Group 1 - The core announcement is regarding the second dividend distribution for the 华夏中证红利低波动交易型开放式指数证券投资基金发起式联接基金 for the year 2025 [1] - The dividend distribution base date is set for December 12, 2025, with a detailed plan indicating a distribution of 0.11 yuan per 10 shares for both classes A and C of the fund [1] - The eligible shareholders for the dividend are those registered in the company's records by the equity registration date of December 9, 2025, with cash dividends to be distributed on December 10, 2025 [1] Group 2 - Investors opting for dividend reinvestment will have their cash dividends converted into fund shares based on the net asset value (NAV) determined on December 9, 2025, with shares credited to their accounts on December 10, 2025 [1] - The announcement states that the fund's profit distribution to investors is exempt from income tax according to relevant regulations from the Ministry of Finance and the State Administration of Taxation [1] - There are no fees for the dividend distribution or for the dividend reinvestment process [1]

Group 1 - The trend of "wealth transformation" of deposits is accelerating, with a shift from traditional savings to low-volatility financial products, funds, and fixed-income products due to declining deposit interest rates and a recovering capital market [1] - In August, non-bank deposits saw a net increase of 591.9 billion yuan, indicating a continuous change in the structure of fund allocation [1] - Although residents' risk appetite remains low and has not significantly flowed into the stock market, there is a tendency for short-term allocation in interest-sensitive deposits on the corporate side [1] Group 2 - The Dividend Low Volatility ETF closely tracks the CSI Dividend Low Volatility Index, which reflects the overall performance of securities with high dividend levels and low volatility [1] - As of September 18, 2025, the Dividend Low Volatility ETF has achieved a maximum monthly return of 12.34% since its inception, with the longest consecutive monthly gains being 4 months and a maximum cumulative increase of 11.78% [1] - The ETF has a historical one-year profit probability of 100.00%, with a cumulative increase of 20.63% over the past year as of September 18, 2025 [1] Group 3 - The Dividend Low Volatility ETF has seen continuous net inflows over the past 4 days, with the highest single-day net inflow reaching 9.7429 million yuan, totaling 18.7763 million yuan, and an average daily net inflow of 4.6941 million yuan [1] - The management fee for the Dividend Low Volatility ETF is 0.15%, and the custody fee is 0.05%, making it the lowest among comparable funds [1]