Group 1 - The core point of the announcement is that Rui Jun Asset's products managed by Dong Chengfei will suspend new client subscriptions starting June 8, 2025, to prioritize performance and control scale [1][4][6] - This is the first time Dong Chengfei has taken such a "lock-up" action since transitioning from public to private management three years ago, with his managed scale exceeding 10 billion yuan [1][7] - The company emphasizes that existing clients will not be affected by this suspension and will continue to receive regular updates and communication [6][8] Group 2 - Dong Chengfei expresses optimism about the market in 2025, citing clear policy turning points and a positive outlook on real estate and corporate earnings [8] - He is currently focused on sectors such as semiconductors, public utilities, and plans to invest in quality growth stocks in the Hong Kong market [8][9] - As of the end of Q1 2025, Dong Chengfei's managed products are among the top ten shareholders in several listed companies, including Lexin Technology and Dinglong Co., Ltd [9]