长城基金成立24周年 | 笃行向新，逐光而上

Core Insights - The article highlights the resilience and positive trajectory of the Chinese economy in 2025, emphasizing the ongoing reforms in the capital market and the public fund industry transitioning from a focus on scale to one on returns [2][15] - It marks the 24th anniversary of Great Wall Fund, reflecting on its commitment to customer-centric and professional service [2][15] Investment Research - The company has strengthened its investment research capabilities, focusing on integrated, platform-based, and systematic research to maintain its core advantages in fixed income, technology, and growth investments [5][19] - In response to increased volatility in the bond market, the company has expanded its research scope and established collaborative research teams covering five core areas: interest rate, credit, convertible bonds, overseas markets, and product research [6][20] - The company aims to capture diverse investment opportunities in technology sectors such as new energy, new materials, semiconductors, biotechnology, artificial intelligence, defense, and healthcare [6][20] Product Development - The company continues to adhere to long-term, value-driven, and responsible investment principles, expanding its product matrix to meet diverse investor needs, including the launch of its first ETF [8][22] - As of September 30, 2025, the company has distributed over 55.5 billion yuan in dividends and served over 83.82 million clients, with fixed income funds ranking in the top 20% of the industry for one, two, and three-year returns [9][23] Investor Education and Social Responsibility - The company is committed to financial inclusivity, creating a diverse educational ecosystem to connect investors with the capital market through various online and offline initiatives [11][25] - It has launched programs to enhance financial literacy and social responsibility, including the "Great Wall Fund - Happy Music Classroom" project in Shaanxi, promoting cultural and educational initiatives [11][25]