Group 1 - The core viewpoint of the articles emphasizes the need for the public fund industry to shift from scale-oriented to performance-oriented operations, driven by a high-quality development action plan [1][2] - The action plan aims to align the behavior of the fund industry with investor interests, addressing behavioral issues within the industry [2] - There is a recognition of the phenomenon where "products make money, but investors do not," highlighting the need to reduce the gap between product returns and investor account returns [1][3] Group 2 - Industry leaders discussed the importance of a floating management fee mechanism linked to performance, which could enhance high-quality development [1][2] - Investment education and the responsibility of wealth management institutions, particularly buy-side advisors, are crucial for improving investor behavior and outcomes [2] - The future scarcity of alpha returns suggests that funds generating excess returns will become increasingly rare, necessitating a focus on passive index investing for most investors [2]