HHTG(SH:600095) Jing Ji Guan Cha Wang·2025-12-07 17:27Core Insights - Xiangcai Securities' Jinze No.1 FOF asset management plan won the "Brokerage Asset Management Yinghua Product Demonstration Case (Five-Year FOF)" award for its outstanding long-term performance and stable risk-return profile [1] - The Yinghua Award is one of the most influential events in China's asset management industry, emphasizing products with leading asset management capabilities and long-term investment philosophies [1] Group 1: Product Performance - Jinze No.1, established on April 27, 2018, is the flagship product of Xiangcai's FOF series and has the longest duration among the company's FOF products [2] - Managed by Dr. Ni Wenlei, the product employs a multi-strategy approach combining long positions and quasi-fixed income strategies, aiming to capture market reversals and enhance returns [2] - Since its inception, Jinze No.1 has achieved a cumulative return of 85.34%, with a notable 30.13% return during Dr. Ni's management since June 26, 2023, reflecting an annualized return of 13.81% and a maximum drawdown of -9.98% [2] Group 2: Team and Management - The award reflects the overall investment management capabilities and professionalism of Xiangcai's asset management team, which has accumulated multiple advantages over time [3] - Established in February 2012, Xiangcai's asset management division focuses on professional asset management across the country, with a team averaging over 10 years of industry experience [3] - Dr. Ni Wenlei, a representative of the professional talent pool, has over 10 years of experience in the securities industry and specializes in quantitative model research and development [3] Group 3: Technology and Strategy - The company emphasizes the application of financial technology in asset management, utilizing big data, artificial intelligence, and machine learning to enhance investment decision-making and risk management [4] - As of the end of 2024, China's asset management industry is projected to exceed 140 trillion yuan, positioning Xiangcai as a significant player in wealth management and capital market resource allocation [5] - Xiangcai's asset management philosophy focuses on meeting client needs, with a comprehensive service offering that includes single asset management, collective asset management, and specialized asset management [5] Group 4: Product Diversity - The company offers a range of products, including fixed income, mixed, derivatives, and FOF, tailored to different risk preferences and client needs [6] - The "An" series focuses on bonds issued by local urban investment enterprises, while the "Qitai" series employs a quantitative strategy for superior performance [6] - Xiangcai aims to deepen its integration with the real economy and provide diversified, professional asset management services in the future [6]