Group 1 - The core issue is that despite the Shanghai Composite Index rebounding to 3,800 points, 15 funds under Oriental Asset Management have negative returns since inception, with 12 of them being three-year holding period products, raising questions about the design of such funds [1][3] - Among the 55 three-year holding period products in the market that have recorded losses since inception, Oriental Asset Management accounts for 12, nearly one-fifth of the total, indicating a significant disparity between market recovery and fund performance [1][4] - The performance of these three-year holding period funds ranges from -3.61% to -37.93%, with five products experiencing declines exceeding 25%, highlighting a severe mismatch between the intended design and actual outcomes [3][4] Group 2 - Oriental Asset Management remains a key pillar for its parent company, Oriental Securities, which reported a revenue of 8 billion yuan in the first half of 2025, with wealth and asset management contributing 2.57 billion yuan, accounting for 32.01% of total revenue [5] - As of June 30, 2025, the total assets under management for Oriental Asset Management reached 233.8 billion yuan, an 8% increase from the end of the previous year, with public funds making up over 70% of this figure [5] - The newly launched Oriental Core Value Mixed Fund raised 1.99 billion yuan, but its performance has been disappointing, with returns of only 8.2%, lagging behind its benchmark and major competitors [5][8] Group 3 - The collective predicament of Oriental Asset Management's three-year holding period products reveals a misalignment between the original intent of the system and its actual effectiveness, leading to deep losses and erosion of investor trust [8] - The public fund scale of Oriental Asset Management is relatively small, ranking 41st in the industry with 178.9 billion yuan, compared to larger competitors like Huatai PineBridge, which has surpassed 1 trillion yuan in management scale [8]