The stock positions of Ruiyuan Fund's Fu Pengbo and Zhao Feng have been further increased, with Cambricon and Focus Media Information Technology respectively entering the top ten holdings for the first time.

On April 17, Ruiyuan Fund's star fund managers Fu Pengbo and Zhao Feng revealed the Q1 2025 report for their products. Compared to the holdings at the end of Q4 2024, the Ruiyuan Growth Value Mixed Fund managed by Fu Pengbo and Zhu Lin has significantly invested in Victory Giant Technology and Cambricon for the first time, and increased its holdings in TENCENT and Sinocare Inc., while reducing positions in CHINA MOBILE, Luxshare Precision Industry, and Contemporary Amperex Technology, among others. SUNNY OPTICAL and Shenzhen Capchem Technology exited the top ten holdings. Another star fund manager at Ruiyuan Fund, Zhao Feng, managing the Ruiyuan Balanced Value Three-Year Hold, has also significantly increased positions in Focus Media Information Technology, China Pacific Insurance A-shares, and Shanxi Xinghuacun Fen Wine Factory; while reducing positions in TENCENT, CHINA MOBILE, and Xiaomi Group, etc.; PICC P&C exited the top ten heavy holdings. Reporters from The Paper noted that the stock positions of both the Ruiyuan Growth Value Mixed Fund and the Ruiyuan Balanced Value Three-Year Hold have all increased. Among them, the stock position of Ruiyuan Growth Value Mixed has risen to the third highest level in history, while the Hong Kong stock position has also reached the highest level ever. (The Paper)