| Full text of information |
The Fund Agreement came into force on July 31, 2015.
Important tips
The investment is risky, and investors should carefully read the prospectus when subscribing for the fund.
The Fund is an equity fund, which belongs to the fund category with high expected risk and high expected return. Its expected risk and expected return are higher than those of money market funds, bond funds and hybrid funds. From the perspective of the two types of fund shares separated by the Fund, China Shipping CSI High Speed Rail A shares are characterized by low risk and relatively stable returns, while China Shipping CSI High Speed Rail B shares are characterized by high risk and high expected returns.
The past performance of the Fund does not predict its future performance.
This summary is prepared in accordance with the fund contract and the fund prospectus, and has been approved by the CSRC. A fund contract is a legal document that stipulates the rights and obligations between the fund parties. When a fund investor acquires fund shares in accordance with the fund contract, he or she becomes a fund share holder and a party to the fund contract. His or her holding of fund shares itself indicates his or her recognition and acceptance of the fund contract, and he or she enjoys rights and assumes obligations in accordance with the Fund Law, the Operating Measures, the fund contract and other relevant provisions. If the fund investor wants to know the rights and obligations of the fund share holder, he should consult the fund contract in detail.
The deadline for the contents contained in this Prospectus is January 31, 2017, and the deadline for the relevant financial data and net worth performance is December 31, 2016 (the financial data is not audited).
1、 Fund manager
（1） Overview of the Fund Manager
The Fund Manager is China Overseas Fund Management Co., Ltd., and the basic information is as follows:
Name: China Shipping Fund Management Co., Ltd
Address: Room 2905-2908 and 30/F, No. 68, Yincheng Middle Road, China (Shanghai) Pilot Free Trade Zone
Office address: Room 2905-2908 and 30/F, No. 68, Yincheng Middle Road, Pudong New Area, Shanghai
Postal code: 200120
Date of establishment: March 18, 2004
Legal representative: Huang Peng
General Manager: Huang Peng
Business scope: fund raising, fund sales, asset management and other businesses permitted by the CSRC. [Projects that must be approved according to law can only be operated after being approved by relevant departments]
Approved by: China Securities Regulatory Commission
Approval No. of establishment: Zheng Jian Ji Jin Zi [2004] No. 24
Organizational form: limited liability company (Sino foreign joint venture)
Registered capital: One hundred and forty-six million six hundred and sixty-six thousand seven hundred yuan
Duration: continuous operation
Contact: Ge Weigeng
Tel: 021-38429808
Name of shareholders and their proportion of capital contribution:
China Shipping Trust Co., Ltd. 41.591%
Guolian Securities Co., Ltd. 33.409%
France Edmund Rochelle Bank Co., Ltd. 25.000%
（2） Key personnel
1. Board members
Mr. Huang Xiaofeng, Chairman of the Board. Master of Renmin University of China, senior economist. He is now the president and secretary of the Party Committee of China Shipping Trust Co., Ltd. He has successively served as the teaching assistant of Hubei Planning Management Cadre College, the chief staff member of the Management Department of the State Oceanic Administration, the cadres of the Planning Project Department and the Economic Evaluation Department of CNOOC, the insurance director of the insurance department, the tax insurance post and the agent financing post manager of CNOOC Limited, the deputy director, the agent director and the director of the fund department, and the general manager of CNOOC Finance Co., Ltd.
Mr. Pang Jian, Director. Bachelor degree from Renmin University of China, senior accountant. He is now the General Manager of the Fund Department of China National Offshore Oil Corporation. He has successively served as the foreign affairs accountant of the Planning and Finance Department of the Foreign Cooperation Department of Bohai Oil Company, the financial professional representative of the Joint Management Committee of Bohai 13/03 Cooperation Zone, the financial professional representative of the Joint Management Committee of Bohai 10/15, 11/19 and 06/17 Cooperation Zone, the cadre of the Audit Department of CNOOC, the cadre of the Third Business Department of CNOOC Accounting and Audit Company, and the manager of the Third Audit Business Department (deputy department level), Director of the Third Audit Division of the Audit Department of CNOOC (Limited), Project Audit Manager, Investment Project Audit and Investigation Manager and Internal Audit Manager of the Audit and Supervision Department, General Manager of the Audit and Supervision Department of CNOOC Limited, Deputy General Manager of the Audit and Supervision Department and Director of the Audit Center of CNOOC (Limited), Deputy General Manager of China National Offshore Oil International Co., Ltd.
Mr. Huang Peng, director. Master of Fudan University. He is currently the General Manager of China Shipping Fund Management Co., Ltd. and Chairman of China Shipping Hengxin Asset Management (Shanghai) Co., Ltd. He has successively served as the Sales Manager of Shanghai New Changning (Group) Co., Ltd., the Secretary of the President of Dalian Branch of Shanghai Pudong Development Bank Co., Ltd., the Assistant Manager of the General Management Department, the Manager of the Investment Management Department and the member of the Risk Control Committee of China Shipping Trust Co., Ltd., the Secretary of the Board of Directors, the Assistant General Manager and the General Manager of the Marketing Center of China Shipping Fund Management Co., Ltd.
Mr. Peng Yanbao, Director. Bachelor of Tsinghua University. He is now the president of Guolian Securities Co., Ltd. He has successively served as the trader of Wuxi Securities Company (the predecessor of Guolian Securities), the investment manager of Guolian Securities Co., Ltd., the investment manager of Wuxi Guolian Investment Management Consulting Co., Ltd., and the manager of the investment department of Hong Kong Xizhou International Co., Ltd, General Manager and Chief Investment Officer of Investment Management Department of China Shipping Fund Management Co., Ltd. (during which he also served as Fund Manager of China Shipping Quality Growth Securities Investment Fund), General Manager and Chief Risk Control Officer of Risk Management Department, Assistant President of Guolian Securities Co., Ltd., General Manager and Vice President of Securities Investment Department.
Mr. Jiang Zhiqiang, director. Master of Southeast University. He is now the Vice President of Guolian Securities Co., Ltd. He has successively served as a trader of Guolian Securities Co., Ltd. (formerly Wuxi Securities) Shanghai Hailun Road Securities Business Department, investment supervisor of Securities Investment Department, deputy general manager and general manager of Shanghai Handan Road Securities Business Department, general manager of Wuxi County Qiandong Street Securities Business Department, general manager of Wuxi Renmin East Road Securities Business Department, general manager of Wealth Management Center, general manager of Wuxi Huaxia South Road Securities Business Department Assistant to President and General Manager of Asset Management Department, Vice President and General Manager of Asset Management Department.
Ms. MOLING CHEN, director. Australian nationality. MBA, Monash University, Australia. He is currently the managing partner of Edmund Rothschild China Private Equity Fund Phase I and II. He has successively served as the chemical analyst of the Melbourne Institute of Pharmaceutical Technology, the regional manager of Kelon Biology in Melbourne, Australia, and the senior investment director of Biovida China Fund.
Mr. Chen Daofu, independent director. Master of Financial Research Institute of the People's Bank of China. He is now the director of the Comprehensive Research Office of the Institute of Finance of the Development Research Center of the State Council. He was once the assistant to the president of Zhongguancun Securities Company.
Mr. WEIDONG WANG, independent director. American nationality. Doctor of the University of Chicago. He is a partner of Beijing Zhonglun Law Firm, and has successively served as a lawyer of Sidley Austin's Chicago headquarters, a visiting professor of the International MBA Program of the National Development Research Institute of Peking University, a partner of Beijing Deheng Law Firm, and a partner of American Dejie Law Firm.
Mr. Zhang Jun, independent director. Doctor of Fudan University. He is currently the Dean of School of Economics of Fudan University, Director of China Economic Research Center, Distinguished Professor of "Contemporary China Economy" Changjiang Scholar of Fudan University, Vice Dean of Fudan Development Research Institute, and doctoral supervisor.
2. Members of the Board of Supervisors
Ms. Zhang Yue, Chairman of the Board of Supervisors. Master, senior accountant. He is currently the general auditor, director of the Party Office and general manager of the trust affairs management headquarters of China Shipping Trust Co., Ltd. He has successively served as Deputy Manager of the Trading Department of Beijing Petroleum Exchange, Accounting of the Planning and Finance Department and Enterprise Management Department of CNOOC East China Sea Company, Manager of the Planning and Finance Department of the Pinghu Production Project of CNOOC, Post Manager of the Planning and Finance Department of CNOOC Shanghai Branch, Accounting of the Planning and Finance Department of CNOOC Trust Co., Ltd., Manager of the Planning and Finance Department, Manager of the Audit Department Deputy Secretary of the Commission for Discipline Inspection, Chief Compliance Officer.
Mr. Pascal CHARLOT, supervisor. French nationality. Master of the Department of Finance, University of Avery, France; Master of the Department of Finance, National Institute of Telecommunications Management, France. Currently, he is a member of the board of directors, executive director, chief operating officer, person in charge of Category 1 and Category 9 regulated activities of Edmund Rothschild Asset Management (Hong Kong) Co., Ltd., and chief financial officer of Edmund Rothschild Group in Asia Pacific. He has successively served as the customer manager of the global IT department of BNP Paribas, the project manager of BNP Paribas Singapore Branch, the chief financial officer of Edmund Rothschild Asset Management Hong Kong Limited, the chief operating officer of Edmund Rothschild Asset Management Hong Kong Limited, and the person in charge of Category 1 and Category 9 regulated activities.
Mr. Kang Tiexiang, employee supervisor. Doctor. He is now the general manager of the risk control audit department of China Overseas Fund Management Co., Ltd. He has successively served as a member of the financial department of Shandong Zhaoyuan Embroidery Factory, a member of the foreign exchange business department of Shanghai Pudong Development Bank, an assistant risk control manager and risk control manager of the risk management department of China Overseas Fund Management Co., Ltd., an assistant to the general manager of the risk management department, and a general manager and risk control director of the risk management department.
Mr. Zhang Qi, employee supervisor. Bachelor. He is now the General Manager of Information Technology Department of China Overseas Fund Management Co., Ltd. He has successively served as the manager of the technology department of Shenyang Lianzheng Technology Co., Ltd., the manager of the network department of Beijing Zhida Saidu Technology Co., Ltd., the manager of the technical support department of Shanghai Zhida Information Industry Co., Ltd., the engineer of the information technology department, the assistant to the general manager of the information technology department, and the deputy general manager of the information technology department of China Overseas Fund Management Co., Ltd.
3. Senior management
Mr. Huang Peng, General Manager. Master of Finance, Fudan University. He has successively served as Sales Manager of Shanghai New Changning (Group) Co., Ltd., President Secretary of Dalian Branch of Shanghai Pudong Development Bank Co., Ltd., Manager Assistant of General Management Department, Manager of Investment Management Department and member of Risk Control Committee of China Shipping Trust Co., Ltd. He joined the company in October 2007 and served as the secretary of the board of directors, assistant to the general manager and general manager of the marketing center. He has been the general manager of the company since October 2011, director of the company since February 2013, and chairman of the board of directors of Zhonghai Hengxin Asset Management (Shanghai) Co., Ltd. since July 2013.
Mr. Song Yu, Executive Deputy General Manager. Bachelor of Science and Statistics, Fudan University, economist. He has successively served as Secretary of Wuxi Municipal Bureau of Statistics, Deputy Manager of Business Department, Deputy Manager of Issuance Research Department, Office Director and General Manager of Research and Development Department of Guolian Securities Co., Ltd. He joined the company in March 2004 and has successively served as the chief inspector and deputy general manager of the company (during the period from January 2011 to October 2011, he also served as the acting general manager of the company, and from May 2014 to October 2014, he also served as the acting chief inspector of the company), and has served as the executive deputy general manager of the company since April 2015.
Ms. Wang Li, Inspector General. Bachelor of International Economic Law, East China University of Political Science and Law. He has successively served as a translator in the Research Department of BOC International Securities Co., Ltd. and a lawyer assistant in Shanghai Yuantai Law Firm. He joined the company in September 2006 and successively served as the supervision and audit manager of the supervision and audit department, the department head of the supervision and audit department, the chief inspector and general manager of the supervision and audit department and the person in charge of information disclosure. Since May 2015, he has been the chief inspector and the person in charge of information disclosure of the Company.
4. Fund Manager
Mr. Peng Haiping, Master of Probability Theory and Mathematical Statistics, University of Science and Technology of China. He joined the company in July 2009 and has successively served as assistant analyst of financial engineering, financial engineering analyst, financial engineering analyst and fund manager assistant. From January 2013 to now, he has been the fund manager of the CSI 50 index enhanced securities investment fund, from July 2015 to now, he has been the fund manager of the CSI high-speed railway industry index graded securities investment fund, from April 2016 to now, he has been the fund manager of the China Shipping Advantage Selection Flexible Allocation Hybrid Securities Investment Fund, and from December 2016 to now, he has been the fund manager of the China Shipping Quantitative Strategy Hybrid Securities Investment Fund.
5. Successive fund managers
The Fund Contract of the Fund came into force on July 31, 2015, and the successive fund managers are as follows:
Name of fund manager Time of managing the fund
Peng Haiping July 31, 2015 - present
6. Members of the Investment Decision making Committee
Mr. Huang Peng, Chairman. He is currently the director and general manager of China Overseas Fund Management Co., Ltd.
Ms. Xu Dingqing, member of the committee. Currently, he is acting as the chief investment officer, deputy chief investment officer and fund manager of China Overseas Fund Management Co., Ltd.
Mr. Xia Chunhui, member of the committee. He is currently the Deputy Director of Investment, Chief Strategic Analyst and Fund Manager of China Overseas Fund Management Co., Ltd.
Mr. Jiang Xiaozhen, member of the committee. He is currently the Deputy Director of Investment and Fund Manager of China Overseas Fund Management Co., Ltd.
Mr. Jiang Jialiang, member. He is now the General Manager and Fund Manager of the Research Department of China Overseas Fund Management Co., Ltd.
7. None of the above personnel has close relatives.
2、 Fund Custodian
Name: China Merchants Securities Co., Ltd
Address: 38-45/F, Building A, Jiangsu Building, Yitian Road, Futian District, Shenzhen, Guangdong Province
Office address: 38-45/F, Building A, Jiangsu Building, Yitian Road, Futian District, Shenzhen, Guangdong Province
Legal representative: Gong Shaolin
Time of establishment: August 1, 1993
Organizational form: limited liability company
Registered capital: 5.808 billion yuan
Duration: continuous operation
Approval document and document number of fund custody qualification: ZJXK [2014] No. 78
Contact: Qin Xiang
Tel: 0755-26951111
China Merchants Securities is a century old financial enterprise under China Merchants Group. After more than 20 years of entrepreneurial development, it has become a first-class broker with a full license for securities market business, and has been rated as Class A AA broker by the China Securities Regulatory Commission. China Merchants Securities has stable and sustainable profitability, scientific and reasonable risk management structure, and professional service capabilities. The company has multi-level customer service channels. It has 200 approved securities business departments and 11 securities brokerage business management branches in Beijing, Shanghai, Guangzhou, Shenzhen and other cities. At the same time, it has branches in Hong Kong, with wholly-owned China Merchants Securities International Co., Ltd., China Merchants Futures Co., Ltd., China Merchants Zhiyuan Capital Investment Co., Ltd China Merchants Securities Investment Co., Ltd., China Merchants Securities Asset Management Co., Ltd., share in Boshi Fund Management Co., Ltd. and China Merchants Fund Management Co., Ltd., and build a comprehensive securities service platform integrating domestic and international business. China Merchants Securities is committed to "comprehensively enhance core competitiveness and build the best investment bank in China". The company will achieve customer value growth with excellent financial services, promote the progress of the securities industry, and aspire to build an international financial institution with rich products, first-class services, outstanding capabilities, and excellent brands, and become an excellent financial enterprise with customer trust, social respect, shareholder satisfaction, and employee pride.
3、 Relevant service agencies
1、 Fund unit sales agency
1. OTC sales organization
(1) Direct selling mechanism
1) China Shipping Fund Management Co., Ltd
Address: Room 2905-2908 and 30/F, No. 68, Yincheng Middle Road, China (Shanghai) Pilot Free Trade Zone
Office address: Room 2905-2908 and 30/F, No. 68, Yincheng Middle Road, Pudong New Area, Shanghai
Legal representative: Huang Peng
Tel.: 021-68419518
Fax: 021-68419328
Contact: Zhou Ying
Customer service hotline: 400-888-9788 (toll free) or 021-38789788
Website: www.zhfund.com
2) China Overseas Fund Management Co., Ltd. Beijing Branch
Domicile: F218, Building 1, No. 158, Fuxingmennei Street, Xicheng District, Beijing
Office address: F218, Building 1, No. 158, Fuxingmennei Street, Xicheng District, Beijing
Person in charge: Li Xiang
Tel.: 010-66493583
Fax: 010-66425292
Contact: Zou Yi
Customer service telephone: 400-888-9788 (toll free)
Website: www.zhfund.com
3) Online trading system
Website: www.zhfund.com
(2) OTC sales agency
(1) China Merchants Securities Co., Ltd
Domicile: 38-45/F, Block A, Jiangsu Building, Yitian Road, Futian District, Shenzhen
Office address: 38-45/F, Block A, Jiangsu Building, Yitian Road, Futian District, Shenzhen
Legal representative: Gong Shaolin
Tel.: 0755-82943666
Fax: 0755-82943636
Contact: Lin Shengying
Customer service telephone: 95565
Website: www.newone.com.cn
(2) Ping An Bank Co., Ltd
Domicile: No. 5047, Shennan East Road, Shenzhen
Office address: 5047 Shennan East Road, Shenzhen, Guangdong
Legal representative: Sun Jianyi
Tel: 021-38637673
Fax: 021-50979507
Contact: Zhang Li
Customer service telephone: 95511-3
Website: www.bank.pingan.com
(3) Shanghai Pudong Development Bank Co., Ltd
Domicile: No. 12, Zhongshan East 1st Road, Shanghai
Office address: No. 12, Zhongshan East 1st Road, Shanghai
Legal representative: Ji Xiaohui
Tel.: 021 － 61616193
Fax: 021-63604196
Contact: Gao Tian, Yang Wenchuan
Customer service telephone: 95528
Website: www.spdb.com.cn
(4) Bank of Ningbo Co., Ltd
Registered address: No. 700, Ningnan South Road, Yinzhou District, Ningbo City, Zhejiang Province, China
Office address: No. 700, Ningnan South Road, Yinzhou District, Ningbo City, Zhejiang Province, China
Legal representative: Lu Huayu
Contact: Wang Haiyan
Tel.: 0574-89103171
Fax: 0574-89103213
Customer service telephone: 95574
website: http://www.nbcb.com.cn/
(5) Guolian Securities Co., Ltd
Domicile: 7-9/F, No. 8, Financial 1st Street, Taihu New Town, Wuxi City
Office address: 7-9/F, No. 8, Financial 1st Street, Taihu New Town, Wuxi
Legal representative: Yao Zhiyong
Tel.: 0510-82831662
Fax: 0510-82830162
Contact: Shen Gang
Customer service telephone: 95570
Website: www.glsc.com.cn
(6) Changjiang Securities Co., Ltd
Address: Changjiang Securities Building, No. 8 Xinhua Road, Wuhan
Office address: Changjiang Securities Building, No. 8 Xinhua Road, Wuhan
Legal representative: Hu Yunzhao
Tel.: 027-65799999
Fax: 027-85481900
Contact: Li Liang
Customer service telephone: 95579 or 4008-888-999
Website: www.95579.com
(7) Haitong Securities Co., Ltd
Address: No. 689, Guangdong Road, Shanghai
Office address: No. 689, Guangdong Road, Shanghai
Legal representative: Wang Kaiguo
Tel.: 021-23219000
Fax: 021-23219100
Contact: Jin Yun, Li Xiaoming
Customer service telephone: 95553
Website: www.htsec.com
(8) China Galaxy Securities Co., Ltd
Address: Block C, International Enterprise Building, No. 35, Financial Street, Xicheng District, Beijing
Office address: Block C, International Enterprise Building, No. 35, Financial Street, Xicheng District, Beijing
Legal representative: Chen You'an
Tel.: 010-66568430
Fax: 010-66568990
Contact: Tian Wei
Customer service telephone: 4008-888-888
Website: www.chinastock.com.cn
(9) CSC Securities Co., Ltd
Address: Building 4, No. 66, Anli Road, Chaoyang District, Beijing
Office address: No. 188, Chaoyangmennei Street, Dongcheng District, Beijing
Legal representative: Wang Changqing
Contact: Quan Tang, Xu Mengyuan
Tel: 400-8888-108
Open ended fund consultation hotline: 400-8888-108
Open ended fund business fax: 010-65182261
Website: www.csc108.com
(10) Guotai Jun'an Securities Co., Ltd
Registered address: No. 618, Shangcheng Road, China (Shanghai) Pilot Free Trade Zone
Office address: 29/F, Bank of Shanghai Building, 168 Yincheng Middle Road, Pudong New Area, Shanghai
Legal representative: Yang Dehong
Tel.: 021-38676161
Fax: 021-38670161
Contact: Rui Minqi
Customer service telephone: 400-888-8666/95521
Website: www.gtja.com
(11) Shenwan Hongyuan Securities Co., Ltd
Domicile: Floor 45, No. 989, Changle Road, Xuhui District, Shanghai
Office address: Floor 45, No. 989, Changle Road, Xuhui District, Shanghai
Legal representative: Li Mei
Tel.: 021-33389888
Fax: 021-33388224
Contact: Huang Ying
Customer service telephone: 95523 or 4008895523
Website: www.swhysc.com
(12) Soochow Securities Co., Ltd
Domicile: Floors 18-21, Business Travel Building, No. 181, Cuiyuan Road, Suzhou Industrial Park, Jiangsu Province
Office address: Floors 18-21, Business Travel Building, No. 181, Cuiyuan Road, Suzhou Industrial Park, Jiangsu Province
Legal representative: Fan Li
Tel.: 0512-65581136
Fax: 0512-65588021
Contact: Fang Xiaodan
Customer service hotline: 0512-33396288
Website: www.dwzq.com.cn
(13) Everbright Securities Co., Ltd
Address: No. 1508, Xinzha Road, Jing'an District, Shanghai
Office address: 1508 Xinzha Road, Jing'an District, Shanghai
Legal representative: Xue Feng
Tel.: 021-22169999
Fax: 021-22169134
Contact: Liu Chen
Customer service telephone: 95525
Website: www.ebscn.com
(14) Hualong Securities Co., Ltd
Address: No. 308, Jingning Road, Lanzhou City, Gansu Province
Office address: Fortune Building, No. 638, Donggang West Road, Chengguan District, Lanzhou City
Legal representative: Li Xiao'an
Tel: 0931-8784656, 4890208
Fax: 0931-4890628
Contact: Li Xintian
Customer service telephone: 400-689-8888
Website: www.hlzqgs.com
(15) Zhongtai Securities Co., Ltd
Domicile: Brokerage Headquarters, 23rd Floor, No. 86, Jingqi Road, Jinan, Shandong
Legal representative: Li Wei
Tel.: 0531-68889115
Fax: 0531-68889752
Contact: Wu Yang
Customer service telephone: 95538
Website: www.qlzq.com.cn
(16) First Venture Securities Co., Ltd
Address: 20/F, Investment Banking Building, No. 115, Fuhua 1st Road, Futian District, Shenzhen, Guangdong Province
Office address: 18/F, Investment Bank Building, No. 115, Fuhua 1st Road, Futian District, Shenzhen, Guangdong Province
Legal representative: Liu Xuemin
Contact: Wu Jun
Tel.: 0755-23838751
Fax: 0755-82485081
Customer service telephone: 400-888-1888
Website: www.firstcapital.com.cn
(17) Shenwan Hongyuan Western Securities Co., Ltd
Registered address: Room 2005, 20th Floor, Dacheng International Building, No. 358, Beijing South Road, High tech Zone (New Urban Area), Urumqi, Xinjiang
Office address: Room 2005, 20th Floor, Dacheng International Building, No. 358, Beijing South Road, High tech Zone (New City), Urumqi, Xinjiang (postcode: 830002)
Legal representative: Xu Jianping
Tel.: 010-88085858
Fax: 010-88085195
Contact: Li Wei
Customer service telephone: 400-800-0562
Website: www.hysec.com
(18) Bohai Securities Co., Ltd
Address: Room 101, Office Building, No. 42, Second Avenue, Tianjin Economic and Technological Development Zone
Office address: No. 8, Binshui West Road, Nankai District, Tianjin
Legal representative: Du Qingping
Contact: Wang Zhaoquan
Tel.: 022-28451861
Fax: 022-28451892
Customer service telephone: 400-651-5988
Website: www.bhzq.com
(19) Guojin Securities Co., Ltd
Address: No. 95, Dongchenggenshang Street, Chengdu
Office address: Floor 6, 16 and 17, No. 95, Dongchenggenshang Street, Chengdu
Legal representative: Ran Yun
Contact: Liu Jingyi, Jia Peng
Tel: 028-86690057, 028-86690058
Fax: 028-86690126
Customer service telephone: 95310
Website: www.gjzq.com.cn
(20) Cinda Securities Co., Ltd
Address: Building 1, Yard 9, Naoshikou Street, Xicheng District, Beijing
Office address: Building 1, Yard 9, Naoshikou Street, Xicheng District, Beijing
Legal representative: Zhang Zhigang
Contact: Tang Jing
Tel: 010-63081000
Fax: 010-63080978
Customer service telephone: 95321
Website: www.cindasc.com
(21) CITIC Securities Co., Ltd
Address: North Block, Excellence Times Square (Phase II), No. 8, Zhongxin Third Road, Futian District, Shenzhen
Office address: CITIC Securities Building, 48 Liangmaqiao Road, Chaoyang District, Beijing
Legal representative: Wang Dongming
Tel: 010-60838888
Fax: 010-60833739
Contact: Gu Ling
Customer service telephone: 400-889-5548
Website: www.cs.ecitic.com
(22) Northeast Securities Co., Ltd
Address: No. 1138, Ziyou Road, Changchun City
Office address: Room 1005, Securities Building, No. 1138, Ziyou Road, Changchun City
Legal representative: Jiao Zhengzhong
Contact person: Andesite
Tel: 0431-85096517
Customer service telephone: 4006000686
Website: www.nesc.cn
(23) Dongxing Securities Co., Ltd
Domicile: Floor 12-15, Block B, Xinsheng Building, No. 5, Financial Street, Xicheng District, Beijing
Legal representative: Wei Qinghua
Contact: Tang Manchuan
Tel.: 010-66555316
Fax: 010-66555246
Customer service telephone: 400-888-8993
Website: www.dxzq.net.cn
(24) Tianxiang Investment Consulting Co., Ltd
Address: 701, Block B, Fukai Building, No. 19, Financial Street, Xicheng District, Beijing
Office address: Floor 5, Block C, No. 28, Xinjiekou Outer Street, Xicheng District, Beijing
Legal representative: Lin Yixiang
Tel.: 010-66045529
Fax: 010-66045518
Contact: Yin Ling
Customer service telephone: 010-66045678
Website: www.txsec.com
Website of Tianxiang Fund: www.jjm.com.cn
(25) CITIC Securities (Shandong) Co., Ltd
Address: Floor 20, Building 1, Qingdao International Finance Plaza, 222 Shenzhen Road, Laoshan District, Qingdao
Office address: 20/F, Building 1, Qingdao International Finance Plaza, 222 Shenzhen Road, Laoshan District, Qingdao
Legal representative: Yang Baolin
Contact: Wu Zhongchao
Tel.: 0532-85022326
Customer service hotline: 95548
Website: www.citicssd.com
(26) China International Finance Corporation
Domicile: 27/F and 28/F, Tower 2, Guomao Building, No.1 Jianguomenwai Street, Chaoyang District, Beijing
Office address: 27/F and 28/F, Tower 2, Guomao Building, No.1 Jianguomenwai Street, Chaoyang District, Beijing
Legal representative: Ding Xuedong
Contact: Yang Hanyu
Tel: 01065051166
Customer service hotline: 4009101166
Website: www.cicc.com.cn
(27) Lianxun Securities Co., Ltd
Registered address: the third and fourth floors of Huizhou Radio and Television News Center, Dongjiang 3rd Road, Jiangbei, Huicheng District, Huizhou City, Guangdong Province
Office address: the third and fourth floors of Huizhou Radio and Television News Center, Dongjiang 3rd Road, Jiangbei, Huicheng District, Huizhou City, Guangdong Province
Legal representative: Xu Gang
Contact: Peng Lian
Tel.: 0752-2119700
Fax: 0752-2119660
Customer service telephone: 95564
Website: www.lxsec.com
(28) Shenzhen Qianhai Cairns Fund Sales Co., Ltd
Registered address: Room 201, Building A, No.1 Qianwan 1st Road, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen (settled in Shenzhen Qianhai Business Secretary Co., Ltd.)
Office address: 23A, Jinrun Building, No. 6019, Shennan Avenue, Futian District, Shenzhen
Legal representative: Gao Feng
Contact: Liao Yuanlan
Tel.: 0755-83655588
Fax: 0755-83655518
Customer service telephone: 4008048688
Website: www.keynesasset.com
(29) Shanghai Securities Co., Ltd
Address: Floor 7, No. 213, Middle Sichuan Road, Huangpu District, Shanghai
Office address: 7/F, 213 Middle Sichuan Road, Huangpu District, Shanghai
Legal representative: Li Junjie
Contact: Shao Zhenzhen
Customer service telephone: 021-962518
Website: www.962518.com
(30) Wuhan Boga Fund Sales Co., Ltd
Address: No. 4, No. 1, 23rd Floor, Building 7, Oceanwide International SOHO City (Phase I), Wuhan CBD, Jianghan District, Wuhan, Hubei Province
Office address: No. 4, No. 1, 23rd Floor, Building 7, Oceanwide International SOHO City (Phase I), Wuhan CBD, Jianghan District, Wuhan, Hubei Province
Legal representative: Tao Jie
Contact: Lu Feng
Customer service telephone: 4000279899
Website: www.buyfunds.cn
(31) West China Securities Co., Ltd
Address: Huaxi Securities Building, No. 198, Tianfu Second Street, High tech Zone, Chengdu, Sichuan
Office address: Huaxi Securities Building, No. 198, Tianfu Second Street, High tech Zone, Chengdu, Sichuan
Legal representative: Yang Jiongyang
Contact: Zhou Zhiru
Tel.: 028-86135991
Fax: 028-86150040
Customer service telephone: 95584 and 4008-888-818
Company website: http://www.hx168.com.cn
(32) Ant (Hangzhou) Fund Sales Co., Ltd
Address: Room 202, Building 1, No. 1218, Wenyi West Road, Cangqian Street, Yuhang District, Hangzhou City
Office address: 12/F, Hang Seng Building, 3588 Jiangnan Avenue, Binjiang District, Hangzhou, Zhejiang
Legal representative: Chen Baiqing
Contact: Han Aibin
Customer service hotline: 4000-766-123
Website: www.fund123.cn
(33) Shenzhen Zhonglu Financial Holding Co., Ltd
Domicile: Floor 8, Material Holding Land Building, Liyuan Road, Luohu District, Shenzhen
Office address: Floor 8, Material Holding Land Building, Liyuan Road, Luohu District, Shenzhen
Legal representative: Xue Feng
Contact: Tong Caiping
Tel: 0755-33227950
Customer service hotline: 4006-788-887
Website: www.zlfund.cn and www.jjmmw.com
(34) Shanghai Changliang Fund Sales Investment Consulting Co., Ltd
Address: Room 220, Building 2, No. 526, Gaoxiang Road, Pudong New Area, Shanghai
Office address: 16/F, Block B, Yujing International, 555 Pudong Avenue, Pudong New Area, Shanghai
Legal representative: Zhang Yuewei
Business contact: Zheng Yinhua
Tel: 021-20691831
Customer service telephone: 400-089-1289
Website: www.erichfund.com
(35) Noah Zhengxing (Shanghai) Fund Sales Investment Consulting Co., Ltd
Address: Room 3724, No. 9, Lane 360, Feihong Road, Hongkou District, Shanghai
Office address: Floor 12, Block B, North America Plaza, No. 508 Kunming Road, Yangpu District, Shanghai
Legal representative: Wang Jingbo
Contact: Xu Cheng
Tel: 021-38509639
Customer service telephone: 400-821-5399
Website: www.noah-fund.com
(36) Hexun Information Technology Co., Ltd
Domicile: 10th Floor, Fanli Building, No. 22 Chaowai Street, Chaoyang District, Beijing
Office address: 10/F, Fanli Building, 22 Chaowai Street, Chaoyang District, Beijing
Legal representative: Wang Li
Contact: Wu Weidong
Tel: 021-20835787
Customer service telephone: 400-920-0022/021-20835588
Website: licaike.hexun.com
(37) Shanghai Tiantian Fund Sales Co., Ltd
Address: Floor 2, Building 2, No. 190, Longtian Road, Xuhui District, Shanghai
Office address: Jinzuo, No. 88, Wanping South Road, Xuhui District, Shanghai
Legal representative: actually
Contact: Zhu Yu
Tel: 021-54509977
Customer service hotline: 400-1818-188
Website: www.1234567.com.cn
(38) Zhongsheng Wealth (Beijing) Fund Sales Co., Ltd
Address: Room 908, Floor 9, Block A, Building 13, Wangjing Dongyuan District 4, Chaoyang District, Beijing
Office address: 04-08, Floor 9, Building A, Wangjing Pohang Center, Chaoyang District, Beijing
Legal representative: Li Zhaodi
Contact: Li Yan
Tel: 010-59497361
Customer service hotline: 400-059-8888
Website: www.wy-fund.com
(39) Shanghai Haomai Fund Sales Co., Ltd
Address: No. 41, Floor 2, Building 26, No. 196, Ouyang Road, Hongkou District, Shanghai
Office address: Room 903-906, Ordos International Building, No. 1118, Pudong South Road, Pudong New Area, Shanghai
Legal representative: Yang Wenbin
Contact: Zhang Ru
Tel: 021-58870011
Customer service hotline: 400-700-9665
Website: www.ehowbuy.com
(40) Shanghai Lide Fund Sales Co., Ltd
Address: Room 1033, No. 5475, Yunchuan Road, Baoshan District, Shanghai
Office address: 10/F, DBS Bank Building, 1318 Lujiazui Ring Road, Pudong New Area, Shanghai
Legal representative: Shengda
Contact: Xu Xueyin
Tel: 021-50583533
Fax: 021-50583535
Customer service hotline: 400-005-6355
Website: www.leadfund.com.cn
(41) Beijing Zengcai Fund Sales Co., Ltd
Address: No. 1208, Jianwei Building, No. 66, Nanlishi Road, Xicheng District, Beijing
Office address: 1208-1209 Jianwei Building, 66 Nanlishi Road, Xicheng District, Beijing
Legal representative: Luo Xi'an
Contact: Shi Lili
Tel: 010-67000988
Customer service hotline: 400-001-8811
Website: www.zcvc.com.cn
(42) Beijing Hengtian Mingze Fund Sales Co., Ltd
Address: Room 5122, Floor 5, No. 10, Hongda North Road, Beijing Economic and Technological Development Zone
Office address: 23/F, Block A, Lecheng Center, No. 20, Middle East Third Ring Road, Chaoyang District, Beijing
Legal representative: Liang Yue
Contact: Zhou Bin
Tel: 010-57756019
Customer service hotline: 400-786-8868-5
Website: www.chtfund.com
(43) Shenzhen Xinrand Securities Investment Consulting Co., Ltd
Address: 1006, Floor 10, Building 4, Saige Science Park, Huaqiang North Road, Futian District, Shenzhen#
Office address: Room 727, Floor 7, East Wing, Central Office Building, Zhuangsheng Plaza, No. 10, Xuanwumenwai Street, Xicheng District, Beijing
Legal representative: Yang Yi
Contact: Liu Baowen
Tel: 010-63130889-8369
Customer service hotline: 400-166-1188
Website: 8.jrj.com.cn
(44) Zhejiang Tonghua Shun Fund Sales Co., Ltd
Address: Room 903, Yuanmao Building, No. 1, Wener West Road, Hangzhou, Zhejiang
Office address: Floor 2, Building 2, Hangzhou E-Commerce Industrial Park, No. 7, Cuibai Road, Hangzhou, Zhejiang
Legal representative: Ling Shunping
Contact: Hu Xuan
Tel.: 0571-88911818
Customer service hotline: 4008-773-772
Website: www.5ifund.com
(45) Medium term Asset Management Co., Ltd
Address: Room 1103, Floor 11, Building 1, No. 14, Guanghua Road, Jianguomenwai, Chaoyang District, Beijing
Office address: Floor 8, Zhongji Building, No. 14, Guanghua Road, Jianguomenwai, Chaoyang District, Beijing
Legal representative: Jiang Xin
Contact: Fang Yanmei
Tel: 010-65807865
Customer service hotline: 010-65807865
Website: www.cifcofund.com
(46) Zhejiang Jinguancheng Wealth Management Co., Ltd
Domicile: Room 1001, Floor 10, Building 1 (Jinchang Building), No. 45, Dengyun Road, Gongshu District, Hangzhou
Office address: Room 1001, Floor 10, Building 1 (Jinchang Building), No. 45, Dengyun Road, Gongshu District, Hangzhou
Legal representative: Chen Zheng
Contact: Zhou Lifeng
Tel.: 0571-88337788
Customer service hotline: 400-068-0058
Website: www.jincheng-fund.com
(47) Shanghai Huifu Financial Services Co., Ltd
Address: Room 1807-5, No. 336, Middle Tibet Road, Huangpu District, Shanghai
Office address: 19/F, Jinwaitan International Plaza, No. 100, Zhongshan South Road, Shanghai
Legal representative: Zhang Xiao
Contact: Zhou Dan
Tel: 021-33323999 * 8318
Customer service telephone: 400-820-2819
Company website: fund.bundtrade.com
(48) Shanghai Lufax Asset Management Co., Ltd
Address: Unit 09, Floor 14, No. 1333, Lujiazui Ring Road, Pudong New Area, Shanghai
Office address: Floor 14, No. 1333, Lujiazui Ring Road, Pudong New Area, Shanghai
Legal representative: Guo Jian
Contact: Ning Boyu
Tel: 021-20665952
Fax: 021-22066653
Customer service telephone: 4008219031
Website: www.lufunds.com
(49) Datai Jinshi Fund Sales Co., Ltd
Address: Room A506, Floor 4, Block B, Building 1, Guorui Building, No. 359, Jiangdong Middle Road, Jianye District, Nanjing
Office address: 15/F, Wenguang Building, No. 1386, Hongqiao Road, Changning District, Shanghai
Legal representative: Yuan Guming
Contact: He Tingyu
Tel: 13917225742
Fax: 021-22268089
Customer service hotline: 021-22267995/400-928-2266
Website: www.dtfunds.com
(50) Shenzhen Fuji Wealth Management Co., Ltd
Address: Room 201, Building A, No.1 Qianwan 1st Road, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen
Office address: Room 418, Phase II, Huiheng Group, No. 12, Gaoxin South 7th Road, Nanshan District, Shenzhen
Legal representative: Liu Pengyu
Contact: Yang Tao
Tel: 0755-83999907-806
Fax: 0755-83999926
Customer service hotline: 0755-83999913
Website: www.jinqianwo.cn
(51) Shanghai Kaishi Wealth Fund Sales Co., Ltd
Registered address: Room 602-115, No. 765, Xizang South Road, Huangpu District, Shanghai
Office address: 4th Floor, Kaishi Building, No.1 East Yan'an Road, Huangpu District, Shanghai
Legal representative: Chen Jiwu
Contact: Wang Zheyu
Tel: 021-6333389-611
Fax: 021-6333390
Customer service hotline: 4006-433-389
Website: www.lingxinfund.com
(52) Zhuhai Yingmi Wealth Management Co., Ltd
Address: Room 105 - 3491, No. 6, Baohua Road, Hengqin New District, Zhuhai
Office address: B1201-1203, Floor 12, South Tower, Poly International Plaza, No. 1, Pazhou Avenue East, Haizhu District, Guangzhou
Legal representative: Xiao Wen
Contact: Huang Minchang
Tel: 020-89629099
Fax: 020-89629011
Customer service telephone: 020-89629066
Website: www.yingmi.cn
(53) Shanghai Liantai Asset Management Co., Ltd
Address: Room 310, Floor 3, No. 277, Fute North Road, China (Shanghai) Pilot Free Trade Zone
Office address: Floor 3, Building 8, No. 518, Fuquan North Road, Changning District, Shanghai
Legal representative: Yan Bin
Contact: Chen Dong
Tel: 021-52822063
Fax: 021-52975270
Customer service telephone: 4000-466-788
Website: www.66zichan.com
(54) Yifeng Financial Services (Shenzhen) Co., Ltd
Address: Room 201, Building A, No. 1, Qianwan 1st Road, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen (settled in Shenzhen Qianhai Business Secretary Co., Ltd.)
Office address: Room 1115, 1116, 1307, East Block, Coast Building, Haide 3rd Road, Nanshan District, Shenzhen
Legal representative: TAN YIK KUAN
Contact: Ye Jian
Tel: 0755-8946 0507
Fax: 0755-21674453
Customer service hotline: 400-684-6500, 400-684-0500
Website: www.ifastps.com.cn
(55) Beijing Qianjing Wealth Investment Management Co., Ltd
Domicile: Floor 10, Danling Soho, Danling Street, Haidian District, Beijing
Office address: Floor 10, Danling Soho, Danling Street, Haidian District, Beijing
Legal representative: Zhao Rongchun
Contact: Chen Jianwei
Tel: 010-57418813
Customer service hotline: 400-893-6885
Website: www.qianjing.com
(56) Beijing Zhanheng Fund Sales Co., Ltd
Domicile: No. 6, Anfu Street, Houshayu Town, Shunyi District, Beijing
Office address: Floor 2, Post and Telecommunications News Building, No. 15-1 Anyuan Road, Chaoyang District, Beijing
Legal representative: Yan Zhenjie
Tel.: 010-59601366
Fax: 010-62020355
Contact: Zhai Wen
Customer service telephone: 4008188000
Website: www.myfund.com
(57) Beijing Guangyuan Daxin Investment Management Co., Ltd
Address: Room 605, Floor 6, Block C, No. 28, Xinjiekou Outer Street, Xicheng District, Beijing
Office address: 19/F, Block B, Pohang Center, Building 13, Wangjing Dongyuan District 4, Chaoyang District, Beijing
Legal representative: Qi Jianhui
Tel.: 4006236060
Fax: 010-82055860
Contact: Wang Yingjun
Customer service telephone: 400-623-6060
Website: www.niuniufund.com
(58) Shenzhen Golden Axe Investment Consulting Co., Ltd
Domicile: 18/F, Oriental Science and Technology Building, 16 Keyuan Road, Yuehai Street, Nanshan District, Shenzhen
Office address: Floor 7, Unit B3, Kexing Science Park, Keyuan Road, Yuehai Street, Nanshan District, Shenzhen
Legal representative: Lai Renjun
Tel.: 0755-66892301
Fax: 0755-66892399
Contact: Zhang Ye
Customer service telephone: 4009500888
Website: www.jfzinv.com
(59) Beijing Lazy Cat Financial Information Service Co., Ltd
Address: Room 1119, Building 3, Shengjing International Plaza, Yard 31, Shijingshan Road, Shijingshan District, Beijing
Office address: No. 1111, Tonghui Riverside Industrial Park, Sihuidong, Chaoyang District, Beijing
Legal representative: Xu Xianliang
Tel.: 010-57649619
Fax: 010-57649620
Contact: Zhu Xiangyu
Customer service hotline: 010-57649619
Website: www.lanmao.com
(60) Yilu Wealth (Beijing) Information Technology Co., Ltd
Address: 2208, Block A, Wantong New World Plaza, No. 2, Fuchengmen Street, Xicheng District, Beijing
Office address: 2208, Block A, Wantong New World Plaza, No. 2, Fuchengmen Street, Xicheng District, Beijing
Legal representative: Wu Xuexiu
Tel:+86 (10) 88312877
Fax:+86 (10) 88312877
Contact: Xu Yue
Customer service telephone: 400-001-1566
Company website: http://www.yilucaifu.com/
(61) Beijing Eggroll Fund Sales Co., Ltd
Address: 222507, Floor 21, Unit 2, Building 6, Yard 1, Futong East Street, Chaoyang District, Beijing
Office address: 222507, Floor 21, Unit 2, Building 6, Yard 1, Futong East Street, Chaoyang District, Beijing
Legal representative: Zhong Feifei
Tel.: 010-61840688
Fax: 010-61840699
Contact: Wu Jilin
Customer service telephone: 4000618518
Company website: https://danjuanapp.com
(62) Beijing Huicheng Fund Sales Co., Ltd
Address: Room 1108, Block A, No. 11, Zhongguancun Street, Haidian District, Beijing
Office address: Room 1108, Block A, No. 11, Zhongguancun Street, Haidian District, Beijing
Legal representative: Wang Weigang
Tel.: 010-62680827
Fax: 010-62680827
Contact: Ding Xiangkun
Customer service telephone: 400-619-9059
Website: www.fundzone.cn
(63) Xiamen Xindingsheng Holding Co., Ltd
Domicile: Floor 15, No.1 Square, No. 2 Lujiang Road, Siming District, Xiamen
Office address: 15/F, the first square, No. 2 Lujiang Road, Siming District, Xiamen
Legal representative: Chen Hongsheng
Tel.: 0592-3122672
Fax: 0592-3122701
Contact: Liang Yunbo
Customer service telephone: 400-9180808
Website: www.xds.com.cn
(64) Beijing Sina Cangshi Fund Sales Co., Ltd
Address: Room 518, Floor 5, Scientific Research Building, Sina Headquarters, Plot N-1 and N-2, Zhongguancun Software Park Phase II (West Expansion), Dongbei Wangxi Road, Haidian District, Beijing
Office address: Room 518, Floor 5, Sina Headquarters Scientific Research Building, Plot N-1 and N-2, Zhongguancun Software Park Phase II (West Expansion), Dongbei Wangxi Road, Haidian District, Beijing
Legal representative: Li Zhaochen
Tel.: 010-62676405
Fax: 8610-62675979
Contact: Fu Wenhong
Customer service telephone: 010-62675369
Website: www.xincai.com
(65) Shanghai Yunwan Investment Management Co., Ltd
Registered address: Floor 2, Building 13, No. 27, Xinjinqiao Road, China (Shanghai) Pilot Free Trade Zone
Office address: Floor 6, Building 6, No. 308 Jinkang Road, Pudong New Area, Shanghai
Legal representative: Dai Xinzhuang
Tel: 021-20538888
Fax: 021-20538999
Contact: Jiang Hui
Customer service telephone: 400-820-1515
Website: www.zhengtongfunds.com
(66) Hangzhou Kedi Ruifu Fund Sales Co., Ltd
Address: Room 1604, Wulin Times Business Center, Xiacheng District, Hangzhou
Office address: 20/F, Wulin Times, No. 15, Shangtang Road, Xiacheng District, Hangzhou
Legal representative: Chen Gang
Contact: Hu Xuan
Tel.: 0571-85267500
Fax: 0571-85269200
Customer service hotline: 0571-86655920
Website: www.cd121.com
(67) Beijing Kentrui Wealth Investment Management Co., Ltd
Address: 2603-06, Floor 22, Building 1, No. 66, Zhongguancun East Road, Haidian District, Beijing
Office address: Block A, Jingdong Group Headquarters, No. 18, Kechuang 11th Street, Yizhuang Economic Development Zone, Beijing
Legal representative: Jiang Hui
Contact: Zhao Desai
Tel: 4000988511/4000888816
Fax: 010-89188000
Customer service hotline: 95118
website: http://fund.jd.com/
The Fund Manager may, in accordance with the requirements of relevant laws and regulations, add other institutions that meet the requirements to sell the Fund as agents and make timely announcements.
2. On market sales agency
The over-the-counter selling institution of the Fund is a member unit of the Shanghai Stock Exchange that has the qualification for fund sales business and is recognized by the Shanghai Stock Exchange and China Securities Depository and Clearing Corporation Limited (see the Fund Unit Offering Announcement or the relevant business announcement for the specific list). The member units that have obtained the qualification for fund sales before the end of the subscription period of the Fund may also act as agents for the sale of fund units on the floor.
2、 Registration Authority
Name: China Securities Depository and Clearing Corporation Limited
Address: No. 17, Taipingqiao Street, Xicheng District, Beijing
Legal representative: Zhou Ming
Office address: No. 17, Taipingqiao Street, Xicheng District, Beijing
Tel.: 010-50938888
Fax: 010-66210938
Contact: Zhu Liyuan
3、 Law firm issuing legal opinion
Name: Shanghai Tongli Law Firm
Address: 19/F, Times Financial Center, 68 Yincheng Middle Road, Shanghai
Office address: 19/F, Times Financial Center, 68 Yincheng Middle Road, Shanghai
Legal representative: Yu Weifeng
Tel.: 021-31358666
Fax: 021-31358600
Contact: Liming
Handling lawyers: Liming, Sun Rui
4、 Accounting firm auditing fund assets
Name: PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership)
Address: 6/F, DBS Building, 1318 Lujiazui Ring Road, Pudong New Area, Shanghai
Office address: 11/F, PricewaterhouseCoopers Center, 202 Hubin Road, Shanghai
Legal representative: Yang Shaoxin
Tel: (021) 23238888
Fax: (021) 23238800
Contact: Zhao Yu
Handling CPA: Xue Jing, Zhao Yu
4、 Name of the Fund
China Shipping CSI High speed Railway Industry Index Classified Securities Investment Fund
5、 Type of Fund
Equity Securities Investment Fund
6、 Investment objectives of the Fund
The Fund conducts passive indexation investment, and through strict investment discipline and quantitative risk management means, it can effectively track the underlying index and obtain returns similar to the underlying index returns. The investment objective of the Fund is to keep the absolute value of the deviation between the return on the net value of the Fund and the average daily tracking of performance benchmark not more than 0.35%, and the annual tracking error not more than 4%, so as to achieve effective tracking of the CSI high-speed railway industry index.
7、 Investment scope of the Fund
The Fund's investment scope includes financial instruments with good liquidity, including constituent stocks, alternative constituent stocks, other stocks, bonds, bond repurchase, asset-backed securities, derivative instruments (warrants, etc.) of the CSI High Speed Railway Industry Index, and other financial instruments permitted by laws and regulations or the CSRC to be invested by the Fund (subject to the relevant provisions of the CSRC).
If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager may include them into the investment scope after performing appropriate procedures.
After the issuance of the relevant provisions on the participation of securities investment funds in margin trading, the fund manager may, after performing the appropriate procedures, participate in margin trading in accordance with the provisions of relevant laws and regulations, without changing the existing investment strategies and risk return characteristics of the Fund and on the premise of controlling risks, to improve investment efficiency and conduct risk management. At that time, the risk control principles, specific participation proportion restrictions, fees and expenses, information disclosure, valuation methods and other related matters of the Fund's participation in margin trading shall be implemented in accordance with the provisions of the CSRC and other relevant laws and regulations.
The proportion of the Fund's investment portfolio is: the assets of the Fund invested in stocks are not less than 85% of the Fund's assets, the assets of the Fund invested in the constituent stocks of the CSI High speed Railway Industry Index and alternative constituent stocks are not less than 90% of the stock assets, and not less than 80% of the non cash fund assets; Keep no less than 5% of the net asset value of the fund in cash or government bonds with a maturity of less than one year; The market value of all warrants held by the Fund shall not exceed 3% of the net asset value of the Fund.
The Fund Manager shall, within 6 months from the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to the relevant provisions above.
8、 Investment strategy of the Fund
The Fund is a passive stock index fund. It tracks the underlying index by completely copying the underlying index, that is, it builds a fund stock portfolio according to the constituent stocks and their weights of the CSI high-speed railway industry index, and makes corresponding adjustments according to the changes in the constituent stocks and their weights of the underlying index. If special circumstances (such as insufficient market liquidity, restricted investment of individual constituent stocks, laws and regulations prohibiting or restricting investment, etc.), or fund subscription and redemption may have an impact on the effect of the Fund's tracking target index, the Fund Manager will appropriately adjust the Fund's investment portfolio, strive to reduce the tracking error of the Fund, and try to be as close to the performance of the target index as possible.
1. Stock investment strategy
The Fund's equity asset investment determines the number of component stocks purchased and sold according to the weight of the component stocks of the underlying index in the index by completely copying the underlying index.
Under special circumstances, the Fund will choose other stocks or stock portfolios to replace the stocks in the underlying index, including but not limited to the following circumstances:
(1) The underlying index component stocks are seriously illiquid or suspended;
(2) The excessive scale of the Fund's assets leads to the high proportion of the Fund holding the shares;
(3) The listed companies of constituent shares have major false statements and other violations, or face major adverse administrative penalties or judicial proceedings;
(4) Laws and regulations prohibit or restrict investment.
The Fund Manager will analyze the liquidity of the constituent stocks. If it is found that the individual stocks with poor liquidity will be replaced by reasonable methods. The Fund Manager uses the following strategies to construct a portfolio of alternative shares:
(1) Fundamental substitution: according to the principle of similar industry, fundamental and scale to the substituted stock, select a package of underlying index component stocks as the alternative stock pool;
(2) Correlation test: calculate the correlation coefficient of the daily return rate of each stock and the substituted stock in the candidate pool, and select the stocks with high correlation with the substituted stock to form a simulated portfolio. With the optimization goal of maximizing the correlation coefficient of the daily return rate series of the portfolio and the substituted stock, calculate the weight of the substituted stock in the portfolio, and construct the substitute stock portfolio.
2. Adjustment of stock portfolio
The stock portfolio constructed by the Fund will be adjusted accordingly according to the changes in the constituent stocks of the CSI High Speed Railway Industry Index and their weights. At the same time, the Fund will also make timely adjustments to the stock portfolio according to the changes in laws and regulations and the investment proportion restrictions, purchase and redemption changes, stock issuance factors and other changes in the fund contract.
(1) Regular adjustment
The stock portfolio constructed by the Fund will be regularly tracked and adjusted according to the adjustment rules of the CSI high-speed railway industry index and the expectations of alternative stocks.
(2) Irregular adjustment
1) In case of temporary adjustment of underlying index component stocks, the Fund Manager will pay close attention to the adjustment of sample stocks and formulate corresponding portfolio adjustment strategies in a timely manner;
2) If the underlying index component stocks and their alternative components include changes in equity, dividends, allotments, additional offerings, suspension, resumption of trading and other major information, the Fund Manager will timely formulate corresponding portfolio adjustment strategies based on the above information;
3) According to the subscription and redemption of the Fund and in combination with the cash position management of the Fund, a trading strategy is formulated to deal with the subscription and redemption of the Fund.
The Fund Manager tracks the deviation degree between the performance of the Fund portfolio and the underlying index every day, analyzes the cumulative deviation degree between the actual portfolio of the Fund and the performance of the underlying index at the end of each month and quarter, tracking error changes and their reasons, and optimizes the tracking deviation management plan.
3. Bond investment strategy
The bond investment of the Fund is mainly based on the needs of liquidity management, investing in bonds with good liquidity such as national debt, central bank bills and financial bonds. The Fund's bond portfolio will adopt a top-down investment strategy, judge future interest rate changes based on macroeconomic analysis, fund trend analysis, etc., and use bond pricing techniques to select individual bonds.
4. Warrant investment strategy
The Fund will passively acquire warrants for reasons such as the listed company's split share structure reform, or additional issuance and placement, or the Fund will actively invest in warrants in situations such as arbitrage transactions and hedging transactions. When investing in warrants, the Fund will, on the basis of fundamental research and valuation of the underlying securities of the warrants, combine the implied volatility, residual maturity, price trend of the underlying securities and other parameters, and use the quantitative option pricing model to determine its reasonable intrinsic value, so as to construct an arbitrage or hedging portfolio, and strive to obtain the optimal risk adjusted return.
5. Asset backed securities investment strategy
Asset backed securities mainly include asset-backed securities (ABS), residential mortgage-backed securities (MBS) and other securities. The Fund will focus on the analysis of factors affecting the value of asset-backed securities, such as market interest rate, terms of issue, composition and quality of supporting assets, prepayment rate, risk compensation income and market liquidity, and assist in using quantitative pricing models such as Monte Carlo method to evaluate the relative investment value of asset-backed securities and make corresponding investment decisions.
9、 Investment restrictions of the Fund
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The Fund's assets invested in stocks shall not be less than 85% of the Fund's assets, and its assets invested in the constituent stocks of the CSI High Speed Railway Industry Index and alternative constituent stocks shall not be less than 90% of the stock assets, and not less than 80% of the non cash fund assets;
(2) Keep no less than 5% of the net asset value of the fund in cash or government bonds with a maturity of less than one year;
(3) The Fund Manager shall, in accordance with the relevant provisions of the CSRC, specify the proportion of the Fund's investment in restricted securities in circulation in the Fund Custody Agreement with the Fund Custodian in advance, and invest according to the proportion. The Fund Manager shall formulate a strict investment decision-making process and risk control system to prevent liquidity risk, legal risk, operational risk and other risks;
(4) The market value of all warrants held by the Fund shall not exceed 3% of the net asset value of the Fund;
(5) The same warrant held by all funds managed by the Fund Manager shall not exceed 10% of the warrant;
(6) The total amount of warrants purchased by the Fund on any trading day shall not exceed 0.5% of the net asset value of the Fund on the previous trading day;
(7) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed 10% of the net asset value of the Fund;
(8) The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
(9) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed 10% of the size of the asset-backed securities;
(10) All funds managed by the Fund Manager shall invest in various types of asset-backed securities of the same original equity holder, which shall not exceed 10% of the total size of various types of asset-backed securities;
(11) The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB). During the period when the Fund holds asset-backed securities, if its credit rating declines and it no longer meets the investment standards, it shall sell all of them within three months from the date of the rating report;
(12) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total assets of the Fund, and the number of shares declared by the Fund does not exceed the total number of shares issued by the proposed stock company this time;
(13) The fund balance of the Fund entering the national inter-bank market for bond repurchase shall not exceed 40% of the net asset value of the Fund;
(14) The total value of the Fund's assets shall not exceed 140% of the Fund's net asset value;
(15) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
If the investment proportion of the fund does not meet the above stipulated investment proportion due to factors other than the fund manager, such as fluctuations in the securities market, mergers of listed companies, changes in fund size, etc., the fund manager shall make adjustments within 10 trading days, except for special circumstances prescribed by the CSRC.
The Fund Manager shall, within six months from the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to the relevant provisions of the Fund Contract. During the above period, the investment scope and investment strategy of the Fund shall comply with the provisions of the Fund Contract. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of the Fund Agreement.
If laws and regulations or regulatory authorities cancel or adjust the above restrictions, if they apply to the Fund, the Fund Manager will no longer be subject to the relevant restrictions or the adjusted regulations after performing the appropriate procedures.
2. Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
Laws, administrative regulations or regulatory authorities cancel the above prohibitive provisions. If they apply to the Fund, the Fund Manager will no longer be subject to relevant restrictions on the Fund's investment after performing appropriate procedures.
Where a fund manager uses fund assets to buy and sell securities issued or underwritten by the fund manager, fund custodian and their controlling shareholders, actual controllers or companies with other major interests, or engages in other major connected transactions, it shall comply with the fund's investment objectives and investment strategies, and follow the principle of giving priority to the interests of fund share holders, Prevent conflicts of interest, establish and improve the internal approval mechanism and evaluation mechanism, and implement according to fair and reasonable market prices. Relevant transactions must be approved by the Fund Custodian in advance and disclosed in accordance with laws and regulations. Major related party transactions shall be submitted to the Board of Directors of the Fund Manager for review and approved by more than two-thirds of the independent directors. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
10、 Benchmark of underlying index and fund performance
1. Target index
The underlying index of the Fund is the China Securities High speed Railway Industry Index.
The China Securities High speed Railway Industry Index is a secondary industry index under the China Securities All Index Segmentation Industry Series Index and an important index in China's multi-level securities market. The index takes the stocks of listed companies engaged in high-speed railway related industries in Shanghai and Shenzhen Stock Exchanges as its constituent stocks, which is used to represent the overall stock price changes of the high-speed railway industry, comprehensively reflect the overall trend of the stocks of companies belonging to the high-speed railway industry in Shanghai and Shenzhen Stock Exchanges, and have the functions of value scale and investment object. Therefore, the CSI high-speed rail industry index is selected as the target index of the Fund.
If the preparation and release of the underlying index is stopped, or the underlying index is replaced by another index (except for simple renaming), or the underlying index is not suitable to continue to be the underlying index due to major changes such as index preparation method, or the more representative index in the securities market is launched that is more suitable for investment, The Fund Manager may, in accordance with the principle of prudence and the principle of safeguarding the legitimate rights and interests of fund share holders, through consultation with the Fund Custodian, change the underlying index and investment object of the Fund according to law after performing appropriate procedures, and select and determine a new underlying index based on many factors such as market representativeness, liquidity, and relevance to the original index.
If the underlying index is changed due to the above reasons, if the change of the underlying index involves substantial changes in the investment scope or investment strategy of this series of funds, the fund manager shall convene a general meeting of fund share holders on the changed underlying index, report it to the CSRC for filing, and announce it on the designated media. If the change of the underlying index has no material impact on the fund investment (including but not limited to the change of the preparation organization, index renaming, etc.), there is no need to hold a general meeting of fund share holders. The fund manager shall, after reaching an agreement with the fund custodian, report to the CSRC for filing and make an announcement on the designated media.
2. Performance Benchmark
Performance benchmark: CSI high-speed railway industry index yield × 95%+bank demand deposit interest rate in the same period (after tax) × 5%
Since the target index of the Fund's investment is the CSI high-speed railway industry index, which maintains no less than 5% of the net asset value of the Fund in cash or government bonds with a maturity date of less than one year, the Fund sets the performance benchmark as: the yield of the CSI high-speed railway industry index × 95%+the bank demand deposit interest rate (after tax) for the same period × 5%.
If the laws and regulations change in the future, or a more authoritative and widely accepted performance benchmark is launched, or a stock index more suitable for the performance benchmark of the Fund appears in the market, the Fund may change the performance benchmark after consultation with the Fund custodian and make a timely announcement. If the change of performance benchmark and target index involves substantial changes in the investment scope or investment strategy of the Fund, the Fund Manager shall convene a general meeting of fund share holders on the change of performance benchmark and target index, report it to the CSRC for filing, and publish it on the designated media. If the change of performance benchmark and underlying index has no material impact on the fund investment (including but not limited to the change of compilation organization, index renaming, adjustment of index compilation scheme, etc.), there is no need to convene a general meeting of fund share holders for deliberation. The fund manager shall, after consultation with the fund custodian, report to the CSRC for filing and make an announcement on the designated media.
11、 Risk return characteristics of the fund
The Fund is an equity fund, which belongs to the fund category with high expected risk and high expected return. Its expected risk and expected return are higher than those of money market funds, bond funds and hybrid funds. From the perspective of the two types of fund shares separated by the Fund, China Shipping CSI High Speed Rail A shares are characterized by low risk and relatively stable returns, while China Shipping CSI High Speed Rail B shares are characterized by high risk and high expected returns.
12、 Fund portfolio report
The Board of Directors and directors of the Fund Manager guarantee that there are no false records, misleading statements or major omissions in the information contained in the Fund's portfolio report, and assume individual and joint liabilities for the authenticity, accuracy and integrity of its contents.
China Merchants Securities Co., Ltd., the fund custodian, reviewed the financial indicators, net worth performance and portfolio report in this report in accordance with the provisions of the fund contract to ensure that there are no false records, misleading statements or major omissions in the review.
The data in this portfolio report is as of December 31, 2016, and the financial data listed in this report has not been audited.
1. Fund asset portfolio
As of December 31, 2016, the net asset value of the classified securities investment fund of China Shipping and China Securities High speed Railway Industry Index was 58909921.56 yuan, the net value of fund shares was 1.081 yuan, and the cumulative net value of fund shares was 0.750 yuan. The asset portfolio is as follows:
Monetary unit: RMB
S/N Item amount (yuan) in the proportion of total fund assets (%)
1 Equity investment 55742982.35 93.49
Including: stock 55742982.35 93.49
2 Fixed income investment-
Including: bonds --
Asset backed securities --
3 Precious metal investment --
4 Financial derivatives investment-
5 Redemptory financial assets for sale --
Including: redemptory financial assets for sale under outright repo-
6 Total bank deposits and settlement reserves 3511820.89 5.89
7 Other assets 371748.40 0.62
8 Total 59626551.64 100.00
2. Stock portfolio classified by industry at the end of the reporting period
(1) Stock portfolio of index investment classified by industry at the end of the reporting period
Proportion of fair value of code industry category (yuan) to net asset value of the fund (%)
A Agriculture, forestry, animal husbandry and fishery --
B Mining industry --
C Manufacturing 32249023.05 54.74
D Electricity, heat, gas and water production and supply industry --
E Construction 21643025.93 36.74
F Wholesale and retail --
G Transportation, warehousing and postal services --
H Accommodation and catering industry --
I Information transmission, software and information technology services 1366553.37 2.32
J Finance --
K Real estate industry --
L Leasing and business services --
M Scientific research and technical service industry --
N Water conservancy, environment and public facilities management industry --
O Residential services, repairs and other services --
P Education --
Q Health and Social Work --
R Culture, sports and entertainment industry --
S Integrated --
Total 55258602.35 93.80
(2) At the end of the reporting period, actively invest in the stock portfolio classified by industry
Proportion of fair value of code industry category (yuan) to net asset value of the fund (%)
A Agriculture, forestry, animal husbandry and fishery --
B Mining industry --
C Manufacturing 484380.00 0.82
D Electricity, heat, gas and water production and supply industry --
E Construction --
F Wholesale and retail --
G Transportation, warehousing and postal services --
H Accommodation and catering industry --
I Information transmission, software and information technology service industry --
J Finance --
K Real estate industry --
L Leasing and business services --
M Scientific research and technical service industry --
N Water conservancy, environment and public facilities management industry --
O Residential services, repairs and other services --
P Education --
Q Health and Social Work --
R Culture, sports and entertainment industry --
S Integrated --
Total 484380.00 0.82
3. Details of the top ten stock investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
(1) Details of the top ten stock investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
S/N Stock code Stock name Quantity (share) Fair value (yuan) Proportion in net asset value of the fund (%)
1 601390 China Railway 970792 8601217.12 14.60
2 601186 CRCC 706913 8454679.48 14.35
3 601766 CRRC 787094 7689908.38 13.05
4 600820 Tunnel shares 416633 4587129.33 7.79
5 002501 Liyuan Refining 170196 2088304.92 3.54
6 600967 Northern Venture 145478 1974136.46 3.35
700008 Shenzhou High speed Railway 184805 1722382.60 2.92
8 002122 Tianma Shares 132717 1684178.73 2.86
9 300001 Trudeau 88947 1542340.98 2.62
10 600169 Taiyuan Heavy Industry 377164 1519970.92 2.58
(2) Details of the top five stock investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
S/N Stock code Stock name Quantity (share) Fair value (yuan) Proportion in net asset value of the fund (%)
1 002282 Boshen Tools 35100 484380.00 0.82
4. Bond portfolio classified by bond varieties at the end of the reporting period
The Fund did not hold bonds at the end of the reporting period.
5. Details of the top five bond investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
The Fund did not hold bonds at the end of the reporting period.
6. Details of the top ten asset-backed securities investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
The Fund did not hold asset-backed securities at the end of the reporting period.
7. Details of the top five precious metal investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
The Fund did not hold precious metals at the end of the reporting period.
8. Details of the top five warrant investments ranked by the proportion of fair value in the net asset value of the fund at the end of the reporting period
The Fund did not hold warrants at the end of the reporting period.
9. Description of stock index futures trading invested by the Fund at the end of the reporting period
(1) Details of positions and profits and losses of stock index futures invested by the Fund at the end of the reporting period
The Fund did not hold stock index futures contracts at the end of the reporting period.
(2) The Fund's investment policy for investing in stock index futures
According to the fund contract, the Fund will not participate in stock index futures trading.
10. Description of treasury bond futures transactions invested by the Fund at the end of the reporting period
(1) Investment policy for treasury bond futures of the current period
According to the fund contract, the Fund will not participate in treasury bond futures trading.
(2) Details of positions and profits and losses of treasury bond futures invested by the Fund at the end of the reporting period
The Fund did not hold treasury bond futures contracts at the end of the reporting period.
(3) Evaluation of current treasury bond futures investment
According to the fund contract, the Fund will not participate in treasury bond futures trading.
11. Notes to Portfolio Report
(1) During the reporting period, the top ten issuers of securities invested by the Fund were not investigated by the regulatory authorities, or were publicly condemned and punished within one year before the preparation date of this report.
(2) During the reporting period, the top ten stocks invested by the Fund did not include any stocks other than the alternative stocks specified in the Fund contract.
(3) As of December 31, 2016, the composition of other assets of the Fund is as follows:
Monetary unit: RMB
No. Name Amount (yuan)
1 Deposit 27170.56
2. Securities clearing receivables 279360.63
3 Dividends receivable-
4 Interest receivable 1842.08
5 Receivable purchase application 63375.13
6 Other receivables-
7 Deferred expenses-
8 Others-
9 Total 371748.40
(4) Details of convertible bonds held in the conversion period at the end of the reporting period
The Fund did not hold convertible bonds in the conversion period at the end of the reporting period.
(5) Explanation of restricted circulation in the top ten stocks of index investment at the end of the reporting period
At the end of the reporting period, there was no circulation restriction in the top ten stocks of the Fund's index investment.
(6) Explanation of restricted circulation of the top ten actively invested stocks at the end of the reporting period
At the end of the reporting period, there was no restriction on the circulation of the top ten stocks actively invested by the Fund.
(7) Other text descriptions of the notes to the portfolio report
Due to rounding of the Fund, there may be a tail difference between the sum of sub items and the total.
13、 Fund performance
The Fund Manager shall manage and use the Fund assets in accordance with the principles of due diligence, honesty, prudence and diligence, but does not guarantee that the Fund will be profitable or the minimum return. The past performance of the Fund does not represent its future performance. Investment is risky. Investors should carefully read the Prospectus of the Fund before making investment decisions.
The growth rate of the net value of fund units and its comparison with the benchmark yield of performance comparison in the same period (as of December 31, 2016):
Stage net value growth rate ① Standard deviation of net value growth rate ② Benchmark rate of return for performance comparison ③ Standard deviation of benchmark rate of return for performance comparison ④ ① - ③ ② - ④
2015.7.30-2015.12.31 -13.90% 2.64% -5.69% 2.91% -8.21% -0.27%
2016.1.1-2016.12.31 -17.91% 1.84% -17.16% 1.96% -0.75% -0.12%
Since the establishment of the fund, - 29.32% 2.11% - 21.87% 2.28% - 7.45% - 0.17%
Note: The effective date of the Fund Contract is July 30, 2015, and the past performance of the Fund does not predict its future performance.
14、 Fund fees and taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Index licensing fees of the Fund;
4. Fund listing fees;
5. Information disclosure fees related to the Fund after the Fund Contract takes effect;
6. Accounting fees, attorney fees and legal fees related to the Fund after the Fund Contract comes into force;
7. Expenses for the general meeting of fund share holders;
8. Securities trading fees of the Fund;
9. Bank transfer fees of the Fund;
10. Fund account opening fees and account maintenance fees;
11. Other expenses that may be disbursed from the Fund assets in accordance with the relevant provisions of the State and the Fund Contract.
2、 Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is accrued at the annual fee rate of 1.00% of the net asset value of the Fund on the previous day. The management fee is calculated as follows:
H ＝ E × 1.00% ÷ Days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
The fund management fee is calculated daily, accumulated day by day to the end of each month, and paid monthly. After the Fund Manager and the Fund Custodian have verified that there is no error, the Fund Custodian shall pay the fund manager a lump sum from the fund property within the first five working days of the next month. In case of legal holidays, public holidays, etc., the payment date shall be postponed.
2. Custody fees of the Fund Custodian
The custody fee of the Fund is accrued at an annual fee rate of 0.20% of the net asset value of the Fund on the previous day. The custody fee is calculated as follows:
H ＝ E × 0.20% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
The fund custody fee is calculated daily, accumulated day by day to the end of each month, and paid monthly. After the Fund Manager and the Fund Custodian have verified that there is no error, the Fund Custodian shall withdraw the fund asset in a lump sum within the first five working days of the next month. In case of legal holidays, public holidays, etc., the payment date shall be postponed.
3. Index royalties of the Fund
As an index fund, the Fund shall pay the index license fee to China Securities Index Co., Ltd. in accordance with the index license agreement signed with China Securities Index Co., Ltd. Generally, the index licensing fee is withdrawn at an annual fee rate of 0.02% of the net asset value of the fund on the previous day, and the lower limit of collection is 50000 yuan per quarter (that is, 50000 yuan is charged for the part less than 50000 yuan). If the billing period is less than one quarter, it is calculated on a case by case basis according to the actual number of days.
The index royalty is calculated as follows:
H ＝ E × 0.02% ÷ Days of the year
H is the subject index licensing fee that should be accrued every day
E is the net asset value of the fund on the previous day
The index licensing fee is calculated daily, accumulated day by day, and paid quarterly. After the Fund Manager and the Fund Custodian check that there is no error, the Fund Custodian will pay the index licensing fee of the previous quarter from the fund property to China Securities Index Co., Ltd. in a lump sum within the first ten working days of January, April, July and October of each year. In case of legal holidays, public holidays, etc., the payment date shall be postponed.
If the calculation method, rate and payment method of the index license fee agreed in the index use license agreement are adjusted, the Fund will use the adjusted method or rate to calculate the index license fee. The Fund Manager shall disclose it in the Prospectus and its updates.
In accordance with the provisions of relevant laws and regulations and corresponding agreements, the above "I. Items 4 to 11 of the categories of fund expenses" shall be included in the current expenses according to the actual amount of expenses, which shall be paid by the fund custodian from the fund assets.
3、 Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. Expenses incurred by the Fund Manager and the Fund Custodian due to their failure to perform or fully perform their obligations or losses of the Fund property;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Other items that may not be included in the fund fees according to the relevant laws and regulations and the relevant provisions of the CSRC.
4、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations.
15、 Description of the updated part of the Prospectus
（1） In the "Fund Manager" section, the "Key Personnel" was updated.
（2） The "Fund Custodian" section has been updated.
（3） The "relevant service agencies" section has been updated.
（4） In the "Investment of the Fund" section, the "Fund Portfolio Report" has been updated according to the latest information.
（5） The "Fund performance" section was updated according to the latest information.
（6） In the section of "Other Matters to be Disclosed", the announcement information of the Fund during the current period is disclosed.
China Shipping Fund Management Co., Ltd
March 16, 2017
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