On July 4, Yanjing Beer fell for six consecutive trading days, with a cumulative decline in the range of -6.40%. Beijing Yanjing Beer Co., Ltd., from 1980 to 1988, increased its annual output by 10,000 tons, completing the conversion of a small brewery to a medium brewery; from 1989 to 1993, it increased its annual output by 50,000 tons, completing the conversion of a medium brewery to a large brewery; from 1994 to 1998, it increased its annual output by 100,000 tons, completing the conversion of a large brewery to a large brewery group; from 1999 to 2013, it increased its annual output by more than 300,000 tons, completing the conversion of a Beijing local group to a national cross-regional group.

According to the financial report, Penghua CSI Liquor ETF, a subsidiary of Penghua Fund, is one of the top ten shareholders of Yanjing Beer, and has reduced its holdings in the first quarter of this year. The yield this year is -14.91%, ranking 2083 in the same category (total 2629).

The fund manager of Penghua CSI Liquor ETF is Zhang Yuxiang.

According to the resume, Mr. Zhang Yuxiang: Nationality China, Master of Engineering. He has served as a data analyst at the Software Center of China Merchants Bank (formerly Shenzhen Rongbo Technology Co., Ltd.); in March 2011, he joined Penghua Fund Management Co., Ltd., and has served as a senior financial engineer in the Supervision and Audit Department and a senior quantitative researcher in the Quantitative and Derivatives Investment Department. He has been engaged in financial engineering, quantitative research and other work. He is currently a fund manager in the Quantitative and Derivatives Investment Department. From September 2015 to June 2020, he served as the fund manager of Penghua Shanghai Stock Exchange Private Enterprise 50ETF Fund and its Connected Fund. From June 2016 to May 2018, he served as the fund manager of Penghua New Silk Road Graded Fund. From July 2016, he served as the fund manager of Penghua High-speed Railway Industry Graded Fund. From September 2016 to August 2022, he served as the fund manager of Penghua CSI 500 Index (LOF) Fund. From November 2016 to July 2020, he served as the fund manager of Penghua New Energy Graded Fund, from November 2016 to December 2020, he served as the fund manager of Penghua Belt and Road Graded Fund from April 2018 to December 2020, he served as the fund manager of Penghua Internet Graded Fund from April 2018 to December 2020, he served as the fund manager of Penghua Internet Graded Fund from May 2018 to August 2018, he served as the fund manager of Penghua Shanghai and Shenzhen 300 Index Enhanced Fund from May 2018 to August 2018, and from May 2018 to 202 In October 1, he served as the fund manager of Penghua Hong Kong Small and Medium Enterprises Index (LOF) fund manager, Penghua Steel Graded Fund from May 2018 to December 2020, as the fund manager of Penghua Iron and Steel Graded Fund from April 2019, as the fund manager of Penghua CSI Liquor ETF from July 2019 to August 2022, as the fund manager of National Defense ETF Fund from November 2019, as the fund manager of Penghua Hong Kong Bank Index (LOF) fund from December 2019 to October 2022.

Mr. Zhang Yuxiang has the qualifications to practice fund. He has served as the fund manager of Penghua CSI 800 Securities Insurance Trading Open-end Index Securities Investment Fund. From February 2020 to October 2022, he served as the fund manager of the Securities and Insurance ETF, and from March 6, 2020 to August 3, 2022, he served as the fund manager of Penghua CSI Media Trading Open-end Index Securities Investment Fund. From January 2021 to August 2022, he served as fund manager of Penghua CSI Media Index Securities Investment Fund (LOF). From January 2021 to January 2021, he served as the fund manager of Penghua One Belt One Road, and from January 20, 2021 to October 15, 2022, he served as the fund manager of Penghua CSI Bank Index Securities Investment Fund (LOF). From April 28, 2018 to January 20, 2021, he served as fund manager of Penghua CSI Mobile Internet Index Securities Investment Fund (LOF). On January 20, 2021, he served as the fund manager of Penghua CSI Liquor Index Securities Investment Fund (LOF). From July 15, 2016 to January 20, 2021, he served as fund manager of Penghua CSI High-speed Railway Industry Index Securities Investment Fund (LOF). From November 23, 2016 to January 20, 2021, he served as the fund manager of Penghua CSI Belt and Road Theme Index Securities Investment Fund (LOF). From August 24, 2021, he will serve as the fund manager of Penghua CSI Medical and Health Index Securities Investment Fund (LOF). From January 2021 to August 2022, he served as fund manager of Penghua ChiNext Index Securities Investment Fund (LOF).

From January 2021 to January 2021, he served as the fund manager of Penghua Guozheng Steel Industry Index Securities Investment Fund (LOF). Since July 2021, he has served as the fund manager of Penghua CSI Hong Kong Stock Connect Medical and Health Comprehensive Trading Open-End Index Securities Investment Fund, and since August 2021, he has served as the fund manager of Penghua CSI Hong Kong Stock Connect Consumer Theme Trading Open-End Index Securities Investment Fund. He served as the fund manager of Hong Kong Stock Technology ETF in December 2021, and as the fund manager of Traditional Chinese Medicine ETF in July 2022. From September 2016 to August 2022, he served as fund manager of Penghua Shanghai and Shenzhen 300 Index (LOF) fund. He has served as the fund manager of Penghua CSI National Defense Trading Open-end Index Securities Investment Fund. In November 2022, he served as the manager of Penghua CSI Traditional Chinese Medicine ETF Connection Fund and in May 2023, he served as the manager of Penghua CSI Hong Kong Stock Connect Consumer ETF Connection Fund. Mr. Zhang Yuxiang has the qualifications to practice fund.

According to information, Penghua Fund Management Co., Ltd. was established in December 1998. The chairman is Zhang Nasha and the general manager is Deng Zhaoming. Currently, Penghua Fund has 3 shareholders, Guosen Securities Co., Ltd. holds 50% of the shares, Italian Olisheng Capital Asset Management Co., Ltd. (SGR SPA) holds 49% of the shares, and Shenzhen Beirongxin Investment Development Co., Ltd. holds 1% of the shares.