Core Insights - The core philosophy of the company is to explore objective laws in financial markets through a technology-driven approach, emphasizing stability and long-termism in investment strategies [1][2][5] Group 1: Company Philosophy and Approach - The founder of the company, with a background in theoretical chemistry, emphasizes the importance of curiosity about objective laws and a strong statistical foundation in quantitative investment [2][3] - The company has established a leading low-latency trading system and invests tens of millions annually in IT to maintain technological superiority [2][5] - The investment philosophy is centered around a multi-factor stock selection model, utilizing over 200 global data sources, including alternative data, to uncover investment opportunities [5][6] Group 2: Risk Management and Strategic Discipline - The company faced challenges during a downturn in the quantitative industry, which tested its strategic discipline and risk management practices [4][5] - A significant lesson learned was the importance of adhering to fundamental principles, as deviating from them led to missed opportunities and losses [5] - The company maintains a cautious approach to asset management, prioritizing strategy and talent development over rapid growth in assets under management [5][6] Group 3: Talent and Internal Governance - The company believes in proactive talent and technology investment, ensuring that team size and capabilities grow ahead of asset scale [6] - An attractive incentive system is in place to motivate research and investment teams, including profit-sharing and partnership opportunities [6] Group 4: Social Responsibility and Future Vision - The company is committed to social value, engaging in scientific donations and encouraging industry peers to participate in philanthropic efforts [7][8] - The founder expresses a vision for the company to become one of the top quantitative institutions in China, focusing on excellence rather than size [9]

Core Insights - The article highlights the investment philosophy and operational strategies of Mengxi Investment, emphasizing its focus on quantitative investment driven by technology and a commitment to stability and long-term growth [1][2]. Group 1: Investment Philosophy - Mengxi Investment is characterized by a philosophy of "observing" market rules rather than seeking the spotlight, with a strong emphasis on technical-driven investment strategies [1]. - The founder, Li Xiang, believes in the importance of curiosity about objective laws and the need for a growth mindset, viewing himself as a continuously optimizing model [1][2]. - The company has integrated AI into its investment research since 2019, establishing an AI Lab in early 2025 to enhance its modeling and deep learning capabilities [1][2]. Group 2: Risk Management and Strategic Discipline - During a downturn in the quantitative industry from late 2023 to early 2024, Mengxi Investment faced challenges that tested its strategic discipline, leading to a reassessment of its risk management practices [2][3]. - The company emphasizes the importance of maintaining strategic discipline and not deviating from its core principles, which has been crucial for its survival and growth [2][3]. - Mengxi Investment has developed a diversified strategy matrix and utilizes alternative data sources to uncover investment opportunities that traditional financial data may miss [2][3]. Group 3: Organizational Structure and Talent Management - The company prioritizes talent and technology development ahead of asset management scale, maintaining a ratio of talent to assets that supports its growth strategy [3][4]. - Mengxi Investment has implemented an attractive incentive system for its research team, including a commission-based structure and a partnership system to reward outstanding contributions [4]. - The founder emphasizes the importance of empathy in internal governance, ensuring that the core roles within the company consider the perspectives of employees [4]. Group 4: Social Responsibility and Future Vision - Mengxi Investment is committed to social value, engaging in scientific donations and encouraging industry peers to participate in philanthropic efforts [5]. - The company also invests in cutting-edge technologies, accepting short-term losses for long-term societal benefits, reflecting a commitment to responsible innovation [5]. - Looking ahead, Mengxi Investment aims to become one of the top quantitative institutions in China, focusing on excellence rather than scale, with aspirations for global influence [5].

年度重磅！券商研究界"最强阵容"，近50家主流券商研究负责人齐聚，共践绿色发展理念，共论可持续发展之道。 本次年会由云上文旅集团承办，感谢特别支持机构讯兔科技、工银瑞信基金，以及支持机构三羊马、远行中国。 近50家券商研究负责人齐聚，共探行业发展新思路 党的二十大擘画的"全面建成社会主义现代化强国"的目标下，金融作为经济"血脉"，正扛起服务实体经济、推动新 质生产力发展的重任。证券研究行业作为金融与产业的"超级连接器"，近年来持续发挥价值发现、资源调配功能， 引导资金流向科创前沿、绿色低碳等战略高地，为中国式现代化注入强劲动能。同时，面对资本市场改革浪潮与国 际格局调整，这一行业也站在了转型关键期，亟待破局立新。 7月2日，由证券时报社指导、新财富杂志社主办的2025新财富杂志券商研究年会在浙江省湖州市安吉县举行。 围绕"谱写绿色发展、共建美丽中国"主题，本次年会集结了中国证券研究界的最强阵容，来自近50家券商的研究负 责人齐聚安吉，覆盖全部主流券商研究所。 活动择址的安吉县，地处长三角地理中心，自2008年创新开展"中国美丽乡村"建设以来，取得了重大成就。绿色发 展是高质量发展的底色，新质生产力本身就是绿色 ...