On July 19, two major state-owned capital management companies announced their strong confidence in the Chinese capital market and their plans to increase holdings in A-shares. China Guoxin stated that the company firmly believes in the development prospects of the Chinese capital market and supports the technological innovation and high-quality development of state-owned enterprises. Its subsidiary, Guoxin Investment Co., has already utilized over 50 billion yuan in stock repurchases and special loans to maintain market stability. In the future, it will continue to effectively use this policy tool along with its own funds to increase holdings in central enterprise stocks, resolutely maintaining the strategic value of core assets in the capital market and ensuring its stable and healthy operation. Meanwhile, China Chengtong announced that recently, the company and its subsidiaries, Chengtong Capital and Chengyang Investment, have focused on significantly increasing their holdings in Chinese stock assets, accumulating nearly 10 billion yuan in purchases. China Chengtong is optimistic about the prospects of the Chinese economy and capital market and will continue to use its own funds and stock repurchases to significantly increase its holdings in state-owned enterprises and technology companies' stocks and ETFs, making every effort to maintain the stable operation of the capital market.