[Ruifang Fund announces 500 million self-purchases. The amount of private placement and self-purchase during the year has exceeded 2.5 billion yuan] On November 6, Ruifang Fund announced today that based on its optimism for the long-term and stable development of China's capital market and the confidence in the team's active management capabilities, Ruifang Fund and its core members will use 500 million yuan of their own funds to subscribe for the company's products within two weeks from the date of this announcement. The A-share market has continued to fluctuate recently, but the private equity industry has set off a new round of self-purchasing boom. Incomplete statistics from the private equity ranking network show that as of November 6, 2026, 14 private equity managers including Kaifeng Investment, Hanhe Capital, and Wuyu Asset have announced self-purchases since October. Since the beginning of this year, 41 private equity managers have purchased their own products for a total of 2.533 billion yuan. (Reporter Li Di)