Zhongrong Fund Management Co., Ltd
Zhongrong domestic demand value one-year holding period hybrid securities investment
Fund contract
Fund Manager: Zhongrong Fund Management Co., Ltd
Fund Custodian: China Construction Bank Corporation
catalog
Part I Foreword one
Part II Definition three
Part III Basic Information of the Fund nine
Part IV Sale of Fund Units eleven
Part V Fund Filing thirteen
Part VI Subscription and Redemption of Fund Units fourteen
Part VII Parties to the Fund Contract and Their Rights and Obligations twenty-four
Part VIII General Meeting of Fund Unitholders thirty-one
Part IX Replacement Conditions and Procedures of Fund Manager and Fund Custodian forty
Part X Custody of the Fund forty-three
Part XI Registration of Fund Units forty-four
Part XII Investment of the Fund forty-six
Part XIII Assets of the Fund fifty-five
Part XIV Valuation of Fund Assets fifty-six
Part XV Fund Fees and Taxes sixty-three
Part XVI Income and Distribution of the Fund sixty-six
Part XVII Accounting and Audit of the Fund sixty-eight
Part XVIII Information Disclosure of the Fund sixty-nine
Part XIX Change and Termination of the Fund Contract and Liquidation of the Fund Assets seventy-six
Part XX Liability for Breach of Contract seventy-eight
Part XXI Dispute Settlement and Applicable Law seventy-nine
Part XXII Effectiveness of Fund Contract eighty
Part XXIII Other Matters eighty-one
Part XXIV Summary of Fund Contract eighty-two
Part I Preface
1、 Purpose, Basis and Principle of the Fund Contract
1. The purpose of entering into this Fund Contract is to protect the legitimate rights and interests of investors and clarify the
Rights and obligations, standardize fund operation.
2. The Fund Contract is concluded on the basis of the Contract Law of the People's Republic of China (hereinafter referred to as "the Contract")
Law of the People's Republic of China on Securities Investment Funds (hereinafter referred to as the "Fund Law"), Public Offering
Management Measures for the Operation of Securities Investment Funds (hereinafter referred to as "Operation Measures"), Public Offering of Securities Investment
Measures for the Supervision and Administration of Fund Sales Agencies (hereinafter referred to as the "Sales Measures"), and the Public Offering of Securities Investment Funds
Financial Information Disclosure Management Measures (hereinafter referred to as "Information Disclosure Measures"), Public Offering of Open ended Securities Investment
Provisions on Liquidity Risk Management of Assets and Funds (hereinafter referred to as "Provisions on Liquidity Risk Management") and other relevant provisions
laws and regulations.
3. The principle of entering into this Fund Contract is equality, voluntariness, honesty and credibility, and full protection of the legal rights of investors
Benefits.
2、 The fund contract is the basic legal document that stipulates the rights and obligations between the parties to the fund contract
Any document or statement relating to the rights and obligations of the parties to the fund contract related to the fund, such as
In case of any conflict in the fund contract, the fund contract shall prevail. The parties to the fund contract shall comply with the Fund Law and the fund contract
And other relevant provisions.
The parties to a fund contract include the fund manager, the fund custodian and the fund unit holders. Fund investment
The investor shall become the fund share holder and a party to the fund contract when he obtains the fund shares in accordance with the fund contract
The behavior of holding fund shares itself indicates its recognition and acceptance of the fund contract.
3、 The domestic demand value of Zhongrong One year holding period hybrid securities investment fund is subject to
Law of the People's Republic of China, the fund contract and other relevant regulations, and the fund has been raised by the China Securities Regulatory Commission (hereinafter referred to as the "China Securities Regulatory Commission")
China Securities Regulatory Commission).
The registration of the Fund raised by the CSRC does not indicate the investment value of the Fund and the market value of the Fund
The fact that the Fund makes substantive judgments or guarantees does not mean that there is no risk in investing in the Fund.
The Fund Manager shall manage and use the Fund assets in accordance with the principles of due diligence, honesty, prudence and diligence,
However, there is no guarantee that investment in the Fund will be profitable, nor will there be any guarantee of minimum return. Past performance of the fund does not predict
Its future performance and the performance of other funds managed by the Fund Manager do not constitute a guarantee for the performance of the Fund
Certificate.
Investors should carefully read the fund prospectus, fund contract, fund product information summary and other information
Disclose documents, judge the investment value of the fund independently, make investment decisions independently, and bear investment risks independently.
4、 The Fund participates in the trading interconnection mechanism between the mainland and Hong Kong stock markets (hereinafter referred to as "Hong Kong Stock Connect")
System ") relevant business of Hong Kong Stock Connect, the fund assets are invested in Hong Kong stocks, and meet the investment environment under the Hong Kong Stock Connect mechanism
Unique risks brought about by differences in environment, investment object, market system and trading rules, including Hong Kong stock market shares
The risk of large price fluctuation (the Hong Kong stock market implements T+0 reverse trading, and there is no limit on the rise and fall of individual stocks,
The stock price of Hong Kong shares may show more drastic fluctuations than that of A-shares), exchange rate risk (exchange rate fluctuations may affect
Loss caused by the investment income of the Fund), possible risks caused by inconsistent trading days under the Hong Kong Stock Connect mechanism (including
When the local market is open and the Hong Kong market is closed, the Hong Kong Stock Connect cannot be traded normally and Hong Kong shares cannot be sold in time, which may lead to
Certain liquidity risk). Please refer to the Fund's prospectus for the specific risks of the Fund's investment in Hong Kong stocks
The specific contents of the risk disclosure chapter of the book.
The Fund may, according to the needs of its investment strategy or the changes in the market environment of different allocation places, choose to integrate some of the
Gold assets invest in Hong Kong stocks or choose not to invest fund assets in Hong Kong stocks. Fund assets are not necessarily invested in Hong Kong stocks.
The Fund's investment scope includes depositary receipts, which will face the common risk of investing in shares listed and traded domestically
Insurance may also face unique risks related to the issuance and trading mechanism of depositary receipts.
5、 The Fund sets a minimum holding period of one year for each fund unit
Redemption, conversion and transfer out businesses are not handled within this period. From the next working day (inclusive) after the end date of the shortest holding period
During the open holding period, fund share holders can handle redemption and transfer out business. Please refer to the Fund Agreement for details
Same as "Purchase and Redemption of Fund Units".
6、 The Fund Manager and the Fund Custodian disclose information related to the Fund outside the Fund Contract
If the content involves defining the rights and obligations between the parties to the fund contract, in case of conflict with the fund contract
The contract shall prevail.
7、 The Fund is established and operated in accordance with Chinese laws and regulations
If the mandatory provisions of laws and regulations are inconsistent, the provisions of the then effective laws and regulations shall prevail.
Part II Interpretation
In this Fund Contract, unless the context otherwise requires, the following words or abbreviations have the following meanings:
1. Fund or the Fund: refers to a one-year holding period hybrid securities investment fund with domestic demand value of China Financial
2. Fund manager: refers to Zhongrong Fund Management Co., Ltd
3. Fund Custodian: China Construction Bank Corporation
4. Fund contract or the Fund contract: refers to the "One year holding period hybrid securities investment of domestic demand value of China Finance"
Fund Agreement and any effective amendments and supplements to the Fund Agreement
5. Custody Agreement: refers to the "Domestic Demand Value of China Finance" signed between the Fund Manager and the Fund Custodian for the Fund
Custody Agreement of One year Holding Period Hybrid Securities Investment Fund and any effective amendments and supplements to the custody agreement
charge
6. Prospectus: refers to the Recruitment Theory of Zhongrong Domestic Demand Value One Year Holding Period Hybrid Securities Investment Fund
Ming Shu and its update
7. Fund unit offering announcement: refers to the One Year Holding Period Hybrid Securities Investment Fund
Announcement on Offering Fund Units
8. Summary of fund product information: refers to the One year Holding Period Hybrid Securities Investment Fund
Summary of Fund Product Information and its updates
9. Laws and regulations: refer to the laws, administrative regulations, normative documents
Judicial interpretations, administrative rules and other decisions, resolutions and notices that are binding on the parties to the fund contract
10. Fund Law: refers to the Standing Committee of the Tenth National People's Congress
Adopted at the fifth session of the NPC and approved by the Standing Committee of the Eleventh National People's Congress on December 28, 2012
Revised at the 30th meeting of the meeting, implemented since June 1, 2013
The 14th Meeting of the Standing Committee of the Second National People's Congress
The Securities Investment Fund Law of the People's Republic of China and its promulgation mechanism as amended by the Decision of Seven Laws including the Oral Law of the People's Republic of China
As amended from time to time
11. Sales Measures: promulgated by the CSRC on August 28, 2020 and implemented on October 1 of the same year
The Measures for the Supervision and Administration of Publicly Offered Securities Investment Fund Sales Agencies issued by the Ministry of Finance and the promulgating authority from time to time
Revision of
12. Information Disclosure Measures: promulgated by the CSRC on July 26, 2019, and September 1, the same year
Implemented on March 20, 2020, and approved by the Decision of the CSRC on Amending Some Securities and Futures Regulations on March 20, 2020
The Administrative Measures for Information Disclosure of Publicly Offered Securities Investment Funds as amended by the Decision of the Ministry of Finance of the People's Republic of China
Revision issued
13. Operation Measures: promulgated by the CSRC on July 7, 2014 and implemented on August 8 of the same year
Management Measures for the Operation of Publicly Offered Securities Investment Funds and amendments made by the promulgating authority from time to time
14. Liquidity Risk Management Regulations: promulgated by the CSRC on August 31, 2017, the same year
Provisions on Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds implemented on October 1 and promulgated
As amended from time to time by the Authority
15. China Securities Regulatory Commission: China Securities Regulatory Commission
16. Bancassurance supervision and administration institution: refers to the People's Bank of China and/or the Bank of China
committee
17. Parties to the Fund Contract: refer to those who are bound by the Fund Contract and enjoy rights and assume obligations under the Fund Contract
The legal subjects of the Fund, including the Fund Manager, the Fund Custodian and the Fund Unitholders
18. Individual investor: refers to a natural person who can invest in securities investment funds according to relevant laws and regulations
19. Institutional investors: refer to those who can invest in securities investment funds according to law and are located in the People's Republic of China
Enterprise legal person, public institution legal person and society legally registered and existing or established and existing with the approval of relevant government departments
Groups or other organizations
20. Qualified foreign institutional investor: refers to the qualified foreign institutional investor who meets the requirements of the Management of Domestic Securities Investment
According to the Measures and relevant laws and regulations, securities investment funds that can be invested in securities investment funds raised in accordance with the law in China
Institutional investors outside China
21. RMB Qualified Foreign Institutional Investor: refers to the qualified foreign institutional investor in China
The Pilot Measures for Securities Investment and relevant laws and regulations stipulate that RMB funds from overseas shall be used for domestic investment
Foreign legal persons investing in securities
22. Investors/investors: individual investors, institutional investors, qualified foreign institutional investors and
RMB Qualified Foreign Institutional Investors and the purchase of securities investment funds permitted by laws and regulations or the CSRC
Collectively referred to as other investors of
23. Fund share holder: refers to the investment legally obtained from fund shares in accordance with the fund contract and prospectus
people
24. Fund sales business: refers to the fund manager or sales institution opening a fund transaction account for investors,
Publicize and promote the fund, handle the sale, subscription, redemption, conversion, regular and quota investment of fund units and provide the basis
Gold transaction account information inquiry and other businesses
25. Sales organization: refers to China Financial Fund Management Co., Ltd. and conforms to the Sales Measures and the CSRC
Other conditions stipulated by the Fund Management Committee, obtaining the qualification of fund sales business and signing the fund sales service with the fund manager
Agreement, the institution handling fund sales business
26. Registration business: refers to fund registration, custody, transfer, clearing and settlement business, including
Establishment and management of investor's fund account, registration of fund shares, confirmation, liquidation and settlement of fund sales business
Calculate and distribute dividends on behalf of others, establish and keep the register of fund share holders and handle non trading transfer, etc
27. Registration agency: refers to the agency that handles registration business. The registration authority of the fund is Zhongrong Fund Management Co., Ltd
Limited companies or institutions entrusted by China Financial Fund Management Co., Ltd. to handle registration business
28. Fund account: refers to the fund manager's account opened by the registration institution for investors, which records their holdings
Account for the balance of fund units under management and their changes
29. Fund transaction account: refers to the account opened by the sales agency for the investor and recorded that the investor passes through the sales machine
Fund units caused by the organization's handling of subscription, subscription, redemption, conversion, custody transfer, fixed investment and other businesses
Accounts with changes and balances
30. The effective date of the fund contract: means that the fund raising meets the conditions stipulated by laws and regulations and the fund contract,
The fund manager has completed the fund filing formalities with the CSRC and obtained the written confirmation of the CSRC
date
31. Fund contract termination date: refers to the date when the fund contract termination causes specified in the fund contract occur
The date on which the liquidation results are reported to the CSRC for filing and announcement after the completion of liquidation
32. Fund raising period: refers to the period from the date of offering of fund units to the date of closing the offering, with the longest
Not more than 3 months
33. Duration: refers to the indefinite period between the effectiveness and termination of the fund contract
34. Working day: refers to the working day of Shanghai Stock Exchange, Shenzhen Stock Exchange and relevant financial futures exchanges
Normal trading day
35. T day: refers to that the sales agency accepts the investor's application for subscription, redemption or other business within the specified time
open house
36. T+n day: refers to the nth working day from T day (excluding T day), and n is a natural number
37. Corresponding date: refers to the subsequent corresponding date of a specific date. If the corresponding date is a non working day,
Then it will be postponed to the next working day. If there is no corresponding date in the calendar year, it will be postponed to the last day of the month
Next business day of day
38. Open day: refers to the working day for investors to handle the subscription, redemption or other business of fund units (if
If the Fund participates in the trading of Hong Kong Stock Connect and the working day is a non Hong Kong Stock Connect trading day, the Fund Manager has the right to
The actual situation decides to suspend the subscription, redemption and conversion business of the Fund and makes an announcement)
39. Opening Hours: refers to the time period when the fund accepts subscription, redemption or other transactions on the open day
40. Business Rules: refers to the Open ended Fund Business Rules of China Financial Fund Management Co., Ltd
The Fund Manager formulates and revises from time to time to standardize the registration of open-ended securities investment funds managed by the Fund Manager
The fund manager and investors shall abide by the business rules of
41. Subscription: during the fund raising period, investors apply for
Please purchase fund shares
42. Subscription: after the Fund Contract comes into effect, the investor applies for
Please purchase fund shares
43. Redemption: refers to that after the Fund Contract comes into effect, the Fund Unitholders shall comply with the provisions of the Fund Contract and the Prospectus
The act of converting fund units into cash under specified conditions
44. Fund conversion: refers to the fund share holders' effective public funds in accordance with the Fund Agreement and the Fund Manager at that time
To apply for converting the fund units of a fund managed by the fund manager into
Behavior of other fund units managed by the fund manager
45. Transfer of custody: refers to the change place implemented by the Fund Unitholders between different sales agencies of the Fund
Operation of sales institutions holding fund units
46. Regular and quota investment plan: refers to the application submitted by the investor through the relevant sales agency, and the agreement on each application
On the purchase date, the amount of deduction and the method of deduction, the sales agency shall, on the agreed deduction date of each period, place the amount of deduction in the bank account designated by the investor
An investment method for automatically completing deduction and accepting fund purchase applications in the account
47. Massive redemption: refers to the net redemption application of the Fund on a single open day (the total number of redemption application units
Add the total number of transferred out application units in fund conversion and deduct the total number of subscription application units and transferred in in fund conversion
The balance after the total number of applied shares) exceeds 10% of the total fund shares on the previous open day
48. Hong Kong Stock Connect: refers to the mainland securities companies entrusted by the mainland investors through the Shanghai Stock Exchange and Shenzhen
The securities trading service company established by the stock exchange shall report to the Stock Exchange of Hong Kong for trading Shanghai Hong Kong Stock Connect
Shares listed on the Stock Exchange of Hong Kong within the scope of Shenzhen Hong Kong Stock Connect
49. RMB: refers to RMB
50. Fund income: refers to dividend, dividend, bond interest, price difference of securities, silver
Savings on bank deposit interest, other legal income realized and costs and expenses arising from the use of fund assets
51. Total value of fund assets: refers to various securities owned by the fund, principal and interest of bank deposits, and fund receivables
Total value of funds and other assets
52. Net Asset Value of the Fund: the value of the total asset value of the Fund minus the liabilities of the Fund
53. Net value of fund units: refers to the net value of fund assets on the calculation date divided by the total number of fund units on the calculation date
54. Fund asset valuation: it refers to calculating and evaluating the value of fund assets and liabilities to determine the net value of fund assets
Value and net value of fund units
55. Regulated media: national reports for information disclosure that meet the conditions specified by the CSRC
Internet websites (including the website of the fund manager and the website of the fund custodian) specified in the Information Disclosure Measures
Website, CSRC fund electronic disclosure website) and other media
56. Sales service fee: It refers to the amount withdrawn from the fund assets for the marketing, sales and
Service fees for fund share holders
57. Type of fund units: according to the different collection methods of subscription/subscription fees and sales service fees
Fund units are divided into different categories, and the codes of each fund unit category are different, and the net value of fund units is published separately
And accumulated net value of fund units
58. Class A Fund Units or Class A Units: refers to the collection of subscription/subscription fees when investors subscribe/subscribe, and
Fund shares that no longer accrue sales service fees from fund assets of this category
59. Class C Fund Units or Class C Units: refers to the withdrawal of sales service fees from the fund assets of this category, while
Fund units without subscription/subscription fees
60. Liquidity restricted assets: refer to assets that cannot be used due to laws and regulations, supervision, contracts or operational barriers
Assets realized at a reasonable price, including but not limited to reverse repurchase with maturity of more than 10 trading days
Fixed deposits with banks (including bank deposits that are conditionally withdrawn in advance as agreed in the agreement), suspended shares, and negotiable securities
Limited new shares, non-public shares, asset-backed securities, inability to transfer due to the issuer's debt default, or
Traded bonds, etc
61. Swing pricing mechanism: when open-end funds are subject to large purchases and redemptions
In the form of net amount, the market shock cost of the fund's adjusted portfolio is allocated to the actual subscription and redemption investments
Investors, thereby reducing the adverse impact on the interests of stock fund share holders and ensuring the legitimate rights and interests of investors
Be protected and treated fairly
62. Minimum holding period: refers to the minimum holding period of one year set by the Fund for each fund unit. That is, right
For each fund unit, it means that from the effective date (inclusive) of the fund contract (for subscription units)
Confirmation date of share subscription (inclusive) (for subscription units) or confirmation date of fund share conversion transfer (contra transfer
For the transferred shares) to the day before the corresponding day one year later is the shortest holding period
Fund unit holders may not handle redemption and transfer out business during the period
63. Open holding period: for each fund unit, the next working day (including) after the end date of the shortest holding period
The Fund Unitholders can handle redemption and transfer out business after entering the open holding period
64. Side pocket mechanism: refers to the separation of specific assets in the fund portfolio from the original account to a special
The purpose of account settlement is to effectively isolate and defuse risks and ensure that investors are treated fairly,
It is a liquidity risk management tool. During the implementation of the side pocket mechanism, the original account is called the main pocket account and the special account
The account is called side pocket account
65. Specific assets: including: (I) There is no active market price to refer to and the valuation technology is still adopted
Assets with significant uncertainty in fair value; （2） Measured at amortized cost and provision for asset impairment
Assets that still lead to significant uncertainty of asset value; （3） Significant inaccuracy in the value of other assets
Qualitative assets
66. Force majeure: refers to the objective that the parties to the Fund Contract cannot foresee, avoid and overcome
event
Part III Basic Information of the Fund
1、 Fund name
Zhongrong Domestic Demand Value One year Holding Period Hybrid Securities Investment Fund
2、 Category of fund
Hybrid securities investment fund
3、 Operation mode of the fund
Contractual and open
The Fund sets a minimum holding period of one year for each fund unit. For each fund unit, refer to
From the effective date (inclusive) of the gold contract (for subscription units) to the confirmation date (inclusive) of subscription of fund units (for
For subscription units) or from the confirmation date of transfer in of fund units (for transferred units) to one year
The period of the day before the corresponding day after is the shortest holding period, and fund share holders cannot do it during the shortest holding period
Redemption and transfer out business. If the corresponding date is not a working day or there is no corresponding date, it shall be postponed to
Next business day.
From the next working day (inclusive) after the end date of the shortest holding period, the open holding period will begin
People can handle redemption and transfer out business.
4、 Investment objectives of the Fund
Under the premise of strictly controlling portfolio risk and maintaining good liquidity, focus on investment in domestic demand value theme
Relevant high-quality listed companies strive to achieve long-term stable appreciation of fund assets.
5、 Total minimum raised shares of the Fund
The minimum total number of units raised by the Fund is 200 million, and the amount raised by the Fund is not less than 200 million yuan.
6、 Selling face value and subscription fees of fund units
The selling face value of the Fund units is RMB 1.00.
Subscription fees are charged for Class A fund units of the Fund, and the subscription rate is based on the prospectus and fund product information
Implementation of the summary. There is no subscription fee for Class C fund units of the Fund.
7、 Duration of the Fund
Irregular
8、 Fund share category setting
According to the different collection methods of subscription fees, subscription fees and sales service fees, the Fund will
It is divided into A and C shares. The Class A fund shares are collected before investors subscribe and subscribe for funds
End subscription and subscription fees, and no sales service fees are withdrawn from the net asset value of the fund of this category;
Class C fund units are the sales service fees withdrawn from the net asset value of the fund, and no subscription or subscription is charged
Fund share of fees. The setting and level of relevant rates are listed in the prospectus.
Fund codes are set for Class A fund units and Class C fund units of the Fund. Due to fund expenses
Different, the net value of the fund units will be calculated separately for the Class A fund units and Class C fund units of the Fund and separately published
Notice.
Investors can choose the type of fund units to subscribe/subscribe for at their own discretion. Between different fund share categories of the Fund
Do not convert each other.
According to the operation of the Fund, the Fund Manager may, without violating the provisions of laws and regulations and the provisions of the Fund Contract
If there is no material adverse effect on the interests of fund share holders
To, after performing appropriate procedures, stop the sale of existing fund unit categories, or change the charging method, increase
Add new categories of fund units or adjust the classification rules of this fund unit, and adjust the fund manager before implementation
An announcement shall be made without convening a general meeting of fund share holders.
Part IV Sale of Fund Units
1、 The time, method and target of offering fund units
1. Sale time
The maximum period of time from the date of sale of fund units shall not exceed 3 months. See the specific time of sale of fund units
Notice.
2. Way of sale
It is publicly sold through the fund sales outlets of each sales agency. For the specific list of each sales agency, see the fund
The amount offering announcement and the website of the fund manager are publicized.
3. Target
Individual investors, institutional investors, contract investors who can invest in securities investment funds in accordance with laws and regulations
Qualified foreign institutional investors and RMB qualified foreign institutional investors, as well as laws and regulations or the CSRC
Other investors allowed to purchase securities investment funds.
2、 Subscription of Fund Units
1. Subscription fee
The subscription rate for Class A fund units of the Fund shall be determined by the Fund Manager, and shall be recorded in the Prospectus and
Listed in the gold product data summary. The fund subscription fee shall not be included in the fund property. Class C fund units are not recognized
Purchase fees.
2. Treatment of interest during the raising period
The interest generated from the effective subscription funds during the raising period will be converted into fund units and returned to the fund unit holders
All, of which the interest transfer share shall be subject to the records of the registration authority.
3. Calculation of Fund Subscription Units
The specific calculation method of fund subscription units is listed in the prospectus.
4. Handling method of subscribed share balance
The calculation of subscribed shares shall be reserved to 2 decimal places, and the part after 2 decimal places shall be rounded off
The gains or losses arising from this error shall be borne by the fund property.
5. Confirmation of subscription application
The acceptance of the subscription application by the fund sales agency does not mean that the application must take effect, but only represents the sales machine
The organization has indeed received the subscription application. The confirmation of the subscription application shall be subject to the confirmation result of the registration authority. Sales organization
The investor shall be informed in a timely manner of the name of the fund he/she subscribes to, the confirmation date of the fund units, the confirmed units and the amount
Such information. Investors shall timely inquire about and properly exercise the subscription application and confirmation of subscription shares
legitimate right.
3、 Limitation on the amount of fund share subscription
1. When subscribing, investors shall pay in full in the way specified by the sales agency. Investors raise funds
Fund units may be subscribed for several times during the period, and the subscription fee shall be calculated separately for each subscription application. Once the subscription application is approved
The acceptance shall not be revoked.
2. The Fund Manager may limit the minimum single subscription amount of each fund transaction account
Please refer to the prospectus or relevant announcements for body restrictions.
3. The Fund Manager may limit the cumulative subscription amount of a single investor during the offering period
Please refer to the prospectus or relevant announcements for body restrictions and handling methods.
4. It is calculated on a consolidated basis according to various fund units of the Fund, such as
If the amount of fund shares reaches or exceeds 50% of the total fund shares, the fund manager may adopt such methods as proportion confirmation
Limit the subscription application of the investor. It is possible for the fund manager to accept certain subscription applications
The Fund Manager shall have the right to reject all or part of the above 50% ratio requirements in a disguised form
Sub subscription application. The number of fund units subscribed by investors shall be subject to the confirmation of the registration authority after the fund contract takes effect.
Part V Fund Filing
1、 Conditions for Fund Filing
The total number of units raised in the Fund shall not be less than 200 million within three months from the date of sale of the Fund units,
If the fund raised amount is not less than 200 million yuan and the number of fund subscribers is not less than 200
The offering period expires or the Fund Manager may decide to stop the sale of the Fund in accordance with laws, regulations and the Prospectus, and
Engage a legal capital verification institution to verify the capital within 10 days, and report to the CSRC within 10 days from the date of receiving the capital verification report
It will handle the fund filing procedures.
If the fund raising meets the conditions for fund filing, the fund manager shall complete the fund filing procedures and obtain
The Fund Contract shall come into force from the date of written confirmation by the CSRC; Otherwise, the fund contract will not take effect. Fund manager
The Fund Contract shall be announced on the next day after receiving the confirmation document from the CSRC. The Fund Manager shall
Deposit the funds raised during the fund raising into a special account. Before the fund raising is completed, no one may
to use.
2、 Handling method of raised funds when the fund contract fails to take effect
If the raising period expires and the fund filing conditions are not met, the fund manager shall bear the following responsibilities:
1. Bear the debts and expenses arising from the raising with its inherent property;
2. Return the funds paid by investors within 30 days after the expiration of the fund raising period, plus the bank
Current deposit interest;
3. If the fund raising fails, the fund manager, the fund custodian and the sales institution shall not request remuneration.
All expenses paid by the Fund Manager, the Fund Custodian and the Sales Agency for the Fund raising shall be borne by each party
Dan.
3、 Number of fund share holders and asset size within the duration of the fund
After the Fund Contract comes into effect, the number of Fund Unitholders is less than 200 or
Where the net asset value of a fund is less than 50 million yuan, the fund manager shall disclose it in the regular report;
In case of the above circumstances for 50 consecutive working days, after the Fund Manager performs the appropriate procedures, this Fund Contract
Automatic termination, without the need to convene a general meeting of fund share holders, but in accordance with the relevant provisions of the Information Disclosure Measures
It shall be announced on the specified media.
If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Part VI Subscription and Redemption of Fund Units
1、 Place for subscription and redemption
The subscription and redemption of the Fund will be conducted through the sales agency. Specific sales agency outlets will be managed by the fund
The manager shall list it in the prospectus or other relevant announcements. The Fund Manager may change, increase or decrease as the case may be
The selling institution shall be publicized on the website of the fund manager. The fund investor shall handle the fund sales business in the sales institution
The subscription and redemption of fund units shall be handled at the business premises of the sales agency or in other ways provided by the sales agency.
If the fund manager or its designated sales agency opens telephone, fax or online trading methods
People can purchase and redeem fund units in the above ways. The specific measures shall be specified by the fund manager or
The sales organization of will be announced separately.
2、 Opening day and time of subscription and redemption
1. Open Day and Opening Hours
The investor shall handle the subscription of fund units on the open day, and the end date of the shortest holding period of each fund unit
Redemption of fund units can be handled from the next working day (inclusive) of. The specific handling time is Shanghai Stock Exchange
Trading hours on normal trading days of Exchange, Shenzhen Stock Exchange and relevant financial futures exchanges
When gold participates in the trading of Hong Kong Stock Connect and the working day is not a trading day of Hong Kong Stock Connect, the fund manager has the right to
The circumstances determine that the Fund will suspend subscription, redemption and conversion business and make an announcement. However, according to laws and regulations
Except for the suspension of subscription and redemption as required by the CSRC or the provisions of the fund contract.
After the fund contract takes effect, if there is a new securities and futures trading market, the securities and futures exchanges will trade
In case of time change or other special circumstances, the Fund Manager will, as the case may be, compare the aforesaid opening days and opening hours
Shall be adjusted, but shall be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation date.
2. Start date of subscription and redemption and business processing time
The fund manager shall handle the subscription within 3 months from the effective date of the fund contract
The processing time shall be specified in the announcement of subscription start.
The next working day after the end date of the shortest holding period of subscribed shares (i.e. the fund manager is born from the fund contract
One year from the effective date), the fund manager will start to handle the redemption, and the specific business processing time is
It is stipulated in the back start announcement. For each fund unit, the next working day from the end date of the shortest holding period
From (inclusive), redemption and transfer out business can be handled.
After determining the start time of subscription and redemption, the Fund Manager shall, before the opening day of subscription and redemption
The starting time of subscription and redemption shall be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
The fund manager may not handle the subscription of fund units
Redemption or conversion. The investor puts forward the subscription, redemption or conversion on a date and time other than that specified in the fund contract
If the application is made and the registration authority confirms to accept, the subscription and redemption price of the fund units shall be the base of the category on the next business day
The price of subscription and redemption of gold shares.
3、 Principles of subscription and redemption
1. The principle of "unknown price", that is, the subscription and redemption prices of various funds calculated after the closing of the application day
Calculate on the basis of net amount;
2. The principle of "amount subscription and share redemption", that is, the subscription is applied for by amount, and the redemption is applied for by share;
3. The application for subscription and redemption on the current day can be withdrawn within the time specified by the fund manager
Shall not be revoked after the end of the business processing time of;
4. Redemption follows the principle of "first in, first out", that is, it is carried out according to the order of subscription and application of investors
Sequential redemption;
5. When handling subscription and redemption business, the principle of giving priority to the interests of fund share holders shall be followed to ensure that
The legitimate rights and interests of investors shall not be damaged and shall be treated fairly;
6. Documents to be submitted by investors when handling subscription, redemption and other businesses, handling procedures, handling time
Under the premise of complying with the provisions of the fund contract and the prospectus, the handling rules shall be based on the specific regulations of each sales agency
Shall prevail.
The Fund Manager may adjust the above principles if permitted by laws and regulations. Fund manager
It must be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation of the new rules.
4、 Procedures for subscription and redemption
1. Application method for subscription and redemption
The investor must propose within the specific business handling time on the opening day according to the procedures specified by the sales agency
Application for subscription or redemption.
When submitting the application for subscription, the investor shall prepare sufficient subscription funds in the manner specified by the sales agency
Sufficient fund unit balance must be held when the redemption application is submitted, otherwise the submitted application for subscription and redemption will fail
stand.
2. Payment of subscription and redemption funds
When subscribing for fund units, the investor must pay the subscription amount in full
Establishment of purchase; The subscription takes effect when the fund share registration authority confirms the fund share.
The redemption is established when the fund unit holder submits the redemption application; When the fund share registration institution confirms the redemption,
Redemption takes effect.
After the investor's redemption application takes effect, the fund manager will pay the redemption within T+7 days (including that day)
Payment. In case of data transmission delay, communication system failure, bank data of securities/futures exchanges or trading markets
Exchange system failure or other factors beyond the control of the fund manager and fund custodian affect business processing
During the process, the redemption amount shall be transferred to the next working day. In case of major redemption or deferred payment of redemption money
The payment method shall refer to the relevant provisions of the Fund Contract.
3. Confirmation of application for subscription and redemption
The Fund Manager shall take the day when valid subscription and redemption applications are accepted before the end of trading hours as the day of subscription
Or redemption application date (T date). Under normal circumstances, the Fund's registration authority will
To confirm the effectiveness of the transaction. For the valid application submitted on T date, the investor shall
(including that day) Check the confirmation of the application at the counter of the sales outlet or in other ways specified by the sales agency. if
If the subscription is unsuccessful, the subscription amount shall be returned to the investor.
The acceptance of the application for subscription and redemption by the sales agency does not mean that the application must take effect, but only represents the sales
The institution has indeed received the application for subscription and redemption. The confirmation of application for subscription and redemption is based on the confirmation result of the registration authority
Shall prevail. As for the confirmation of the application for subscription and redemption, the sales institution shall timely inform the investor of its subscription
The name of the fund to be redeemed and the confirmation date, confirmed units and amount of the fund units, etc. The investor shall
Make inquiries and properly exercise legal rights.
To the extent permitted by laws and regulations and the Fund Agreement, the Fund Manager may determine the time and
The Fund Manager will make an announcement in accordance with relevant regulations before the adjustment is implemented.
5、 Quantity limit of subscription and redemption
1. The Fund Manager may specify the minimum amount of the initial subscription and each subscription as well as each redemption
Please refer to the Prospectus or relevant announcements for the specific provisions of the minimum share returned.
2. The fund manager may specify the minimum fund unit balance of each fund transaction account of the investor, with
Please refer to the Prospectus or relevant announcements for specific regulations.
3. The fund manager may stipulate the upper limit of the fund units held by a single investor in total. Please refer to
See the Prospectus or relevant announcements.
4. When accepting the application for subscription has a potentially significant adverse effect on the interests of the holders of stock fund units,
The Fund Manager shall set the upper limit of the subscription amount of a single investor or the upper limit of the net subscription proportion of a single day of the Fund
Measures such as rejecting large amount subscription, suspending fund subscription, etc. shall be taken to effectively protect the legitimate rights and interests of holders of stock fund units.
The fund manager can take the above measures to control the fund size based on the needs of investment operation and risk control
System. See the relevant announcement of the Fund Manager for details.
5. The Fund Manager has the right to specify the upper limit of the amount of a single investor's single day or single subscription. Please refer to
See the Prospectus or relevant announcements.
6. The Fund Manager has the right to stipulate the total size limit of the Fund and the upper limit of the net subscription ratio per day, as detailed in
Please refer to the prospectus or relevant announcement for the upper limit of scale or proportion.
7. The Fund Manager may adjust the above specified subscription amount and redemption if permitted by laws and regulations
Share and other quantitative restrictions. The fund manager must comply with the relevant provisions of the Information Disclosure Measures before the implementation of the adjustment
It shall be announced on the specified media.
6、 Purchase and redemption prices, fees and their uses
1. The calculation of the net value of various fund units of the Fund shall be kept to 4 decimal places
The five digits shall be rounded off, and the resulting gains or losses shall be borne by the fund property. Net amount of various fund units on T day
The value is calculated after the close of the day and announced within T+1 days. In case of special circumstances, after performing appropriate procedures
Calculated or announced with appropriate delay. To protect the interests of fund share holders, the Fund Manager and the Fund Custodian
By consensus, the calculation accuracy of the net value of fund units can be adjusted periodically and announced accordingly, without the need to convene a fund
Deliberation at the general meeting of unit holders.
2. Calculation of subscription units and processing method of balance: For the calculation of subscription units of the Fund, please refer to the recruitment statement
Clear book. The subscription rate of Class A fund units of the Fund shall be determined by the Fund Manager, and shall be recorded in the Prospectus and
Listed in the summary of fund product information. The effective share of subscription is the net subscription amount divided by the fund of that category on that day
Net value of shares. The unit of effective shares is shares. The above calculation results are rounded to the decimal point
The last two, the income or loss arising therefrom shall be borne by the fund property.
3. Calculation and handling method of redemption amount: please refer to the Prospectus for the calculation of redemption amount of the Fund.
The redemption rate of the Fund is determined by the Fund Manager and listed in the Prospectus and the summary of fund product information
Shows. The redemption amount is the effective redemption unit actually confirmed multiplied by the net value of such fund unit on the day and deducted by
The unit of redemption amount is yuan. The above calculation results are rounded to the decimal point
The last two, the income or loss arising therefrom shall be borne by the fund property.
4. The subscription fees for Class A fund units of the Fund shall be borne by the investors who subscribe for Class A fund units
Listed in fund assets; There is no subscription fee for Class C fund units.
5. Redemption expenses shall be borne by the fund unit holders who redeem the fund units
It is collected when the fund units are returned. The proportion of redemption expenses included in the fund property shall be set in accordance with relevant laws and regulations
See the prospectus. The part not included in the fund property is used to pay the registration fee and other necessary formalities
Fees.
6. Specific calculation method, redemption rate and redemption amount of the Fund's subscription rate and subscription units
The calculation method and charging method of the fund shall be determined by the fund manager in accordance with the provisions of the fund contract, and shall be stated in the prospectus
Listed in the book. The fund manager may adjust the rate or charging method within the scope agreed in the fund contract, and
In accordance with the relevant provisions of the Information Disclosure Measures, the new rate or charging method shall be submitted to the regulatory media later than the implementation date of the new rate or charging method
Introduce the announcement.
7. In case of large amount purchase or redemption of the Fund, the Fund Manager may use the swing pricing machine
To ensure the fairness of fund valuation. Specific handling principles and operation specifications shall comply with relevant laws and regulations and
Provisions of regulatory authorities and self-discipline rules.
8. The Fund Manager may, without violating the provisions of laws and regulations and the fund contract, hold
Under the circumstance that there is no material adverse effect on the interests of some people, the fund promotion plan shall be formulated according to the market conditions
Carry out fund promotion activities irregularly. During fund promotion activities
In case of no material adverse effect, the Fund Manager may go through necessary formalities as required by the CSRC
After that, the fund subscription rate and redemption rate shall be appropriately lowered.
7、 Refusal or suspension of subscription
In case of the following circumstances, the Fund Manager may refuse or suspend accepting the subscription application of investors:
1. The fund cannot operate normally due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Investor's application for subscription.
3. The trading time of the securities/futures exchange is abnormal, or the fund participates in the trading of the Hong Kong Stock Connect and the Hong Kong Stock Connect
The suspension of trading causes the Fund Manager to be unable to calculate the net asset value of the Fund on that day.
4. Accepting certain or certain subscription applications may affect or damage the interests of existing fund share holders or
When there is a potential significant adverse impact on the interests of the holders of stock fund units.
5. The scale of fund assets is too large, which makes the fund manager unable to find suitable investment varieties, or other
It may have a negative impact on the performance of the Fund, or other circumstances may damage the interests of existing Fund Unitholders.
6. Fund Manager, Fund Custodian, Fund Sales Agency, Fund Sales Payment Clearing Agency or Registration
The fund sales system, fund sales payment settlement system and fund registration system are caused by the abnormal conditions of the accounting institutions
The unified or fund accounting system cannot operate normally.
7. The Fund Manager's acceptance of certain or certain subscription applications may cause a single investor to hold the Fund
The proportion of shares reaches or exceeds 50%, or evades 50% concentration in disguised form.
8. The subscription application exceeds the total size of the fund, the upper limit of the net subscription ratio per day, and the number of
1. The maximum amount of a single day or single subscription by an investor.
9. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
After the subscription, the fund manager shall suspend accepting the application for fund subscription.
10. The fund participates in Hong Kong Stock Connect transactions and the daily limit of Hong Kong Stock Connect transactions is insufficient.
11. Other circumstances stipulated by laws and regulations or recognized by the CSRC.
One of the above situations of suspension of subscription in items 1, 2, 3, 5, 6, 9, 10 and 11 occurs and the fund manager
When deciding to suspend the acceptance of investors' subscription applications, the Fund Manager shall, in accordance with relevant regulations
Publish the announcement of suspension of subscription. If the investor's application for subscription is rejected in whole or in part, the rejected subscription
The principal will be returned to the investor. When the suspension of subscription is eliminated, the Fund Manager shall resume the application in a timely manner
The purchase business shall be handled and announced.
8、 Circumstances of suspending redemption or delaying payment of redemption money
Under the following circumstances, the Fund Manager may suspend accepting the redemption application of investors or postpone the payment of redemption
Payment:
1. The Fund Manager is unable to pay the redemption amount due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Redemption application of investors or deferred payment of redemption money.
3. The trading time of the securities/futures exchange is abnormal, or the fund participates in the trading of the Hong Kong Stock Connect and the Hong Kong Stock Connect
The suspension of trading causes the Fund Manager to be unable to calculate the net asset value of the Fund on that day.
4. Huge redemption occurred for two or more consecutive open days.
5. In the event that continuing to accept the redemption application will damage the interests of existing fund unit holders
The manager may suspend accepting the redemption application of the fund unit holder.
6. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
After recognition, the Fund Manager shall postpone the payment of redemption funds or suspend the acceptance of fund redemption applications.
7. Other circumstances stipulated by laws and regulations or recognized by the CSRC.
One of the above circumstances other than Item 4 occurs and the Fund Manager decides to suspend redemption or postpone payment
When redeeming funds, the Fund Manager shall report to the CSRC for filing as required
The administrator shall pay in full; If the payment cannot be made in full for the time being, the payable part shall be accounted for according to the application amount of a single account
The proportion of the total amount of application is distributed to the redemption applicant, and the unpaid part can be postponed. If the above 4
The circumstances described in item shall be handled in accordance with the relevant provisions of the fund contract. Fund unit holders may apply for redemption in advance
Select to cancel the part that may not be accepted on that day. When the suspension of redemption is eliminated, the Fund Manager
The redemption business shall be resumed and announced in a timely manner.
9、 Large amount redemption situation and handling method
1. Recognition of massive redemption
If the net redemption application of the Fund units within a single open day of the Fund (the total number of redemption application units plus the Fund
After deducting the total number of subscription application units from the total number of transfer out application units during conversion and the transfer in application units during fund conversion
If the balance after the total amount exceeds 10% of the total fund shares on the previous opening day, it is deemed that a huge redemption has occurred.
2. Treatment method of massive redemption
In case of a huge redemption of the fund, the fund manager can decide according to the current asset portfolio of the fund
Full redemption, partial deferred redemption or suspended redemption.
(1) Full redemption: when the Fund Manager believes that it is able to pay all redemption applications of investors,
Follow normal redemption procedures.
(2) Partial deferred redemption: when the fund manager thinks that it is difficult to pay the investor's redemption application or
The realization of property for the purpose of paying the redemption application of investors may cause a large impact on the net asset value of the fund
In case of fluctuation, the redemption ratio accepted by the fund manager on the same day shall not be less than 10% of the total fund shares on the previous open day
Under the premise of, the remaining redemption applications can be postponed. For the redemption application on that day, it should be based on a single account
The proportion of redemption application amount in the total redemption application amount, and the redemption unit accepted on that day shall be determined; For the non redeemable part
The investor can choose to postpone or cancel the redemption when submitting the redemption application. Those who choose to postpone redemption,
Will automatically transfer to the next business day to continue redemption until all redemption; If redemption is selected, the current day
Some redemption applications that have not been accepted will be cancelled. The deferred redemption application is together with the redemption application on the next open day
Processing, no priority and the redemption amount is calculated based on the net value of the fund units of this category on the following open day
Such push shall be carried out until full redemption. If the investor does not make a clear choice when submitting the redemption application, the investor
The part that fails to be redeemed will be automatically postponed for redemption.
(3) In case of huge redemption of the Fund, a single fund unit holder will exceed 20% of the total fund shares
In case of the above redemption application, the Fund Manager has the right to postpone the application for redemption:
The redemption application of the holder that exceeds 20% of the total fund shares of the previous day can be postponed; about
For the part of the fund unit holder that does not exceed the above proportion, the fund manager has the right to
Redemption "or" (2) Partial deferred redemption "and redemption application I of other fund unit holders
And handle it. However, if the holder chooses to cancel the redemption when submitting the redemption application, it is not accepted on that day
Part of the redemption application will be withdrawn.
(4) Suspension of redemption: massive redemption occurs for more than 2 consecutive business days (including the number), such as fund management
The Manager may suspend accepting the redemption application of the Fund if it deems it necessary; The accepted redemption application can be postponed
The redemption money shall be paid within 20 working days, and shall be announced on the specified media.
3. Announcement of massive redemption
In the event of the above-mentioned huge redemption and the postponement of the transaction, the Fund Manager shall mail, fax or call
Other methods specified in the Prospectus shall notify the fund share holders within three trading days, stating the relevant processing party
And publish an announcement on the specified media within 2 days.
10、 Announcement of suspension of subscription or redemption and announcement of reopening subscription or redemption
1. In case of the above suspension of subscription or redemption, the Fund Manager shall specify the media within the specified period
The suspension notice is published on the website.
2. If the suspension occurs for one day, the Fund Manager shall, on the reopening day
Publish the announcement of subscription or redemption of fund reopening, and publish the net value of various fund units on the latest opening day.
3. If the suspension occurs for more than one day but less than two weeks, the suspension ends and the fund reopens for subscription
Or at the time of redemption, the Fund Manager shall publish on the specified media in accordance with the relevant provisions of the Information Disclosure Measures
Gold reopens the subscription or redemption announcement, and announces the net value of various fund units on the latest opening day.
4. If the suspension occurs for more than two weeks, the Fund Manager shall publish at least every two weeks during the suspension period
Suspend the announcement once; When the suspension lasts for more than two months, the frequency of publishing the suspension notice can be
Adjustment. When the suspension ends and the fund is reopened for subscription or redemption, the fund manager shall
The relevant provisions of the Law of the People's Republic of China shall continuously publish the announcement of subscription or redemption of the reopening of funds on the specified media, and announce the
Net value of various fund units in the past one open day.
11、 Fund conversion
The Fund Manager may decide to open the Fund in accordance with relevant laws and regulations and the provisions of the Fund Agreement
For the conversion business with other funds managed by the fund manager, a certain conversion fee may be charged for fund conversion,
The relevant rules shall be formulated and announced by the Fund Manager in accordance with relevant laws and regulations and the provisions of this Fund Agreement,
And inform the Fund Custodian and relevant institutions in advance.
12、 Transfer of Fund Units
If permitted by relevant laws and regulations and conditions are met, the Fund Manager may accept the holding of fund units
The application for share transfer by person through the trading place or trading method recognized by the CSRC shall be registered by
The institution shall handle the transfer registration of fund units. If the Fund Manager intends to accept the transfer of fund units, it will
Announcement: Fund unit holders shall handle the transfer of fund units in accordance with the business rules announced by the fund manager.
13、 Non trading transfer of funds
Non transaction transfer of funds refers to the acceptance of inheritance, donation and judicial enforcement by the fund registration authority
The resulting non transaction transfer and other non transaction transfer recognized by the registration authority and in compliance with laws and regulations. whether
Under any of the above circumstances, the subject receiving the transfer must be an investor who can hold the fund shares of the Fund according to law,
Or in accordance with laws and regulations or the requirements of competent national authorities.
Inheritance refers to the death of the fund unit holder, and the fund units held by him shall be inherited by his legal successor;
Donation means that fund share holders donate their legally held fund shares to welfare foundations or societies
Association; Judicial enforcement means that the judicial authority holds
Fund units are forcibly transferred to other natural persons, legal persons or other organizations. Basis must be provided for non transaction transfer
The relevant information required by the gold registration authority shall be subject to the fund registration machine for the qualified non transaction transfer application
It shall be handled in accordance with the provisions of the Fund Registration Authority and charged in accordance with the standards prescribed by the Fund Registration Authority.
14、 Custody transfer of funds
Fund share holders can handle the transfer of custody of their held fund shares between different sales institutions
A sales agency may collect the transfer custody fee according to the prescribed standards.
15、 Fixed investment plan
The Fund Manager may handle regular and quota investment plans for investors, and the specific rules shall be separately formulated by the Fund Manager
Line regulations. The investor can agree on the amount of deduction in each period when handling the fixed investment plan
The amount must not be less than the fixed amount specified by the fund manager in the relevant announcement or updated prospectus
The minimum subscription amount of the investment plan.
16、 Freeze, unfreeze, pledge and transfer of fund shares
The fund registration authority only accepts the freezing and unfreezing of fund units required by the competent authorities of the state according to law, and
Freezing and unfreezing under other circumstances recognized by the registration authority and in compliance with laws and regulations. If the fund shares are frozen,
The frozen shares still participate in income distribution, and the rights and interests generated by the frozen shares are frozen together. laws and regulations
Unless otherwise specified.
On the premise of not violating the laws and regulations and the provisions of the CSRC, the Fund Manager may
Handle the pledge business of fund units or other fund industries without material adverse effects on the interests of the holders
The Fund Manager may formulate corresponding business rules and proceed in accordance with the relevant provisions of the Information Disclosure Measures
Bank announcement.
If permitted by laws and regulations, the Fund Manager may accept the Fund Unitholders to pass the CSRC
The application for share transfer shall be made by the trading place or trading method recognized by the registration authority, and the fund share shall be handled by the registration authority
Transfer registration of the amount. If the fund manager intends to accept the transfer of fund units, it will make an announcement in advance
The holder shall handle the transfer of fund units in accordance with the business rules announced by the fund manager.
17、 The Fund Manager may, without violating the relevant laws and regulations or generating any benefit to the Fund Unitholders
Under the premise of adverse effects, supplement and adjust the above subscription and redemption arrangements and provide
Previous announcement.
18、 Subscription and redemption of the Fund during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the subscription and redemption arrangements of the Fund are detailed in the Prospectus or relevant companies
Notice.
Part VII Parties to the Fund Contract and Their Rights and Obligations
1、 Fund manager
（1） Profile of the Fund Manager
Name: Zhongrong Fund Management Co., Ltd
Address: 3202, 3203B, Zhongzhou Building, No. 3088, Jintian Road, Gangsha Community, Futian Street, Futian District, Shenzhen
Legal representative: Wang Yao
Establishment date: May 31, 2013
Approval authority and approval document number: CSRC ZJXK [2013] No. 667
Organizational form: limited liability company
Registered capital: RMB 750 million
Duration: continuous operation
Tel: 010-56517000
（2） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Manager include
But not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Agreement, the Fund shall be independently used and managed in accordance with laws, regulations and the Fund Agreement
Gold property;
(3) Collect fund management fees in accordance with the fund contract and those prescribed by laws and regulations or approved by the CSRC
other expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
If the fund contract and relevant national laws and regulations are violated, it shall be reported to the CSRC and other regulatory authorities, and
Necessary measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency
Reason;
(9) Act as or entrust other qualified institutions to act as fund registration agencies to handle fund registration business
And obtain the fees specified in the fund contract;
(10) Decide on the distribution plan of fund income in accordance with the fund contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription and redemption applications within the scope agreed in the fund contract;
(12) Exercising shareholders' rights against the invested company for the benefit of the fund in accordance with laws and regulations, and for the benefit of the fund
To exercise the rights arising from the investment of the Fund's assets in securities;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager; or
Performing other legal acts;
(15) Selection and replacement of law firms, accounting firms, securities brokers and futures brokerage institutions
Or other external institutions providing services for the Fund;
(16) Formulate and adjust relevant fund subscription, subscription
Redemption, conversion, non trading transfer and other business rules;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
But not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Agreement, the Fund shall be managed and applied in the principle of good faith, prudence and diligence
Gold property;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making, so as to be professional
Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure that the assets of the fund under management and the assets of the fund manager are independent of each other, and to separate the different funds under management
Management, separate bookkeeping and securities investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used to
They or any third party shall not entrust any third party to operate the fund property for their own benefit;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Take appropriate and reasonable measures to calculate the subscription, purchase, redemption and cancellation prices of fund units
The method shall comply with the provisions of the fund contract and other legal documents. The net value of the fund shall be calculated and announced in accordance with the relevant provisions
To fix the price for subscription and redemption of fund units;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report;
(11) Perform information disclosure and reporting in strict accordance with the Fund Law, the Fund Contract and other relevant provisions
Obligation to sue;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. In addition to the Fund Law
Unless otherwise specified in the fund contract and other relevant provisions, the fund information shall be kept confidential before public disclosure
People leak, but at the request of competent authorities such as regulatory agencies and judicial authorities, or because of external expertise such as audit and law
Except when the consultant needs to provide services;
(13) Determine the fund income distribution plan as agreed in the fund contract and distribute the fund income to fund share holders in a timely manner
Fund allocation income;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene a general meeting of fund unit holders in accordance with the Fund Law, the Fund Contract and other relevant provisions
Or cooperate with the Fund Custodian and the Fund Unitholders to convene a general meeting of the Fund Unitholders in accordance with the law;
(16) Keep the accounting books, statements, records and other relevant information of fund property management business activities as required
If the relevant information is more than 15 years old and the laws and regulations provide otherwise, the provisions shall prevail;
(17) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and
Ensure that investors can check the disclosure related to the fund at any time according to the time and method specified in the fund contract
Materials, and obtain copies of relevant materials at reasonable cost;
(18) Organize and participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation
Realization and distribution;
(19) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And notify the Fund Custodian;
(20) Loss of fund assets or damage to the legitimate rights and interests of fund share holders due to violation of the fund contract
Shall be liable for compensation, and his liability for compensation shall not be exempted by his retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the custodian violates the fund contract and causes losses to the fund property, the fund manager shall pay
Fund custodian recovery;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the relevant funds to the third party
Take responsibility for the behavior of financial affairs;
(23) In the name of the Fund Manager, on behalf of the Fund Unitholders, exercise the right of litigation or enforce its
Other legal acts;
(24) The Fund fails to meet the filing conditions of the Fund during the raising period, and the Fund Contract cannot take effect
The manager shall bear all the raising expenses and raise the raised funds in the fund together with the interest of bank demand deposits for the same period
Return to the fund subscriber within 30 days after the end of the set period;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
2、 Fund Custodian
（1） Profile of Fund Custodian
Name: China Construction Bank Corporation
Address: No. 25, Financial Street, Xicheng District, Beijing
Legal representative: Tian Guoli
Time of establishment: September 17, 2004
Organizational form: limited liability company
Registered capital: RMB twenty-five million, eleven million, nine hundred and seventy-seven thousand, four hundred and eighty-six only
Duration: continuous operation
Approval document and document number of fund custody qualification: ZJJZ [1998] No. 12 of China Securities Regulatory Commission
（2） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include
But not limited to:
(1) The Fund shall be safeguarded in accordance with laws, regulations and the provisions of the Fund Contract as of the effective date of the Fund Contract
Property;
(2) Obtaining fund custody fees, laws and regulations or regulatory approval in accordance with the fund contract
other expenses;
(3) Supervise the investment operation of the Fund Manager in the Fund. If the Fund Manager is found to have violated the Fund
The contract and national laws and regulations have caused heavy losses to the fund property and the interests of other parties,
It shall report to the CSRC and take necessary measures to protect the interests of fund investors;
(4) In accordance with relevant market rules, open securities accounts, capital accounts and other investment accounts for the Fund,
Clearing securities and futures trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include
But not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) A special fund custody department shall be set up, with satisfactory business premises and sufficient
Qualified full-time personnel familiar with fund custody business, responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure the safety of the fund property and ensure that the fund property under its custody is different from the fund custodian's own property and
Fund assets are independent of each other; Set up separate accounts for different funds under custody, conduct independent accounting, and manage accounts separately,
Ensure that different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract, the Custodian Agreement and other relevant provisions, it shall not be used
The Fund property shall seek benefits for itself and any third party, and shall not entrust any third party to trust the Fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open other accounts required for investment such as fund account and securities account of fund property according to regulations
In accordance with the provisions of the fund contract and the custody agreement, and in accordance with the investment instructions of the fund manager, the fund manager shall handle the liquidation and delivery in a timely manner
Cutting matters;
(7) Keep fund business secrets, except for the Fund Law, fund contract, custody agreement and other relevant regulations
Unless otherwise specified in the regulations, the fund information shall be kept confidential before public disclosure and shall not be disclosed to others
As required by competent authorities such as the organization and the judiciary, or as required by external professional consultants such as audit and law
Except where provided;
(8) Review and review the net fund asset value, net value of various fund units
Subscription and redemption price of gold shares;
(9) To handle information disclosure related to fund custody business activities;
(10) To issue opinions on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund, stating that
State whether the operation of the fund manager in all important aspects is strictly in accordance with the provisions of the fund contract and the custody agreement;
If the fund manager fails to implement the provisions of the fund contract and the custody agreement, it shall also explain the fund custody
Whether the person has taken appropriate measures;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities not lower than
The minimum period stipulated by laws and regulations;
(12) Receive the register of fund unit holders from the fund manager or the registration institution entrusted by the fund manager;
(13) Prepare relevant account books as required and check with the fund manager;
(14) To pay fund income and
Redemption proceeds;
(15) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund unit holders in accordance with the law, or to cooperate with the fund manager and fund unit holders;
(16) Supervise the investment operation of the fund manager in accordance with laws and regulations, the fund contract and the custody agreement
Work;
(17) Participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and
Distribution;
(18) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And bank regulators, and notify the fund manager;
(19) In case of any loss of fund property due to violation of the fund contract and the custody agreement, it shall be liable for compensation,
Their liability for compensation shall not be exempted by their retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws, regulations and the Fund Contract,
When the Fund Manager causes losses to the Fund's assets due to violation of the Fund Agreement, it shall, for the benefit of the Fund Unitholders
Recovery by the fund manager;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and fund contract.
3、 Fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the fund contract
The fund investor becomes the fund share holder and the fund contract when he/she obtains the fund shares in accordance with the fund contract
The parties concerned until they no longer hold the fund shares of the Fund. Fund Unitholders as Parties to the Fund Contract
It is not necessary to sign or seal the fund contract in writing.
Each fund unit of the same category has the same legal rights and interests.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders
Including but not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Transfer or apply for redemption of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund service institution shall be harmed in accordance with
Legal action or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders
Including but not limited to:
(1) Carefully read and abide by the fund contract, prospectus and other information disclosure documents;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription funds and the fees prescribed by laws, regulations and the fund contract;
(5) It is limited to bear fund losses or terminate fund contracts within the scope of fund units held by it
Responsibility;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Comply with relevant transactions and businesses of the Fund Manager, Fund Custodian, Sales Agency and Registration Agency
Business rules;
(10) Provide the information required by the fund manager, fund custodian and regulatory authority according to law, and
Update and supplement from time to time, and guarantee its authenticity;
(11) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part VIII General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, who are legally authorized to act on their behalf
Form A has the right to attend meetings and vote on behalf of fund share holders. Each fund share holder of the same category
1. Fund units have equal voting rights.
The General Meeting of Fund Unitholders of the Fund has no daily body. During the duration of the Fund
The general meeting of fund share holders may set up a daily institution, and the establishment and operation of the daily institution shall
It shall be conducted in accordance with relevant laws and regulations and the provisions of the CSRC.
1、 Reason for convening
1. Unless otherwise stipulated by laws and regulations, regulatory authorities or
Unless otherwise agreed in the Fund Agreement, a general meeting of fund unit holders shall be held:
(1) Terminate the fund contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standard of the fund manager and the fund custodian or raise the sales service fee, but
Except that the laws and regulations require to adjust such remuneration standard or increase the sales service fee;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(11) Funds that individually or collectively hold more than 10% (including 10%) of the total fund shares
Unit holders (calculated on the basis of fund units on the day when the Fund Manager receives the proposal, the same below)
To request the convening of a general meeting of fund share holders;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) Holding of fund units shall be held as required by laws and regulations, fund contracts or other provisions of the CSRC
Matters of the General Meeting.
2. Without violating the provisions of laws and regulations and the provisions of the Fund Agreement, and without prejudice to the interests of fund share holders
Under the premise of material adverse effects, the following circumstances may be modified by the Fund Manager and the Fund Custodian after consultation:,
It is not necessary to convene a general meeting of fund share holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate of the Fund, lower the redemption rate or sales service fee, change the charging method
Adjust the setting of the fund unit category of the Fund;
(3) The Fund Contract shall be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment does not
Significant changes in the rights and obligations of the parties involved in the fund contract;
(5) Adjustment of fund subscription, subscription, redemption, conversion, non trading transfer, custody transfer and other businesses
Rules;
(6) Launch new business or service;
(7) Adjust the distribution principle of fund income;
(8) Adjust the calculation accuracy of the net value of fund units;
(9) Other circumstances under which it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the fund contract
Shape.
2、 Convener and convening method
1. Unless otherwise stipulated in laws and regulations or the fund contract, the general meeting of fund share holders shall be managed by the fund
The manager calls.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, it shall
It shall be convened by the Fund Custodian on its own and notified to the Fund Management within 60 days from the date of issuing the written decision
The Fund Manager shall cooperate.
4. Fund share holders representing more than 10% (including 10%) of the fund shares shall submit a written request on the same matter
A written proposal shall be submitted to the Fund Manager for convening a general meeting of Fund Unitholders. The Fund Manager shall
Decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the proposed fund units in writing
The holder's representative and the fund custodian. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; The Fund Manager decides not to convene the meeting, which represents the basis of more than 10% (including 10%) of the Fund shares
If the gold share holders still think it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. Fund Custody
People shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and inform the basis of the proposal in writing
Representatives of gold share holders and fund managers; If the Fund Custodian decides to convene the meeting, it shall issue a written decision
The Fund Manager shall be convened and notified within 60 days from the date of the announcement, and the Fund Manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request for a call on the same matter
If a general meeting of fund unit holders is held and neither the fund manager nor the fund custodian convenes it, it shall be held separately or jointly
The fund share holders with more than 10% (including 10%) of the fund shares in the table have the right to convene the meeting on their own and at least in advance
30 Daily report to China Securities Regulatory Commission for filing. Where a fund unit holder convenes a general meeting of fund unit holders on his own according to law,
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and right of the meeting
Registration date.
3、 Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund share holders, the convener shall, 30 days before the meeting
Notice. The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and proxy of the agent)
The time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to notify the meeting
The specific means of communication adopted by the National People's Congress of the Fund Unitholders, the entrusted notary authority and its copy
Method and contact person, deadline for sending and receiving written voting opinions.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund manager in writing separately
Go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall be separately
Inform the Fund Manager and the Fund Custodian in writing to go to the designated place to supervise the counting of votes. fund
If the manager or fund custodian refuses to send representatives to supervise the counting of votes, the voting opinions will not be affected
Vote counting effect of.
4、 Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders may be held by means of on-site meeting, communication meeting or laws, regulations and supervision
Other methods allowed by the institution shall be adopted, and the convening method of the meeting shall be determined by the convener. Fund Manager, Fund Manager
The Fund Custodian shall facilitate the Fund Unitholders to exercise their voting rights.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the on-site meeting as nonvoting delegates
If the Fund Manager or the Fund Custodian does not send representatives to attend the general meeting, the voting effect shall not be affected. On site opening
The agenda of the general meeting of Fund Unitholders may be held when the following conditions are met simultaneously:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund shares and the certificate of proxy voting authorization of the trustor comply with laws, regulations and fund contract
And the provisions of the notice of the meeting, and the vouchers for holding fund shares are consistent with the registration data held by the fund manager.
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that,
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date
1） . If the effective fund units represented by the participants on the equity registration date are less than the base of the Fund on the equity registration date
1/2 of the total fund units, the convener may hold the fund unit holders' meeting at 3
The General Meeting of Fund Unitholders shall be reconvened within six months after the expiration of six months on the matters originally scheduled for deliberation. Recall
The effective fund units represented by the participants of the general meeting of fund unit holders on the equity registration date shall not be less than
One third (including one third) of the total fund shares of the Fund on the equity registration date.
2. Communication meeting. Correspondence meeting means that the Fund Unitholders submit their votes on voting matters in writing
Form or other means specified in the announcement of the meeting shall be delivered to the address designated by the convener before the deadline for voting. through
The meeting shall vote in writing or in other ways specified in the notice of the meeting.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) After the convener of the meeting publishes the notice of the meeting as agreed in the fund contract, it shall publish the notice of the meeting within 2 working days
Prompting announcements shall be issued.
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener,
The fund manager) to the designated place to supervise the counting of written votes. The convener of the meeting is Zaiji
Under the supervision of the fund custodian (or the fund manager if the fund custodian is the convener) and the notary organ
Receive the written voting opinions of fund share holders in the manner specified in the notice of the meeting; Fund Custodian or Fund
If the administrator is notified not to participate in the collection of written voting opinions, the voting effect shall not be affected.
(3) If I directly issue a written opinion or authorize another representative to issue a written opinion
The fund shares held by someone shall not be less than half (including half) of the total fund shares on the equity registration date
1） ; If I directly issue written opinions or authorize others to issue written opinions on behalf of fund share holders
If the fund units held are less than half of the total fund units on the equity registration date, the convener may make an announcement in the original
Within 3 months and 6 months after the time of holding the general meeting of fund unit holders of
Convene a new general meeting of fund unit holders. The reconvened general meeting of fund unit holders shall have one-third of the representatives
One or more (including one third) of the fund share holders directly issue written opinions or authorize others to issue them on behalf
Written comments.
(4) Fund unit holders or entrusted representatives who directly issue written opinions in Item (3) above
The agent who gives written opinions, the certificate of holding fund units submitted at the same time, and the trustee who gives written opinions
The certificate issued by the agent that the principal holds fund shares and the certificate of proxy voting authorization of the principal
Comply with the provisions of laws and regulations, fund contract and meeting notice, and conform to the records of the registration authority.
3. With the permission of laws, regulations and regulatory authorities, the notice of the meeting states that the funds of the Fund
Unit holders may also authorize their agents to attend the general meeting of fund unit holders by other non written means. stay
In terms of the way of holding the meeting, the Fund can also adopt other off-site ways or on-site and off-site ways
The general meeting of fund share holders shall be held in a combined manner, and the meeting procedures shall be in accordance with on-site meetings and communication methods
The procedure of. Fund share holders or their agents may use written, online, telephone or other means
The specific method of voting shall be determined by the convener of the meeting and listed in the notice of the meeting.
5、 Discussion content and procedure
1. Discussion content and proposal right
The contents of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the fund contract
Decide to terminate the fund contract, change the fund manager, change the fund custodian, merge with other funds
Other matters stipulated in the laws and regulations and the fund contract, as well as the convener of the meeting deems it necessary to submit to the fund unit holders
Other matters discussed at the meeting.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall
It shall be announced in time before the general meeting of fund share holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine and publish
The supervisor shall then read out the proposal by the presider of the meeting, vote after discussion, and form the resolution of the meeting.
The presider of the meeting is the representative authorized by the fund manager to attend the meeting, but the authorized representative of the fund manager fails to preside
In the case of a general meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If authorized by the Fund Manager
If neither the representative nor the authorized representative of the Fund Custodian can preside over the meeting, the Fund Unitholders and
More than half (including half) of the voting rights held by the agent shall elect a fund share holder
As the host of the Fund Unitholders' Meeting. The Fund Manager and the Fund Custodian refuse to attend or
The General Meeting of Fund Unitholders shall not affect the validity of the resolutions made at the General Meeting of Fund Unitholders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and principals
Name (or unit name) and contact information.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the organ.
6、 Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. General resolution, which shall be subject to the form held by the fund share holders or their agents attending the meeting
More than half (including half) of the voting rights are valid only after passing; Except as provided in the second item below
Matters other than those passed by special resolution shall be passed by general resolution.
2. Special resolution, which shall be held by fund share holders or their agents attending the meeting
It can be made only after being approved by more than two-thirds (including two-thirds) of the voting rights. Unless otherwise agreed in the fund contract,
Change the operation mode of the fund, change the fund manager or fund custodian, terminate the fund contract
The merger of other funds shall be effective only when a special resolution is passed.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary when counting votes, submit
The voting for confirming the investor's identity document in accordance with the provisions of the notice of the meeting shall be deemed as effective attendance of investors
Written voting opinions conforming to the provisions of the notice of meeting shall be deemed as valid voting, and the voting opinions are ambiguous or contradictory
The fund share represented by the fund share holder who issued the written opinion shall be counted as abstention from voting
total.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
7、 Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the General Assembly is based on
Although the fund share holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund management
If the Manager or Fund Custodian fails to attend the meeting, the chairperson of the meeting of Fund Unitholders shall be present at the beginning of the meeting
Later, it was announced that three representatives of fund share holders were elected among the fund share holders present at the meeting to supervise the votes
People. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has any concerns about the voting results submitted
In case of doubt, the number of votes required can be counted again immediately after the announcement of the voting results. The scrutineer shall
Re inventory is limited to one time. After re counting, the presider of the meeting shall announce the re counting on the spot
Point results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the general meeting are in the fund
Supervised by the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
The counting process shall be notarized by the notary office. The Fund Manager or the Fund Custodian refuses to appoint a representative
If the voting table supervises the counting of written voting opinions, it shall not affect the counting and voting results.
8、 Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC within 5 days from the date of adoption
keep on record.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If using
Vote by means of communication. When announcing the resolution of the general meeting of fund share holders, the full text of the notarial certificate
The name of the certification authority and the notary shall be announced together.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective Fund Unitholders
General Assembly resolutions. Effective resolution of the general meeting of fund unit holders on the management of all fund unit holders and funds
Both the trustee and the fund trustee are binding.
9、 Special agreement of the general meeting of fund share holders during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the proportion of relevant fund units or voting rights refers to the holders of main pocket units
The fund shares or voting rights held or represented by and side pocket unit holders respectively conform to such proportion, but if relevant
If the matters to be convened and deliberated at the general meeting of fund share holders do not involve side pocket accounts, they only refer to the main pocket share holders
The fund shares or voting rights held or represented by the Company meet these proportions:
1. The Fund Unitholders need to exercise the right to propose, convene and nominate on behalf of the relevant individual or aggregate representatives
More than 10% (including 10%) of fund shares;
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than that of the Fund in Quanyideng
One half (including one half) of the relevant fund shares on the record date;
3. Fund units that directly issue voting opinions or authorize others to issue voting opinions in correspondence meetings
The fund units held by the holder shall not be less than half (including half) of the relevant fund units on the equity registration date
One);
4. The fund units held by the fund unit holders who participate in the voting of the fund unit holders' meeting are small
One half of the relevant fund units on the equity registration date, and the fund unit holders originally announced by the convener
Fund unit holdings reconvened within 6 months and 3 months after the date of the meeting
The National People's Congress shall have holders representing more than one-third (including one-third) of the relevant fund units participate in or grant
To authorize others to vote at the general meeting of fund share holders;
5. More than 50% of the voting rights of fund share holders and proxies attending the meeting
(50% included) elect a Fund Unitholder as the chairperson of the Fund Unitholder Meeting;
6. General resolutions shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
More than one half (including one half) passed;
7. The special resolution shall be subject to three votes held by the fund share holders or their agents attending the meeting
More than two thirds (including two thirds) passed.
Each fund share in the same main side pocket account has equal voting rights.
10、 This part deals with the causes, conditions, procedures and voting of the general meeting of fund share holders
Conditions and other provisions, which directly refer to the laws and regulations, such as the relevant contents caused by the revision of laws and regulations in the future
In case of cancellation or change, the fund manager can directly modify and adjust the content of this part after making an announcement in advance,
It is unnecessary to convene a general meeting of fund share holders for deliberation.
Part IX Conditions and Procedures for Replacement of Fund Manager and Fund Custodian
1、 Termination of duties of the Fund Manager and the Fund Custodian
1. Termination of the Fund Manager's duties
Under any of the following circumstances, the duties of the fund manager shall be terminated:
(1) Having been disqualified from fund management according to law;
(2) Dismissed by the general meeting of fund unit holders;
(3) It is dissolved, canceled or declared bankrupt according to law;
(4) Other circumstances stipulated by laws and regulations, the CSRC and the Fund Contract.
2. Circumstances of termination of the Fund Custodian's duties
Under any of the following circumstances, the duties of the Fund Custodian shall be terminated:
(1) The fund custody qualification is canceled according to law;
(2) Dismissed by the general meeting of fund unit holders;
(3) It is dissolved, canceled or declared bankrupt according to law;
(4) Other circumstances stipulated by laws and regulations, the CSRC and the Fund Contract.
2、 Procedures for replacement of the Fund Manager and the Fund Custodian
1. Replacement procedure of fund manager
(1) Nomination: The new Fund Manager is held by the Fund Custodian or by more than 10% (including
10%) Nomination of fund unit holders of fund units;
(2) Resolution: The General Meeting of Fund Unitholders shall, within 6 months after the termination of the duties of the Fund Manager
Of fund managers form a resolution, which is subject to the voting rights held by fund share holders attending the meeting
More than two thirds (including two thirds) of the votes are passed, and the resolution shall come into force as of the date of voting;
(3) Temporary Fund Manager: The CSRC shall designate a temporary fund manager before the new fund manager is appointed
Fund manager;
(4) Filing: the resolution of the general meeting of fund share holders to change the fund manager must be reported to the CSRC for filing
Case;
(5) Announcement: After the replacement of the Fund Manager, the Fund Custodian shall replace the Fund Manager's shares of the Fund
The resolution of the general meeting of shareholders shall be announced in the specified media within 2 days after it takes effect;
(6) Handover: If the responsibilities of the fund manager are terminated, the fund manager shall properly keep the fund management business
And timely handle the transfer procedures of fund management business to the temporary fund manager or the new fund manager,
The temporary fund manager or the new fund manager shall take over in a timely manner. Temporary fund manager or new fund manager
The person shall check the total value and net value of the fund assets with the fund custodian;
(7) Audit: if the duties of the fund manager are terminated, the fund manager shall employ an accounting firm in accordance with laws and regulations
The financial office shall audit the fund assets, announce the audit results, and report to the CSRC for filing and review
The charge shall be borne by the fund property;
(8) Change of fund name: after the replacement of the fund manager, if the original or new fund manager requires,
The name words related to the original fund manager in the fund name shall be replaced or deleted as required.
2. Procedures for replacing the Fund Custodian
(1) Nomination: The new Fund Custodian is held by the Fund Manager or more than 10% (including
10%) Nomination of fund unit holders of fund units;
(2) Resolution: The General Meeting of Fund Unitholders shall, within 6 months after the termination of the duties of the Fund Custodian
The Fund Custodian shall form a resolution, which shall be subject to the voting rights held by the Fund Unitholders attending the meeting
More than two thirds (including two thirds) of the votes are passed, and the resolution shall come into force as of the date of voting;
(3) Temporary Fund Custodian: Before the new Fund Custodian is appointed, the CSRC shall appoint a temporary fund custodian
Fund custodian;
(4) Filing: the resolution of the general meeting of fund share holders to change the fund custodian must be reported to the CSRC for filing
Case;
(5) Announcement: After the replacement of the Fund Custodian, the Fund Manager shall change the Fund shares of the Fund Custodian
The resolution of the general meeting of shareholders shall be announced in the specified media within 2 days after it takes effect;
(6) Handover: If the duties of the Fund Custodian are terminated, the Fund Custodian shall properly keep the Fund assets and
Information on fund custody business, timely handling of fund assets and funds with the new fund custodian or temporary fund custodian
The new Fund Custodian or the temporary Fund Custodian shall take over the handover procedures of the fund custody business in a timely manner. new
The fund custodian or temporary fund custodian shall check the total value and net value of the fund assets with the fund manager;
(7) Audit: If the duties of the Fund Custodian are terminated, an accounting firm shall be employed in accordance with laws and regulations
The financial office shall audit the fund assets, announce the audit results, and report to the CSRC for filing and review
The charge shall be borne by the fund property.
3. Conditions and procedures for simultaneous replacement of the Fund Manager and the Fund Custodian
(1) Nomination: if the Fund Manager and the Fund Custodian change at the same time
Fund share holders with more than 10% (including 10%) of the total fund shares nominate new fund managers and fund trusts
Managing people;
(2) The replacement of the Fund Manager and the Fund Custodian shall be carried out in accordance with the above procedures respectively;
(3) Announcement: The new Fund Manager and the new Fund Custodian shall change the Fund Manager and the Fund
The resolution of the general meeting of fund unit holders of the custodian shall be jointly announced on the specified media within 2 days after it takes effect.
4. New Fund Manager Accepts Fund Management or New Fund Custodian Accepts Fund Property and Fund Custody Industry
Before service, the original fund manager or the original fund custodian shall continue to perform relevant duties and ensure that it will not make any
The act of harming the interests of unit holders. The original fund manager or the original fund custodian continues to perform
During the period of his/her duties, he/she shall still have the right to collect fund management fees or fund custody fees in accordance with the provisions of this Fund Contract.
3、 The provisions of this Part on the conditions and procedures for the replacement of the Fund Manager and the Fund Custodian
For the part of reference to laws and regulations, if the relevant content is cancelled or changed due to the modification of laws and regulations in the future
The Manager and the Fund Custodian may directly modify and adjust the corresponding contents after reaching consensus and making an announcement in advance,
It is unnecessary to convene a general meeting of fund share holders for deliberation.
Part X Custody of the Fund
The Fund Custodian and the Fund Manager enter into a trust agreement in accordance with the Fund Law, the Fund Contract and other relevant provisions
The management agreement and fund custody matters shall be subject to the custody agreement.
The purpose of entering into the custody agreement is to clarify the protection of fund assets between the fund custodian and the fund manager
Rights in management, investment operation, net value calculation, income distribution, information disclosure, mutual supervision and other related matters
Obligations and responsibilities to ensure the safety of fund assets and protect the legitimate rights and interests of fund share holders.
Part XI Registration of Fund Units
1、 Registration business of fund units
The registration business of the Fund refers to the registration, custody, transfer, clearing and settlement business of the Fund
Including establishment and management of investor's fund account, registration of fund shares, confirmation and liquidation of fund sales business
And clearing, distributing dividends on behalf of others, establishing and keeping the register of fund share holders and handling non trading transfer.
2、 Fund registration business handling agency
The registration business of the Fund is conducted by the Fund Manager or other qualified institutions entrusted by the Fund Manager
Handling. If the Fund Manager entrusts other institutions to handle the registration business of the Fund, it shall sign an entrustment agreement with the agent
Management agreement to clarify the fund manager and agency's management of the investor's fund account, fund share registration
Liquidation and fund transaction confirmation, dividend distribution, establishment and custody of the register of fund share holders and handling of non transactions
To protect the legitimate rights and interests of fund share holders.
3、 Rights of the Fund Registrar
The fund registration authority has the following rights:
1. Registration fee;
2. Establish and manage investor fund accounts;
3. To keep account opening information, transaction information and register of fund unit holders;
4. Within the scope permitted by laws and regulations, the time for handling registration business shall be adjusted, and
The relevant regulations shall be announced on the specified media before implementation;
5. Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
4、 Obligations of the Fund Registrar
The fund registration authority shall undertake the following obligations:
1. Allocate enough professionals to handle the registration business of the Fund units;
2. Carry out the registration business of the Fund units in strict accordance with the laws and regulations and the conditions specified in the Fund Contract;
3. Properly keep the registration data, and specify the name, identity information and fund units of fund unit holders
The detailed data shall be backed up to the institution recognized by the CSRC, and its storage period shall not start from the date of cancellation of the fund account
Less than 20 years;
4. Having the obligation to keep confidential the fund account information of the fund share holder
Investors or funds shall bear corresponding compensation liability for losses incurred, but judicial compulsory inspection and laws
Other circumstances stipulated by laws and regulations, the CSRC and the fund contract are excluded;
5. Handle non trading transfer business and provide other services for investors according to the fund contract and prospectus
Necessary services;
6. Accept the supervision of the fund manager;
7. Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part XII Investment of the Fund
1、 Investment objectives
Under the premise of strictly controlling portfolio risk and maintaining good liquidity, focus on investment in domestic demand value theme
Relevant high-quality listed companies strive to achieve long-term stable appreciation of fund assets.
2、 Investment scope
The investment objects of the Fund are financial instruments with good liquidity, including those issued and listed in China according to law
Stocks (including SME board, GEM and other stocks approved by the CSRC for listing), depositary receipts
Stock listed on the Stock Exchange of Hong Kong allowed to be traded under the trading interconnection mechanism between the mainland and Hong Kong stock markets
(Hereinafter referred to as "Hong Kong Stock Standard Shares"), bonds (including national debt, central bank bills, local government bonds
Long term financing bonds, ultra short term financing bonds, medium-term notes, financial bonds, corporate bonds, corporate bonds, and corporate development
Subordinated bonds, convertible corporate bonds (including separable trading convertible bonds), exchangeable corporate bonds, etc
Industry backed securities, bond repurchase, bank deposits, inter-bank certificates of deposit, money market instruments, stock index futures, national debt
Futures, stock options and other financial instruments permitted by laws and regulations or the CSRC to be invested by the Fund (provided that
In accordance with 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 shall perform appropriate
After the procedure, it can be included in the scope of investment.
The proportion of investment in the Fund's shares and depositary receipts in the Fund's assets is 60% – 95% (including investment in Hong Kong
The proportion of shares in the general target stock does not exceed 50% of the stock assets), and the Fund's investment is related to the theme of domestic demand value
The proportion of securities shall not be less than 80% of non cash fund assets. At the end of each trading day, stock index futures contracts
After the trading margin required to be paid for treasury bond futures contracts and stock option contracts, the cash or maturity date is less than
The government bonds within the fund shall not be less than 5% of the net asset value of the fund, of which cash does not include settlement provisions and deposits
Margin, subscription receivable, etc.
The investment proportion of stock index futures, treasury bond futures and stock options shall be in accordance with laws and regulations or the provisions of regulatory authorities
Execution. If laws and regulations or the CSRC change the investment proportion limit of investment varieties, the fund manager shall
After performing appropriate procedures, the investment proportion of the above investment varieties may be adjusted.
3、 Investment strategy
1. Asset allocation strategy
The Fund studies and judges from the macroeconomic environment and the trend of the securities market, taking into account the
Risk return level, dynamically adjust the allocation ratio of stocks, bonds, money market instruments and other assets, and optimize investment
Portfolio.
2. Stock investment strategy
The Fund relies on the investment research platform of the Fund Manager to share China's domestic demand growth and economic transformation
The industry investment income brought by, and strive to tap the listed companies with excellent quality and long-term value growth potential.
The strategy of combining quantitative and qualitative analysis is adopted for stock investment.
(1) Definition of the theme of domestic demand value
The "domestic demand value theme" of the Fund refers to the expansion from the country under the current environment of domestic economic development
Relevant industries that benefit from domestic demand promoting economic growth and structural adjustment are mainly divided into those that benefit from domestic consumption growth
Domestic demand investment related industries, and enterprises with value growth as the core.
1) Industries benefiting from the growth of domestic consumption demand: with the development of national economy and disposable income of residents
The increase of direct consumption will bring income growth of relevant industries, and provide main consumption for domestic consumers
The industry of fee goods and services will benefit from it. Specifically, it includes agriculture, forestry, animal husbandry and fishery, transportation equipment, household appliances
Food and beverage, textile and clothing, light industry manufacturing, medicine and biology, public utilities, transportation, real estate, gold
Financial services, commercial trade, catering tourism and information services.
2) Industries benefiting from the growth of domestic investment demand: with the rapid growth of domestic consumption
The related upstream industries will be upgraded to provide better basic support for the industries that benefit from consumption.
Specifically, it includes mining, chemical industry, ferrous metals, nonferrous metals, building materials, machinery and equipment, electronics
Components and information equipment, etc.
3) The Fund will review the growth indicators, financial indicators and estimates that reflect the quality and growth potential of listed companies
Value indicators are used for quantitative analysis to select individual stocks with growth advantages, financial advantages and valuation advantages.
A、 Growth indicators: operating profit growth rate, net profit growth rate and revenue growth rate;
B、 Financial indicators: gross profit rate, operating profit rate, return on net assets, net profit rate, net operating activity
Total income/profit, etc;
C、 Valuation indicators: price earnings ratio (PE), price earnings ratio relative to earnings growth ratio (PEG), market sales ratio (PS)
And total market value.
(2) Industry configuration strategy
It is a general trend for China's economy to shift from export orientation to domestic demand promotion. In this process, Chinese residents
The entry level continues to improve, and domestic demand related industries all benefit from this economic development trend. The Fund will
The change trend of the structure needs to be tracked and analyzed to constantly explore investment opportunities in various industries.
(3) Individual stock investment strategy
The Fund will use the reasonable price growth investment strategy of "value oriented, growth oriented" to determine the specific
Stock selection criteria. This strategy comprehensively considers the growth potential of listed companies by establishing a unified value evaluation framework
And market valuation levels to find stocks with growth potential and reasonable or undervalued prices.
The fund manager will focus on
Asset quality, profitability, solvency, cost control, future growth and equity of listed companies
Return rate and relative value; By using the (qualitative) quality evaluation model of listed companies, we focus on
Note: Corporate governance structure, team management ability, core competitiveness, industry status, R&D of listed companies
Ability, the company's historical performance and business strategy.
(4) Stock investment strategy of Hong Kong Stock General Standard
The Fund may invest in the Hong Kong stock market through the trading interconnection mechanism between the mainland and the Hong Kong stock market.
The Fund will follow the investment strategy of stocks related to the above domestic demand growth theme, and give priority to healthy fundamentals and performance
The stocks of Hong Kong Stock Standard with greater upward flexibility and valuation advantages are included in the Fund's stock portfolio.
3. Investment strategy of depositary receipts
The strategy of the Fund to invest in depositary receipts shall be implemented in accordance with the above stock investment strategy for domestic listing.
4. Bond investment strategy
Security and liquidity are the main concerns of the Fund when investing in bonds. Through in-depth distribution, the Fund
Analysis of macroeconomic data, monetary policy and interest rate trends, as well as yield levels of different categories
Considering factors such as liquidity and credit risk, construct a portfolio of bonds and money market instruments that can provide stable returns.
The Fund's investment in convertible corporate bonds and exchangeable corporate bonds will be based on the following three aspects of analysis:
Value analysis, debt equity analysis and company fundamentals analysis. Through the above analysis, we strive to select the bond value of
Invest in varieties with certain support, good security and liquidity, and good growth of the issuer.
5. Derivatives investment strategy
The derivatives investment of the Fund will strictly comply with the restrictions of the CSRC and relevant laws and regulations, with reasonable profits
Use stock index futures, treasury bond futures, stock options and other derivatives to explore possible arbitrage opportunities using quantitative methods
meeting. The investment principle is conducive to the appreciation of fund assets, control of downside risks, and realization of value preservation and income locking.
(1) Investment strategy of stock index futures
For the purpose of hedging, the Fund prudently and appropriately participates in stock index futures on the premise of risk control
investment. The Fund will analyze the profitability, liquidity and risk of stock index futures when investing in stock index futures
Characteristics, mainly choose the futures contracts with good liquidity and active trading, and through the research on the distribution of spot and futures markets
Expand the trend, use the pricing model to reasonably value it, prudently use the stock index futures to adjust the
Risk exposure, timely adjust the portfolio position to reduce portfolio risk and improve the operational efficiency of the portfolio.
(2) Investment strategy of treasury bond futures
As a kind of interest rate derivatives, treasury bond futures can help manage the duration, liquidity and risk of bond portfolio
Risk level. For the purpose of hedging, the fund manager, by building a quantitative analysis system
Cash basis, liquidity of treasury bond futures, implied volatility level, stability of hedging and other indicators
Track and monitor, and strive to achieve long-term stability of fund assets on the basis of ensuring the safety of fund assets to the greatest extent
Fixed value added.
(3) Stock Option Investment Strategy
In accordance with the principle of risk management, the Fund focuses on hedging under the premise of strict risk control
The purpose is to select the option contract with good liquidity and reasonable valuation for investment in combination with the option pricing model. Base
Jin will combine investment objectives, proportion restrictions, risk return characteristics and relevant restrictions and requirements of laws and regulations,
Determine the investment opportunity and investment proportion of participating in stock option trading.
If laws and regulations or regulatory authorities allow this type of fund to invest in other derivative financial instruments in the future
The manager may include it into the scope of investment after performing appropriate procedures. The Fund's investment in derivative financial instruments
The main purpose is to improve the overall income of the portfolio. The Fund will, on the premise of effective risk management
Through the research on the target varieties, invest cautiously.
6. Asset backed securities investment strategy
Asset backed securities mainly include asset-backed securities (ABS) and residential mortgage loan support
Securities (MBS) and other securities. The Fund will focus on the market interest rate, terms of issue
Composition and quality, prepayment rate, risk compensation income and market liquidity affect the value of asset-backed securities
And use quantitative pricing model to evaluate the relative investment price of asset-backed securities
And make corresponding investment decisions.
4、 Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The Fund's investment in shares and depositary receipts accounts for 60% – 95% of the Fund's assets (including
The proportion of shares invested in Hong Kong Stock Standard shall not exceed 50% of stock assets
The proportion of relevant securities shall not be less than 80% of non cash fund assets;
(2) At the end of each trading day, the Fund deducts stock index futures contracts, treasury bond futures contracts and stock futures
After the transaction margin required to be paid for the rights contract, it shall be kept no less than 5% of the net asset value of the fund in cash or until
Government bonds with a maturity of less than one year, of which cash does not include provisions for settlement, deposits and receivables
Subscription amount, etc;
(3) The market value of securities (including depositary receipts) issued by a company held by the Fund (the same company
A+H shares listed simultaneously by the company in the domestic and Hong Kong markets shall not exceed 10% of the net asset value of the fund;
(4) All funds managed by the Fund Manager hold securities issued by a company (including depositary receipts,
A+H shares of the same company listed in the domestic and Hong Kong markets), not more than
10％；
(5) 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;
(6) The market value of all asset-backed securities held by the Fund shall not exceed the net asset value of the Fund
20％；
(7) 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;
(8) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(9) 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
All of them will be sold within 3 months from the date of release of the level report;
(10) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(11) 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 gold, and the maximum term of bond repo in the national inter-bank market is one year,
No extension is allowed after the maturity of bond repurchase;
(12) The Fund's participation in the trading of stock index futures and treasury bond futures shall comply with the following investment proportion restrictions:
1) At the end of any trading day, the value of the stock index futures contracts purchased held shall not exceed the fund assets
10% of net worth;
2) At the end of any trading day, the value of purchased stock index futures and treasury bond futures contracts and securities held
The sum of the market value of securities shall not exceed 95% of the net asset value of the fund, of which, securities refer to stocks (including depositary receipts
Securities), bonds (excluding government bonds with a maturity of less than one year), asset-backed securities, redemptory finance for sale
Assets (excluding pledge repurchase), etc;
3) At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed
20% of the total market value of shares (including depositary receipts);
4) The trading amount of stock index futures contracts traded (excluding closing positions) in any trading day shall not exceed
20% of the net asset value of the Fund on the previous trading day;
5) The market value of stocks (including depositary receipts) held by the Fund and the value of stock index futures contracts bought and sold,
The total (offset calculation) shall comply with the relevant provisions of the fund contract on the investment proportion of stocks and depositary receipts;
Market value of bonds held by the Fund (excluding government bonds with a maturity of less than one year) and countries of purchase and sale
The total value of bond futures contracts (netting calculation) shall comply with the relevant provisions of the fund contract on the proportion of bond investment
appointment;
6) At the end of any trading day, the value of treasury bond futures contracts held shall not exceed the fund assets
15% of net worth;
7) At the end of any trading day, the value of the futures contracts for selling treasury bonds held by the Fund shall not exceed the value of the futures contracts for selling treasury bonds held by the Fund
30% of the total market value of bonds;
8) The trading amount of treasury bond futures contracts traded (excluding closing positions) in any trading day shall not exceed
30% of the net asset value of the Fund on the previous trading day;
(13) The Fund's participation in stock option trading shall comply with the following investment proportion restrictions:
1) The total amount of premium paid and received by the Fund due to open position option contracts shall not exceed the fund assets
10% of net worth;
2) Where the Fund opens positions to sell call options, it shall hold sufficient underlying securities; Open put option
Should hold the full amount of cash required for contract exercise or the cash that can be offset against the option margin recognized by the rules of the Exchange
Gold equivalents;
3) The par value of the option contracts with open positions of the Fund shall not exceed 20% of the net asset value of the Fund. Wherein
The nominal value is calculated by multiplying the exercise price by the contract multiplier;
(14) The total assets of the Fund shall not exceed 140% of the net assets of the Fund;
(15) All open-ended funds managed by the Fund Manager (including open-ended funds and open funds
Holding tradable shares issued by a listed company, not exceeding
15% of outstanding shares; All investment portfolios managed by the Fund Manager hold the shares issued by a listed company
The number of tradable shares shall not exceed 30% of the tradable shares of the listed company;
(16) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the fund contract
bring into correspondence with;
(17) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net asset value of the Fund
15%. Due to fluctuations in securities and futures markets, suspension of listed company shares, changes in fund size, etc
If the Fund does not meet the proportion limit specified in the preceding paragraph due to factors other than the Manager, the Fund Manager shall not be the winner
Investment in newly increased liquidity restricted assets;
(18) Other investment proportion restrictions stipulated by laws and regulations and the CSRC.
Except for items (2), (9), (16) and (17)
In addition, the fund investment proportion does not meet the above requirements due to factors other than the fund manager, such as fund size changes
The fund manager shall make adjustment within 10 trading days in case of capital ratio, but
Except in special circumstances.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall comply with
The Fund Agreement. The Fund Custodian's supervision and inspection of the Fund's investment has taken effect since the Fund Agreement came into force
Starting from. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Laws and regulations or regulatory authorities cancel or adjust the above restrictions. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or in accordance with the adjusted provisions. Such as this
The Fund shall increase its investment varieties, and the investment restrictions shall be subject to the laws and regulations and the provisions of the CSRC.
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, unless 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.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the controller or a company with a significant stake in it or securities underwritten during the underwriting period, or
Those engaged in other major related party transactions shall comply with the Fund's investment objectives and investment strategies, and follow the Fund's
The principle of giving priority to the interests of share holders, preventing conflicts of interest, establishing and improving the internal approval mechanism and evaluation mechanism,
Implement according to fair and reasonable market price. Relevant transactions must be approved by the Fund Custodian in advance, and
The laws and regulations are disclosed. Major related party transactions shall be submitted to the Board of Directors of the Fund Manager for review, and two thirds of them shall pass
The above independent directors passed. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
If laws, administrative regulations or regulatory authorities cancel or adjust the above prohibitive provisions, if applicable to the Fund,
The Fund Manager may, after performing the appropriate procedures, not be restricted by the above provisions or follow the adjusted provisions.
5、 Performance Benchmark
CSI 300 index yield × 65%+Hang Seng index yield × 10%+China Bond composite index yield
×25%
The CSI 300 Index is compiled by China Securities Index Corporation, which is selected from the Shanghai and Shenzhen stock markets
It is compiled from a sample of 300 A-share stocks with large scale and good popularity as constituent stocks,
It has good market representation.
The Hang Seng Index is compiled by Hang Seng Index Services Limited and listed on 50 Hong Kong stock markets
The stock is a sample of constituent stocks. The weighted average stock price index weighted by its issuance reflects the price of the Hong Kong stock market
The stock index with the most influential amplitude trend.
The China Bond Composite Index is prepared by the Central Government Securities Depository and Clearing Co., Ltd. and covers the range of sample bonds
Comprehensive, with broad market representation, covering major trading markets (inter-bank market, exchange market, etc.)
Different issuers (governments, enterprises, etc.) and terms (long-term, medium-term, short-term, etc.) can effectively counter
It reflects the overall price level and change trend of China's bond market, and has a good representation of the bond market.
If the laws and regulations change in the future or the market changes so that this performance benchmark is no longer applicable,
Or there may be more authoritative performance benchmarks in the market that can better characterize the risk return characteristics of the Fund,
Then the Fund Manager will adjust the performance comparison of the Fund after consultation with the Fund Custodian as appropriate
The benchmark shall be reported to the CSRC for filing and announced in a timely manner, but it is not necessary to convene a general meeting of fund share holders.
6、 Risk return characteristics
The Fund is a hybrid fund with higher expected risks and returns than bond funds and money market funds,
Lower than equity funds.
If the Fund invests in Hong Kong Stock Connect, it shall undertake the investment environment and investment target under the Hong Kong Stock Connect mechanism
The unique risks brought by differences in market system, trading rules, etc.
7、 Principles and methods for the Fund Manager to exercise the rights of shareholders or creditors on behalf of the Fund
1. The Fund Manager shall independently exercise the rights of shareholders or creditors on behalf of the Fund in accordance with the relevant provisions of the State, and ensure that
Protect the interests of fund share holders;
2. Do not seek to control the listed company;
3. It is conducive to the safety and appreciation of fund assets;
4. Not for itself, employees, authorized agents or any interested third party through connected transactions
People seek any improper benefits.
8、 Implementation and investment operation arrangement of side pocket mechanism
When the fund holds specific assets and there are or potential large redemption applications, protect the fund according to the maximum
The Fund Manager and the Fund Custodian have reached an agreement on the principle of the interests of unit holders and consulted the accounting firm
After the opinion of the Firm, the side pocket mechanism can be used in accordance with laws and regulations and the fund contract.
During the implementation of the side pocket mechanism, the agreed portfolio proportion, investment strategy, portfolio restrictions
The performance comparison benchmark, risk return characteristics and other agreements are only applicable to the main bag account.
Implementation conditions, implementation procedures, operation arrangements, investment arrangements and disposal changes of specific assets of side pocket accounts
See the provisions of the Prospectus for details of matters such as cash and payments that have a significant impact on investors' rights and interests.
Part XIII Assets of the Fund
1、 Total Fund Assets
The total value of fund assets refers to all kinds of securities owned by the fund, principal and interest of bank deposits, fund receivables and
The total value of other assets.
2、 Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
3、 Account of fund property
The Fund Custodian shall open capital accounts and securities accounts for the Fund in accordance with relevant laws, regulations and normative documents
And other special accounts required for investment. Special fund account opened, fund manager and fund custody
The property accounts owned by the person, fund sales agency and registration agency and other fund property accounts are independent.
4、 Custody and disposal of fund assets
The assets of the Fund are independent of the assets of the Fund Manager, the Fund Custodian and the Fund Sales Agency, and
Custody by the gold custodian. The Fund Manager, the Fund Custodian, the Fund Registration Agency and the Fund Sales Agency shall
Some assets bear their own legal liabilities, and their creditors shall not apply for freezing or withholding of the Fund's assets
Pledge or other rights. The Fund property may not be disposed of except in accordance with laws and regulations and the Fund Contract.
The Fund Manager and the Fund Custodian were dissolved, dissolved or declared bankrupt according to law
In case of liquidation, the fund assets shall not belong to its liquidation assets. Assets of fund manager management and operation fund assets
The generated creditor's rights may not offset the debts generated by its inherent assets; Different bases for fund manager management and operation
The creditor's rights and liabilities arising from the fund assets of the fund shall not offset each other. Liabilities not due to the fund property itself,
It shall not enforce the fund assets.
Part XIV Valuation of Fund Assets
1、 Valuation date
The valuation date of the Fund is the trading date of the relevant securities and futures trading places of the Fund and national laws
The non trading day on which the laws and regulations require the disclosure of the net value of the fund.
2、 Valuation object
Stocks, depositary receipts, stock index futures contracts, treasury bond futures contracts, stock options contracts owned by the Fund
Assets and liabilities such as bonds, principal and interest of bank deposits, receivables, other investments, etc.
3、 Valuation principles
When determining the fair value of relevant financial assets and financial liabilities, the Fund Manager shall comply with
Accounting Standards and relevant regulations of regulatory authorities.
（1） For investment varieties with an active market and the same quoted price of assets or liabilities
If there is a quotation on a daily basis, the quotation shall be applied to the fund without adjustment, except for the exceptions specified in the accounting standards
Fair value measurement of assets or liabilities. There is no quotation on the valuation date and there is no impact on fair value measurement after the latest trading day
In case of major events, the quoted price on the latest trading day shall be used to determine the fair value. There is sufficient evidence to indicate the valuation
If the quoted price on the latest trading day cannot truly reflect the fair value, the quoted price shall be adjusted to determine the fair value
Value.
The fair value of the same assets or liabilities shall be used if they are the same as the above investment varieties but have different characteristics
And consider the influence of different characteristic factors in the valuation technology. Feature refers to the sale or use of assets
If the limit is for the asset holder, the limit should not be made in the valuation technology
Consider the characteristics. In addition, the fund manager should not consider the risk of
Premium or discount.
（2） For investment varieties that do not have an active market, they should be suitable for the current situation and have enough
The fair value can be determined by using valuation techniques supported by data and other information. Use valuation techniques to determine fair price
The observable input value should be used preferentially, only when the observable input value of relevant assets or liabilities cannot be obtained
The unobservable input value can be used only when it is impracticable.
（3） In case of major changes in the economic environment or major events affecting the securities price of the securities issuer,
If the impact of the potential valuation adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%, the valuation should be
Adjust and determine the fair value.
4、 Valuation method
The investment varieties held by the Fund shall be valued according to the following principles:
1. Valuation of securities listed on stock exchanges
For the securities (including stocks) listed on the stock exchange, the market listed on the stock exchange on its valuation date
Price (closing price) valuation; There is no transaction on the valuation date, and the economic environment has not changed significantly since the most recent transaction date
Or if the securities issuer has no major event that affects the securities price, the market price (closing price
Valuation; If the economic environment has changed significantly after the recent trading day or the securities issuer has affected the certificate
In case of major events of bond price, the current market price and major change factors of similar investment varieties can be referred to to adjust
The fair price is determined near the market price.
2. Valuation of fixed income varieties traded in the exchange market
(1) Non equity fixed income varieties listed on the exchange market or transferred by listing (otherwise specified
Except for), select the net valuation price of the corresponding varieties provided by the third-party valuation agency on the current day.
(2) For the fixed income variety with rights listed on the exchange or transferred by listing, the third option on the valuation date shall be selected
The only net valuation price or the recommended net valuation price of the corresponding variety provided by the valuation agency on the current day shall be used for valuation.
(3) For convertible bonds listed and traded in the exchange market, the daily closing price shall be taken as the valuation value
Price.
(4) The fair value of the securities listed on the Exchange without an active market shall be determined by valuation techniques.
For asset-backed securities listed and transferred in the exchange market, valuation techniques are used when there is no active market on the valuation date
To determine its fair value for valuation. If the cost can approximately reflect the fair value, the above should be continuously evaluated
The appropriateness of the law, and make appropriate adjustments when the situation changes.
(5) For unlisted or unlisted bonds issued in the exchange market
Under such circumstances, the unadjusted quotation in the active market shall be taken as the fair value on the valuation date; For active markets
If the quotation fails to represent the fair value on the valuation date, the market quotation shall be adjusted to confirm the
Fair value; In the case of no or few market activities, valuation techniques should be used to determine
Its fair value.
3. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The new shares issued for stock dividend, conversion, allotment and public issuance shall be listed on the stock exchange on the valuation date
The valuation method of the same stock; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for valuation;
(2) For the initial public offering of unlisted stocks and bonds, the fair value is determined by valuation techniques
If the valuation technology is difficult to reliably measure the fair value, it shall be valued at cost.
(3) The shares with a certain period of restricted sale shall be specified at the time of issuance, including but not limited to non-public issuance of shares
During the initial public offering of shares, the company's shareholders offered shares to the public, and obtained shares with limited sales period through block trading
Notes, excluding tradable restricted stocks such as suspended trading, newly issued unlisted, pledged bonds in repurchase transactions, etc
The fair value is determined according to the relevant regulations of the governing body or industry association.
4. The fixed income varieties without rights in the national inter-bank market are provided by third-party valuation agencies
The estimated net price of the corresponding variety on the current day. For the types of fixed income with rights in the inter-bank market
The only or recommended net valuation price of the corresponding variety provided by the third-party valuation agency on the current day. For with
For the fixed income variety of the investor's right to sell back, if the right to sell back is not exercised after the deadline (including the date) of the registration of the sale back
The valuation is based on the price corresponding to the long waiting period. Not listed in the inter-bank market, and the third-party valuation agency is not
There is no significant difference between the issuance interest rate and the secondary market interest rate for bonds with valuation price
If there is no major change in the market interest rate, it shall be valued at cost.
5. If the same security is traded in two or more markets at the same time, it shall be separately evaluated according to the market in which the security is located
Value.
6. In the calculation of the value of the Fund's foreign currency assets, if the exchange rate of major currencies against RMB is involved
The central parity rate of RMB exchange rate published by the People's Bank of China or its authorized institution on the appraisal date shall prevail;
7. Stock index futures and treasury bond futures contracts are generally carried out at the settlement price on the valuation day, and there is no settlement on the valuation day
If the price is calculated and there is no significant change in the economic environment after the latest trading day, the settlement price on the latest trading day shall be used for evaluation
Value.
8. Stock option contracts shall be valued in accordance with relevant laws and regulations and the provisions of the regulatory authorities.
9. The valuation of the Fund's investment depositary receipts shall be carried out in accordance with the stocks listed and traded in China.
10. If there is conclusive evidence that the above method of valuation cannot objectively reflect its fair value
The Fund Manager may, after consultation with the Fund Custodian according to the specific circumstances, value at the price that best reflects the fair value.
11. In case of large amount purchase or redemption of the Fund, the Fund Manager may adopt the "swing" method for the Fund
Dynamic pricing mechanism to ensure the fairness of fund valuation.
12. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there are new items,
Valuation according to the latest national regulations.
If the fund manager or the fund custodian finds that the fund valuation violates the valuation method and procedure specified in the fund contract
In case of the provisions of relevant laws and regulations or failure to fully protect the interests of fund share holders, it shall immediately notify
The other party shall jointly find out the cause, and the two parties shall solve it through consultation.
According to relevant laws and regulations, the obligations of the Fund Manager to calculate the net asset value of the Fund and to conduct financial accounting of the Fund are
Undertake. The fund manager is the fund accounting responsible party of the Fund
If no agreement can be reached after full discussion on the basis of equality, the Fund
After the Manager issues a written statement with official seal to the Fund Custodian
The calculation results shall be published.
5、 Valuation procedures
1. The net value of various fund units is calculated by dividing the net value of such fund assets by the current
The daily balance of such fund units shall be calculated to the nearest 0.0001 yuan and rounded to the fifth decimal place.
The Fund Manager may establish an emergency adjustment mechanism for the accuracy of net worth in the case of large redemption. Other national regulations
If it is determined, its provisions shall prevail.
The Fund Manager shall calculate the net asset value of the Fund and the net value of various fund units on each working day, and
Notice. In case of special circumstances, the calculation or announcement may be appropriately delayed with the consent of the CSRC.
2. The Fund Manager shall evaluate the assets of the Fund on each working day. However, the Fund Manager shall
Except when the valuation is suspended in accordance with the provisions of the Regulations or the Fund Contract. The Fund Manager's valuation of the Fund's assets on each working day
After that, the net value results of various fund units will be sent to the Fund Custodian. After the Fund Custodian has verified that there is no error
The fund manager shall make public announcement.
6、 Handling of valuation errors
The Fund Manager and the Fund Custodian will take necessary, appropriate and reasonable measures to ensure the valuation of the Fund assets
Accuracy and timeliness. When the net value of any type of fund unit is within 4 decimal places (including the 4th decimal place)
If the valuation is wrong, it shall be deemed that the net value of such fund units is wrong.
The parties to this Fund Contract shall deal with it in accordance with the following provisions:
1. Types of valuation errors
During the operation of the Fund, if the Fund Manager or the Fund Custodian, or the registration authority, or
If the error in valuation is caused by the fault of the selling institution or the investor itself, causing losses to other parties, the fault
The person responsible for the loss of the party ("the injured party") who suffered losses due to the valuation error shall
"Valuation error handling principle" shall pay compensation and bear compensation liability.
The main types of the above valuation errors include but are not limited to: data declaration errors, data transmission errors
According to the calculation error, system failure error, instruction error, etc.
2. Principles for handling valuation errors
(1) When the valuation error has occurred, but has not caused losses to the parties, the party responsible for the valuation error shall
Coordinate all parties to correct the valuation errors in a timely manner, and the costs arising from the correction of valuation errors shall be borne by the party responsible for the valuation errors;
If the party responsible for the valuation error fails to correct the valuation error that has occurred in time, causing losses to the party concerned
The party responsible for the value error shall be liable for compensation for the direct loss; If the responsible party for the valuation error has actively coordinated, and
If the party who has the obligation to assist has enough time to make corrections but fails to make corrections, it shall bear the corresponding liability for compensation
Ren. The party responsible for the valuation error shall confirm the correction to the relevant parties to ensure that the valuation error has been obtained
To correct.
(2) The party responsible for the valuation error shall be responsible for the direct losses of the parties concerned, not for the indirect losses,
And it is only responsible for the direct parties involved in the valuation error, not the third party.
(3) The party who has obtained the unjust enrichment due to the valuation error has the obligation to return the unjust enrichment in a timely manner.
However, the party responsible for the valuation error shall still be responsible for the valuation error. If the party who has obtained unjust enrichment does not return
Or the loss of interests of other parties caused by not returning all the unjust enrichment ("the injured party"), then the valuation error liability
Either party shall compensate the loss of the injured party, and within the scope of the compensation amount paid by it
The parties have the right to demand the delivery of unjust enrichment; If the party who has obtained unjust enrichment has excluded this part
When the profits are returned to the aggrieved party, the aggrieved party shall add the amount of compensation it has already received to the amount of improper
The difference between the total return of profits and its actual loss shall be paid to the party responsible for the valuation error.
(4) The adjustment of valuation errors shall be made in the way of recovering to the correct situation assuming no valuation errors.
(5) Handle valuation errors according to other principles specified by laws and regulations.
3. Valuation error handling procedure
After the valuation error is found, the relevant parties shall deal with it in a timely manner, and the handling procedures are as follows:
(1) Find out the causes of valuation errors, list all parties involved, and
Determine the responsible party for the valuation error;
(2) Losses caused by valuation errors according to the principle of handling valuation errors or the method negotiated by the parties
Conduct evaluation;
(3) According to the principle of handling valuation errors or the method negotiated by the parties concerned, the party responsible for valuation errors shall
Correction and compensation of losses;
(4) If it is necessary to modify the transaction data of the registration authority according to the method of valuation error processing, the registration authority shall
Make corrections and confirm the correction of valuation errors to relevant parties.
4. The method for handling the error in the net value valuation of fund units is as follows:
(1) In case of any error in the calculation of the net value of fund units, the fund manager shall immediately correct it and notify
The Fund Custodian shall take reasonable measures to prevent further expansion of losses.
(2) When the error deviation reaches 0.25% of the net value of such fund units, the Fund Manager shall notify the Fund Manager that
The fund custodian shall also report to the CSRC for filing; When the error deviation reaches 0.50% of the net value of such fund units
The fund manager shall make an announcement and report to the CSRC for the record.
(3) If the above contents are otherwise stipulated by laws and regulations or the regulatory authority, they shall be handled in accordance with their provisions.
7、 Suspension of valuation
1. The securities/futures trading market involved in the fund investment is suspended on statutory holidays or for other reasons
Business hours;
2. The Fund Manager and the Fund Custodian are unable to accurately assess the value of the Fund assets due to force majeure;
3. When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date
After confirmation, the Fund Manager shall suspend the valuation;
4. Other circumstances stipulated by laws and regulations, recognized by the CSRC and the fund contract.
8、 Recognition of net fund value
The fund manager is responsible for calculating the net asset value of the fund and the net value of various fund units, and the fund custodian is responsible for
Review. The Fund Manager shall calculate the net asset value of the Fund on each trading day and
The net value of Class A fund units shall be sent to the fund custodian. Issued after the Fund Custodian reviews and confirms the net value calculation results
It shall be sent to the fund manager, who shall publish the net value of the fund.
9、 Handling methods for special cases
1. When the fund manager or fund custodian conducts valuation according to items 10 and 11 of the valuation method
The error of is not treated as an error in the valuation of fund assets.
2. Due to force majeure, or issued by securities/futures exchanges, registration and clearing companies, deposit banks and other institutions
The Fund Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures
The fund asset valuation error caused by the failure to find the error
The Fund Custodian and the Fund Custodian shall be exempted from liability for compensation. However, the Fund Manager and the Fund Custodian shall actively take necessary measures
Measures shall be taken to eliminate or mitigate the impact caused thereby.
10、 Fund asset valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the main pocket account assets shall be valued and
Disclose the net fund value information of the main pocket account, and suspend the disclosure of the net share value of the side pocket account.
Part XV Fund Fees and Taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Sales service fees for Class C fund units;
4. Information disclosure fees related to the fund after the fund contract takes effect;
5. Accountant fees, attorney fees, litigation fees and arbitration fees related to the Fund after the Fund Contract takes effect;
6. Expenses for the general meeting of fund share holders;
7. Securities/futures trading expenses of the Fund;
8. Bank transfer fees of the Fund;
9. Fund account opening fees and account maintenance fees;
10. All reasonable expenses arising from investment in Hong Kong stocks;
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 fees of the Fund Manager
The fund management fee is accrued at an annual fee rate of 1.50% of the net asset value of the fund on the previous day. The calculation method is as follows:
H ＝ E × 1.50% ÷ 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
Fund management fees are accrued daily and paid monthly. The Fund Custodian shall check the consistency with the Fund Manager according to
The financial data of the following month will be automatically paid within 5 working days at the beginning of the next month according to the specified account path,
The fund manager does not need to issue a capital transfer instruction. In case of legal holidays, rest days or force majeure,
The payment date shall be postponed. After the expenses are automatically deducted, the Fund Manager shall check if the data is inconsistent, and
Contact the Fund Custodian for settlement.
2. Custody fees of the Fund Custodian
The fund custody fee is accrued at the annual fee rate of 0.25% of the net asset value of the fund on the previous day. The calculation method is as follows:
H=E × 0.25% ÷ 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 accrued daily and paid monthly. The Fund Custodian shall check the consistency with the Fund Manager according to
The financial data of the following month will be automatically paid within 5 working days at the beginning of the next month according to the specified account path,
The fund manager does not need to issue a capital transfer instruction. In case of legal holidays, rest days or force majeure,
The payment date shall be postponed. After the expenses are automatically deducted, the Fund Manager shall check if the data is inconsistent, and
Contact the Fund Custodian for settlement.
3. Sales service fees for Class C fund units
The sales service fee for Class C fund units shall be 0.80% of the net asset value of Class C fund units on the previous day
Accrual. The calculation method is as follows:
H ＝ E × 0.80% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
The fund sales service fee is accrued daily and paid monthly. The Fund Custodian shall check with the Fund Manager according to
Consistent financial data, automatically fund according to the specified account path within 5 working days at the beginning of the next month
In case of payment, the fund manager does not need to issue a capital transfer instruction. In case of legal holidays, rest days or irresistible
The payment date shall be postponed accordingly. After the expenses are automatically deducted, the fund manager shall check, if it is found that the data is not
And timely contact the Fund Custodian for settlement.
Class C fund unit sales service fee is mainly used for the continuous sale of the Fund and the service of fund unit holders
Various expenses such as service fees.
Items 4-11 of the above "I. Types of fund expenses" shall be paid according to relevant regulations and corresponding agreements
It is stipulated that the actual amount of expenses shall be included in the current 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 failure to perform or fail to fully perform their obligations or
Loss of 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 takes effect;
4. Other items that may not be included in the fund fees according to relevant laws and regulations and the relevant provisions of the CSRC
Objective.
4、 Fund expenses during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the expenses related to the side pocket account can be disbursed from the side pocket account, but
It can be disbursed only after the assets of the side pocket account are realized, and the relevant fees can be charged or reduced as appropriate, but cannot be charged
See the provisions of the Prospectus for details of fee management.
5、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations
that 's ok. The relevant taxes on the investment of fund assets shall be borne by the fund share holders and deducted by the fund manager or others
The payer shall withhold and remit the tax in accordance with the relevant provisions of the state on tax collection.
Part XVI Income and Distribution of the Fund
1、 Composition of fund profits
Fund profit refers to fund interest income, investment income, income from changes in fair value and other income deduction
As for the balance after relevant expenses, the realized income of the fund refers to the balance after the fund profit minus the income from changes in fair value.
2、 Profit available for distribution of the fund
The distributable profit of the fund refers to the undistributed profit and undistributed profit of the fund as of the base date of income distribution
The lower of the realized income.
3、 Principle of fund income distribution
1. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash
Cash dividends or automatically transfer cash dividends to corresponding fund units for reinvestment; If investors do not choose,
The Fund's default income distribution method is cash dividends; If the investor chooses to reinvest dividends, the minimum holding period is
The period shall be calculated according to the original recognition date corresponding to the share, and shall not be recalculated according to the recognition date of dividend reinvestment;
2. After the distribution of fund income, the net value of any type of fund unit cannot be lower than the par value, that is, the fund income distribution base
The net value of any type of fund unit on the benchmark date shall not be less than
Face value;
3. Since Class A fund units of the Fund do not charge sales service fees, while Class C fund units are charged for cancellation
Selling service fee, the distributable profits corresponding to each fund unit category may be different, and this fund is of the same category
Each fund unit of has the same distribution right;
4. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Under the condition that there is no material adverse effect on the interests of fund share holders, the fund manager may
Under the premise of anti laws and regulations, and after performing appropriate procedures as required by the regulatory authorities, adjust the fund income points as appropriate
In principle, this adjustment does not need to convene a general meeting of fund share holders, but should be made before the implementation date of the change
Media announcements.
4、 Income distribution scheme
The fund income distribution plan shall specify the distributable profits and fund receipts as of the base date of income distribution
The distribution object, distribution time, distribution amount and proportion, distribution method, etc.
5、 Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian
The relevant provisions of the Information Disclosure Measures are announced in the specified media.
6、 Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. When
When the investor's cash dividend is less than a certain amount and is insufficient to pay bank transfer or other handling fees, register
The institution may automatically convert the cash dividends of fund share holders into
Fund units of the same category. The calculation method of dividend reinvestment shall be implemented in accordance with the Business Rules.
7、 Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not carry out income distribution. See the prospectus for details
Definitely.
Part XVII Accounting and Audit of the Fund
1、 Fund accounting policy
1. The Fund Manager is the fund accounting responsible party of the Fund;
2. The accounting year of the Fund is from January 1 to December 31 of the Gregorian calendar year; Fund raised for the first time
The accounting year shall follow the following principles: if the fund contract takes effect for less than 2 months, it can be incorporated into the next accounting year
disclosure;
3. The bookkeeping base currency for fund accounting is RMB yuan, and the bookkeeping unit is RMB yuan;
4. The accounting system shall implement the relevant national accounting system;
5. The Fund establishes accounts and accounts independently;
6. The Fund Manager and the Fund Custodian shall respectively keep complete accounting accounts and vouchers and conduct daily
Accounting and preparation of fund accounting statements in accordance with relevant regulations;
7. The Fund Custodian shall check with the Fund Manager on the accounting and statement preparation of the Fund every month
And confirmed in writing or in other ways agreed by both parties.
2、 Annual audit of the Fund
1. The Fund Manager's engagement of mutual independence with the Fund Manager and the Fund Custodian conforms to the requirements of the People's Republic of China
The annual financial statements of the Fund prepared by the accounting firm and its certified public accountants as prescribed by the Securities Law of the Republic of China
Bank audit.
2. The accounting firm shall obtain the prior consent of the fund manager to change its certified public accountant.
3. If the Fund Manager considers that there is sufficient reason to change the accounting firm, it shall notify the Fund Custodian. more
The change of accounting firm shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
Part XVIII Fund Information Disclosure
1、 The information disclosure of the Fund shall comply with the Fund Law, the Operating Measures, the Information Disclosure Measures
Liquidity Risk Management Regulations, fund contracts and other relevant regulations. Relevant laws and regulations about information
When the disclosure provisions change, the Fund shall comply with its latest provisions.
2、 Information disclosure obligor
The information disclosure obligors of the Fund include the Fund Manager, the Fund Custodian and the convening fund unit holders
Natural persons, legal persons and non -
Legal organization.
The information disclosure obligor of the Fund takes the protection of the interests of fund share holders as the fundamental starting point, and in accordance with the law
Disclose fund information in accordance with regulations and the provisions of the CSRC, and ensure the authenticity, accuracy
Completeness, timeliness, simplicity and accessibility.
The information disclosure obligor of the Fund shall, within the time specified by the CSRC, submit the fund letter that should be disclosed
National newspapers and periodicals (hereinafter referred to as "regulated newspapers and periodicals") that meet the requirements of the CSRC and
Internet websites (hereinafter referred to as "regulated websites") and other media as specified in the Measures for Information Disclosure, and guarantee that
Fund investors can consult or copy publicly disclosed information at the time and in the manner agreed in the fund contract
Information.
3、 The Fund information disclosed by the Fund Information Disclosure Obligor shall not commit the following acts:
1. False records, misleading statements or major omissions;
2. Predict the performance of securities investment;
3. Commit gains or bear losses in violation of regulations;
4. slander other fund managers, fund custodians or fund sales agencies;
5. Publish congratulatory, complimentary or recommendatory words of any natural person, legal person or unincorporated organization;
6. Other acts prohibited by the CSRC.
4、 The information publicly disclosed by the Fund shall be in Chinese. If a foreign language text is used at the same time, the fund
The obligor of information disclosure shall ensure that the contents of different texts are consistent. In case of ambiguity between different texts
The text shall prevail.
The information publicly disclosed by the Fund shall be in Arabic numerals; Unless otherwise specified, the currency unit is RMB
Yuan.
5、 Publicly disclosed fund information
The publicly disclosed fund information includes:
（1） Fund prospectus, fund contract, fund custody agreement, fund product information summary
1. The fund contract is to define the rights and obligations of the parties to the fund contract and define the fund shares
The rules and specific procedures for the holding of the general meeting of the holders, stating that the characteristics of the fund products, etc., involve major issues of the fund investors
Legal documents on matters of interest.
2. The prospectus of the fund shall disclose all matters affecting the decisions of the fund investors to the maximum extent,
Explain fund subscription, purchase and redemption arrangements, fund investment, fund product characteristics, risk disclosure and information disclosure
Disclose the services of fund share holders. After the Fund Contract takes effect, the information in the Fund Prospectus occurs
In case of major changes, the Fund Manager shall update the Fund Prospectus and publish it in the Regulations within three working days
On the website; If other information in the prospectus changes, the fund manager shall update it at least once a year.
If the Fund terminates its operation, the Fund Manager will no longer update the Prospectus of the Fund.
3. The Fund Custody Agreement defines the fund custodian and the fund manager in the custody of the fund property and the operation of the fund
Legal documents on rights and obligations in supervision and other activities.
4. The fund product information summary is the summary document of the fund prospectus, which is used to provide investors with a brief summary
General information of the fund. After the Fund Contract comes into force, the information in the fund product information summary has changed significantly
Furthermore, the fund manager shall update the summary of fund product information within three working days and publish it in the regulations
Website and fund sales agency website or business outlet; In case of any change in other information of the fund product profile,
The Fund Manager shall be updated at least once a year. If the operation of the fund is terminated, the fund manager will no longer update the fund products
Data summary.
After the application for fund raising is registered with the CSRC, the fund manager shall,
Publish the fund unit offering announcement, the indicative announcement of the fund prospectus and the indicative announcement of the fund contract on
It is required to publish the fund unit sale announcement, fund prospectus, fund product information summary, fund
The contract and fund custody agreement are published on the specified website, and the summary of fund product information is published on the fund sales
Institutional website or business outlet; The Fund Custodian shall simultaneously record the Fund Agreement and the Fund Custodian Agreement in the Regulations
On the website.
（2） Fund Unit Offering Announcement
The Fund Manager shall prepare an announcement on the sale of fund units on the specific matters concerning the sale of fund units, and
The prospectus was published on the specified media on the day of disclosure.
（3） Announcement on the Effectiveness of the Fund Contract
The fund manager shall publish the fund on the prescribed media on the day after receiving the confirmation document from the CSRC
Contract effectiveness announcement.
（4） Net fund value information
After the Fund Contract comes into force and before starting to handle the subscription or redemption of fund units, the Fund Manager shall
Disclose the net value of various fund units and the accumulated net value of fund units less than once a week on the specified website.
After starting to handle the subscription or redemption of fund units, the fund manager shall
On the next day of, disclose all kinds of funds on the open day through the specified website, fund sales agency website or business outlets
Net value of units and cumulative net value of fund units.
The Fund Manager shall disclose the information on the prescribed website no later than the next day after the last day of the half year and the year
Net value of various fund units and accumulated net value of fund units on the year and the last day of the year.
（5） Subscription and redemption price of fund units
The Fund Manager shall upload the application for fund shares in the fund contract, prospectus and other information disclosure documents
Calculation method of purchase and redemption price and relevant purchase and redemption rate, and ensure that investors can sell funds
The website or business outlet of the institution looks up or copies the above information.
（6） Regular reports of the Fund, including annual reports, interim reports and quarterly reports of the Fund
The Fund Manager shall complete the annual report of the Fund within three months from the end of each year
The annual report is published on the specified website, and the advisory announcement of the annual report is published on the specified newspaper. Fund year
The financial accounting report in the report shall be certified by an accountant who complies with the Securities Law of the People's Republic of China
Audit by the firm.
The Fund Manager shall, within two months from the end of the first half of the year, prepare the interim report of the Fund and
The interim report is published on the specified website, and the suggestive announcement of the interim report is published on the specified newspaper.
The Fund Manager shall complete the quarterly report of the Fund within 15 working days from the end of the quarter,
Publish the quarterly report on the specified website, and publish the suggestive announcement of the quarterly report on the specified newspaper.
If the fund contract takes effect for less than 2 months, the fund manager may not prepare the current quarterly report and interim report
Report or annual report.
If the proportion of fund shares held by a single investor reaches or exceeds the total fund shares during the reporting period
In the case of 20%, in order to protect the rights and interests of other investors, the Fund Manager shall at least report regularly to the Fund
The category of the investor and shares held at the end of the reporting period are disclosed under "Other important information affecting the investor's decision"
The amount and proportion, changes in shares held during the reporting period and the unique risks of the Fund, as recognized by the CSRC
Except for special circumstances.
During the continuous operation of the Fund, the Fund Manager shall disclose the basic information in the annual report and interim report of the Fund
Portfolio assets and liquidity risk analysis.
（7） Interim report
If a major event occurs to the Fund, the relevant information disclosure obligor shall prepare an interim report within 2 days,
And published on the specified newspapers and websites.
The term "major event" as mentioned in the preceding paragraph refers to the possible impact on the rights and interests of fund unit holders or the price of fund units
The following events with significant impact:
1. The convening and decisions of the general meeting of fund share holders;
2. The Fund Contract is terminated and the Fund is liquidated;
3. Conversion of fund operation mode and fund merger;
4. Change of fund manager, fund custodian, fund share registration agency, and change of fund accounting firm
Office;
5. The fund manager entrusts the fund service agency to handle the registration, accounting and valuation of fund shares on its behalf
Matters: the Fund Custodian entrusts the Fund Service Institution to handle the accounting, valuation, review and other matters of the Fund on its behalf;
6. The legal names and addresses of the Fund Manager and the Fund Custodian have changed;
7. The Fund Manager changes the actual control of shareholders holding more than 5% of the equity and the Fund Manager
Person change;
8. The fund raising period is extended or the fund raising is terminated in advance;
9. Senior management of the fund manager, fund manager and special fund custody department of the fund custodian
The person in charge changes;
10. If the directors of the Fund Manager have changed by more than 50% in the last 12 months, the Fund Manager
The main business personnel of the special fund custody department of the fund custodian have changed by more than one percent in the last 12 months
Thirty;
11. Litigation or arbitration involving fund property, fund management business and fund custody business;
12. The fund manager or its senior managers and fund managers are subject to
Major administrative punishment and criminal punishment, and the fund custodian or the head of its special fund custody department
Business related behaviors are subject to major administrative and criminal penalties;
13. The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the actual controller or a company that has a major interest relationship with it or certificates underwritten during the underwriting period
Securities, or other major related party transactions, unless otherwise stipulated by the CSRC;
14. Fund income distribution matters;
15. Accrual standard and accrual of management fee, custody fee, sales service fee, subscription fee, redemption fee, etc
Changes in methods and rates;
16. The valuation error of the net value of any type of fund unit reaches 0.5% of the net value of such type of fund unit;
17. The Fund begins to handle subscription and redemption;
18. The Fund is redeemed in large amount and postponed;
19. The Fund has successively made major redemptions and suspended the acceptance of redemption applications or deferred the payment of redemption funds;
20. The Fund suspends accepting subscription and redemption applications or re accepts subscription and redemption applications;
21. Add or adjust the fund unit category setting or fund unit classification rules;
22. Major events involving adjustment of fund subscription and redemption events or potential impact on investors' redemption occur;
23. The Fund Manager adopts the swing pricing mechanism for valuation;
24. The number of fund share holders of the Fund is less than 200 for 30, 40 and 45 consecutive working days
Or the net asset value of the fund is less than 50 million yuan;
25. The price that the Fund Information Disclosure Obligor believes may be paid to the rights and interests of Fund Unitholders or Fund Units
Other matters that have a significant impact or other matters specified by the CSRC.
（8） Clarification announcement
During the duration of the Fund Agreement, any news appearing in any public media or circulating in the market may
It can mislead the price of fund units or cause large fluctuations, and may damage the holding of fund units
If someone has rights and interests, the relevant information disclosure obligor shall immediately make public clarification of the information and
The relevant information shall be reported to the CSRC immediately.
（9） Resolution of the general meeting of fund share holders
The matters decided by the general meeting of fund unit holders shall be reported to the CSRC for record and announced in accordance with the law.
（10） Information disclosure during the implementation of the side pocket mechanism
Where the Fund implements the side pocket mechanism, relevant information disclosure obligors shall, in accordance with laws, regulations and fund contracts
And the prospectus. See the prospectus for details.
（11） Information disclosure of investment in stock index futures
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports and prospectuses
New) and other documents disclose the trading of stock index futures, including investment policies, positions, profits and losses, and risks
And fully reveal the impact of stock index futures trading on the overall risk of the fund and whether it conforms to the established
Investment policies and investment objectives.
（12） Announcement on Investment in National Debt Futures
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports and prospectuses
New) and other documents, including investment policies, positions, profits and losses, and risks
And fully reveal the impact of treasury bond futures trading on the overall risk of the fund and whether it conforms to the established
Investment policies and investment objectives.
（13） Information disclosure of investment in Hong Kong stocks
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports and prospectuses
New), etc.
（14） Information disclosure of investment asset-backed securities
The Fund Manager shall disclose the total amount of asset-backed securities held by it
The proportion of the market value of asset-backed securities in the net assets of the fund and the details of all asset-backed securities during the reporting period.
The Fund Manager shall disclose the total amount of asset-backed securities and asset-backed securities held by it in the quarterly report of the Fund
The proportion of the market value of securities in the net assets of the fund and the ranking by the proportion of the market value in the net assets of the fund at the end of the reporting period
Details of the top 10 asset-backed securities.
（15） Information disclosure of investment stock options
The Fund Manager shall disclose the relevant information about its participation in stock option trading, including investment, in its regular reports
Policies, positions, profits and losses, risk indicators, valuation methods, etc., and fully reveal stock option transactions
The impact on the overall risk of the Fund and whether it conforms to the established investment policies and investment objectives.
（16） The information disclosure of the Fund's investment in depositary receipts shall be subject to the domestic listed stocks.
（17） Other information required by the CSRC
6、 Information disclosure management
The Fund Manager and the Fund Custodian shall establish and improve the information disclosure management system, designate special departments and
Senior management is responsible for managing information disclosure.
The public disclosure of fund information by the fund information disclosure obligor shall comply with the relevant fund information of the CSRC
Standards for disclosure content and format and other regulations.
The Fund Custodian shall, in accordance with the relevant laws and regulations, the provisions of the CSRC and the provisions of the Fund Contract,
Application for the net value of fund assets, net value of fund units of various fund units and fund units prepared by the fund manager
Purchase and redemption price, regular fund report, updated prospectus, summary of fund product information, fund liquidation
The report and other publicly disclosed relevant fund information shall be reviewed and reviewed, and written or telegraphed to the fund manager
Sub confirmation.
The Fund Manager and the Fund Custodian shall choose one of the prescribed newspapers to disclose the information of the Fund.
The fund manager and the fund custodian shall submit the funds to be disclosed to the fund electronic disclosure website of the CSRC
Information, and ensure the authenticity, accuracy, integrity and timeliness of the information submitted.
The Fund Manager and the Fund Custodian may, in addition to disclosing information on the prescribed media according to law
Disclose information in other public media, but other public media shall not disclose information earlier than the specified media, and
The content of the same information disclosed on different media shall be consistent.
Special purpose of issuing audit report and legal opinion for the fund information publicly disclosed by the fund information disclosure obligor
The business institution shall prepare working papers and keep relevant files for at least 10 years after the termination of the fund contract.
In addition to disclosing information as required by laws and regulations, fund managers and fund custodians can also focus on investment
From the perspective of providing useful information when making decisions, we should ensure that investors are treated fairly, not mislead investors, and not affect the
Under the premise of normal investment operation, independently improve the quality of information disclosure services. The specific requirements shall meet the requirements of
Relevant provisions of the CSRC and self regulatory rules. In case of information disclosure fees arising from the aforesaid independent disclosure, such fees shall not
It may be disbursed from the fund assets.
7、 Storage and reference of information disclosure documents
After the release of the information that must be disclosed according to law, the Fund Manager and the Fund Custodian shall comply with the relevant laws and regulations
The regulations require that information be kept in their respective residences for public reference and reproduction.
8、 Suspension or delay of disclosure of fund information
The Fund Manager and the Fund Custodian may suspend or delay the disclosure of fund information in the following circumstances:
1. Force majeure;
2. Valuation suspension occurs;
3. Other circumstances stipulated by laws and regulations, the CSRC or the fund contract.
Part XIX Change and Termination of Fund Contract and Liquidation of Fund Assets
1、 Change of Fund Contract
1. The change of the fund contract involves the provisions of laws and regulations or the fund contract shall be approved by the fund share holders
If a resolution is passed at the meeting, a general meeting of fund unit holders shall be convened to pass the resolution. For laws and regulations
The Fund Manager and the Fund
The change shall be announced after the approval of the custodian and reported to the CSRC for filing.
2. The resolution of the general meeting of fund share holders on the change of the fund contract shall not be implemented until it comes into effect
The meeting shall be announced in the specified media within 2 days after it takes effect.
2、 Reasons for termination of the Fund Agreement
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the fund contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
3、 Liquidation of fund assets
1. Fund assets liquidation group: established within 30 working days from the date of the termination of the fund contract
The liquidation group and the fund manager shall organize the fund assets liquidation group and conduct the fund under the supervision of the CSRC
Liquidation.
2. Composition of the Fund Assets Liquidation Team: the Fund Manager and the Fund Custodian are the members of the Fund Assets Liquidation Team
Custodians, certified public accountants, lawyers who meet the provisions of the Securities Law of the People's Republic of China, and the CSRC
Designated personnel composition. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Agreement, the Fund Assets Liquidation Team shall take over the Fund Assets in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets shall not exceed 6 months, but the liquidity of the securities held by the Fund is subject to
If the liquidation cannot be realized in time due to limitation, the liquidation period shall be postponed accordingly.
4、 Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation
The liquidation expenses shall be paid by the fund assets liquidation group from the remaining assets of the fund in priority.
5、 Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the Fund assets from the Fund according to the distribution plan for the liquidation of the Fund assets
The fund held by the fund share holder shall be subject to the liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion.
6、 Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The liquidation report of the fund assets is in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted
The CSRC shall record and announce. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report for filing
The Fund Assets Liquidation Group shall make a public announcement within 5 working days after the case, and the Fund Assets Liquidation Group shall liquidate
The report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper.
7、 Preservation of fund assets liquidation books and documents
The fund asset liquidation account book and relevant documents shall be kept by the fund custodian not less than
Low deadlines.
Part XX Liability for Breach of Contract
1、 The Fund Manager and the Fund Custodian violate the Fund Law in the process of performing their respective duties
Where the provisions of laws and regulations or the fund contract stipulate that damage is caused to the fund assets or fund unit holders,
They shall be liable for compensation for their respective acts according to law; Fund assets or fund shares due to joint actions
If the holder causes damage, he shall bear joint and several liability for compensation. Compensation for losses shall be limited to direct losses.
However, in any of the following circumstances, the party concerned shall be exempted from liability:
1. Force majeure;
2. The Fund Manager and/or the Fund Custodian shall comply with the then effective laws and regulations or the regulations of the CSRC
Losses caused by acts or omissions;
3. The Fund Manager exercises or does not exercise its investment right in accordance with the investment principles specified in the Fund Contract
Loss caused, etc.
2、 To protect the interests of fund share holders to the greatest extent in the event of breach of contract by one or more parties
If the fund contract can continue to be performed, it shall continue to be performed. Duty of non breaching party
The enclosure is obliged to take necessary measures in time to prevent the expansion of losses. Loss due to failure to take appropriate measures
In case of further expansion, no claim shall be made for compensation for the expanded losses. Expenses incurred by the non defaulting party to prevent the loss from expanding
The reasonable expenses shall be borne by the defaulting party.
3、 Due to factors beyond the control of the Fund Manager and the Fund Custodian, business errors occur
Although the Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures for inspection, they fail to
The Fund Manager and the Fund Custodian will be exempted from compensation for the loss of the Fund property or investors caused by the discovery of errors
Liability. However, the Fund Manager and the Fund Custodian shall actively take necessary measures to eliminate or mitigate this
The impact of success.
Part XXI Dispute Settlement and Applicable Law
The parties agree that all disputes arising from or in connection with the Fund Contract, if arising from
If the dispute cannot be settled through consultation within 60 days from the date one party proposes to settle the dispute through consultation in writing, it shall be submitted
China International Economic and Trade Arbitration Commission shall conduct arbitration in accordance with the Commission's arbitration rules in effect at that time
The arbitration award is final and binding on all parties concerned. Unless otherwise awarded by arbitration
The arbitration fee shall be borne by the losing party.
During the dispute settlement period, the parties to the fund contract shall abide by their respective duties and continue to be faithful, diligent and responsible
To perform the obligations specified in the Fund Contract and safeguard the legitimate rights and interests of the Fund Unitholders.
The Fund Contract is applicable to the People's Republic of China (excluding Hong Kong Special Administration for the purpose of this Fund Contract
Region, Macao Special Administrative Region and Taiwan Region) and shall be interpreted accordingly.
Part XXII Effect of Fund Contract
A fund contract is a legal document that stipulates the rights and obligations between the parties to the fund contract.
1. The Fund Contract is sealed by the Fund Manager and the Fund Custodian and authorized by the legal representatives of both parties
The authorized representative shall sign or seal and handle the fund filing with the CSRC through the fund manager after the end of the offering
It shall come into force upon the written confirmation of the CSRC.
2. The term of validity of the Fund Contract shall be from the date of its entry into force to the date when the liquidation results of the Fund assets are reported to the CSRC for recordation
The case shall be announced at the same time.
3. The Fund Contract shall, as of the effective date, hold shares of the Fund Manager, the Fund Custodian and the Fund Units
The parties to the fund contract, including the person, shall have the same legal binding force.
4. The original of the fund contract is in sextuplicate. In addition to submitting it to the relevant regulatory authority in sextuplicate, the fund manager
The Fund Custodian shall each hold two copies, each of which shall have the same legal effect.
5. The fund contract can be printed in a volume for investors to register with the fund manager, fund custodian and sales agency
For office and business premises.
Part XXIII Other Matters
Any matters not covered in the fund contract shall be settled by the parties to the fund contract through consultation in accordance with relevant laws and regulations.
(No text below)
Part XXIV Summary of the Fund Contract
1、 Rights and obligations of the parties to the fund contract
（1） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Manager include
But not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Agreement, the Fund shall be independently used and managed in accordance with laws, regulations and the Fund Agreement
Gold property;
(3) Collect fund management fees in accordance with the fund contract and those prescribed by laws and regulations or approved by the CSRC
other expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
If the fund contract and relevant national laws and regulations are violated, it shall be reported to the CSRC and other regulatory authorities, and
Necessary measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency
Reason;
(9) Act as or entrust other qualified institutions to act as fund registration agencies to handle fund registration business
And obtain the fees specified in the fund contract;
(10) Decide on the distribution plan of fund income in accordance with the fund contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription and redemption applications within the scope agreed in the fund contract;
(12) Exercising shareholders' rights against the invested company for the benefit of the fund in accordance with laws and regulations, and for the benefit of the fund
To exercise the rights arising from the investment of the Fund's assets in securities;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager; or
Performing other legal acts;
(15) Selection and replacement of law firms, accounting firms, securities brokers and futures brokerage institutions
Or other external institutions providing services for the Fund;
(16) Formulate and adjust relevant fund subscription, subscription
Redemption, conversion, non trading transfer and other business rules;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
But not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Agreement, the Fund shall be managed and applied in the principle of good faith, prudence and diligence
Gold property;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making, so as to be professional
Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure that the assets of the fund under management and the assets of the fund manager are independent of each other, and to separate the different funds under management
Management, separate bookkeeping and securities investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used to
They or any third party shall not entrust any third party to operate the fund property for their own benefit;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Take appropriate and reasonable measures to calculate the subscription, purchase, redemption and cancellation prices of fund units
The method shall comply with the provisions of the fund contract and other legal documents. The net value of the fund shall be calculated and announced in accordance with the relevant provisions
To fix the price for subscription and redemption of fund units;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report;
(11) Perform information disclosure and reporting in strict accordance with the Fund Law, the Fund Contract and other relevant provisions
Obligation to sue;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. In addition to the Fund Law
Unless otherwise specified in the fund contract and other relevant provisions, the fund information shall be kept confidential before public disclosure
Personal disclosure;
(13) Determine the fund income distribution plan as agreed in the fund contract and distribute the fund income to fund share holders in a timely manner
Fund allocation income;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene a general meeting of fund unit holders in accordance with the Fund Law, the Fund Contract and other relevant provisions
Or cooperate with the Fund Custodian and the Fund Unitholders to convene a general meeting of the Fund Unitholders in accordance with the law;
(16) Keep the accounting books, statements, records and other relevant information of fund property management business activities as required
If the relevant information is more than 15 years old and the laws and regulations provide otherwise, the provisions shall prevail;
(17) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and
Ensure that investors can check the disclosure related to the fund at any time according to the time and method specified in the fund contract
Materials, and obtain copies of relevant materials at reasonable cost;
(18) Organize and participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation
Realization and distribution;
(19) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And notify the Fund Custodian;
(20) Loss of fund assets or damage to the legitimate rights and interests of fund share holders due to violation of the fund contract
Shall be liable for compensation, and his liability for compensation shall not be exempted by his retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the custodian violates the fund contract and causes losses to the fund property, the fund manager shall pay
Fund custodian recovery;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the relevant funds to the third party
Take responsibility for the behavior of financial affairs;
(23) In the name of the Fund Manager, on behalf of the Fund Unitholders, exercise the right of litigation or enforce its
Other legal acts;
(24) The Fund fails to meet the filing conditions of the Fund during the raising period, and the Fund Contract cannot take effect
The manager shall bear all the raising expenses and raise the raised funds in the fund together with the interest of bank demand deposits for the same period
Return to the fund subscriber within 30 days after the end of the set period;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
（2） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include
But not limited to:
(1) The Fund shall be safeguarded in accordance with laws, regulations and the provisions of the Fund Contract as of the effective date of the Fund Contract
Property;
(2) Obtaining fund custody fees, laws and regulations or regulatory approval in accordance with the fund contract
other expenses;
(3) Supervise the investment operation of the Fund Manager in the Fund. If the Fund Manager is found to have violated the Fund
The contract and national laws and regulations have caused heavy losses to the fund property and the interests of other parties,
It shall report to the CSRC and take necessary measures to protect the interests of fund investors;
(4) In accordance with relevant market rules, open securities accounts, capital accounts and other investment accounts for the Fund,
Clearing securities and futures trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include
But not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) A special fund custody department shall be set up, with satisfactory business premises and sufficient
Qualified full-time personnel familiar with fund custody business, responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure the safety of the fund property and ensure that the fund property under its custody is different from the fund custodian's own property and
Fund assets are independent of each other; Set up separate accounts for different funds under custody, conduct independent accounting, and manage accounts separately,
Ensure that different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract, the Custodian Agreement and other relevant provisions, it shall not be used
The Fund property shall seek benefits for itself and any third party, and shall not entrust any third party to trust the Fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open other accounts required for investment such as fund account and securities account of fund property according to regulations
In accordance with the provisions of the fund contract and the custody agreement, and in accordance with the investment instructions of the fund manager, the fund manager shall handle the liquidation and delivery in a timely manner
Cutting matters;
(7) Keep fund business secrets, except for the Fund Law, fund contract, custody agreement and other relevant regulations
Unless otherwise specified in the regulations, the fund information shall be kept confidential before public disclosure, and shall not be disclosed to others, but shall be subject to the supervision authority
As required by competent authorities such as the organization and the judiciary, or as required by external professional consultants such as audit and law
Except where provided;
(8) Review and review the net fund asset value, net value of various fund units
Subscription and redemption price of gold shares;
(9) To handle information disclosure related to fund custody business activities;
(10) To issue opinions on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund, stating that
State whether the operation of the fund manager in all important aspects is strictly in accordance with the provisions of the fund contract and the custody agreement;
If the fund manager fails to implement the provisions of the fund contract and the custody agreement, it shall also explain the fund custody
Whether the person has taken appropriate measures;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities not lower than
The minimum period stipulated by laws and regulations;
(12) Receive the register of fund unit holders from the fund manager or the registration institution entrusted by the fund manager;
(13) Prepare relevant account books as required and check with the fund manager;
(14) To pay fund income and
Redemption proceeds;
(15) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund unit holders in accordance with the law, or to cooperate with the fund manager and fund unit holders;
(16) Supervise the investment operation of the fund manager in accordance with laws and regulations, the fund contract and the custody agreement
Work;
(17) Participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and
Distribution;
(18) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And bank regulators, and notify the fund manager;
(19) In case of any loss of fund property due to violation of the fund contract and the custody agreement, it shall be liable for compensation,
Their liability for compensation shall not be exempted by their retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws, regulations and the Fund Contract,
When the Fund Manager causes losses to the Fund's assets due to violation of the Fund Agreement, it shall, for the benefit of the Fund Unitholders
Recovery by the fund manager;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and fund contract.
（3） Fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the fund contract
The fund investor becomes the fund share holder and the fund contract when he/she obtains the fund shares in accordance with the fund contract
The parties concerned until they no longer hold the fund shares of the Fund. Fund Unitholders as Parties to the Fund Contract
It is not necessary to sign or seal the fund contract in writing.
Each fund unit of the same category has the same legal rights and interests.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders
Including but not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Transfer or apply for redemption of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund service institution shall be harmed in accordance with
Legal action or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders
Including but not limited to:
(1) Carefully read and abide by the fund contract, prospectus and other information disclosure documents;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription funds and the fees prescribed by laws, regulations and the fund contract;
(5) It is limited to bear fund losses or terminate fund contracts within the scope of fund units held by it
Responsibility;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Comply with relevant transactions and businesses of the Fund Manager, Fund Custodian, Sales Agency and Registration Agency
Business rules;
(10) Provide the information required by the fund manager, fund custodian and regulatory authority according to law, and
Update and supplement from time to time, and guarantee its authenticity;
(11) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
2、 Procedures and Rules for Convening, Deliberating and Voting of the General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, who are legally authorized to act on their behalf
Form A has the right to attend meetings and vote on behalf of fund share holders. Each fund share holder of the same category
1. Fund units have equal voting rights.
The General Meeting of Fund Unitholders of the Fund has no daily body. During the duration of the Fund
The general meeting of fund share holders may set up a daily institution, and the establishment and operation of the daily institution shall
It shall be conducted in accordance with relevant laws and regulations and the provisions of the CSRC.
（1） Reason for convening
1. Unless otherwise stipulated by laws and regulations, regulatory authorities or
Unless otherwise agreed in the Fund Agreement, a general meeting of fund unit holders shall be held:
(1) Terminate the fund contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standard of the fund manager and the fund custodian or raise the sales service fee, but
Except that the laws and regulations require to adjust such remuneration standard or increase the sales service fee;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(11) Funds that individually or collectively hold more than 10% (including 10%) of the total fund shares
Unit holders (calculated on the basis of fund units on the day when the Fund Manager receives the proposal, the same below)
To request the convening of a general meeting of fund share holders;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) Holding of fund units shall be held as required by laws and regulations, fund contracts or other provisions of the CSRC
Matters of the General Meeting.
2. Without violating the provisions of laws and regulations and the provisions of the Fund Agreement, and for the benefit of the Fund Unitholders
On the premise that there is no material adverse effect, the following circumstances may be modified by the Fund Manager and the Fund Custodian after consultation:,
It is not necessary to convene a general meeting of fund share holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate of the Fund, lower the redemption rate or sales service fee, change the charging method
Adjust the setting of the fund unit category of the Fund;
(3) The Fund Contract shall be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment does not
Significant changes in the rights and obligations of the parties involved in the fund contract;
(5) Adjustment of fund subscription, subscription, redemption, conversion, non trading transfer, custody transfer and other businesses
Rules;
(6) Launch new business or service;
(7) Adjust the distribution principle of fund income;
(8) Adjust the calculation accuracy of the net value of fund units;
(9) Other circumstances under which it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the fund contract
Shape.
（2） Convener and convening method
1. Unless otherwise stipulated in laws and regulations or the fund contract, the general meeting of fund share holders shall be managed by the fund
The manager calls.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, it shall
It shall be convened by the Fund Custodian on its own and notified to the Fund Management within 60 days from the date of issuing the written decision
The Fund Manager shall cooperate.
4. Fund share holders representing more than 10% (including 10%) of the fund shares shall submit a written request on the same matter
A written proposal shall be submitted to the Fund Manager for convening a general meeting of Fund Unitholders. The Fund Manager shall
Decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the proposed fund units in writing
The holder's representative and the fund custodian. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; The Fund Manager decides not to convene the meeting, which represents the basis of more than 10% (including 10%) of the Fund shares
If the gold share holders still think it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. Fund Custody
People shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and inform the basis of the proposal in writing
Representatives of gold share holders and fund managers; If the Fund Custodian decides to convene the meeting, it shall issue a written decision
The Fund Manager shall be convened and notified within 60 days from the date of the announcement, and the Fund Manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request for a call on the same matter
If a general meeting of fund unit holders is held and neither the fund manager nor the fund custodian convenes it, it shall be held separately or jointly
The fund share holders with more than 10% (including 10%) of the fund shares in the table have the right to convene the meeting on their own and at least in advance
30 Daily report to China Securities Regulatory Commission for filing. Where a fund unit holder convenes a general meeting of fund unit holders on his own according to law,
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and right of the meeting
Registration date.
（3） Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund share holders, the convener shall, 30 days before the meeting
Notice. The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and proxy of the agent)
The time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to notify the meeting
The specific means of communication adopted by the National People's Congress of the Fund Unitholders, the entrusted notary authority and its copy
Method and contact person, deadline for sending and receiving written voting opinions.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund manager in writing separately
Go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall be separately
Inform the Fund Manager and the Fund Custodian in writing to go to the designated place to supervise the counting of votes. fund
If the manager or fund custodian refuses to send representatives to supervise the counting of votes, the voting opinions will not be affected
Vote counting effect of.
（4） Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders may be held by means of on-site meeting, communication meeting or laws, regulations and supervision
Other methods allowed by the institution shall be adopted, and the convening method of the meeting shall be determined by the convener. Fund Manager, Fund Manager
The Fund Custodian shall facilitate the Fund Unitholders to exercise their voting rights.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the on-site meeting as nonvoting delegates
If the Fund Manager or the Fund Custodian does not send representatives to attend the general meeting, the voting effect shall not be affected. On site opening
The agenda of the general meeting of Fund Unitholders may be held when the following conditions are met simultaneously:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund shares and the certificate of proxy voting authorization of the trustor comply with laws, regulations and fund contract
And the provisions of the notice of the meeting, and the vouchers for holding fund shares are consistent with the registration data held by the fund manager.
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that,
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date
1） . If the effective fund units represented by the participants on the equity registration date are less than the base of the Fund on the equity registration date
1/2 of the total fund units, the convener may hold the fund unit holders' meeting at 3
The General Meeting of Fund Unitholders shall be reconvened within six months after the expiration of six months on the matters originally scheduled for deliberation. Recall
The effective fund units represented by the participants of the general meeting of fund unit holders on the equity registration date shall not be less than
One third (including one third) of the total fund shares of the Fund on the equity registration date.
2. Communication meeting. Correspondence meeting means that the Fund Unitholders submit their votes on voting matters in writing
Form or other means specified in the announcement of the meeting shall be delivered to the address designated by the convener before the deadline for voting. through
The meeting shall vote in writing or in other ways specified in the notice of the meeting.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) After the convener of the meeting publishes the notice of the meeting as agreed in the fund contract, it shall publish the notice of the meeting within 2 working days
Prompting announcements shall be issued.
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener,
The fund manager) to the designated place to supervise the counting of written votes. The convener of the meeting is Zaiji
Under the supervision of the fund custodian (or the fund manager if the fund custodian is the convener) and the notary organ
Receive the written voting opinions of fund share holders in the manner specified in the notice of the meeting; Fund Custodian or Fund
If the administrator is notified not to participate in the collection of written voting opinions, the voting effect shall not be affected.
(3) If I directly issue a written opinion or authorize another representative to issue a written opinion
The fund shares held by someone shall not be less than half (including half) of the total fund shares on the equity registration date
1） ; If I directly issue written opinions or authorize others to issue written opinions on behalf of fund share holders
If the fund units held are less than half of the total fund units on the equity registration date, the convener may make an announcement in the original
Within 3 months and 6 months after the time of holding the general meeting of fund unit holders of
Convene a new general meeting of fund unit holders. The reconvened general meeting of fund unit holders shall have one-third of the representatives
One or more (including one third) of the fund share holders directly issue written opinions or authorize others to issue them on behalf
Written comments.
(4) Fund share holders or entrusted representatives who directly issue written opinions in Item (3) above
The agent who gives written opinions, the certificate of holding fund units submitted at the same time, and the trustee who gives written opinions
The certificate issued by the agent that the principal holds fund shares and the certificate of proxy voting authorization of the principal
Comply with the provisions of laws and regulations, fund contract and meeting notice, and conform to the records of the registration authority.
3. With the permission of laws, regulations and regulatory authorities, the notice of the meeting states that the funds of the Fund
Unit holders may also authorize their agents to attend the general meeting of fund unit holders by other non written means. stay
In terms of the way of holding the meeting, the Fund can also adopt other off-site ways or on-site and off-site ways
The general meeting of fund share holders shall be held in a combined way, and the meeting procedures shall be in accordance with on-site meetings and communication methods
The procedure of. Fund share holders or their agents may use written, online, telephone or other means
The specific method of voting shall be determined by the convener of the meeting and listed in the notice of the meeting.
（5） Discussion content and procedure
1. Discussion content and proposal right
The contents of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the fund contract
Decide to terminate the fund contract, change the fund manager, change the fund custodian, merge with other funds
Other matters stipulated in the laws and regulations and the fund contract, as well as the convener of the meeting deems it necessary to submit to the fund unit holders
Other matters discussed at the meeting.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall
It shall be announced in time before the general meeting of fund share holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine and publish
The supervisor shall then read out the proposal by the presider of the meeting, vote after discussion, and form the resolution of the meeting.
The presider of the meeting is the representative authorized by the fund manager to attend the meeting, but the authorized representative of the fund manager fails to preside
In the case of a general meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If authorized by the Fund Manager
If neither the representative nor the authorized representative of the Fund Custodian can preside over the meeting, the Fund Unitholders and
More than half (including half) of the voting rights held by the agent shall elect a fund share holder
As the host of the Fund Unitholders' Meeting. The Fund Manager and the Fund Custodian refuse to attend or
The General Meeting of Fund Unitholders shall not affect the validity of the resolutions made at the General Meeting of Fund Unitholders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and principals
Name (or unit name) and contact information.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the organ.
（6） Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. General resolution, which shall be subject to the form held by the fund share holders or their agents attending the meeting
More than half (including half) of the voting rights are valid only after passing; Except as provided in the second item below
Matters other than those passed by special resolution shall be passed by general resolution.
2. Special resolution, which shall be held by fund share holders or their agents attending the meeting
It can be made only after being approved by more than two-thirds (including two-thirds) of the voting rights. Unless otherwise agreed in the fund contract,
Change the operation mode of the fund, change the fund manager or fund custodian, terminate the fund contract
The merger of other funds shall be effective only when a special resolution is passed.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary when counting votes, submit
The voting for confirming the investor's identity document in accordance with the provisions of the notice of the meeting shall be deemed as effective attendance of investors
Written voting opinions conforming to the provisions of the notice of meeting shall be deemed as valid voting, and the voting opinions are ambiguous or contradictory
The fund share represented by the fund share holder who issued the written opinion shall be counted into the fund share
total.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
（7） Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the General Assembly is based on
Although the fund share holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund management
If the Manager or Fund Custodian fails to attend the meeting, the chairperson of the meeting of Fund Unitholders shall be present at the beginning of the meeting
Later, it was announced that three representatives of fund share holders were elected among the fund share holders present at the meeting to supervise the votes
People. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has any concerns about the voting results submitted
In case of doubt, the number of votes required can be counted again immediately after the announcement of the voting results. The scrutineer shall
Re inventory is limited to one time. After re counting, the presider of the meeting shall announce the re counting on the spot
Point results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the general meeting are in the fund
Supervised by the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
The counting process shall be notarized by the notary office. The Fund Manager or the Fund Custodian refuses to appoint a representative
If the voting table supervises the counting of written voting opinions, it shall not affect the counting and voting results.
（8） Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC within 5 days from the date of adoption
keep on record.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If using
Vote by means of communication. When announcing the resolution of the general meeting of fund share holders, the full text of the notarial certificate
The name of the certification authority and the notary shall be announced together.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective Fund Unitholders
General Assembly resolutions. Effective resolution of the general meeting of fund unit holders on the management of all fund unit holders and funds
Both the trustee and the fund trustee are binding.
（9） Special agreement of the general meeting of fund share holders during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the proportion of relevant fund units or voting rights refers to the holders of main pocket units
The fund shares or voting rights held or represented by and side pocket unit holders respectively conform to such proportion, but if relevant
If the matters to be convened and deliberated at the general meeting of fund share holders do not involve side pocket accounts, they only refer to the main pocket share holders
The fund shares or voting rights held or represented by the Company meet these proportions:
1. The Fund Unitholders need to exercise the right to propose, convene and nominate on behalf of the relevant individual or aggregate representatives
More than 10% (including 10%) of fund shares;
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than that of the Fund in Quanyideng
One half (including one half) of the relevant fund shares on the record date;
3. Fund units that directly issue voting opinions or authorize others to issue voting opinions in correspondence meetings
The fund units held by the holder shall not be less than half (including half) of the relevant fund units on the equity registration date
One);
4. The fund units held by the fund unit holders who participate in the voting of the fund unit holders' meeting are small
One half of the relevant fund units on the equity registration date, and the fund unit holders originally announced by the convener
Fund unit holdings reconvened within 6 months and 3 months after the date of the meeting
The National People's Congress shall have holders representing more than one-third (including one-third) of the relevant fund units participate in or grant
To authorize others to vote at the general meeting of fund share holders;
5. More than 50% of the voting rights of fund share holders and proxies attending the meeting
(50% included) elect a Fund Unitholder as the chairperson of the Fund Unitholder Meeting;
6. General resolutions shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
More than one half (including one half) passed;
7. The special resolution shall be subject to three votes held by the fund share holders or their agents attending the meeting
More than two thirds (including two thirds) passed.
Each fund share in the same main side pocket account has equal voting rights.
（10） This part deals with the causes, conditions, procedures and tables of the general meeting of fund unit holders
Prerequisites and other provisions, which directly refer to laws and regulations, such as the relevant
If the content of this part is cancelled or changed, the fund manager can directly modify and adjust the content of this part after making an announcement in advance
It is unnecessary to convene a general meeting of fund share holders for deliberation.
3、 Fund income and distribution
（1） Principle of fund income distribution
1. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash
Cash dividends or automatically transfer cash dividends to corresponding fund units for reinvestment; If investors do not choose,
The Fund's default income distribution method is cash dividends; If the investor chooses to reinvest dividends, the minimum holding period is
The period shall be calculated according to the original recognition date corresponding to the share, and shall not be recalculated according to the recognition date of dividend reinvestment;
2. After the distribution of fund income, the net value of any type of fund unit cannot be lower than the par value, that is, the fund income distribution base
The net value of any type of fund unit on the benchmark date shall not be less than
Face value;
3. Since Class A fund units of the Fund do not charge sales service fees, while Class C fund units are charged for cancellation
Selling service fee, the distributable profits corresponding to each fund unit category may be different, and this fund is of the same category
Each fund unit of has the same distribution right;
4. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Under the condition that there is no material adverse effect on the interests of fund share holders, the fund manager may
Under the premise of anti laws and regulations, and after performing appropriate procedures as required by the regulatory authorities, adjust the fund income points as appropriate
In principle, this adjustment does not need to convene a general meeting of fund share holders, but should be made before the implementation date of the change
Media announcements.
（2） Income distribution scheme
The fund income distribution plan shall specify the distributable profits and fund receipts as of the base date of income distribution
The distribution object, distribution time, distribution amount and proportion, distribution method, etc.
（3） Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian
The relevant provisions of the Information Disclosure Measures are announced in the specified media.
（4） Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. When
When the investor's cash dividend is less than a certain amount and is insufficient to pay bank transfer or other handling fees, register
The institution may automatically convert the cash dividends of fund share holders into
Fund units of the same category. The calculation method of dividend reinvestment shall be implemented in accordance with the Business Rules.
（5） Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not be used for income distribution. See the prospectus for details
Definitely.
4、 Fund expenses
（1） Management fee of fund manager
The fund management fee is accrued at an annual fee rate of 1.50% of the net asset value of the fund on the previous day. The calculation method is as follows:
H ＝ E × 1.50% ÷ 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 accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian
According to the financial data consistent with the fund manager, the designated
The fund manager does not need to issue a fund transfer instruction for fund payment through the account path. In case of legal holidays
If the payment cannot be made on time due to public holidays or force majeure, the payment date shall be postponed to the latest payable date.
（2） Custody fees of the Fund Custodian
The fund custody fee is accrued at the annual fee rate of 0.25% of the net asset value of the fund on the previous day. The calculation method is as follows:
H=E × 0.25% ÷ 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 accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian
According to the financial data consistent with the fund manager, the designated
The fund manager does not need to issue a fund transfer instruction for fund payment through the account path. In case of legal holidays
If the payment cannot be made on time due to public holidays or force majeure, the payment date shall be postponed to the latest payable date.
（3） Sales service fees for Class C fund units
The sales service fee for Class C fund units shall be 0.80% of the net asset value of Class C fund units on the previous day
Accrual. The calculation method is as follows:
H ＝ E × 0.80% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
The fund sales service fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian
According to the financial data consistent with that of the fund manager, automatically within five working days at the beginning of the next month
The fund manager does not need to issue a fund transfer instruction. In case of legal holidays
If the payment cannot be made on time due to force majeure, the payment date shall be postponed to the latest payable date.
Class C fund unit sales service fee is mainly used for the continuous sale of the Fund and the service of fund unit holders
Various expenses such as service fees.
（4） 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 failure to perform or fail to fully perform their obligations or
Loss of 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 takes effect;
4. Other items that may not be included in the fund fees according to relevant laws and regulations and the relevant provisions of the CSRC
Objective.
（5） Fund expenses during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the expenses related to the side pocket account can be disbursed from the side pocket account, but
It can be disbursed only after the assets of the side pocket account are realized, and the relevant fees can be charged or reduced as appropriate, but cannot be charged
See the provisions of the Prospectus for details of fee management.
5、 Investment direction and investment restrictions of the Fund assets
（1） Investment objectives
Under the premise of strictly controlling portfolio risk and maintaining good liquidity, focus on investment in domestic demand value theme
Relevant high-quality listed companies strive to achieve long-term stable appreciation of fund assets.
（2） Investment scope
The investment objects of the Fund are financial instruments with good liquidity, including those issued and listed in China according to law
Stocks (including SME board, GEM and other stocks approved by the CSRC for listing), depositary receipts
Stock listed on the Stock Exchange of Hong Kong allowed to be traded under the trading interconnection mechanism between the mainland and Hong Kong stock markets
(Hereinafter referred to as "Hong Kong Stock Standard Shares"), bonds (including national debt, central bank bills, local government bonds
Long term financing bonds, ultra short term financing bonds, medium-term notes, financial bonds, corporate bonds, corporate bonds, and corporate development
Subordinated bonds, convertible corporate bonds (including separable trading convertible bonds), exchangeable corporate bonds, etc
Industry backed securities, bond repurchase, bank deposits, inter-bank certificates of deposit, money market instruments, stock index futures, national debt
Futures, stock options and other financial instruments permitted by laws and regulations or the CSRC to be invested by the Fund (provided that
In accordance with 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 shall perform appropriate
After the procedure, it can be included in the scope of investment.
The proportion of investment in the Fund's shares and depositary receipts in the Fund's assets is 60% – 95% (including investment in Hong Kong
The proportion of shares in the general target stock does not exceed 50% of the stock assets), and the Fund's investment is related to the theme of domestic demand value
The proportion of securities shall not be less than 80% of non cash fund assets. At the end of each trading day, deduct stock index futures
After the transaction margin required to be paid for debt futures and stock option contracts, cash or the policy with maturity within one year
Government bonds shall not be less than 5% of the net asset value of the fund, of which cash does not include settlement provisions, deposits
Receivable subscription amount, etc.
The investment proportion of stock index futures, treasury bond futures and stock options shall be in accordance with laws and regulations or the provisions of regulatory authorities
Execution. If laws and regulations or the CSRC change the investment proportion limit of investment varieties, the fund manager shall
After performing appropriate procedures, the investment proportion of the above investment varieties may be adjusted.
（3） Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The Fund's investment in shares and depositary receipts accounts for 60% – 95% of the Fund's assets (including
The proportion of shares invested in Hong Kong Stock Standard shall not exceed 50% of stock assets
The proportion of relevant securities shall not be less than 80% of non cash fund assets;
(2) At the end of each trading day, the Fund deducts stock index futures contracts, treasury bond futures contracts and stock futures
After the transaction margin required to be paid for the rights contract, it shall be kept no less than 5% of the net asset value of the fund in cash or until
Government bonds with a maturity of less than one year, of which cash does not include provisions for settlement, deposits and receivables
Subscription amount, etc;
(3) The market value of securities (including depositary receipts) issued by a company held by the Fund (the same company
A+H shares listed simultaneously by the company in the domestic and Hong Kong markets shall not exceed 10% of the net asset value of the fund;
(4) All funds managed by the Fund Manager hold securities issued by a company (including depositary receipts,
A+H shares of the same company listed in the domestic and Hong Kong markets), not more than
10％；
(5) 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;
(6) The market value of all asset-backed securities held by the Fund shall not exceed the net asset value of the Fund
20％；
(7) 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;
(8) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(9) 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 be re evaluated
All of them will be sold within 3 months from the date of release of the level report;
(10) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(11) 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 gold, and the maximum term of bond repo in the national inter-bank market is one year,
No extension is allowed after the maturity of bond repurchase;
(12) The Fund's participation in the trading of stock index futures and treasury bond futures shall comply with the following investment proportion restrictions:
1) At the end of any trading day, the value of the stock index futures contracts purchased held shall not exceed the fund assets
10% of net worth;
2) At the end of any trading day, the value of purchased stock index futures and treasury bond futures contracts and securities held
The sum of the market value of securities shall not exceed 95% of the net asset value of the fund, of which, securities refer to stocks (including depositary receipts
Securities), bonds (excluding government bonds with a maturity of less than one year), asset-backed securities, redemptory finance for sale
Assets (excluding pledge repurchase), etc;
3) At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed
20% of the total market value of shares (including depositary receipts);
4) The trading amount of stock index futures contracts traded (excluding closing positions) in any trading day shall not exceed
20% of the net asset value of the Fund on the previous trading day;
5) The market value of stocks (including depositary receipts) held by the Fund and the value of stock index futures contracts bought and sold,
The total (offset calculation) shall comply with the relevant provisions of the fund contract on the investment proportion of stocks and depositary receipts;
Market value of bonds held by the Fund (excluding government bonds with a maturity of less than one year) and countries of purchase and sale
The total value of bond futures contracts (netting calculation) shall comply with the relevant provisions of the fund contract on the proportion of bond investment
appointment;
6) At the end of any trading day, the value of treasury bond futures contracts held shall not exceed the fund assets
15% of net worth;
7) At the end of any trading day, the value of the futures contracts for selling treasury bonds held by the Fund shall not exceed the value of the futures contracts for selling treasury bonds held by the Fund
30% of the total market value of bonds;
8) The trading amount of treasury bond futures contracts traded (excluding closing positions) in any trading day shall not exceed
30% of the net asset value of the Fund on the previous trading day;
(13) The Fund's participation in stock option trading shall comply with the following investment proportion restrictions:
1) The total amount of premium paid and received by the Fund due to open position option contracts shall not exceed the fund assets
10% of net worth;
2) Where the Fund opens positions to sell call options, it shall hold sufficient underlying securities; Open put option
Should hold the full amount of cash required for contract exercise or the cash that can be offset against the option margin recognized by the rules of the Exchange
Gold equivalents;
3) The par value of the option contracts with open positions of the Fund shall not exceed 20% of the net asset value of the Fund. Wherein
The nominal value is calculated by multiplying the exercise price by the contract multiplier;
(14) The total assets of the Fund shall not exceed 140% of the net assets of the Fund;
(15) All open-ended funds managed by the Fund Manager (including open-ended funds and open funds
Holding tradable shares issued by a listed company, not exceeding
15% of outstanding shares; All investment portfolios managed by the Fund Manager hold the shares issued by a listed company
The number of tradable shares shall not exceed 30% of the tradable shares of the listed company;
(16) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the fund contract
bring into correspondence with;
(17) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net asset value of the Fund
15%. Due to fluctuations in securities and futures markets, suspension of listed company shares, changes in fund size, etc
If the Fund does not meet the proportion limit specified in the preceding paragraph due to factors other than the Manager, the Fund Manager shall not be the winner
Investment in newly increased liquidity restricted assets;
(18) Other investment proportion restrictions stipulated by laws and regulations and the CSRC.
Except for items (2), (9), (16) and (17)
In addition, the fund investment proportion does not meet the above requirements due to factors other than the fund manager, such as fund size changes
The fund manager shall make adjustment within 10 trading days in case of capital ratio, but
Except in special circumstances.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall comply with
The Fund Agreement. The Fund Custodian's supervision and inspection of the Fund's investment has taken effect since the Fund Agreement came into force
Starting from. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Laws and regulations or regulatory authorities cancel or adjust the above restrictions. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or in accordance with the adjusted provisions. Such as this
The Fund shall increase its investment varieties, and the investment restrictions shall be subject to the laws and regulations and the provisions of the CSRC.
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, unless 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.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the controller or a company with a significant stake in it or securities underwritten during the underwriting period, or
Those engaged in other major related party transactions shall comply with the Fund's investment objectives and investment strategies, and follow the Fund's
The principle of giving priority to the interests of share holders, preventing conflicts of interest, establishing and improving the internal approval mechanism and evaluation mechanism,
Implement according to fair and reasonable market price. Relevant transactions must be approved by the Fund Custodian in advance, and
The laws and regulations are disclosed. Major related party transactions shall be submitted to the Board of Directors of the Fund Manager for review, and two thirds of them shall pass
The above independent directors passed. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
If laws, administrative regulations or regulatory authorities cancel or adjust the above prohibitive provisions, if applicable to the Fund,
The Fund Manager may, after performing the appropriate procedures, not be restricted by the above provisions or follow the adjusted provisions.
6、 Calculation method and announcement method of fund net asset value
（1） Calculation method of fund net asset value
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
（2） Announcement method of fund net asset value
After the Fund Contract comes into force and before starting to handle the subscription or redemption of fund units, the Fund Manager shall
Disclose the net value of various fund units and the accumulated net value of fund units less than once a week on the specified website.
After starting to handle the subscription or redemption of fund units, the fund manager shall
On the next day of, disclose all kinds of funds on the open day through the specified website, fund sales agency website or business outlets
Net value of units and cumulative net value of fund units.
The Fund Manager shall disclose the information on the prescribed website no later than the next day after the last day of the half year and the year
Net value of various fund units and accumulated net value of fund units on the year and the last day of the year.
7、 Change and Termination of Fund Contract and Liquidation of Fund Assets
（1） Change of Fund Contract
1. The change of the fund contract involves the provisions of laws and regulations or the fund contract shall be approved by the fund share holders
If a resolution is passed at the meeting, a general meeting of fund unit holders shall be convened to pass the resolution. For laws and regulations
The Fund Manager and the Fund
The change shall be announced after the approval of the custodian and reported to the CSRC for filing.
2. The resolution of the general meeting of fund share holders on the change of the fund contract shall not be implemented until it comes into effect
The meeting shall be announced in the specified media within 2 days after it takes effect.
（2） Reasons for termination of the Fund Agreement
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the fund contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
（3） Liquidation of fund assets
1. Fund assets liquidation group: established within 30 working days from the date of the termination of the fund contract
The liquidation group and the fund manager shall organize the fund assets liquidation group and conduct the fund under the supervision of the CSRC
Liquidation.
2. Composition of the Fund Assets Liquidation Team: the Fund Manager and the Fund Custodian are the members of the Fund Assets Liquidation Team
Custodians, certified public accountants and lawyers with securities and futures related business qualifications, and those designated by the CSRC
Personnel composition. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Agreement, the Fund Assets Liquidation Team shall take over the Fund Assets in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets shall not exceed 6 months, but the liquidity of the securities held by the Fund is subject to
If the liquidation cannot be realized in time due to limitation, the liquidation period shall be postponed accordingly.
（4） Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation
The liquidation expenses shall be paid by the fund assets liquidation group from the remaining assets of the fund in priority.
（5） Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the Fund assets from the Fund according to the distribution plan for the liquidation of the Fund assets
The fund held by the fund share holder shall be subject to the liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion.
（6） Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The liquidation report of the fund assets is in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted
The CSRC shall record and announce. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report for filing
The Fund Assets Liquidation Group shall make a public announcement within 5 working days after the case, and the Fund Assets Liquidation Group shall liquidate
The report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper.
（7） Preservation of fund assets liquidation books and documents
The fund asset liquidation account book and relevant documents shall be kept by the fund custodian not less than
Low deadlines.
8、 Dispute resolution and applicable law
The parties agree that all disputes arising from or in connection with the Fund Contract, if arising from
If the dispute cannot be settled through consultation within 60 days from the date one party proposes to settle the dispute through consultation in writing, it shall be submitted
China International Economic and Trade Arbitration Commission shall conduct arbitration in accordance with the Commission's arbitration rules in effect at that time
The arbitration award is final and binding on all parties concerned. Unless otherwise awarded by arbitration
The arbitration fee shall be borne by the losing party.
During the dispute settlement period, the parties to the fund contract shall abide by their respective duties and continue to be faithful, diligent and responsible
To perform the obligations specified in the Fund Contract and safeguard the legitimate rights and interests of the Fund Unitholders.
The Fund Contract is applicable to the People's Republic of China (excluding Hong Kong Special Administration for the purpose of this Fund Contract
Region, Macao Special Administrative Region and Taiwan Region) and shall be interpreted accordingly.
9、 Depository of fund contracts and ways for investors to obtain contracts
The fund contract can be printed in a volume for investors to conduct business in the fund manager, fund custodian and sales agency
Inspection of public places and business places.
(This page is the signature page of the Contract of Zhongrong Domestic Demand Value One year Holding Period Hybrid Securities Investment Fund, without text)
Fund manager: Zhongrong Fund Management Co., Ltd. (seal)
Legal representative or authorized representative:
Fund Custodian: China Construction Bank Corporation (seal)
Legal representative or authorized representative:
Signed at: Beijing
Signed on: