The fund's positioning of "innovation" and "growth" is in line with the current economic environment: at present, China is in a period of economic transformation, and the economic model that relied on capital investment and inefficient repeated investment in the past is no longer sustainable. In the future, China's economic growth will be more driven by enterprise innovation, and national policies will give more support to innovation. In the future, a large number of listed companies will emerge in China, relying on independent innovation to become bigger and stronger. Therefore, investing in companies with innovation and growth potential is expected to achieve sustained excess returns.
Emerging growth industries will continue to receive attention during the year: before the release of the Twelfth Five-Year Plan, seven emerging industries have become the targets of capital pursuit. The 13th Five-Year Plan will be released in the fourth quarter. It is expected that emerging industries will still be the focus of planning, and growth companies are expected to perform well during the year. Now is a good time to get involved in innovation and growth.