Group 1 - Tianhong Fund Management Co., Ltd. participated in the initial public offering of Southern Power Grid Digital Electric Grid Research Institute Co., Ltd. with its Tianhong CSI Bank ETF Fund [1] - The issue price for Southern Power Grid Digital was set at 5.69 yuan per share, determined through discussions considering various factors such as offline inquiry pricing, subscription amounts, and market conditions [1] - The lead underwriter for this issuance was China Merchants Securities Co., Ltd., which also serves as the custodian for the fund [1] Group 2 - Tianhong Fund announced a cash dividend distribution for its Tianhong Heli Bond Fund, with the announcement date being November 12, 2025 [2] - Investors choosing cash dividends will receive their dividend payments on November 14, 2025 [2] - The fund offers both cash dividends and reinvestment options, with default being cash dividends for those who do not specify [3]