China Securities Investment Fund Industry Association: Promote the effective implementation of reforms in public fund policies.

On May 20th, the China Securities Investment Fund Association held a forum for individual investors of public funds to gather opinions on the "Action Plan for Promoting High-Quality Development of the Public Fund Industry." Secretary of the Association's Party Committee and Vice President Shi Zhenqiang stated that the Association will always adhere to the development concept centered on investors, emphasize the political and people-oriented nature of industry development, engage with fund investors, strengthen communication with investors, address their concerns in a timely manner, guide industry institutions to have confidence in development, fulfill their fiduciary duties, practice long-term investment, value investment, rational investment, implement reform measures in the public fund industry effectively, and strive to bring better returns to investors. The attendees unanimously agreed that government departments have put in a lot of effort in the past two years, taking into consideration the interests of investors, and hoped that regulatory authorities can further protect the interests of investors. They warmly welcomed the "Action Plan for Promoting High-Quality Development of the Public Fund Industry," considering it comprehensive, practical, and beneficial for enhancing investor confidence, and hoped for its swift implementation. The forum was attended by investors with around 10 years of experience in public fund investment, spanning nearly 30 years in age, mainly working professionals in fields such as technology, accounting, and management. They expressed confidence in the country's economic development and recognized the professionalism of public fund companies. Most investors at the forum advocated for long-term investment and expressed hope for improvement in the market and the fund industry. The Secretary of the Association's Party Committee and Vice President, Shi Zhenqiang, emphasized the importance of protecting the legal rights of fund investors as a major responsibility outlined in the Securities Investment Fund Law. The Association will continue to prioritize the interests of investors, strengthen communication with investors, respond to their concerns in a timely manner, guide industry institutions to have confidence in development, fulfill fiduciary duties, practice long-term investment, value investment, and rational investment, and strive to bring better returns to investors. Officials from the China Securities Regulatory Commission's office and institution department also participated in the forum.