November 12, 2025
In the undulating markets and society, what constantly changes are time and space; what does not change is human nature. Countless people and events flow on like a long river.
Zhongcai people are those who hold reverence for heaven and earth, who align with conscience, and who strive tirelessly for a happy life. This is our worldview, values, and outlook on life.
To build a successful enterprise and develop Zhongcai well, we must strive for truthfulness, reveal the truth, and pursue truth. We must not worship power, connections, or manipulation. Instead, we must practically respect time, respect business operations, and respect investment. This is the only bright, reliable, and sustainable path of development.
Respecting market judgment is closer to wisdom than merely following mainstream thought. Running an enterprise requires studying the market and targeting its needs. Only through quality and service, through innovation and experience, can we win customers' trust and genuine loyalty. All of Zhongcai's true, living capital lies in creating an endless cycle for society and the market through our own sincerity and creativity. Customer satisfaction, talent fulfilling its potential; capital flowing, enterprise profiting. This is Zhongcai's way of business.
For the sake of control, using any means will inevitably harm natural principles. For the sake of power, using any means will lead to madness. For the sake of money, using any means will fuel greed and self-destruction. For the sake of profit, using any means will result in deceit and fraud. For the sake of limelight, using any means will create pretense and mystification. For the sake of mere survival, using any means will lead to servility. Keep distance from nations that use any means, from enterprises that use any means, from people who use any means. Most importantly, dispel the thought of using any means. This is the essential way of Zhongcai.
In the market, things reach an extreme and then reverse; before the reversal comes an even greater extreme. In the market, before dawn, it is darkest; after darkness, there may be even greater darkness. When faced with major new technologies, the market often first overestimates the immediate future, then underestimates the long-term. Before the market improves, it often worsens first, and then true improvement may come. The market is not always efficient; just when everyone thinks it's inefficient, it becomes surprisingly efficient. Therefore, "simplicity is the result, not the starting point." The starting point of investment is always reading, reading, more reading; working, working, more working. Do not deceive yourself, do not be casual, do not be dismissive. Because your investment results are often proportional to the honesty embedded in your process of effort.
Doing investment is like farming: those who plow best understand the relationship between ants moving house, swallows flying low, and the coming storm. They best recognize the simple truths hidden behind natural phenomena like solar halos meaning rain, lunar halos meaning wind, and blazing sunset clouds. They focus on the crops' seasons and years, lunar terms, droughts, floods, and diseases, paying attention to cycles and trends. Then, content with their lot, they live well, safely and steadily, silently awaiting the harvest. Those who dance with every wind, beat drums and gongs, chase east and strike west, shouting loudly, superficial and insubstantial — these are generally masters of futile effort.
Making money through investment is definitely difficult. First, transform the difficult thing into something important; then turn the important thing into something actionable; finally, turn the actionable thing into a reliable, smooth, sustainable system — a viable asset allocation, an adjustable investment strategy, a balanced risk hedge, or even a manageable life arrangement. Let investment have a path to follow, allowing correct decisions, deep observations, and independent insights to emerge naturally. Let those decisions and new understandings aligned with the Way flow into the system in a state of simplicity, smoothness, ease, and leisure, earning what can be earned, earning what is able to be earned, earning the wisdom, composure, skill, and money that should be earned. This is the fundamental meaning of "The Great Way is supremely simple, yet endlessly generative."
(1) As long as you begin sincerely walking the path of revealing truth and pursuing truth, then you will receive empowerment and elevation from heaven, the valves of all kinds of resources will open for you, opportunities will twinkle like stars in the night sky, and ideas for wealth creation will roll in like waves.
(2) Building great roads destroys the Great Way. Political power is not equivalent to the motherland. The motherland is originally mountains and rivers, fields with cooking smoke, streams returning to their banks. Political power is all about eternal rule, glinting swords, seizing and sitting on power. "Political power is the power to rule, the power to suppress." Therefore, the ways of business and officialdom are like well water and river water, distinct from each other. "The analogy is not far-fetched; the Heavens are not mistaken." Investment can only focus on the market; never speculate on political power.
(3) Ignorance is a sin. Disguising ignorance as knowledge is evil. Knowing what one does not know is true knowledge. Admitting not knowing while knowing is a true person. "Investment is the honest realization of cognition." Investment results stem from honesty. Investment originates from philosophical contemplation, artistic sublimation, and financial derivation, akin to fine wine aged by time, painting applied on plain silk. Do not use the map of business operations to find the road for investment. The old tree and withered vine, I lose my ego; carefree and selfless, I point at the crows at dusk. Shatter forms, shatter forms, shatter the form of self; under a bright moon, with a tin staff flying, I venture to the ends of the earth. This is the essential way of Zhongcai Investment.
The above text is offered for reflection.
July 7, 2025
The market relies on confidence, management relies on trust, operations rely on credit, investment relies on conviction, and life relies on faith. Therefore, "Since ancient times, death comes to all, but without trust, the people have nothing to stand on."
Investment emphasizes major trends and broad patterns. Political stability enables trend stability. Economic stability enables pattern stability. Therefore, democratic systems and market economies are the foundational systems and crucial safeguards for investment.
In normal places, telling lies and empty talk requires courage. In abnormal places, telling the truth and honest talk requires courage. Do what one can do, is able to do, and should do, then entrust it to the market, to the Great Way, and to the Creator (as Zhuangzi said).
Investment is not about ideals; it is only about timing. Successful investors often endure great loneliness; their reward is making money manifold. Following the crowd often brings psychological comfort and little pressure, yet it certainly offers little help in making money. Use rationality to overcome inertia; use wisdom to replace cleverness. Kindness + Calmness + Clarity & Strength = The Invincible Benevolent Sword.
Seek the Way of one's own nature; self-verify the logic of mastery and integration. Do not keep company with rises and falls, do not bend for price differentials. Instead, travel companionably with the Way of things, walking calmly through multi-dimensional time and space, making decisions leisurely, investing with peace of mind, creating value for clients, and thereby realizing one's own life value. First, there must be the premise of research and tracking, then the investment capital that remains unmoved, then naturally giving rise to the intention to act when timing appears, and finally acting comprehensively and decisively. "This mind does not move; it moves in response to opportunity."
The market is most honest; therefore, those who invest must be most honest. Without an honest disposition, it is extremely difficult for you to get close to the market, understand it, interpret it, attribute causes to it, make a living in it, and win in it. Ability can only transform into capability through the blessing of kindness. Cleverness, only when accompanied by honesty, can grow into wisdom. The so-called sense of awe in investment is being in awe of the uncertainty of the future—the unknown; being in awe of the uncertainty of what one thinks one knows—partial knowledge. The risk of any investment is often only understood or recognized after you have formally committed to it. This is the inherently future-oriented, most essential attribute of risk.
Investment is a serious matter concerning wealth. Investment is an uncertain matter concerning the future. Investment is a game-like matter concerning winning and losing. For ordinary people in modern China, working or being employed can only be positioned as a subsistence lifestyle for basic living; it cannot rewrite life trajectories or achieve prosperity. If you want to outpace inflation, achieve financial freedom, and even cross social strata, then learning and being good at investment is the only way to change your personal destiny. Investment determines life. Investment determines the future.
Industry + Finance + Investment are the three legs of the Zhongcai Group's stool. Zhongcai has been, from beginning to end, steadfastly committed to developing the investment enterprise. Up to now, within the scope of the Zhongcai Group: Firstly, there are over a hundred investment village companies established with Zhongcai holding 90% and elite investment personnel participating with 10%. Secondly, we encourage and incentivize Zhongcai senior executives and investment elites to jointly establish over ten investment companies that are legally independent from Zhongcai. Thirdly, both domestically and overseas, we have arranged dozens of project investment accounts where talented young individuals with vision and ideas take full responsibility for real-market operations without personal capital contribution. The essence of all Zhongcai investment companies and accounts is independent investment, bearing profits and losses individually, striving individually, and pursuing development. Zhongcai is walking a path of investment that benefits the many, uses little guile, employs large systems, requires high cognition, and operates across multiple dimensions—a path of distinction and transcendence beyond the mundane.
The biggest problem in enterprise management is the lack of logic and defiance of logic. Good enterprise order is constructed and deduced through logic. Everyone manages themselves well. Everyone does their job well. Everyone lives out themselves. This constitutes the highest form of Zhongcai order. With order comes freedom; with freedom comes creation; with creation comes value; with value comes benefit; with benefit comes Zhongcai. This is Zhongcai's order determinism.
The Six Harmonies Pagoda of Zhongcai Investment: Wander at the edge of trends, breathe between rises and falls, attack and defend on events. Let trends grow over time; let events dissolve into rises and falls; let those who profit from price differentials become the ultimate force driving trend development. Wander with the Way. Be in harmony with the times. Harmony lies in diversity. Blend with the light and dust. Harmony generates wealth. Harmonize and become one.
The Hall of Enlightenment in Zhongcai Investment: Zhongcai's green earth, a bright moon illuminates the returning traveler. Spring's first stirrings on peach and willow branches, earth-shaking charm resides by the White Causeway. Why compare West Lake to Lady Xi? Lakes within lakes, causeways beyond causeways. The Causeway of Self-Knowledge. The Causeway of Understanding Matters. The Causeway of Inspiring People. The Causeway of Foresight. The Causeway of the Unseen.
Song of the Moonlight Courtyard (20250212): Ten miles of lotus flowers, brilliantly shining their splendor. For all loves, corners of the sea, ends of the earth. Vast wilderness, Land of Nothingness. Moonlight Courtyard, opens the window of enlightenment. Aspirations clear, the bell's sound pure and rising, beautiful lotus leaves endlessly sending fragrance afar. Alone, somber and dim; alone, muddled and dark. Lotus cup, wine muddled with vexation? Meeting under the moon, warm as spring. First recognizing your face with the east wind, paths warm in spring in the Village of Lady Xi. Cultured and refined, serene and composed, graceful and vibrant, straightforward and open, resounding and grand — The above text is offered for reflection.
November 27, 2024
Those skilled at discovering vulnerabilities in an enterprise are masters of management; those adept at unearthing the strengths of employees are masters of operations. People differ in values, insight, tolerance, and perspective. Overflowing emotions, arrogance of rationality — humans are not sages, there must be oversights. See oneself, see heaven and earth, see others. "For the self, restrain the self, perfect the self."
Efficiency discusses input and output; it is productivity. Effectiveness discusses influence and impact; it is a phenomenon. Benefit discusses outcome and result; it is essence. Only simplicity brings efficiency. Doing things right, doing them thoroughly, doing them well, perfecting them — simple matters, ordinary matters, daily matters — only thus can one move from the ordinary to the extraordinary.
Investors need a future-oriented mindset of actively fighting the next battle, not a hellish mindset of forever fighting the last battle. First have a self, then forget the self, intermittently become selfless, letting the mind wander to see the world, ponder life, and engage in investment.
Investors should focus on seeking the Way of their own nature and self-verifying the logic of mastery and integration. First, let go and be at ease, have fewer attachments; then, firmly choose the good and rely on conviction. Emphasize trends, timing, and cost. In selecting targets, emphasize trends. In implementing projects, emphasize timing. In maintaining projects, emphasize cost.
In investment, one must sometimes distinguish between a good business and a good trade; the former leans more towards investment, the latter focuses on speculation. Warren Buffett, George Soros, Howard Marks — each sticks to their own flavor, each achieves excellence in their own way, it's merely that "heroes see things differently." The methods and strategies of investment number in the thousands, yet there are no universally applicable killer moves; ultimately, they often depend on the individual's cognition, thinking, knowledge, character, and uniqueness. Those with both wisdom and courage may traverse bulls and bears.
Innovation. The innovation and risk-taking of the private economy are the nation's most important and precious assets. Demand is the market; desire is the universe. Business decisions and innovation can only rely on experience and intuition. Intuition is first and foremost true perception; it is a deep level of thinking and cognition, not a temporary feeling or perception. It is the sublimation and integration of comprehensive wisdom accumulated from a person's experience and knowledge to a certain degree — new thinking and high cognition that break conventions and transcend existing frameworks and structures.
Society. "Deceivers are all geniuses, capable of what others cannot." Deceivers are often highly respected elders and teachers, high-ranking leaders and authorities, and sanctimonious great friends. The deceived are often self-opinionated young talents, pedantic pioneers and exemplars, and self-deceiving clever and cunning people. Think independently, accept independently, bear responsibility independently, and enjoy independently. Four-dimensional independence may provide a hedge. However, monopoly over resources breeds more poverty and shamelessness. Monopoly over power breeds more brutality and cowardice. Monopoly over thought breeds more ignorance and folly. A society's sickness and fertile soil allow deceivers to thrive and emerge endlessly.
Market. A planned economy is a visible economy, a man-made economy, manifesting finiteness. A market economy is an invisible economy, a spontaneous economy, manifesting infiniteness. The market is not planned out by a certain organization or government; rather, it is an organic, three-dimensional economic state achieved through the interaction and fusion of the plans implemented by many free, autonomous, and spontaneous individuals. Within the market, there is no pre-designed plan intended to harm a particular individual, let alone a plan that can make someone succeed or become wealthy overnight. This is the market. The market is where everyone is self-interested, with no higher power controlling everything; seemingly chaotic, random, spontaneous, in the exchanges, alternations, communications, and transactions, there exists inexplicable order and patterns of economic form. The market is like a living organism, adapting, adjusting, repairing, and perfecting itself. The market is public opinion; money is votes.
Offered as reflection.
June 29, 2024
The market is a three-dimensional existence, dynamic and ecological, a natural product of subjective freedom. Without freedom, there is no market. Overcorrecting with excessive regulation often causes the market to lose vitality or even shrink. Stabilizing the market relies on stabilizing sentiment; stabilizing sentiment relies on stabilizing people's hearts; stabilizing people's hearts ultimately relies on stabilizing expectations. Therefore, stabilizing and managing expectations are the origin and focus of market operations.
Investment has nothing to do with responsibility and mission, let alone dreams and hope. Investment lies in interest and focus, in cognition and insight. Investment is essentially a game testing survival ability. Investors float or wander in the market, where traps and opportunities are everywhere; risks contain opportunities, opportunities hide traps. The key lies in whether you avoid the risks and traps and seize the opportunities and harvests. Those who mistakenly believe in the grand, loyal proclamations of generals are bound to be the first to fall as martyrs on the battlefield. Those who naively trust political correctness, grand national destiny, and the hypocritical personalities full of benevolence and righteousness in business are bound to face eternal damnation, leaving no trace.
Investment cannot be without fear; the key is not to be dominated by fear. Fear is not necessarily a bad thing; it is our inherent nature and basic skill for knowing how to avoid risks, survive, and establish endeavors. It is indispensable and precious. "The greatest skill of an investor is to evade risk and misfortune." However, overly clever investors, believing themselves absolutely correct, or imagining the uncertain future too deeply and widely, render themselves unable to be self-directed or extricated, thus walking to the opposite, worst side of fear. This is the essential content of fear.
Strictly speaking, doing investment is an investor's journey of discovery to find genuine, dedicated operators. One must first possess the disposition for independent thinking, then constantly remain vigilant, inquire carefully, boldly question or challenge, then synthesize and deduce their data and rationale, examine and evaluate the narrators of business stories with a mindset courageous enough to reveal truth, firmly believing that truth does not lie in others' announcements or propaganda but in one's own relentless inquiry and verification. Diligently identify hypocritical operators, distance from false-character operators, discover genuine, dedicated operators, then filter out mediocre and inferior operators, ultimately embracing wise and courageous operators, forming alliances and growing together.
Governing the company by the Way versus governing solely by power is the most critical watershed between Zhongcai's culture and secular companies. Operations most need true logic; cultivating the Way is the true knowledge of management. Sincerity + Truthfulness + Truth + Truth = The Essential Way of Zhongcai. Awaken each Zhongcai individual, set the heart right, uncover innate talents, live out oneself, whether early or late comers, inside and out, be dedicated and focused, do every task well, pursuing dreams is never late. Let Zhongcai products always focus on quality and service, each time with improvement and refinement, attentive to details, pursuing excellence eternally. Let Zhongcai customers always cherish our products and services, be sincerely convinced, speak of them with relish, be thrilled, making the Zhongcai brand like aged wine, gaining flavor over time. Let Zhongcai's sincerity, truthfulness, truth, and truth be everlasting, ascending step by step upwards.
The above text is offered for reflection.
November 25, 2023
The basic principle of running an enterprise is the economization of time and the integration of human, financial, and material resources. Reveal the Way to satisfy customers, reveal the Way to satisfy employees, reveal the Way to satisfy shareholders. Zhongcai's state is always calm and not impulsive, dutiful and not indulgent, advancing steadily and substantively, orderly and methodical.
Before the world, we are passing travelers. Before time, we are travelers passing. "You cannot judge a person by their appearance, nor measure the sea with a peck." To ensure Zhongcai has a tomorrow, employ talent without rigid norms. Do not refuse today's talent because of past minor rifts; do not disdain available talent because of external criticism; do not disparage eccentric or genius talent with personality and dissenting views because of one's own strengths.
The realm of selflessness, the awakening of no-self. Do oneself well, strengthen oneself in adversity. Eating porridge or rice depends entirely on innovation. Having nothing to rely on, only innovation remains. Zhongcai's industry needs innovation; finance and investment need even more innovation. Marketing innovation, management innovation, technological innovation, cultural innovation.
The Great Way is supremely simple; the Way of supreme simplicity lies in reduction. "In pursuing the Way, diminish daily, diminish and again diminish." Investment emphasizes a culture of reduction. The market thrives where there is water; exceptional people land only where there is treasure. Simplicity meeting ease gives birth; ease and simplicity bring strength and smoothness. Strength is the Qian hexagram, smoothness is the Kun hexagram. Qian's strength is heavenly timing, physical and mental health. Kun's smoothness is earthly advantage, contentment and adherence to constancy.
Facing an enterprise, operations are technical work, not power work. Facing a nation, economics is professional work, not political work. Political falsification is blowing bubbles. Economic falsification is boasting. Whether the situation is good or not, the market is most honest. "The weather today, ha ha ha," health maintenance tomorrow, ha ha ha. Ha ha again and again, if not awakened, then awakened by pain.
The former international metropolis, once colorful and blending East and West, Hong Kong, once it loses the halo of the Pearl of the Orient, will fall to be a brother in hardship with Shenzhen.
Discuss matters based on the matters themselves; discuss matters and reason. Like the Foolish Old Man moving mountains, pursue truth.
The above words are offered for reflection.
June 25, 2023
The life of humans, the death of humans, the beyond-human — the great compass of philosophy. Yang Guanghua suddenly passed away; a hundred bodies are not enough to redeem him. "Chirping yellow birds," returning, coming back — let me glimpse for a moment the beyond-human realm of the universe. Wherever human activity reaches, reflecting and explaining with reason and concepts essentially belongs to the realm of philosophy. The bodily self, the emotional-intentional self, the cognitive self, the virtuous self — in life's cultivation, see the higher self.
Empty talk misgoverns the country; struggle overturns the state. Two-point theory, two-faced, double-dealing. Politics first means power first. Economics prioritized means operations prioritized. Once sincere opponents are lacking, insincere followers will proliferate wildly. Reality says east-west; history says west-east. The dust of history, the starry sky of history. The confusion of the masses, seemingly chaotic. Humans cannot be deprived; will is valuable in oneself. Though a common man, I alone hold to the initial will. Walk the road ahead alone.
Creating value for customers, then realizing Zhongcai's value, is Zhongcai's eternal way of business. Zhongcai will not and cannot engage in state-like tax-imposing operations. Zhongcai does not boast, does not crave empty fame, does not do high-profile publicity, does not engage in profound, boundless grand theories. Zhongcai is like a gentleman in the business and industry world, always hiding its vessel within, waiting for the right time to act, encountering wind and rain, transforming into a dragon. Rising clouds, emitting dew, hiding its form, lurking within waves, flying between heaven and earth.
Value held in hand, sleeping embracing risk. Doing investment, starting from interest and happiness, deeply fascinated, then the moon will be clear and bright, spring warm and flowers bloom. Doing investment, have fewer expectations and hopes, focus on facts and data — only then can one step solidly, endure long, and go far. The market is a most civilized institution, letting the doomed die, the receding recede, the living live. The market takes law as the bottom line, rules as the foundation, inspiring the wise and courageous, elevating life and spirit, enriching life and utilizing resources, endlessly generating.
The above words are offered for reflection.
Another note on Yi Yi Lian Fund #2: From its commencement on December 1, 2022, to yesterday marks one year of operation. As of now, the net asset value of Zhongcai Yi Yi Lian #2 has reached above 2.50. To repay investors, an annual fund dividend is planned. 1. December 7 is set as the annual dividend record date; 2. Apart from retaining a maximum net value of 1.20, a high proportion annual dividend will be implemented for the rest; 3. Annual dividends will be paid solely in cash to distribute proceeds to investors promptly; 4. Those wishing to repurchase must do so during the fund's open subscription period; 5. The annual dividend record date is formally set as December 7 each year, constant and unchanged, postponed if a holiday. These dividend principles are hereby announced. For details, please refer to relevant announcements by Zhongcai Futures Co., Ltd., the asset manager of Zhongcai Yi Yi Lian Fund #2. 20231202
November 6, 2022
Human capability lies in summing up experience, learning lessons, imagining the future, and also using symbols, abstract thinking, leading to science, mathematics, art, and culture.
With a little freedom, the Chinese people achieved reform and opening-up. Marketization, entrepreneurial spirit, and centuries of accumulated Western technology converged into the greatest success of China's reform and opening-up.
Discuss matters based on the matters themselves, logical reasoning. Seek truth from facts, pursue truth. Making management a discipline, making operations a master skill, making investment wisdom — this is essential for Zhongcai.
Growth is tactic, not strategy. When the tactic of growth rises to the strategic level, enterprises often lose direction. Zhongcai's strategy always lies in enhancing intrinsic quality and improving profitability.
View matters from an outsider's perspective; immerse oneself in matters to handle them. From "seeing is believing" to "the heart seeing is believing"; from "hearing is truth" to "the heart hearing is truth." Truthfulness, truth, truth — essentials of management.
Investment should not be decided by gambling or wishful thinking; it should be decided by logic and patterns. Do not care about personal gain or loss, others' praise, or those who do not understand you. "Stopping before danger, knowing danger and stopping" — the Jian hexagram (Water over Mountain).
Only with conscience is there wisdom; without conscience, one can only sell cleverness. Only by changing past habits and acting according to common sense and patterns can one succeed and develop. The most foolish investment is habitual buying and selling.
Politics is about manipulating people, full of power plays. Economics is about managing things, it is technical. Industrial and commercial society relies on capital flow for livelihood and wins through innovation and creation. Let Zhongcai's capital flow; let Zhongcai people's creativity burst forth. Zhongcai's form is formless form.
The above words are offered for reflection.
June 23, 2022
Spiritual poverty, cognitive poverty, begins survival poverty, development poverty.
Respect the individual, put people first. Individual awakening is the source of all awakening wisdom.
Endured slander, endured inauspiciousness; established people, established Zhongcai. Away from the team for years, seemingly silent and still, actually ceaseless and unending.
There are no perfect employees, no utterly worthless employees — discover progress, affirm positively; appreciate with appreciative eyes, praise from time to time; acknowledge differences, respect differences; think from others' perspectives, understand and encourage; self-reliance and confidence, develop potential; promote their growth, cultivate excellence.
Only sincerity can open infinite time and space. Self-discipline, self-governance, confidence build self-reliance; true logic, rationality pursue truth.
Want face, but more importantly, substance; walk out Zhongcai's own path. Use ingenuity in matters, have more of the Way's heart with people. When the opportune moment hasn't arrived, lie in wait. When the moment arrives, strike decisively. Fierce and awe-inspiring, its desires pressing.
Being able to see others' shortcomings is an undefeatable ability; being able to discover others' strengths is a successful ability. Always be independent, always discuss matters based on the matters themselves. Better to flatter the kitchen god than the household god; flying high still requires landing on earth.
An honest heart is the beginning of goodness. A serious heart is the beginning of truth. A humble heart is the beginning of beauty.
Capital brings civilization. Capital materializes through technology, forming products and services. Technology realizes value through the market, fulfilling needs and value.
Any person or matter is a point in time and space. Mountains are high but not as high as people; people's height is actually the mountain's height. Do not mistake your own finitude for infinity. A pretending prophet is far worse than ignorance. Investment safety lies in knowledge ability, cognitive ability, thinking ability, dimensional ability, and systemic ability.
Hearing an old farmer say, a year of great abundance is often followed by a year of great drought. Build common sense based on past lessons; construct the present based on future trends. Actually, fools and swindlers pair up. If there were no fools, swindlers would have no future.
Human meaning lies in firm conviction, solving problems; perfecting the inner self, eliminating narrowness; returning to the origin, finding a way out; extraordinary, different from the ordinary. Enraptured, forgetting both self and object. Unity of heaven and human, concentration and dedication — the image of great achievement.
The above words are offered for reflection.
Finally, a postscript. The Yi Yi Lian Fund is operated personally by me with real trades. Inflation in European and American economies is fierce, the Fed talks tough and acts harshly on interest rate hikes, the European continent's Russia-Ukraine war variables are many, the Asia-Pacific region is unpredictable, world patterns around the Chinese Communist Party's 20th Congress are treacherous and uncertain, risks of instability and unrest sharply increase. The Yi Yi Lian Fund's six-month redemption period falls in mid-to-late October this year; locking the fund's full position in high-leverage Shanghai gold is timely. This announcement is to all, do not be moved by short-term fluctuations. Urgently. 20220703
Another note on Yi Yi Lian: Time has reached October. The Yi Yi Lian Fund's six-month redemption period will expire on the 15th. Zhongcai Futures Company, as asset manager, will arrange related redemption work. At the start of Yi Yi Lian Fund operations, due to excessive leverage used, it nearly faced liquidation under the Fed's tough talk and harsh rate hikes. To resolve the regulatory line violation, it was formally placed under my personal trading account at Zhongcai Futures for holding, ultimately ensuring principal safety and good returns for all. This announcement is to inform and reassure all. 20220930
November 25, 2021
Employers: the respect for talent, sincerity of respect, and intent of reverence towards team members determine the entire team's cohesion, dispersion, prosperity, and decline. Managers: their greatest ability lies not in controlling people but in activating people. Operators: their greatest capability lies not in grasping power but in finding patterns.
Stock investing is choosing to partner with enterprises and grow together with them. If you choose the right enterprise, time is your friend, and you will walk on the path to success; if you choose the wrong object, time becomes your enemy, and you will head in the direction of failure. Therefore, studying enterprises is the only way to invest in stocks. Whether "old trees grow new branches," "great destruction followed by great establishment," "adding flowers to brocade," or "spring renewing ten thousand mountains," this holds true both in China and abroad, without exception.
Running an enterprise, the value lies in upholding integrity while achieving the extraordinary; development is always the foremost task. Good enterprises excel at being optimistic and adapting to changes; they often cultivate excellent skills for development. Consolidating and building strength is always Zhongcai's way of development. Zhongcai flourishes in Zhongcai green, autumn charm fills the golden chrysanthemums. Zhongcai seems to welcome another round of good development opportunities. Our past development has always been based on operations and management, without historical burdens, without gambling or shortcuts, without pulling this and that. Therefore, Zhongcai is substantial and enduring, uniquely flavored, splendid yet fruitful, shining with its own light.
The vast earth, thousands of mountains, beautiful scenery. Dangerous peaks everywhere, heroes stumble. Faintly, hazily, the new era quietly arrives. Historical tides, waves surging. Rising here, falling there, inevitable by momentum. "Those who fly are not birds; those who dive are not fish." Nature and kingly way, try comparing which is higher. However, vast heaven and earth, "there is something nebulously formed." Nine lacks completeness, harmony makes one. One says: Scattering leaves, flying flowers, heaven and earth borrow methods. One says: Rolling development, advancing within capacity. One says: Heart upright, spirit calm, achieve victory through the extraordinary. One says: Join hands with the people, develop downwards. One says: Simple thoughts, most reliable. One says: Independent and unique, build civilization.
The above words are offered for reflection.
June 5, 2021
License Application. The complexity and difficulty of applying for major financial licenses are extraordinary; the landing points and blind spots of national policies are like seeing flowers through fog, bizarre and baffling. Zhongcai Group's Commercial Factoring emerged timely, establishing itself and providing valuable time and market opportunities for Zhongcai's financial branches to start anew. Zhongcai's application for major financial licenses thus becomes more calm and proactive. "Deep as the abyss, vast as the heavens," only with utmost sincerity under heaven can one break through gates, advance daily like a soldier, dripping water wears through stone — we will carry the license application through to the end.
Investment. The market is not necessarily efficient at all times and in all matters, yet beating the market is very difficult. Discovering value and creating value are inherent meanings of investment itself. "Old trees growing new branches" is one way of discovery; "great destruction followed by great establishment" is another; "adding flowers to brocade" is even more direct. Looking around, global liquidity is excessive, market mainstream sweeps up white horse leaders, choosing the fat to devour; "adding flowers to brocade" seems more straightforward and effective; following and crowding into group holdings becomes a new fashion in investment. New fashions often cause us to lose that sharp eye good at discovering problems, that smart brain good at thinking. Nothing new under the sun. The major players in socialism with Chinese characteristics are of this disposition; how could the fund giants of capitalism be of better nature? Everyone is drunk, I alone am sober. Facing the market's various forms, reflecting on the inner demons, can we instead focus on "old trees growing new branches," concentrate on "great destruction followed by great establishment"? Aiming for distant horizons is a man's affair. Let us bravely walk against the current for the scenery afar.
Reflections. (1) Mediocre views, selfish boundaries, are truly insufficient to plan for Zhongcai. (2) Transforming love into strength is nobility; transforming hate into strength is bravery. China lacks nobility, even more lacks bravery. (3) The more familiar the stock, the higher the investment safety margin. The more familiar the person, the lower the lending safety margin. (4) Good investment ideas often come from our life and knowledge. (5) Investment resembles first catching a snowball, throwing it, then chasing it, finally reaching rolling it. (6) Investment is most difficult, yet can be very simple. Precisely because simple, thus extremely difficult. (7) Reflect and self-correct, action brings auspiciousness. Establishing people, undertaking endeavors — the way of Zhongcai.
Finally, unbind oneself, distance from the mundane, indifferent to fame and fortune, perhaps drink wine and listen to songs, watch movies and shop, park by green mountains, stroll on hilltops, gaze at a bay of clear water, sit with a mountain of trees, discovering the beauty and goodness in one's own humanity, reclaiming one's own joy and interest, igniting passion and vision for the world, peaceful and serene, leisurely and carefree, living a simple, unadorned life, living sincerely and warmly.
The above text is offered for reflection.