The disclosure of the 2026 public fund second quarter report was completed a few days ago. Under regulatory requirements, this year's second quarterly report showed the investor system the long-term performance data of fund products over the past 7 and 10 years for the first time. A number of fund products that have crossed the cycle handed over a 10-year impressive report card, and the long-term investment concept of public funds has been fully confirmed. This centralized disclosure of long-term results stemmed from a major innovation in the public fund information disclosure system. In March of this year, the China Securities Regulatory Commission issued the revised “Guidelines for Disclosure of Information on Publicly Raised Securities Investment Funds No. 2 - Content and Format of Periodic Reports”, which took effect on May 1. Subsequently, the China Securities Investment Fund Industry Association disclosed the “Securities Investment Fund Information Disclosure XBRL Template”, requiring fund managers to add the medium- to long-term performance of new products for the past 7 or 10 years in annual reports, semi-annual reports, and quarterly reports, and not to disclose the past 1 month's results.

The disclosure of the 2026 public fund second quarter report was completed a few days ago. Under regulatory requirements, this year's second quarterly report showed the investor system the long-term performance data of fund products over the past 7 and 10 years for the first time. A number of fund products that have crossed the cycle handed over a 10-year impressive report card, and the long-term investment concept of public funds has been fully confirmed. This centralized disclosure of long-term results stemmed from a major innovation in the public fund information disclosure system. In March of this year, the China Securities Regulatory Commission issued the revised “Guidelines for Disclosure of Information on Publicly Raised Securities Investment Funds No. 2 - Content and Format of Periodic Reports”, which took effect on May 1. Subsequently, the China Securities Investment Fund Industry Association disclosed the “Securities Investment Fund Information Disclosure XBRL Template”, requiring fund managers to add the medium- to long-term performance of new products for the past 7 or 10 years in annual reports, semi-annual reports, and quarterly reports, and not to disclose the past 1 month's results.