The Politburo meeting of the CPC Central Committee recently underscored the importance of bolstering the allure and inclusivity of domestic capital markets to solidify their stabilizing and improving trajectory. Sustaining this momentum hinges critically on the long-term backing and expert nurturing of patient capital, with public funds standing at the forefront. By the end of July, public funds had amassed a total size of 34.48 trillion yuan, underscoring the robust vitality of the asset management sector and marked shifts in asset allocation dynamics. The internal landscape of the public fund industry continues to refine, with expanding the scale and share of equity investments emerging as an industry-wide consensus. This dual approach not only addresses investors' wealth management aspirations but also amplifies the role of public funds in value identification and resource allocation, thereby fostering the capital market's high-quality development. Industry experts maintain an optimistic outlook on these developments.