In order to strengthen the ability of the securities industry to serve the real economy and reduce the temporary impact of the epidemic on the business activities of securities companies, the proportion of securities companies paying securities investor maintenance funds will be lowered. It is estimated that the industry payment will decrease by 8% in 20 19 and 45% in 2020.

In strict accordance with the relevant provisions of the Measures for the Administration of Securities Investor Protection Funds in China (OrderNo. 124 of the CSRC), under the correct leadership of the CSRC and with the support of the Ministry of Finance and the People's Bank of China, insurance fund companies earnestly perform their duties of raising and managing insurance funds.

By raising insurance funds in a down-to-earth manner and collecting funds in a timely manner, the level of refined management of funds will be continuously improved to ensure the preservation, appreciation and safe custody of funds.