Pengyang Fund Management Co., Ltd
Pengyang Pioneer One year Holding Period Hybrid
Securities Investment Fund Contract
Fund Manager: Pengyang Fund Management Co., Ltd
Fund Custodian: Bank of China Limited
catalog
Part I Foreword one
Part II Definitions three
Part III Basic Information of the Fund eight
Part IV Sale of Fund Units ten
Part V Fund Filing twelve
Part VI Subscription and Redemption of Fund Units thirteen
Part VII Parties to the Fund Contract and Their Rights and Obligations twenty-two
Part VIII General Meeting of Fund Unitholders twenty-nine
Part IX Replacement Conditions and Procedures of Fund Manager and Fund Custodian thirty-seven
Part X Custody of the Fund forty
Part XI Registration of Fund Units forty-one
Part XII Investment of the Fund forty-three
Part XIII Assets of the Fund fifty-three
Part XIV Valuation of Fund Assets fifty-four
Part XV Fund Fees and Taxes sixty-one
Part XVI Income and Distribution of the Fund sixty-four
Part XVII Accounting and Audit of the Fund sixty-six
Part XVIII Information Disclosure of the Fund sixty-seven
Part XIX Change and Termination of the Fund Contract and Liquidation of the Fund Assets seventy-four
Part XX Liability for Breach of Contract seventy-six
Part XXI Dispute Settlement and Applicable Law seventy-seven
Part XXII Effectiveness of Fund Contract seventy-eight
Part XXIII Other Matters seventy-nine
Part XXIV Summary of Fund Contract eighty
Part I Preface
1、 Purpose, Basis and Principle of the Fund Contract
1. The purpose of concluding a fund contract is to protect the legitimate rights and interests of investors, clarify the rights and obligations of the parties to the fund contract
Model fund operation.
2. The basis for concluding the Fund Contract is the Civil Code of the People's Republic of China (hereinafter referred to as the Civil Code)
The Law of the People's Republic of China on Securities Investment Funds (hereinafter referred to as the Fund Law), the Administrative Measures for the Operation of Publicly Offered Securities Investment Funds
(hereinafter referred to as the "Operation Measures"), the "Measures for the Supervision and Administration of Publicly Offered Securities Investment Fund Sales Agencies" (hereinafter referred to as the "Cancellation Measures")
Measures for the Administration of Information Disclosure of Publicly Offered Securities Investment Funds (hereinafter referred to as the Measures for Information Disclosure)
Provisions on Liquidity Risk Management of Open ended Securities Investment Funds (hereinafter referred to as the "Provisions on Liquidity Risk Management")
He has relevant laws and regulations.
3. The principles for concluding a fund contract are equality, voluntariness, honesty and credibility, and full protection of the legitimate rights and interests of investors.
2、 The fund contract is the basic legal document that stipulates the rights and obligations between the parties to the fund contract
Any document or statement relating to the rights and obligations between the parties to the fund contract, if in conflict with the fund contract, shall be
The fund contract shall prevail. The parties to the fund contract shall enjoy the rights and bear the liabilities in accordance with the Fund Law, the fund contract and other relevant provisions
Obligations.
The parties to a fund contract include the fund manager, the fund custodian and the fund unit holders. Self reliance of fund investors
Fund units acquired by a fund contract means that a fund unit holder and a party to the fund contract hold fund units
It itself indicates its recognition and acceptance of the fund contract.
3、 Pengyang Pioneer One year Holding Period Hybrid Securities Investment Fund (hereinafter referred to as the Fund) is managed by the Fund Manager in accordance with
Raised in accordance with the Fund Law, the Fund Contract and other relevant regulations, and approved by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC")
China Securities Regulatory Commission).
The registration of the Fund raised by the CSRC does not indicate that it has made substantial contribution to the investment value and market prospects of the Fund
Nor does it mean that there is no risk in investing in the Fund.
The Fund Manager shall manage and use the Fund assets in accordance with the principles of due diligence, good faith, prudence and diligence, but does not guarantee that
Investing in the Fund will be profitable and will not guarantee the minimum return.
Investors should carefully read the fund prospectus, fund contract, fund product information summary and other information disclosure documents,
To independently judge the investment value of the fund, make investment decisions and bear investment risks.
4、 The Fund Manager and the Fund Custodian disclose information related to the Fund outside the Fund Contract, which involves definition
If there is any conflict between the rights and obligations of the parties to the fund contract and the fund contract, the fund contract shall prevail.
5、 The Fund is established and operated in accordance with Chinese laws and regulations
If the mandatory provisions are inconsistent, the provisions of the then effective laws and regulations shall prevail.
6、 When the Fund holds specific assets and there are or potential large redemption applications, the Fund Manager shall, after performing the corresponding procedures,
The side pocket mechanism can be enabled. See the relevant sections of the fund contract and prospectus for details. During the implementation of the side pocket mechanism, the fund
The manager will mark the fund abbreviation in a special way and will not handle the subscription and redemption of the side pocket account. Please be careful
Read the relevant content and pay attention to the specific risks when the Fund uses the side pocket mechanism.
7、 The Fund sets a holding period of 365 days for each fund unit transferred by subscription/subscription/conversion. yes
The Fund Manager will not confirm the application for redemption or transfer out of fund units held for less than the holding period.
8、 The Fund may, according to the needs of its investment strategy or the changes in the market environment of different allocation places, choose to allocate some of its assets
Invest in the Stock Exchange of Hong Kong under the trading interconnection mechanism between the mainland and Hong Kong stock markets
Listed stocks (hereinafter referred to as "Hong Kong Stock Standard Stock") or choose not to invest fund assets in Hong Kong Stock Standard Stock
Assets are not necessarily invested in Hong Kong stocks. Investing in stocks of Hong Kong Stock Connect may expose the Fund to the trading mechanism of Hong Kong Stock Connect
The following unique risks arising from differences in investment environment, investment object, market system, trading rules, etc. include but are not limited to:
The risk of large price fluctuation in the Hong Kong stock market (the Hong Kong stock market implements T+0 reverse trading, and there is no limit on the rise and fall of individual stocks
The stock price of A shares may show more drastic fluctuations than that of A shares), exchange rate risk (exchange rate fluctuations may affect the investment income of the Fund
Loss caused by profits), possible risks caused by inconsistent trading days under the Hong Kong Stock Connect mechanism (in the case of the opening of the mainland market and the closing of the Hong Kong market,
The Hong Kong Stock Connect cannot be traded normally, and Hong Kong stocks cannot be sold in time, which may bring some liquidity risk).
9、 The Fund may invest in depositary receipts. If it invests, the net value of the Fund may be subject to the overseas underlying securities price of the depositary receipts
Impact of fluctuations, risks related to overseas underlying securities of depositary receipts, and risks related to the issuance mechanism and trading mechanism of depositary receipts
The risk may directly or indirectly become the risk of the Fund.
10、 The Fund can invest in stock index futures and treasury bond futures. If it invests, the futures will adopt the margin trading system
Securities and gold trading is leveraged. In case of adverse market conditions, minor changes in relevant market conditions may cause investors' rights and interests to suffer
Large losses. Futures adopt the daily debt free settlement system. If the margin is not replenished within the specified time
Being forced to close the position may cause significant losses to the investment. The Fund can invest in stock options. If it invests, it may face risks
Insurance includes but is not limited to liquidity risk, price risk, operational risk, etc., which may cause significant losses to the investment. See details
The "Risk Disclosure" section of the Prospectus. To hedge credit risk, the Fund may invest in credit derivatives,
Credit derivatives investment may face liquidity risk, repayment risk and price fluctuation risk.
Part II Interpretation
In this Fund Contract, unless the context otherwise requires, the following words or abbreviations have the following meanings:
1. Fund or the Fund: refers to Pengyang Pioneer one-year holding period hybrid securities investment fund
2. Fund Manager: Pengyang Fund Management Co., Ltd
3. Fund Custodian: refers to Bank of China Limited
4. Fund contract or this fund contract: refers to the Pengyang Pioneer One year Holding Period Hybrid Securities Investment Fund
The Fund Agreement and any effective amendments and supplements to the Fund Agreement
5. Custody Agreement: refers to the one-year holding period of Pengyang Pioneer signed between the Fund Manager and the Fund Custodian for the Fund
Mixed Securities Investment Fund Custody Agreement and any effective amendments and supplements to the Custody Agreement
6. Prospectus: refers to the Prospectus of Pengyang Pioneer One year Holding Period Hybrid Securities Investment Fund and its
to update
7. Summary of fund product information: refers to the fund product of Pengyang Pioneer One year Holding Period Hybrid Securities Investment Fund
Material Summary and its update
8. The announcement on the sale of fund units: refers to the "Issuance of Fund Units of Pengyang Pioneer One year Holding Period Hybrid Securities Investment Fund"
Sales Announcement
9. Laws and regulations: refer to the laws, administrative regulations, normative documents, judicial interpretations
Administrative rules and other decisions, resolutions and notices that are binding on the parties to the fund contract
10. The Fund Law refers to the Fifth Meeting of the Standing Committee of the Tenth National People's Congress held on October 28, 2003
Adopted at the 30th Meeting of the Standing Committee of the Eleventh National People's Congress on December 28, 2012,
Implemented on June 1, 2013 and approved by the Standing Committee of the Twelfth National People's Congress on April 24, 2015
The 14th Meeting of the Standing Committee of the National People's Congress on Amending Seven Laws Including the Port Law of the People's Republic of China
The Securities Investment Fund Law of the People's Republic of China as amended by the Decision of
11. Sales Measures: Refers to the "Publicity Measures" issued by the CSRC on August 28, 2020 and implemented on October 1 of the same year
Measures for the Supervision and Administration of Securities Investment Fund Offering Sales Agencies and amendments made by the promulgating authority from time to time
12. Information Disclosure Measures: promulgated by the CSRC on July 26, 2019 and implemented on September 1 of the same year,
Public Offering, as amended by the Decision of the CSRC on Amending Some Securities and Futures Regulations on March 20, 2020
Administrative Measures for Information Disclosure of Securities Investment Funds and amendments made by the promulgating authority from time to time
13. Operation Measures: refer to the Public Offering issued by the CSRC on July 7, 2014 and implemented on August 8 of the same year
Measures for the Operation and Management of Securities Investment Funds and amendments made by the promulgating authority from time to time
14. Liquidity Risk Management Regulations: promulgated by the CSRC on August 31, 2017 and implemented on October 1 of the same year
Provisions on Liquidity Risk Management of Public Offering Open ended Securities Investment Funds and amendments made by the promulgating authority from time to time
15. China Securities Regulatory Commission: China Securities Regulatory Commission
16. Banking regulatory authority: refers to the People's Bank of China and/or the China Banking and Insurance Regulatory Commission
17. Parties to the Fund Contract: legal owners who are bound by the Fund Contract and enjoy rights and assume obligations under the Fund Contract
The Fund Manager, the Fund Custodian and the Fund Unitholders
18. Individual investor: refers to a natural person who can invest in securities investment funds according to relevant laws and regulations
19. Institutional investors: refer to those who can invest in securities investment funds according to law, are legally registered in the People's Republic of China and
Enterprise legal person, public institution legal person, social organization or other organizations existing or established and existing with the approval of relevant government departments
20. QFII: refers to qualified foreign institutional investors and RMB qualified foreign institutional investors
The Measures for the Administration of Securities and Futures Investment and relevant laws and regulations stipulate that the funds from abroad are used for domestic securities and futures investment
Foreign institutional investors, including qualified foreign institutional investors and RMB qualified foreign institutional investors
21. Investors, investors: refers to individual investors, institutional investors, qualified foreign investors, as well as laws, regulations or
The collective name of other investors allowed by the CSRC to purchase securities investment funds
22. Fund share holders: refer to investors who legally acquire fund shares in accordance with the fund contract and prospectus
23. Fund sales business: refers to the fund manager or sales agency opening a fund trading account for investors to promote the basic
Fund, handling the sale, subscription, redemption, conversion, custody transfer, regular and quota investment of fund units and providing fund transaction account letter
Information inquiry and other businesses
24. Sales agency: refers to Pengyang Fund Management Co., Ltd. and the company that complies with the Sales Measures and has been approved by the CSRC or its
The agency registered, obtained the qualification of fund sales business, signed a fund sales service agreement with the fund manager, and handled the fund
Sales organization
25. Registration business: refers to fund registration, custody, transfer, clearing and settlement business, including investor funds
Establishment and management of accounts, registration of fund shares, confirmation, clearing and settlement of fund sales business, agency distribution of dividends
Establish and maintain the register of fund unit holders and handle non trading transfer, etc
26. Registration agency: refers to the agency that handles registration business. The registration authority of the fund is Pengyang Fund Management Co., Ltd. or
Agency entrusted by Pengyang Fund Management Co., Ltd. to handle registration business
27. Fund account: refers to the fund opened by the registration institution for investors, which records the funds held by them and managed by the fund manager
Account of share balance and its change
28. Fund transaction account: refers to the account opened by the sales agency for the investor, recording the investor's subscription through the sales agency
Account of fund unit change and balance caused by subscription, redemption, conversion, custody transfer, fixed investment and other businesses
29. The effective date of the fund contract: means that the fund raising meets the conditions stipulated by laws and regulations and the fund contract, and the fund management
The date on which the person has completed the fund filing procedures with the CSRC and obtained the written confirmation from the CSRC
30. The termination date of the fund contract refers to the date when the fund assets are liquidated after the causes for the termination of the fund contract specified in the fund contract occur,
The date on which the liquidation results are reported to the CSRC for filing and announced
31. Fund raising period: refers to the period from the date of offering of fund units to the date of closing the offering, which shall not exceed 3
Months
32. Duration: refers to the indefinite period between the effectiveness and termination of the fund contract
33. Start date: for each subscription unit, it refers to the effective date of the fund contract; For the start of each subscription share
Date means the date on which the application for subscription of such fund units is confirmed; The starting date of each transferred unit refers to the conversion of the fund unit
Date of confirmation of transfer in application
34. Holding period: for each fund unit, holding period refers to
The date of confirmation of the application for subscription of gold units (for subscription units) or the date of confirmation of the application for conversion of fund units (for conversion conversion
In terms of income shares) 365 days
35. Working day: refers to the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange
36. T day: refers to the open day on which the sales institution accepts the subscription, redemption or other business applications of investors at the specified time
37. T+n day: refers to the nth working day from T day (excluding T day)
38. Open day: refers to the working day for investors to handle the subscription, redemption or other business of fund units. If the working day is
If it is not a trading day of the Hong Kong Stock Connect, the Fund has the right not to open subscription, redemption and other businesses, and make an announcement in accordance with regulations.
39. Opening Hours: refers to the time period when the fund accepts subscription, redemption or other transactions on the open day
40. Hong Kong Stock Connect: refers to the securities trading service set up by the mainland stock exchange entrusted by mainland investors to mainland securities companies
And declare to the Stock Exchange of Hong Kong to buy and sell stocks listed on the Stock Exchange of Hong Kong within the specified scope
41. Credit derivatives: refer to those that comply with the relevant business rules of the stock exchange or the inter-bank market and are specifically used to manage credit risk
Credit derivatives of insurance
42. Credit protection buyer: also called credit protection buyer, refers to the party receiving credit risk protection
43. Credit protection seller: also called credit protection provider, refers to the party providing credit risk protection
44. Nominal principal: also called transaction nominal principal, refers to the amount of credit risk protection provided for credit derivatives transactions
The payment and settlement of items are based on this amount
45. Business Rules: refers to the Open ended Fund Business Rules of Pengyang Fund Management Co., Ltd., which is to standardize fund management
The business rules on the registration of open-ended securities investment funds managed by the Fund Manager shall be jointly observed by the Fund Manager and investors
46. Subscription: during the fund raising period, investors apply to purchase funds according to the fund contract and prospectus
Share behavior
47. Subscription: after the Fund Contract comes into effect, investors apply to purchase the Fund in accordance with the Fund Contract and the Prospectus
Share behavior
48. Redemption: after the Fund Contract comes into effect, the Fund Unitholders shall
The act of seeking to convert fund shares into cash
49. Fund conversion: refers to the conditions stipulated by the Fund Unitholders in accordance with the Fund Agreement and the then effective announcement of the Fund Manager,
Apply to convert the fund units of a fund managed by the fund manager held by him into other funds managed by the fund manager
Behavior of gold share
50. Transfer of custody: refers to the change of fund units held by fund unit holders between different sales agencies of the Fund
Operation of sales organization
51. Regular and quota investment plan: refers to the application submitted by the investor through the relevant sales agency to agree on the subscription date and deduction of each period
The amount and deduction method shall be automatically completed by the sales agency in the bank account designated by the investor on the agreed deduction date of each period
An investment method for fund subscription application
52. Massive redemption: refers to the net redemption application of the Fund on a single open day (the total number of redemption application units plus the fund transfer
The balance after deducting the total number of subscription application units and the total number of transfer in application units in fund conversion)
More than 10% of the total fund shares of the previous working day
53. RMB: refers to RMB
54. Fund income: refers to dividend, dividend, bond interest, price difference of securities, bank deposit interest
Other legal income realized and cost and expense savings arising from the use of fund assets
55. Total value of fund assets: refers to various securities owned by the fund, principal and interest of bank deposits, fund receivables and others
Total value of assets
56. Net Asset Value of the Fund: the value of the total asset value of the Fund minus the liabilities of the Fund
57. Net value of fund units: refers to the net value of fund assets on the calculation date divided by the total number of fund units on the calculation date
58. Fund asset valuation: It refers to calculating and evaluating the value of fund assets and liabilities to determine the net value of fund assets and fund shares
The process of net amount
59. Regulated media: national newspapers and periodicals that meet the conditions specified by the CSRC for information disclosure and "Information
Internet websites specified in the Disclosure Measures (including the fund manager website, the fund custodian website, and the fund electricity of the CSRC)
Sub disclosure website) and other media
60. Liquidity restricted assets: refer to assets that cannot be priced at a reasonable price due to laws and regulations, supervision, contracts or operational barriers
Assets to be realized, including but not limited to reverse repurchase and bank fixed deposits (including
Bank deposits that are conditionally withdrawn in advance as agreed upon in the negotiation), suspended shares, new shares with restricted circulation and non-public issuance of shares and assets
Supporting securities, bonds that cannot be transferred or traded due to the issuer's debt default, etc
61. Swing pricing mechanism: refers to the party that adjusts the net value of fund units when open-end funds are subject to large purchase and redemption
Formula, allocate the market shock cost of the fund's adjusted portfolio to the investors who actually subscribe and redeem, so as to reduce the stock
The adverse impact on the interests of fund share holders to ensure that the legitimate rights and interests of investors are not damaged and are treated fairly
62. Type of Fund Units: The Fund may, according to the different collection methods of subscription fees, subscription fees and sales service fees
Fund units are divided into different categories. Different fund codes are set for each type of fund unit, and each type of fund is calculated and published separately
Net value of units and cumulative net value of various fund units
63. Sales service fee: It refers to the amount withdrawn from the fund property and used for the market promotion and sales of the fund and the holding of fund units
Fees for attended services
64. Class A fund shares: the subscription/purchase fees are charged when the investor subscribes/subscribes, but not from the fund assets of this class
If the sales service fee is accrued in, it is called Class A fund share
65. Class C fund units: no subscription/purchase fee is charged when investors subscribe/purchase, but the fund assets of this class
If the sales service fee is accrued in, it is called Class C fund share
66. Side pocket mechanism: refers to the separation of specific assets in the fund portfolio from the original account to a special account for processing
The purpose of liquidation is to effectively isolate and defuse risks and ensure that investors are treated fairly. It belongs to liquidity risk management
With. During the implementation of the side pocket mechanism, the original account is called the main pocket account and the special account is called the side pocket account
67. Specific assets: including: (I) no active market price to refer to and fair value still caused by valuation techniques
Assets with significant uncertainty; （2） The asset value still exists due to the measurement at amortized cost and provision for asset impairment
Assets with significant uncertainty; （3） Other assets with significant uncertainty in value
68. Force majeure: refers to objective events that cannot be foreseen, avoided and overcome by the parties to the fund contract
Part III Basic Information of the Fund
1、 Fund name
Pengyang Pioneer One year Holding Period Hybrid Securities Investment Fund
2、 Category of fund
Hybrid securities investment fund
3、 Operation mode of the fund
Contractual and open. The holding period defined by the Fund is 365 days.
The Fund is open for subscription on every open day, but investors must at least hold the fund units transferred from each subscription/subscription/conversion
365 days. For each fund unit, the holding period refers to the period from the effective date of the fund contract (for subscription units, the same below)
The date of confirmation of the application for subscription of gold units (for subscription units, the same below) or the date of confirmation of the transfer of fund units (for conversion
For the transferred shares, the same below) has been completed for 365 days. Redemption application or transfer out application for fund units held for less than the holding period
Please, the fund manager will not confirm.
4、 Investment objectives of the Fund
Under the premise of risk control, the Fund selects high-quality listed companies for investment, and strives to achieve long-term stability of fund assets
Health increases.
5、 Total minimum raised shares of the Fund
The minimum total number of units raised by the Fund is 200 million.
6、 Selling face value and subscription fees of fund units
The selling face value of the Fund units is RMB 1.00.
The subscription rate of the Fund is subject to the provisions of the Prospectus and the summary of fund product information.
7、 Duration of the Fund
Irregular
8、 Type of Fund Units
The Fund divides the Fund units into Class A and Class C according to the different collection methods of subscription fees/subscription fees and sales service fees
Fund shares. Collect subscription/subscription fees when investors subscribe/subscribe, instead of withdrawing sales services from fund assets of this category
Service fees are called Class A fund shares. When investors subscribe/subscribe, they do not charge subscription/subscription fees, but
If sales service fees are accrued in assets, they are called Class C fund shares. Fund units that investors can choose to subscribe or subscribe for
No.
Fund codes are set for different types of fund units of the Fund, and the net value of each type of fund unit and each type of fund unit are calculated and announced respectively
Accumulated net value of fund units.
The specific setting and rate level of the relevant fund unit categories shall be determined by the fund manager and announced in the prospectus.
According to the operation of the Fund, if it does not violate the laws and regulations, the provisions of the Fund Contract and does not materially affect the interests of the Fund Unitholders
Under the circumstance of adverse sexual impact, the Fund Manager may add new categories of fund units after performing appropriate procedures, or
Stop the sale of existing fund unit categories, or adjust the classification methods and rules of fund units, without holding fund unit holdings
There will be a general meeting, but before the adjustment is implemented, the fund manager needs to make a timely announcement and report to the CSRC for filing.
Part IV Sale of Fund Units
1、 The time, method and target of offering fund units
1. Sale time
The maximum period of time from the date of sale of fund units shall not exceed 3 months. See the announcement on the sale of fund units for the specific time of sale.
2. Way of sale
Public offering through the fund sales outlets of each sales agency. See the fund unit offering announcement for the specific list of each sales agency
And the fund manager's website.
3. Target
Individual investors, institutional investors and qualified overseas investment that can invest in securities investment funds in accordance with laws and regulations
And other investors permitted by laws and regulations or the CSRC to purchase securities investment funds. The specific sales target is recruitment
The written statement, the fund unit offering announcement or the relevant announcement shall prevail.
2、 Subscription of Fund Units
1. Subscription fee
The subscription rate of the Fund is determined by the Fund Manager and listed in the Prospectus and the summary of fund product information. base
The subscription fee shall not be included in the fund property.
2. Treatment of interest during the raising period
The interest generated from the effective subscription funds during the raising period will be converted into fund units and owned by the fund unit holders, of which the interest
The interest transfer shares shall be subject to the records of the registration authority.
3. Calculation of Fund Subscription Units
The specific calculation method of fund subscription units is listed in the prospectus.
4. Handling method of subscribed share balance
The handling method of the balance of subscription units is listed in the prospectus.
5. Confirmation of subscription application
The acceptance of the subscription application by the fund sales agency does not necessarily mean that the application is successful, but only means that the sales agency actually receives it
Go to subscription application. The confirmation of successful subscription shall be subject to the confirmation result of the registration authority. Confirmation of subscription application and subscription shares
Investors shall timely inquire about the situation.
3、 Limitation on the amount of fund share subscription
1. When subscribing, investors shall pay in full in the way specified by the sales agency.
2. The fund manager can limit the minimum subscription amount of each fund transaction account. Please refer to
See the prospectus or relevant announcements.
3. The Fund Manager may limit the cumulative subscription amount of a single investor during the offering period. Specific restrictions and penalties
Please refer to the Prospectus or relevant announcements for details.
4. Investors may subscribe for fund units several times during the offering period, and once the subscription is accepted, it cannot be revoked. Subscription fee per transaction
Subscription applications are calculated separately.
5. During the fund raising period, the cumulative subscription units confirmed by the registration authority to a single investor shall not reach or exceed
50% of the total shares shall be confirmed by the registration authority, and the subscription shares in excess shall not be confirmed by the registration authority. The Fund Manager accepts a certain transaction or
If some subscription applications may lead investors to evade the above 50% ratio requirement in disguised form, the fund manager has the right to refuse such full
Partial or partial subscription application. Unless otherwise stipulated by laws and regulations, regulatory authorities or the fund contract.
Part V Fund Filing
1、 Conditions for Fund Filing
The total number of units raised in the Fund shall not be less than 200 million within three months from the date of sale of the Fund units
If the amount is not less than 200 million yuan and the number of fund subscribers is not less than 200, the fund raising period expires or the fund
The Manager may decide to stop the sale of the Fund in accordance with laws, regulations and the Prospectus, and employ a statutory capital verification agency within 10 days
Capital verification: within 10 days from the date of receiving the capital verification report, go through the fund filing procedures with the CSRC.
If the fund raising meets the requirements for fund filing, the fund manager shall complete the fund filing procedures and obtain the approval from the CSRC
The Fund Contract will come into force from the date of written confirmation; Otherwise, the Fund Contract will not take effect. The Fund Manager has received
The CSRC will announce the effectiveness of the Fund Contract on the next day after the confirmation document. The Fund Manager shall
The raised funds shall be deposited into a special account and shall not be used by anyone before the end of the fund raising.
2、 Handling method of raised funds when the fund contract fails to take effect
If the raising period expires and the fund filing conditions are not met, the fund manager shall bear the following responsibilities:
1. Bear the debts and expenses arising from the raising with its inherent property;
2. Return the funds paid by investors within 30 days after the expiration of the fund raising period, and add the current deposit of the same period in the bank
interest;
3. If the fund raising fails, the fund manager, the fund custodian and the sales institution shall not request remuneration. Fund manager
All expenses paid by the fund custodian and the sales institution for the fund raising shall be borne by each party.
3、 Number of fund share holders and asset size within the duration of the fund
After the Fund Contract comes into effect, the number of fund share holders is less than 200 or the fund
Where the net asset value is less than 50 million yuan, the fund manager shall disclose it in the regular report; 50 consecutive working days
In case of any of the above circumstances, the Fund Agreement shall be terminated without convening a general meeting of Fund Unitholders, and the Fund Manager shall promptly notify the Fund Manager
Gold Custodian.
Where laws and regulations or the CSRC provide otherwise, such provisions shall prevail.
Part VI Subscription and Redemption of Fund Units
1、 Place for subscription and redemption
The subscription and redemption of the Fund will be conducted through the sales agency. The specific sales agency will be explained by the fund manager in the recruitment
Listed in the book or the fund manager's website.
The Fund Manager may change or increase or decrease the sales institutions according to the circumstances, and publicize them on the Fund Manager's website. Fund investors shall
When fund units are handled at the sales agency's business premises or in other ways provided by the sales agency
Subscription and redemption.
2、 Opening day and time of subscription and redemption
1. Open Day and Opening Hours
The fund manager handles the subscription and redemption of fund units on the open day, but holds each fund unit for less than 365 days
The Fund Manager will not confirm the redemption application of. The specific handling time of the opening day is Shanghai Stock Exchange and Shenzhen Securities
Trading hours on the normal trading day of the Exchange (if the trading day is not a Hong Kong Stock Connect trading day, the Fund has the right not to open subscription
Redemption and other businesses, and make an announcement as required), but the fund manager shall
Except for the announcement of suspension of subscription and redemption as agreed in the contract.
After the Fund Contract comes into effect, if there is a new securities and futures trading market, a change in the trading time of the securities and futures exchange or other
Under special circumstances, the Fund Manager will adjust the aforesaid opening days and opening hours as appropriate, but before the implementation date
Announce on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
2. Start date of subscription and redemption and business handling time
The Fund Manager may, in accordance with the actual situation, decide the specific date for the Fund to begin to handle the subscription and the specific business
The time shall be specified in the announcement of subscription start.
The Fund Manager shall handle redemption after the expiration of the holding period within 365 days from the effective date of the Fund Contract. Due to force majeure or
Other circumstances stipulated in the fund contract make it impossible for the fund manager to hold the fund on time after 365 days from the effective date of the fund contract
If the redemption business is open, it shall be postponed to the date when the factors affecting force majeure or other circumstances agreed in the fund contract are eliminated
Next business day. For each fund unit, the Fund Manager will not confirm the redemption application for which the holding period has not expired.
The fund manager may not handle the subscription, redemption or transfer of fund units on a date or time other than that specified in the fund contract
Replace. The investor submits an application for subscription, redemption or conversion on a date and time other than that specified in the fund contract, and the registration authority confirms that the application is accepted
If yes, the price of subscription and redemption of fund units shall be the price of subscription and redemption of fund units on the next open day.
3、 Principles of subscription and redemption
1. The principle of "unknown price", that is, the subscription and redemption prices are based on the net value of fund units calculated after the closing of the application day
Calculate.
2. The principle of "amount subscription and share redemption" means that subscription is applied for by amount and redemption is applied for by share.
3. The application for subscription and redemption on that day may be withdrawn within the time specified by the Fund Manager.
4. Redemption follows the principle of "first in, first out", that is, redemption is carried out in the order of investors' subscription and subscription.
5. When handling subscription and redemption business, the principle of giving priority to the interests of fund unit holders shall be followed to ensure the cooperation of investors
Legal rights and interests shall not be damaged and shall be treated fairly.
The Fund Manager may adjust the above principles if permitted by laws and regulations. Fund managers must comply with the new regulations
Before the implementation, it shall be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
4、 Procedures for subscription and redemption
1. Application method for subscription and redemption
The investor must apply for subscription or redemption within the specific business handling time on the opening day according to the procedures specified by the sales agency
Application for.
2. Payment of subscription and redemption funds
When subscribing for fund units, the investor must pay the subscription amount in full before the specified time
The subscription is established by paying the subscription amount; The subscription takes effect when the fund share registration authority confirms the fund share.
The redemption is established when the fund unit holder submits the redemption application; The redemption takes effect when the fund share registration institution confirms the redemption.
After the investor's redemption application takes effect, the fund manager will pay the redemption amount within T+7 days (including that day). In case of giant
In case of redemption or other circumstances under which redemption is suspended or payment of redemption funds is postponed as agreed in the fund contract, the payment method shall refer to
Handling of relevant provisions of the fund contract.
In case of data transmission delay, communication system failure, bank data exchange system failure or other non basic
If the factors that can be controlled by the fund manager and the fund custodian affect the business process, the time of redemption payment shall be postponed accordingly.
3. Confirmation of application for subscription and redemption
The Fund Manager shall take the day when valid subscription and redemption applications are accepted before the end of trading hours as the application for subscription or redemption
Day (T day), under normal circumstances, the Fund's registration authority will confirm the effectiveness of the transaction within T+1 day. T day
For the valid application submitted, the investor can go to the sales outlet counter after T+2 day (including that day) or take other measures specified by the sales agency
Method to query the confirmation status of the application. If the subscription is unsuccessful or invalid, the principal of the subscription amount shall be returned to the investor.
The acceptance of the application for subscription and redemption by the fund sales agency does not necessarily mean that the application is successful, but only means that the sales agency does
Request received. The confirmation of successful application for subscription and redemption shall be subject to the confirmation result of the registration authority. For the confirmation of the application,
Investors shall make timely inquiries and properly exercise their legal rights.
4. The Fund Manager may, within the scope permitted by laws and regulations and the Fund Contract, adjust the above business processing time
And announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation of the adjustment.
5、 Quantity limit of subscription and redemption
1. The fund manager may specify the minimum amount of the initial subscription and each subscription of the investor and the minimum amount of each redemption
Please refer to the prospectus or relevant announcements for specific provisions.
2. The fund manager may specify the minimum fund unit balance of each fund transaction account of the investor. Please refer to
See the prospectus or relevant announcements.
3. The fund manager can stipulate the upper limit of the fund shares held by a single investor. For details, please refer to the recruitment
Written statement or relevant announcement.
4. When accepting the application for subscription has a potentially significant adverse effect on the interests of the holders of stock fund units, the fund manager
It shall set the upper limit of the amount of subscription of a single investor or the upper limit of the proportion of net subscription of a single day of the fund, reject large amount subscription, and suspend the fund
Measures such as gold subscription will effectively protect the legitimate rights and interests of the holders of stock fund units. Fund manager based on investment operation and risk
For the need of control, the above measures can be taken to control the fund size. See the relevant announcement of the Fund Manager for details.
5. The Fund Manager may, if permitted by laws and regulations, adjust the above specified subscription amount and the number of redeemed shares
Limitations. The fund manager must make an announcement on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the adjustment.
6、 Purchase and redemption prices, fees and their uses
1. The net value of the Fund units shall be calculated to the fourth decimal place and the fifth decimal place shall be rounded off,
The resulting gains or losses shall be borne by the fund property. In order to avoid the interests of fund share holders from falling into the decimal point of the net value of fund shares
The retention accuracy is adversely affected, and the fund manager can temporarily improve the accuracy of the net value of fund units, without the need to
The precision adjustment shall be announced. In case of large redemption, the net value of fund units shall be subject to the terms of large redemption. The Fund
Fund codes are set for different types of fund units, and the net value of fund units and cumulative net value of fund units are calculated and announced respectively.
The net value of fund units on T day shall be calculated after the close of the day and announced within T+1 day. In case of special circumstances, after performing appropriate procedures,
The calculation or announcement can be delayed appropriately.
2. The calculation of subscription units and the handling method of the balance: The calculation of subscription units of the Fund is detailed in the Prospectus. book
The subscription rate of Class A fund units of the Fund shall be determined by the Fund Manager and shall be included in the Prospectus and the summary of fund product information
Listed. The effective units of subscription are the net subscription amount divided by the net value of such fund units on the current day, and the effective units are units
The calculation results shall be rounded to 2 decimal places, and the resulting gains or losses shall be borne by the fund property
Dan.
3. Calculation and handling method of redemption amount: please refer to the Prospectus for the calculation of redemption amount of the Fund. The Fund's
The redemption rate shall be determined by the fund manager and listed in the prospectus and the summary of fund product information. The redemption amount is based on the fact
The effective redemption units confirmed at the time multiplied by the net value of such fund units on the day and deducted the corresponding expenses, and the unit of redemption amount is
Yuan. The above calculation results shall be rounded to 2 decimal places, and the resulting gains or losses shall be determined by the Fund
Property assumption.
4. The subscription fees for Class A fund units shall be borne by the investors who subscribe for Class A fund units of the Fund and shall not be included in the fund property
Production. There is no subscription fee for Class C fund units.
5. The redemption expenses shall be borne by the fund share holders who redeem the fund units, and the fund units shall be redeemed at the fund share holders
It shall be collected every hour. The proportion of redemption fees included in the fund property is set in accordance with relevant laws and regulations. See the prospectus for details,
The part not included in the fund property shall be used to pay the registration fee and other necessary service fees. Laws and regulations or otherwise specified by the regulatory authority
Shall be subject to its provisions.
6. The fund manager may adjust the rate or charging method within the scope agreed in the fund contract, and shall not later than the new fee
The rate or charging method shall be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation date.
7. In case of large amount purchase or redemption of the Fund, the Fund Manager may adopt the swing pricing mechanism to ensure
Fairness of fund valuation. The specific handling principles and operation specifications follow the relevant laws and regulations, as well as the regulatory authorities and self-discipline rules
regulations.
8. On the premise that there is no material adverse effect on the interests of fund share holders, the fund manager may, without violating the law
Under the circumstances stipulated by laws and regulations and agreed by the fund contract, the fund promotion plan shall be formulated according to the market conditions, and the fund promotion plan shall be carried out regularly or irregularly
Gold promotion activities. During the fund promotion activities, the fund manager may
Properly lower the sales rate of the fund.
7、 Refusal or suspension of subscription
In case of the following circumstances, the Fund Manager may refuse or suspend accepting the subscription application of investors:
1. The fund cannot operate normally due to force majeure.
2. When the valuation of fund assets is suspended as stipulated in the fund contract.
3. The securities futures exchange or foreign exchange market is suspended abnormally during trading hours, which causes the fund manager to be unable to calculate the daily basis
Net value of gold assets.
4. When accepting a certain application or some applications for subscription may affect or damage the interests of existing fund share holders.
5. The Fund Manager's acceptance of certain or certain subscription applications may lead to the proportion of fund units held by a single investor
It reaches or exceeds 50%, or avoids 50% concentration in disguised form.
6. One or some subscription applications exceed the total size of the fund, the upper limit of the net subscription ratio per day, and
The maximum amount of single day or single subscription of individual investors.
7. The size of the fund assets is too large, which makes the fund manager unable to find suitable investment varieties, or other factors that may affect the fund industry
The performance has a negative impact, or other circumstances have damaged the interests of existing fund share holders.
8. On the current valuation date, the assets with more than 50% of the net asset value of the fund have no active market price to refer to and adopt the valuation method
When the value technology still leads to significant uncertainty in the fair value, after consultation and confirmation with the Fund Custodian, the Fund Manager shall
Suspend accepting fund subscription applications.
9. The fund participates in Hong Kong Stock Connect transactions and the daily limit of Hong Kong Stock Connect transactions is insufficient.
10. When the fund manager, fund custodian, registration institution, sales institution, etc. are unable to handle the subscription business due to abnormal circumstances,
For example, the fund sales system, fund registration system or fund accounting system cannot operate normally due to technical failures and other reasons.
11. Other circumstances stipulated by laws and regulations, recognized by the CSRC or agreed in the fund contract.
In case of any of the above suspended subscription circumstances in Items 1-3 and 7-11 and the Fund Manager decides to refuse or suspend the subscription
The administrator shall publish a notice of suspension of subscription application on the specified media in accordance with relevant regulations. If all or
In case of partial rejection, the principal of the rejected subscription will be returned to the investor. When the suspension of subscription is eliminated, fund management
People shall resume the subscription business in a timely manner.
8、 Circumstances of suspending redemption or delaying payment of redemption money
Under the following circumstances, the Fund Manager may suspend accepting the redemption application of investors or postpone the payment of redemption funds:
1. The Fund Manager is unable to pay the redemption amount due to force majeure.
2. When the valuation of fund assets is suspended as stipulated in the fund contract.
3. The securities futures exchange or foreign exchange market is suspended abnormally during trading hours, which causes the fund manager to be unable to calculate the daily basis
Net value of gold assets.
4. Huge redemption occurs for two or more consecutive open days.
5. In the event that continuing to accept the redemption application will damage the interests of existing fund unit holders.
6. On the current valuation date, the assets with more than 50% of the net asset value of the fund have no active market price to refer to and adopt the valuation method
When the value technology still leads to significant uncertainty in the fair value, after consultation and confirmation with the Fund Custodian, the Fund Manager shall
Suspend the payment of redemption funds or the acceptance of fund redemption applications.
7. Other circumstances stipulated by laws and regulations, recognized by the CSRC or agreed in the fund contract.
In case of any of the above circumstances and the Fund Manager decides to suspend the redemption or postpone the payment of redemption funds, the Fund Manager shall
It is required to report to the CSRC for filing, and the fund manager shall pay in full the confirmed redemption application; If the payment cannot be made in full for the time being,
The payable part shall be distributed to the redemption applicant according to the proportion of the application amount of a single account in the total application amount, and the unpaid part can be postponed
And calculate the redemption amount based on the net value of such fund units on the day when the redemption application is accepted. In case of item 4 above
The situations mentioned above shall be handled according to the relevant provisions of the fund contract. When applying for redemption, fund share holders may choose in advance to
The part that can not be accepted shall be revoked. When the suspension of redemption is eliminated, the Fund Manager shall resume the redemption business in a timely manner
Arrange and announce.
9、 Large amount redemption situation and handling method
1. Recognition of huge redemption
If the net redemption application of fund units within a single open day of the Fund (the total number of redemption application units plus the transfer out during fund conversion
The balance after deducting the total number of subscription application units and the total number of transferred application units in the fund conversion) exceeds the previous one
10% of the total fund shares on a working day is considered as a huge redemption.
2. Treatment method of huge redemption
In case of a huge redemption of the Fund, the Fund Manager may decide to fully redeem or
Partial deferred redemption.
(1) Full redemption: when the Fund Manager believes that it is able to pay the full redemption application of investors
The redemption amount shall be calculated according to the following scheme.
① On the redemption application date, if the disclosed net value of fund units will not affect the relative interests of fund unit holders
Execution of redemption procedures.
② On the redemption application date, if the disclosed net value of fund units will affect the relative interests of fund unit holders, follow the "Basic
The fund manager has the right to use the higher accuracy of the net value of fund units to calculate the redemption of the day
The amount of refund and subscription, and the share of regular quota subscription. In this case, the Fund Manager shall comply with the Information Disclosure Measures
The relevant provisions of shall be announced on the specified media to explain the relevant handling methods.
(2) Partial deferred redemption: when the fund manager thinks that it is difficult to pay the investor's redemption application or because of the payment of investment
When the asset realization of the investor's redemption application may cause a large fluctuation to the net asset value of the fund, the fund manager shall
On the premise that the daily redemption acceptance ratio is not less than 10% of the total fund shares on the previous open day, the remaining redemption applications can be postponed.
For the redemption application on the current day, the proportion of the redemption application amount of a single account in the total redemption application amount shall be determined
Redemption unit; For the part that has not been redeemed, the investor can choose to postpone the redemption or cancel the redemption when submitting the redemption application. choose
If the redemption is postponed, it will be automatically transferred to the next open day to continue the redemption until all redemptions are completed; If you choose to cancel the redemption,
Some redemption applications not accepted on that day will be cancelled. The deferred redemption application shall be processed together with the redemption application on the next open day,
The redemption amount is calculated on the basis of the net value of such fund units on the following open day without priority, and so on, until all the funds are redeemed
Back to. If the investor does not make a clear choice when submitting the redemption application, the part that the investor fails to redeem will be used as an automatic deferred redemption place
Li.
If the number of fund units redeemed by a single fund unit holder on a single open day exceeds the number of funds on the previous open day
When 10% of the total units, the Fund Manager has the right to postpone the redemption application of a single fund unit holder exceeding 10%
And the redemption application of the single fund unit holder within 10% (including 10%) and other investors
The redemption units accepted on that day shall be determined according to the proportion of the redemption application amount of a single account in the total redemption application amount. For non redemption
Some investors can choose to postpone redemption or cancel redemption when submitting redemption application. If you choose to postpone redemption, it will automatically transfer
Continue to redeem on the next open day until all redemption; Partial redemptions that have not been accepted on the current day and have chosen to cancel redemptions
The application will be withdrawn. The deferred redemption application shall be processed together with the redemption application on the next business day, without priority and on the next business day
The redemption amount is calculated on the basis of the net value of such fund units, and so on, until all the funds are redeemed. If the investor submits
No clear choice was made when applying for redemption, and the part that the investor failed to redeem will be automatically postponed for redemption.
(3) Suspension of redemption: massive redemption occurs for more than two consecutive business days (including the number), if the fund manager deems it necessary
If necessary, the redemption application of the fund can be suspended; The accepted redemption application may postpone the payment of redemption money, but shall not exceed
20 working days, and shall make an announcement on the specified media.
3. Announcement of massive redemption
In the event of the above-mentioned massive redemption and the postponement of the redemption, the fund manager shall send the funds by mail, fax or by the prospectus
The Fund Unitholders shall be notified within 3 trading days by other methods specified in the Regulations, and the relevant handling methods shall be explained
The relevant provisions of the Measures shall be published on the specified media.
10、 Announcement of suspension of subscription or redemption and announcement of reopening subscription or redemption
1. In case of the above suspension of subscription or redemption, the Fund Manager shall publish the temporary subscription or redemption on the specified media within the specified period
Stop announcement.
2. If the above suspension of subscription or redemption is eliminated, the Fund Manager shall announce the latest business day on the reopening day
The net value of the fund units.
3. The Fund Manager may, according to the time of suspension of subscription or redemption and the relevant provisions of the Information Disclosure Measures
The announcement of subscription or redemption for reopening of the Fund shall be published on the specified media later than the reopening day; It can also be used temporarily according to the actual situation
The closing announcement specifies the time for reopening subscription or redemption, and no further announcement will be issued at that time.
11、 Fund conversion
The Fund Manager may decide to establish the Fund and the Fund Manager in accordance with relevant laws and regulations and the provisions of the Fund Contract
For the conversion business between other funds under management, a certain conversion fee may be charged for fund conversion, and the relevant rules shall be determined by the fund manager
At that time, it will be formulated and announced in accordance with relevant laws and regulations and the provisions of the Fund Agreement, and the Fund Custodian and relevant institutions will be notified in advance.
12、 Non trading transfer of funds
The non transaction transfer of funds refers to the non transaction transfer caused by the acceptance of inheritance, donation and judicial enforcement by the fund registration authority
Transaction transfer and other non transaction transfer recognized by the registration authority and in compliance with laws and regulations. In either case, connect
The transferred subject must be an investor who can hold the fund shares of the Fund according to law.
Inheritance refers to the death of the fund unit holder, and the fund units held by him shall be inherited by his legal successor; Donation refers to fund
Unit holders donate their legally held fund units to welfare foundations or social organizations; Judicial enforcement is
Refers to the compulsory transfer of fund shares held by fund share holders to other natural persons
People or other organizations. Relevant materials required by the fund registration authority must be provided to handle non transaction transfer
The application for non transaction transfer shall be handled according to the provisions of the fund registration authority, and the fees shall be charged according to the standards prescribed by the fund registration authority.
13、 Custody transfer of funds
Fund share holders can handle the transfer of custody of their held fund shares between different sales agencies, and fund sales agencies can
Collection of custody transfer fees shall be in accordance with the prescribed standards.
14、 Fixed investment plan
The Fund Manager may handle regular and quota investment plans for investors, and the specific rules shall be separately formulated by the Fund Manager. throw
When handling the fixed investment plan, the investor can agree on the amount of deduction in each period, and the amount of deduction in each period must not be less than that of the fund management
The minimum subscription amount of the fixed investment plan specified by the manager in the relevant announcement or updated prospectus.
15、 Freeze, unfreeze and pledge of funds
The fund registration authority only accepts the freezing and unfreezing of fund units required by the competent authority of the state according to law, and the registration authority recognizes that
It can be frozen and unfrozen under other circumstances in compliance with laws and regulations. Rights and interests arising from the frozen portion of fund units
The frozen shares still participate in income distribution and payment. Unless otherwise stipulated by laws and regulations.
If relevant laws and regulations allow the fund manager to handle the pledge business of fund units or other fund businesses
The Fund Manager may formulate corresponding business rules and carry out relevant businesses according to the Measures for Information Disclosure upon consensus of the Manager
The relevant provisions of shall be announced. The relevant business rules of the stock exchange and China Securities Depository and Clearing Corporation Limited have provisions
The provisions shall prevail.
16、 Transfer of Fund Units
If permitted by laws and regulations and conditions are met, the Fund Manager may accept the Fund Unitholders to pass the CSRC
The application for share transfer shall be made by the trading place or trading method recognized by the registration authority, and the transfer registration of fund shares shall be handled by the registration authority
Record. If the fund manager intends to accept the transfer of fund units, it will make an announcement in advance, and the fund unit holders shall, according to the fund management
The transfer of fund units shall be handled according to the business rules announced by the investors.
17、 Conversion of fund shares
On the premise of complying with laws and regulations and having no material adverse impact on the interests of fund share holders, the Fund Manager shall
The Fund Custodian may convert the Fund units upon consensus without convening a general meeting of Fund unit holders for deliberation.
18、 When the technical conditions are mature, the Fund Manager shall not violate laws and regulations and have no real interest in the Fund Unitholders
Under the premise of qualitative adverse effects, the security of the above subscription and redemption can be determined according to the specific circumstances after consultation with the Fund Custodian
Arrange for supplementation and adjustment, or arrange for the listing, trading, subscription and
Redemption, or handling the transfer, transfer, pledge and other businesses of fund units, there is no need to hold a meeting of the fund unit holders' congress at that time
However, information disclosure shall be carried out in accordance with relevant laws and regulations.
19、 Subscription and redemption of the Fund during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the subscription and redemption arrangements of the Fund are detailed in the Prospectus or relevant announcements.
Part VII Parties to the Fund Contract and Their Rights and Obligations
1、 Fund manager
（1） Profile of the Fund Manager
Name: Pengyang Fund Management Co., Ltd
Address: Room 302, Floor 3, No. 120, Qixia Road, China (Shanghai) Pilot Free Trade Zone
Legal representative: Yang Aibin
Establishment date: July 6, 2016
Approval authority and approval document number: CSRC ZJXK [2016] No. 1453
Organizational form: limited liability company
Registered capital: RMB 118 million
Duration: continuous operation
Tel: 400-968-6688
（2） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of the Fund Manager include but are not limited to:
(1) Raising funds according to law;
(2) From the effective date of the Fund Contract, independently use and manage the Fund in accordance with laws and regulations and the Fund Contract
Property;
(3) Collect fund management fees and other fees specified by laws and regulations or approved by the CSRC in accordance with the Fund Contract
Use;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
Financial Contract and relevant national laws and regulations shall be reported to the CSRC and other regulatory authorities, and necessary measures shall be taken to protect the
The interests of gold investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency;
(9) Serve as or entrust other qualified institutions to act as the fund registration agency to handle the fund registration business and obtain
Fees specified in the gold contract;
(10) Determine the distribution plan of fund income in accordance with the Fund Contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription, redemption and conversion applications within the scope agreed in the Fund Contract;
(12) Exercise shareholders' rights against the invested company in accordance with laws and regulations for the benefit of the fund, and exercise reasons for the benefit of the fund
Rights arising from the investment of gold property in securities;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercise litigation rights or implement other laws on behalf of fund share holders in the name of the fund manager
Legal behavior;
(15) Select and replace law firms, accounting firms, securities and futures brokers or provide other services for the Fund
External institutions;
(16) Formulate and adjust relevant fund subscription, subscription, redemption, conversion
Business rules such as custody transfer, fixed investment and non transaction transfer;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include but are not limited to:
(1) Raising funds according to law, handling or entrusting other institutions recognized by the CSRC to handle fund units
Sale, subscription, redemption and registration;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Contract, manage and use the Fund assets in the principle of good faith, prudence and diligence;
(4) Allocate sufficient personnel with professional qualifications to analyze and make decisions on fund investment in a professional way
To manage and operate the assets of the Fund;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems to ensure the management of the Institute
The assets of the fund and the assets of the fund manager are independent of each other, and the different funds under management are managed, accounted for and carried out separately
portfolio investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used for its own and
Any third person seeking benefits shall not entrust a third person to operate the fund property;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Take appropriate and reasonable measures to ensure that the method for calculating the subscription, purchase, redemption and cancellation prices of fund units complies with the requirements of the Basic Rules of the People's Republic of China
The fund net value information shall be calculated and announced in accordance with the relevant provisions, and the subscription and redemption of fund units shall be determined
Return price;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report;
(11) Perform information disclosure and reporting obligations in strict accordance with the Fund Law, the Fund Contract and other relevant provisions;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. Except for the Fund Law and the Fund Fund
Unless otherwise specified in the same regulations and other relevant regulations, the fund information shall be kept confidential before public disclosure, and shall not be disclosed to others, but shall be supervised
As required by competent authorities such as regulatory agencies and judicial authorities, or as required by services provided by external professional consultants such as audit and law consultants
Except in the circumstances;
(13) Determine the fund income distribution plan as agreed in the Fund Contract, and distribute funds to fund share holders in a timely manner
profit;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene a general meeting of fund unit holders or a coordination fund in accordance with the Fund Law, the Fund Contract and other relevant provisions
The Fund Custodian and Fund Unitholders shall convene a general meeting of Fund Unitholders in accordance with the law;
(16) Keep the accounting books, statements, records and other relevant materials of fund property management business activities as required
The term of deposit shall not be less than the minimum term prescribed by laws and regulations;
(17) Ensure that all documents or materials that need to be provided to fund investors are issued within the specified time, and ensure that investors
Be able to access public information related to the Fund at any time according to the time and method specified in the Fund Contract, and
Obtain copies of relevant materials under the condition of cost management;
(18) Organize and participate in the Fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and distribution of the Fund assets;
(19) Report to the CSRC and notify the Fund in a timely manner in case of dissolution, revocation or bankruptcy according to law
Custodian;
(20) In case of loss of fund property or damage to the legitimate rights and interests of fund share holders due to violation of the Fund Contract
When assuming the liability for compensation, its liability for compensation will not be exempted by its retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract, and the Fund Custodian violates
In case of any loss of fund property caused by the anti Fund Contract, the Fund Manager shall recover from the Fund Custodian for the benefit of the Fund Unitholders
Compensation;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the fund affairs of the third party
To assume responsibility;
(23) In the name of the Fund Manager, to exercise litigation rights or perform other legal acts on behalf of the Fund Unitholders;
(24) The Fund Manager fails to meet the filing conditions of the Fund during the raising period, the Fund Contract cannot take effect, and the Fund
The Manager shall bear all the raising expenses, and shall pay the raised funds plus the interest of bank demand deposits for the same period after the end of the fund raising period
Return to the fund subscriber within 30 days;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
2、 Fund Custodian
（1） Profile of Fund Custodian
Name: Bank of China Limited
Address: No.1 Fuxingmennei Street, Xicheng District, Beijing
Legal representative: Liu Liange
Time of establishment: October 31, 1983
Approval No. of fund custody business: ZJJZ [1998] No. 24 of China Securities Regulatory Commission
Organizational form: limited liability company
Registered capital: RMB twenty-nine million four billion three hundred and eighty seven million seven hundred and ninety-one thousand two hundred and forty-one only
Business scope: absorbing RMB deposits; Issue short-term, medium-term and long-term loans; Settlement; Handle bill discount;
Issuance of financial bonds; Issuing, cashing and underwriting government bonds as an agent; Buying and selling government bonds; Interbank lending; provide
L/C service and guarantee; Acting for collection and payment and insurance business; Provide safe deposit box service; Foreign exchange deposit; Foreign exchange loans;
Foreign exchange remittance; Foreign exchange; International settlement; Interbank foreign exchange borrowing; Acceptance and discount of foreign exchange bills; Foreign exchange borrowing; foreign exchange
Guarantee; Settlement and sales of foreign exchange; Issuance and agency of foreign currency securities other than stocks; Buying and selling stocks
Foreign currency securities; Self operated foreign exchange trading; Foreign exchange trading on behalf of customers; Issuance of foreign exchange credit cards and agency for issuance of foreign credit cards
And payment; Credit investigation, consultation and witness business; Organize or participate in syndicated loans; International precious metal trading; Overseas branch
Construct and operate all banking businesses permitted by local laws; Branches in Hong Kong and Macao can issue or participate in agency according to local laws and regulations
Issuance of local currency; Other businesses approved by the People's Bank of China.
Duration: continuous operation
（2） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include but are not limited to:
(1) From the effective date of the Fund Contract, the Fund shall be safeguarded in accordance with laws, regulations and the provisions of the Fund Contract
Production;
(2) Obtaining the fund custody fee and other fees prescribed by laws and regulations or approved by the regulatory authority in accordance with the Fund Contract
Use;
(3) Supervise the Fund Manager's investment operation in the Fund. If the Fund Manager is found to have violated the Fund Contract and
Any national laws and regulations that cause significant losses to the fund property and the interests of other parties shall be reported to the CSRC
And take necessary measures to protect the interests of fund investors;
(4) According to the relevant market rules, open capital accounts, securities accounts and other investment accounts for the Fund
Clearing of securities and futures trading funds;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include but are not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) Set up a special fund custody department, have a business site that meets the requirements, and have sufficient and qualified familiarity
The full-time staff of the fund custody business shall be responsible for the custody of fund assets;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems to ensure that the fund
The security of the assets and the mutual independence between the fund assets under its custody, the fund custodian's own assets and different fund assets; yes
Different funds under custody shall set up accounts separately, conduct independent accounting and separate account management, so as to ensure that account setting
Fund allocation and account book recording are mutually independent;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used for its own and
Any third person seeking benefits shall not entrust a third person to trust the fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open fund accounts, securities accounts and other accounts required for investment of fund assets as required, and
According to the investment instructions of the Fund Manager, timely handle the liquidation and delivery matters;
(7) Unless otherwise specified in the Fund Law, the Fund Contract and other relevant regulations
Before the public disclosure of fund information, it shall be kept confidential and shall not be disclosed to others
Unless required by the audit, legal and other external professional consultants to provide services;
(8) Review and review the net value of fund assets, net value of fund units, purchase and redemption of fund units calculated by the fund manager
Back price;
(9) To handle information disclosure related to fund custody business activities;
(10) Give opinions on the financial accounting report, quarterly report, interim report and annual report of the fund, and explain the fund management
Whether the operation of personnel in all important aspects is carried out in strict accordance with the provisions of the Fund Contract; If the Fund Manager fails to implement
The acts specified in the Fund Contract shall also state whether the Fund Custodian has taken appropriate measures;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities for a period not less than
Minimum service life specified by laws and regulations;
(12) Receive the register of fund unit holders from the fund manager or the registration institution entrusted by the fund manager;
(13) Prepare relevant account books as required and check with the fund manager;
(14) Pay fund income and redemption money to fund share holders in accordance with the instructions of the fund manager or relevant regulations;
(15) Convene a general meeting of fund unit holders or cooperate in accordance with the Fund Law, the Fund Contract and other relevant provisions
The Fund Manager and the Fund Unitholders shall convene a general meeting of the Fund Unitholders in accordance with the law;
(16) Supervise the investment operation of the Fund Manager in accordance with laws and regulations and the provisions of the Fund Contract;
(17) Participate in the liquidation group of the Fund assets and participate in the custody, liquidation, valuation, realization and distribution of the Fund assets;
(18) Report to the CSRC and the Banking Regulatory Commission in a timely manner when faced with dissolution, revocation or bankruptcy according to law
To supervise the management institution and notify the fund manager;
(19) If the Fund property is lost due to violation of the Fund Contract, it shall be liable for compensation
Dismissal upon retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws and regulations and the Fund Contract
In case of any loss of fund property caused by the Manager's violation of the Fund Contract, the Manager shall claim compensation from the Fund Manager for the benefit of the Fund Unitholders;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
3、 Fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the Fund Contract
Those who acquire fund shares in accordance with the Fund Contract will become the Fund Unitholders and parties to the Fund Contract,
Until they no longer hold the fund shares of the Fund. As a party to the Fund Contract, the Fund Unitholders shall not
The written seal or signature on the gold contract is a necessary condition.
Unless otherwise stipulated by laws and regulations or the fund contract, each fund share of the same category has the same legal right
Benefits. Due to different net values of various fund units of the Fund, the amount of fund income distribution and the
The amount of distribution of the remaining fund assets may vary.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders include but are not limited to
On:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Transferring or applying for redemption of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders, and act on the matters discussed at the general meeting of fund unit holders
Exercise voting rights;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) Initiate legal proceedings against the Fund Manager, the Fund Custodian and the Fund Service Institution for acts that damage their legitimate rights and interests
Or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders include but are not limited to
On:
(1) Carefully read and abide by the Fund Contract, Prospectus (and its updates) and other information disclosure documents;
(2) Understand the fund products invested, understand their own risk tolerance, independently judge the investment value of the fund
Make investment decisions and bear investment risks;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription amount and the fees specified in laws and regulations and the Fund Contract;
(5) To bear the limited liability for fund losses or termination of the Fund Contract within the scope of fund units held by them;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund Contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part VIII General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, and the legally authorized representatives of fund unit holders shall have the right to represent
Fund share holders attend the meeting and vote. Unless otherwise stipulated by laws and regulations or the fund contract
Each fund unit of the same category held by someone has equal voting rights.
The National People's Congress of the holders of Fund units does not have a daily institution. During the duration of the Fund, based on the operational needs of the Fund
The general meeting of gold share holders can add daily institutions, and the establishment and operation of daily institutions should be in accordance with relevant laws and regulations and China
As required by the CSRC.
1、 Reason for convening
1. Unless otherwise stipulated by laws and regulations and the CSRC or the fund contract, the following decisions shall be made in case of occurrence or need
A general meeting of fund unit holders shall be held for any of the following reasons:
(1) Terminate the Fund Contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standards of fund managers and fund custodians and raise the sales service fees;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(11) Fund share holders who individually or jointly hold more than 10% (including 10%) of the total fund shares (
The Fund Manager shall calculate the Fund units on the day of receipt of the proposal, the same below) and request in writing the Fund Unitholders to convene a meeting on the same matter
an assembly;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) The general meeting of fund share holders shall be convened as required by laws and regulations, the Fund Contract or other provisions of the CSRC
Matters.
2. Within the scope stipulated by laws and regulations and the Fund Contract, and not material to the interests of fund share holders
Under the premise of adverse effects, the following circumstances can be modified by the Fund Manager and the Fund Custodian after consultation, without the need to convene fund units
General Meeting of Holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate, lower the redemption rate, lower the sales service rate or change the charging method of the Fund;
(3) The Fund Contract should be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of fund share holders or does not involve
The rights and obligations of the parties in the golden contract have changed significantly;
(5) Adjust the setting of the Fund's share categories according to the actual operation of the Fund;
(6) The scope of the fund manager, registration institution and fund sales institution as prescribed by laws and regulations or permitted by the CSRC
Internal adjustment of business rules related to subscription, subscription, redemption, conversion, fund trading, non trading transfer, custody transfer, etc;
(7) The Fund launches new businesses or services;
(8) Other circumstances under which it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the Fund Contract.
2、 Convener and convening method
1. Unless otherwise stipulated by laws and regulations or the Fund Contract, the general meeting of fund share holders shall be convened by the Fund Manager
Set.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall submit a written request to the Fund Manager
Discussion. The Fund Manager shall decide whether to convene the meeting within 10 days from the date of receiving the written proposal and notify the Fund Custodian in writing.
If the Fund Manager decides to convene the meeting, it shall convene the meeting within 60 days from the date of issuing the written decision; The Fund Manager decides not to convene the meeting,
If the Fund Custodian still considers it necessary to convene the meeting, it shall convene the meeting by itself, and the meeting shall be held 60
The Fund Manager shall convene and notify the Fund Manager within days, and the Fund Manager shall cooperate.
4. Fund share holders representing more than 10% (including 10%) of the fund shares request in writing to hold a fund share meeting on the same matter
The shareholders' meeting shall submit a written proposal to the fund manager. The Fund Manager shall, as of the date of receipt of the written proposal
Decide whether to convene the meeting within days, and notify the representatives of the Fund Unitholders and the Fund Custodian who put forward the proposal in writing. Fund manager
If it is decided to convene the meeting, it shall be convened within 60 days from the date of issuing the written decision; The Fund Manager decides not to convene the meeting on behalf of the Fund
If the Fund Unitholders with more than 10% (including 10%) of their shares still think it necessary to hold the meeting, they shall submit a letter to the Fund Custodian
Face to face proposal. The Fund Custodian shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the Fund Custodian in writing to propose
The representatives of the Fund Unitholders and the Fund Manager; If the Fund Custodian decides to convene the meeting, it shall issue a written decision from the date of issuance
The fund manager shall cooperate with the fund manager who shall convene and notify the fund manager within 60 days.
5. Fund share holders representing more than 10% (including 10%) of fund shares request to hold fund share holding on the same matter
If there is a general meeting, and neither the Fund Manager nor the Fund Custodian convenes it, it alone or collectively represents more than 10% of the Fund shares (including
10%) of the fund share holders have the right to convene on their own and report to the CSRC for filing at least 30 days in advance. Fund share holding
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere with the Fund Unitholders' meeting convened by the Fund Unitholders themselves according to law
Disturbance.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and equity registration date of the meeting.
3、 Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund unit holders, the convener shall make an announcement 30 days before the meeting in the prescribed media. Funds
The notice of general meeting of shareholders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and validity of the agent)
Etc.), mode of authorization, time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to explain this meeting in the meeting notice
The specific means of communication adopted by the National People's Congress of Fund Unitholders, the entrusted notary organ and its contact information, contact person and voting
Deadline and collection method for submission of opinions.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to go to the designated place to calculate the voting opinions
Vote for supervision; If the convener is the Fund Custodian, it shall notify the Fund Manager in writing to vote at the designated place
To supervise the counting of votes; If the convener is the fund share holder, he/she shall notify the fund manager and the fund custodian in writing separately
Go to the designated place to supervise the counting of votes. The Fund Manager or the Fund Custodian refuses to send representatives to vote
The counting of votes for supervision shall not affect the counting effect of voting opinions.
4、 Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders may be held by means of on-site meeting, communication meeting or by means of laws, regulations and regulatory authorities
Other methods shall be adopted, and the convening method of the meeting shall be determined by the convener.
1. On site meeting. The fund share holder shall attend in person or appoint a representative to attend by proxy,
At the on-site meeting, the authorized representatives of the Fund Manager and the Fund Custodian shall attend the General Meeting of Fund Unitholders as nonvoting delegates
Or if the Fund Custodian does not send representatives to attend as nonvoting delegates, the voting effect shall not be affected. The on-site meeting can be held when the following conditions are met
Agenda of the general meeting of fund share holders:
(1) The certificate of fund shares held by the person attending the meeting in person, and the certificate of fund shares held by the principal issued by the person entrusted to attend the meeting
The amount certificate and the proxy voting authorization certificate of the principal comply with the provisions of laws and regulations, the Fund Contract and the meeting notice,
And the vouchers for holding fund units are consistent with the registration materials held by the fund manager;
(2) After verification, the voucher of fund shares held on the equity registration date presented by the participants shows that the valid fund
The shares shall not be less than one-half (including one-half) of the total shares of the Fund on the equity registration date. If the participants are in Quanyideng
If the effective fund units represented on the record date are less than half of the total fund units of the Fund on the equity registration date, the convener may
The originally announced general meeting of fund unit holders shall be reconvened within 3 months and 6 months after the date of the meeting
General Meeting of Fund Unitholders. Valid representatives of the reconvened fund unit holders' meeting on the equity registration date
The fund shares shall not be less than one-third (including one-third) of the total fund shares of the Fund on the equity registration date.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders vote on voting matters in writing or at a general meeting
Other methods specified in the announcement shall be delivered to the address designated by the convener before the deadline for voting. The correspondence meeting shall be held in writing or
Vote in other ways specified in the announcement of the meeting.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) After the convener of the meeting publishes the notice of the meeting as agreed in the Fund Contract, it shall continuously publish relevant information within 2 working days
Suggestive announcement;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener, it shall be the fund custodian
Manager) to the designated place to supervise the counting of votes. The convener of the meeting is in charge of the fund custodian (if the fund custodian
Is the convener, or the fund manager) and the notary office under the supervision of the meeting notice
Voting opinions; If the Fund Custodian or the Fund Manager is notified not to participate in the collection of voting opinions, the voting effect will not be affected;
(3) Fund share holders who directly issue voting opinions or authorize others to issue voting opinions
Of the Fund units shall not be less than one-half (including one-half) of the total Fund units on the equity registration date; If I directly issue the form
The fund units held by the fund unit holders are less than those on the equity registration date
1/2 of the total fund units, the convener may hold
Then, within six months, reconvene the general meeting of fund unit holders on the matters originally scheduled for consideration. Fund unit holdings reconvened
The National People's Congress shall have holders representing more than one third (including one third) of the fund units directly issue voting opinions or authorization
Voting opinions issued by other representatives;
(4) The Fund Unitholders who directly issue the voting opinions in Item (3) above or the trustee issues a statement on behalf of others
See the agent, the certificate of holding fund shares submitted at the same time, and the proxy issued by the agent entrusted to issue the voting opinion
There are vouchers of fund shares and the proxy voting authorization certificate of the principal in compliance with laws and regulations, the Fund Contract and the General Meeting
And consistent with the records of the fund registration authority.
3. With the permission of laws and regulations or regulatory authorities, the notice of the general meeting of fund share holders states that the fund
Unit holders can also choose to vote online, over the phone or in other ways, or grant
The right to attend the meeting and vote on behalf of others. For this purpose, the Fund Unitholders shall, within the time limit specified in the notice of the meeting
Submit the corresponding valid vote or power of attorney to the convener of the meeting in the specified manner.
5、 Discussion content and procedure
1. Discussion content and proposal right
The content of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the Fund Contract and final decisions
Termination of the Fund Contract, replacement of the Fund Manager, replacement of the Fund Custodian, merger with other funds, laws and regulations and the Fund
Other matters specified in the Contract and other matters that the convener of the meeting deems necessary to be submitted to the general meeting of fund unit holders for discussion.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall be made in
The shareholders' meeting shall be announced in time before it is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the way of on-site meeting, the presider of the meeting shall first determine and announce the scrutineers in accordance with the procedures specified in Article 7 below,
Then the presider of the conference reads out the proposal, and after discussion, votes are taken to form the resolution of the conference. The host of the conference is fund management
If the authorized representative of the Fund Manager fails to preside over the meeting, the Fund Custodian shall authorize
The representative attending the meeting shall preside over the meeting; If neither the authorized representative of the Fund Manager nor the authorized representative of the Fund Custodian can preside over the meeting,
The Fund Unitholders and proxies present at the meeting shall hold more than 50% (including 50%) of the voting rights
The gold share holder shall be the chairman of the general meeting of fund share holders. The Fund Manager and the Fund Custodian refuse to attend or
Presiding over the general meeting of fund unit holders shall not affect the validity of the resolutions made at the general meeting of fund unit holders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants (or the name of the organization) shall be recorded in the signature book
Name), ID document number, fund shares held or represented with voting rights, name of the trustor (or unit name) and
Contact information, etc.
(2) Communication meeting
In case of communication meeting, the convener shall first announce the proposal 30 days in advance, after the notified deadline for voting
Within 2 working days, the convener shall count all valid votes under the supervision of the notary office, and form a resolution under the supervision of the notary office.
6、 Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. General resolution, general resolution shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
More than one half (including one half) is valid; Except for the matters to be passed by special resolution as specified in item 2 below
All other matters of are passed by general resolution;
2. Special resolution, which shall be subject to three votes held by fund share holders or their proxies attending the meeting
It can only be made after more than two thirds (including two thirds) pass. Unless otherwise agreed in the fund contract, change the operation mode of the fund
Change the Fund Manager or Fund Custodian, terminate the Fund Contract, and merge the Fund with other funds through special resolution
Is valid.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary in the counting of votes, it shall be submitted in accordance with the meeting notice
The voting for confirming the investor's identity document as specified in the notice shall be deemed as the investors who are effectively present, and the table that appears to comply with the provisions of the notice of the meeting
Resolutions shall be deemed as valid voting, and ambiguous or contradictory voting opinions shall be deemed as abstention from voting, but shall be included in the voting
The total number of fund units represented by the fund unit holders with opinions.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be considered separately and listed item by item
Decision.
7、 Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the chairperson of the general meeting of Fund Unitholders shall be present at the meeting
At the beginning of the meeting, it was announced that two representatives of fund share holders and the large
A supervisor authorized by the convener of the meeting shall act as the scrutinizer jointly; If the general meeting is convened by the fund share holders themselves or if the general meeting
If the Fund Manager or the Fund Custodian fails to attend the meeting, the Fund units
The presider of the general meeting shall announce that three fund shares will be elected from among the fund share holders present at the meeting after the meeting begins
The holder's representative acts as the scrutinizer. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineer shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall announce the counting of votes on the spot
result.
(3) If the chairman of the meeting or the fund share holder or agent has doubts about the voting results submitted, he/she may
Immediately after the announcement of the voting results, the number of votes required shall be counted again. The scrutineer shall make a new count
Only once. After re counting, the presider of the meeting shall announce the re counting results on the spot.
(4) The vote counting process shall be notarized by a notary office. If the fund manager or fund custodian refuses to attend the meeting
Affect the validity of counting votes.
2. Communication meeting
In case of communication meeting, the vote counting method is: two supervisors authorized by the convener of the meeting are authorized by the fund custodian
The representative (or the authorized representative of the fund manager if convened by the fund custodian) counts the votes under the supervision of the notary office
The counting process shall be notarized. If the Fund Manager or the Fund Custodian refuses to send representatives to supervise the counting of votes,
The counting and voting results will not be affected.
8、 Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC for filing within 5 days from the date of adoption.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If communication mode is adopted
To vote, the full text of the notarial certificate, the name of the notary office and the name of the notary must be submitted when the resolution of the general meeting of fund share holders is announced
And so on.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective resolutions of the General Meeting of Fund Unitholders.
The effective resolution of the general meeting of fund unit holders shall be binding on all fund unit holders, fund managers and fund custodians
power.
9、 Special agreement of the general meeting of fund share holders during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the proportion of relevant fund units or voting rights refers to the main pocket unit holders and side pocket units
The fund units or voting rights held or represented by the holders respectively meet these proportions, but if the general meeting of relevant fund unit holders calls
If the collection and deliberation items do not involve side pocket accounts, they only refer to the fund shares or voting rights held or represented by the holders of main pocket units
Combine these proportions.
1. Fund share holders need to represent 10% of the relevant fund shares individually or collectively when exercising the right to propose, convene and nominate
Above (including 10%).
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than the relevant funds of the Fund on the equity registration date
One half (including one half) of the gold share.
3. Held by fund share holders who directly issue voting opinions or authorize others to issue voting opinions on behalf of those who hold correspondence meetings
Some fund units are not less than half (including half) of the relevant fund units on the equity registration date.
4. The fund units held by fund unit holders who vote at the general meeting of fund unit holders are less than those held in Quanyideng
One half of the relevant fund units on the record date, 3 months after the convener held the fund unit holders' meeting as originally announced
More than one third of the representatives shall be present at the fund unit holders' meeting reconvened within six months thereafter on the matters originally scheduled for consideration
(Including one third) The holders of relevant fund units participate in or authorize others to participate in the voting of the general meeting of fund unit holders.
5. The on-site meeting shall be selected by more than 50% (including 50%) of the voting rights held by the fund share holders and agents attending the meeting
One Fund Unitholder shall be elected as the chairperson of the meeting of Fund Unitholders.
6. General resolutions shall be subject to more than half of the voting rights held by fund share holders or their agents attending the meeting (including
One half).
7. Special resolutions shall be subject to more than two-thirds of the voting rights held by fund share holders or their agents attending the meeting
(Two thirds included) passed.
Each fund share in the same main side pocket account has equal voting rights.
10、 This part provides for the reasons, conditions, procedures and voting conditions of the general meeting of fund share holders,
For those parts that directly refer to laws, regulations or regulatory rules, such as future amendments to laws, regulations or regulatory rules that result in relevant content being
In case of cancellation or change, the Fund Manager and the Fund Custodian may directly carry out the content of this part after reaching an agreement through consultation and making an announcement in advance
Modification and adjustment need not be reviewed at the general meeting of fund share holders.
Part IX Conditions and Procedures for Replacement of Fund Manager and Fund Custodian
1、 Termination of duties of the Fund Manager and the Fund Custodian
（1） Circumstances of termination of the Fund Manager's duties
Under any of the following circumstances, the duties of the fund manager shall be terminated:
1. Having been disqualified from fund management according to law;
2. Dismissed by the general meeting of fund unit holders;
3. It is dissolved, canceled or declared bankrupt according to law;
4. Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
（2） Circumstances of the termination of the duties of the Fund Custodian
Under any of the following circumstances, the duties of the Fund Custodian shall be terminated:
1. The fund custody qualification is canceled according to law;
2. Dismissed by the general meeting of fund unit holders;
3. It is dissolved, canceled or declared bankrupt according to law;
4. Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
2、 Procedures for replacement of the Fund Manager and the Fund Custodian
（1） Replacement procedure of fund manager
1. Nomination: The temporary fund manager shall hold more than 10% (including 10%) of the funds to the fund custodian alone or in total
The Fund Unitholders of the amount of the Fund shall solicit the nomination of the new Fund Manager. The candidates nominated by the new fund manager shall be managed by the temporary fund
Nominated by the Manager, the Fund Custodian, or the Fund Unitholders who individually or jointly hold more than 10% (including 10%) of the Fund units
Composition of candidates.
2. Resolution: The General Meeting of Fund Unitholders shall manage the nominated funds within 6 months after the termination of the duties of the Fund Manager
The resolution shall be made by more than two thirds (including three thirds) of the voting rights held by fund share holders attending the meeting
2） The resolution shall come into force as of the date of voting.
3. Temporary fund manager: Before the new fund manager is appointed, the temporary fund manager is composed of the fund manager, the fund
Nomination by the custodian, fund share holders who individually or jointly hold more than 10% (including 10%) of the fund shares, CSRC
In accordance with the provisions of the Fund Law, temporary fund managers shall be appointed from among the best candidates. Fund Manager, Fund Custodian
If the fund unit holders who individually or jointly hold more than 10% (including 10%) of the fund units are not nominated, the CSRC shall
Designate a temporary fund manager.
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 change of the Fund Manager, the Fund Custodian shall hold a general meeting of the Fund Unitholders who change the Fund Manager
The resolution shall be announced in the specified media within 2 days after it takes effect.
6. Handover and responsibility division: If the responsibilities of the fund manager are terminated, the fund manager shall properly keep the fund management business assets
To handle the transfer procedures of fund management business to the temporary fund manager or the new fund manager in a timely manner
The person or the new fund manager shall accept it in a timely manner. The temporary fund manager or the new fund manager shall check with the fund custodian
Total value and net value of gold assets. The fund manager, temporary fund manager and new fund manager shall perform their duties in accordance with the law
assumed liabilities.
7. Audit: If the duties of the fund manager are terminated, an accounting firm shall be engaged to audit the fund in accordance with laws and regulations
The company shall audit, announce the audit results, and report to the CSRC for record. Audit fees shall be disbursed from the fund assets.
8. Change of fund name: after the replacement of the fund manager, if the original or new fund manager requires, it shall comply with its requirements
Replace or delete the words related to the original fund manager in the fund name.
（2） Procedures for replacing the Fund Custodian
1. Nomination: The new Fund Custodian shall hold more than 10% (including 10%) of the Fund shares by the Fund Manager alone or jointly
Nomination of fund share holders.
2. Resolution: The General Meeting of Fund Unitholders shall place the nominated Fund in custody within 6 months after the termination of the Fund Custodian's duties
The resolution shall be made by more than two thirds (including three thirds) of the voting rights held by fund share holders attending the meeting
2） The resolution shall come into force as of the date of voting.
3. Temporary Fund Custodian: Before the new Fund Custodian is appointed, the CSRC shall appoint a temporary Fund Custodian.
4. Filing: The resolution of the General Meeting of Fund Unitholders to change the Fund Custodian must be reported to the CSRC for filing.
5. Announcement: After the change of the Fund Custodian, the Fund Manager shall hold a general meeting of the Fund Unitholders who change the Fund Custodian
The resolution shall be announced in the specified media within 2 days after it takes effect.
6. Handover: If the duties of the Fund Custodian are terminated, the Fund Custodian shall properly keep the Fund assets and fund custody business information, and timely
To handle the transfer procedures of fund assets and fund custody business, the new fund custodian or temporary fund custodian shall take over in a timely manner
Collection. The new fund custodian or temporary fund custodian shall check the total value and net value of the fund assets with the fund manager.
7. Audit: If the duties of the Fund Custodian are terminated, an accounting firm shall be engaged to audit the Fund in accordance with laws and regulations
The company shall audit, announce the audit results, and report to the CSRC for record. Audit fees 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, 10% of the total Fund shares will be held by the Fund Manager alone or jointly
The above (including 10%) fund share holders 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.
3. Announcement: The new Fund Manager and the new Fund Custodian shall change the funds of the Fund Manager and the Fund Custodian
Joint announcement shall be made on the specified media within 2 days after the resolution of the general meeting of unit holders takes effect.
3、 New fund manager or temporary fund manager receives fund management business, or new fund custodian or temporary fund trust
Before the custodian takes over the fund property and the fund custody business, the original fund manager or the original fund custodian shall continue to perform relevant duties,
And ensure that they will not commit any act that may damage the interests of fund share holders. The original fund manager or fund custodian is continuing
During the period of performing relevant duties, he still has the right to collect fund management fees or fund custody fees in accordance with the provisions of the fund contract.
4、 The provisions of this Part on the conditions and procedures for the replacement of the Fund Manager and the Fund Custodian shall directly refer to the laws and regulations
If the relevant content is cancelled or changed due to the modification of laws and regulations or regulatory rules in the future
The Manager and the Fund Custodian can directly modify and adjust the corresponding content without holding a meeting after reaching consensus and making an announcement in advance
Deliberated by the general meeting of fund share holders.
Part X Custody of the Fund
The Fund Custodian and the Fund Manager shall enter into a custody agreement in accordance with the Fund Law, the Fund Contract and other relevant provisions.
The purpose of entering into the custody agreement is to clarify the custody, investment operation
Rights, obligations and responsibilities in matters related to net worth calculation, income distribution, information disclosure and mutual supervision to ensure fund assets
And protect the legitimate rights and interests of fund share holders.
Part XI Registration of Fund Units
1、 Fund share registration business
The registration business of the Fund refers to the registration, custody, transfer, clearing and settlement business of the Fund, including investors
Establishment and management of fund accounts, registration of fund shares, confirmation, clearing and settlement of fund sales business, agency distribution of dividends
Establish and maintain the register of fund share holders and handle non trading transfer.
2、 Fund registration business handling agency
The registration business of the Fund shall be handled by the Fund Manager or other qualified institutions entrusted by the Fund Manager. Fund management
If the manager entrusts other institutions to handle the registration business of the Fund, it shall sign a principal-agent agreement with the agent to clarify the fund management
The investor and the agent are responsible for fund account management, fund share registration, clearing, fund transaction confirmation, dividend distribution
Establish and maintain the rights and obligations in matters such as the register of fund unit holders, and protect the legitimate rights and interests of fund unit holders.
3、 Rights of the Fund Registrar
The fund registration authority has the following rights:
1. Registration fee;
2. Establish and manage investor fund accounts;
3. To keep account opening information, transaction information and register of fund unit holders;
4. Within the scope permitted by laws and regulations, the time for handling the registration business shall be adjusted, and the registration business shall be opened at
Announce on the specified media before implementation;
5. Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
4、 Obligations of the Fund Registrar
The fund registration authority shall undertake the following obligations:
1. Allocate enough professionals to handle the registration business of the Fund units;
2. Carry out the registration business of the Fund units in strict accordance with the laws and regulations and the conditions specified in the Fund Contract;
3. Properly keep the registration data, and prepare the name, identity information, details of fund units and other data of fund unit holders
To the institutions recognized by the CSRC. Its retention period shall not be less than 20 years from the date of cancellation of the fund account;
4. Having the obligation to keep confidential the fund account information of the fund share holder
The loss caused by the fund shall bear the corresponding liability for compensation, but the situation of judicial compulsory inspection, laws and regulations and the provisions of the CSRC
And other circumstances agreed in the Fund Contract;
5. Handle non trading transfer business for investors and provide other necessary
Services;
6. Accept the supervision of the fund manager;
7. Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part XII Investment of the Fund
1、 Investment objectives
Under the premise of risk control, the Fund selects high-quality listed companies for investment, and strives to achieve long-term stability of fund assets
Health increases.
2、 Investment scope
The investment scope of the Fund is financial instruments with good liquidity, including stocks issued and listed in China according to law (including
GEM and other stocks and depositary receipts approved or registered for listing by the CSRC), and trading exchanges between mainland and Hong Kong stock markets
The stocks (hereinafter referred to as Hong Kong stocks), bonds (including
Including national debt, central bank bills, financial bonds, local government bonds, corporate bonds, corporate bonds, medium-term notes, short-term financing bonds, and ultra short
Long term financing bonds, subordinated bonds, government backed bonds, convertible bonds, exchangeable bonds, separable trading convertible bonds and other convertible bonds
Securities permitted by the CSRC), derivatives (including stock index futures, treasury bond futures, stock options, credit derivatives)
Money market instruments, bank deposits (including negotiated deposits, time deposits and other bank deposits), interbank deposit receipts, asset support
Securities, bond repurchases and other financial instruments permitted by laws and regulations or the CSRC for fund investment. The Fund may
Participate in financing business in accordance with relevant laws and regulations.
If laws and regulations or regulatory authorities allow the Fund to invest in other varieties in the future, the Fund Manager may, after performing appropriate procedures
To include it in the scope of investment.
The proportion of the Fund's investment portfolio is: stock assets account for 60% - 95% of the Fund's assets (including stocks invested in Hong Kong stocks
The proportion of the Fund shall not exceed 50% of the equity assets invested by the Fund). At the end of each trading day, after deducting treasury bond futures and stock index
After the trading margin required to be paid for futures and stock option contracts, the Fund holds cash or has a maturity of less than one year
Government bonds shall not be less than 5% of the net asset value of the fund, of which cash does not include settlement provisions, deposits and subscription receivables
Etc.
3、 Investment strategy
（1） Generic asset allocation strategy
By understanding the economic cycle and the development and changes of asset prices, the fund manager is able to grasp the basis of the cyclical fluctuations of the economy
On the other hand, dynamically evaluate the investment value, investment opportunity and risk return characteristics of different asset categories in different periods, and pursue stability
Healthy growth.
1. When the macro is basically good, GDP is growing steadily and the stock market is expected to rise, the Fund will increase the number of shares
Investment proportion, share the gains brought by the rise of the stock market.
2. When the macro fundamentals are general, GDP growth is slow and the stock market is expected to decline, the Fund will adopt a relative
It is prudent to reduce the proportion of stock investment and increase the proportion of bonds or cash assets to avoid portfolio losses.
3. When the stock market and bond market are expected to have downside risks, the Fund will reduce the holding ratio of stocks and bonds
For example, in addition to cash assets, increase the proportion of cash assets such as bond repurchase and central bank bills.
Based on the fund managers' profound understanding of the economic cycle and the development and changes of asset prices
Analyze the macroeconomic, capital market, policy orientation and other factors, and establish the absolute value of fund managers on the return of various types of assets
Or determine the allocation weight of various categories of assets relative to expectations.
（2） Stock investment strategy
Based on the concept of value investment, the Fund's stock assets are mainly invested in competitive advantages, corporate governance and business models
Select the best performing stocks in the industry with excellent performance, good growth and reasonable valuation. The specific strategies are as follows:
1. Industry optimization strategy
The Fund will grasp the direction of China's economic structure adjustment in the medium and long term, and through the macro economy, industrial environment and industrial policies
And industry competition pattern, determine the potential impact of macro and industry economic variables on different industries, and judge each industry
The relative investment value and investment opportunity of the industry. The Fund will evaluate the growth of the industry and screen out high growth or potential growth
Industry, the evaluation angle mainly includes the following aspects:
(1) Business cycle factors: mainly focus on the impact of different stages of the business cycle on different industries.
(2) Industrial policy factors: mainly focus on the impact of fiscal policy, monetary policy and industrial policy on different industries.
(3) Industry fundamentals: focus on industry life cycle, industry development trend and development space, and competition within the industry
Trend, industry revenue and profit growth, etc.
2. Individual stock selection strategy
The Fund will screen outstanding stocks on the basis of preferred industries by combining qualitative and quantitative methods. screen
Standards mainly include:
(1) Excellent corporate governance and business model are the guarantee for the long-term stable development of the company. The Fund will, through qualitative analysis,
Focus on corporate governance structure, management ability, business strategy, business model, etc., and screen out governance ability and business model
Excellent listed companies.
(2) The growth of the company is ultimately reflected in the growth of profits. The Fund will focus on the Company's budget through quantitative analysis
Growth rate of main business income and expected profit rate of main business in the period, combined with after tax profit growth rate, return on net assets, etc
Target, select listed companies whose profitability exceeds the average level of the market.
(3) The Fund will explore high-quality companies with valuation advantages
EV/EBIT, PCF, FCF/P, P/E growth
Ratio (PEG) and other valuation indicators, and select companies with reasonable valuation.
3. Event investment strategy
With the development and expansion of the capital market, the events that have an impact on the capital market also occur more and more frequently. Related to
Industry influential events usually include interest rate policy, industry policy, exchange rate policy, emergencies, etc; Change in stock price
Influential events usually include additional issuance, mergers and acquisitions, asset injection, overall listing, issuance of convertible bonds, and performance of listed companies
Announcement, etc; Events influencing the bond market usually include monetary policy, interest rate policy, and the release of important economic data. through
Often, these events will temporarily break the market equilibrium price. The Fund will grasp the situation through quantitative and qualitative analysis of historical data
Investment opportunities.
4. Stock investment strategy of Hong Kong Stock General Standard
The Fund will invest in the Hong Kong stock market through the trading interconnection mechanism between the mainland and Hong Kong stock markets. Based on Hong Kong
Long term investment research experience in the market, and judgment on possible investment opportunities in the process of market integration between the two places
Jin adopts the "bottom-up" strategy of selecting individual stocks, focusing on investment benefiting from China's economic transformation, with reasonable valuation and core
Heart competitive stocks. According to the needs of investment strategies or changes in the market environment of different allocation places, the Fund chooses to integrate some of the
It is not necessary for gold assets to invest in Hong Kong stocks or choose not to invest fund assets in Hong Kong stocks
Then invest in Hong Kong stocks.
5. Investment strategy of depositary receipts
On the basis of grasping risks, the Fund makes investment in domestic and overseas macro factors, industry development prospects, corporate profitability
Time, etc. to screen out depositary receipts with competitive advantages and reasonable valuation, so as to grasp the investment brought by depositary receipts
opportunity. The Fund focuses on the investment value of depositary receipts from the following four aspects: (1)
Fundamentals; (2) Valuation of depositary receipts; (3) Equity structure, corporate governance
Operation specification degree; (4) Differences in voting rights between depositary receipts and overseas underlying securities, agreement control structure or similar features
Special arrangements for depositary receipts.
（3） Bond investment strategy
The Fund will conduct bond investment based on the continuous tracking of the macroeconomic cycle and market environment and the economic policies
In-depth analysis, comprehensive use of bond variety rotation strategy, duration adjustment strategy, yield curve allocation strategy, financing leverage
Strategy, convertible bond/exchangeable bond investment strategy, etc., to build a bond portfolio with stable income and good liquidity, and strive to obtain long-term
Stable income in the future.
Convertible bond/exchangeable bond investment strategy: comprehensively analyze the debt characteristics, equity characteristics and other factors of convertible bond/exchangeable bond
On the basis of the above, use BS formula or binary tree pricing model and other quantitative valuation tools to assess its investment value, and attach importance to convertible bonds
/Analysis and research on the corresponding stocks of exchangeable bonds, and select those companies and industries with rising prosperity trends, good growth and safe margins
Invest in higher varieties. For bonds with the option of put back and redemption, the Fund will use the bond market yield
According to, the option adjusted spread (OAS) model is used to analyze the investment value of bonds with redemption or put back options, as such
The main basis for bond investment.
（4） Derivatives investment strategy
1. Investment strategy of stock index futures
When the Fund invests in stock index futures, it will, in accordance with the principle of risk management and for the purpose of hedging, appropriately participate in
Refers to futures investment. By using stock index futures, we can adjust the risk exposure of the portfolio, improve the risk return characteristics of the portfolio,
So as to realize hedging; At the same time, we can also use the characteristics of stock index futures such as good liquidity and low transaction costs to
The position shall be adjusted in time to improve the operational efficiency of the portfolio, so as to achieve effective management.
2. Investment strategy of treasury bond futures
When the Fund invests in treasury bond futures, it will actively adopt the principle of risk management for the purpose of hedging
The futures contract with good liquidity and active trading, through the research on the operating trend of the treasury bond market and futures market, and in combination with the treasury bond period
The pricing model of commodities seeks its reasonable valuation level and conducts hedging operations through strategies such as long or short hedging.
Fully consider the profitability, liquidity and risk characteristics of treasury bond futures, and use the leverage of financial derivatives to reduce
The purpose of low portfolio overall risk.
3. Stock Option Investment Strategy
When the Fund invests in stock options, it will fully evaluate shares based on the principle of risk management for the purpose of hedging
Liquidity, risk return characteristics, etc. of ticket options, combined with the judgment of the securities market, select the option contracts with reasonable valuation
So as to effectively realize the appreciation of fund assets and control of downside risks.
4. Credit derivatives investment strategy
When the Fund invests in credit derivatives, it will, based on the principle of risk management, take risk hedging as the purpose
The investment strategy of fixed income varieties such as the underlying bonds held by the portfolio, as well as the potential credit risk, etc., and prudently carry out credit derivatives
Raw product investment, reasonably determine the investment amount and duration of credit derivatives, so as to achieve effective credit risk management. At the same time,
The Fund will also strengthen risk management on credit derivatives counterparties and founding institutions, reasonably disperse the corresponding concentration, and
It conducts necessary due diligence and strict access management.
（5） Asset backed securities investment strategy
The Fund's asset-backed securities investment will focus on the market interest rate, issuance terms, composition, quality and advance of supporting assets
Analyze factors affecting the value of asset-backed securities, such as repayment rate, risk compensation income and market liquidity, and evaluate the asset expenses
Hold the relative investment value of securities and make corresponding investment decisions.
（6） Financing business strategy
When participating in financing business, the Fund will, on the basis of comprehensive consideration of risk, income, liquidity and other factors
Detailed analysis of market conditions, portfolio risk returns, credit qualifications and other conditions, selection of appropriate counterparties, and determination of clear investment
Investment opportunity and reasonable financing ratio. If relevant business laws and regulations change, the Fund will comply with the latest provisions
Changes in laws, regulations and regulatory requirements.
In the future, with the development and enrichment of investment instruments in the securities market, the Fund may adjust and change accordingly after performing appropriate procedures
New relevant investment strategies, and update the announcement in the prospectus.
4、 Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The proportion of the Fund's stock assets in the Fund's assets is 60% - 95%, of which the proportion invested in Hong Kong stocks is the general target stocks
For example, it shall not exceed 50% of the equity assets invested by the Fund.
(2) At the end of each trading day, the Fund deducts the transactions required to pay for treasury bond futures, stock index futures and stock option contracts
After the deposit, keep no less than 5% of the net asset value of the fund in cash or government bonds with a maturity of less than one year, of which,
Cash does not include provisions for settlement, deposits and subscription receivables.
(3) The Fund holds securities issued by a company (A+H shares of the same company listed in both the Mainland and Hong Kong
And calculated), and its market value shall 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 (the same company in the Mainland and Hong Kong
A+H shares listed in Hong Kong at the same time), not more than 10% of the securities; Fully follow the composition proportion of relevant indexes
The types of funds invested in securities may not be subject to the proportion restrictions prescribed in this article.
(5) The Fund shall comply with the following investment restrictions when investing in asset-backed securities:
① The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10%；
② The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
③ The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed that of the asset-backed certificate
10% of the coupon size;
④ All funds managed by the Fund Manager shall invest in all kinds of asset-backed securities of the same original equity holder, and shall not exceed
10% of the total size of its various asset-backed securities;
⑤ The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB). Assets held by the fund
During the period of supporting securities, if its credit rating declines and no longer meets the investment standards, it shall be 3 months from the date of the rating report
All of them will be sold.
(6) Fund assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total assets of the Fund
The number of shares declared by the Exchange shall not exceed the total number of shares issued by the company to be issued this time.
(7) The proportion limit of the Fund's investment in depositary receipts shall be subject to the shares listed and traded in China
The shares are consolidated.
(8) When participating in the trading of treasury bond futures and stock index futures, the Fund shall comply with the following investment proportion restrictions:
① At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not exceed the net asset value of the Fund
15%； At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed the total amount of bonds held by the Fund
30% of the market value; The trading amount of treasury bond futures contracts traded by the Fund on any trading day (excluding closing positions) shall not exceed
30% of the net asset value of the Fund on the previous trading day;
② At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed the net asset value of the Fund
10%； At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed the total shares held by the Fund
20% of the market value; The trading amount of stock index futures contracts traded by the Fund on any trading day (excluding closing positions) shall not exceed
20% of the net asset value of the Fund on the previous trading day;
③ The value of treasury bond futures and stock index futures contracts held by the Fund at the end of any trading day and the market value of securities
The sum of the total shall not exceed 95% of the net asset value of the fund, of which, the marketable securities refer to stocks and bonds (excluding those whose maturity is less than
Government bonds), asset-backed securities, redemptory financial assets for sale (excluding pledge repurchase), etc;
④ Market value of bonds held by the Fund (excluding government bonds with a maturity of less than one year) and maturity of bonds purchased and sold abroad
The total value of the bond contract (calculated by netting) shall comply with the relevant provisions of the fund contract on the proportion of bond investment;
⑤ The total (netting calculation) of the market value of the stocks held by the Fund and the value of the stock index futures contracts purchased and sold shall be consistent with
Relevant provisions on the proportion of stock investment in the mutual fund contract.
(9) When participating in stock option trading, the Fund shall comply with the following investment proportion restrictions:
① The total amount of premium paid and received due to open position option contracts shall not exceed 10% of the net asset value of the Fund;
② Those who open positions to sell call options shall hold sufficient underlying securities; Where a put option is sold, the contract exercise shall be held
The required full amount of cash or cash equivalents recognized by the rules of the Exchange that can offset the option margin;
③ The par value of the open position option contract shall not exceed 20% of the net asset value of the fund. Wherein, the nominal value of the contract is multiplied by the exercise price
Calculated by contract multiplier;
④ The investment of the Fund complies with the proportion limit (such as stock position, proportion of individual shares, etc.), investment objectives and
Risk return characteristics.
(10) The Fund's participation in credit derivatives transactions shall comply with the following investment proportion restrictions:
① The Fund does not hold credit derivatives with the attribute of credit protection seller, nor does it hold contractual credit derivatives;
② The nominal principal of credit derivatives held by the Fund shall not exceed 100% of the face value of the corresponding protected bonds in the Fund;
③ The Fund invests in various credit derivatives of the same credit protection seller, and the total nominal principal shall not exceed the fund assets
10% of net worth;
Due to factors other than fund managers, such as fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size, etc
If the fund does not comply with the aforesaid proportion limit, the fund manager shall make adjustment within three months.
(11) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund.
(12) The maximum term for the Fund to enter the national inter-bank market for bond repurchase is one year, and the bond repurchase is due
No extension is allowed later.
(13) Financing stocks and other securities held by the Fund at the end of any trading day when participating in financing business
The sum of market values shall not exceed 95% of the net asset value of the Fund.
(14) All open-ended funds managed by the Fund Manager shall not hold tradable shares issued by a listed company
More than 15% of the tradable shares of the listed company; All investment portfolios managed by the Fund Manager are issued by a listed company
The tradable shares of the listed company shall not exceed 30% of the tradable shares of the listed company; Fully follow the composition proportion of relevant indexes
Open ended funds investing in securities and special investment portfolios recognized by the CSRC may not be subject to the above proportion restrictions.
(15) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed 15% of the Fund's net asset value;
Discrepancy of funds due to factors other than fund managers, such as fluctuations in the securities market, stock suspension of listed companies, changes in fund size, etc
If the proportion limit is met, the fund manager shall not actively increase the investment of liquidity restricted assets.
(16) The Fund, private equity securities asset management products and other entities identified by the CSRC carry out reverse return for counterparties
In case of purchase transaction, the qualification requirements for acceptable collateral shall be consistent with the investment scope agreed in the fund contract.
(17) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
Unless otherwise specified in (2), (5), ⑤, (10), (15) and (16) above and in the above terms
Market fluctuations, futures market fluctuations, mergers of listed companies, fund size changes and other factors outside the fund manager cause the fund
If the investment proportion does not conform to the above stipulated investment proportion, the fund manager shall make adjustment within 10 trading days, but China
Except for special circumstances stipulated by the CSRC. 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 Agreement, make the proportion of the Fund's investment portfolio conform to the Fund Agreement
Relevant agreements of. During the above period, the investment scope and investment strategy of the Fund shall comply with the provisions of the Fund Contract. fund
The Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of the Fund Contract.
Laws and regulations or regulatory authorities cancel or change the above restrictions. If applicable to the Fund, the Fund Manager is performing
After proper procedures are implemented, the investment of the Fund will no longer be subject to relevant restrictions or the changed provisions, but it must be announced in advance.
2. Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund assets to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders, actual controllers or
Securities issued or underwritten during the underwriting period by a company that has a major interest with it, or other major related transactions
If it is easy, it shall comply with the investment objectives and strategies of the Fund, follow the principle of giving priority to the interests of fund share holders, and guard against interests
Conflict, establish and improve the internal approval mechanism and evaluation mechanism, and implement according to fair and reasonable market prices. Relevant transactions must be carried out in advance
Obtain the consent of the Fund Custodian and disclose in accordance with laws and regulations. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review
And passed by more than two-thirds of the independent directors. The Board of Directors of the Fund Manager shall, at least half a year
Review.
If laws, administrative regulations or regulatory authorities cancel or adjust the above prohibitive provisions, the Fund may not be subject to the above provisions
Limit or follow the adjusted regulations.
5、 Performance Benchmark
The performance benchmark of the Fund is:
Shanghai Shenzhen 300 index yield * 65%+Hang Seng index yield * 15%+China Bond comprehensive wealth (total value) index yield * 20%
The CSI 300 Index is an index compiled by China Securities Index Co., Ltd. to reflect the overall trend of the A-share market
300 actively traded and representative A-shares are selected as constituent stocks in Shanghai and Shenzhen Stock Exchanges
The stock index with high market value coverage, strong representativeness and good credibility in the securities market.
The Hang Seng Index is compiled by Hang Seng Index Service Co., Ltd., and consists of 50 listed stocks in the Hong Kong stock market
The weighted average stock price index with its issuance as the weight is the most influential one reflecting the price range trend of Hong Kong stock market
Stock index.
The China Bond Comprehensive Wealth (Gross Value) Index is a reflection of China's bond market prepared by the Central Government Securities Depository and Clearing Co., Ltd
A representative index of the overall trend of the market. The sample bonds of the index cover China's inter-bank market and exchange market, and the component bonds include
It includes almost all kinds of bonds, such as treasury bonds, central bank bills, financial bonds, corporate bonds, short-term financing bonds, and has a wide market
It is representative and can reflect the overall trend of the bond market. China Bond Comprehensive Wealth (Gross Value) Index is an index calculated by the full price of bonds
Value, taking into account the factor of interest reinvestment on the interest payment date, that is, interest reinvestment is included in the index when sample bonds pay interest.
According to the investment scope and investment proportion constraints of the Fund, the Fund has set the above performance benchmark. Management of the Fund
I believe that the performance benchmark can truly and objectively reflect the risk return characteristics of the Fund.
If laws and regulations change in the future, or there is a more authoritative and widely accepted performance benchmark
Either there is an index more suitable for the performance benchmark of the Fund in the market, or the market changes lead to the industry
When the performance benchmark is no longer applicable or the index of this performance benchmark stops publishing or changes its name, the Fund Manager
The financial custodian can adjust or change the performance benchmark in a timely manner after reaching consensus and performing appropriate procedures as required by the regulatory authorities
Announcement without convening the general meeting of fund share holders.
6、 Risk return characteristics
The Fund is a hybrid fund with higher risks and returns than bond funds and money market funds and lower risks and returns than equity funds.
The Fund may invest in Hong Kong stocks, which are the underlying stocks of Hong Kong stocks, and shall bear exchange rate risk and overseas market risk.
7、 Principles and methods for the Fund Manager to exercise relevant rights on behalf of the Fund
1. The Fund Manager shall independently exercise relevant rights on behalf of the Fund in accordance with the relevant provisions of the State and protect the rights of the Fund Unitholders
Benefits.
2. Do not seek to control the listed company or participate in the operation and management of the invested listed company.
3. It is conducive to the safety and appreciation of fund assets.
4. Do not seek any profit for themselves, employees, authorized agents or any third party with interests through connected transactions
Improper interests.
8、 Implementation and investment operation arrangement of side pocket mechanism
When the Fund holds specific assets and there are or potential large redemption applications, the Fund Unitholders shall be protected to the maximum extent
The Fund Manager may, after reaching consensus with the Fund Custodian and consulting the accounting firm
The side pocket mechanism is used in accordance with laws, regulations and the fund contract, without the need to convene a general meeting of fund share holders for deliberation.
During the implementation of the side pocket mechanism, the agreed portfolio proportion, investment strategy, portfolio restrictions, performance benchmarks
The risk return characteristics and other agreements are only applicable to the main bag account.
Implementation conditions, implementation procedures, operation arrangements, investment arrangements, disposal, realization and payment of specific assets of side pocket accounts
See the prospectus for details of matters that have a significant impact on investors' rights and interests.
Part XIII Assets of the Fund
1、 Total Fund Assets
The total value of fund assets refers to all kinds of securities, principal and interest of bank deposits, fund receivables and other assets owned by the fund
The total value of assets.
2、 Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
3、 Account of fund property
The Fund Custodian shall open capital accounts, securities accounts and investments for the Fund in accordance with relevant laws, regulations and normative documents
Other special accounts required. The special fund account opened with the Fund Manager, Fund Custodian, Fund Sales Agency and Fund
The property accounts owned by the gold registration institution and other fund property accounts are independent.
4、 Custody and disposal of fund assets
The assets of the Fund are independent of the assets of the Fund Manager, the Fund Custodian and the Fund Sales Agency, and are protected by the Fund Custodian
Tube. The fund manager, the fund custodian, the fund registration institution and the fund sales institution shall bear their own
Legal liability, its creditors shall not exercise the right to request freezing, seizure or other rights against the Fund's assets. In addition to laws and regulations
The Fund property may not be disposed of except as provided in the Gold Contract.
The Fund Manager and the Fund Custodian are liquidated due to legal dissolution, revocation or bankruptcy
The fund assets do not belong to its liquidation assets. The creditor's rights arising from the management and operation of the fund assets by the fund manager shall not be consolidated with them
Liabilities generated by assets offset each other; The creditor's rights and debts arising from the management and operation of the fund assets of different funds by the fund manager are not
They may offset each other. Liabilities not borne by the fund property itself shall not be enforced against the fund property.
Part XIV Valuation of Fund Assets
1、 Valuation date
The valuation date of the Fund is the trading date of the relevant securities exchange of the Fund and the national laws and regulations require that
The non trading day on which the net value of the fund is disclosed.
2、 Valuation object
Stocks, bonds, treasury bond futures contracts, stock index futures contracts, stock option contracts and asset-backed certificates owned by the Fund
Assets and liabilities such as bonds, credit derivatives, principal and interest of bank deposits, receivables, and other investments.
3、 Valuation principles
When determining the fair value of relevant financial assets and financial liabilities, the Fund Manager shall comply with the Accounting Standards for Business Enterprises
Relevant regulations of the regulatory authorities.
（1） If there is an active market for investment varieties that can obtain quotations for the same assets or liabilities, and there are quotations on the valuation date,
Except for the exceptions specified in the accounting standards, the quotation shall be applied to the fair value of the asset or liability without adjustment
Quantity. If there is no quotation on the valuation date and no major event affecting the fair value measurement occurs after the most recent transaction date, the most recent transaction shall be adopted
The fair value is determined by the quotation on the date of. There is sufficient evidence to show that the quotation on the valuation date or the latest trading day cannot truly reflect the fair value
The quoted price shall be adjusted to determine the fair value.
If it is the same as the above investment varieties but has different characteristics, it shall be based on the fair value of the same assets or liabilities, and
Consider the influence of different characteristic factors in valuation techniques. Features refer to restrictions on the sale or use of assets
It is aimed at asset holders, so this limitation should not be considered as a feature in valuation techniques. In addition, the Fund Manager does not
Consideration should be given to the premium or discount arising from their large holdings of related assets or liabilities.
（2） For investment varieties that do not have an active market, the data that are applicable in the current situation and have sufficient available data should be used
And other valuation techniques supported by information. When using valuation techniques to determine the fair value, priority should be given to the use of considerable
Observe the input value, only when the observable input value of relevant assets or liabilities cannot be obtained or it is impracticable to obtain it
To use unobservable input values.
（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 value adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%, the valuation should be adjusted and the fair value should be determined
Value.
4、 Valuation method
1. Valuation of securities listed on stock exchanges
(1) The market price of the securities (including stocks, etc.) listed on the stock exchange on the valuation date
Valuation; There is no transaction on the valuation date, and the economic environment has not changed significantly since the latest trading day or the securities issuer has not
In the event of a major event affecting the price of securities, the market price (closing price) of the most recent trading day shall be used for valuation; For example, after the most recent trading day
In case of major changes in the economic environment or major events affecting the securities prices of the securities issuing institutions, reference can be made to similar investment products
The current market price and major change factors of, adjust the market price of the latest transaction, and determine the fair price;
(2) The third party valuation agency on the valuation date shall be selected for the non equity fixed income varieties listed or transferred by the Exchange
The estimated net price of the corresponding varieties provided on the current day shall be estimated;
(3) The third party valuation agency on the valuation date shall be selected for the fixed income varieties with rights that are listed or transferred by the Exchange
The only estimated net price or the recommended estimated net price on the current day of the corresponding varieties provided for valuation;
(4) The full valuation price of convertible bonds listed and traded on the Exchange shall be the daily closing price;
(5) Where there is no active market for securities listed on the Exchange, the fair value shall be determined by valuation techniques; Exchange market
The fair value of asset-backed securities transferred by listing on the market shall be determined by valuation techniques;
(6) For unlisted or unlisted bonds issued in the exchange market, if there is an active market
Take the unadjusted quotation in the active market as the fair value on the valuation date; The quotation in the active market fails to represent the valuation date
In the case of allowable value, the market quotation shall be adjusted to confirm the fair value on the valuation date; For no campaign or
In case of few market activities, valuation techniques should be used to determine the fair value.
2. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The same stock listed on the stock exchange on the valuation date for the new shares issued in the form of stock dividend, conversion, allotment and public offering
Valuation method; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for valuation;
(2) For the initial public offering of unlisted stocks and bonds, valuation techniques are used to determine the fair value
If the fair value is measured reliably, it shall be valued at cost;
(3) The shares with a certain period of restricted sale shall be specified at the time of issuance, including but not limited to non-public issuance and public issuance
Shares with a certain lock period, shares publicly offered by the company's shareholders during the initial public offering, and shares obtained through block trading
Stocks in the restricted period, excluding tradable restricted stocks such as suspended stocks, newly issued unlisted stocks, pledged bonds in repurchase transactions, etc
The fair value is determined according to the relevant regulations of the governing body or industry association.
3. For the fixed income varieties without rights in the national inter-bank market, the corresponding varieties provided by third-party valuation institutions
Valuation net price of the day.
For the types of fixed income with rights in the inter-bank market, the only one on the same day of the corresponding types provided by the third-party valuation agency
Valuation net price or recommended valuation net price valuation. For fixed income varieties including the investor's right to sell back, the deadline of the registration period for the sale back
If the right of put back is not exercised after (including the current day), the valuation shall be conducted according to the price corresponding to the long waiting period.
For bonds that are not listed in the inter-bank market and the third-party valuation agency does not provide valuation prices
If there is no obvious difference in the market interest rate and there is no major change in the market interest rate during the unlisted period, it shall be valued at cost.
4. If the same security is traded in two or more markets at the same time, it shall be valued separately according to the market in which the security is located.
5. Time deposits or call deposits held by banks are listed as principal, and interest income is recognized day by day according to the agreement or contract interest rate.
6. Valuation methods for investment securities derivatives
(1) Stock index futures and treasury bond futures contracts shall be valued at the settlement price on the valuation day. If there is no settlement price on the valuation day,
If there is no significant change in the economic environment after the latest trading day, the settlement price of the latest trading day shall be used for valuation.
(2) The Fund's investment in stock options is valued in accordance with relevant laws and regulations and the provisions of the regulatory authorities.
(3) Credit derivatives are valued according to the valuation price of the day provided by a third-party valuation agency, but the fund manager is legally
The valuation responsibility that should be undertaken should not be exempted by entrustment; If the selected third-party valuation agency fails to provide the valuation price
The laws, regulations and the Accounting Standards for Business Enterprises require that the fair value be determined using reasonable valuation techniques.
7. Exchange rate: the exchange rate of RMB against major foreign exchange shall be based on the person announced by the People's Bank of China or its authorized institution on the valuation date
The central parity rate of the RMB exchange rate shall prevail. If the current valuation exchange rate of the Fund is no longer published or has significant changes, or there are more
When the valuation exchange rate is fair and more suitable for the Fund, the Fund Manager and the Fund Custodian can adjust it according to the actual situation after consensus
The valuation exchange rate of the whole fund shall be reported to the CSRC for filing in a timely manner, without the need to convene a general meeting of fund share holders.
8. The Fund's participation in financing business shall be conducted in accordance with relevant laws and regulations, regulatory authorities and industry associations
Valuation.
9. The valuation of the Fund's investment depositary receipts shall be calculated in accordance with the stocks listed and traded in China.
10. Tax: for the fund investment in the domestic and overseas stock market transaction interconnection mechanism in accordance with Chinese laws and regulations
The Fund will assess all taxes payable according to the laws and regulations of the place where the overseas trading place is located on the accrual basis
Value; If the actual tax paid by the Fund is different from the estimated tax payable due to the adjustment of tax regulations or other reasons
The corresponding valuation adjustment will be made on the relevant tax adjustment date or the actual payment date.
11. 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, the valuation shall be based on the price that best reflects the fair value.
12. Other assets shall be valued according to laws and regulations or relevant regulations of the regulatory authority.
13. In case of large amount purchase or redemption of the Fund, the Fund Manager may adopt the swing pricing mechanism to ensure
Fairness of fund valuation.
14. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there is any new item, please follow the national latest
Specified valuation.
If the Fund Manager or the Fund Custodian finds that the fund valuation violates the valuation methods, procedures and relevant laws specified in the fund contract
In case of the provisions of laws and regulations or failure to fully protect the interests of fund share holders, they shall immediately notify the other party and jointly identify the reasons,
Both parties shall negotiate for settlement.
In accordance with relevant laws and regulations, the Fund Manager shall be responsible for the calculation of the net asset value of the Fund and the accounting of the Fund. Base
The Fund Manager shall be responsible for the accounting of the Fund
After full discussion on the basis of equality, no consensus can be reached. According to the fund manager's calculation of fund net value information
The results will be published.
5、 Valuation procedures
1. The net value of fund units is the balance of the net value of fund assets divided by such fund units on that day after the market is closed on each valuation date
The amount shall be calculated to the nearest 0.0001 yuan, and the fifth digit after the decimal point shall be rounded off. The resulting error shall be included in the fund property.
The Fund Manager may establish an emergency adjustment mechanism for the accuracy of net worth in the case of large redemption. It is otherwise stipulated by the state or the fund contract
If there is an agreement, the provisions shall prevail.
The Fund Manager shall calculate the net value of the Fund assets and the net value of the Fund units on each valuation day and make an announcement as required.
2. The Fund Manager shall value the assets of the Fund on each valuation date. However, according to laws and regulations or the fund contract, the fund manager
Except when the valuation is suspended in accordance with. The Fund Manager shall distribute the net value result of the Fund units after the valuation of the Fund assets on each valuation date
It shall be sent to the Fund Custodian, and after the Fund Custodian has checked and found no error, the Fund Manager shall publish it to the public in accordance with regulations.
6、 Handling of valuation errors
The Fund Manager and the Fund Custodian will take necessary, appropriate and reasonable measures to ensure the accuracy
Timeliness. In case of valuation error within 4 decimal places (including the 4th decimal place) of the net value of fund units, it shall be deemed as the net value of fund units
Value error.
The parties to the fund contract shall deal with it in accordance with the following provisions:
1. Type of valuation error
During the operation of the Fund, if the Fund Manager or the Fund Custodian, or the registration agency, or the sales agency, or
If the valuation error is caused by the investor's own fault, which causes losses to other parties, the person responsible for the fault shall
The direct losses of the party suffering losses due to valuation errors ("the injured party") shall be compensated according to the following "valuation error handling principles",
Be liable for compensation.
The main types of the above valuation errors include but are not limited to: data declaration errors, data transmission errors, data calculation errors
System fault error, instruction error, etc.
2. Principles for handling valuation errors
(1) When the valuation error has occurred, but has not caused losses to the parties, the party responsible for the valuation error shall coordinate all parties in a timely manner,
Correct in a timely manner, and the costs arising from the correction of valuation errors shall be borne by the party responsible for the valuation errors; Due to the valuation error, the responsible party failed to
Timely correct the valuation errors that have occurred and cause losses to the parties, the party responsible for the valuation errors shall compensate for the direct losses
Responsibility; If the party responsible for the valuation error has actively coordinated and the party with the obligation to assist has enough time to correct it
If it is not corrected, it shall bear the corresponding liability for compensation. The party responsible for the valuation error shall confirm the correction to the relevant parties
Confirm that the valuation errors have been corrected.
(2) The party responsible for the valuation error is responsible for the direct losses of the parties concerned, not for the indirect losses, and only for
The direct party concerned with the valuation error shall be responsible for it and not responsible for any third party.
(3) The party who has obtained the unjust enrichment due to the valuation error has the obligation to return the unjust enrichment in a timely manner. But the valuation is wrong
The responsible party shall still be responsible for the valuation error. If the party who obtained the unjust enrichment does not return or does not return all the unjust enrichment
If the loss of interests of other parties is caused ("the injured party"), the party responsible for the valuation error shall compensate the loss of the injured party and
The party who has obtained the unjust enrichment has the right to require the delivery of the unjust enrichment within the scope of the amount of compensation paid; If obtained
If the party of unjust enrichment has returned this part of unjust enrichment to the injured party, the injured party shall pay the compensation it has received
The difference between the sum of the amount plus the returned unjust enrichment that has been obtained and the actual loss is paid to the party responsible for the valuation error.
(4) The adjustment of valuation errors shall be made in the way of recovering to the correct situation assuming no valuation errors.
3. Valuation error handling procedure
After the valuation error is found, the relevant parties shall deal with it in a timely manner, and the handling procedures are as follows:
(1) Find out the causes of valuation errors, list all parties involved, and determine according to the causes of valuation errors
Responsible party for valuation error;
(2) Evaluate the losses caused by valuation errors according to the principle of handling valuation errors or the method negotiated by the parties;
(3) The responsible party for the valuation error shall correct and compensate according to the principle of handling valuation errors or the method negotiated by the parties
Loss;
(4) If it is necessary to modify the transaction data of the fund registration agency according to the method of handling valuation errors, the fund registration agency shall
Make corrections and confirm the correction of valuation errors to relevant parties.
4. The method for handling errors in the valuation of the net value of fund units is as follows:
(1) When there is an error in the calculation of the net value of fund units, the Fund Manager shall immediately correct it and 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 manager shall make an announcement, and
Report to the CSRC for filing;
(3) If the above contents are otherwise stipulated by laws and regulations or the regulatory authority, they shall be handled in accordance with their provisions. If the industry is otherwise popular
In practice, the Fund Manager and the Fund Custodian shall negotiate on the principle of equality and protection of the interests of Fund Unitholders.
7、 Suspension of valuation
1. The securities and futures trading market or foreign exchange market involved in the Fund's investment is suspended on statutory holidays or for other reasons
Business hours.
2. The Fund Manager and the Fund Custodian are unable to accurately assess the value of the Fund assets due to force majeure.
3. When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date, after consultation and confirmation with the fund custodian,
The Fund Manager shall suspend the valuation.
4. Other circumstances identified by laws and regulations, the CSRC and the fund contract.
8、 Recognition of net fund value
The Fund Manager shall be responsible for the calculation of the net value of the Fund assets and the net value of the Fund units, and the Fund Custodian shall be responsible for the review. fund
The Manager shall calculate the net value of the Fund assets and the net value of the Fund units on the valuation date on the day after the end of the transaction on each valuation date
To the Fund Custodian. The fund custodian shall review and confirm the net value calculation result and send it to the fund manager, who shall
The net value of the fund shall be announced as required.
9、 Fund asset valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, it shall evaluate the assets of the main pocket account and disclose the main pocket account in accordance with the provisions of this Part
And suspend the disclosure of fund net value information of side pocket account.
10、 Handling of special cases
1. When the Fund Manager or the Fund Custodian conducts valuation according to Item 11 of the valuation method, the error caused shall not be taken as the basis
Incorrect handling of gold asset valuation.
2. Due to force majeure, or due to the securities and futures exchanges, registration and clearing companies, deposit banks and other third-party machines
The data sent by the organization is wrong, or the national accounting policy changes, market rules changes and other non fund manager and fund custodian errors,
Although the Fund Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures to check, they have failed to find errors
The Fund Manager and the Fund Custodian shall be exempted from the liability for compensation for the resulting error in the valuation of the Fund assets. But the fund manager
The Fund Custodian shall actively take necessary measures to eliminate or mitigate the impact caused thereby.
Part XV Fund Fees and Taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Sales service fee;
4. Information disclosure fees related to the Fund after the Fund Contract takes effect;
5. Accounting fees, attorney fees, legal fees and arbitration fees related to the Fund after the Fund Contract takes effect;
6. Expenses for the general meeting of fund share holders;
7. Securities and futures transaction expenses of the Fund;
8. Reasonable expenses arising from investment in Hong Kong stocks;
9. Bank transfer fees of the Fund;
10. Account opening fee and account maintenance fee;
11. Other expenses that may be disbursed from the Fund assets in accordance with the relevant provisions of the State and the Fund Contract.
2、 Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is accrued at an annual fee rate of 1.50% of the net asset value of the Fund on the previous day.
The management fee is calculated as follows:
H ＝ E × 1.50% ÷ days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
The fund management fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian in accordance with the
The manager checks the consistent financial data and automatically makes the fund payment according to the designated account path within five working days at the beginning of the next month,
The fund manager does not need to issue a capital transfer instruction.
2. Custody fees of the Fund Custodian
The custody fee of the Fund is accrued at the annual fee rate of 0.25% of the net asset value of the Fund on the previous day.
The custody fee is calculated as follows:
H ＝ E × 0.25% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
The fund custody fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian in accordance with the
The manager checks the consistent financial data and automatically makes the fund payment according to the designated account path within five working days at the beginning of the next month,
The fund manager does not need to issue a capital transfer instruction.
3. Sales service fee
There is no sales service fee for Class A fund units of the Fund, and the annual sales service rate for Class C fund units is 0.60%.
The calculation method of the sales service fee for Class C fund units of the Fund is as follows:
H=E × 0.60% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
The sales service fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. Through the Fund Manager and Fund Custodian
After verification, the Fund Custodian shall withdraw the funds from the Fund within the first 5 working days of the next month in the manner agreed with the Fund Manager
The property shall be paid to the fund manager in a lump sum and paid to each fund sales agency by the fund manager. In case of legal holidays
In case of public holidays or other force majeure, the payment date shall be postponed.
Items 4-11 of the above "I. Types of fund fees" shall be paid according to the relevant regulations and corresponding agreements
The actual expenditure shall be included in the current expenses, which shall be paid by the Fund Custodian from the Fund assets.
3、 Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. The Fund Manager and the Fund Custodian fail to perform or fully perform their obligations, resulting in expenses or fund assets
Loss;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Other items that may not be included in the fund fees according to the relevant laws and regulations and the relevant provisions of the CSRC.
4、 Fund 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 should be subject to the side pocket account
The account can be disbursed only after the assets are realized, and the relevant fees can be charged or remitted as appropriate, but management fees cannot be charged. See the prospectus for details
The agreement of.
5、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations. Fund finance
The relevant taxes on investment shall be borne by the fund share holders, and the fund manager or other withholding agents shall be subject to the relevant provisions of the state
Withholding and remitting according to tax collection regulations.
Part XVI Income and Distribution of the Fund
1、 Composition of fund profits
Fund profit refers to the fund interest income, investment income, income from changes in fair value and other income after deducting relevant expenses
Balance: The realized income of the fund refers to the balance of the fund profit minus the income from changes in fair value.
2、 Profit available for distribution of the fund
Profit available for distribution of the fund refers to the realized income in the undistributed profit and undistributed profit of the fund as of the base date of income distribution
Whichever is lower.
3、 Principle of fund income distribution
1. On the premise of meeting the conditions for fund dividends, the fund manager can distribute the income according to the actual situation,
The specific distribution plan shall be subject to the announcement. If the Fund Contract takes effect less than 3 months ago, no income distribution is required.
2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash dividends or
Cash dividends are automatically converted into fund shares for reinvestment; If the investor does not choose, the default income distribution method of the Fund is now
Gold dividend; If the investor chooses dividend reinvestment for income distribution, the income shall be calculated after the closing of the day of ex right
The net value of all types of fund units shall be transferred to the corresponding types of fund units for reinvestment. Fund shares held by investors
(Original shares) The holding period of the dividend reinvested shares obtained shall be calculated according to the holding period of the original shares.
3. After the distribution of fund income, the net value of fund units cannot be lower than the par value; That is, all kinds of funds on the base date of fund income distribution
The net amount minus the amount of income distribution per unit of such fund units cannot be lower than the par value.
4. Each fund unit of the same category of the Fund shall enjoy the same distribution right. Due to the collection of various fund units of the Fund
The distributable profits corresponding to each fund share category will be different due to different expenses.
5. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
On the premise of complying with laws and regulations and the fund contract, and having no material adverse impact on the interests of fund share holders,
After reaching consensus with the Fund Custodian, the Fund Manager may adjust the distribution principle and payment method of the Fund's income without the need to
Convene a general meeting of fund share holders.
4、 Income distribution scheme
The fund income distribution plan shall specify the distributable profits as of the base date of income distribution, the objects of fund income distribution
Distribution time, distribution amount and proportion, distribution method, etc. Because the distributable income corresponding to different fund share categories is not
Similarly, the Fund Manager may formulate different income distribution plans accordingly.
5、 Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian in accordance with the Information Disclosure Measures
The relevant provisions of shall be announced in the specified media.
6、 Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. Cash as investor
When the dividend is less than a certain amount and is insufficient to pay the bank transfer or other handling fees, the fund registration authority may hold
The cash dividend of someone will be automatically converted into the corresponding fund shares. The calculation method of dividend reinvestment shall be in accordance with the Business Rules
Execution.
7、 Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not carry out income distribution, as detailed in the prospectus.
Part XVII Accounting and Audit of the Fund
1、 Fund accounting policy
1. The Fund Manager is the fund accounting responsible party of the Fund.
2. The accounting year of the Fund is from January 1 to December 31 of the Gregorian calendar year; The accounting year of the initial fund raising is
The following principle: If the Fund Contract takes effect for less than 2 months, it can be incorporated into the disclosure of the next accounting year.
3. The bookkeeping base currency for fund accounting is RMB yuan, and the bookkeeping unit is RMB yuan.
4. The accounting system shall follow the relevant national accounting system.
5. The Fund has independent accounts and accounting.
6. The Fund Manager and the Fund Custodian shall respectively keep complete accounting accounts and vouchers and conduct daily accounting,
Prepare fund accounting statements in accordance with relevant regulations.
7. The Fund Custodian and the Fund Manager shall check the accounting and statement preparation of the Fund on a monthly basis, and make an agreement
Confirm in a certain way.
2、 Annual audit of the Fund
1. The Fund Manager's engagement of mutual independence with the Fund Manager and the Fund Custodian is in accordance with the Securities of the People's Republic of China
The annual financial statements of the Fund prepared by the accounting firms and their certified public accountants as prescribed by the Law of the People's Republic of China (hereinafter referred to as the Securities Law)
Bank audit.
2. An accounting firm shall obtain the prior consent of the fund manager to change its certified public accountant.
3. The Fund Manager shall notify the Fund Custodian if it believes that there is sufficient reason to change the accounting firm. Replacement of accounting firm
It is necessary to make an announcement on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
Part XVIII Fund Information Disclosure
1、 The information disclosure of the Fund shall comply with the Fund Law, the Operation Measures, the Information Disclosure Measures and the Liquidity Risk
Administrative Provisions, Fund Contract and other relevant provisions. When the provisions of relevant laws and regulations on information disclosure change,
The Fund follows its latest regulations.
2、 Information disclosure obligor
Information disclosure obligors of the Fund include the Fund Manager, the Fund Custodian and the Fund that convenes the general meeting of Fund Unitholders
Natural persons, legal persons and unincorporated organizations specified by laws and regulations such as share holders and the CSRC.
The information disclosure obligor of the Fund takes the protection of the interests of fund share holders as the fundamental starting point, and in accordance with laws, regulations and China's
The provisions of the CSRC shall disclose fund information and ensure the authenticity, accuracy, integrity, timeliness and conciseness of the information disclosed
Sex and accessibility.
The information disclosure obligor of the Fund shall, within the time limit specified by the CSRC, pass the information of the Fund that should be disclosed
National newspapers and periodicals (hereinafter referred to as "regulated newspapers and periodicals") that meet the requirements specified by the CSRC and those that meet the requirements of the Information Disclosure Measures
Internet website (hereinafter referred to as "regulated website") and other media disclosure, and ensure that fund investors can comply with the provisions of the Fund Contract
The time and method of consulting or copying publicly disclosed information.
3、 The Fund information disclosed by the Fund Information Disclosure Obligor shall not commit the following acts:
1. False records, misleading statements or major omissions;
2. To predict the performance of securities investment;
3. Committing gains or bearing losses in violation of regulations;
4. Slander other fund managers, fund custodians or fund sales agencies;
5. Publish congratulatory, complimentary or recommendatory words of any natural person, legal person or unincorporated organization;
6. Other acts prohibited by the CSRC.
4、 The information publicly disclosed by the Fund shall be in Chinese. If a foreign language text is used at the same time, the meaning of fund information disclosure
The agent shall ensure that the contents of different texts are consistent. In case of ambiguity between different texts, the Chinese version shall prevail.
The information publicly disclosed by the Fund shall be in Arabic numerals; Unless otherwise specified, the monetary unit is RMB.
5、 Publicly disclosed fund information
The publicly disclosed fund information includes:
（1） Fund Prospectus, Summary of Fund Product Information, Fund Contract, Fund Custody Agreement, Fund Unit Issuance
Sales announcement
1. The Fund Contract defines the rights and obligations of the parties to the Fund Contract and defines the holding of fund shares
The rules and specific procedures for the convening of the National People's Congress, and the law explaining the characteristics of fund products and other matters involving the major interests of fund investors
Legal documents.
2. The prospectus of the fund shall disclose to the maximum extent all matters affecting the decisions of the fund investors, and explain the recognition of the fund
Purchase, subscription and redemption arrangements, fund investment; Liquidity risk assessment of the proposed investment market, industry and assets; Large redemption
Liquidity risk management measures; Implementation of standby liquidity risk management tools, procedures and potential for investors
Under influence; Fund product characteristics, risk disclosure, information disclosure and fund share holder services. Fund Contract
After taking effect, if the information in the prospectus of the fund changes significantly, the fund manager shall update the prospectus within three working days
The prospectus shall be published on the specified website; If other information in the prospectus changes, the fund manager shall
Update once. If the Fund terminates its operation, the Fund Manager will no longer update the Prospectus of the Fund.
The fund product information summary is the summary document of the fund prospectus, which is used to provide investors with a concise fund summary letter
Interest. The fund manager shall prepare, disclose and update the summary of fund product information in accordance with laws and regulations and the provisions of the CSRC.
After the Fund Contract comes into force, if the information in the summary of fund product information changes significantly, the Fund Manager shall
Update the summary of fund product information within the working day, and publish it on the specified website and the website or business outlet of the fund sales agency; fund
If other information in the product data summary changes, the fund manager shall update it at least once a year. If the fund terminates its operation, the fund
The Manager will no longer update the fund product information summary.
3. The Fund Custody Agreement defines the activities of the Fund Custodian and the Fund Manager in the custody of the Fund property and the supervision of the Fund operation
Legal documents of the active rights and obligations.
4. The Fund Manager shall prepare an announcement on the sale of fund units with respect to the specific matters concerning the sale of fund units.
After the application for fund raising has been registered with the CSRC, the fund manager shall, three days before the sale of the fund units
The unit offering announcement, the indicative announcement of the fund prospectus, and the indicative announcement of the fund contract are published in the prescribed newspapers and periodicals; Base
Publication of gold unit offering announcement, fund prospectus, summary of fund product information, Fund Contract and fund custody agreement
On the prescribed website, the summary of fund product information shall also be published on the website or business outlet of the fund sales agency; Gikinto
The custodian shall also publish the Fund Contract and the Fund Custody Agreement on the specified website.
（2） Announcement on the Effectiveness of the Fund Contract
The Fund Manager shall publish the Fund on the prescribed newspapers and websites on the next day after receiving the confirmation document from the CSRC
Announcement of the effectiveness of the Contract.
（3） Net fund value information
After the Fund Contract comes into force, the Fund Manager shall, at least weekly
Disclose the net value of fund units and the cumulative net value of fund units once on the specified website.
After starting to handle the subscription or redemption of fund units, the fund manager shall notify
Disclose the net value of fund units and the accumulated net value of fund units on the opening day through the specified website, fund sales agency website or business outlet
Value.
The Fund Manager shall disclose the semi annual and annual information on the prescribed website no later than the next day after the last day of the semi annual and annual information
Net value of fund units and cumulative net value of fund units on the last day.
（4） Subscription and redemption price of fund units
The Fund Manager shall specify the subscription and redemption of fund units in the Fund Contract, Prospectus and other information disclosure documents
The calculation method of the return price and the relevant subscription and redemption rates, and ensure that investors can operate on the website of the fund sales agency
The outlets consult or copy the above information.
（5） Regular reports of the Fund, including annual reports, interim reports and quarterly reports of the Fund
The Fund Manager shall, within three months from the end of each year, prepare and publish the annual report of the Fund
On the specified website, and publish the suggestive announcement of the annual report on the specified newspaper. Financial statements in the Fund's annual report
The report shall be audited by an accounting firm that complies with the provisions of the Securities Law.
The Fund Manager shall, within two months from the end of the first half of the year, complete the preparation of the interim report of the Fund and register the interim report
It is published on the specified website, and the suggestive announcement of the interim report is published on the specified newspaper.
The Fund Manager shall complete the quarterly report of the Fund within 15 working days from the end of the quarter and submit the quarterly report
The notice shall be published on the specified website, and the suggestive notice of the quarterly report shall be published on the specified newspaper.
If the Fund Contract takes effect less than two months ago, the Fund Manager may not prepare the current quarterly report, interim report or
Annual report.
If a single investor holds 20% or more of the total fund shares during the reporting period
For the rights and interests of other investors, the fund manager shall at least report under the item of "other important information that affects the decisions of investors"
Disclose the investor's category, shares held at the end of the reporting period and their proportion, changes in shares held during the reporting period and the characteristics of the Fund
There are risks, except for special circumstances recognized by the CSRC.
The fund manager shall disclose the assets of the fund portfolio and its liquidity risk in the annual report and interim report of the fund
Analysis, etc.
（6） Interim report
If a major event occurs to the Fund, the relevant information disclosure obligor shall prepare an interim report within 2 days and publish it in the Regulations
Fixed newspapers and websites.
The "major event" mentioned in the preceding paragraph refers to the event that may have a significant impact on the rights and interests of fund unit holders or the price of fund units
The following events for:
1. The convening and decisions of the general meeting of fund share holders;
2. The Fund Contract is terminated and the Fund is liquidated;
3. Conversion of fund operation mode and fund merger;
4. Change the fund manager, fund custodian, fund share registration agency, and change the fund to an accounting firm;
5. The fund manager entrusts the fund service agency to handle the registration, accounting, valuation and other matters of fund shares on behalf of the fund
The custodian entrusts the fund service institution to handle the accounting, valuation, review and other matters of the fund on its behalf;
6. The legal names and addresses of the Fund Manager and the Fund Custodian have changed;
7. The Fund Manager changes the shareholders holding more than 5% of the equity and the actual controller of the Fund Manager;
8. The fund raising period is extended or the fund raising is terminated in advance;
9. The senior management of the fund manager, the fund manager and the head of the special fund custody department of the fund custodian have changed
Dynamic;
10. The directors of the Fund Manager have changed by more than 50% in the last 12 months;
11. The main business personnel of the Fund Manager and the Fund Custodian's special fund custody department have changed in the last 12 months
More than 30%;
12. Litigation or arbitration involving fund management business, fund property and fund custody business;
13. The fund manager or its senior management personnel and fund manager are subject to major administration due to fund management business related behaviors
Penalty and criminal punishment: the Fund Custodian or the head of its special fund custody department is severely punished due to acts related to fund custody business
Major administrative punishment and criminal punishment;
14. The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders, and the actual control
Securities issued by or underwritten during the underwriting period by a person or a company that has a major interest with him or her, or engaging in other major activities
Related party transactions, unless otherwise stipulated by the CSRC;
15. Fund income distribution matters;
16. Accrual standards, methods and rates of management fees, custody fees, sales service fees, subscription fees, redemption fees and other fees
Change occurs;
17. The valuation error of the net value of any type of fund unit reaches 0.5% of the net value of such type of fund unit;
18. The Fund begins to handle subscription and redemption;
19. The Fund is redeemed in large amount and postponed;
20. The Fund has successively made major redemptions and suspended the acceptance of redemption applications or deferred the payment of redemption funds;
21. The Fund suspends accepting subscription and redemption applications or re accepts subscription and redemption applications;
22. Major events involving adjustment of fund subscription and redemption events or potential impact on investors' redemption occur;
23. Adjust the setting of fund share categories;
24. The Fund launches new businesses or services;
25. The Fund Manager adopts the swing pricing mechanism for valuation;
26. The Fund has less than 200 fund share holders or fund assets for 30, 40 or 45 consecutive working days
The net asset value is less than 50 million yuan;
27. The Fund Information Disclosure Obligor believes that it may cause heavy losses to the rights and interests of the Fund Unitholders or the price of the Fund Units
Other matters with great influence or other matters prescribed by the CSRC.
（7） Clarification announcement
During the duration of the Fund Contract, any news appearing in any public media or circulating in the market may
Where the price of fund units has a misleading effect or causes a large fluctuation, and may damage the rights and interests of fund unit holders
The information disclosure obligor shall immediately make public clarification of the information after it becomes aware of it.
（8） Resolution of the general meeting of fund share holders
The matters decided by the general meeting of fund unit holders shall be reported to the CSRC for record and announced in accordance with the law.
（9） Liquidation report
If the fund contract is terminated, the fund manager shall organize a fund assets liquidation team to liquidate the fund assets and
Issue the liquidation report. The Fund Assets Liquidation Team shall publish the liquidation report on the specified website and make the liquidation report suggestive to the public
The notice was published in the required newspapers.
（10） Information disclosure of investment in special investment varieties
If the Fund invests in Hong Kong Stock Connect stocks, depositary receipts, asset-backed securities, stock index futures, treasury bond futures, stock options
When credit derivatives, financing business and refinancing lending business are involved, the fund manager will comply with relevant laws and regulations
Information disclosure. It includes:
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports, as well as the Prospectus (update) and other documents
The documents disclose the investment in Hong Kong stocks and fully reveal the relevant risks of investing in Hong Kong stocks. Legal law
Regulations or other provisions of the CSRC shall prevail.
The information disclosure of the Fund's investment in depositary receipts shall be subject to the domestic listed stocks.
The Fund Manager shall disclose the total amount of asset-backed securities and asset-backed securities held by it in the Fund's annual report and interim report
The proportion of the market value of securities in the net assets of the Fund and the details of all asset-backed securities during the reporting period. The Fund Manager shall
The report discloses the total amount of asset-backed securities held, the proportion of the market value of asset-backed securities in the net assets of the fund and the reporting period
Details of the top 10 asset-backed securities ranked by the proportion of market value in the net assets of the fund.
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports, as well as the Prospectus (update) and other documents
The documents disclose the trading of stock index futures and treasury bond futures, including investment policies, positions, profits and losses, risk indicators, etc,
And fully reveal the impact of stock index futures and treasury bond futures transactions on the overall risk of the fund and whether they conform to the established investment policies
And investment objectives.
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports, as well as the Prospectus (update) and other documents
Relevant information about participating in stock option trading is disclosed in the document, including investment policies, positions, profits and losses, risk indicators
Valuation methods, and fully reveal the impact of stock option trading on the overall risk of the fund and whether it conforms to the established investment policies
And investment objectives.
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports, as well as the Prospectus (update) and other documents
The documents disclose the investment of credit derivatives, including investment strategies, positions, etc., and fully disclose the investment of credit derivatives
The impact on the overall risk of the fund and whether it conforms to the established investment objectives and strategies.
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports, as well as the Prospectus (update) and other documents
Relevant information about participation in financing transactions, including investment strategy, business development, profit and loss, risk and management
Management, etc.
（11） Information disclosure during the implementation of the side pocket mechanism
Where the Fund implements the side pocket mechanism, relevant information disclosure obligors shall, in accordance with laws and regulations, fund contracts and recruitment instructions
Information disclosure according to the provisions of the prospectus. See the provisions of the prospectus for details.
（12） Other information specified by the CSRC.
6、 Information disclosure management
The Fund Manager and the Fund Custodian shall establish and improve the information disclosure management system and designate special departments and senior managers
Members are responsible for managing information disclosure.
The public disclosure of fund information by the fund information disclosure obligor shall comply with the relevant fund information disclosure content and
Format criteria and other regulations.
The Fund Custodian shall, in accordance with the relevant laws and regulations, the provisions of the CSRC and the Fund Contract
Net fund value information, purchase and redemption price of fund units, regular fund reports, updated prospectus
Review and review relevant fund information publicly disclosed such as fund product information summary and fund liquidation report, and report to the fund management department
The manager shall make written or electronic confirmation.
The Fund Manager and the Fund Custodian shall choose among the required newspapers and periodicals to disclose information, and only one newspaper is required for a single fund
Home newspapers. The fund manager and the fund custodian shall submit the fund letter to be disclosed to the fund electronic disclosure website of the CSRC
And ensure that the information submitted is true, accurate, complete and timely.
In addition to disclosing information as required by laws and regulations, fund managers and fund custodians can also focus on providing information for investors to make decisions
From the perspective of useful information, on the premise of ensuring fair treatment of investors, not misleading investors, and not affecting the normal investment operation of funds
We will independently improve the quality of information disclosure services. The specific requirements shall comply with the relevant provisions of the CSRC. The aforesaid independent disclosure
If information disclosure fees are incurred, such fees shall not be disbursed from the fund assets.
The professional institutions that issue audit reports and legal opinions for the fund information publicly disclosed by the fund information disclosure obligor shall
When working papers are prepared and relevant files are kept for at least 10 years after the termination of the Fund Contract.
7、 Storage and reference of information disclosure documents
After the release of the information that must be disclosed according to law, the Fund Manager and the Fund Custodian shall, in accordance with the relevant laws and regulations
The information is kept at the company's domicile for public reference and reproduction.
8、 The Fund Manager and the Fund Custodian may suspend or delay the disclosure of fund related information when:
1. The securities and futures exchange or foreign exchange market involved in the fund investment is suspended from business on statutory holidays or for other reasons
Hour;
2. The Fund Manager and the Fund Custodian are unable to accurately assess the value of the Fund assets due to force majeure;
3. When the 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
The fund manager suspends the valuation;
4. Other circumstances specified by laws and regulations, and recognized by the CSRC and the Fund Contract.
Part XIX Change and Termination of Fund Contract and Liquidation of Fund Assets
1、 Changes to the Fund Contract
1. The change of the fund contract involving the provisions of laws and regulations or the fund contract shall be approved by the resolution of the general meeting of fund share holders
A resolution shall be passed at a general meeting of fund share holders. For the provisions of laws and regulations and the fund contract
The matters approved by the general meeting of fund unit holders shall be changed and announced after the consent of the fund manager and the fund custodian, and shall be reported to
Recorded by China Securities Regulatory Commission.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall not be implemented until it takes effect, and the resolution shall take effect
Announce in the specified media within the next two days.
2、 Reasons for Termination of the Fund Contract
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the fund manager and the fund custodian are terminated, and there are no new fund managers or new fund custodians within 6 months
Undertaken;
3. Other circumstances stipulated in the Fund Contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
3、 Liquidation of fund assets
1. Fund asset liquidation team: establish the fund asset within 30 working days from the date of termination of the Fund Agreement
The asset liquidation group, the fund manager or the temporary fund manager shall organize the asset liquidation group under the supervision of the CSRC
Conduct fund liquidation.
2. Before the Fund assets liquidation team takes over the Fund assets, the Fund Manager and the Fund Custodian shall
Continue to perform the responsibility of protecting the security of the Fund's assets in accordance with the provisions of the Trust Agreement and the Trust Agreement.
3. Composition of the fund assets liquidation group: the members of the fund assets liquidation group are the fund manager or the temporary fund manager
The Fund Custodian, certified public accountants and lawyers meeting the requirements of the Securities Law, and personnel designated by the CSRC. base
The gold property 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 and change of the Fund assets
Present 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 issue the liquidation report
Legal opinion;
(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 it cannot be timely because the liquidity of the securities held by the Fund is restricted
In case of liquidation, 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 group of the fund assets shall give priority to the payment from the remaining assets of the fund.
5、 Distribution of residual assets in the liquidation of fund assets
In accordance with the distribution plan for the liquidation of the Fund assets, all remaining assets after the liquidation of the Fund assets shall be deducted from the liquidation fees of the Fund assets
After paying the taxes owed and paying off the fund debts, the fund shall be distributed in proportion to the fund units held by the fund unit holders.
6、 Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The fund assets liquidation report has been approved by the
The accounting firm shall audit and the law firm shall issue a legal opinion, which shall be reported to the CSRC for filing and announcement. Fund asset liquidation
The announcement shall be made by the Fund Assets Liquidation Team within 5 working days after the Fund Assets Liquidation Report is submitted to the CSRC for filing.
7、 Preservation of fund assets liquidation books and documents
The fund asset liquidation account book and relevant documents shall be kept by the fund custodian for a period not less than the minimum period prescribed by laws and regulations
Years.
Part XX Liability for Breach of Contract
1、 The Fund Manager and the Fund Custodian violate the Fund Law and other laws and regulations in the process of performing their respective duties
If it is stipulated or stipulated in the Fund Contract that damage is caused to the Fund property or the holders of Fund units
Shall be liable for compensation according to law; If the joint act causes damage to the fund property or the fund unit holders, they shall bear
They shall bear joint and several liability for compensation, and compensation for losses shall be limited to direct losses. However, the party concerned shall be exempted from liability under the following circumstances:
1. Force majeure;
2. The Fund Manager and/or the Fund Custodian shall act or not act in accordance with the then effective laws and regulations or the provisions of the CSRC
Losses caused by actions, etc;
3. Losses caused by the Fund Manager's exercising or not exercising its investment rights in accordance with the investment principles specified in the Fund Contract
Etc.
2、 In the event of a breach of contract by one or more parties, on the premise of protecting the interests of fund share holders to the greatest extent,
If the Fund Contract can continue to be performed, it shall continue to be performed. The non breaching party is obliged to take timely measures within the scope of its responsibilities
Necessary measures shall be taken to prevent the expansion of losses. If the loss is further expanded due to failure to take appropriate measures, it shall not
Claim for compensation. The reasonable expenses incurred by the non defaulting party to prevent the loss from expanding shall be borne by the defaulting party.
3、 Due to the uncontrollable factors of the Fund Manager and the Fund Custodian, business errors occur
Although the custodian has taken necessary, appropriate and reasonable measures to carry out the inspection, it fails to find any error, which results in
The Fund Manager and the Fund Custodian shall be exempted from the compensation liability for the loss of the Fund property or investors. But fund managers and fund trusts
The administrator shall actively take necessary measures to eliminate or mitigate the impact caused thereby.
Part XXI Dispute Settlement and Applicable Law
The parties agree that all disputes arising from or in connection with the Fund Contract, such as
If no settlement can be reached through good negotiation, the dispute shall be submitted to the China International Economic and Trade Arbitration Commission, which shall proceed in accordance with the Commission's arbitration rules in force at the time
The arbitration shall be conducted in Beijing, and the arbitration award shall be final and binding on all parties. Unless the arbitration award
The arbitration fee shall be borne by the losing party.
During the dispute settlement period, the parties to the Fund Contract shall abide by their respective responsibilities and continue to perform faithfully, diligently and responsibly
The obligations specified in the fund contract and the custody agreement shall safeguard the legitimate rights and interests of fund unit holders.
The Fund Contract is governed by the laws of China (for the purpose of this Fund Contract, excluding Hong Kong Special Administrative Region and Macao Special Administrative Region
And Taiwan laws).
Part XXII Effect of Fund Contract
The Fund Contract is a legal document that stipulates the rights and obligations between the parties to the Fund Contract.
1. The Fund Contract is sealed by the Fund Manager and the Fund Custodian and signed by the legal representatives or authorized representatives of both parties
After the offering is completed, the fund manager shall go through the fund filing procedures with the CSRC and obtain the letter from the CSRC
It will take effect after face confirmation.
2. The term of validity of the Fund Contract shall be from the date of its entry into force to the time when the liquidation results of the Fund assets are reported to the CSRC for filing and announcement
Until.
3. As of the effective date of the Fund Contract, the Fund Manager, the Fund Custodian and the Fund Unitholders
All parties to the Fund Contract shall have the same legal binding force.
4. The original of the Fund Contract is in sextuplicate. In addition to submitting it to the relevant regulatory authority in sextuplicate
Each administrator holds two copies, each of which has the same legal effect.
5. The Fund Contract can be printed in volumes for investors to use in the offices of the Fund Manager, the Fund Custodian and the Sales Agency
Check the office and business place.
Part XXIII Other Matters
Any matters not covered in the Fund Contract shall be settled by the parties to the Fund Contract through consultation in accordance with relevant laws and regulations.
Part XXIV Summary of the Fund Contract
1、 Rights and obligations of fund share holders, fund managers and fund custodians
（1） Rights and obligations of fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the Fund Contract
Those who acquire fund shares in accordance with the Fund Contract will become the Fund Unitholders and parties to the Fund Contract,
Until they no longer hold the fund shares of the Fund. As a party to the Fund Contract, the Fund Unitholders shall not
The written seal or signature on the gold contract is a necessary condition.
Unless otherwise stipulated by laws and regulations or the fund contract, each fund share of the same category has the same legal right
Benefits. Due to different net values of various fund units of the Fund, the amount of fund income distribution and the
The amount of distribution of the remaining fund assets may vary.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders include but are not limited to
On:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Transferring or applying for redemption of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders, and act on the matters discussed at the general meeting of fund unit holders
Exercise voting rights;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) Initiate legal proceedings against the Fund Manager, the Fund Custodian and the Fund Service Institution for acts that damage their legitimate rights and interests
Or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders include but are not limited to
On:
(1) Carefully read and abide by the Fund Contract, Prospectus (and its updates) and other information disclosure documents;
(2) Understand the fund products invested, understand their own risk tolerance, independently judge the investment value of the fund
Make investment decisions and bear investment risks;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription amount and the fees specified in laws and regulations and the Fund Contract;
(5) To bear the limited liability for fund losses or termination of the Fund Contract within the scope of fund units held by them;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund Contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
（2） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of the Fund Manager include but are not limited to:
(1) Raising funds according to law;
(2) From the effective date of the Fund Contract, independently use and manage the Fund in accordance with laws and regulations and the Fund Contract
Property;
(3) Collect fund management fees and other fees specified by laws and regulations or approved by the CSRC in accordance with the Fund Contract
Use;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
Financial Contract and relevant national laws and regulations shall be reported to the CSRC and other regulatory authorities, and necessary measures shall be taken to protect the
The interests of gold investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency;
(9) Serve as or entrust other qualified institutions to act as the fund registration agency to handle the fund registration business and obtain
Fees specified in the gold contract;
(10) Determine the distribution plan of fund income in accordance with the Fund Contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription, redemption and conversion applications within the scope agreed in the Fund Contract;
(12) Exercise shareholders' rights against the invested company in accordance with laws and regulations for the benefit of the fund, and exercise reasons for the benefit of the fund
Rights arising from the investment of gold property in securities;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercise litigation rights or implement other laws on behalf of fund share holders in the name of the fund manager
Legal behavior;
(15) Select and replace law firms, accounting firms, securities and futures brokers or provide other services for the Fund
External institutions;
(16) Formulate and adjust relevant fund subscription, subscription, redemption, conversion
Business rules such as custody transfer, fixed investment and non transaction transfer;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include but are not limited to:
(1) Raising funds according to law, handling or entrusting other institutions recognized by the CSRC to handle fund units
Sale, subscription, redemption and registration;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Contract, manage and use the Fund assets in the principle of good faith, prudence and diligence;
(4) Allocate sufficient personnel with professional qualifications to analyze and make decisions on fund investment in a professional way
To manage and operate the assets of the Fund;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems to ensure the management of the Institute
The assets of the fund and the assets of the fund manager are independent of each other, and the different funds under management are managed, accounted for and carried out separately
portfolio investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used for its own and
Any third person seeking benefits shall not entrust a third person to operate the fund property;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Take appropriate and reasonable measures to ensure that the method for calculating the subscription, purchase, redemption and cancellation prices of fund units complies with the requirements of the Basic Rules of the People's Republic of China
The fund net value information shall be calculated and announced in accordance with the relevant provisions, and the subscription and redemption of fund units shall be determined
Return price;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report;
(11) Perform information disclosure and reporting obligations in strict accordance with the Fund Law, the Fund Contract and other relevant provisions;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. Except for the Fund Law and the Fund Fund
Unless otherwise specified in the same regulations and other relevant regulations, the fund information shall be kept confidential before public disclosure, and shall not be disclosed to others, but shall be supervised
As required by competent authorities such as regulatory agencies and judicial authorities, or as required by services provided by external professional consultants such as audit and law consultants
Except in the circumstances;
(13) Determine the fund income distribution plan as agreed in the Fund Contract, and distribute funds to fund share holders in a timely manner
profit;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene a general meeting of fund unit holders or a coordination fund in accordance with the Fund Law, the Fund Contract and other relevant provisions
The Fund Custodian and Fund Unitholders shall convene a general meeting of Fund Unitholders in accordance with the law;
(16) Keep the accounting books, statements, records and other relevant materials of fund property management business activities as required
The term of deposit shall not be less than the minimum term prescribed by laws and regulations;
(17) Ensure that all documents or materials that need to be provided to fund investors are issued within the specified time, and ensure that investors
Be able to access public information related to the Fund at any time according to the time and method specified in the Fund Contract, and
Obtain copies of relevant materials under the condition of cost management;
(18) Organize and participate in the Fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and distribution of the Fund assets;
(19) Report to the CSRC and notify the Fund in a timely manner in case of dissolution, revocation or bankruptcy according to law
Custodian;
(20) In case of loss of fund property or damage to the legitimate rights and interests of fund share holders due to violation of the Fund Contract
When assuming the liability for compensation, its liability for compensation will not be exempted by its retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract, and the Fund Custodian violates
In case of any loss of fund property caused by the anti Fund Contract, the Fund Manager shall recover from the Fund Custodian for the benefit of the Fund Unitholders
Compensation;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the fund affairs of the third party
To assume responsibility;
(23) In the name of the Fund Manager, to exercise litigation rights or perform other legal acts on behalf of the Fund Unitholders;
(24) The Fund Manager fails to meet the filing conditions of the Fund during the raising period, the Fund Contract cannot take effect, and the Fund
The Manager shall bear all the raising expenses, and shall pay the raised funds plus the interest of bank demand deposits for the same period after the end of the fund raising period
Return to the fund subscriber within 30 days;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
（3） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include but are not limited to:
(1) From the effective date of the Fund Contract, the Fund shall be safeguarded in accordance with laws, regulations and the provisions of the Fund Contract
Production;
(2) Obtaining the fund custody fee and other fees prescribed by laws and regulations or approved by the regulatory authority in accordance with the Fund Contract
Use;
(3) Supervise the Fund Manager's investment operation in the Fund. If the Fund Manager is found to have violated the Fund Contract and
Any national laws and regulations that cause significant losses to the fund property and the interests of other parties shall be reported to the CSRC
And take necessary measures to protect the interests of fund investors;
(4) According to the relevant market rules, open capital accounts, securities accounts and other investment accounts for the Fund
Clearing of securities and futures trading funds;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include but are not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) Set up a special fund custody department, have a business site that meets the requirements, and have sufficient and qualified familiarity
The full-time staff of the fund custody business shall be responsible for the custody of fund assets;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems to ensure that the fund
The security of the assets and the mutual independence between the fund assets under its custody, the fund custodian's own assets and different fund assets; yes
Different funds under custody shall set up accounts separately, conduct independent accounting and separate account management, so as to ensure that account setting
Fund allocation and account book recording are mutually independent;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used for its own and
Any third person seeking benefits shall not entrust a third person to trust the fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open fund accounts, securities accounts and other accounts required for investment of fund assets as required, and
According to the investment instructions of the Fund Manager, timely handle the liquidation and delivery matters;
(7) Unless otherwise specified in the Fund Law, the Fund Contract and other relevant regulations
Before the public disclosure of fund information, it shall be kept confidential and shall not be disclosed to others
Unless required by the audit, legal and other external professional consultants to provide services;
(8) Review and review the net value of fund assets, net value of fund units, purchase and redemption of fund units calculated by the fund manager
Back price;
(9) To handle information disclosure related to fund custody business activities;
(10) Give opinions on the financial accounting report, quarterly report, interim report and annual report of the fund, and explain the fund management
Whether the operation of personnel in all important aspects is carried out in strict accordance with the provisions of the Fund Contract; If the Fund Manager fails to implement
The acts specified in the Fund Contract shall also state whether the Fund Custodian has taken appropriate measures;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities for a period not less than
Minimum service life specified by laws and regulations;
(12) Receive the register of fund unit holders from the fund manager or the registration institution entrusted by the fund manager;
(13) Prepare relevant account books as required and check with the fund manager;
(14) Pay fund income and redemption money to fund share holders in accordance with the instructions of the fund manager or relevant regulations;
(15) Convene a general meeting of fund unit holders or cooperate in accordance with the Fund Law, the Fund Contract and other relevant provisions
The Fund Manager and the Fund Unitholders shall convene a general meeting of the Fund Unitholders in accordance with the law;
(16) Supervise the investment operation of the Fund Manager in accordance with laws and regulations and the provisions of the Fund Contract;
(17) Participate in the liquidation group of the Fund assets and participate in the custody, liquidation, valuation, realization and distribution of the Fund assets;
(18) Report to the CSRC and the Banking Regulatory Commission in a timely manner when faced with dissolution, revocation or bankruptcy according to law
To supervise the management institution and notify the fund manager;
(19) If the Fund property is lost due to violation of the Fund Contract, it shall be liable for compensation
Dismissal upon retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws and regulations and the Fund Contract
In case of any loss of fund property caused by the Manager's violation of the Fund Contract, the Manager shall claim compensation from the Fund Manager for the benefit of the Fund Unitholders;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
2、 Procedures and Rules for Convening, Deliberating and Voting of the General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, and the legally authorized representatives of fund unit holders shall have the right to represent
Fund share holders attend the meeting and vote. Unless otherwise stipulated by laws and regulations or the fund contract
Each fund unit of the same category held by someone has equal voting rights.
The National People's Congress of the holders of Fund units does not have a daily institution. During the duration of the Fund, based on the operational needs of the Fund
The general meeting of gold share holders can add daily institutions, and the establishment and operation of daily institutions should be in accordance with relevant laws and regulations and China
As required by the CSRC.
（1） Reason for convening
1. Unless otherwise stipulated by laws and regulations and the CSRC or the fund contract, the following decisions shall be made in case of occurrence or need
A general meeting of fund unit holders shall be held for any of the following reasons:
(1) Terminate the Fund Contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standards of fund managers and fund custodians and raise the sales service fees;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(11) Fund share holders who individually or jointly hold more than 10% (including 10%) of the total fund shares (
The Fund Manager shall calculate the Fund units on the day of receipt of the proposal, the same below) and request in writing the Fund Unitholders to convene a meeting on the same matter
an assembly;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) The general meeting of fund share holders shall be convened as required by laws and regulations, the Fund Contract or other provisions of the CSRC
Matters.
2. Within the scope stipulated by laws and regulations and the Fund Contract, and not material to the interests of fund share holders
Under the premise of adverse effects, the following circumstances can be modified by the Fund Manager and the Fund Custodian after consultation, without the need to convene fund units
General Meeting of Holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate, lower the redemption rate, lower the sales service rate or change the charging method of the Fund;
(3) The Fund Contract should be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of fund share holders or does not involve
The rights and obligations of the parties in the golden contract have changed significantly;
(5) Adjust the setting of the Fund's share categories according to the actual operation of the Fund;
(6) The scope of the fund manager, registration institution and fund sales institution as prescribed by laws and regulations or permitted by the CSRC
Internal adjustment of business rules related to subscription, subscription, redemption, conversion, fund trading, non trading transfer, custody transfer, etc;
(7) The Fund launches new businesses or services;
(8) Other circumstances under which it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the Fund Contract.
（2） Convener and convening method
1. Unless otherwise stipulated by laws and regulations or the Fund Contract, the general meeting of fund share holders shall be convened by the Fund Manager
Set.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall submit a written request to the Fund Manager
Discussion. The Fund Manager shall decide whether to convene the meeting within 10 days from the date of receiving the written proposal and notify the Fund Custodian in writing.
If the Fund Manager decides to convene the meeting, it shall convene the meeting within 60 days from the date of issuing the written decision; The Fund Manager decides not to convene the meeting,
If the Fund Custodian still considers it necessary to convene the meeting, it shall convene the meeting by itself, and the meeting shall be held 60
The Fund Manager shall convene and notify the Fund Manager within days, and the Fund Manager shall cooperate.
4. Fund share holders representing more than 10% (including 10%) of the fund shares request in writing to hold a fund share meeting on the same matter
The shareholders' meeting shall submit a written proposal to the fund manager. The Fund Manager shall, as of the date of receipt of the written proposal
Decide whether to convene the meeting within days, and notify the representatives of the Fund Unitholders and the Fund Custodian who put forward the proposal in writing. Fund manager
If it is decided to convene the meeting, it shall be convened within 60 days from the date of issuing the written decision; The Fund Manager decides not to convene the meeting on behalf of the Fund
If the Fund Unitholders with more than 10% (including 10%) of their shares still think it necessary to hold the meeting, they shall submit a letter to the Fund Custodian
Face to face proposal. The Fund Custodian shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the Fund Custodian in writing to propose
The representatives of the Fund Unitholders and the Fund Manager; If the Fund Custodian decides to convene the meeting, it shall issue a written decision from the date of issuance
The fund manager shall cooperate with the fund manager who shall convene and notify the fund manager within 60 days.
5. Fund share holders representing more than 10% (including 10%) of fund shares request to hold fund share holding on the same matter
If there is a general meeting, and neither the Fund Manager nor the Fund Custodian convenes it, it alone or collectively represents more than 10% of the Fund shares (including
10%) of the fund share holders have the right to convene on their own and report to the CSRC for filing at least 30 days in advance. Fund share holding
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere with the Fund Unitholders' meeting convened by the Fund Unitholders themselves according to law
Disturbance.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and equity registration date of the meeting.
（3） Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund unit holders, the convener shall make an announcement 30 days before the meeting in the prescribed media. Funds
The notice of general meeting of shareholders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and validity of the agent)
Etc.), mode of authorization, time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to explain this meeting in the meeting notice
The specific means of communication adopted by the National People's Congress of Fund Unitholders, the entrusted notary organ and its contact information, contact person and voting
Deadline and collection method for submission of opinions.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to go to the designated place to calculate the voting opinions
Vote for supervision; If the convener is the Fund Custodian, it shall notify the Fund Manager in writing to vote at the designated place
To supervise the counting of votes; If the convener is the fund share holder, he/she shall notify the fund manager and the fund custodian in writing separately
Go to the designated place to supervise the counting of votes. The Fund Manager or the Fund Custodian refuses to send representatives to vote
The counting of votes for supervision shall not affect the counting effect of voting opinions.
（4） Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders may be held by means of on-site meeting, communication meeting or by means of laws, regulations and regulatory authorities
Other methods shall be adopted, and the convening method of the meeting shall be determined by the convener.
1. On site meeting. The fund share holder shall attend in person or appoint a representative to attend by proxy,
At the on-site meeting, the authorized representatives of the Fund Manager and the Fund Custodian shall attend the General Meeting of Fund Unitholders as nonvoting delegates
Or if the Fund Custodian does not send representatives to attend as nonvoting delegates, the voting effect shall not be affected. The on-site meeting can be held when the following conditions are met
Agenda of the general meeting of fund share holders:
(1) The certificate of fund shares held by the person attending the meeting in person, and the certificate of fund shares held by the principal issued by the person entrusted to attend the meeting
The amount certificate and the proxy voting authorization certificate of the principal comply with the provisions of laws and regulations, the Fund Contract and the meeting notice,
And the vouchers for holding fund units are consistent with the registration materials held by the fund manager;
(2) After verification, the voucher of fund shares held on the equity registration date presented by the participants shows that the valid fund
The shares shall not be less than one-half (including one-half) of the total shares of the Fund on the equity registration date. If the participants are in Quanyideng
If the effective fund units represented on the record date are less than half of the total fund units of the Fund on the equity registration date, the convener may
The originally announced general meeting of fund unit holders shall be reconvened within 3 months and 6 months after the date of the meeting
General Meeting of Fund Unitholders. Valid representatives of the reconvened fund unit holders' meeting on the equity registration date
The fund shares shall not be less than one-third (including one-third) of the total fund shares of the Fund on the equity registration date.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders vote on voting matters in writing or at a general meeting
Other methods specified in the announcement shall be delivered to the address designated by the convener before the deadline for voting. The correspondence meeting shall be held in writing or
Vote in other ways specified in the announcement of the meeting.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) After the convener of the meeting publishes the notice of the meeting as agreed in the Fund Contract, it shall continuously publish relevant information within 2 working days
Suggestive announcement;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener, it shall be the fund custodian
Manager) to the designated place to supervise the counting of votes. The convener of the meeting is in charge of the fund custodian (if the fund custodian
Is the convener, or the fund manager) and the notary office under the supervision of the meeting notice
Voting opinions; If the Fund Custodian or the Fund Manager is notified not to participate in the collection of voting opinions, the voting effect will not be affected;
(3) Fund share holders who directly issue voting opinions or authorize others to issue voting opinions
Of the Fund units shall not be less than one-half (including one-half) of the total Fund units on the equity registration date; If I directly issue the form
The fund units held by the fund unit holders are less than those on the equity registration date
1/2 of the total fund units, the convener may hold
Then, within six months, reconvene the general meeting of fund unit holders on the matters originally scheduled for consideration. Fund unit holdings reconvened
The National People's Congress shall have holders representing more than one third (including one third) of the fund units directly issue voting opinions or authorization
Voting opinions issued by other representatives;
(4) The Fund Unitholders who directly issue the voting opinions in Item (3) above or the trustee issues a statement on behalf of others
See the agent, the certificate of holding fund shares submitted at the same time, and the proxy issued by the agent entrusted to issue the voting opinion
There are vouchers of fund shares and the proxy voting authorization certificate of the principal in compliance with laws and regulations, the Fund Contract and the General Meeting
And consistent with the records of the fund registration authority.
3. With the permission of laws and regulations or regulatory authorities, the notice of the general meeting of fund share holders states that the fund
Unit holders can also choose to vote online, over the phone or in other ways, or grant
The right to attend the meeting and vote on behalf of others. For this purpose, the Fund Unitholders shall, within the time limit specified in the notice of the meeting
Submit the corresponding valid vote or power of attorney to the convener of the meeting in the specified manner.
（5） Discussion content and procedure
1. Discussion content and proposal right
The content of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the Fund Contract and final decisions
Termination of the Fund Contract, replacement of the Fund Manager, replacement of the Fund Custodian, merger with other funds, laws and regulations and the Fund
Other matters specified in the Contract and other matters that the convener of the meeting deems necessary to be submitted to the general meeting of fund unit holders for discussion.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall be made in
The shareholders' meeting shall be announced in time before it is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the way of on-site meeting, the presider of the meeting shall first determine and announce the scrutinizing of tickets according to the procedures specified in Article (7) below
Then the presider of the conference will read out the proposal, vote after discussion, and form the resolution of the conference. The host of the conference is the fund
The representatives authorized by the Manager to attend the meeting, if the authorized representative of the Fund Manager fails to preside over the meeting, the Fund Custodian
Authorize its representative to preside over the meeting; If neither the authorized representative of the Fund Manager nor the authorized representative of the Fund Custodian can preside over the meeting
Will be elected by more than 50% (including 50%) of the voting rights held by the fund share holders and agents present at the meeting
The Fund Unitholders shall be the chairperson of the general meeting of the Fund Unitholders. The Fund Manager and the Fund Custodian refuse
The presence or presiding over the general meeting of fund unit holders shall not affect the validity of the resolutions made at the general meeting of fund unit holders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants (or the name of the organization) shall be recorded in the signature book
Name), ID document number, fund shares held or represented with voting rights, name of the trustor (or unit name) and
Contact information, etc.
(2) Communication meeting
In case of communication meeting, the convener shall first announce the proposal 30 days in advance, after the notified deadline for voting
Within 2 working days, the convener shall count all valid votes under the supervision of the notary office, and form a resolution under the supervision of the notary office.
（6） Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. General resolution, general resolution shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
More than one half (including one half) is valid; Except for the matters to be passed by special resolution as specified in item 2 below
All other matters of are passed by general resolution;
2. Special resolution, which shall be subject to three votes held by fund share holders or their proxies attending the meeting
It can only be made after more than two thirds (including two thirds) pass. Unless otherwise agreed in the fund contract, change the operation mode of the fund
Change the Fund Manager or Fund Custodian, terminate the Fund Contract, and merge the Fund with other funds through special resolution
Is valid.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary in the counting of votes, it shall be submitted in accordance with the meeting notice
The voting for confirming the investor's identity document as specified in the notice shall be deemed as the investors who are effectively present, and the table that appears to comply with the provisions of the notice of the meeting
Resolutions shall be deemed as valid voting, and ambiguous or contradictory voting opinions shall be deemed as abstention from voting, but shall be included in the voting
The total number of fund units represented by the fund unit holders with opinions.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be considered separately and listed item by item
Decision.
（7） Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the chairperson of the general meeting of Fund Unitholders shall be present at the meeting
At the beginning of the meeting, it was announced that two representatives of fund share holders and the large
A supervisor authorized by the convener of the meeting shall act as the scrutinizer jointly; If the general meeting is convened by the fund share holders themselves or if the general meeting
If the Fund Manager or the Fund Custodian fails to attend the meeting, the Fund units
The presider of the general meeting shall announce that three fund shares will be elected from among the fund share holders present at the meeting after the meeting begins
The holder's representative acts as the scrutinizer. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineer shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall announce the counting of votes on the spot
result.
(3) If the chairman of the meeting or the fund share holder or agent has doubts about the voting results submitted, he/she may
Immediately after the announcement of the voting results, the number of votes required shall be counted again. The scrutineer shall make a new count
Only once. After re counting, the presider of the meeting shall announce the re counting results on the spot.
(4) The vote counting process shall be notarized by a notary office. If the fund manager or fund custodian refuses to attend the meeting
Affect the validity of counting votes.
2. Communication meeting
In case of communication meeting, the vote counting method is: two supervisors authorized by the convener of the meeting are authorized by the fund custodian
The representative (or the authorized representative of the fund manager if convened by the fund custodian) counts the votes under the supervision of the notary office
The counting process shall be notarized. If the Fund Manager or the Fund Custodian refuses to send representatives to supervise the counting of votes,
The counting and voting results will not be affected.
（8） Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC for filing within 5 days from the date of adoption.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If communication mode is adopted
To vote, the full text of the notarial certificate, the name of the notary office and the name of the notary must be submitted when the resolution of the general meeting of fund share holders is announced
And so on.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective resolutions of the General Meeting of Fund Unitholders.
The effective resolution of the general meeting of fund unit holders shall be binding on all fund unit holders, fund managers and fund custodians
power.
（9） Special agreement of the general meeting of fund share holders during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the proportion of relevant fund units or voting rights refers to the main pocket unit holders and side pocket units
The fund units or voting rights held or represented by the holders respectively meet these proportions, but if the general meeting of relevant fund unit holders calls
If the collection and deliberation items do not involve side pocket accounts, they only refer to the fund shares or voting rights held or represented by the holders of main pocket units
Combine these proportions.
1. Fund share holders need to represent 10% of the relevant fund shares individually or collectively when exercising the right to propose, convene and nominate
Above (including 10%).
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than the relevant funds of the Fund on the equity registration date
One half (including one half) of the gold share.
3. Held by fund share holders who directly issue voting opinions or authorize others to issue voting opinions on behalf of those who hold correspondence meetings
Some fund units are not less than half (including half) of the relevant fund units on the equity registration date.
4. The fund units held by fund unit holders who vote at the general meeting of fund unit holders are less than those held in Quanyideng
One half of the relevant fund units on the record date, 3 months after the convener held the fund unit holders' meeting as originally announced
More than one third of the representatives shall be present at the fund unit holders' meeting reconvened within six months thereafter on the matters originally scheduled for consideration
(Including one third) The holders of relevant fund units participate in or authorize others to participate in the voting of the general meeting of fund unit holders.
5. The on-site meeting shall be selected by more than 50% (including 50%) of the voting rights held by the fund share holders and agents attending the meeting
One Fund Unitholder shall be elected as the chairperson of the meeting of Fund Unitholders.
6. General resolutions shall be subject to more than half of the voting rights held by fund share holders or their agents attending the meeting (including
One half).
7. Special resolutions shall be subject to more than two-thirds of the voting rights held by fund share holders or their agents attending the meeting
(Two thirds included) passed.
Each fund share in the same main side pocket account has equal voting rights.
（10） This part provides rules on the causes, conditions, procedures and voting conditions of the general meeting of fund share holders
Yes, any part that directly refers to laws and regulations or regulatory rules, such as the relevant
In case of cancellation or change, the Fund Manager and the Fund Custodian may directly report the contents of this part after reaching an agreement through consultation and making an announcement in advance
It is unnecessary to hold a general meeting of fund share holders to review the amendments and adjustments.
3、 Fund income distribution principle and implementation method
（1） Composition of fund profits
Fund profit refers to the fund interest income, investment income, income from changes in fair value and other income after deducting relevant expenses
Balance: The realized income of the fund refers to the balance of the fund profit minus the income from changes in fair value.
（2） Profit available for distribution of the fund
Profit available for distribution of the fund refers to the realized income in the undistributed profit and undistributed profit of the fund as of the base date of income distribution
Whichever is lower.
（3） Principle of fund income distribution
1. On the premise of meeting the conditions for fund dividends, the fund manager can distribute the income according to the actual situation,
The specific distribution plan shall be subject to the announcement. If the Fund Contract takes effect less than 3 months ago, no income distribution is required.
2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash dividends or
Cash dividends are automatically converted into fund shares for reinvestment; If the investor does not choose, the default income distribution method of the Fund is now
Gold dividend; If the investor chooses dividend reinvestment for income distribution, the income shall be calculated after the closing of the day of ex right
The net value of all types of fund units shall be transferred to the corresponding types of fund units for reinvestment. Fund shares held by investors
(Original shares) The holding period of the dividend reinvested shares obtained shall be calculated according to the holding period of the original shares.
3. After the distribution of fund income, the net value of fund units cannot be lower than the par value; That is, all kinds of funds on the base date of fund income distribution
The net amount minus the amount of income distribution per unit of such fund units cannot be lower than the par value.
4. Each fund unit of the same category of the Fund shall enjoy the same distribution right. Due to the collection of various fund units of the Fund
The distributable profits corresponding to each fund share category will be different due to different expenses.
5. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
On the premise of complying with laws and regulations and the fund contract, and having no material adverse impact on the interests of fund share holders,
After reaching consensus with the Fund Custodian, the Fund Manager may adjust the distribution principle and payment method of the Fund's income without the need to
Convene a general meeting of fund share holders.
（4） Income distribution scheme
The fund income distribution plan shall specify the distributable profits as of the base date of income distribution, the objects of fund income distribution
Distribution time, distribution amount and proportion, distribution method, etc. Because the distributable income corresponding to different fund share categories is not
Similarly, the Fund Manager may formulate different income distribution plans accordingly.
（5） Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian in accordance with the Information Disclosure Measures
The relevant provisions of shall be announced in the specified media.
（6） Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. Cash as investor
When the dividend is less than a certain amount and is insufficient to pay the bank transfer or other handling fees, the fund registration authority may hold
The cash dividend of someone will be automatically converted into the corresponding fund shares. The calculation method of dividend reinvestment shall be in accordance with the Business Rules
Execution.
（7） Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not carry out income distribution, as detailed in the prospectus.
4、 Withdrawal, payment method and proportion of expenses related to fund property management and utilization
（1） Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Sales service fee;
4. Information disclosure fees related to the Fund after the Fund Contract takes effect;
5. Accounting fees, attorney fees, legal fees and arbitration fees related to the Fund after the Fund Contract takes effect;
6. Expenses for the general meeting of fund share holders;
7. Securities and futures transaction expenses of the Fund;
8. Reasonable expenses arising from investment in Hong Kong stocks;
9. Bank transfer fees of the Fund;
10. Account opening fee and account maintenance fee;
11. Other expenses that may be disbursed from the Fund assets in accordance with the relevant provisions of the State and the Fund Contract.
（2） Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is accrued at an annual fee rate of 1.50% of the net asset value of the Fund on the previous day.
The management fee is calculated as follows:
H ＝ E × 1.50% ÷ days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
The fund management fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian in accordance with the
The manager checks the consistent financial data and automatically makes the fund payment according to the designated account path within five working days at the beginning of the next month,
The fund manager does not need to issue a capital transfer instruction.
2. Custody fees of the Fund Custodian
The custody fee of the Fund is accrued at the annual fee rate of 0.25% of the net asset value of the Fund on the previous day.
The custody fee is calculated as follows:
H ＝ E × 0.25% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
The fund custody fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian in accordance with the
The manager checks the consistent financial data and automatically makes the fund payment according to the designated account path within five working days at the beginning of the next month,
The fund manager does not need to issue a capital transfer instruction.
3. Sales service fee
There is no sales service fee for Class A fund units of the Fund, and the annual sales service rate for Class C fund units is 0.60%.
The calculation method of the sales service fee for Class C fund units of the Fund is as follows:
H=E × 0.60% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
The sales service fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. Through the Fund Manager and Fund Custodian
After verification, the Fund Custodian shall withdraw the funds from the Fund within the first 5 working days of the next month in the manner agreed with the Fund Manager
The property shall be paid to the fund manager in a lump sum and paid to each fund sales agency by the fund manager. In case of legal holidays
In case of public holidays or other force majeure, the payment date shall be postponed.
Items 4-11 of the above "(I) Types of fund fees" shall be paid according to the relevant regulations and corresponding agreements
The actual amount of expenses shall be included in the current expenses, which shall be paid by the Fund Custodian from the Fund assets.
（3） Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. The Fund Manager and the Fund Custodian fail to perform or fully perform their obligations, resulting in expenses or fund assets
Loss;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Other items that may not be included in the fund fees according to the relevant laws and regulations and the relevant provisions of the CSRC.
（4） Fund 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 should be subject to the side pocket account
The account can be disbursed only after the assets are realized, and the relevant fees can be charged or remitted as appropriate, but management fees cannot be charged. See the prospectus for details
The agreement of.
（5） Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations. Fund finance
The relevant taxes on investment shall be borne by the fund share holders, and the fund manager or other withholding agents shall be subject to the relevant provisions of the state
Withholding and remitting according to tax collection regulations.
5、 Investment direction and investment restrictions of the Fund assets
（1） Investment objectives
Under the premise of risk control, the Fund selects high-quality listed companies for investment, and strives to achieve long-term stability of fund assets
Health increases.
（2） Investment scope
The investment scope of the Fund is financial instruments with good liquidity, including stocks issued and listed in China according to law (including
GEM and other stocks and depositary receipts approved or registered for listing by the CSRC), and trading exchanges between mainland and Hong Kong stock markets
The stocks (hereinafter referred to as Hong Kong stocks), bonds (including
Including national debt, central bank bills, financial bonds, local government bonds, corporate bonds, corporate bonds, medium-term notes, short-term financing bonds, and ultra short
Long term financing bonds, subordinated bonds, government backed bonds, convertible bonds, exchangeable bonds, separable trading convertible bonds and other convertible bonds
Securities permitted by the CSRC), derivatives (including stock index futures, treasury bond futures, stock options, credit derivatives)
Money market instruments, bank deposits (including negotiated deposits, time deposits and other bank deposits), interbank deposit receipts, asset support
Securities, bond repurchases and other financial instruments permitted by laws and regulations or the CSRC for fund investment. The Fund may
Participate in financing business in accordance with relevant laws and regulations.
If laws and regulations or regulatory authorities allow the Fund to invest in other varieties in the future, the Fund Manager may, after performing appropriate procedures
To include it in the scope of investment.
The proportion of the Fund's investment portfolio is: stock assets account for 60% - 95% of the Fund's assets (including stocks invested in Hong Kong stocks
The proportion of the Fund shall not exceed 50% of the equity assets invested by the Fund). At the end of each trading day, after deducting treasury bond futures and stock index
After the trading margin required to be paid for futures and stock option contracts, the Fund holds cash or has a maturity of less than one year
Government bonds shall not be less than 5% of the net asset value of the fund, of which cash does not include settlement provisions, deposits and subscription receivables
Etc.
（3） Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The proportion of the Fund's stock assets in the Fund's assets is 60% - 95%, of which the proportion invested in Hong Kong stocks is the general target stocks
For example, it shall not exceed 50% of the equity assets invested by the Fund.
(2) At the end of each trading day, the Fund deducts the transactions required to pay for treasury bond futures, stock index futures and stock option contracts
After the deposit, keep no less than 5% of the net asset value of the fund in cash or government bonds with a maturity of less than one year, of which,
Cash does not include provisions for settlement, deposits and subscription receivables.
(3) The Fund holds securities issued by a company (A+H shares of the same company listed in both the Mainland and Hong Kong
And calculated), and its market value shall 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 (the same company in the Mainland and Hong Kong
A+H shares listed in Hong Kong at the same time), not more than 10% of the securities; Fully follow the composition proportion of relevant indexes
The types of funds invested in securities may not be subject to the proportion restrictions prescribed in this article.
(5) The Fund shall comply with the following investment restrictions when investing in asset-backed securities:
① The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10%；
② The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
③ The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed that of the asset-backed certificate
10% of the coupon size;
④ All funds managed by the Fund Manager shall invest in all kinds of asset-backed securities of the same original equity holder, and shall not exceed
10% of the total size of its various asset-backed securities;
⑤ The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB). Assets held by the fund
During the period of supporting securities, if its credit rating declines and no longer meets the investment standards, it shall be 3 months from the date of the rating report
All of them will be sold.
(6) Fund assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total assets of the Fund
The number of shares declared by the Exchange shall not exceed the total number of shares issued by the company to be issued this time.
(7) The proportion limit of the Fund's investment in depositary receipts shall be subject to the shares listed and traded in China
The shares are consolidated.
(8) When participating in the trading of treasury bond futures and stock index futures, the Fund shall comply with the following investment proportion restrictions:
① At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not exceed the net asset value of the Fund
15%； At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed the total amount of bonds held by the Fund
30% of the market value; The trading amount of treasury bond futures contracts traded by the Fund on any trading day (excluding closing positions) shall not exceed
30% of the net asset value of the Fund on the previous trading day;
② At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed the net asset value of the Fund
10%； At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed the total shares held by the Fund
20% of the market value; The trading amount of stock index futures contracts traded by the Fund on any trading day (excluding closing positions) shall not exceed
20% of the net asset value of the Fund on the previous trading day;
③ The value of treasury bond futures and stock index futures contracts held by the Fund at the end of any trading day and the market value of securities
The sum of the total shall not exceed 95% of the net asset value of the fund, of which, the marketable securities refer to stocks and bonds (excluding those whose maturity is less than
Government bonds), asset-backed securities, redemptory financial assets for sale (excluding pledge repurchase), etc;
④ Market value of bonds held by the Fund (excluding government bonds with a maturity of less than one year) and maturity of bonds purchased and sold abroad
The total value of the bond contract (calculated by netting) shall comply with the relevant provisions of the fund contract on the proportion of bond investment;
⑤ The total (netting calculation) of the market value of the stocks held by the Fund and the value of the stock index futures contracts purchased and sold shall be consistent with
Relevant provisions on the proportion of stock investment in the mutual fund contract.
(9) When participating in stock option trading, the Fund shall comply with the following investment proportion restrictions:
① The total amount of premium paid and received due to open position option contracts shall not exceed 10% of the net asset value of the Fund;
② Those who open positions to sell call options shall hold sufficient underlying securities; Where a put option is sold, the contract exercise shall be held
The required full amount of cash or cash equivalents recognized by the rules of the Exchange that can offset the option margin;
③ The par value of the open position option contract shall not exceed 20% of the net asset value of the fund. Wherein, the nominal value of the contract is multiplied by the exercise price
Calculated by contract multiplier;
④ The investment of the Fund complies with the proportion limit (such as stock position, proportion of individual shares, etc.), investment objectives and
Risk return characteristics.
(10) The Fund's participation in credit derivatives transactions shall comply with the following investment proportion restrictions:
① The Fund does not hold credit derivatives with the attribute of credit protection seller, nor does it hold contractual credit derivatives;
② The nominal principal of credit derivatives held by the Fund shall not exceed 100% of the face value of the corresponding protected bonds in the Fund;
③ The Fund invests in various credit derivatives of the same credit protection seller, and the total nominal principal shall not exceed the fund assets
10% of net worth;
Due to factors other than fund managers, such as fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size, etc
If the fund does not comply with the aforesaid proportion limit, the fund manager shall make adjustment within three months.
(11) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund.
(12) The maximum term for the Fund to enter the national inter-bank market for bond repurchase is one year, and the bond repurchase is due
No extension is allowed later.
(13) Financing stocks and other securities held by the Fund at the end of any trading day when participating in financing business
The sum of market values shall not exceed 95% of the net asset value of the Fund.
(14) All open-ended funds managed by the Fund Manager shall not hold tradable shares issued by a listed company
More than 15% of the tradable shares of the listed company; All investment portfolios managed by the Fund Manager are issued by a listed company
The tradable shares of the listed company shall not exceed 30% of the tradable shares of the listed company; Fully follow the composition proportion of relevant indexes
Open ended funds investing in securities and special investment portfolios recognized by the CSRC may not be subject to the above proportion restrictions.
(15) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed 15% of the Fund's net asset value;
Discrepancy of funds due to factors other than fund managers, such as fluctuations in the securities market, stock suspension of listed companies, changes in fund size, etc
If the proportion limit is met, the fund manager shall not actively increase the investment of liquidity restricted assets.
(16) The Fund, private equity securities asset management products and other entities identified by the CSRC carry out reverse return for counterparties
In case of purchase transaction, the qualification requirements for acceptable collateral shall be consistent with the investment scope agreed in the fund contract.
(17) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
Unless otherwise specified in (2), (5), ⑤, (10), (15) and (16) above and in the above terms
Market fluctuations, futures market fluctuations, mergers of listed companies, fund size changes and other factors outside the fund manager cause the fund
If the investment proportion does not conform to the above stipulated investment proportion, the fund manager shall make adjustment within 10 trading days, but China
Except for special circumstances stipulated by the CSRC. 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 Agreement, make the proportion of the Fund's investment portfolio conform to the Fund Agreement
Relevant agreements of. During the above period, the investment scope and investment strategy of the Fund shall comply with the provisions of the Fund Contract. fund
The Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of the Fund Contract.
Laws and regulations or regulatory authorities cancel or change the above restrictions. If applicable to the Fund, the Fund Manager is performing
After proper procedures have been carried out, the investment of the Fund will no longer be subject to relevant restrictions or the changed provisions, but it must be announced in advance, without the need to
It shall be reviewed by the general meeting of fund share holders.
2. Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund assets to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders, actual controllers or
Securities issued or underwritten during the underwriting period by a company that has a major interest with it, or other major related transactions
If it is easy, it shall comply with the investment objectives and strategies of the Fund, follow the principle of giving priority to the interests of fund share holders, and guard against interests
Conflict, establish and improve the internal approval mechanism and evaluation mechanism, and implement according to fair and reasonable market prices. Relevant transactions must be carried out in advance
Obtain the consent of the Fund Custodian and disclose in accordance with laws and regulations. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review
And passed by more than two-thirds of the independent directors. The Board of Directors of the Fund Manager shall, at least half a year
Review.
If laws, administrative regulations or regulatory authorities cancel or adjust the above prohibitive provisions, the Fund may not be subject to the above provisions
Limit or follow the adjusted regulations.
6、 Calculation method and announcement method of fund net asset value
（1） Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
（2） Net fund value information
After the Fund Contract comes into force, the Fund Manager shall, at least weekly
Disclose the net value of fund units and the cumulative net value of fund units once on the specified website.
After starting to handle the subscription or redemption of fund units, the fund manager shall notify
Disclose the net value of fund units and the accumulated net value of fund units on the opening day through the specified website, fund sales agency website or business outlet
Value.
The Fund Manager shall disclose the semi annual and annual information on the prescribed website no later than the next day after the last day of the semi annual and annual information
Net value of fund units and cumulative net value of fund units on the last day.
7、 Causes and procedures for the dissolution and termination of the Fund contract and the liquidation method of the Fund assets
（1） Changes to the Fund Contract
1. The change of the fund contract involving the provisions of laws and regulations or the fund contract shall be approved by the resolution of the general meeting of fund share holders
A resolution shall be passed at a general meeting of fund share holders. For the provisions of laws and regulations and the fund contract
The matters approved by the general meeting of fund unit holders shall be changed and announced after the consent of the fund manager and the fund custodian, and shall be reported to
Recorded by China Securities Regulatory Commission.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall not be implemented until it takes effect, and the resolution shall take effect
Announce in the specified media within the next two days.
（2） Reasons for Termination of the Fund Contract
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the fund manager and the fund custodian are terminated, and there are no new fund managers or new fund custodians within 6 months
Undertaken;
3. Other circumstances stipulated in the Fund Contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
（3） Liquidation of fund assets
1. Fund asset liquidation team: establish the fund asset within 30 working days from the date of termination of the Fund Agreement
The asset liquidation group, the fund manager or the temporary fund manager shall organize the asset liquidation group under the supervision of the CSRC
Conduct fund liquidation.
2. Before the Fund assets liquidation team takes over the Fund assets, the Fund Manager and the Fund Custodian shall
Continue to perform the responsibility of protecting the security of the Fund's assets in accordance with the provisions of the Trust Agreement and the Trust Agreement.
3. Composition of the fund assets liquidation group: the members of the fund assets liquidation group are the fund manager or the temporary fund manager
The Fund Custodian, certified public accountants and lawyers meeting the requirements of the Securities Law, and personnel designated by the CSRC. base
The gold property 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 and change of the Fund assets
Present 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 issue the liquidation report
Legal opinion;
(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 it cannot be timely because the liquidity of the securities held by the Fund is restricted
In case of liquidation, 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 group of the fund assets shall give priority to the payment from the remaining assets of the fund.
（5） Distribution of residual assets in the liquidation of fund assets
In accordance with the distribution plan for the liquidation of the Fund assets, all remaining assets after the liquidation of the Fund assets shall be deducted from the liquidation fees of the Fund assets
After paying the taxes owed and paying off the fund debts, the fund shall be distributed in proportion to the fund units held by the fund unit holders.
（6） Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The fund assets liquidation report has been approved by the
The accounting firm shall audit and the law firm shall issue a legal opinion, which shall be reported to the CSRC for filing and announcement. Fund asset liquidation
The announcement shall be made by the Fund Assets Liquidation Team within 5 working days after the Fund Assets Liquidation Report is submitted to the CSRC for filing.
（7） Preservation of fund assets liquidation books and documents
The fund asset liquidation account book and relevant documents shall be kept by the fund custodian for a period not less than the minimum period prescribed by laws and regulations
Years.
8、 Dispute resolution
The parties agree that all disputes arising from or in connection with the Fund Contract, such as
If no settlement can be reached through good negotiation, the dispute shall be submitted to the China International Economic and Trade Arbitration Commission, which shall proceed in accordance with the Commission's arbitration rules in force at the time
The arbitration shall be conducted in Beijing, and the arbitration award shall be final and binding on all parties. Unless the arbitration award
The arbitration fee shall be borne by the losing party.
During the dispute settlement period, the parties to the Fund Contract shall abide by their respective responsibilities and continue to perform faithfully, diligently and responsibly
The obligations specified in the fund contract and the custody agreement shall safeguard the legitimate rights and interests of fund unit holders.
The Fund Contract is governed by the laws of China (for the purpose of this Fund Contract, excluding Hong Kong Special Administrative Region and Macao Special Administrative Region
And Taiwan laws).
9、 Depository of fund contracts and ways for investors to obtain fund contracts
The Fund Contract can be printed in a volume for investors to use in the office of the Fund Manager, Fund Custodian and Sales Agency
And business premises.