Recently, the equity market has witnessed heightened volatility, with notable fluctuations in technology sectors such as AI and semiconductors, eroding investor confidence. Consequently, capital has started to reevaluate risks and returns, with a growing focus on products that can manage drawdowns and deliver long-term, stable returns. Since the start of this year, quantitative strategies have excelled in the 'fixed income plus' sector, emerging as a new growth area due to their strengths in disciplined investment, multi-asset diversification, and systematic risk management. According to statistics, the market scale of quantitative 'fixed income plus' products has surged to around 180 billion yuan, with leading fund firms and well-known quantitative fund managers making significant strategic moves. Looking forward, propelled by low-interest-rate environments and the need for asset reallocation, coupled with the maturation of the public quantitative investment ecosystem, the scale of quantitative 'fixed income plus' is anticipated to keep expanding. This trend will offer investors investment options characterized by manageable volatility and superior cost-effectiveness.