Core Viewpoint - The article highlights the establishment and performance of the "Juliang Junheng Fund," a technology-driven hedge fund founded in June 2021, emphasizing its strong quantitative investment capabilities and impressive returns in the private equity sector [1][3]. Company Overview - Juliang Junheng Fund was founded in June 2021 and focuses on technology and scientific computing to drive investments, with a current scale of approximately 400 million [1]. - The team consists of 12 members, with 8 dedicated to research and investment, all having an average of over 8 years of experience [4]. - The founder, Cheng Zhitian, has over 18 years of quantitative investment experience and previously managed public funds totaling 7 billion [5]. Performance Metrics - As of June 2025, Juliang Junheng Fund ranked in the top 10 for semi-annual performance among small and exquisite quantitative private equity funds, achieving an average return of ***% [1]. - The fund also ranked in the top 5 for new quantitative private equity funds and top 20 in the Shenzhen region [1]. - The fund's dynamic drawdown since inception is only 9.7%, indicating controlled risk while maintaining high returns [7]. Product Lines - The fund offers various products, including "Juliang Junheng Xiaowei Canghai No. 9," which focuses on timing and quantitative stock selection, aiming for absolute returns while controlling drawdowns [9]. - Another product, "Zhongzheng 500 Enhanced Index," has shown significant annualized excess returns [8]. Competitive Advantages - The founder's extensive experience in quantitative investment and previous accolades, such as the "Best Quantitative Active Fund" and "Best Enhanced Index Fund," contribute to the fund's strong performance [5]. - Risk control is emphasized as a core component of the company's strategy, leveraging the founder's background in public and insurance fund management [5].