Multiple funds collectively announced a reduction in fees.

On March 27, 13 funds under Southern Fund simultaneously lowered their fees. At the same time, the largest cross-border ETF in the market - the Fortune SGAM CSI Hong Kong Stock Connect Internet ETF - officially lowered its fees from the 27th. Including funds under Huaxin Fund and Invesco Great Wall Fund, the number of funds that have lowered management and custodian fees since 2026 has exceeded 70. Compared to the end of 2023, the average level of fund management and custodian fees in the market has decreased. Compared to the end of 2025, there has also been a slight decrease in fund sales service fees, which was the focus of the third stage of fee reform. These reductions in fees in different areas bring annual benefits of over 50 billion yuan to investors.