Group 1 - The core viewpoint emphasizes that the biggest risk in the market is valuation, and the resilience of the A-share market is attributed to negative expectations being fully reflected in stock prices [1][2] - The founder of Ruilian Jingchun, Xu Zhongxiang, believes that China's large population, high savings rate, and strong manufacturing competitiveness are key advantages for economic growth [3] - The company has adopted a dual strategy of fundamental quantification and multi-asset allocation to combat market volatility, with fundamental quantification being its core competency [4] Group 2 - The multi-asset allocation strategy has become a preferred choice for high-net-worth clients, ensuring returns through diversified investments across stocks, bonds, gold, and commodities [4] - The company has integrated fundamental quantification with trading enhancement strategies to improve product stability and capture intraday volatility [4] - The asset management market in China is expected to become the largest in the world, with equity assets likely to replace real estate as the core of residents' asset allocation [5]