Core Viewpoint - Huashang Fund has been awarded the "Active Equity Investment Golden Bull Fund Company Award" at the 2025 Public Fund High-Quality Development Conference, recognizing its commitment to active management and high-quality development, prioritizing investor interests and enhancing investor satisfaction [1][8]. Group 1: Award and Recognition - The Golden Bull Award is the first evaluation since the release of the "Action Plan for Promoting High-Quality Development of Public Funds," aligning with the regulatory emphasis on shifting from "scale" to "returns" and strengthening the binding of interests with investors [1][8]. - Huashang Fund has accumulated 34 Golden Bull Awards since its establishment in 2005, reflecting its long-standing commitment to active management and investor-centric principles [2][8]. Group 2: Performance Metrics - As of September 30, 2025, Huashang Fund ranked 3rd out of 141 in absolute returns for active equity funds over the past five years and 2nd out of 118 over the past seven years [5][12]. - For active fixed-income funds, Huashang Fund achieved 1st place out of 129 for the past five years and 1st out of 108 for the past seven years in absolute returns [5][12]. Group 3: Future Outlook - Huashang Fund aims to continue aligning with the high-quality development of China's capital market, focusing on deepening reforms centered on investor interests and maintaining a long-term value-driven active management investment philosophy [2][9]. - The company expresses hope that the Golden Bull Award evaluation will continue to drive innovation in evaluation systems and promote the emergence of more outstanding fund companies [9].

Core Viewpoint - Huashang Fund emphasizes "deep research" and "integrated investment research" to enhance its investment management capabilities, aiming to provide strong support for investors across market cycles [2][11]. Company Overview - Huashang Fund was established on December 20, 2005, with a registered capital of 100 million RMB and is headquartered in Beijing [2][4]. - The company is approved by the China Securities Regulatory Commission and offers professional financial services, including fund raising, sales, and asset management [2]. Investment Performance - The fund has a notable track record, with its actively managed equity funds ranking in the top ten for absolute returns over the past five years, achieving a return of 82.30% [7]. - Over the past seven years, the absolute return for these funds reached 121.79% [7]. - The actively managed fixed income funds have also performed well, ranking first in absolute returns over both five and seven years, with returns of 46.86% and 60.91% respectively [8][9]. Research and Investment Strategy - The investment research framework at Huashang Fund is designed to ensure deep collaboration and efficiency, allowing for real-time information sharing and rapid strategy optimization [11]. - The company encourages its researchers to become industry experts in their respective fields, ensuring that research directly informs investment decisions [11]. Team Structure - The investment team is structured into various departments, including equity investment, quantitative investment, multi-asset investment, and asset allocation, each focusing on specific investment strategies [12]. Awards and Recognition - Huashang Fund has received multiple accolades, including four "Golden Bull Fund Company" awards and numerous product awards, highlighting its strong performance and reputation in the industry [17][20].