Core Viewpoint - The public fund industry in China is entering a critical phase of deepening reforms and enhancing quality, focusing on improving investment capabilities, optimizing customer experience, and increasing investor trust [1][3][4]. Group 1: Industry Development - The public fund industry has grown to manage over 30 trillion yuan, with more than 800 million investors, playing a vital role in serving the real economy and maintaining financial stability [3]. - The China Securities Regulatory Commission (CSRC) released an action plan on May 7, 2025, marking a new development stage for the public fund industry [1][2]. - Beijing aims to create a "Beijing model" for high-quality public fund development, leveraging its financial resource advantages [2]. Group 2: Reform and Innovation - The action plan emphasizes the need for reforms to address issues such as the focus on scale over returns and to enhance investor satisfaction [4]. - The industry is encouraged to innovate and optimize its business structure, including the introduction of floating fee rate products and the development of equity products [6][7]. - As of the first half of 2025, 73 new equity funds were launched in the region, totaling 41.5 billion yuan, with 1,106 equity funds managing a total of 1.66 trillion yuan [6]. Group 3: Service Enhancement - The public fund industry is shifting towards an "investor-centered" service model, enhancing the supply of personal pension products and improving investor engagement [7]. - A total of 81 public fund products have been included in the personal pension product catalog, providing more options for retirement investment [7]. - The industry is also focusing on digital transformation to improve service efficiency and investor experience [7]. Group 4: Contribution to the Economy - The public fund industry is actively supporting national strategies, including technology innovation and green development, with 48 managed science and technology innovation funds totaling 173.236 billion yuan [8]. - As of the first half of 2025, there are 37 ESG-themed funds with a total scale of 24.809 billion yuan [8]. - The industry is also involved in the development of REITs, with 37 products issued, totaling 103.395 billion yuan [8][9]. Group 5: Investor Protection and Risk Management - The industry prioritizes investor protection, implementing fee reforms that have saved investors 7.2 billion yuan since July 2023 [10]. - A comprehensive complaint handling mechanism has been established to ensure efficient resolution of investor disputes [10]. - The regulatory framework is being strengthened to enhance risk prevention and control, focusing on governance, liquidity, and credit risks [11].

Core Viewpoint - The public fund industry in China is entering a critical phase of deepening reform and enhancing quality and efficiency, focusing on improving investment capabilities, optimizing customer experience, and enhancing investor trust [1][2]. Group 1: Industry Development and Reform - The China Securities Regulatory Commission (CSRC) released an action plan on May 7, 2025, marking a new development stage for the public fund industry, emphasizing high-quality development [2]. - Beijing, as a national financial management center, is expected to leverage its financial resource advantages to create a "Beijing model" for high-quality public fund development [2][4]. - The public fund industry has over 30 trillion yuan in managed assets and more than 800 million investors, playing a crucial role in serving the real economy and maintaining financial stability [3]. Group 2: Key Initiatives and Innovations - The action plan aims to address issues such as the focus on scale over returns and to enhance investor satisfaction through various policy measures [4]. - The Beijing Securities Regulatory Bureau is guiding local fund management institutions to innovate and optimize their business structures, including the introduction of floating fee rate products and the development of equity products [5][6]. - As of the first half of 2025, 73 new equity funds were launched in the region, with a total scale of 41.5 billion yuan [6]. Group 3: Enhancing Investor Services - The industry is shifting towards an "investor-centered" service model, with an increase in personal pension product offerings and a focus on long-term investment education [6][7]. - A total of 81 public fund products have been included in the personal pension product catalog, providing more options for investors [6]. - The industry is also advancing digital transformation to improve service efficiency and enhance investor experience [7]. Group 4: Supporting National Strategies - The public fund industry is actively supporting national strategic initiatives, including technology innovation and green development, with 48 managed science and technology innovation board funds totaling 173.236 billion yuan as of mid-2025 [8][9]. - The industry is also promoting the development of ESG products, with 37 ESG-themed funds amounting to 24.809 billion yuan [8]. - The issuance of REITs products has reached a cumulative scale of 103.395 billion yuan, supporting infrastructure development [8][9]. Group 5: Investor Protection and Risk Management - The industry prioritizes investor protection, implementing fee reforms that have saved investors 7.2 billion yuan since July 2023 [10]. - A comprehensive regulatory framework is being established to enhance risk management, focusing on early identification and resolution of operational risks [10]. - The industry is committed to a "zero tolerance" policy for illegal activities, ensuring strict enforcement against violations [10].

Core Viewpoint - The public fund industry in China is entering a critical phase of deepening reform and improving quality and efficiency, focusing on enhancing investment capabilities, optimizing customer experience, and increasing investor trust [1][2][3] Group 1: Industry Development - The China Securities Regulatory Commission (CSRC) released the "Action Plan for Promoting High-Quality Development of Public Funds," marking a new development stage for the industry [2] - The public fund industry has over 30 trillion yuan in managed assets and more than 800 million investors, playing a vital role in serving the real economy and maintaining financial stability [3] - The industry faces challenges in operational philosophy, functionality, and governance, necessitating reforms to better align with national strategies [3] Group 2: Reform Initiatives - The action plan aims to address market and social concerns, encouraging institutions to focus on core business, optimize supply, and enhance value creation capabilities [3][4] - Beijing is positioned to lead by example in high-quality development due to its concentration of financial resources and institutions [4] Group 3: Business Innovation - The industry is encouraged to innovate and optimize business structures, including the introduction of floating fee rate products and the development of equity products [5][6] - In the first half of 2025, 73 new equity fund products were launched, totaling 41.5 billion yuan, with 1,106 equity funds under management amounting to 1.66 trillion yuan [6] Group 4: Investor Services - The focus is on enhancing the service system centered around investors, including the introduction of personal pension products and a comprehensive investor support system [6][7] - Digital transformation is being promoted to improve service efficiency and enhance investor experience [7] Group 5: Research and Investment Capabilities - The industry is urged to build a research and investment system that aligns with high-quality development, including the establishment of digital research platforms and integrated research teams [7] - Strengthening talent development and optimizing investment decision-making processes are key priorities [7] Group 6: Contribution to the Real Economy - The public fund industry is actively supporting national strategies, including technology innovation and green development, with 48 managed science and technology innovation funds totaling 173.236 billion yuan [8][9] - The industry is also involved in urban modernization projects through REITs, with 37 REITs issued, amounting to 1.03995 trillion yuan [9] Group 7: Investor Protection and Risk Management - Investor protection is prioritized, with ongoing fee reforms leading to significant savings for investors, totaling 7.2 billion yuan in 2024 [10] - A comprehensive risk management framework is being established to enhance regulatory oversight and prevent systemic risks [10]

Core Viewpoint - The public fund industry in China is entering a critical phase of deepening reform and improving quality and efficiency, with a focus on enhancing investment capabilities, optimizing customer experience, and increasing investor trust [1][2]. Group 1: Importance of High-Quality Development - The public fund industry has become a significant institutional investor in the capital market, managing over 30 trillion yuan and serving more than 800 million investors, playing a crucial role in supporting the real economy and maintaining financial stability [2][3]. - There is a pressing need for reform to address existing deficiencies in operational philosophy, functionality, and governance within the industry, aiming to better serve national strategies [2][3]. Group 2: Reform Initiatives - The action plan aims to address market and societal concerns by encouraging institutions to focus on their core business, optimize supply, and enhance value creation capabilities [2][3]. - The plan emphasizes the importance of aligning the interests of fund managers with those of investors, reducing costs, and improving services to strengthen the industry's commitment to the public [3]. Group 3: Business Innovation and Service Optimization - The industry is encouraged to innovate and optimize its business structure, including the introduction of floating fee rate products and the development of equity products, with 73 new equity funds launched in the first half of 2025, totaling 41.5 billion yuan [4]. - There is a focus on enhancing the investor service system, including the introduction of personal pension products and a comprehensive investor support mechanism [4][5]. Group 4: Enhancing Research and Investment Capabilities - The industry is urged to build a research and investment system that aligns with high-quality development, including the establishment of digital research platforms and a team-based investment decision-making process [5]. - Strengthening talent development and creating a robust talent management system is also a priority to cultivate skilled investment management professionals [5]. Group 5: Contribution to the Real Economy - The public fund industry is actively supporting national strategic initiatives, including technology innovation and green development, with 48 managed science and technology innovation funds totaling 173.236 billion yuan as of mid-2025 [6]. - The industry is also involved in the development of REITs, with 37 REITs issued, amounting to 103.395 billion yuan, to support infrastructure projects [6][7]. Group 6: Investor Protection and Risk Management - The industry prioritizes investor protection, implementing fee reforms that have saved investors 7.2 billion yuan in 2024, and enhancing investor education to ensure product risk levels match investor capabilities [8]. - A comprehensive risk management framework is being established to identify and mitigate key risks, ensuring the prevention of systemic risks [9].

Group 1 - The core theme of the event is "New Era, New Fund, New Value," aimed at enhancing investor education and protection, promoting the transformation and upgrading of the public fund industry, and improving its ability to serve the real economy [1][2] - The China Securities Regulatory Commission (CSRC) issued guidelines in April 2022 to promote high-quality development in the public fund industry, emphasizing the importance of compliance, integrity, professionalism, and stability in industry culture [1][2] - The China Securities Investment Fund Industry Association released a self-regulatory convention in April 2023, which stresses the need for the industry to adhere to legal compliance and ethical obligations while enhancing the responsibility of industry institutions in maintaining a clean and positive industry environment [1][2] Group 2 - Dongxing Fund places significant emphasis on corporate culture construction, with leadership setting an example to promote industry and company cultural values [4][6] - The company has developed action plans and assessment schemes for cultural construction, integrating cultural initiatives with operational management to ensure alignment with industry standards and shareholder culture [6][7] - Dongxing Fund has implemented a comprehensive investor education strategy, utilizing various platforms to deliver engaging and accessible educational content, and has conducted over ten educational activities since 2024 [6][7]

专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 编者按：9月8日，在北京证监局指导下，北京证券业协会携手北京公募基金管理人、基金销售机构、基 金评价机构及多家主流媒体，共同启动"北京公募基金高质量发展系列活动"。活动以"新时代·新基金·新 价值——北京公募基金高质量发展在行动"为主题，旨在贯彻落实《推动公募基金高质量发展行动方 案》，进一步提升北京作为国家金融管理中心的引领作用，打造北京金融高质量发展新名片。 强化投资者保护，反洗钱与高质量发展的深层联动 工银瑞信始终深入践行金融工作的政治性、人民性，坚持金融服务实体经济的宗旨，恪守"受人之托、 忠人之事"的信义义务，工银瑞信基金始终相信，投资者是市场之本，最深沉的力量源于与投资者需求 的共鸣。 在提升投资者回报的同时，工银瑞信将投资者权益保护工作纳入公司顶层规划和日常经营中，全力擘画 投保生态"新蓝图"。一方面，创新构建"投教宣讲伙伴"、"渠道营销伙伴"、"客户成长伙伴"的三位一体 服务体系，以"三光同辉、伙力同心、伴你同行"为理念，整合投教、营销与服务资源，形成协同联动效 应。通过与银行、券商等渠道的深度合作，打造贯穿投前、投中、投后的全生命 ...

专题：北京公募基金高质量发展系列活动 新时代、新基金、新价值 9月8日，在北京证监局指导下，北京证券业协会携手北京公募基金管理人、基金销售机构、基金评价机 构及多家主流媒体，共同启动为期一个多月的"北京公募基金高质量发展系列活动"。 本次活动主题为"新时代·新基金·新价值——北京公募基金高质量发展在行动"，旨在贯彻落实《推动公 募基金高质量发展行动方案》，进一步提升北京作为国家金融管理中心的引领作用，打造北京金融高质 量发展新名片。 本届服贸会上，投资者保护成为公募基金展区的重要内容。国新国证基金与工银瑞信基金、中金基金、 中加基金、惠升基金、新浪仓石基金的代表围绕投教创新、数字化应用和投资者陪伴等话题展开深入交 流，分享实践经验，并通过多媒体展示、互动体验和专业咨询等多种形式，为参观者生动讲解金融常识 及反洗钱知识。 展位现场，国新国证基金设置了专门的投教区域，以趣味互动、有奖问答的形式向投资者传播金融知 识，引导树立长期投资、理性投资理念。 国新国证基金积极响应号召，于9月12日携手工银瑞信基金、中金基金、中加基金、惠升基金、新浪仓 石基金等同业机构联合亮相2025年中国国际服务贸易交易会（以下简称"服贸 ...

Core Viewpoint - The article highlights the launch of a series of activities aimed at promoting high-quality development in the public fund industry in Beijing, focusing on anti-money laundering education as a key component for compliance and investor protection [1][3]. Group 1: Event Overview - The Beijing Securities Regulatory Bureau, in collaboration with various financial institutions and media, initiated a series of activities themed "New Era, New Fund, New Value" to enhance the public fund industry's quality [1]. - The "Zheng 'Qian' Fang" anti-money laundering maze exhibition, held from September 10 to 13, showcased immersive experiences aimed at educating the public on compliance and anti-money laundering practices [1][3]. Group 2: Educational Approach - The maze exhibition features four thematic challenges that illustrate core anti-money laundering knowledge through real-life scenarios, moving away from traditional teaching methods [3]. - Participants engage in a hands-on experience that covers essential skills such as customer identity verification, suspicious transaction monitoring, and risk assessment, creating a closed-loop educational model [3]. Group 3: Industry Context - The public fund industry in China is undergoing significant reforms aimed at enhancing quality and efficiency, making high-quality development a crucial mission aligned with national strategies and public expectations [3][4]. - The exhibition serves as a response to the new Anti-Money Laundering Law and emphasizes the importance of compliance in protecting investors [3][4]. Group 4: Compliance and Investor Protection - The exhibition aims to strengthen the financial security framework by showcasing best practices in customer due diligence and monitoring of large and suspicious transactions, thereby clearing risks for high-quality development [4]. - By revealing new money laundering traps, the exhibition helps build investor awareness and trust, which are essential for optimizing customer experience and fostering long-term relationships [4][5]. Group 5: Social Responsibility and Outreach - The company extends compliance education to underserved communities, including rural areas and students, through various outreach programs, ensuring that the benefits of high-quality development reach a broader audience [5]. - The "Zheng 'Qian' Fang" exhibition represents an innovative practice in anti-money laundering efforts and reflects the public fund industry's commitment to empowering high-quality development through compliance education [5].

Group 1 - The core viewpoint of the news is the promotion of high-quality development in the public fund industry in China, shifting focus from scale expansion to enhancing investor returns [1][2] - The China Securities Regulatory Commission (CSRC) released the "Action Plan for Promoting High-Quality Development of Public Funds" on May 7, 2025, outlining the direction for the industry [1] - The CSRC revised the "Regulations on the Management of Sales Expenses for Publicly Raised Securities Investment Funds" on September 5, 2025, aiming to standardize sales expense collection and reduce investor transaction costs [1] Group 2 - The "Beijing Public Fund High-Quality Development Series Activities" was launched on September 8, 2025, with the theme "New Era, New Fund, New Value," aimed at creating a new brand for high-quality financial development in Beijing [1] - Taikang Fund is committed to the core requirements of the "Action Plan," focusing on customer-centric practices and enhancing its investment research and service capabilities [1][2] Group 3 - The "Action Plan" encourages fund companies to strengthen core investment research capabilities and accelerate the establishment of a "platform-style, integrated, multi-strategy" investment research system [2] - Taikang Fund emphasizes deep research as a foundation for its professional capabilities, adhering to a value investment philosophy and developing diversified investment styles while focusing on risk control [2] Group 4 - Taikang Fund actively conducts investor companionship activities, utilizing its self-media platform to build a financial knowledge dissemination matrix through various formats [3] - The company aims to enhance investor awareness and risk identification capabilities through diverse thematic activities targeting different demographics, including the elderly, college students, and youth [3] - In response to the revised sales expense management regulations, Taikang Fund plans to optimize product fee structures and sales service models to improve investor experience [3]

风险提示：本材料不构成任何投资建议，投资者不应以该等信息取代其独立判断或仅根据该等信息做出 决策。投资者投资基金前应认真阅读《基金合同》《招募说明书》《基金产品资料概要》等法律文件， 在全面了解产品情况、费率结构、各销售渠道收费标准及听取销售机构适当性意见的基础上，选择适合 自身风险承受能力的投资品种进行投资，基金投资须谨慎。 在金融服务专题展现场，多家基金公司齐聚工银瑞信"正钱方"反洗钱卷宗迷宫展，通过"爆单疑云""帮 信暗流""金融迷雾""直播风云"四大沉浸式互动环节，向公众生动传递反洗钱知识与理性投资理念。 9月8日，在北京证监局指导下，北京证券业协会携手北京公募基金管理人、基金销售机构、基金评价机 构及多家主流媒体，共同启动"北京公募基金高质量发展系列活动"。本次活动以"新时代·新基金·新价 值"为主题，旨在贯彻落实《推动公募基金高质量发展行动方案》，进一步提升北京作为国家金融管理 中心的引领作用，打造北京金融高质量发展新名片。 中金基金、中加基金、惠升基金、国新国证基金、北京新浪仓石基金的代表则围绕投教创新、数字化应 用和投资者陪伴等话题展开深入交流，分享实践经验。活动现场，代表们还共同为参观者讲解 ...