嘉实基金总经理经雷：以投资者为中心 共赴新征程

Core Viewpoint - The company emphasizes its commitment to investor interests and the importance of a robust investment framework as it transitions towards high-quality development in the public fund industry by 2025 [3][6]. Group 1: Industry Growth and Transformation - The public fund industry has experienced significant growth, driven by investor confidence and market resilience, with a focus on technological advancement and industrial upgrading [3]. - 2025 is identified as a pivotal year for the public fund industry, marking a shift towards prioritizing genuine investor returns and implementing long-term assessment mechanisms [3][6]. - The industry is moving towards a model that emphasizes active counter-cyclical investment strategies and the introduction of new floating fee structures [3]. Group 2: Research and Product Development - The company is committed to integrating research, product development, investment, sales, and service to create a value loop centered on client interests [4]. - In 2025, the research team is expected to conduct over 1,600 in-depth investigations to enhance understanding of industry changes and identify long-term growth trajectories driven by technological progress [4]. - The product strategy focuses on creating comprehensive solutions that align with industry opportunities and client needs, ensuring quality management throughout the product lifecycle [4][5]. Group 3: Investment Practices and Market Services - Investment practices are anchored in a "platform-based, integrated, multi-strategy" research system, which aims to provide sustainable returns across various asset classes [5]. - The company is enhancing its market services to build trust with investors, offering a comprehensive support system that encourages long-term investment perspectives [5][6]. - In 2025, the company reported returns of 116.4 billion yuan across its public fund products, with over 220 distributions throughout the year, showcasing its competitive position in the industry [6]. Group 4: Future Outlook and Commitment - The company is poised to play a crucial role in the capital market as a core resource allocation hub, contributing to the enhancement of investor satisfaction and support for the real economy [6][7]. - The commitment to serving national development goals and the modernization of the financial sector is emphasized, with a focus on supporting technological independence and economic upgrading [7]. - The company aims to uphold its foundational principle of being investor-centric while actively engaging in the broader national development agenda [7][8].