Lingjun Investment wins the 2025 Billion Private Equity Champion with a return of 73.51%;

Runner-up Yuanxin Investment employs a subjective long strategy, with a 2025 annual return of 72.05%;
Third place Fusheng Asset has an annual return of 70.57%, using a subjective long strategy.
In terms of return distribution, among the 75 billion private equity firms, 18 have returns within 20%, 45 have returns between 20% and 50%, and 11 have returns over 50%.