Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued an action plan to promote the high-quality development of public funds, focusing on optimizing the registration process for equity funds [1] Group 1: Registration Optimization - The plan includes the implementation of a fast registration mechanism for exchange-traded funds (ETFs), aiming to complete registration within 5 working days from the date of acceptance [1] - For actively managed equity funds and mature broad-based stock index funds, the registration is expected to be completed within 10 working days from acceptance [1] - Mixed funds and bond funds with specified minimum holding ratio requirements will have a registration timeline of 15 working days from acceptance [1]