Core Viewpoint - Douyin has released the "Douyin Community Financial Industry Convention (Trial)" to enhance the quality of financial content on its platform and regulate the dissemination of financial-related information [1][2]. Group 1: Regulation and Governance - The convention outlines core governance norms regarding account qualifications, content management, and marketing behaviors, aiming to create a clearer financial content ecosystem [1][2]. - It encourages the dissemination of financial knowledge and aims to improve users' financial literacy by providing professional and high-quality financial content [1][2]. Group 2: Impact on Users and Creators - Users are expected to be the primary beneficiaries of the new regulations, as the convention establishes strict boundaries for content, ensuring that only qualified creators can produce financial content [2][3]. - The convention aims to protect users from misleading information and fraudulent practices, thereby enhancing trust in internet financial content [2][3]. Group 3: Industry Implications - The introduction of the convention is seen as a milestone for the healthy development of the financial content industry, marking a shift towards a more regulated and professional environment [2][4]. - By combating illegal marketing and promoting compliance, the convention is expected to reshape the underlying logic of traffic distribution, allowing professional content to regain its value [3][4]. Group 4: Broader Ecosystem and Educational Role - The platform's governance is not only about content review but also about guiding the overall ecosystem, fostering a rational public discourse in the financial market [4]. - The convention signals a transition from merely distributing information to becoming an online classroom for financial literacy, emphasizing the importance of value transmission over mere traffic generation [4].