"Public Offering Increases Investment in ETF Ecosystem Construction, ETF Industry Competition Logic Faces Change"

In the past, whoever can be the first to launch the first ETF product and concentrate resources to gain an advantage will easily seize the opportunity in the competitive market of homogenized ETFs. But as the market size continues to expand, product homogenization intensifies, and investor demand continues to rise, the 5 trillion yuan ETF market relying solely on popular products is difficult to sustain. The industry is now transitioning from expanding product scale to systematic operation, shifting from selling products to creating an ecosystem. Recently, fund companies have been ramping up their efforts in building the ETF ecosystem, ushering in a major shift in the competition logic of the ETF industry.