Group 1 - The core viewpoint of the article highlights a significant growth in the private equity market, with a total of 4,361 private securities products registered as of May 31 this year, representing a notable increase of 45.03% compared to the same period last year [1] - In May alone, the number of registered private securities products reached 870, showing a remarkable year-on-year growth rate of 77.19%, indicating a strong development momentum in the industry [1] - Equity strategies continue to dominate the market, maintaining an absolute leading position in the distribution of strategies among private securities products [1]