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报的优秀企业。在微观层面，我们感知到一批优秀的企业家致力于不断打磨产品，加强销售体系，从而更好的满足客户需求或者提供更及时的服务。这些一点一滴的努力最终会从量变到质变，在公司的财务上有更好的表现。","fund":{"_id":3000000160910,"stockCode":"160910","stockType":"fund","areaCode":"cn","followedNum":12,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2007-06-14T16:00:00.000Z","setUpScale":9865140000,"market":"a","tickerId":160910,"custody":"中国农业银行股份有限公司","name":"大成创新成长混合型证券投资基金(LOF)","shortName":"大成创新成长混合(LOF)(160910)","fundSecondLevel":"hybrid","__csrcFundId":162,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:15.172Z","masterFundFlag":1,"inceptionDate":"2007-06-12T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成创新成长混合(LOF)","pinyin":"dccxczhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"8801411329","stockType":"fund_manager","exchange":"fm","tickerId":80325150030,"name":"侯春燕"}]},"announcement":{"linkText":"大成创新成长混合型证券投资基金（LOF）2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1057384","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8937fea5b3eb0593283","date":"2023-09-29T16:00:00.000Z","stockId":3000000160910,"sao":"三季度国内大部分行业总体上仍然维持较为疲弱的态势，我们持仓的公司在经营过程中明显感受到了压力。但在此背景下上市公司股价的表现出现分化，总体上估值偏低且竞争力强的公司获取了较为明显的超额收益；估值较高、商业模式较为脆弱或竞争力有瑕疵的公司出现下跌。基于我们对持仓公司长期竞争力以及隐含回报率的评估，本季度重点持仓调整较少。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T14:26:27.670Z","fund":{"_id":3000000160910,"stockCode":"160910","stockType":"fund","areaCode":"cn","followedNum":12,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2007-06-14T16:00:00.000Z","setUpScale":9865140000,"market":"a","tickerId":160910,"custody":"中国农业银行股份有限公司","name":"大成创新成长混合型证券投资基金(LOF)","shortName":"大成创新成长混合(LOF)(160910)","fundSecondLevel":"hybrid","__csrcFundId":162,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:15.172Z","masterFundFlag":1,"inceptionDate":"2007-06-12T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成创新成长混合(LOF)","pinyin":"dccxczhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"8801411329","stockType":"fund_manager","exchange":"fm","tickerId":80325150030,"name":"侯春燕"}]},"announcement":{"linkText":"大成创新成长混合型证券投资基金（LOF）2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=991099","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8937fea5b3eb0593282","date":"2023-06-29T16:00:00.000Z","stockId":3000000160910,"sao":"本基金上半年总体仓位稳定，行业分布上相对均衡，主要集中在通信、交通运输、机械设备、消费和地产等行业。但持仓公司表现分化较大：其中表现较好的有通信企业，表现较差的有交通运输、地产和消费等相关公司。个别公司的回撤幅度较大，主要来自其自身经营在短期内遇到了一些挑战。但基于对这些公司长期竞争力以及隐含回报率的评估，持仓比例总体没有调整。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T14:26:27.667Z","mo":"在下半年，本管理人会继续寻找更好的投资机会。虽然宏观层面有各种挑战，但我们更关注产业规律和企业微观层面的竞争力打磨，期待企业在正确方向上的努力最终可以实现质的飞跃，从而能够为投资人带来更好的回报。","fund":{"_id":3000000160910,"stockCode":"160910","stockType":"fund","areaCode":"cn","followedNum":12,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2007-06-14T16:00:00.000Z","setUpScale":9865140000,"market":"a","tickerId":160910,"custody":"中国农业银行股份有限公司","name":"大成创新成长混合型证券投资基金(LOF)","shortName":"大成创新成长混合(LOF)(160910)","fundSecondLevel":"hybrid","__csrcFundId":162,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:15.172Z","masterFundFlag":1,"inceptionDate":"2007-06-12T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成创新成长混合(LOF)","pinyin":"dccxczhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"8801411329","stockType":"fund_manager","exchange":"fm","tickerId":80325150030,"name":"侯春燕"}]},"announcement":{"linkText":"大成创新成长混合型证券投资基金（LOF）2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=960438","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed8937fea5b3eb0593281","date":"2023-03-30T16:00:00.000Z","stockId":3000000160910,"sao":"本基金行业配置主要集中在通信、交通运输、化工、机械设备、消费和地产等几个行业。其中通信、交通运输在一季度表现相对较好，但其他几个行业内选择的个股总体未能取得明显收益。国内经济复苏的力度以及持续性、海外需求下滑的幅度均有待观察。面对宏观层面的不确定性，很难做精准的预判，也不够成为我们投资的主要决策依据。我们在自下而上研究过程中，会反复动态评估企业能力在长周期里的持续性以及现阶段市场定价是否公允。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T14:26:27.664Z","fund":{"_id":3000000160910,"stockCode":"160910","stockType":"fund","areaCode":"cn","followedNum":12,"blackenedNum":0,"status":"normal","exchange":"sz","fundType":"lof_etf","ipoDate":"2007-06-14T16:00:00.000Z","setUpScale":9865140000,"market":"a","tickerId":160910,"custody":"中国农业银行股份有限公司","name":"大成创新成长混合型证券投资基金(LOF)","shortName":"大成创新成长混合(LOF)(160910)","fundSecondLevel":"hybrid","__csrcFundId":162,"fundStatus":"normal","lastUpdated":"2026-05-01T06:36:15.172Z","masterFundFlag":1,"inceptionDate":"2007-06-12T16:00:00.000Z","fundCollectionId":4000050090000,"currency":"CNY","masterFundShortName":"大成创新成长混合(LOF)","pinyin":"dccxczhhxzqtzjj(lof)","lofFundFlag":1,"managers":[{"stockCode":"8801411329","stockType":"fund_manager","exchange":"fm","tickerId":80325150030,"name":"侯春燕"}]},"announc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