The largest chemical ETF of its kind, Penghua (159870), was renamed today, with Penghua Cycle Train fully standardized in naming.

On March 31, 2026, the chemical ETF Penghua (159870), which is number one in scale among its peers, officially completed its renaming. By then, all 69 ETFs under Penghua Fund had finished standardized naming.

Focused on building allocations for cyclical sectors, Penghua’s Cyclical Train has achieved full coverage of cyclical rotation product types across nonferrous/industrial nonferrous metals, chemicals, oil, grains, and breeding. As of March 27, the total assets under management for the Cyclical Train series ETFs have exceeded RMB 34.0 billion, up 13 times from the beginning of 2025. Among them, the Chemical ETF Penghua (159870) and the Grains ETF Penghua (159698) both rank first in their respective categories by scale, while the Oil ETF Penghua (159697) ranks second among its peers by scale.

Behind the renaming is Penghua Fund’s 17 years of deep accumulation in index business: currently, it manages 69 ETFs with assets under management exceeding RMB 130 billion, serving more than one million holders, and has a comprehensive, diversified, forward-looking product lineup. Beyond the cyclical sector track, it has also built an index investment system characterized by the most complete portfolio of STAR Market categories, diversified Hong Kong stock market exposure, and distinctive features in bond index offerings. The full rollout of the unified “ETF Penghua” brand identifier makes it clear at a glance which ETFs—including the Cyclical Train series—belong under which identity, offering investors a clearer selection experience.

A new look, a renewed heart. Going forward, Penghua Fund will continue to refine its index product line, upgrade the investment service experience, and, with stronger professional research and investment capabilities, more precise product allocation, and warmer user companionship, help investors seize opportunities under different market conditions and stay on course for long-term success.

Note: “the most complete STAR Market categories” means that Penghua Fund has 12 ETFs investing in the STAR Market and 1 STAR Market bond ETF; collectively, it tracks 12 STAR Market category indices, making it the fund manager with the most comprehensive coverage across its lines among publicly offered funds. “number one/second in scale among its peers” means that the product scale ranks first/second among ETFs that track the same underlying index.