Aggregate asset management plan: This refers to that securities companies and futures companies set up aggregate asset management plans, sign aggregate asset management contracts with customers, entrust customer assets to commercial banks, securities companies or other institutions recognized by China Securities Regulatory Commission for custody, and provide asset management services to customers through special accounts. In this way, the assets of multiple customers are concentrated for unified management and investment.

Single asset management plan: refers to the business that a securities company signs a directional asset management contract with a single customer and provides asset management services to customers through customer accounts. In this way, securities companies provide customized asset management services according to the specific needs of individual customers.