The "calibration" action has accelerated, high-risk level fund products are no longer hidden.

Since the beginning of this year, more than 10 public offering institutions such as Everbright Prudential Trust Fund, Huaxia Fund, and Yongying Fund have made intensive adjustments to over 200 products, moving a large number of equity products from the R3 range to the R4 range in terms of risk level. This is not only a technical calibration of the "position red line" set by rating agencies, but also a positive response to the regulatory requirement for "deep penetration" - aiming to break the previous "misalignment" between product positioning and actual investment, promote the precise alignment of fund risk levels with the underlying asset's volatility characteristics, and further solidify the institutional foundation for protecting investor rights.