1. Yes, shareholders are people who hold shares in a joint-stock company or a limited liability company and have the right to attend the general meeting of shareholders and have the right to vote. They also refer to investors in other joint venture industrial and commercial enterprises, not funds.

2. Contractual funds, also known as unit trust funds, refer to specialized investment institutions (banks and enterprises) jointly investing in a fund management company. The fund management company serves as the principal by signing an agreement with the trustee.

Benefit certificates - "fund unit holding certificates" are issued in the form of "trust contracts" to raise idle funds in society.

Contractual funds are established by fund contracts signed between fund investors, fund managers, and fund custodians. The rights of fund investors are mainly reflected in the terms of the fund contract, and the main aspects of the fund contract terms are usually governed by fund laws.

regulated.