Da Cheng Fund: putting investors first, creating a new pattern of equity investment development.

On May 7, the China Securities Regulatory Commission released the "Action Plan for Promoting the High-Quality Development of Public Funds." Da Cheng Fund believes that the plan highlights the orientation towards the best interests of investors, strengthens the interests binding between public funds and investors, and marks the industry entering a new phase with "investor returns" as the core. Equity investment is the key to creating unique value for investors in public funds, and this reform focuses on the high-quality development of equity funds, reshaping a new ecology of equity investment through a series of reform measures. Da Cheng Fund believes that the plan, through systematic institutional design and mechanism innovation, effectively transforms the policy orientation of "putting investor interests first" into operational institutional constraints, focusing on building a "four-in-one" institutional guarantee system to safeguard the high-quality development of equity investment.