Core Viewpoint - Ruiyuan Fund Management Co., Ltd. announced the suspension of subscription, regular investment, and conversion-in services for the Ruiyuan Stable Income Enhanced 30-Day Holding Period Bond Fund starting from September 24, 2025, to protect investor interests [1] Group 1: Fund Suspension Details - The Ruiyuan Stable Income Enhanced 30-Day Holding Period Bond Fund will suspend large-scale subscriptions, regular investments, and conversion-in services for its sub-funds [1] - The fund has a minimum holding period of 30 days for each fund share, during which no redemption or conversion-out services will be processed [1] - After the minimum holding period, fund shareholders can submit redemption or conversion-out applications starting from the next open day [1]

Group 1 - The core viewpoint of the news is that Shennma Power (603530.SH) has reported significant institutional investment, with 12 institutional investors holding a total of 302 million shares, representing 69.96% of the company's total equity as of August 12, 2025 [1] - The top ten institutional investors collectively hold 69.89% of the shares, with a slight increase of 0.13 percentage points compared to the previous quarter [1] - The report highlights the presence of major institutional investors such as Shanghai Shennma Power Holdings Co., Ltd. and various funds from China Merchants Bank [1] Group 2 - In the public fund sector, three funds increased their holdings, accounting for a 0.32% increase in shareholding [2] - Two new public funds were disclosed compared to the previous quarter, indicating ongoing interest from fund managers [2] - Several foreign institutions, including Hong Kong Central Clearing Limited and the Bill & Melinda Gates Foundation Trust, were not disclosed in the current period, suggesting a potential shift in foreign investment dynamics [2]

Group 1 - The company has signed agency sales agreements with Changjiang Securities, Wind Fund Sales, and Beijing Huicheng Fund Sales to start selling certain securities investment funds from August 5, 2025 [1] - Changjiang Securities and Wind Fund will begin to act as agents for the Ruiyuan Hong Kong Stock Connect Core Value Mixed Securities Investment Fund (Fund Codes: 022700 and 022701) starting from the same date [1] - Huicheng Fund will also act as an agent for the Ruiyuan Hong Kong Stock Connect Core Value Mixed Securities Investment Fund and the Ruiyuan Stable Income Enhanced 30-Day Holding Period Bond Fund (Fund Codes: 018756 and 018757), but will only handle non-natural person client business [1] Group 2 - Investors can conduct subscription, redemption, conversion, and regular investment through the agency sales institutions as per the fund contract [2] - Specific business handling methods and procedures can be inquired through the respective sales institutions [3]