Core Viewpoint - The private equity fund under Sire Group has announced a dividend distribution, reflecting a growing trend of dividend payouts among private equity products this year, driven by strong performance and market recovery [1][2]. Group 1: Dividend Announcement - On July 1, Sire Investment announced a dividend for its convertible bond private equity product, based on distributable income as of June 30, 2025 [2]. - The cash dividend distribution date is set for July 2, and the normal operation of the fund will not be affected by this distribution [2]. - The fund manager attributed the decision to distribute dividends to the favorable market conditions, including a recovering stock market and structural opportunities, resulting in significant absolute returns for the fund in the first half of the year [2]. Group 2: Industry Trends - As of June 17, 2023, a total of 537 private equity securities products have distributed dividends this year, with 584 instances of dividend payouts, nearing 60% of last year's total [4]. - The primary reasons for these dividend distributions include contractual obligations, strong fund performance, and strategic adjustments to fund size and positioning [4]. - Equity strategy products have been the main contributors to dividend distributions, with nearly 300 products accounting for over half of the total dividend payouts [4]. Group 3: Impact on Investors - Dividends provide cash flow to investors, meeting their liquidity needs, while also potentially reducing their holdings due to performance fee deductions by fund managers [5]. - Cash dividends allow investors to realize some profits, especially in the event of future market downturns [5].

Core Viewpoint - The article highlights the increasing trend of private equity funds in China announcing dividends, with a focus on the performance of the private fund managed by Sire Group, which has recently declared a dividend due to strong market performance and positive returns [1][2][4]. Group 1: Dividend Announcements - Sire Group's private fund, Hainan Sire Private Fund, announced a dividend distribution for its convertible bond product, with the distribution date set for July 2 [1][4]. - The decision to distribute dividends is attributed to the fund's impressive performance in the first half of the year, benefiting from a recovering stock market and structural opportunities [4]. Group 2: Industry Trends - There has been a notable increase in dividend distributions among private equity products this year, with 537 private securities products having distributed dividends by June 17, totaling 584 distributions [8]. - The majority of dividend distributions are linked to strong performance, with stock strategy products being the primary contributors, accounting for nearly half of the total distributions [8]. Group 3: Investor Impact - Dividends provide cash flow to investors, meeting their liquidity needs, and allow them to realize some profits, especially in the event of market downturns [9]. - The average return of the dividend-distributing private equity products stands at 10.34%, outperforming the overall average return of all private equity products this year [8].