Mei Ri Jing Ji Xin Wen·2025-06-06 12:42Group 1 - The first batch of new floating rate funds has been launched, with some funds ending their fundraising early due to high demand. The innovation in fee structures requires further system modifications by fund companies [1] - The reported costs for system upgrades related to floating rate funds range from 100,000 to 800,000 yuan, with most fund companies estimating costs significantly lower than the higher end of the range [1][2] - The system upgrades primarily involve changes to the accounting valuation system and TA clearing system, focusing on the calculation of floating management fees based on client entry and exit times [2] Group 2 - Major developers for the system upgrades include companies like 恒生, 金证, 赢时胜, and 金手指, with 恒生 holding a significant market share in the public fund industry [2] - The technical difficulty of the system upgrades is considered manageable, as the new floating rate funds will require dynamic fee configurations and differentiated calculations [2][3] - 恒生电子 has invested in 赢时胜, positioning it as a potential beneficiary of the system upgrades driven by the new floating rate products [4]