Core Viewpoint - The public fund industry in China is evolving towards high-quality development, emphasizing investor interests and long-term value creation, supported by recent regulatory reforms [1][2][8] Group 1: Industry Development - The public fund industry has become an essential part of the capital market, with a focus on serving national strategies and enhancing public welfare [1] - The "Action Plan for Promoting High-Quality Development of Public Funds" outlines a roadmap for the industry, prioritizing investor interests [1][2] - The Beijing region is setting an example for high-quality development in the public fund sector, with local institutions collaborating under regulatory guidance [1] Group 2: Long-term Investment Philosophy - The industry must address fundamental questions about its purpose and beneficiaries to achieve high-quality development [2] - Long-termism is identified as the foundation for value creation, contrasting with short-term performance pressures that can lead to irrational investor behavior [2][3] - Platforms should promote long-term holding through structured investment education and product offerings [2] Group 3: Service Optimization - High-quality development should reflect in both investment performance and investor satisfaction, necessitating a shift in service delivery [4] - Service experiences must cover the entire investor lifecycle, enhancing decision-making through systematic education and disciplined investment practices [4] - Upgrading technological capabilities is crucial for improving service efficiency and matching investor needs [4] Group 4: Collaborative Ecosystem - High-quality development in the public fund industry requires collaboration among asset managers, distribution channels, and investors [5][6] - Compliance is essential for sustainable development, ensuring that innovations occur within a regulatory framework [6] - A culture of long-termism and professional integrity is vital for the industry's long-term health [6] Group 5: Company Practices - 京东肯特瑞 is committed to integrating investor-centric principles throughout its operations, enhancing asset allocation services [7] - The platform aims to protect investor interests by optimizing asset structures, with a target of 68% in active equity and index funds by September 2025 [7] - Significant growth has been observed, with a 77% increase in new fund users and a 95% customer satisfaction rate [7] Group 6: Future Outlook - 京东肯特瑞 plans to continue leveraging technology and service excellence to drive the public fund industry towards higher quality and sustainability [8] - The collective efforts of the industry are expected to enhance the professional advantages of public funds, contributing to national economic development [8]

Core Viewpoint - The article discusses the current state and challenges of the compliance and risk control system in China's public fund industry, emphasizing the need for continuous improvement to meet the demands of high-quality development [1][2]. Group 1: Current State of Compliance and Risk Control - The compliance and risk control system in the public fund industry has made significant progress, characterized by a more complete regulatory framework and a strong emphasis on prioritizing investor interests [1][2]. - The industry has shifted from a focus on post-event punishment to proactive prevention and real-time control, establishing a mature regulatory system and industry ecosystem [2]. Group 2: Challenges Facing Compliance and Risk Control - The complexity of products, such as derivatives and structured products, poses challenges in risk identification, requiring higher professional capabilities from risk management personnel [2]. - The internationalization of business introduces cross-border risks, including global market risks and regulatory differences [2]. - Information security risks are heightened due to reliance on IT systems, which can lead to transaction interruptions or data breaches if compromised [2]. Group 3: Areas for Improvement - The compliance and risk control system needs to evolve towards "smart risk control" through the integration of big data and AI, enhancing risk management centered on investors [3]. - There is a need to build comprehensive and penetrating risk management capabilities and to strengthen emergency plans and stress testing [3]. Group 4: Insights from Longsheng Fund - The compliance and risk control team operates with a sense of urgency, recognizing that the construction of these systems is an ongoing process requiring strategic attention from the entire company [4][5]. - A strong risk culture and efficient action are essential for the successful evolution of the compliance and risk control system, which will enable the company and industry to achieve high-quality development [5].