该基金属于偏股混合型基金。截至1月22日，单位净值为2.302元。基金经理是王宁和陈亘斯。 AI基金长盛量化红利混合A（080005）披露2025年四季报，第四季度基金利润2267.90万元，加权平均基金份额本期利润0.0903元。报告期内，基金净值增长 率为3.98%，截至四季度末，基金规模为4.81亿元。 基金管理人在四季报中表示，从行业角度观察，红利质量与红利现金流覆盖有色、制造等表现较好的行业，而红利价值、红利低波中的银行、交运、食品饮 料表现均较差。从风格角度观察，受到三季度的科技主题与大盘成长共振向上以及成交放大的影响，市场的风险偏好持续改善并扩散，红利主题投资者也 从"避险为主"逐步转向"复苏预期 + 盈利改善"，红利质量指数中的高盈利、高增长属性的标的更受青睐。长盛量化红利基金2025年四季度以稳定的仓位运 行，积极调整组合的行业与风格，增配盈利质量较高且业绩较稳定的能支撑未来较高股息率的上市公司，同时减配盈利能力和质量可能恶化的无法持续高分 红的上市公司，保持组合的红利特性具有较强的前瞻性和延续性。 截至1月22日，长盛量化红利混合A近三个月复权单位净值增长率为2.90%，位于同类可比基金2 ...

Core Viewpoint - The AI Fund Guojin Hongli Quantitative Stock Selection Mixed A (024385) reported a profit of 4.2903 million yuan for Q4 2025, with a weighted average profit per fund share of 0.0116 yuan, indicating a stable performance in a challenging market environment [1] Fund Performance - The fund's net value growth rate for the reporting period was 0.74%, with a total fund size of 312 million yuan as of the end of Q4 [1] - As of January 23, the unit net value was 1.051 yuan, reflecting a positive trend in fund valuation [1] Fund Manager Insights - The fund manager, Ma Fang, oversees seven funds, with the Guojin Quantitative Multi-Factor A achieving the highest one-year cumulative net value growth rate of 70.06%, while the Guojin Quantitative Multi-Strategy A recorded the lowest at 49.44% [1] - The fund management indicated that during the reporting period, the fund was in a closed period at certain times, adhering to a steady investment rhythm driven by quantitative models based on market conditions [1] Top Holdings - As of the end of Q4 2025, the fund's top ten holdings included Agricultural Bank of China, Gree Electric Appliances, Nanjing Bank, Tangshan Port, Guangdong Expressway A, Shandong Expressway, Phoenix Media, Shanghai Electric, TBEA Co., and Anhui Expressway [1]

Group 1 - The State Intellectual Property Office of China has granted a patent to Zhuhai Gree Electric Appliances Co., Ltd. and Zhuhai Lianyun Technology Co., Ltd. for a technology related to "log sending methods, devices, computer equipment, and storage media" with the authorization announcement number CN119729432B, applied on December 2024 [1] - Zhuhai Gree Electric Appliances Co., Ltd. was established in 1989, located in Zhuhai City, primarily engaged in the manufacturing of electrical machinery and equipment, with a registered capital of 6,015.73 million RMB. The company has invested in 98 enterprises, participated in 5,000 bidding projects, and holds 5,000 trademark and patent information, along with 908 administrative licenses [1] - Zhuhai Lianyun Technology Co., Ltd. was founded in 2018, also located in Zhuhai City, focusing on software and information technology services, with a registered capital of 50 million RMB. The company has participated in 9 bidding projects, holds 4,607 patent information, and has 14 administrative licenses [1]

Group 1 - The State Intellectual Property Office of China has granted a patent for a "heat pump system and control method" to Zhuhai Gree Electric Appliances Inc. and Guochuang Energy Internet Innovation Center (Guangdong) Co., Ltd. The patent authorization announcement number is CN119554797B, with an application date of December 2024 [1] - Zhuhai Gree Electric Appliances Inc., established in 1989 and located in Zhuhai, primarily engages in the manufacturing of electrical machinery and equipment. The company has a registered capital of 6,015.73 million RMB. It has invested in 98 enterprises, participated in 5,000 bidding projects, and holds 5,000 trademark and patent information records, along with 908 administrative licenses [1] - Guochuang Energy Internet Innovation Center (Guangdong) Co., Ltd., founded in 2019 and also based in Zhuhai, focuses on internet and related services. The company has a registered capital of 100 million RMB. It has invested in 1 enterprise, participated in 13 bidding projects, and holds 485 patent information records, along with 9 administrative licenses [1]

Group 1 - The State Intellectual Property Office of China has granted a patent to Gree Electric Appliances (Wuhan) Co., Ltd. and Zhuhai Gree Electric Appliances Co., Ltd. for a device called "a stacking device and production equipment containing it," with the announcement number CN117326336B and application date of August 2023 [1] - Gree Electric Appliances (Wuhan) Co., Ltd. was established in 2010, located in Wuhan, primarily engaged in the manufacturing of computers, communications, and other electronic devices, with a registered capital of 100 million RMB [1] - The company has participated in 58 bidding projects and holds 2,105 patent records, along with 93 administrative licenses [1] Group 2 - Zhuhai Gree Electric Appliances Co., Ltd. was founded in 1989, located in Zhuhai, primarily involved in the manufacturing of electrical machinery and equipment, with a registered capital of approximately 6,015.73 million RMB [1] - The company has made investments in 98 enterprises, participated in 5,000 bidding projects, and has 5,000 trademark records and 5,000 patent records, in addition to 908 administrative licenses [1]

Group 1 - The State Intellectual Property Office of China has granted a patent to Zhuhai Gree Electric Appliances Co., Ltd. and Zhuhai Lianyun Technology Co., Ltd. for a method and device for equipment management, with the patent announcement number CN119892541B and an application date of December 2024 [1] - Zhuhai Gree Electric Appliances Co., Ltd. was established in 1989, located in Zhuhai City, primarily engaged in the manufacturing of electrical machinery and equipment, with a registered capital of 6,015.73 million RMB [1] - Zhuhai Gree Electric Appliances has invested in 98 companies, participated in 5,000 bidding projects, and holds 5,000 trademark and patent information records, along with 908 administrative licenses [1] - Zhuhai Lianyun Technology Co., Ltd. was founded in 2018, also located in Zhuhai City, focusing on software and information technology services, with a registered capital of 50 million RMB [1] - Zhuhai Lianyun Technology has participated in 9 bidding projects, holds 4,607 patent information records, and has 14 administrative licenses [1]

Core Viewpoint - Gree Electric Appliances (000651) announced on January 23 that as of September 30, 2025, the total number of shareholders will be 575,123. The company will fulfill its disclosure obligations in subsequent regular reports, such as the 2025 annual report [1]. Group 1 - The total number of shareholders for Gree Electric Appliances is projected to reach 575,123 by September 30, 2025 [1]. - The company commits to complying with legal and regulatory disclosure requirements in future reports [1].

Group 1 - The State Intellectual Property Office of China has granted a patent to Zhuhai Gree New Energy Electronics Co., Ltd. and Zhuhai Gree Electric Appliances, Inc. for "Electrolytic Capacitor Electrolyte and Its Preparation Method and Capacitor Using It," with the announcement number CN116153668B and application date of November 2022 [1] - Zhuhai Gree New Energy Electronics Co., Ltd., established in 1988, is primarily engaged in the manufacturing of computers, communications, and other electronic devices, with a registered capital of 126.18 million RMB [1] - Zhuhai Gree New Energy Electronics Co., Ltd. has made investments in 2 companies, participated in 45 bidding projects, holds 320 patents, and possesses 30 administrative licenses [1] - Zhuhai Gree Electric Appliances, Inc., founded in 1989, focuses on the manufacturing of electrical machinery and equipment, with a registered capital of 6015.73 million RMB [1] - Zhuhai Gree Electric Appliances, Inc. has invested in 98 companies, participated in 5000 bidding projects, has 5000 trademark records, 5000 patents, and holds 908 administrative licenses [1]

Group 1 - The State Intellectual Property Office of China has granted a patent titled "Navigation Method, Device, Electronic Equipment and Storage Medium" to Zhuhai Gree Electric Appliances Inc. and Zhuhai Lianyun Technology Co., Ltd., with the announcement number CN116007630B and application date in December 2022 [1] - Zhuhai Gree Electric Appliances Inc., established in 1989, is primarily engaged in the manufacturing of electrical machinery and equipment, with a registered capital of 6,015.73 million RMB. The company has invested in 98 enterprises and participated in 5,000 bidding projects, holding 5,000 trademark and patent records, along with 908 administrative licenses [1] - Zhuhai Lianyun Technology Co., Ltd., founded in 2018, focuses on software and information technology services, with a registered capital of 50 million RMB. The company has participated in 9 bidding projects and holds 4,598 patent records, in addition to 14 administrative licenses [1]

Core Viewpoint - The AI Fund, CITIC Securities Dividend Smart Selection Mixed A (016774), reported a profit of 744,600 yuan for Q4 2025, with a weighted average profit per fund share of 0.0216 yuan, and a net value growth rate of 1.12% for the period [4]. Fund Performance - As of January 22, the fund's unit net value was 1.223 yuan, with a total fund size of 30.8486 million yuan [4][16]. - The fund manager, Wang Peng, oversees 8 funds, with the highest one-year return of 47.34% for CITIC Securities CSI 1000 Index Enhanced A, while CITIC Securities Dividend Smart Selection Mixed A had the lowest at 7.38% [4]. Market Outlook - The fund management anticipates a transition from "repair-type growth" to "high-quality growth" in the Chinese economy, with increasing internal momentum [5]. - Key sectors expected to drive growth include artificial intelligence, high-end manufacturing, biotechnology, and advanced materials, supported by policy and industry developments [5]. - Consumer-related sectors are projected to experience moderate recovery due to improving income expectations and ongoing policy support, favoring companies with strong brand power and stable cash flow [5]. Fund Metrics - As of January 22, the fund's performance metrics include a three-month return of -2.74%, a six-month return of -3.82%, a one-year return of 7.38%, and a three-year return of 19.12%, ranking it within the respective peer groups [5]. - The fund's Sharpe ratio over the past three years is 0.6169, ranking 120 out of 383 comparable funds [10]. - The maximum drawdown over the past three years is 13.44%, with the largest quarterly drawdown occurring in Q3 2024 at 12.16% [12]. Investment Strategy - The fund maintained an average stock position of 89.82% over the past three years, with a peak of 93.32% at the end of Q1 2025 and a low of 67.38% at the end of 2022 [15]. - The top holdings of the fund include COFCO Sugar, Nanjing Bank, China Ping An, Agricultural Bank of China, Gree Electric Appliances, China Petroleum, China Construction Bank, Fuanna, Bank of Communications, and China Shenhua Energy [19].