近年来，资本市场改革全面深化，公募基金行业迎来重大发展机遇。公募基金公司在享受行业高速增长 的同时，也面临日益激烈的竞争压力。在此情形下，公募基金公司需通过构建特色化、差异化的产品矩 阵与发展路径，实现业务高质量发展。西部利得基金从公募基金行业"代客理财"的本源出发，十年来持 续坚持"基础产品供应商"定位，秉持"做投资者信任的财富管理专家"的愿景，致力于探索中型基金公司 特色化、差异化的高质量发展之路。 支持科技强国建设 服务实体经济 ● 西部利得基金管理有限公司 《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》提出"加快建设金融强国"并作出一 系列重要部署，这是"金融强国"首次写入五年规划建议。《推动公募基金高质量发展行动方案》（下称 《行动方案》）的正式落地，吹响了公募基金行业进一步深化改革、推进高质量发展的号角。《行动方 案》通过制度重构，推动公募基金行业从传统的"规模驱动"向"回报导向"转型，在《关于做好金融"五 篇大文章"的指导意见》（下称《指导意见》）的基础上，进一步为公募基金公司响应中央金融工作会 议要求指明了方向。 服务实体经济是金融高质量发展的根本宗旨。《指导意见》提出，优化科技 ...

金融消费者权益保护的一项重要内容是，充分保障其知情权与选择权。2025年12月25日，国家金融监督 管理总局正式对外发布《银行保险机构资产管理产品信息披露管理办法》（以下简称《办法》），立 足"同类业务、相同标准"，统一明确了资产管理信托产品、理财产品、保险资管产品的信息披露基本原 则、责任义务、共性内容及内部管理要求等。 为何强调信息披露？这要从资产管理产品"受人之托、代人理财"的本质讲起。投资者不论购买理财产品 还是公募基金产品，都是将自己的钱交给金融机构的专业人士，委托他们代替自己从事相关投资活动。 既然我把钱委托给你，我就有权知道自己的钱被投向了哪些领域、怎么投的、金融机构代理人是否尽职 等重要事项。投资者如何知晓？靠的是规范、有效的信息披露制度。 但各类金融机构的资产管理产品众多，如何制定信息披露标准？金融管理部门给出的思路是：同类业 务、相同标准。这相当于，大家既然参加同一个运动项目，就得遵守统一的规则，不能有的松、有的 紧，否则既不利于保障投资者合法权益，也不利于形成公平有序的市场竞争环境。此前，资产管理信托 产品、理财产品、保险资管产品三者均没有专门的信息披露监管制度，相关要求被分散在不同的制 ...

来源：鹏华基金鹏友会 来源：鹏华基金鹏友会 公司原副总裁王宗合先生于2025年12月29日在深圳因病逝世。王宗合先生于2009年5月加入鹏华基金， 历任行业研究员、基金经理、权益投资部门负责人、董事总经理、公司副总裁，2024年2月辞去公司副 总裁职务。 对于王宗合先生的逝世，鹏华基金致以沉痛哀悼与深切怀念。王宗合先生勤勉专注、敬业笃行，曾先后 负责多只公募基金产品的投资管理工作。他凭借深厚的专业素养、扎实的研究功底、卓越的投资能力与 长期的潜心耕耘，竭力为投资者创造了丰厚回报，其管理的基金产品亦斩获包括金牛奖、明星基金奖、 金基金奖在内的多项权威奖项。王宗合先生患病期间及逝世后，公司始终通过多种形式给予关心慰问与 全力支持。公司管理层及全体员工，对王宗合先生多年来为公司发展所作出的突出贡献致以诚挚谢意， 并向其家人表示最深切的慰问。公司管理层及全体员工将化悲痛为力量，砥砺奋进、勤勉尽责、不负重 托，持续为基金持有人创造更优质的回报。 （转载自中国基金报） MACD金叉信号形成，这些股涨势不错！ 责任编辑：石秀珍 SF183 公司原副总裁王宗合先生于2025年12月29日在深圳因病逝世。王宗合先生于2009年 ...

基金投资顾问服务是指财富管理机构接受投资者委托，根据与投资者约定的基金投资组合策略，代投资者作出具体基金投资品种、数量和买卖时机的决策， 代投资者执行基金产品申购、赎回、转换等交易申请，并直接或间接获取经济利益的服务。基金投资组合策略建议的标的应当为公募基金产品或经中国证监 会认可的同类产品。基金投顾帮助投资者做好预期管理，提升投资者持有体验；采用四笔钱资产配置方案：短期周转、稳健理财、财富增长、保险保障；跟 投、定投或相对合理的持有期等陪伴，让投资者的持有过程更从容。不同基金投顾组合策略，风险等级不一样。投资者需满足相应的风险承受能力才可以签 约相应基金投顾服务。展业机构不可以向投资者隐瞒基金投顾组合策略风险等级，也不得向投资者推荐高于其风险承受能力的基金投顾组合策略。 据了解，"投教领航"投资者教育网络课程第三季是陕西投资者教育领航者联盟第五年举办的公益性投教网络课程。课程旨在进一步帮助投资者了解规则、辨 识风险，持续引导投资者树立理性、价值、长期投资理念，培育理性、成熟的投资者。 本期的课程主题是——公募基金投顾-新型财富管理服务，由中泰证券（600918）股份陕西分公司总经理助理梁贺为各位投资者介绍： ...

广发基金表示，这一战略部署以理念之变引领发展之变，通过三大关键路径促进质量变革：一是将科技 自立自强确立为高质量发展的核心引擎，抓住新一轮科技革命和产业变革机遇，全链条推进重点领域关 键核心技术攻关；二是将发展新质生产力作为重要着力点，在培育新动能、优化经济结构上实现"实质 性、突破性进展"；三是构建以先进制造业为骨干的现代化产业体系，推动经济发展质的有效提升和量 的合理增长。 "十五五"规划建议将加快建设金融强国摆在突出位置，明确提出要大力发展金融"五篇大文章"，健全资 本市场功能等战略任务。广发基金深刻认识到，资本市场正迎来方向更明、要求更实、使命更重的发展 新阶段。方向上，以金融强国建设为牵引，资本市场改革发展蓝图更加清晰；要求上，提高直接融资比 重、完善资本市场功能、专注服务实体经济成为主线；使命上，资本市场在科技创新、绿色发展等国家 战略中发挥关键作用。这为公募基金行业找准定位、担当作为提供了根本遵循。 牢记金融服务实体经济的初心使命 党的二十届四中全会立足新发展阶段，明确了"十五五"时期经济社会发展的主要目标，"十五五"规划建 议中屡屡提及"金融"，将"加快建设金融强国"作为重要战略目标，为未来五 ...

嘉实基金资深经济学家周伟表示，当前经济运行的底层机制有所改善，外部环境压力也在减轻，外资长线机构仍待进一步入场。从中长期维度看，中国股 票、债券、汇率等资产具备一定升值空间。 深入践行金融的政治性与人民性，是金融机构的行动指南。在圆桌讨论环节，多家金融机构围绕"金融为民"阐述了其价值定位与实践。 来源：上海证券报·中国证券网 "沃德财富万里行"是交通银行深化财富管理业务改革的重要一步。近期交通银行对组织架构进行了一项重要调整——在总行层面成立财富管理部，意在进一 步落实国家战略部署、促进共同富裕，突出财富金融特色，更好地服务客户需求。"沃德财富万里行"作为架构调整后的首个市场推广项目，后续将逐步从重 点地区推广至全国。 财富管理业务与老百姓的"钱袋子"息息相关。近日召开的中央经济工作会议将"坚持内需主导，建设强大国内市场"列为明年经济工作重点任务，提出"深入 实施提振消费专项行动，制定实施城乡居民增收计划"。 "财富管理是增加居民财产性收入的重要途径之一，也是提振消费的重要抓手。"交通银行副行长周万阜在北京启动会上表示，交通银行做优做强财富管理业 务，助力居民增加财产性收入，是落实党中央决策部署的重要举措，也 ...

Summary of Key Points from the Conference Call Industry Overview - The conference covered updates on the robotics, finance, and insurance industries, with a focus on the global embodied intelligence market and its future outlook [1][3][30]. Robotics Industry Insights - A comprehensive report on embodied intelligence predicts the market will reach $25 trillion by 2050, up from $100 billion in 2025, indicating a growth of 250 times over 25 years [7]. - The humanoid robotics market is expected to reach $7.5 trillion by 2050, with autonomous vehicles projected at $5.6 trillion, and service robots at $5 trillion [7]. - Key components in the robotics sector are forecasted to see significant growth: cameras (95x), radar (300x), lidar (300x), motors (260x), and batteries (1400x) over the next 25 years [9][10]. Humanoid Robots - The average price of humanoid robots in the U.S. is projected to decrease from $180,000 to $75,000 by 2050, while demand is expected to grow cautiously, with an estimated 5,000 units in 2024 [11][12]. - In China, the humanoid robot market is expected to double from 7,000 units in 2023 to 15,000 units in 2024, with a long-term outlook of 30-40% of global demand by 2050 [14][15]. Market Adoption and Challenges - A survey of 86 executives indicated a high willingness to adopt humanoid robots, with 62% expecting to test them by 2027. However, concerns about product maturity and cost sensitivity were noted [16][17]. - 92% of respondents believe humanoid robots should not exceed 200,000 RMB in price, with 50% preferring a price below 100,000 RMB [17]. Automotive Industry Insights - The report predicts that the number of L4/L5 autonomous vehicles will increase from 3 million in 2030 to nearly 700 million by 2050, with China leading in growth [20][21]. - By 2050, China is expected to have over 165 million L4/L5 autonomous vehicles, accounting for about 25% of the global market [22]. Challenges and Opportunities - The focus is shifting from whether autonomous vehicles can operate to whether they can be profitable, with significant attention on safety, cost, and operational efficiency [23][24]. - The development of electric vertical takeoff and landing (eVTOL) aircraft is anticipated to create a new low-altitude economy, with China expected to lead in commercial operations by 2030 [26][27]. Insurance Industry Insights - The report on Ping An Insurance highlights three major market opportunities: continuous growth in household wealth, increasing demand for healthcare and retirement services, and the integration of insurance products with financial services [31][32]. - Ping An's stock has seen a 60-70% increase, outperforming the market, despite concerns about real estate exposure and the need for risk management [34][35]. Financial Performance and Outlook - The insurance sector is expected to benefit from a recovering real estate market, with Ping An's asset management division projected to return to profitability by 2027 [38][39]. - The company is also leveraging AI applications and technology to enhance its service offerings, maintaining a strong capital position [40][41]. Fund Management Industry Insights - The public fund industry in China has seen AUM exceed 38 trillion RMB, with a projected growth rate of 10-11% in the coming years [48][55]. - The industry is undergoing a transformation towards healthier fee structures, with a significant reduction in reliance on sales-driven models [53][54]. Future Growth Drivers - The growth of household financial assets and the increasing demand for diversified investment options are expected to drive the public fund market [56][57]. - The report suggests that the public fund sector will continue to gain market share in the non-deposit portion of household financial assets, with a rebound in equity allocations anticipated [59][60]. Conclusion - The conference provided a comprehensive overview of the robotics, automotive, insurance, and fund management industries, highlighting significant growth opportunities and challenges ahead. The insights gathered will be crucial for investors looking to navigate these evolving markets.

临近年末，多家银行密集加大对个人养老金开户、缴存专属优惠活动的推广力度，通过抽奖派送微信立 减金、现金红包等福利，吸引客户。与往年不同的是，银行营销策略重点不再是"拉新客开户"，而是侧 重于"留客活客"。通过完善的产品体系为居民财富保值增值成为银行机构发展个人养老金业务的核心竞 争力。 眼下，个人养老金投资理财体系正在加速完善。自2022年11月25日个人养老金制度试点启动至今，个人 养老金开户人数突破7000万户，产品数量持续扩容至1245只。 "十五五"规划建议提出，"积极应对人口老龄化，健全养老事业和产业协同发展政策机制"，"积极开发 老年人力资源，发展银发经济"。可以看到，健全养老金融产品体系、为居民解决后顾之忧是应对人口 老龄化和发展银发经济的基础。 老龄化社会居民财富保值增值备受关注 来自民政部的数据显示，"十四五"期间，我国人口预期寿命达到79岁。截至2024年底，我国60岁及以上 老年人口达3.1亿人，占总人口的22%；65周岁及以上老年人口达2.2亿人，占总人口的15.6%。 伴随长寿周期延长与养老金替代率压力，居民财富保值增值成为维系晚年生活质量的核心议题。目前， 我国的养老金融包括基本养 ...

Group 1 - The company held its first extraordinary general meeting of shareholders on December 2, 2025, in Shaoxing, Zhejiang Province [2][3] - All resolutions presented at the meeting were approved, including the cancellation of the supervisory board and adjustments to the number of directors [4][5] - The meeting was conducted in compliance with relevant laws and regulations, with legal counsel present to witness the proceedings [7] Group 2 - The company announced the use of idle self-owned funds for entrusted wealth management, with a maximum amount not exceeding RMB 300 million [10] - As of the announcement date, the company had utilized RMB 260 million to purchase wealth management products from CITIC Securities [11] - The company emphasized that the wealth management activities would not affect its normal business operations and would enhance fund utilization efficiency [12]

Core Viewpoint - Several banks, including China Construction Bank, Minsheng Bank, Postal Savings Bank, and Citic Bank, have raised the risk levels of certain mutual fund products they distribute, reflecting a proactive approach to investor suitability management and compliance with regulatory requirements [1][2][3] Group 1: Risk Level Adjustments - China Construction Bank announced adjustments to 87 mutual fund products, with 32 products upgraded from R2 (low to medium risk) to R3 (medium risk) and 55 products from R3 to R4 (medium to high risk) [1] - Minsheng Bank also adjusted the risk ratings of 8 funds, moving them from lower risk to medium risk, emphasizing the priority of investor interests [1][2] - Citic Bank has made its fourth adjustment to risk ratings this year, indicating a trend of ongoing evaluations and adjustments in response to market conditions [2][3] Group 2: Regulatory Compliance and Market Conditions - The adjustments are primarily driven by regulatory compliance requirements, necessitating banks to dynamically assess and accurately disclose product risks [3] - The current market volatility, particularly in equity funds due to increased asset fluctuations and high concentration, has led to a more realistic reflection of risk characteristics through these adjustments [3] - The trend of banks adjusting risk ratings is expected to become a standard practice in the industry, aligning with the ongoing regulatory emphasis on investor suitability management [3] Group 3: Investor Guidance - Banks are encouraging investors to reassess their risk tolerance in light of the new risk ratings, providing options for redemption or conversion to more suitable products [2][3] - Investors are advised to verify their mutual fund holdings through various channels and make informed decisions based on their risk capacity [2]