This year, quantitative strategies have shone brightly. A seasoned source from the quantitative private equity sector remarked that a product failing to achieve a 40% return rate is deemed subpar. As of August 8, numerous private equity-backed quantitative stock selection strategy products have surpassed the 40% mark, encompassing both established multi-billion-yuan private equity firms and emerging institutions. Amidst the surge in stock indices, heightened market trading volumes, and soaring investor enthusiasm, institutional investors have reaped substantial profits. The success of these quantitative strategies can be attributed to factors such as the utilization of alternative data, the continuous mining of signals, and the comprehensive application of artificial intelligence. Notably, the 'all-market stock selection index enhancement' strategy and the small and micro-cap index enhancement strategy have distinguished themselves among the rest.