长期主义深耕价值沃土 构建行业可持续发展生态

Core Viewpoint - The concept of long-termism is essential for the high-quality development of the asset management industry and reflects the core competitiveness of asset management institutions [1][3] Group 1: Investment Research Framework - The company has established a comprehensive research framework covering macro, industry, and individual stock analysis, integrating stock selection with industry trend assessment [1][2] - A systematic research model encourages fund managers to focus on long-term investments in high-quality companies with sustainable competitive advantages, rather than being constrained by short-term market fluctuations [1] Group 2: Collaborative Research Ecosystem - The company emphasizes a collaborative investment research ecosystem that integrates platform, mechanism, and talent, promoting high-frequency interaction, knowledge sharing, and complementary capabilities among fund managers [2] - This ecosystem fosters a culture of self-iteration and self-improvement among fund managers, encouraging them to objectively assess their performance and areas for improvement [2] Group 3: Talent Development and Succession - The company has implemented a "tiered" talent development mechanism to ensure the transmission and evolution of investment research philosophy, providing clear growth paths for fund managers [2] - Fund managers are encouraged to focus on their areas of expertise, avoiding style drift, while the investment research process emphasizes replicability, iterability, and verifiability [2] Group 4: Commitment to Long-termism - The company is advancing both active management and index investment, enhancing active portfolio excess returns through deep fundamental understanding while also providing tool-based products to meet diverse allocation needs [3] - The ongoing reforms in the public fund industry are steering away from "scale impulse" and "short-term performance anxiety," with a focus on deep research, disciplined investment, and team collaboration to create sustained value [3] - The company aims to continuously optimize its investment research processes, improve talent tiers, and strengthen risk control systems to deliver satisfactory long-term results for investors [3]