To The Moon

[For Hong Kong Investors Only] On April 25th, Contemporary Amperex Technology (CATL) announced the launch of the Shenxing PLUS battery at the Beijing Auto Show. This battery offers an ultra-long range of up to 1000 kilometers, equivalent to driving from Beijing to Nanjing without the need for a mid-way recharge. Additionally, the Shenxing PLUS battery features supercharging capabilities, allowing a 10-minute charge to provide a range of 600 kilometers, enabling users to achieve the "1-second, 1-kilometer" concept in reality. *Source: Contemporary Amperex Technology (CATL), as of April 25, 2024. 💡 Learn about Global X China Electric Vehicle and Battery ETF (2845) $GX中国电车(02845)$ and risk disclosure: https://www.globalxetfs.com.hk/zh-hant/funds/china-

[For Hong Kong Investors Only] On April 29th, BYD released 1Q24 financial results, recording a net profit of 4.57 billion Chinese yuan, in line with market expectations. Of particular note is its NEV gross profit margin of 28%, which increased by 7ppts year-on-year and 3ppts quarter-on-quarter, highlighting its strong cost control capabilities amid intensified industry price competition. With the support of the car trade-in policy and the stimulus of new model launches, BYD's car sales volume and profit are expected to continue to grow in the second quarter. Source: BYD, Citi, as of April 29, 2024. 💡 Learn about Global X China Electric Vehicle and Battery ETF (2845) $GX中国电车(02845)$ and risk disclosure: https://www.globalxetfs.com.hk/zh-hant/funds/ch

 [For Hong Kong Investors Only] On April 26, the Ministry of Commerce (MoC), the Ministry of Finance (MOF), and five other departments jointly issued the “'Implementation Rules for Car Trade-in Subsidy”*. It is proposed that by the end of 2024, those old vehicles that meet the requirements can be scrapped and a one-time subsidy of RMB 7,000 (for standardized fuel-fired passenger vehicles) or RMB 10,000 (for new energy passenger vehicles) can be granted for the purchase of a new vehicle. The subsidy amount and scope of the policy exceeded previous market expectations and is expected to stimulate consumer demand for vehicles, and new energy vehicle brands and related industry chain companies will continue to benefit. *Source: Xinhua, as of April 26, 2024. 💡 Learn about Global X China El

[For Hong Kong Investors Only] Benefiting from competitive pricing and the introduction of new models, mainland China witnessed a significant increase in sales of NEVs in March. The China Automobile Dealers Association predicts that wholesale sales of NEVs nationwide will reach 820,000 units in March 2024, marking a 33% YoY increase and an 84% MoM growth. Among them, BYD stands out with over 300,000 vehicles sold in March, a 46% YoY growth*.   Furthermore, with Xiaomi's successful launch of the SU7 and the anticipation of new consumer demand, along with other manufacturers launching new promotional campaigns in April, the growth of EV sales is expected to accelerate, stimulating a new phase of industry growth. Global X China Electric Vehicle and Battery ETF (2845)

[For Hong Kong Investors Only]Insights | Debunking Myths about China’s Battery IndustryDespite US protectionist policies, China can penetrate 85% of the world's auto market, and Europe and other regions need Chinese batteries for cost competitiveness and climate change efforts. In this article, our research team debunks myths about China's battery industry and highlights reasons to invest in the Global X China Electric Vehicle and Battery ETF (2845). 💡Explore the $GX中国电车(02845)$ and risk disclosure details：https://www.globalxetfs.com.hk/research/debunking-myths-about-china-battery-industry/----This material is intended for Hong Kong investors only. It is not a solicitation, offer, or recommendation to buy or sell any security or other financial