As of the end of 2023, Fu Pengbo's latest management scale was 20.796 billion yuan. Information on heavy stocks of products managed by the company revealed that in the fourth quarter of 2023, the top ten major stocks were newly added to shares, increasing holdings of Guanghui Energy, Ningde Times, and Dongfang Yuhong; drastically reducing holdings of San'an Optoelectronics, China Mobile, and Lixun Precision, and reducing positions in Tongwei Shares, Wanhua Chemical, and Sannuo Biotech.
In the 4th Quarterly Report, Fu Pengbo said that looking ahead to 2024, it is likely that the profits of listed companies will bottom out and recover. Most industries have recovered their price/performance ratio after nearly 3 years of correction in valuation, and investment opportunities are more attractive. In the long run, industrial upgrading is the main driver of economic development, and improving the product power of local consumer brands is fundamental to expanding the domestic consumer market.
