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China Internet Industry: Future Prospect and Investment Value of China Internet ETF(SH513050)In the future, Internet players will focus on three major directions: cultivating the first interval (volume efficiency), ambushing the second curve (expanding business) and finding incremental markets (expanding overseas). Combined with the three major tracks of Internet realization, an echelon of Internet steady state has been formed, and BTP (Byte, Tencent, Pinduoduo) will be in a relatively steady state pattern for a relatively long period of time.1. Industry changes and steady-state pattern

About the future development of Internet industry.China Internet Industry: Future Prospect and Investment Value of China Internet ETF(SH513050)China Internet ETF(SH513050) is the only fund that tracks the China Internet 50 Index, and its investment value cannot be ignored. The fund is dominated by industry leaders such as Tencent, Ali, Meituan and Pinduoduo. The strong strength and good performance of these enterprises provide strong support for the stable return of the fund.

2. Steady state of flow and commercial realization3. Changes in policy and market environment3. Layout of emerging scientific and technological fields