Group 1 - Longcheng Fund's two products have recently implemented dividends, with both the Longcheng CSI Hong Kong Stock Connect High Dividend Index QDII and Longcheng CSI Dividend Low Volatility 100 Link Fund distributing 0.03 yuan per ten shares [1] - The dividend distribution dates for both funds are set, with the record date on August 25, ex-dividend date on August 22, and cash dividend payment date on August 26 for the first fund, and August 25 for the second fund [1] - The "technology + dividend" allocation strategy has gained popularity this year, with 87.5% of the 256 dividend indices in the A-share market showing an increase as of August 20 [1] Group 2 - The capital market's "cash return" ecosystem is rapidly taking shape, with a significant increase in listed companies' dividend payouts, totaling over 72 billion yuan in the first half of the year [2] - Regulatory guidance is expected to enhance the sustainability of dividend policies among listed companies, fostering a positive market ecosystem where companies actively distribute dividends and investors recognize returns [2] - The increasing dividend efforts from listed companies, combined with continuous capital inflow, are anticipated to provide broader development opportunities for dividend assets, highlighting their long-term allocation value [2]

Core Viewpoint - The dominance of dividend assets remains unchanged in a low interest rate macro environment, with the A-share market entering the dividend season, enhancing investor experience through dividends [1][3] Group 1: Dividend Announcements - Changcheng Fund's two dividend products announced dividends, aiming to enhance investor satisfaction [1] - Changcheng CSI Hong Kong Stock Connect High Dividend Index QDII (Class A: 022325; Class C: 022326) announced a dividend of 0.03 yuan per ten shares for both classes, with the record date on July 28 and the ex-dividend date on July 25 [1] - Changcheng CSI Dividend Low Volatility 100 Fund (Class A: 022097; Class C: 022098) also announced a dividend of 0.03 yuan per ten shares, with the same record and ex-dividend dates as the previous fund [1] Group 2: Fund Strategy and Market Positioning - In recent years, Changcheng Fund has increased its focus on dividend index products, covering both A-share and Hong Kong markets to help investors seize dividend asset allocation opportunities [2] - The Changcheng CSI Dividend Low Volatility 100 ETF (Code: 159228) closely tracks the CSI Dividend Low Volatility 100 Index, catering to on-market investors' needs for A-share dividend opportunities [2] - The Changcheng CSI Hong Kong Stock Connect High Dividend Index QDII focuses on capturing Hong Kong stock dividend opportunities [2] Group 3: Future Outlook - Changcheng Fund anticipates continued growth in dividend assets, driven by long-term capital entering the market and favorable policies [3] - Policies are encouraging long-term capital to invest, making dividend assets attractive to insurance funds and pension funds seeking stable returns [3] - New policies, such as the "National Nine Articles," are expected to increase the enthusiasm of A-share listed companies for distributing dividends, providing ongoing support for the dividend market [3]