Overall Performance - As of August 21, 2025, there are a total of 100 public mixed-asset products with investment cycles of 3 to 6 months that have been in existence for over 6 months. Among these, products from Ningyin Wealth Management, Xingyin Wealth Management, and others made it to the top ten, with Ningyin Wealth Management having three products listed and Xingyin Wealth Management having two [5]. Highlighted Product Analysis - The top three products have a yield exceeding 10% over the past six months, with Ningyin Wealth Management's two products ranking first and second, showing net value growth rates of 11.42% and 11.02% respectively. However, these products also exhibit relatively high maximum drawdowns and annualized volatility [6]. - The highest Calmar ratio is observed in the "Hengrui Ruiying Private Wealth 120-Day Holding" product from Industrial Bank Wealth Management, which has a one-year yield of 4.61% and a maximum drawdown of 0.87%. Xingyin Wealth Management's "Fuli Xinghe Evergreen Six-Month Open 3" also shows strong performance with nearly 10% yield and a maximum drawdown of only 2.90% [6]. - The top-ranked product from Ningyin Wealth Management is a level three (medium risk) bond-mixed product with a minimum holding period of 180 days. Since the beginning of 2025, it has achieved a price increase of 12.23%, with its share volume reaching 207 million by the end of June 2025, a sixfold increase compared to the end of 2024 [6][7]. Recent Position Changes - In the second quarter of 2025, the product reduced its holdings in highly liquid money market assets and increased its investments in bonds and public funds to enhance returns, maintaining an equity position of around 40%. The asset allocation as of the end of the second quarter includes 22.49% in cash and bank deposits, 28.83% in bonds, 42.68% in equity assets, and 6% in funds [7]. - The "Xinghe Huijing 1" product from Xingyin Wealth Management, ranked third, is a level four (medium-high risk) equity-mixed product with a six-month investment cycle. It has shown excellent performance in 2025, with a net value increase of 17.41% and an asset scale of 61.6138 million by the end of June 2025. The product has reduced its equity and public fund holdings while increasing its allocation to highly liquid assets and bonds [7].