Group 1 - The core viewpoint of the news is the rapid launch of new floating management fee products following the release of the "Action Plan for Promoting the High-Quality Development of Public Funds" [1] - The first batch of products has set performance benchmarks based on a structure of "A-shares + Hong Kong stock broad-based indices," with the Invesco Great Wall Growth Companion Mixed Fund uniquely using the CSI A500 Index as its benchmark [1] - The CSI A500 Index reflects the characteristics of China's economic transformation and upgrade, emphasizing balanced industry distribution and a focus on the technology growth sector [1] Group 2 - The management fee structure of the Invesco Great Wall Growth Companion Mixed Fund varies based on performance, with a 1.5% annual fee if performance exceeds the benchmark by 6% or more, and a reduced fee of 0.6% if it underperforms by more than 3% [1] - The fund manager, Nong Bingli, focuses on capturing high-quality companies with sustainable growth potential across emerging industries, rather than being limited to a single sector [1] - The Invesco Great Wall Quality Evergreen Fund, also managed by Nong Bingli, has achieved a net value growth rate of 46.93% over the past year, significantly outperforming its benchmark of 9.24% and the equity mixed fund index of 6.99% [2] Group 3 - Nong Bingli emphasizes that stock value remains worthy of attention even amid uncertainties, provided risks are reasonably priced, and notes that some quality companies have shown investment value post-April market adjustments [2] - There is a particular focus on the evolution of AI technology applications in China, with expectations for more application scenarios around large model iterations and monetization in the second half of the year [2] - Structural opportunities in specific segments of the military industry and the semiconductor sector are also highlighted as areas of interest for future investments [2]