**Overview** The announcement from the Xingquan CSI 300 Index Enhanced Securities Investment Fund (LOF) highlights critical changes to their purchasing policy. Effective June 3, 2025, the fund will suspend acceptance of large purchase requests and conversions into the fund. This measure affects different share classes of the fund, outlining specific investment limits for individual accounts. **Key Financials** The fund has set limits on large purchases to manage its financial stability: for Class A shares, the limit is set at 500,000 RMB per account; for Class C shares, it is 333,000 RMB; and similarly, Class Y shares also have a limit of 500,000 RMB per account. The implementation of these limits indicates a tactical approach by the fund management team aimed at reducing potential liquidity strain and ensuring stable operations. **Management Commentary** The fund management has articulated that this decision is made in the best interest of existing shareholders, asserting their commitment to maintaining the stability of fund assets. While they have not provided explicit guidance on expected future performance, the focus remains on protecting the interests of current investors amidst varying market conditions. **Trends and Drivers** The decision to limit large subscriptions suggests the presence of underlying liquidity demands or the necessity for portfolio adjustments within the fund. Such moves are typically reflective of broader trends in the investment landscape, with managers responding proactively to prevent overexposure or to safeguard against unforeseen market volatility. This points to an awareness of macroeconomic challenges that could impact fund operations moving forward. **Risks and Outlook** The announcement underscores several potential risks for investors. While the management team commits to prudent practices in fund oversight, they caution that there are no guarantees of profit or minimum returns from investments. Investors are advised to review all relevant fund documentation thoroughly. The resumption of large purchases will be communicated in subsequent announcements, which remains an important factor for those considering investments in the fund. **Conclusion** In summary, the suspension of large purchases by the Xingquan CSI 300 Index Enhanced Securities Investment Fund reflects a proactive management strategy aimed at ensuring fund stability and protecting shareholder interests. Investors should remain vigilant and informed about the evolving policies and the associated risks before proceeding with investments.