[Jinglin Asset announced a 100 million yuan self-purchase, and the tide of private equity self-purchase continues to heat up] On January 23, Jinglin Asset issued an announcement stating that based on its firm confidence in the long-term healthy and stable development of China's economic fundamentals and capital markets, the company will subscribe to Jinglin Value Fund (including sub-funds) within 30 trading days from the date of the announcement, with a total subscription amount of 100 million yuan. Jinglin Asset is the first private equity fund company to announce self-purchase in 2025. In fact, since 2024, private equity has set off a wave of self-purchase. According to data from Private Equity Ranking Network, as of January 23, 2025, a total of 17 private equity firms have issued 33 self-purchase announcements since 2024, with a total self-purchase amount of 843 million yuan. Speaking of the reasons for private equity self-purchase, Gao Anjing, fund manager of Mingze Investment, analyzed to reporters that since 2024, regulators have encouraged fund companies to share risks and benefits with investors through self-purchase and other means, and private equity institutions have responded positively. Analyzing from the results, private equity purchases are based on confidence in the market prospects, or based on their own investment strategies and in-depth research on specific industries, to make long-term investments in stocks with attractive valuations.
