Bodao Fund Motai Mountain: putting investors' returns first, seizing new opportunities in the development of public funds.

Recently, the China Securities Regulatory Commission issued the "Action Plan for Promoting the High-Quality Development of Public Funds." Mo Taishan, the chairman of Bodao Fund, stated that this is not only a specific measure to implement the spirit of the Central Political Bureau meeting and the new "nine national policies," but also a new requirement for industry development based on the summary of industry experience and lessons over the years, indicating a new direction. The introduction of this "Action Plan" is based on a profound understanding of the historical development and current situation of the industry. The "Action Plan" includes 25 measures such as establishing a floating management fee mechanism, strengthening long-term assessment, incorporating investor profits into assessment standards, optimizing industry structure, etc., to promote the industry's return to the origin of value creation. It is of great significance to encourage the industry to adhere to the original intention of "entrusted by others, managing assets for others," change development concepts, transform business practices, and return to the track of high-quality development.