As financial technology continues to advance rapidly, technological innovation has become a core engine driving the high-quality development of the asset management industry. Amid the sweeping wave of digitalization and intelligent transformation, one fundamental question confronts all asset managers: How can technology move beyond being merely a “nice-to-have” tool and become a core productive force deeply integrated across the entire business value chain?

GF Fund Management’s answer is clear: make technological innovation a core engine of development, actively innovate across the full business chain—including investment research, product development, strategy research, and client services—and comprehensively enhance operational efficiency and professional capabilities, thereby establishing a new paradigm for modern asset management institutions.

I. Building the Digital Foundation: Establishing the Infrastructure for Technology Empowerment

As the saying goes, a craftsman must first sharpen his tools if he is to do his work well. Effective technology empowerment must begin with a solid digital infrastructure.

GF Fund Management places strong emphasis on technology empowerment and the deep integration of technological innovation with asset management. Since 2023, the Company has positioned technological innovation as a core engine of development. It has established a high-availability, elastic, and distributed digital infrastructure capable of supporting the localized deployment of large language models and the scaled application of AI, thereby laying a robust technological foundation for technology-enabled transformation across the entire business chain.

This digital infrastructure is capable not only of processing and analyzing massive volumes of data, but also of providing stable support for the deployment of AI technologies across investment research, risk management, operations, client services, and other functions. As a result, technology can be embedded throughout every aspect of the business, enabling a transition from isolated applications to end-to-end technology empowerment.

II. Integrating Technology into Investment Research: Upgrading Investment Capabilities through “Fundamental + Quantitative + AI”

Investment research lies at the heart of asset management and is one of the areas where technology can create the greatest value. GF Fund Management was among the earlier industry participants to develop integrated fundamental and quantitative investment teams and capabilities. Building on this foundation, it has introduced a three-pronged “Fundamental + Quantitative + AI” investment approach designed to improve the efficiency of beta capture and enhance the stability of alpha generation, with the aim of delivering excess returns in a more consistent and systematic manner.

The application of AI helps expand both the breadth of investment research coverage and the depth of analytical capabilities. On the one hand, AI can efficiently process and analyze vast amounts of data, helping investment professionals identify market opportunities more quickly and improve research efficiency. On the other hand, combining quantitative models with AI algorithms can make investment strategies more disciplined and systematic, reduce the impact of human emotions and behavioral biases, and enhance the consistency of excess returns.

Technology also plays an important role in the development of investment platforms. The Company has built a “Portfolio Management Cockpit” that supports the monitoring, performance attribution, and optimization of multiple strategies and portfolios, helping improve investment research efficiency. Through proprietary systems and tools, the Company is also able to scientifically monitor and constrain deviations in investment behavior and strengthen risk management, providing technological support for greater consistency in both investment performance and investment style.

III. Translating Technology into Products: Turning Technology Research into Investment Outcomes

Technology not only enhances investment research and decision-making, but is also deeply integrated into product development and strategy research. GF Fund Management translates its technology-focused research capabilities into investable products, creating a virtuous cycle in which technology empowers investment, while investment deepens exposure to technological innovation.

In the field of technology investing, GF Fund Management has developed a broad range of technology-focused investment products, with continued exposure to frontier themes including the full AI value chain, domestic and overseas computing infrastructure, energy storage, robotics, and innovative pharmaceuticals. Since 2025, a number of the Company’s technology-themed products have delivered strong performance, providing market validation of its investment capabilities in the technology sector.

From the development of technology-enabled investment research capabilities to the creation of products targeting technology-related opportunities, technology is no longer an abstract concept. Instead, it is being translated into tangible investment outcomes, allowing investors to participate in and benefit from the growth of the technology sector through fund products.

IV. Enhancing Client Services: Intelligent Solutions Improve the Investor Experience

Technological innovation in client services is one of the most direct ways for investors to experience the benefits of technology and represents an important interface between technology empowerment and end users.

In October 2025, GF Fund Management launched AiFa, the fund management industry’s first conversational intelligent wealth management assistant powered by a large language model. AiFa provides professional services 24 hours a day, seven days a week, overcoming the time constraints of traditional human-based services and making investor support more intelligent and convenient. Leveraging the natural language processing capabilities of large language models and a professional knowledge base, AiFa is able to accurately answer a wide range of investor questions and provide investment service guidance, significantly improving service efficiency and the overall user experience while making professional support more readily accessible.

In July 2026, GF Fund Management became one of the first asset management institutions to join Tencent ima’s knowledge base platform. The Company made years of accumulated investor education materials, market insights, product information, and other professional content available through the knowledge base. Investors can simply enter questions into the dialogue interface and retrieve relevant information directly, transforming the Company’s long-established professional investment expertise into accessible, ongoing support while lowering the knowledge barriers to investing.

Conclusion

From underlying digital infrastructure to investment decision-making, and from product innovation to client services, GF Fund Management has placed technological innovation at the center of its development strategy, promoting innovation and transformation across the entire business value chain. This comprehensive approach to technology empowerment not only improves the Company’s operational efficiency and professional capabilities, but also enables it to provide investors with better products and more convenient services.

As the asset management industry continues its transition toward modernization and digitalization, GF Fund Management has established a development path that deeply integrates technological innovation with asset management through forward-looking planning and practical implementation. Looking ahead, as artificial intelligence, big data, and other technologies continue to evolve, technology is expected to reshape the asset management industry to an even greater extent. GF Fund Management will continue to embrace innovation, deepen the integration of technology and business, drive capability enhancement through technology, and contribute to the development of the industry through continued innovation.

Risk Disclosure: Past performance of the fund manager is not indicative of its future performance, nor is it indicative of the future performance of any relevant fund. Investment in funds involves risks, and investors should exercise caution. Investors should select appropriate products based on their own risk tolerance. Markets are subject to fluctuations, and products with different investment styles may perform differently under different market conditions. Overseas investments are also subject to special risk factors, including foreign exchange risk and risks associated with overseas markets.