Group 1 - The total scale of asset management products by fund management companies, securities companies, futures companies, and private fund management institutions reached 72.32 trillion yuan by the end of Q1 2025 [1][2] Group 2 - The scale of public funds is 32.22 trillion yuan, while private asset management products by securities companies and their subsidiaries amount to 5.93 trillion yuan [2] - Fund management companies and their subsidiaries manage private asset management products totaling 5.59 trillion yuan [2] - The scale of pension funds managed by fund management companies is 6.09 trillion yuan [2] - Private fund scale is 20.19 trillion yuan, and asset-backed special plans (ABS) amount to 2.08 trillion yuan [2] - Futures companies and their asset management subsidiaries have private asset management products totaling 0.32 trillion yuan [2]

Core Insights - The total scale of asset management products in China reached 72.32 trillion yuan by the end of Q1 2025 [1] Group 1: Asset Management Product Breakdown - Public funds accounted for 32.22 trillion yuan of the total asset management products [1] - Private asset management products from securities companies and their subsidiaries totaled 5.93 trillion yuan [1] - Private asset management products from fund management companies and their subsidiaries reached 5.59 trillion yuan [1] - Pension funds managed by fund management companies amounted to 6.09 trillion yuan [1] - Private asset management products from futures companies and their subsidiaries were 0.32 trillion yuan [1] - Private equity funds totaled 20.19 trillion yuan [1] - Asset-backed special plans (ABS) reached 2.08 trillion yuan [1]