Core Viewpoint - The article emphasizes the significance of small and medium-sized private equity firms in the industry, highlighting the performance and strategies of Nanjing Chiying Private Equity Fund Management Co., Ltd, which has shown impressive returns in the 0-5 billion scale category [3][4]. Company Overview - Nanjing Chiying Private Equity Fund Management Co., Ltd was established in 2007 and is located in Nanjing, Jiangsu. The company focuses on the futures market, advocating rational investment and emphasizing risk control while aiming for long-term capital appreciation [3][4]. Performance Metrics - As of the end of July 2025, Chiying Private Equity's products ranked in the top 10 for subjective private equity returns, with an average return of ***% from January to July [3][4]. - The "Chiying Jingcheng A Class Share" product achieved a return of ***% from January to August 2025, ranking second among subjective CTA products [3][4]. Core Team - The core team members possess an average of nearly 20 years of professional experience, showcasing their deep expertise in the field [6]. Investment Philosophy - The core investment philosophy is to avoid letting losses grow, emphasizing timely stop-loss measures and maintaining light positions. The firm believes that there are always opportunities in the market and focuses on long-term compounding returns [8][12]. Strategy and Products - The main strategy employed is a subjective CTA trend-following approach, which aims to capture complete trends and gradually amplify returns [9][12]. - The firm has successfully managed 15 products, with 12 of them achieving positive returns, indicating a robust performance track record [13]. Market Insights - The firm believes that despite rising gold prices, its value remains underestimated, and anticipates that the allocation of gold assets will gain broader recognition over time due to ongoing global uncertainties [13][15]. - The firm maintains a commitment to trend-following strategies, asserting that significant returns are often realized by those who steadfastly follow market trends [14][15]. Risk Management - The firm prioritizes risk management, stating that it would rather miss opportunities than amplify risks, ensuring that client interests are paramount [16].