On July 22, China Jianyin Investment's subsidiary company, Guotai Asset Management received 183 million net subscriptions for its securities ETF, to exceed the 10 billion mark. From 3.61 billion at the beginning of the year to 10.15 billion, the increase was 181%, ranking first in the ETF industry. As of July 22, Guotai’s industry ETF scale was 19.1 billion yuan, or 46% of the total industry ETF scale.

Due to financial supply-side reforms, the medium and long-term development trends of the securities industry have greatly improved, and the launch of the STAR market has also enhanced the investment value of top securities. On the basis of the stable operation of existing ETF products, Guotai will continue to develop industry ETFs, including broad-based market index enhanced ETFs, reserve Smart Beta ETFs, as well as explore bond ETFs, so as to continuously upgrade and enrich the product line to meet the demand of different investors with differentiated advantages.