As important institutional investors in the capital market and leaders in the large asset management industry, public offering funds play an increasingly important role in serving the development of the real economy, improving the governance of listed companies, gathering high-quality, high-end talent, and helping residents improve property incomes.On April 26, the CSRC issued ‘Opinions on Accelerating the High-quality Development of the Public Offering Fund Industry’. By the end of October 2022, the net value of assets under public fund management in China reached RMB 26.58 trillion (about USD 3.69 trillion), and there were a total of 10,249 securities investment funds. The long-term performance of the equity funds significantly exceeded the stock market index, and the total amount of dividends paid to investors exceeded RMB 3 trillion (about USD 420 billion). Individual investors' trust in public funds is increasing, and entering the market through investment in public funds is becoming increasingly popular.As the first public fund management company established in the Hainan Free Trade Port, Huibaichuan Fund Management will facilitate the implementation of cross-border asset management and other policies related to financial reform & opening-up on the tropical island.