

Core Viewpoint - The article discusses the transition of Ding Luming, a prominent quantitative analyst from CITIC Securities, to the private equity sector by founding Shanghai Ruicheng Private Fund Management Co., Ltd. [2][11] Company Information - Shanghai Ruicheng Private Fund Management Co., Ltd. was established on April 21, 2025, and completed its registration as a private securities investment fund manager on July 14, 2025. The registered capital is 10 million yuan, and the company is located in Hongkou District, Shanghai [4][6]. - The company currently has 5 full-time employees, all of whom hold fund industry qualifications [5][6]. Ownership Structure - Ding Luming is the major shareholder, holding 51% of the shares, while the second-largest shareholder is Hainan Ruicheng Enterprise Management Center (Limited Partnership), which holds 49% [7][8]. Background of Ding Luming - Ding Luming holds a master's degree in financial mathematics from Tongji University and has 17 years of experience in the securities industry. He previously worked at Haitong Securities and CITIC Securities, where he served as the chief analyst in financial engineering and later as the executive general manager of the research and development department [8][10]. - During his career, he developed a "quantitative fundamental" research system and has been recognized for accurately predicting major trends and turning points in the capital market [10]. Strategic Vision - Ding Luming aims to create a professional team and establish a private fund management company that focuses on absolute returns through large asset allocation and timing strategies, utilizing economic cycle theories such as the Kondratiev wave [12][13]. - He expresses confidence in building a Chinese version of the "Bridgewater Fund" and plans to invest all his energy into this new venture [13].