Focus|当谈论“金融系统化服务新质生产力”时，他们在谈论什么？

Core Viewpoint - The article emphasizes the importance of "new quality productivity" as a driving force for long-term market growth, particularly in the context of China's capital market and technological innovation [1][5][7]. Group 1: Financial Services and Market Trends - The "Financial Services New Quality Productivity Development Conference" highlighted the role of financial systems in supporting technological innovation and industrial upgrades [1]. - The current macroeconomic environment suggests a gradual bottoming out, with a potential for a slow bull market driven by new quality productivity, particularly in AI and robotics, which are expected to open up a trillion-dollar market space [1][5]. - The asset management industry is transitioning towards high-quality development, with public funds expected to reach a new milestone by 2025 [2]. Group 2: Company Development and Strategy - Penghua Fund has crossed the 1 trillion yuan milestone in product scale, serving over 100 million individual investors and evolving into a comprehensive asset management giant [2]. - The company is transitioning to a platform-based and team-oriented model, emphasizing collaboration among fund managers to enhance investment strategies [9][10]. - Penghua Fund's investment strategy includes a focus on diversified asset matrices, including active equity teams, fixed income products, and index investment solutions [2][9]. Group 3: Investment Opportunities - The focus on new quality productivity includes significant investment opportunities in sectors such as AI, quantum information, and advanced robotics, as outlined in China's "14th Five-Year Plan" [5][6]. - The company is particularly optimistic about the growth potential in the robotics industry, which is expected to enter a phase of substantial production and market expansion [6]. - Investment in upstream sectors related to new energy and materials is also seen as promising due to global trade dynamics and supply-side reforms [6]. Group 4: Product Performance and Innovation - Penghua Fund's products have shown strong performance, with notable returns from various funds, including a 108.61% increase in the carbon neutrality theme fund and a 68.28% increase in the pharmaceutical technology fund [14][15]. - The company has developed a comprehensive range of fixed income products tailored to different risk preferences, ensuring a diversified offering for investors [16][17]. - The introduction of "solid+" products has gained traction, providing a variety of strategies and styles to meet diverse investor needs [17][18]. Group 5: Commitment to Long-term Value Creation - Penghua Fund emphasizes a long-term investment philosophy, focusing on companies that create incremental value exceeding their cost of capital [25][26]. - The company has established a robust internal training system for fund managers, fostering talent development and ensuring a stable investment style across various funds [26]. - The governance structure of Penghua Fund supports its long-term vision, ensuring stability and adaptability in a rapidly changing market environment [26].