中证报中证网讯（记者 黄一灵）2026年起，公募基金费率新规正式施行。这犹如一声嘹亮号角，吹响 了大资管行业高质量发展的集结令。这场变革的核心要义，是摒弃"重销售、轻服务"的传统模式，迈向 以客户价值为核心的全新赛道。 "监管推动费率改革，本质是引导行业回归金融服务本源，通过减轻投资者负担，让专业服务成为价值 创造的核心引擎。"陆基金总经理陈祎彬日前在接受中国证券报记者专访时表示，"让利于民"是陆基金 自成立起就恪守的普惠金融承诺，站在新起点，陆基金将通过"更低的成本、更优的配置、更暖的陪 伴"，让更广泛的投资者享受到专业的财富管理服务。 深耕客户价值 2025年末，中国证监会修订发布《公开募集证券投资基金销售费用管理规定》，这标志着我国基金行业 费率体系的系统性重塑落地。 对代销机构而言，降费绝非收益增长的终点，而是开启买方服务新征程的起点——即关上一扇依赖收费 的窗，但打开了一扇深耕客户价值的广阔之门。"费用做减法，服务与回报就必须做加法。这是我们践 行'买方立场'的体现。"陈祎彬称，基金销售机构核心竞争力已从产品货架丰富度转向深度陪伴与服务 温度，投资者的长期满意与信任才是平台最宝贵的资产。 站在202 ...

Core Viewpoint - The company, Xinyi Securities, is experiencing a decline in stock price but is actively enhancing its service offerings and expanding its client base in the context of a recovering securities market driven by policy support and improved liquidity [1][2]. Group 1: Company Performance - As of September 19, 2025, Xinyi Securities' stock closed at 6.32 yuan, down 2.02% from the previous week, with a total market capitalization of 54.579 billion yuan, ranking 19th in the securities sector [1]. - In the first half of 2025, the total trading volume of stock and fund transactions reached 4.84 trillion yuan, with net income from securities trading activities amounting to 1.028 billion yuan [3]. Group 2: Client Services and Strategy - The company is focusing on customer-centric strategies, enhancing digital financial tools, and expanding its private user base, with significant growth in its retail client segment [1]. - The company aims to improve its financial product offerings and services, particularly for high-net-worth clients, and is committed to a transformation towards a buyer-oriented service model [1][2]. Group 3: Fund Management - Xinyi Global Fund, a subsidiary, reported a public fund scale exceeding 700 billion yuan, reaching 703.377 billion yuan, an 8% increase from the previous year [2][3]. - The fund management strategy includes a focus on high-quality development, active management, and the introduction of innovative products, particularly in the context of pension finance [2]. Group 4: Corporate Announcements - Xinyi International has provided guarantees totaling 250 million USD for its subsidiary, CISI Investment Limited, to support its operations in international derivatives and bond repurchase transactions [4]. - The total external guarantees provided by the company and its subsidiaries amount to 23.283 billion yuan, representing 40.27% of the latest audited net assets, with no overdue guarantees reported [4].