1. Investment decision: The fund company will make investment decision plans based on market analysis and survey results, including specific operations such as asset allocation and trading.

2. Market analysis and research: Before conducting investment transactions, fund companies need to conduct market analysis and research to understand market trends and investment opportunities.

3. Order generation: the fund company will generate corresponding buy or sell orders according to the investment decision plan.

4. Entrusted transaction: the fund company sends the generated instructions to the securities company or exchange for buying or selling.