Overall Performance - The average net value growth rate and maximum drawdown for mixed public wealth management products with a duration of 6-12 months over the past year are 4.3% and 1.53% respectively [5] - 71.17% of the products have a net value growth rate exceeding 3% over the past year [5] - There is significant performance differentiation among products, with Ningyin Wealth Management's "Ningyin Hongli Selected No. 1" leading at 23.45% net value growth, while Zhaoyin Wealth Management's product is at the bottom with -1.05% [5] - Overall, Ningyin Wealth Management has performed well, with three products achieving over 10% net value growth in the past year [5] Highlighted Product Analysis - Ningyin Wealth Management's "Ningyin Hongli Selected No. 1" is an equity-mixed product with a risk rating of four (medium-high risk) and a performance benchmark of 3.5% to 9.5% [6] - The product is open for subscription and redemption every working day, allowing investors to redeem after holding for 365 calendar days [6] - The investment strategy focuses on long-term valuable listed companies, prioritizing stable performance, high dividend willingness, and reasonable valuation [6] - As of mid-year, the product's asset management net value is approximately 115 million, with equity investments accounting for 66.41% [6] - Major holdings include China Hongqiao, Yongxin Co., and Midea Group [6]

Core Insights - The report focuses on the performance of mixed and equity financial products, highlighting their returns and risk metrics over the past year [1][2]. Group 1: Mixed Financial Products - The top ten mixed public products are concentrated among four financial companies: Hangyin Wealth Management, ICBC Wealth Management, Everbright Wealth Management, and Suwei Wealth Management [7]. - Everbright Wealth Management's "Sunshine Orange Quantitative Multi-Strategy No. 1" ranks first with a net value growth rate of 8.27% and a maximum drawdown of 2.96% [7]. - The second and third positions are held by Hangyin Wealth Management's two "Excellent Mixed" series products, which have similar return levels [7]. - The top product primarily invests in individual stocks, bonds, and ETF funds, with over 90% of assets managed through private equity plans [7]. - The product has experienced a net value increase of 4.48% in 2024, following a recovery in the A-share market after the 924 policy [7]. Group 2: Equity Financial Products - Huaxia Wealth Management and Everbright Wealth Management dominate the equity product rankings, with Huaxia's "Tiangong Index Products" taking seven of the top ten spots [14]. - The leading product in this category has surged nearly 50% over the past year, although it also faced a maximum drawdown exceeding 20% [14]. - Everbright's "Sunshine Red ESG Industry Selection" has also performed well, with a growth of over 25% in the same period [14]. - The recent expansion of equity public products has led to a total of 37 existing products, with additional products from Huaxia Wealth Management pending sale [15].