Core Insights - The company, Shangyin Fund, has achieved rapid growth by aligning with national strategic directions and focusing on supporting new productive forces, with total assets under management reaching 288.1 billion yuan and public fund assets at 251.5 billion yuan by Q3 2025 [1] Group 1: Investment Strategy - Shangyin Fund emphasizes a "value" and "growth" dual-track approach in its equity segment, focusing on long-term value preservation and identifying structural investment opportunities in high-dividend assets and strategic resources [3] - The company has established a comprehensive product line that includes fixed income, active equity, quantitative indices, FOF, and overseas investments, aiming to become a "solution service provider" and "quality investment tool provider" [2] Group 2: Product Development - The equity products have been expanded to include thematic funds such as advanced manufacturing and resource selection, as well as high cash flow enterprises and hard technology indices [5] - The fixed income segment has developed a three-tier strategy, focusing on basic income, enhanced returns through flexible allocation, and multi-strategy approaches to capture structural opportunities [4] Group 3: Research and Development - The company has built an integrated research center with specialized teams in macro strategy, industry research, credit evaluation, and quantitative analysis, enhancing decision-making support [6][7] - Continuous optimization of investment strategies and team collaboration is emphasized to improve research efficiency and adapt to market changes [7] Group 4: Market Outlook - Shangyin Fund believes that the Chinese stock market has entered a new phase of high-quality development, with ongoing trends in technology growth and emerging sectors such as low-altitude economy and quantum technology [8] - The company highlights the potential for resource-related assets to provide stable cash flow and long-term value due to geopolitical tensions affecting international supply chains [8]

中证报中证网讯（王珞）近日，中基协发布最新公募基金市场数据，截至2025年7月末，我国公募基金 资产净值已达35.08万亿元，彰显行业稳健发展的良好势头。正值A股上市公司"半年报季"收官，多家公 募基金公司的上半年经营情况通过其股东披露的中期报告陆续曝光。 随着市场持续回暖，多家公募基金公司延续强劲发展态势，展现出出色的盈利能力。据不完全统计，在 已披露上半年经营数据的公募基金公司中，至少有66家，其中57家上半年实现盈利；这57家公司里，25 家净利润同比实现两位数增长，银行系公募在其中占据不小比例。 当前，公募基金费率改革不断推进深化、投资者需求日益多元，行业竞争日趋激烈。在此背景下，如何 拓展投研广度与深度、提升长期投资能力、推动产品更好适配客户多元需求，已成为机构实现突围的关 键。 自成立以来，上银基金立足公募本源，坚守"投资者利益至上"原则，深化"平台化产品中心"与"一体化 投研中心"建设，着力打造高质量发展的精品基金公司。公司紧密围绕"金融五篇大文章"构建多样化、 标准化产品库，产品谱系已全面覆盖固定收益、主动权益、指数量化、FOF及海外投资等主流业务领 域，力争成为满足投资者需求的"解决方案服务 ...