CCB Fund Management Co., Ltd
CCB Kaiyuan Jinxiang 6-month holding period bond
Sponsored securities investment fund
Fund contract
Fund manager: CCB Fund Management Co., Ltd
Fund Custodian: China Merchants Bank Co., Ltd
March, 2014
catalog
Part I Preface one
Part II Definition four
Part III Basic Information of the Fund eleven
Part IV Sale of Fund Units thirteen
Part V Fund Filing fifteen
Part VI Subscription and Redemption of Fund Units seventeen
Part VII Parties to the Fund Contract and Their Rights and Obligations twenty-seven
Part VIII General Meeting of Fund Unitholders thirty-five
Part IX Conditions and Procedures for Replacement of Fund Manager and Fund Custodian forty-four
Part X Custody of the Fund forty-seven
Part XI Registration of Fund Units forty-eight
Part XII Investment of the Fund fifty
Part XIII Assets of the Fund sixty-one
Part XIV Valuation of Fund Assets sixty-two
Part XV Fund Fees and Taxes seventy
Part XVI Income and Distribution of the Fund seventy-three
Part XVII Accounting and Audit of the Fund seventy-five
Part XVIII Information Disclosure of the Fund seventy-six
Part XIX Change and Termination of the Fund Contract and Liquidation of the Fund Assets eighty-four
Part XX Liability for Breach of Contract eighty-six
Part XXI Dispute Settlement and Applicable Law eighty-seven
Part XXII Effectiveness of the Fund Contract eighty-eight
Part XXIII Other Matters eighty-nine
Part XXIV Summary of Fund Contract ninety
Part I Preface
1、 Purpose, Basis and Principle of the Fund Contract
1. The purpose of entering into this Fund Contract is to protect the legitimate rights and interests of investors and clarify the
Rights and obligations, standardize fund operation.
2. The Fund Contract is concluded on the basis of the Civil Code of the People's Republic of China
Securities Investment Fund Law (hereinafter referred to as "the Fund Law"), Operation Management Office of Publicly Offered Securities Investment Funds
Law of the People's Republic of China (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 "Sales Measures"), Administrative Measures for Information Disclosure of Publicly Offered Securities Investment Funds (hereinafter referred to as "the Measures")
Referred to as "Information Disclosure Measures"), "Provisions on the Management of Liquidity Risk of Publicly Offered Open ended Securities Investment Funds"
(hereinafter referred to as "Liquidity Risk Management Regulations") and other relevant laws and regulations.
3. The principle of entering into this Fund Contract is equality, voluntariness, honesty and credibility, and full protection of the legal rights of investors
Benefits.
2、 The fund contract is the basic legal document that stipulates the rights and obligations between the parties to the fund contract
Any document or statement relating to the rights and obligations of the parties to the fund contract related to the fund, such as
In case of any conflict in the fund contract, the fund contract shall prevail. The parties to the fund contract shall comply with the Fund Law and the fund contract
And other relevant provisions.
The parties to a fund contract include the fund manager, the fund custodian and the fund unit holders. Fund investment
The investor shall become the fund share holder and a party to the fund contract when he obtains the fund shares in accordance with the fund contract
The behavior of holding fund shares itself indicates its recognition and acceptance of the fund contract.
3、 CCB Kaiyuan Jinxiang 6-month holding period bond sponsored securities investment fund is subject to
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 "CSRC").
The registration of the Fund raised by the CSRC does not indicate the investment value of the Fund
It does not mean that there is no risk in investing in the Fund when the Fund makes substantive judgments or guarantees by the Fund and the income.
The Fund Manager shall manage and use the Fund assets in accordance with the principles of due diligence, honesty, prudence and diligence,
However, there is no guarantee that investment in the Fund will be profitable, nor will there be any guarantee of minimum return.
Investors should carefully read the fund prospectus, fund contract, fund product information summary and other information
Disclose documents, judge the investment value of the fund independently, make investment decisions independently, and bear investment risks independently.
4、 The Fund Manager and the Fund Custodian disclose information related to the Fund outside the Fund Contract
If the content involves defining the rights and obligations between the parties to the fund contract, in case of conflict with the fund contract
The contract shall prevail.
5、 The Fund is established and operated in accordance with Chinese laws and regulations
If the mandatory provisions of laws and regulations are inconsistent, the provisions of the then effective laws and regulations shall prevail.
6、 The minimum holding period for each subscribed, subscribed or converted fund unit is 6 months, and the minimum holding period is
During the short holding period, fund unit holders cannot apply for redemption or conversion transfer out, and the expiration date of the shortest holding period and
After that, the fund unit holders can apply for redemption or conversion. Therefore, fund share holders face
The risk of failing to redeem or convert the transferred fund units within the shortest holding period.
7、 If the fund assets of the Fund are invested in Hong Kong stocks, they will meet with the Hong Kong Stock Connect mechanism due to the investment environment
Unique risks brought about by differences in capital targets, market systems and trading rules, including fluctuations in the share price of the Hong Kong stock market
Relatively high risk (Hong Kong stock market implements T+0 reverse trading, and there is no limit on the rise and fall of individual stocks
It may show more violent stock price fluctuation than A-share), exchange rate risk (exchange rate fluctuation may affect the investment of the fund
Losses caused by capital gains), possible risks caused by inconsistent trading days under the Hong Kong Stock Connect mechanism (market opening in the Mainland
When Hong Kong is closed, the Hong Kong Stock Connect cannot be traded normally, and Hong Kong shares cannot be sold in time, which may bring some flow
Dynamic risk), etc. The specific risks of the Fund's investment in Hong Kong stocks are detailed in the "Risk Disclosure" chapter of the Prospectus
Section.
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 integrate some
Fund assets are invested in Hong Kong stocks or choose not to invest in Hong Kong stocks. Fund assets are not necessarily invested in Hong Kong
Shares.
9、 To hedge credit risk, the Fund may invest in credit derivatives, which can
Be able to face liquidity risk, repayment risk and price fluctuation risk.
10、 A single investor of the Fund or multiple investors constituting a person acting in concert (fund manager
The number of fund shares held by the senior manager or fund manager of the fund manager is not
May reach or exceed 50% of the total number of fund units, but due to redemption of fund units during fund operation
Except for those that result in passivity reaching or exceeding 50%. If laws, regulations and regulatory authorities have other provisions, such provisions shall prevail.
11、 The Fund Unitholders promise that the source of funds invested in the Fund is legal, and they will not use the Fund to open
Launching money laundering, terrorist financing and other illegal and criminal activities; Commitments are not listed or included in the UN Security Council resolutions
The list of terrorist organizations and terrorists released or required to be implemented by the Chinese government, and the number of individuals in the sanctions list
Person or organization; Commit not to belong to the individuals or organizations in the anti list issued by the Chinese government.
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 CCB Kaiyuan Jinxiang 6-month holding period bond sponsored securities investment fund
gold
2. Fund manager: refers to CCB Fund Management Co., Ltd
3. Fund Custodian: China Merchants Bank Co., Ltd
4. Fund contract or this fund contract: refer to the "CCB Kaiyuan Gold Share 6-month holding period bond type initiative"
Securities Investment Fund Contract and any effective amendments and supplements to the Fund Contract
5. Custody Agreement: refers to the "CCB Kaiyuan Financial Share" signed between the Fund Manager and the Fund Custodian for the Fund
Custody Agreement for 6-month Bond Sponsored Securities Investment Fund and any validity of the Custody Agreement
Amendments and supplements
6. Prospectus: refers to "CCB Kaiyuan Jinxiang 6-month holding period bond sponsored securities investment base"
Golden Prospectus and its regular updates
7. Summary of fund product information: refer to "CCB Kaiyuan Jinxiang 6-month holding period bond sponsored securities"
Summary of Investment Fund Product Information and its updates
8. Announcement on the sale of fund units: refer to the "CCB Kaiyuan Gold Enjoying 6-month Bond Sponsored Securities"
Announcement on Sale of Investment Fund Units
9. Laws and regulations: refer to the laws, administrative regulations, normative documents
Judicial interpretations, administrative rules and other decisions, resolutions and notices that are binding on the parties to the fund contract
10. Fund Law: refers to the Standing Committee of the Tenth National People's Congress
Adopted at the fifth session of the NPC and approved by the Standing Committee of the Eleventh National People's Congress on December 28, 2012
Revised at the 30th meeting of the meeting, implemented since June 1, 2013
The 14th Meeting of the Standing Committee of the Second National People's Congress
Decision of the People's Republic of China on Amending Seven Laws Including the Port Law of the People's Republic of China
Securities Investment Fund Law of the People's Republic of China and amendments made by the promulgating authority from time to time
11. Sales Measures: promulgated by the CSRC on August 28, 2020 and implemented on October 1 of the same year
The Measures for the Supervision and Administration of Publicly Offered Securities Investment Fund Sales Agencies issued by the Ministry of Finance and the promulgating authority from time to time
Revision of
12. Information Disclosure Measures: promulgated by the CSRC on July 26, 2019, and September 1, the same year
Implemented on March 20, 2020, and approved by the Decision of the CSRC on Amending Some Securities and Futures Regulations on March 20, 2020
The Administrative Measures for Information Disclosure of Publicly Offered Securities Investment Funds as amended by the Decision of the Ministry of Finance of the People's Republic of China
Revision issued
13. Operation Measures: promulgated by the CSRC on July 7, 2014 and implemented on August 8 of the same year
Management Measures for the Operation of Publicly Offered Securities Investment Funds and amendments made by the promulgating authority from time to time
14. Liquidity Risk Management Regulations: promulgated by the CSRC on August 31, 2017, the same year
Provisions on Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds implemented on October 1 and promulgated
As amended from time to time by the Authority
15. China Securities Regulatory Commission: China Securities Regulatory Commission
16. Banking regulatory authority: refers to the People's Bank of China and/or the State Administration of Financial Supervision and Administration
17. Parties to the Fund Contract: refer to those who are bound by the Fund Contract and enjoy rights and assume obligations under the Fund Contract
The legal subjects of the Fund, including the Fund Manager, the Fund Custodian and the Fund Unitholders
18. Individual investor: refers to a natural person who can invest in securities investment funds according to relevant laws and regulations
19. Institutional investors: refer to those who can invest in securities investment funds according to law and are located in the People's Republic of China
Enterprise legal person, public institution legal person and society legally registered and existing or established and existing with the approval of relevant government departments
Groups or other organizations
20. Qualified foreign investors: refer to those who use funds from abroad in accordance with relevant laws and regulations
Foreign institutional investors investing in domestic securities and futures, including qualified foreign institutional investors and RMB qualified overseas investors
institutional investor
21. Investors, investors: individual investors, institutional investors, qualified foreign investors, sponsors
The fund provider and other investors allowed by laws and regulations or the CSRC to purchase securities investment funds
Collectively. The Fund Manager has the right to further limit or adjust the scope of the sales target
See the prospectus and relevant announcements issued by the fund manager at that time
22. Promoter Fund: refers to the fund raised in accordance with the relevant conditions specified by the CSRC, such as the Operation Measures,
The fund manager, the shareholders of the fund manager, the senior managers of the fund manager, the fund manager, etc
A securities investment fund that promises to subscribe for a certain amount and hold it for a certain period
23. Originating capital: refers to the shareholder's capital used for subscribing to the initiating fund and the capital comes from the fund manager
The fund manager's own funds, funds of the fund manager's senior managers or fund managers and other personnel
24. Originating fund provider: refers to the institution or person providing funds for subscribing to the initiating fund, including
Fund manager, fund manager shareholders, senior managers or fund managers
25. Fund share holder: refers to the investment legally obtained from fund shares in accordance with the fund contract and prospectus
people
26. Fund sales business: refers to the promotion of funds and the sale of fund shares by fund managers or sales agencies,
To handle the subscription, redemption, conversion, re custody and fixed investment of fund units.
27. Sales agency: refers to CCB Fund Management Co., Ltd. and conforms to the Sales Measures and China
Other conditions stipulated by the CSRC, obtaining the qualification for fund sales business and signing a fund sales contract with the fund manager
Service agreement, the institution handling fund sales business
28. Registration business: refers to fund registration, custody, transfer, clearing and settlement business, including
Establishment and management of investor's fund account, registration of fund shares, confirmation, liquidation and settlement of fund sales business
Calculate and distribute dividends on behalf of others, establish and keep the register of fund share holders and handle non trading transfer, etc
29. Registration agency: refers to the agency that handles registration business. The registration authority of the fund is CCB Fund Management Co., Ltd
Limited liability company or institution entrusted by CCB Fund Management Co., Ltd. to handle registration business
30. Fund account: refers to the fund manager's account opened by the registration institution for investors, which records their holdings
Account for the balance of fund units under management and their changes
31. Fund transaction account: it refers to the account opened by the sales agency for the investor to record the investor's passing through the sales machine
Fund shares arising from the organization's handling of subscription, subscription, redemption, conversion, custody transfer, fixed investment and other businesses
Accounts for changes in amounts and balances
32. The effective date of the fund contract: means that the fund raising meets the conditions stipulated by laws and regulations and the fund contract,
The fund manager has completed the fund filing formalities with the CSRC and obtained the written confirmation of the CSRC
date
33. The termination date of the fund contract refers to the date when the fund contract is terminated as specified in the fund contract
The date on which the liquidation results are reported to the CSRC for filing and announcement after the completion of liquidation
34. Fund raising period: refers to the period from the date of offering of fund units to the date of closing the offering, the longest
Not more than 3 months
35. Duration: refers to the indefinite period between the effectiveness and termination of the fund contract
36. Minimum holding period: refers to the effective date of the fund contract (for subscription units, the same below), fund units
Subscription confirmation date (for subscription units, the same below) or confirmation date of fund unit conversion transfer (for conversion transfer
From the effective date of the fund contract, the confirmation date of the subscription of fund units or the conversion of fund units
The monthly counterpart 6 months after the confirmation date of the transfer in (that is, the expiration date of the shortest holding period. If the monthly counterpart does not exist
If the date is due, it shall be postponed to the next working day of the last day of the corresponding month. If the day of the month is non work
The working day shall be postponed to the next working day). For each fund share, the fund manager only
After the expiration date of the short holding period (including that date), redeem the corresponding fund units for the fund unit holders. Because not
Force majeure or other circumstances agreed in the fund contract make the fund manager unable to hold the fund shares at the shortest time
If the redemption business of the fund units is opened on time on the maturity date, the shortest holding period of the fund units expires
Date shall be postponed to the next day from the date of elimination of the influence factors of force majeure or other circumstances as agreed in the fund contract
working day
37. Working day: refers to the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange
38. T day: refers to the day when the sales agency accepts the investor's application for subscription, redemption or other business within the specified time
open house
39. T+n day: refers to the nth working day from T day (excluding T day)
40. Open day: refers to the working day for investors to handle the subscription, redemption or other business of fund units, but
If the Fund participates in the trading of Hong Kong Stock Connect and the working day is not a trading day of Hong Kong Stock Connect, the Fund Manager may
The actual situation determines whether the Fund will open the subscription, redemption and conversion business, which will be specifically determined by the public security
The notice shall prevail
41. Opening Hours: refers to the time period during which the fund accepts subscription, redemption or other transactions on the open day
42. Business Rules: refer to the Open ended Fund Business Rules of CCB Fund Management Co., Ltd,
It is a business rule regulating the registration of open-ended securities investment funds managed by the fund manager, and is managed by the fund
Both the manager and the investor shall abide by
43. Subscription: during the fund raising period, investors apply for
Please purchase fund shares
44. Subscription: after the Fund Contract comes into effect, investors apply for
Please purchase fund shares
45. Redemption: refers to that after the Fund Contract comes into effect, the Fund Unitholders shall comply with the provisions of the Fund Contract and the Prospectus
The act of converting fund units into cash under specified conditions
46. Fund conversion: refers to the fund share holders' effective public funds in accordance with the Fund Agreement and the Fund Manager at that time
To apply for converting the fund units of a fund managed by the fund manager into
Behavior of other fund units managed by the fund manager
47. Transfer of custody: refers to the change place implemented by the Fund Unitholders between different sales agencies of the Fund
Operation of sales institutions holding fund units
48. Regular and quota investment plan: refers to the application submitted by the investor through the relevant sales agency and the agreement on each application
On the purchase date, the amount of deduction and the method of deduction, the sales agency shall, on the agreed deduction date of each period, place the amount of deduction in the bank account designated by the investor
An investment method for automatically completing deduction and accepting fund purchase applications in the account
49. Large redemption: refers to the net redemption application of the Fund on a single open day (the total number of redemption application units
Add the total number of transferred out application units in fund conversion and deduct the total number of subscription application units and transferred in in fund conversion
The balance after the total number of applied shares) exceeds 10% of the total fund shares on the previous open day
50. RMB: refers to RMB
51. Fund income: refers to dividend, dividend, bond interest, price difference of securities, silver
Savings on bank deposit interest, other legal income realized and costs and expenses arising from the use of fund assets
52. Fund profit: refers to fund interest income, investment income, income from changes in fair value and other income
Balance after deducting relevant expenses
53. Total value of fund assets: refers to the value of various securities and notes owned by the fund, securities investment funds
Total value of shares, principal and interest of bank deposits, funds receivable and subscription funds and other assets
54. Net Asset Value of the Fund: the value of the total asset value of the Fund minus the liabilities of the Fund
55. 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
56. Fund asset valuation: It refers to calculating and evaluating the value of fund assets and liabilities to determine the net value of fund assets
Value and net value of fund units
57. Regulated media: national reports for information disclosure that meet the conditions specified by the CSRC
Internet websites (including the website of the fund manager and the website of the fund custodian) specified in the Information Disclosure Measures
Website, CSRC fund electronic disclosure website) and other media
58. Hong Kong Stock Connect: refers to the domestic securities companies entrusted by the mainland investors and established through the domestic stock exchanges
A securities trading service company shall make a declaration to the Stock Exchange of Hong Kong, and purchase and sell the Hong Kong Stock Exchange within the specified scope
Exchange listed shares
59. Sales service fee: it refers to the amount withdrawn from the fund property for the marketing, sales and
Service fees for fund share holders
60. Liquidity restricted assets: refer to assets that cannot be used due to laws and regulations, supervision, contracts or operational barriers
Assets realized at a reasonable price, including but not limited to reverse repurchase with maturity of more than 10 trading days
Fixed deposits with banks (including bank deposits that are conditionally withdrawn in advance as agreed in the agreement), suspended shares, and negotiable securities
Limited new shares, non-public shares, asset-backed securities, inability to transfer due to the issuer's debt default, or
Traded bonds, etc
61. Swing pricing mechanism: when open-end funds are subject to large purchase and redemption, through adjusting the fund shares
In the form of net amount, the market shock cost of the fund's adjusted portfolio is allocated to the actual subscription and redemption investments
Investors, so as to reduce the adverse impact on the interests of stock fund share holders and ensure the legitimate rights and interests of investors
Be protected and treated fairly
62. Side pocket mechanism: refers to the separation of specific assets in the fund portfolio from the original account to a special
The purpose of account settlement is to effectively isolate and defuse risks and ensure that investors are treated fairly,
It is a liquidity risk management tool. During the implementation of the side pocket mechanism, the original account is called the main pocket account and the special account
The account is called side pocket account
63. Specific assets: including: (I) There is no active market price to refer to and the valuation technology is still adopted
Assets with significant uncertainty in fair value; （2） Measured at amortized cost and provision for asset impairment
Assets that still lead to significant uncertainty of asset value; （3） Significant inaccuracy in the value of other assets
Qualitative assets
64. Force majeure: refers to the objective that the parties to the Fund Contract cannot foresee, avoid and overcome
event
65. Class A fund units: refers to the subscription/subscription fees charged by investors when subscribing/subscribing but not from this category
Type of fund units for which sales service fees are accrued in other fund assets
66. Class C fund units: refers to the withdrawal of sales service fees from the fund assets of this class without subscription/
Fund unit type of subscription fee
67. Fund unit type: refers to different collection methods of subscription/purchase fees, sales service fees, etc
Divide the fund units of the Fund into different categories, set codes for each fund unit category and calculate them separately
And announced net value of fund units
68. 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 for
Credit derivatives for managing credit risk
69. Credit protection buyer: also called credit protection buyer, refers to the party receiving credit risk protection
70. Credit protection seller: also called credit protection provider, refers to the party providing credit risk protection
71. Nominal principal: also called transaction nominal principal, which refers to the provision of credit risk protection for a credit derivatives transaction
The amount of protection. All payments and settlements are based on this amount
Part III Basic Information of the Fund
1、 Fund name
CCB Kaiyuan Jinxiang 6-month holding period bond sponsored securities investment fund
2、 Category of fund
Bond securities investment fund
3、 Operation mode of the fund
Contractual and open
The Fund is open for subscription on every open day, but the shares transferred in by investors for each subscription, subscription or conversion
The amount is subject to the minimum holding period, which is 6 months. Fund share holders cannot
To apply for redemption or conversion transfer out, fund share holders can apply for redemption on or after the expiration date of the shortest holding period
Return or transfer out application.
4、 Investment objectives of the Fund
On the basis of strictly controlling risks and maintaining asset liquidity, strive to be realistic through proactive management
The long-term steady appreciation of current fund assets.
5、 Total minimum raised shares of the Fund
The minimum total number of units raised by the Fund is 10 million, and the minimum amount raised is 10 million yuan,
Among them, the fund manager's shareholder funds, the fund manager's own funds, and the fund manager's senior managers
Or the fund manager and other personnel shall subscribe to the initiation fund of no less than 10 million yuan, and the initiation fund subscription
The holding period of the fund units shall not be less than 3 years, and the senior managers or fund managers who subscribe for the units shall
In case of resignation within the above period, the commitment of holding period will not be affected. Laws and regulations or other regulations of the CSRC
Unless otherwise specified.
6、 Selling face value and subscription fees of fund units
The selling face value of the Fund units is RMB 1.00.
The specific subscription rate for Class A fund units of the Fund is subject to
Implementation of regulations. There is no subscription fee for Class C fund units.
7、 Duration of the Fund
Irregular
8、 Fund share category
According to the different collection methods of subscription/subscription fees, redemption fees and sales service fees, the Fund will
Gold shares are divided into different categories. When investors subscribe/subscribe, they charge subscription/subscription fees but not from this category
The fund assets that accrue sales service fees and charge redemption fees according to the holding period are called Class A
Fund shares; Withdraw sales service fees from fund assets of this category without charging subscription/purchase fees and redemption
If redemption fees are charged according to the holding period, they are called Class C fund units.
The codes of Class A and Class C fund units of the Fund are set respectively. Due to different fund fees, the Fund
Class A and Class C fund units will calculate the net value of fund units respectively, and the calculation formula is: a certain type of base on the calculation date
Net value of fund units=net value of fund assets of this type of fund units on the calculation date/the amount of fund units sold on the calculation date
Total number of class fund units.
Investors can choose the type of fund units to subscribe/subscribe for at their own discretion.
The Fund Manager shall determine the specific setting of the Fund unit categories and the rate level of the Fund, and
Announce in the prospectus.
The Fund Manager may, according to the actual operation of the Fund, have no material adverse effect on the interests of the Fund Unitholders
Under the circumstance of influence, new fund share categories will be added or a certain fund will be cancelled upon consensus with the fund custodian
The category of fund units, or the classification methods and rules of fund units are adjusted and announced, without the need to convene fund units
Deliberated by the general meeting of holders.
Part IV Sale of Fund Units
1、 The time, method and target of offering fund units
1. Sale time
The maximum period of time from the date of sale of fund units shall not exceed 3 months. See the specific time of sale of fund units
Notice.
2. Way of sale
It is publicly sold through the fund sales outlets of each sales agency. For the specific list of each sales agency, see the fund
The amount offering announcement and the website of the fund manager are publicized.
3. Target
Individual investors, institutional investors, contract investors who can invest in securities investment funds in accordance with laws and regulations
Foreign investors, sponsors, laws and regulations or the CSRC allow to purchase securities investment funds
Other investors of gold.
The fund manager has the right to further limit the scope of the offering objects. See the recruitment for specific offering objects
Written statement or relevant announcement.
2、 Subscription of Fund Units
1. Subscription fee
The subscription rate for Class A fund units of the Fund shall be determined by the Fund Manager and shall be included in the Prospectus
Listed in the summary of fund product information. The fund subscription fee shall not be included in the fund property. Class C fund units are not charged
Subscription Fee.
2. Treatment of interest during the raising period
The interest generated from the effective subscription funds during the raising period will be converted into fund units and returned to the fund unit holders
All, of which the interest transfer share shall be subject to the records of the registration authority.
3. Calculation of Fund Subscription Units
The specific calculation method of fund subscription units is listed in the prospectus.
4. Handling method of subscribed share balance
The calculation of subscribed shares shall be reserved to 2 decimal places, and the part after 2 decimal places shall be rounded off
The gains or losses arising from this error shall be borne by the fund property.
5. Confirmation of subscription application
The acceptance of the subscription application by the sales agency does not mean that the application is certain to be successful, but only means that the sales agency confirms that
Received the subscription application. The confirmation of the subscription application shall be subject to the confirmation result of the registration authority. For subscription application
And the confirmation of the subscribed shares. Investors shall timely inquire and properly exercise their legal rights.
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 may limit the minimum single subscription amount of each fund transaction account
Please refer to the prospectus or relevant announcements for body restrictions.
3. The Fund Manager may limit the cumulative subscription amount of a single investor during the offering period
Please refer to the prospectus or relevant announcements for body restrictions and handling methods.
4. If the cumulative number of fund units subscribed by a single investor of the Fund reaches or exceeds the total number of fund units
50%, the fund manager may limit the subscription application of the investor by means of proportion confirmation. base
The acceptance of a certain subscription application or some subscription applications by the fund manager may lead investors to evade the above 50% ratio in disguised form
If required, the Fund Manager has the right to reject all or part of such subscription applications. Fund shares subscribed by investors
The amount shall be subject to the confirmation of the registration authority after the fund contract takes effect.
5. Investors may subscribe for fund units several times during the raising period.
6. The Fund Manager may limit the upper limit of the Fund's raising scale, with specific restrictions and processing parties
Please refer to the prospectus or relevant announcements for details.
4、 Subscription of initiating funds
The amount subscribed by the fund's initiating fund shall not be less than 10 million yuan, and the fund units subscribed by the initiating fund
The holding period shall not be less than 3 years from the effective date of the fund contract, unless otherwise specified by laws and regulations or the CSRC
Outside.
Part V Fund Filing
1、 Conditions for Fund Filing
The total amount of units raised in the Fund shall not be less than 1000 within 3 months from the date of sale of the Fund units
10000 shares, and the fund raised amount is not less than 10 million yuan (including the subscription amount of the sponsor
Not less than 10 million yuan in total, and the holding period of the fund units subscribed by the initiator fund provider is from the fund
Not less than 3 years from the effective date of the contract), the fund raising period expires or the fund manager
The laws and regulations and the prospectus may decide to stop the sale of the fund and employ a statutory capital verification agency to verify the capital within 10 days,
The capital verification report shall specifically describe the originator and its fund shares
Within 10 days from the date of notification, go through the fund filing procedures with the CSRC.
If the fund raising meets the conditions for fund filing, the fund manager shall complete the fund filing procedures and obtain
The Fund Contract shall come into force from the date of written confirmation by the CSRC; Otherwise, the Fund Contract will not take effect. base
The Fund Manager shall announce the effectiveness of the Fund Contract on the next day after receiving the confirmation document from the CSRC.
The Fund Manager shall deposit the funds raised during the fund raising into a special account, and upon the completion of the fund raising
No one is allowed to use it.
2、 Handling method of raised funds when the fund contract fails to take effect
If the raising period expires and the fund filing conditions are not met, the fund manager shall bear the following responsibilities:
1. Bear the debts and expenses arising from the raising with its inherent property;
2. Return the funds paid by investors within 30 days after the expiration of the fund raising period, plus the bank
Current deposit interest;
3. If the fund raising fails, the fund manager, the fund custodian and the sales institution shall not request remuneration.
All expenses paid by the Fund Manager, the Fund Custodian and the Sales Agency for the Fund raising shall be borne by each party
Dan.
3、 Number of fund share holders and asset size within the duration of the fund
If the net asset value of the Fund is less than 200 million yuan on the corresponding date three years after the effectiveness of the Fund contract
The same shall be automatically terminated, and the term of the Fund Contract shall not be extended by convening a general meeting of Fund Unitholders.
If the Fund Contract continues to exist three years after it comes into effect, the fund shares held by
Where the number of persons is less than 200 or the net asset value of the fund is less than 50 million yuan, the fund manager shall
Disclosed in periodic reports; In case of the above situation for 50 consecutive working days, the Fund will automatically
The Fund assets are liquidated and terminated without the need to convene a general meeting of Fund Unitholders.
Laws and regulations or other provisions of the CSRC (including but not limited to laws and regulations or provisions of the CSRC
In case of change, the above provisions are cancelled, changed or supplemented), the 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 managed by the fund manager
Listed in the prospectus, other relevant announcements or the fund manager's website. The fund manager can
Change or increase or decrease of sales agencies, and publish on the fund manager's website. The fund investor shall handle the business in the sales agency
The business place for managing the fund sales business or handling the subscription of fund units in other ways provided by the sales agency
And redemption.
The Fund Manager has the right to further limit the scope of the sales target, see the Prospectus or the related
Guan Gongbao.
The Fund increases other sales agencies to sell the Fund and the sales agencies improve the range of sales targets
For one-step restriction, the specific sales target shall be subject to the regulations of the sales agency.
2、 Opening day and time of subscription and redemption
1. Open Day and Opening Hours
The investor shall handle the subscription and redemption of fund units on the open day, and the specific handling time is Shanghai Stock Exchange
If the Fund participates in the trading of Hong Kong Stock Connect and
If the working day is not a Hong Kong Stock Connect trading day, the Fund Manager may decide whether the Fund is open for application according to the actual situation
Purchase, redemption and conversion business shall be subject to the announcement issued in advance at that time. However, the Fund Manager
Except for the announcement of suspension of subscription and redemption as required by laws and regulations, the CSRC or the Fund Contract.
After the fund contract comes into effect, if there are new securities and futures trading markets, securities and futures exchanges
In case of time change or other special circumstances, the Fund Manager will, as the case may be, compare the aforesaid opening days and opening hours
Shall be adjusted, but shall be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation date.
2. Start date of subscription and redemption and business handling time
The Fund Manager shall handle the subscription within 3 months from the effective date of the Fund Agreement, and the specific business shall be handled
The processing time shall be specified in the announcement of subscription start.
The Fund sets a minimum holding period of 6 months for each fund unit. Within the minimum holding period, the fund management
People will not redeem investors' corresponding fund units. For each fund unit, the minimum holding period refers to
Effective date of fund contract (for subscription units, the same below), confirmation date of subscription of fund units (for subscription units
(the same below) or from the confirmation date of the transfer of fund units (the same below for the transferred units) to
Six months after the effective date of the fund contract, the confirmation date of subscription of fund units or the confirmation date of transfer of fund units
Degree matching date (i.e. the expiration date of the shortest holding period. If there is no corresponding date for the monthly matching date, it shall be postponed to the corresponding date
The next working day of the last day of the month. If the opposite day of the month is a non working day, it will be postponed to the next working day
Day). For each fund share, the fund manager will only
Day) to redeem corresponding fund units for fund unit holders.
The Fund Manager shall begin to redeem the subscribed shares after the expiration date of the minimum holding period (including that date),
The specific business handling time is specified in the announcement of redemption commencement.
After determining the start time of subscription and redemption, the Fund Manager shall, before the opening day of subscription and redemption
Announce the start time of subscription and redemption on the specified media according to the relevant provisions of the Information Disclosure Measures
Fund units can be redeemed from (including) the expiration date of the shortest holding period.
The fund manager may not handle the subscription of fund units
Redemption or conversion. The investor puts forward the subscription, redemption or conversion on a date and time other than that specified in the fund contract
If the application is made and the registration authority confirms to accept, the subscription and redemption price of the fund units shall be the next open day for such funds
The price of share subscription and redemption.
3、 Principles of subscription and redemption
1. The principle of "unknown price", that is, the subscription and redemption prices of various funds calculated after the closing of the application day
Calculate on the basis of net amount;
2. The principle of "amount subscription and share redemption", that is, 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, it is carried out in the order of investors' subscription and purchase
Ordinal redemption;
5. When handling subscription and redemption business, the principle of giving priority to the interests of fund unit holders shall be followed to ensure that
The legitimate rights and interests of investors shall not be damaged and shall be treated fairly.
The Fund Manager may adjust the above principles if permitted by laws and regulations. Fund manager
It must be announced on the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation of the new rules.
4、 Procedures for subscription and redemption
1. Application method for subscription and redemption
The investor must propose within the specific business handling time on the opening day according to the procedures specified by the sales agency
Application for subscription or redemption.
When submitting the application for subscription, the investor shall prepare sufficient subscription funds in the manner specified by the sales agency
Sufficient fund unit balance must be held when the redemption application is submitted, otherwise the submitted application for subscription and redemption will fail
stand.
2. Payment of subscription and redemption funds
When subscribing for fund units, the investor must pay the subscription amount in full within the specified time
Pay the subscription amount and the subscription is established; The subscription takes effect when the fund share registration authority confirms the fund share.
The redemption is established when the fund unit holder submits the redemption application; When the fund share registration institution confirms the redemption,
Redemption takes effect. After the investor's redemption application takes effect, the fund manager will disburse within T+7 days (including that day)
Pay the redemption money. In case of data transmission delay of stock exchange or trading market, communication system failure, bank data
Exchange system failure, Hong Kong Stock Connect trading system or Hong Kong Stock Connect capital settlement rules restrictions or other non fund managers
And the factors that can be controlled by the Fund Custodian affect the business process, the redemption amount shall be postponed to the above circumstances
The lost next working day shall be transferred out. In case of major redemption or deferred payment of redemption amount specified in the Fund Contract
The payment method shall refer to the relevant provisions of the Fund Contract.
3. Confirmation of application for subscription and redemption
The Fund Manager shall take the day when valid subscription and redemption applications are accepted before the end of trading hours as the day of subscription
Or the redemption application date (T day), under normal circumstances, the Fund's registration authority will
Validation. For the valid application submitted on T date, the investor shall timely submit the application after T+2 date (including that date)
Check the confirmation of the application at the counter of the sales outlet or in other ways specified by the sales agency. If the subscription fails
And the subscription amount will be returned to the investor.
The acceptance of the application for subscription and redemption by the sales agency does not mean that the application is necessarily successful, but only represents the sales
The institution has indeed received the application for subscription and redemption. The confirmation of application for subscription and redemption is based on the confirmation result of the registration authority
Shall prevail. Investors shall timely inquire about the confirmation of subscription and redemption applications and properly exercise their legal rights.
If the investors' relevant rights and interests are damaged due to their negligence in performing such obligations as the inquiry, the fund manager
The Fund Custodian and the Fund Sales Agency shall not bear any losses or adverse consequences arising therefrom.
When the Fund Manager can confirm the above application for subscription and redemption within the scope permitted by laws and regulations
And must, before the implementation date of the adjustment
Introduce the announcement.
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 each redemption
Please refer to the Prospectus or relevant announcements for the specific provisions of the minimum share returned.
2. The fund manager may specify the minimum fund unit balance of each fund transaction account of the investor, with
Please refer to the Prospectus or relevant announcements for specific regulations.
3. The fund manager may stipulate the upper limit of the fund units held by a single investor accumulatively. Please refer to
See the Prospectus or relevant announcements.
4. The Fund Manager may stipulate the upper limit of the total size of the Fund and the upper limit of the amount of subscription on that day
Please refer to the prospectus or relevant announcements.
5. The fund manager can specify the upper limit of the subscription amount of a single investor on that day. For details, please refer to the prospectus
Prospectus or relevant announcements.
6. When accepting the application for subscription has a potentially significant adverse impact on the interests of the holders of stock fund units,
The Fund Manager shall set the upper limit of the subscription amount of a single investor or the upper limit of the net subscription proportion of a single day of the Fund
Measures such as rejecting large amount subscription, suspending fund subscription, etc. shall be taken to effectively protect the legitimate rights and interests of holders of stock fund units.
The fund manager can take the above measures to control the fund size based on the needs of investment operation and risk control
System. See the relevant announcement of the Fund Manager for details.
7. The Fund Manager may adjust the above specified subscription amount and redemption if permitted by laws and regulations
The quantity limit of shares, etc. The fund manager must comply with the relevant provisions of the Information Disclosure Measures before the implementation of the adjustment
It is required to publish on the specified media.
6、 Purchase and redemption prices, fees and their uses
1. The calculation of the net value of various fund units of the Fund shall be reserved to 4 decimal places and the 5th decimal place
The fund assets shall bear the profits or losses arising therefrom. Net value of various fund units on T day
It shall be calculated after the closing of the day and announced within T+1 days. Under special circumstances, after performing appropriate procedures
Delay calculation or announcement as appropriate.
2. Calculation of subscription units and processing method of balance: For details of calculation of subscription units of the Fund, please refer to the recruitment statement
Clear book. The subscription rate of Class A fund units of the Fund shall be determined by the Fund Manager, and shall be recorded in the Prospectus and
Listed in the summary of fund product information. The effective share of subscription is the net subscription amount divided by the share of such fund on the current day
Net amount, effective unit is share, and the above calculation results are rounded to the decimal point
2, the income or loss arising therefrom shall be borne by the fund property.
3. Calculation and handling method of redemption amount: please refer to the Prospectus for the calculation of redemption amount of the Fund.
The redemption rate of the Fund is determined by the Fund Manager and listed in the Prospectus and the summary of fund product information
Shows. The redemption amount is the effective redemption unit actually confirmed multiplied by the net value of such fund unit on the day and deducted by
The unit of redemption amount is yuan. The above calculation results are rounded to the decimal point
The last two, the income or loss arising therefrom shall be borne by the fund property.
4. The subscription fees for Class A fund units of the Fund shall be borne by the investors who subscribe for Class A fund units of the Fund
Shall not be included in the fund assets. There is no subscription fee for Class C fund units.
5. Redemption expenses shall be borne by the fund unit holders who redeem the fund units
It is collected when the fund units are returned. The proportion of redemption expenses included in the fund property shall be set in accordance with relevant laws and regulations
See the prospectus. The part not included in the fund property is used to pay the registration fee and other necessary formalities
Fees.
6. The specific calculation method, redemption rate and redemption amount of the Fund's subscription rate and subscription units are as follows:
The calculation method and charging method of the fund shall be determined by the fund manager in accordance with the provisions of the fund contract, and shall be stated in the prospectus
Listed in the book or relevant announcement. The fund manager may adjust the rate or charge within the scope agreed in the fund contract
In accordance with the relevant provisions of the Information Disclosure Measures at the latest before the implementation date of the new rate or charging method
It shall be announced on the specified media.
7. The fund manager may, without violating the provisions of laws and regulations and the fund contract
Under the circumstance that the interests of the holders are not materially adversely affected, the fund promotion plan shall be formulated according to the market conditions
Periodically or irregularly carry out fund promotion activities. During the fund promotion activities, perform according to the requirements of relevant regulatory authorities
After going through the relevant procedures, the Fund Manager may appropriately reduce the fund sales rate and make a separate announcement.
8. In case of large amount purchase or redemption of the Fund, the Fund Manager may use the swing pricing machine
To ensure the fairness of fund valuation. Specific handling principles and operation specifications shall comply with relevant laws and regulations and
Provisions of regulatory authorities and self-discipline rules.
7、 Refusal or suspension of subscription
In case of the following circumstances, the Fund Manager may refuse or suspend accepting the subscription application of investors:
1. The fund cannot operate normally due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Investor's application for subscription.
3. The trading of securities and futures exchanges and the foreign exchange market are suspended abnormally or the Hong Kong Stock Connect is temporarily suspended,
As a result, the Fund Manager is unable to calculate the net asset value of the Fund on that day.
4. When accepting a certain application or some applications for subscription may affect or damage the interests of existing fund share holders.
5. The scale of fund assets is too large, which makes the fund manager unable to find suitable investment varieties, or other
It may have a negative impact on the performance of the Fund, or other circumstances may damage the interests of existing Fund Unitholders.
6. The subscription application exceeds the upper limit of the net subscription ratio per day set by the fund manager, and the single investor per day
Or the upper limit of single subscription amount.
7. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
After the subscription, the fund manager shall suspend accepting the application for fund subscription.
8. The Fund Manager's acceptance of certain or certain subscription applications or fund conversion applications may result in
1. Investors (fund managers, senior managers of fund managers or fund managers) provide funds as launching funds
The proportion of the number of fund units held reaches or exceeds 50% of the total number of fund units, or in a disguised form
Avoid the above 50% requirement.
9. The abnormal conditions of the fund sales agency or the registration agency lead to the fund sales system and the fund registration system
Or the fund accounting system cannot operate normally.
10. Suspend or stop accepting purchase orders due to the completion of the quota on the trading day of Hong Kong Stock Connect, or
The securities trading service company and other institutions have identified abnormal trading conditions and decided to suspend the provision of some or all of Hong Kong
Stock Connect service, or other influences are carried out through the trading interconnection mechanism between the mainland and Hong Kong stock markets
Frequent trading.
11. The fund investor has not provided or updated the fund manager with due diligence on anti money laundering as required by laws and regulations
Information of fund investors required for investigation and other matters.
12. Fund investors have a high risk of money laundering, and the Fund Manager believes that it is necessary to take strengthened measures
When managing and reducing money laundering risk.
13. Other circumstances specified by laws and regulations or recognized by the CSRC.
One of the above situations of suspension of subscription in Items 1, 2, 3, 5, 7, 9, 10 and 13 occurs and the fund manager
When deciding to suspend the acceptance of an investor's application for subscription, the fund manager shall publish it on the specified media in accordance with the relevant provisions
Register the announcement of subscription suspension. If the investor's application for subscription is rejected in whole or in part, the rejected subscription amount
Item will be returned to the investor. When the suspension of subscription is eliminated, the Fund Manager shall resume the subscription business in a timely manner
Handling of.
8、 Circumstances of suspending redemption or delaying payment of redemption money
Under the following circumstances, the Fund Manager may suspend accepting the redemption application of investors or postpone the payment of redemption
Payment:
1. The Fund Manager is unable to pay the redemption amount due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Redemption application of investors or deferred payment of redemption money.
3. The stock exchange, futures exchange and foreign exchange market are closed abnormally during trading hours or the Hong Kong Stock Connect is temporarily closed,
As a result, the Fund Manager is unable to calculate the net asset value of the Fund on that day.
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
The manager may suspend accepting the redemption application of the fund unit holder.
6. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
After recognition, the Fund Manager shall postpone the payment of redemption funds or suspend the acceptance of fund redemption applications.
7. Other circumstances specified by laws and regulations or recognized by the CSRC.
When one of the above circumstances occurs and the Fund Manager decides to suspend the redemption or postpone the payment of redemption money, the Fund
The Manager shall report to the CSRC for filing on the same day, 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 according to the proportion of the application amount of a single account in the total application amount
To the redemption applicant, the unpaid part can be postponed. In case of the situation mentioned in item 4 above
Handling of relevant terms of the same. When applying for redemption, fund share holders may choose in advance that they may not receive
It shall be cancelled in part. When the suspension of redemption is eliminated, the Fund Manager shall resume the redemption business in a timely manner
Handling and announcement.
9、 Large amount redemption situation and handling method
1. Recognition of huge redemption
If the net redemption application of the Fund units within a single open day of the Fund (the total number of redemption application units plus the Fund
After deducting the total number of subscription application units from the total number of transfer out application units during conversion and the transfer in application units during fund conversion
If the balance after the total amount exceeds 10% of the total fund shares on the previous opening day, it is deemed that a huge redemption has occurred.
2. Treatment method of huge redemption
In case of a huge redemption of the fund, the fund manager can decide according to the current asset portfolio of the fund
Full redemption, partial deferred redemption or suspended redemption.
(1) Full redemption: when the Fund Manager believes that it is able to pay all redemption applications of investors,
Follow normal redemption procedures.
(2) Partial deferred redemption: when the fund manager thinks that it is difficult to pay the investor's redemption application or
The realization of property for the purpose of paying the redemption application of investors may cause a large impact on the net asset value of the fund
In case of fluctuation, the redemption ratio accepted by the fund manager on the same day shall not be less than 10% of the total fund shares on the previous open day
Under the premise of, the remaining redemption applications can be postponed. For the redemption application on that day, it should be based on a single account
The proportion of redemption application amount in the total redemption application amount, and the redemption unit accepted on the current day shall be determined; For the non redeemable part
The investor can choose to postpone or cancel the redemption when submitting the redemption application. Those who choose to postpone redemption,
Will automatically transfer to the next business day to continue redemption until all redemption; If redemption is selected, the current day
Some redemption applications that have not been accepted will be cancelled. The deferred redemption application is together with the redemption application on the next open day
Processing, no priority and the redemption amount is calculated based on the net value of such fund units on the following opening day
By analogy, until all redemption. If the investor does not make a clear choice when submitting the redemption application, the investor does not
The redeemable part will be automatically postponed.
(3) If the Fund is redeemed in a large amount and there are fund shares applied for redemption by a single fund share holder
If the amount exceeds more than 20% of the total fund shares on the previous open day, the fund manager has the right to
The redemption application of the amount holder that exceeds more than 20% of the total fund shares on the previous open day shall be postponed
For the rest of the redemption application of the Fund Unitholder, the Fund Manager shall, in accordance with the preceding paragraph
Redemption "or" (2) Partial deferred redemption "and redemption application of other fund unit holders
It shall be handled at the same time. However, if the fund unit holder chooses to cancel the redemption when submitting the redemption application, he/she shall
Some redemption applications that have not been accepted for days will be cancelled.
(4) Suspension of redemption: massive redemption occurs for more than 2 consecutive business days (including the number), such as fund management
The Manager may suspend accepting the redemption application of the Fund if it deems it necessary; The accepted redemption application can be postponed
The redemption money shall be paid within 20 working days, and shall be announced on the specified media.
3. Announcement of massive redemption
In the event of the above-mentioned huge redemption and the postponement of the transaction, the Fund Manager shall mail, fax or call
Other methods specified in the Prospectus shall notify the fund share holders within three trading days, stating the relevant processing party
Law of the People's Republic of China, and publish an announcement on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
10、 Announcement of suspension of subscription or redemption and announcement of reopening subscription or redemption
1. In case of the above suspension of subscription or redemption, the Fund Manager shall specify the media within the specified period
The suspension notice is published on the website.
2. If the suspension occurs for one day, the Fund Manager shall, on the reopening day
Publish the announcement of fund re opening subscription or redemption, and announce the net amount of various fund units in the last open day
Value.
3. If the suspension occurs for more than one day, the Fund Manager may, according to the
Time, in accordance with the relevant provisions of the Information Disclosure Measures, published on the specified media at the latest on the reopening day
Announcement of reopening subscription or redemption, and announcement of net value of various fund units in the latest working day; Or
The time for reopening subscription or redemption shall be specified in the suspension announcement according to the actual situation, and no further issue will be issued at that time
Announce the reopening.
11、 Fund conversion
The Fund Manager may decide to open the Fund in accordance with relevant laws and regulations and the provisions of the Fund Agreement
For conversion business with other funds managed by the fund manager, a certain amount of conversion can be charged for fund conversion
The relevant rules shall be formulated and consolidated by the Fund Manager in accordance with relevant laws and regulations and the provisions of this Fund Agreement
And inform the Fund Custodian and relevant institutions in advance.
12、 Non trading transfer of funds
Non transaction transfer of funds refers to the acceptance of inheritance, donation and judicial enforcement by the fund registration authority
Non transaction transfer and other non transaction transfer recognized by the registration authority and in compliance with laws and regulations or
Act of handling according to relevant laws and regulations or the way required by the competent authorities of the state. Whatever the above
In this case, the subject receiving the transfer must be the 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 means that fund share holders donate their legally held fund shares to welfare foundations or societies
Association; Judicial enforcement means that the judicial authority holds
Fund units are forcibly transferred to other natural persons, legal persons or other organizations. Basis must be provided for non transaction transfer
The relevant information required by the gold registration authority shall be subject to the fund registration machine for the qualified non transaction transfer application
It shall be handled in accordance with the provisions of the Fund Registration Authority and charged in accordance with the standards prescribed by the Fund Registration Authority.
13、 Custody transfer of funds
Fund share holders can handle the transfer of custody of their held fund shares between different sales institutions
A sales agency may collect the transfer custody fee according to the prescribed standards.
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
Line regulations. The investor can agree on the amount of deduction in each period when handling the fixed investment plan
The amount must not be less than the fixed amount specified by the fund manager in the relevant announcement or updated prospectus
The minimum subscription amount of the investment plan.
15、 Freezing and unfreezing of fund shares
The fund registration authority only accepts the freezing and unfreezing of fund units required by the competent authorities of the state according to law, and
Freezing and unfreezing under other circumstances recognized by the registration authority and in compliance with laws and regulations. Procedures for freezing fund units
The freezing method shall be handled in accordance with the relevant provisions of the fund registration authority. If fund units are frozen, part of the assets will be frozen
The rights and interests generated shall be dealt with in accordance with the laws and regulations, the requirements of the competent authorities of the state and the business regulations of the fund registration agency
Li.
16、 Transfer of Fund Units
If permitted by laws and regulations and conditions are met, the Fund Manager may accept the Fund Unitholders
The application for share transfer through the trading place or trading method recognized by the CSRC shall be submitted by the registration authority
Handle the transfer registration of fund units. If the Fund Manager intends to accept the transfer of fund units, it will make an announcement in advance,
Fund unit holders shall handle the transfer of fund units in accordance with the business rules announced by the Fund Manager.
17、 Other business
Under the conditions permitted by relevant laws and regulations, the fund registration authority may accept funds according to its business rules
Share pledge and other businesses, and charge a certain handling fee.
18、 Subscription and redemption of the Fund during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the subscription and redemption arrangements of the Fund are detailed in the Prospectus or relevant companies
Notice.
Part VII Parties to the Fund Contract and Their Rights and Obligations
1、 Fund manager
（1） Profile of the Fund Manager
Name: CCB Fund Management Co., Ltd
Address: Floor 16, Yinglan International Financial Center, No. 7, Financial Street, Xicheng District, Beijing
Legal representative: Sheng Liurong
Date of establishment: September 19, 2005
Approval authority and approval document number: CSRC, CSRC Zhengjian Jijin Zi
[2005] No.158
Organizational form: limited liability company
Registered capital: RMB 200 million
Duration: continuous operation
Tel: 010-66228888
（2） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Manager include
But not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Agreement, the Fund shall be independently used and managed in accordance with laws, regulations and the Fund Agreement
Gold property;
(3) Collect fund management fees in accordance with the fund contract and those prescribed by laws and regulations or approved by the CSRC
other expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
If the fund contract and relevant national laws and regulations are violated, it shall be reported to the CSRC and other regulatory authorities, and
Necessary measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency
Reason;
(9) Act as or entrust other qualified institutions to act as fund registration agencies to handle fund registration business
And obtain the fees specified in the fund contract;
(10) Decide on the distribution plan of fund income in accordance with the fund contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription and redemption applications within the scope agreed in the fund contract;
(12) Exercising shareholder, creditor or fund shares in the invested company for the benefit of the fund in accordance with laws and regulations
The rights of the holders of funds, which are generated from the investment of fund assets in securities and securities investment funds for the benefit of the Fund
Rights;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager; or
Performing other legal acts;
(15) Select and replace law firms, accounting firms, securities brokers, futures brokers or
Other external institutions providing services for the Fund;
(16) Formulate and adjust relevant fund subscription, subscription
Business rules for redemption, conversion and non trading transfer;
(17) According to the requirements of anti money laundering laws and regulations, in view of the high money laundering risk of fund share holders,
Take strengthening measures (including strengthening monitoring and control of relevant accounts and transactions of fund share holders)
Implement), manage and reduce risks;
(18) Collect, store
Use, process, transmit, provide, disclose, delete and other methods to process the personal information of fund share holders and counter
Money laundering information, and provide sufficient assistance to the custodian in anti money laundering work according to law;
(19) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
But not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) The Fund Contract shall be managed and applied in the principle of good faith, prudence and diligence from the effective date
Fund assets;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making, so as to be professional
Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure that the assets of the fund under management and the assets of the fund manager are independent of each other, and to separate the different funds under management
Management, separate bookkeeping and securities investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used to
They or any third party shall not entrust any third party to operate the fund property for their own benefit;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Take appropriate and reasonable measures to calculate the subscription, purchase, redemption and cancellation prices of fund units
The method shall comply with the provisions of the fund contract and other legal documents. The net asset value of the fund shall be calculated and announced in accordance with the relevant provisions
To fix the price for subscription and redemption of fund units;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report of the Fund;
(11) Perform information disclosure and reporting in strict accordance with the Fund Law, the Fund Contract and other relevant provisions
Obligation to sue;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. In addition to the Fund Law
Unless otherwise specified in the fund contract and other relevant provisions, the fund information shall be kept confidential before public disclosure
The person divulges, but in order to comply with and obey the court judgment or ruling, arbitration award or CSRC and other regulatory agencies
Except for orders, decisions and provision to external professional consultants such as audit and legal consultants;
(13) Determine the fund income distribution plan as agreed in the fund contract and distribute the fund income to fund share holders in a timely manner
Fund allocation income;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene a general meeting of fund unit holders in accordance with the Fund Law, the Fund Contract and other relevant provisions
Or cooperate with the Fund Custodian and the Fund Unitholders to convene a general meeting of the Fund Unitholders in accordance with the law;
(16) Keep the accounting books, statements, records and other relevant information of fund property management business activities as required
The relevant materials shall not be less than the minimum time limit prescribed by laws and regulations;
(17) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and
Ensure that investors can check the disclosure related to the fund at any time according to the time and method specified in the fund contract
Materials, and obtain copies of relevant materials at reasonable cost;
(18) Organize and participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation
Realization and distribution;
(19) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And notify the Fund Custodian;
(20) Loss of fund assets or damage to the legitimate rights and interests of fund share holders due to violation of the fund contract
Shall be liable for compensation, and his liability for compensation shall not be exempted by his retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the Fund Custodian violates the Fund Contract and causes losses to the Fund property, the Fund Manager shall pay the Fund Unitholders
Recover from the Fund Custodian;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the relevant funds to the third party
Take responsibility for the behavior of financial affairs;
(23) In the name of the Fund Manager, on behalf of the Fund Unitholders, exercise the right of litigation or enforce its
Other legal acts;
(24) The Fund Manager fails to meet the filing conditions for the Fund during the offering period, and the Fund Contract cannot take effect,
The Fund Manager shall bear all the raising costs and pay the raised funds in the base together with the interest of the current deposit of the bank for the same period
The fund shall be returned to the fund subscriber within 30 days after the end of the fund raising period;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
2、 Fund Custodian
（1） Profile of Fund Custodian
Name: China Merchants Bank Co., Ltd
Address: China Merchants Bank Building, No. 7088, Shennan Avenue, Shenzhen
Legal representative: Miao Jianmin
Time of establishment: April 8, 1987
Establishment approval authority and establishment approval document number: Yin Fu Zi (1986) No. 175 of the People's Bank of China, Yin
F (1987) No. 86 Document
Organizational form: limited liability company
Registered capital: 25.22 billion yuan
Duration: continuous operation
Approval document and document number of fund custody qualification: Zheng Jian Ji Jin Zi [2002] No. 83
（2） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include
But not limited to:
(1) The Fund shall be safeguarded in accordance with laws, regulations and the provisions of the Fund Contract as of the effective date of the Fund Contract
Property;
(2) Obtaining fund custody fees, laws and regulations or regulatory approval in accordance with the fund contract
other expenses;
(3) Supervise the investment operation of the Fund Manager in the Fund. If the Fund Manager is found to have violated the Fund
The contract and national laws and regulations have caused heavy losses to the fund property and the interests of other parties,
It shall report to the CSRC and take necessary measures to protect the interests of fund investors;
(4) According to the relevant market rules, open capital accounts, securities accounts and other investment accounts for the Fund
Clearing securities trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include
But not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) A special fund custody department shall be set up, with satisfactory business premises and sufficient
Qualified full-time personnel familiar with fund custody business, responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure the safety of the fund property and ensure that the fund property under its custody is different from the fund custodian's own property and
Fund assets are independent of each other; Set up separate accounts for different funds under custody, conduct independent accounting, and manage accounts separately,
Ensure that different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used to
If they or any third party seeks benefits, they shall not entrust a third party to trust the fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open fund accounts, securities accounts and other accounts required for investment of fund assets according to regulations
As agreed in the contract, clearing and delivery shall be handled in a timely manner according to the investment instructions of the fund manager;
(7) To keep fund business secrets, unless otherwise stipulated in the Fund Law, the Fund Contract and other relevant regulations
In addition, the fund information shall be kept confidential before public disclosure, and shall not be disclosed to others, but in order to comply with and obey the court judgment
Decisions or rulings, arbitral awards or orders and decisions of the CSRC and other regulatory bodies, as well as audit and legal issues
Except as provided by external professional consultants;
(8) Review and review the net fund asset value, net value of various fund units
Subscription and redemption price of gold shares;
(9) To handle information disclosure related to fund custody business activities;
(10) To issue opinions on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund, stating that
Specify whether the Fund Manager operates in all important aspects in strict accordance with the provisions of the Fund Agreement; If the fund
If the manager fails to implement the provisions of the fund contract, it shall also state whether the fund custodian has taken appropriate measures
measures;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities not lower than
The minimum period stipulated by laws and regulations;
(12) Keep the register of fund unit holders;
(13) Prepare relevant account books as required and check with the fund manager;
(14) To pay fund income and
Redemption proceeds;
(15) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund unit holders in accordance with the law, or to cooperate with the fund manager and fund unit holders;
(16) To 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 fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and
Distribution;
(18) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And bank regulators, and notify the fund manager;
(19) If the Fund property is lost due to violation of the Fund Contract, it shall be liable for compensation
Not be relieved by his retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws, regulations and the Fund Contract
The Fund Manager shall be responsible for the interests of the Fund Unitholders in case of any loss of fund property caused by the Fund Manager's violation of the Fund Contract
Claim compensation from the Fund Manager;
(21) Implement the effective decisions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and fund contract.
3、 Fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the fund contract
The fund investor becomes the fund share holder and the fund contract when he/she obtains the fund shares in accordance with the fund contract
The parties concerned until they no longer hold the fund shares of the Fund. Fund Unitholders as Parties to the Fund Contract
It is not necessary to sign or seal the fund contract in writing.
Each fund unit of the same category has the same legal rights and interests.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders
Including but not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Transfer or apply for redemption of fund units held by them according to law, and fund units subscribed by initiating funds
The redemption of shall comply with the provisions of the Fund Contract;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund service institution shall be harmed in accordance with
Legal action or arbitration;
(9) The term for the initiator to hold the fund units subscribed by the initiator shall come into force from the fund contract
Not less than 3 years from the date of commencement;
(10) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders
Including but not limited to:
(1) Carefully read and abide by the fund contract, prospectus, fund product information summary and other information
Disclosure of documents;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription funds and the fees prescribed by laws, regulations and the fund contract;
(5) It is limited to bear fund losses or terminate fund contracts within the scope of fund units held by it
Responsibility;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) The term for the initiating fund provider to hold the fund units subscribed with the initiating fund is from the fund contract
Not less than 3 years from the effective date;
(10) Provide identity basis to fund managers and fund sales agencies in accordance with anti money laundering laws and regulations
This information and relevant supporting documents shall cooperate with the fund manager and the fund sales agency in anti money laundering matters
Job survey;
(11) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part VIII General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, who are legally authorized to act on their behalf
Form A has the right to attend meetings and vote on behalf of fund share holders. Each fund share held by the fund share holder
We have equal voting rights.
The National People's Congress of the holders of Fund units does not have a daily institution.
1、 Reason for convening
1. Unless otherwise stipulated by laws and regulations and the CSRC or the fund contract
A general meeting of fund unit holders shall be held if one of the following matters is to be decided:
(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 the Fund Manager and the Fund Custodian or increase 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) Funds that individually or collectively hold more than 10% (including 10%) of the total fund shares
Unit holders (calculated on the basis of fund units on the day when the Fund Manager receives the proposal, the same below)
To request the convening of a general meeting of fund share holders;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) Holding of fund units shall be held as required by laws and regulations, fund contracts or other provisions of the CSRC
Matters of the General Meeting.
2. Within the scope specified by laws and regulations and agreed by the fund contract, and has no real interests for fund share holders
Under the premise of qualitative adverse effects, the following circumstances may be modified after consultation between the Fund Manager and the Fund Custodian
To convene a general meeting of fund share holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate, the redemption rate, the sales service rate or the collection rate of the Fund
Mode of payment;
(3) The Fund Contract shall be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment does not
Significant changes in the rights and obligations of the parties involved in the fund contract;
(5) The Fund launches new businesses or services;
(6) Fund managers, sales agencies, fund registration agencies, etc. adjust the subscription, purchase
Rules for redemption, conversion, non trading transfer, custody transfer and other businesses;
(7) The fund manager adjusts the setting of fund share categories, adds new fund share categories, and stops cash flow
There are sales of fund share categories or adjustments to fund share classification methods and rules;
(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
Shape.
2、 Convener and convening method
1. Unless otherwise stipulated in laws and regulations or in the fund contract, the general meeting of fund share holders shall be managed by the fund
The manager calls.
2. In the event that the Fund Manager fails to convene or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, it shall
It shall be convened by the Fund Custodian on its own and notified to the Fund Management within 60 days from the date of issuing the written decision
The Fund Manager shall cooperate.
4. The fund share holders representing more than 10% (including 10%) of the fund shares shall submit a written request on the same matter
A written proposal shall be submitted to the Fund Manager for convening a general meeting of Fund Unitholders. The Fund Manager shall
Decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the proposed fund units in writing
The holder's representative and the fund custodian. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; The Fund Manager decides not to convene the meeting, which represents the basis of more than 10% (including 10%) of the Fund shares
If the gold share holders still think it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. Fund Custody
People shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and inform the basis of the proposal in writing
Representatives of gold share holders and fund managers; If the Fund Custodian decides to convene the meeting, it shall issue a written decision
Held within 60 days from the date of. And inform the Fund Manager that the Fund Manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request to call
If a general meeting of fund unit holders is held and neither the fund manager nor the fund custodian convenes it, it shall be held separately or jointly
The fund share holders with more than 10% (including 10%) of the fund shares in the table have the right to convene the meeting on their own and at least in advance
30 Daily report to China Securities Regulatory Commission for filing. Where a fund unit holder convenes a general meeting of fund unit holders on his own according to law,
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and right of the meeting
Registration date.
3、 Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund share holders, the convener shall, 30 days before the meeting
Notice. The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and proxy of the agent)
The time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to notify the meeting
The specific means of communication adopted by the National People's Congress of the Fund Unitholders, the entrusted notary authority and its copy
Method and contact person, deadline for sending and receiving written voting opinions.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund manager in writing separately
Go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall be separately
Inform the Fund Manager and the Fund Custodian in writing to go to the designated place to supervise the counting of votes. fund
If the Manager or the Fund Custodian refuses to send representatives to supervise the counting of written votes, the voting will not be affected
Vote counting effect of 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 laws, regulations and supervision
Other methods allowed by the institution shall be adopted, and the convening method of the meeting shall be determined by the convener.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the on-site meeting as nonvoting delegates
If the Fund Manager or the Fund Custodian does not send representatives to attend the general meeting, the voting effect shall not be affected. On site opening
The agenda of the general meeting of Fund Unitholders may be held when the following conditions are met simultaneously:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund shares and the certificate of proxy voting authorization of the trustor comply with laws, regulations and fund contract
And the provisions of the notice of the meeting, and the vouchers for holding fund shares are consistent with the registration data held by the fund manager
Symbol;
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that,
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date
1） . If the effective fund units represented by the participants on the equity registration date are less than the base of the Fund on the equity registration date
1/2 of the total fund units, the convener may hold the fund unit holders' meeting at 3
The General Meeting of Fund Unitholders shall be reconvened within six months after the expiration of six months on the matters originally scheduled for deliberation. Recall
The effective fund units represented by the participants of the general meeting of fund unit holders on the equity registration date shall not be less than
One third (including one third) of the total fund shares of the Fund on the equity registration date.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders submit their votes on voting matters in writing
Form or other methods agreed in the fund contract shall be delivered to the address designated by the convener before the deadline for voting. through
The meeting shall vote in writing or in other ways agreed in the fund contract.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) After the convener of the meeting publishes the notice of the meeting as agreed in the fund contract, it shall publish the notice of the meeting within 2 working days
Prompting announcement;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener,
The fund manager) to the designated place to supervise the counting of written votes. The convener of the meeting is Zaiji
Under the supervision of the fund custodian (or the fund manager if the fund custodian is the convener) and the notary organ
Receive the written voting opinions of fund share holders in the manner specified in the notice of the meeting; Fund Custodian or Fund
If the administrator is notified not to participate in the collection of written voting opinions, the voting effect will not be affected;
(3) If I directly issue a written opinion or authorize another representative to issue a written opinion
The fund shares held by someone shall not be less than half (including half) of the total fund shares on the equity registration date
1） ; If I directly issue written opinions or authorize others to issue written opinions on behalf of fund share holders
If the fund units held are less than half of the total fund units on the equity registration date, the convener may make an announcement in the original
Within 3 months and 6 months after the time of holding the general meeting of fund unit holders of
Convene a new general meeting of fund unit holders. The reconvened general meeting of fund unit holders shall have one-third of the representatives
One or more (including one third) of the fund share holders directly issue written opinions or authorize others to issue them on behalf
Written opinions;
(4) Fund share holders or entrusted representatives who directly issue written opinions in Item (3) above
The agent who gives written opinions, the certificate of holding fund units submitted at the same time, and the trustee who gives written opinions
The certificate issued by the agent that the principal holds fund shares and the certificate of proxy voting authorization of the principal
Comply with laws and regulations, fund contracts and meeting notices, and conform to the records of the fund registration authority;
3. The Fund Unitholders of the Fund may also adopt
Authorize its agent to attend the general meeting of fund unit holders in other non written ways, and the specific way shall be convened by the meeting
And shall be specified in the meeting notice.
4. In terms of the way of holding the meeting, the Fund can also use other off-site ways or on-site ways to communicate with
The general meeting of fund share holders shall be held in a combination of off-site methods, and the procedures of the meeting shall be compared with those of on-site meetings
The procedures for holding meetings by means of information.
5、 Discussion content and procedure
1. Discussion content and proposal right
The contents of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the fund contract
Decide to terminate the fund contract, change the fund manager, change the fund custodian, merge with other funds
Other matters stipulated in the laws and regulations and the fund contract, as well as the convener of the meeting deems it necessary to submit to the fund unit holders
Other matters discussed at the meeting.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall
It shall be announced in time before the general meeting of fund share holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine and publish
The supervisor shall then read out the proposal by the presider of the meeting, vote after discussion, and form the resolution of the meeting.
The presider of the meeting is the representative authorized by the fund manager to attend the meeting, but the authorized representative of the fund manager fails to preside
In the case of a general meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If authorized by the Fund Manager
If neither the representative nor the authorized representative of the Fund Custodian can preside over the meeting, the Fund Unitholders and
More than 50% (including 50%) of the voting rights held by the agent shall elect a fund share holder as such
The chairperson of the Fund Unitholders' Meeting. The Fund Manager and the Fund Custodian refuse to attend or preside over the Fund
The general meeting of 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 shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and principals
Name (or unit name) and contact information.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the organ.
6、 Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. The general resolution shall be subject to the form held by the fund share holders or their agents attending the meeting
More than half (including half) of the voting rights are valid only after passing; Except as provided in the second item below
Matters other than those passed by special resolution shall be passed by general resolution.
2. Special resolution, which shall be held by fund share holders or their agents attending the meeting
It can be made only after being approved by more than two-thirds (including two-thirds) of the voting rights. Unless otherwise agreed in the fund contract,
Change the operation mode of the fund, change the fund manager or fund custodian, terminate the fund contract
The merger of other funds shall be effective only when a special resolution is passed.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary when counting votes, submit
The voting for confirming the investor's identity document in accordance with the provisions of the notice of the meeting shall be deemed as effective attendance of investors
Written voting opinions conforming to the provisions of the notice of meeting shall be deemed as valid voting, and the voting opinions are ambiguous or contradictory
The fund share represented by the fund share holder who issued the written opinion shall be counted as abstention from voting
total.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
On the premise of the above rules, the specific rules are as follows:
Accurate.
7、 Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the General Assembly is based on
Although the fund share holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund management
If the Manager or Fund Custodian fails to attend the meeting, the chairperson of the meeting of Fund Unitholders shall be present at the beginning of the meeting
Later, it was announced that three representatives of fund share holders were elected among the fund share holders present at the meeting to supervise the votes
People. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has any concerns about the voting results submitted
In case of doubt, the number of votes required can be counted again immediately after the announcement of the voting results. The scrutineer shall
Re inventory is limited to one time. After re counting, the presider of the meeting shall announce the re counting on the spot
Point results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the general meeting are in the fund
Supervised by the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
The counting process shall be notarized by the notary office. The Fund Manager or the Fund Custodian refuses to appoint a representative
If the voting table supervises the counting of written voting opinions, it shall not affect the counting and voting results.
8、 Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC within 5 days from the date of adoption
keep on record.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be submitted to the
Announcement on specified media. If voting is conducted by means of communication, the resolution of the general meeting of fund share holders shall be announced
The full text of the notarial certificate, the notarial institution and the name of the notary must be announced together.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective Fund Unitholders
General Assembly resolutions. Effective resolution of the general meeting of fund unit holders on the management of all fund unit holders and funds
Both the trustee and the fund trustee are binding.
9、 The Fund Manager represents the Fund to attend the general meeting of fund share holders of the Fund invested by the Fund and
Special agreement on participation in voting
When the fund held by the Fund holds a general meeting of fund share holders, the Fund Manager shall represent the Fund
The interests of fund share holders shall participate in the general meeting of fund share holders of the fund they hold, and shall comply with the requirements of the Fund
The Fund Unitholders shall exercise relevant voting rights on the premise of the principle of priority of interests. The Fund Manager shall vote
The opinions shall be solicited from the fund custodian in advance, and the voting opinions shall be disclosed in the periodic report.
The fund investor's holding of the fund shares of the Fund shall be deemed to agree that the Fund Manager represents the Fund
The Fund Unitholders of the Fund propose to convene or convene a general meeting of the Fund Unitholders of the Fund held by the Fund.
Where laws and regulations provide otherwise, such provisions shall prevail.
10、 This part deals with the causes, conditions, procedures and voting of the general meeting of fund share holders
Conditions and other provisions, which directly refer to the laws and regulations, such as the relevant contents caused by the revision of laws and regulations in the future
In case of cancellation or change, the Fund Manager may directly enter into this section after performing appropriate procedures and making public announcement
It is unnecessary to hold a general meeting of fund share holders to review the amendment and adjustment.
11、 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, this part and the "replacement conditions of fund manager and fund custodian
The proportion of relevant fund shares or voting rights under the following circumstances agreed in "and procedures" refers to the proportion of main bag shares
The fund shares or voting rights held or represented by someone and the side pocket unit holder respectively meet these proportions, but if
If the matters to be convened and deliberated at the relevant fund unit holders' meeting do not involve the side pocket account, it only refers to the main pocket unit holders
The fund shares or voting rights held or represented by someone meet these proportions:
1. The Fund Unitholders need to exercise the right to propose, convene and nominate on behalf of the relevant individual or aggregate representatives
More than 10% (including 10%) of fund shares;
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than that of the Fund in Quanyideng
One half (including one half) of the relevant fund shares on the record date;
3. Fund units that directly issue written opinions or authorize others to issue written opinions on behalf of correspondence meeting
The fund units held by the holder shall not be less than half (including half) of the relevant fund units on the equity registration date
One);
4. The fund units held by the fund unit holders who participate in the voting of the fund unit holders' meeting are small
One half of the relevant fund units on the equity registration date, and the fund unit holders originally announced by the convener
Fund unit holdings reconvened within 6 months and 3 months after the date of the meeting
The National People's Congress shall have holders representing more than one-third (including one-third) of the relevant fund units participate in or grant
To authorize others to vote at the general meeting of fund share holders;
5. More than 50% of the voting rights of fund share holders and proxies attending the meeting
(50% included) elect a Fund Unitholder to preside over the general meeting of Fund Unitholders
People;
6. General resolutions shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
More than one half (including one half) passed;
7. The special resolution shall be subject to three votes held by the fund share holders or their agents attending the meeting
More than two thirds (including two thirds) passed.
Each fund share in the same main side pocket account has equal voting rights.
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, the 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, the CSRC and the Fund Contract.
2、 Procedures for replacement of the Fund Manager and the Fund Custodian
（1） Replacement procedure of fund manager
1. Nomination: The new Fund Manager is held by the Fund Custodian or by more than 10% (including
10%) Nomination of fund unit holders of fund units;
2. Resolution: The General Meeting of Fund Unitholders shall, within 6 months after the termination of the duties of the Fund Manager
A resolution shall be made by the fund manager of
More than two thirds (including two thirds) of the votes are passed, and the resolution becomes effective from the date of voting;
3. Temporary Fund Manager: The CSRC shall designate a temporary fund manager
Financial administrator;
4. Filing: the resolution of the General Meeting of Fund Unitholders to change the Fund Manager must be reported to the CSRC for filing;
5. Announcement: After the replacement of the Fund Manager, the Fund Custodian shall change the Fund shares of the Fund Manager
After the resolution of the general meeting of shareholders takes effect, it shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures;
6. Handover: 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 Fund Manager or the new Fund Manager shall take over in a timely manner. Temporary fund manager or new fund manager
The total value and net value of the Fund's assets shall be checked with the Fund Custodian;
7. Audit: If the duties of the fund manager are terminated, the fund manager shall be employed in accordance with the provisions of laws and regulations, and the fund manager shall meet the requirements of
The accounting firm specified in the Securities Law of the People's Republic of China shall audit the fund assets and submit the audit results to
The audit fee shall be borne by the fund assets;
8. Change of fund name: after the change of fund manager, if the original or new fund manager requires,
The name words related to the original fund manager in the fund name shall be replaced or deleted as required.
（2） Procedures for replacing the Fund Custodian
1. Nomination: The new Fund Custodian is held by the Fund Manager or more than 10% (including
10%) Nomination of fund unit holders of fund units;
2. Resolution: The General Meeting of Fund Unitholders shall, within 6 months after the termination of the duties of the Fund Custodian
The Fund Custodian of
More than two thirds (including two thirds) of the votes are passed, and the resolution becomes effective from the date of voting;
3. Temporary Fund Custodian: Before the new Fund Custodian is appointed, the CSRC shall appoint a temporary fund custodian
Gold custodian;
4. Filing: the resolution of the general meeting of fund share holders to change the fund custodian must be reported to the CSRC for filing;
5. Announcement: After the replacement of the Fund Custodian, the Fund Manager shall change the Fund units of the Fund Custodian
After the resolution of the general meeting of shareholders takes effect, it shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures;
6. Handover: Where the duties of the fund custodian are terminated, the fund custodian shall properly keep the fund assets and the fund custody business
Information, timely handle the transfer procedures of fund assets and fund custody business, and appoint a new fund custodian or temporarily
The Fund Custodian shall take over in a timely manner. The temporary fund custodian or the new fund custodian shall check with the fund manager
Total value and net value of fund assets;
7. Audit: If the duties of the Fund Custodian are terminated, the Fund Custodian shall, in accordance with the provisions of laws and regulations, engage a person who meets the requirements of
The accounting firm specified in the Securities Law of the People's Republic of China shall audit the fund assets and submit the audit results to
The audit fee shall be borne by the fund assets.
（3） Conditions and procedures for simultaneous replacement of the Fund Manager and the Fund Custodian.
1. Nomination: if the Fund Manager and the Fund Custodian change at the same time, the Fund will be held separately or jointly
Fund share holders with more than 10% (including 10%) of total shares nominate new fund managers and fund custody
People;
2. The replacement of the Fund Manager and the Fund Custodian shall be carried out in accordance with the above procedures respectively;
3. Announcement: The new Fund Manager and Fund Custodian shall change the Fund Manager and Fund Custodian
After the resolution of the general meeting of the Fund Unitholders of the custodian takes effect, the relevant provisions of the Information Disclosure Measures shall be followed
Joint announcement on the media.
3、 New or temporary fund manager receives fund management business or new or temporary fund custodian receives
Prior to the fund property and fund custody business, the original fund manager or fund custodian shall, in accordance with laws, regulations and the fund
The provisions of the contract shall continue to perform relevant duties and ensure that the interests of fund share holders will not be damaged. primary
The Fund Manager or the Fund Custodian is still entitled to continue to perform relevant duties in accordance with the provisions of this Fund Contract
Fund management fees or fund custody fees shall be collected.
4、 The provisions of this Part on the conditions and procedures for the replacement of the Fund Manager and the Fund Custodian
For the part referring to laws and regulations, if the relevant contents are cancelled or changed due to the modification of laws and regulations, fund management
After the Fund Custodian and the Fund Custodian reach consensus and make an announcement in advance, they can directly modify and adjust the corresponding contents
A general meeting of fund share holders shall be convened for deliberation.
Part X Custody of the Fund
The Fund Custodian and the Fund Manager enter into a trust agreement in accordance with the Fund Law, the Fund Contract and other relevant provisions
Management agreement.
The purpose of entering into the custody agreement is to clarify the protection of fund assets between the fund custodian and the fund manager
Rights in management, investment operation, net value calculation, income distribution, information disclosure, mutual supervision and other related matters
Obligations and responsibilities to ensure the safety of fund assets and protect the legitimate rights and interests of fund share holders.
Part XI Registration of Fund Units
1、 Registration business of fund units
The registration business of the Fund refers to the registration, custody, transfer, clearing and settlement business of the Fund
Including establishment and management of investor's fund account, registration of fund shares, confirmation and liquidation of fund sales business
And clearing, distributing dividends on behalf of others, establishing and keeping the register of fund share holders and handling non trading transfer.
2、 Fund registration business handling agency
The registration business of the Fund is conducted by the Fund Manager or other qualified institutions entrusted by the Fund Manager
However, the fund manager shall not be exempted from its responsibilities according to law due to the entrustment. Others entrusted by the fund manager
Where an institution handles the registration business of the Fund, it shall sign an agency agreement with the agent to specify the fund manager
And the agency in the investor's fund account management, fund share registration, clearing and fund transaction confirmation and issuance
Rights and obligations in matters such as dividend, establishment and custody of the register of fund share holders, and protection of fund share holders
The legitimate rights and interests of others.
3、 Rights of the Fund Registrar
The fund registration authority has the following rights:
1. Registration fee;
2. Establish and manage investor fund accounts;
3. To keep account opening information, transaction information and register of fund unit holders;
4. Within the scope permitted by laws and regulations, the time for handling registration business shall be adjusted, and
The relevant regulations shall be announced on the specified media before implementation;
5. Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
4、 Obligations of the Fund Registrar
The fund registration authority shall undertake the following obligations:
1. Allocate enough professionals to handle the registration business of the Fund units;
2. Carry out the registration business of the Fund units in strict accordance with the laws and regulations and the conditions specified in the Fund Contract;
3. Properly keep the registration data, and specify the name, identity information and fund units of fund unit holders
The detailed data shall be backed up to the institutions recognized by the CSRC. Its retention period shall not start from the date of cancellation of the fund account
Less than 20 years;
4. Having the obligation to keep confidential the fund account information of the fund share holder
Investors or funds shall bear corresponding compensation liability for losses incurred, but judicial compulsory inspection and laws
Except for other circumstances stipulated by laws and regulations, the CSRC and the Fund Contract;
5. Handle non trading transfer business and provide other services for investors according to the fund contract and prospectus
Necessary services;
6. Accept the supervision of the fund manager;
7. Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part XII Investment of the Fund
1、 Investment objectives
On the basis of strictly controlling risks and maintaining asset liquidity, strive to be realistic through proactive management
The long-term steady appreciation of current fund assets.
2、 Investment scope
The investment scope of the Fund includes domestic legally issued or listed stocks (including the main board, GEM and
His shares and depositary receipts approved or registered for listing by the China Securities Regulatory Commission (CSRC), and trading in the mainland and Hong Kong stock markets
Stock listed on the Stock Exchange of Hong Kong (hereinafter referred to as
"Hong Kong stocks"), publicly offered securities investment funds approved or registered by the CSRC according to law
(Only including the stock ETFs of the whole market and the stock funds of the fund manager, included in the equity category
Mixed funds of assets, excluding QDII funds, Hong Kong mutual recognition funds, funds in funds and other investable funds
Funds of the Fund, money market funds, funds not managed by the Fund Manager (all market equity funds
ETF excluded), bonds (including government bonds, local government bonds, government backed agency bonds, government backed bonds
Financial bonds, corporate bonds, corporate bonds, publicly issued subordinated bonds, convertible bonds (including convertible bonds with separate transactions)
), exchangeable bonds, central bank notes, medium-term notes, short-term financing bonds, ultra short-term financing bonds
Etc.), asset-backed securities, bond repurchase, inter-bank deposit receipts, bank deposits (including negotiated deposits, time deposits
And other bank deposits), money market instruments, treasury bond futures, credit derivatives, laws, regulations or
Other financial instruments that the CSRC allows the fund to invest in (subject to the relevant provisions of the CSRC).
If laws and regulations or the CSRC allow the fund to invest in other varieties in the future, the fund manager shall perform appropriate
After the procedure, it can be included in the investment scope of the Fund.
The proportion of the Fund's investment portfolio is: the proportion of the Fund's investment in bonds is not less than that of the Fund's assets
80%； The Fund's equity, convertible bonds (excluding the pure debt of convertible bonds with separate transactions), exchangeable
The total investment proportion of equity assets such as bonds, equity funds and hybrid funds does not exceed fund assets
20%, of which, the proportion of stock investment of Hong Kong Stock Standard shall not exceed 50% of all stock assets; Held by the Fund
The market value of other funds shall not exceed 10% of the net asset value of the fund; Deduct treasury bond futures at the end of each trading day
After the transaction margin required to be paid for the contract, the cash or government bonds with maturity within one year shall not be less than the fund capital
5% of the net asset value, of which cash does not include settlement provisions, deposits and purchase receivables.
Hybrid funds included in the above equity assets shall meet one of the following two conditions:
1. The investment proportion of shares and depositary receipts agreed in the fund contract shall not be less than 60% of the fund assets
Type fund;
2. According to the regular report disclosed by the Fund, shares and depositary receipts in any of the last four quarters
Hybrid funds whose assets account for no less than 60% of fund assets.
3、 Investment strategy
（1） Asset allocation strategy
On the basis of analyzing and judging the macroeconomic situation at home and abroad, the Fund has adopted the "top-down" decision
The combination of qualitative analysis and quantitative analysis forms the prediction and judgment of major categories of assets in the scope agreed in the fund contract
Determine the allocation proportion of bond assets, equity assets and cash assets within the scope, and
Relative changes in the characteristics of insurance return, dynamically adjust the investment proportion of major assets to avoid market risk and improve
Fund yield.
（2） Bond investment strategy
1. Duration management strategy
As the most basic investment strategy of bond funds, duration management strategy is essentially a top-down
Over flexible duration strategy is a strategy for managing interest rate risk.
Under the framework of global economy, the Fund Manager pays close attention to monetary credit, interest rate, exchange rate and procurement
Manager index and other key indicators of macroeconomic operation, use quantitative tools to analyze macroeconomic operation and monetary wealth
Track and analyze the changes of political policies, analyze and predict the trend of future market interest rates, and determine reasonable debts accordingly
Target duration of the bond portfolio.
The fund manager determines the target duration of the bond portfolio through the following analysis:
(1) Macroeconomic environment analysis. Through tracking and analysis of monetary credit, purchasing manager index and other macro indicators
The leading economic indicators of the economy, the import and export, consumption and investment indicators of the three engines driving economic growth,
Judge the stage of the current economic operation in the economic cycle, and expect the monetary and fiscal policies of the central government to take
To.
(2) Analysis of interest rate change trend. Pay close attention to monthly CPI
PPI and other price indexes, monetary credit, exchange rate and other financial operation data to predict the trend of future interest rate changes.
(3) Target duration analysis. According to the analysis of macroeconomic environment and the trend of market interest rate changes
Determine the target duration of the portfolio based on the current bond yield valuation level. In principle, it is accessible at the interest rate
In Daozhong, the interest rate risk is avoided by shortening the target duration; In the interest rate downward channel, by extending the target duration
Share the proceeds of rising bond prices. At the stage of flat interest rate, riding strategy and holding strategy are adopted to achieve stability
Fixed current return.
(4) Dynamically adjust the target duration. Through the analysis of domestic and foreign macroeconomic data, financial market operation
Track and analyze the operation of monetary policy and domestic bond market, assess the trend of future interest rate level, and combine with bonds
Changes in market returns and fund investment objectives, dynamically adjusting the duration of portfolio objectives.
2. Term structure configuration strategy
Adjust the term structure allocation strategy of the portfolio through the change of the expected return curve. Under debt
Form of bond yield curve, variety yield change of each period, combined with short-term capital interest rate level and change trend
Potential, analyze and predict the change of the yield curve, and calculate the allocation policy of bullet, dumbbell, trapezoid and other different term structures
The specific term structure allocation strategy should be formed based on the risk return strategy.
3. Allocation strategy of bond category
The credit risk, tax level, market liquidity, market risk and other factors of different types of bonds
Analysis and comprehensive evaluation of treasury bonds, financial bonds, corporate bonds, exchange and inter-bank market investment products with the same maturity
The interest margin and change trend of the portfolio are determined by comparing the risk adjusted returns of different types of assets
Other asset allocation.
4. Ride Strategy
Ride strategy is to establish and adjust the portfolio based on the expectation of changes in the shape of the bond yield curve.
When the bond yield curve is steep, buy the bonds located at the steep part of the yield curve and hold them for a period of time
Later, with the shortening of the remaining maturity of bonds and the decline of the yield level, a certain amount of capital gains will be obtained.
5. Margin amplification strategy
The strategy is to take advantage of the opportunity that the bond repo yield is lower than the bond yield to enlarge through the circular repo
Investment strategy of bond investment income. The basic mode of this strategy is to buy bonds for positive repo, and then
Use the repurchased funds to purchase bonds with higher yields. When implementing the interest margin expansion strategy, fund management
We will pay close attention to the relationship between bond yield and repo yield, and keep the repo rate lower than that of bonds
Bond yield.
6. Investment strategy of credit bonds and asset-backed securities
The credit rating of the Fund's investment credit bonds (including asset-backed securities, the same below) shall be AA and
On. Among them, the total proportion of investment in AA rated bonds does not exceed 20% of credit bond assets, and investment in AA+
The total proportion of Grade A bonds shall not exceed 50% of credit bond assets, and the total proportion of investment in Grade AAA bonds shall not
Less than 50% of credit debt assets. The above credit rating is debt rating, short-term financing bonds and ultra short-term financing bonds
The credit rating of such short-term credit bonds shall be subject to the credit rating of the entity. If there is no debt rating for the credit bonds invested by the Fund
The credit rating issued by the rating agency shall be referred to. The rating information shall refer to the domestic rating selected by the fund manager
The latest rating results issued by a credit rating agency established in France and qualified for credit rating (excluding China Bond credit
Rating). In case of different credit ratings issued by several rating agencies, the fund manager shall also combine
Independent judgment and determination of its own internal credit rating. During the period when the Fund holds credit bonds, if its credit
The rating decline no longer meets the above criteria, which shall be adjusted to meet the requirements within 3 months from the date of the rating report
Definitely.
(1) The investment of credit bonds follows the following process:
1) Research on Credit Bonds
Through systematic desk research, interviews with issuers, consultation with issuers and other forms,
"Top down" analysis of macroeconomic trends, industry (or industry) economic prospects, "bottom-up"
To analyze the development prospect, solvency, national credit support, etc. of the issuer. Pass the credit rating of credit bonds
Class index system, credit rating of credit bonds, and on the basis of credit rating
Credit bond pool.
2) Credit bond investment
The fund manager selects bonds from the credit bond pool to build a credit bond portfolio.
The Fund mainly considers the following factors when building and managing the credit bond portfolio:
① Changes in credit rating of credit bonds.
② Credit bonds with different credit ratings, as well as the credit interest between bonds with the same credit rating and different underlying bonds
Difference variation.
In principle, purchase credit bonds with credit (to be) upgraded and reduce credit bonds with credit (to be) downgraded;
The purchase of credit bonds with a narrowing trend after the expansion of credit spreads and the reduction of holdings of credit bonds with a loosening trend after the narrowing of credit spreads
A potential debenture.
(2) Asset backed securities investment strategy
The Fund's investment in asset-backed securities will comprehensively use duration management, yield curve, individual bond selection and
Grasp the market trading opportunities and other positive strategies, under the condition of strict risk control, through credit research and liquidity
Management, select the varieties with higher returns after risk adjustment to invest in order to obtain long-term stable returns.
（3） Investment strategy of convertible bonds and exchangeable bonds
The value of convertible bonds and exchangeable bonds mainly depends on their equity value, bond value and embedded period
The Fund Manager will evaluate the value of convertible bonds and exchangeable bonds and choose
Invest in convertible bonds and exchangeable bonds with higher investment value. In addition, the Fund will also
Expected winning bid rate and model pricing results of convertible bonds and exchangeable bonds, and actively participate in convertible bonds and exchangeable bonds
Purchase of new bonds.
（4） Stock investment strategy
The Fund adheres to the "bottom-up" strategy of individual stock selection, and through extensive selection of investment targets, it is multi-dimensional
Recognize the value of the subject matter, and focus on the research of competitive comparative advantage, large future growth space, and sustainable operation ability
Strong listed companies, combined with quantitative analysis and multiple value evaluation methods to conduct multi angle investment value points
Analysis.
(1) Qualitative selection of listed companies with competitive advantages
The qualitative analysis factors of the Fund include: a. the industrial chain position of the company; b、 Corporate innovation capability;
c、 The company's brand image and market reputation; d、 Corporate governance structure; e、 Financial status of the company, etc.
(2) Quantitative analysis
The Fund will conduct further quantitative analysis on the stocks selected qualitatively according to the above steps. The Fund adopts
Indexes taken include: market value ranking, return on net assets, ratio of net assets to market value (B/P), earnings per share
/Market price per share (E/P), annual cash flow/market value (C/P), sales revenue/market value (S/P), main business in the past two years
Compound growth rate of business income, compound growth rate of earnings per share in the past two years, etc.
(3) Stock valuation
The Fund will adopt different stock valuation models based on the different characteristics of the industry to which the stock belongs
Based on the historical, domestic and international relative valuation levels of the stock, the relative value of the enterprise is calculated
assessment.
(4) Stock investment strategy of Hong Kong Stock General Standard
The Fund will invest in the Hong Kong stock market through the interconnection mechanism between the mainland and the Hong Kong stock market. Base
Jin will make a systematic analysis on the stocks of Hong Kong Stock Standard, and focus on investing in Hong Kong in combination with the situation of Hong Kong stock market
Stocks of listed companies with core competitiveness at a reasonable price within the scope of stocks of SGCC.
(5) The Fund can invest in depositary receipts. The Fund will issue
Pedestrian fundamentals and other factors are selected through the combination of qualitative analysis and quantitative analysis
Invest in superior depositary receipts.
（5） Trading strategy of treasury bond futures
As a kind of interest rate derivatives, treasury bond futures can help manage the duration, liquidity and risk of bond portfolio
Risk level. The Fund will hedge in accordance with relevant laws and regulations and the principle of risk management
For the purpose of combining the judgment of macroeconomic situation and policy trend, the bond market is divided qualitatively and quantitatively
Analysis. Transactions related to treasury bond futures shall comply with laws and regulations and the provisions of the CSRC.
（6） Credit derivatives investment strategy
The Fund will, according to the investment strategy of the underlying bonds and other fixed income varieties held
Then, for the purpose of risk hedging, prudently carry out credit derivatives investment and reasonably determine the investment of credit derivatives
Amount, term, etc. At the same time, the Fund will strengthen the counterparties and creation mechanism of the Fund's investment in credit derivatives
Risk management, reasonably disperse the concentration of counterparties and establishment institutions
Conduct necessary due diligence and strict access control on the financial status, solvency and leverage level of the institution
Li.
（7） Fund investment strategy
For fund investment, the Fund invests in stock ETFs of the whole market and shares of the fund manager
Ticket funds and hybrid funds included in equity assets. Hybrid funds included in equity assets shall comply with
One of the following two conditions:
1. The investment proportion of shares and depositary receipts agreed in the fund contract shall not be less than 60% of the fund assets
Type fund;
2. According to the regular report disclosed by the Fund, shares and depositary receipts in any of the last four quarters
Hybrid funds whose assets account for no less than 60% of fund assets.
The Fund will combine quantitative analysis and qualitative analysis, from fund classification, long-term performance, attribution analysis
The fund manager and fund manager comprehensively evaluate and score the fund from five dimensions, and select the operation cooperation
Excellent funds with clear rules, clear style, good medium and long-term returns and low performance volatility are regarded as investment targets. this
In addition, the Fund will also, according to the asset allocation plan, integrate the cost of fund holding, liquidity and the requirements of relevant laws
It is required to further select the appropriate target portfolio from the fund pool.
In the future, according to the market situation, the Fund can adjust and update relevant investment strategies, and
Announcement in book update.
4、 Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The Fund's investment proportion in bonds shall not be less than 80% of the Fund's assets; The Fund is responsible for
Convertible bonds (excluding pure bonds of convertible bonds with separate transactions), exchangeable bonds, equity funds, hybrid
The total investment proportion of equity assets such as T-fund shall not exceed 20% of the fund assets, of which
The proportion of stock investment shall not exceed 50% of all stock assets; Hybrid funds included in the above equity assets need
Meet one of the following two conditions:
1) The investment proportion of shares and depositary receipts agreed in the fund contract shall not be less than 60% of the fund assets
Type fund;
2) According to the regular report disclosed by the Fund, shares and depositary receipts in any of the last four quarters
Hybrid funds whose assets account for no less than 60% of fund assets.
(2) At the end of each trading day, after deducting the trading margin required to be paid for treasury bond futures contracts,
Cash or government bonds with a maturity date of less than one year shall be kept at least 5% of the net asset value of the fund, of which,
Cash does not include provisions for settlement, deposits and subscription receivables;
(3) The Fund holds securities issued by a company (excluding fund shares invested by the Fund, the same as
A+H shares of a company listed both in China and Hong Kong), whose market value does not exceed the net asset value of the fund
10% of the value;
(4) All funds managed by the Fund Manager hold securities issued by a company (excluding the Fund)
The fund units invested, the total of A+H shares of the same company listed in China and Hong Kong), not
More than 10% of the securities;
(5) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10% of the net asset value of the Fund;
(6) The market value of all asset-backed securities held by the Fund shall not exceed the net asset value of the Fund
20%；
(7) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
10% of the size of the asset-backed securities;
(8) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(9) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(10) The maximum term for the Fund to enter the national inter-bank market for bond repurchase is one year
No extension is allowed after the maturity of the repurchase of bonds;
(11) The Fund's participation in treasury bond futures trading is based on the following criteria to construct a portfolio:
1) At the end of any trading day, the value of treasury bond futures contracts held shall not exceed the fund assets
15% of net worth;
2) At the end of any trading day, the value of the futures contracts for selling treasury bonds held by the Fund shall not exceed the value of the futures contracts for selling treasury bonds held by the Fund
30% of the total market value of bonds;
3) Market value and purchase
The total value of the sold treasury bond futures contract (calculated by netting) should conform to the proportion of bond investment in the fund contract
Relevant agreements of;
4) Transaction 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;
(12) The total assets of the Fund shall not exceed 140% of the net assets of the Fund;
(13) All open-ended funds managed by the Fund Manager (including open-ended funds and open funds
The holding of tradable shares issued by a listed company shall not exceed that of the listed company
15% of the outstanding shares; All investment portfolios managed by the Fund Manager hold shares issued by a listed company
The tradable shares shall not exceed 30% of the tradable shares of the listed company;
(14) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net asset value
15%； Other than fund managers due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size, etc
If the fund does not meet the limit of this proportion due to factors, the fund manager shall not actively increase the liquidity restricted assets
investment;
(15) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the fund contract
bring into correspondence with;
(16) The proportion limit of the Fund's investment in depositary receipts shall be subject to the shares listed and traded in China
Consolidated calculation of shares traded on internal listing;
(17) The Fund's participation in credit derivatives investment shall comply with the following investment proportion restrictions: The Fund shall not
Credit derivatives with the attribute of credit protection seller shall not hold contractual credit derivatives
The nominal principal of derivatives shall not exceed 100% of the face value of the Fund's corresponding protected bonds; The Fund invests in
The total nominal principal of various credit derivatives of the same credit protection seller shall not exceed the net asset value of the fund
10%； Due to fluctuations in the securities/futures market, mergers of securities issuers, changes in fund size and other fund managers
If the investment proportion of the Fund does not conform to the above investment proportion due to factors other than the above, the Fund Manager shall
Adjust within months;
(18) The Fund's investment proportion in publicly offered funds approved or registered by the CSRC according to law is not
More than 10% of the net asset value of the Fund;
(19) All funds (except ETF feeder funds) managed by the Fund Manager hold a single fund
May exceed 20% of the net assets of the invested fund, and the scale of the net assets of the invested fund is disclosed in the latest periodic report
Scale shall prevail;
(20) When the Fund invests in other funds, the operation period of the invested fund shall not be less than one year
The net assets of the Fund disclosed in the latest periodic report shall not be less than 100 million yuan;
(21) The Fund shall not hold fund shares with complex and derivative nature, including graded funds and
Other fund shares recognized by the CSRC;
(22) Other investment restrictions stipulated by laws and regulations, the CSRC and the fund contract.
Fund investment is caused by factors other than fund managers, such as fluctuations in the securities/futures market and changes in fund size
If the asset does not meet the proportion agreed in Item (19) above, the Fund Manager shall conduct the transaction within 20 trading days
Adjustment, except for special circumstances stipulated by the CSRC. In addition to (2), (14), (15), (17)
(19) In addition, due to fluctuations in the securities/futures market, mergers of securities issuers, changes in fund size and other fund management
Where the investment proportion of the Fund does not conform to the aforesaid investment proportion due to factors other than the Manager, the Fund Manager shall
The adjustment shall be made within 10 trading days, except for the special circumstances stipulated by the CSRC.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During this period, the investment scope and investment strategy of the Fund shall be consistent with that of the Fund
The same agreement. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of this Fund Contract
Start.
Laws and regulations or regulatory authorities cancel or change the above restrictions. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or the changed provisions.
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) Make capital contributions to its fund manager and fund custodian;
(5) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(6) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the controller or a company with a significant stake in it or securities underwritten during the underwriting period, or
Those engaged in other major related party transactions shall comply with the investment objectives and investment strategies of the Fund, and follow the
The principle of giving priority to the interests of shareholders, preventing conflicts of interest, establishing and improving the internal approval mechanism and evaluation mechanism
Implement according to fair and reasonable market price. Relevant transactions must be approved by the fund custodian in advance and in accordance with the law
Disclosure of regulations. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review, and shall be subject to two thirds
Approved by the independent directors on. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
Laws and regulations or regulatory authorities cancel or change the above restrictions. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the investment of the Fund will no longer be subject to the relevant restrictions or the changed provisions shall prevail.
5、 Performance Benchmark
The benchmark for performance comparison of the Fund is: the yield of China Bond comprehensive full price (total value) index * 90%+Shanghai and Shenzhen
300 index yield * 8%+Hang Seng index yield (adjusted by exchange rate) * 2%.
The comprehensive full price (gross value) index of China Bond is prepared by the Central Government Securities Depository and Clearing Co., Ltd
The bonds cover a comprehensive range and are widely representative of the market, covering major trading markets (inter-bank market
Exchange market, etc.), different issuers (governments, enterprises, etc.) and terms (long-term, medium-term, short-term, etc.),
It can well reflect the overall price level and change trend of China's bond market, and is suitable for investment in the Fund's bonds
Performance benchmark of assets. The CSI 300 Index is compiled by China Securities Index Co., Ltd. and is compiled by Shanghai and Shenzhen Securities
The market consists of 300 stocks with large market capitalization and good liquidity, which comprehensively reflects the listed stocks in China's A-share market
Overall price performance. The Hang Seng Index is compiled by Hang Seng Index Services Limited
The weighted average stock price index weighted by its issuance is negative
The most influential stock index reflecting the price range trend of Hong Kong stock market can reflect the performance of Hong Kong stock market
Good representativeness.
The Fund Manager believes that the performance benchmark can faithfully reflect the risk return characteristics of the Fund
Levy.
If the laws and regulations change in the future, or the index compilation unit stops compiling the index and changes the index name
It is said that there may be more authoritative and widely accepted performance benchmarks, or it may be published in the market
When it is more suitable for the performance benchmark of the Fund, the Fund Manager will negotiate with the Fund Custodian
To, the Fund may change the performance benchmark and make timely announcement after reporting to the CSRC for filing, without calling
Hold a general meeting of fund unit holders.
6、 Risk return characteristics
The Fund is a bond fund, and its long-term average risk and expected yield are theoretically lower than those of the stock based fund
Gold and hybrid funds, higher than money market funds. If the Fund's assets are invested in Hong Kong stocks, they will face
Under the Hong Kong Stock Connect mechanism, it is unique due to differences in investment environment, investment object, market system, trading rules, etc
Risk.
7、 Principles and methods for the Fund Manager to exercise the rights of shareholders or creditors on behalf of the Fund
1. The Fund Manager shall independently exercise the rights of shareholders or creditors on behalf of the Fund in accordance with the relevant provisions of the State, and ensure that
Protect the interests of fund share holders;
2. Do not seek to control the listed company;
3. It is conducive to the safety and appreciation of fund assets;
4. Not for itself, employees, authorized agents or any interested third party through connected transactions
People seek any improper benefits.
8、 Implementation and investment operation arrangement of side pocket mechanism
When the fund holds specific assets and there are or potential large redemption applications, protect the fund according to the maximum
The Fund Manager and the Fund Custodian have reached an agreement on the principle of the interests of unit holders and consulted the accounting firm
After the opinion of the Firm, the side pocket mechanism can be used in accordance with laws and regulations and the fund contract.
During the implementation of the side pocket mechanism, the agreed portfolio proportion, investment strategy, portfolio restrictions
The performance comparison benchmark, risk return characteristics and other agreements are only applicable to the main bag account.
Implementation conditions, implementation procedures, operation arrangements, investment arrangements and disposal changes of specific assets of side pocket accounts
See the provisions of the Prospectus for details of matters such as cash and payments that have a significant impact on investors' rights and interests.
Part XIII Assets of the Fund
1、 Total Fund Assets
The total value of fund assets is the value of various securities and notes owned by the fund, the shares of securities investment funds
The total value of the principal and interest of bank deposits, fund receivables and subscriptions, and other assets.
2、 Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
3、 Account of fund property
The Fund Custodian shall open capital accounts and securities accounts for the Fund in accordance with relevant laws, regulations and normative documents
And other special accounts required for investment. Special fund account opened, fund manager and fund custody
The property accounts owned by people, fund sales institutions and fund registration institutions and other fund property accounts are different
stand.
4、 Custody and disposal of fund assets
The assets of the Fund are independent of the assets of the Fund Manager, the Fund Custodian and the Fund Sales Agency, and
Custody by the gold custodian. The Fund Manager, the Fund Custodian, the Fund Registration Agency and the Fund Sales Agency shall
Some assets bear their own legal liabilities, and their creditors shall not apply for freezing or withholding of the Fund's assets
Pledge or other rights. The Fund property may not be disposed of except in accordance with laws and regulations and the Fund Contract.
The Fund Manager and the Fund Custodian were dissolved, dissolved or declared bankrupt according to law
In case of liquidation, the fund assets shall not belong to its liquidation assets. Assets of fund manager management and operation fund assets
The generated creditor's rights may not offset the debts generated by its inherent assets; Different bases for fund manager management and operation
The creditor's rights and liabilities arising from the fund assets of the fund shall not offset each other. Liabilities not due to the fund property itself,
It shall not enforce the fund assets.
Part XIV Valuation of Fund Assets
1、 Valuation date
The valuation date of the Fund is the trading date of the relevant securities exchange of the Fund and national laws and regulations
It is required to disclose the net value of the fund to the public on non trading days.
2、 Valuation object
Stocks, bonds, principal and interest of bank deposits, accounts receivable, asset-backed securities and national bonds owned by the Fund
Assets and liabilities such as futures, credit derivatives, securities investment fund shares and other investments.
3、 Valuation principles
When determining the fair value of relevant financial assets and financial liabilities, the Fund Manager shall comply with
Accounting Standards and relevant regulations of regulatory authorities.
（1） For investment varieties with an active market and the same quoted price of assets or liabilities
If there is a quotation on a daily basis, the quotation shall be applied to the fund without adjustment, except for the exceptions specified in the accounting standards
Fair value measurement of assets or liabilities. There is no quotation on the valuation date and there is no impact on fair value measurement after the latest trading day
In case of major events, the quoted price on the latest trading day shall be used to determine the fair value. There is sufficient evidence to indicate the valuation
If the quoted price on the latest trading day cannot truly reflect the fair value, the quoted price shall be adjusted to determine the fair value
Value.
The fair value of the same assets or liabilities shall be used if they are similar to the above investment varieties but have different characteristics
And consider the influence of different characteristic factors in the valuation technology. Feature refers to the sale or use of assets
If the limit is for the asset holder, the limit should not be made in the valuation technology
Consider the characteristics. In addition, the fund manager should not consider the risk of
Premium or discount.
（2） For investment varieties that do not have an active market, they should be suitable for the current situation and have enough
The fair value can be determined by using valuation techniques supported by data and other information. Use valuation techniques to determine fair price
The observable input value should be used preferentially, only when the observable input value of relevant assets or liabilities cannot be obtained
The unobservable input value can be used only when it is impracticable.
（3） In case of major changes in the economic environment or major events affecting the securities price of the securities issuer
If the impact of the potential valuation adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%
The valuation is adjusted and the fair value is determined.
4、 Valuation method
1. Securities (including stocks, etc.) listed on the stock exchange shall be listed on the stock exchange on the valuation date
Valuation of the market price (closing price) of the card; There is no transaction on the valuation date, and the economic environment has not changed since the most recent transaction date
In case of major changes or no major events that affect the securities price, the market price of the latest trading day
(closing price) valuation; If the economic environment has changed significantly after the recent trading day or the securities issuer has
In case of major events affecting the securities price, the current market price and major change factors of similar investment varieties can be referred to,
Adjust the market price of the latest transaction to determine the fair price.
2. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The new shares issued for stock dividend, conversion, allotment and public issuance shall be listed on the stock exchange on the valuation date
The valuation method of the same stock; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for valuation;
(2) For the initial public offering of unlisted shares, the fair value is determined using valuation techniques
If it is difficult to reliably measure the fair value, it shall be valued at cost;
(3) The shares with a certain period of restricted sale shall be specified at the time of issuance, including but not limited to non-public issuance of shares
During the initial public offering of shares, the company's shareholders offered shares to the public, and obtained shares with limited sales period through block trading
Notes, excluding tradable restricted stocks such as suspended trading, newly issued unlisted, pledged bonds in repurchase transactions, etc
The fair value is determined according to the relevant regulations of the governing body or industry association.
3. For non equity fixed income varieties that have been listed or listed for transfer (otherwise specified in the Fund Agreement
Except for), select the full valuation price of the corresponding varieties provided by the third-party valuation benchmark service agency on the valuation date
The specific valuation institution shall be separately agreed by the Fund Manager and the Fund Custodian through consultation.
4. For the fixed income varieties with rights that have been listed or listed for transfer (otherwise specified in the Fund Agreement
Except), select the unique valuation of the corresponding varieties provided by the third-party valuation benchmark service agency on the valuation date
Price or recommended valuation. For fixed income varieties including the investor's right to put back, exercise the right to put back
Select the corresponding products provided by the third-party valuation benchmark service agency between the resale registration date and the actual collection date
The full price of the unique or recommended valuation, taking full account of the issuer's credit risk changes
Value impact. If the right of resale is not exercised after the deadline (including the date) of the resale registration period
Should be valued.
5. For publicly issued convertible bonds listed and traded in the exchange market
For the bonds converted into equity, the closing price on the valuation date is selected as the full valuation price for the bonds subject to full price trading. Implement net
For bonds traded at, the full valuation price shall be the closing price on the valuation date plus the accrued interest per hundred yuan before tax.
6. For the fixed income varieties that are not listed or transferred without listing and have no active market
The fair value is determined by valuation techniques that are applicable under the previous circumstances and that are supported by sufficient available data and other information.
7. Where the same bond or stock is traded in two or more markets at the same time
The market is valued separately.
8. Valuation of Fund Units
(1) Valuation of unlisted funds
Domestic non money market funds are valued at their net share value on the valuation date.
(2) Valuation of listed funds
1) ETF funds are valued at their closing prices on the valuation date;
2) The valuation of domestic listed open-ended funds (LOFs) is based on the net value of their shares on the valuation date;
3) Domestic listed term open-ended funds and closed-end funds are valued at their closing prices on the valuation date.
(3) If the invested fund does not disclose the net value of the fund unit, converts or splits it, and fails to pay on the valuation date
Under special circumstances such as ease, the Fund Manager shall conduct valuation according to the following principles:
1) If the fund unit net value of the invested fund is used for valuation, if the valuation frequency of the invested fund and the fund
Consistent but unpublished net value of fund units on the valuation date, based on its recently published net value of fund units;
2) If the valuation is based on the closing price of the invested fund, if there is no transaction on the valuation date and the market after the latest trading day
If the environment has not changed significantly, the valuation shall be based on the closing price of the latest trading day; For example, the market environment after the latest trading day
In case of major changes, the latest net value of fund units can be used as the basis or reference to the current value of similar investment varieties
Market price and major change factors adjust the market price of the latest transaction to determine the fair value;
3) If there is dividend, conversion or split between the previous valuation date and the valuation date of the invested fund,
The Fund Manager shall, according to the net value or closing price of the Fund units, the amount of dividends per unit fund unit, and the conversion split ratio
For example, the fair value is reasonably determined by such factors as position shares.
(4) When the fund manager believes that the invested fund is valuated according to items (1) to (3) above
In case of unfairness, it shall reach an agreement with the Fund Custodian to adopt reasonable valuation techniques or standards to determine its equity
Allowable value.
9. The Fund's investment in inter-bank deposit receipts is valued according to the price data provided by a third-party valuation agency on the valuation date; choose
If the third party valuation agency fails to provide the valuation price, the valuation shall be based on the cost.
10. The treasury bond futures contracts held by the Fund are generally valued at the settlement price on the valuation date of the treasury bond futures contracts,
If there is no settlement price on the valuation date, and the economic environment has not changed significantly since the latest trading day, the latest payment shall be adopted
Valuation of daily settlement price. If laws and regulations provide otherwise in the future, such provisions shall prevail.
11. Time deposits or call deposits held by banks are listed as principal and calculated daily according to the agreement or contract interest rate
Accrue interest.
12. The valuation of the Fund's investment depositary receipts shall be carried out in accordance with the stocks listed and traded in China.
13. Credit derivatives are valued according to the valuation price of the day provided by the third-party valuation agency, but the fund management
The valuation responsibility that the manager should bear according to law should not be exempted by entrustment; The selected third-party valuation agency did not provide valuation
In case of value price, reasonable valuation techniques shall be adopted in accordance with relevant laws and regulations and the requirements of the Accounting Standards for Business Enterprises
Allowable value.
14. If the exchange rate between Hong Kong dollar and RMB is involved in the valuation calculation, the People's Bank of China shall
Or the central parity rate of RMB exchange rate published by its authorized institution. If the current valuation exchange rate of the Fund is no longer published or
In case of major changes or more fair and suitable valuation exchange rate for the Fund in the market
After reaching consensus with the Fund Custodian, the Fund can adjust the valuation exchange rate of the Fund according to the actual situation, without calling the basis
General meeting of gold share holders.
15. 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, estimate at the price that best reflects the fair value
Value.
16. In case of large purchase or redemption, the Fund Manager may adopt the swing pricing mechanism to
Ensure the fairness of fund valuation.
17. Tax: in accordance with Chinese laws and regulations and fund investment in domestic and overseas stock market transaction interconnection
The Fund will pay all taxes required by the laws and regulations of the place where the overseas trading place involved in the mechanism is located according to
Valuation on accrual basis; For the actual tax payment of the fund due to the adjustment of tax regulations or other reasons
If there is a difference between the estimated tax payable and the tax payable, the Fund will make a corresponding adjustment on the relevant tax adjustment date or the actual payment date
Valuation adjustments.
18. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there are new items,
Valuation according to the latest national regulations.
If the fund manager or the fund custodian finds that the fund valuation violates the valuation method and procedure specified in the fund contract
In case of the provisions of relevant laws and regulations or failure to fully protect the interests of fund share holders, it shall immediately notify
The other party shall jointly find out the cause, and the two parties shall solve it through consultation.
According to relevant laws and regulations, the obligations of the Fund Manager to calculate the net asset value of the Fund and to conduct financial accounting of the Fund are
Undertake. The Fund Manager shall be the main responsible party of the Fund accounting, and the Fund Custodian shall be responsible for the review,
Therefore, if the accounting issues related to the Fund are fully discussed by relevant parties on an equal basis
If no consensus can be reached, it shall be disclosed according to the calculation result of the fund manager on the net value of the fund
Cloth.
5、 Valuation procedures
1. The net value of various fund units is calculated by dividing the net asset value of such fund by the current
The daily balance of such fund units shall be calculated to the nearest 0.0001 yuan, and the fifth digit after the decimal point shall be rounded off,
The resulting errors are included in the fund assets. The fund manager can set the net value precision in the case of large redemption
Emergency adjustment mechanism. If laws and regulations, regulatory agencies and fund contracts provide otherwise, such provisions shall prevail.
The Fund Manager shall calculate the net asset value of the Fund and the net value of various fund units on each working day, and
Notice.
2. The Fund Manager shall evaluate the assets of the Fund every working day. However, according to laws and regulations, the Fund Manager
Or the suspension of valuation under the Fund Agreement. The Fund Manager's valuation of the Fund's assets on each working day
After that, the results of the NAV of the Fund and the NAV of various fund units will be sent to the Fund Custodian, who will reply
After verification, the Fund Manager shall publish it to the public as agreed.
6、 Handling of valuation errors
The Fund Manager and the Fund Custodian will take necessary, appropriate and reasonable measures to ensure the valuation of the Fund assets
Accuracy and timeliness. When the net value of any type of fund unit is within 4 decimal places (including the 4th decimal place)
If the valuation is wrong, it shall be deemed that the net value of such fund units is wrong.
The parties to this Fund Contract shall deal with it in accordance with the following provisions:
1. Type of valuation error
During the operation of the Fund, if the Fund Manager or the Fund Custodian, or the registration authority, or
If the error in valuation is caused by the fault of the selling institution or the investor itself, causing losses to other parties, the fault
The person responsible for the loss of the party ("the injured party") who suffered losses due to the valuation error shall
"Valuation error handling principle" shall pay compensation and bear compensation liability.
The main types of the above valuation errors include but are not limited to: data declaration errors, data transmission errors
According to the calculation error, system failure error, instruction error, etc.
2. Principles for handling valuation errors
(1) When the valuation error has occurred, but has not caused losses to the parties, the party responsible for the valuation error shall
Coordinate all parties to correct the valuation errors in a timely manner, and the costs arising from the correction of valuation errors shall be borne by the party responsible for the valuation errors;
If the party responsible for the valuation error fails to correct the valuation error that has occurred in time, causing losses to the party concerned
The party responsible for the value error shall be liable for compensation for the direct loss; If the responsible party for the valuation error has actively coordinated, and
If the party who has the obligation to assist has enough time to make corrections but fails to make corrections, it shall bear the corresponding liability for compensation
Ren. The party responsible for the valuation error shall confirm the correction to the relevant parties to ensure that the valuation error has been obtained
To correct.
(2) The party responsible for the valuation error shall be responsible for the direct losses of the parties concerned, not for the indirect losses,
And it is only responsible for the direct parties involved in the valuation error, not the third party.
(3) The party who has obtained the unjust enrichment due to the valuation error has the obligation to return the unjust enrichment in a timely manner.
However, the party responsible for the valuation error shall still be responsible for the valuation error. If the party who has obtained unjust enrichment does not return
Or the loss of interests of other parties caused by not returning all the unjust enrichment ("the injured party"), then the valuation error liability
Either party shall compensate the loss of the injured party, and within the scope of the compensation amount paid by it
The parties have the right to demand the delivery of unjust enrichment; If the party who has obtained unjust enrichment has excluded this part
When the profits are returned to the aggrieved party, the aggrieved party shall add the amount of compensation it has already received to the amount of improper
The difference between the total return of profits and its actual loss shall be paid to the party responsible for the valuation error.
(4) The adjustment of valuation errors shall be made in the way of recovering to the correct situation assuming no valuation errors.
3. Valuation error handling procedure
After the valuation error is found, the relevant parties shall deal with it in a timely manner, and the handling procedures are as follows:
(1) Find out the causes of valuation errors, list all parties involved, and
Determine the responsible party for the valuation error;
(2) Losses caused by valuation errors according to the principle of handling valuation errors or the method negotiated by the parties
Conduct evaluation;
(3) According to the principle of handling valuation errors or the method negotiated by the parties concerned, the party responsible for valuation errors shall
Correction and compensation of losses;
(4) If it is necessary to modify the transaction data of the fund registration agency according to the method of handling valuation errors
The gold registration authority shall make corrections and confirm the correction of valuation errors to the relevant parties.
4. The method for handling errors in the valuation of the net value of fund units is as follows:
(1) In case of any error in the calculation of the net value of fund units, the fund manager shall immediately correct it and notify
The Fund Custodian shall take reasonable measures to prevent further expansion of losses.
(2) When the error deviation reaches 0.25% of the net value of such fund units, the Fund Manager shall notify the Fund Manager that
The fund custodian shall also report to the CSRC for filing; When the error deviation reaches 0.5% of the net value of such fund units
The fund manager shall make an announcement and report to the CSRC for the record.
(3) When the calculation error of the net value of fund units causes losses to the funds and fund unit holders
In case of compensation, the Fund Manager and the Fund Custodian shall define the responsibilities of both parties according to the actual situation, and upon confirmation
The compensation shall be made according to the following terms:
① The Fund Manager shall be responsible for the accounting of the Fund. Accounting issues related to the Fund,
If no agreement can be reached after full discussion on the basis of equality between the two parties, it shall be implemented according to the proposal of the fund manager
The Fund Manager shall be responsible for making compensation for the losses caused to the Fund Unitholders and the Fund property.
② If the net value of fund units calculated by the Fund Manager has been reviewed and confirmed by the Fund Custodian and announced
If losses are caused to fund share holders, compensation shall be paid to investors or funds in accordance with laws and regulations
The Fund Manager and the Fund Custodian shall, according to the amount of compensation actually paid to investors or the Fund
Each degree shall bear corresponding responsibilities.
③ For example, the calculation results of the fund manager and the fund custodian on the net value of fund units, although recalculated many times
If no agreement can be reached, in order to avoid the situation that the net value of fund units cannot be announced on time
The calculation results of the Fund Manager shall be published to the public, and the losses caused to the Fund Unitholders and the Fund shall be determined by
The fund manager is responsible for compensation.
④ Due to the information error provided by the fund manager (including but not limited to the fund purchase or redemption amount),
The loss of fund share holders and fund assets resulting from the calculation error of the net value of fund shares shall be caused by
The fund manager is responsible for compensation.
(4) If the above contents are otherwise stipulated by laws and regulations or the regulatory authority, they shall be handled in accordance with their provisions.
7、 Suspension of valuation
1. The securities and futures trading market involved in the fund investment is suspended on statutory holidays or for other reasons
Business hours;
2. The Fund Manager and the Fund Custodian are unable to accurately assess the value of the Fund assets due to force majeure;
3. When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date
After confirmation, the Fund Manager shall suspend the valuation;
4. Other circumstances identified by laws and regulations, the CSRC and the fund contract.
8、 Recognition of net fund value
The fund manager is responsible for calculating the net asset value of the fund and the net value of various fund units, and the fund custodian is responsible for
Review. The Fund Manager shall calculate the net asset value of the Fund on each trading day and
The net value of Class A fund units shall be sent to the fund custodian. Issued after the Fund Custodian reviews and confirms the net value calculation results
It shall be sent to the fund manager, who shall publish the net value of the fund.
9、 Handling of special cases
1. Errors caused by the Fund Manager or the Fund Custodian when conducting valuation according to Item 15 of the valuation method
The difference is not treated as an error in the valuation of fund assets.
2. Due to force majeure, or sent by securities, futures exchanges, registration and clearing companies and other institutions
Data errors and other reasons not attributable to the Fund Manager and the Fund Custodian. Although the Fund Manager and the Fund Custodian have
If necessary, appropriate and reasonable measures are taken for inspection, but no error is found, the resulting fund funds
The Fund Manager and the Fund Custodian shall be exempted from liability for compensation in case of valuation error, but the Fund Manager and the Fund Custodian
People should actively take necessary measures to eliminate or mitigate the impact.
10、 Fund asset valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the main pocket account assets shall be valued and
Disclose the net asset value of the fund and the net share value of the main pocket account, and suspend the disclosure of the net share value of the side pocket account.
Part XV Fund Fees and Taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Fund sales service fees for Class C fund units;
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. Transaction and settlement fees for securities/futures/credit derivatives of the fund;
8. Bank transfer fees of the Fund;
9. Fund account opening fees and account maintenance fees;
10. Expenses of other funds arising from the fund's investment in other funds (including but not limited to subscription fees, redemption
Fees, sales service fees), except those prohibited by laws and regulations from being disbursed from fund assets;
11. All reasonable expenses arising from investment in Hong Kong stocks;
12. Other expenses that may be disbursed from the fund assets in accordance with the relevant provisions of the State and the provisions of the fund contract.
2、 Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The Fund will not receive management for the part of the Fund held in the Fund property that is managed by the Fund Manager itself
Fees. The management fee of the Fund shall be deducted from the net value of the Fund assets of the previous day by the Fund Manager
0.40% of the annual fee for the remaining part (if it is negative, E is taken as 0) after the net asset value corresponding to other fund units
Rate accrual. The management fee is calculated as follows:
H ＝ E × 0.40% ÷ 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 less other funds managed by the fund manager in the fund assets
The remaining part after the net asset value corresponding to the share; If it is a negative number, E is taken as 0
The fund management fee is calculated daily, accumulated to the end of each month day by day, and paid monthly
After the Fund Custodian has checked and found no error, the Fund Custodian shall, in the first 5 days of the next month
It shall be paid to the fund manager in a lump sum from the fund property within working days. In case of legal holidays, public holidays or
In case of force majeure, the payment date shall be postponed.
2. Custody fees of the Fund Custodian
The part invested by the Fund in the publicly offered securities investment fund under the custody of the Fund Custodian will not be collected
Custody fees. The custodian fee of the Fund shall be deducted from the net value of the Fund assets of the previous day by the custodian of the Fund
0.12% of the remaining part of the net asset value (if it is negative, E is taken as 0) corresponding to other fund units under management
The annual fee rate is withdrawn. The custody fee is calculated as follows:
H ＝ E × 0.12% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net value of the fund assets on the previous day less the fund assets held by the fund custodian
The remaining part of the net asset value corresponding to other fund units of; If it is a negative number, E is taken as 0
The fund custody fee is calculated daily, accumulated to the end of each month day by day, and paid monthly
After the Fund Custodian has checked and found no error, the Fund Custodian shall, in the first 5 days of the next month
One time withdrawal from the fund property within working days. In case of legal holidays, public holidays or force majeure,
The payment date shall be postponed.
3. Sales service fees for Class C fund units
There is no sales service fee for Class A fund units of the Fund, and annual sales service fee for Class C fund units
The rate is 0.40%. The calculation method of sales service fee is as follows:
H ＝ E × 0.40% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of Class C fund unit fund on the previous day
The sales service fee for Class C fund units is calculated daily, accumulated day by day to the end of each month, and paid monthly
After the Fund Manager and the Fund Custodian have checked and found no error, the Fund Custodian shall
In the first 5 working days of the next month, the method of one-time transfer from the fund property to the TA issued by the fund manager
In the clearing account, the fund manager shall, according to the payment cycle agreed in the consignment agreement signed with the sales institution
Transfer to the sales organization. In case of legal holidays, public holidays or force majeure, the payment date shall be postponed to the nearest
It can be paid on the payment day.
Items 4-12 of the above "I. Types of fund expenses" shall be paid according to relevant regulations and corresponding agreements
It is stipulated that the actual amount of expenses shall be included in the current expenses, which shall be paid by the Fund Custodian from the Fund assets.
The Fund Manager shall apply for the purchase of other funds (except ETF) under its own management by using the Fund property
Apply through direct marketing channels without charging subscription fees and redemption fees (according to relevant laws and regulations, the fund prospectus
Shall be charged and included in the redemption fees of the fund assets), sales service fees and other sales fees.
3、 Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. Expenses incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations or
Loss of fund property;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Other items that may not be included in the fund fees according to relevant laws and regulations and the relevant provisions of the CSRC
Objective.
4、 Fund expenses during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the expenses related to the side pocket account can be disbursed from the side pocket account, but
It can be disbursed only after the assets of the side pocket account are realized, and the relevant fees can be charged or reduced as appropriate, but cannot be charged
See the provisions of the Prospectus for details of fee management.
5、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations
that 's ok. The relevant taxes on the investment of fund assets shall be borne by the fund share holders and deducted by the fund manager or others
The payer shall withhold and remit the tax in accordance with the relevant provisions of the state on tax collection.
Part XVI Income and Distribution of the Fund
1、 Composition of fund profits
Fund profit refers to fund interest income, investment income, income from changes in fair value and other income deduction
The balance after relevant expenses. The realized income of the fund refers to the balance after the fund profit minus the income from changes in fair value
Eh.
2、 Profit available for distribution of the fund
The distributable profit of the fund refers to the undistributed profit and undistributed profit of the fund as of the base date of income distribution
The lower of the realized income.
3、 Principle of fund income distribution
1. The Fund may distribute its income on the premise that it meets the conditions for dividend distribution of relevant funds; If the fund is combined
The Fund may not distribute its income if it has been in effect for less than 3 months;
2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash
Cash dividends or reinvestment of cash dividends automatically into corresponding types of fund units; If investors do not choose
Yes, the default income distribution method of the Fund is cash dividends; Investors can pay for Class A and Class C fund shares
Select different dividend methods; Only one fund share of the same type held by the same investor can be selected
Dividend method; For fund units whose income distribution method is dividend reinvestment, each fund unit's dividend reinvestment
The starting date of the shortest holding period and the expiration date of the shortest holding period of the shares obtained by the capital are the same as the original shares;
3. After the distribution of fund income, the net value of various fund units cannot be lower than the par value; That is, the benchmark of fund income distribution
The net value of any type of fund unit on the day minus the income distribution amount of each unit of such type of fund unit cannot be lower than
Value;
4. Each fund unit in the same category of the Fund has the same right of distribution
No sales service fee is charged for units, and sales service fee is charged for Class C fund units
The profit available for distribution will be different;
5. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Provided that it does not violate laws and regulations and has no material adverse impact on the interests of fund share holders,
The Fund Manager may adjust the relevant business rules for the distribution of fund income, and this adjustment does not require the convening of a base
The general meeting of gold share holders shall be announced on the specified media before the implementation date of the adjustment.
See the announcement issued by the Fund Manager at that time for the distribution proportion of each income of the Fund.
4、 Income distribution scheme
The fund income distribution plan shall specify the distributable profits and fund receipts as of the base date of income distribution
The distribution object, distribution time, distribution amount and proportion, distribution method, etc.
5、 Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian
The relevant provisions of the Information Disclosure Measures are announced in the specified media.
6、 Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. When
The cash dividends of fund share holders are less than a certain amount, which is insufficient to pay bank transfer or other handling fees
The fund registration authority may automatically convert the cash dividends of fund share holders into corresponding fund shares
Eh. The calculation method of dividend reinvestment shall be implemented in accordance with the Business Rules.
7、 Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not carry out income distribution. See the prospectus for details
Definitely.
Part XVII Accounting and Audit of the Fund
1、 Fund accounting policy
1. The Fund Manager is the main responsible party of the Fund's accounting, and the Fund Custodian is responsible for the review;
2. The accounting year of the Fund is from January 1 to December 31 of the Gregorian calendar year; Fund raised for the first time
The accounting year shall follow the following principles: if the Fund Contract takes effect less than 2 months, it can be incorporated into the next accounting year
Annual disclosure;
3. The bookkeeping base currency for fund accounting is RMB yuan, and the bookkeeping unit is RMB yuan;
4. The accounting system shall implement the relevant national accounting system;
5. The Fund establishes accounts and accounts independently;
6. The Fund Manager and the Fund Custodian shall respectively keep complete accounting accounts and vouchers and conduct daily
Accounting and preparation of fund accounting statements in accordance with relevant regulations;
7. The Fund Custodian shall check with the Fund Manager on the accounting and statement preparation of the Fund every month
And confirmed in writing.
2、 Annual audit of the Fund
1. The Fund Manager's engagement of mutual independence with the Fund Manager and the Fund Custodian is consistent with the requirements of the People's Republic of China
The annual financial statements of the Fund prepared by the accounting firm and its certified public accountants as prescribed by the Securities Law of the Republic of China
Bank audit.
2. 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. more
The change of accounting firm shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
Part XVIII Fund Information Disclosure
1、 The information disclosure of the Fund shall comply with the Fund Law, the Operating Measures, the Information Disclosure Measures
Liquidity Risk Management Regulations, fund contracts and other relevant regulations. Relevant laws and regulations about information
In case of any change in the disclosure method, publishing media, reporting method and other provisions, the Fund shall comply with its latest provisions.
2、 Information disclosure obligor
The information disclosure obligors of the Fund include the Fund Manager, the Fund Custodian and the convening fund unit holders
Natural persons, legal persons and non -
Legal organization.
The information disclosure obligor of the Fund takes the protection of the interests of fund share holders as the fundamental starting point, and in accordance with the law
Disclose fund information in accordance with regulations and the provisions of the CSRC, and ensure the authenticity, accuracy and
Completeness, timeliness, simplicity and accessibility.
The information disclosure obligor of the Fund shall, within the time specified by the CSRC, submit the fund letter that should be disclosed
National newspapers and periodicals (hereinafter referred to as "regulated newspapers and periodicals") that meet the requirements of the CSRC and
Internet websites (hereinafter referred to as "regulated websites") and other media as specified in the Measures for Information Disclosure, and guarantee that
Fund investors can consult or copy publicly disclosed information at the time and in the manner agreed in the fund contract
Information.
3、 The Fund information disclosed by the Fund Information Disclosure Obligor shall not commit the following acts:
1. False records, misleading statements or major omissions;
2. 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 fund
The obligor of information disclosure shall ensure that the contents of different texts are consistent. In case of ambiguity between different texts
The text shall prevail.
The information publicly disclosed by the Fund shall be in Arabic numerals; Unless otherwise specified, the currency unit is RMB
Yuan.
5、 Publicly disclosed fund information
The publicly disclosed fund information includes:
（1） Fund prospectus, fund contract, fund custody agreement, fund product information summary
1. The fund contract defines the rights and obligations of the parties to the fund contract and defines the fund shares
The rules and specific procedures for the holding of the general meeting of the holders, stating that the characteristics of the fund products, etc., involve major issues of the fund investors
Legal documents on matters of interest.
2. The prospectus of the fund shall disclose to the maximum extent all matters affecting the decisions of the fund investors,
Explain fund subscription, purchase and redemption arrangements, fund investment, fund product characteristics, risk disclosure and information disclosure
Disclose the services of fund share holders. After the Fund Contract comes into effect, the information in the Fund Prospectus occurs
In case of major changes, the Fund Manager shall update the Fund Prospectus and publish it in the Regulations within three working days
On the website; If other information in the prospectus changes, the fund manager shall update it at least once a year.
If the Fund terminates its operation, the Fund Manager will no longer update the Prospectus of the Fund.
3. The Fund Custody Agreement defines the fund custodian and the fund manager in the custody of the fund property and the operation of the fund
Legal documents on rights and obligations in supervision and other activities.
4. The fund product information summary is a summary document of the fund prospectus, which is used to provide investors with a brief summary
General information of the fund. After the fund contract takes effect, the information in the fund product information summary has changed significantly,
The fund manager shall, within three working days, update the summary of fund product information and publish it on the prescribed website and
Website or business outlet of fund sales agency; In case of any change in other information of the fund product information summary
The manager shall be updated at least once a year. If the fund terminates its operation, the fund manager will no longer update the fund product information
Yes.
After the application for fund raising is registered with the CSRC, the fund manager shall
A few days ago, the Fund Unit Offering Announcement, the Fund Prospectus Advisory Announcement and the Fund Contract Advisory Announcement
Publish in the required newspapers and periodicals, and publish the fund unit sale announcement, fund prospectus, fund product information summary
The fund contract and fund custody agreement are published on the specified website, and the summary of fund product information is published on the fund
Website or business outlet of sales agency; The fund custodian shall simultaneously publish the fund contract and the fund custody agreement
On the website.
（2） Fund Unit Offering Announcement
The Fund Manager shall prepare an announcement on the sale of fund units on the specific matters concerning the sale of fund units, and
The prospectus was published on the specified media on the day of disclosure.
（3） Announcement on the Effectiveness of the Fund Contract
The fund manager shall publish the fund on the prescribed media on the day after receiving the confirmation document from the CSRC
Contract effectiveness announcement.
（4） Net fund value information
After the Fund Contract comes into force and before starting to handle the subscription or redemption of fund units, the Fund Manager shall
Disclose the net value of various fund units and the accumulated net value of fund units less than once a week on the specified website.
After starting to handle the subscription or redemption of fund units, the fund manager shall
On the next day of, disclose all kinds of funds on the open day through the specified website, fund sales agency website or business outlets
Net value of units and cumulative net value of fund units.
The Fund Manager shall disclose the information on the prescribed website no later than the next day after the last day of the half year and the year
Net value of various fund units and accumulated net value of fund units on the year and the last day of the year.
（5） Subscription and redemption price of fund units
The Fund Manager shall upload the application for fund shares in the fund contract, prospectus and other information disclosure documents
Calculation method of purchase and redemption price and relevant purchase and redemption rate, and ensure that investors can sell funds
The website or business outlet of the institution looks up or copies the above information.
（6） Regular reports of the Fund, including annual reports, interim reports and quarterly reports of the Fund
The Fund Manager shall complete the annual report of the Fund within three months from the end of each year
The annual report is published on the specified website, and the advisory announcement of the annual report is published on the specified newspaper. Fund year
The financial accounting report in the report shall be certified by an accountant who complies with the Securities Law of the People's Republic of China
Audit by the firm.
The Fund Manager shall, within two months from the end of the first half of the year, prepare the interim report of the Fund and
The interim report is published on the specified website, and the suggestive announcement of the interim report is published on the specified newspaper.
The Fund Manager shall complete the quarterly report of the Fund within 15 working days from the end of the quarter,
Publish the quarterly report on the specified website, and publish the suggestive announcement of the quarterly report on the specified newspaper.
If the Fund Contract takes effect less than two months ago, the Fund Manager may not prepare the current quarterly report
Periodic report or annual report.
In the report period, if a single investor holds 20% or more of the total fund shares
In order to protect the rights and interests of other investors, the fund manager shall at least report regularly on "influencing investors' decisions"
The category, holding shares and proportion at the end of the reporting period, and report of the investor are disclosed under "Other important information of the policy"
Changes in shares held during the period and the unique risks of the Fund, except for special circumstances recognized by the CSRC.
The fund manager shall disclose the fund portfolio assets and their
Liquidity risk analysis, etc.
（7） Interim report
In the event of a major event of the Fund, the relevant information disclosure obligor shall, in accordance with the provisions of the Measures for Information Disclosure
The temporary report shall be prepared according to the relevant regulations and published on the specified newspapers and websites.
The term "major event" as mentioned in the preceding paragraph refers to the possible impact on the rights and interests of fund unit holders or the price of fund units
The following events with significant impact:
1. The convening and decisions of the general meeting of fund share holders;
2. Terminate the fund contract and liquidate the fund;
3. Conversion of fund operation mode and fund merger;
4. Change of fund manager, fund custodian, fund share registration agency, and change of fund accounting firm
Office;
5. The fund manager entrusts the fund service agency to handle the registration, accounting and valuation of fund shares on its behalf
Matters: the Fund Custodian entrusts the Fund Service Institution to handle the accounting, valuation, review and other matters of the Fund on its behalf;
6. The legal names and addresses of the Fund Manager and the Fund Custodian have changed;
7. The Fund Manager changes the actual control of shareholders holding more than 5% of the equity and the Fund Manager
Person change;
8. The fund raising period is extended or the fund raising is terminated in advance;
9. Senior management of the fund manager, fund manager and special fund custody department of the fund custodian
The person in charge changes;
10. If the directors of the Fund Manager have changed by more than 50% in the last 12 months, the Fund Manager
The main business personnel of the special fund custody department of the fund custodian have changed by more than one percent in the last 12 months
Thirty;
11. Litigation or arbitration involving fund property, fund management business and fund custody business;
12. The fund manager or its senior managers and fund managers are subject to
Major administrative punishment and criminal punishment, and the fund custodian or the head of its special fund custody department
Business related behaviors are subject to major administrative and criminal penalties;
13. The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the actual controller or a company that has a major interest relationship with it or certificates underwritten during the underwriting period
Securities, or other major related party transactions, unless otherwise stipulated by the CSRC;
14. Fund income distribution matters;
15. Accrual standard and accrual of management fee, custody fee, sales service fee, subscription fee, redemption fee, etc
Changes in methods and rates;
16. The valuation error of the net value of any type of fund unit reaches 0.5% of the net value of such type of fund unit;
17. The Fund begins to handle subscription and redemption;
18. The Fund is redeemed in large amount and postponed;
19. The Fund has successively made major redemptions and suspended the acceptance of redemption applications or deferred the payment of redemption funds;
20. The Fund suspends accepting subscription and redemption applications or re accepts subscription and redemption applications;
21. Major events involving adjustment of fund subscription and redemption events or potential impact on investors' redemption occur;
22. The Fund launches new businesses or services;
23. The Fund Manager adopts the swing pricing mechanism for valuation;
24. If the Fund Agreement continues to exist three years after it comes into effect, it will come out for 30, 40 or 45 consecutive working days
The number of current fund unit holders is less than 200 or the net asset value of the fund is less than 50 million yuan;
25. Adjust the setting of fund share categories;
26. The price that the Fund Information Disclosure Obligor believes may be paid to the rights and interests of Fund Unitholders or Fund Units
Other matters that have a significant impact or other matters specified by the CSRC or agreed in the fund contract.
（8） Clarification announcement
During the duration of the Fund Agreement, any news appearing in any public media or circulating in the market may
It can have a misleading impact on the price of fund units or cause large fluctuations and may damage the holding of fund units
If someone has rights and interests, the relevant information disclosure obligor shall immediately make public clarification on the information after it is known.
（9） Resolution of the general meeting of fund share holders
The matters decided by the general meeting of fund unit holders shall be reported to the CSRC for record and announced in accordance with the law.
（10） Liquidation report
If the fund contract is terminated, the fund manager shall organize a fund assets liquidation team to conduct a review of the fund assets in accordance with the law
Bank liquidation and make liquidation report. The fund assets liquidation team shall publish the liquidation report on the specified website,
And publish the suggestive announcement of the liquidation report on the prescribed newspapers and periodicals.
（11） Information disclosure of participating in treasury bond futures trading
Where the Fund participates in treasury bond futures trading, the Fund Manager shall submit quarterly reports, interim reports and annual reports
The report and other regular reports and the prospectus (update) and other documents disclose the trading of treasury bond futures, including trading
Policies, positions, profits and losses, risk indicators, etc., and fully reveal the impact of treasury bond futures trading on the overall fund
The impact of risk and whether it conforms to the established trading policies and objectives.
（12） Information disclosure of investment asset-backed securities
The Fund Manager shall disclose the total amount of asset-backed securities held by it in the Fund's annual report and interim report
Amount, the proportion of market value of asset-backed securities in the net assets of the fund and the description of all asset-backed securities during the reporting period
Thin. The Fund Manager shall disclose the total amount of asset-backed securities and asset-backed securities held by it in the quarterly report of the Fund
The proportion of the market value of securities in the net assets of the fund and the ranking by the proportion of the market value in the net assets of the fund at the end of the reporting period
Details of the top 10 asset-backed securities.
（13） Information disclosure of participating in Hong Kong Stock Connect transactions
Where the Fund participates in Hong Kong Stock Connect transactions, the Fund Manager shall submit quarterly reports, interim reports and annual reports
Relevant information about participation in Hong Kong Stock Connect transactions is disclosed in the regular reports, prospectus (update) and other documents.
（14） Information disclosure of investment depositary receipts
The information disclosure of the Fund's investment in depositary receipts shall be subject to the domestic listed stocks.
（15） Information disclosure of investment credit derivatives
Where the Fund invests in credit derivatives, the Fund Manager shall submit quarterly reports, interim reports and annual reports
Such as regular reports and prospectuses (updates), etc
Including investment strategies, positions, etc., and fully revealing the impact of investment in credit derivatives on the overall risk of the fund,
And whether it conforms to the established investment objectives and strategies.
（16） Information disclosure of fund investment fund shares
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports and prospectuses
New) and other documents disclose the following relevant information of the fund held and disclose relevant risks, including (1) investment policy
Policy, position, profit and loss, net value disclosure time, etc. (2) Costs incurred in trading and holding funds,
Including subscription fee, redemption fee, sales service fee, management fee, trusteeship fee, etc., which shall be listed in the prospectus
Calculation method and examples. (3) Major events affecting the funds held by the Fund, such as conversion operation
Method, merger with other funds, termination of fund contracts, and convening of fund share holders' meetings. (4) This
The Fund's investment in funds managed by the Fund Manager and its related parties.
（17） Information disclosure during the implementation of the side pocket mechanism
Where the Fund implements the side pocket mechanism, relevant information disclosure obligors shall, in accordance with laws, regulations and fund contracts
And the prospectus. See the prospectus for details.
（18） Report on subscription shares of initiating funds
The Fund Manager shall, in accordance with the provisions of relevant laws and regulations
The report, interim report and quarterly report respectively disclose the inherent capital of the fund manager and the shares held by the shareholders of the fund manager
There are fund shares, duration and changes during the period.
（19） 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, designate special departments and
Senior management is responsible for managing information disclosure.
The public disclosure of fund information by the fund information disclosure obligor shall comply with the relevant fund information of the CSRC
The disclosure content and format standards and other regulations.
The Fund Custodian shall, in accordance with the relevant laws and regulations, the provisions of the CSRC and the provisions of the Fund Contract,
The net asset value of the fund, the net value of various fund units, the purchase and redemption price of fund units
Fund periodic report, updated prospectus, summary of fund product information, fund liquidation report, etc
The disclosed relevant fund information shall be reviewed and verified, and confirmed in writing or electronically to the fund manager.
The Fund Manager and the Fund Custodian shall select the newspapers to disclose information among the prescribed newspapers. fund management
The person and the fund custodian shall submit the fund information to be disclosed to the fund electronic disclosure website of the CSRC, and
Ensure that the information submitted is true, accurate, complete and timely.
The Fund Manager and the Fund Custodian may, in addition to disclosing information on the prescribed media according to law
Disclose information in other public media, but other public media shall not disclose information earlier than the specified media, and
The content of the same information disclosed on different media shall be consistent.
Special purpose of issuing audit report and legal opinion for the fund information publicly disclosed by the fund information disclosure obligor
The business institution shall prepare working papers and keep relevant files for at least 10 years after the termination of the fund contract.
7、 Storage and reference of information disclosure documents
After the release of the information that must be disclosed according to law, the Fund Manager and the Fund Custodian shall comply with the relevant laws and regulations
The regulations require that information be kept in their respective residences for public reference and reproduction.
8、 Suspension or delay of information disclosure
The Fund Manager and the Fund Custodian may suspend or delay the disclosure of fund related letters in the following circumstances
Information:
1. Force majeure;
2. Valuation suspension occurs;
3. Other circumstances stipulated by laws and regulations, recognized by the CSRC or the fund contract.
Part XIX Change and Termination of Fund Contract and Liquidation of Fund Assets
1、 Change of Fund Contract
1. The change of fund contract involves the provisions of laws and regulations or the fund contract shall be held by fund units
If a resolution is adopted by the National People's Congress, a general meeting of fund share holders shall be convened to adopt the resolution. For laws and regulations
Matters that may not be passed by the resolution of the general meeting of fund share holders as stipulated in the regulations and the fund contract shall be handled by the fund manager
And the Fund Custodian, and report to the CSRC for filing.
2. The resolution of the general meeting of fund share holders on the change of the fund contract shall not be implemented until it becomes effective, and
After the resolution takes effect, it shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
2、 Reasons for termination of the Fund Agreement
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the fund contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
3、 Liquidation of fund assets
1. Fund asset liquidation group: established within 30 working days from the date of termination of the fund contract
The liquidation group and the fund manager shall organize the fund assets liquidation group and conduct the fund under the supervision of the CSRC
Liquidation.
2. Composition of the Fund assets liquidation group: the members of the Fund assets liquidation group are the Fund Manager and the Fund Custodian
Custodians, certified public accountants and lawyers with securities and futures related business qualifications, and those designated by the CSRC
Personnel composition. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund contract, the Fund Assets Liquidation Team shall take over the Fund in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets is six months, but the liquidity of the securities held by the Fund is limited
If it cannot be realized in time, the liquidation period shall be postponed accordingly.
4、 Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation
The liquidation expenses shall be paid from the fund assets by the fund assets liquidation group in priority.
5、 Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the Fund assets from the Fund according to the distribution plan for the liquidation of the Fund assets
After property liquidation expenses, payment of taxes owed and settlement of fund debts, each fund share shall
The proportion of net asset value determines the distribution proportion of the remaining assets in various fund units, and
Proportion of fund units held by fund unit holders within each unit category within the scope of distributable residual property
Allocate.
6、 Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The liquidation report of the fund assets is in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted
The CSRC shall record and announce. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report for filing
The Fund Assets Liquidation Group shall make a public announcement within 5 working days after the case, and the Fund Assets Liquidation Group shall liquidate
The report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper.
7、 Preservation of fund assets liquidation books and documents
The fund asset liquidation account book and relevant documents shall be kept by the fund custodian not less than
Low deadlines.
Part XX Liability for Breach of Contract
1、 The Fund Manager and the Fund Custodian violate the Fund Law in the process of performing their respective duties
The provisions of laws and regulations or the fund contract have caused damage to the fund assets or fund unit holders
Shall be liable for compensation according to law for their respective acts; Fund property or fund due to joint act
If the unit holder causes damage, he shall bear joint and several liability for compensation, and the compensation for the loss shall be limited to direct loss
Loss. 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 comply with the then effective laws and regulations or the regulations of the CSRC
Losses caused by acts or omissions;
3. Losses incurred by the Fund Manager due to the exercise or non exercise of its investment rights in accordance with the provisions of the Fund Contract
Etc.
2、 To protect the interests of fund share holders to the greatest extent in the event of breach of contract by one or more parties
If the fund contract can continue to be performed, it shall continue to be performed. Duty of non defaulting party
The enclosure is obliged to take necessary measures in time to prevent the expansion of losses. Loss due to failure to take appropriate measures
In case of further expansion, no claim shall be made for compensation for the expanded losses. Expenses incurred by the non defaulting party to prevent the loss from expanding
The reasonable expenses shall be borne by the defaulting party.
3、 Due to factors beyond the control of the Fund Manager and the Fund Custodian, business errors occur
Although the Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures for inspection, they fail to
The Fund Manager and the Fund Custodian will be exempted from compensation for the loss of the Fund property or investors caused by the discovery of errors
Liability. However, the Fund Manager and the Fund Custodian shall actively take necessary measures to eliminate or mitigate this
The impact of success.
Part XXI Dispute Settlement and Applicable Law
The parties agree that all disputes arising from or in connection with the Fund Contract, if
If no settlement can be reached through friendly negotiation, either party has the right to submit the dispute to China International Economic and Trade Arbitration Commission
Yes, the arbitration shall be conducted in accordance with the then effective arbitration rules of the Commission. The place of arbitration shall be Beijing. The arbitral award shall be final
It is local and binding on all parties. Unless otherwise specified in the arbitration award, the arbitration fee shall be borne by the losing party
Dan.
During the dispute settlement period, the Fund Manager and the Fund Custodian shall strictly abide by their respective responsibilities and continue to be faithful and diligent
To diligently and responsibly perform the obligations specified in the Fund Agreement and safeguard the legitimate rights and interests of Fund Unitholders.
The Fund Contract shall be governed by the laws of China (for the purpose of this Fund Contract, excluding the laws of Taiwan, Hong Kong and Macao)
Law) shall govern and be interpreted accordingly.
Part XXII Effect of Fund Contract
A fund contract is a legal document that stipulates the rights and obligations between the parties to the fund contract.
1. The Fund Contract shall be sealed by the Fund Manager and the Fund Custodian with the official seal or special seal for contract and
The legal representative or authorized representative shall sign or seal and the fund manager shall report to the CSRC
Go through the fund filing procedures and take effect after being confirmed in writing by the CSRC.
2. The term of validity of the Fund Contract shall be from the date of its entry into force to the date when the liquidation results of the Fund assets are reported to the CSRC for recordation
The case shall be announced at the same time.
3. The Fund Contract shall, as of the effective date, hold shares of the Fund Manager, the Fund Custodian and the Fund Units
The parties to the fund contract, including the person, shall have the same legal binding force.
4. The original of the fund contract is in triplicate. In addition to submitting one copy to the relevant regulatory authority, the fund manager
The Fund Custodian shall hold one copy each with the same legal effect.
5. The fund contract can be printed in a volume for investors to register with the fund manager, fund custodian and sales agency
For office and business premises.
Part XXIII Other Matters
Any matters not covered in the fund contract shall be settled by the parties to the fund contract through consultation in accordance with relevant laws and regulations.
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
An investor who acquires fund units in accordance with the fund contract becomes the fund unit holder and a party to the fund contract
Until he no longer holds the fund shares of the Fund. As a party to the fund contract, the fund share holder does not
It is necessary to sign or seal the fund contract in writing.
Each fund unit of the same category has the same legal rights and interests.
1. In accordance with the Fund Law, the Operation Measures and other relevant provisions, the rights package of fund share holders
Including but not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Transferring or applying for redemption of fund units held by them according to law, or initiating fund units subscribed by funds
Redemption shall comply with the provisions of the Fund Contract;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint representatives to attend the general meeting of fund unit holders and review the general meeting of fund unit holders
Exercise the right to vote on the agenda items;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) To damage the lawful rights and interests of the fund manager, fund custodian and fund service institution in accordance with the law
Initiate litigation or arbitration;
(9) The term for the initiator to hold the fund units subscribed by the initiator shall be from the effective date of the fund contract
Not less than 3 years;
(10) 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
Including but not limited to:
(1) Carefully read and abide by the fund contract, prospectus, fund product information summary and other information disclosure
Documents;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the investment price of the fund
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription funds and the fees prescribed by laws, regulations and the fund contract;
(5) To bear limited liability for fund losses or termination of fund contracts within the scope of fund units held by them
Ren;
(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) The term for the initiating fund provider to hold the fund units subscribed with the initiating fund is from the fund contract
Not less than 3 years from the effective date;
(10) According to the requirements of anti money laundering laws and regulations, provide the fund manager and fund sales agency with basic identity
Information and relevant supporting documents, cooperate with the fund manager and fund sales agency to conduct due diligence on anti money laundering matters
Check;
(11) 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 Operating Measures and other relevant provisions, the rights of the Fund Manager include:
Not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Agreement, the Fund shall be independently used and managed in accordance with laws, regulations and the Fund Agreement
Property;
(3) To collect fund management fees in accordance with the fund contract, and to collect fund management fees as required by laws and regulations or approved by the CSRC
Other expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Agreement and relevant laws and regulations
The fund contract and relevant national laws and regulations shall be reported to the CSRC and other regulatory authorities, and necessary measures shall be taken
Measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency;
(9) Act as or entrust other qualified institutions to act as fund registration agencies to handle fund registration business and
Obtain the fees specified in the fund contract;
(10) Decide on the distribution plan of fund income in accordance with the fund contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription and redemption applications within the scope agreed in the fund contract;
(12) Exercising shareholders, creditors or fund shares of the invested company for the benefit of the fund in accordance with laws and regulations
The right of the holder to exercise the right arising from the investment of fund assets in securities and securities investment funds for the benefit of the Fund
Benefit;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) In the name of the Fund Manager, on behalf of the interests of the Fund Unitholders, exercise the right of litigation
Performing other legal acts;
(15) Selection and replacement of law firms, accounting firms, securities brokers, futures brokers or their
External institutions that provide services for the Fund;
(16) Formulate and adjust relevant fund subscription, subscription and redemption on the premise of compliance with relevant laws and regulations
Business rules for return, conversion and non transaction transfer;
(17) According to the requirements of anti money laundering laws and regulations, in view of the high money laundering risk of fund share holders
Take strengthening measures (including strengthening monitoring, control and other measures on relevant accounts and transactions of fund share holders),
Manage and reduce risks;
(18) According to the Personal Information Protection Law and relevant laws and regulations on anti money laundering
Processing personal information of fund share holders and anti money laundering by means of processing, transmitting, providing, publishing, deleting, etc
Information, and provide sufficient assistance for the custodian to carry out anti money laundering work according to law;
(19) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include but
Not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC as the basis for handling
Sale, subscription, redemption and registration of gold units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Contract, the Fund shall be managed and applied in the principle of good faith, prudence and diligence
Gold property;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making
Mode of operation Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems to ensure
The fund property managed by the stock exchange and the property of the fund manager are independent of each other, and they manage different funds under their management separately
Manage, keep separate accounts, and invest in securities;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used to
If he or any third person seeks benefits, he or she shall not entrust any third person to operate the fund property;
(7) Accept the supervision of the Fund Custodian according to law;
(8) The party that takes appropriate and reasonable measures to calculate the subscription, purchase, redemption and cancellation prices of fund units
The law complies with the provisions of the fund contract and other legal documents, calculates and publishes the net asset value of the fund in accordance with the relevant provisions, and determines the basis
The price of subscription and redemption of gold shares;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report of the Fund;
(11) Perform information disclosure and reporting in strict accordance with the Fund Law, the Fund Contract and other relevant provisions
Obligation to sue;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. In addition to the Fund Law
Unless otherwise specified in the fund contract and other relevant provisions, the fund information shall be kept confidential and shall not be disclosed to others
Disclosure, but in order to comply with and obey the court judgment or ruling, arbitration award or the order of the CSRC and other regulatory agencies
Except for decisions and provision to external professional consultants such as audit and legal consultants;
(13) Determine the fund income distribution plan as agreed in the fund contract and distribute it to fund share holders in a timely manner
Fund income;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene a general meeting of fund unit holders in accordance with the Fund Law, the Fund Contract and other relevant provisions; or
Cooperate with the Fund Custodian and Fund Unitholders to convene a general meeting of Fund Unitholders in accordance with the law;
(16) Keep accounting books, statements, records and other relevant information of fund property management business activities as required
The data shall not be less than the minimum period stipulated by laws and regulations;
(17) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and ensure that
The securities investors can check the public funds related to the fund at any time according to the time and method specified in the fund contract
And obtain copies of relevant materials at reasonable cost;
(18) Organize and participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation and change of fund assets
Present and distribution;
(19) In case of dissolution, cancellation or bankruptcy according to law, timely report to the CSRC and
Notify the Fund Custodian;
(20) Loss of fund assets or damage to the legitimate rights and interests of fund share holders due to violation of the fund contract
Shall be liable for compensation, and his liability for compensation shall not be exempted by his retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the custodian violates the fund contract and causes losses to the fund property, the fund manager shall pay
Fund custodian recovery;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the fund to the third party
Take responsibility for the conduct of affairs;
(23) In the name of the Fund Manager, on behalf of the Fund Unitholders, exercise litigation rights or implement other
Legal act;
(24) The Fund Manager fails to meet the filing conditions for the Fund during the offering period, and the Fund Contract cannot take effect,
The Fund Manager shall bear all the raising expenses, and pay the raised funds in the Fund together with the interest of current deposit of the bank for the same period
Return to the fund subscriber within 30 days after the end of the offering period;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
（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
Not limited to:
(1) From the effective date of the fund contract, the fund property shall be safeguarded in accordance with laws, regulations and the provisions of the fund contract
Production;
(2) Fund custody fees, laws and regulations or regulatory approval obtained in accordance with the fund contract
Other expenses;
(3) Supervise the investment operation of the Fund Manager in the Fund. If the Fund Manager is found to have violated the Fund Agreement
As well as the national laws and regulations, which cause significant losses to the fund assets and the interests of other parties
Report 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 securities trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include but
Not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) Set up a special fund custody department, have a satisfactory business place, and be equipped with sufficient funds
Qualified full-time personnel who are familiar with fund custody business and are responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems, and ensure that
To ensure the safety of the fund property, to ensure that the fund property under its custody, the fund custodian's own property and different funds
Property independence; Set up separate accounts for different funds under custody, conduct independent accounting and separate account management to ensure
Different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used to
If he or any third party seeks benefits, he or she shall not entrust a third party to trust the fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open fund accounts, securities accounts and other accounts required for investment of fund assets according to regulations
In accordance with the investment instructions of the Fund Manager, clearing and delivery shall be handled in a timely manner;
(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, but in order to comply with and obey the court's judgment or award
Decisions, arbitration awards or orders and decisions of regulatory bodies such as the CSRC, as well as external professionals such as audit and law
Except as provided by the Consultant;
(8) Review and review the net asset value of the fund, the net value of various fund units and the fund calculated by the fund manager
Unit subscription and redemption price;
(9) To handle information disclosure related to fund custody business activities;
(10) Give opinions and explanations on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund
Whether the Fund Manager operates in all important aspects in strict accordance with the provisions of the Fund Agreement; If fund management
If any person fails to implement the provisions of the fund contract, it shall also state whether the fund custodian has taken appropriate measures;
(11) Keeping records, account books, statements and other relevant materials of fund custody business activities shall not be lower than the legal level
The minimum period stipulated by the regulations;
(12) Keep the register of fund unit holders;
(13) Prepare relevant account books as required and check with the fund manager;
(14) Pay fund income and redemption to fund share holders in accordance with the instructions of the fund manager or relevant regulations
Repayment;
(15) Convene a general meeting of fund unit holders in accordance with the Fund Law, the Fund Contract and other relevant provisions
Or cooperate with the Fund Manager and the Fund Unitholders to convene a general meeting of the Fund Unitholders in accordance with the law;
(16) To 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 fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and distribution of fund assets
Matching;
(18) In the face of dissolution, legal revocation or bankruptcy declaration, timely report to the CSRC and
The bank supervisor 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, and its liability for compensation shall not be
Is removed due to his retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws and regulations and the Fund Contract,
When the Fund Manager causes losses to the Fund property due to violation of the Fund contract, it shall, for the benefit of the Fund Unitholders, report to the Fund
Recovery by the administrator;
(21) Implement the effective decisions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and fund contract.
2、 General Meeting of Fund Unitholders
The general meeting of fund share holders shall be composed of fund share holders, who are legally authorized representatives
Have the right to attend meetings and vote on behalf of fund share holders. Each fund unit held by the fund unit holder
Have equal voting rights.
The National People's Congress of the holders of Fund units does not have a daily institution.
（1） Reason for convening
1. Unless otherwise stipulated by laws and regulations and the CSRC or the fund contract
A general meeting of fund unit holders shall be convened if one of the following circumstances is decided:
(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 the Fund Manager and the Fund Custodian or increase 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 units that individually or collectively hold more than 10% (including 10%) of the total fund units
The holder (calculated based on the fund shares on the day when the fund manager receives the proposal, the same below) requests in writing for the same matter
Convening a general meeting of fund share holders;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) Other fund share holders shall be convened as required by laws and regulations, fund contracts or the CSRC
General Assembly matters.
2. Within the scope specified by laws and regulations and agreed by the fund contract, and has no material effect on 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 calling
To hold a general meeting of fund share holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate, redemption rate, sales service rate or charge of the Fund
Mode;
(3) The Fund Contract shall be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or does not involve the amendment
And significant changes in the rights and obligations of the parties to the fund contract;
(5) The Fund launches new businesses or services;
(6) Fund managers, sales agencies, fund registration agencies and others adjust the subscription, purchase and redemption of funds
Rules for business such as redemption, conversion, non transaction transfer and custody transfer;
(7) The fund manager adjusts the setting of fund share categories, adds new fund share categories, and stops the existing fund share categories
Sales of fund share categories or adjustment of fund share classification methods and rules;
(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 in laws and regulations or the fund contract, the general meeting of fund share holders shall be managed by the fund
People call.
2. In the event that the Fund Manager fails to convene 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 proposal to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and
Inform the Fund Custodian personally. 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
On; If the Fund Manager decides not to convene the meeting, and the Fund Custodian still considers it necessary, the Fund Custodian shall
It shall be convened by itself and notified to the Fund Manager within 60 days from the date of issuing the written decision. The Fund Manager shall
When matching.
4. The Fund Unitholders representing more than 10% (including 10%) of the Fund Units have written requests on the same matter
To convene a general meeting of fund share holders, a written proposal shall be submitted to the fund manager. The fund manager shall collect
Decide whether to convene the meeting or not within 10 days from the date of the written proposal, and notify the proposed fund share holder in writing on behalf of
Table and Fund Custodian. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; The Fund Manager decides not to convene the meeting, which represents the basis of more than 10% (including 10%) of the Fund shares
If the gold share holders still think it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. Fund Custodian
It shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the proposed fund units in writing
The holder's representative and the fund manager; If the Fund Custodian decides to convene the meeting, it shall issue a written decision 60
Held within the day. And inform the Fund Manager that the Fund Manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request a meeting on the same matter
If the Fund Unitholders' Meeting is not convened by the Fund Manager or the Fund Custodian, it represents the Fund
Fund share holders with more than 10% (including 10%) of their gold shares have the right to convene the meeting on their own and report it to
Recorded by China Securities Regulatory Commission. The Fund Manager
The Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and rights and interests of the meeting
Registration date.
（3） Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund unit holders, the convener shall make an announcement 30 days before the meeting in the prescribed media.
The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and agency of the agent)
Term of validity, etc.), 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 include it in the notice of meeting
Explain the specific communication method adopted by the National People's Congress of the Fund Unitholders, the entrusted notary organ and its contact party
And the contact person, the deadline for sending and receiving written voting opinions.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to vote at the designated place
Supervise the vote counting of opinions; If the convener is the fund custodian, it shall notify the fund manager in writing to
Supervise the counting of votes in a fixed place; If the convener is the fund unit holder, a separate written notice shall be issued
Inform the Fund Manager and the Fund Custodian to go to the designated place to supervise the counting of votes. Fund manager or
If the Fund Custodian refuses to send representatives to supervise the counting of votes of written voting opinions, it shall not affect the counting of votes of voting opinions
effect.
（4） Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders can be held by means of on-site meeting, communication meeting, laws and regulations, and regulatory authority
Other methods are allowed by the organization, and the convening method of the meeting shall be determined by the convener.
1. On site meeting. The Fund Unitholders shall be present in person or appointed by proxy by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the Fund Unitholders as nonvoting delegates
In the general meeting, if the Fund Manager or the Fund Custodian does not send representatives to attend, the voting effect shall not be affected. At the same time of on-site meeting
The agenda of the general meeting of fund share holders can be held when the following conditions are met:
(1) The certificate of fund units held by the person attending the meeting in person, and the certificate issued by the person entrusted to attend the meeting held by the principal
There are vouchers of fund units and the proxy voting authorization certificate of the trustor, which comply with laws and regulations, fund contracts and regulations
The provisions of the notice of discussion, and the vouchers for holding fund units are consistent with the registration materials held by the fund manager;
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that there are
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date.
If the effective fund shares represented by the participants on the equity registration date are less than the total fund shares of the Fund on the equity registration date
1/2 of the total amount, the convener may, three months after the time of the original announcement of the general meeting of fund unit holders
The general meeting of fund unit holders shall be reconvened within 6 months on the matters originally scheduled for consideration. Fund units reconvened
The effective fund units represented by the attendees of the general meeting of shareholders on the equity registration date shall not be less than those represented by the Fund in the Quanyideng
One third (including one third) of the total daily fund shares.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders vote on voting matters in written form
Or other methods agreed in the fund contract shall be delivered to the address designated by the convener before the deadline for voting. Communication on
The meeting shall vote in writing or in other ways agreed in the fund contract.
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 the notice within 2 working days
Informative announcement;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener
For the Fund Manager) to the designated place to supervise the counting of written votes. The convener of the meeting is in Kikinto
The custodian (or the fund manager if the fund custodian is the convener) and the notary office shall, under the supervision of the meeting
Receive the written voting opinions of fund share holders in the manner specified in the notice; The Fund Custodian or Fund Manager
If a notice is given not to participate in the collection of written voting opinions, the voting effect shall not be affected;
(3) If I directly issue a written opinion or authorize another representative to issue a written opinion, the fund units hold
The fund units held by a person shall not be less than one-half (including one-half) of the total fund units on the equity registration date;
If I directly issue written opinions or authorize others to issue written opinions on behalf of fund share holders
If the fund units are less than half of the total fund units on the equity registration date, the convener may
Within 3 months and 6 months after the holding time of the general meeting of shareholders, the funds shall be reconvened on the matters originally scheduled for consideration
General meeting of holders. The reconvened general meeting of fund unit holders shall have more than one-third (including one-third) of the representatives
Westbank (1) The holders of fund units directly issue written opinions or authorize others to issue written opinions on behalf of them; £¨;
(4) The fund share holder or trustee who directly issues a written opinion in Item (3) above
Agents with written opinions, vouchers for holding fund units submitted at the same time, and agents entrusted to issue written opinions
The certificate of fund shares held by the trustor and the certificate of proxy voting authorization issued by the trustor comply with the law
The regulations, fund contracts and meeting notices shall be consistent with the records of the fund registration authority;
3. The Fund Unitholders of the Fund may also adopt
Other non written ways to authorize his/her agent to attend the general meeting of fund unit holders. The specific way shall be confirmed by the convener of the meeting
And shall be listed in the meeting notice.
4. In terms of the way of holding the meeting, the Fund can also use other off-site ways or on-site ways to communicate with non
The general meeting of fund share holders shall be held in a combination of on-site methods, and the meeting procedures shall refer to on-site meetings and correspondents
The procedure of the formal meeting is carried out.
（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 and decisions to the fund contract
To terminate the Fund Contract, change the Fund Manager, change the Fund Custodian, merge with other funds, laws and regulations
And other matters stipulated in the fund contract and the convener of the meeting thinks that they need to be submitted to the general meeting of fund share holders for discussion
Other matters.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall
It shall be announced in time before the general meeting of fund unit holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine and
Announce the scrutineers, and then the presider of the conference will read out the proposal. After discussion, the proposal will be voted and the resolution of the conference will be formed.
The presider of the meeting is the representative authorized by the fund manager to attend the meeting. When the authorized representative of the fund manager fails to preside over the meeting
In the event of a meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If the authorized representative of the Fund Manager
If neither the authorized representative of the Fund Custodian nor the authorized representative of the Fund Custodian can preside over the meeting, the Fund Unitholders and agents present at the meeting shall
More than 50% (including 50%) of the voting rights held by them shall elect a fund share holder as the fund share
The chairperson of the general meeting of holders. The Fund Manager and the Fund Custodian refuse to attend or preside over the holders of fund units
Yes, which shall not affect the validity of the resolutions made at the general meeting of fund share holders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and the client's surname
Name (or unit name) and contact information.
(2) Communication meeting
In case of communication meeting, the convener shall first announce the proposal 30 days in advance, and the voting shall be closed when notified
Within 2 working days after the date, all valid votes shall be counted by the convener under the supervision of the notary office and supervised by the notary office
The supervisor forms a resolution.
（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. A general resolution must be voted by the fund share holders or their proxies attending the meeting
It is valid only when more than half (including half) of the rights are passed; Except as specified in the second item below
Matters other than those passed by resolution shall be passed by general resolution.
2. Special resolution, which shall be submitted to the Fund Unitholders or their agents attending the meeting
More than two thirds (including two thirds) of the voting power can be passed. Unless otherwise agreed in the fund contract, conversion
Operation mode of the Fund, replacement of the Fund Manager or the Fund Custodian, termination of the Fund Contract, the Fund and other funds
The financial merger shall be effective only when a special resolution is passed.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary in the counting of votes
The voting for confirming the investor's identity document specified in the notice of the joint meeting shall be deemed as an effective attendance of the investor, and it appears that
The written voting opinions specified in the notice of the meeting shall be deemed as valid voting, and those with ambiguous or contradictory voting opinions shall be deemed as valid voting
Abstaining from voting shall be included in the total number of fund units represented by the fund unit holders who issue written opinions.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be examined separately
Discuss and vote item by item.
On the premise of the above rules, the specific rules are as follows:
Accurate.
（7） Vote counting
1. On site meeting
(1) If the general meeting is convened by the fund manager or the fund custodian, the chairman of the general meeting of fund share holders
It shall be announced after the beginning of the meeting that two fund shares shall be elected from among the fund share holders and agents present at the meeting
The representative of the holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the general meeting consists of fund shares
Although the holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund manager or
If the Fund Custodian fails to attend the meeting, the chairperson of the Fund Unitholders' meeting shall announce that after the meeting begins
The Fund Unitholders who attended the meeting elected three representatives of the Fund Unitholders as scrutineers. Fund manager
Or the Fund Custodian's failure to attend the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall immediately count after the fund share holders vote and the chairman of the meeting shall be present
Publish the results of the vote count.
(3) If the chairman of the meeting or the fund share holder or agent has doubts about the voting results submitted,
The number of votes required can be counted again immediately after the announcement of the voting results. The scrutineer shall carry out re clearing
Count and re 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, and the fund manager or fund custodian refuses to attend the meeting
Yes, it does not affect the validity of counting votes.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the meeting are in Kikinto
Under the supervision of the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
And the notary office shall notarize the counting process. Letter of refusal of the Fund Manager or the Fund Custodian to send representatives
If the counting of votes of face-to-face votes is supervised, 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
Case.
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 in compliance with the relevant provisions of the Information Disclosure Measures as of the effective date
Announce on the fixed media. If voting is conducted by means of communication, when announcing the resolution of the general meeting of fund share holders,
The full text of the notarial certificate, the name of the notary office and the notary must be announced together.
The Fund Manager, Fund Custodian and Fund Unitholders shall implement the effective Fund Unitholders
The resolution of the meeting. The effective resolution of the general meeting of fund unit holders shall be applied to all fund unit holders, fund managers
All fund custodians are binding.
（9） The Fund Manager represents the Fund to attend the general meeting of fund share holders of the Fund invested by the Fund and
Special agreement on participation in voting
When the Fund held by the Fund holds a general meeting of Fund Unitholders, the Fund Manager shall represent the Fund
The interests of gold share holders shall participate in the general meeting of fund share holders of the fund they hold, and shall comply with the requirements of the Fund
Exercise relevant voting rights on the premise that the interests of unit holders have priority. The Fund Manager shall submit the voting opinions
Seek the opinions of the Fund Custodian in advance, and disclose the voting opinions in the periodic report.
The fund investors holding the fund shares of the Fund shall be deemed to agree that the Fund Manager represents the Fund
The Fund Unitholders of the Fund propose to convene or convene a general meeting of the Fund Unitholders of the Fund held by the Fund.
Where laws and regulations provide otherwise, such provisions shall prevail.
（10） This part deals with the causes, conditions, procedures and voting of the general meeting of fund share holders
Conditions and other provisions, which directly refer to laws and regulations, such as the relevant content being
In case of cancellation or change, the Fund Manager may directly amend this part after performing appropriate procedures and making an announcement
There is no need to convene a general meeting of fund share holders to review the changes and adjustments.
（11） 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, this part and the "replacement conditions and
The proportion of relevant fund units or voting rights in the following cases agreed in the "Procedures" section refers to the holders of main bag units
And side pocket unit holders respectively hold or represent fund shares or voting rights in line with such proportion, but if relevant
If the convening and deliberation of the general meeting of gold share holders does not involve the side pocket account, it only refers to the main pocket share holder's holding
Or the fund shares or voting rights represented by:
1. The Fund Unitholders need to exercise the right to propose, convene and nominate on behalf of relevant funds individually or collectively
More than 10% (including 10%) of gold share;
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than that of the Fund in the equity registration
One-half (including one-half) of the relevant fund shares per day;
3. Fund units that directly issue written opinions or authorize others to issue written opinions at correspondence meetings
The fund units held by someone shall not be less than half (including half) of the relevant fund units on the equity registration date
1） ;
4. The fund units held by fund unit holders who vote at the general meeting of fund unit holders are less than
One half of the relevant fund units on the equity registration date, and the convener's call at the fund unit holders' meeting originally announced
The reconvened meeting of the Fund Unitholders' Congress on the original matters to be considered within 6 months after the opening of the meeting shall
When holders representing more than one-third (including one-third) of the relevant fund units participate or authorize others to participate
Voting at the general meeting of fund share holders;
5. More than 50% (including
50%) Elect a Fund Unitholder as the chairperson of the Fund Unitholders' Meeting;
6. General resolutions shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
One or more (including half) passes;
7. The special resolution shall be subject to one-third of the voting rights held by the fund share holders or their agents attending the meeting
More than two thirds (including two thirds) passed.
Each fund share in the same main side pocket account has equal voting rights.
3、 Fund income and distribution
（1） Composition of fund profits
Fund profit refers to fund interest income, investment income, income from changes in fair value and other income deduction
As for the balance after expenses, the realized income of the fund refers to the balance after the profit of the fund minus the income from changes in fair value.
（2） Profit available for distribution of the fund
The distributable profit of the fund refers to the undistributed profit and undistributed profit of the fund as of the base date of income distribution
The lower of the realized benefits.
（3） Principle of fund income distribution
1. The Fund may distribute its income on the premise that it meets the conditions for dividend distribution of relevant funds; If the fund contract
The Fund may not carry out income distribution if it has taken effect for less than 3 months;
2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash
Dividends or reinvestment of cash dividends automatically into fund units of corresponding categories; If the investor does not choose, this
The default income distribution method of the fund is cash dividends; Investors can choose not to use Class A and Class C fund shares respectively
The same dividend method; The fund units of the same category held by the same investor can only choose one dividend method; yes
For fund units whose income distribution method is dividend reinvestment
The starting date of the shortest holding period and the expiration date of the shortest holding period are the same as the original shares;
3. After the distribution of fund income, the net value of various fund units cannot be lower than the par value; That is, the base date of fund income distribution
The net value of any type of fund unit less the amount of income distribution per unit of such type of fund unit cannot be lower than the par value;
4. Each fund share in the same category of the Fund has the same distribution right
No sales service fee will be charged for the amount, and sales service fee will be charged for Class C fund units
The profit distribution will be different;
5. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
On the premise of not violating laws and regulations and having no material adverse impact on the interests of fund share holders
The manager can adjust the relevant business rules of fund income distribution, and this adjustment does not need to convene fund shares
The general meeting of shareholders shall be announced on the specified media before the adjustment implementation date.
See the announcement issued by the Fund Manager at that time for the distribution proportion of each income of the Fund.
（4） Income distribution scheme
The fund income distribution plan shall specify the distributable profits and fund income shares as of the base date of income distribution
Distribution object, distribution time, distribution amount and proportion, distribution method, etc.
（5） Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian
The relevant provisions of the Disclosure Method are announced in the specified media.
（6） Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. When the fund
When the cash dividend of the unit holder is less than a certain amount and is insufficient to pay the bank transfer or other handling fees
The fund registration institution may automatically convert the cash dividends of fund share holders into corresponding fund shares. Bonus
The investment shall be calculated in accordance with the Business Rules.
（7） Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not carry out income distribution, as detailed in the prospectus.
4、 Fund fees and taxes
（1） Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Fund sales service fees for Class C fund units;
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. Transaction and settlement fees for securities/futures/credit derivatives of the fund;
8. Bank transfer fees of the Fund;
9. Fund account opening fees and account maintenance fees;
10. Expenses of other funds incurred by the fund's investment in other funds (including but not limited to subscription fees, redemption fees
Sales service fees), except those prohibited by laws and regulations from being disbursed from fund assets;
11. All reasonable expenses arising from investment in Hong Kong stocks;
12. Other expenses that may be disbursed from the fund assets in accordance with the relevant provisions of the State and the provisions of the fund contract.
（2） Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The Fund does not charge management fees for the part of the Fund held in the Fund property that is managed by the Fund Manager itself.
The management fee of the Fund shall be deducted from the net value of the Fund assets of the previous day by the other funds managed by the Fund Manager
The annual fee rate of 0.40% of the remaining part after the net asset value corresponding to the fund shares (if it is negative, E is taken as 0) is accrued.
The management fee is calculated as follows:
H ＝ E × 0.40% ÷ 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 less other funds managed by the Fund Manager
The remaining part after the corresponding net asset value; If it is a negative number, E is taken as 0
The fund management fee is calculated daily, accumulated to the end of each month day by day, and paid monthly
After the custodian has verified that there is no error, the fund custodian will work in the first five months of the next month in a manner agreed with the fund manager
It shall be paid to the fund manager in a lump sum from the fund property within the working day. In case of legal holidays, public holidays or irresistible
The payment date shall be postponed accordingly.
2. Custody fees of the Fund Custodian
The part of the Fund invested in the publicly offered securities investment fund under the custody of the Fund Custodian will not be charged
Management fee. The custodian fee of the Fund shall be deducted from the net value of the Fund assets of the previous day by the custodian of the Fund
0.12% of the annual fee rate of the remaining part after the net asset value corresponding to other fund units (if it is negative, E is taken as 0)
Accrual. The custody fee is calculated as follows:
H ＝ E × 0.12% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net value of the fund assets on the previous day less the amount of the fund assets held by the fund custodian
The remaining portion of the net asset value corresponding to other fund units; If it is a negative number, E is taken as 0
The fund custody fee is calculated daily, accumulated to the end of each month day by day, and paid monthly. The fund manager and the fund
After the custodian has verified that there is no error, the fund custodian will work in the first five months of the next month in a manner agreed with the fund manager
One time withdrawal from the fund assets within the working day. In case of legal holidays, public holidays or force majeure, the payment date
The period shall be postponed.
3. Sales service fees for Class C fund units
There is no sales service fee for Class A fund units of the Fund, and the annual rate of sales service fee for Class C fund units is
0.40%。 The calculation method of sales service fee is as follows:
H ＝ E × 0.40% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of Class C fund unit fund on the previous day
The sales service fee for Class C fund units is calculated daily, accumulated day by day to the end of each month, and paid monthly
After the Fund Manager and the Fund Custodian verify that there is no error, the Fund Custodian shall agree with the Fund Manager
One time transfer from the fund assets to the TA clearing account opened by the fund manager within the first 5 working days of the next month
In the account, the fund manager shall transfer the funds to the sales agency for sales according to the payment cycle agreed in the sales agency agreement
Seller. In case of legal holidays, public holidays or force majeure, the payment date shall be postponed to the latest payable date
Pay.
Items 4-12 of the above "(I) Types of fund fees" shall be subject to relevant laws and regulations and corresponding agreements
It shall be included in the current expenses according to the actual amount of expenses, which shall be paid by the Fund Custodian from the Fund assets.
The Fund Manager shall use the assets of the Fund to purchase other funds under its management (except ETF) through
Direct channel subscription and no subscription fee and redemption fee shall be charged (in accordance with relevant regulations and fund prospectus
Except for the redemption fees charged and included in the fund property), sales service fees and other sales fees.
（3） Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. Expenses or funds incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations
Loss of gold property;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Other items that may not be included in the fund fees according to the relevant laws and regulations and the relevant provisions of the CSRC.
（4） Fund 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
It can be disbursed only after the assets of the side pocket account are realized, and the relevant fees can be charged or reduced as appropriate, but management fees cannot be charged,
See the prospectus for details.
（5） Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations.
The fund share holders shall bear the taxes related to the investment of fund assets, and the fund manager or other withholding obligations
People shall withhold and remit taxes in accordance with the relevant provisions of the state on tax collection.
5、 Investment of the Fund
（1） Investment objectives
On the basis of strictly controlling risks and maintaining asset liquidity, we strive to achieve
The long-term steady appreciation of fund assets.
（2） Investment scope
The investment scope of the Fund includes domestic legally issued or listed stocks (including the main board, GEM and others
Shares and depositary receipts approved or registered for listing by the CSRC), and trading interconnection between the mainland and Hong Kong stock markets
Stock listed on the Stock Exchange of Hong Kong within the specified scope of trading allowed by the interworking mechanism (hereinafter referred to as "Hong Kong Stock Connect")
Target stock "), publicly offered securities investment funds approved or registered by the CSRC according to law (only including the whole city
Stock ETFs in the market, stock funds under the Fund Manager, and hybrid funds included in equity assets
Gold, excluding QDII funds, Hong Kong mutual recognition funds, funds in funds, funds and other investable funds
Money market funds, funds not managed by the Fund Manager (excluding stock ETFs in the whole market), bonds (including
Including government bonds, local government bonds, government supported institution bonds, government supported bonds, financial bonds, corporate bonds, and corporate bonds
Bonds, publicly issued subordinated bonds, convertible bonds (including the pure part of convertible bonds with separate transactions), exchangeable bonds
Bonds, central bank notes, medium-term notes, short-term financing bonds, ultra short-term financing bonds, etc.), asset-backed securities, bonds
Repos, inter-bank certificates of deposit, bank deposits (including negotiated deposits, time deposits and other bank deposits), money market
Market instruments, treasury bond futures, credit derivatives and other funds allowed by laws and regulations or the CSRC for fund investment
Financial instruments (subject to the relevant provisions of the CSRC).
When laws and regulations or the CSRC allow the fund to invest in other varieties in the future, the fund manager shall perform appropriate procedures
Later, it can be included in the investment scope of the Fund.
The proportion of the Fund's investment portfolio is: the proportion of the Fund's investment in bonds is not less than 80% of the Fund's assets;
The Fund's investment in stocks, convertible bonds (excluding the pure debt of convertible bonds with separate transactions), exchangeable bonds, shares
The total investment proportion of equity assets such as ticket funds and hybrid funds shall not exceed 20% of fund assets, of which,
The proportion of stock investment of Hong Kong Stock Connect shall not exceed 50% of all stock assets; Other funds held by the Fund
The value shall not exceed 10% of the net asset value of the fund; Transactions to be paid at the end of each trading day after deducting treasury bond futures contracts
After the deposit, the cash or government bonds with maturity within one year shall not be less than 5% of the net asset value of the fund, of which,
Cash does not include provisions for settlement, deposits and subscription receivables.
Hybrid funds included in the above equity assets shall meet one of the following two conditions:
1. Mixed type with the investment ratio of stocks and depositary receipts not less than 60% of fund assets as agreed in the fund contract
Fund;
2. According to the periodic report disclosed by the Fund, the assets of stocks and depositary receipts in any of the last four quarters
Hybrid funds that account for no less than 60% of fund assets.
（3） Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The Fund's investment proportion in bonds shall not be less than 80% of the Fund's assets; The Fund's equity, transferable
Convertible bonds (excluding the pure debt part of convertible bonds with separate transactions), exchangeable bonds, equity funds, and hybrid funds
The total investment proportion of equity assets such as gold shall not exceed 20% of the fund assets, of which, the shares invested by Hong Kong Stock General Standard
The proportion of capital shall not exceed 50% of all stock assets; Hybrid funds included in the above equity assets shall meet the following requirements
One of two conditions:
1) Mixed type with the investment ratio of stocks and depositary receipts not less than 60% of fund assets as agreed in the fund contract
Fund;
2) According to the periodic report disclosed by the Fund, the assets of stocks and depositary receipts in any of the last four quarters
Hybrid funds that account for no less than 60% of fund assets.
(2) At the end of each trading day, after deducting the trading margin required to be paid for treasury bond futures contracts, the Fund shall
Holding cash no less than 5% of the net asset value of the fund or government bonds with a maturity date of less than one year, including cash
Excluding provisions for settlement, deposits and subscription receivables;
(3) The Fund holds securities issued by a company (excluding fund shares invested by the Fund, the same
A+H shares of companies listed in China and Hong Kong), whose market value does not exceed the net asset value of the fund
10%；
(4) All funds managed by the Fund Manager hold securities issued by a company (excluding the Fund)
The fund units invested, the total of A+H shares of the same company listed in China and Hong Kong), not
More than 10% of the securities;
(5) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10% of net asset value;
(6) The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
(7) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
10% of the size of asset-backed securities;
(8) Various asset support certificates of all funds managed by the Fund Manager invested in the same original equity holder
Securities shall not exceed 10% of the total size of its various types of asset-backed securities;
(9) Fund assets participate in share issuance and subscription, and the amount declared by the Fund does not exceed the total capital of the Fund
The number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(10) The maximum term for the Fund to enter the national inter-bank market for bond repurchase is one year
The repurchase period shall not be extended after expiration;
(11) The Fund's participation in treasury bond futures trading is based on the following criteria to construct a portfolio:
1) At the end of any trading day, the value of treasury bond futures contracts held shall not exceed the net assets of the fund
15% of the value;
2) At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed the value of bonds held by the Fund
30% of the total market value of bonds;
3) Market value and purchase
The total value of the sold treasury bond futures contracts (calculated by netting) should meet the requirements of the fund contract on the proportion of bond investment
Relevant agreements;
4) The transaction amount of treasury bond futures contracts traded by the Fund in any trading day (excluding closing positions) does not
May exceed 30% of the net asset value of the Fund on the previous trading day;
(12) The total assets of the Fund shall not exceed 140% of the net assets of the Fund;
(13) All open-ended funds managed by the Fund Manager (including open-ended funds and open funds
Holding tradable shares issued by a listed company shall not exceed the tradable shares of the listed company
15% of the total shares; All investment portfolios managed by the Fund Manager hold negotiable securities issued by a listed company
Shares shall not exceed 30% of the tradable shares of the listed company;
(14) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net asset value
15%； Due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size and other reasons other than fund managers
If the fund does not meet the limit of this proportion as a result, the fund manager shall not actively increase the investment of liquidity restricted assets
Capital;
(15) The Fund, private securities asset management products and other subjects identified by the CSRC are counterparties
Where reverse repurchase transactions are carried out, the qualification requirements for acceptable collateral shall be kept with the investment scope agreed in the fund contract
agreement;
(16) The proportion limit of the Fund's investment in depositary receipts shall be subject to the shares listed and traded in China
Consolidated calculation of listed shares;
(17) The Fund's participation in credit derivatives investment shall comply with the following investment proportion restrictions: The Fund shall not hold
Credit derivatives with the attribute of credit protection seller shall not hold contractual credit derivatives
The nominal principal of the product shall not exceed 100% of the face value of the Fund's corresponding protected bonds; The Fund invests in the same letter
The total nominal principal of various credit derivatives used to protect the seller shall not exceed 10% of the net asset value of the fund; Due to evidence
The fluctuation of securities/futures market, merger of securities issuers, changes in fund size and other factors outside the fund manager
If the investment proportion of the Fund does not conform to the aforesaid investment proportion, the Fund Manager shall make adjustment within three months;
(18) The Fund's investment proportion in publicly offered funds approved or registered by the CSRC according to law does not exceed
10% of the net asset value of the excess fund;
(19) All funds (except ETF feeder funds) managed by the Fund Manager shall not hold a single fund
Over 20% of the net assets of the invested fund, the scale of the net assets of the invested fund is disclosed in the latest periodic report
Shall prevail;
(20) When the Fund invests in other funds, the operation period of the invested fund shall not be less than one year
The net assets of the fund disclosed in the regular report shall not be less than 100 million yuan;
(21) The Fund shall not hold fund shares with complex and derivative nature, including graded funds and medium
Other fund shares recognized by the CSRC;
(22) Other investment restrictions stipulated by laws and regulations, the CSRC and the fund contract.
Fund investment caused by factors other than fund managers, such as fluctuations in securities/futures markets and changes in fund size
If the proportion agreed in Item (19) above is not met, the Fund Manager shall make adjustment within 20 trading days,
Except for the special circumstances stipulated by the CSRC. Except for items (2), (14), (15), (17) and (19) above
In addition, due to fluctuations in the securities/futures market, mergers of securities issuers, changes in fund size and other fund managers
If the investment proportion of the Fund does not meet the above investment proportion due to factors, the Fund Manager shall, within 10 trading days
Except for special circumstances stipulated by the CSRC.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to the basic
Relevant provisions of the gold contract. During this period, the investment scope and investment strategy of the Fund shall comply with the provisions of the Fund Agreement
Definitely. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of this Fund Contract.
Laws and regulations or regulatory authorities cancel or change the above restrictions. If applicable to the Fund, the Fund Manager
After proper procedures are followed, the investment of the Fund will no longer be subject to relevant restrictions or the changed provisions shall prevail.
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) Make capital contributions to its fund manager and fund custodian;
(5) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(6) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders, and the actual control
Securities issued or underwritten during the underwriting period by the issuer or a company with a significant stake in the issuer, or
In case of other major related party transactions, it shall comply with the investment objectives and investment strategies of the Fund and follow the holding of fund units
The principle of giving priority to people's interests, preventing conflicts of interests, establishing and improving the internal approval mechanism and evaluation mechanism
Implement at a reasonable price. Relevant transactions must be approved by the Fund Custodian in advance and disclosed in accordance with laws and regulations
Dew. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review, and more than two-thirds of the independent directors
Passed. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
Laws and regulations or regulatory authorities cancel or change the above restrictions. If applicable to the Fund, the Fund Manager
After proper procedures are followed, the investment of the Fund will no longer be subject to relevant restrictions or the provisions after the change shall prevail.
6、 Net Asset Value of the Fund
（1） Total Fund Assets
The total value of fund assets is the value of various securities and notes owned by the fund, securities investment fund shares, silver
The total value of principal and interest of bank deposits, fund receivables and subscriptions, and other assets.
（2） Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
（3） Announcement method of fund net value information
After the Fund Contract comes into force, and before starting to handle the subscription or redemption of fund units, the Fund Manager shall at least
The net value of various fund units and the cumulative net value of fund units shall be disclosed once a week on the specified website.
After starting to handle the subscription or redemption of fund units, the fund manager shall
The next day, disclose all kinds of fund shares on the opening day through the specified website, fund sales agency website or business outlets
Net value and cumulative net value of fund units.
The Fund Manager shall disclose on the prescribed website for half a year no later than the day following the last day of the half year and the year
The net value of various fund units and the cumulative net value of fund units on the last day of the year.
7、 Change and Termination of Fund Contract and Liquidation of Fund Assets
（1） Change of Fund Contract
1. The change of fund contract involves the provisions of laws and regulations or this fund contract shall be approved by the fund unit holders
If a resolution is passed at the meeting, a general meeting of fund unit holders shall be convened to pass the resolution. For laws and regulations and
The Fund Manager and the Fund Custodian shall
After the administrator agrees, the change shall be announced and reported to the CSRC for filing.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall not be implemented until it comes into effect, and shall be self determined
After the proposal takes effect, it shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
（2） Reasons for termination of the Fund Agreement
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the fund manager and the fund custodian are terminated, and there are no new fund managers or funds within 6 months
Undertaken by the custodian;
3. Other circumstances stipulated in the fund contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
（3） Liquidation of fund assets
1. Fund asset liquidation team: established within 30 working days from the date of the termination of the fund contract
The fund manager shall organize the fund assets liquidation group and carry out fund liquidation under the supervision of the CSRC
Calculate.
2. Composition of the fund assets liquidation group: the members of the fund assets liquidation group are entrusted by the fund manager and the fund
People, certified public accountants, lawyers with securities and futures related business qualifications, and personnel designated by the CSRC
form. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund contract, the Fund Assets Liquidation Team shall take over the Fund in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct external audit on the liquidation report
To issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets is six months, but it is not necessary because the liquidity of the securities held by the Fund is restricted
If it can be realized in time, the liquidation period shall be postponed accordingly.
（4） Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation,
The liquidation expenses shall be paid by the Fund Assets Liquidation Team in priority from the Fund assets.
（5） Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the fund assets from the fund assets according to the distribution plan for the liquidation of the fund assets
After paying the liquidation expenses, taxes owed and paying off the fund debts, the assets of each fund unit shall be
The proportion of net value determines the distribution proportion of the remaining assets in various fund units and can be distributed in various fund units
The remaining assets of the Fund shall be distributed according to the proportion of the Fund units held by the Fund Unitholders within each unit category.
（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 in accordance with
The accounting firm specified in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted to China
The CSRC shall put on record and make an announcement. The fund assets liquidation announcement shall be made after the fund assets liquidation report is submitted to the CSRC for filing
The Fund Assets Liquidation Group shall make an announcement within working days, and the Fund Assets Liquidation Group shall publish the liquidation report
On the specified website, and publish the suggestive announcement of the liquidation report on the specified newspaper.
（7） Preservation of fund assets liquidation books and documents
The fund assets liquidation account book and relevant documents shall be kept by the fund custodian at least as low as the minimum required by laws and regulations
Term.
8、 Settlement of disputes
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, either party has the right to submit the dispute to the China International Economic and Trade Arbitration Commission
The arbitration shall be conducted in accordance with the then effective arbitration rules of the Commission, and the place of arbitration shall be Beijing. The arbitral award shall be final and
It is binding on the parties. Unless otherwise specified in the arbitration award, the arbitration fee shall be borne by the losing party.
During the dispute settlement period, the Fund Manager and the Fund Custodian shall strictly abide by their respective responsibilities and continue to be faithful, diligent
Fulfill the obligations specified in the fund contract conscientiously and safeguard the legitimate rights and interests of fund share holders.
The Fund Contract shall be governed by the laws of China (for the purpose of this Fund Contract, excluding the laws of Taiwan, Hong Kong and Macao)
Jurisdiction and interpretation.
9、 Depository of fund contracts and ways for investors to obtain fund contracts
Fund contracts can be printed in volumes for investors to work in fund managers, fund custodians and sales agencies
Site and business site inspection.
(This page is the signature of the Contract of CCB Kaiyuan Jinxiang 6-month Holding Period Bond Sponsored Securities Investment Fund
Page signed, no text)
Fund manager: CCB Fund Management Co., Ltd. (seal)
Legal representative or authorized representative (signature or seal):
Fund Custodian: China Merchants Bank Co., Ltd. (seal)
Legal representative or authorized representative (signature or seal):
Signed at:
Signed on: