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688196 Longyan Zhuoyue New Energy

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  • 41.12
  • +0.44+1.08%
Trading May 15 10:38 CST
4.93BMarket Cap27.21P/E (TTM)

Longyan Zhuoyue New Energy Key Stats

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YOY yoy
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(Q3)Mar 31, 2025
(FY)Dec 31, 2024
(Q9)Sep 30, 2024
(Q6)Jun 30, 2024
(Q3)Mar 31, 2024
(FY)Dec 31, 2023
(Q9)Sep 30, 2023
(Q6)Jun 30, 2023
(Q3)Mar 31, 2023
(FY)Dec 31, 2022
Assets
Current assets
Money funds
69.45%571.35M
-3.76%263.59M
65.06%541.03M
-44.59%323.27M
-12.75%337.18M
-62.09%273.9M
-43.34%327.78M
27.79%583.39M
104.73%386.48M
122.12%722.59M
Transactional financial assets
--18M
1,013.39%275.74M
-75.06%21.67M
240.83%14.07M
----
-37.28%24.77M
-51.50%86.88M
-94.71%4.13M
-58.03%89.73M
-75.36%39.49M
Notes receivable and accounts receivable
4.77%94.94M
645.37%48.51M
-73.38%67.31M
-44.51%61.3M
-59.12%90.62M
-20.36%6.51M
-11.52%252.82M
-36.30%110.48M
-43.62%221.65M
-96.88%8.17M
-Notes receivable
17.28%1.57M
-40.43%1.82M
-83.03%1.61M
-79.53%1.94M
-89.04%1.34M
-56.78%3.05M
52.80%9.5M
-16.36%9.5M
-15.25%12.23M
63.04%7.05M
-Accounts receivable
4.58%93.37M
1,249.80%46.69M
-73.00%65.7M
-41.22%59.36M
-57.37%89.28M
209.40%3.46M
-12.95%243.32M
-37.70%100.98M
-44.71%209.42M
-99.57%1.12M
Other receivables (including interest and dividends)
150.92%126.07M
109.40%71.42M
117.71%93.36M
10.00%71.49M
17.64%50.24M
73.42%34.11M
-29.49%42.88M
23.22%64.99M
-24.63%42.71M
12.43%19.67M
-Other receivable
----
109.40%71.42M
----
10.00%71.49M
----
73.42%34.11M
----
23.22%64.99M
----
12.43%19.67M
Advance payment
-31.97%27.22M
-27.58%8.26M
0.67%8.65M
86.40%17.18M
32.83%40.01M
72.93%11.41M
-80.36%8.6M
-59.72%9.21M
4.68%30.12M
-67.14%6.6M
Inventories
4.42%950.14M
2.39%952.62M
202.72%898.59M
237.77%992.22M
105.29%909.96M
96.49%930.34M
-7.07%296.84M
-50.04%293.75M
10.98%443.26M
7.29%473.49M
Receivable financing
-71.08%1.67M
12.34%4.7M
--3.87M
--6.5M
--5.79M
--4.19M
----
----
----
----
Non-current assets due within one year
605.93%376.54M
337.15%233.17M
-57.98%273.9M
-58.69%273.69M
-91.81%53.34M
-91.81%53.34M
--651.8M
--662.5M
--651.23M
--651.23M
Other current assets
47,947.46%32.5M
86.13%19.69M
--20.73M
251.63%24.85M
-88.13%67.63K
1,756.18%10.58M
----
--7.07M
770.52%569.95K
105.24%569.95K
Adjustment items of current assets
-200.00%-0.01
----
----
0.00%-0.01
--0.01
----
----
---0.01
----
----
Total current assets
47.82%2.2B
39.18%1.88B
15.68%1.93B
2.83%1.78B
-20.29%1.49B
-29.80%1.35B
13.65%1.67B
26.54%1.74B
45.69%1.87B
56.66%1.92B
Non Current assets
Fixed assets
----
-9.52%574.4M
----
-5.06%607.25M
----
-3.43%634.81M
----
24.38%639.61M
----
23.37%657.38M
Constru in process
----
224.77%291.81M
----
124.85%146.41M
----
191.41%89.85M
----
-36.23%65.11M
----
9.41%30.83M
Intangible assets
-2.84%96.27M
-2.95%97.12M
-2.23%97.98M
-2.75%98.39M
-2.84%99.08M
-2.62%100.08M
102.20%100.21M
102.41%101.18M
102.27%101.97M
102.13%102.77M
Deferred tax assets
0.47%10.47M
0.47%10.47M
-91.89%544.4K
-76.05%1.68M
48.52%10.42M
48.52%10.42M
1,067.97%6.71M
1,356.36%7.02M
1,121.41%7.02M
1,121.41%7.02M
Usufruct assets
-11.95%48.62M
-10.16%54.12M
-30.77%45.18M
-28.57%50.2M
-26.67%55.22M
2.05%60.24M
244.58%65.26M
218.06%70.28M
198.17%75.3M
107.76%59.03M
Other non current assets
-56.68%355.47M
-19.89%658.36M
0.28%623.03M
6.05%613.13M
46.33%820.64M
297.68%821.82M
-20.10%621.3M
-26.65%578.15M
-26.14%560.82M
-70.69%206.66M
Adjustment items of non current assets
----
----
----
--0.01
----
----
----
----
----
----
Total non current assets
-16.13%1.44B
-1.67%1.69B
3.95%1.56B
3.81%1.52B
20.70%1.72B
61.44%1.72B
0.62%1.5B
-1.07%1.46B
0.21%1.42B
-20.96%1.06B
Total assets
13.57%3.64B
16.30%3.57B
10.13%3.49B
3.28%3.3B
-2.57%3.2B
2.71%3.07B
7.09%3.16B
12.22%3.2B
21.79%3.29B
16.05%2.99B
Liabilities
Current liabilities
Short term loan
282.51%175.72M
--197.48M
--96M
--147.55M
--45.94M
--0
----
----
----
--54.22M
Notes payable and accounts payable
52.66%57.21M
35.11%47.85M
256.75%121.6M
47.94%47.78M
7.63%37.47M
-35.31%35.41M
31.79%34.09M
-38.52%32.29M
-4.64%34.82M
267.23%54.75M
-Notes payable
----
----
--101.55M
----
----
----
----
----
----
----
-Accounts payable
52.66%57.21M
35.11%47.85M
-41.18%20.05M
47.94%47.78M
7.63%37.47M
-35.31%35.41M
31.79%34.09M
-38.52%32.29M
-4.64%34.82M
267.23%54.75M
Contract liabilities
-77.38%1.32M
78.90%2.53M
145.01%4.29M
-26.95%2.68M
5.38%5.85M
-6.81%1.41M
-28.20%1.75M
-76.04%3.67M
16.58%5.55M
-55.09%1.52M
Salaries payable
-19.34%5.28M
-15.59%10.4M
-10.10%6.05M
-10.17%6.36M
-11.54%6.54M
-2.36%12.32M
-12.67%6.73M
-5.51%7.08M
5.29%7.4M
-10.31%12.62M
Taxs payable
305.65%32.41M
568.68%18.78M
67.45%30.77M
-74.23%6.96M
-72.85%7.99M
-75.88%2.81M
-76.08%18.37M
-54.17%27M
-36.96%29.43M
-65.04%11.64M
Other payable (including interest and dividends)
252.65%13.85M
25.40%3.33M
-94.53%990.35K
-92.49%2.08M
2,022.13%3.93M
2,777.36%2.65M
24,338.53%18.12M
-15.28%27.65M
57.54%185.06K
98.85%92.23K
-Other payable
----
25.40%3.33M
----
-92.49%2.08M
----
2,777.36%2.65M
----
80,515.49%27.65M
----
98.85%92.23K
Non current liabilities due within one year
176.37%114.2M
177.25%114.53M
95.02%39.69M
105.63%39.52M
128.35%41.32M
244.93%41.31M
55.23%20.35M
48.77%19.22M
42.18%18.09M
-4.48%11.98M
Other current liabilities
-77.38%172.14K
29.01%236.9K
145.01%557.8K
-26.95%348.98K
5.38%760.86K
-6.81%183.64K
-28.20%227.66K
-76.04%477.71K
16.58%722.01K
-55.09%197.05K
Adjustment items of current assets
---0.01
----
---0.01
----
----
----
----
----
----
----
Total current liabilities
167.12%400.17M
311.17%395.13M
201.05%299.95M
115.74%253.28M
55.73%149.81M
-34.63%96.1M
-44.82%99.64M
-50.27%117.4M
-11.29%96.2M
86.88%147.01M
Current liabilities
Deferred tax liabilities
----
----
-96.39%3.42K
190.48%275.28K
1,340.61%1.37M
1,340.61%1.37M
-86.15%94.77K
--94.77K
-86.15%94.77K
-86.15%94.77K
Long term deferred income
510.83%25.23M
269.49%15.5M
-21.11%3.59M
-19.67%3.86M
-19.00%4.13M
-20.98%4.19M
-9.45%4.55M
-10.98%4.8M
-13.12%5.1M
-16.35%5.31M
Lease liabilities
-21.78%30.52M
-17.63%36.61M
-43.57%28.08M
-39.07%33.55M
-35.33%39.02M
-9.81%44.44M
625.26%49.75M
440.11%55.07M
346.95%60.34M
193.78%49.28M
Total non current liabilities
9.32%382.1M
30.50%378.46M
43.98%452.67M
-9.78%297.69M
4.17%349.52M
430.35%290M
2,402.27%314.39M
2,016.73%329.97M
1,573.12%335.54M
129.71%54.68M
Adjustment items of total current liabilities
--0.01
----
----
----
----
----
----
----
----
----
Total liabilities
56.66%782.27M
100.36%773.58M
81.78%752.62M
23.16%550.96M
15.66%499.33M
91.43%386.1M
114.39%414.03M
77.78%447.37M
235.98%431.73M
96.83%201.69M
Shareholders equity
Paid-in capital
0.00%120M
0.00%120M
0.00%120M
0.00%120M
0.00%120M
0.00%120M
0.00%120M
0.00%120M
0.00%120M
0.00%120M
Capital reserve funds
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
Surplus reserve funds
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
0.00%61.24M
Retained profit
11.98%1.41B
9.43%1.35B
-1.11%1.3B
-0.33%1.3B
-10.74%1.26B
-7.99%1.24B
-0.86%1.31B
13.18%1.31B
25.21%1.41B
30.47%1.34B
Other composite income
--260.62K
-108.01%-307.55K
---5.91M
--3.08M
----
--3.84M
----
----
----
----
Shareholders equity without minority interests
5.61%2.85B
4.20%2.79B
-0.74%2.73B
-0.05%2.75B
-5.32%2.7B
-3.72%2.68B
-0.41%2.75B
5.87%2.75B
11.08%2.86B
12.70%2.78B
Minority interests
----
----
--2.4M
--2.4M
----
----
----
----
----
----
Total shareholder equity
5.61%2.85B
4.20%2.79B
-0.65%2.73B
0.04%2.75B
-5.32%2.7B
-3.72%2.68B
-0.41%2.75B
5.87%2.75B
11.08%2.86B
12.70%2.78B
Adjustment items of liabilities and equity
----
----
----
---0.01
----
----
----
----
----
----
Total liabilityies and equity
13.57%3.64B
16.30%3.57B
10.13%3.49B
3.28%3.3B
-2.57%3.2B
2.71%3.07B
7.09%3.16B
12.22%3.2B
21.79%3.29B
16.05%2.99B
Currency Unit
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
Accounting Standards
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
Audit Opinions
--
--
--
--
--
Unqualified opinion
--
--
--
Unqualified opinion
Auditor
--
--
--
--
--
Rong Cheng Certified Public Accountants (Special General Partnership)
--
--
--
Rong Cheng Certified Public Accountants (Special General Partnership)
(Q3)Mar 31, 2025(FY)Dec 31, 2024(Q9)Sep 30, 2024(Q6)Jun 30, 2024(Q3)Mar 31, 2024(FY)Dec 31, 2023(Q9)Sep 30, 2023(Q6)Jun 30, 2023(Q3)Mar 31, 2023(FY)Dec 31, 2022
Assets
Current assets
Money funds 69.45%571.35M-3.76%263.59M65.06%541.03M-44.59%323.27M-12.75%337.18M-62.09%273.9M-43.34%327.78M27.79%583.39M104.73%386.48M122.12%722.59M
Transactional financial assets --18M1,013.39%275.74M-75.06%21.67M240.83%14.07M-----37.28%24.77M-51.50%86.88M-94.71%4.13M-58.03%89.73M-75.36%39.49M
Notes receivable and accounts receivable 4.77%94.94M645.37%48.51M-73.38%67.31M-44.51%61.3M-59.12%90.62M-20.36%6.51M-11.52%252.82M-36.30%110.48M-43.62%221.65M-96.88%8.17M
-Notes receivable 17.28%1.57M-40.43%1.82M-83.03%1.61M-79.53%1.94M-89.04%1.34M-56.78%3.05M52.80%9.5M-16.36%9.5M-15.25%12.23M63.04%7.05M
-Accounts receivable 4.58%93.37M1,249.80%46.69M-73.00%65.7M-41.22%59.36M-57.37%89.28M209.40%3.46M-12.95%243.32M-37.70%100.98M-44.71%209.42M-99.57%1.12M
Other receivables (including interest and dividends) 150.92%126.07M109.40%71.42M117.71%93.36M10.00%71.49M17.64%50.24M73.42%34.11M-29.49%42.88M23.22%64.99M-24.63%42.71M12.43%19.67M
-Other receivable ----109.40%71.42M----10.00%71.49M----73.42%34.11M----23.22%64.99M----12.43%19.67M
Advance payment -31.97%27.22M-27.58%8.26M0.67%8.65M86.40%17.18M32.83%40.01M72.93%11.41M-80.36%8.6M-59.72%9.21M4.68%30.12M-67.14%6.6M
Inventories 4.42%950.14M2.39%952.62M202.72%898.59M237.77%992.22M105.29%909.96M96.49%930.34M-7.07%296.84M-50.04%293.75M10.98%443.26M7.29%473.49M
Receivable financing -71.08%1.67M12.34%4.7M--3.87M--6.5M--5.79M--4.19M----------------
Non-current assets due within one year 605.93%376.54M337.15%233.17M-57.98%273.9M-58.69%273.69M-91.81%53.34M-91.81%53.34M--651.8M--662.5M--651.23M--651.23M
Other current assets 47,947.46%32.5M86.13%19.69M--20.73M251.63%24.85M-88.13%67.63K1,756.18%10.58M------7.07M770.52%569.95K105.24%569.95K
Adjustment items of current assets -200.00%-0.01--------0.00%-0.01--0.01-----------0.01--------
Total current assets 47.82%2.2B39.18%1.88B15.68%1.93B2.83%1.78B-20.29%1.49B-29.80%1.35B13.65%1.67B26.54%1.74B45.69%1.87B56.66%1.92B
Non Current assets
Fixed assets -----9.52%574.4M-----5.06%607.25M-----3.43%634.81M----24.38%639.61M----23.37%657.38M
Constru in process ----224.77%291.81M----124.85%146.41M----191.41%89.85M-----36.23%65.11M----9.41%30.83M
Intangible assets -2.84%96.27M-2.95%97.12M-2.23%97.98M-2.75%98.39M-2.84%99.08M-2.62%100.08M102.20%100.21M102.41%101.18M102.27%101.97M102.13%102.77M
Deferred tax assets 0.47%10.47M0.47%10.47M-91.89%544.4K-76.05%1.68M48.52%10.42M48.52%10.42M1,067.97%6.71M1,356.36%7.02M1,121.41%7.02M1,121.41%7.02M
Usufruct assets -11.95%48.62M-10.16%54.12M-30.77%45.18M-28.57%50.2M-26.67%55.22M2.05%60.24M244.58%65.26M218.06%70.28M198.17%75.3M107.76%59.03M
Other non current assets -56.68%355.47M-19.89%658.36M0.28%623.03M6.05%613.13M46.33%820.64M297.68%821.82M-20.10%621.3M-26.65%578.15M-26.14%560.82M-70.69%206.66M
Adjustment items of non current assets --------------0.01------------------------
Total non current assets -16.13%1.44B-1.67%1.69B3.95%1.56B3.81%1.52B20.70%1.72B61.44%1.72B0.62%1.5B-1.07%1.46B0.21%1.42B-20.96%1.06B
Total assets 13.57%3.64B16.30%3.57B10.13%3.49B3.28%3.3B-2.57%3.2B2.71%3.07B7.09%3.16B12.22%3.2B21.79%3.29B16.05%2.99B
Liabilities
Current liabilities
Short term loan 282.51%175.72M--197.48M--96M--147.55M--45.94M--0--------------54.22M
Notes payable and accounts payable 52.66%57.21M35.11%47.85M256.75%121.6M47.94%47.78M7.63%37.47M-35.31%35.41M31.79%34.09M-38.52%32.29M-4.64%34.82M267.23%54.75M
-Notes payable ----------101.55M----------------------------
-Accounts payable 52.66%57.21M35.11%47.85M-41.18%20.05M47.94%47.78M7.63%37.47M-35.31%35.41M31.79%34.09M-38.52%32.29M-4.64%34.82M267.23%54.75M
Contract liabilities -77.38%1.32M78.90%2.53M145.01%4.29M-26.95%2.68M5.38%5.85M-6.81%1.41M-28.20%1.75M-76.04%3.67M16.58%5.55M-55.09%1.52M
Salaries payable -19.34%5.28M-15.59%10.4M-10.10%6.05M-10.17%6.36M-11.54%6.54M-2.36%12.32M-12.67%6.73M-5.51%7.08M5.29%7.4M-10.31%12.62M
Taxs payable 305.65%32.41M568.68%18.78M67.45%30.77M-74.23%6.96M-72.85%7.99M-75.88%2.81M-76.08%18.37M-54.17%27M-36.96%29.43M-65.04%11.64M
Other payable (including interest and dividends) 252.65%13.85M25.40%3.33M-94.53%990.35K-92.49%2.08M2,022.13%3.93M2,777.36%2.65M24,338.53%18.12M-15.28%27.65M57.54%185.06K98.85%92.23K
-Other payable ----25.40%3.33M-----92.49%2.08M----2,777.36%2.65M----80,515.49%27.65M----98.85%92.23K
Non current liabilities due within one year 176.37%114.2M177.25%114.53M95.02%39.69M105.63%39.52M128.35%41.32M244.93%41.31M55.23%20.35M48.77%19.22M42.18%18.09M-4.48%11.98M
Other current liabilities -77.38%172.14K29.01%236.9K145.01%557.8K-26.95%348.98K5.38%760.86K-6.81%183.64K-28.20%227.66K-76.04%477.71K16.58%722.01K-55.09%197.05K
Adjustment items of current assets ---0.01-------0.01----------------------------
Total current liabilities 167.12%400.17M311.17%395.13M201.05%299.95M115.74%253.28M55.73%149.81M-34.63%96.1M-44.82%99.64M-50.27%117.4M-11.29%96.2M86.88%147.01M
Current liabilities
Deferred tax liabilities ---------96.39%3.42K190.48%275.28K1,340.61%1.37M1,340.61%1.37M-86.15%94.77K--94.77K-86.15%94.77K-86.15%94.77K
Long term deferred income 510.83%25.23M269.49%15.5M-21.11%3.59M-19.67%3.86M-19.00%4.13M-20.98%4.19M-9.45%4.55M-10.98%4.8M-13.12%5.1M-16.35%5.31M
Lease liabilities -21.78%30.52M-17.63%36.61M-43.57%28.08M-39.07%33.55M-35.33%39.02M-9.81%44.44M625.26%49.75M440.11%55.07M346.95%60.34M193.78%49.28M
Total non current liabilities 9.32%382.1M30.50%378.46M43.98%452.67M-9.78%297.69M4.17%349.52M430.35%290M2,402.27%314.39M2,016.73%329.97M1,573.12%335.54M129.71%54.68M
Adjustment items of total current liabilities --0.01------------------------------------
Total liabilities 56.66%782.27M100.36%773.58M81.78%752.62M23.16%550.96M15.66%499.33M91.43%386.1M114.39%414.03M77.78%447.37M235.98%431.73M96.83%201.69M
Shareholders equity
Paid-in capital 0.00%120M0.00%120M0.00%120M0.00%120M0.00%120M0.00%120M0.00%120M0.00%120M0.00%120M0.00%120M
Capital reserve funds 0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B
Surplus reserve funds 0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M0.00%61.24M
Retained profit 11.98%1.41B9.43%1.35B-1.11%1.3B-0.33%1.3B-10.74%1.26B-7.99%1.24B-0.86%1.31B13.18%1.31B25.21%1.41B30.47%1.34B
Other composite income --260.62K-108.01%-307.55K---5.91M--3.08M------3.84M----------------
Shareholders equity without minority interests 5.61%2.85B4.20%2.79B-0.74%2.73B-0.05%2.75B-5.32%2.7B-3.72%2.68B-0.41%2.75B5.87%2.75B11.08%2.86B12.70%2.78B
Minority interests ----------2.4M--2.4M------------------------
Total shareholder equity 5.61%2.85B4.20%2.79B-0.65%2.73B0.04%2.75B-5.32%2.7B-3.72%2.68B-0.41%2.75B5.87%2.75B11.08%2.86B12.70%2.78B
Adjustment items of liabilities and equity ---------------0.01------------------------
Total liabilityies and equity 13.57%3.64B16.30%3.57B10.13%3.49B3.28%3.3B-2.57%3.2B2.71%3.07B7.09%3.16B12.22%3.2B21.79%3.29B16.05%2.99B
Currency Unit CNYCNYCNYCNYCNYCNYCNYCNYCNYCNY
Accounting Standards CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)
Audit Opinions ----------Unqualified opinion------Unqualified opinion
Auditor ----------Rong Cheng Certified Public Accountants (Special General Partnership)------Rong Cheng Certified Public Accountants (Special General Partnership)

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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Tariff Storm Hits: Hedge with ETFs? Tariff Storm Hits: Hedge with ETFs?

The U.S. has sparked a tariff storm, triggering global market volatility. When the market fluctuates violently, more investment opportunities often appear. Compared with choosing individual stocks, investing in ETFs of the broader market can more easily capture opportunities for market reversals. Disclaimer: Among the U.S. stock market index ETFs: EFF, which is in the top 3 in terms of asset size among the fear index ETFs; the top 3 ETFs in terms of asset size among the S&P 500 index ETFs; and the corresponding leveraged ETFs; the top 4 ETFs in terms of asset size among the Nasdaq ETFs; and the top 3 ETFs in terms of asset size among the Dow Jones Index. This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. FUTU makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content. Instutional holding and portfolio information provided is based data in 13f filings. The composition provided is updated on a significant delay and may be incomplete. It is not possible to replicate the timing or exact holdings and portfolios. The U.S. has sparked a tariff storm, triggering global market volatility. When the market fluctuates violently, more investment opportunities often appear. Compared with choosing individual stocks, investing in ETFs of the broader market can more easily capture opportunities for market reversals. Disclaimer: Among the U.S. stock market index ETFs: EFF, which is in the top 3 in terms of asset size among the fear index ETFs; the top 3 ETFs in terms of asset size among the S&P 500 index ETFs; and the corresponding leveraged ETFs; the top 4 ETFs in terms of asset size among the Nasdaq ETFs; and the top 3 ETFs in terms of asset size among the Dow Jones Index. This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. FUTU makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content. Instutional holding and portfolio information provided is based data in 13f filings. The composition provided is updated on a significant delay and may be incomplete. It is not possible to replicate the timing or exact holdings and portfolios.

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