低调许久后，幻方量化重新站到聚光灯下

Core Viewpoint - Quantitative private equity has evolved from being perceived as a cold trading machine to a highly industrialized and sustainable profit-generating system [2][20]. Group 1: Performance and Profitability - The latest allocation results for the Sci-Tech Innovation Board's new stock, Moer Technology, show that Huanshan Quantitative secured 61,300 shares, amounting to approximately 7.0059 million yuan, with an IPO price of 114.28 yuan per share [3][21]. - The stock reached a peak price of 941 yuan per share, leading to a single share floating profit of approximately 826.72 yuan, resulting in a total floating profit of nearly 50.68 million yuan, over 7 times the initial investment [3][21]. - Even with a more conservative median price estimate of 700 yuan per share, the floating profit would still exceed 5 times the initial investment, amounting to approximately 35.90 million yuan [4][22]. Group 2: Advantages of Quantitative Institutions - The advantages of quantitative institutions in the Sci-Tech Innovation Board's new stock subscription are amplified due to the alignment of rules with quantitative systems [6][24]. - Huanshan Quantitative utilized around 160 products for the subscription, while other firms like Jiukun Investment and Ruanfu Investment also deployed a significant number of products, showcasing the scale of participation [6][24]. - The key advantage lies not just in the number of products but in the ability of quantitative institutions to maximize rule efficiency, particularly in account diversification and precise fund allocation [8][26]. Group 3: Company Strategy and Market Position - Huanshan Quantitative has adopted a low-profile approach over the past two years, reducing management scale while maintaining its position among the top private equity firms [9][27]. - The firm has chosen not to compete on scale but has demonstrated a clear upward trend in the net value curve of its representative products this year, outperforming peers in the quantitative sector [12][30]. - The self-operated investment capacity of top quantitative institutions is significant, often enjoying higher strategic priority and flexible risk budgets, which are less affected by external pressures [13][31]. Group 4: Integration of Quantitative Investment and Technology - The combination of quantitative investment and DeepSeek represents a powerful narrative, showcasing both a highly engineered financial system and cutting-edge AI technology [15][33]. - This integration signals a strong capability in the Chinese market to deconstruct and stabilize complex systems, indicating a new expression of strength for Chinese investment institutions on the global stage [17][35]. - The consistent performance of Huanshan Quantitative, where substantial returns appear as a natural outcome of system operations, reflects the industrialization of profit generation in investment [17][35].