Hong Kong, March 26, 2026 —— E Fund Management (Hong Kong) Co., Ltd. announced that the E Fund (Hong Kong) Solactive Asia Semiconductor Selected Index ETF (Code: 3486) is officially listed on the Hong Kong Stock Exchange today. This ETF tracks the Solactive Asia Semiconductor Selected Index, providing investors with an efficient tool to access the entire Asian semiconductor industry chain at the click of a button, seizing investment opportunities in core assets amidst the AI wave.

Asian Semiconductor Leaders: One-Click Access to Capture Core AI Computing Opportunities

As the core hub of the global semiconductor supply chain, Asia produced more than 75% of the world's chips according to data from Moody's Investors Service in September 2025. The Solactive Asia Semiconductor Selected Index selects 30 constituent stocks from listed companies on the Hong Kong, Japan, and South Korea exchanges, as well as semiconductor leaders listed in the U.S. with headquarters in Taiwan, bringing together industry benchmark companies such as SK Hynix, Hua Hong Semiconductor, TSMC, and SMIC. The index is designed with a fixed number of constituents, including 15 from the Hong Kong market and 15 from non-Hong Kong markets, ensuring a balanced regional distribution and representation of the industry chain.

As of February 28, 2026, the top ten weighted stocks in the index accounted for 76.64%, covering core segments such as AI computing chip manufacturing, semiconductor equipment, and advanced packaging and testing.

Index Return Exceeds 400%: Performance Leading Peers

The index has shown exceptional historical returns, with a cumulative return of 426% since the base date of March 20, 2020; short-term elasticity is robust, with returns of 72% and 185% over the past 1 year and 2 years respectively (the above is merely an objective presentation of the benchmark index's historical performance; past performance does not indicate future performance and should not be taken as any investment advice; investors should pay attention to the risks of index volatility. Actual returns of the fund may be affected by management fees and tracking errors, and may differ from index performance; investors should take note), significantly outpacing major similar indices in the Asia region, making it a preferred tool to capture investment opportunities in the Asian semiconductor sector.

Four Major Regional Barriers Establish a Unique Global Semiconductor Golden Industry Chain

The index accurately focuses on the globally unique semiconductor golden industry chain composed of "Japanese materials and equipment + Korean storage + Taiwanese foundries + Chinese Mainland packaging and manufacturing," with four major regional advantages complementing each other and interconnected, forming a complete industrial ecosystem that is difficult to replicate in other regions:

• Mainland China: Anchoring the Core Position of Domestic Substitution, benchmark companies such as Hua Hong Semiconductor, SMIC, and ASMPT cover key segments like wafer foundry, advanced packaging equipment, and AI computing chip design. China's semiconductor self-sufficiency rate has risen from 15% in 2019 to 28% in 2024, indicating huge potential for domestic substitution.
• South Korea: Core of AI Storage Dividend, SK Hynix has formed a dual monopoly in both technology and market in the HBM field, with an expected 62% market share and 57% revenue contribution in HBM shipments by 2025, likely benefiting from surging demand for AI computing storage.
• Japan: Invisible Champion in Equipment Materials, Tokyo Electron, as a leading equipment provider, holds a 92% market share in coating and developing equipment, establishing itself as a "necessity in the global semiconductor industry chain" due to its extremely high technological barriers.
• Taiwan: The Only Entry for Advanced Processes Globally, TSMC's 3nm capacity is booked until 2027, and 2nm will begin mass production by the end of 2025, leading competitors by at least 3 years, with AI chips from global technology giants like NVIDIA, AMD, and Google all manufactured by TSMC.

Explosive Demand for AI Computing: Cloud Vendors' Capital Expenditures Surge

Currently, the semiconductor industry is in an upward cycle, with demand for computing power continuing to grow. From 2022 to 2024, confidence in the development of the AI industry mainly stems from the AI investments of cloud computing providers; since 2025, as AI model performance improves, new downstream application scenarios have continuously emerged, and the positive circular development brought by commercial closed-loop systems has become a new source of confidence in the AI industry. The average daily token usage of the Doubao large model has grown significantly since 2025, with Google's September token processing volume reaching 130 trillion, reflecting rapid growth in global AI application end-user demand.

E Fund Management (Hong Kong) Co., Ltd. stated that looking back at history, every technological revolution has relied on the underlying support of semiconductors; looking forward, the booming development of the artificial intelligence industry will continue to drive sustained growth in semiconductor demand. The Asian semiconductor industry cluster, taking advantage of Asia's complementary strengths in the semiconductor sector, has formed the most complete semiconductor ecosystem globally, occupying an irreplaceable strategic position in core segments like AI computing chips, advanced processes, storage, and equipment materials.

The E Fund (Hong Kong) Solactive Asia Semiconductor Selected Index ETF (3486) closely tracks the Solactive Asia Semiconductor Selected Index, accurately gathering regional industry leaders, covering key segments such as wafer foundry, storage, equipment, and packaging and testing, providing investors with a convenient tool to access the entire Asian semiconductor industry chain and seize core assets of high growth during the AI wave.

Data Source Explanation:

• Country/Region distribution and weight data of index constituents source: Solactive, Bloomberg, data as of February 28, 2026.
• Historical performance data of the index source: Bloomberg, index base date is March 20, 2020, data as of February 28, 2026. The above is merely an objective presentation of the benchmark index’s historical performance; past performance is not indicative of future fund returns and should not be construed as any investment advice; investors should consider the risks of index volatility. Actual fund returns may differ from index performance due to management fees and tracking errors; investors should take note.
• Data source for China's semiconductor self-sufficiency rate: "China Semiconductor Industry White Paper 2025," 2025.
• Data source for SK Hynix HBM market share: Counterpoint Research, Q2 2025.
• Data source for Tokyo Electron coating and developing equipment market share: China Business Industry Research Institute, 2024.
• Data source for TSMC 3nm capacity and 2nm mass production timeframe: TrendForce, financial media, TSMC customer composition information reference source: TrendForce, December 2025.
• Business data source: Bloomberg, Nomura, China International Capital Corporation, various company websites, and earnings conference compilation, data as of February 2026.

About E Fund Hong Kong

E Fund Management (Hong Kong) Co., Ltd. ("E Fund Hong Kong") was established in 2008 and approved by the Hong Kong Securities and Futures Commission to engage in regulated activities such as Type 1 (securities trading), Type 4 (advising on securities), and Type 9 (providing asset management). E Fund Hong Kong is a wholly-owned subsidiary of E Fund Management Co., Ltd. ("E Fund"). As the international business platform of E Fund, E Fund Hong Kong provides global investors with asset management services across categories including fixed income, equities, indices, and alternatives. Products under the company have been awarded honors by authoritative institutions including Morningstar, Lipper, Asian Investor, and Benchmark multiple times.

E Fund was founded in 2001 and is a leading comprehensive asset management company in China, with offices in Guangzhou, Beijing, Shanghai, Shenzhen, Hengqin, and Hong Kong. As of December 31, 2025, E Fund and its subsidiaries had an asset management scale of over 4.1 trillion RMB*. E Fund and its subsidiaries possess various business qualifications including public offering, social security, basic pension insurance, annuities, specific client asset management, QDII, QFII, RQFII, fund investment advisement, and have a comprehensive layout in active equity, index investment, quantitative investment, fixed income, multi-asset investment, FOF investment, international investment, and alternative investment.

Data from E Fund, Galaxy Securities Fund Research Center, as of December 31, 2025.

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