Debang Ruifeng Bond Securities Investment Fund
Escrow Agreement
Fund Manager: Deppon Fund Management Co., Ltd
Fund Custodian: Hengfeng Bank Co., Ltd
November, 2011
catalog
1、 Parties to the Fund Custody Agreement 1-1
2、 Basis, purpose and principle of the Fund Custody Agreement 2-1
3、 The Fund Custodian's business supervision and verification of the Fund Manager 3-1
4、 The Fund Manager's business verification of the Fund Custodian 4-1
5、 Custody of Fund Assets 5-1
6、 Sending, confirmation and execution of instructions 6-1
7、 Transaction, clearing and settlement arrangements 7-1
8、 Calculation and accounting of the net asset value of the fund 8-1
9、 Fund income distribution 9-1
10、 Fund information disclosure 10-1
11、 Fund expenses 11-1
12、 Custody of the Register of Fund Unitholders 12-1
13、 Preservation of Fund related documents and archives 13-1
14、 Replacement of Fund Manager and Fund Custodian 14-1
15、 Prohibited acts 15-1
16、 Change and termination of custody agreement and liquidation of fund assets 16-1
17、 Liability for breach of contract 17-1
18、 Dispute resolution method 18-1
19、 Effectiveness of the Escrow Agreement 19-1
20、 Other matters 20-1
21、 Signing of Escrow Agreement 21-1
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Whereas Deppon Fund Management Co., Ltd. is a legally established and validly existing limited company in accordance with Chinese laws
The responsible company has the qualification and ability to act as the fund manager in accordance with the relevant laws and regulations;
Whereas Hengfeng Bank Co., Ltd. is a bank legally established and validly existing in accordance with the laws of China,
Having the qualification and ability to act as the Fund Custodian in accordance with relevant laws and regulations;
Whereas Deppon Fund Management Co., Ltd. plans to serve as the fund management of Deppon Ruifeng Bond Securities Investment Fund
Hengfeng Bank Co., Ltd. plans to act as the fund custodian of Deppon Ruifeng Bond Securities Investment Fund;
To clarify the rights between the Fund Manager and the Fund Custodian of Deppon Ruifeng Bond Securities Investment Fund
This Custody Agreement is hereby formulated for the obligation relationship;
Unless otherwise agreed, Deppon Ruifeng Bond Securities Investment Fund Contract (hereinafter referred to as "the Fund")
The terms defined in the Contract shall have the same meaning when used in this Escrow Agreement; In case of any conflict, the fund
The Contract shall prevail and be interpreted in accordance with its terms.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
1、 Parties to the Fund Custody Agreement
（1） Fund manager
Name: Deppon Fund Management Co., Ltd
Address: Unit 503B, No. 501, Dongdaming Road, Hongkou District, Shanghai
Office address: Unit 2101-2106, Building S1, No. 600, Zhongshan Second Road, Huangpu District, Shanghai
Legal representative: Zuo Chang
Time of establishment: March 27, 2012
Approved by: China Securities Regulatory Commission
Establishment Approval No.: ZJXK [2012] No. 249
Business scope: fund raising, fund sales, specific customer asset management, asset management and China Securities Regulatory Commission
Other businesses that will be licensed
Registered capital: 590 million yuan
Organizational form: limited liability company
Duration: continuous operation
（2） Fund Custodian
Name: Hengfeng Bank Co., Ltd
Registered address: No. 8, Luoyuan Avenue, Lixia District, Jinan
Office address: Floor 16, No. 88 Kaiping Road, Huangpu District, Shanghai
Postal code: 200023
Legal representative: Chen Ying
Date of establishment: November 23, 1987
Approval No. of fund custody business: CSRC ZJXK [2014] No. 204
Organizational form: limited liability company
Registered capital: RMB 111209629836
Duration: continuous operation
Business scope: absorbing RMB deposits; Issue short-term, medium-term and long-term loans; Settlement; handle
Bill discount; Issuing financial bonds, issuing, cashing and underwriting government bonds as agents; Buying and selling government bonds;
Interbank borrowing; Provide credit requisition service and guarantee; Agency collection and payment; Provide custody services; Foreign exchange deposit;
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Foreign exchange loans; Foreign exchange remittance; Foreign currency exchange; International settlement; Interbank foreign exchange borrowing; Acceptance and
Discount; Foreign exchange borrowing; Foreign exchange guarantee; Settlement and sales of foreign exchange; Foreign currency value other than issuing and acting as agent for issuing shares
negotiable securities; Buying and selling foreign currency securities other than stocks; Self operated foreign exchange trading; Foreign exchange trading on behalf of customers;
Credit investigation, consultation and witness business.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
2、 Basis, purpose and principle of fund custody agreement
（1） Basis for entering into custody agreement
This agreement is based on the Securities Investment Fund Law of the People's Republic of China (hereinafter referred to as the "Fund Law")
Provisions on Liquidity Risk Management of Open ended Securities Investment Funds by Public Offering and other relevant laws and regulations
And other relevant provisions.
（2） Purpose of entering into custody agreement
The purpose of entering into this Agreement is to clarify the custody
Rights and obligations in investment operation, net value calculation, income distribution, information disclosure, mutual supervision and other related matters
And responsibilities to ensure the safety of fund assets and protect the legitimate rights and interests of fund share holders.
（3） Principles for entering into custody agreement
The Fund Manager and the Fund Custodian shall fully protect the holding of fund shares on the basis of equality, voluntariness, honesty and credibility
This agreement is signed based on the principle of legal rights and interests of the people.
If the Fund implements the side pocket mechanism, please refer to the fund contract and recruitment for relevant arrangements during the implementation of the side pocket mechanism
Specification.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
3、 The Fund Custodian's business supervision and verification of the Fund Manager
（1） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the Fund Contract
The scope and object of investment shall be supervised. The Fund Contract clearly stipulates the investment style of the Fund or the subject matter of securities selection
If applicable, the Fund Manager shall provide the investment variety pool in the format required by the Fund Custodian for the purpose of fund custody
Whether the actual investment of the fund by the person using the relevant technical system conforms to the securities selection criteria in the Fund Contract
To supervise and check the doubtful matters.
The Fund's investment scope covers financial instruments with good liquidity, including bonds (including national debt, central bank
Bank notes, financial bonds, corporate bonds, corporate bonds, publicly issued subordinated bonds, local government bonds, medium-term notes
Data, short-term financing bonds, ultra short-term financing bonds, etc.), asset-backed securities, bond repurchase, interbank deposit receipts, banks
Deposits, money market instruments and other financial instruments permitted by laws and regulations or the CSRC to be invested by funds
(subject to the relevant provisions of the CSRC).
The Fund does not buy equity assets such as stocks, nor invest in convertible bonds and exchangeable bonds.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager shall perform the following duties:
After the procedure, it can be included in the scope of investment.
The proportion of the Fund's investment portfolio: the proportion of the Fund's investment in bond assets shall not be less than 80% of the Fund's assets.
The total proportion of cash held by the Fund or government bonds with maturity within one year shall not be less than the net assets of the Fund
5% of the value, of which cash does not include settlement provisions, deposits and subscription receivables. Such as laws and regulations
Or the CSRC changes the proportion limit of the above investment varieties, which shall be subject to the changed proportion
After performing appropriate procedures, the investment proportion of the Fund will be adjusted accordingly.
（2） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the Fund Contract
The proportion of investment and financing shall be supervised. The Fund Custodian shall supervise according to the following proportion and adjustment period:
(1) The proportion of the Fund's investment in bond assets shall not be less than 80% of the Fund's assets;
(2) The total proportion of cash held by the Fund or government bonds with maturity within one year shall not be less than
5% of the net asset value of gold, of which cash does not include settlement provisions, deposits and purchase receivables;
(3) The Fund holds securities issued by a company whose market value does not exceed 10% of the net asset value of the Fund;
(4) All funds managed by the Fund Manager hold securities issued by one company, which shall not exceed
10%, and the fund varieties that invest in securities in full accordance with the composition proportion of the relevant index may not be subject to this provision
Fixed proportion limit;
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
(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 net asset value;
(6) The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
(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) Various asset support certificates of all funds managed by the Fund Manager invested in the same original equity holder
Securities shall not exceed 10% of the total size of its various types of 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 maximum term for the Fund to enter the national inter-bank market for bond repurchase is one year
No extension is allowed after the maturity of the repurchase of bonds;
(11) The fund balance of the Fund's bonds under repurchase or reverse repurchase shall not exceed the fund balance of the previous day
40% of net asset value;
(12) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net assets of the Fund
15% of the value; Discrepancy of funds due to factors other than fund managers such as fluctuations in the securities market and changes in fund size
If the proportion is limited, the Fund Manager shall not actively increase the investment of liquidity restricted assets;
(13) 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;
(14) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund;
(15) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
Except for items (2), (9), (12) and (13) above, due to fluctuations in the securities market, merger of securities issuers
The fund investment ratio does not meet the above specified investment ratio due to factors other than the fund manager, such as fund size change
For example, the fund manager should make adjustment within 10 trading days, but under special circumstances as stipulated by the CSRC
except. If laws and regulations or regulatory agencies have other provisions, such provisions shall prevail.
The Fund Manager shall, within six months from the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the fund contract. During the above period, the investment scope and investment strategy of the Fund shall conform to the basic
The agreement of the gold contract. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of the Fund Agreement
Start.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
If laws and regulations or regulatory authorities change the above portfolio proportion limit
The regulations shall prevail. Laws and regulations or regulatory authorities cancel the above restrictions. If applicable to the Fund, the Fund Manager shall
After performing appropriate procedures, the Fund's investment will no longer be subject to relevant restrictions.
（3） The Fund Custodian, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract
Article 15 (9) of the Management Agreement The prohibited acts of fund investment shall be supervised by means of post supervision.
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 investment objectives and investment strategies of the Fund, and follow the
The principle of giving priority to the interests of shareholders, 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 in accordance with the law
Disclosure of regulations. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review, and shall be subject to two thirds
Approved by the independent directors on. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
The Fund Manager and the Fund Custodian shall act in accordance with the provisions of laws and regulations on the Fund's engaging in connected transactions
First provide each other with the names of shareholders who have a controlling relationship with this institution or companies who have other major interests with this institution
List and its update, and ensure the authenticity, integrity and comprehensiveness of the list of connected transactions provided. Fund management
The manager is responsible for keeping a true, complete and comprehensive list of connected transactions and updating the list in a timely manner.
If the Fund Custodian finds that the Fund Manager has made related transactions with the related parties listed in the list of related transactions
In case of easy violation of laws and regulations, the Fund Custodian shall timely remind and assist the Fund Manager to take necessary measures
Prevent the occurrence of the related party transaction, if the fund custodian still cannot prevent the occurrence of the related party transaction after taking necessary measures
The Fund Custodian shall have the right to report to the CSRC. For the illegal connected transactions that have been transacted on the exchange floor,
The Fund Custodian shall settle accounts in accordance with the relevant laws and regulations and the rules of the Exchange, and shall report to the CSRC
presentation.
（4） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the Fund Contract
The management participates in the supervision of the inter-bank bond market. The Fund Manager shall report to the Fund
The Custodian provides inter-bank bonds that comply with laws, regulations and industry standards, have been carefully selected and are applicable to the Fund
List of counterparties in the securities market, and agree on the transaction settlement method applicable to each counterparty. The Fund Manager shall
Select counterparties in the inter-bank bond market in strict accordance with the scope of the list of counterparties. Fund Custodian Supervision
Whether the fund manager cashes non bond funds according to the list of counterparties in the inter-bank bond market provided in advance (non
DVP) transactions. The fund manager can check the list of counterparties in the inter-bank bond market and the settlement method every six months
Line update. The unsettled transactions with the eliminated counterparties before the confirmation of the new list should still be
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Settle according to the agreement. If the fund manager needs to temporarily adjust the inter-bank bond market delivery according to the market situation
If the list of counterparties and the settlement method are changed, the reason should be explained to the fund custodian, and the transaction with the counterparty should be
Negotiate with the Fund Custodian within the first three working days.
The fund manager is responsible for controlling the credit standing of the counterparty, which is carried out according to the trading rules of the inter-bank bond market
Transaction, and be responsible for resolving disputes and losses caused by the counterparty's failure to perform the contract. The Fund Custodian will not accept
Bear any legal liability and loss caused thereby. If the non performing counterparty is in the custody of the fund
If the Fund Manager has not undertaken the liability for breach of contract and other relevant legal liabilities before the time determined by the Manager, the Fund Manager may
Corresponding losses shall be borne first, and then recovered from relevant counterparties. The Fund Custodian shall provide necessary
Assistance and cooperation. The Fund Custodian shall supervise the performance of the contract according to the transaction sheet of the inter-bank bond market.
If the Fund Custodian discovers that the Fund Manager has not conducted the transaction according to the counterparty or transaction method agreed in advance
During the transaction, the Fund Custodian shall timely remind the Fund Manager that the Fund Custodian will not bear any liability arising therefrom
Loss and liability.
（5） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the Fund Contract
Calculation of net asset value, calculation of net asset value of various fund units, receipt of funds receivable, confirmation of fund expenses and income
Supervise and verify the fund performance data published in the fund income distribution and relevant information disclosure.
If the manager prints false performance data on promotional materials without the approval of the custodian
The custodian will not bear any responsibility for this and will report to the CSRC immediately upon discovery.
（6） The Fund Custodian finds that the above matters, investment instructions or actual investment operation of the Fund Manager violate
Anti laws and regulations, the Fund Contract and this Custodian Agreement shall be reminded by phone or in writing in a timely manner
By notifying the fund manager to make corrections within a time limit. The Fund Manager shall actively cooperate with and assist the Fund Custodian in its supervision
And verification. After receiving the written notice, the Fund Manager shall check it in time before the next working day and send it to
The Fund Custodian sends a reply letter to explain or provide evidence on the reasonable doubts of the Fund Custodian and explain the reasons for the violation
And the correction period, and ensure timely correction within the specified period. The Fund Custodian has
Right to review the notice at any time and urge the fund manager to correct. Fund Manager to Fund Custodian
The Fund Custodian shall report to the CSRC if the violation is not corrected within the time limit.
（7） The Fund Manager has the obligation to cooperate with and assist the Fund Custodian in accordance with laws, regulations and the Fund Contract
And this Custodian Agreement. The Fund Manager shall issue a written notice to the Fund Custodian
It shall reply and correct within the specified time, or explain or provide evidence on the reasonable doubts of the Fund Custodian; Para base
The Fund Custodian shall, in accordance with the requirements of laws and regulations, the Fund Contract and this Custodian Agreement, submit to the CSRC
The Fund Manager shall actively cooperate in providing relevant data, information and systems on matters reported by the Financial Supervisory Committee.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
（8） If the Fund Custodian finds that the instructions of the Fund Manager that have become effective in accordance with the trading procedures violate the law
Administrative regulations and other relevant provisions, or in violation of the Fund Contract, shall be immediately written or
The Fund Manager shall be notified in other ways agreed by both parties, and the losses caused thereby shall be borne by the Fund Manager.
（9） If the Fund Custodian finds that the Fund Manager has major violations, it shall report to the CSRC in a timely manner,
At the same time, the Fund Manager shall be notified to correct within a time limit, and the results of the correction shall be reported to the CSRC. Fund manager is unoriginal
Refusing or obstructing the Fund Custodian to exercise its supervision right in accordance with the provisions of this Custodian Agreement, or delaying
Fraud and other means prevent the Fund Custodian from carrying out effective supervision, and the circumstances are serious or the Fund Custodian still warns
If it fails to make corrections, the Fund Custodian shall report to the CSRC.
（10） The Fund Custodian shall comply with the provisions of relevant laws and regulations and the provisions of the Fund Contract and the Prospectus
Review and supervise the implementation of side pocket mechanism, specific asset disposal and information disclosure.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
4、 The Fund Manager's business verification of the Fund Custodian
（1） The Fund Manager shall check the performance of the custodian duties of the Fund Custodian, including
The Fund Custodian is required for the safe custody of the Fund assets, the opening of fund accounts, securities accounts and other investments of the Fund assets
Account, review the net asset value of the fund and the net value of various fund units calculated by the fund manager
To order clearing and settlement, relevant information disclosure and supervision of fund investment operation.
（2） The Fund Manager discovers that the Fund Custodian misappropriates the Fund assets without authorization and fails to distribute the Fund assets
Account management, failure to execute or unreasonably delayed execution of fund manager's fund transfer instructions, disclosure of fund investment information, etc
Violation of the Fund Law, the Fund Contract, this Agreement and other relevant provisions shall be notified in writing in a timely manner
The Fund Custodian shall make corrections within a time limit. After receiving the notice, the Fund Custodian shall check it in a timely manner and give it to the Fund Custodian in writing
The manager sends a reply, stating the reasons for the violation and the time limit for correction, and guarantees to correct in time within the specified time limit. On
Within the prescribed period, the Fund Manager has the right to review the notice at any time and urge the Fund Custodian to make corrections.
The Fund Custodian shall actively cooperate with the Fund Manager in its verification activities, including but not limited to: submitting relevant materials to
For the Fund Manager to verify the integrity and authenticity of the custody property, reply to the Fund Manager within the specified time and
Correction.
（3） If the Fund Manager finds that the Fund Custodian has major violations, it shall report to the CSRC in a timely manner,
At the same time, the Fund Custodian shall be notified to make corrections within a time limit, and the correction results shall be reported to the CSRC. The fund custodian is unoriginal
Refuse or obstruct the Fund Manager to exercise the supervision right according to the provisions of this Agreement, or delay or cheat for any reason
And other means to prevent the Fund Manager from carrying out effective supervision, and the circumstances are serious or the Fund Manager still refuses to correct after giving a warning
If yes, the fund manager shall report to the CSRC.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
5、 Custody of fund assets
（1） Principles of Fund Property Custody
1. The Fund property shall be independent of the inherent property of the Fund Manager and the Fund Custodian.
2. The Fund Custodian shall keep the Fund assets in a safe manner, but shall not place them outside the actual control of the Fund Custodian
Account or property liability.
3. The Fund Custodian shall open the fund account, securities account and other investment requirements of the Fund assets in accordance with the provisions
Accounts.
4. The Fund Custodian shall set up separate accounts for different fund assets under its custody to ensure the integrity of the fund assets
And independence.
5. The Fund Custodian shall keep the Fund assets in accordance with the Fund Contract and this Agreement, in case of any special circumstances
The situation can be settled by both parties through negotiation. Without the instruction of the fund manager, the fund custodian shall not use or handle
Distribute and distribute any assets of the Fund (excluding the Fund Custodian's liability under China Securities Depository and Clearing Co., Ltd
The company's settlement data completes the settlement of over-the-counter transactions, the adjustment of two funds, and the deduction of settlement fees and accounts by the deposit bank of custody assets
Household maintenance fees).
6. The fund manager shall be responsible for confirming the assets receivable arising from the fund investment with the relevant parties
Set the date of receipt and notify the fund custodian that if the fund property does not reach the fund account on the date of receipt, the fund shall be placed in custody
The Fund Manager shall timely notify the Fund Manager to take measures for collection. If losses are caused to the fund property, the fund
The Manager shall be responsible for recovering the loss of the Fund property from the relevant parties, and the Fund Custodian shall not be liable for this
However, necessary assistance and cooperation shall be provided.
7. Except in accordance with laws and regulations and the Fund Contract, the Fund Custodian shall not entrust a third party to entrust
Manage the fund property.
（2） Fund raising period and capital verification of raised funds
1. The funds raised during the fund raising period shall be deposited with the fund manager in a commercial bank with custody qualification
A "special account for fund raising" was established. The account shall be opened and managed by the fund manager.
2. The total amount of fund units raised, the amount of fund raised
After the number of fund unit holders meets the relevant provisions of the Fund Law and the Operation Measures, the Fund Manager shall
Transfer all funds belonging to the fund property into the fund custody account opened by the fund custodian, and
During the period, an accounting firm conforming to the provisions of the Securities Law of the People's Republic of China was hired to verify the capital and issue
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Capital verification report. The capital verification report issued shall be signed by 2 or more Chinese certified public accountants participating in the capital verification
Is valid.
3. If the Fund Raising Period expires and the conditions for the Fund Contract to become effective are not met, the Fund Manager shall
The Fund Custodian shall provide necessary assistance or cooperation in handling refund and other matters as required.
（3） Opening and management of fund custody account
1. The Fund Custodian shall open a fund custody account in its business institution in the name of the Fund, and
The fund manager shall handle the receipt and payment of funds according to the legal and compliant instructions.
2. The opening and use of the fund custody account shall be limited to meet the needs of conducting the fund business. Fund Custody
The Fund Manager and the Fund Manager shall not open any other bank account in the name of the Fund; Nor use the fund
To conduct activities other than the business of the Fund.
3. The opening and management of the fund custody account shall comply with the relevant provisions of the banking regulatory authority.
4. Under the conditions of compliance with laws and regulations, the Fund Custodian can use the special account of the Fund Custodian
Handle the payment of fund assets.
（4） Opening and management of fund securities account and settlement provision account
1. The Fund Custodian in China Securities Depository and Clearing Corporation Limited Shanghai Branch and Shenzhen Branch
The Fund shall open a securities account.
2. The opening and use of the Fund's securities account shall be limited to meeting the needs of conducting the Fund's business. Gikinto
The custodian and the fund manager shall not lend or transfer any securities account of the fund without the consent of the other party, nor shall they
Any account of the Fund may be used for activities other than the business of the Fund.
3. The fund custodian shall be responsible for the opening and change of the fund securities account and the safekeeping of the securities account card
The Fund Manager shall be responsible for the management and application of assets.
The opening fee of the securities account shall be borne by the Fund's assets
If the account opening fee cannot be deducted, the fund manager shall pay it in advance.
4. The Fund Custodian shall open a settlement in the name of the Fund Custodian in China Securities Depository and Clearing Co., Ltd
Calculate the reserve account, and on behalf of the funds under its custody, complete a contract with China Securities Depository and Clearing Co., Ltd
The Fund Manager shall actively assist in the liquidation of legal persons at the level of. Settlement reserve, settlement mutual insurance fund, payment
The collection of price difference funds shall be carried out in accordance with the provisions of China Securities Depository and Clearing Corporation Limited.
5. If the CSRC or other regulatory authorities allow the Fund to engage in other activities after the date of this Custody Agreement
If the investment business of investment varieties involves the opening and use of relevant accounts, if there are no relevant regulations, the fund trust
The custodian shall follow the above provisions on account opening and use.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
（5） Opening and management of bond custody account
After the Fund Contract comes into force, the Fund Manager is responsible for applying in the name of the Fund and obtaining access to the National Bank
The trading qualification of the inter-bank borrowing market, and trading on behalf of the Fund; The Fund Custodian, according to the Chinese people
Relevant regulations of banks and inter-bank market registration and settlement institutions, and issuing bonds in inter-bank market registration and settlement institutions
Securities custody account, holder account and capital settlement account, and settlement of inter-bank market bonds on behalf of the Fund
Calculate. The Fund Manager and the Fund Custodian jointly sign a national inter-bank bond market bond repurchase agreement on behalf of the Fund
agreement.
（6） Opening and management of other accounts
1. After the signing date of this Custodian Agreement, the Fund is allowed to engage in activities in compliance with laws and regulations and the Fund
If the investment business of other investment varieties agreed in the Contract involves the opening and use of relevant accounts
Relevant rules shall be issued and used.
2. If laws and regulations and other relevant provisions provide otherwise for the opening and management of relevant accounts, such provisions shall prevail.
（7） Custody of relevant valuable certificates of fund property investment
Valuable certificates such as physical securities and bank deposit account opening certificates related to the investment of fund assets shall be placed in the custody of the fund
People can deposit in the vault of the fund custodian, or in the Central Government Securities Depository and Clearing Co., Ltd., China
Securities Depository and Clearing Co., Ltd. Shanghai Branch/Shenzhen Branch, Interbank Market Clearing House Co., Ltd
The depository certificate of the Company or the bill business center shall be held by the fund custodian. Physical securities, banks
The purchase and transfer of certificates of value such as time deposit certificates shall be subject to the agreement between the Fund Manager and the Fund Custodian
Handling. The Fund Custodian shall not be responsible for the custody of assets actually and effectively controlled by institutions other than the Fund Custodian,
However, relevant vouchers shall be kept properly.
（8） Custody of major contracts related to fund assets
The Fund Manager shall be responsible for the signing of major contracts related to the Fund assets. Represented by the Fund Manager
The originals of the major contracts signed by the Fund and related to the Fund assets shall be respectively submitted by the Fund Manager and the Fund Custodian
safekeeping. Unless otherwise specified in this Agreement, the Fund Manager shall sign on behalf of the Fund any material agreement relating to the assets of the Fund
The contract includes but is not limited to the annual audit contract of the fund, the fund information disclosure agreement and the fund investment business
The Fund Manager shall ensure that the Fund Manager and the Fund Custodian each hold at least one original
original script. The Fund Manager shall fax the major contract to the Fund Custodian in an encrypted manner in a timely manner after the signing of the major contract
The custodian shall deliver the original to the fund custodian within 30 working days. The retention period of major contracts is not low
At the minimum period specified by laws and regulations.
If more than two originals cannot be obtained, the Fund Manager shall provide the Fund Custodian with a copy of the contract
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
And affix the official seal on the copy. The original contract is not
Shall be transferred.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
6、 Sending, confirmation and execution of instructions
The Fund Manager sends the fund transfer and other payment instructions to the Fund Custodian when using the Fund property
Order, the Fund Custodian shall implement the Fund Manager's instructions, handle fund transactions under the name of the Fund and other related matters.
（1） Written authorization of the Fund Manager to the personnel who send instructions
1. The Fund Manager shall designate a special person to send instructions to the Fund Custodian.
2. The Fund Manager shall provide the Fund Custodian with written authorization documents, including the list of authorized persons
The seal and specimen of the authorized person's signature shall be reserved, and the authorization document shall indicate the corresponding authority of the authorized person. Authorization file
The legal representative or authorized signatory of the fund manager shall sign (seal) and affix the official seal
The letter of authorization of the legal representative shall also be attached to the signature of.
3. After the Fund Custodian receives the original authorization document and confirms it by telephone, the authorization document will become effective. If
If the authorization document specifies the specific effective time, the effective time shall not be earlier than the time when the fund custodian receives the authorization document
And confirmed by telephone. If earlier than the aforesaid time, the Fund Custodian shall receive the authorization document by telephone
The confirmed time point is the effective time of the authorization document.
4. The Fund Manager and the Fund Custodian are obliged to keep confidential the authorization documents, and their contents shall not be disclosed to the authorized
Disclosed by anyone other than the operator. Except as required by laws and regulations or by competent authorities.
（2） Content of instructions
1. Instructions include payment instructions and other fund transfer instructions.
2. The instructions issued by the Fund Manager to the Fund Custodian shall specify the cause of payment, time of payment, time of receipt
The amount, account, etc. shall be stamped with the reserved seal and signed by the authorized person.
The Fund Manager agrees that the Fund Custodian shall, according to the information received by China Securities Depository and Clearing Corporation Limited or
The trading data of Shenzhen Stock Exchange and Shanghai Stock Exchange shall be settled with China Securities Depository and Clearing Co., Ltd. fund
The clearing and settlement of all over-the-counter transactions involving property investment shall be conducted by the Fund Custodian according to the relevant registration and clearing companies
The Fund Manager does not need to issue separate instructions.
Comply with the advance settlement system of Zhongdeng Shanghai, the mutual insurance system of Zhongdeng Shenzhen settlement, and the provisions of Zhongdeng Shanghai Shenzhen
The adjustment of settlement provisions, deposits and minimum settlement provisions made in the administrative measures and other relevant provisions shall also be deemed as
The effective instructions issued by the Fund Manager to the Fund Custodian need not be separately issued by the Fund Manager to the Fund Custodian
The Fund Custodian shall execute the instructions.
Bank settlement fees and other bank charges incurred in the Fund's bank account shall be directly paid by the Fund Custodian from the bank
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
The fund manager is not required to issue instructions for deduction in the account.
（3） Time and procedure for sending, confirming and executing instructions
1. Sending of instructions
The Fund Manager shall send instructions by e-mail, encrypted fax or other methods agreed by both parties
Mode.
The Fund Manager shall, in accordance with laws and regulations and the provisions of the Fund Contract
Send instructions within the transaction authority; The authorized person shall send instructions in strict accordance with his/her authorized authority. For the authorized person
The fund manager shall not deny the effectiveness of the order issued in accordance with the agreed procedures. But if the fund manager has withdrawn
Cancel or change the authorization to the authorized person, and the Fund Custodian confirms, cancels or changes the authorization according to this Agreement
After the order takes effect, the sender of the transaction order has no right to send the order or sends the order beyond his authority,
The Fund Manager shall not be liable, except that the authorization has been changed but has not been confirmed by the Fund Custodian.
After the order is issued, the Fund Manager shall confirm it to the Fund Custodian by telephone in a timely manner.
The Fund Manager shall affix the reserved seal on the inter-bank market bond transaction sheet after the transaction is completed
After that, it shall be sent to the Fund Custodian by fax or email in a timely manner, and confirmed by telephone. It has been authorized to cancel sending the transaction
Except for single. If the transaction generated by the inter-bank bookkeeping system needs to be cancelled or terminated, the Fund Manager shall
Inform the Fund Custodian in writing.
2. Confirmation of instructions
The Fund Custodian shall designate a special person to receive the instructions of the Fund Manager and notify the Fund Manager of its name list in advance,
And negotiate with the fund manager on the method of sending and receiving instructions. After the order reaches the fund custodian, the fund custodian
Special personnel shall be designated to immediately review the surface consistency of relevant contents, seals and signatures with reserved seals and signatures
If there is any doubt, the fund manager must be notified in time. The fund custodian may request the fund according to the contents of the instruction
The manager shall provide the document basis for payment of contract, agreement and other funds, which shall be implemented within the specified period after being checked without error,
No delay. The Fund Custodian only makes a superficial statement on the instructions submitted by the Fund Manager in accordance with this Agreement
For consistency review, the Fund Custodian is not responsible for reviewing other documents submitted at the same time as the Fund Manager sends instructions
The Fund Manager shall ensure the legality, authenticity, integrity and effectiveness of the above documents
Real, complete and effective. If the above documents provided by the Fund Manager are illegal, untrue, incomplete or missing
The Fund Custodian will not assume the responsibility for the invalidation that affects the review of the Fund Custodian or causes losses to any third person
What form of responsibility.
3. Time and execution of instructions
The Fund Manager shall try to send instructions and confirm to the Fund Custodian one working day before the transfer. For
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
The order requiring the receipt of accounts on the same day must be sent to the fund custodian before 15:00 on the same day, and if it is sent after 15:00,
The Fund Custodian makes every effort to implement it, but cannot guarantee the success of the transfer. If an order is required to be received at a certain time of the day,
Then the order needs to be sent 2 working hours in advance, and the relevant payment conditions have been met. The Fund Custodian will consider
When the payment conditions are met, it is the delivery time of the order. Due to the untimely transmission of the fund manager's instructions, the fund failed to
The fund manager shall bear the losses caused by timely transfer into Zhongdeng Company, including compensation in Shanghai and Shenzhen markets
Cause other custody customers to fail in transactions and compensate for the interest losses caused by occupying the minimum provisions of the settlement participants.
The Fund Manager shall ensure that the Fund Custodian has sufficient fund balance in its fund account when executing the instructions,
When the fund fund position is sufficient, the fund custodian shall comply with the laws and regulations of the fund manager
The instructions in the Agreement shall not be delayed or refused to be executed.
（4） The circumstances and handling procedures of the Fund Manager sending wrong instructions
The circumstances under which the Fund Manager sends wrong instructions include that the instructions violate laws and regulations and the Fund Contract
The sender has no right or exceeds the authority to send instructions and delivery information errors, and important information in the instructions is ambiguous or
Incomplete.
The Fund Custodian has the right to refuse to execute the instructions of the Fund Manager when it finds errors in the instructions of the Fund Manager when performing its supervisory functions
And promptly notify the fund manager to make corrections. If the Fund Manager modifies or requires the Fund Custodian to terminate the execution
The Fund Custodian shall be notified by telephone of the instructions that have been sent. If the Fund Custodian has not yet executed the original instructions
The fund manager shall resend the new order within 2 hours and mark the original order with the words "stop execution" and
After the authorized person signs and affixes the reserved seal, it will be sent to the fund custodian, who will receive the new order and stop executing
Stop executing the original instruction and follow the new instruction after the instruction of line; However, if the original order is received by the fund custodian
If it has been implemented before the Fund Manager notifies it, it shall explain to the Fund Manager by telephone that the Fund Custodian will not be responsible for
Losses or liabilities caused by the implementation of the original instructions.
（5） The circumstances and handling procedures under which the Fund Custodian suspends or refuses to execute the order in accordance with laws and regulations
If the Fund Custodian finds that the Fund Manager's instructions violate laws and regulations, or violate the Fund Contract
If it is agreed, it shall have the right to suspend or refuse the implementation as the case may be and immediately notify the Fund Manager.
（6） The handling method for the Fund Custodian's failure to follow the instructions of the Fund Manager
Due to its own reasons, the Fund Custodian fails to implement the instructions sent by the Fund Manager and make financial statements to the Fund assets
Or direct losses caused by investors, the Fund Custodian shall compensate for the direct losses caused thereby
（7） Procedures for replacing the authorized person
The Fund Manager shall immediately replace the authorized person, change or terminate the authorization to the authorized person
The power document shall be notified to the Fund Custodian by email or fax and shall come into force after being confirmed by telephone. The original power document
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
And shall be abolished at the same time. The original of the new authorization document shall be delivered within seven working days after the e-mail or fax is sent.
After the new authorization document takes effect and before the original is delivered, the Fund Custodian shall send the new authorization document by email
Or fax content, if the original of the new authorization document does not match the content of the email or fax
The same shall be subject to the email or fax received by the Fund Custodian. Change of Fund Custodian to Accept Fund Management
The personnel instructed by the fund manager shall notify the fund manager in advance through the recorded telephone.
（8） Other matters
When receiving an order, the Fund Custodian shall check whether the elements of the order are complete, whether the seal and the authorized person are
Conduct a superficial consistency review in accordance with the content of the reserved authorization document, and report to the Fund in a timely manner if any problems are found
The Manager and the Fund Custodian shall not be liable for the loss of the Fund property caused by the execution of the lawful instructions of the Fund Manager
Liability. The Fund Custodian shall implement the effective instructions of the Fund Manager to the Fund in accordance with the transaction procedures
No compensation liability shall be borne for losses caused by property.
When the Fund participates in the subscription of unlisted bonds, the Fund Manager shall sign relevant contracts with counterparties on behalf of the Fund
The specific matters of bond transfer shall be clearly stipulated in the agreement. Otherwise, the fund manager shall be responsible for
The customer shall bear corresponding responsibilities.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
7、 Transaction, clearing and settlement arrangements
（1） Select the securities business organization for securities trading
The Fund Manager shall design the standards and procedures for selecting the securities operating institutions for securities trading. Fund manager
Be responsible for selecting securities operating institutions and renting their trading units as special trading units for funds. Fund manager
The Fund Manager shall notify the Fund Custodian in advance when signing the entrustment agreement with the selected securities operating institution, and
Provide relevant materials as required by the Fund Custodian so that the Fund Custodian can apply for handling the procedures for receiving settlement data.
The Fund Manager shall, in accordance with the relevant provisions, list the selected securities operating institutions in the interim report and annual report of the Fund
The relevant information and transaction information of the Fund shall be disclosed, and such information, fund transaction unit number and commission rate shall be disclosed
The Fund Custodian shall be informed in writing of the basic information and changes in time.
（2） Settlement arrangements after the fund invests in securities
1. Clearing and settlement
The Fund Manager and the Fund Custodian shall, in accordance with relevant laws and regulations and relevant business rules, sign the Custody Agreement
Bank Securities Fund Settlement Agreement, which is used to specify the funds for securities trading between the fund manager and the fund custodian
Responsibilities in settlement business.
According to the regulations of China Securities Depository and Clearing Corporation, within the first three working days of each month
The securities registration and clearing limited liability company shall carry out the minimum clearing provisions and clearing margin limits for clearing participants
Re accounting and adjustment. The fund custodian adjusts the minimum settlement reserve in China Securities Depository and Clearing Corporation Limited
On the day of payment and settlement margin, reflect the adjusted minimum reserve and settlement guarantee in the account fund report
Gold. The Fund Manager shall reserve minimum provisions and clearing deposits, and
The responsible company determines the actual minimum reserve and settlement margin data as the basis for arranging fund operation and adjusting the institute
Cash position required.
The Fund Custodian shall be responsible for the clearing and settlement of the securities traded by the Fund. The fund custodian shall, according to the
Settlement data processing of China Securities Depository and Clearing Corporation Limited; The fund custodian shall, according to the
The fund manager's transaction transfer instructions shall be handled specifically.
If the Fund custodian causes direct losses to the Fund's assets in liquidation due to its own reasons, the Fund shall
The custodian is responsible for compensation; If the Fund Manager has not notified the Fund Custodian in advance to increase the trading unit
The Fund Manager shall bear the responsibility for clearing errors caused by incomplete data received by the Fund Custodian;
If the loss of fund assets is caused by transactions that need to be separately settled without prior notice from the fund manager
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Undertaken by the fund manager; If the fund manager has overbought, oversold and
In case of difficulties and risks in fund investment liquidation caused by the shortage of pledged bonds and other reasons, the Fund Custodian shall immediately notify
The Fund Manager shall be responsible for the settlement of the Fund Manager, which shall be entrusted to the Fund Custodian, the Fund and the Fund
The Fund Manager shall bear the direct losses caused by other assets under its custody.
The Fund Manager shall take reasonable and necessary measures to ensure that there is sufficient capital position to complete T+1 on T day
The settlement of investment transaction funds on the; If the fund position is insufficient due to the fund manager, the fund manager shall
Make up the overdraft before 10:00 a.m. on T+1 day to ensure the capital clearing. If the above provisions are not followed, prepare
Capital position, which affects the clearing and settlement of fund assets and the fund custodian and China Securities Depository and Clearing Co., Ltd
First level liquidation between companies, thus giving fund custodians, fund assets and other assets under the custody of fund custodians
The fund manager shall be responsible for the direct losses caused by the assets.
According to the clearing provisions of China Securities Depository and Clearing Corporation Limited, the fund manager is conducting financing repurchase
During business, the bonds used for financing repo will be used as pledged bonds to repay the due purchase proceeds of financing repo. Ru Inge
The default of bond repo delivery due to the financial manager or the pledge owing due to the change of conversion rate leads to the loss of securities
The investment risk and loss caused by securities registration and settlement limited liability company's deduction for arrears or disposal of pledged bonds are caused by
The Fund Manager shall undertake.
The capital clearing of the on-site T+0 settlement shall be carried out in accordance with the relevant provisions and procedures of the Fund Custodian.
2. Time and method of reconciliation of transaction records, capital and securities accounts
(1) Reconciliation of transactions
The Fund Manager and the Fund Custodian shall check the transaction records on a daily basis. Before the daily disclosure of net worth,
It must be ensured that all the actual transaction records of the day are completely consistent with the transaction records on the fund accounting books. If true
Inconsistency between inter transaction records and accounting book records results in incomplete or untrue fund accounting, which leads to
The losses incurred shall be borne by the Fund Manager.
(2) Reconciliation of capital accounts
The fund accounts shall be verified by the Fund Manager and the Fund Custodian on a daily basis.
(3) Reconciliation of securities accounts
The Fund Manager and the Fund Custodian shall check the fund securities accounts at the end of each trading day to ensure the accounts of both parties
Match. The Fund Manager and the Fund Custodian shall check the physical securities accounts at the end of each month.
（3） Basic Provisions on Fund Purchase and Redemption
1. The Fund Manager or its entrusted registration institution shall be responsible for the confirmation and liquidation of the subscription and redemption of fund units.
2. The Fund Manager shall transmit the data of subscription, redemption and conversion of open-ended funds on each open day to
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Fund Custodian. The Fund Manager shall deal with the authenticity of the data of the subscription, redemption and conversion of open-ended funds transmitted
be responsible for. The Fund Custodian shall timely check the receipt of subscription and transferred funds and follow the instructions of the Fund Manager
Timely transfer redemption and transfer out funds.
3. The Fund Manager shall ensure that the registration authority of the Fund (or the registration authority entrusted by the Fund Manager) shall be responsible for
15: Send the above relevant data of the previous opening day to the fund custodian before 00, and ensure the accuracy and completeness of the relevant data
Whole.
4. The registration authority shall send relevant data (including electronic data) through the encryption system established with the fund custodian
According to and the paper clearing summary sheet that takes effect with seal), if the system cannot be sent normally due to various reasons, both parties can
Negotiation solution. The data sent by the Fund Manager to the Fund Custodian shall be subject to the relevant provisions of both parties
preservation.
5. If the Fund Manager entrusts other institutions to handle the registration business of the Fund, it shall ensure the above related matters
On time. Otherwise, the fund manager shall bear corresponding responsibilities.
6. Establishment and management of special clearing account
In order to meet the needs of subscription, redemption and dividend capital remittance, the fund manager shall open a special fund clearing
The account is managed by the registration agency.
7. The fund manager shall be responsible for confirming with relevant parties the receivables generated in the process of fund purchase
Set the date of receipt and notify the Fund Custodian that if the receivables do not reach the fund account on the date of receipt
The custodian shall timely notify the fund manager to take measures to collect the funds, and the fund management shall
The Fund Custodian shall provide necessary assistance or cooperation.
8. Redemption and dividend fund allocation regulations
When the redemption money is allocated or the fund dividends are distributed, if the fund fund account has sufficient funds, the fund custodian
It shall be allocated on time; The Fund Custodian is unable to allocate funds on time due to insufficient funds in the Fund's capital account,
If it is caused by the Fund Manager, the responsibility shall be borne by the Fund Manager, and the Fund Custodian shall not be responsible for the advance payment
Business.
9. Capital Instruction
Except that the purchase amount reaches the fund account and needs to be reconciled by both parties according to the agreed method, the due payment for repurchase and
The Fund Manager shall issue instructions to the Fund Custodian when making payment, redemption and dividend capital allocation related to investment.
The format, content, sending, receiving and confirmation methods of capital orders are the same as those of investment orders.
（4） Net settlement of redemption and purchase
The fund settlement between the fund custody account and the "fund clearing account" follows the principle of "full settlement and net settlement"
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
According to the principle of
The sum of the payable amount) and the payable capital (the redemption amount corresponding to the redemption application minus the expenses attributable to the fund assets and the fund transfer
The net receivable amount of the custody account is determined by the difference between the corresponding amount of the swap out application and the sum of the expenses attributable to the fund assets
Or net payable to determine the amount of capital delivery. When there is a net receivable in the custody account, the Fund Manager shall
Transfer from the fund clearing account to the fund custody account before 15:00 on the settlement date; When there is a net A/P in the custody account
The Fund Manager shall send the transfer instruction to the Fund Custodian in advance, and the Fund Custodian shall manage according to the fund
The person's transfer instruction will transfer the net payable amount of the escrow account to the fund clearing account before 12:00 on the settlement date.
（5） Fund conversion
1. Before the Fund conducts conversion business with other funds managed by the Fund Manager, the Fund Manager shall
Inform the Fund Custodian by letter and negotiate relevant matters.
2. The Fund Custodian will conduct accounting treatment according to the fund conversion data transmitted by the Fund Manager
The time and procedure of settlement and data transmission as well as the rights and responsibilities assumed by the parties to the custody agreement shall be subject to the time when the fund manager
Implementation of the announcement.
3. The Fund shall carry out fund conversion business in accordance with relevant laws and regulations and the Fund Contract
Bank announcement.
（6） Fund cash dividends
1. The Fund Manager shall notify the Fund Custodian of the dividend plan, which shall be approved by both parties in accordance with the Information Disclosure Office
The relevant provisions of the Law shall be announced on the media specified by the CSRC.
2. After the fund custodian and the fund manager conduct accounting treatment and check on the fund dividend, the fund manager
The Fund Custodian shall timely transfer the funds into the special account when sending the transfer instructions of cash dividends to the Fund Custodian.
3. When giving instructions, the Fund Manager shall allow the Fund Custodian the necessary time to transfer funds.
（7） Special agreement on investment bank deposits
1. The investment bank deposit of the Fund must be handled in a way recognized by both parties. Reserved seal of deposit account
It shall contain at least one seal of the designated person of the Fund Custodian, which shall be kept and used by the Fund Custodian. Repayment of principal and interest at maturity
Or all the money withdrawn in advance must be transferred to the custody account, not to any other account.
2. The Fund Manager shall notify the Fund Custodian in writing in advance when investing in bank deposits or handling withdrawal of deposits,
So that the Fund Custodian has enough time to perform the corresponding business operation procedures.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
8、 Calculation and accounting of fund net asset value
（1） Time and procedure for calculation, review and completion of net asset value of the Fund
1. The net asset value of the fund refers to the amount of the total asset value of the fund minus the liabilities. The net value of certain fund units is
The net fund asset value of such fund units divided by the
The balance quantity is calculated to the nearest 0.0001 yuan and rounded to the fifth decimal place. The fund manager may set
Establish an emergency adjustment mechanism for net worth accuracy in the case of large redemption. If the state has other provisions, such 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 shall publish
Notice.
2. The Fund Manager shall evaluate the assets of the Fund every working day. However, the Fund Manager shall, in accordance with laws, regulations or
Except when the valuation is suspended as stipulated in the Fund Contract. After the fund manager evaluates the fund assets every working day,
The net value results of various fund units shall be sent to the Fund Custodian, and after the Fund Custodian has verified that there is no error, the fund shall be managed by the Fund
The Manager shall publish it to the public in accordance with the fund contract and relevant laws and regulations.
（2） Fund asset valuation methods and treatment of special circumstances
1. Valuation object
Bonds, asset-backed securities, principal and interest of bank deposits, receivables and other investments owned by the Fund
Assets and liabilities.
2. 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
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
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 potential valuation adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%, the valuation shall be
Adjust and determine the fair value.
3. Valuation method
(1) Valuation of securities listed on stock exchanges
1) The market price (closing price) of the securities listed on the stock exchange on the valuation date
Valuation; There is no transaction on the valuation date, and there is no significant change in the economic environment or securities issuers after the most recent trading day
If there is no major event affecting the securities price, the market price (closing price) of the latest trading day shall be used for valuation; as
Significant changes have taken place in the economic environment after the recent trading day or significant changes have taken place in the securities issuing institutions that affect the securities prices
In case of an event, the current market price and major change factors of similar investment varieties can be referred to to adjust the recent transaction market price,
Determine the fair price.
2) The non equity fixed income varieties listed on the exchange or transferred by listing shall be evaluated by the third party on the valuation date
The valuation is conducted at the net valuation price of the corresponding varieties on the current day provided by the valuation agency;
3) The fair value of the securities listed on the Exchange without an active market shall be determined by valuation techniques. hand over
The fair value of the asset-backed securities listed and transferred in the Exchange shall be determined by valuation techniques;
4) For unlisted or unlisted bonds issued in the exchange market, for active markets
The unadjusted quotation in the active market shall be taken as the fair value on the valuation date; For active market quotation
If it fails to represent the fair value on the valuation date, the market quotation shall be adjusted to confirm the fair value on the valuation date
Value; If there is no market activity or there is little market activity, valuation techniques should be used to determine the public interest rate
Allowable value.
(2) For the initial public offering of unlisted bonds, the fair value is determined using valuation techniques
If it is difficult to reliably measure the fair value, it shall be valued at cost.
(3) 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 fixed income varieties including the investor's right to sell back, the sale back registration
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
If the put back right is not exercised after the record period deadline (including the current day), the valuation shall be conducted according to the price corresponding to the long outstanding period.
For bonds that are not listed in the inter-bank market and the third-party valuation agency does not provide valuation prices
There is no obvious difference in the secondary market interest rate, and there is no significant change in the market interest rate during the unlisted period,
Valuation at cost.
(4) If the same bond is traded in two or more markets at the same time, it shall be divided according to the market of the bond
Valuation.
(5) The Fund's investment in inter-bank deposit receipts is valued at the net valuation price provided by a third-party valuation agency on the valuation date;
If the selected third-party valuation agency does not provide a valuation price, it shall be valued at cost.
(6) 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.
(7) In case of large amount subscription or redemption, the fund manager can adopt the swing pricing mechanism to
Ensure the fairness of fund valuation. Specific handling principles and operation specifications shall comply with relevant laws and regulations and the Supervision Department
The provisions of the self-discipline rules.
(8) 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 between relevant parties
The Fund Manager shall publish the calculation results of the net value of the Fund.
3. Handling of special cases
(1) When the Fund Manager or the Fund Custodian conducts valuation according to Item (6) 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 due to stock exchanges, securities brokers, third-party valuation machines
Although the Fund Manager and the Fund Custodian have taken the necessary measures to
Take necessary, appropriate and reasonable measures to check, but fail to find the error or even if the error is found
The Fund Manager and the Fund Custodian shall be exempted from any error in the calculation of the net value of the Fund units caused by the failure to correct in a timely manner
Excluding liability. However, the Fund Manager and the Fund Custodian shall actively take necessary measures to mitigate or eliminate this
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Impact.
（3） Treatment method for net value error of fund units
1. In case of valuation error within 4 decimal places (including the 4th decimal place) of the net value of any type of fund unit
Is the net value error of such fund units; In case of any error in the net value of fund units, the Fund Manager shall immediately
Correct, notify the Fund Custodian, and 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 Custodian
And report to the CSRC for filing; When the error deviation reaches 0.5% of the net value of such fund units, the fund management
And shall report to the CSRC for the record.
3. The tail difference of net value calculation generated by the Fund Manager and the Fund Custodian due to their respective technical system settings,
The calculation result of the Fund Manager shall prevail.
4. If the above contents are otherwise stipulated by laws and regulations or regulatory authorities, their provisions shall prevail. If the industry is otherwise
As a general practice, both parties shall negotiate in the principle of equality and protection of the interests of fund share holders.
（4） Suspension of valuation
1. When the securities trading market involved in the Fund's investment is closed on statutory holidays or for other reasons;
2. The Fund Manager and the Fund Custodian are unable to accurately assess the Fund assets due to force majeure or other circumstances
When the asset value is reached;
3. When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date, after consultation with the fund custodian
After confirmation, the Fund Manager shall suspend the valuation;
4. Other circumstances identified by the CSRC and the fund contract.
（5） Fund accounting system
The accounting system stipulated by relevant national departments shall be followed.
（6） Establishment of fund account book
The Fund Manager shall conduct fund accounting and prepare fund financial accounting reports. The Fund Manager independently
Set up, record and keep a complete set of account books of the Fund. If the Fund Manager and the Fund Custodian treat the accounting party
If there are differences in the law, the fund manager's handling method shall prevail. If the check on the current day is inconsistent, it cannot be found temporarily
If the calculation of the net asset value of the Fund is affected by the reason of wrong account entry, the account book of the Fund Manager shall prevail.
（7） Preparation and review of fund financial statements and reports
1. Preparation of financial statements
The financial statements of the Fund shall be prepared by the Fund Manager and reviewed by the Fund Custodian.
2. Report review
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
After receiving the financial statements of the Fund prepared by the Fund Manager, the Fund Custodian shall independently review them. nucleus
In case of any discrepancy, the Fund Manager shall be notified in time to jointly find out the reason and make adjustment until the data of both parties are complete
agreement.
3. Preparation and review schedule of financial statements
(1) Preparation of statements
The Fund Manager shall complete the preparation of monthly statements within 5 working days after the end of each month; Fund Contract
After taking effect, if the information in the fund prospectus and the fund product data summary has changed significantly, the fund management
A person shall, within three working days, update the prospectus and the summary of fund product information and publish them in the regulations
On the website, the summary of fund product information should also be published on the website or business outlets of fund sales agencies, fund recruitment
If there is any change in the prospectus, fund product data summary or other information, 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 and the summary of the Fund's product information; stay
Complete the preparation of the quarterly report of the Fund within 15 working days from the end of the quarter; Two days from the end of the first half of the year
To complete the preparation of the interim report of the Fund within six months; Complete the annual report of the Fund within three months from the end of each year
Preparation of. The financial accounting report in the annual report of the Fund shall comply with the Securities Law of the People's Republic of China
Audit by specified accounting firm. If the Fund Contract takes effect less than two months ago, the Fund Manager may not prepare it
Prepare the current quarterly report, interim report or annual report.
(2) Review of statements
The Fund Manager shall timely complete the preparation of the statements and provide the relevant statements to the Fund Custodian for review; Gikinto
When the custodian finds discrepancies in the statements of both parties during the review process, the Fund Manager and the Fund Custodian shall
It is the same as finding out the cause and making adjustment, and the adjustment shall be subject to the relevant national regulations.
The Fund Manager shall allow sufficient time for the Fund Custodian to review relevant statements and reports.
（8） 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.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
9、 Fund income distribution
Fund income distribution refers to the allocation of the distributable income of the Fund in proportion to the Fund units as required.
（1） Principle of fund income distribution
1. On the premise of meeting the conditions for fund dividends, the fund manager may collect the dividends according to the actual situation
Profit distribution. The specific distribution plan is subject to the announcement. If the Fund Contract takes effect less than 3 months ago, it may not be collected
Benefit distribution;
2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash
Dividends or reinvestment of cash dividends automatically into fund units of corresponding categories; If investors do not choose,
The Fund's default income distribution method is cash dividends; The fund share holder can check whether Class A fund shares and C
Different dividend methods shall be selected for Class A fund shares. If dividend reinvestment is chosen, dividend reinvestment
No subscription fee will be charged for the shares of. Fund units of the same category held by the same investor in the same sales agency can only
Select a dividend method;
3. After the distribution of fund income, the net value of fund units cannot be lower than the par value, that is, the responsibility of the fund unit on the base date of fund income distribution
The net value of Class I fund units less the amount of income distribution per unit of such class fund units cannot be lower than the par value;
4. Since Class A fund units of the Fund do not charge sales service fees, Class C fund units charge sales services
The distributable income corresponding to each fund share category will be different, and the amount of income distribution may be
Different, the fund manager can formulate income distribution plans for each fund unit category
Each fund unit in the fund unit category enjoys the same distribution right;
5. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Without violating the provisions of laws and regulations and the Fund Agreement, and without material adverse effects on the interests of Fund Unitholders
Under the premise of influence, the Fund Manager may, upon consensus with the Fund Custodian
It is unnecessary to hold a general meeting of fund share holders to adjust the distribution principle of fund income.
（2） Time and procedure of fund income distribution
The Fund's income distribution plan is prepared by the Fund Manager and reviewed by the Fund Custodian
After the formula is determined, the Fund Manager shall publish it in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
After the announcement of the fund income distribution plan (in accordance with the provisions of the specific plan), the fund manager shall, in accordance with the provisions of the specific plan
The Fund Custodian shall send transfer instructions to the Fund Custodian for the cash dividends paid, and the Fund Custodian shall
Instruct the transfer of dividend funds in a timely manner.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the fund share holders themselves
Dan. When the cash dividend of fund share holders is less than a certain amount, it is not enough to pay for bank transfer or other hand
In case of renewal of fees, the fund registration authority may automatically transfer the cash dividends of fund share holders to the corresponding category of funds
Gold share. The calculation method of dividend reinvestment shall be implemented in accordance with the Business Rules.
（3） 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, as detailed in the prospectus.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
10、 Fund information disclosure
（1） Confidentiality obligations
The Fund Custodian and the Fund Manager shall conduct information disclosure in accordance with laws and regulations and the relevant provisions of the Fund Contract
Disclosure: The information to be publicly disclosed shall be kept confidential before public disclosure. Except in accordance with the Fund Law, the Fund Contract
In addition to information disclosure in the Information Disclosure Measures and other relevant provisions, the Fund Manager and the Fund Custodian shall
Information generated in the operation of the Fund and business information obtained from the other party shall be kept confidential. However, the following situations are not
It shall be deemed that the Fund Manager or the Fund Custodian violates the confidentiality obligation:
1. Confidential information is disclosed, divulged or made public for reasons other than those of the Fund Manager and the Fund Custodian;
2. The Fund Manager and the Fund Custodian shall abide by and obey the court judgment or ruling, arbitration award or China
Information disclosure or disclosure made by the order and decision of the CSRC and other regulatory agencies.
（2） Contents of information disclosure
The information disclosure of the Fund mainly includes the Fund Prospectus, the Fund Contract, the Custody Agreement and the Fund
Announcement on the sale of gold units, announcement on the effectiveness of the Fund Contract, net fund value information, subscription/redemption price of fund units
Regular report of the Fund (including annual report, interim report and quarterly report of the Fund), interim report
Announcement, clarification announcement, resolution of the general meeting of fund unit holders, summary of fund product information, fund liquidation report
Investment in asset-backed securities, information disclosure during the implementation of the side pocket mechanism and other letters required by the CSRC
Interest. The financial accounting report in the annual report of the Fund shall be subject to
It can be disclosed only after being audited by an accounting firm.
（3） Responsibilities and information disclosure procedures of the Fund Custodian and the Fund Manager in information disclosure
1. Responsibilities
The Fund Custodian and the Fund Manager shall protect the interests of the Fund Unitholders in the process of information disclosure
Purpose, honesty and trustworthiness, and strict confidentiality. The Fund Manager is responsible for handling the information disclosure related to the Fund,
The Fund Custodian shall, in accordance with relevant laws and regulations and the Fund Contract
The matters required to be reviewed by the Fund Custodian shall be reviewed, and after the Fund Custodian's review is correct, the Fund shall
The manager shall publish it.
For information that does not need to be reviewed by the Fund Custodian (or Fund Manager), the Fund Manager (or Fund Custodian
(person) shall inform the Fund Custodian (or the Fund Manager) before the announcement.
The Fund Manager and the Fund Custodian shall actively cooperate and supervise each other to ensure that their performance is in accordance with the statutory method
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
And limited time disclosure obligations.
The fund manager shall, within the time limit prescribed by the CSRC, pass the fund information to be disclosed
Public disclosure in accordance with the requirements of the CSRC and the provisions of the Information Disclosure Measures. According to the law
Information that should be publicly disclosed by the Fund Custodian according to the regulations, and the Fund Custodian will regulate the media companies through the CSRC
Disclosure.
The Fund Manager and the Fund Custodian may suspend or delay the disclosure of fund related letters in the following circumstances
Information:
(1) The Fund Manager and the Fund Custodian are unable to accurately evaluate the Fund due to force majeure or other circumstances
The asset value;
(2) When the securities trading market involved in the Fund's investment is closed on statutory holidays or for other reasons;
(3) Other circumstances stipulated by laws and regulations, the Fund Contract or the CSRC.
2. Procedure
Information disclosure documents that are subject to review by the Fund Custodian according to relevant regulations shall be drafted by the Fund Manager and reviewed by
The Fund Manager shall make an announcement after the review by the Fund Custodian. Occurrence of events required to be disclosed in the Fund Contract
Shall be published in accordance with the provisions of the Fund Contract. The Fund Manager shall promptly provide the Fund Custodian with
Information disclosure documents that must be reviewed by the Fund Custodian shall be sent by the Fund Custodian to the Fund Manager through the designated email address
The electronic review letter sent shall have the same effect as the written review letter issued by the Fund Custodian.
3. Storage of information text
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 stipulate that the information shall be kept in their respective residences, and investors can consult it free of charge. The investor can
Obtain copies or photocopies of the above documents at a reasonable time. The Fund Manager and the Fund Custodian shall guarantee
The content of this is completely consistent with that of the announcement.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
11、 Fund expenses
（1） Accrual proportion and method of fund management fee
The management fee of the Fund is accrued at the annual fee rate of 0.30% of the net asset value of the Fund on the previous day. Calculation party of management fee
The method is as follows:
H ＝ E × 0.30% ÷ 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
（2） Accrual proportion and method of fund custody fee
The custody fee of the Fund is accrued at the annual fee rate of 0.05% of the net asset value of the Fund on the previous day. Calculation party of custody fee
The method is as follows:
H ＝ E × 0.05% ÷ 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
（3） Withdrawal proportion and method of sales service fees for Class C shares
There is no sales service fee for Class A fund units of the Fund, and the annual rate of sales service fee for Class C fund units is
0.25%。
The fund sales service fee is accrued at the annual fee rate of 0.25% of the net asset value of Class C fund on the previous day. computing method
As follows:
H ＝ E × 0.25% ÷ 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
（4） Fund account opening fees, securities transaction fees, bank transfer fees, account maintenance fees
Information disclosure fees related to the fund (unless otherwise stipulated by laws and regulations), fund shares
Fees for general meetings of holders, accountants' fees, lawyers' fees and legal fees related to the Fund after the Fund Contract takes effect
And arbitration fees shall be included in the current fund fees in accordance with relevant laws and regulations, the Fund Contract and relevant agreements
Use.
（5） Items not included in fund expenses
Lawyer fees, accountant fees, information disclosure and other related fees before the Fund Contract takes effect shall not be paid from the Fund
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Disbursed from property; Expenses incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations
Loss of fund assets; Expenses incurred in dealing with matters unrelated to the operation of the fund shall not be included in the fund expenses;
And other items that may not be included in the fund fees according to the relevant laws and regulations and the relevant provisions of the CSRC.
（6） Review procedure, payment method and time of fund management fee and fund custody fee
1. Review procedure
The fund manager's fund management fees and fund custody fees accrued by the fund custodian to the fund manager are subject to
Negotiate and review relevant provisions of the Fund Contract.
2. Payment method and time
The fund management fee and fund custody fee are accrued daily, accumulated day by day to the end of each month, and paid monthly. fund
After the Manager and the Fund Custodian have checked the consistency, the Fund Custodian will automatically start the third time from the first day of each calendar month
On working days, the fund manager does not need to issue a fund transfer guide to make fund payment according to the designated account path
Order. If the fund balance of the custody account is insufficient, the custodian can deduct it when the balance of the custody account is sufficient. if
If the payment cannot be made on time due to legal holidays, public holidays or force majeure, the payment date shall be postponed.
The sales service fee for Class C shares is accrued daily, accumulated day by day to the end of each month, and paid monthly. Fund manager
After checking with the Fund Custodian, the Fund Custodian will automatically start on the third working day from the first day of each calendar month,
The fund manager does not need to issue a fund transfer instruction when the fund is paid according to the designated account path. In case of
If the fund balance of the custody account is insufficient, the custodian may deduct it when the balance of the custody account is sufficient. Sales service fee
It shall be collected by the registration authority on behalf, and the registration authority shall pay it to the fund sales agency according to the relevant contract after receiving it. Contingency method
If the payment cannot be made on time due to holidays, public holidays or force majeure, the payment date shall be postponed.
Before the first payment of the fund management fee, the fund manager shall issue an official letter to the fund custodian to designate the phase
Accounts receivable. If the fund manager needs to change this account, it shall issue a notice to the custodian 5 working days in advance
Written notice of change of collection account.
（7） Violation handling method
The Fund Custodian finds that the Fund Manager violates the Fund Law, the Fund Contract, the Operating Measures and
The Fund Custodian may request the Fund Manager to explain when the relevant provisions of the Fund Fund Fund Fund Manager stipulate the expenses to be disbursed from the Fund assets
The Fund Custodian may refuse to pay if the Fund Manager has no justified reason.
（8） 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.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
12、 Custody of the Register of Fund Unitholders
The register of fund unit holders shall at least include the names of fund unit holders and the fund units they hold.
The register of fund unit holders shall be prepared and kept by the fund registration agency in accordance with the instructions of the fund manager
The manager shall keep the register of fund unit holders for a period not less than the minimum period prescribed by laws and regulations
Unless otherwise specified by regulations or regulatory authorities. If it cannot be properly kept, it shall be liable according to relevant regulations.
Before the Fund Custodian requests or prepares the interim report and annual report, the Fund Manager shall send the relevant information to
The Fund Custodian shall not refuse or delay the provision without reason, and shall guarantee its authenticity, accuracy and integrity.
Unless otherwise stipulated by laws, regulations and rules and required by the competent authority, the fund manager shall not
The register of fund share holders under management shall be used for purposes other than fund custody business and shall comply with confidentiality obligations.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
13、 Preservation of Fund related documents and archives
（1） Archive keeping
The Fund Manager shall keep records, account books, statements and other relevant information on the business activities of fund property management
Materials. The fund custodian shall keep records, account books, statements and other relevant materials of the fund custody business activities.
Both the Fund Manager and the Fund Custodian shall keep them for the prescribed period. The storage period shall not be less than laws and regulations
Unless otherwise specified by laws and regulations or regulatory authorities.
（2） Establishment of contract archives
1. After the Fund Manager signs a major contract, it shall promptly deliver the original of the contract to the Fund Custodian
At.
2. The Fund Manager shall promptly transmit the contracts and agreements related to the accounting treatment and fund allocation of the Fund
Real Fund Custodian.
（3） Change and assistance
If the Fund Manager/Fund Custodian changes, the unchanged party is obliged to assist in taking over after the change
People receive corresponding documents.
（4） The Fund Manager and the Fund Custodian shall keep the original vouchers, accounting vouchers
Fund account books, transaction records and important contracts shall be kept confidential and not lower than those required by laws and regulations
Minimum period, unless otherwise stipulated by laws and regulations or required by competent authorities.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
14、 Replacement of Fund Manager and Fund Custodian
（1） Circumstances of termination of the Fund Manager's duties
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) It is dissolved, canceled or declared bankrupt according to law;
(3) Dismissed by the general meeting of fund unit holders;
(4) Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
2. Replacement procedure of fund manager
The replacement of the Fund Manager must be carried out in accordance with the following procedures:
(1) Nomination: the new fund manager shall be held by the fund custodian or by the fund custodian alone or jointly 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
The Fund Manager shall form a resolution, which shall be subject to one-third of the voting rights held by the Fund Unitholders attending the meeting
More than two thirds (including two thirds) of the resolution has been passed by voting, and the resolution will take effect from the date of passing the vote. The new fund manager
It shall meet the qualification conditions stipulated by laws and regulations and the CSRC;
(3) Temporary Fund Manager: The CSRC shall designate a temporary fund before the new fund manager is appointed
administrator;
(4) Filing: the resolution of the General Meeting of Fund Unitholders to change the Fund Manager must be reported to the CSRC for filing;
(5) Announcement: After the replacement of the Fund Manager, the Fund Custodian shall hold
The resolution of the general meeting of people shall be announced in the specified media within 2 days after it takes effect;
(6) Handover: If the original fund manager's duties 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 of the fund assets and the net value of the fund assets with the fund custodian;
(7) Audit: Where the original fund manager's duties are terminated, an accountant 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
Accrued expenses shall be disbursed from the fund assets;
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
(8) Change of fund name: after the change of fund manager, if the original or new fund manager requires
Replace or delete the words related to the original fund manager in the fund name as required.
（2） Circumstances of the termination of the duties of the Fund Custodian
1. 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) It is dissolved, canceled or declared bankrupt according to law;
(3) Dismissed by the general meeting of fund unit holders;
(4) Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
2. Procedures for replacing the Fund Custodian
(1) Nomination: The new Fund Custodian shall be held by the Fund Manager or by the Fund Manager alone or jointly 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 one-third of the voting rights held by the Fund Unitholders attending the meeting
More than two thirds (including two thirds) of the resolution is passed by voting, and the resolution becomes effective from the date of passing the vote. The new Fund Custodian
It shall meet the qualification conditions stipulated by laws and regulations and the CSRC;
(3) Temporary Fund Custodian: Before the new Fund Custodian is appointed, the CSRC shall designate a temporary 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;
(5) Announcement: After the replacement of the Fund Custodian, the Fund Manager shall hold the fund units of the replaced Fund Custodian
The resolution of the general meeting of people shall be announced in the specified media within 2 days after it takes effect;
(6) Handover: Where the original fund custodian's duties are terminated, it shall properly keep the fund assets and the fund custody industry
To handle the transfer procedures of fund assets and fund custody business in a timely manner
The Fund Custodian shall take over in a timely manner. The temporary fund custodian or the new fund custodian shall contact the fund manager
Check the total value of fund assets and the net value of fund assets;
(7) Audit: If the original fund custodian's duties are terminated, it 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 accrued expenses shall be disbursed from the fund assets.
（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, the total amount of funds held by the Fund Manager alone or jointly
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Fund share holders with more than 10% (including 10%) of their shares nominate new fund managers and fund custodians;
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 replace the Fund Manager and the Fund Custodian
A joint announcement shall be made on the specified media within 2 days after the resolution of the general meeting of fund unit holders takes effect.
（4） The new fund manager receives the fund management business or the new fund custodian receives the fund property and
Prior to the fund custody business, the former fund manager or the former fund custodian shall, in accordance with laws and regulations and the Fund Agreement
Continue to perform relevant duties and ensure that the interests of fund share holders will not be damaged. primary
The Fund Manager or the former Fund Custodian still has the right to continue to perform relevant duties in accordance with the Fund Agreement
Fund management fee, fund custody fee or fund sales service fee shall be charged according to the provisions of the same regulations.
（5） The provisions of this part on the conditions and procedures for the replacement of the Fund Manager and the Fund Custodian
Following the part referring to laws and regulations or regulatory rules, for example, the modification of laws and regulations or regulatory rules results in the relevant content being
In case of cancellation or change, the Fund Manager and the Fund Custodian may, after reaching an agreement through consultation and making an announcement in advance, directly
The contents shall be modified and adjusted without the need to convene a general meeting of fund share holders for deliberation.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
15、 Prohibited acts
The behaviors prohibited by the parties to this agreement include but are not limited to:
（1） The Fund Manager and the Fund Custodian confuse their own property or other people's property with the Fund property
Engaged in securities investment.
（2） The fund manager treats the different fund assets under its management unfairly, and the fund custodian is unfair
To treat different fund assets under its custody.
（3） The Fund Manager and the Fund Custodian are the Fund Unitholders by taking advantage of the Fund assets or their positions
A third party other than.
（4） The Fund Manager and the Fund Custodian promise the Fund Unitholders gains or bear losses in violation of regulations
Loss.
（5） The Fund Manager and the Fund Custodian disclose to others any information that has not been
Information disclosed publicly in the manner prescribed by laws and regulations.
（6） The Fund Manager issues investment instructions and redemption to the Fund Custodian without sufficient funds
Transfer instructions for the return and dividend funds, or send instructions to the fund custodian in violation of regulations.
（7） The Fund Manager and the Fund Custodian are not independent in administration and finance, and their senior managers
Part time job with other employees.
（8） The Fund Custodian privately uses or disposes of the Fund assets in accordance with the legal instructions of the Fund Manager
Except for the disposal specified in the gold contract or the custody agreement.
（9） The fund assets shall be used for the following investments or activities: 1. underwriting securities; 2. Loan to others in violation of regulations
Payment or providing guarantee; 3. Investment with unlimited liability; 4. Trading other fund units, but in China
Unless otherwise stipulated by the CSRC; 5. Make capital contributions to its fund manager and fund custodian; 6. Engaging in insider trading
Manipulation of securities trading prices and other improper securities trading activities; 7. Laws, administrative regulations and China Securities Regulatory Commission
Other activities prohibited by regulations. Laws, administrative regulations or regulatory authorities cancel or change the above restrictions, if applicable
For the purpose of the Fund, after the Fund Manager has performed appropriate procedures, the Fund's investment will no longer be subject to relevant restrictions or
The changed regulations shall prevail.
（10） The Fund Manager publicizes in violation of regulations in the name of the Fund Custodian.
（11） Other acts prohibited by laws and regulations and the Fund Contract, as well as laws, administrative regulations and
Other acts prohibited by the CSRC for fund managers and fund custodians.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
The above restrictions are cancelled by laws, regulations or regulatory authorities. If applicable to the Fund, the Fund's investment will no longer be subject to
Relevant restrictions.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
16、 Change and Termination of Custody Agreement and Liquidation of Fund Assets
（1） Change procedure of custody agreement
The parties to this agreement may amend the agreement upon consensus. The revised new agreement, which
The contents shall not conflict with the provisions of the Fund Contract. The change of the fund custody agreement shall be reported to the CSRC
keep on record.
（2） Circumstances arising from the termination of the Fund Custody Agreement
1. The Fund Contract is terminated;
2. The Fund Custodian is dissolved, revoked, bankrupt or other Fund Custodian takes over the Fund assets;
3. The Fund Manager is dissolved, revoked, bankrupt or taken over by another Fund Manager;
4. The termination event specified by laws and regulations or the Fund Contract occurs.
（3） Liquidation of fund assets
1. Fund asset liquidation team: within 30 working days from the date of the termination of the Fund Contract
Establish a fund asset liquidation group, and the fund manager shall organize a fund asset liquidation group and supervise it in the CSRC
Fund liquidation shall be carried out under.
2. Before the Fund assets liquidation team takes over the Fund assets, the Fund Manager and the Fund Custodian shall
The provisions of the Fund Contract and the Custody Agreement continue to perform the responsibility of protecting the security of the Fund's assets.
3. Composition of the Fund Assets Liquidation Team: the members of the Fund Assets Liquidation Team are entrusted by the Fund Manager and the Fund
People, certified public accountants and lawyers who meet the provisions of the Securities Law of the People's Republic of China, and the CSRC
Fixed personnel composition. The Fund assets liquidation team may employ necessary staff.
4. 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.
5. Fund asset liquidation procedures:
(1) In case of termination of the Fund Contract, the Fund Property Liquidation Team shall take over the Fund 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 external audit on the liquidation report
Issue legal opinions;
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
6. The time limit for the liquidation of the Fund's assets is six months, but the liquidity of the securities held by the Fund is restricted
If the liquidation cannot be realized in time, 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 Team in priority from the Fund assets.
（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
After being audited by an accounting firm as stipulated in the Securities Law of the People's Republic of China and issued a legal opinion by a law firm,
Report to the CSRC for filing and announcement. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report
The Fund Assets Liquidation Group shall make an announcement within 5 working days after filing, and the Fund Assets Liquidation Group shall
The settlement report shall be published on the specified website, and the suggestive announcement of the liquidation report shall be published on the specified newspaper.
（7） Preservation of fund assets liquidation books and documents
The fund assets liquidation account book and relevant documents shall be kept by the fund custodian at least as low as the minimum required by laws and regulations
Term.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
17、 Liability for breach of contract
（1） If the Fund Manager or the Fund Custodian fails to perform this Agreement or the performance of this Agreement is inconsistent with the agreement,
It shall bear the liability for breach of contract.
（2） The Fund Manager and the Fund Custodian violate the Fund Law in the process of performing their respective duties
And other laws and regulations or the Fund Agreement and this Custodian Agreement
If the amount holders cause damage, they shall be liable for compensation for their respective acts according to law; Due to joint action
If fund assets or fund share holders cause damage, they shall bear joint and several liability for compensation. Compensation for losses
Compensation is limited to direct losses.
（3） If one party breaches the contract and causes losses to the other party, it shall compensate for the direct losses
Compensation; If any loss is caused to the fund property, the direct loss shall be compensated, and the other party shall have the rights and obligations
To recover from the defaulting party on behalf of the Fund. However, the party concerned shall be exempted from liability if:
1. Force majeure;
2. The Fund Manager and/or the Fund Custodian shall comply with the then effective laws, regulations, rules and market transaction rules
Or the act or omission of the China Securities Regulatory Commission, the China Banking Regulatory Authority and other regulatory bodies
Loss, etc;
3. The Fund Manager has made investment in accordance with the investment principles specified in the Fund Contract or failed to exercise its investment rights
Loss, etc.
（4） If one party breaches the contract, the other party is obliged to take necessary measures
Measures shall be taken to prevent the expansion of losses. If the loss is further aggravated due to the failure to take appropriate measures
Claim compensation for the expanded loss. The reasonable expenses incurred by the non defaulting party to prevent the loss from expanding shall be borne by the defaulting party.
（5） If the breach of contract has occurred, but this custody agreement can continue to be performed
The Fund Manager and the Fund Custodian shall continue to perform this Agreement on the premise of protecting the interests of the Fund Unitholders.
（6） Business errors due to factors beyond the control of the Fund Manager and the Fund Custodian
Although the Fund Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures for inspection, they have not
If errors can be found or can not be avoided due to the above reasons, resulting in losses of fund assets or investors,
The Fund Manager and the Fund Custodian shall be exempted from liability for compensation. However, the Fund Manager and the Fund Custodian shall actively adopt
Take necessary measures to mitigate or eliminate the impact.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
18、 Dispute resolution
Disputes arising from or related to this Agreement shall be settled by both parties through consultation and mediation
If mediation fails, the following methods can be adopted:
Either party has the right to submit the dispute to the Shanghai International Economic and Trade Arbitration Commission, which will then be effective
The arbitration shall be conducted in Shanghai according to the arbitration rules of
Binding. Unless otherwise determined by the arbitration award, the arbitration fee shall be borne by the losing party. During the arbitration, this
The provisions of the agreement that are not involved in the dispute shall still be performed.
During the dispute settlement period, both parties shall abide by the responsibilities of the Fund Manager and the Fund Custodian and continue to
Faithfully, diligently and responsibly perform the obligations specified in the Fund Contract and this Custodian Agreement, and maintain the Fund shares
The legitimate rights and interests of the holder.
This agreement is subject to the laws and regulations of the People's Republic of China (for the purpose of this agreement, Hong Kong and Macao are excluded here
Laws and regulations of the Special Administrative Region and Taiwan), and shall be interpreted in accordance with them.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
19、 Effect of Custody Agreement
Both parties agree on the effectiveness of the custody agreement as follows:
（1） The draft custody agreement is stamped with the official seal or special seal for contract by both parties to the custody agreement, or
Valid authorization seal and signature (seal) of legal representatives or authorized representatives of both parties
The CSRC revised the draft custody agreement. The custody agreement shall take the text registered with the CSRC as the official text.
（2） The Custody Agreement shall be established from the date of establishment of the Fund Contract, and from the date of entry into force of the Fund Contract
Effective. The term of validity of the custody agreement shall be from the effective date to the liquidation result of the fund assets submitted to the CSRC for filing
The case shall be announced at the same time.
（3） The trusteeship agreement shall have the same legal binding force on the parties to the trusteeship agreement as of the effective date.
（4） This agreement is made in triplicate, one for each party and one for the regulatory authority
Equal legal effect.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
20、 Other matters
If the competent judicial authority freezes the fund units of the fund unit holders according to law, the fund manager shall
Cooperate and undertake the obligation of judicial assistance.
Unless explicitly defined in this Agreement, the definitions of terms in this Agreement shall apply to the provisions of the Fund Contract. The Association
Matters not covered in the discussion shall be handled through consultation by the parties in accordance with the Fund Contract, relevant laws and regulations, etc.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
21、 Signing of Escrow Agreement
The legal representatives or authorized representatives of both parties hereto shall sign (seal) and affix official seal or special seal for contract
Or effective authorization seal, signing place and signing date.
Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
This page is intentionally left blank and is the signature and seal page of Deppon Ruifeng Bond Securities Investment Fund Custody Agreement
Fund manager: Deppon Fund Management Co., Ltd. (official seal or special seal for contract or effective authorization seal)
Legal representative or authorized representative:
Signed at:
Signed on:
Fund Custodian: Hengfeng Bank Co., Ltd. (official seal or special seal for contract or effective authorization seal)
Legal representative or authorized representative:
Signed in: Shanghai
Signing date: 2021