Group 1 - The core viewpoint of the article is to track the performance of various active quantitative strategies developed by GuoXin Securities, focusing on their relative performance against the active equity fund median [2][3][6]. - The report includes four main strategies: Excellent Fund Performance Enhancement Portfolio, Super Expected Selection Portfolio, Broker Golden Stock Performance Enhancement Portfolio, and Growth Stability Portfolio [2][3][6]. Group 2 Excellent Fund Performance Enhancement Portfolio - This portfolio aims to outperform the median return of active equity funds by utilizing a quantitative approach based on the holdings of top-performing funds [7][36]. - As of this week, the portfolio's absolute return is -1.80%, with a year-to-date return of 25.03%, ranking in the 58.46 percentile among active equity funds [11][38]. Super Expected Selection Portfolio - This portfolio selects stocks based on the criteria of exceeding expectations and analyst upgrades, focusing on both fundamental and technical analysis [13][42]. - The portfolio's absolute return this week is -2.36%, with a year-to-date return of 41.40%, ranking in the 27.15 percentile among active equity funds [21][43]. Broker Golden Stock Performance Enhancement Portfolio - This strategy utilizes a stock pool from broker recommendations and aims to optimize the portfolio while controlling deviations in stock selection and style [19][44]. - The portfolio's absolute return this week is -2.34%, with a year-to-date return of 32.74%, ranking in the 42.32 percentile among active equity funds [22][45]. Growth Stability Portfolio - This portfolio employs a two-dimensional evaluation system for growth stocks, prioritizing stocks closer to their earnings report dates to capture potential excess returns [27][48]. - The portfolio's absolute return this week is 0.29%, with a year-to-date return of 54.37%, ranking in the 11.65 percentile among active equity funds [31][49].

Core Viewpoint - The report tracks the performance of various active quantitative strategies by GuoXin JinGong, aiming to outperform the median returns of actively managed equity funds, with a focus on four main strategies: Excellent Fund Performance Enhancement, Super Expected Selection, Broker Golden Stock Performance Enhancement, and Growth Stability Combination [2][3]. Group 1: Performance Overview - The Excellent Fund Performance Enhancement strategy had an absolute return of -0.28% this week and a year-to-date return of 27.54%, ranking in the 53.24 percentile among active equity funds [1][10]. - The Super Expected Selection strategy achieved an absolute return of 1.29% this week and 45.51% year-to-date, ranking in the 20.03 percentile among active equity funds [1][19]. - The Broker Golden Stock Performance Enhancement strategy reported an absolute return of 0.39% this week and 33.97% year-to-date, ranking in the 39.18 percentile among active equity funds [1][20]. - The Growth Stability Combination had an absolute return of -1.23% this week and 51.45% year-to-date, ranking in the 14.27 percentile among active equity funds [1][29]. Group 2: Excellent Fund Performance Enhancement - This strategy aims to benchmark against the median returns of actively managed equity funds, utilizing a quantitative approach to enhance performance based on the holdings of top-performing funds [7][34]. - The strategy has shown a historical annualized return of 20.31% from 2012 to mid-2025, outperforming the benchmark by 11.83% [37]. Group 3: Super Expected Selection - The strategy focuses on stocks with super expected events, selecting based on fundamental and technical criteria to build a portfolio that captures significant excess returns [40][41]. - It has achieved an annualized return of 34.49% from 2010 to mid-2025, outperforming the benchmark by 32.62% [41]. Group 4: Broker Golden Stock Performance Enhancement - This strategy leverages the broker's stock pool, reflecting both top-down industry analysis and bottom-up stock selection, aiming to outperform the ordinary equity fund index [42]. - The strategy has recorded an annualized return of 19.34% from 2018 to mid-2025, exceeding the benchmark by 14.38% [43]. Group 5: Growth Stability Combination - This strategy employs a two-dimensional evaluation system for growth stocks, prioritizing those closer to their earnings report dates to maximize excess returns [46]. - It has achieved an annualized return of 39.59% from 2012 to mid-2025, outperforming the benchmark by 34.73% [47].

Core Viewpoint - The report tracks the performance of various active quantitative strategies by GuoXin JinGong, aiming to outperform the median returns of actively managed equity funds, with a focus on four main strategies: Excellent Fund Performance Enhancement, Unexpected Selection, Broker Golden Stocks, and Steady Growth [2][34]. Group 1: Performance Overview - The Excellent Fund Performance Enhancement strategy had an absolute return of -0.63% this week and 0.73% year-to-date, ranking in the 54.34th percentile among active equity funds [11][6]. - The Unexpected Selection strategy achieved an absolute return of 0.12% this week and 9.36% year-to-date, ranking in the 15.71st percentile among active equity funds [12][9]. - The Broker Golden Stocks strategy recorded an absolute return of -0.28% this week and 4.97% year-to-date, ranking in the 30.18th percentile among active equity funds [22][15]. - The Steady Growth strategy had an absolute return of 0.46% this week and 15.45% year-to-date, ranking in the 7.41st percentile among active equity funds [23][24]. Group 2: Excellent Fund Performance Enhancement - This strategy benchmarks against the median returns of actively managed equity funds, utilizing a quantitative approach to enhance performance based on the holdings of top-performing funds [4][35]. - The strategy has shown a historical annualized return of 20.50% from January 2012 to December 2024, outperforming the benchmark by 12.36% [36]. Group 3: Unexpected Selection - The strategy focuses on stocks that have exceeded expectations, selecting based on both fundamental and technical criteria to build a portfolio of stocks with strong support [40][8]. - The annualized return for this strategy from January 2010 to December 2024 is 28.53%, outperforming the benchmark by 23.02% [41]. Group 4: Broker Golden Stocks - This strategy combines top-down industry analysis with bottom-up stock selection, aiming to reflect the core competitive strengths of brokerage research teams [44]. - The annualized return from January 2018 to December 2024 is 19.01%, exceeding the benchmark by 14.87% [45]. Group 5: Steady Growth - The strategy employs a two-dimensional evaluation system for growth stocks, prioritizing those closer to their earnings report dates to capture excess returns [49][50]. - The annualized return from January 2012 to December 2024 is 34.74%, outperforming the benchmark by 26.43% [51].

Core Viewpoint - The report tracks the performance of various active quantitative strategies by GuoXin JinGong, focusing on their ability to outperform the median returns of actively managed equity funds, with specific combinations showing varying degrees of success in absolute and relative returns [2][34]. Group 1: Performance Overview - The "Excellent Fund Performance Enhancement Portfolio" achieved an absolute return of 0.50% this week and 1.70% year-to-date, ranking in the 52.15 percentile among active equity funds [1][12]. - The "Super Expected Selection Portfolio" recorded an absolute return of 0.76% this week and 9.01% year-to-date, ranking in the 16.23 percentile among active equity funds [1][13]. - The "Brokerage Golden Stock Performance Enhancement Portfolio" had an absolute return of 0.53% this week and 6.00% year-to-date, ranking in the 26.78 percentile among active equity funds [1][23]. - The "Growth and Stability Portfolio" achieved an absolute return of 1.80% this week and 16.36% year-to-date, ranking in the 4.81 percentile among active equity funds [1][24]. Group 2: Strategy Descriptions - The "Excellent Fund Performance Enhancement Portfolio" is constructed by benchmarking against actively managed equity funds, utilizing quantitative methods to enhance performance based on the holdings of top-performing funds [4][35]. - The "Super Expected Selection Portfolio" selects stocks based on exceeding expectations and analyst upgrades, focusing on both fundamental and technical criteria to build a portfolio of stocks with strong support [9][39]. - The "Brokerage Golden Stock Performance Enhancement Portfolio" is based on a selection of stocks from brokerage recommendations, optimizing the portfolio to minimize deviations from the brokerage stock pool [18][44]. - The "Growth and Stability Portfolio" employs a two-dimensional evaluation system for growth stocks, prioritizing those with upcoming earnings announcements to capture potential excess returns [22][49]. Group 3: Year-to-Date Performance Comparisons - The "Excellent Fund Performance Enhancement Portfolio" has a year-to-date return of 1.70%, while the benchmark index has a return of 3.68% [6][36]. - The "Super Expected Selection Portfolio" has a year-to-date return of 9.01%, outperforming the benchmark index by 5.32% [14][40]. - The "Brokerage Golden Stock Performance Enhancement Portfolio" has a year-to-date return of 6.00%, exceeding the benchmark index by 2.31% [20][48]. - The "Growth and Stability Portfolio" has a year-to-date return of 16.36%, significantly outperforming the benchmark index by 12.68% [25][50].

Core Viewpoint - The report tracks the performance of various active quantitative strategies by GuoXin JinGong, focusing on their ability to outperform the median returns of actively managed equity funds, with specific strategies including "Excellent Fund Performance Enhancement Portfolio," "Expected Surprises Selection Portfolio," "Brokerage Golden Stock Performance Enhancement Portfolio," and "Growth Stability Portfolio" [2][3][19]. Group 1: Performance Overview - The "Excellent Fund Performance Enhancement Portfolio" had an absolute return of -3.35% this week and 2.06% year-to-date, ranking in the 60.77 percentile among active equity funds [1][7]. - The "Expected Surprises Selection Portfolio" achieved an absolute return of -1.97% this week and 6.75% year-to-date, ranking in the 27.36 percentile among active equity funds [6][8]. - The "Brokerage Golden Stock Performance Enhancement Portfolio" reported an absolute return of -2.03% this week and 4.12% year-to-date, ranking in the 43.96 percentile among active equity funds [12][10]. - The "Growth Stability Portfolio" had an absolute return of -2.32% this week and 7.11% year-to-date, ranking in the 25.48 percentile among active equity funds [13][14]. Group 2: Strategy Descriptions - The "Excellent Fund Performance Enhancement Portfolio" aims to outperform the median returns of actively managed equity funds by utilizing a quantitative approach based on the holdings of top-performing funds [19][21]. - The "Expected Surprises Selection Portfolio" selects stocks based on expected earnings surprises and analyst upgrades, focusing on both fundamental and technical criteria to build a portfolio [23][24]. - The "Brokerage Golden Stock Performance Enhancement Portfolio" leverages the stock pool identified by brokerage analysts, optimizing the selection to enhance performance relative to the ordinary equity fund index [26][27]. - The "Growth Stability Portfolio" employs a two-dimensional evaluation system for growth stocks, prioritizing those with upcoming earnings announcements to capture potential excess returns [29][30].