Core Viewpoint - Ningquan Asset, led by investor Yang Dong, announced the suspension of new investor subscriptions for all its funds starting October 30, 2025, citing operational needs [2]. Group 1: Company Overview - Ningquan Asset Management Co., Ltd. was established on January 9, 2018, with a registered capital of 20 million yuan [2]. - The company manages private equity funds with an estimated management scale of several hundred billion yuan, according to industry insiders [2]. - Yang Dong, the founder and actual controller, is well-known in the public fund industry for warning about market risks at high points in 2007 and 2015 [2]. Group 2: Investment Strategy - The company emphasizes a corporate spirit of simplicity, integrity, and stability, focusing on in-depth research of A-share and Hong Kong markets [3]. - Ningquan Asset aims to achieve substantial returns through effective risk control and by selecting value stocks based on social and economic trends [3].

Group 1 - Ningquan Asset announced the suspension of new investor subscriptions for all its funds starting from October 30, 2025, while existing investors can still make additional subscriptions [3] - The reason for this suspension is stated as "based on the company's investment management operations needs" [1][3] - Ningquan Asset, founded in January 2018, has a registered capital of 20 million yuan and manages assets estimated to be in the hundreds of billions [3] Group 2 - The founder and actual controller of Ningquan Asset, Yang Dong, is a well-known figure in the public fund industry, recognized for warning about market risks at high points in 2007 and 2015 [3] - Yang Dong has a strong educational background with a degree in Mathematical Statistics from Fudan University and an MBA, and has held significant positions in the finance sector, including General Manager of Xingquan Fund for 13 years [3] - The company emphasizes a corporate spirit of simplicity, integrity, and stability, focusing on in-depth research of A-share and Hong Kong markets to achieve substantial returns through value stock selection and effective risk control [4]

Core Viewpoint - Ningquan Asset announced the suspension of new investor subscriptions for all its funds, citing the need for investment management operations [2][3]. Group 1: Suspension of New Subscriptions - Ningquan Asset will suspend new investor "first-time" subscription applications starting from October 30, 2025, while existing investors can still make additional subscriptions [5][6]. - The company clarified that the suspension does not affect existing investors who wish to add to their investments, and the date for resuming subscriptions will be announced later [6]. Group 2: Company Background - Ningquan Asset, officially known as Shanghai Ningquan Asset Management Co., Ltd., was established on January 9, 2018, with a registered capital of 20 million yuan [6]. - The company manages assets exceeding 10 billion yuan, with industry insiders estimating its management scale to be in the hundreds of billions [6]. - Founder Yang Dong is a well-known figure in the public fund industry, recognized for warning about market risks at high points in 2007 and 2015 [6]. Group 3: Investment Philosophy - Ningquan Asset emphasizes a corporate spirit of simplicity, integrity, and stability, focusing on in-depth research of A-share and Hong Kong markets [6]. - The company aims to achieve substantial returns through effective risk control and by selecting value stocks based on long-term compounding growth [6].

Core Viewpoint - Ningquan Asset Management, a private equity firm, announced the suspension of new investor subscriptions for all its funds starting from October 30, 2025, while existing investors can still make additional subscriptions [1] Group 1 - The decision affects all funds managed by Ningquan Asset Management, halting new investor applications but allowing existing investors to add to their investments [1] - The firm will announce the date for resuming subscriptions for new investors in future communications [1] - The announcement is made to address the operational needs of the firm [1]