Wanjia Research Pilot Hybrid Securities Investment Fund
Escrow Agreement
Fund Manager: Wanjia Fund Management Co., Ltd
Fund Custodian: Agricultural Bank of China Limited
catalog
1、 Parties to the Fund Custody Agreement three
2、 Basis, purpose and principle of the Fund Custody Agreement five
3、 The Fund Custodian's business supervision and verification of the Fund Manager six
4、 The Fund Manager's business verification of the Fund Custodian fifteen
5、 Custody of Fund Assets sixteen
6、 Sending, confirmation and execution of instructions twenty
7、 Transaction, clearing and settlement arrangements twenty-five
8、 Calculation and accounting of the net asset value of the fund twenty-nine
9、 Fund income distribution thirty-seven
10、 Fund information disclosure thirty-nine
11、 Fund expenses forty-one
12、 Registration and Custody of the Register of Fund Unitholders forty-three
13、 Preservation of Fund related documents and archives forty-four
14、 Replacement of Fund Manager and Fund Custodian forty-five
15、 Prohibited acts forty-eight
16、 Change and Termination of Custody Agreement and Liquidation of Fund Assets fifty
17、 Liability for breach of contract fifty-two
18、 Dispute Resolution fifty-three
19、 Effectiveness of the Escrow Agreement fifty-four
20、 Other matters fifty-four
21、 Signing of Escrow Agreement fifty-five
Whereas Wanjia Fund Management Co., Ltd. is a company legally established in accordance with Chinese laws and has
A validly existing limited liability company is qualified to serve as a fund manager in accordance with relevant laws and regulations
The qualification and ability of the person, proposed to raise and issue 10000 research pilot hybrid securities investment funds;
Whereas Agricultural Bank of China Limited is a company legally established in accordance with the laws of China
The bank that is in effective existence is qualified to act as the fund custodian in accordance with relevant laws and regulations
Qualification and ability;
Whereas Wanjia Fund Management Co., Ltd. plans to serve as a research pilot hybrid securities investment of Wanjia
Agricultural Bank of China Limited, the fund manager of the fund, plans to act as the research leader of Wanjia
Fund custodian of aviation hybrid securities investment fund;
To clarify the fund managers and funds of Vanguard hybrid securities investment funds
This Custody Agreement is hereby formulated for the rights and obligations between the custodians;
Unless otherwise agreed, the Fund Contract of Wanjia Research Pilot Hybrid Securities Investment Fund
(hereinafter referred to as the "Fund Contract")
Has the same meaning; In case of any conflict, the Fund Contract shall prevail and be interpreted in accordance with its terms.
If the Fund implements the side pocket mechanism, see the Fund for relevant arrangements during the implementation of the side pocket mechanism
Provisions of the contract and prospectus.
1、 Parties to the Fund Custody Agreement
（1） Fund manager
Name: Wanjia Fund Management Co., Ltd
Registered address: 8/F, 360 Pudian Road, China (Shanghai) Pilot Free Trade Zone
Yi floor 9)
Office address: 8/F, 360 Pudian Road, China (Shanghai) Pilot Free Trade Zone
Yi floor 9)
Postal code: 200122
Legal representative: Fang Yitian
Date of establishment: August 23, 2002
Approval authority and approval document number: CSRC Jian Jian Ji Jin Zi [2002]
No. 44
Organizational form: limited liability company
Registered capital: RMB 300 million
Duration: continuous operation
Business scope: fund raising, fund sales, asset management and those approved by the CSRC
Other businesses.
（2） Fund Custodian
Name: Agricultural Bank of China Limited
Registered address: No. 69, Jianguomen Inner Street, Dongcheng District, Beijing
Office address: East Block, Kaichen World Trade Center, 28 Fuxingmennei Street, Xicheng District, Beijing
9th floor
Postal code: 100031
Legal representative: Gu Shu
Time of establishment: January 15, 2009
Approval document and document number of fund custody qualification: ZJJZ [1998] No. 23 of China Securities Regulatory Commission
Approval authority and approval document number: CBRC YJF [2009] No. 13
Registered capital: 349983.034 million yuan
Organizational form: limited liability company
Duration: continuous operation
Business scope: absorbing public deposits; Issue short-term, medium-term and long-term loans; Handling country
Internal and external settlement; Handle bill acceptance and discount; Issuance of financial bonds; Agency issuance and exchange
Paying and underwriting government bonds; Buying and selling government bonds and financial bonds; Interbank lending; Trading
Acting to buy and sell foreign exchange; Settlement and sales of foreign exchange; Engaging in bank card business; Provide letter of credit service and guarantee
protect; Agency collection and payment; Provide safe deposit box service; Agency fund clearing; Various exchange businesses;
Acting as loan agent for policy banks, foreign governments and international financial institutions; Loan commitment; group
Organize or participate in syndicated loans; Foreign exchange deposit; Foreign exchange loans; Foreign exchange remittance; Foreign exchange borrowing; hair
To issue, buy or sell foreign currency securities other than stocks; Foreign exchange bill
Acceptance and discount; Proprietary and agency foreign exchange trading; Foreign currency exchange; Foreign exchange guarantee; Credit investigation
Consulting and witness business; Enterprise and individual financial advisory services; Customer transaction settlement of securities companies
Fund custody business; Securities investment fund custody business; Enterprise annuity custody business; Industrial investment
Fund custody business; Domestic securities investment custody business of qualified foreign institutional investors; agent
Open-end fund business; Telephone banking, mobile banking and online banking; Financial derivative production
Product trading business; Other businesses approved by the banking regulatory authority under the State Council and other regulatory authorities
Service; Concurrent insurance agency business.
2、 Basis, purpose and principle of fund custody agreement
（1） Basis for entering into custody agreement
This agreement is based on the Securities Investment Fund Law of the People's Republic of China (hereinafter referred to as "the Law of the People's Republic of China on Securities Investment Funds")
Financial Law of the People's Republic of China) and other relevant laws and regulations (hereinafter referred to as "laws and regulations"), fund contracts and
Other relevant regulations are formulated.
（2） Purpose of entering into custody agreement
The purpose of entering into this Agreement is to clarify the relationship between the Fund Manager and the Fund Custodian
Property custody, investment operation, net value calculation, income distribution, information disclosure and mutual supervision
Rights, obligations and responsibilities in related matters, ensuring the safety of fund assets and protecting fund shares
The legal rights and interests of the holder.
（3） Principles for entering into custody agreement
The Fund Manager and the Fund Custodian shall, on the basis of equality, voluntariness, good faith and full protection of the Fund
This agreement is signed based on the principle of legal rights and interests of gold investors.
3、 The Fund Custodian's business supervision and verification of the Fund Manager
（1） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Supervise the investment scope and objects of the fund. The fund contract clearly stipulates the fund investment risk
In case of qualification or securities selection criteria, the Fund Manager shall provide them in the format required by the Fund Custodian
Investment variety pool and counterparty pool, so that the fund custodian can use relevant technical systems to
Supervise whether the actual investment of the fund conforms to the provisions of the fund contract on the securities selection criteria, and
Check the doubtful items.
The main investment scope of the Fund is financial instruments with good liquidity, including domestic
Shares issued and listed in accordance with the law (including the main board, GEM and other securities permitted by the CSRC
Stocks, depositary receipts, Hong Kong stocks, stock index futures, treasury bond futures, stocks
Options and bonds (including treasury bonds, central bank bills, local government bonds, financial bonds, corporate bonds
Corporate bonds, government supported institutional bonds, subordinated bonds, medium-term notes, short-term financing bonds, ultra short-term
Financing bonds, convertible bonds (including separable trading convertible bonds), exchangeable bonds, etc.), assets
Supporting securities, bond repurchase, bank deposits, inter-bank deposit receipts, money market instruments, credit derivatives
Raw products and other financial instruments permitted by laws and regulations or the CSRC to be invested by the fund (provided that
Conform to the relevant provisions of the CSRC).
The Fund may participate in financing business in accordance with laws and regulations.
If laws and regulations or regulators allow the fund to invest in other varieties in the future, the fund manager
It can be included in the scope of investment after proper procedures are fulfilled.
The proportion of the Fund's investment portfolio is: the proportion of the Fund's stock assets in the Fund's assets is
60% - 95%, of which the proportion of investment in Hong Kong stocks is not more than 50% of stock assets;
At the end of each trading day, after deducting the amount to be paid for stock options, stock index futures and treasury bond futures contracts
After the trading margin, keep the cash no less than 5% of the net asset value of the fund or the maturity date at
Government bonds within one year, of which cash does not include provisions for settlement, deposits and receivables
Subscription amount, etc.
（2） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Supervise the proportion of fund investment and financing. The Fund Custodian shall adjust the term according to the following proportion
Supervise:
(1) The proportion of the Fund's stock assets in the Fund's assets is 60% - 95%, of which the investment in
The proportion of Hong Kong shares that are the subject of the Hong Kong Stock Connect shall not exceed 50% of the stock assets;
(2) At the end of each trading day, stock options, stock index futures and treasury bond futures are deducted
After about the transaction margin to be paid, keep no less than 5% of the net asset value of the fund in cash or
Government bonds with a maturity of less than one year, of which cash does not include settlement provisions and deposits and guarantees
Securities and subscription receivables, etc;
(3) The Fund participates in financing business. At the end of any trading day
The sum of the market value of the paid in shares and other securities shall not exceed 95% of the net asset value of the fund;
(4) The Fund holds the securities issued by a company (the same company in China and Hong Kong
Hong Kong listed A+H shares), whose market value does not exceed 10% of the net asset value of the fund;
(5) All funds managed by the Fund Manager and managed by the Fund Custodian
Holding securities issued by a company (A+H of the same company listed in China and Hong Kong at the same time
Total shares), no more than 10% of the securities, which shall be entered in full accordance with the composition ratio of the relevant index
The types of funds invested in securities may not be subject to the proportion limit specified in this article;
(6) The proportion of the Fund's investment in various asset-backed securities of the same original equity holder,
Shall not exceed 10% of the net asset value of the Fund;
(7) The market value of all asset-backed securities held by the Fund shall not exceed the fund assets
20% of net worth;
(8) Ratio of the same (referring to the same credit rating) asset-backed securities held by the Fund
For example, it shall not exceed 10% of the size of the asset-backed securities;
(9) All funds managed by the Fund Manager and managed by the Fund Custodian
All kinds of asset-backed securities invested in the same original equity holder shall not exceed their various asset expenditures
10% of the total amount of securities held;
(10) The Fund shall invest in assets with a credit rating of BBB or above (including BBB)
Asset backed securities. During the period when the Fund holds asset-backed securities, if its credit rating declines
If it meets the investment criteria again, it shall sell all of them within 3 months from the date of the rating report;
(11) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund shall not exceed
The total assets of the Fund and the number of shares declared by the Fund shall not exceed that of the proposed company
The total number of shares issued for the second time;
(12) The Fund's participation in the trading of stock index futures and treasury bond futures shall comply with the following investment ratios
Example restrictions:
At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed
10% of the net asset value of the excess fund; Buying stock index held by the Fund at the end of any trading day
The sum of the value of futures and treasury bond futures contracts and the market value of securities shall not exceed the net assets of the fund
95% of the value, of which, securities refer to stocks and bonds (excluding those with a maturity of less than one year
Government bonds), asset-backed securities, redemptory financial assets for sale (excluding pledge repurchase)
Etc; 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 stocks held by the Fund; The Fund trades on any trading day (excluding
The transaction amount of the stock index futures contract (closing position) shall not exceed the net asset value of the fund on the previous trading day
20% of; The market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold,
The proportion of the total (netting calculation) in the fund assets should comply with the Fund Contract on stocks
Relevant provisions on investment proportion;
At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not
More than 15% of the net asset value of the Fund; At the end of any trading day, the funds held in the selling country
The value of the bond futures contract shall not exceed 30% of the total market value of the bonds held by the fund; Incumbent of the Fund
The trading amount of treasury bond futures contracts transacted on any trading day (excluding closing positions) shall not exceed
30% of the net asset value of the Fund on the previous trading day; Bonds held by the Fund (excluding maturity date
The market value of government bonds within one year and the value of treasury bond futures contracts purchased and sold, total
(Calculation of netting) shall comply with the relevant provisions of the fund contract on the proportion of bond investment;
(13) The Fund's participation in stock option trading shall meet the following requirements:; Fund due to failure
The total amount of premium paid and received by the option contract for closing positions shall not exceed the net asset value of the fund
10%； Those who open positions to sell call options shall hold sufficient underlying securities; Opening and selling put period
If the right is exercised, it shall hold the full amount of cash required for the exercise of the contract or the offset period recognized by the rules of the Exchange
Cash equivalents of rights margin; The par value of the open position option contract shall not exceed the net asset value of the fund
20% of the value. The par value of the contract is calculated by multiplying the exercise price by the contract multiplier;
(14) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund;
(15) All the funds managed by the Fund Manager and managed by the Fund Custodian are open
Fund (including open-end funds and regular open-end funds in the open period) holds one
The tradable shares issued by a listed company shall not exceed 15% of the tradable shares of the listed company;
All investment portfolios managed by the Fund Manager and managed by the Fund Custodian hold
The number of tradable shares issued by a listed company may not exceed that of the listed company
30%； The types of funds that invest in securities in full accordance with the composition ratio of relevant indexes and
The special investment portfolio recognized by the CSRC may not be subject to the above proportion restrictions;
(16) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed
15% of the net asset value of the Fund; Due to fluctuations in the securities market, suspension of shares of listed companies, fund regulations
If the fund does not meet the limit of this proportion due to factors other than the fund manager, such as model change, the fund
The manager shall not actively increase the investment of restricted liquidity assets;
(17) The Fund and private securities asset management products and other owners recognized by the CSRC
In case of carrying out reverse repo transactions for counterparties, the qualification requirements for acceptable collateral shall be consistent with
The investment scope agreed in the gold contract shall be consistent;
(18) If the Fund participates in credit derivatives transactions, it shall not hold credit risk protection to sell
Party attribute credit derivatives, not contractual credit derivatives, held credit derivatives
The nominal principal of the Fund shall not exceed 100% of the face value of the corresponding protected bonds of the Fund; Investment of the Fund
The total nominal principal of various credit derivatives funded by the same credit risk protection seller shall not
More than 10% of the net asset value of the Fund. Due to fluctuation of securities/futures market, merger of securities issuers
The fund does not comply with the above provisions due to factors other than the fund manager, such as fund size changes
If the proportion is limited, the Fund Manager shall make adjustment within three months;
(19) The proportion of the Fund's investment in depositary receipts shall be limited to stocks listed and traded in China
Execute and calculate the shares listed and traded in China together;
(20) Others stipulated by laws and regulations, CSRC and the Fund Contract
Investment restrictions.
Except for (2), (10), (16), (17) and (18) above
Market fluctuations, mergers of securities issuers, changes in fund size and other factors other than fund managers
If the investment proportion of the Fund does not conform to the above investment proportion, the Fund Manager shall
It shall be adjusted within five trading days, but the special circumstances and laws and regulations stipulated by the CSRC are otherwise
Except as specified.
The Fund Manager shall make the investment of the Fund within 6 months from the effective date of the Fund Contract
The portfolio proportion shall comply with the relevant provisions of the fund contract. During the above period, the investment scope of the Fund
The enclosure and investment strategy shall comply with the provisions of the fund contract. The Fund Custodian's investment in the Fund
The supervision and inspection shall start from the effective date of the fund contract.
When the fund holds specific assets and there are or potential large redemption applications, according to the maximum limit
In order to protect the interests of fund share holders, the Fund Manager shall negotiate with the Fund Custodian
Consistent, and after consulting with the accounting firm, the fund contract can be
It is agreed to enable the side pocket mechanism.
During the implementation of the side pocket mechanism, the portfolio proportion and portfolio restrictions agreed in this part are about
It is only applicable to the main bag account.
The specific rules of the side pocket mechanism shall be in accordance with the provisions of relevant laws and regulations and the provisions of the fund contract
Regular implementation.
Laws, administrative regulations or regulatory authorities cancel or change the above restrictions, if applicable to the Base
After the Fund Manager has performed the appropriate procedures, the investment of the Fund will no longer be subject to the relevant restrictions or
The changed regulations shall prevail.
（3） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Supervise the prohibited acts of fund investment in Item (11) of Article 15 of this Agreement.
In accordance with the provisions of laws and regulations on the related party transactions of the Fund, the Fund Manager and the Fund
The financial custodian shall provide each other in advance with the shareholders who have a controlling relationship with this institution or have
The list of companies with other significant interests and their updates shall be submitted in a manner agreed by both parties,
Ensure the authenticity, integrity and comprehensiveness of the list of connected transactions provided. Fund manager
Be responsible for keeping a true, complete and comprehensive list of connected transactions and updating the name in a timely manner
Single. After the list is changed, the Fund Manager shall promptly send it to the Fund Custodian, who shall
Timely confirm changes to known lists. If the Fund Custodian strictly follows the supervision in the operation
Process, if the fund manager still conducts related party transactions in violation of regulations and causes losses to fund assets
The Fund Manager shall bear the responsibility, and the Fund Custodian shall have the right to report to the CSRC.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their holdings
Securities or securities issued by shareholders, actual controllers or companies with significant interests
Securities underwritten during the sales period or other major related party transactions shall meet the requirements of the Fund
Investment objectives and strategies, follow the principle of giving priority to the interests of fund share holders, and guard against interests
Conflict, establish and improve the internal approval mechanism and evaluation mechanism, and implement according to fair and reasonable market price
that 's ok. Relevant transactions must be approved by the Fund Custodian in advance and disclosed in accordance with laws and regulations
Dew. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review, and shall be subject to two thirds
Approved by the independent directors on. The Board of Directors of the Fund Manager shall, at least half a year
Review.
（4） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Supervise the participation of fund managers in the inter-bank bond market.
The Fund Manager shall provide the Fund Custodian with careful re selection prior to the investment and operation of the Fund
List of selected inter-bank bond market counterparties applicable to the Fund, and agree on each trading pair
The applicable transaction settlement method. The Fund Custodian supervises whether the Fund Manager follows the preconditions
The list of counterparties in the inter-bank bond market provided for trading. The fund manager can
Update the list of counterparties in the inter-bank bond market, such as the fund manager
If the list of counterparties in the inter-bank bond market needs to be temporarily adjusted, it should be explained to the fund custodian
The reason shall be negotiated with the fund custodian before the transaction with the counterparty. Fund manager
After receiving the written confirmation from the Fund Custodian, the list confirmed to be adjusted becomes effective
Transactions that have been conducted with the eliminated counterparty but have not been settled before the effective date shall still be in accordance with the agreement
Negotiate settlement. The fund manager is responsible for the credit control of counterparties
Trading is conducted according to the trading rules of the market, and the fund custodian is based on the transaction sheet of the inter-bank bond market
Supervise the performance of the contract, but not bear the losses caused by the counterparty's failure to perform the contract.
If the fund custodian discovers that the fund manager has failed to comply with the agreed counterparty or
When trading by means of trading, the Fund Custodian shall timely remind the Fund Manager that the Fund is in custody
I will not bear the corresponding losses and responsibilities caused thereby. If the fund manager does not provide a list,
It is deemed that it can trade with all market counterparties.
（5） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Supervise the fund manager's investment bank deposits.
If the Fund invests in bank deposits, the Fund Manager shall, in accordance with the provisions of laws and regulations and the Fund
As agreed in the contract, establish an investment system, prudently select deposit banks, and properly control risks; and
Cooperate with the Fund Custodian to complete relevant business handling as required by the Fund Custodian.
（6） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Calculation of net asset value of funds, calculation of net asset value of various fund units, receipt of funds receivable, funds
Determination of expenses and income, fund income distribution, relevant information disclosure, fund promotion
The materials contain fund performance data for supervision and verification.
If the Fund Manager wills false performance without the approval of the Fund Custodian
If the data is printed on the promotional materials, the Fund Custodian will not be responsible for it, and
It will report to the CSRC immediately upon discovery.
（7） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Agreement,
Supervise the Fund's investment in restricted securities.
1. The Fund's investment in negotiable restricted securities shall comply with the Regulations on Private Offering of Fund Investment
Notice on Issues Related to Circulating Restricted Securities such as Stocks and other relevant laws and regulations.
2. Circulating restricted securities, including non-public issuance of shares and offline allocation of public issuance of shares
The tradable securities, such as the part sold, which are locked for a certain period of time at the time of issuance, do not include those issued due to
Securities temporarily suspended due to important news or other reasons, issued and unlisted securities, repurchase
Pledged bonds and other negotiable restricted securities in the transaction.
3. Prior to the initial investment in restricted securities, the Fund Manager shall formulate relevant investment
Capital decision-making process, risk control system, liquidity risk control plan and other rules and regulations. fund
The manager shall reasonably arrange the investment ratio of the tradable restricted securities according to the needs of fund liquidity
For example, the specific proportion shall be specified in the risk control system to avoid liquidity risk of the fund.
The above rules and regulations shall be approved by the Board of Directors of the Fund Manager. The above rules and regulations are approved by the Board of Directors
After that, the Fund Manager shall approve the above rules and regulations and the Board of Directors
The resolution shall be submitted to the Fund Custodian.
4. Before investing in restricted negotiable securities, the Fund Manager shall trade at least one time in advance
The Fund Custodian shall be provided with relevant information on restricted negotiable securities on a daily basis, which shall specifically include:
Not limited to the following documents (if any):
The number of shares to be issued, pricing basis, copies of regulatory authority's approval documents, funds
Copy of the sales agreement signed between the manager and the underwriter, payment notice, and the fund to be subscribed
Quantity, price, total cost, transfer account number, transfer amount, transfer time document, etc. fund
The manager shall guarantee the authenticity and integrity of the above information.
5. The Fund Custodian shall, in the process of supervising the Fund Manager's investment in restricted securities,
If it is believed that the specific investment behavior of the fund manager may affect the
The Fund Custodian has the right to require the Fund Manager to deal with the risks caused by the Fund assets
The elimination or preventive measures shall be supplemented and rectified, and a written explanation shall be made. If the fund manager fails to
In case of supplementation, rectification and explanation within the specified time limit, the Fund Custodian shall inform the Fund Custodian in writing in advance
The fund manager has the right to refuse to execute its relevant instructions. Fund property caused by refusal to execute the instruction
In case of any loss of assets, the Fund Custodian shall not bear the corresponding responsibility and shall have the right to report to the CSRC.
6. The Fund Manager shall ensure that the restricted negotiable securities invested by the Fund are registered and deposited in the Base
And ensure that the Fund Custodian can make normal inquiries. Caused by the fund manager
The registration and depository of restricted negotiable securities has caused losses to the fund property or the fund custodian is unable to
The fund manager shall bear the responsibility and losses for the safe custody of the fund property.
7. If the Fund Manager fails to submit relevant information to the Fund Custodian in accordance with this Agreement
The Fund Custodian is unable to perform its duties as a custodian due to data or false data submitted,
The Fund Manager shall bear the corresponding legal consequences according to law. Except that the Fund Custodian fails to comply with the Fund Agreement
In addition to the performance of duties under this Agreement, losses arising from investment in restricted securities and fund custody
I will not bear the above losses after I perform my supervision duties in accordance with this Agreement.
（8） The Fund Custodian discovers the above matters and investment orders or actual situation of the Fund Manager
In case of violation of laws, regulations and provisions of the fund contract in the investment operation, it shall be notified in writing in a timely manner
The fund manager shall make corrections within a time limit. The Fund Manager shall actively cooperate with and assist the Fund Custodian in its supervision
Supervision and verification. After receiving the notice, the Fund Manager shall check it in time before the next working day and submit a written statement
Send a reply to the Fund Custodian in face to explain the reasonable doubts of the Fund Custodian or
Provide evidence, explain the reasons for the violation and the time limit for correction, and ensure timely correction within the specified time limit. stay
The Fund Custodian has the right to review the notified items at any time within the above specified period, and urge the Fund Custodian to
The gold manager corrects. The Fund Manager fails to meet the deadline for the violation notified by the Fund Custodian
In case of internal correction, the Fund Custodian shall report to the CSRC. Fund Custodian Finds Fund Management
The investment orders that have come into force in accordance with the transaction procedures violate laws, administrative regulations and other relevant laws
If it violates the provisions of the fund contract, it shall immediately notify the fund manager and report
China Securities Regulatory Commission.
（9） The Fund Manager has the obligation to cooperate with and assist the Fund Custodian in accordance with laws, regulations
The Fund Contract and this Custodian Agreement shall check the Fund business. Letter to the Fund Custodian
The Fund Manager shall reply and correct within the specified time, or
Explain or provide evidence in reasonable doubt; Fund custodians are required to report to China Securities Regulatory Commission
The Fund Manager shall actively cooperate in providing relevant data on matters that will be submitted to the Fund Supervision Report
Materials and systems, etc.
（10） If the Fund Custodian finds that the Fund Manager has major violations, it shall report them in a timely manner
The CSRC shall notify the fund manager to correct within a time limit and report the correction results to China
CSRC. The Fund Manager refuses or obstructs the other party to act in accordance with the provisions of this Agreement without justified reasons
Exert supervision power, or take delay, fraud and other means to prevent the other party from conducting effective supervision, and the circumstances are strict
If the Fund Custodian fails to correct after warning, the Fund Custodian shall report to the CSRC
meeting.
4、 The Fund Manager's business verification of the Fund Custodian
（1） The Fund Manager shall check the performance of custody duties by the Fund Custodian
The matters to be investigated include the safe custody of fund assets by the fund custodian, the opening of fund accounts for fund assets
Securities account and other accounts required for investment, review the net asset value of the fund calculated by the fund manager and
Net value of Class A fund units, clearing and settlement according to the instructions of the fund manager, and relevant information disclosure
And supervising fund investment operations.
（2） The Fund Manager finds that the Fund Custodian misappropriates the Fund assets without authorization and fails to
The assets are managed separately, and the fund manager's fund transfer instructions are not executed or delayed without reason
The disclosure of fund investment information violates the Fund Law, the Fund Contract, this Agreement and other relevant provisions
When required, the Fund Custodian shall be notified to make corrections within a time limit in a timely manner by telephone reminder or in writing. base
After receiving the notice, the custodian shall check it in a timely manner before the next working day and give it in writing
The gold manager sends a reply, stating the reasons for the violation and the time limit for correction, and guarantees that it will be within the specified time limit
Correct in time. The Fund Manager has the right to notify the matters at any time within the above specified period
Review and urge the Fund Custodian to correct. The Fund Custodian shall actively cooperate with the Fund Manager to verify
Inspection activities, including but not limited to: submitting relevant materials for the Fund Manager to verify the custody property
Reply to the fund manager and make corrections within the specified time.
（3） The Fund Manager shall report in a timely manner if it finds that the Fund Custodian has major violations
The CSRC shall also notify the fund custodian to make corrections within a time limit and report the results of the corrections to China
CSRC. The Fund Custodian refuses or obstructs the other party to act in accordance with the provisions of this Agreement without justified reasons
Exert supervision power, or take delay, fraud and other means to prevent the other party from conducting effective supervision, and the circumstances are strict
If the Fund Manager refuses to correct after warning, the Fund Manager shall report to the CSRC
meeting.
5、 Custody of fund assets
（1） Principles of Fund Property Custody
1. The Fund property shall be independent of the inherent property of the Fund Manager and the Fund Custodian.
2. The Fund Custodian shall keep the Fund assets safely. Without the legal procedures of the fund manager
The Fund Custodian shall not use, dispose of or distribute the Fund on its own in accordance with the legal and compliance instructions given in the Order
Any property of.
3. The Fund Custodian shall open the fund account, securities account and other investment accounts of the Fund assets in accordance with the provisions
Account required for capital.
4. The Fund Custodian shall set up accounts for different fund assets under its custody and manage them separately,
Independent accounting to ensure the integrity and independence of fund assets.
5. The Fund Custodian shall, in accordance with the instructions of the Fund Manager
Agree to keep the fund property. In case of special circumstances, both parties can negotiate separately.
6. The fund manager shall be responsible for the assets receivable arising from the fund investment
The relevant parties determine the date of receipt and notify the fund custodian that the fund property has not arrived on the date of receipt
In case of a fund account, the Fund Custodian shall timely notify the Fund Manager to take measures for collection.
If any loss is caused to the fund property, the fund manager shall be responsible for recovering the fund from the relevant parties
The Fund Custodian shall provide active cooperation and assistance in case of loss of the Fund's assets.
7. Except in accordance with laws and regulations and the provisions of the Fund Contract, the Fund Custodian shall not entrust
The three persons are entrusted with the fund assets.
（2） Fund raising period and capital verification of raised funds
1. The funds during the fund raising period shall be deposited with the fund manager in a business with custody qualification
Special account for fund subscription opened by Industrial Bank. The account shall be opened and managed by the fund manager.
2. The total amount of fund units raised, the fund
The amount raised and the number of fund unit holders comply with the Fund Law and the Public Offering of Securities Investment
After the Fund Operation Management Measures and other relevant provisions, the Fund Manager shall
All funds shall be transferred to the fund custody account opened by the fund custodian, and at the same time
And employ an accounting firm that complies with the provisions of the Securities Law of the People's Republic of China
Capital verification report shall be issued. The capital verification report issued by 2 or more participants
It is valid only when it is signed by a certified public accountant in China.
3. If the fund raising period expires and the conditions for the effectiveness of the fund contract are not met, the fund
The Fund Custodian shall provide full assistance to the Manager in handling refund and other matters as required.
（3） Opening and management of fund account
1. The Fund Custodian shall be responsible for the opening and management of the Fund's capital account.
2. The Fund Custodian shall, in the name of the Fund, open the capital of the Fund in its business institution
And handle the receipt and payment of funds according to the legal and compliant instructions of the fund manager. The Fund's
The reserved seal of the bank shall be kept and used by the fund custodian. All monetary income and expenditure activities of the Fund,
Including but not limited to investment, payment of redemption amount, payment of fund income, collection of subscription amount
It shall be conducted through the fund account of the Fund.
3. The opening and use of the fund custody account is limited to the fund business
Needs. The Fund Custodian and the Fund Manager shall not open any fund in the name of the Fund
Other bank accounts; It is also prohibited to use any account of the Fund for activities other than the business of the Fund.
4. The opening and management of the fund custody account shall comply with relevant laws and regulations
regulations.
5. Under the conditions of compliance with laws and regulations, the Fund Custodian may
The custodian's special account handles the payment of fund assets.
（4） Opening and management of fund securities account and settlement provision account
1. The Fund Custodian shall open the Fund's foundation in China Securities Depository and Clearing Co., Ltd
A securities account jointly signed by the fund custodian and the fund.
2. The opening and use of the Fund's securities account shall be limited to meeting the needs of conducting the Fund's business.
The Fund Custodian and the Fund Manager shall not lend or transfer the Fund without the consent of the other party
Any securities account or any account of the Fund shall not be used for activities other than the business of the Fund
Move.
3. The fund custodian, in the name of its own legal person, is registered with the China Securities Depository and Clearing Corporation Limited
The company opens a settlement reserve account and completes the registration and settlement with China Securities on behalf of the funds under its custody
The fund manager shall actively assist in the liquidation of the first level legal person of the limited liability company.
The collection of settlement provisions shall be subject to the provisions of China Securities Depository and Clearing Corporation Limited.
4. The Fund Custodian shall be responsible for the opening of the Fund's securities account and the custody of the receipt of account opening
The fund manager shall be responsible for the management and application of the assets of the account.
5. After the effective date of this Custodian Agreement, the Fund is allowed to engage in other investment varieties
Investment business involving the opening and use of relevant accounts shall be opened, used and
Administration; In the absence of relevant provisions, the Fund Custodian shall refer to and comply with the above regulations on account opening
Provisions on design and use.
（5） Opening and management of special bond custody account
After the Fund Contract comes into force, the Fund Custodian shall register in accordance with the People's Bank of China and the Central Government Bonds
The relevant provisions of the Clearing Company Limited and the Inter bank Market Clearing House Co., Ltd
The name of the fund is in the shares of the Central Government Securities Depository and Clearing Co., Ltd. and the inter-bank market clearing house
Limited companies open bond custody and settlement accounts, and conduct inter-bank market bonds on behalf of the Fund
Settlement of securities. The Fund Manager, on behalf of the Fund, signs the national inter-bank bond market bond repurchase agreement
agreement.
（6） Opening and management of futures related accounts
The fund manager shall open a futures settlement account and a futures capital account in accordance with relevant regulations,
Obtain the transaction code at China Financial Futures Exchange. Name of futures settlement account and futures funds
The account name and the corresponding name of the transaction code shall be established in accordance with relevant regulations.
The Fund Custodian has obtained the qualification of depository bank for futures deposits, and the Fund Manager has authorized
The gold custodian handles the relevant bank futures transfer business.
（7） Opening and management of other accounts
1. Other accounts opened for business development may be opened in accordance with laws, regulations and funds
The provisions of the contract shall be opened after consultation between the Fund Manager and the Fund Custodian. New account according to relevant
Use and manage rules.
2. If laws, regulations and other relevant provisions provide otherwise for the opening and management of relevant accounts
The regulations shall apply.
（8） Custody of relevant valuable certificates of fund property investment
Valuable certificates such as physical securities and certificates of deposit of fixed bank deposits related to the investment of fund assets shall be issued by
The Fund Custodian shall be responsible for proper custody, and the custody certificate shall be held by the Fund Custodian. Physical security
The purchase and transfer shall be handled by the Fund Custodian according to the instructions of the Fund Manager. Belongs to Gikinto
The physical securities under the actual and effective control of the custodian are damaged or lost during the custody period of the fund custodian,
The resulting liability shall be borne by the Fund Custodian. Fund Custodian to Fund Custodian
The securities actually and effectively controlled by the institution shall not bear the custody responsibility.
（9） Custody of major contracts related to fund assets
Original copies of major contracts related to the Fund signed by the Fund Manager on behalf of the Fund
It shall not be kept by the Fund Manager or the Fund Custodian. Unless otherwise specified in the Agreement, the Fund Manager
When signing major contracts related to the Fund on behalf of the Fund, it shall be ensured that one party of the Fund holds two copies
The original of the above, so that the Fund Manager and the Fund Custodian each hold at least one original
Pieces. The period of custody of major contracts shall not be less than the minimum period prescribed by laws and regulations.
6、 Sending, confirmation and execution of instructions
The fund manager sends the fund transfer and
The Fund Custodian shall execute the instructions of the Fund Manager and handle the funds under the name of the Fund
And other related matters. The Fund Manager shall send instructions by electronic instruction or fax
Or confirmed by both parties.
（1） General agreement on electronic instruction mode
1. The Fund Manager sends it through the clearing management system client provided by the Fund Custodian
Electronic instructions, or sent by the fund manager through calling the data interface provided by the fund custodian
Electronic instructions.
2. The Fund Custodian shall provide the Fund Manager with a client certificate, and the Fund Manager shall approve the application of
Handle relevant business with customer certificate and corresponding password, and will not deny that it sends
Effectiveness of the issued electronic instructions. All electronic indicators that have passed the customer certificate and password authentication at the same time
Order shall be deemed as the act of the Fund Manager, and all consequences arising therefrom shall be borne by the Fund Manager
Dan.
3. The Fund Manager shall exercise reasonable care and use clients in a safe environment
Take reasonable measures such as timely updating anti-virus software and installing system security patches; set up
Set a password with high security, and avoid using simple passwords or passwords that are easy to be guessed by others
Etc; Keep the customer certificate and corresponding password properly. In case of theft of customer certificate and password
In case of disclosure, the Fund Custodian shall be notified in time to change the certificate and reset the password
The Fund Manager shall bear all consequences caused before the certificate change and password reset.
When the electronic order cannot be sent normally, both parties shall confirm it by fax or jointly
Handle relevant business in other ways.
（2） The Fund Manager's written authorization to the personnel who send instructions by fax
1. The Fund Manager shall designate a special person and a special fax number to send instructions to the Fund Custodian.
2. The Fund Manager shall provide the Fund Custodian with a written authorization document, which shall include
There is a seal reserved by the fund manager, which is sent by the fund custodian to determine the manager
The only basis for the instruction surface consistency. The Fund Manager sends the authorization document to the Fund Custodian
After that, it shall be confirmed by telephone in a timely manner to ensure that the Fund Custodian can check and receive it in a timely manner.
3. The Fund Custodian receives the fax of the authorization document and is confirmed by the Fund Manager by telephone
The authorization document will take effect. The Fund Manager shall, within three working days after sending the fax
The original of the authorization document shall be delivered to the Fund Custodian
In case of any discrepancy between the originals, the faxed copy shall prevail.
4. The Fund Manager and the Fund Custodian are obliged to keep confidential the authorization documents, and their contents are not
It may be disclosed to anyone other than the authorized person and relevant operators, as otherwise stipulated by laws and regulations
Unless otherwise required by the competent authority.
（3） Content of instructions
1. Instructions include payment instructions (including redemption, dividend payment instructions, inter-bank business transfer
And other fund transfer instructions.
2. The instructions issued by the Fund Manager to the Fund Custodian shall specify the reason for the payment, the time of payment
Time of arrival, amount, account information, etc., with reserved seal affixed.
（4） Time and procedure for sending, confirming and executing instructions
1. Sending and confirmation of instructions
The Fund Manager shall, in accordance with the provisions of laws and regulations and the Fund Contract, conduct its legal operations
Send instructions within the authority and transaction authority.
After the fund manager sends the instruction through electronic instruction, the instruction status will become "trust"
The custodian bank has received "or" the custodian bank is in process ". The above command status change time is regarded as a command
Time of arrival at the Fund Custodian. The fund manager shall timely inquire the instruction form after sending the instruction
Status. If it is found that the order is not sent successfully or the status of the order is wrong, it should immediately contact the fund custodian
solve. The Fund Custodian provides the Fund Manager with inter-bank transaction sheet information through the client
Fund redemption information, management fee, custody fee, sales service fee, trading unit commission, etc
Accounts payable information. The Fund Manager shall check the electronic instructions generated according to the above information
Or confirm that the Fund Custodian will not be liable for the error in the amount of instructions generated due to the provision of the above information
Responsibility.
After the fund manager sends the order with the reserved seal by fax, it shall promptly
Confirm with the Fund Custodian by telephone. The Fund Manager shall, after the completion of the transaction
After affixing the reserved seal on the inter transaction transaction form, it shall be faxed to the fund custodian in a timely manner and confirmed by telephone.
The Fund Custodian designates a special person to receive the instructions of the Fund Manager and the inter-bank transaction transaction form
Confirmation telephone number of the Fund Manager. After the order or transaction order reaches the fund custodian
The administrator shall designate a special person to conduct a superficial consistency review according to the authorization documents provided by the fund manager
Check, timely and prudently verify relevant contents and seals, and the Fund Custodian does not accept the authenticity of the order
Take responsibility. In case of any doubt, the Fund Manager must be notified in a timely manner.
When sending instructions, the Fund Manager shall reserve at least 2% for the Fund Custodian to execute the instructions
Working hours. The instruction transmission is not timely or reserved due to the reason of the fund manager
The fund fails to arrive in time due to insufficient transfer time and insufficient funds
The loss shall be borne by the fund manager.
2. Execution of instructions
The Fund Custodian shall implement the instructions in a timely manner after verifying them.
The Fund Manager shall ensure that when the Fund Custodian executes the instruction, the fund custody account
There is sufficient fund balance, otherwise the Fund Custodian may refuse to implement it, but it shall notify the Fund in a timely manner
The Fund Manager shall review and find out the reasons, and confirm that this trading instruction is invalid
The Custodian shall not be liable for any loss caused by failure to execute the instruction.
For orders with high timeliness requirements such as new share subscription, the fund manager must promptly
Order is sent to the custodian and confirmed by telephone, and sufficient instructions are reserved for the fund custodian
Time.
The Fund Custodian has the right to refuse to execute the instructions with insufficient funds at the time of transmission, provided that
The Fund Manager shall be notified at the same time. If the fund manager confirms that the order will not be cancelled, it shall make full use of funds
The time when the Fund Custodian is notified shall be deemed as the time when the order is received, because the account fund balance is insufficient
The custodian shall not bear the investment losses caused thereby.
（5） The circumstances and handling procedures of the Fund Manager sending wrong instructions
If the Fund Custodian finds any error in the instruction, it shall prompt the Fund Manager to correct it before implementing it,
If the loss of delay caused thereby is borne by the Fund Manager, the Fund Custodian shall timely fulfill the notice
After taking responsibility, he will not be responsible for the delay losses caused by such wrong instructions.
（6） The circumstances and punishment of the Fund Custodian's postponement or refusal to execute the order in accordance with laws and regulations
Management procedure
If the Fund Custodian finds that the Fund Manager's instructions violate laws, administrative regulations and other provisions
In case of any violation of the relevant provisions or the provisions of the fund contract, the execution shall be suspended or refused as the case may be,
Timely notify the Fund Manager.
If the Fund Custodian finds that the instructions of the Fund Manager that have become effective in accordance with the trading procedures violate
In case of anti laws, administrative regulations and other relevant provisions, or in violation of the fund contract
Timely notify the Fund Manager that the Fund Custodian has performed its supervisory duties in accordance with this Agreement
In case of liability, the fund manager shall bear the losses caused thereby.
（7） The handling method for the Fund Custodian's failure to follow the instructions of the Fund Manager
The Fund Custodian fails to execute or wrongly executes the Fund Manager due to its own reasons
If any damage is caused to the interests of the Fund, it shall take timely measures to make up for it,
If losses are caused to the fund manager, fund property or fund share holders
Shall be liable for direct economic losses.
（8） Change of authorization notice
1. If the fund manager modifies the content of the authorization notice, it shall do so at least three times in advance
Inform the Fund Custodian by telephone on weekdays. The Fund Manager shall provide a written notice of change authorization
The documents shall be sent to the Fund Custodian by fax after being stamped with the official seal, and at the same time, by telephone
Confirm with the Fund Custodian. The notice of change of authorization is transmitted to the Fund Custodian upon receipt of relevant documents
The true copy shall come into effect when confirmed by telephone with the fund manager. The Fund Manager shall, within the next three working days
The original of the notice of change of authorization shall be delivered to the Fund Custodian. If the original is inconsistent with the fax,
The fax copy shall prevail.
2. The Fund Custodian shall change the personnel receiving the instructions of the Fund Manager and their contact information to
Send fund management by fax or other methods agreed by both parties one working day in advance
People. The Fund Custodian changes the personnel receiving instructions from the Fund Manager and their contact information from the Fund Custodian
It will take effect after being confirmed by telephone.
（9） Other matters
1. When the fund custodian receives the order, whether the elements of the order are complete and the seal is
Whether it is consistent with the content of the reserved authorization document. If any problem is found
Timely notify the Fund Manager.
2. In addition to being liable for damages to the interests of the Fund due to its own reasons
The Fund Custodian's guidance on the implementation of the Fund Manager's instructions in accordance with laws, regulations and this Agreement
We will not be liable for the possible losses.
7、 Transaction, clearing and settlement arrangements
（1） Select securities and futures operating institutions that act as agents for securities and futures trading
The fund manager shall design and select the securities and futures trading machine that can act as agent for securities and futures trading
Standards and procedures of the organization. The Fund Manager is responsible for selecting the securities trading agent of the Fund
Business institutions use their trading units as the trading units of funds. Fund manager and selected
The Fund Manager shall notify the Fund Custodian in advance of the signing of the entrustment agreement by the securities operating institution of.
The Fund Manager shall, in accordance with the relevant provisions, select from the Fund's interim report and annual report
Relevant information of the securities operating agency, and the transaction of securities purchased and sold by the fund through the securities operating agency
Volume, repo volume and commissions paid shall be disclosed, and the above information and special use of funds shall be disclosed
Basic information of the fund such as transaction unit number, commission rate and changes shall be timely written
Notify the Fund Custodian. Changes due to the modification of relevant laws and regulations or transaction rules
The effective laws, regulations and relevant transaction rules shall prevail.
The Fund Manager is responsible for selecting the futures brokerage institutions that act as agents for the futures trading of the Fund, and
They sign futures brokerage contracts, and other matters shall be in accordance with the relevant provisions of laws and regulations and fund contracts
Implementation. If there is no clear provision, the relevant securities trading and securities brokerage institutions can refer to the
Rule execution.
（2） Settlement arrangements after the fund invests in securities
1. Clearing and settlement
The Fund Custodian shall be responsible for the clearing and settlement of the securities traded by the Fund. Fund remittance and transfer are entrusted by the fund
The Fund Manager shall handle the transaction according to the transaction results of the Fund Manager.
If the loss of fund assets is caused in liquidation due to the Fund Custodian's own reasons
The Fund Custodian shall be responsible for compensating the losses of the Fund; If the fund manager has not notified in advance
The Fund Custodian added trading units, resulting in incomplete data received by the Fund Custodian, resulting in clearing
The fund manager shall be responsible for the accounting errors; If the fund manager has not notified in advance
For transactions to be settled separately, the fund manager shall bear the losses of fund assets; If by
Reasons for overbought and oversold of fund managers in violation of laws, regulations and trading rules
The Fund Custodian shall immediately notify the Fund Custodian of the difficulties and risks caused by the Fund investment liquidation
The fund manager shall be responsible for the settlement of the loss caused to the fund
Undertake.
The Fund Manager shall take reasonable measures to ensure its management at the end of the trading day (T day)
There are enough funds in each of the escrow asset capital accounts to complete the capital settlement on T+1 day on time.
If the asset fund account managed by the manager fails to meet the delivery requirements on T+1 day
If the custodian adopts a fixed proportion of the minimum provisions, the administrator shall
11: Make up the amount before 00. For the custodian, the differentiated minimum provision proportion method is adopted
The administrator shall make up the amount before 8:30 on T+1 at the latest to ensure that the custodian can complete it in time
Clearing and settlement.
If the clearing result of the Hong Kong Stock Connect transaction on T day is net payable, the Fund Manager shall ensure that
Before 14:00 on T+1 day, the custody account has enough funds for the securities trading funds of the exchange
Fund liquidation. If the fund's capital position is insufficient, the fund custodian shall settle the fund in accordance with the
Relevant regulations.
If the clearing result of the Hong Kong Stock Connect transaction on T day is net receivable, the Fund Custodian shall
The funds receivable shall be returned before 12:00 a.m.
For risk control funds, dividends/company acquisition funds, securities portfolio fees cleared on T day, such as
If it is net payable, the Fund Manager shall ensure that the escrow account is sufficient before 10:00 a.m. on T+1
If the funds are sufficient, the custodian will deduct the net payable funds at 10:00 a.m. on T+1 day.
For risk control funds, dividends/company acquisition funds cleared on T day, if they are net receivables,
The custodian shall return the funds receivable before 12:00 a.m. on T+1 day.
The Fund Manager shall ensure that the Fund Custodian executes the transfer instructions sent by the Fund Manager
At the time of order, there is sufficient funds in the fund custody account or fund settlement account. Fund assets
When the gold position is insufficient, the Fund Custodian has the right to refuse the transfer instruction sent by the Fund Manager, but
The Fund Manager shall be notified in a timely manner. The fund manager shall give full consideration to the basic fund
The processing time of the fund custodian's transfer. Under the condition that the fund fund position is sufficient, the fund shall be placed in custody
We shall not delay or
Reject execution.
2. Time and method of reconciliation of transaction records, capital and securities accounts
(1) Reconciliation of transactions
The Fund Manager and the Fund Custodian shall check the transaction records on a daily basis. Net amount of external disclosure
Before setting the value, it is necessary to ensure that all the actual transaction records of the day and the transaction records on the fund accounting books
The records are completely consistent. If the actual transaction record is inconsistent with the accounting book record, the foundation
If the accounting is incomplete or untrue, the loss caused to the Fund shall be borne by the Fund Manager.
(2) Reconciliation of capital accounts
The capital accounts are verified on a daily basis, and the accounts are consistent with the facts.
(3) Reconciliation of securities accounts
The Fund Custodian shall check the types and quantities in the securities account on time to ensure daily trading
The type and quantity of securities in the securities account after closing shall be consistent with the records in the fund accounting books.
(4) Physical voucher account
The physical voucher account shall be checked by the relevant parties at the end of each month.
（3） Basic Provisions on Fund Purchase, Redemption and Conversion
1. Confirmation and liquidation of subscription, redemption and conversion of fund units designated by the fund manager
The registration authority is responsible.
2. The Fund Manager shall transfer the subscription, redemption and conversion of open-ended funds
The data is transmitted to the fund custodian. The Fund Manager shall open the subscription, redemption and conversion
Responsible for the data authenticity of mutual funds.
3. The Fund Manager shall ensure that the registration institution entrusted by it must be at 15:00 every working day
Send the above relevant data of the previous opening day to the Fund Custodian in advance, and ensure the accuracy of the relevant data
Accurate and complete.
4. The registration authority shall send relevant data through the system established with the fund custodian
For various reasons, the system cannot send normally, and both parties can solve the problem through negotiation. Fund management
The data sent by the Manager to the Fund Custodian shall be kept by both parties in accordance with relevant regulations.
5. If the Fund Manager entrusts other institutions to handle the registration business of the Fund, the above matters
The registration institution entrusted by the fund manager shall be responsible for it.
6. Establishment and management of special clearing account
In order to meet the needs of subscription, redemption and dividend capital remittance, the fund manager shall issue the capital
The special account for cash clearing shall be managed by the registration agency.
（4） Capital clearing of subscription, redemption and fund conversion of open-ended funds
If the fund is a net receivable on that day, the fund manager shall not later than the payment settlement date
Transfer the funds to the special asset custody account before 15:00 of the day.
The Fund Custodian shall timely check whether the funds have arrived in the account,
The Fund Manager shall be notified of the transfer in a timely manner, and the responsibilities arising therefrom shall be borne by the Fund Manager.
If the fund is net payable on that day, the Fund Custodian shall follow the instructions of the Fund Manager
Transfer in time. If the account balance is insufficient for payment when the order is received
The interval is the instruction receiving time. Due to insufficient funds in the fund custody account, the fund
If the custodian fails to make the payment on time due to the reason of the fund manager, the responsibility shall be borne by the fund manager
The Fund Custodian shall not undertake the obligation of advance, but the Fund Custodian shall notify the Fund in a timely manner
administrator.
（5） Fund financing
If the Fund is financed in accordance with relevant national regulations, the Fund Custodian shall finance the Fund
Provide necessary assistance.
（6） Fund dividend
1. The Fund Manager shall notify the Fund Custodian of the dividend plan, which shall be approved by both parties in accordance with
The relevant provisions of the Information Disclosure Measures shall be announced on the media specified by the CSRC.
2. After the fund custodian and the fund manager conduct accounting treatment and check on the fund dividends,
When the Fund Manager sends the transfer instruction of cash dividends to the Fund Custodian, the Fund Custodian shall
Timely transfer the dividends to the fund clearing account according to the instructions.
3. The Fund Manager shall reserve necessary funds for the Fund Custodian when giving instructions
Between.
8、 Calculation and accounting of fund net asset value
（1） Calculation and review procedures of the net asset value of the Fund
1. Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
The net value of various fund units is based on the basic value of various fund units
The net asset value of the fund is calculated by dividing it by the balance of such fund units on the current day, and is accurate to
0.0001 yuan, the fifth digit after the decimal point is rounded off, and the resulting gains or losses are calculated by
Financial property assumption. The fund manager can set up an emergency adjustment of net value accuracy in the case of large redemption
Integration mechanism. In case of special circumstances, in order to protect the interests of fund share holders, the Fund Manager and
The Fund Custodian can adjust the accuracy of the calculation of the net value of the Fund units periodically and make a comparison
It shall be announced that there is no need to convene a general meeting of fund share holders for deliberation. If otherwise provided by the state
regulations.
The Fund Manager shall calculate the net asset value of the Fund and the net value of various fund units every working day
Value, and publish as required.
2. Review procedure
After the fund manager evaluates the fund assets on each working day
The net value result shall be sent to the Fund Custodian, and after the Fund Custodian has checked and found no error, the Fund Manager shall
It shall be published in accordance with the fund contract and relevant laws and regulations.
（2） Fund asset valuation methods and treatment of special circumstances
1. Valuation object
Stocks, bonds, asset-backed securities, derivatives and credit derivatives owned by the Fund
Assets and liabilities such as principal and interest of goods and bank deposits, accounts receivable, other investments, etc.
2. Valuation method
(1) Valuation of securities listed on stock exchanges
1) The securities (including stocks, etc.) listed on the exchange shall be delivered at the stock exchange on the valuation date
Valuation of the market price (closing price) of the Exchange; There is no transaction on the valuation date and after the most recent transaction date
The economic environment has not changed significantly, and the securities issuers have not affected the securities prices significantly
In case of an event, the market price (closing price) of the most recent trading day shall be used for valuation; For example, the economy after the latest trading day
Significant changes have taken place in the environment or major events affecting the securities price have taken place in the securities issuing institutions
The recent transaction can be adjusted by referring to the current market price and major change factors of similar investment varieties
Market price, determining the fair price;
2) The non equity fixed income varieties that have been listed or listed for transfer in the Exchange shall be selected for appraisal
The valuation of the corresponding varieties provided by the third-party valuation benchmark service agency on the duty day is conducted at full price on that day
Valuation;
3) The valuation is selected for the types of fixed income with rights that have been listed or listed for transfer in the Exchange
The only full valuation price of the corresponding variety provided by the third-party valuation benchmark service agency on the day or
Recommend full valuation price for valuation;
4) Fixed income products with investors' right to put back that have been listed or transferred by the exchange
If the right of resale is exercised, a third party shall be selected for valuation between the registration date of the resale and the actual collection date
The only or recommended full valuation price of the corresponding varieties provided by the benchmark service agency
Valuation, taking full account of the impact of changes in the issuer's credit risk on the fair value. Resale
If the right to sell back is not exercised after the deadline of the registration period (inclusive), the price corresponding to the long waiting period shall apply
Valuation;
5) Publicly issued convertible bonds listed on the exchange and traded in active markets include
For bonds converted into equity, the closing price on the valuation date is selected as the full valuation price for bonds subject to full price trading;
For bonds with net price transaction, the closing price on the valuation date shall be selected and the pre tax accrued interest per 100 yuan shall be added
As the full valuation price;
6) The securities listed on the exchange that do not have an active market are suitable for the current situation
The fair price shall be determined by using valuation techniques supported by sufficient available data and other information
Value;
7) For unlisted or unlisted transfer in the exchange market and no active market
The fixed income category of
The fair value is determined by the valuation technology supported by other information.
(2) The securities in the unlisted period shall be handled according to the following circumstances:
1) The new shares issued for stock dividend, conversion into additional shares, allotment and public issuance shall be traded in securities on the valuation date
Valuation method of the same listed stock; If there is no transaction on that day, the latest market
Price (closing price) valuation;
2) For the initial public offering of unlisted shares, the fair value is determined using valuation techniques,
If it is difficult to reliably measure the fair value by the valuation technology, it shall be valued at cost;
3) The initial public offering of unlisted bonds is applicable and sufficient in the current situation
The valuation techniques supported by data and other information can be used to determine its fair value;
4) Shares with a certain period of restricted sale period specified at the time of issuance, including but not limited to non-public shares
Public offering of shares by the company's shareholders during the issuance of shares and IPO
Easy to obtain stocks with limited sales period, excluding trading suspension, newly issued unlisted stocks and repurchase transactions
Pledged bonds and other tradable restricted stocks in China shall be determined according to the relevant regulations of the regulatory authority or industry association
Allowable value.
(3) For fixed income varieties without rights in the national inter-bank market
The full price valuation of the corresponding varieties provided by the valuation benchmark service agency on the current day. To inter-bank market
Fixed income varieties with rights on the market shall be subject to the corresponding requirements provided by the third-party valuation benchmark service agency
The full price of the unique valuation or recommended valuation of the variety on the current day. Including the investor's right to sell back
For the fixed income variety of
Take the unique full valuation price or recommendation of the corresponding variety provided by the third-party valuation benchmark service agency
Valuation Full price valuation, taking full account of the impact of the issuer's credit risk changes on the fair value
Sound. If the right to sell back is not exercised after the deadline (including the date) of the registration period for sale back, it shall be subject to a long waiting period
The corresponding price is estimated. Fixed to the interbank market that is not listed and has no active market
Income category, applicable in the current situation and with sufficient available data and other information
The supported valuation technology determines its fair value.
(4) Where the same security is traded in two or more markets at the same time, it shall be subject to the location of the securities
The market is valued separately.
(5) Futures contracts are valued at the settlement price on the valuation day, and there is no settlement price on the valuation day
If there is no significant change in the economic environment after the latest trading day, the latest trading day settlement shall be adopted
Valuation.
(6) The Fund invests in stock option contracts in accordance with relevant laws, regulations and regulatory authorities
Required valuation.
(7) Credit derivatives are valued at the current valuation price provided by a third-party valuation agency
However, the valuation responsibility that the manager should bear according to law is not exempted by the entrustment; Selected third
If the valuation institution fails to provide the valuation price, it shall comply with the relevant laws and regulations and the Accounting Standards for Business Enterprises
It is required to adopt reasonable valuation techniques to determine the fair value.
(8) The valuation of the Fund's investment depositary receipts shall be calculated according to the shares listed and traded in China
Execution.
(9) Where the Fund participates in financing business, it shall comply with relevant laws and regulations, regulatory authorities and
Valuation according to relevant regulations of the industry association.
(10) If the Fund invests in overseas trading allowed by the stock market trading interconnection mechanism
For stocks listed on the securities market involving the exchange rate of relevant currencies against RMB, please refer to
Prospectus.
(11) In accordance with Chinese laws and regulations and fund investment stock market transaction interconnection
All taxes payable according to the laws and regulations of the place where the overseas trading place involved in the mechanism is located,
The Fund will be valued on the accrual basis; For tax regulation adjustment or other reasons
If there is a difference between the actual tax paid by the Fund and the estimated tax payable, the Fund will
The corresponding valuation adjustment shall be made on the tax adjustment date or the actual payment date.
(12) If there is sufficient reason to show that the valuation conducted by the above method cannot objectively reflect its fair value
In case of allowable value, the Fund Manager may, after consultation with the Fund Custodian according to the specific circumstances
Price valuation reflecting fair value.
(13) In case of large amount purchase or redemption of the Fund, the Fund Manager may adopt
Use the swing pricing mechanism to ensure the fairness of fund valuation.
(14) If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. as
If there are new items, they shall be valued according to the laws and regulations and the latest regulations of the regulatory authorities.
If the fund manager or the fund custodian finds that the fund valuation violates the provisions of the fund contract
Valuation methods, procedures and provisions of relevant laws and regulations or failure to fully maintain fund share holdings
When someone has interests, he/she shall immediately notify the other party, jointly identify the reasons, and both parties shall negotiate for settlement.
In accordance with relevant laws and regulations, the obligations for the calculation of the net asset value of the Fund and the accounting of the Fund shall be determined by
The Fund Manager shall undertake. The fund manager is the fund accounting responsible party of the Fund. Therefore,
With respect to accounting issues related to the Fund, if the relevant parties fully discuss them on an equal basis,
If it is still unable to reach an agreement, it shall be disclosed according to the calculation result of the fund manager on the net value of the fund
To be published.
3. Handling of special cases
(1) The Fund Manager or the Fund Custodian shall carry out the valuation according to Item (12) of the valuation method
The error caused by this will not be treated as an error in the valuation of fund assets.
(2) Due to force majeure, or securities/futures trading places, registration and clearing institutions and depositories
Data error sent by third party institutions such as banks, or changes in national accounting policies, market regulations
Change and other reasons not related to fund manager and fund custodian, fund manager and fund custodian
Although necessary, appropriate and reasonable measures have been taken for inspection, but no error has been found,
The Fund Manager and the Fund Custodian shall be exempted from compensation for the resulting error in the valuation of the Fund assets
Ren. However, the Fund Manager and the Fund Custodian shall actively take necessary measures to eliminate or mitigate
The resulting impact.
（3） Treatment method for net value error of fund units
(1) When the net value of any type of fund unit is within 4 decimal places (including the 4th decimal place)
In case of any error, it shall be deemed as an error in the valuation of such fund units; An error occurred in the calculation of the net value of fund units
The Fund Manager shall immediately make corrections, notify the Fund Custodian, and take reasonable measures
Measures to prevent further expansion of losses; The error deviation reaches 0.25% of the net value of such fund units
The Fund Manager shall notify the Fund Custodian and report to the CSRC for filing; Error deviation
When it reaches 0.50% of the net value of such fund units, the fund manager shall make an announcement and notify the fund
The custodian shall also report to the CSRC for filing; When there is an error in the calculation of the net value of fund units
The Fund Manager shall be responsible for handling the loss caused to the Fund Unitholders and the Fund
The Fund Manager shall make compensation in advance, and the Fund Manager shall have the right to pursue against other parties according to the error situation
Reimbursement.
(2) When the calculation error of the net value of fund units causes losses to the fund and fund unit holders
In case of loss of compensation, the Fund Manager and the Fund Custodian shall define "double" according to the actual situation
Party B shall make compensation according to the following terms after confirmation:
① The fund manager is the fund accounting responsible party of the Fund. Therefore
If the accounting issues related to the Fund have been fully discussed by the relevant parties on an equal basis, there is still no
The opinions reached by the Fund Manager in accordance with the Fund Manager's calculation of the net value of the Fund
publish.
② If the net value of fund units calculated by the fund manager has been reviewed and confirmed by the fund custodian
And the Fund Custodian has not raised any doubt about the calculation process or requested the Fund Manager to write
Note that if the net value of fund units is wrong and causes losses to fund unit holders
To pay compensation to fund share holders or funds in accordance with the provisions of laws and regulations
The amount of compensation paid by the holder or the fund, in which the fund manager and the fund custodian
Each party shall bear the corresponding responsibility for the degree of fault.
③ For example, the calculation results of the Fund Manager and the Fund Custodian on the net value of the Fund units, although
However, after repeated recalculation and verification, if no agreement can be reached, in order to avoid failing to publish the basis on time
The net value of gold units shall be disclosed based on the calculation results of the fund manager, and the fund
The Fund Manager shall be responsible for compensating the losses caused by the Unitholders and the Fund.
④ Due to the information error provided by the fund manager (including but not limited to fund purchase or
Redemption amount, etc.), the Fund Custodian cannot find the error after performing the normal review procedures,
Fund share holders and fund wealth caused by the calculation error of the net value of fund shares
The fund manager shall be responsible for making compensation for the loss of assets.
(3) The fund manager and the fund custodian are generated due to their respective technical system settings
The tail difference of net value calculation shall be subject to the calculation result of the fund manager.
(4) If the above contents are otherwise stipulated by laws and regulations or regulatory authorities, their provisions shall prevail
Li. If there is a common practice in the industry, the fund manager and the fund custodian should follow the principle of equality and security
Negotiate on the principle of protecting the interests of fund share holders. At the same time, the fund manager and the fund trust
The administrator shall actively take necessary measures to eliminate or mitigate the impact caused thereby.
（4） Suspension of valuation
(1) The securities/futures trading market or foreign exchange market involved in the fund's investment meets statutory requirements
When business is suspended on holidays or for other reasons;
(2) Due to force majeure, the Fund Manager and the Fund Custodian can not accurately evaluate the fund
The value of gold assets;
(3) When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date
After consultation and confirmation by the Fund Custodian, the Fund Manager shall suspend the valuation;
(4) Other circumstances identified by laws and regulations, the CSRC and the fund contract.
（5） Fund accounting system
The accounting system stipulated by relevant national departments shall be followed.
（6） Establishment of fund account book
The Fund Manager shall conduct fund accounting and prepare fund financial accounting reports. Fund management
The Manager shall independently set up, record and keep a complete set of account books of the Fund. If the Fund Manager and the Fund Manager
If the fund custodian disagrees with the accounting treatment method, the treatment method of the fund manager shall prevail.
If the check on the current day is inconsistent, the reason for the wrong account cannot be found temporarily, which affects the net value of the fund
The account book of the fund manager shall prevail in case of calculation and announcement of.
（7） Preparation and review of fund financial statements and reports
1. Preparation of financial statements
The Fund Manager shall timely prepare and provide true and complete financial accounting of the Fund
presentation. After the Fund Contract comes into force, if the information in the Fund Prospectus has changed significantly
The fund manager shall, within three working days, update the fund prospectus and publish it on the prescribed website
Station; If other information in the Prospectus changes, the Fund Manager shall change
New. If the Fund terminates its operation, the Fund Manager will no longer update the Prospectus of the Fund. season
The annual report shall be prepared and announced within 15 working days from the end of the quarter; in
The periodic report shall be prepared and announced within two months from the end of the first half of the year; Annual report
It shall be completed and announced within three months from the end of each year. Insufficient effectiveness of fund contract
In case of two months, the Fund Manager may not prepare the current quarterly report, interim report or annual report
presentation.
2. Statement review
The Fund Manager shall provide the relevant report to the Fund Custodian on the day when the quarterly report is completed
Review. The Fund Custodian shall complete the review within 7 working days after receiving the review and submit the review results
Inform the Fund Manager in writing. The Fund Manager shall submit the relevant report on the day when the interim report is completed
It shall be submitted to the Fund Custodian for review, and the Fund Custodian shall complete the review within 30 days after receipt,
And notify the Fund Manager of the review results in writing. The Fund Manager shall, on the date when the annual report is completed,
The relevant report shall be submitted to the Fund Custodian for review, and the Fund Custodian shall complete it within 45 days after receiving it
And notify the Fund Manager of the review results in writing. Fund Manager and Fund Custody
The above-mentioned document exchanges between people shall be conducted by fax or other methods agreed by both parties.
When the Fund Custodian finds that the statements of both parties are inconsistent in the review process, the Fund Custodian
The Manager and the Fund Custodian shall jointly find out the reasons, make adjustments and adjust the accounts recognized by both parties
The mode of transaction shall prevail; If both parties cannot reach an agreement, the fund manager's accounting treatment shall be
Accurate. After verification, the Fund Custodian shall cover the custodian industry on the report provided by the Fund Manager
The special seal for business affairs or the review opinion with the special seal for custody business shall be issued and kept by both parties
One copy. If the Fund Manager and the Fund Custodian cannot
If the relevant statements are agreed, the Fund Manager has the right to publish an announcement in accordance with the statements prepared by it,
The Fund Custodian has the right to report relevant information to the CSRC for filing.
（8） The Fund Manager shall provide the Fund Custodian with the benchmark of fund performance quarterly
Basic data and preparation results.
9、 Fund income distribution
The distribution of fund income refers to that the distributable profits of the fund are paid according to the fund shares
Line proportional allocation.
（1） Principle of fund income distribution
The distribution of fund income shall follow the following principles:
1. On the premise of meeting the conditions for fund dividends, the fund manager can
The specific distribution plan shall be subject to the announcement
No income distribution is required if the effectiveness is less than 3 months;
2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment, investment
You can choose cash dividends or automatically convert cash dividends into corresponding types of fund shares
Reinvestment, and fund share holders can choose different types of fund shares
Dividend method; If the investor does not choose, the default income distribution method of the Fund is cash dividends;
3. After the distribution of fund income, the net value of various fund units cannot be lower than the par value, that is, the fund income
Net value of various fund units on the base date of profit distribution minus the profit points of each fund unit
The allocated amount cannot be lower than the face value;
4. Each fund unit of the same category of the Fund has the same right of distribution;
5. If laws and regulations or regulatory agencies have other provisions, such provisions shall prevail.
Without violating the laws and regulations, the fund contract and the interests of fund share holders
The Fund Manager may adjust the distribution principle of fund income without material adverse effects
And payment method, it is not necessary to convene a general meeting of fund share holders for deliberation.
（2） Determination, announcement and implementation of fund income distribution plan
1. The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian,
Announce on the specified media according to relevant regulations.
2. After the distribution plan is published (according to the provisions of the specific plan), the fund manager will pay
The cash dividends paid shall be sent to the Fund Custodian with transfer instructions, and the Fund Custodian shall follow the fund management
The dividend capital shall be transferred in time according to the instructions of the company.
3. If laws and regulations or regulatory authorities provide otherwise, their provisions shall prevail.
10、 Fund information disclosure
（1） Confidentiality obligations
The Fund Custodian and the Fund Manager shall comply with the relevant provisions of laws and regulations and the Fund Agreement
Information disclosure: the information to be publicly disclosed shall be kept confidential before public disclosure. Except according to the Basic
In addition to information disclosure under the Golden Law, the Information Disclosure Measures, the Fund Contract and other relevant provisions,
The Fund Manager and the Fund Custodian have the information generated in the operation of the Fund and obtained from each other
The business information of shall be kept confidential.
The Fund Manager and the Fund Custodian, in addition to legally performing laws and regulations, the Fund Agreement and
It shall not use or make use of its knowledge for other purposes except as necessary for its obligations under this Agreement
And shall limit the confidential information to those necessary for performing the above obligations
Within the scope of the staff who want to know the confidential information. However, the following situations should not be considered as fund management
The Manager or Fund Custodian violates the confidentiality obligation:
(1) The disclosure of confidential information is not caused by the Fund Manager or the Fund Custodian
Disclosure or disclosure;
(2) The Fund Manager and the Fund Custodian shall abide by and obey the judgment or ruling of the court
Information disclosure made by arbitration award or order or decision of CSRC and other regulatory agencies or
Publicity.
（2） Contents of information disclosure
The information disclosure of the Fund mainly includes the Fund Prospectus, the Fund Contract and the Fund Custody
Management agreement, summary of fund product information, announcement of fund unit sale, effective company of the Fund Contract
Report, net fund value information, subscription/redemption price of fund units, regular fund reports (including
Golden Annual Report, Fund Interim Report and Fund Quarterly Report), Interim Report, Clarification Announcement
Resolutions of the general meeting of fund share holders, liquidation reports, announcements on the stock investment of Hong Kong Stock Connect
Announcement of stock index futures trading, announcement of treasury bond futures trading, and stock option investment
Announcement, credit derivatives investment announcement, asset-backed securities investment announcement, financing
Announcement of participation, information disclosure during the implementation of the side pocket mechanism, and its
Other information. Information disclosure of the Fund's investment depositary receipts shall be subject to
that 's ok. The financial accounting report in the annual report of the Fund shall comply with the requirements of the Regulations of the People's Republic of China
Audit by accounting firms as prescribed by the Securities Law.
（3） Responsibilities and Information Disclosure of Fund Custodian and Fund Manager in Information Disclosure
program
1. Responsibilities
The Fund Custodian and the Fund Manager shall protect the Fund shares in the process of information disclosure
The interest of the holder is the purpose, honesty and credibility, and strict confidentiality. The fund manager is responsible for handling and
Information disclosure matters related to the fund shall be handled by the fund custodian
The matters reviewed shall be announced by the Fund Manager after being reviewed by the Fund Custodian and found to be correct.
The fund manager shall disclose the funds that should be disclosed within the time limit specified by the CSRC
Information is disclosed through national reports that meet the requirements of the CSRC
Periodicals (hereinafter referred to as "regulated newspapers and periodicals") and Internet websites specified in the Information Disclosure Measures
(hereinafter referred to as "regulated website"). The fund shall be entrusted according to laws and regulations
The Fund Custodian will publicly disclose the information disclosed by the Fund Custodian through the specified media.
The Fund Manager and the Fund Custodian may suspend or delay the disclosure under the following circumstances
Fund related information:
(1) Force majeure;
(2) Valuation suspension occurs;
(3) Laws and regulations, fund contract or the situation stipulated by the CSRC.
2. Procedure
Information disclosure documents subject to review by the Fund Custodian according to relevant regulations shall be submitted by the Fund Manager
It shall be drafted and reviewed by the Fund Custodian and announced by the Fund Manager. Provisions in fund contract
Matters that need to be disclosed shall be announced in accordance with the provisions of the fund contract.
3. Storage of information text
After the release of the information that must be disclosed according to law, the Fund Manager and the Fund Custodian shall
Relevant laws and regulations require that information be kept at the company's domicile for public reference and reproduction.
Investors can consult the above documents for free. It can be obtained in a reasonable time after paying the cost of production
Copies or photocopies of the above documents may be obtained. The Fund Manager and the Fund Custodian shall guarantee the text
The content of is completely consistent with the announced content.
11、 Fund expenses
（1） Accrual proportion and method of fund management fee
The management fee of the Fund is accrued at an annual fee rate of 1.20% of the net asset value of the Fund on the previous day. Tube
The calculation method of management fee is as follows:
H ＝ E × 1.20% ÷ days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
（2） Accrual proportion and method of fund custody fee
The custody fee of the Fund is accrued at an annual fee rate of 0.20% of the net asset value of the Fund on the previous day.
The custody fee is calculated as follows:
H ＝ E × 0.20% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
（3） Accrual proportion and method of fund sales service fee
There is no sales service fee for Class A fund units of the Fund, and sales service for Class C fund units
The annual service fee rate is 0.50%. The fund sales service fee will be used exclusively for the sale and
For the service of fund share holders, the fund manager will make a statement on the
Special explanation shall be made for the expenditure.
The sales service fee is 0.50% of the net asset value of Class C fund shares on the previous day
Rate accrual. The calculation method is as follows:
H ＝ E × 0.50% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
（4） Bank transfer fees, securities/futures/options/credit derivatives transactions of funds
Fees, fund account opening fees, account maintenance fees, in addition to laws and regulations, the CSRC
Information disclosure fees and fund unit holdings related to the fund after the non prescribed fund contract takes effect
General meeting expenses, various reasonable expenses arising from investing in Hong Kong stocks
The same as the accounting fees, attorney fees, legal fees and arbitration fees related to the fund after the entry into force
The provisions of relevant laws and regulations, fund contracts and corresponding agreements may be included in the current fund fees.
（5） Items not included in fund expenses
Fees incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations
Loss of expenditure or fund property; Fund Manager and Fund Custodian Handling and Fund Operation
Expenses incurred for unrelated matters; Relevant expenses before the Fund Contract comes into effect; Other basis
Items that may not be included in fund fees according to relevant laws and regulations and relevant provisions of the CSRC.
（6） Relevant expenses incurred before the operation of the Fund shall be paid by the Fund Manager, and after the operation
The Fund Manager shall send a transfer instruction to the Fund Custodian, which shall be reviewed by the Fund Custodian at
It shall be paid to the fund manager in a lump sum from the fund assets within 3 working days from the date of.
（7） Review procedures for fund management fee, fund custody fee and fund sales service fee
Payment method and time
1. Review procedure
Fund management fees, fund custody fees and funds accrued by the fund custodian to the fund manager
Sales service fees shall be reviewed in accordance with the relevant provisions of this Custodian Agreement and the Fund Contract.
2. Payment method and time
Fund management fee and fund custody fee shall be accrued daily and accumulated to the end of each month
Payment. After the Fund Manager and the Fund Custodian have checked the consistency, the Fund Custodian shall send the Fund
Transfer instructions for fund management fees and fund custody fees. The fund manager can choose to start from the first day of the next month
Issue a transfer instruction to the Fund Custodian within working days, or authorize the Fund Custodian to pay fees
Use automatic payment processing. If automatic payment is selected, the fund manager shall ensure that the account on the day of payment
The balance is sufficient. If the automatic payment cannot be made due to insufficient fund balance or other reasons
The manager shall issue a separate transfer instruction.
The fund sales service fee is accrued daily, accumulated day by day to the end of each month, and paid monthly. from
The Fund Manager shall send the Fund Sales Service to the Fund Custodian after checking the consistency with the Fund Custodian
The fund manager shall pay the service fee transfer instruction to each sales institution according to the relevant agreement.
In case of legal holidays, public holidays, etc., the payment date shall be postponed.
（8） Violation handling method
The Fund Custodian finds that the Fund Manager violates the Fund Law, the Fund Contract and the Operation Office
When expenses are disbursed from the fund assets in accordance with the Law of the People's Republic of China and other relevant provisions, the fund custodian may request
The Fund Manager shall give an explanation, and the Fund Custodian may refuse if the Fund Manager has no justified reason
No payment.
12、 Registration and Custody of the Register of Fund Unitholders
Fund shares that the Fund Manager and the Fund Custodian of the Fund must keep properly respectively
Register of holders, including the effective date of the fund contract, the termination date of the fund contract, and the registration of fund equity
June 30 and December 31 of each year
Register of fund unit holders. The contents of the register of fund share holders shall at least include
The name of the person and the fund units held by the person.
The register of fund unit holders shall be prepared by the registration authority, reviewed and submitted by the fund manager
Custody of the Fund Custodian. The Fund Custodian has the right to require the Fund Manager to provide any transaction
The Fund Manager shall provide the list of Fund Unitholders on the day or all trading days in a timely manner
You may delay or refuse to provide.
The Fund Manager shall submit the register of Fund Unitholders to the Fund Custodian in a timely manner. annually
The register of fund unit holders on June 30 and December 31 shall be in the first ten days of the next month
Submit within days; The effective date of the fund contract, the termination date of the fund contract and other important matters involving the fund
The register of fund unit holders on the date of the transaction shall be submitted within ten working days after the date of the transaction.
Before the Fund Manager requests or prepares the interim report and annual report, the Fund Custodian shall
When delivering relevant information to the Fund Manager, it shall not refuse or delay to provide it without reason, and shall ensure that its
Authenticity, accuracy and completeness. The Fund Manager and the Fund Custodian shall properly keep the Fund
The register of share holders shall be kept for a period not less than the minimum period prescribed by laws and regulations. Gikinto
The custodian shall not use the register of fund unit holders under its custody for purposes other than fund custody business
Other purposes, and shall comply with the confidentiality obligation. If the Fund Manager or Fund Custodian
If the register of fund share holders cannot be properly kept due to any reason, they shall bear their own responsibilities in accordance with relevant laws and regulations
Corresponding responsibilities.
13、 Preservation of Fund related documents and archives
（1） Archive keeping
The Fund Manager shall keep records, account books, statements and
Other relevant information. The Fund Custodian shall keep records, account books
Statements and other relevant information. Both the Fund Manager and the Fund Custodian shall comply with the prescribed time limit
safekeeping. The storage period shall not be less than the minimum period specified by laws and regulations.
（2） Establishment of contract archives
The Fund Manager shall sign the major contract related to the Fund on behalf of the Fund in a timely manner
Fax the major contract to the Fund Custodian in encrypted form, and send the contract within ten working days
The original copy shall be delivered to the Fund Custodian.
（3） Change and assistance
If the Fund Manager/Fund Custodian changes, the party not changed is obliged to assist
The changed successor receives the corresponding documents.
（4） The Fund Manager and the Fund Custodian shall keep complete original vouchers
Accounting vouchers, fund books, transaction records and important contracts shall be kept confidential
Not less than the minimum period stipulated by laws and regulations.
14、 Replacement of Fund Manager and Fund Custodian
（1） Replacement of Fund Manager
1. Conditions for replacement of the Fund Manager
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) Others stipulated by laws and regulations, CSRC and the Fund Contract
situation.
2. Replacement procedure of fund manager
The replacement of the Fund Manager must be carried out in accordance with the following procedures:
(1) Nomination: The new Fund Manager is held by the Fund Custodian or separately or jointly
Nomination of fund share holders with more than 10% (including 10%) of the total fund shares;
(2) Resolution: 6 fund share holders' meetings after the termination of the duties of the fund manager
Make a resolution on the nominated fund manager within a month, and the resolution shall be approved by the funds participating in the meeting
The resolution is passed by more than two thirds (including two thirds) of the voting rights held by the shareholders
Effective from the date of voting; The new fund manager shall comply with laws, regulations and Chinese Securities
Qualifications stipulated by the CSRC;
(3) Temporary fund manager: before the new fund manager is appointed, the CSRC
Will appoint a temporary fund manager;
(4) Filing: the resolution of the general meeting of fund share holders to change the fund manager must be reported
CSRC filing;
(5) Announcement: After the replacement of the Fund Manager, the Fund Custodian shall manage the replacement of the Fund
Within 2 days after the resolution of the general meeting of the fund unit holders takes effect, it shall be announced in the specified media;
(6) Handover: If the responsibilities of the Fund Manager are terminated, the Fund Manager shall properly keep the Fund
Fund management business information, and timely handle funds with the temporary fund manager or the new fund manager
The temporary fund manager or the new fund manager shall accept the handover procedures of management business in a timely manner.
The temporary fund manager or the new fund manager shall check the total assets of the fund with the fund custodian
Value and net worth;
(7) Audit: If the duties of the fund manager are terminated, the fund manager shall be employed in accordance with laws and regulations
The accounting firm complying with the provisions of the Securities Law of the People's Republic of China is requested to make an investment in the fund property
Audit, announce the audit results, and report to the CSRC for filing. Audit fees
Disbursed from the fund assets;
(8) Change of fund name: after the change of fund manager, if the original or new fund
As required by the manager, the name of the fund shall be replaced or deleted as required, which is related to the original fund manager
The name of the.
（2） Replacement of Fund Custodian
1. Conditions for replacement 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) Others stipulated by laws and regulations, CSRC and the Fund Contract
situation.
2. Procedures for replacing the Fund Custodian
(1) Nomination: The new Fund Custodian is held by the Fund Manager or separately or jointly
Nomination of fund share holders with more than 10% (including 10%) of the total fund shares;
(2) Resolution: The general meeting of fund share holders shall be held six times after the termination of the duties of the fund custodian
Make a resolution on the nominated fund custodian within a month, and the resolution shall be approved by the funds participating in the general meeting
The resolution is passed by more than two thirds (including two thirds) of the voting rights held by the shareholders
Effective from the date of voting; The new Fund Custodian shall comply with the laws, regulations and Chinese Securities
Qualifications stipulated by the CSRC;
(3) Temporary Fund Custodian: Before the new Fund Custodian is appointed, the CSRC
Will appoint a temporary fund custodian;
(4) Filing: the resolution of the general meeting of fund share holders to change the fund custodian must be reported in the
CSRC filing;
(5) Announcement: After the replacement of the Fund Custodian, the Fund Manager shall replace the Fund Custodian
Within 2 days after the resolution of the general meeting of the fund unit holders takes effect, it shall be announced in the specified media;
(6) Handover: The Fund Custodian shall properly keep the Fund assets and
Information on fund custody business, timely handling the transfer procedures of fund assets and fund custody business,
The new Fund Custodian or the temporary Fund Custodian shall take over in a timely manner. New Fund Custodian
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 be employed in accordance with laws and regulations
The accounting firm complying with the provisions of the Securities Law of the People's Republic of China is requested to make an investment in the fund property
Audit, announce the audit results, and report to the CSRC for filing. Audit fees
It 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 are replaced at the same time
Fund share holders holding more than 10% (including 10%) of the total fund shares nominate new
The Fund Manager and the Fund Custodian;
(2) The replacement of the Fund Manager and the Fund Custodian shall be carried out in accordance with the above procedures respectively;
(3) Announcement: The new fund manager and the new fund custodian shall change the fund management
Within 2 days after the resolution of the general meeting of the Fund Unitholders of the Manager and the Fund Custodian takes effect
Joint announcement on the media.
（3） The new fund manager or temporary fund manager takes over the fund management business, or
Before the new fund custodian or temporary fund custodian takes over the fund property and fund custody business,
The original Fund Manager or the original Fund Custodian shall continue to perform relevant duties and ensure that it will not
The act of harming the interests of fund share holders. Original Fund Manager or Original Fund Custody
During the period of continuing to perform relevant duties, the person shall still have the right to collect the fund management in accordance with the provisions of the fund contract
Management fee or fund custody fee.
（4） Conditions and Procedures for Replacement of Fund Manager and Fund Custodian in this Part
It refers to the part that directly refers to laws, regulations or supervision rules, such as future laws, regulations or supervision
The Fund Manager and the Fund Custodian shall
After consensus and announcement in advance, the corresponding content can be modified and adjusted directly without calling
Hold a general meeting of fund unit holders for deliberation.
15、 Prohibited acts
The behaviors prohibited by the parties to the custody agreement include but are not limited to:
（1） The Fund Manager and the Fund Custodian confuse their own property or the property of others
Engaging in securities investment in fund assets.
（2） The fund manager unfairly treats the different fund assets under its management. Gikinto
The custodian treats the different fund assets under its custody unfairly.
（3） The Fund Manager and the Fund Custodian make use of the Fund's property or position to serve as the Fund
A third person other than the unit holder seeks benefits.
（4） The Fund Manager and the Fund Custodian promise the Fund Unitholders the income in violation of regulations
Or bear the loss.
（5） The Fund Manager and the Fund Custodian misappropriate the Fund assets.
（6） The Fund Manager and the Fund Custodian disclose the unpublished letter obtained for the convenience of their positions
Information and use of this information to engage in or express or imply that others engage in relevant trading activities.
（7） The Fund Manager and the Fund Custodian neglect their duties and fail to perform their duties in accordance with regulations.
（8） The Fund Manager issues investment to the Fund Custodian without sufficient funds
Capital instructions and payment instructions, or issuing instructions to the Fund Custodian in violation of regulations.
（9） The Fund Manager and the Fund Custodian are not independent in administration and finance
Level management personnel and other employees hold part-time jobs with each other.
（10） The Fund Custodian privately uses or disposes of the Fund assets
Except for the disposal according to legal instructions, fund contracts or custody agreements.
（11） The fund assets shall be used for the following investments or activities:
1. Underwriting securities;
2. Lending or providing guarantee to others in violation of regulations;
3. Investment with unlimited liability;
4. Make capital contributions to its fund manager and fund custodian;
5. Engaging in insider trading, manipulating securities trading prices and other improper securities trading
Activities;
6. Other activities prohibited by laws, administrative regulations and the CSRC.
Laws, administrative regulations or regulatory authorities cancel or change the above restrictions, if applicable to the Base
After the Fund Manager has performed the appropriate procedures, the investment of the Fund will no longer be subject to the relevant restrictions or
The changed regulations shall prevail.
（12） Other acts prohibited by laws and regulations and the Fund Agreement, and
The relevant provisions of administrative regulations shall be prohibited by the CSRC from fund managers and fund custodians
Other behaviors.
16、 Change and Termination of Custody Agreement and Liquidation of Fund Assets
（1） Change procedure of custody agreement
The parties to this agreement may amend the agreement upon consensus. Modified
The contents of the new agreement shall not conflict with the provisions of the fund contract. Of the Fund Custody Agreement
The change shall be reported to the CSRC for filing in accordance with laws and regulations or the requirements of regulatory authorities.
（2） Termination of Fund Custody Agreement
1. Termination of the Fund Contract;
2. The Fund Custodian is dissolved, legally revoked, bankrupt or accepted by other Fund Custodians
To manage the assets of fund custody business;
3. The Fund Manager is dissolved, revoked, bankrupt or accepted by other Fund Managers
Managing the fund management business;
4. The termination event specified by laws and regulations, the CSRC or the fund contract occurs.
（3） Liquidation of fund assets
1. Fund asset liquidation team
(1) Fund asset liquidation group: from the date of termination of the Fund Contract
A fund asset liquidation team shall be established within 30 working days, and the fund manager shall organize the fund asset liquidation
The accounting group shall also carry out fund liquidation under the supervision of the CSRC.
(2) Composition of the fund assets liquidation group: the members of the fund assets liquidation group are managed by the fund
Manager, Fund Custodian, Certified Public Accountant in accordance with the Securities Law of the People's Republic of China
Teachers, lawyers and personnel designated by the CSRC. The fund assets liquidation group may employ
Use necessary staff.
(3) Responsibilities of the fund assets liquidation group: the fund assets liquidation group is responsible for the fund assets
The custody, liquidation, valuation, realization and distribution of. The fund assets liquidation group may carry out the liquidation according to law
Necessary civil activities.
2. Fund asset liquidation procedures
(1) In case of termination of the Fund Contract, the Fund Property Liquidation Team shall take over
Fund management;
(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 lawyers
The financial office shall issue a legal opinion on the liquidation report;
(6) Report the liquidation report of the Fund assets to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
3. The time limit for the liquidation of the Fund's assets is six months, but due to the flow of securities held by the Fund
If the property is restricted and cannot be realized in time, the liquidation period shall be postponed accordingly.
4. Liquidation expenses
Liquidation expenses refer to the amount paid by the fund assets liquidation team during the process of fund assets liquidation
All reasonable expenses incurred and liquidation expenses shall be paid by the fund asset liquidation team in priority from the remaining assets of the fund
In production payment.
5. The fund assets shall be paid off in the following order:
(1) Payment of clearing fees;
(2) Pay the taxes owed;
(3) Pay off fund debts;
(4) It shall be distributed in proportion to the fund units held by the fund unit holders.
The fund assets shall not be distributed to the fund shares until they have been paid off in accordance with the provisions of (1) - (3) of the preceding paragraph
Amount holder.
6. Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The fund assets liquidation report is approved
Audited by an accounting firm in accordance with the Securities Law of the People's Republic of China and handled by lawyers
The legal opinion issued shall be reported to the CSRC for filing and announcement. The fund assets liquidation is announced on
The fund assets shall be cleared within 5 working days after the liquidation report of the fund assets is submitted to the CSRC for filing
The calculation team makes an announcement. The fund assets liquidation group shall publish the liquidation report on the specified website
And publish the suggestive announcement of the liquidation report on the prescribed newspapers and periodicals.
7. Preservation of fund assets liquidation books and documents
The fund assets liquidation account book and relevant documents shall be kept by the fund custodian for a long time
At the minimum period specified by laws and regulations.
17、 Liability for breach of contract
（1） The Fund Manager and the Fund Custodian fail to perform this Agreement or perform this Agreement inconsistently
If a contract is concluded, it shall be liable for breach of contract.
（2） The Fund Manager and the Fund Custodian violate
The Fund Law and other laws and regulations, or the Fund Contract and this Custodian Agreement,
If damage is caused to fund assets or fund unit holders, they shall respectively
Bear the liability for compensation according to law; Cause to fund assets or fund share holders due to joint actions
In case of damage, they shall bear joint and several liability for compensation, and compensation for losses shall be limited to direct losses.
（3） If a party breaches the contract and causes losses to the other party, it shall
Compensation; If losses are caused to fund assets, the other party shall compensate for the direct losses
The parties have the right and obligation to claim compensation from the defaulting party on behalf of the Fund. In case of the following circumstances
Person exemption:
1. Force majeure;
2. The Fund Manager and/or the Fund Custodian shall comply with the then effective laws and regulations or China
Losses caused by acts or omissions specified by the CSRC;
3. The Fund Manager exercises or fails to exercise in accordance with the investment principles specified in the Fund Agreement
Losses caused by its investment right, etc.
（4） If a party breaches the contract, the other party is obliged to take timely measures
Necessary measures shall be taken to prevent the expansion of losses. Failure to take appropriate measures led to further losses
In case of gradual expansion, no claim shall be made for compensation for the expanded losses. The non defaulting party is liable to
The reasonable expenses incurred shall be borne by the defaulting party.
（5） Although the breach of contract has occurred, this Custodian Agreement can continue to be performed
Under the premise of protecting the interests of fund share holders to a large extent, the fund manager and the fund custody
People shall continue to perform this Agreement. If the Fund Manager or Fund Custodian
In case of being sued, the other party shall provide reasonable and necessary support.
（6） Due to factors beyond the control of the Fund Manager and the Fund Custodian
The Fund Manager and the Fund Custodian have adopted necessary, appropriate and reasonable
Measures are taken to check, but no error is found, resulting in damage to fund assets or investors
In case of loss, the Fund Manager and the Fund Custodian shall be exempted from liability for compensation. But fund managers and funds
The custodian shall actively take necessary measures to eliminate or mitigate the impact caused thereby.
18、 Dispute resolution
Both parties agree that due to the conclusion, content, performance and interpretation of the custody agreement
In case of any dispute related to the agreement, the parties to the custody agreement shall try their best to negotiate and mediate
Settlement. If no settlement can be reached through friendly negotiation and mediation, either party shall submit the dispute to
The China International Economic and Trade Arbitration Commission shall conduct arbitration in accordance with its then effective arbitration rules,
The place of arbitration shall be Beijing. The arbitral award is final and binding on both parties.
Unless otherwise determined by the arbitration award, the arbitration fee shall be borne by the losing party.
During the period of dispute settlement, the Fund Manager and the Fund Custodian shall strictly abide by their respective responsibilities
Continue to faithfully, diligently and responsibly perform the obligations specified in the Fund Agreement and this Custodian Agreement, and maintain
The legitimate rights and interests of fund unit holders.
The custody agreement is governed by the laws of China (for the purpose of the custody agreement, Hong Kong and Australia are excluded here
The laws of the Special Administrative Region and Taiwan).
19、 Effect of Custody Agreement
Both parties agree on the effectiveness of the custody agreement as follows:
（1） The trust submitted by the fund manager when applying to the CSRC for fund raising registration
The draft management agreement shall be sealed by both parties to the custody agreement and authorized by both parties' legal representatives
The authorized representative signs or seals, and both parties of the agreement modify the custody according to the opinions of the CSRC
Draft agreement. The custody agreement shall take the text registered with the CSRC as the official text.
（2） The Custody Agreement shall be established as of the date of establishment of the Fund Contract, and shall come into force as of the date of entry into force of the Fund Contract
Effective from. The term of validity of the custody agreement is from the effective date to the liquidation report of the fund assets
It shall be submitted to the CSRC for record and announced.
（3） The custody agreement has the same legal agreement with the parties to the custody agreement since the effective date
Beam force.
（4） This agreement is in triplicate, with each party holding one copy and reporting to the relevant regulatory authorities
One copy with the same legal effect.
20、 Other matters
Unless explicitly defined in this Agreement, the definitions of terms in this Agreement shall apply to the provisions of the Fund Contract.
Matters not covered in this agreement shall be handled through consultation by the parties in accordance with the fund contract, relevant laws and regulations, etc
Li.
21、 Signing of Escrow Agreement
Signature, seal, signing place and signing date of legal representatives or authorized representatives of both parties