Taikang Fund Management Co., Ltd
Taikang Semiconductor Quantitative Stock Selection Equity Sponsored Securities
Investment Fund Contract
Fund Manager: Taikang Fund Management Co., Ltd
Fund Custodian: Shanghai Pudong Development Bank Co., Ltd
December, 2013
catalog
Part I Foreword one
Part II Definitions three
Part III Basic Information of the Fund nine
Part IV Sale of Fund Units eleven
Part V Fund Filing thirteen
Part VI Subscription and Redemption of Fund Units fifteen
Part VII Parties to the Fund Contract and Their Rights and Obligations twenty-four
Part VIII General Meeting of Fund Unitholders thirty-one
Part IX Replacement Conditions and Procedures of Fund Manager and Fund Custodian forty
Part X Custody of the Fund forty-three
Part XI Registration of Fund Units forty-four
Part XII Investment of the Fund forty-six
Part XIII Assets of the Fund fifty-six
Part XIV Valuation of Fund Assets fifty-seven
Part XV Fund Fees and Taxes sixty-three
Part XVI Income and Distribution of the Fund sixty-six
Part XVII Accounting and Audit of the Fund sixty-eight
Part XVIII Information Disclosure of the Fund sixty-nine
Part XIX Change and Termination of the Fund Contract and Liquidation of the Fund Assets seventy-seven
Part XX Liability for Breach of Contract seventy-nine
Part XXI Dispute Settlement and Applicable Law eighty
Part XXII Effectiveness of Fund Contract eighty-one
Part XXIII Other Matters eighty-two
Part I Preface
1、 Purpose, Basis and Principle of the Fund Contract
1. The purpose of entering into this Fund Contract is to protect the legitimate rights and interests of investors and clarify the
Rights and obligations, standardize fund operation.
2. The Fund Contract is concluded on the basis of the 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 "Measures")
Known 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、 Taikang Semiconductor's quantitative stock selection stock initiated securities investment fund is funded by the fund manager according to
The Fund Law of the People's Republic of China, the Fund Contract and other relevant regulations have been issued and approved by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC")
"China Securities Regulatory Commission").
The registration of the Fund raised by the CSRC does not indicate the investment value of the Fund
It does not mean that there is no risk in investing in the Fund when Jinghe and Yields make substantive judgments or guarantees.
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、 Risk warning
The Fund may choose to transfer some funds to
Assets invested in Hong Kong stocks or choose not to invest fund assets in Hong Kong stocks
It is not necessary to invest in Hong Kong stocks. The Fund's assets invested in Hong Kong stocks will face Hong Kong
The unique wind brought by the differences in investment environment, investment object, market system and trading rules under the stock exchange mechanism
Insurance, including the risk of large fluctuations in the stock price of the Hong Kong stock market (the Hong Kong stock market implements T+0 reverse trading, and
There is no limit on rise and fall, and the stock price of Hong Kong shares may show more drastic fluctuations than that of A-shares)
Exchange rate risk (exchange rate fluctuations may cause losses to the fund's investment income)
Possible risks of consistency (when the mainland opens and Hong Kong markets are closed, Hong Kong Stock Connect cannot trade normally
Shares cannot be sold in time, which may bring some liquidity risk), etc. See the Prospectus for specific risks
Relevant contents of "risk disclosure".
In order to hedge credit risk, the Fund may invest in credit derivatives
Temporary liquidity risk, repayment risk and price fluctuation risk.
The investment scope of the Fund includes depositary receipts, except for other funds that only invest in stocks in Shanghai and Shenzhen markets
In addition to common risks, the Fund will also face special risks of investing in depositary receipts, as detailed in the Fund's recruitment
instructions.
When the Fund holds specific assets and there are or potential large redemption applications, the Fund Manager shall perform corresponding
After the procedure, the side pocket mechanism can be started. See the relevant sections of the fund contract and prospectus for details. pocket
During the implementation of the mechanism, the fund manager will mark the fund abbreviation specially and will not apply for the side pocket account
Purchase and redemption. Please read the relevant content carefully and pay attention to the special features of the Fund when using the side pocket mechanism
Determine the risk.
6、 The Fund is established and operated in accordance with Chinese laws and regulations
If the mandatory provisions of laws and regulations are inconsistent, the provisions of the then effective laws and regulations shall prevail.
Part II Interpretation
In this Fund Contract, unless the context otherwise requires, the following words or abbreviations have the following meanings:
1. Fund or the Fund: Taikang Semiconductor Quantitative Stock Selection Equity Sponsored Securities Investment Fund
2. Fund Manager: Taikang Fund Management Co., Ltd
3. Fund Custodian: Shanghai Pudong Development Bank Co., Ltd
4. Fund contract or this fund contract: refers to Taikang Semiconductor Quantitative Stock Selection Stock Sponsored Securities Investment
Fund Agreement and any effective amendments and supplements to the Fund Agreement
5. Custody Agreement: refers to the "Taikang Semiconductor Volume" signed between the Fund Manager and the Fund Custodian for the Fund
Custody Agreement for the Securities Investment Fund of Chemical Stock Selection Stock Sponsored Securities and any effective amendment to the Custody Agreement
supplement
6. Prospectus: Taikang Semiconductor Quantitative Stock Selection Stock Sponsored Securities Investment Fund Recruitment
Manual and its updates
7. Summary of fund product information: Taikang Semiconductor Quantitative Stock Selection Stock Sponsored Securities Investment Base
Gold Fund Product Information Summary and its updates
8. Announcement on the sale of fund shares: Taikang Semiconductor Quantitative Stock Selection Stock Sponsored Securities Investment Base
Announcement on Sale of Gold 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 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 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
Provisions on Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds implemented on January 1 and the issuing authority
As amended from time to time
15. China Securities Regulatory Commission: China Securities Regulatory Commission
16. Banking regulatory authority: refers to the People's Bank of China and/or the 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. QFII: refers to qualified foreign institutional investors and RMB qualified foreign institutions
The Measures for the Administration of Domestic Securities and Futures Investment of Investors and relevant laws and regulations require the use of funds from overseas to
Foreign institutional investors investing in domestic securities and futures, including qualified foreign institutional investors and qualified RMB
Foreign institutional investors
21. Investors, investors: individual investors, institutional investors, qualified foreign investors and sponsors
The fund provider and other investors allowed by laws and regulations or the CSRC to purchase securities investment funds
combined term
22. Fund share holder: refers to the investment legally obtained from fund shares in accordance with the fund contract and prospectus
people
23. Fund sales business: it refers to the opening of fund trading accounts for investors, the promotion of funds, and the handling of funds
Sale, subscription, redemption, conversion, custody transfer, fixed investment and provision of fund transaction account letter
Information inquiry and other activities
24. Sales agency: Taikang Fund Management Co., Ltd. and the CSRC
Other conditions stipulated by the Fund Management Committee, obtaining the qualification of fund sales business and signing the fund sales service with the fund manager
Agreement, the institution handling fund sales business
25. 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
26. Registration agency: refers to the agency that handles registration business. The registration authority of the fund is Taikang Fund Management Co., Ltd
Limited company or agency entrusted by Taikang Fund Management Co., Ltd. to handle registration business
27. 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
28. 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
29. The effective date of the fund contract: means that the fund raising meets the conditions stipulated by laws and regulations and the fund contract,
The fund manager has completed the fund filing formalities with the CSRC and obtained the written confirmation of the CSRC
date
30. Fund contract termination date: refers to the date when the fund contract termination causes specified in the fund contract occur
The date on which the liquidation results are reported to the CSRC for filing and announcement after the completion of liquidation
31. Fund raising period: refers to the period from the date of offering of fund units to the date of closing the offering, with the longest
Not more than 3 months
32. Duration: refers to the indefinite period between the effectiveness and termination of the fund contract
33. Working day: refers to the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange
34. T day: refers to that the sales agency accepts the investor's application for subscription, redemption or other business within the specified time
open house
35. T+n day: refers to the nth working day from T day (excluding T day), and n is a natural number
36. Open day: refers to the working day for investors to handle the subscription, redemption or other business of fund units (such as
In the event that the Stock Exchange of Hong Kong is suspended from business on statutory holidays or for other reasons or the trading of Hong Kong Stock Connect is suspended,
The Fund Manager has the right to suspend the subscription and redemption of fund units and make an announcement according to the actual situation)
37. Opening Hours: refers to the time period during which the fund accepts subscription, redemption or other transactions on the open day
38. Business Rules: refers to the Open ended Fund Business Rules of Taikang Fund Management Co., Ltd
The business rules on the registration of open-ended securities investment funds managed by the Fund Manager shall be
Jointly abide by with investors
39. Subscription: during the fund raising period, investors apply for
Please purchase fund shares
40. Subscription: after the Fund Contract comes into effect, the investor applies for
Please purchase fund shares
41. 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
42. 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
43. Custody transfer: refers to the change place implemented by the Fund Unitholders between different sales agencies of the Fund
Operation of sales institutions holding fund units
44. 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
45. Large redemption: refers to the net redemption application of the Fund on a single open day (the total number of redemption application units plus
After deducting the total number of subscription application units and the transfer in application for fund conversion
The balance after the total number of shares requested) exceeds 10% of the total fund shares on the previous open day
46. RMB: refers to RMB
47. 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
48. Total value of fund assets: refers to various securities owned by the fund, principal and interest of bank deposits, and fund receivables
Total value of funds and other assets
49. Net Asset Value of the Fund: the value of the total asset value of the Fund minus the liabilities of the Fund
50. 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
51. 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
52. Fund share category: The Fund divides fund shares into different categories of A and C. Investing
Investors who charge subscription/subscription fees when subscribing/subscribing funds without drawing sales service fees are called Class A funds
Share; When an investor subscribes/subscribes to fund units, he/she will not charge subscription/subscription fees, but will collect funds from this category
If sales service fees are accrued during production, they are called Class C fund shares
53. Promoter Fund: refers to the fund raised
The fund manager, the shareholders of the fund manager, the senior managers of the fund manager or the fund manager
The personnel promise to subscribe for a certain amount of securities investment fund and hold it for a certain period
54. Originating capital: refers to the capital used for subscribing the Fund and sourced from the shareholders of the Fund Manager and fund management
Personal capital, funds of senior managers or fund managers of the fund manager. Initiate capital subscription
The amount of the Fund shall not be less than 10 million yuan, and the holding period of the fund units subscribed by the initiating capital shall not be less than three
year
55. Originating fund provider: refers to the fund subscribed with the launching fund and committed to subscribe with the launching fund
Shareholders of the Fund Manager, the Fund Manager and the Senior Manager of the Fund Manager who have held gold units for no less than three years
Managers or fund managers
56. 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
57. Sales service fee: refers to the amount withdrawn from the fund property for the marketing, sales and
Service fees for fund share holders
58. 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
59. 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
60. Credit protection buyer: also called credit protection buyer, refers to the party receiving credit risk protection
61. Credit protection seller: also called credit protection provider, refers to the party providing credit risk protection
62. Nominal principal: also called transaction nominal principal, it is a credit derivatives transaction to provide credit risk protection
The amount of protection. All payments and settlements are based on this amount
63. Swing pricing mechanism: when the Fund is subject to large purchase and redemption, the net amount of fund units will be adjusted
The market shock cost of the fund's adjusted portfolio is allocated to the investors who actually subscribe and redeem,
So as to reduce the adverse impact on the interests of stock fund share holders and ensure that the legitimate rights and interests of investors are not damaged
Harm and get fair treatment
64. Side pocket mechanism: refers to the separation of specific assets in the fund portfolio from the original account to a special
The purpose of account settlement is to effectively isolate and defuse risks and ensure that investors are treated fairly,
It is a liquidity risk management tool. During the implementation of the side pocket mechanism, the original account is called the main pocket account and the special account
The account is called side pocket account
65. Specific assets: including: (I) There is no active market price to refer to and the valuation technology is still adopted
Assets with significant uncertainty in fair value; （2） Measured at amortized cost and provision for asset impairment
Assets that still lead to significant uncertainty of asset value; （3） Significant inaccuracy in the value of other assets
Qualitative assets
66. Force majeure: refers to the objective that the parties to the Fund Contract cannot foresee, avoid and overcome
event
67. Hong Kong Stock Connect: refers to the mainland investors entrust mainland securities companies to pay through the mainland and Hong Kong stock markets
The trading mechanism for the trading of stocks listed on the Stock Exchange of Hong Kong within the specified scope by the Easy Interconnection Mechanism, or
Modification or adjustment of the trading mechanism by the authority
Part III Basic Information of the Fund
1、 Fund name
Taikang Semiconductor Quantitative Stock Selection Equity Sponsored Securities Investment Fund
2、 Category of fund
Equity Securities Investment Fund
3、 Operation mode of the fund
Contractual and open
4、 Investment objectives of the Fund
The Fund uses quantitative investment methods to select relevant stocks in the semiconductor industry, striving to achieve long-term stability
The return on investment that exceeds the performance benchmark.
5、 Lower limit of subscription amount and holding period of initiating funds
The Fund is an initiating fund, of which the total amount subscribed by the initiating fund provider is not less than
10 million yuan, and the holding period is not less than 3 years, unless otherwise specified by laws, regulations and regulatory authorities
Outside.
6、 Selling face value and subscription fees of fund units
The selling face value of the Fund units is RMB 1.00.
The subscription rate of the Fund shall be subject to the provisions of the Prospectus and the summary of fund product information.
7、 Duration of the Fund
Irregular
8、 Type of Fund Units
The Fund divides the Fund units into
For different categories. Collect subscription/subscription fees when investors subscribe/subscribe to the fund, without withdrawing sales services
Service fees are called Class A fund shares; No subscription/subscription fee will be charged when investors subscribe/subscribe for fund units
Instead of withdrawing sales service fees from the fund assets of this category, they are called Class C fund shares.
Class A and Class C fund units of the Fund are set with codes respectively. Due to different fund fees, the Fund A
The net value of fund units will be calculated separately for Class A fund units and Class C fund units. The calculation formula is:
The net value of a certain type of fund unit on the calculation date=the net value of the fund asset of this type of fund unit on the calculation date/the calculation date
Total balance of Class A fund units
When subscribing/subscribing for fund units, investors can choose the type of fund units by themselves.
The specific setting and rate level of the relevant fund share categories shall be determined by the fund manager, who shall
It shall be announced in the written form. According to the fund sales situation, if it does not violate laws and regulations and benefits existing fund share holders
In case of no material adverse effect, the Fund Manager may add new funds after performing the appropriate procedures
Fund share category, adjust fund share category settings or rules, stop the sale of existing fund share categories, etc,
Prior to the implementation of the adjustment, the Fund Manager shall make an announcement in a timely manner and need not convene a general meeting of Fund Unitholders for deliberation. The Fund
Different fund unit classes shall not be converted to each other.
9、 Upper limit of fund raising scale
The Fund Manager may specify the raising ceiling and specific plan for scale control of the Fund. See Fund Units for details
Offering announcement. The fund contract is not subject to this size limit after it comes into effect.
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
Through the fund sales outlets of each sales agency or other methods provided by the fund manager and sales agency
For public offering, please refer to the announcement of fund unit offering and the website of the fund manager for the specific list of sales agencies.
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.
2、 Subscription of Fund Units
1. Initiate capital subscription
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. The initiating capital refers to the shares used to subscribe for the Fund and sourced from the Fund Manager
The capital of East Capital, the fund manager's own capital, the fund manager's senior managers or fund managers
Gold.
See the announcement issued by the Fund Manager at that time for the subscription of the Fund's launching fund.
2. Subscription fee
Subscription fees are charged for Class A fund units of the Fund at the time of subscription, and no subscription fees are charged for Class C fund units
Use. The subscription rate of the Fund shall be determined by the Fund Manager, and shall be listed in the Prospectus and Fund Product Information Summary
Listed in. The fund subscription fee shall not be included in the fund property.
3. 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 specific amount of interest and the specific amount of interest transfer share shall be subject to the records of the registration authority.
4. Calculation of Fund Subscription Units
The specific calculation method of fund subscription units is listed in the prospectus.
5. 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.
6. 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 subscription shall be subject to the confirmation result of the registration authority. For subscription application and subscription
The investors shall timely inquire about the confirmation of the purchased shares and properly exercise their legal rights, otherwise
Any loss of the investor shall be borne by the investor.
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. Investors can subscribe for fund units for many times during the raising period, and the subscription fee is separate for each subscription application
calculation. Once the subscription application is accepted, it cannot be revoked.
5. If a single investor of the Fund (the Fund Manager, senior managers of the Fund Manager or the Fund
The number of fund units subscribed accumulatively reaches or exceeds the total number of funds
50% of the shares, the Fund Manager has the right to limit the subscription application of the investor. Accepted by the Fund Manager
If a certain subscription application or some subscription applications may lead investors to evade the above 50% ratio requirement in disguised form
The administrator has the right to reject all or part of such subscription applications. Number of fund shares subscribed by investors
The same as that confirmed by the registration authority after taking effect.
Part V Fund Filing
1、 Conditions for Fund Filing
Within three months from the date of the sale of the Fund units, the amount of the Fund subscribed with the launching fund is not
Less than 10 million yuan, and the holding period of the fund units committed to be subscribed by the initiator is not less than 3 years
Under such conditions, the Fund Manager may decide to stop the sale of the Fund in accordance with laws, regulations and the Prospectus, and
A legal capital verification agency shall be employed to verify the capital within days, and the capital verification report shall specifically identify the sponsor and its shares
He explained that within 10 days after receiving the capital verification report, he should go through the fund filing procedures with the CSRC.
If the fund raising meets the conditions for fund filing, the fund manager shall take
The Fund Contract shall come into force from the date of written confirmation by the CSRC; Otherwise, the Fund Contract will not take effect.
The Fund Manager shall publicize the effectiveness of the Fund Contract on the next day after receiving the confirmation document from the CSRC
Notice. The fund manager shall deposit the funds raised during the fund raising into a special account
No one can use it before the end.
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
On the corresponding date three years after the effective date of the fund contract, if the net asset value of the fund is less than 200 million yuan
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 share holding will occur for 20 consecutive working days
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; The number of fund unit holders is less than 200 for 50 consecutive working days or
If the net asset value of the Fund is less than 50 million yuan, the Fund will enter into liquidation procedures and terminate in accordance with the provisions of the Fund contract
No need to convene a general meeting of fund share holders for deliberation.
If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Part VI Subscription and Redemption of Fund Units
1、 Place for subscription and redemption
The subscription and redemption of the Fund will be conducted through the sales agency. The specific sales agency will be managed by the fund manager
Listed in the prospectus or other relevant announcements. The fund manager can change or increase or decrease the sales machine according to the situation
And publicized on the fund manager's website. The fund investor shall handle the fund sales business at the sales institution
The subscription and redemption of fund units shall be handled at the business premises or in other ways provided by the sales agency.
2、 Opening day and time of subscription and redemption
1. Open Day and Opening Hours
Investors shall handle the subscription and redemption of fund units on the open day, and the open day of subscription and redemption of the Fund
It is the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange (in case of statutory festival of the Stock Exchange of Hong Kong)
In case of business suspension or trading suspension of Hong Kong Stock Connect due to holidays or other reasons, the Fund Manager has the right to
The subscription and redemption business of fund units is suspended and announced), and the specific handling time is Shanghai Securities Exchange
The trading hours of the Exchange and Shenzhen Stock Exchange on normal trading days, but the Fund Manager shall
Except for the suspension of subscription and redemption as required by the CSRC or the provisions of this Fund Contract.
After the fund contract comes into effect, if there is a new securities/futures trading market or a securities/futures exchange
In case of occasional changes or other special circumstances, the Fund Manager will, as the case may be, make corresponding changes to the aforesaid opening days and hours
However, it 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 may, in accordance with the actual situation, decide the specific date for the Fund to begin to apply for subscriptions
The time of business handling shall be specified in the announcement of subscription start.
The Fund Manager shall handle the redemption within 3 months from the effective date of the Fund Contract
The processing time shall be 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/or redemption on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
The fund manager may not handle the subscription of fund units
Redemption or conversion. The investor puts forward the subscription, redemption or conversion on a date and time other than that specified in the fund contract
If the application is made and the registration authority confirms to accept, the subscription and redemption price of the fund units shall be the 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.
2. Payment of subscription and redemption funds
When subscribing for fund units, the investor must pay the subscription amount in full
Establishment of purchase; The subscription takes effect when the fund share registration authority confirms the fund share.
The redemption is established when the fund unit holder submits the redemption application; When the fund share registration institution confirms the redemption,
Redemption takes effect. After the investor's redemption application takes effect, the fund manager will pay within T+7 days (including that day)
Redemption proceeds. In case of huge redemption or deferred payment of redemption amount specified in the Fund Contract
The payment method of item shall be handled with reference to the relevant provisions of the Fund Contract. In case of data transmission delay in the exchange or trading market
Communication system failure, data exchange system failure or other problems beyond the control of the Fund Manager and the Fund Custodian
If the factors affect the business process, the time of redemption payment shall be postponed accordingly.
The Fund Manager may adjust the above rules 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.
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 has
Validation. For the valid application submitted on T day, the investor can go to the sales network after T+2 day (including that day)
Click the counter or inquire about the confirmation of the application in other ways specified by the sales agency. If the subscription is unsuccessful or invalid,
The subscription amount shall be returned to the investor.
The acceptance of the application for subscription and redemption by the sales agency does not mean that the application is necessarily successful, but only represents the sales machine
The organization has indeed received the application for subscription and redemption. The confirmation of subscription and redemption shall be subject to the confirmation result of the registration authority.
For the confirmation of the application, the investor shall timely inquire and properly exercise its legal rights.
To the extent permitted by laws and regulations, the Fund registration authority may, in accordance with relevant business rules
The Fund Manager will make an announcement in accordance with relevant regulations before the adjustment is implemented.
5、 Quantity limit of subscription and redemption
1. The fund manager may specify the minimum amount of the initial subscription and each subscription 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 a single investor's single day or single subscription amount. Please
See the Prospectus or relevant announcements.
5. The Fund Manager may stipulate the total size limit of the Fund and the upper limit of the net subscription ratio of a single day
Please refer to the Prospectus or relevant announcements for the upper limit of modulus or proportion.
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
Limit on the number of shares. The fund manager must comply with the relevant provisions of the Information Disclosure Measures before the implementation of the adjustment
It shall be announced on the specified media.
6、 Purchase and redemption prices, fees and their uses
1. The calculation of the net value of various fund units of the Fund shall be kept to 4 decimal places, and the first decimal place
The five digits shall be rounded off, and the resulting gains or losses shall be borne by the fund property. Net amount of various fund units on T day
The value is calculated after the close of the day and announced within T+1 days. In case of special circumstances, after performing appropriate procedures,
The calculation or announcement can be delayed appropriately. In order to avoid the interests of fund share holders from being affected by the decimal point of the net value of fund shares
The retention accuracy is adversely affected, and the fund manager can improve the accuracy of the net value of fund shares, without the need to
The net amount precision adjustment shall be announced.
2. Calculation of subscription units and handling method of balance: For details of calculation of subscription units of the Fund, see Recruitment
Instructions. The subscription rate of Class A fund units of the Fund shall be determined by the Fund Manager and shall be listed in the Prospectus
And the summary of fund product information. The effective share of subscription is the net subscription amount divided by the fund of this type on the current day
Net value of shares. The unit of effective shares is shares. The above calculation results are rounded to the decimal point
The last two, the income or loss arising therefrom shall be borne by the fund property.
3. Calculation and handling method of redemption amount: please refer to the Prospectus for the calculation of redemption amount of the Fund.
The redemption rate of the Fund is determined by the Fund Manager and listed in the Prospectus and the summary of fund product information
Shows. The redemption amount is the effective redemption unit actually confirmed multiplied by the net value of such fund unit on the day and deducted by
The unit of redemption amount is yuan. The above calculation results are rounded to the decimal point
The last two, the income or loss arising therefrom shall be borne by the fund property.
4. The subscription fees for Class A fund units shall be borne by the investors who subscribe for Class A fund units of the Fund
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. Among them, investors with a continuous holding period of less than 7 days will be charged a redemption fee of not less than 1.5%, and the full amount will be
Included in the fund assets.
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. The fund manager may adjust the rate or charging method within the scope agreed in the fund contract, and
In accordance with the relevant provisions of the Information Disclosure Measures, the new rate or charging method shall be submitted to the regulatory media later than the implementation date of the new rate or charging method
Introduce the announcement.
7. In case of large amount purchase or redemption of the Fund, the Fund Manager may use the swing pricing machine
To ensure the fairness of fund valuation. Specific handling principles and operation specifications shall comply with relevant laws and regulations and
Provisions of regulatory authorities and self-discipline rules.
8. The fund manager may, without violating the provisions of laws and regulations and the fund contract
Make fund promotion plans and carry out fund promotion activities regularly or irregularly. Promotion activities in the fund
During the period, after performing the necessary procedures as required by the relevant regulatory authorities, the fund manager may apply a sales rate of
Special offer.
7、 Refusal or suspension of subscription
In case of the following circumstances, the Fund Manager may refuse or suspend accepting the subscription application of investors:
1. The fund cannot operate normally due to force majeure.
2. When the valuation of fund assets is suspended as stipulated in the fund contract.
3. The securities, futures exchanges and foreign exchange markets are suspended abnormally during trading hours, resulting in the absence of the fund manager
Calculate the net asset value of the fund on the current day by using the method.
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. 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.
7. The Fund Manager's acceptance of certain or certain subscription applications may lead to a single investor (Fund Management
Managers, senior managers of fund managers, fund managers and other personnel as sponsors of funds)
There are cases where the proportion of fund shares reaches or exceeds 50%, or the concentration ratio of 50% is evaded in disguised form.
8. The subscription application exceeds the total fund size, the upper limit of the net subscription ratio per day, and
1. The maximum amount of a single day or single subscription by an investor.
9. The abnormal conditions of the fund manager, fund custodian, fund sales agency or registration agency lead to
The gold sales system, fund registration system or fund accounting system cannot operate normally.
10. Other circumstances specified by laws and regulations or recognized by the CSRC.
The Fund Manager decides to suspend the subscription in any of the above items 1, 2, 3, 5, 6, 9 and 10
When suspending the acceptance of an investor's application for subscription, the fund manager shall, in accordance with the relevant provisions, temporarily publish it on the prescribed media
Announcement of suspension of subscription. In case of any of the situations mentioned in Items 7 and 8 above, the Fund Manager may adopt the proportional confirmation method
The Fund Manager has the right to refuse all or part of the subscription application
Please. If the above item 7 is cancelled or changed due to the adjustment of laws, regulations and regulatory requirements, fund management
After performing appropriate procedures, the above contents may be modified without convening a general meeting of fund unit holders. If cast
If the investor's application for subscription is rejected, the rejected subscription funds shall be returned to the investor. Cancellation in case of suspension of subscription
In addition, the Fund Manager shall resume the subscription business in a timely manner.
8、 Circumstances of suspending redemption or delaying payment of redemption money
Under the following circumstances, the Fund Manager may suspend accepting the redemption application of investors or postpone the payment of redemption
Payment:
1. The Fund Manager is unable to pay the redemption amount due to force majeure.
2. When the valuation of fund assets is suspended as stipulated in the fund contract.
3. The securities, futures exchanges and foreign exchange markets are suspended abnormally during trading hours, resulting in the absence of the fund manager
Calculate the net asset value of the fund on the current day by using the method.
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 as required, 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 or partial deferred redemption.
(1) Full redemption: when the Fund Manager believes that it is able to pay all redemption applications of investors,
Follow normal redemption procedures.
(2) Partial deferred redemption: when the fund manager thinks that it is difficult to pay the investor's redemption application or
The realization of property for the purpose of paying the redemption application of investors may cause a large impact on the net asset value of the fund
In case of fluctuation, the redemption ratio accepted by the fund manager on the same day shall not be less than 10% of the total fund shares on the previous open day
Under the premise of, the remaining redemption applications can be postponed. For the redemption application on that day, it should be based on a single account
The proportion of redemption application amount in the total redemption application amount, and the redemption unit accepted on that day shall be determined; For the non redeemable part
The investor can choose to postpone or cancel the redemption when submitting the redemption application. Those who choose to postpone redemption,
Will automatically transfer to the next business day to continue redemption until all redemption; If redemption is selected, the current day
Some redemption applications that have not been accepted will be cancelled. The deferred redemption application is together with the redemption application on the next open day
Processing, no priority and the redemption amount is calculated based on the net value of 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) In the event that a single fund unit holder applies to redeem more fund units than before on a single open day
1. When 20% of the total fund units on an open day, the fund manager may hold the shares of the individual fund unit holders
The redemption application of the fund manager shall be postponed, specifically: the redemption proportion accepted by the fund manager on that day shall not be lower than the previous one
On the premise of 10% of the total fund shares on the open day, if the redemption application of other redemption applicants can
If it is fully confirmed, the redemption application of this single holder shall be pro rata within the scope of still acceptable redemption application
Confirm that the remaining unconfirmed redemption applications of this single holder will be postponed; Such as redemption of other redemption applicants
If the redemption application cannot be fully confirmed on the same day, the redemption application of other redemption applicants shall be given in proportion
After confirmation, the unconfirmed redemption application will be postponed together with all redemption applications of this single holder.
For the part that has not been redeemed, the investor can choose to postpone the redemption or cancel the redemption when submitting the redemption application. choose
If the redemption is postponed, it will be automatically transferred to the next open day to continue the redemption until all redemptions are completed; Select
If the redemption is cancelled, part of the redemption applications that have not been accepted on that day will be cancelled. Deferred redemption application and next opening
Daily redemption applications shall be processed together, without priority and calculated based on the net value of such fund units on the following open day
Redemption amount, and so on, until all redemption. If the investor fails to make clear when submitting the redemption application
If it is selected, the part that the investor fails to redeem will be automatically postponed.
(4) Suspension of redemption: massive redemption occurs for more than two consecutive business days (including the number), such as the fund manager
If it deems necessary, it may suspend accepting the redemption application of the Fund; The accepted redemption application can postpone the payment of redemption
The repayment shall not exceed 20 working days and shall be announced on the specified media.
3. Announcement of massive redemption
In the event of the above-mentioned huge redemption and the postponement of the transaction, the Fund Manager shall mail, fax or call
Other methods specified in the Prospectus shall notify the fund share holders within three trading days, stating the relevant processing party
And publish an announcement on the specified media within 2 days.
10、 Announcement of suspension of subscription or redemption and announcement of reopening subscription or redemption
1. In case of the above suspension of subscription or redemption, the Fund Manager shall specify the media within the specified period
The suspension notice is published on the website.
2. The Fund Manager may, according to the time of suspension of subscription or redemption
Relevant regulations, publish the announcement of reopening subscription or redemption on the specified media at the latest on the reopening day; also
The time for reopening subscription or redemption can be specified in the announcement of suspension according to the actual situation, and there will be no further time 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 the conversion business with other funds managed by the fund manager, a certain conversion fee may be charged for fund conversion,
The relevant rules shall be formulated and announced by the Fund Manager in accordance with relevant laws and regulations and the provisions of this Fund Agreement,
And inform the Fund Custodian and relevant institutions in advance. However, the Fund's Class A fund shares and Class C fund shares
Inter conversion is not allowed temporarily.
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
The resulting non transaction transfer and other non transaction transfer recognized by the registration authority and in compliance with laws and regulations. other
Non transaction transfer refers to the situation that non transaction transfer is required in accordance with laws and regulations and the provisions of the registration authority
Shape. Under any of the above circumstances, the subject receiving the transfer must be legally able to hold shares of the Fund
Amount of investors.
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.
If the fund shares are frozen, the rights and interests generated by the frozen part will be frozen together, and the frozen part will remain
Participate in income distribution. Unless otherwise specified by laws and regulations or regulatory authorities.
16、 Pledge of fund units
If relevant laws and regulations allow the fund manager to handle the pledge business of fund units or other fund businesses,
The Fund Manager will formulate and implement corresponding business rules, and there is no need to hold a general meeting of fund share holders at that time, but
It shall be announced in advance.
17、 Conversion of fund shares
On the premise that there is no material adverse impact on the interests of fund share holders
The administrator may convert the fund units upon consensus without convening a general meeting of fund unit holders for deliberation.
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: Taikang Fund Management Co., Ltd
Domicile: Room 302, 1-10, Floor 3, No. 156, Fuxingmennei Street, Xicheng District, Beijing
Legal representative: Jin Zhigang
Establishment date: October 12, 2021
Approval authority and approval document number: CSRC ZJXK [2021] No. 2839
Organizational form: other limited liability companies
Registered capital: 120 million yuan
Duration: October 12, 2021 to long-term
（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 Contract, it shall be used independently in accordance with laws and regulations and the Fund Contract
And manage the fund assets;
(3) Collect fund management fees in accordance with the Fund Contract and the provisions of laws and regulations or approved by the CSRC
Other approved 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 a person violates the Fund Contract and relevant national laws and regulations, he shall report it to the CSRC and other regulatory authorities,
And take 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) Determine the distribution plan of fund income in accordance with the Fund Contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription, redemption or conversion applications within the scope agreed in the Fund Contract
Please;
(12) Exercising shareholders' rights against the invested company for the benefit of the fund in accordance with laws and regulations, and for the benefit of the fund
To exercise the rights arising from the investment of the Fund's assets in securities;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager; or
Performing other legal acts;
(15) Select and replace law firms, accounting firms, securities, futures brokers or others
External institutions providing services by the Fund;
(16) Formulate and adjust relevant fund subscription, subscription
Business rules for redemption, conversion and non trading transfer;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
But not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Contract, manage and operate in the principle of good faith, prudence and diligence
Use of 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 shall not be used
Do not entrust a third person to operate the fund property if they seek benefits for themselves or any third person;
(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, and the net value of the Fund shall be calculated and announced in accordance with the relevant provisions,
Determine the purchase and redemption prices of various fund units;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report;
(11) Information disclosure and
Reporting obligations;
(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
Disclose to others, except those required by external professional consultants such as audit and law consultants;
(13) Determine the fund income distribution plan according to the Fund Contract, and hold the fund shares in a timely manner
Distribution of fund income by people;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(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 custodian and fund unit holders;
(16) Keep the accounting books, statements, records and other relevant information of fund property management business activities as required
Relevant materials shall be kept for a period not 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
To ensure that investors can check the information related to the Fund at any time according to the time and method specified in the Fund Contract
Disclose 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 or damage to fund assets due to violation of the Fund Contract
When he/she has rights and interests, he/she shall be liable for compensation, and his/her liability for compensation shall not be exempted by his/her 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 hold
The interests of the Fund Custodian shall be recovered 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 Contract cannot take effect if the Fund fails to meet the filing conditions for the Fund during the raising period,
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, CSRC and the Fund Contract.
2、 Fund Custodian
（1） Profile of Fund Custodian
Name: Shanghai Pudong Development Bank Co., Ltd
Registered address: No. 12, Zhongshan East 1st Road, Shanghai
Office address: No. 689, Beijing East Road, Shanghai
Legal representative: Zheng Yang
Time of establishment: October 19, 1992
Organizational form: limited liability company (listed)
Registered capital: 29.352 billion yuan
Duration: Permanent
Approval document and document number of fund custody qualification: CSRC Zhengjian Jiji Zi [2003] No. 105
（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) As of the effective date of the Fund Contract, it shall be safe in accordance with laws, regulations and the provisions of the Fund Contract
Custody of fund assets;
(2) Obtain fund custody fees, laws and regulations or regulatory approval in accordance with the Fund Contract
Other approved expenses;
(3) To supervise the investment operation of the Fund Manager in the Fund, and if it is found that the Fund Manager has violated the Basic Law of the People's Republic of China
The fund contract and national laws and regulations have caused significant losses to the fund property and the interests of other parties
The situation shall be reported to the CSRC and necessary measures shall be taken to protect the interests of fund investors;
(4) In accordance with 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 shall not be used
To seek benefits for oneself and any third party, it is not allowed to 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) The fund account, securities account and other accounts required for investment of the fund property shall be opened in accordance with the provisions
As agreed in the Gold Contract, clearing and delivery shall be handled in a timely manner according to the investment instructions of the Fund Manager;
(7) Keep fund business secrets, unless otherwise specified in the Fund Law, the Fund Contract and other relevant regulations
In addition to the regulations, the fund information shall be kept confidential before public disclosure, and shall not be disclosed to others
Except as required by the professional consultant;
(8) Review and review the net asset value of the fund calculated by the fund manager, the net value of various fund units
Purchase and redemption prices of Class II fund units;
(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 Contract; If
If the Fund Manager fails to implement the provisions of the Fund Contract, it shall also state whether the Fund Custodian has taken
Appropriate measures have been taken;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities not lower than
The minimum period stipulated by laws and regulations;
(12) Receive and keep the register of fund unit holders from the fund manager or its entrusted registration institution;
(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 share holders or to cooperate with the fund manager and fund share holders to convene a general meeting of fund share holders in accordance with the law;
(16) Supervise the investment operation of the Fund Manager in accordance with laws and regulations and the provisions of the Fund Contract;
(17) Participate in the 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 the banking regulatory authority, 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
Liability will 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 the Fund Unitholder in case of any loss of fund property due to violation of the Fund Contract
The interests shall be recovered from the fund manager;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
3、 Fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the Fund Contract,
The fund investor will become the fund share holder and the fund investor will become the fund share holder
The parties to the Fund Agreement until they no longer hold the Fund units of the Fund. The Fund Unitholders shall serve as the Fund Unitholders
The parties to the Fund Contract shall not be required to sign or seal the Fund Contract in writing.
Unless otherwise stipulated by laws and regulations or the fund contract, each fund unit of the same category has the same
And other legal rights and interests. Due to the difference in the net value of fund units between the Class A fund units and Class C fund units of the Fund,
The amount of fund income distribution and the amount of remaining fund property distribution after liquidation may be different
Same as.
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) Transferring or applying for redemption of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund service institution shall be harmed in accordance with
Legal action or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders
Including but not limited to:
(1) Carefully read and abide by the Fund Contract, Prospectus and other information disclosure documents;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) To pay the fund subscription and subscription funds and the fees prescribed by laws and regulations and the Fund Contract;
(5) Undertaking fund losses or terminating the Fund Contract within the scope of fund units held by them
Limited liability;
(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) Provide the information required by the fund manager and regulatory authority according to law, and update and
Supplement and guarantee its authenticity;
(10) The fund units subscribed by the sponsor shall not be less than 3 years;
(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. Unless otherwise stipulated by laws and regulations or the Fund Contract
Unless otherwise agreed, each fund unit held by the fund unit holder shall have equal voting rights.
The National People's Congress of the holders of Fund units of the Fund does not have a daily institution.
1、 Reason for convening
1. When one of the following events occurs or needs to be decided, a general meeting of fund unit holders shall be convened
Unless otherwise stipulated by laws and regulations, the CSRC or the fund contract:
(1) Terminate the Fund Contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standard of the Fund Manager and the Fund Custodian or increase the sales service rate;
(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 shares that individually or collectively hold more than 10% (including 10%) of the total fund shares
The amount holder (calculated based on the fund shares on the day when the fund manager receives the proposal, the same below) writes about the same matter
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) Other fund units that shall be convened as required by laws and regulations, the Fund Contract or the CSRC
Matters of the general meeting of shareholders.
2. Within the scope stipulated by laws and regulations and the Fund Contract and for the interests of fund share holders
On the premise that there is no material adverse effect, the following circumstances may be modified by the Fund Manager and the Fund Custodian after consultation:,
It is not necessary to convene a general meeting of fund share holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate and sales service rate of the Fund or change the charging method and add new base
Fund share category, adjust the setting or rules of fund share category, and stop the sale of existing fund share category;
(3) The Fund Contract should be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment
The change does not involve significant changes in the rights and obligations of the parties to the Fund Contract;
(5) The fund manager, registration institution and fund sales institution adjust relevant subscription, subscription, redemption
Business rules such as conversion, non transaction transfer and custody transfer;
(6) The Fund launches new businesses or services;
(7) Change the performance benchmark in accordance with the Fund Contract;
(8) If it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the Fund Contract
His situation.
2、 Convener and convening method
1. Unless otherwise stipulated in laws and regulations or the Fund Agreement, the general meeting of fund share holders shall be held by
The fund manager shall convene the meeting.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the Fund Manager decides to convene the meeting, it shall issue a written decision 60
Held within the day; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, the Fund Custodian shall
The fund custodian shall convene the meeting on its own and notify the fund manager 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
The Fund Manager shall be convened and notified within 60 days from the date of the announcement, and the Fund Manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request 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
Form The fund share holders with more than 10% (including 10%) of the fund shares have the right to convene at least 30 days in advance
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 submission of voting opinions and collection method.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund manager in writing separately
Go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall be separately
Inform the Fund Manager and the Fund Custodian in writing to go to the designated place to supervise the counting of votes. fund
If the manager or fund custodian refuses to send representatives to supervise the counting of votes, the voting opinions will not be affected
Vote counting effect of.
4、 Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders may be held by means of on-site meeting, communication meeting or laws, regulations and supervision
Other methods allowed by the institution shall be adopted, and the convening method of the meeting shall be determined by the convener. Fund Manager, Fund Manager
The Fund Custodian shall facilitate the Fund Unitholders to exercise their voting rights.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the on-site meeting as nonvoting delegates
If the Fund Manager or the Fund Custodian does not send representatives to attend the general meeting, the voting effect shall not be affected. On site opening
The agenda of the general meeting of Fund Unitholders may be held when the following conditions are met simultaneously:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund shares and the certificate of proxy voting authorization of the trustor comply with laws and regulations
And the provisions of the notice of the meeting, and the vouchers for holding fund shares and the registration materials held by the fund manager
Conformity;
(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 refers to the meeting in which the Fund Unitholders vote on voting matters
The form specified in the notice shall be delivered to the address designated by the convener before the deadline for voting. The communication meeting shall be held in the form of meeting
Vote in the form specified in the notice.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) The convener of the meeting shall publish the notice of the meeting in accordance with the Fund Contract, and within 2 working days
Continue to publish relevant advisory announcements;
(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 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 organ shall, under the supervision of the
Collect the voting opinions of fund share holders in the manner specified in the notice of discussion; The Fund Custodian or Fund Manager
If a notice is given not to participate in the collection of voting opinions, the voting effect shall not be affected;
(3) If he/she directly issues voting opinions or authorizes others to issue voting opinions, the fund shares
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 give a vote or authorize another person to give a vote on behalf of the fund share holder
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) holders of fund units directly issue voting opinions or authorize others to issue voting opinions
Voting opinions;
(4) Fund unit holders or entrusted representatives who directly issue voting opinions in Item (3) above
The agent who issues the voting opinion, the certificate of holding the fund unit submitted at the same time, and the agent entrusted to issue the voting opinion
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, the Fund Contract and the notice of the meeting, and comply with the records of the fund registration authority.
3. With the permission of laws and regulations or regulatory authorities, the notice of the general meeting of fund share holders
It is stated that fund share holders can also choose to vote online, by telephone or other means, or by online
To authorize others to attend the meeting and vote on their behalf by telephone, telephone or other means, the fund share holders shall
Within the time limit specified in the notice of the meeting, the corresponding valid form shall be submitted to the convener of the meeting in the effective manner specified in the notice of the meeting
Vote or power of attorney.
5、 Discussion content and procedure
1. Discussion content and proposal right
The content of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the Fund Contract
Change, decide to terminate the Fund Contract, change the Fund Manager, change the Fund Custodian, and cooperate with other funds
And other matters stipulated by laws and regulations and the Fund Contract, as well as the convener of the meeting thinks it is necessary to submit funds
Other matters discussed at the general meeting of shareholders.
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, the amendment to the original proposal shall
It shall be announced in time before the general meeting of fund share holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine and publish
The supervisor shall then read out the proposal by the presider of the meeting, vote after discussion, and form the resolution of the meeting.
The presider of the meeting is the representative authorized by the fund manager to attend the meeting, but the authorized representative of the fund manager fails to preside
In the case of a general meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If authorized by the Fund Manager
If neither the representative nor the authorized representative of the Fund Custodian can preside over the meeting, the Fund Unitholders and
More than half (including half) of the voting rights held by the agent shall elect a fund share holder
As the host of the Fund Unitholders' Meeting. The Fund Manager and the Fund Custodian refuse to attend or
The General Meeting of Fund Unitholders shall not affect the validity of the resolutions made at the General Meeting of Fund Unitholders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and principals
Name (or unit name) and contact information.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the organ.
6、 Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. 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 and the Fund
The merger of the fund and 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
The voting opinions that meet the requirements of the notice of meeting shall be deemed as valid voting, and the voting opinions that are ambiguous or contradictory shall be deemed as valid voting
It means abstention from voting, but shall be included in the total number of fund units represented by the fund unit holders who issue voting opinions.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
7、 Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the General Assembly is based on
Although the fund share holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund management
If the Manager or Fund Custodian fails to attend the meeting, the chairperson of the meeting of Fund Unitholders shall be present at the beginning of the meeting
Later, it was announced that three representatives of fund share holders were elected among the fund share holders present at the meeting to supervise the votes
People. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has any concerns about the voting results submitted
In case of doubt, the number of votes required can be counted again immediately after the announcement of the voting results. The scrutineer shall
Re inventory is limited to one time. After re counting, the presider of the meeting shall announce the re counting on the spot
Point results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the general meeting are in the fund
Supervised by the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
The counting process shall be notarized by the notary office. The Fund Manager or the Fund Custodian refuses to appoint a representative
If the voting table supervises the counting of votes, 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、 Special agreement of the general meeting of fund share holders during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the proportion of relevant fund units or voting rights refers to the holders of main pocket units
The fund shares or voting rights held or represented by and side pocket unit holders respectively conform to such proportion, but if relevant
If the matters to be convened and deliberated at the general meeting of fund share holders do not involve side pocket accounts, they only refer to the main pocket share holders
The fund shares or voting rights held or represented by the Company meet these proportions:
1. The Fund Unitholders need to exercise the right to propose, convene and nominate on behalf of the relevant individual or aggregate representatives
More than 10% (including 10%) of fund shares;
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than that of the Fund in Quanyideng
One half (including one half) of the relevant fund shares on the record date;
3. Fund units that directly issue voting opinions or authorize others to issue voting opinions in correspondence meetings
The fund units held by the holder shall not be less than half (including half) of the relevant fund units on the equity registration date
One);
4. The fund units held by the fund unit holders who participate in the voting of the fund unit holders' meeting are small
One half of the relevant fund units on the equity registration date, and the fund unit holders originally announced by the convener
Fund unit holdings reconvened within 6 months and 3 months after the date of the meeting
The National People's Congress shall have holders representing more than one-third (including one-third) of the relevant fund units participate in or grant
To authorize others to vote at the general meeting of fund share holders;
5. More than 50% of the voting rights of fund share holders and proxies attending the meeting
(50% included) elect a Fund Unitholder 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.
During the implementation of the side pocket mechanism, the matters to be considered at the general meeting of fund share holders involve the main pocket account and the side pocket account
The fund share holders of the main pocket account and the side pocket account shall vote respectively
Each fund share in the fund has equal voting rights. If the voting matter does not involve the side pocket account, the side pocket account
No voting rights.
During the implementation of the side pocket mechanism, the relevant provisions on the general meeting of fund share holders shall be subject to the special provisions of this section
The provisions not specified in this section shall apply to the relevant provisions above.
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, regulations and supervision rules, such as future laws, regulations and supervision
If the amendment of the rules results in the cancellation or change of the relevant contents, the Fund Manager and the Fund Custodian shall reach an agreement and propose
After the previous announcement, the content of this part can be directly modified, adjusted or supplemented without holding fund units
Deliberated by the National People's Congress.
Part IX Conditions and Procedures for Replacement of Fund Manager and Fund Custodian
1、 Termination of duties of the Fund Manager and the Fund Custodian
（1） Circumstances of termination of the Fund Manager's duties
Under any of the following circumstances, the duties of the fund manager shall be terminated:
1. Having been disqualified from fund management according to law;
2. Dismissed by the general meeting of fund unit holders;
3. It is dissolved, canceled or declared bankrupt according to law;
4. Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
（2） Circumstances of the termination of the duties of the Fund Custodian
Under any of the following circumstances, the duties of the Fund Custodian shall be terminated:
1. The fund custody qualification is canceled according to law;
2. Dismissed by the general meeting of fund unit holders;
3. It is dissolved, canceled or declared bankrupt according to law;
4. Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
2、 Procedures for replacement of the Fund Manager and the Fund Custodian
（1） Replacement procedure of fund manager
1. Nomination: The 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 new fund manager or temporary fund manager in a timely manner
The fund manager or temporary fund manager shall take over in a timely manner. New Fund Manager or Temporary 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 employ an accountant in accordance with laws and regulations
The Institute shall audit the fund assets, announce the audit results, and report to the CSRC for filing
The expenses shall be disbursed from 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, and timely handle fund assets and fund custody business with the new fund custodian or temporary fund custodian
The new Fund Custodian or the temporary Fund Custodian shall take over the handover procedures of the Fund in a timely manner. New Fund Custody
The person or the temporary fund custodian shall check the total value and net value of the fund assets with the fund manager;
7. Audit: If the duties of the Fund Custodian are terminated, the Fund Custodian shall employ an accountant in accordance with laws and regulations
The Institute shall audit the fund assets, announce the audit results, and report to the CSRC for filing
The expenses shall be disbursed from the fund assets.
（3） Conditions and procedures for simultaneous replacement of the Fund Manager and the Fund Custodian
1. Nomination: if the Fund Manager and the Fund Custodian change at the same time, the 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、 The provisions of this Part on the conditions and procedures for the replacement of the Fund Manager and the Fund Custodian
References to laws, regulations or regulatory rules, such as changes in laws, regulations or regulatory rules that result in relevant content being taken
In case of cancellation or change, the Fund Manager and the Fund Custodian may, after reaching an agreement through consultation and making an announcement in advance, directly
It is not necessary to hold a general meeting of fund share holders for deliberation.
Part X Custody of the Fund
The Fund Custodian and the Fund Manager shall enter into a contract in accordance with the Fund Law, the Fund Contract and other relevant provisions
Escrow 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 of the Fund units in strict accordance with the laws and regulations and the conditions specified in the Fund Contract
Service;
3. Properly keep the registration data, and specify the name, identity information and fund units of fund unit holders
The detailed data shall be backed up to the institution recognized by the CSRC, and its storage period shall not start from the date of cancellation of the fund account
Less than 20 years;
4. Having the obligation to keep confidential the fund account information of the fund share holder
Investors or funds shall bear corresponding compensation liability for losses incurred, but judicial compulsory inspection and laws
Except for other circumstances stipulated by laws and regulations, the CSRC and the Fund Contract;
5. Handle non trading transfer business for investors and provide
Other necessary services;
6. Accept the supervision of the fund manager;
7. Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part XII Investment of the Fund
1、 Investment objectives
The Fund uses quantitative investment methods to select relevant stocks in the semiconductor industry, striving to achieve long-term stability
The return on investment that exceeds the performance benchmark.
2、 Investment scope
The investment scope of the Fund is mainly financial instruments with good liquidity, including domestic legal public development
Stocks listed for trading (including the main board, GEM and other stocks allowed by the CSRC to be invested by funds
Depositary Receipts), Hong Kong stocks, stock index futures, treasury bond futures, and bond assets (including treasury bonds
Government bonds, financial bonds, corporate bonds, corporate bonds, publicly issued subordinated bonds, convertible bonds, exchangeable bonds
Bonds, pure bonds of convertible bonds with separate transactions, central bank notes, medium-term notes, short-term corporate bonds of securities companies
Bonds, short-term financing bonds, ultra short-term financing bonds, etc.), asset-backed securities, bond repurchase, bank deposits
Money market instruments, inter-bank certificates of deposit, credit derivatives, laws and regulations or funds allowed to invest by the CSRC
Other financial instruments.
The proportion of the Fund's investment portfolio is: the proportion of the Fund's investment in stocks accounts for 80% of the Fund's assets-
95%, of which the proportion of investment in stocks of Hong Kong Stock Standard shall not exceed 50% of stock assets, and investment in semiconductor
The proportion of industry related stocks shall not be less than 80% of non cash fund assets; Deduct the stock index at the end of each trading day
After the trading margin required to be paid for futures contracts and treasury bond futures contracts, the cash or maturity date shall be kept at one
Government bonds within one year shall not be less than 5% of the net asset value of the fund, of which cash does not include settlement provisions, deposits
Deposits, subscription receivables, etc. If laws and regulations change the investment proportion limit of investment varieties, the fund management
After performing appropriate procedures, the manager may adjust the investment proportion of the above investment varieties.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager shall perform appropriate
After the procedure, it can be included in the scope of investment.
3、 Investment strategy
(1) Definition of semiconductor industry
The semiconductor industry is the core of the information industry and the key force leading a new round of scientific and technological revolution and industrial transformation
Quantity is a strategic, basic and leading industry supporting economic and social development and building a digital China. recent years
In recent years, the state has successively introduced a number of policies to support and encourage the development of the semiconductor industry.
The Fund's definition of semiconductor industry includes listed companies in the following industries:
1) Upstream supporting industries of semiconductor industry chain, including semiconductor materials, semiconductor equipment and electronic design
Automation software and integrated circuit modules. Semiconductor materials are divided into wafer manufacturing materials and packaging materials
In wafer manufacturing and packaging, protection and fixation of chip products. Semiconductor equipment is divided into wafer manufacturing equipment and sealing equipment
Install test equipment, which is respectively used for front wafer processing and manufacturing and rear packaging and testing. Electronic design automation software
It refers to the large-scale integrated circuit chip that is designed, manufactured, sealed and tested with computer assistance
Industrial software. Integrated circuit module refers to the verified, reusable and
Modules with specific functions are usually developed by a third party. Electronic design automation software suppliers and integrated circuits
The module supplier provides the automation software tools required for chip design and the core functions required for chip construction
Energy module can help semiconductor design to shorten the design cycle and reduce development costs. Investment involved above
Investment fields include nonferrous metals related to semiconductor materials, basic chemical industry, and semiconductor equipment related
Mechanical equipment industry, software development and digital chip design related to electronic design automation and integrated circuit modules
Design industry.
2) The manufacturing industry in the middle of the semiconductor industry chain mainly produces various semiconductor products. Semiconductor products can
It can be divided into integrated circuits, optoelectronic devices, discrete devices and sensors. Main producers of semiconductor products
The process includes chip design, wafer manufacturing and packaging test. The investment fields involved above are mainly
Including the electronics industry related to semiconductor products.
3) Downstream application enterprises with semiconductor as the main competitive factor, including computer, consumer electronics
Industrial electronics, photovoltaic modules, aerospace, intelligent vehicles, communication equipment, Internet of Things and other semiconductor industry chains
Listed companies whose core business is downstream application products.
In the future, with the development of technology and the change of industrial structure, the scope of semiconductor industry will change
The Fund will adjust the above identification and
It shall be confirmed and announced in the prospectus update.
（2） Allocation strategy of major categories of assets
The Fund will use the rich experience and accumulation of the Fund Manager in macroeconomic analysis over the years to
The equity investment decision analysis system (MVPCT system) built by the fund manager regularly evaluates the macro-economy and investment
And assess and prospect the global and domestic economic development. On this basis, judge future market investment
The changes in the capital environment and the main driving factors and variables of market development, using Taikang's quantitative asset allocation model,
According to the expected returns and risks of three major categories of assets, namely stocks, bonds and money market instruments
And adjust the optimal allocation proportion.
MVPCT system is a comprehensive
The system's equity asset analysis framework. The system includes macro economy, valuation level, national policy and capital
And technical aspects to comprehensively analyze the equity market environment and form a judgment on the stock market trend in the next stage,
The quantitative scoring results are used as the basis for decision-making on the position level of human benefit assets under fund management. At present, the system
It has become one of the stable decision-making systems for the allocation of large categories of assets.
（3） Stock investment strategy
1. Industry configuration strategy
The Fund adopts a combination of qualitative and quantitative methods through macro, industry meso and other indicator data
Each sub industry of conductor industry (including integrated circuit design, integrated circuit manufacturing, integrated circuit sealing and testing, semi
Conductor equipment, semiconductor materials, etc.) to determine the current position and future of each sub industry
Development direction, adjust the allocation proportion of sub industries.
2. Individual stock investment strategy
The Fund selects individual stocks mainly through the multi factor model independently researched by the fund manager, combined with the risk model
Control the portfolio risk and transaction cost model to optimize the transaction cost of the portfolio, and finally generate it through the portfolio optimization model
Portfolio to pursue performance levels that exceed performance benchmarks.
The stock investment adopts a variety of quantitative stock selection techniques, and combines them with qualitative analysis.
(1) Quantitative stock selection strategy
The quantitative stock selection strategy mainly uses the following three types of quantitative models to evaluate asset pricing and control
Risk and optimized transactions. According to the model results, the fund manager conducts portfolio investment in combination with the specific market environment.
Excess return model: based on the research results of the Fund Manager's quantitative investment research platform, the Fund adopts
Quantify the multi factor stock model for investment. The quantitative multi factor model is based on the financial data and market of listed companies
Trading data, which can predict stock returns through quantitative means in the semiconductor industry related stock field
As a factor, the index of
Factors with negative relationship numbers score the stocks comprehensively, and select individual stocks to form a portfolio according to the scoring results. fund
The factor sources of the manager's multi factor model are mainly earnings, growth, value, scale, analyst expectations, and quantity
Price and other alpha factors, mainly from the bottom to the top, supplemented by the top to the bottom, to screen assets with low prices
Invest to obtain excess returns and try to avoid overpriced assets.
Risk model: This model predicts and controls the portfolio's exposure to various risk factors through risk, such as
Market, industry, style, etc., to enhance the diversification of the portfolio and reduce the risk of concentrated shareholding of the portfolio, the same as
It also helps to stabilize the necessary exposure of the portfolio to various sub sectors of the semiconductor industry.
Cost model: the model is based on the market transaction activity, market impact cost, stamp tax
Commission and other data can predict the transaction cost of the Fund, effectively control the turnover rate of the Fund, and save the investment of the Fund
Cost, the purpose of optimizing portfolio performance.
(2) Qualitative analysis
In addition to adopting quantitative stock selection technology, fund managers also need to comprehensively consider the industrial environment
In terms of policy environment, market pattern, technical advantages, etc., choose those with good fundamentals and sustainable development potential
The high-quality individual stock subject carries out the active investment of the Fund.
(3) Portfolio construction and optimization
Based on the expected return and risk characteristics of a single security in the fund portfolio, the risk return index of the portfolio is
Optimize the action mode, and pursue the maximization of fund returns at a reasonable risk level. At the same time, monitor the
Valuation level: sell securities when the market price is significantly higher than its intrinsic reasonable value.
3. Stock investment strategy of Hong Kong Stock General Standard
The fund assets of the Fund can also be invested in Hong Kong stocks through the Hong Kong Stock Connect, which will focus on the following types of Hong Kong Stock Connect
Stock, as an important supplement to A-share subject matter:
(1) Leading enterprises in the industry that are consistent with the theme of the Fund and have strong competitiveness in technology or products and the market;
(2) The subject matter that is listed in Shanghai and Hong Kong at the same time and meets the theme of the Fund, the Hong Kong stock market is in the valuation, AH shares
Attractive investment targets in terms of discount premium, dividend yield, etc.
4. Investment strategy of depositary receipts
The Fund can invest in depositary receipts. On the basis of in-depth research, the Fund will conduct qualitative analysis and
In the combination of quantitative analysis, select depositary receipts with high investment value for investment.
（4） Bond investment strategy
According to the needs of fund liquidity management and strategic investment, the Fund will carry out treasury bonds, financial bonds
Investment in fixed income securities such as industrial bonds and convertible bonds/exchangeable bonds. The bond investment strategy includes:
Term management strategy, term structure allocation strategy, riding strategy, interest margin strategy, credit strategy, and individual bond selection strategy
Wait a minute. Under the premise of strict risk control, by allocating different types and maturities of bonds
Yield of gold and non stock assets. Including:
For short-term corporate bonds of securities companies, the Fund will purchase short-term corporate bonds of securities companies
Line screening, comprehensively consider and analyze the corporate background, competitive position, governance structure, profitability
Solvency, bond yield and other factors to determine investment decisions. The Fund will invest or have invested in the certificate
Conduct liquidity analysis and monitoring on short-term corporate bonds of bond companies, and properly control the overall duration of bond portfolios
To prevent liquidity risk.
For convertible bonds, considering the characteristics of both equity securities and fixed income securities
The Fund will select the company with good basic quality
The corresponding underlying securities have higher rising potential convertible bonds for investment, and the option pricing model is adopted
The investment value is assessed by the type of equivalent quantitative valuation tool and purchased at a reasonable price. Exchangeable bonds and convertible bonds
The difference between bonds is that the shares exchanged during the exchange period are not newly issued shares, but held by the issuer
Shares of other listed companies. Exchangeable bonds are also of equity and debt nature
The investment value analysis of the company's stocks and the pure debt value analysis of exchangeable bonds comprehensively carry out investment decisions.
（5） Asset backed securities investment strategy
Through the issuance terms of asset-backed securities, market interest rates, composition, quality and support of supporting assets
Research on factors such as the cash flow of assets and the level of prepayment rate, and evaluate the
Credit risk, interest rate risk, liquidity risk and prepayment risk, selected after risk adjustment
High variety investment.
（6） Investment strategy of other financial instruments
1. Trading Strategies of Stock Index Futures
In participating in stock index futures trading, the Fund will, in accordance with the principle of risk management,
Under the premise of risk control, participate in the trading of stock index futures cautiously and appropriately. The Fund is conducting stock index futures trading
Yizhong will analyze the profitability, liquidity and risk characteristics of stock index futures, and mainly select good liquidity and trading
Active futures contracts, through studying the development trend of spot and futures markets, use pricing models to conduct
Reasonable valuation, prudent use of stock index futures, adjustment of portfolio risk exposure, and timely adjustment of portfolio positions
To reduce portfolio risk and improve the operational efficiency of the portfolio.
2. Trading Strategy of National Debt Futures
The Fund will appropriately participate in treasury bond futures trading based on the principle of prudence, and will, in accordance with the principle of risk management
For the purpose of hedging. The Fund Manager will fully consider the profitability, liquidity and risk characteristics of treasury bond futures,
Use treasury bond futures to hedge systematic risks, risks with flat and steep yield curves
Hedge the risk of interest rate fluctuations in key terms; Leverage financial derivatives to reduce investment groups
The purpose of the overall risk.
3. Investment strategy of credit derivatives
The Fund will invest in credit derivatives for the purpose of risk hedging in accordance with the principles of risk management. Base
Jin will prudently carry out credit derivatives investment according to the investment strategy of the targeted bonds and other fixed income varieties held by Jin,
Reasonably determine the investment amount and duration of credit derivatives. The Fund will strengthen its investment in credit derivatives
Risk management of counterparties and founding institutions, reasonably dispersing the concentration of counterparties and founding institutions,
Conduct necessary due diligence on the financial status, solvency and leverage level of the counterparty and the founding institution
Check the strict access management.
4、 Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The Fund's investment in stocks accounts for 80% - 95% of the Fund's assets, including investment in Hong Kong Stock Connect
The proportion of underlying stocks shall not exceed 50% of stock assets, and the proportion of investment in semiconductor industry related stocks shall not be low
80% of non cash fund assets;
(2) At the end of each trading day, deduct the trading insurance required to be paid for stock index futures contracts and treasury bond futures contracts
After the security deposit, the cash or government bonds with a maturity date of less than one year shall be kept no less than 5% of the net asset value of the fund,
Cash does not include provisions for settlement, deposits and subscription receivables;
(3) The Fund holds the market value of securities issued by a company (the same company in China and Hong Kong
A+H shares listed at the same time) shall not exceed 10% of the net asset value of the fund;
(4) All funds managed by the Fund Manager hold securities issued by one company (the same company
A+H shares listed simultaneously 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 asset-backed securities;
(8) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(9) The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB).
During the period when the Fund holds asset-backed securities, if its credit rating declines and it no longer meets the investment standards, it shall be re evaluated
All of them will be sold within 3 months from the date of release of the level report;
(10) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(11) All open-ended funds managed by the Fund Manager hold tradable funds issued by a listed company
Shares shall not exceed 15% of the tradable shares of the listed company; All investment groups managed by the Fund Manager
The number of tradable shares jointly held by a listed company shall not exceed 30% of the tradable shares of the listed company;
(12) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net assets of the Fund
15% of the value; Due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size and other fund managers
If the fund does not meet the limit of this proportion due to other factors, the fund manager shall not actively increase the liquidity restricted capital
Investment in assets;
(13) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the Fund contract
Keep the enclosure consistent;
(14) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund;
(15) The Fund's investment in stock index futures and treasury bond futures shall comply with the following restrictions:
1) At the end of any trading day, the value of the stock index futures contracts purchased held shall not exceed the fund assets
10% of net worth; At the end of any trading day, the value of treasury bond futures contracts held shall not exceed that of the fund
15% of net asset value;
2) At the end of any trading day, the value of purchased stock index futures and treasury bond futures contracts and securities held
The sum of the market value of securities shall not exceed 95% of the net asset value of the fund. Among them, securities refer to stocks, bonds (not
Including government bonds with a maturity date of less than one year), asset-backed securities, redemptory financial assets for sale (excluding quality
Pledged repo), etc;
3) At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed
20% of the total market value of the stock; At the end of any trading day, the value of futures contracts for selling treasury bonds held shall not exceed
30% of the total market value of bonds held by the Fund;
4) The trading amount of stock index futures contracts traded (excluding closing positions) in any trading day shall not exceed
20% of the net asset value of the Fund on the previous trading day; National debt traded in any trading day (excluding closing positions)
The transaction amount of the futures contract shall not exceed 30% of the net asset value of the fund on the previous trading day;
5) Total market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold (netting
It shall comply with the relevant provisions of the fund contract on the proportion of stock investment; Bonds held by the Fund (not
Including the market value of government bonds with a maturity date of less than one year and the value of futures contracts for buying and selling government bonds, total (
(difference calculation) shall comply with the relevant provisions of the fund contract on the proportion of bond investment;
(16) The Fund does not hold credit derivatives with the attribute of credit protection seller, nor does it hold contractual credit
Derivatives;
(17) The nominal principal of credit derivatives held by the Fund shall not exceed the corresponding protected debt in the Fund
100% of the face value of the coupon;
(18) The total principal of various credit derivatives invested by the Fund in the same credit protection seller shall not
More than 10% of the net asset value of the Fund;
(19) 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;
(20) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
Due to market fluctuations in securities and futures, mergers of securities issuers, changes in fund size, and other fund managers
If the investment proportion of the Fund is not in line with the investment proportion specified in Items (17) and (18) above due to factors other than
The manager shall make adjustment within 3 months.
Except for (2), (9), (12), (13), (17) and (18) above
Fluctuations, mergers of securities issuers, changes in fund size and other factors outside the fund manager cause the fund investment ratio
If the investment proportion does not conform to the above provisions, the Fund Manager shall make adjustment within 10 trading days, but
Except for special circumstances stipulated by the CSRC. Where laws and regulations provide otherwise, such provisions shall prevail.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall comply with
Agreement of the Fund Contract. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of this Fund Agreement
Start.
Laws and regulations or regulatory authorities cancel or adjust the above restrictions. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the investment of the Fund will no longer be subject to the relevant restrictions or in accordance with the adjusted provisions, provided that
Announcement in advance.
2. Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund 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.
If laws, administrative regulations or regulatory authorities cancel the above prohibitive provisions, the Fund Manager shall perform appropriate
After the procedure, it may not be subject to the above provisions.
5、 Performance Benchmark
China Securities All refers to semiconductor products and equipment index yield × 90%+Hang Seng index yield × 5%+banks
Current deposit interest rate (after tax) × 5%
The CSI Full Index of Semiconductor Products and Equipment was compiled by CSI Index Co., Ltd
The base date is 31 days, and the base point is 1000 points. The semiconductor products and equipment industry in the sample shares of CSI are selected
Stock composition to reflect the overall performance of the industry's stocks, with good industry representation. The Fund adopts
"China Securities refers to semiconductor products and equipment index", "Hang Seng Index" and "bank demand deposit interest rate (after tax)"
They are used as the benchmark for the investment of domestic stocks, Hong Kong stocks, and cash assets, and their weights are
It is set at 90%, 5% and 5% respectively, which can make the performance benchmark and the investment style and proportion of the fund
Be consistent so that the performance benchmark can truly and objectively reflect the risk return characteristics of the fund.
If the laws and regulations change in the future, or the relevant data preparation unit stops calculating and preparing the relevant index
Or change the name of the index, or there are other more representative, scientific and objective performance comparison bases in the securities market
When it applies to the Fund, the Fund Manager may, in accordance with the principle of safeguarding the legitimate rights and interests of fund share holders,
Benchmarking performance after consultation with the Fund Custodian and following appropriate procedures as required by the regulatory authorities
It is unnecessary to hold a general meeting of fund share holders to make corresponding adjustments.
6、 Risk return characteristics
The Fund is an equity fund, whose expected risk and expected return are higher than those of hybrid funds and bond funds
And money market funds.
The Fund can invest in the Hong Kong stock market through the trading interconnection mechanism between the mainland and the Hong Kong stock market,
In addition to the general investment risks such as market fluctuation risks similar to domestic securities investment funds
The Fund is also exposed to exchange rate risk, investment risk in Hong Kong stock market
Special risks such as the risk of market transaction interconnection mechanism investment. The Fund exchanges funds through the mainland and Hong Kong stock markets
See the Prospectus for the risks of the investment in the easyconnectivity mechanism.
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, without the need to convene a fund
Deliberation at the general meeting of unit holders.
During the implementation of the side pocket mechanism, the agreed portfolio proportion, investment strategy, portfolio restrictions
The performance comparison benchmark, risk return characteristics and other agreements are only applicable to the main bag account.
Implementation conditions, implementation procedures, operation arrangements, investment arrangements and disposal changes of specific assets of side pocket accounts
See the provisions of the Prospectus for details of matters such as cash and payments that have a significant impact on investors' rights and interests.
Part XIII Assets of the Fund
1、 Total Fund Assets
The total value of fund assets refers to all kinds of securities owned by the fund, principal and interest of bank deposits, and fund receivables
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 the fund sales agency, the fund registration agency and other fund property accounts are independent.
4、 Custody and disposal of fund assets
The assets of the Fund are independent of the assets of the Fund Manager, the Fund Custodian and the Fund Sales Agency, and
Custody by the gold custodian. The Fund Manager, the Fund Custodian, the Fund Registration Agency and the Fund Sales Agency shall
Some assets bear their own legal liabilities, and their creditors shall not apply for freezing or withholding of the Fund's assets
Pledge or other rights. Unless otherwise disposed of in accordance with laws and regulations and the Fund Contract, the Fund assets shall not be disposed of
Points.
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/futures trading places of the Fund and national laws
The non trading day on which the laws and regulations require the disclosure of the net value of the fund.
2、 Valuation object
Stocks, depositary receipts, stock index futures contracts, treasury bond futures contracts, credit derivatives
Assets and liabilities such as asset-backed securities, bonds, bank deposit principal and interest, receivables, and other investments.
3、 Valuation principles
When determining the fair value of relevant financial assets and financial liabilities, the Fund Manager shall comply with
Accounting Standards and relevant regulations of regulatory authorities.
（1） For investment varieties with an active market and the same quoted price of assets or liabilities
If there is a quotation on a daily basis, the quotation shall be applied to the fund without adjustment, except for the exceptions specified in the accounting standards
Fair value measurement of assets or liabilities. There is no quotation on the valuation date and there is no impact on fair value measurement after the latest trading day
In case of major events, the quoted price on the latest trading day shall be used to determine the fair value. There is sufficient evidence to indicate the valuation
If the quoted price on the latest trading day cannot truly reflect the fair value, the quoted price shall be adjusted to determine the fair value
Value.
The fair value of the same assets or liabilities shall be used if they are the same as the above investment varieties but have different characteristics
And consider the influence of different characteristic factors in the valuation technology. Feature refers to the sale or use of assets
If the limit is for the asset holder, the limit should not be made in the valuation technology
Consider the characteristics. In addition, the fund manager should not consider the risk of
Premium or discount.
（2） For investment varieties that do not have an active market, they should be suitable for the current situation and have enough
The fair value can be determined by using valuation techniques supported by data and other information. Use valuation techniques to determine fair price
The observable input value should be used preferentially, only when the observable input value of relevant assets or liabilities cannot be obtained
The unobservable input value can be used only when it is impracticable.
（3） In case of major changes in the economic environment or major events affecting the securities price of the securities issuer,
If the impact of the potential valuation adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%, the valuation should be
Adjust and determine the fair value.
4、 Valuation method
1. Valuation of non fixed income products listed on stock exchanges
The market price (closing price) of the non fixed income varieties listed on the stock exchange on the valuation date
Valuation; There is no transaction on the valuation date, and there is no significant change in the economic environment or securities issuance after the latest trading day
If there is no major event affecting the securities price, the bank shall be valued at the market price (closing price) of the most recent trading day;
If the economic environment has changed significantly after the recent trading day or the securities issuer has affected the securities price
For major events, the current market price and major change factors of similar investment varieties can be referred to to adjust the recent trading market
Price to determine the fair price;
2. Valuation of fixed income products listed on stock exchanges
(1) For the non equity fixed income varieties that have been listed or listed for transfer, select the third-party valuation basis
The estimated full price of the corresponding varieties provided by the quasi service agency on the current day.
(2) For the fixed income varieties with rights that have been listed or listed for transfer, select the third-party valuation benchmark
The unique or recommended full valuation price of the corresponding varieties provided by the service agency on the current day.
For fixed income varieties including the investor's right to put back, if the right to put back is exercised
Select the unique full valuation price or push of the corresponding varieties provided by the third-party valuation benchmark service agency during the collection date
Recommend the full valuation price, and fully consider the impact of the issuer's credit risk changes on the fair value. Sell back registration
The proposal that the put back right is not exercised after the deadline (inclusive) of the period shall be valued at the price corresponding to the long outstanding period.
(3) There is an active market for publicly issued convertible bonds listed on the exchange market
For bonds including equity conversion, the closing price on the valuation date is selected as the full valuation price for bonds subject to full price trading; Implement net
The full valuation price of the bonds traded at the price of the market shall be the closing price on the valuation date plus the accrued interest per hundred yuan before tax.
(4) The Fund shall take the full valuation price of the valuation varieties as the valuation basis, and the Fund Manager shall, in accordance with relevant laws
Tax related treatment according to laws and regulations.
3. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The new shares issued for stock dividend, conversion, allotment and public issuance shall be listed on the stock exchange on the valuation date
The valuation method of the same stock; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for valuation;
(2) For the initial public offering of unlisted shares, the fair value shall be determined using valuation techniques;
(3) For the fixed income varieties that are not listed or transferred without listing and there is no active market, the valuation method is adopted
The fair value shall be determined by value technology, and the fund manager shall conduct tax treatment in accordance with relevant laws and regulations.
(4) The shares with a certain period of restricted sale shall be specified at the time of issuance, including but not limited to non-public issuance of shares
During the initial public offering of shares, the company's shareholders offered shares to the public, and obtained shares with limited sales period through block trading
Notes, excluding tradable restricted stocks such as suspended trading, newly issued unlisted, pledged bonds in repurchase transactions, etc
The fair value is determined according to the relevant regulations of the governing body or industry association.
4. The Fund's investment in stock index futures contracts and treasury bond futures contracts is generally conducted at the settlement price on the valuation day
Valuation, if there is no settlement price on the valuation day, and there is no significant change in the economic environment after the latest trading day, adopt
Valuation of settlement price on the latest trading day.
5. If the same security is traded in two or more markets at the same time, it shall be separately evaluated according to the market in which the security is located
Value.
6. Valuation method of credit derivatives
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 a person should bear according to law is not exempted by the entrustment responsibility.
If the selected third-party valuation agency fails to provide the valuation price, relevant laws and regulations and enterprise accounting standards shall apply
The fair value shall be determined by reasonable valuation techniques.
7. If the valuation involves the exchange rate of Hong Kong dollar and other major currencies against RMB, the Chinese people on the valuation date of the fund shall
The central parity rate of RMB exchange rate published by the People's Bank of China or its authorized institution shall prevail.
8. The valuation of the Fund's investment depositary receipts shall be calculated in accordance with the stocks listed and traded in China.
9. If there is conclusive evidence that the above method of valuation cannot objectively reflect its fair value
The Fund Manager may, after consultation with the Fund Custodian according to the specific circumstances, value at the price that best reflects the fair value.
10. In case of large amount subscription or redemption, the fund manager can adopt the swing pricing mechanism to
Ensure the fairness of fund valuation.
11. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there are new items,
Valuation according to the latest national regulations.
If the fund manager or the fund custodian finds that the fund valuation violates the valuation method and procedure specified in the fund contract
In case of the provisions of relevant laws and regulations or failure to fully protect the interests of fund share holders, it shall immediately notify
The other party shall jointly find out the cause, and the two parties shall solve it through consultation.
According to relevant laws and regulations, the obligations of the Fund Manager to calculate the net asset value of the Fund and to conduct financial accounting of the Fund are
Undertake. The fund manager is the fund accounting responsible party of the Fund
If no agreement can be reached after full discussion on the basis of equality between relevant parties
The Fund Manager shall publish the calculation results of the net value of the Fund.
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 rounded to the fifth decimal place.
The Fund Manager may establish an emergency adjustment mechanism for the accuracy of net worth in the case of large redemption. If the state otherwise stipulates,
From its provisions.
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. After the fund manager evaluates the fund assets every working day,
The net value results of various fund units shall be sent to the Fund Custodian, and after the Fund Custodian has verified that there is no error, the fund shall be managed by the Fund
The manager shall be announced to the public.
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 value is wrong, it will be deemed as the net value of 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 liability for valuation error
Party A shall compensate the loss of the injured party, and shall, within the scope of the amount of compensation paid
People have the right to demand the delivery of unjust enrichment; If the party who has obtained the unjust enrichment has wronged this part
If the profits are returned to the aggrieved party, the aggrieved party shall add the amount of compensation it has received to the amount of unjust gains it has received
The difference between the total return of interest 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 of the net value of various fund units reaches 0.25% of the net value of such fund units
The manager shall notify the fund custodian and report to the CSRC for filing; The error deviation reaches the net amount of such fund units
When the value is 0.5%, the fund manager shall make an announcement and report to the CSRC for filing.
(3) If the above contents are otherwise stipulated by laws and regulations or the regulatory authority, they shall be handled in accordance with their provisions.
7、 Suspension of valuation
1. The securities, futures trading market and foreign exchange market involved in the Fund's investment meet legal holidays or
When the business is suspended for other reasons;
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、 Fund asset valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the main pocket account assets shall be valued and
Disclose the net fund value information of the main pocket account, and suspend the disclosure of the net share value of the side pocket account.
10、 Handling of special cases
When the Fund Manager and the Fund Custodian conduct valuation according to Item 9 of the valuation method, the error caused is not
It is treated as the net value of fund units in error.
Third party institutions such as securities, futures exchanges, foreign exchange markets, registration and clearing companies and deposit banks
The data sent is incorrect, or due to force majeure or other reasons, although the Fund Manager and the Fund Custodian have adopted
If necessary, appropriate and reasonable measures are taken for inspection, but the error is not found, the resulting fund
The Fund Manager and the Fund Custodian shall be exempted from liability for compensation in case of asset valuation errors. But the fund manager and the fund trust
The administrator shall actively take necessary measures to eliminate or mitigate the impact caused thereby.
Part XV Fund Fees and Taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Sales service fees for Class C fund units;
4. Unless otherwise specified by laws and regulations and the CSRC, the Fund Contract shall be
Information disclosure fees;
5. Accounting fees, attorney fees, arbitration fees and legal fees related to the Fund after the Fund Contract takes effect;
6. Expenses for the general meeting of fund share holders;
7. Securities and futures trading expenses of the Fund;
8. Bank transfer fees of the Fund;
9. Account opening and maintenance fees of relevant accounts of the Fund;
10. All reasonable expenses arising from investment in Hong Kong stocks;
11. Other items that may be disbursed from the fund assets in accordance with the relevant provisions of the State and the Fund Contract
cost.
2、 Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is calculated at the annual fee rate of 1.00% of the net asset value of the Fund on the previous day. Calculation of management fee
The method is as follows:
H ＝ E × 1.00% ÷ Days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
The fund management fee is accrued daily, accumulated to the end of each month day by day, and paid monthly. By the Fund Custodian in accordance with
The financial data that is consistent with the fund manager will be automatically checked according to the designated account within 5 working days at the beginning of the next month
Path for payment. In case of legal holidays, rest days, etc., the payment date shall be postponed. After automatic deduction of expenses,
The Fund Manager shall check, and in case of any discrepancy in data, it shall contact the Fund Custodian for settlement through consultation.
2. Custody fees of the Fund Custodian
The custody fee of the Fund is calculated at the annual fee rate of 0.10% of the net asset value of the Fund on the previous day. Calculation of custody fee
The calculation method is as follows:
H ＝ E × 0.10% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
The fund custody fee is accrued daily, accumulated to the end of each month day by day, and paid monthly. By the Fund Custodian in accordance with
The financial data that is consistent with the fund manager will be automatically checked according to the designated account within 5 working days at the beginning of the next month
Path for payment. In case of legal holidays, rest days, etc., the payment date shall be postponed. After automatic deduction of expenses,
The Fund Manager shall check, and in case of any discrepancy in data, it shall contact the Fund Custodian for settlement through consultation.
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 sales service fee for Class C fund units is based on the previous
The annual fee rate of 0.40% of the net asset value of the one-day Class C fund units is calculated. The calculation method 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 the fund on the previous day for Class C fund units
The sales service fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. By the Fund Custodian in accordance with
The financial data that is consistent with the fund manager will be automatically checked according to the designated account within 5 working days at the beginning of the next month
Path for payment. The sales service fee shall be collected by the registration authority, and the registration authority shall pay according to the relevant contract after receiving it
Paid to the fund sales agency. In case of legal holidays, rest days, etc., the payment date shall be postponed. Automatic deduction of expenses
After that, the Fund Manager shall check, and in case of any discrepancy in data, it shall contact the Fund Custodian for settlement through consultation.
The sales service fee is mainly used for the sale of funds and the services of fund share holders.
Items 4-11 of the above "I. Types of fund expenses" shall be paid according to relevant regulations and corresponding agreements
It is stipulated that the actual amount of expenses shall be included in the current expenses, which shall be paid by the Fund Custodian from the Fund assets.
3、 Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. Expenses incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations or
Loss of fund property;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract 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 assets of the side pocket account,
However, 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 not charged
See the provisions of the Prospectus or relevant announcements for management fees.
5、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations
that 's ok. The relevant taxes on the investment of fund assets shall be borne by the fund share holders and deducted by the fund manager or others
The payer shall withhold and remit the tax in accordance with the relevant provisions of the state on tax collection.
Part XVI Income and Distribution of the Fund
1、 Composition of fund profits
Fund profit refers to fund interest income, investment income, income from changes in fair value and other income deduction
As for the balance after expenses, the realized income of the fund refers to the balance of the fund profit minus the gains and losses from changes in fair value.
2、 Profit available for distribution of the fund
The distributable profit of the fund refers to the undistributed profit and undistributed profit of the fund as of the base date of income distribution
The lower of the realized income.
3、 Principle of fund income distribution
1. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash
Cash dividends or reinvestment of cash dividends automatically into corresponding types of fund units; If investors do not choose,
The Fund's default income distribution method is cash dividends;
2. 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 various fund units on the day minus the amount of income distribution per unit of such fund units cannot be lower than the par value;
3. Each fund unit of the same category of the Fund has the same distribution right;
4. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
In the case of no material adverse effect on the interests of fund share holders, the Fund Manager may
Adjust the above fund income distribution principles as appropriate after reaching consensus with the fund custodian under the premise of laws and regulations
It is necessary to convene a general meeting of fund share holders for deliberation, but it shall be announced in the specified media before the implementation date of the change.
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 Disclosure Measures are announced in the specified media.
6、 Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. When
When the investor's cash dividend is less than a certain amount and is insufficient to pay the bank transfer or other handling fees, the fund
The 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 be used for income distribution. See the prospectus for details
Definitely.
Part XVII Accounting and Audit of the Fund
1、 Fund accounting policy
1. The Fund Manager is the fund accounting responsible party of the Fund;
2. The accounting year of the Fund is from January 1 to December 31 of the Gregorian calendar year; Fund raised for the first time
The accounting year shall follow the following principles: if the Fund Contract takes effect 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 Contract and other relevant regulations.
2、 Information disclosure obligor
The information disclosure obligors of the Fund include the Fund Manager, the Fund Custodian and the convening fund unit holders
Natural persons, legal persons and non -
Legal organization.
The information disclosure obligor of the Fund takes the protection of the interests of fund share holders as the fundamental starting point, and in accordance with the law
Disclose fund information in accordance with regulations and the provisions of the CSRC, and ensure the authenticity, accuracy
Completeness, timeliness, simplicity and accessibility.
The information disclosure obligor of the Fund shall, within the time specified by the CSRC, submit the fund letter that should be disclosed
National newspapers and periodicals (hereinafter referred to as "regulated newspapers and periodicals") that meet the requirements of the CSRC and
Internet websites (hereinafter referred to as "regulated websites") and other media as specified in the Measures for Information Disclosure, and guarantee that
Fund investors can consult or copy the letter of public disclosure according to the time and method 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. Fund letter in foreign language
The information disclosure obligor shall ensure that the contents of different texts are consistent. In case of ambiguity between different texts
This 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 clarifies the basis
The rules and specific procedures for holding the general meeting of gold share holders, specifying the characteristics of the fund products and other matters related to fund investment
Legal documents on matters of vital 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. Information of the Fund Prospectus after the Fund Contract takes effect
In case of major changes, the Fund Manager shall update the Fund Prospectus and publish it within three working days
On the specified website; If other information in the prospectus changes, the fund manager shall update it at least annually
once. 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 comes into force, the information in the fund product information summary has changed significantly
Furthermore, the fund manager shall update the summary of fund product information within three working days and publish it in the regulations
Website and fund sales agency website or business outlet; In case of any change in other information of the fund product profile,
The Fund Manager shall be updated at least once a year. If the operation of the fund is terminated, the fund manager will no longer update the fund products
Data summary.
After the application for fund raising has been registered by the CSRC, the fund manager shall, within three days of the sale of the fund units
The announcement of the sale of fund units, the indicative announcement of the prospectus and the indicative announcement of the fund contract
It shall be published in the required newspapers and periodicals, and the fund unit sale announcement, fund prospectus, fund product information summary
The Fund Contract and the Fund Custody Agreement shall be published on the specified website, in which the summary of fund product information shall also
Published on the website or business outlet of the fund sales agency; The Fund Custodian shall simultaneously
The gold custody agreement is published on the specified 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, on the next day after receiving the filing documents confirmed by the CSRC
The effectiveness announcement of the Fund Contract is posted on the website.
The announcement on the effectiveness of the fund contract will explain the fund raising situation and the fund manager and the senior manager of the fund manager
Fund shares held by managers, fund managers and other personnel, as well as the shareholders of the fund manager, and the commitment period
And so on.
（4） Net fund value information
After the Fund Contract comes into force and before the subscription or redemption of fund units, the Fund Manager shall
The net value of various fund units and the cumulative net value of fund units shall be disclosed at least 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 after the opening day, disclose various types of funds on the open day through the specified website, fund sales agency website or business outlets
Net value of gold 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 specify various types of funds in the Fund Contract, Prospectus and other information disclosure documents
Calculation method of subscription and redemption price of gold shares and relevant subscription and redemption rate, and ensure that investors can
The website or business outlet of the fund sales institution shall consult or copy the aforesaid 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 interests of other investors, the fund manager should at least report "influence the decisions of investors" on a regular basis
The investor's category, holding shares and proportion at the end of the reporting period, and reporting period
Changes in shares held within the Fund and the unique risks of the Fund, except for special circumstances recognized by the CSRC.
During the continuous operation of the Fund, the Fund Manager shall disclose in the Fund's annual report and interim report
Fund portfolio assets and liquidity risk analysis.
The Fund Manager shall disclose the Fund Manager
The fund manager's senior managers, fund managers and other personnel, as well as the fund manager's shareholders' shares
Term and changes in the period.
（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. The Fund Contract is terminated and the Fund is liquidated;
3. Conversion of fund operation mode and fund merger;
4. Change of fund manager, fund custodian, fund share registration agency, and change of fund accounting firm
Office;
5. The fund manager entrusts the fund service agency to handle the registration, accounting and valuation of fund shares on its behalf
Matters: the Fund Custodian entrusts the Fund Service Institution to handle the accounting, valuation, review and other matters of the Fund on its behalf;
6. The legal names and addresses of the Fund Manager and the Fund Custodian have changed;
7. The Fund Manager changes the actual control of shareholders holding more than 5% of the equity and the Fund Manager
Person change;
8. The fund raising period is extended or the fund raising is terminated in advance;
9. Senior management personnel 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 management business, fund property 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 fund units of any type of fund units reaches zero percent of the net value of such fund units
Five o'clock;
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 Manager adopts the swing pricing mechanism for valuation;
23. The fund manager changes the valuation technology;
24. The Fund launches new businesses or services;
25. Adjust the setting of fund share categories;
26. 30, 40 and 45 consecutive working days after the Fund has been established for three years
The number of fund unit holders is less than 200 or the net asset value of the fund is less than 50 million yuan;
27. The price that the Fund Information Disclosure Obligor believes may be paid to the rights and interests of Fund Unitholders or Fund Units
Other matters that have a significant impact or other matters specified by the CSRC.
（8） Clarification announcement
During the term of the Fund Contract, any news appearing in any public media or circulating in the market may
It can mislead the price of fund units or cause large fluctuations, and may damage the holding of fund units
If someone has rights and interests, the relevant information disclosure obligor shall immediately make public clarification 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） Information disclosure during the implementation of the side pocket mechanism
Where the Fund implements the side pocket mechanism, relevant information disclosure obligors shall, in accordance with laws, regulations and fund contracts
And the prospectus. See the prospectus for details.
（11） 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.
（12） Information disclosure of investment in non-public offering of shares
The Fund Manager shall, within 2 trading days after the Fund invests in the non-public offering of shares
The media will be required to disclose the name, quantity, total cost, book value and total
The proportion of the cost and book value in the net asset value of the fund, and information about the lock up period.
（13） Information disclosure of participating in stock index futures trading
The Fund Manager shall, in accordance with the requirements of laws and regulations, regularly report quarterly reports, interim reports, annual reports, etc
The prospectus (update) and other documents disclose the trading of stock index futures, including trading policies, positions
Profit and loss, risk indicators, etc., and fully reveal the impact of stock index futures trading on the overall risk of the fund and whether
Whether it conforms to the established trading policies and objectives.
（14） Information disclosure of participating in treasury bond futures trading
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports and prospectuses
New) and other documents, including trading policies, positions, profits and losses, and risks
And fully reveal the impact of treasury bond futures trading on the overall risk of the fund and whether it conforms to the established
Trading policies and trading objectives.
（15） Information disclosure of investment asset-backed securities
The Fund Manager shall make regular reports on quarterly reports, interim reports, annual reports, etc
And the prospectus (update) and other documents to disclose the transactions of asset-backed securities. The Fund Manager shall
The annual report and interim report of the Fund disclose the total amount of asset-backed securities held by the Fund and the market value of asset-backed securities as the basis
Proportion of net assets and details of all asset-backed securities during the reporting period; Disclose it in the quarterly report of the fund
The total amount of asset-backed securities held, the proportion of the market value of asset-backed securities in the net assets of the fund and the ratio of
Details of the top 10 asset-backed securities ranked by the proportion of market value to the net assets of the fund.
（16） Information disclosure of investment in Hong Kong stocks
The Fund Manager shall make regular reports on the annual report, interim report and quarterly report of the Fund
And the prospectus (update) and other documents according to the then effective laws and regulations or the requirements of regulators
The investment in the underlying stocks of SGCC.
（17） Information disclosure of short-term corporate bonds of investment securities companies
The Fund Manager shall timely publish temporary announcements, regular reports, prospectuses (updates) and other documents
Disclose the situation of the Fund's investment in short-term corporate bonds issued by securities companies.
（18） Information disclosure of investment credit derivatives
The Fund shall disclose the details of credit derivatives in the regular report, prospectus (update) and other documents
Investment, including investment strategy, position, etc., and fully reveal the impact of investment in credit derivatives on the overall fund
The impact of risk and whether it conforms to the established investment objectives and strategies.
（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 laws and regulations.
The Fund Custodian shall comply with relevant laws and regulations, the provisions of the CSRC and the provisions of the Fund Contract
Determine the net asset value of the fund, the net value of various fund units, and the purchase and redemption of fund units prepared by the fund manager
Price, regular fund report, updated prospectus, summary of fund product information, fund liquidation report, etc
Review and review the publicly disclosed fund information, and confirm it in writing or electronically to the fund manager.
The Fund Manager and the Fund Custodian shall choose one of the prescribed newspapers to disclose the information of the Fund.
The fund manager and the fund custodian shall submit the funds to be disclosed to the fund electronic disclosure website of the CSRC
Information, and ensure the authenticity, accuracy, integrity and timeliness of the information submitted.
The Fund Manager and the Fund Custodian may, in addition to disclosing information on the prescribed media according to law
Disclose information in other public media, but other public media shall not disclose information earlier than the specified media, and
The content of the same information disclosed on different media shall be consistent.
In addition to disclosing information as required by laws and regulations, fund managers and fund custodians can also focus on investment
From the perspective of providing useful information when making decisions, we should ensure that investors are treated fairly, not mislead investors, and not affect the
Under the premise of normal investment operation, independently improve the quality of information disclosure services. The specific requirements shall meet the requirements of
Relevant provisions of the CSRC and self regulatory rules. In case of information disclosure fees arising from the aforesaid independent disclosure, such fees shall not
It may be disbursed from the fund assets.
Special purpose of issuing audit report and legal opinion for the fund information publicly disclosed by the fund information disclosure obligor
Business institutions shall prepare working papers and keep relevant files at least 10% after the termination of the Fund Contract
Years.
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、 Suspend or delay the disclosure of fund information
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. The securities/futures trading market and foreign exchange market involved in the Fund's investment meet legal holidays or other reasons
The business is suspended due to reasons;
3. Suspension of valuation
4. Laws and regulations, the Fund Contract or the situation stipulated by the CSRC.
Part XIX Change and Termination of Fund Contract and Liquidation of Fund Assets
1、 Changes to the 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 legal law
Matters that may not be passed by the General Meeting of Fund Unitholders as stipulated in the Regulations and the Fund Contract shall be managed by the Fund
After the manager and the fund custodian agree, they shall make changes and make an announcement, and report 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 becomes effective,
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 Contract
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken 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 team: within 30 working days from the date of termination of the Fund Contract
Establish a liquidation group, and the fund manager shall organize a liquidation group of the fund assets and carry out it under the supervision of the CSRC
Fund 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, lawyers who meet the provisions of the Securities Law of the People's Republic of China, and the CSRC
Designated personnel composition. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Contract, the Fund Property Liquidation Team shall take over the Fund in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct 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 may be extended accordingly.
4、 Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation
The liquidation expenses shall be paid by the fund assets liquidation group from the remaining assets of the fund in priority.
5、 Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the Fund assets from the Fund according to the distribution plan for the liquidation of the Fund assets
The fund held by the fund share holder shall be subject to the liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion.
6、 Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The liquidation report of the fund assets is in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted
The CSRC shall record and announce. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report for filing
The Fund Assets Liquidation Group shall make an announcement within 5 working days after the case. 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
As stipulated in laws and regulations or the Fund Contract, losses are caused to fund assets or fund unit holders
Those who have caused damage shall be liable for compensation according to law for their respective acts; Fund assets or funds due to joint action
If the holder of the gold share causes damage, he shall bear joint and several liability for compensation, and the compensation for the loss shall be limited to direct
Losses. The parties may be exempted from liability under the following circumstances:
(1) The Fund Manager and the Fund Custodian shall comply with the then effective laws and regulations or the regulations of the CSRC
Losses caused by acts or omissions;
(2) The Fund Manager's investment in accordance with the investment principles specified in the Fund Agreement
Loss, etc;
(3) Force majeure.
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. The non defaulting party is in office
Within the scope of responsibility, it is obliged to take necessary measures in time to prevent the expansion of losses. Failure to take appropriate measures resulted in
If the loss is further expanded, no claim may be made for compensation for the expanded loss. The non defaulting party paid for preventing the loss from expanding
The reasonable expenses incurred 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
All parties agree that all disputes arising from or in connection with the Fund Contract
If no settlement can be reached through friendly negotiation, either party has the right to submit the dispute to China's international economy
The Trade Arbitration Commission shall arbitrate in accordance with the then effective arbitration rules of the China International Economic and Trade Arbitration Commission
The place of arbitration is Beijing. The arbitral award is final and binding on all parties. except
Unless otherwise determined by the arbitration award, the arbitration fee shall be borne by the losing party.
During the dispute settlement period, the parties to the fund contract shall abide by their respective duties and continue to be faithful, diligent and responsible
To perform the obligations specified in the Fund Contract and safeguard the legitimate rights and interests of the Fund Unitholders.
The Fund Contract shall be governed by the laws of China (for the purpose of the Fund Contract, excluding the laws of Hong Kong, Macao and Taiwan).
Part XXII Effect of Fund Contract
The Fund Contract is a legal document that stipulates the rights and obligations between the parties to the Fund Contract.
1. The Fund Contract has been sealed by the Fund Manager and the Fund Custodian, and the legal representatives or
The authorized representative shall sign or seal and handle the fund filing with the CSRC through the fund manager after the end of the offering
The procedures shall come into force upon the written confirmation of the CSRC.
2. The term of validity of the Fund Contract shall be from the date of its entry into force to the time when the liquidation results of the Fund assets are reported to the CSRC
The date of filing and announcement.
3. From the effective date of the Fund Contract
All parties to the Fund Contract, including persons, shall have the same legal binding force.
4. The original of the Fund Contract is in triplicate. In addition to one copy submitted 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 use in the Fund Manager, Fund Custodian and Sales Machines
Check the office and business premises of the organization.
Part XXIII Other Matters
If there are any matters not covered in the Fund Contract, the parties to the Fund Contract shall consult with each other in accordance with relevant laws and regulations
It shall be settled through negotiation.
There is no text on this page, which is the "Taikang Semiconductor Quantitative Stock Selection Stock Sponsored Securities Investment Fund Fund Contract"
Signature and seal page of.
Fund Manager: Taikang Fund Management Co., Ltd
Legal representative or authorized representative:
Signed at: Beijing, China
Signed on:
Fund Custodian: Shanghai Pudong Development Bank Co., Ltd
Legal representative or authorized representative:
Signed at: Shanghai, China
Signed on: