1.中国孕育着巨大的机会/ China Offers Huge Opportunities
China's technological innovation capabilities continue to improve, strategic high-tech breakthroughs continue, and the international influence of basic research has greatly increased
2.新消费与消费升级/ New Consumption and Consumption Evolution
Since the reform and open-door policy, there have been three phases of consumption evolution in China, which has brought rapid economic development, and the consumption
structure has driven industrial transformation. The different stages of industrial transformation have produced respective outstanding companies, and they are constantly looking for
and investing in new great enterprises. For example, the traditional retail industry is closely integrated with the Internet, mobile payment and other information technologies, which
has spawned a large number of extraordinary enterprises, perfectly connected the retail business with end consumers, increased consumer welfare, and brought out new consumption.
Based on the understanding of the changes in the world economic structure and the adjustment of international and domestic benefit distribution patterns, combined with changes in
the development stages, prosperity and main business models of various industries, our investment targets is a search for companies that have undergone necessary tests and are
currently in a favorable position and have formed a visionary and executable strategy inspired from past performance, with excellent operation, and are currently operating in a good
condition, coupled with strong competitiveness, and a sustainable development planning.
These investment targets often conform to changes in the industry's competitive landscape and profound changes in the market environment, and can better balance the relationship
between the comprehensive profitability of the product portfolio and revenue growth, in the process of pursuing rapid development, it has kept a better comprehensive utilization
efficiency of assets while maintaining a dialectical relationship between better growth and financial security.
The fund intends to conduct an in-depth analysis of past profitability, asset utilization efficiency, and financial capabilities of these companies to reflect their business essence, study
the business model and financial capabilities, to find those with high financial quality and growth certainty with strong, clear growth paths, prudent financial models yet with reasonable
Research on industries and companies is the starting point and focus of our research, but we will also adopt certain technical analysis based on market conditions to verify whether
our views with the market are consistent.