Caitong Group Army | Practicing Finance's "Benefits" with Cultural "Reality" — Caitong Securities Asset Management Takes the Lead in Fee Reduction, Safeguarding Long-term Value with Inclusive Finance

In the new cycle of high-quality public offering development, fee reform is not only a “key small matter” in the industry but also a “touchstone” to test the cultural integrity of financial institutions. Recently, Caitong Securities’ wholly owned subsidiary, Caitong Securities Asset Management, announced that starting February 24, it will waive subscription (purchase) fees when handling its public fund subscription (purchase) business through its direct sales channels. In line with the trend of high-quality industry development, Caitong Securities Asset Management took the lead in the industry, offering real benefits to investors, striving to enhance their sense of gain, and turning the industry’s cultural concepts of “compliance, integrity, professionalism, and prudence” into vivid practices of serving investors.

It is reported that the “Regulations on the Management of Sales Expenses of Publicly Offered Securities Investment Funds” will officially come into effect on January 1, 2026, marking the substantive implementation phase of the third stage of fee reform in the public fund industry. Caitong Securities Asset Management actively responds to regulatory guidance, proactively accelerates implementation during the one-year transition period of the new regulations. Industry experts point out that the fee reduction in the third stage, as the final step of public fund fee reform, is not only an important measure to deepen capital market reform and promote high-quality industry development but also a key practice for the securities and fund industry to strengthen cultural construction, uphold customer-centricity, and practice long-termism. This signifies that the public fund industry is accelerating its departure from pure price competition and entering a new competitive landscape centered on professional services, client companionship, and asset allocation capabilities.

Upholding “Finance for the People,” focusing on clients to support “long-term investment.” Since its establishment, Caitong Securities Asset Management has always aimed to “help investors embark on the most secure wealth journey.” Under the strategic deployment of the group to reshape client operations around a “customer-centric” approach and build a “full-cycle, whole-group, whole-ecosystem” service system, it leverages its professional strengths as an asset management institution,坚持价值投资与长期主义，深化长周期考核机制。这种不唯规模、重在内功的定力，深刻诠释了“金融为民”的行业文化内容。Caitong Securities Asset Management, while reducing fees and offering benefits, continues to enhance active management capabilities and service quality, guiding investors toward long-term and rational investing.

Zero fees are not the end of competition but a new starting point for service upgrades. The core measure of an asset management institution’s service capability is no longer traditional scale figures; profitability experience, long-term holding ratios, and asset allocation effectiveness will become the new benchmarks. Caitong Securities Asset Management will focus on providing investors with higher-quality, more diverse financial services, continuously improving multi-asset, multi-strategy product matrices, and creating all-weather, cross-cycle high-quality investment tools. It will also strengthen asset allocation, digital intelligence, and service companionship capabilities to offer professional and warm services to investors.

Looking ahead to the new “14th Five-Year Plan” development chapter, Caitong Securities Asset Management will always adhere to its responsibilities of serving the real economy, supporting national development strategies, and fulfilling people’s aspirations for a better life. Guided by industry cultural values, it will focus on the “five big articles” of finance—practicing inclusive finance with warm services, deepening “tech finance” and “green finance” through value investing and investment-connection synergy, implementing “pension finance” through pension products, and promoting “digital finance” development through digital intelligence. It aims to safeguard the long-term value of people’s wealth, enhance investors’ sense of gain, and strive to become a disseminator and practitioner of Chinese-style financial culture, contributing more to the high-quality development of the modern financial system with Chinese characteristics.

Risk reminder: Investment involves risks; please choose carefully. Caitong Securities Asset Management maintains a separation of business operations from its shareholders, who do not directly participate in the investment and operation of the company’s products. There is a firewall and fair trading mechanism between the company’s public fund business and securities asset management business. The company commits to managing and utilizing asset management products and fund assets with honesty, diligence, and responsibility but does not guarantee profits or minimum returns. Investors should carefully read the product contracts, prospectuses, and risk disclosures before investing in the company’s products. The content and information contained herein are for reference only and do not constitute any investment advice, promise, or legal document.