Core Viewpoint - Mingyang Electric has experienced a significant decline in stock price, dropping 5.04% on November 21, with a total decrease of 13.88% over the past five days, indicating potential concerns regarding its market performance and investor sentiment [1]. Company Overview - Mingyang Electric, established on November 27, 2015, and listed on June 30, 2023, is located in Zhongshan, Guangdong Province. The company specializes in the research, production, and sales of power distribution and control equipment used in renewable energy and new infrastructure sectors [1]. - The revenue composition of Mingyang Electric includes: - Box-type substations: 53.70% - Transformers: 16.36% - Complete switchgear: 14.76% - Other: 13.51% - Additional (supplementary): 1.66% [1]. Fund Holdings - According to data, one fund from ICBC Credit Suisse Asset Management holds a significant position in Mingyang Electric. The fund, ICBC Lingdong Value Mixed A (010744), held 299,900 shares as of the third quarter, accounting for 2.4% of the fund's net value, making it the fourth-largest holding [2]. - The fund has incurred a floating loss of approximately 656,800 yuan today, with total losses of 2,099,300 yuan during the five-day decline [2]. - ICBC Lingdong Value Mixed A was established on December 25, 2020, with a current scale of 562 million yuan. Year-to-date returns are 19.76%, ranking 4004 out of 8136 in its category, while the one-year return is 14.33%, ranking 4611 out of 8056 [2].

编者按：近日，证监会《公开募集证券投资基金业绩比较基准指引（征求意见稿）》指出，基金管理人应当按照规定建立以基金投资收益为核心的考核体 系，充分体现基金产品业绩和投资者盈亏情况，建立健全与基金投资收益相挂钩的薪酬管理机制。 截至2025年11月19日，宏利价值长青A年内净值上涨15.64%。但成立5年多，该基金仍处于浮亏，净值累计下跌18.98%，跑输基准逾30个百分点。 根据2025年三季报，该基金的前十大重仓股中包括德昌电机控股、心动公司、泡泡玛特等。截至11月19日数据，基金新晋重仓股科达利、豪能股份四季度以 来股价下滑超过20%。 自2022年以来，宏利基金已历经多轮高管更迭，涉及董事长、总经理等核心职位。截至2025年11月19日，宏利基金在管的4只产品成立以来仍处于浮亏状 态，投资者利益深度受损。 宏利价值长青A：成立以来跑输基准超过30个百分点 宏利价值长青成立于2020年6月，基金投资目标为：本基金精选业绩稳定的优质企业进行长期投资，在严格控制风险的前提下，力求实现资产净值的长期稳 健增值。 基金业绩比较基准为：沪深300指数收益率*50%+中债综合指数收益率*30%+恒生指数收益率*20%。 ...

Fund Overview - The fund is named "Oriental Red Huiyu Bond Fund" and is a contractual open-end bond fund [12] - The fund has two classes of shares: Class A (code: 026055) and Class C (code: 026056) [12] Fund Management and Custody - The fund is managed by Shanghai Oriental Securities Asset Management Co., Ltd. and the custodian is Industrial and Commercial Bank of China [4][50] Fund Offering Details - The fundraising period is from December 2, 2025, to December 22, 2025, with a minimum fundraising amount of 200 million RMB [5][18][16] - The fund may extend the fundraising period by up to three months based on actual conditions [5][18] Subscription Process - Investors can subscribe through the fund manager's direct sales center or online trading system, with a minimum subscription amount of 10 RMB [3][21] - Investors must use the company's open-end fund account for subscription [8][21] Fee Structure - Class A shares incur subscription fees, while Class C shares do not charge subscription fees but have service fees deducted from the fund's assets [10][25] - The subscription fee for Class A shares varies based on the type of investor, with specific rates for pension clients [23] Risk and Investment Strategy - The fund aims for long-term stable growth of net asset value while strictly controlling investment risks [14] - The fund can invest in various securities, including asset-backed securities, stocks listed on the Hong Kong Stock Exchange, and stocks on the Science and Technology Innovation Board [7][8][9] Investor Eligibility - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by law [15] Fund Contract and Effectiveness - The fund contract will become effective once the fundraising conditions are met, including a minimum of 200 million shares and 200 investors [46] - If the fundraising fails to meet the conditions, the fund manager must return the funds to investors with interest [48]

登录新浪财经APP 搜索【信披】查看更多考评等级 重要提示 1、农银汇理创业板指数型证券投资基金（以下简称"本基金"）根据中国证券监督管理委员会证监许可 【2025】2536号文进行募集。中国证监会对本基金的注册并不代表中国证监会对本基金的价值和收益做 出实质性判断或者保证。 2、本基金为契约型开放式证券投资基金。 3、本基金自2025年11月24日至2025年12月12日，通过农银汇理基金管理有限公司（以下简称"本公 司"或"基金管理人"）的直销中心和代销机构公开发售，各销售机构具体业务办理时间以其各自规定为 准。 4、本基金募集对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、合格境 外投资者以及法律法规或中国证监会允许购买证券投资基金的其他投资人。 个人投资者指依据有关法律法规规定可投资于证券投资基金的自然人； 10、本公告仅对本基金募集的有关事项和规定予以说明。投资者欲了解本基金的详细情况，请详细阅读 2025年11月21日登载在本公司网站（www.abc-ca.com）上的《农银汇理创业板指数型证券投资基金招募 说明书》及《农银汇理创业板指数型证券投资基金基金产品资料概要》。投资 ...

Group 1 - The core point of the announcement is that Ping An Fund Management Co., Ltd. has signed a sales agreement with Jiangsu Bank, allowing Jiangsu Bank to sell certain funds starting from November 21, 2025 [1][5]. - Investors can open fund accounts and conduct subscription, redemption, regular investment, and conversion transactions through Jiangsu Bank starting from the specified date [1][2]. - The announcement includes details about the minimum investment amounts for regular investment plans, which will be determined by the sales institution based on the fund's announcement [2][3]. Group 2 - Investors will enjoy fee discounts when subscribing or regularly investing in the funds through Jiangsu Bank, with the specifics of the discounts determined by the sales institution [3]. - The announcement provides contact information for both Jiangsu Bank and Ping An Fund Management for investors seeking further details [4].

Group 1 - The core point of the announcement is that Ping An Bank will act as a sales agent for the fund products of Baoying Fund Management Co., Ltd. starting from November 24, 2025 [1] - Investors can open accounts, subscribe, redeem, and convert fund products through Ping An Bank, and will receive related after-sales services [1] - Detailed inquiries can be made through Baoying Fund Management's website and customer service, as well as Ping An Bank's website and customer service [1] Group 2 - The announcement is officially made by Baoying Fund Management Co., Ltd. on November 21, 2025 [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 公告送出日期：2025年11月21日 1、 公告基本信息 ■ 注：管理人在每个收益集中支付日起两个交易日内，根据公告分配方案，以现金分红的形式向投资者支 付收益。 2、与收益支付相关的其他信息 ■ 注：（1）本基金收益支付方式暂不包括红利再投，因此不存在收益结转基金份额的情况。 （2）本基金采用摊余成本法估值，并通过计算暂估收益率的方法每日确认各类金融工具的暂估收益。 基金每万份基金暂估净收益和7日年化暂估收益率，与分红日实际每万份基金净收益和7日年化收益率存 在差异，原因是银行存款估值时以成本列示，每日按照约定利率预提收益，直至分红期末按累计收益除 以累计份额确定实际分配的收益率，具体的差异金额以公司官网展示为准。 （3）投资者当日申购的基金份额应当自下一个交易日起享有基金的分配权益；当日赎回的基金份额自 下一个交易日起不享有基金的分配权益。 （4）本基金收益每月集中支付一次。如投资者的累计实际收益为负，则为份额持有人缩减相应的份 额。投资者赎回基金份额时，其累计未支付收益不一并支付，将在月度分红时支付。投资者解约情形 下，管理人将按照当期年化暂估收益率与同 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 基金管理人：招商基金管理有限公司 基金托管人：中国银行股份有限公司 登记机构：招商基金管理有限公司 重要提示 1、招商均衡配置混合型证券投资基金（以下简称"本基金"）的发售已获中国证监会证监许可〔2025〕 2071号文准予注册。 2、本基金类型为契约型开放式、混合型证券投资基金。 3、本基金的管理人为招商基金管理有限公司（以下简称"招商基金"或"本公司"），托管人为中国银行 股份有限公司，登记机构为招商基金管理有限公司。 4、本基金自2025年12月1日至2025年12月19日（具体办理业务时间见各销售机构的相关业务公告或拨打 客户服务电话咨询）通过销售机构公开发售。基金管理人根据认购的情况可适当调整募集时间，并及时 公告，但最长不超过法定募集期限。 5、募集规模上限 本基金首次募集规模上限为80亿元人民币（不含募集期利息，下同）。 基金募集过程中，募集规模接近、达到或超过80亿元时，基金可提前结束募集。 在募集期内任何一日（含首日），若当日募集截止时间后基金份额累计有效认购申请金额（不包括利 息，下同）合计超过80亿元，基金管理人将采取末日比例确认的方式实 ...

| 基金名称 | 长城元利债券型证券投资基金 | | | --- | --- | --- | | 基金简称 | 长城元利债券 | | | 基金主代码 | 023698 | | | 基金运作方式 | 契约型开放式 | | | 基金合同生效日 | 2025年11月19日 | | | 基金管理人名称 | 长城基金管理有限公司 | | | 基金托管人名称 | 中国建设银行股份有限公司 | | | 公告依据 | | 《中华人民共和国证券投资基金法》及相关配套法规、《长城元 | | | | 利债券型证券投资基金基金合同》、《长城元利债券型证券投资基 | | | 金招募说明书》 | | | 下属分级基金的基金简称 | 长城元利债券 A | 长城元利债券 C | | 下属分级基金的交易代码 | 023698 | 023699 | 中国经济网北京11月20日讯 今日，长城基金管理有限公司发布长城元利债券型证券投资基金基金 合同生效公告。 募集期间净认购金额5,250,675,192.68元，认购资金在募集期间产生的利息375.35元，募集份额合 计5,250,675,568.03份。 基金经理魏建2008年7月至2020年2月 ...

Core Viewpoint - The article discusses several noteworthy fund managers and their performance, highlighting their unique investment styles and the potential for future tracking by investors [4]. Group 1: Yang Shijin - Xingquan Multi-Dimensional Value - Yang Shijin has been managing Xingquan Multi-Dimensional Value since July 16, 2021, demonstrating strong investment capabilities with an 18.02% increase in 2021 despite market downturns [5][6]. - The fund has shown resilience during bear markets in 2022 and 2023, maintaining a single-year decline of around 10% [6]. - Yang's investment strategy includes a concentrated position in the electronics sector, with long-term holdings in stocks like Haiguang Information and Tencent Holdings [10][11]. Group 2: Wu Yuanyi - GF Growth Navigator - Wu Yuanyi is recognized for his balanced industry allocation and impressive performance, with the GF Growth Navigator fund achieving a 143.14% increase year-to-date as of November 17 [12][14]. - The fund maintains a maximum industry allocation of 20%, showcasing a diversified approach that has led to strong returns without heavy reliance on specific sectors [14]. - Wu's ability to rotate stocks effectively has contributed to the fund's success, even amidst a challenging market environment [15]. Group 3: Shen Cheng - Huafu New Energy - Shen Cheng has managed Huafu New Energy since December 29, 2021, achieving consistent excess returns relative to its benchmark despite the sector's overall struggles [18][20]. - The fund's annual returns from 2022 to 2025 have outperformed its benchmark, with a notable 76.76% increase in the latest year [20]. - Shen's investment strategy includes holding industry leaders like Ningde Times while also actively trading to capitalize on short-term opportunities [21][22].