时间的勋章：高质量发展新格局下，诺安先锋荣获五年期金牛奖

Core Viewpoint - The article highlights the recognition of Nuoan Fund's Nuoan Pioneer as a leading fund in the context of the public fund industry's high-quality development, emphasizing long-term performance stability and investor satisfaction [1][5]. Group 1: Awards and Recognition - Nuoan Pioneer won the "Five-Year Open Mixed Continuous Excellence Golden Bull Fund" award at the "Reform and Reconstruction 2025 Public Fund High-Quality Development Conference" [1]. - The award reflects a revised evaluation standard that emphasizes long-term performance stability and investor experience in the public fund industry [1]. Group 2: Long-Term Performance - Since its inception on December 19, 2005, Nuoan Pioneer A has achieved a cumulative return of 1199.45%, significantly outperforming its benchmark of 363.55%, resulting in an excess return of 835.9% [2]. - The fund's long-term performance is attributed to the investment philosophy of its manager, Yang Gu, who focuses on value investing and risk control [2][3]. Group 3: Investment Strategy - Yang Gu employs a systematic stock selection methodology, emphasizing thorough industry research and cross-validation within the supply chain to identify companies with sustainable growth potential over 3-5 years [3]. - The investment strategy includes three core standards: focusing on difficult tasks to create high barriers, addressing user pain points to enhance stability, and operating in "blue ocean markets" to avoid price wars [3]. Group 4: Risk Management - Nuoan Pioneer maintains a prudent risk management style, emphasizing appropriate diversification and strict control of individual stock concentration to mitigate volatility [3]. - The fund's defensive capabilities are highlighted during market downturns, enhancing the investor experience [3]. Group 5: Organizational Support for Long-Termism - Nuoan Fund has established a comprehensive support system for long-termism, including a structured investment research culture and team development [4]. - The internal training mechanism ensures over 90% of fund managers are self-trained, promoting cultural continuity and strategy evolution [4]. Group 6: Future Outlook - The public fund industry is gradually forming a new pattern of high-quality development, with Nuoan Pioneer’s award symbolizing the effectiveness of ongoing reforms [5]. - Nuoan Fund aims to continue its commitment to long-termism, enhancing its investment research system and risk control to support sustainable wealth growth for investors [5].