Core Insights - The investment strategy focuses on selecting valuable small-cap stocks from the bottom up, avoiding sector bets and market rotations [1] - The current market volatility is attributed to high trading volumes and the overvaluation of certain popular sectors, leading to potential market corrections [2] - Small-cap stocks are viewed as a potential "safe haven" due to lower trading heat and the possibility of attracting more funds as market liquidity expands [2] Group 1: Investment Strategy - The company has launched small-cap strategy funds, emphasizing deep research and continuous tracking to select long-term growth potential stocks [3] - The strategy incorporates a contrarian approach, avoiding market hotspots and focusing on reasonably valued companies with good asset quality for long-term investment [3] - The core advantages of the strategy include long-term value assessment, effective volatility management, and differentiation in product offerings for investors [3] Group 2: Market Outlook - The market is expected to experience a divergence of opportunities and risks throughout the year, with small-cap stocks potentially offering excess return opportunities in the first half [2] - The investment team employs a combination of subjective research and quantitative models to evaluate companies across various dimensions, including business prospects and financial stability [4] - The company aims to provide high risk-return ratios and long-term stable excess returns by focusing on small-cap stocks as a strategic breakthrough [4]