Core Insights - The best-performing fund managed by manager Sun Bin in the second quarter of 2025 is the FuGuo RongFeng Two-Year Regular Open Mixed A (014449), with a net value increase of 10.58% [1] Fund Performance Summary - Sun Bin manages a total of 14 funds, with the following notable performances: - FuGuo Value Advantage Mixed A: 16.06 billion yuan, annualized return of 13.03%, and a quarterly increase of 9.47% [2] - FuGuo RongFeng Two-Year Regular Open Mixed A: 1.44 billion yuan, annualized return of 1.27%, and a quarterly increase of 10.58% [2] - FuGuo Dividend Mixed A: 6.39 billion yuan, annualized return of 3.02%, and a quarterly increase of 7.12% [2] Stock Trading Cases - Notable stock trading cases managed by Sun Bin include: - Honglu Steel Structure: Bought in Q1 2020, sold in Q3 2020, with an estimated return of 215.83% and a company performance growth of 42.92% [5] - Sany Heavy Industry: Bought in Q4 2019, sold in Q4 2020, with an estimated return of 91.49% and a company performance growth of 36.28% [6] - Zijin Mining: Bought in Q1 2024, sold in Q2 2024, with an estimated return of -57.48% despite a company performance growth of 51.76% [7] Fund Manager's Track Record - Sun Bin's cumulative return for FuGuo Value Advantage Mixed A during his tenure is 138.17%, with an average annualized return of 15.11% [2] - The fund has made 83 adjustments to its heavy-weight stocks, achieving a success rate of 69.88% with 58 profitable trades [2]