Core Viewpoint - The article discusses the launch of the fourth "Fanghua Cup" Private Equity Growth Plan by Founder Securities and Securities Times, aimed at enhancing the long-term investment value of private equity institutions through comprehensive support and empowerment [2][4]. Group 1: Event Overview - The "Fanghua Cup" aims to address the core needs of private equity managers by providing full-cycle empowerment and multi-dimensional support to enhance brand influence, broaden funding channels, and improve operational management capabilities [2]. - Since its inception in 2022, the "Fanghua Cup" has successfully covered over 2,000 private equity managers, with more than 40 managers achieving substantial cooperation in product distribution, seed funds, and FOF investments [2]. Group 2: Strategic Goals - Founder Securities aims to create a comprehensive business service system covering the entire lifecycle of private equity institutions, transitioning from a "service system + quality-driven" phase to a "brand-driven" model [3]. - The ultimate goal is to establish a brand-driven competitive advantage with industry recognition, enhancing the service experience and loyalty of private equity institutions [3]. Group 3: Support and Resources - The event is supported by various institutions, including Beijing Fund Town and others, providing research support, capital introduction, and brand exposure to help private equity managers grow steadily in a complex market [4][5]. - Founder Securities has a robust infrastructure with 358 securities branches, 36 futures branches, and 24 regional subsidiaries, focusing on wealth management as its core business [4]. Group 4: Participation Standards - The "Fanghua Cup" has set strict admission criteria for participating institutions and products, requiring them to be registered with the Asset Management Association of China and have no significant violations [6][7]. - The event introduces a "Fanghua Club" membership system with three tiers (V1, V2, V3) to provide differentiated rights and support across the investment lifecycle [7]. Group 5: Registration Details - The registration for the fourth "Fanghua Cup" is open until March 31, 2026, with the event running until June 30, 2026, inviting various private equity management institutions to participate [9].

Group 1 - The private equity fund industry is experiencing accelerated differentiation due to deepening regulation and market volatility, with the professional capabilities and strategic innovation of managers becoming core competitive advantages [1] - The "Fanghua Cup" private equity growth plan launched by Fangzheng Securities aims to provide comprehensive support and services to help outstanding private equity institutions achieve high-quality development [1][8] - The "Fanghua Insights" column aggregates cutting-edge viewpoints and practical wisdom from private equity managers to offer investors forward-looking market analysis and strategy interpretation [1] Group 2 - The current A-share market is in a bottoming phase, supported by improving liquidity, with the central bank maintaining a loose monetary policy to enhance market liquidity [2] - The market is expected to experience further volatility in the second half of the year, which may benefit quantitative models for efficient position adjustments and trading execution [2] - A structural contradiction exists in the market, with some industries undergoing capacity reduction while others anticipate an end to this process, leading to a shift in wealth management preferences towards stable returns [3] Group 3 - The recent market rebound after a two-week correction shows resilience, with major indices returning to the upper range of their fluctuation zones [4] - The market is in a window period where macroeconomic risks are well understood, but there are limited signs of improvement, suggesting limited downside space for the market [4] - Investors are advised to focus on low-crowding configurations and be cautious of the mean reversion risks associated with overheated small-cap stocks [5] Group 4 - The domestic economy shows signs of marginal stabilization, with fixed asset investment data in consumption and infrastructure providing support signals [7] - The current liquidity environment remains loose, with short-term interest rates declining, indicating a potential strengthening of domestic government bonds [7] - Future market focus may shift towards specific policy measures to break the current low inflation environment and the potential impacts of changes in trade relations on capital markets [7] Group 5 - The "Fanghua Cup" private equity growth plan has attracted over 1,800 institutions since its launch, emphasizing Fangzheng Securities' commitment to providing multi-level financial services to private equity managers [8] - The company aims to deepen resource integration and strengthen industry collaboration to support private equity in achieving high-quality development amid market trends [8]