According to the CCTIME APP, on the evening of October 24, Fuguo Fund's well-known fund manager Zhu Shaoxing, who manages Fuguo Tianhui, disclosed the third quarterly report for 2024. As of the end of the third quarter, the scale of Fuguo Tianhui's selected growth managed by Zhu Shaoxing was 29.251 billion yuan, an increase of 2.31 billion yuan from the end of the second quarter. In terms of holdings, the top ten heavy stock positions of the fund in the third quarter saw changes in four positions: Contemporary Amperex Technology (300750.SZ), Sunresin New Materials (300487.SZ), Xinxiang Richful Lube Additive (300910.SZ), and Yealink Network Technology (300628.SZ) entered the top ten heavy stock positions. Midea Group Co., Ltd (000333.SZ) and Bank of Ningbo (002142.SZ) both increased their holdings. Yantai Jereh Oilfield Services Group (002353.SZ), Shenyang Xingqi Pharmaceutical (300573.SZ), Zhengzhou Coal Mining Machinery Group (601717.SH), and Shenzhen Mindray Bio-Medical Electronics (300760.SZ) exited the top ten heavy stock positions.

It is worth noting that at the time of the semi-annual report, Fuguo Tianhui had already held shares in Contemporary Amperex Technology, but the number of shares held was 2.65 million, ranking 21st among the heavy stock positions. It can be seen that Zhu Shaoxing significantly increased the holdings of Contemporary Amperex Technology again in the third quarter, with the number of shares increasing to 3.3 million.

From the disclosed third quarterly report, there was a small net redemption in the third quarter, with A/B class shares decreasing from 10.708 billion shares at the beginning of the period to 10.53 billion shares at the end, and C class shares decreasing from 0.765 billion shares at the beginning of the period to 0.751 billion shares at the end.

In terms of performance, the net asset value growth rate of the fund's A/B class shares in the third quarter was 10.43%, C class was 10.21%, with the corresponding benchmark returns for A/B class being 11.26%, and for C class being 11.26%.

Zhu Shaoxing stated in the third quarter report that under the current valuation, the dividend value style can still find better investment opportunities, and the quality growth style also has many investment opportunities. On the individual stock selection level, the Fuguo Tianhui fund prefers to invest in companies with good "business genes", well-structured corporate governance, and excellent management. Zhu Shaoxing believes that these types of companies are more likely to create value for investors in the future. Sharing the capital market returns brought by the company's own growth is the best way for growth funds to achieve returns.