J.P. Morgan Asset Management (China) recently announced that its shareholders, through affiliate J.P. Morgan Asset Management (Asia Pacific), will use proprietary funds totaling $75 million (approximately 500 million RMB) to invest in the J.P. Morgan Large Cap Growth Actively Managed Exchange Traded Stock Fund issued by the company. This investment will be made after the fund's listing and represents one of the largest proprietary fund investments by a fund company and its shareholders in the actively managed equity fund sector in recent years. The first batch of 18 actively managed ETF products in mainland China will be launched on October 22, with an expected initial fundraising scale exceeding 30 billion RMB.