The recent flood of headlines about domestic GPU and AI chip developments can be overwhelming.

You might be wondering: chip technology is highly specialized, and if I don't understand manufacturing processes or computing power specs, how does this market trend affect me personally? The answer is that it does matter, and the barrier to entry might be much lower than you expect.

On September 11, SuanYuan Technology listed on the STAR Market with an issue price of 142.18 yuan per share, corresponding to a market value exceeding 61.1 billion yuan. Combined with Moore Threads, MetaX, and Birentech which listed earlier, all four companies known as the "Four Little Dragons of Domestic GPUs" have now entered the capital markets within less than a year.

These four consecutive IPOs signal that market attention on domestic AI chips has entered a new phase. Two years ago, everyone focused on whether chips could be manufactured at all - similar to checking if a construction site could break ground. Whoever had advanced production capacity or was expanding output saw their stock rise first. Now, the market's focus has shifted: after production, whose chips can truly be sold and generate profits. This transition is like moving from asking "can this company build a building" to "after building it, can the company sell the units and collect payment."

This shift points directly to a crucial segment: chip design. Chip design companies are the ones responsible for producing the blueprints - turning algorithms, architectures, and market demands into functional chips. They stand closest to AI demand and are the first link to convert demand into orders and revenue. The financial results are already validating this trend. Take Hygon Information Technology as an example, which reported first-half 2026 revenue of 9.099 billion yuan and net profit attributable to shareholders of 1.798 billion yuan, representing year-on-year growth of 66.52% and 49.69% respectively.

If you are bullish on this direction but prefer not to research and bet on individual chip companies, there's a more convenient approach - focusing on an index that tracks chip design specifically. The SSE STAR Market Chip Design Theme Index selects companies from the STAR Market whose business involves chip design, creating a curated list that reflects the overall performance of this particular segment. The table below shows the current top ten holdings by weight in this index.

Table: Top 10 Constituent Stocks of the STAR Chip Design Index (Stock Name / Weight) - Hygon Information Technology 9.62%, Montage Technology 8.99%, Cambricon Technologies 8.75%, Biwin Storage Technology 7.25%, VeriSilicon Microelectronics 6.88%, Raysensing Microelectronics 5.68%, Shengke Communications 3.91%, Puxin Semiconductor 3.51%, Amlogic 3.37%, GigaDevice Semiconductor 3.03% (Data source: Index Express mini-program, as of August 31, 2026).

So even if you don't understand manufacturing processes or computing power, you can participate in the domestic chip rally with minimal effort through an index product - no technical knowledge needed to share in the industry's growth opportunities. For specific products, the E Fund SSE STAR Market Chip Design Theme ETF Feeder Fund (Class A: 027606, Class C: 027607) is available for subscription through the fund company's direct sales platform, banks, and internet channels.