Venture(US:VEMLY) Zhong Guo Jing Ji Wang·2025-10-13 01:08Core Viewpoint - Technological innovation and entrepreneurship are crucial engines for driving high-quality economic development in China, with emerging industries like artificial intelligence, semiconductors, innovative pharmaceuticals, and robotics rapidly gaining momentum [1][2] Group 1: Fund Overview - The Huashang Science and Technology Innovation and Entrepreneurship Selected Mixed Fund (Fund Code: A Class: 019437 / C Class: 019438) was officially launched on October 13, 2025, focusing on "science and technology innovation + entrepreneurship" [1] - The fund manager, Liu Li, aims to identify high-quality companies in China's "double innovation" sector to help investors capture the growth dividends of technology innovation enterprises [1][2] Group 2: Investment Strategy - The fund will primarily invest in stocks from the Science and Technology Innovation Board and the Growth Enterprise Market, employing a "bottom-up" stock selection strategy that combines qualitative and quantitative research [2] - Liu Li emphasizes investing in high-growth companies that align with industry trends, focusing on market space, penetration rates, growth rates, and competitive barriers [2] Group 3: Manager Background - Liu Li holds a Master's degree in Science from Peking University and has 9.2 years of experience in the securities industry, including 5.3 years in research and 3.9 years in investment [3] - He adheres to an investment philosophy that prioritizes long-term growth in sectors with significant potential, while downplaying market timing [2][3] Group 4: Fund Performance and Management - Huashang Fund has been actively managing funds for 20 years and has received a 5A rating from Tianxiang Investment Advisors for its three-year comprehensive rating as of June 30, 2025 [3] - The fund's absolute return performance ranks third among 115 comparable companies over the past seven years, demonstrating its capability to create long-term value for investors [3]