China Chengtong significantly increased its holdings of Chinese stock assets.

Recently, China Chengtong and its subsidiaries Chengtong Capital and Chengyang Investment have focused on increasing their holdings of Chinese stocks by large state-owned enterprises, with a cumulative purchase of nearly 10 billion yuan. China Chengtong is optimistic about the prospects of the Chinese economy and the capital market, and will continue to use its own funds and stock repurchases to increase its holdings, and will also seek to increase its holdings of stocks and ETFs of state-owned enterprises and technology companies with large loans in the future, in order to maintain the stable operation of the capital market.