Xingyin Fund: Adhere to the industry's essence, explore new opportunities for differentiated development.

Recently, the China Securities Regulatory Commission introduced the "Action Plan to Promote the High-Quality Development of Public Funds." Xingyin Fund stated that the plan implements the new "nine regulations" and directly targets the core contradictions in the public fund industry. Through systematic institutional design, it aims to reshape the value chain of the public fund industry, reconstruct the ecological system of the industry, and shift the industry from "scale expansion" to "value creation." Xingyin Fund believes that the introduction of the plan has far-reaching significance for companies to base themselves on their own endowments, adhere to long-termism, explore precise positioning, and achieve differentiated development through strategic focus.