Self-purchase of 20 million, large private equity firm launches the first self-purchase of the Year of the Horse
A well-known equity private fund recently launched the first self-investment of the Year of the Horse.
On March 9, Heyuan Fund issued an announcement, based on a positive outlook for the long-term development of China’s capital market and confidence in its own investment management capabilities, the company plans to use its own funds to invest 20 million yuan in its managed fund products within three months from the date of the announcement.
This move quickly brought Heyuan Fund into the market spotlight. As a private fund led by veteran public fund stars, why it launched a self-investment at this moment is also attracting much attention.
Three-Month Period, Full of Confidence
According to the announcement, the funds for this self-investment by Heyuan Fund are company’s own funds. The target for subscription is its managed fund products. The entire self-investment action will be completed within three months from the date of announcement.
At the same time, Heyuan Fund emphasized that this self-investment is based on a positive outlook for the long-term development of China’s capital market and confidence in its own investment management capabilities.
From the outside perspective,the 20 million yuan self-investment scale is rare in the private fund industry self-investment cases and indirectly reflects Heyuan Fund’s high confidence in its team and the current market.
Who is Heyuan?
Heyuan Fund enjoys considerable attention within the industry, primarily due to its team. Public information shows that the company’s team has years of experience managing both public and private funds, with key members coming from public funds, private funds, securities firms, and law firms.
General Manager and Fund Manager Guan Huayu has24 years of securities industry experience, formerly served as the Director of Equity Investment and the Director of Research at Bank of Communications Schroder Fund, and has a solid background in the public fund industry. Fund Manager Zhuang Yan has18 years of securities experience, Research Director Ding Jun has 24 years, and Fund Manager Ge Qiushi has 14 years. This team has experienced multiple bull and bear cycles, and has built an investment research system comparable to public funds, while incorporating the flexible mechanisms of private funds..
How do they see today’s market?
Just days before the self-investment announcement, Heyuan Fund’s official website releasedthe March 2026 latest monthly views, with several core investment research staff providing firsthand market interpretations.
In their views, Heyuan positively assessed China’s economic operations from a macro perspective; in the main industrial direction, Fund Manager Zhuang Yan believes the two directions of broad resources and broadAI remain unchanged, both showing strong performance realization abilities.The rapid development of domesticAI will gradually drive investment in the related industrial chain.Heyuan continues to focus its investment strategy on fundamentals and competitiveness, reinforcing supply-side barriers, and closely tracking annual and quarterly reports for performance verification, separating the real from the false.
Company founderGuan Huayu also emphasized that technological progress, geopolitical conflicts, and industrial chain restructuring are the long-term themes. Heyuan will closely follow core assets of the new era;
Judging from the latest views of Heyuan’s investment research team, they hold a relatively cautiously optimistic attitude towards the current market opportunities.
Risk Warning and DisclaimerThe market has risks, investment needs caution. This article does not constitute personal investment advice, nor does it take into account the individual user's special investment goals, financial situation, or needs. Users should consider whether any opinions, views or conclusions in this article suit their specific circumstances. Invest at your own risk.