Group 1 - Several public fund institutions have announced the suspension of large-scale subscriptions, conversions, and regular investment business for their bond funds, with Tianhong Fund stating it will stop accepting single fund share subscriptions exceeding 5 million yuan from January 7, 2026 [1] - The suspension of large subscriptions is aimed at protecting the interests of fund holders and maintaining strategy stability, especially in a volatile bond market with low yields [1][2] - Multiple bond funds have increased the precision of their net asset value (NAV) to eight decimal places, rounding the ninth decimal place, to provide a more accurate measurement of the actual value of fund shares [1][2] Group 2 - The increase in NAV precision enhances transparency and trust among investors, particularly during significant redemption events, preventing potential losses due to insufficient decimal precision [2] - Despite recent market volatility affecting bond fund performance, some industry insiders hold a more optimistic view for the bond market in 2026, anticipating a resonant upward trend in both stock and bond markets [2] - Fund managers' measures to suspend large subscriptions and enhance NAV precision are intended to strengthen the stability and fair valuation of bond funds, laying a foundation for long-term asset appreciation for investors [2]