Core Viewpoint - The Chinese public fund industry is at a new historical starting point, focusing on high-quality development as the core theme, driven by the implementation of the new "National Nine Articles" and the accelerated formation of the capital market "1+N" policy system [1][2] Group 1: High-Quality Development Consensus - High-quality development has become a consensus within the industry, with a solid institutional foundation established over the past year [2] - The release of the "Action Plan for Promoting High-Quality Development of Public Funds" provides a concrete action guide, emphasizing a return to investor-centric values [2] Group 2: Trust as the Foundation - The core of high-quality development is to win and maintain investor trust, which is derived from sustained investment returns and deep demand insights [3] - The public fund industry is evolving from providing single products to offering comprehensive wealth management solutions driven by customer needs [3][4] Group 3: Tailored Investment Strategies - Public funds have categorized different types of funds based on attributes like "active money," "surplus money," and "long-term money," creating tailored investment strategies and products [4] - The integrated model of "customer needs deconstruction - strategy formation - product supply - research and investment matching - quality management" is becoming a key practice for enhancing investor satisfaction [4] Group 4: Serving the Real Economy and Diverse Wealth Management Needs - The high-quality development of public funds is reflected not only in investment returns but also in their dual empowerment of the real economy and residents' wealth [5] - Public funds play a crucial role in promoting inclusive finance and pension finance, providing a variety of transparent public products to lower the barriers for public participation in the capital market [5]