapid growth of foldable phones and lead the foldable industry chain to innovative upgrades, focusing on core incremental components like foldable UTG covers and hinges, as well as new processes such as liquid metal and 3D printing.

On the fundamentals side, the electronics sector is experiencing a wave of good news on performance. As of April 6, 24 constituent stocks of the Huabao electronic ETF (515260) had released their 2025 annual reports, with 23 companies profitable, 21 showing double-digit year-over-year net profit growth, with Cambrian, Shenghong Technology, and TCL Technology seeing increases of 555.24%, 273.52%, and 188.78%, respectively. Guojin Securities pointed out that the electronics industry benefits from exploding AI computing power demand, driven by global tech giants’ capital expenditure exceeding expectations, rising storage chip prices, and accelerated domestic substitution of semiconductor materials. It recommends focusing on AI computing hardware, storage chips and modules, passive components, and other sectors with expected Q1 earnings surpassing expectations.

【Embracing tech giants, seizing development opportunities】 The Huabao electronic ETF (515260) and its linked funds (A: 012550 / C: 012551) passively track the Electronics 50 Index, heavily invested in semiconductors and consumer electronics, with key holdings in AI chips, automotive electronics, 5G, and printed circuit boards (PCBs). Major stocks include Luxshare Precision, Cambrian, Foxconn Industrial Internet, SMIC, and others. The ETF is also a margin financing, interconnection, and connectivity target, serving as an efficient tool for one-click allocation of core electronic assets. The index tracked by the Huabao electronic ETF (515260) covers popular tech concepts; as of the end of March, Apple, Nvidia, and Google industry chain weights were 47.21%, 29.85%, and 24.35%, respectively, closely tied to global tech giants’ growth dividends and expected to benefit from their industry expansion and technological innovation. Note: The Huabao electronic ETF (515260) was previously known as the electronic ETF on the intraday market.

Risk warning: The Huabao electronic ETF passively tracks the CSI Electronic 50 Index, which was established on December 31, 2008, and published on July 22, 2009. Its constituent stocks are adjusted periodically according to the index rules. Past backtest performance does not predict future performance. The stocks and index components mentioned are for display purposes only; they do not constitute investment advice and do not reflect holdings or trading activity of any fund managed by the manager. The risk level of the electronic ETF is assessed as R3—medium risk, suitable for balanced (C3) and above investors. Suitability matching opinions are subject to the sales institution. All information in this article (including but not limited to stocks, comments, forecasts, charts, indicators, theories, or any form of expression) is for reference only; investors are responsible for their own investment decisions. Furthermore, any viewpoints, analysis, or forecasts in this article do not constitute investment advice and the manager is not responsible for any direct or indirect losses resulting from the use of this content. Investment in funds involves risks; past performance does not guarantee future results, and the performance of other funds managed by the manager does not guarantee the performance of any particular fund. Invest cautiously.