[The first batch of 18 active ETFs were officially approved, injecting new momentum into the capital market] On October 19, after a three-month approval process, active ETFs were officially approved. The reporter learned that the approval of the first batch of 18 domestic active ETFs under public offerings marks an important innovative breakthrough in China's ETF market. It will further enrich the product spectrum of domestic public offerings and inject new momentum into the development of the capital market. Among them, 9 companies under the Shanghai Stock Exchange include E Fund, HuaXia, Yongying, Morgan, Huatai-PineBridge, China Universal, Huaan, China Merchants, and Ping An Fund; 9 companies under the Shenzhen Stock Exchange include Southern, Wells Fargo, Dacheng, Penghua, ICBC Credit Suisse, Huabao, Cathay Pacific, Tianhong, and CCB Principal Asset Management. From the perspective of strategic style, the first batch of products focus on robust investment strategies with large market capacity. Among them, 9 are balanced strategies, 4 are value strategies, 3 are dividend strategies, 1 is quality strategy, and 1 is market growth strategy. Among the 18 products, 13 adopt fundamental active stock selection strategies and 5 adopt quantitative strategies. The custodians of this batch of products involve a total of 12 institutions, including 7 banks (China Merchants Bank, China Construction Bank, Shanghai Pudong Development Bank, ICBC, Agricultural Bank of China, Bank of China, Industrial Bank) and 5 securities firms (Guosen Securities, Cathay Haitong, CITIC Securities, Shenwan Hongyuan, and GF Securities). As early as June 17 this year, the China Securities Regulatory Commission announced at the Lujiazui Forum that it would support exchanges in launching active ETFs. The Shanghai and Shenzhen Stock Exchanges simultaneously issued active ETF business guidelines, and then on July 17, the first batch of 18 active ETFs entered the reporting stage. (Reporter Zhou Xiaoya)