China Europe Fund Management Co., Ltd
China Europe Quality Selection Hybrid Securities Investment Fund
Prospectus
Fund Manager: China Europe Fund Management Co., Ltd
Fund Custodian: Guangzhou Rural Commercial Bank Co., Ltd
May, 2014
The Fund has been approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") on April 1, 2024
Reply on Approving the Registration of China EU Quality Selection Hybrid Securities Investment Fund (Certificate
JXK [2004] No. 547).
Important tips
The Fund Manager guarantees that the contents of the Prospectus are true, accurate and complete. This prospectus is in the middle of
It is registered by the CSRC, but the registration of the Fund raised by the CSRC does not indicate its investment in the Fund
Substantive judgment or assurance of the asset value and market prospect does not mean that there is no risk in investing in the Fund.
Investment is risky. Investors should carefully read the Fund's recruitment before subscribing (or subscribing) to the Fund
Information disclosure documents such as the prospectus, summary of fund product information and fund contract, and make independent judgment on fund investment
Value, make investment decisions independently, and bear investment risks independently.
Securities investment fund is a long-term investment tool, whose main function is to diversify investment and reduce investment orders
1. Individual risks arising from securities. Fund investment is different from bank savings and bonds, which can provide fixed income
For financial instruments with expected profits, investors may share the fund investment output according to their shares when purchasing funds
The generated income may also bear the losses caused by the fund investment.
The Fund is a hybrid fund, whose expected return and expected risk level are higher than those of bond funds and currencies
Market funds, but lower than equity funds.
Investors' purchase of the Fund does not mean that they deposit funds in banks or deposit financial machines
Structure. Investors should carefully read the fund contract, prospectus, fund product information summary and other fund letters
Information disclosure documents, understand the risk return characteristics of the fund, and
Capital experience, asset status, etc. to determine whether the fund is suitable for its own risk tolerance, and through the fund
The manager or other institutions with fund sales business qualifications entrusted by the fund manager purchase funds. investment
While obtaining the investment income of the fund, the person also bears various risks in the fund investment, which may include
Including: systematic risks caused by the overall environment of the securities market, unsystematic risks unique to individual securities
Liquidity risk caused by volume redemption or collapse, and operational risk generated by fund managers in the process of investment and operation
Insurance and unique risks of the Fund.
If the fund assets are invested in Hong Kong stocks, the meeting will be held under the mechanism of port linked shares due to the investment environment, investment target, market
The unique risks brought about by differences in market system and trading rules, including the high volatility of stock prices in the Hong Kong stock market
Insurance (the Hong Kong stock market implements T+0 reverse trading, and there is no limit on the rise and fall of individual stocks. The Hong Kong stock price may be
The stock price fluctuation is more violent than that of A-share), exchange rate risk (exchange rate fluctuation may affect the investment income of the fund
Loss caused by profits), possible risks caused by inconsistent trading days under the Hong Kong Stock Connect mechanism (opening Hong Kong in the Mainland)
When the market is closed, the Hong Kong Stock Connect cannot be traded normally, and Hong Kong stocks cannot be sold in time, which may bring some flow
Dynamic risk), etc. Please refer to the "Risk Disclosure" section of the Prospectus of the Fund for specific risks
Body content.
The fund can choose to transfer some funds according to the needs of investment strategy or the changes of market environment in different allocation places
Assets are invested in Hong Kong stocks or choose not to invest fund assets in Hong Kong stocks. Fund assets are not necessarily invested in Hong Kong
It is possible not to invest in Hong Kong stocks.
The Fund may invest in depositary receipts, which are issued by the depositary and are based on overseas securities
Issued in China, representing the equity of overseas underlying securities. Rights and interests actually enjoyed by holders of depositary receipts
Although the rights and interests of the holders of the external underlying securities are basically equivalent, they are not equivalent to directly holding the overseas underlying securities
Coupon. Investing in depositary receipts may face the following problems:
Relevant costs and investment risks caused by differences in structure, shareholder rights, etc. Transaction and holding of depositary receipts
The obligations to be undertaken in the process and the possible restrictions should pay attention to the macro economy that is common to securities trading
Economic risk, policy risk, market risk, force majeure risk, etc.
The investment scope of the Fund includes stock index futures, treasury bond futures, stock options and other financial derivatives
Financial derivatives investment such as futures, treasury bond futures and stock options may bring additional risks to the Fund, including
Including leverage risk, market risk, liquidity risk, margin risk, etc., which may increase the net value of the Fund
Volatility of values.
The Fund Manager shall manage and use the Fund in accordance with the principles of due diligence, honesty, prudence and diligence
However, it is not guaranteed that the investment in the Fund will be profitable, nor will it guarantee the minimum return. Past performance of the Fund and
It does not predict its future performance, and the performance of other funds managed by the Fund Manager does not constitute a contribution to the performance of the Fund
Performance guarantee. The fund manager reminds investors to pay attention to the principle of "buyer's conceit" in fund investment
After the investment decision is made, the investment risk caused by the change of the fund operation status and the net value of the fund is left to the investor
Burden.
To hedge credit risk, the Fund may invest in credit derivatives, which may
Facing liquidity risk, repayment risk and price fluctuation risk.
When the Fund holds specific assets and there are or potential large redemption applications, the Fund Manager shall perform
After following the procedures, the side pocket mechanism can be activated. See the relevant chapters of the fund contract and this prospectus for details
Section. During the implementation of the side pocket mechanism, the fund manager will carry out special identification for the fund abbreviation, and will not handle the side pocket mechanism
Purchase and redemption of pocket account. Please read the relevant content carefully and pay attention to the fund activation side
Specific risks in case of bag mechanism.
The number of fund units held by a single investor of the Fund shall not reach or exceed 50% of the total number of fund units,
However, it is not allowed to passively reach or exceed 50% due to redemption of fund units and other circumstances in the process of fund operation.
If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
catalog
Part I Introduction five
Part II Definition six
Part III Fund Manager twelve
Part IV Fund Custodian twenty-two
Part V Relevant Service Organizations twenty-five
Part VI Fund Raising twenty-seven
Part VII Effectiveness of the Fund Contract thirty-three
Part VIII Subscription and Redemption of Fund Units thirty-five
Part IX Investment of the Fund forty-eight
Part X Assets of the Fund fifty-nine
Part XI Valuation of Fund Assets sixty
Part XII Income Distribution of the Fund sixty-eight
Part XIII Fees and Taxes of the Fund seventy
Part XIV Accounting and Audit of the Fund seventy-three
Part XV Information Disclosure of the Fund seventy-four
Part XVI Side pocket mechanism eighty-two
Part XVII Risk Disclosure eighty-five
Part XVIII Fund Merger, Change and Termination of Fund Contract and Liquidation of Fund Assets ninety-five
Part XIX Summary of the Fund Contract ninety-seven
Part XX Summary of the Fund Custody Agreement ninety-eight
Part XXI Services for Fund Unitholders ninety-nine
Part XXII Storage and Reference Methods of Prospectus one hundred
Part XXIII Documents for future reference one hundred and one
Annex I Summary of the Fund Contract one hundred and two
Annex II Summary of the Fund Custody Agreement one hundred and twenty
Part I Introduction
This Prospectus is prepared in accordance with 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), the Administrative Measures for Information Disclosure of Publicly Offered Securities Investment Funds (hereinafter referred to as "the Administrative Measures for Information Disclosure of Publicly Offered Securities Investment Funds")
Measures for Information Disclosure), Management Measures for the Operation of Publicly Offered Securities Investment Funds (hereinafter referred to as "Measures")
"Operation Measures"), "Supervision and Administration Measures for Publicly Offered Securities Investment Fund Sales Agencies" (
Hereinafter referred to as "Sales Measures"), "Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds"
Regulations (hereinafter referred to as "Liquidity Risk Management Regulations"), Public Offering of Securities Investment Funds
Guidelines on Side Pocket Mechanism (for Trial Implementation) and other relevant laws and regulations, as well as China EU Quality Selection Hybrid Securities Investment Base
Fund Contract (hereinafter referred to as "Fund Contract" or "Fund Contract").
This Prospectus describes the China Europe Quality Selection Hybrid Securities Investment Fund (hereinafter referred to as the "Base")
The investment objectives, strategies, risks, rates, etc. of the fund are related to the investor's investment decisions
All necessary matters, investors should carefully read this prospectus before making investment decisions.
The Fund Manager promises that this Prospectus does not contain any false records, misleading statements or material
And bear legal responsibility for its authenticity, accuracy and integrity. The Fund is based on this recruitment
The application for offering is made with the information specified in the written form. The Fund Manager has not entrusted or authorized any other person to provide
Information not stated in this Prospectus, or any explanation or explanation to this Prospectus.
This Prospectus is prepared in accordance with the Fund contract of the Fund and registered with the CSRC. Fund combination
Both are legal documents that stipulate the rights and obligations between the parties to the fund contract. Fund investor self dependent fund portfolio
When acquiring fund units, they become the holders of fund units and the parties to the fund contract, who hold fund units
The amount itself indicates its recognition and acceptance of the fund contract, and in accordance with the Fund Law
And other relevant provisions. Fund investors want to know about the
For rights and obligations, please refer to the fund contract in detail.
Part II Interpretation
In this prospectus, unless the context otherwise requires, the following words or abbreviations have the following meanings:
1. Fund or the Fund: refers to China Europe Quality Selection Hybrid Securities Investment Fund
2. Fund Manager: China Europe Fund Management Co., Ltd
3. Fund Custodian: Guangzhou Rural Commercial Bank Co., Ltd
4. "Fund Contract" or "Fund Contract": refers to "China Europe Quality Selection Hybrid Securities Investment Fund"
Contract and any effective amendments and supplements to the Fund Contract
5. Custody Agreement: refers to the CEIBS Quality Selection signed between the Fund Manager and the Fund Custodian for the Fund
Mixed Securities Investment Fund Custody Agreement and any effective amendments and supplements to the Custody Agreement
6. Prospectus or this Prospectus: refers to the China Europe Quality Selection Hybrid Securities Investment Fund Prospectus
Prospectus and its updates
7. Summary of fund product information: refers to the fund product information of China Europe Quality Selection Hybrid Securities Investment Fund
Material Summary and its update
8. Announcement of Fund Unit Offering: refers to the Fund Unit Offering of China Europe Quality Select Hybrid Securities Investment Fund
Sales Announcement
9. Laws and regulations: refer to the laws, administrative regulations and normative documents currently in force and promulgated for implementation in China
Documents, judicial interpretations, administrative rules and other decisions, resolutions
Notice, etc
10. Fund Law: refers to the Standing Committee of the Tenth National People's Congress
Adopted at the fifth session of the NPC and approved by the Standing Committee of the Eleventh National People's Congress on December 28, 2012
Revised at the 30th meeting, implemented since June 1, 2013, and approved by the 12th National Congress on April 24, 2015
The 14th Meeting of the Standing Committee of the National People's Congress
Securities of the People's Republic of China amended by the Decision on Amending Seven Laws Including the Port Law of the People's Republic of China
Investment Fund Law and amendments made by the enacting authority from time to time
11. Sales Measures: promulgated by the CSRC on August 28, 2020 and implemented on October 1 of the same year
The Measures for the Supervision and Administration of Publicly Offered Securities Investment Fund Sales Agencies and the promulgating authority shall
Revision of
12. Information Disclosure Measures: promulgated by the CSRC on July 26, 2019 and implemented on September 1 of the same year
And revised by the Decision of the CSRC on Amending Some Securities and Futures Regulations on March 20, 2020
The positive Measures for the Administration of Information Disclosure of Publicly Offered Securities Investment Funds and the promulgating authority's
revise
13. Operation Measures: promulgated by the CSRC on July 7, 2014 and implemented on August 8 of the same year
Administrative Measures for the Operation of Publicly Offered Securities Investment Funds and amendments made by the promulgating authority from time to time
14. Liquidity Risk Management Regulations: promulgated by the CSRC on August 31, 2017
Provisions on Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds implemented on January 1 and the issuing authority
As amended from time to time
15. Hong Kong Stock Connect: refers to the mainland securities companies entrusted by mainland investors to be established through relevant stock exchanges
A securities trading service company that has registered with the Stock Exchange of Hong Kong to buy and sell the Hong Kong Stock Exchange within the specified scope
Stock listed on the Stock Exchange
16. China Securities Regulatory Commission: China Securities Regulatory Commission
17. Banking regulatory authority: refers to the People's Bank of China and/or the State Administration of Financial Supervision and Administration
18. Parties to the Fund Contract: refer to those who are bound by the Fund Contract and enjoy rights and assume responsibilities under the Fund Contract
Legal subjects of obligations, including fund managers, fund custodians and fund share holders
19. Individual investor: refers to the natural investors who can invest in securities investment funds according to relevant laws and regulations
people
20. Institutional investors: refer to those who can invest in securities investment funds according to law and are located in the People's Republic of China
Enterprise legal persons, public institutions legal persons
Social groups or other organizations
21. Qualified foreign investors: refer to qualified foreign institutional investors and RMB qualified foreign institutions
Administrative Measures for Domestic Securities and Futures Investment of Investors (including its amendments from time to time) and relevant laws and regulations
Fixed, approved by the China Securities Regulatory Commission, an overseas machine that uses funds from overseas to invest in domestic securities and futures
Institutional investors, including qualified foreign institutional investors and RMB qualified foreign institutional investors
22. Investors, investors: individual investors, institutional investors, qualified foreign investors and
Other investors allowed by laws and regulations or the CSRC to purchase securities investment funds
23. Fund share holder: refers to the investment that legally obtains fund shares in accordance with the fund contract and prospectus
Funders
24. Fund sales business: refers to the fund manager or sales institution opening a fund transaction account for investors
Account, promote the Fund, handle the sale, subscription, redemption, conversion, transfer to custody, and regular
Investment plan and fund transaction account information inquiry
25. Sales agency: refers to China Europe Fund Management Co., Ltd. and conforms to the Sales Measures and China Securities
Other conditions stipulated by the CSRC, obtaining the qualification for fund sales business and signing a fund sales contract with the fund manager
Service agreement, the institution handling fund sales business
26. Registration business: refers to fund registration, depository, transfer, clearing and settlement business. The specific content includes
Including establishment and management of investor's fund account, registration of fund shares, confirmation and liquidation of fund sales business
And clearing, distributing dividends on behalf, establishing and keeping the register of fund share holders and handling non trading transfer, etc
27. Registration agency: refers to the agency that handles registration business. The registration authority of the fund is CEIBS Fund Management
Limited company or institution entrusted by China Europe Fund Management Co., Ltd. to handle registration business
28. Fund account: refers to the fund manager opened by the registration institution for the investor and recorded his/her holding
Account for the balance and changes of fund units under management
29. Fund transaction account: refers to the account opened by the sales agency for the investor and recorded by the investor through the sale
Caused by the agency's handling of subscription, purchase application, redemption, conversion, custody transfer, fixed investment plan and other businesses
Accounts of fund share changes and balances
30. The effective date of the fund contract: the fund raising meets the provisions of laws and regulations and the provisions of the fund contract
The fund manager has completed the fund filing procedures with the CSRC and obtained the written form from the CSRC
Confirmed date
31. The termination date of the fund contract: refers to the date when the fund contract terminates as specified in the fund contract
The date on which the liquidation results are reported to the CSRC for filing and announcement after the completion of property liquidation
32. Fund raising period: refers to the period from the date of offering of fund units to the date of closing the offering
No longer than 3 months
33. Duration: refers to the indefinite period between the effectiveness and termination of the fund contract
34. Working day: refers to the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange
35. T day: refers to that the sales agency accepts the investor's application for subscription, redemption or other business within the specified time
open house
36. T+n day: refers to the nth working day from T day (excluding T day)
37. Open day: refers to the working day for investors to handle the subscription, redemption or other business of fund units
(If the Fund participates in Hong Kong Stock Connect trading and the working day is not a Hong Kong Stock Connect trading day, the Fund Manager may
Decide whether the Fund is open to subscription, redemption and conversion business according to the actual situation)
38. Opening Hours: refers to the time period when the fund accepts subscription, redemption or other transactions on the open day
39. Business Rules: refer to the Business Rules of Open ended Funds of China Europe Fund Management Co., Ltd,
It is a business rule regulating the registration of open-ended securities investment funds managed by the fund manager
The manager, fund sales agency and investors shall comply with
40. Subscription: during the fund raising period, investors shall, in accordance with the provisions of the fund contract and prospectus
Application for purchase of fund units
41. Subscription: after the Fund Contract comes into effect, the investor shall, in accordance with the provisions of the Fund Contract and the Prospectus
Application for purchase of fund units
42. Redemption: refers to that after the Fund Contract comes into effect, the Fund Unitholders shall, in accordance with the Fund Contract and the Prospectus
The act of converting fund units into cash as required by the specified conditions
43. Fund conversion: refers to the fund share holders' effective public funds in accordance with the fund contract and the fund manager
To apply for the conversion of the fund units of a fund managed by the fund manager into
Behavior of other fund units managed by the fund manager
44. Transfer of custody: refers to the change implemented by the Fund Unitholders between different sales agencies of the Fund
Operation of fund unit sales agency
45. Regular and quota investment plan: refers to the application submitted by the investor through the relevant sales agency and the agreement on each period
On the subscription date, the amount of deduction and the method of deduction, the sales agency shall, on the agreed deduction date of each period, pay the amount of deduction at the bank designated by the investor
An investment method for automatically completing deduction and accepting fund purchase application in bank account
46. Massive redemption: refers to the net redemption application of the Fund on a single open day (total redemption application units
After adding the total number of transferred out application units in fund conversion, deduct the total number of subscription application units and fund conversion transfer
The balance after entering the total number of applied shares) exceeds 10% of the total fund shares of the previous working day
47. RMB: refers to RMB
48. Fund income: refers to the dividend, dividend, bond interest, price difference of trading securities
Interest on bank deposits, other legal income realized and costs and expenses arising from the use of fund assets
save
49. Total value of fund assets: refers to the value of various securities and notes, futures contracts
Total value of principal and interest of bank deposits, fund receivables and subscriptions and other assets
50. Net Asset Value of the Fund: the value of the total asset value of the Fund minus the liabilities of the Fund
51. Net value of fund units: refers to the net value of fund assets on the calculation date divided by the total number of fund units on the calculation date
52. Fund asset valuation: it refers to calculating and evaluating the value of fund assets and liabilities to determine the fund assets
The process of net value and fund unit net value
53. Regulated media: It refers to the nationwide information disclosure that meets the conditions specified by the CSRC
Newspapers and periodicals and Internet websites specified in the Information Disclosure Measures (including fund manager websites and fund custody
People's website, CSRC fund electronic disclosure website) and other media
54. Sales service fee: It refers to the amount withdrawn from the fund property and used for the marketing and sales of the fund
And service fees for fund share holders
55. Type of fund unit: refers to the fund's
Different, the fund shares are divided into different categories, and each fund share category is coded and calculated separately
And announced net value of fund units and cumulative net value of fund units
56. Class A fund units: refers to the subscription/subscription fees charged by investors when they subscribe/subscribe, but no longer from this category
Class I fund units with sales service fees withdrawn from other fund assets
57. Class C fund unit: refers to that investors do not charge subscription fees when subscribing/subscribing, but
Class I fund shares with sales service fees accrued in gold property
58. Liquidity restricted assets: none due to laws and regulations, supervision, contracts or operational barriers
Assets that can be realized at a reasonable price, including but not limited to reversals with maturity of more than 10 trading days
Purchase of fixed deposits with banks (including bank deposits that are conditionally withdrawn in advance as agreed in the agreement), suspended shares
Restricted new shares, non-public issuance of shares, asset-backed securities, and failure to proceed due to the issuer's debt default
Transferred or traded bonds, etc
59. Credit derivatives: refer to those that comply with the relevant business rules of the stock exchange or the inter-bank market and are specifically used for
Credit derivatives for managing credit risk
60. Credit protection buyer: also called credit protection buyer, refers to the party receiving credit risk protection
61. Credit protection seller: also called credit protection provider, refers to the party providing credit risk protection
62. Nominal principal: also called transaction nominal principal, which refers to providing credit guarantee for a credit derivatives transaction
The amount of protection. All payments and settlements are based on this amount
63. Swing pricing mechanism: when the Fund is subject to large purchase and redemption, it will adjust the fund shares
The net value method allocates the market shock cost of the fund's adjusted portfolio to the investment actually subscribed and redeemed
Investors, so as to reduce the adverse impact on the interests of stock fund share holders and ensure the legal rights of investors
Benefits are not harmed and treated fairly
64. Side pocket mechanism: refers to the separation of specific assets in the fund portfolio from the original account to a special
The purpose of settlement of accounts is to effectively isolate and defuse risks and ensure that investors receive fair treatment
It is a liquidity risk management tool. During the implementation of the side pocket mechanism, the original account is called the main pocket account,
Special account is called side pocket account
65. Specific assets: including: (I) There is no active market price for reference and the valuation technology is still adopted
Assets that cause significant uncertainty in fair value; （2） Assets measured at amortized cost and withdrawn less
Assets whose value reserves still lead to significant uncertainty of asset value; （3） The value of other assets is heavy
Assets with great uncertainty
66. Force majeure: refers to the objective that the parties to the fund contract cannot foresee, avoid and overcome
event
The above definitions involve laws, regulations and business rules, and the laws, regulations and business rules are revised
Later, if the Fund is applicable, the relevant contents shall be subject to the revised laws, regulations and business rules.
Part III Fund Manager
1、 Overview of the Fund Manager
1. Name: China Europe Fund Management Co., Ltd
2. Address: Floor 8, No. 479, Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
3. Office address: Shanghai Center, No. 479, Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
The 8th, 10th and 16th floors of the building
4. Legal representative: Dou Yuming
5. Organizational form: limited liability company
6. Date of establishment: July 19, 2006
7. Approved by: China Securities Regulatory Commission
8. Approval No.: Zheng Jian Ji Jin Zi [2006] No. 102
9. Duration: continuous operation
10. Tel.: 021-68609600
11. Fax: 021-68609601
12. Contact: Ma Yunge
13. Customer service hotline: 021-68609700400-700-9700 (toll free)
14. Registered capital: RMB 220 million
15. Equity structure:
Serial number Name of shareholder Registered capital (RMB/10000 yuan) Proportion
1 WP Asia Pacific Asset Management LLC 5126 23.3000%
2 Dou Yuming 4400 20.0000%
3 Guodu Securities Co., Ltd. 4400 20.0000%
4 Shanghai Muyi Investment Management Partnership (Limited Partnership) 4400 20.0000%
5 Shanghai Muyan Investment Management Partnership (Limited Partnership) 388 1.7636%
6 Zhou Weiwen 792.7580 3.6034%
7 Lu Chunqing 611.7760 2.7808%
8 Gram 330 1.5000%
9 Wang Pei 330 1.5000%
10 Yu Jie 163.8340 0.7447%
11 Fang Yi 117.0180 0.5319%
12 Guan Ziyang 117.0180 0.5319%
13 Bian Xiyun 114.4660 0.5203%
14 Curve diameter 100 0.4545%
15 Liu Weiwei 100 0.4545%
16 Yuan Weide 100 0.4545%
17 Zheng Sultan 87.7580 0.3989%
18 Lan Xiaokang 80 0.3636%
19 Xu Wenxing 66 0.3000%
20 Liwei 66 0.3000%
21 Li Yihai 64.3720 0.2926%
22 Yin Zi 45 0.2045%
22000 100% in total
Note: Due to rounding, there is tail difference in the total equity ratio.
2、 Key personnel
1. Members of the Board of Directors of the Fund Manager
Mr. Dou Yuming is of Chinese nationality. Tsinghua University School of Economics and Management, Bachelor, Master, Tulane University, USA
MBA。 He is currently the chairman of China Europe Fund Management Co., Ltd., director of Shanghai Shengli Public Welfare Foundation, and Guoshou Investment
Independent director of Insurance Asset Management Co., Ltd. Used to work in Jun'an Securities Co., Ltd. and Dacheng Fund Management
limited company. Successively served as the investment director, general manager assistant, deputy general manager and foundation of Harvest Fund Management Co., Ltd
Manager Jin, General Manager and Director of Fullrich Fund Management Co., Ltd.
Mr. Zhou Langlang is a native of Hong Kong, China. University of Western Ontario, Canada Undergraduate, Tsinghua University Senior Management
People Master of Business Administration. Currently, he is the vice chairman of China Europe Fund Management Co., Ltd. and Warburg Pincus Investment Group
Co president of China, managing partner of China's financial and enterprise services industry and industrial technology investment industry
General Manager, Director of Henan Zhongyuan Consumer Finance Co., Ltd. Successive Credit Suisse First Boston
Analyst of (Canada) Bank and Citibank (Hong Kong) Investment Bank.
Ms. Zhang Yuanyuan, Chinese. Graduated from Chongqing University with bachelor's degree and master's degree. Current CEIBS Fund Management Co., Ltd
Director of Guodu Jingrui Investment Co., Ltd., General Manager and Director of Guodu Jingrui Investment Co., Ltd. Successive Chongqing International Trust Co., Ltd
Deputy General Manager of Beijing Business Management Headquarters and Executive President of Financial Market Business Department.
Mr. Liu Jianping is of Chinese nationality. LLB, LLM, Peking University, Arizona, USA
Doctor of Business Administration, Carey School of Business, University. Currently, he is the director, general manager and head of China Europe Fund Management Co., Ltd
Xi Information Officer, Chairman of China Europe Fund International Co., Ltd., arbitrated by China International Economic and Trade Arbitration Commission
Member. He has successively served as a teacher of Peking University, deputy director of the Fund Supervision Department of the China Securities Regulatory Commission, and Shanghai Investment and Mall
Inspector General of Roots Fund Management Co., Ltd.
Mr. Fan Yang is of Chinese nationality. Master of Economics, Macquarie University, Australia, Senior Business Administration, Tsinghua University
Master of Management. He is now an independent director of China Europe Fund Management Co., Ltd. CPPIB PE Investment
Managing Director of Asia Limited, Citron PE Investment (Hong Kong) 2016
Managing Director of Limited, Investment Director of CITIC Industrial Fund Management Company, and Representative of IFC in China
Investment officer of the balance sheet office, senior investment officer, vice president of Beijing Penglian Investment Consulting Co., Ltd., Deloitte Consulting
Senior Consultant and Manager of (Shanghai) Co., Ltd. Beijing Branch, Credit Manager of ABN Amro Bank Beijing Branch
Manager, Credit Assistant of Standard Chartered Bank Tianjin Branch.
Mr. Zhong Wei, Chinese nationality. Graduated from Northwest University of Political Science and Law with a bachelor's degree. Current China Europe Fund Management Co., Ltd
Independent director of the company, lawyer of Beijing Kangda (Guangzhou) Law Firm. Successively served as Beijing Kangda (Guangzhou)
Director of Guangzhou Branch of Law Firm, lawyer and senior partner of Beijing Kangda Law Firm, Shaanxi Province
Vice President of the People's Court of Yangxian County.
Mr. Dai Guoqiang is of Chinese nationality. Master of Finance, Shanghai University of Finance and Economics, Department of International Finance, Fudan University
Doctor of World Economy. Currently, he is an independent director of CEIBS Fund Management Co., Ltd., and a financial director of Shanghai University of Finance and Economics
Professor Xue, Honorary Dean of Qingdao Wealth Management Institute of Shanghai University of Finance and Economics, China Greenland Broad Green Group
Independent director of the Company, executive director of Shanghai Aozhi Literature and Art Creation Co., Ltd., Liqun Commercial Group
Independent director of the joint-stock company, and independent director of Jiangsu Kunshan Rural Commercial Bank Co., Ltd. Successive posts
Deputy Director of Finance Department of Shanghai University of Finance and Economics, Deputy Dean of School of Finance and Economics of Shanghai University of Finance and Economics, Shanghai University of Finance and Economics
Executive Vice President, President and Secretary of the Party Committee of School of Finance, President and Secretary of MBA School of Shanghai University of Finance and Economics
Secretary and Vice President of the Party Branch directly under the School of Business of Shanghai University of Finance and Economics.
2. Members of the Board of Supervisors of the Fund Manager
Mr. Gu Fei is Chinese. Master of Business Administration, Chinese Academy of Social Sciences. Current CEIBS Fund Management Co., Ltd
Chairman of the Board of Supervisors of Guodu Venture Capital Co., Ltd. and Deputy General Manager of Guodu Venture Capital Co., Ltd. Successive Beijing Jinrun Investment
General Manager of Customer Department of Management Co., Ltd., Deputy General Manager of Key Customer Department of Chongqing Guotou Wealth Investment Management Co., Ltd
Li, trust manager of Chongqing International Trust Co., Ltd., trader of Tianfeng Securities Co., Ltd., Yin
Investment Manager of Hederui Capital Management Co., Ltd.
Ms. Jiang Zhiyue is Chinese. Master of Real Estate Finance, Cambridge University. Current CEIBS Fund Management Co., Ltd
He is the supervisor of the Company and the investment manager of the equity investment department of Warburg Pincus Investment Group. Successively served as Bank of America Global
Manager of Marketing Department, Strategic Planning Manager of Shanghai Weixin Huizhi Financial Technology Co., Ltd., Credit Suisse (Hong Kong)
Analyst of investment bank of Hong Kong) Limited Liability Company.
Ms. Li Chen is Chinese. Bachelor of Computer Science and Application, Tongji University. Current CEIBS Fund Management
Supervisor and financial planning director of the limited company. He has successively served as the system administrator of Dalian Securities Shanghai Panyu Road Business Department,
Head of Customer Service Department of Shanghai Panyu Road Business Department of Datong Securities.
Mr. Liu Jingpeng, Chinese nationality. Master of Finance, Fudan University. Current China Europe Fund Management Co., Ltd
Supervisor and Deputy Product Director. Successively served as the product manager of the Product and Financial Engineering Department of Huachen Future Fund Management Co., Ltd
Li.
3. Senior management of the Fund Manager
Mr. Liu Jianping, General Manager of China Europe Fund Management Co., Ltd., Chinese nationality. The resume is the same as above.
Ms. Lu Chunqing, Deputy General Manager, member of the Equity Investment Decision Committee and Chief Investment Officer of China Europe Fund Management Co., Ltd
Supervisor, fund manager, Chinese nationality. Master of Finance, Saint Mary University, Canada. Successive KPMG Beijing Huazhen
Audit by accounting firm, researcher of CITIC Fund Management Co., Ltd., Yinhua Fund Management Co., Ltd
Department researcher, industry director, research director assistant, research deputy director.
Mr. Xu Xin, Deputy General Manager of CEIBS Fund Management Co., Ltd., Shanghai CEIBS Wealth Fund Sales Co., Ltd
Executive Director of the Company, Director of China Europe Fund International Co., Ltd., Chinese nationality. Master of Finance, Renmin University of China
EMBA of China Europe International Business School. Successively served as investment consultant of Hua'an Fund Management Co., Ltd. Beijing Branch
Q: Director of Institutional Finance Department of Harvest Fund Management Co., Ltd., Assistant to General Manager of Fullrich Fund Management Co., Ltd
Li.
Ms. Bian Xiyun, Chief Inspector of CEIBS Fund Management Co., Ltd., CEIBS Asset Management (Shanghai)
Director of the Company Limited, Director of Xingsheng Tiancheng Investment Management (Nanping) Co., Ltd., China Europe Private Equity Fund Management
Director of (Shanghai) Co., Ltd., Chinese nationality. EMBA of Wudaokou School of Finance, Tsinghua University. Successive KPMG
Assistant Audit Manager of Accounting Firm, Deputy Director of Investment Management Department of Yinhua Fund Management Co., Ltd., CEIBS
Risk Control Director of Fund Management Co., Ltd.
Ms. Yu Lan, Financial Director/HR Director of CEIBS Fund Management Co., Ltd., CEIBS Shanghai
Supervisor of Rich Fund Sales Co., Ltd., Chairman of CEIBS Asset Management (Shanghai) Co., Ltd., CEIBS
Director of Private Equity Fund Management (Shanghai) Co., Ltd., Chinese nationality. Master of Finance, Shanghai University of Finance and Economics
EMBA of Advanced Finance School of Haijiaotong University. He has successively served as the executive assistant to the president of Shanghai Securities Information Co., Ltd
Assistant to General Manager, Deputy Director of Operation and Director of Administration Department of European Fund Management Co., Ltd.
4. Proposed Fund Manager of the Fund
Name: Zhang Xueming Gender: Male
Nationality: China's highest degree, postgraduate, master
Other companies have successively served as middle office risk control research post of Bank of Chengdu Co., Ltd., deputy general manager of hedge fund department of Zhongtai Securities (Shanghai) Asset Management Co., Ltd., director and investment manager of anti fragile investment department of Shanghai Aifang Asset Management Co., Ltd
Successive senior researchers of the company
Current Fund Manager of the Company
Specific situation of the fund managed by the fund manager Product name Date of appointment Date of departure
1 China Europe Climate Select Hybrid Securities Investment Fund April 23, 2024
5. Member of the Investment Decision making Committee of the Fund Manager
Bian Xiyun, Ge Lan, Lu Chunqing, Liu Jianping, Lan Xiaokang, Wang Pei and Zhou Weiwen acted as equity investment decision makers
Member of the Policy Committee, responsible for the leadership of equity investment research. Zhou Weiwen is the chairman of the Equity Investment Decision making Committee.
Bian Xiyun, Chen Kaiyang, Huang Hua, LI TONG, Liu Jianping, Sang Lei and Shao Kai acted as fixed income investments
Member of the decision-making committee, responsible for the leadership of fixed income investment research. Shao Kai is the chairman of the fixed income investment decision-making committee.
6. None of the above personnel has close relatives.
3、 Responsibilities of the Fund Manager
1. Raise funds according to law, handle or entrust other institutions recognized by the CSRC as the basis for handling
Sale, subscription, redemption and registration of gold units;
2. Handling the fund filing procedures;
3. To manage, account for and invest in securities of different fund assets under their management;
4. Determine the fund income distribution plan in accordance with the provisions of the fund contract, and distribute the funds to fund share holders in a timely manner
Allocation income;
5. Conduct fund accounting and prepare fund financial accounting reports;
6. Prepare quarterly report, interim report and annual report;
7. Calculate and announce the net value of the fund, and determine the subscription and redemption prices of fund units;
8. To handle information disclosure matters related to fund property management business activities;
9. Convene the general meeting of fund unit holders in accordance with the provisions;
10. Keep records, account books, statements and other relevant materials of fund property management business activities;
11. In the name of the Fund Manager, on behalf of the Fund Unitholders, exercise litigation rights or implement
Other legal acts;
12. Other duties stipulated by laws, administrative regulations, CSRC and the Fund Contract.
4、 Commitment of the Fund Manager
1. The Fund Manager undertakes not to engage in any act in violation of the Securities Law of the People's Republic of China, and undertakes
Establish and improve the internal control system and take effective measures to prevent violation of the Securities Law of the People's Republic of China
Occurrence of behavior.
2. The Fund Manager promises not to engage in any act in violation of the Fund Law, and promises to establish and improve the internal risk
The insurance control system shall take effective measures to prevent the following behaviors:
(1) Mixing the inherent property of the fund manager or the property of others with the fund property for securities investment;
(2) Unfairly treat different fund assets under management;
(3) Making profits for a third party other than the fund share holders by taking advantage of the fund property or position
Benefit;
(4) Committing gains or bearing losses to fund share holders in violation of regulations;
(5) Embezzlement and misappropriation of fund assets;
(6) Disclose the unpublished information obtained for the convenience of his position, use the information to engage in or express or imply
Others engaged in relevant trading activities;
(7) Neglect of duty and fail to perform duties according to regulations;
(8) Other acts prohibited by laws, administrative regulations and the CSRC.
3. The fund manager promises to strictly abide by the fund contract, and promises to establish and improve the internal control system
Take effective measures to prevent violations of fund contracts.
4. The Fund Manager promises to strengthen personnel management, strengthen professional ethics, and urge and restrict employees to comply with the national standards
The company is honest, trustworthy, diligent and responsible in accordance with relevant laws, regulations and industry norms.
5. The Fund Manager undertakes not to engage in any act prohibited by other laws and regulations.
6. Fund manager commitment
(1) In accordance with the relevant laws, regulations and the provisions of the fund contract, the fund shares shall be accounted for in the principle of prudence
The holder seeks the best interests;
(2) Do not take advantage of their positions to seek benefits for themselves, their agents, employees or any third party;
(3) It does not violate the relevant laws and regulations in force, the fund contract and the relevant regulations of the CSRC
We will not disclose the business secrets related to securities and funds that we learned during the term of office, and the foundation that has not been disclosed according to law
Financial investment content, fund investment plan and other information, or use this information to engage in or express or imply that others
Related transaction activities;
(4) They shall not engage in securities trading or other activities that damage the fund assets or the interests of fund share holders.
5、 Internal control system of fund manager
1. Principles of internal control
(1) Principle of soundness. Internal control shall include all businesses, departments or institutions and
Personnel at all levels, including decision-making, implementation, supervision, feedback and other aspects.
(2) Principle of effectiveness. Establish reasonable internal control procedures through scientific internal control means and methods to maintain
Effective implementation of internal control.
(3) The principle of independence. The responsibilities of each organization, department and post of the Company shall be relatively independent
The operation of fund assets, self owned assets and other assets shall be separated.
(4) Principle of mutual restriction. The internal departments and positions of the company should be set up with clear rights and responsibilities and mutual system
Heng.
(5) Cost effectiveness principle. The company uses scientific management methods to reduce operating costs and improve
Economic benefits, with reasonable control cost to achieve the best internal control effect.
2. Architecture of internal control
The company's internal control system structure is an organizational structure with clear division of labor and mutual restraint
The Finance Department is responsible for risk assessment and monitoring of the department, and the Supervision and Audit Department is responsible for monitoring the company's risk management measures
Implementation of implementation. Specifically, it includes the following components:
(1) Board of Directors: responsible for formulating the company's internal control policies, and responsible for the complete and final internal control
Responsibility.
(2) The Board of Supervisors: inspect the Company's operation and perform duties for the Board of Directors and management
To supervise the situation.
(3) Inspector General: independently exercise the right of supervision and be directly responsible to the Board of Directors; In terms of internal control system and
The implementation independently performs the functions of inspection, evaluation, report and recommendation; To the Board of Directors and the CSRC
Report regularly and irregularly.
(4) Investment Decision making Committee: responsible for guiding the operation of the Fund's assets and all major investments of the Fund
Make a decision about the problem.
(5) Risk control committee: assist in establishing the principles, objectives and strategies of the company's risk control, and
Discuss and make decisions on important matters of risk control.
(6) Supervision and Audit Department: independent of other departments and business activities, the implementation of internal control system
Carry out comprehensive and special inspection and feedback to enable the company to achieve business objectives in a good internal control environment
Bid.
(7) Business department: specifically implement various internal control systems and policies of the company to ensure various business activities
The activity shall be carried out in accordance with laws and regulations.
3. Internal control measures
(1) The setting of departments and posts reflects the principle of clear responsibilities and mutual restriction.
Each department and post has a clear authorized division of labor and job responsibilities, and a detailed job description has been prepared
Books and business processes; Establish an important credential transmission and information communication system to realize relevant departments and positions
Supervision checks and balances between.
(2) Strictly control authorization.
Authorization control runs through the company's business activities. The company has established reasonable authorization standards and flow
To ensure the implementation of the authorization system. The authorization of major business shall be in written form, specifying the scope of authorization
Be inclusive and effective, and establish an effective evaluation and feedback mechanism for authorized departments and personnel.
(3) Implement proper post separation.
Establish a scientific post separation system, and each business department implements appropriate posts on the basis of appropriate authorization
Bit separation. Physical isolation of important businesses and posts, investment and trading, trading and clearing, fund accounting
There shall be no overlap with the accounting and other important positions of the company.
(4) Establish a sound asset separation system.
Establish a sound asset separation system, fund assets and company assets, assets of different funds and others
Entrusted assets are operated independently and accounted separately.
(5) Establish a rigorous and effective risk management system.
The risk management system includes two aspects: first, the risk assessment and detection methods of the company's main business
The department risk index assessment system and the business personnel moral risk prevention system should be established; Second, the company is flexible
Effective emergency and response measures and crisis handling mechanism. Through strict and effective risk management system
Internal and external risks shall be identified, assessed and analyzed to prevent and resolve risks in a timely manner.
(6) Establish a complete information preservation system.
Record each business truthfully, comprehensively, timely and accurately, and conduct accounting and
Business records, complete and properly keep accounting, statistics and various business data files to ensure the original records
Records, contract contracts and various information data are true and complete.
4. Statement of Fund Manager on Internal Control System
The Fund Manager is sure to establish an internal control system, maintain its effectiveness and effectively implement internal control
The system is the responsibility of the fund manager's board of directors and management, and the board of directors bears the ultimate responsibility; Management of the Fund
I hereby declare that the above disclosure of internal control system and risk management is true and accurate, and promise that
The market changes and the development of fund managers have constantly improved the risk management and internal control system.
Part IV Fund Custodian
1、 Basic Information of Fund Custodian
1. Basic information
Name: Guangzhou Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Guangzhou Rural Commercial Bank")
Or "Guangzhou Rural Commercial Bank")
Address: No. 9, Yingri Road, Huangpu District, Guangzhou
Office address: No.1 Huaxia Road, Zhujiang New Town, Tianhe District, Guangzhou
Time of establishment: October 27, 2006
Registered capital: RMB 11.451 billion
Duration: continuous operation
Legal representative: Cai Jian
Establishment Approval No.: YJF [2009] No. 484
Fund custody business qualification approval No.: ZJXK [2014] No. 83
Contact: Li Zhongliang
Tel: (020) 22389371
Fax: (020) 28019340
2. Key personnel
The head office of Guangzhou Rural Commercial Bank has an asset custody department, which is a functional department engaged in asset custody business,
There are business operation department, supervision and audit department and product marketing department. All staff of the department have bachelor's degree or above
Experience and relevant working experience.
Mr. Lao Canhong, a postgraduate, has more than 20 years of banking experience. Worked in Bank of China Guangdong
Provincial Branch, Senior Manager of Corporate Banking and Financial Institutions Department of Bank of China (Hong Kong) Limited; September 2010
In June, he joined Guangzhou Rural Commercial Bank, and successively served as the president and chairman of Heshan Pearl River Village Bank; Guangzhou Rural Business
Deputy General Manager of Corporate Banking Department, Deputy General Manager and General Manager of Investment and Institutional Management Department of Industrial Bank.
From June 2023, he served as the general manager of the asset custody department of Guangzhou Rural Commercial Bank.
Ms. Du Hui, a postgraduate, has more than 10 years of banking experience. Successive posts since 2008
Head of Product Marketing Department of Guangzhou Branch of China Guangfa Bank and Senior Manager of Guangzhou Branch of China CITIC Bank; April 2014 plus
Joined Guangzhou Rural Commercial Bank, successively served as the business manager of the bill business center and the bill business manager of the financial interbank department
Senior manager of bill business department, senior manager of interbank financial department, assistant general manager of interbank financial department, etc
Business. From March 2019, served as the assistant to the general manager of the asset custody department of Guangzhou Rural Commercial Bank.
3. Operation of fund custody business
Guangzhou Rural Commercial Bank was jointly approved by China Securities Regulatory Commission and China Banking Regulatory Commission on January 9, 2014
And obtain the securities investment fund custody qualification. On October 24, 2015, China Insurance Regulatory Commission
With the approval of the committee, Guangzhou Rural Commercial Bank obtained the qualification of insurance asset custody business. Guangzhou Rural Commercial Bank
The Asset Custody Department adheres to the purpose of "honesty, credit, diligence and responsibility" and relies on strict internal control management and advanced
Our business system, professional service team and rich business experience strictly perform the duties of asset custodian,
Provide safe, efficient and professional custody services for fund share holders and asset management institutions. order
The former custody products cover public funds, special fund accounts, bank financing, asset management of securities firms, trust plans, and equity
Investment funds, etc. By the end of 2023, there were 22 managed securities investment funds.
2、 Internal control system of fund custodian
1. Internal control objectives
Strictly abide by national laws, regulations, rules, administrative provisions and industry standards on custody business
And relevant internal management regulations, operate in compliance with the law, standardize operation, ensure the safe and stable operation of business
Security and integrity of the Fund's assets, ensuring the authenticity, accuracy, integrity and timeliness of relevant information, and protecting the Fund
Legal rights and interests of unit holders.
2. Internal control organizational structure
The internal control organizational structure of asset custody business of Guangzhou Rural Commercial Bank is under the risk management of Guangzhou Rural Commercial Bank
The Audit Department, the Audit Department and the Asset Custody Department are composed of a supervision and audit office and various business departments of the Asset Custody Department.
The Head Office Risk Management Department is responsible for formulating the bank wide risk management policy and conducting risk control work for each business unit
Guidance and supervision. The Asset Custody Department has a supervision and audit office, which is staffed with full-time auditors and supervisors
Laws and regulations, and independently exercise the power of audit and supervision over the operation of business. Each business department within its own scope of responsibility
Implement specific risk control measures.
3. Internal control principle
(1) Principle of legality. The internal control system should comply with national laws and regulations and the regulatory requirements of the regulatory authority
And throughout the operation and management activities of the custody business.
(2) Integrity principle. All operation and management activities of custody business must have corresponding standardized procedures
And supervision and restriction; Supervision and restriction should permeate the whole process and all operational links of the custody business, covering all
Department, post and personnel of.
(3) Timeliness principle. The business activities of custody business must be recorded accurately and timely when they occur; Press
According to the principle of "internal control first", when setting up new departments or adding new business varieties, relevant
Rules and regulations.
(4) Prudence principle. All business operations must prevent risks, operate prudently, and guarantee the fund
Safety and integrity of assets and other entrusted assets.
(5) Principle of effectiveness. The internal control system should be timely in accordance with national policies, laws and the needs of business management
Modify and improve, and ensure that it is fully implemented, without any space, time limit and personnel exceptions.
(6) The principle of independence. Establish a management department to perform the duties of the Fund Custodian; Direct operator
Personnel and control personnel must be relatively independent and properly separated; The inspection and evaluation departments of the internal control system must be independent
In the formulation and implementation department of internal control system.
（3） Methods and procedures for the Fund Custodian to supervise the Fund Manager's operation of the Fund
The Fund Custodian shall, in accordance with the Fund Law, the Operation Measures, other relevant laws and regulations and the Fund Agreement
The same provisions prohibit fund investment scope, investment object, investment proportion, financing proportion and fund investment
Behavior, calculation of net asset value of the fund, provision and payment of fees, distribution of fund income, information disclosure and
Other matters related to the investment and operation of the Fund shall be supervised.
1. The Fund Custodian finds that the Fund Manager has violated the Fund Law, the Operation Measures and other provisions
The Fund Manager shall be notified in a timely manner to correct the acts specified in relevant laws and regulations and the Fund Contract
The manager shall check and confirm in time after receiving the notice. Within the time limit, the Fund Custodian has the right to notify
And urge the fund manager to make corrections. Violations notified by the Fund Manager to the Fund Custodian
If it fails to make corrections within the time limit, the fund custodian shall report to the CSRC.
2. The Fund Custodian shall submit the Fund Supervision Report to the CSRC in accordance with the requirements of laws and regulations,
The Fund Manager shall actively cooperate in providing relevant data and systems.
3. If the Fund Custodian finds that the Fund Manager has major violations, it shall report to the CSRC in a timely manner,
At the same time, the Fund Manager shall be notified to correct within a time limit, and the results of the correction shall be reported to the CSRC.
Part V Relevant Service Organizations
1、 Fund unit sales agency
(1) Direct selling mechanism
Name: China Europe Fund Management Co., Ltd
Address: Floor 8, No. 479, Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
Office address: Shanghai Center Building, 479 Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
16th floor
Legal representative: Dou Yuming
Contact: Ma Yunge
Tel.: 021-68609602
Fax: 021-68609601
Customer service hotline: 021-68609700400-700-9700 (toll free)
Website: www.zofund.com
(2) Other sales organizations
For the specific list of each sales agency, see the Fund Unit Offering Announcement and the Fund Manager's website
Directory of gold sales institutions. The Fund Manager may change, increase or
Reduce sales agencies and publicize them on the fund manager's website. The sales organization can change and increase according to the situation
Or reduce its sales cities and outlets. Specific selling time and fund sales services provided by each sales agency
There may be differences, please consult each sales agency for details.
2、 Registration Authority
Name: China Europe Fund Management Co., Ltd
Address: Floor 8, No. 479, Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
Office address: Shanghai Center Building, 479 Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
8th, 10th and 16th floors
Legal representative: Dou Yuming
General Manager: Liu Jianping
Date of establishment: July 19, 2006
Tel.: 021-68609600
Fax: 021-68609601
Contact: Yang Yi
3、 Law firm issuing legal opinion
Name: Shanghai Tongli Law Firm
Address: 19/F, Times Financial Center, 68 Yincheng Middle Road, Shanghai
Office address: 19/F, Times Financial Center, 68 Yincheng Middle Road, Shanghai
Person in charge: Han Jiong
Handling lawyers: Liming, Chen Yinghua
Tel.: 021-31358666
Fax: 021-31358600
Contact: Chen Yinghua
4、 Accounting firm auditing fund assets
Name: PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership)
Address: 507, DBS Building, 1318 Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
Unit 01
Executive partner: Li Dan
Office address: Floor 42, Qiantan Center, No. 588, Dongyu Road, Pudong New Area, Shanghai, China
Tel: (021) 23238888
Fax: (021) 23238800
Contact: Zhong Wenyuan
Handling accountant: Wei Jialiang, Zhong Wenyuan
Part VI Fund Raising
1、 Basis for fund raising
The Fund Manager shall, in accordance with the Fund Law, the Operation Measures, the Sales Measures
The relevant provisions of the gold contract and other laws and regulations are approved by the CSRC on April 1, 2024
[2024] No. 547 document approved the raising.
2、 Fund type and operation mode
The Fund is a hybrid securities investment fund.
The operation mode of the Fund is contractual and open.
3、 Duration of the Fund
Irregular.
4、 Type of Fund Units
The Fund divides the Fund units into
A. C Two types of fund shares. The subscription/subscription fee is charged when the investor subscribes/subscribes, but not from this category
If a sales service fee is withdrawn from the fund property, it is called Class A fund units; Not accepted when investors subscribe/subscribe
Category C fund refers to the fund that takes subscription/subscription fees but withdraws sales service fees from the fund property of this category
Share.
The codes of Class A fund units and Class C fund units of the Fund are set respectively. Due to the lack of fund fees
Similarly, the net value of fund units will be calculated for the Class A fund units and Class C fund units of the Fund respectively, and the calculation formula
For:
The net value of a certain type of fund unit on the calculation date=the net value of the fund asset of this type of fund unit on the calculation date/the calculation
The total number of fund units of this category sold on a daily basis.
Investors can choose the type of fund units to subscribe/subscribe.
Without violating the provisions of laws and regulations, the fund contract and the interests of existing fund share holders
Under the circumstance of adverse sexual impact, the Fund Manager may add new fund share categories
Adjust the subscription rate of the existing fund unit category, lower the sales service rate or change the charging method, and stop cashing
There are sales of fund unit categories, etc. The fund manager needs to make timely announcement before the implementation of the adjustment, and does not need to convene fund unit
General meeting of holders.
5、 Way of raising
It is publicly offered through the fund sales outlets of each sales agency or other designated ways
For the specific list of, please refer to the fund unit offering announcement and the name of the fund sales agency published on the official website of the fund manager
Record.
The acceptance of the subscription application by the sales agency does not necessarily mean that the application is successful, but only represents the sales agency
The subscription application was indeed received. The confirmation of subscription shall be subject to the confirmation result of the registration authority. For subscription application
And the confirmation of subscribed shares, investors should timely inquire and properly exercise their legal rights, otherwise
Any loss incurred by the investor shall be borne by the investor.
6、 Raising period
The maximum period of time from the date of sale of fund units shall not exceed 3 months. See the specific time of sale of fund units
Sales announcement.
7、 Raising scale
The minimum total raised shares of the Fund is 200 million, and the minimum total raised amount is 200 million yuan
Yuan.
The Fund can set the upper limit of the initial raising scale. The specific upper limit of the raising scale and the scale control scheme are detailed in
See the Fund Unit Offering Announcement or other announcements. If the Fund sets a ceiling on the size of initial offering, the Fund Contract
After taking effect, it is not subject to the limit of this raising scale.
8、 Raising objects
Individual investors, institutional investors
Qualified foreign investors and other investments permitted by laws and regulations or the CSRC to purchase securities investment funds
People.
9、 Initial par value of fund units, subscription fees and calculation of subscription units
1. The initial face value of the Fund units is RMB 1.00, which is sold at the initial face value.
2. Subscription fee
Subscription fees are charged for Class A fund units of the Fund, and no subscription fees are charged for Class C fund units. Base
The subscription fee is charged for Class A fund units at the time of subscription, and the subscription rate decreases with the increase of the subscription amount. book
The Fund implements preferential subscription rates for pension customers who subscribe Class A fund shares through the direct marketing center. base
The subscription fee is not included in the fund property and is mainly used for the marketing, sales, registration, etc. of the fund
Various expenses incurred during the fund raising period.
Pension clients include funds raised by basic pension funds and legally established pension plans and their investments
Supplementary pension funds formed by operating income, including:
(1) National Social Security Fund;
(2) Local social security funds that can invest in funds;
(3) Single plan and collective plan of enterprise annuity;
(4) Asset management plan for specific clients entrusted by the enterprise annuity council;
(5) Enterprise annuity pension products;
(6) Occupational pension plan;
(7) Pension target fund;
(8) Personal tax deferred commercial endowment insurance and other products.
If a new pension fund type approved by the pension fund supervision department appears in the future, the fund manager can
When the prospectus is updated or an interim announcement is issued to include them in the scope of pension clients. Other customers
Other investors who subscribe for pension funds through the fund manager's direct marketing center.
Preferential treatment for pension clients who subscribe Class A fund shares of the Fund through the Fund Manager's direct marketing center
The subscription rate is shown in the table below:
Subscription rate Subscription amount (M) Rate/fee
M ＜ 1 million yuan 0.12%
1 million yuan ≤ M ＜ 5 million yuan 0.08%
M ≥ 5 million yuan 1000 yuan per transaction
The subscription rates for other clients to subscribe for Class A fund units of the Fund are shown in the following table:
Subscription rate Subscription amount (M) Rate/fee
M ＜ 1 million yuan 1.20%
RMB 1 million ≤ M ＜ RMB 5 million 0.80%
M ≥ 5 million yuan 1000 yuan per transaction
If the investor has multiple subscriptions, the applicable rate shall be calculated separately for each subscription.
3. Calculation of subscribed shares
(1) If an investor chooses to subscribe for Class A fund shares, the formula for calculating the subscribed shares is:
When the subscription fee is applicable to the proportional rate, the calculation formula of the subscription share is:
Net subscription amount=subscription amount/(1+subscription rate)
Subscription fee=subscription amount - net subscription amount
Subscription share=(net subscription amount+subscription interest)/1.00 yuan
When the subscription fee is a fixed amount, the calculation method of subscription shares is as follows:
Subscription fee=fixed amount
Net subscription amount=subscription amount - subscription fee
Subscription unit=(net subscription amount+subscription interest)/1.00 yuan
The calculation of subscribed shares shall be reserved to 2 decimal places, and the part after 2 decimal places shall be rounded off,
The gains or losses arising from this error shall be borne by the fund property.
For example, an investor (other clients) invested 100000 yuan in the subscription period to subscribe for the Class A Fund
For gold shares, the subscription rate is 1.20%, assuming that the interest generated during the subscription period of the 100000 yuan is 29.50
Yuan, then the number of Class A fund units available is calculated as follows:
Net subscription amount=100000/(1+120%)=98814.23 yuan
Subscription fee=100000-98814.23=1185.77 yuan
Subscription shares=(98814.23+29.50)/1.00=98843.73
That is, investors (other clients) invest 100000 yuan to subscribe for Class A fund shares of the Fund
At the end of the purchase period, assuming that the interest of the 100000 yuan during the subscription period is 29.50 yuan
98843.73 Class A fund shares of the Fund were registered in the account.
(2) If an investor chooses to subscribe for Class C fund shares, the formula for calculating the subscribed shares is:
Subscription unit=(subscription amount+subscription interest)/1.00 yuan
The calculation of subscribed shares shall be reserved to 2 decimal places, and the part after 2 decimal places shall be rounded off,
The gains or losses arising from this error shall be borne by the fund property.
For example, an investor invests 100000 yuan to subscribe for Class C fund shares of the Fund during the subscription period, assuming that
If the interest generated by 100000 yuan during the subscription period is 30.00 yuan, the number of Class C fund units it can obtain
The calculation is as follows:
Subscribed shares=(100000+30.00)/1.00=100030.00
That is, investors invest 100000 yuan to subscribe for Class C fund units of the Fund. At the end of the subscription period,
Assuming that the interest generated by the 100000 yuan during the subscription period is 30.00 yuan, the investor's account is registered with the principal
100030.00 Class C fund shares.
10、 Investor's subscription to the Fund
1. Subscription schedule
The specific business time for investors to subscribe to the Fund is shown in the Fund Unit Offering Announcement.
2. Documents to be submitted and procedures to be handled by investors when subscribing to the Fund
For the documents that investors should submit and the procedures they should go through when subscribing to the Fund, see the Fund Unit Offering Announcement.
3. Subscription method and confirmation
When subscribing, investors shall pay in full in the way specified by the sales agency.
Investors may subscribe for fund units several times during the offering period, and once the application for subscription is accepted, it may not be revoked.
The subscription application submitted by the investor within the specified time on T day shall be submitted after T+2 day (including that day) and
Check whether the subscription application has been successfully received at the original application outlet or through the fund manager's customer service center
Li.
The investor shall, after the fund contract comes into effect, promptly go to the original application outlet or through the fund manager's customer service
The service center inquires about the confirmation of subscribed shares.
If the cumulative number of fund units subscribed by a single investor of the Fund reaches or exceeds the total number of fund units
50%, the fund manager may limit the subscription application of the investor by means of proportion confirmation. base
The acceptance of a certain subscription application or some subscription applications by the fund manager may lead investors to evade the above 50% proportion in disguised form
If required, the Fund Manager has the right to reject all or part of such subscription applications. Fund shares subscribed by investors
The amount shall be subject to the confirmation of the registration authority after the fund contract takes effect.
4. Subscription limit
The minimum amount of a single initial subscription for each account in the sales outlets of other sales institutions of the Fund is 1 yuan (including
Subscription fee, the same below), the minimum amount of a single additional subscription is 0.01 yuan; The first time of each account of the direct selling institution
The minimum amount of a single subscription is 10000 yuan, and the minimum amount of an additional subscription is 10000 yuan, with no level difference
Limitations. On the premise of not violating the above provisions, each sales agency has its own minimum subscription limit and transaction level difference
The business regulations of each sales organization shall prevail.
The Fund Manager may limit the cumulative subscription amount of a single investor during the offering period
See relevant announcements for restrictions and handling methods.
The Fund Manager may adjust the quantity limit of the subscription amount according to the market situation, and the Fund Manager must
Publish an announcement on the specified media in accordance with the relevant provisions of the Information Disclosure Measures at the latest before the implementation of the adjustment.
11、 Treatment of interest on raised funds
The interest generated from the effective subscription funds during the raising period will be converted into fund units and returned to the fund unit holders
All, of which the interest transfer share shall be subject to the records of the registration authority.
12、 The funds raised during the fund raising shall be deposited into a special account, and before the end of the fund raising,
No one can use it.
Part VII Effectiveness of the Fund Contract
1、 Conditions for Fund Filing
The total amount of units raised in the Fund shall not be less than 200 million within three months from the date of sale of the Fund units
The fund raised amount shall not be less than RMB 200 million and the number of fund subscribers shall not be less than 200
The fund raising period expires or the fund manager may decide to suspend the fund in accordance with laws, regulations and the prospectus
The fund will be sold, and a legal capital verification agency will be hired to verify the capital within 10 days, and 10 days from the date of receiving the capital verification report
And go through the fund filing procedures with the CSRC.
If the fund raising meets the conditions for fund filing, the fund manager shall take
The Fund Contract shall come into force from the date of written confirmation by the CSRC; Otherwise, the fund contract will not take effect. Fund management
The manager shall announce the effectiveness of the fund contract on the next day after receiving the confirmation document from the CSRC. Fund management
The manager shall deposit the funds raised during the fund raising into a special account, and before the end of the fund raising
Who can not use it.
2、 Handling method of raised funds when the fund contract fails to take effect
If the raising period expires and the fund filing conditions are not met, the fund manager shall bear the following responsibilities
Ren:
1. Bear the debts and expenses arising from the raising with its inherent property;
2. Return the funds paid by investors within 30 days after the expiration of the fund raising period, plus the bank
Current deposit interest in the same period;
3. If the fund raising fails, the fund manager, the fund custodian and the sales institution shall not request remuneration.
All fees paid by the Fund Manager, the Fund Custodian and the Sales Agency for the Fund raising shall be borne by each party
Undertake.
3、 Number of fund share holders and asset size within the duration of the fund
After the Fund Contract comes into effect, the number of Fund Unitholders is less than 200 or
Where the net asset value of a fund is less than 50 million yuan, the fund manager shall disclose such information in the regular report
Dew; In case of the above circumstances for 60 consecutive working days, the Fund Manager shall, within 10 working days
China Securities Regulatory Commission reports and proposes solutions, such as continuous operation, transformation of operation mode, and merger with other funds
Or terminate the fund contract, and convene a general meeting of fund unit holders within 6 months.
Where laws and regulations or the CSRC provide otherwise, such provisions shall prevail.
Part VIII Subscription and Redemption of Fund Units
1、 Place for subscription and redemption
The subscription and redemption of the Fund will be conducted through the sales agency. The specific sales agency will be managed by the fund
People are listed in the prospectus or other relevant publicity. The Fund Manager may, as the case may be, target certain funds
Share change or increase or decrease of sales agencies shall be publicized on the fund manager's website. Fund investors should sell
The business place where the institution handles fund sales business or handles fund shares in other ways provided by the sales institution
Subscription and redemption of.
2、 Opening day and time of subscription and redemption
1. Open Day and Opening Hours
The investor shall handle the subscription and/or redemption of fund units on the open day, and the specific handling time is Shanghai Securities
The trading hours on normal trading days of the Exchange and Shenzhen Stock Exchange, if the Fund participates in the trading of Hong Kong Stock Connect
If the trading day is not a Hong Kong Stock Connect trading day, the Fund Manager may decide whether the Fund is
Whether to open subscription, redemption and conversion business shall be subject to the announcement issued in advance at that time. But fund management
When the person announces the suspension of subscription and redemption in accordance with laws and regulations, the requirements of the CSRC or the provisions of the fund contract
except.
After the fund contract comes into effect, if there is a new securities/futures trading market or a securities/futures exchange
In case of time change or other special circumstances, the Fund Manager will, as the case may be, conduct
Corresponding adjustments shall be made before the implementation date in accordance with the relevant provisions of the Information Disclosure Measures
Notice.
2. Start date of subscription and redemption and business handling time
The Fund Manager may, in accordance with the actual situation, determine the specific date on which the Fund will begin to apply for subscriptions
The time for handling sports business shall be specified in the announcement of the beginning of subscription.
The Fund Manager shall handle the redemption within 3 months from the effective date of the Fund Contract
The handling time shall be specified in the announcement of redemption commencement.
After determining the start time of subscription and redemption, the Fund Manager shall, before the opening day of subscription and redemption
Announce the start time of subscription and redemption on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
The Fund Manager may not apply for Fund units on a date or time other than that specified in the Fund Contract
Purchase, redemption or conversion. The investor puts forward the subscription and redemption on a date and time other than that specified in the fund contract
Or if the application for conversion is confirmed and accepted by the registration authority, the subscription and redemption prices of the fund units shall be the next open day
The purchase and redemption price of such fund units.
3、 Principles of subscription and redemption
1. The principle of "unknown price", that is, the subscription and redemption prices of such funds are calculated after the closing of the application day
Calculate on the basis of net share value;
2. The principle of "amount subscription and share redemption", that is, subscription is applied for by amount, and redemption is applied for by share;
3. The application for subscription and redemption on that day may be withdrawn within the time specified by the Fund Manager;
4. Redemption follows the principle of "first in, first out", that is, it is carried out according to the order of subscription and application of investors
Sequential redemption;
5. When handling subscription and redemption business, the principle of giving priority to the interests of fund unit holders shall be followed to ensure that
The legitimate rights and interests of investors shall not be damaged and shall be treated fairly;
6. When subscribing for the Fund, investors can choose the type of fund units to be subscribed; Fund manager
In accordance with the relevant laws and regulations and the provisions of the fund contract, in the future, when the conditions are ripe and well prepared
Under such circumstances, the Fund Manager shall provide conversion services between different types of shares of the Fund
Formulated and announced in accordance with the provisions of relevant laws and regulations and the Fund Contract.
The Fund Manager may, as permitted by laws and regulations, have no material adverse effect on the interests of Fund Unitholders
The above principles shall be adjusted. The fund manager must comply with
The relevant provisions of the Information Disclosure Measures shall be announced on the specified media.
4、 Procedures for subscription and redemption
1. Application method for subscription and redemption
The investor must, in accordance with the procedures stipulated by the sales agency, withdraw within the specific business handling time on the opening day
Apply for subscription or redemption.
2. Payment of subscription and redemption funds
When an investor subscribes to fund units, he must pay the subscription amount in full, and the investor must pay the subscription amount in full
Item, subscription establishment; The subscription takes effect when the registration authority confirms the fund units.
The redemption is established when the fund unit holder submits the redemption application; When the registration authority confirms the redemption
Effectiveness. After the investor's redemption application takes effect, the fund manager will pay the redemption within T+7 days (including that day)
Payment. In case of huge redemption or deferred payment of redemption funds as agreed in the fund contract
The payment method shall refer to the relevant provisions of the fund contract. In case of delay in data transmission of the exchange or trading market
Communication system failure, bank data exchange system failure or other problems beyond the control of the fund manager and fund custodian
If the business processing process is affected by the system factors, the time of redemption payment shall be postponed accordingly.
3. Confirmation of application for subscription and redemption
The Fund Manager shall take the day when valid subscription and redemption applications are accepted before the end of trading hours as the day of subscription
Or the redemption application date (T day), under normal circumstances, the Fund's registration authority will conduct the transaction within T+1 days
To confirm the effectiveness of. For the valid application submitted on T date, the investor shall submit the valid application after T+2 date (including that date)
Timely go to the sales outlet counter or inquire about the confirmation of the application in other ways specified by the sales agency. Ruoshen
If the purchase is unsuccessful, the principal of the purchase amount shall be returned to the investor.
The acceptance of the application for subscription and redemption by the sales agency does not mean that the application is necessarily successful, but only represents the sales
The agency did receive the application. The confirmation of the application for subscription and redemption shall be subject to the confirmation result of the registration authority. yes
Investors should timely inquire about the confirmation of the application and properly exercise their legal rights, otherwise
The investor shall bear any loss incurred by the investor.
4. If future laws and regulations or regulatory rules have other provisions on the above contents, their provisions shall prevail.
The Fund Manager may apply for the above subscription and redemption within the scope permitted by laws, regulations and the Fund Contract
The confirmation time of the application shall be adjusted, and must be in accordance with the relevant provisions of the Information Disclosure Measures before the implementation date of the adjustment
It is required to publish on the specified media.
5、 Quantity limit of subscription and redemption
1. The minimum amount of the first single purchase application for each account of the sales outlets of other sales agencies is 1 yuan (including the application for
Purchase fee, the same below), the minimum amount of additional purchase is 0.01 yuan. Provided that the foregoing provisions are not violated
If the sales agencies have other provisions on the minimum subscription amount and transaction level difference of the Fund
The business regulations of the organization shall prevail.
The minimum amount of a single initial purchase for each account of a direct selling institution is 10000 yuan, and the minimum amount of a single additional purchase
The amount is 10000 yuan. Investors in sales outlets of other sales institutions want to transfer to direct selling institutions for transactions
It shall be subject to the minimum subscription amount of the direct selling institution. Fund income distributed by investors in the current period is transferred to corresponding categories
Shall not be subject to the minimum subscription amount.
The Fund Manager may adjust the minimum amount of initial subscription and additional subscription of the Fund according to market conditions
Single minimum amount.
2. When the fund unit holder redeems the Fund at the sales institution, each redemption application shall not be less than 0.01
Fund units. If a certain share reduction business results in the fund share balance of a single fund transaction account not being
The registration authority has the right to apply for the fund held by the fund unit holder in the fund transaction account
Full redemption of shares (share reduction business refers to redemption, conversion and transfer out, non trading transfer, etc
The specific types shall be subject to the relevant business rules).
3. The Fund has no upper limit on the cumulative shares held by a single investor, but a single investor holds
The number of fund shares shall not reach or exceed 50% of the total number of fund shares (due to
The amount of redemption and other circumstances lead to passive reaching or exceeding 50%). Laws and regulations or other regulations of the regulatory authority
If it is determined, its provisions shall prevail.
4. When accepting the application for subscription has a potentially significant adverse impact on the interests of the holders of stock fund units,
The Fund Manager shall set the upper limit of the subscription amount of a single investor or the net subscription ratio of a single day of the Fund
Measures such as restricting or rejecting large amount subscription, suspending fund subscription, etc. to effectively protect the joint venture of stock fund unit holders
Legal interests. The fund manager can take the above measures for the fund based on the needs of investment operation and risk control
The scale shall be controlled. See the relevant announcement of the Fund Manager for details.
5. The Fund Manager may adjust the above specified subscription amount and redemption if permitted by laws and regulations
Share and other quantitative restrictions. The fund manager must comply with the relevant provisions of the Information Disclosure Measures before the implementation of the adjustment
It is required to publish on the specified media.
6、 Purchase and redemption prices, fees and their uses
1. The calculation of the net value of various fund units of the Fund shall be kept to 4 decimal places, and the first decimal place
The five digits shall be rounded off, and the resulting gains or losses shall be borne by the fund property. Under special circumstances, fund management
The Manager may negotiate with the Fund Custodian and the registration institution to increase the number of calculation digits of the net value of fund units to maintain the Fund
Investor interests. The net value of various fund units on T day shall be calculated after the close of the market on that day, and shall be calculated according to the
The announcement shall be made as agreed in the ". In case of special circumstances, the calculation can be delayed or the public security can be
Notice. The net value of fund units will be calculated separately for Class A fund units and Class C fund units of the Fund.
2. The effective unit of subscription is the net subscription amount divided by the net value of such fund unit on the current day
The unit is copies. The above calculation results are rounded to 2 decimal places
The fund property shall bear the income or loss of.
If the investor has multiple subscriptions within one day, the applicable rate shall be calculated separately for each subscription.
(1) Subscription expenses
Class A fund units of the Fund will be charged a subscription fee when the investor subscribes, and the subscription rate will follow the
In case of increase and decrease, no subscription fee will be charged for Class C fund units. The subscription fee is not included in the fund property and is mainly used for
Expenses for marketing, sales and registration of the Fund.
The Fund gives preferential treatment to pension customers who apply for Class A fund shares of the Fund through the direct marketing center
Subscription rate.
Pension clients include funds raised by basic pension funds and legally established pension plans and their investments
Supplementary pension funds formed by operating income, including:
1) National Social Security Fund;
2) Local social security funds that can invest in funds;
3) Single plan and collective plan of enterprise annuity;
4) Asset management plan for specific clients entrusted by the enterprise annuity council;
5) Enterprise annuity pension products;
6) Occupational pension plan;
7) Pension target fund;
8) Personal tax deferred commercial endowment insurance and other products.
If a new pension fund type approved by the pension fund supervision department appears in the future, the fund manager can
When the prospectus is updated or an interim announcement is issued to include them in the scope of pension clients. Other customers
Other investors of pension customers who subscribe through the fund manager's direct marketing center.
Preferential treatment for pension customers who apply for Class A fund shares of the Fund through the Fund Manager's direct marketing center
The subscription rate is shown in the table below:
Subscription rate Subscription amount (M) Rate/fee
M ＜ 1 million yuan 0.15%
1 million yuan ≤ M ＜ 5 million yuan 0.10%
M ≥ 5 million yuan 1000 yuan per transaction
See the following table for the subscription rate of other customers for Class A fund units of the Fund:
Subscription rate Subscription amount (M) Rate/fee
M ＜ 1 million yuan 1.50%
1 million yuan ≤ M ＜ 5 million yuan 1.00%
M ≥ 5 million yuan 1000 yuan per transaction
(2) Calculation of subscription shares
1) If investors choose to subscribe for Class A fund shares, the calculation formula of the subscribed shares is:
When the subscription fee applies to the proportional rate, the calculation method of the subscription share is as follows:
Net subscription amount=subscription amount/(1+subscription rate)
Subscription fee=subscription amount - net subscription amount
Subscription units=net subscription amount/net value of Class A fund units on the day of subscription
When the subscription fee is a fixed amount, the calculation method of subscription share is as follows:
Subscription fee=fixed amount
Net subscription amount=subscription amount - subscription fee
Subscription units=net subscription amount/net value of Class A fund units on the day of subscription
For example, an investor (other clients) invested 100000 yuan to subscribe for Class A fund shares of the Fund
The corresponding subscription rate is 1.50%, assuming that the net value of Class A fund units in the day of subscription is 1.0000
Yuan, then the available subscription shares are:
Net subscription amount=100000/(1+1.50%)=98522.17 yuan
Subscription fee=100000 － 98522.17=1477.83 yuan
Subscription shares=98522.17/1.0000=98522.17
That is, investors (other clients) invest 100000 yuan to subscribe for Class A fund shares of the Fund, assuming that
If the net value of Class A fund units of the fund in the day of subscription is 1.0000 yuan, then it can obtain Class A fund of the fund
98522.17 shares.
2) If investors choose to subscribe for Class C fund shares, the calculation formula of the subscribed shares is:
Subscription units=subscription amount/net value of fund units of Class C fund units on the date of subscription
Example: An investor invests 100000 yuan to subscribe for Class C fund shares of the Fund, assuming that the subscription is made in Japan
If the net value of Class C fund units of the Fund is 1.0000 yuan, the subscription units available are:
Subscription shares=100000/1.0000=100000.00
That is, the investor invests 100000 yuan to subscribe for Class C fund units of the Fund, assuming that the subscription is made in Japanese
If the net value of Class C fund units is 1.0000 yuan, they can get Class C fund units of the Fund
100000.00 copies.
3. Calculation of Redemption Fee and Redemption Units
(1) Redemption expenses
1) For Class A fund units of the Fund, the redemption rate is shown in the following table:
Hold Period (N) Redemption Rate
N ＜ 7 days 1.50%
7 days ≤ N ＜ 30 days 0.75%
30 days ≤ N ＜ 180 days 0.50%
N ≥ 180 days 0
Note: The holding period of the redeemed unit shall be calculated from the registration date of the unit in the registration institution.
2) For Class C fund units of the Fund, the redemption rate is shown in the following table:
Hold Period (N) Redemption Rate
N ＜ 7 days 1.50%
7 days ≤ N ＜ 30 days 0.50%
N ≥ 30 days 0
Note: The holding period of the redeemed unit shall be calculated from the registration date of the unit in the registration institution.
3) Redemption expenses shall be borne by the fund unit holders who redeem the corresponding fund units
It is collected when the holder redeems the fund units. For investors whose holding period is less than 30 days, the redemption fee shall be included in full
Fund assets; For investors whose holding period is not less than 30 days but less than 3 months, the total redemption fee will not be less than
75% of the amount shall be included in the fund property; For investors with a holding period of no less than 3 months but less than 6 months
Not less than 50% of the total redemption fee shall be included in the fund property; The part of redemption expenses not included in the fund property is used for
Pay the registration fee and other necessary fees (note: one month is calculated as 30 days).
(2) Calculation of redemption amount
Redemption amount=Redemption units × Net value of such fund units on the redemption date
Redemption fee=redemption amount × redemption rate
Net redemption amount=redemption amount - redemption expense
The above calculation results are rounded to 2 decimal places, and the resulting income
Or the loss shall be borne by the fund property.
For example, an investor redeems 10000 Class A fund units of the Fund for a period of 3 months
The redemption rate should be 0.50%, assuming that the net value of fund units of Class A fund units on the redemption date is
1.0500 yuan, the net redemption amount is:
Redemption amount=10000 × 1.0500=10500.00 yuan
Redemption fee=10500.00 × 0.50%=52.50 yuan
Net redemption amount=10500.00 － 52.50=10447.50 yuan
That is, an investor redeems 10000 Class A fund units of the Fund held for 3 holding periods
Month, assuming that the net value of fund units of Class A fund units on the redemption date is 1.0500 yuan, it can get
The net redemption amount received was 10447.50 yuan.
4. The Fund Manager may adjust the rate or charge within the scope stipulated by laws and regulations and the Fund Contract
Fees, and at the latest before the implementation date of the new rate or charging method
The relevant regulations shall be announced on the specified media.
5. In case of large amount purchase or redemption of the Fund, the Fund Manager may use the swing pricing machine
To ensure the fairness of fund valuation. Specific handling principles and operation specifications shall comply with relevant laws and regulations
And regulations of regulatory authorities and self regulatory rules.
6. The Fund Manager may, without violating the provisions of laws and regulations and the Fund Contract
Under the premise that the Fund Unitholders have no material adverse effects, they shall formulate the fund promotion plan according to the market conditions
Plan to regularly or irregularly carry out fund promotion activities for investors. During the fund promotion, press
The fund manager may appropriately reduce the fund subscription rate and
The fund redemption rate shall be announced.
7、 Refusal or suspension of subscription
In case of the following circumstances, the Fund Manager may refuse or suspend accepting the subscription application of investors:
1. The fund cannot operate normally due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Investor's application for subscription. The assets with more than 50% of the net asset value of the fund on the current valuation date are not available for reference
When there is significant uncertainty in the fair value due to the active market price of and the use of valuation techniques
After consultation and confirmation by the fund custodian, the fund manager shall suspend accepting the application for fund subscription.
3. The trading time of the securities/futures exchange is abnormally closed, which causes the fund manager to be unable to calculate the current day
net value of the fund asset.
4. The Fund Manager's acceptance of one or some subscription applications may affect or damage the holding of existing fund units
When someone has interests.
5. The scale of fund assets is too large, which makes the fund manager unable to find suitable investment varieties, or other
It can have a negative impact on the performance of the fund, or other situations that damage the interests of existing fund share holders occur
Shape.
6. The Fund Manager's acceptance of certain or certain subscription applications may lead to a single investor holding the Fund
The proportion of shares reaches or exceeds 50% of the total number of fund shares, or it may lead to investors' disguised behavior
Avoid the above 50% requirement.
7. The application exceeds the total fund size, the upper limit of net subscription ratio per day, and the single investment set by the fund manager
The upper limit of a single day or single subscription amount of the investor.
8. The abnormal conditions of the fund manager, fund custodian, fund sales agency or registration agency lead to
The gold sales system, fund registration system or fund accounting system cannot operate normally.
9. The fund participates in Hong Kong Stock Connect transactions and the daily limit of Hong Kong Stock Connect transactions is insufficient.
10. Other circumstances specified by laws and regulations or recognized by the CSRC.
The Fund Manager decides to suspend the subscription in any of the above items 1, 2, 3, 5, 8, 9 and 10
When suspending the acceptance of an investor's application for subscription, the fund manager shall publish it on the prescribed media in accordance with the relevant provisions
Suspension of subscription announcement. If the investor's application for subscription is rejected in whole or in part, the rejected subscription amount
The principal will be returned to the investor. When the suspension of subscription is eliminated, the Fund Manager shall resume the subscription in a timely manner
Business handling.
8、 Circumstances of suspending redemption or delaying payment of redemption money
Under the following circumstances, the Fund Manager may suspend accepting the redemption application of investors or postpone the payment of redemption
Repayment:
1. The Fund Manager is unable to pay the redemption amount due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Redemption application of investors or deferred payment of redemption money.
3. The trading time of the securities/futures exchange is abnormally closed, which causes the fund manager to be unable to calculate the current day
net value of the fund asset.
4. Huge redemption occurs for two or more consecutive open days.
5. In the event that continuing to accept the redemption application will damage the interests of existing fund unit holders
The manager may suspend accepting the redemption application of the fund unit holder.
6. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the adoption of valuation techniques still leads to significant uncertainty in the fair value, after consultation with the Fund Custodian
After confirmation, the Fund Manager shall suspend the payment of the redemption amount or the acceptance of the Fund redemption application.
7. Other circumstances specified by laws and regulations or recognized by the CSRC.
In case of any of the above circumstances and the Fund Manager decides to suspend the redemption or postpone the payment of redemption money
The fund manager shall report to the CSRC for filing on the same day. For the confirmed redemption application, the fund manager shall fully
Payment; If the payment cannot be made in full for the time being, the payment can be postponed. In case of the situation described in item 4 above
Handling of relevant terms of the gold contract. When applying for redemption, fund share holders may choose in advance to
The unaccepted part shall be withdrawn. When the suspension of redemption is eliminated, the Fund Manager shall resume redemption in a timely manner
The handling and announcement of return business.
9、 Large amount redemption situation and handling method
1. Recognition of huge redemption
If the application for net redemption of fund units within a single open day of the Fund (the total number of redemption application units plus
After deducting the total number of subscription application units and transfer in application units in fund conversion from the total number of transfer out application units in fund conversion
The balance after the total amount) exceeds 10% of the total fund shares of the previous working day, which means that a huge amount of money has occurred
redeem.
2. Treatment method of huge redemption
In case of a huge redemption of the Fund, the Fund Manager can make a decision based on the current asset portfolio of the Fund
Full redemption, partial postponement of redemption, suspension of redemption or postponement of redemption payment.
(1) Full redemption: when the Fund Manager believes that it is able to pay all redemption applications of investors,
Follow normal redemption procedures.
(2) Partial deferred redemption: when the fund manager thinks that it is difficult to pay the investor's redemption application or
The realization of property for the purpose of paying the redemption application of investors may cause a large impact on the net asset value of the fund
In case of fluctuation, the redemption proportion accepted by the fund manager on the same day shall not be less than 10% of the total fund shares on the previous working day
Under the premise of, the remaining redemption applications can be postponed. Redemption application on the current day shall be based on a single account
The proportion of the redemption application volume of the household in the total redemption application volume, and the redemption units accepted on the current day shall be determined; For failure to redeem
For the return part, the investor can choose to postpone or cancel the redemption when submitting the redemption application. Choose deferred redemption
If it is returned, the part that is not accepted on that day will be automatically transferred to the next open day for further redemption until it is fully redeemed
until; If you choose to cancel the redemption, some redemption applications that have not been accepted on that day will be cancelled. Deferred Redemption
The application shall be processed together with the redemption application on the next business day, and the shares of such fund without priority and on the next business day
The redemption amount is calculated on the basis of the net amount, and so on until the redemption is complete. If the investor submits
No clear choice was made when applying for redemption, and the part that the investor failed to redeem will be automatically postponed for redemption.
(3) If the Fund is redeemed in a large amount and the redemption application of a single fund unit holder within a single open day
If it exceeds 30% of the total fund shares on the previous working day, the fund manager has the right to hold the individual fund shares
If more than 30% of the redemption application is applied for, the application will be postponed, and the remaining redemption of the single fund unit holder will be
The return application and other account redemption applications shall be handled according to the above terms.
After performing appropriate procedures, the Fund Manager has the right to adjust the aforesaid proportions and procedures according to the prevailing market environment
Manage measures and make announcement on the specified media.
(4) Suspension of redemption: massive redemption occurs for more than two consecutive business days (including the number), such as fund management
People can suspend accepting the redemption application of the fund if they think it is necessary; The accepted redemption application can be postponed
The redemption money shall be paid, but the time limit for deferred payment shall not exceed 20 working days, and the payment shall be made on the specified media
Bank announcement.
3. Announcement of massive redemption
In the event of the above-mentioned huge redemption and the postponement of the transaction, the Fund Manager shall send the funds by mail, fax or
In other ways specified in the Prospectus, the Fund Unitholders shall be notified within three trading days, and the relevant measures shall be explained
And publish an announcement on the specified media within 2 days.
10、 Announcement of suspension of subscription or redemption and announcement of reopening subscription or redemption
1. In case of the above suspension of subscription or redemption, the Fund Manager shall specify the media within the specified period
The suspension notice is published on the website.
2. The Fund Manager shall publish the application for reopening of the Fund on the specified media at the latest on the reopening day
Or redemption announcement, and publish the net value of various fund units on the latest valuation day, or
According to the actual situation, the time for reopening subscription or redemption shall be specified in the announcement of suspension, and it may not be issued separately at that time
Announce the reopening.
11、 Fund conversion
The Fund Manager may decide to open the Fund and
For the conversion business between other funds managed by the fund manager, certain conversion may be charged for fund conversion
The relevant rules shall be formulated and consolidated by the fund manager in accordance with relevant laws and regulations and the provisions of the fund contract
And inform the Fund Custodian and relevant institutions in advance.
12、 Non trading transfer of funds
Non transaction transfer of funds refers to the acceptance of inheritance, donation and judicial enforcement by the fund registration authority
Non transaction transfer and registration authority recognition, compliance with relevant laws and regulations, or national authority
Other actions required by the authority. In any of the above circumstances, the owner who accepts the transfer
The entity must be an investor who can hold the fund shares of the Fund according to law or in accordance with relevant laws and regulations or national laws and regulations
The government has the right to deal with it in the way required by the competent authority.
Inheritance refers to the death of the fund unit holder, whose fund units shall be succeeded by his legal successor
Undertaking; Donation means that fund share holders donate their legally held fund shares to welfare funds
Association or social group; Judicial enforcement refers to the holding of fund shares by judicial authorities in accordance with effective judicial documents
The fund units held by a person are forcibly transferred to other natural persons, legal persons or other organizations. Handle non transaction transfer
Relevant materials required by the fund registration authority must be provided. For qualified non transaction transfer applications
It shall be handled in accordance with the provisions of the fund registration authority and charged in accordance with the standards prescribed by the fund registration authority.
13、 Custody transfer of funds
Fund share holders may handle the transfer of custody of their held fund shares between different sales institutions
A gold sales agency may collect the transfer custody fee according to the prescribed standards.
14、 Fixed investment plan
The Fund Manager may handle regular and quota investment plans for investors, and the specific rules shall be determined by the Fund Manager
As otherwise specified. When handling the regular and quota investment plan, the investor can agree on the amount of deduction for each period
The amount of deduction must not be less than the fixed amount specified by the fund manager in the relevant announcement or updated prospectus
Minimum subscription amount of periodic fixed investment plan.
15、 Freezing and unfreezing of fund shares
The fund registration authority only accepts the freezing and unfreezing of fund units required by the competent authorities of the state according to law
And freezing and unfreezing under other circumstances recognized by the registration authority and in compliance with laws and regulations.
If the fund shares are frozen, the rights and interests generated by the frozen part will be frozen together, and the frozen part will remain
And participate in income distribution. Unless otherwise specified by laws and regulations or regulatory authorities.
16、 Transfer of Fund Units
The Fund Manager may accept the Fund Unitholders if permitted by laws and regulations and conditions are met
The application for share transfer through the trading place or trading method recognized by the CSRC shall be submitted by the registration machine
The agency handles the transfer registration of fund units. If the Fund Manager intends to accept the transfer of fund units, it will
Announcement: Fund share holders shall handle the transfer of fund shares in accordance with the business rules announced by the fund manager
Business.
17、 Conversion of fund shares
Upon consensus with the Fund Custodian, the Fund Manager has the right to share the Fund according to market conditions
If the amount is converted, the fund assets held by the fund share holders will remain unchanged before and after the conversion. The fund manager will
The conversion scheme, conversion time and other contents shall be announced 3 working days before the conversion.
18、 If relevant laws and regulations allow the fund manager to handle the pledge business of fund units or other basic funds
For financial business, the fund manager may formulate and implement corresponding business rules.
19、 Subscription and redemption of the Fund during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the subscription and redemption arrangements of the Fund are detailed in "Side pocket" of the Prospectus
Mechanism or relevant announcements.
20、 Without violating relevant laws and regulations and having no material adverse impact on the interests of fund share holders
On the premise that the Fund Manager can make arrangements for the above subscription and redemption and related businesses according to the specific circumstances
It is unnecessary to hold a general meeting of fund share holders to review the supplement and adjustment and make an announcement in advance.
Part IX Investment of the Fund
1、 Investment objectives
By selecting stocks and striving to control portfolio risk, pursue long-term equity
Steady growth.
2、 Investment scope
The investment scope of the Fund is financial instruments with good liquidity, including domestic legal issuance and listing
Shares (including the main board, GEM, science and technology innovation board and other shares permitted by the CSRC to be issued and listed
Notes), depositary receipts, Hong Kong stocks, bonds (including government bonds, local government bonds, and government support
Institutional bonds, financial bonds, corporate bonds, corporate bonds, central bank notes, medium-term notes, short-term financing bonds, ultra short
Long term financing bonds, convertible bonds, exchangeable bonds, publicly issued subordinated bonds, and separately traded convertible bonds
Pure debt), asset-backed securities, bond repurchase, bank deposits, interbank deposit receipts, cash, derivatives
With (including treasury bond futures, stock index futures, stock options), credit derivatives (excluding contractual credit derivatives)
Raw products) and other financial instruments permitted by laws and regulations or the CSRC to be invested by the fund (subject to
Relevant regulations of the CSRC).
The Fund will participate in financing business in accordance with laws and regulations.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager shall perform the following duties:
After the procedure, it can be included in the scope of investment.
The proportion of the Fund's investment portfolio is:
The investment proportion of stocks and depositary receipts in the Fund's investment portfolio is 60% - 95% of the Fund's assets; investment
The proportion of stock investment in Hong Kong Stock Connect shall not exceed 50% of all stock assets and depositary receipts; Each transaction
At the end of the day, after deducting the trading deposits required to be paid for stock index futures, treasury bond futures and stock option contracts
Cash holdings (excluding settlement provisions, deposits, subscription receivables, etc.) or maturity within one year
The total investment proportion of government bonds within 5% shall not be less than 5% of the net asset value of the fund; Stock options, stock index period
The investment proportion of commodities, treasury bond futures and other financial instruments shall be subject to laws and regulations or the provisions of the regulatory authority
that 's ok.
If laws and regulations or regulatory authorities change the investment proportion limit of investment varieties, the fund manager will
After proper procedures are followed, the investment proportion of the above investment varieties can be adjusted.
3、 Investment strategy
1. Allocation strategy of major categories of assets
The Fund mainly adopts the top-down analysis method to allocate major categories of assets and determine stocks and bonds
Investment proportion of bonds, cash and other assets, focusing on tracking macroeconomic data (including GDP growth rate
Industrial added value, PPI, CPI, changes in market interest rates, import and export trade data, etc.) and changes in policy environment
Trend to make forward-looking strategic judgments.
2. Stock investment strategy
(1) A-share selection strategy
Through the combination of active management and quantitative stock selection, the Fund has a high ROE in A-share market
And stable high-quality stocks, and try to avoid tail risk.
In terms of active management, the Fund will comprehensively consider the core business competitiveness of the Company and the pre industry development
Scenery, market position, profitability, financial leverage, growth ability and other factors, selected high profitability
Listed companies with strong profitability sustainability, abundant cash flow and growth.
In terms of quantitative stock selection, the Fund will adhere to the concept of combining fundamental and systematic investment
The quantitative model screened the industry leaders with high and stable ROE in the past; Based on the long-term back test of A-share market
Based on research, driven by data information, combined with forward-looking market judgment, the selected products have a high future
Stocks with high ROE probability. At the same time, closely track financial statement information and stock price performance, and dynamically adjust
Stock pool to avoid tail risk to the maximum extent.
(2) Stock investment strategy of Hong Kong Stock General Standard
The Fund may invest in Hong Kong through the Hong Kong Stock Connect mechanism within the scope of trading allowed under the Hong Kong Stock Connect mechanism
Stock listed on the Stock Exchange. For Hong Kong stocks, the Fund mainly adopts "bottom-up" individual stocks
The combination of research and quantitative model selects high-quality targets with high and stable ROE.
Qualitatively, the Fund's screening dimensions mainly include: corporate governance structure and management (example
For example: scientific governance structure, excellent management, clear business model and business strategy)
Industry position and core competitive advantage (such as product advantage, cost advantage, technical advantage and pricing ability)
Strength), the company's performance (such as: stable and sustainable performance, and the ability to achieve sustained growth in the medium and long term
Force).
In terms of quantitative analysis, the Fund will select investments with
Potential individual stocks, evaluation indicators include but are not limited to net profit, return on net assets, operating cash flow, etc
Profit indicators, growth rate of main business income, growth rate of main business profit and other growth indicators.
(3) For the investment of depositary receipts, the Fund will, according to the shares listed and traded in China
The combination of analysis and quantitative analysis selects high-quality listed companies, and avoids deposit
The vouchers may have negative effects due to differences in trading rules, governance structure of listed companies, etc.
3. Bond investment strategy
The Fund examines the change trend of bond market yield caused by domestic macroeconomic quality cycle, and adopts
Take interest rate expectation, duration management, yield curve strategy and other active investment strategies to strive for higher than performance
The return on the baseline.
4. Convertible bond and deliverable bond investment strategy
The Fund will invest in convertible bonds and deliverable bonds in a subjective and quantitative way
The Fund will carry out fundamental analysis on the stocks corresponding to all convertible bonds, specifically quantitative analysis
The combination of analysis and qualitative analysis, including the equity fundamentals, conversion premium rate and pure debt premium
Rate, credit risk, liquidity and other comprehensive factors to judge the bond investment value. Exchangeable bonds and convertible bonds
The difference between bonds is that the shares exchanged during the exchange period are not newly issued shares, but held by the issuer
Some shares of other listed companies. Exchangeable bonds also have equity and debt properties, including debt and convertibility
The same for bonds, that is, choose to hold exchangeable bonds to maturity to obtain the nominal value and interest; And right
The analysis of the equity nature needs to focus on the stock value of the target company, and the analysis of the investment value of the target company's stock
And the pure bond value analysis of exchangeable bonds. In terms of quantification, the Fund adopts
Based on the long-term back testing research on China's convertible bond and exchangeable bond markets, the quantitative model is used to
Quantitative methods and data-driven information are used as driving tools, combined with the fundamental data of positive shares, and refined through quantitative models
Choose a coupon.
5. Trading strategy of stock index futures
The Fund's participation in the stock index futures trading will be based on the principle of risk management, with the purpose of hedging
We should choose stock index futures contracts with good liquidity and active trading. The Fund strives to use the leverage of stock index futures
Function to reduce the transaction cost of frequent stock position adjustment.
6. Asset backed securities investment strategy
The Fund tracks, inspects and analyzes asset support through the structure and quality of asset pool of asset-backed securities
The impact of changes in the terms of issuance of securities and the estimated prepayment rate on the future cash flow of asset-backed securities
Be cautious in investing in asset-backed securities.
7. Trading strategy of treasury bond futures
As one of the interest rate derivatives, treasury bond futures can help manage the duration, liquidity and
Risk level. The Fund Manager will, in accordance with the provisions of relevant laws and regulations and the principle of risk management
For the purpose of hedging, and in combination with the judgment of macroeconomic situation and policy trend
Qualitative and quantitative analysis. Build a quantitative analysis system to analyze the basis between treasury bond futures and spot
Liquidity, fluctuation level, hedging effectiveness and other indicators shall be tracked and monitored.
8. Stock Option Investment Strategy
The Fund will, in accordance with the principle of risk management, take hedging as the main purpose to participate in stock options
investment. The Fund will select options with good liquidity and active trading on the premise of effective risk control
About investment. The Fund will select
Select option contracts with reasonable valuation.
The Fund Manager will establish a stock option trading decision-making department or group based on the principle of prudence
It is required to do a good job in personnel training to ensure that personnel in core positions such as investment and risk control have stock option business
Knowledge and corresponding professional ability, and authorize specific management personnel to be responsible for the investment approval of stock options
To prevent the risk of option investment.
9. Credit derivatives investment strategy
The Fund participates in credit derivatives transactions for the purpose of risk hedging in accordance with risk management principles. book
The Fund will prudently carry out credit derivatives investment according to the investment strategy of its target bonds and other fixed income varieties
And reasonably determine the investment amount and term of credit derivatives. At the same time, the Fund will strengthen its investment
Risk management of counterparties and originators of credit derivatives, and reasonable dispersion of counterparties and originators
Concentration of institutions, financial status, solvency and leverage of counterparties and founding institutions
Conduct necessary due diligence and strict access management.
10. Financing and investment strategy
The Fund will participate in the financing business in accordance with the principle of risk management, within the scope permitted by laws and regulations
Under the premise of being within the proportion and controllable risk, in line with the principle of prudence, participate in financing business, and effectively prevent and control
To control risks and effectively safeguard the safety of fund assets and the legitimate rights and interests of fund share holders.
4、 Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The investment proportion of stocks and depositary receipts in the Fund's investment portfolio is 60% - 95% of the Fund's assets;
The proportion of investment in shares of Hong Kong Stock Standard shall not exceed 50% of all stock assets and depositary receipts;
(2) At the end of each trading day, after deducting stock index futures, treasury bond futures and stock option contracts
After the transaction margin of, maintain cash (excluding the settlement reserve, deposit margin and subscription receivable
Or the total investment proportion of government bonds with maturity date less than one year is not less than the net asset value of the fund
5%；
(3) The Fund holds the market value of securities issued by a company (the same company in the Mainland and Hong Kong
A+H shares listed at the same time) shall not exceed 10% of the net asset value of the fund;
(4) All funds managed by the Fund Manager hold securities issued by one company (the same company
The total amount of A+H shares listed in both the mainland and Hong Kong shall not exceed 10% of the securities
The types of funds that invest in securities with respect to the composition ratio of the index may not be subject to the proportion limit specified in this article;
(5) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10% of the net asset value of the Fund;
(6) The market value of all asset-backed securities held by the Fund shall not exceed the net asset value of the Fund
20％；
(7) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
10% of the size of the asset-backed securities;
(8) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(9) The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB).
During the period when the Fund holds asset-backed securities, if its credit rating declines and it no longer meets the investment standards, it shall
All the rating reports shall be sold within 3 months from the date of release;
(10) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the amount of
Total assets, the number of shares declared by the Fund shall not exceed the total number of shares issued this time by the company to be issued
Quantity;
(11) The Fund shall not hold credit derivatives with the attribute of credit protection seller, and shall not hold contracts
For credit derivatives, the nominal principal of credit derivatives held shall not exceed the face of the Fund's corresponding protected bonds
100% of the value;
(12) Total nominal principal of various credit derivatives invested by the Fund in the same credit protection seller
Shall not exceed 10% of the net asset value of the Fund;
Due to fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size and other fund managers
If the fund does not comply with the proportion limit specified in (11) and (12) above due to other factors, the fund manager
It shall be adjusted within 3 months;
(13) All open-ended funds managed by the Fund Manager (including open-ended funds and open funds
The holding of tradable shares issued by a listed company shall not exceed that of the listed company
15% of the outstanding shares; All investment portfolios managed by the Fund Manager are issued by a listed company
Of the tradable shares of the listed company shall not exceed 30% of the tradable shares of the listed company; In full accordance with the
Open ended funds with a proportion of securities investment and special investment portfolios recognized by the CSRC may not
Subject to the foregoing proportion;
(14) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net assets of the Fund
15% of the value; Fund managers due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size, etc
If the fund does not meet the limit of this proportion due to other factors, the fund manager shall not actively increase the liquidity subject to
Investment limited to assets;
(15) The Fund deals with private securities asset management products and other entities recognized by the CSRC
If the counterparty carries out reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment agreed in the fund contract
Consistent scope;
(16) If the Fund participates in the trading of treasury bond futures and stock index futures, it shall comply with the following investment proportion limits
Prepared by:
1) At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed
10% of net asset value;
2) At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not exceed
15% of net asset value;
3) At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed that of the Fund
20% of the total market value of the shares held;
4) At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed that of the Fund
30% of the total market value of bonds held;
5) The transaction amount of stock index futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 20% of the net asset value of the Fund on the previous trading day;
6) Transaction amount of treasury bond futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 30% of the net asset value of the Fund on the previous trading day;
7) At the end of any trading day, the value of treasury bond futures and stock index futures contracts held by the Fund
The sum of the market value of securities shall not exceed 95% of the net asset value of the fund, of which securities refer to stocks and bonds
Securities (excluding government bonds with maturity of less than one year), asset-backed securities, redemptory financial assets for sale
(excluding pledge repurchase), etc;
8) The market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold, total (netting
Calculation) shall comply with the relevant provisions of the fund contract on the proportion of stock investment;
(17) If the Fund participates in stock option trading, it shall comply with the following investment proportion restrictions:
1) The total amount of premium paid and received by the Fund due to open position option contracts shall not exceed the fund assets
10% of net worth;
2) Where the Fund opens positions to sell call options, it shall hold sufficient underlying securities; Open put option
Should hold the full amount of cash required for the exercise of the contract or the offsetting option margin recognized by the rules of the Exchange
Cash equivalents;
3) The par value of the option contracts with open positions of the Fund shall not exceed 20% of the net asset value of the Fund. Wherein
The nominal value is calculated by multiplying the exercise price by the contract multiplier;
(18) If the Fund participates in financing, at the end of each trading day, the financing stocks held by the Fund
The sum of market value and other securities shall not exceed 95% of the net asset value of the fund;
(19) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund;
(20) The proportion limit of the Fund's investment in depositary receipts shall be subject to the mainland listed stocks, and
Consolidated calculation of shares listed and traded in the mainland;
(21) Other investment restrictions stipulated by laws and regulations, the CSRC and the fund contract.
Except for (2), (9), (11), (12), (14) and (15) above
The fluctuation of the securities/futures market, the merger of securities issuers, changes in fund size and other factors outside the fund manager
The Fund Manager shall, within 10 trading days
Adjustment shall be made, except for special circumstances stipulated by the CSRC. Where laws and regulations provide otherwise, such provisions shall prevail
Definitely.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall conform to
Agreement of the mutual fund contract. The Fund Custodian's supervision and inspection of the Fund's investment has taken effect since the Fund Agreement came into force
Starting from.
Laws and regulations or regulatory authorities cancel or adjust the above restrictions. If applicable to the Fund, the Fund Manager
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or in accordance with the adjusted provisions.
2. Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities
Active:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by international controllers or companies with other major interests or certificates underwritten during the underwriting period
Securities, or other major related party transactions, shall comply with the investment objectives and investment strategies of the Fund
Follow the principle of giving priority to the interests of fund share holders, prevent conflicts of interest, establish and improve the internal approval mechanism and evaluation
The appraisal mechanism shall be implemented according to the fair and reasonable price in the market. Relevant transactions must be approved by the Fund Custodian in advance
And shall be disclosed in accordance with laws and regulations. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review, and
It has been approved by more than two-thirds of the independent directors. The Board of Directors of the Fund Manager shall pay at least half a year
Easy to review.
Laws, administrative regulations or regulatory authorities cancel or adjust the above prohibitive provisions, if applicable to the Base
After performing appropriate procedures, the Fund may not be restricted by the above provisions or subject to the changed provisions
And no general meeting of fund share holders is required for such matters.
5、 Performance Benchmark
Yield of CSI 800 Index × 80%+yield of CSI Hong Kong Stock Connect Composite Index (RMB) × 10%+Bank
Bank current deposit interest rate (after tax) × 10%
The CSI 800 Index is a unified index of China's A-share market developed by CSI Index Co., Ltd
The sample is selected from Shanghai and Shenzhen stock markets. The constituent stocks of CSI 800 Index cover CSI 500 and CSI 300
All constituent stocks of, comprehensively reflect the overall situation of large, medium and small companies with market capitalization in the Shanghai and Shenzhen securities markets
It shall be authoritative and suitable as the benchmark of the Fund's stock investment performance. China Securities Hong Kong Stock Connect Composite Index (person
RMB) reflects the overall situation and trend of listed companies within the scope of Hong Kong Stock Connect. The interest rate of bank current deposit is determined by
The People's Bank of China announced that if the current deposit interest rate or interest tax is adjusted, the new performance comparison base
Brigadier General shall take effect from the date of adjustment.
If the laws and regulations change in the future, or there are other more representative or scientific securities markets
When the objective performance comparison benchmark is applicable to the Fund, the Fund Manager may maintain the fund share holding
According to the principle of legitimate rights and interests of some people, the performance benchmark shall be adjusted accordingly according to the actual situation. Adjust performance
The benchmark shall be agreed by the Fund Custodian. The Fund Manager shall, prior to the implementation of the adjustment
The provisions of the Law shall be announced on the specified media.
6、 Investment Decision
1. Basis for investment decision
The investment decision basis includes: relevant national laws, regulations, rules and relevant provisions of the fund contract;
Macroeconomic development trend and micro enterprise operation trend; Securities market trend.
2. Investment decision-making principles
Legal compliance, confidentiality, loyalty to customers, separation of assets, separation of responsibilities, prudent investment, fair trade
And strict control.
3. Investment decision-making mechanism
The main investment organizations of the Fund include the Investment Decision making Committee, the head of the Investment Strategy Group
The investment process of the fund manager, research department and central trading office must be supervised by the risk management department and the supervision and audit department
Supervise technical support from Information Technology Department and Fund Operation Department.
Among them, the Investment Decision making Committee, as the highest organization for fund investment decisions of the company
Make decisions on major issues and make modifications when necessary.
The head of the investment strategy group is responsible for the investment strategy and internal and external communication within the strategy group, and monitoring
Review the investment performance and strategic risks of the Fund's assets.
The fund manager shall, in accordance with the principles and resolution spirit of the investment decision-making committee, combine the securities pool and relevant research
Report, be responsible for the construction and daily management of the investment portfolio, issue investment instructions to the Central Trading Office and monitor the team
Close position.
4. Investment decision-making procedure
The Fund establishes sound investment decisions by clarifying the investment decision-making authority of different levels of decision-making subjects
Policy system and investment operation process:
(1) Investment decision-making committee meeting: presided over by the chairman of the investment decision-making committee
The policy, performance and risk status, fund investment authorization plan and other major investment decisions were deepened
Analyze, discuss and make decisions.
(2) On the basis of external research results, the Research Department conducts independent internal research at the same time.
(3) Fund manager's research support in the Research Department according to the authorization of the Investment Decision making Committee and the resolution of the meeting
Next, we will draw up an investment plan and make portfolio construction or adjustment. In the process of combination construction and adjustment
The fund manager must strictly comply with the investment restrictions and other requirements of the fund contract.
(4) The Central Trading Office is responsible for implementing the investment instructions of the fund manager in accordance with the relevant systems and processes, and is responsible for
Front line risk monitoring responsibilities.
5. Risk analysis and performance evaluation
The Research Department is responsible for regular and irregular analysis of the achievement of investment objectives, performance attribution and tracking errors
In terms of sources, we will evaluate the investment performance of the Fund and provide relevant reports. Fund managers can
Evaluate the investment strategy, and then adjust the investment portfolio.
6. Combination monitoring and adjustment
The fund manager will track the macroeconomic conditions and development expectations as well as the development and changes of the securities market
The current cash flow of fund purchase and redemption, as well as the results of portfolio risk and performance evaluation
The asset portfolio is monitored and adjusted.
7、 Risk return characteristics
The Fund is a hybrid fund, whose expected return and expected risk level are higher than those of bond funds and currencies
Market funds, but lower than equity funds. If the Fund invests in Hong Kong stocks, it shall also undertake Hong Kong stocks
Special wind brought by differences in investment environment, investment object, market system and trading rules under the general mechanism
Insurance.
8、 Principles and methods for the Fund Manager to exercise the rights of shareholders or creditors on behalf of the Fund
1. The Fund Manager shall independently exercise the rights of shareholders or creditors on behalf of the Fund in accordance with the relevant provisions of the State, and ensure that
Protect the interests of fund share holders;
2. Do not seek to control the listed company or participate in the operation and management of the invested listed company;
3. It is conducive to the safety and appreciation of fund assets;
4. Not for itself, employees, authorized agents or any interested third party through connected transactions
People seek any improper benefits.
9、 Implementation and investment operation arrangement of side pocket mechanism
When the fund holds specific assets and there are or potential large redemption applications, according to the maximum protection basis
The Fund Manager and the Fund Custodian have reached an agreement on the principle of the interests of the gold share holders and consulted the accountant
After the opinion of the accounting firm, the side pocket mechanism can be used in accordance with laws and regulations and the fund contract.
During the implementation of the side pocket mechanism, the agreed portfolio proportion, investment strategy, portfolio restrictions
The performance benchmark, risk return characteristics and other agreements are only applicable to the main bag account.
Implementation conditions, implementation procedures, operation arrangements, investment arrangements and disposal of specific assets of side pocket accounts
See the "Side Pocket Mechanism" section of the Prospectus for details of matters such as realization and payment that have a significant impact on investors' rights and interests
Points.
Part X Assets of the Fund
1、 Total Fund Assets
The total value of fund assets refers to the value of various securities and notes, futures contracts, banks owned by the fund
The sum of the principal and interest of deposits, the funds receivable for subscription and the value of other investments.
2、 Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
3、 Account of fund property
The Fund Custodian shall open capital accounts and securities for the Fund in accordance with relevant laws, regulations and normative documents
Account and other special accounts required for investment. Special fund account opened with fund manager and fund
Property accounts owned by the custodian, fund sales agency and fund registration agency and other fund property accounts
Independent of each other.
4、 Custody and disposal of fund assets
The assets of the Fund are independent of the assets of the Fund Manager, the Fund Custodian and the Fund Sales Agency, and
Custody of the Fund Custodian. The Fund Manager, the Fund Custodian, the Fund Registration Agency and the Fund Sales Agency shall
Its own property shall bear its own legal liability, and its creditors shall not apply for freezing of the Fund's property
To settle, detain or other rights. The Fund assets shall not be disposed of in accordance with laws, regulations and the Fund Contract
Be punished.
The Fund Manager and the Fund Custodian are dissolved, canceled or declared bankrupt according to law
In case of liquidation for reasons, the fund assets shall not belong to its liquidation assets. Fund manager manages and operates fund assets
The creditor's rights generated shall not offset the debts generated from its inherent assets; Fund manager management and operation
The creditor's rights and debts arising from the fund assets of different funds shall not offset each other. Not due to the fund property itself
Shall not be enforced against the fund assets.
Part XI Valuation of Fund Assets
1、 Valuation date
The valuation date of the Fund is the trading date of the relevant securities and futures trading places of the Fund and national laws
The non trading day on which the laws and regulations require the disclosure of the net value of the fund.
2、 Valuation object
Stocks, treasury bond futures contracts, stock index futures contracts, stock option contracts, bonds owned by the Fund
And bank deposit principal and interest, receivables, credit derivatives, asset-backed securities, other investments and other assets
liabilities.
3、 Valuation principles
When determining the fair value of relevant financial assets and financial liabilities, the Fund Manager shall comply with the requirements of the Enterprise
Accounting Standards and relevant regulations of regulatory authorities.
（1） For the investment varieties with active market and the same quoted price of assets or liabilities, they are under evaluation
If there is a quotation on the duty day, the quotation shall be applied to
The fair value measurement of the asset or liability. There is no quotation on the valuation date and there is no impact on fairness after the latest transaction date
For major events measured by value, the quoted price on the latest trading day shall be used to determine the fair value. Sufficient evidence
If it indicates that the quotation on the valuation date or the latest trading day cannot truly reflect the fair value, the quotation shall be adjusted
The fair value shall be determined.
The fair value of the same assets or liabilities shall be used if they are the same as the above investment varieties but have different characteristics
Value, and consider the influence of different characteristic factors in the valuation technology. Characteristic refers to the sale of assets or
Restrictions on use, etc. If the restrictions are for asset holders, then the
Limitations are considered as characteristics. In addition, the fund manager should not consider that due to its large holding of relevant assets or liabilities
The resulting premium or discount.
（2） For investment varieties that do not have an active market, they should be suitable and sufficient for the current situation
The fair value can be determined by valuation techniques supported by data and other information. Using valuation techniques to determine the company
When the allowable value is available, the observable input value should be used preferentially. Only when the relevant assets or liabilities cannot be obtained, can they be observed
The unobservable input value can be used only when the input value or acquisition is impractical.
（3） In case of major changes in the economic environment or major events affecting the securities price of the securities issuer
If the impact of the potential valuation adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%
Adjust the valuation and determine the fair value.
4、 Valuation method
1. Valuation of securities listed on stock exchanges
(1) Securities (including stocks, etc.) listed on the stock exchange shall be listed on the stock exchange on the valuation date
Valuation of the market price (closing price) of the card; There is no transaction on the valuation date, and the economic environment has not occurred since the most recent transaction date
In case of major changes or no major event affecting the securities price occurs to the securities issuer
Market price (closing price) valuation; If the economic environment has changed significantly or the securities issuer has
In case of major events affecting the securities price, the current market price and major changes of similar investment varieties can be referred to
Adjust the market price of the latest transaction and determine the fair price;
(2) Fixed income varieties listed or transferred by the Exchange (unless otherwise specified in the fund contract
), select the net valuation price of the corresponding varieties provided by the third-party valuation agency on the valuation date for valuation,
The specific valuation institution shall be separately agreed by the Fund Manager and the Fund Custodian through consultation;
(3) The full valuation price of convertible bonds listed and traded on the Exchange shall be the daily closing price;
(4) For the securities listed on the exchange that do not have an active market, the fair price is determined by valuation techniques
Value. For asset-backed securities listed on the Exchange, the valuation provided by a third-party valuation agency on the valuation date is selected
Value at net price;
(5) For unlisted or unlisted bonds issued in the exchange market
Under such circumstances, the unadjusted quotation in the active market shall be taken as the fair value on the valuation date; For active markets
If the market quotation fails to represent the fair value on the valuation date, the market quotation shall be adjusted to confirm the valuation
The fair value on the date; Valuation techniques should be used when there are no or few market activities
To determine its fair value.
2. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The new shares issued for stock dividend, conversion, allotment and public issuance shall be listed on the stock exchange on the valuation date
The valuation method of the same stock; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for evaluation
Value;
(2) For the initial public offering of unlisted stocks and bonds, the fair value shall be determined using valuation techniques
If it is difficult to reliably measure the fair value by valuation technology, the valuation shall be carried out at cost;
(3) Shares with a certain period of restricted sale period specified at the time of issuance, including but not limited to non-public shares
Tickets, the company's shareholders' public offering of shares during the initial public offering, and the limited sales obtained through block trading
Stocks in the period, excluding tradable restricted stocks such as suspended shares, newly issued unlisted shares, pledged bonds in repurchase transactions
The fair value shall be determined according to the relevant regulations of the regulatory authority or industry association.
3. For fixed income varieties such as bonds and asset-backed securities traded in the national inter-bank bond market
Net valuation provided by third-party valuation agencies; Unlisted in the inter-bank market and third-party valuation agencies
Fixed income varieties such as bonds and asset-backed securities that do not provide valuation prices are valued at cost.
4. Where the same bond or stock is traded in two or more markets at the same time
The market is valued separately.
5. The stock index futures, treasury bond futures and stock option contracts held by the Fund are generally
Valuation of settlement price. There is no settlement price on the valuation date, and the economic environment has not changed significantly since the most recent trading day
The settlement price on the latest trading day shall be used for valuation.
6. Time deposits or call deposits held by banks are listed as principal, and interest is accrued daily at the corresponding interest rate
Interest.
7. If the exchange rate between Hong Kong dollar and RMB is involved in the valuation calculation, the People's Bank of China shall
Or the central parity rate of RMB exchange rate published by its authorized institution. If the current valuation exchange rate of the Fund is no longer published
Or there is a major change, or there is a more fair and more suitable valuation exchange rate for the Fund in the market
The Manager and the Fund Custodian can adjust the valuation exchange rate of the Fund according to the actual situation after reaching an agreement
Convene a general meeting of fund share holders.
8. Credit derivatives are valued according to the valuation price of the day provided by the third-party valuation agency, but the fund management
The valuation responsibility that the manager should bear according to law is not exempted by the entrustment; The selected third-party valuation agency did not provide
The valuation price shall be determined by reasonable valuation techniques in accordance with relevant laws and regulations and the requirements of the Accounting Standards for Business Enterprises
Determine fair value.
9. The valuation of the Fund's investment in depositary receipts shall be calculated in accordance with the shares listed and traded in the Mainland.
10. The interbank deposit receipt is valued at the net valuation price provided by the third-party valuation agency on the valuation date; Selected third
If no valuation price is provided by the valuation agency, it shall be valued at cost.
11. If there is conclusive evidence that the above method of valuation cannot objectively reflect its fair value,
The Fund Manager may, after consultation with the Fund Custodian according to the specific circumstances, determine the price that best reflects the fair value
Valuation.
12. In case of large purchase or redemption, the fund manager can adopt the swing pricing mechanism,
To ensure the fairness of fund valuation.
13. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there is anything new
The valuation is based on the latest national regulations.
If the fund manager or the fund custodian finds that the fund valuation violates the valuation method specified in the fund contract
If the procedures and relevant laws and regulations fail to fully protect the interests of fund share holders
Inform the other party, find out the reason together, and the two parties will solve it through consultation.
According to relevant laws and regulations, the obligation of calculating the net asset value of the fund and accounting of the fund is managed by the fund
People bear. The Fund Manager shall be responsible for the accounting of the Fund, and the Fund Custodian shall be responsible for the review
Therefore, if the accounting issues related to the Fund are fully discussed by the relevant parties on an equal basis
After that, no consensus can be reached, and the fund manager's calculation results of the fund's net value information should be followed
To be published.
5、 Valuation procedures
1. The net value of fund units of all types of fund units is based on
Is calculated by dividing the net asset value of the fund by the balance of such fund units on the current day, which is accurate to 0.0001 yuan,
The fifth digit after the decimal point shall be rounded off, and the resulting error shall be included in the fund assets. Under special circumstances, the fund
The Manager may negotiate with the Fund Custodian and the registration institution to increase the number of calculation digits of the net value of fund units to maintain the
Financial investors' interests. The fund manager can set up an emergency adjustment machine for net value accuracy in the case of large redemption
System. If the state has other provisions, such provisions shall prevail. Class A fund units and Class C fund units of the Fund will be
Calculate the net value of fund units.
The fund manager calculates the net asset value of the fund and the net fund share value of various fund shares on each valuation date
Value, and publish as required.
2. The Fund Manager shall value the assets of the Fund on each valuation date. However, according to laws and regulations, the Fund Manager
Or the suspension of valuation under the fund contract. Fund Manager's valuation of fund assets on each valuation date
After that, the net value results of fund units of various fund units will be sent to the fund custodian for review
If there is no error, the Fund Manager shall publish it to the public as agreed.
6、 Handling of valuation errors
The Fund Manager and the Fund Custodian will take necessary, appropriate and reasonable measures to ensure the valuation of the Fund assets
The accuracy and timeliness of the value. When the net value of fund units (including the net value of fund units of all types of fund units
Same) If the valuation error occurs within 4 digits after the decimal point (including the fourth digit), it shall be deemed as the net value of fund units is wrong
False.
The parties to the fund contract shall deal with it in accordance with the following provisions:
1. Type of valuation error
During the operation of the Fund, if the Fund Manager or the Fund Custodian, or the registration authority, or
Where the error in valuation is caused by the fault of the sales agency or the investor itself, causing losses to other parties,
The person responsible for the fault shall be liable for the direct loss of the party suffering losses due to the valuation error ("the injured party")
If it fails to comply with the following "Principles for Handling Valuation Errors", it shall be compensated and liable for compensation.
The main types of the above valuation errors include but are not limited to: data declaration errors, data transmission errors
Data calculation error, system failure error, order issuing error, etc.
2. Principles for handling valuation errors
(1) When the valuation error has occurred, but has not caused losses to the parties, the party responsible for the valuation error shall
Coordinate all parties to correct in a timely manner, and the costs arising from the correction of valuation errors shall be borne by the party responsible for the valuation errors
Dan; Loss caused to the parties due to the failure of the responsible party to timely correct the valuation errors that have occurred
The party responsible for the valuation error shall be liable for the direct loss; If the responsible party for the valuation error has been active
And the party who has the obligation to assist has enough time to make corrections but fails to make corrections, it shall
And bear corresponding liability for compensation. The party responsible for the valuation error shall confirm the correction to the relevant parties
Insurance valuation errors have been corrected.
(2) The party responsible for the valuation error shall be responsible for the direct losses of the relevant parties, not for the indirect losses
And is only responsible for the direct parties involved in the valuation error, not the third party.
(3) The party who has obtained the unjust enrichment due to the valuation error has the obligation to return the unjust enrichment in a timely manner.
However, the party responsible for the valuation error shall still be responsible for the valuation error. If the party who has obtained improper benefits does not return
The loss of interests of other parties caused by returning or not returning all the unjust enrichment ("the injured party"), then the valuation
The party responsible for the error shall compensate the loss of the injured party, and shall, within the scope of the amount of compensation paid
The benefited party has the right to demand the delivery of unjust enrichment; If the party obtaining the unjust enrichment has
If the unjust enrichment is returned to the injured party, the injured party shall add the amount of compensation it has already received
The difference between the total of the returned unjust enrichment and the actual loss shall be paid to the valuation error liability
Fang.
(4) Valuation error adjustment adopts the method of recovering to the correct situation assuming no valuation error
Formula.
3. Valuation error handling procedure
After the valuation error is found, the relevant parties shall deal with it in a timely manner, and the handling procedures are as follows:
(1) Find out the causes of valuation errors, list all parties involved, and
Determine the responsible party for the valuation error;
(2) Losses caused by valuation errors according to the principle of handling valuation errors or the method negotiated by the parties
Conduct evaluation;
(3) According to the principle of handling valuation errors or the method negotiated by the parties concerned, the party responsible for valuation errors shall
Correction and compensation of losses;
(4) If it is necessary to modify the transaction data of the fund registration agency according to the method of handling valuation errors
The gold registration authority shall make corrections and confirm the correction of valuation errors to the relevant parties.
4. The method for handling errors in the valuation of the net value of fund units is as follows:
(1) In case of any error in the calculation of the net value of fund units, the fund manager shall immediately correct it and notify
The Fund Custodian shall take reasonable measures to prevent further expansion of losses.
(2) When the error deviation reaches 0.25% of the net value of fund units, the fund manager shall notify the fund trust
And report to the CSRC for filing; When the error deviation reaches 0.5% of the net value of fund units, the fund manager
It shall be announced and reported to the CSRC for record.
(3) When the calculation error of the net value of fund units causes losses to the funds and fund unit holders
In case of compensation, the Fund Manager and the Fund Custodian shall define the responsibilities undertaken by both parties according to the actual situation
After recognition, compensation shall be made according to the following terms:
① The Fund Manager shall be responsible for the accounting of the Fund
If the two parties cannot reach an agreement after full discussion on the basis of equality
It is recommended to implement. The Fund Manager shall be responsible for the losses caused to the Fund Unitholders and the Fund property
Compensation.
② If the net value of the Fund units calculated by the Fund Manager has been reviewed and confirmed by the Fund Custodian and announced
If this causes losses to fund share holders, they shall pay to investors or funds in accordance with laws and regulations
As for the compensation actually paid to investors or funds, the Fund Manager and the Fund Custodian shall
Respectively bear corresponding responsibilities according to the degree of fault.
③ For example, the calculation results of the fund manager and the fund custodian on the net value of fund units, although repeated
Calculate and check. If no agreement can be reached, in order to avoid failing to publish the net value of fund units on time,
Losses caused to fund share holders and the fund by publishing the calculation results of the fund manager to the public
In case of loss, the fund manager shall be responsible for compensation.
④ Due to the information error provided by the fund manager (including but not limited to the fund purchase or redemption amount
And so on), resulting in the calculation error of the net value of fund units
The loss shall be compensated by the fund manager.
(4) If the above contents are otherwise stipulated by laws and regulations or regulatory authorities, their provisions shall prevail. If the industry
In other general practice, the Fund Manager and the Fund Custodian shall act on the basis of equality and protect the interests of fund share holders
The principle of benefit shall be consulted. At the same time, the Fund Manager and the Fund Custodian shall actively take necessary measures
Eliminate or mitigate the impact caused thereby.
7、 Suspension of valuation
1. The securities/futures trading market involved in the fund investment is suspended on statutory holidays or for other reasons
Business hours;
2. The Fund Manager and the Fund Custodian are unable to accurately evaluate the Fund due to force majeure or other circumstances
The asset value;
3. When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date
After confirmation, the Fund Manager shall suspend the valuation;
4. Other circumstances stipulated by laws and regulations, recognized by the CSRC and the fund contract.
8、 Recognition of net fund value
The net asset value of the fund used for fund information disclosure and the net value of fund units of various fund units are determined by the fund
The Manager is responsible for calculation and the Fund Custodian is responsible for review. The Fund Manager shall trade on each valuation date
After the end of the day, calculate the net value of the fund assets and the net value of the fund units of various fund units and send them to the fund
Custodian. The fund custodian shall review and confirm the net value calculation result and send it to the fund manager, which shall be managed by the fund
The Manager shall publish the net value of the Fund as agreed.
9、 Handling of special cases
1. When the Fund Manager or the Fund Custodian conducts valuation according to Item 11 of the valuation method
Errors shall not be treated as errors in fund asset valuation.
2. Due to force majeure, or due to securities/futures exchanges, registration and clearing companies, securities
Non fund management such as data errors sent by third-party institutions such as disciplinary institutions, futures brokerage institutions and deposit banks
The Fund Manager and the Fund Custodian have taken necessary, appropriate and cooperative measures
Check with reasonable measures, but no error is found, or even if an error is found, it cannot be changed in time due to the above reasons
Yes, the Fund Manager and the Fund Custodian will be exempted from compensation for the resulting valuation error of the Fund assets
Ren. However, the Fund Manager and the Fund Custodian shall actively take necessary measures to mitigate or eliminate the resulting
Impact.
10、 Fund asset valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, it shall evaluate the assets of the main pocket account in accordance with the provisions of this Part and
Disclose the net fund value of the main pocket account, and suspend the disclosure of the net share value of the side pocket account.
Part XII Income Distribution of the Fund
1、 Composition of fund profits
Fund profit refers to fund interest income, investment income, income from changes in fair value and other income deduction
The balance after relevant expenses. The realized income of the fund refers to the balance after the fund profit minus the income from changes in fair value
Eh.
2、 Profit available for distribution of the fund
The distributable profit of the fund refers to the undistributed profit and undistributed profit of the fund as of the base date of income distribution
The lower of the realized income.
3、 Principle of fund income distribution
1. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose
Cash dividends or reinvestment of cash dividends automatically into fund units of corresponding categories; If the investor does not
Yes, the default income distribution method of the Fund is cash dividends; Fund share holders can
Different dividend methods are selected for shares. Dividend reinvestment
Free of subscription fees;
2. 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 distribution base
The net value of various fund units on the benchmark date minus the income distribution amount of each unit of such fund units cannot be lower than
Value;
3. Each fund unit of the same category shall enjoy the same distribution right;
4. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Provided that it does not violate laws and regulations and has no material adverse impact on the interests of fund share holders,
After the Fund Manager and the Fund Custodian reach consensus and perform appropriate procedures in accordance with the requirements of the regulatory authorities, they may
The principle of fund income distribution shall be adjusted, without convening a general meeting of fund share holders, but on the date of implementation of the change
It shall be announced in the specified media before.
4、 Income distribution scheme
The fund income distribution plan shall specify the distributable profits and fund receipts as of the base date of income distribution
The distribution object, distribution time, distribution amount and proportion, distribution method, etc.
5、 Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian
The relevant provisions of the Information Disclosure Measures are announced in the specified media.
6、 Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves. When
When the investor's cash dividend is less than a certain amount, which is insufficient to pay the bank transfer or other handling fees
The fund registration institution may automatically convert the cash dividends of fund share holders into corresponding fund shares. red
The calculation method of reinvestment shall be in accordance with the Business Rules.
7、 Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not be used for income distribution.
Part XIII Fund Fees and Taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Fund sales service fees;
4. Information disclosure fees related to the fund after the fund contract comes into effect, in addition to the laws and regulations, the CSRC
Unless otherwise specified;
5. Accounting fees, attorney fees, legal fees and arbitration fees related to the Fund after the Fund Contract takes effect;
6. Expenses for the general meeting of fund share holders;
7. Securities/futures and other transaction or settlement fees of the Fund;
8. Bank transfer fees of the Fund;
9. Account opening and maintenance fees of relevant accounts of the Fund;
10. All reasonable expenses arising from investment in Hong Kong stocks;
11. Other fees that may be disbursed from the fund assets in accordance with the relevant provisions of the State and the provisions of the fund contract
Use.
2、 Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is accrued at an annual fee rate of 1.20% of the net asset value of the Fund on the previous day. Calculation of management fee
The calculation method 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
The fund management fee is accrued daily, accumulated to the end of each month day by day, and paid monthly
After the Fund Custodian and the Fund Manager have verified that there is no error, the Fund Custodian shall, in accordance with the method agreed with the Fund Manager
A lump sum payment shall be made from the fund property to the fund manager within the first five working days of the next month. In case of legal holidays
Day, public holiday or force majeure, the payment date shall be postponed.
2. Custody fees of the Fund Custodian
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. Calculation of custody fee
The calculation method is 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
The fund custody fee is accrued daily, accumulated to the end of each month day by day, and paid monthly
After the Fund Custodian and the Fund Manager have verified that there is no error, the Fund Custodian shall, in accordance with the method agreed with the Fund Manager
One time withdrawal from the fund property within the first 5 working days of the next month. In case of legal holidays, public holidays or no
In case of force majeure, the payment date shall be postponed.
3. Fund sales service fee
There is no sales service fee for Class A fund units of the Fund, and annual sales service fee for Class C fund units
The rate is 0.40%, and the sales service fee is based on the annual fee rate of 0.40% of the net asset value of Class C fund shares on the previous day
Accrual. The calculation method is as follows:
H ＝ E × 0.40% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
The fund sales service fee is accrued daily, accumulated day by day to the end of each month, paid monthly, and managed by the fund
After the Fund Custodian and the Fund Custodian have checked and found no error, the Fund Custodian shall comply with the agreement reached with the Fund Manager
In the first five working days of the next month, the fund sales service will be transferred from the fund assets to the fund manager in a lump sum
The service fee shall be collected by the fund manager on behalf of the sales agency, and the fund manager shall pay it to the sales agency according to the relevant contract after receiving it.
In case of legal holidays, public holidays or force majeure, the payment date shall be postponed.
Items 4-11 of the above "I. Types of fund expenses" shall be paid according to relevant regulations and corresponding agreements
It is stipulated that the actual amount of expenses shall be included in the current expenses, which shall be disbursed from the fund assets by the fund custodian
Pay.
3、 Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. Expenses incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations or
Loss of fund property;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Other items that may not be included in the fund fees according to relevant laws and regulations and the relevant provisions of the CSRC
Objective.
4、 Fund expenses during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the expenses related to the side pocket account can be disbursed from the side pocket account,
However, it can be disbursed only after the assets of the side pocket account are realized, and the relevant fees can be charged or reduced as appropriate, but not
For the management fee, please refer to the "side pocket mechanism" in the prospectus.
5、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations
Execution. The relevant taxes on the investment of fund assets shall be borne by the fund share holders, and the fund manager or its
His withholding agent shall withhold and remit the tax in accordance with the relevant provisions of the state on tax collection.
Part XIV Accounting and Audit of the Fund
1、 Fund accounting policy
1. The Fund Manager is the fund accounting responsible party of the Fund;
2. The accounting year of the Fund is from January 1 to December 31 of the Gregorian calendar year; Fund raised for the first time
The accounting year shall follow the following principles: if the fund contract takes effect for less than 2 months, it can be incorporated into the next accounting year
Degree disclosure;
3. The bookkeeping base currency for fund accounting is RMB yuan, and the bookkeeping unit is RMB yuan;
4. The accounting system shall implement the relevant national accounting system;
5. The Fund establishes accounts and accounts independently;
6. The Fund Manager and the Fund Custodian shall respectively keep complete accounting accounts and vouchers and conduct daily
Accounting and preparation of fund accounting statements in accordance with relevant regulations;
7. The Fund Custodian shall check with the Fund Manager on the accounting and statement preparation of the Fund every month
And confirmed in the way agreed in the custody agreement.
2、 Annual audit of the Fund
1. The Fund Manager's engagement of mutual independence with the Fund Manager and the Fund Custodian is consistent with the requirements of the People's Republic of China
The annual financial statements of the Fund issued by the accounting firm and its certified public accountants as prescribed by the Securities Law of the Republic of China
Conduct audit.
2. An accounting firm shall obtain the prior consent of the fund manager to change its certified public accountant.
3. The Fund Manager shall notify the Fund Custodian if it believes that there is sufficient reason to change the accounting firm. more
The change of accounting firm shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
Part XV Information Disclosure of the Fund
1、 The information disclosure of the Fund shall comply with the Fund Law, the Operating Measures and the Information Disclosure Office
Law of the People's Republic of China, Liquidity Risk Management Regulations, Fund Contract and other relevant regulations. Relevant laws and regulations
In case of any change in the regulations on information disclosure, the Fund shall comply with its latest regulations.
2、 Information disclosure obligor
The information disclosure obligors of the Fund include the Fund Manager, the Fund Custodian and the holding of call fund units
The fund share holders of the general meeting of the people and other natural and legal persons prescribed by laws, administrative regulations and the CSRC
And unincorporated organizations.
The information disclosure obligor of the Fund takes the protection of the interests of fund share holders as the fundamental starting point, and
Disclose fund information in accordance with laws and regulations and the provisions of the CSRC, and ensure the authenticity and accuracy of the information disclosed
Integrity, timeliness, conciseness and accessibility.
The information disclosure obligor of the Fund shall, within the time specified by the CSRC
The information is passed through national newspapers and periodicals (hereinafter referred to as "regulated newspapers and periodicals") that meet the requirements of the CSRC and
Internet websites (hereinafter referred to as "regulated websites") and other media disclosure specified in the Information Disclosure Measures,
And ensure that fund investors can consult or copy the public disclosure at the time and in the manner agreed in the fund contract
Information materials of.
3、 The Fund information disclosed by the Fund Information Disclosure Obligor shall not commit the following acts:
1. False records, misleading statements or major omissions;
2. To predict the performance of securities investment;
3. Committing gains or bearing losses in violation of regulations;
4. Slander other fund managers, fund custodians or fund sales agencies;
5. Publish congratulatory, complimentary or recommendatory articles of any natural person, legal person or unincorporated organization
Character;
6. Other acts prohibited by the CSRC.
4、 The information publicly disclosed by the Fund shall be in Chinese. If the foreign language version is used at the same time, the fund
The obligor of information disclosure shall ensure that the contents of different texts are consistent. In case of ambiguity between different texts
The text shall prevail.
The information publicly disclosed by the Fund shall be in Arabic numerals; Unless otherwise specified, the monetary unit is the people
RMB.
5、 Publicly disclosed fund information
The publicly disclosed fund information includes:
（1） Fund prospectus, fund contract, fund custody agreement, fund product information summary
1. The fund contract defines the rights and obligations of the parties to the fund contract and defines the fund shares
The rules and specific procedures for the holding of the general meeting of the holders, stating that the characteristics of the fund products, etc., involve the fund investors
Legal documents on matters of great interest.
2. The prospectus of the fund shall disclose to the maximum extent all matters affecting the decisions of the fund investors,
Explain fund subscription, purchase and redemption arrangements, fund investment, fund product characteristics, risk disclosure and information
Disclosure and services of fund share holders. Information of the Fund Prospectus after the Fund Contract takes effect
In case of major changes, the Fund Manager shall update the Fund Prospectus and register
On the specified website; Except for major changes, other information in the Prospectus of the Fund is changed,
The Fund Manager shall be updated at least once a year. If the operation of the fund is terminated, the fund manager will no longer update the fund recruitment
Prospectus.
3. The Fund Custody Agreement defines the fund custodian and the fund manager in the custody of the fund property and the operation of the fund
Legal documents on rights and obligations in supervision and other activities.
4. The fund product information summary is a summary document of the fund prospectus, which is used to provide investors with a brief summary
General information of the fund. After the Fund Contract comes into effect, the information in the fund product information summary is significant
In case of any change, the Fund Manager shall, within three working days, update the summary of fund product information and publish it on the
Stipulate websites and websites or business outlets of fund sales agencies; Except for major changes, fund product information
If other information in the summary changes, the Fund Manager shall update it at least once a year. If the fund terminates its operation,
The fund manager will no longer update the fund product information summary.
After the application for fund raising is registered with the CSRC, the fund manager will sell the fund units within 3 days
The Fund Unit Offering Announcement, the indicative announcement of the Fund Prospectus and the indicative announcement of the Fund Contract
The announcement shall be published in the specified newspapers and periodicals, and the fund unit sale announcement, fund prospectus, fund product information
The summary, Fund Agreement and Fund Custody Agreement are posted on the specified website and the fund product information is posted
The summary is published on the website or business outlet of the fund sales agency; The Fund Custodian shall simultaneously
The fund custody agreement is published on the specified website.
（2） Fund Unit Offering Announcement
The Fund Manager shall prepare an announcement on the sale of fund units in respect of the specific matters concerning the sale of fund units, and shall publish the announcement on the
The prospectus is published on the specified media on the day of disclosure.
（3） Announcement on the Effectiveness of the Fund Contract
The fund manager shall publish the fund on the prescribed media on the day after receiving the confirmation document from the CSRC
Contract effectiveness announcement.
（4） Net fund value information
After the Fund Contract comes into force and before the subscription or redemption of fund units, the Fund Manager
The net value of various fund units and the cumulative net value of fund units shall be disclosed at least once a week on the prescribed website.
After starting to handle the subscription or redemption of fund units, the fund manager shall
On the next day of the day, disclose all kinds of open day information through the specified website, fund sales agency website or business outlets
Net value of fund units and cumulative net value of fund units.
The Fund Manager shall disclose on the prescribed website no later than the next day after the last day of the half year and the year
Net value of various fund units and accumulated net value of fund units in the half year and the last day of the year.
（5） Subscription and redemption price of fund units
The fund manager shall specify the fund shares in the fund contract, prospectus and other information disclosure documents
Calculation method of subscription and redemption price and relevant subscription and redemption rate, and ensure that investors can
The website or business outlet of the sales agency looks up or copies the above information.
（6） Regular reports of the Fund, including annual reports, interim reports and quarterly reports of the Fund
The Fund Manager shall, within three months from the end of each year, complete the annual report of the Fund and
The annual report shall be published on the specified website, and the advisory announcement of the annual report shall be published on the specified newspaper. base
The financial and accounting report in the annual financial report shall be subject to
Audit by accounting firm.
The Fund Manager shall prepare and complete the interim report of the Fund within two months from the end of the first half of the year,
Publish the interim report on the specified website, and publish the indicative announcement of the interim report on the specified newspaper.
The Fund Manager shall complete the quarterly report of the Fund within 15 working days from the end of the quarter
Report, publish the quarterly report on the specified website, and publish the suggestive announcement of the quarterly report on the specified newspaper
On.
If the fund contract takes effect for less than 2 months, the fund manager may not prepare the current quarterly report and interim report
Report or annual report.
During the continuous operation of the Fund, the Fund portfolio shall be disclosed in the Fund's annual report and interim report
Assets and liquidity risk analysis, etc.
During the reporting period, the fund shares held by a single investor reached or exceeded 20% of the total fund shares
In order to protect the rights and interests of other investors, the Fund Manager shall at least report "impact on investment" on a regular basis
The investor's category, held shares and proportion at the end of the reporting period
Changes in shares held during the reporting period and the unique risks of the Fund, as well as the special circumstances recognized by the CSRC
except.
If there are other provisions in relevant laws and regulations or regulatory authorities, such provisions shall prevail.
（7） Interim report
If a major event occurs to the Fund, the relevant information disclosure obligor shall prepare an interim report within 2 days
And published on the specified newspapers and websites.
The term "major event" as mentioned in the preceding paragraph refers to the possible impact on the rights and interests of fund unit holders or the price of fund units
The following events with significant impact:
1. The convening and decisions of the general meeting of fund share holders;
2. The Fund Contract is terminated and the Fund is liquidated;
3. Conversion of fund operation mode and fund merger;
4. Change of fund manager, fund custodian, fund share registration agency, and change of fund accounting firm
Office;
5. The fund manager entrusts the fund service agency to handle the registration, accounting and valuation of fund shares on its behalf
Matters: the Fund Custodian entrusts the Fund Service Agency to handle the accounting, valuation and review of the Fund on its behalf
Item;
6. The legal names and addresses of the Fund Manager and the Fund Custodian have changed;
7. The Fund Manager changes the actual control of shareholders holding more than 5% of the equity and the Fund Manager
Person change;
8. The fund raising period is extended or the fund raising is terminated in advance;
9. Senior management of the fund manager, fund manager and special fund custody department of the fund custodian
The person in charge changes;
10. The directors of the fund manager have changed by more than 50% in the last 12 months
The main business personnel of the special fund custody department of the Fund Custodian and the Fund Custodian have changed by more than 100% in the last 12 months
Thirty percent;
11. Litigation or arbitration involving fund property, fund management business and fund custody business;
12. The fund manager or its senior managers and fund managers are subject to
In case of major administrative punishment or criminal punishment, the fund custodian or the head of its special fund custody department shall
Relevant behaviors of custody business are subject to major administrative and criminal penalties;
13. The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shares
Securities issued by the owner, the actual controller or a company with a significant stake in them or underwritten during the underwriting period
Unless otherwise stipulated by the CSRC;
14. Fund income distribution matters;
15. Accrual standard and calculation of management fee, custody fee, sales service fee, subscription fee, redemption fee, etc
The mode of presentation and rate have changed;
16. The valuation error of the net value of any type of fund unit amounts to 0.5% of the net value of such type of fund unit;
17. The Fund begins to handle subscription and redemption;
18. The Fund is redeemed in large amount and postponed;
19. The Fund has successively made major redemptions and suspended the acceptance of redemption applications or deferred the payment of redemption funds;
20. The Fund suspends accepting subscription and redemption applications or re accepts subscription and redemption applications;
21. The Fund adjusts the setting of share categories;
22. The Fund is involved in the adjustment of fund subscription and redemption events or the potential impact on investors' redemption
Major events;
23. The Fund Manager adopts the swing pricing mechanism for valuation;
24. The Fund Information Disclosure Obligor believes that it may affect the rights and interests of the Fund Unitholders or the Fund Units
Other matters that have a significant impact on the price or laws and regulations, the provisions of the CSRC and the fund contract
Other matters.
（8） Clarification announcement
News appearing in any public media or circulating in the market during the duration of the fund contract
It may have a misleading impact on the price of fund shares or cause major fluctuations, and may damage the fund shares
If the rights and interests of the relevant information disclosure obligor are known, the information shall be disclosed immediately
Qing.
（9） Resolution of the general meeting of fund share holders
The matters decided by the general meeting of fund share holders shall be reported to the CSRC for record and made public
Notice.
（10） Liquidation report
In case of termination of the Fund Contract, the Fund Manager shall organize the Fund Assets Liquidation Team to
The Fund assets shall be liquidated and a liquidation report shall be made. The fund assets liquidation group shall publish the liquidation report on
On the specified website, and publish the suggestive announcement of the liquidation report on the specified newspaper.
（11） Trading of stock index futures
The Fund Manager shall regularly report the quarterly report, interim report and annual report of the Fund
The report and prospectus (update) and other documents disclose the trading of stock index futures, including trading policies
Position, profit and loss, risk indicators, etc., and fully reveal the impact of stock index futures trading on the overall risk of the fund
Impact and compliance with established trading policies and objectives.
（12） Trading of treasury bond futures
The Fund Manager shall make regular reports and recruitment instructions such as quarterly reports, interim reports and annual reports
The trading of treasury bond futures, including trading policies, positions, profits and losses, is disclosed in the book (update) and other documents
And risk indicators, and fully reveal the impact of treasury bond futures trading on the overall risk of the fund and whether
Comply with the established trading policies and objectives.
（13） Investment of stock options
The fund manager shall disclose the relevant information about participating in stock option trading in the regular information disclosure documents
Status, including investment policies, positions, profits and losses, risk indicators, valuation methods, etc
Indicate the impact of stock option trading on the overall risk of the fund and whether it conforms to the established investment policies and objectives
Bid.
（14） Investment in asset-backed securities
Where the Fund invests in asset-backed securities, the Fund Manager shall include in the Fund's annual report and interim report
Disclose the total amount of asset-backed securities held by it, the proportion of the market value of asset-backed securities in the net assets of the fund and report
Details of all asset-backed securities during the reporting period. The Fund Manager shall disclose its holdings in the quarterly report of the Fund
The total amount of asset-backed securities, the proportion of the market value of asset-backed securities in the net assets of the fund and the market value at the end of the reporting period
Details of the top 10 asset-backed securities ranked by their value in the proportion of the fund's net assets.
（15） Investment in Hong Kong stocks
The Fund Manager shall make regular reports on the annual report, interim report and quarterly report of the Fund
Relevant information about the Fund's participation in Hong Kong Stock Connect transactions is disclosed in the announcement, prospectus (update) and other documents. method
If laws and regulations or the CSRC provide otherwise, such provisions shall prevail.
（16） Investment in credit derivatives
The Fund Manager shall make regular reports and recruitment instructions such as quarterly reports, interim reports and annual reports
The investment of credit derivatives, including investment strategy and position, is disclosed in detail in the book (update) and other documents
And fully reveal the impact of investment in credit derivatives on the overall risk of the fund, and whether it conforms to the established
Investment objectives and strategies.
（17） Participation in financing business
The Fund Manager shall submit quarterly reports, interim reports, annual reports and other regular reports and prospectuses
(updated) and other documents, including investment strategy, business development
Profit and loss, risk and management.
（18） Information disclosure during the implementation of the side pocket mechanism
Where the Fund implements the side pocket mechanism, relevant information disclosure obligors shall, in accordance with laws and regulations
Information disclosure shall be carried out in accordance with the provisions of the Prospectus. For details, please refer to the provisions of the "side pocket mechanism" section of the Prospectus
Definitely.
（19） Other information specified by the CSRC.
6、 Information disclosure management
The Fund Manager and the Fund Custodian shall establish and improve the information disclosure management system and designate special departments
And senior managers are responsible for managing information disclosure.
The public disclosure of fund information by the fund information disclosure obligor shall comply with the relevant fund letter of the CSRC
Information disclosure content and format standards and other laws and regulations.
The Fund Custodian shall comply with relevant laws and regulations, the provisions of the CSRC and the provisions of the Fund Contract
Determine the net asset value of the Fund, the net asset value of the Fund units of all types of Fund units
Unit purchase and redemption price, regular fund report, updated prospectus, summary of fund product information
Review and review the fund liquidation report and other publicly disclosed fund information, and report to the fund manager
Written or electronic confirmation.
The Fund Manager and the Fund Custodian shall choose one of the required newspapers to disclose this Fund Letter
Interest. The Fund Manager and the Fund Custodian shall submit the proposed disclosure to the electronic disclosure website of the CSRC
And ensure the authenticity, accuracy, integrity and timeliness of relevant information submitted.
The Fund Manager and the Fund Custodian may, in addition to disclosing information on the prescribed media according to law
Information shall be disclosed in other public media, but other public media shall not disclose information earlier than the specified media,
And the content of the same information disclosed on different media should be consistent.
Issuing audit reports and legal opinions for the fund information publicly disclosed by the fund information disclosure obligor
Professional institutions shall prepare working papers and keep relevant files at least 10% after the termination of the fund contract
Years.
7、 Storage and reference of information disclosure documents
After the release of the information that must be disclosed according to law, the Fund Manager and the Fund Custodian shall comply with relevant laws
The laws and regulations stipulate that the information shall be kept in their respective residences for the public to consult and copy.
8、 The Fund Manager and the Fund Custodian may suspend or delay the disclosure of the Fund in the following circumstances
Related information:
(1) Valuation suspension occurs;
(2) Force majeure;
(3) Other circumstances stipulated by laws and regulations, recognized by the CSRC or the fund contract.
Part XVI Side pocket mechanism
1、 Implementation conditions and procedures of side pocket mechanism
When the fund holds specific assets and there are or potential large redemption applications, according to the maximum protection basis
The Fund Manager and the Fund Custodian have reached an agreement on the principle of the interests of the gold share holders and consulted the accountant
After the opinion of the accounting firm, the side pocket mechanism can be used in accordance with laws and regulations and the fund contract.
The fund manager shall issue a temporary announcement in a timely manner after the side pocket mechanism is enabled, and shall comply with the provisions of laws and regulations
The side pocket mechanism was hired within the time limit of
And disclosed special audit opinions.
2、 Subscription and redemption of fund units during the implementation of side pocket mechanism
1. On the day when the side pocket mechanism is enabled, the fund registration institution will use the original account shares of fund share holders
On the basis of, confirm the list of fund share holders and shares of the corresponding side pocket account; Purchase application received on the same day
Please follow the share of the main pocket account after the side pocket mechanism is enabled; Redemption applications received on the day are only handled
Redemption application of main pocket account shares and payment of redemption money.
2. During the implementation of the side pocket mechanism, the fund manager does not handle the subscription, redemption and transfer of side pocket account shares
Replacement; At the same time, the fund manager handles the shares of the main account in accordance with the fund contract and the prospectus
Redemption, and determine whether to suspend the subscription according to the operation of the main bag account.
3. Except that the Fund Manager shall handle the subscription and redemption of the shares in the main pocket account according to the net value of the shares in the main pocket account
In addition, the subscription and redemption provisions in the "Subscription and Redemption of Fund Units" section of this Prospectus are applicable to
For the share of main bag account, the application for large amount redemption exceeds the previous one according to the net redemption of the share of main bag account in a single open day
10% of the total shares of the main bag account on weekdays.
3、 Fund investment during the implementation of side pocket mechanism
During the implementation of the side pocket mechanism, the portfolio ratio agreed in the "Fund Investment" section of the Prospectus
For example, investment strategies, portfolio restrictions, performance benchmarks, risk return characteristics and other agreements are only applicable to the main bag
Account, the fund manager only needs to consider the main account when calculating various investment operation indicators and fund performance indicators
assets.
In principle, the fund manager shall complete the investment in the main pocket account within 20 trading days after the side pocket mechanism is activated
The adjustment of the asset portfolio shall be subject to the circumstances specified by the CSRC, such as the restriction of asset liquidity.
The fund manager shall not conduct other investment operations in the side pocket account except for the realization of specific asset disposal
Work.
4、 Fund valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the Fund Manager and the Fund Custodian shall conduct
Evaluate and disclose the net fund value information of the main pocket account, and suspend the disclosure of the net share value of the side pocket account. Side pocket account
The accounting of shall comply with the relevant requirements of the Accounting Standards for Business Enterprises.
5、 Fund expenses during the implementation of side pocket account
1. If the Fund implements the side pocket mechanism, the management fee, custody fee and sales service fee of the main pocket account
The net asset value of the main account is used as the base for accrual.
2. The expenses related to the side pocket account can be disbursed from the side pocket account, but the assets of the side pocket account should be realized
It can only be disbursed, and relevant fees can be charged or reduced as appropriate, but management fees shall not be charged.
6、 Disposal, realization and payment of specific assets in side pocket account
After the liquidity of specific assets is restored by means of marketability, transferability and resumption of transactions, the fund manager
It shall, in accordance with the principle of maximizing the interests of fund share holders, dispose and realize specific assets
In this way, the corresponding realization funds shall be paid to the side pocket account share holders in a timely manner.
During the implementation of the side pocket mechanism, the fund manager will
The amount corresponding to the realized part shall be paid to all unit holders of the side pocket account in a timely manner. If side pocket account
If the assets cannot be disposed and realized at one time, the Fund Manager shall follow the relevant laws after each disposal and realization
Laws and regulations require timely issuance of temporary announcements.
After all the assets in the side pocket account have been realized and the side pocket mechanism has been terminated, the fund manager shall timely hire
Audit and disclosure of special audit intention by accounting firms in accordance with the Securities Law of the People's Republic of China
See.
7、 Information disclosure of side pocket mechanism
1. Temporary announcement
When the side pocket mechanism is activated, specific assets are disposed, the side pocket mechanism is terminated and other possible investments occur
The Fund Manager shall issue an interim announcement in a timely manner after an event that has a significant impact on the interests of the Fund Manager.
2. Net fund value information
The Fund Manager shall, in accordance with the Fund Net Worth Letter specified in the "Fund Information Disclosure" section of the Prospectus
The method and frequency of interest disclosure disclose the net fund value information of the main pocket account shares, and the basis during the implementation of the side pocket mechanism
Jin suspended the disclosure of the net value and cumulative net value of various fund units in the side pocket account.
3. Periodic reports
During the implementation of the side pocket mechanism, the fund manager shall disclose the inside pocket of the reporting period in the regular report of the fund
For account related information, the fund accounting statements in the fund periodic report only need to be prepared for the main bag account.
When auditing the annual report of the fund, the accounting firm shall conduct the operation of the fund side pocket mechanism during the reporting period
And the disclosure of the annual report.
8、 The relevant provisions of this part on the side pocket mechanism refer directly to laws and regulations, such as
The relevant contents are cancelled or changed due to the modification of laws and regulations in the future, or the laws and regulations in the future are specific to the side bag machine
If the contents of the system are further specified, the Fund Manager shall negotiate with the Fund Custodian and perform appropriate procedures
After the preface, the content of this part can be modified and adjusted directly, without the need to hold a general meeting of the fund unit holders
Discussion.
Part XVII Risk Disclosure
The Fund is a hybrid fund, whose expected return and expected risk level are higher than those of bond funds and currencies
Market funds, but lower than equity funds. If the Fund invests in Hong Kong stocks, it shall also undertake Hong Kong stocks
Special wind brought by differences in investment environment, investment object, market system and trading rules under the general mechanism
Insurance.
1、 Market risk
Financial market prices are affected by economic factors, political factors, investment psychology, trading system and other factors
Impact, resulting in changes in the level of fund returns and risks, mainly including:
1. Policy risk
The impact of changes in national policies such as monetary policy, fiscal policy, industrial policy and securities market regulatory policy on
The securities market has a certain impact, which may lead to market price fluctuations, thus affecting fund returns.
2. Interest rate risk
The fluctuation of interest rate in the financial market will lead to changes in the price and yield of the stock market and interest income
It directly affects the financing cost and profit level of enterprises. The fund invests in stocks and bonds, and the income level will
Affected by changes in interest rates.
3. Credit risk
The Fund is in default of settlement in the transaction process, or the issuer of the bonds invested by the Fund is in default
Refusal to pay due principal and interest, or untrue and incomplete information disclosure of listed companies may lead to the fund
Changes in asset losses and gains.
4. Inflation risk
As the inflation rate increases, the real investment value of the Fund will decrease accordingly.
5. Reinvestment risk
Reinvestment risk reflects the return on reinvestment of fixed income securities and repo and other interest income due to interest rate decline
Impact. When the interest rate drops, the fund's interest income from investment in fixed income securities and repurchase
When the bank reinvests, it will obtain less yield than before.
6. Legal risk
Due to laws and regulations, some market behaviors are restricted or the contract cannot be executed normally,
The risk of loss of fund assets.
2、 Managing risk
The knowledge, experience, judgment, decision-making and skills of the fund manager in the process of fund management and operation,
It will affect its possession of information and judgment of economic situation and securities price trend, thus affecting fund income
Benefit level. Therefore, the Fund may be affected by the management level and management skill of the Fund Manager and the Fund Custodian
Factors such as segment and management technology affect the level of fund returns.
3、 Liquidity risk
The proposed investment market, industry and assets of the Fund have good liquidity
The purchase and redemption arrangements are matched and can support the redemption requirements of investors in different market situations. The Fund mainly
The liquidity risk of is that investors may face liquidity risk due to huge redemption. If due to investment
The fund manager is forced to sell the investment products held to meet the cash redemption of the fund due to the large redemption of the investors
If necessary, the net asset value of the Fund may be adversely affected. The fund manager has established internal large redemption
Response mechanism: take standby liquidity risk management response measures in case of huge redemption to effectively protect
The legitimate rights and interests of the holders of stock fund units.
1. Fund subscription and redemption arrangements
The Fund Manager may, in accordance with the actual situation, determine the specific date on which the Fund will begin to apply for subscriptions
The time for handling sports business shall be specified in the announcement of the beginning of subscription. The Fund Manager shall not
Redemption starts more than 3 months ago, and the specific business processing time is specified in the announcement of redemption start. investor
The subscription and/or redemption of fund units shall be handled on the open day at Shanghai Stock Exchange, Shenzhen
The trading time on the normal trading day of Shenzhen Stock Exchange, but if the Fund participates in the trading of Hong Kong Stock Connect and such trading
If the trading day is not a Hong Kong Stock Connect trading day, the Fund Manager may decide whether the Fund is open for application according to the actual situation
Purchase, redemption and conversion business.
2. Liquidity risk assessment of the proposed investment market
The Fund mainly invests in the domestic stock market, bond market and Hong Kong stocks with good performance
Liquidity of stocks and bonds. With the gradual improvement of the trading mechanism of China's stock and bond markets, investors
With the optimization of structure and the introduction of relevant laws and regulations on information disclosure, China's stock and bond markets have
Good liquidity. The average daily turnover of Shanghai and Shenzhen stock markets has reached 100 billion. Inter bank and exchange owners
The annual turnover of key bonds is nearly twice of the stock. The stock of Hong Kong Stock General Standard is the Hang Seng Comprehensive Large Stock Index
Number of constituent stocks, constituent stocks of the Hang Seng Composite Medium Stock Index, small stocks with a market capitalization of HK $5 billion or more, and
H shares of A+H share listed companies also have good market capacity and liquidity. Therefore, the Fund intends to
The investment market as a whole has a high level of liquidity, which can match the purchase and redemption security agreed in the fund contract
Row.
3. Liquidity risk management measures under massive redemption
The fund manager has established an internal huge redemption response mechanism to strictly control the huge redemption of the fund
Pre monitoring, in-process control and post evaluation. When the fund has a huge redemption, the fund manager, risk
The Management Department and the Fund Operation Department will carry out liquidity assessment according to the actual situation, and the Fund Manager finally decides to
Do not accept all redemption applications. When cash assets are found to be insufficient to pay the redemption amount or realize the redemption of investment
The Fund Manager will fully evaluate the assets of the Fund portfolio when the fund will have a significant impact on the net asset value of the Fund
On the basis of liquidity, changes in investment proportion and fluctuations in the net value of fund units, prudently accept and confirm redemption
apply. The fund manager may adopt standby liquidity in accordance with the provisions of laws and regulations and the fund contract
Risk management countermeasures, including but not limited to: (1) postponing the application for massive redemption; （2） Temporary
Stop accepting redemption application; （3） Suspend the payment of redemption money; （4） Swing pricing; （5） Pause Base
Gold valuation; （6） Collect short-term redemption fees; （7） Implement side pocket mechanism; （8） Recognized by China Securities Regulatory Commission
Other measures specified.
4. Implementation of alternative liquidity risk management tools, procedures and potential impact on investors
1) Delayed handling of huge redemption application: when the fund manager thinks that the redemption application for paying investors is difficult
It is difficult or believed that the realization of property due to the payment of the redemption application of investors may cause a negative impact on the net asset value of the fund
In case of large fluctuations, the Fund Manager may decide to postpone redemption in part. The Fund Manager can accept it on the same day
On the premise that the redemption ratio is not less than 10% of the total fund shares on the previous working day, the rest of the redemption applications will be postponed
Handling. If the Fund Manager adopts the measure of postponing the handling of huge redemption application, the investor's redemption application on the current day
Please determine the redemption accepted on that day according to the proportion of the redemption application amount of a single account in the total redemption application amount
Share; For the part that cannot be confirmed for redemption, if the fund unit holder chooses to cancel the redemption
Part of the redemption applications that have not been accepted on the th day will be cancelled; If the fund unit holder chooses to postpone redemption,
The part that is not accepted on that day will be automatically transferred to the next open day for further redemption until it is fully redeemed.
The deferred redemption application shall be processed together with the redemption application on the next business day, and the application without priority on the next business day
The redemption amount is calculated on the basis of the net value of such fund units, and so on, until all the funds are redeemed. If cast
The investor did not make a clear choice when submitting the redemption application, and the part that the investor failed to redeem was used as an automatic deferred redemption place
Li.
At the same time, in the case of huge redemption, the Fund Manager has the right to exceed the former limit for a single fund unit holder
Redemption applications for more than 30% of the total fund shares within one working day will be postponed. See the basic for specific measures
The relevant provisions of the gold contract and this prospectus.
The Fund Manager will prepare an interim report within 2 days to announce that the Fund has been redeemed in a large amount and postponed
Matters to be handled in a timely manner.
2) Suspend accepting redemption application: if there is a large amount of redemption for more than 2 consecutive business days (including the number),
The Fund Manager may suspend accepting the redemption application of the Fund if it deems necessary; If the Fund Manager adopts suspension
If the redemption application measures are accepted, the redemption application of the investor on that day will be rejected.
The Fund Manager will prepare an interim report within 2 days to announce that the Fund has been redeemed in large amounts consecutively
And suspend accepting the redemption application, and re accept the redemption after suspending accepting the redemption application.
In addition, when "VIII. Temporary
The Fund Manager shall also have the right to temporarily
Measures to stop accepting redemption applications.
3) Delayed payment of redemption amount: if there is a large amount of redemption for more than 2 consecutive business days (inclusive),
If the Fund Manager deems it necessary, the accepted redemption application may postpone the payment of redemption money. If
The Fund Manager adopts the measure of delaying the payment of redemption amount, and the accepted redemption application amount will not exceed
It shall be paid to investors within 20 working days.
In addition, when "VIII. Temporary
The Fund Manager shall also have the right to postpone
Measures for delaying the payment of redemption money.
4) Swing pricing: In case of large amount purchase or redemption, the fund manager can adopt swing pricing
Price mechanism to ensure the fairness of fund valuation. When the net purchase or redemption of the fund exceeds the net assets of the fund
When a certain proportion is determined, the net value of fund units shall be increased or decreased accordingly. Therefore, in the case of large amount subscription or large amount/large amount
In the case of amount redemption, if the fund manager adopts the swing pricing tool, the application for subscription or redemption on the same day is applicable
The net value of fund units may be increased or decreased.
5) Suspension of fund valuation: when specific assets account for more than 50% of the net asset value of the fund on the previous valuation date
After consultation and confirmation with the Fund Custodian, the Fund Manager shall suspend the valuation.
6) Collection of short-term redemption fee: The Fund will charge investors with a continuous holding period of less than 7 days no less than
1.5% of the redemption fee, which shall be fully included in the fund property.
7) Implement the side pocket mechanism: see the "side pocket mechanism" section of the prospectus for details
The situation and procedures of the Fund's implementation of the side pocket mechanism.
When the fund manager takes the above measures, investors will face rejection of subscription and redemption and redemption application
Please be delayed, unable to obtain redemption money in time or bear higher investment costs and other risks.
5. The impact of implementing the side pocket mechanism on investors
The side pocket mechanism is a liquidity risk management tool that separates specific assets into a special side pocket account
The account shall carry out disposal liquidation and pay the fund share holders with the amount after disposal and realization for the purpose of
To effectively isolate and resolve risks. However, after the side pocket mechanism is enabled by the fund, the share of the side pocket account will cease to be disclosed
The net value of gold shares shall not be applied for, redeemed or converted, and only the shares in the main account shall be opened for redemption normally,
Therefore, when the side pocket mechanism is enabled, the holders of fund shares will hold the main pocket at the same time after the side pocket mechanism is enabled
Account share and side pocket account share. Side pocket account share cannot be redeemed, which corresponds to the realization of specific assets
There is uncertainty between, and the final realization price is also uncertain and may be significantly lower than the side pocket
Fund share holders may suffer losses due to the valuation of specific assets in the mechanism.
During the implementation of the side pocket mechanism, because the Fund does not disclose the net value of the side pocket account shares, even if the fund is managed
If a person discloses the net realizable value or net value range of specific assets at the end of the reporting period in the regular report of the fund, he shall not
It is a commitment to the final realization price of specific assets, so the fair value and final realization price of specific assets
The Fund Manager does not assume any responsibility for guarantee and commitment.
The fund manager will reasonably determine the purchase policy according to the operation of the main bag account, so the side bag machine will be implemented
It is possible to suspend the subscription of the main pocket account shares after the system.
After the side pocket mechanism is enabled, the fund manager only calculates the investment operation indicators and fund performance indicators
The main pocket account assets should be considered, and the fund performance indicators should be based on the main pocket account assets. Therefore, the Fund
The disclosed performance indicators cannot reflect the true value and changes of specific assets.
4、 Strategic risk
The Fund has investment strategy risk, that is, the performance of the Fund may not be ahead of the market average
Ping. In addition, in the actual operation process of selecting individual stocks, the fund manager may be limited to knowledge, technology
Experience and other factors affect their judgment on relevant information, economic situation and securities price trend
The performance of individual stocks may not continue to be better than that of other stocks.
5、 Other risks
1. Technical risk
Exceptions in computer, communication system, trading network and other technical support systems or information network support
The daily subscription and redemption of the Fund may not be completed within the normal time limit, the registration system may be paralyzed
The accounting system cannot display the net value generated according to the normal time limit, and the investment transaction instructions of the fund cannot be transmitted in time
Risk.
2. The emergence of war, natural disasters and other force majeure factors will seriously affect the operation of the securities market
Yes, it may lead to loss of fund assets.
3. Financial market crisis, industry competition, agency default, fund custodian default and other excess funds
Risks beyond the direct control of the manager itself may lead to profits of the fund or fund share holders
Benefits are impaired.
6、 Unique risks
1. The Fund may participate in stock index futures trading. The stock index futures adopt the margin trading system
Gold trading is leveraged. In case of adverse market conditions, minor changes may cause damage to investors' equity
It suffered a great loss. At the same time, the daily debt free settlement system is adopted for stock index futures
If the margin is replenished within an interval, the position will be closed compulsorily as required, which may cause significant losses to the net value of the fund.
2. The Fund may invest in stock options. As a financial derivative, stock option has some characteristics
Risk points. The main risk of investing in stock options is the market wind brought by the price fluctuation of derivatives
Insurance; Liquidity risk arising from the trading volume of derivative underlying assets being greater than the trading volume of market quotation; Derivative
Basis risk caused by the fluctuation of the price difference between the contract price of raw products and the price of the underlying index; Not in time
Margin risk caused by raising funds to meet the margin required for establishing or maintaining derivatives contract positions
Insurance; Credit risk caused by the counterparty's unwillingness or inability to perform the contract; And various operational risks.
3. The Fund may participate in treasury bond futures trading. Treasury bond futures trading adopts margin trading
Assets may fail to raise funds in time to meet the guarantee required for establishing or maintaining treasury bond futures positions
And face margin risk. At the same time, the potential loss may be multiplied, with leverage risk. another
In addition, in the process of using treasury bond futures to hedge market risks, the fund assets may be due to treasury bond futures contracts
It is inconsistent with the price fluctuation of the contract object and faces the basis risk.
4. The Fund may invest in asset-backed securities. The Fund Manager shall proceed in the principle of prudence and risk control
Bank asset-backed securities investment, but still facing credit risk, interest rate risk, prepayment risk, operation
Risk, the debtor of the invested asset-backed securities defaults, or due to the credit quality of asset-backed securities
The decrease in volume and the fluctuation of market interest rate lead to the decrease in securities prices, resulting in the loss of fund assets. Asset support certificate
Due to the influence of the size of the securities market and the level of trading activity, there is a certain liquidity risk in asset-backed securities.
5. Risk of Hong Kong stock trading failure: there is a daily limit limit during the pilot period of Hong Kong Stock Connect business. In Hong Kong
At the pre opening stage of the Stock Exchange Co., Ltd., if the quota is used up on the same day, the new purchase order declaration will face
Risk of failure; During the continuous trading period of the Stock Exchange, if the quota is used up on that day, the Japanese fund will face
The risk of not being able to buy through Hong Kong Stock Connect.
6. Exchange rate risk: the Fund can invest in Hong Kong stocks, and submit the order basis within trading hours
The reference exchange rate for buying and selling Hong Kong dollars of is not equal to the final settlement exchange rate. Trading day of Hong Kong Stock Connect
At the end of the day, China Securities Depository and Clearing Corporation Limited carried out net exchange, and calculated the exchange cost according to the transaction amount
Allocate to each transaction, and determine the settlement exchange rate actually applicable to the transaction. Therefore, the Fund's investment is subject to exchange rate risk
Risk and exchange rate fluctuations may cause losses to the investment income of the Fund.
7. Risks in overseas markets.
(1) The Fund can invest in the Hong Kong market through the "Hong Kong Stock Connect" mechanism
There are certain restrictions in terms of degree, investable objects and tax policies, and such restrictions may continue
Adjustment. Changes in these restrictions may cause obstacles for the Fund to enter or exit the local market, thus
It has direct or indirect impact on investment income and normal purchase and redemption.
(2) The trading rules of the Hong Kong market are different from those of the mainland A-share market. In addition, under the Hong Kong Stock Connect mechanism
Participation in Hong Kong stock investment will also face the following special risks, including but not limited to:
1) Risk of large fluctuation of stock price in Hong Kong stock market: Hong Kong stock market implements T+0 reverse trading, and
There is no upper and lower limit for the trading price of individual shares, so Hong Kong shares may be more violent than A-shares
Share price fluctuations;
2) Possible risks caused by inconsistent trading days under the Hong Kong Stock Connect mechanism: only Shanghai, Shenzhen and Hong Kong are trading
The trading day of Hong Kong Stock Connect is the first day of the trading day of Hong Kong Stock Connect, so the Hong Kong Stock Connect cannot be delivered normally when the mainland market is open and Hong Kong market is closed
Easy, Hong Kong shares cannot be sold in time, which may bring some liquidity risk;
3) When typhoon, black rainstorm or other circumstances specified by the Stock Exchange occur in Hong Kong, the Stock Exchange may
If the market is suspended, investors will face the risk that they will not be able to conduct Hong Kong Stock Connect transactions during the period of market suspension; Mainland securities transaction
Securities trading services of the Mainland Stock Exchange in case of abnormal trading conditions recognized by the Exchange Securities Trading Service Company
The Company may suspend the provision of some or all Hong Kong Stock Connect services, and investors will face
The risk that the Hong Kong Stock Connect transaction cannot be carried out;
4) The investor's situation or abnormality due to the distribution and conversion of rights and interests of Hong Kong Stock Connect shares, the acquisition of listed companies, etc
The securities listed on the Stock Exchange other than Hong Kong Stock Connect can only be sold through Hong Kong Stock Connect, but
It shall not be purchased, unless otherwise stipulated by the mainland stock exchange; Equity distribution or conversion of Hong Kong Stock Connect
If the subscription rights of the shares listed on the Stock Exchange obtained under such circumstances are listed on the Stock Exchange, they can be sold through the Hong Kong Stock Exchange
Out, but not exercise; Obtained due to distribution and conversion of equity of Hong Kong Stock Connect or acquisition of listed companies
The securities not listed on the Stock Exchange can enjoy relevant rights and interests, but cannot be bought or sold through Hong Kong Stock Connect;
5) Proxy voting. Because China Clearing is to submit votes to Hong Kong Clearing after summarizing investors' wishes
Willingness, the willingness solicitation period set by CSDCC for investors ended earlier than that of HKDCC; throw
If there is no equity registration date for votes, the holding on the voting deadline shall be taken as the calculation basis; The number of votes exceeds the holding
In case of quantity, the holding base shall be allocated in proportion.
8. The Fund may choose to transfer part of the funds to
Gold assets invest in Hong Kong stocks or choose not to invest fund assets in Hong Kong stocks. Fund assets are not necessarily invested in Hong Kong
It is possible not to invest in Hong Kong stocks.
9. To hedge credit risk, the Fund may invest in credit derivatives, which can
Be able to face liquidity risk, repayment risk and price fluctuation risk. Liquidity risk refers to credit derivatives
In the process of transaction transfer, it is difficult to find counterparties or there are few counterparties
The risk of realization at a reasonable price. Repayment risk is within the duration of credit derivatives, due to uncontrollable
Market and environment changes, the founder may have poor operating conditions, or the cash flow and budget of the founder
There is a certain deviation in the period, which affects the risk of credit derivatives settlement. The risk of price fluctuation is caused by
Change in operating conditions or interest rate environment caused by establishment of institutions or protected bond entities
The risk of trading price fluctuation.
10. Main risks of financing business
(1) Market risk
1) Risk that may amplify investment loss: financing business has leverage effect and it is amplifying investment income
At the same time, it will inevitably enlarge the investment risk. When the stock is used as collateral for financing transactions
The risk brought by the original stock price decline has to bear the risk brought by the purchase of stocks through financing. At the same time
The corresponding interest and fees must be paid, and the risk incurred may far exceed that of ordinary securities trading.
2) Increased risk of cost caused by interest rate changes: during financing transactions, such as the People's Bank of China
The stipulated benchmark interest rate for loans in the same period will be raised, and the securities company will raise the financing interest rate accordingly
The increase for the increase of interest rate will face the risk of increased financing costs.
3) Compulsory closing position risk: in financing transactions, except for the commission of ordinary transactions
In addition to the entrusted transaction relationship, there are also more complex creditor's rights and debt relationships, and the relationship between creditor's rights and debt
Trust relationship and guarantee relationship. In order to protect its own creditor's rights, the securities company has
Real time monitoring of liabilities, and under certain conditions, compulsory closing of portfolio guaranteed assets
The variety, quantity, price and timing of the position will not be controlled by the portfolio, and the amount of closing positions may exceed the total
And thus bring losses to the investment portfolio.
4) External regulatory risk: When financing transactions are abnormal or the market has systemic risk, the Supervision Department
Sectors, stock exchanges and securities companies may take corresponding measures for financing transactions, such as increasing financing
Margin ratio, maintenance guarantee ratio and conditions for compulsory position closing to maintain the stable operation of the market. these ones here
The measures may reduce the leverage effect on the principal, or even enter into additional collateral or compulsory position closing in advance
Potential losses such as state.
(2) Liquidity risk
The liquidity risk of financing business mainly refers to when the fund fails to pay off the debt within the agreed period, or
The ratio between the value of collateral and financing debt is lower than the guarantee ratio for closing and maintaining positions due to the fluctuation of market securities price
For example, if the collateral cannot be added at the agreed time, the company will face the risk of compulsory position closing.
(3) Credit risk
Credit risk mainly refers to the risk arising from counterparty default. On the one hand, if the securities company fails to
Performing obligations according to the requirements of the financing contract may bring risks; On the other hand, if during the financing transaction period
If the financing business qualification and financing business transaction authority of the securities company are cancelled or suspended, the securities company may
If the contract can not be fulfilled, the portfolio may face certain risks.
11. Investment risk of depositary receipts
The Fund may invest in depositary receipts, which are issued by the depositary and are based on overseas securities
Issued in China, representing the equity of overseas underlying securities. Rights and interests actually enjoyed by holders of depositary receipts
Although the rights and interests of the holders of the external underlying securities are basically equivalent, they are not equivalent to directly holding the overseas underlying securities
Coupon. Investing in depositary receipts may face the following problems:
Relevant costs and investment risks caused by differences in structure, shareholder rights, etc. Transaction and holding of depositary receipts
The obligations to be undertaken in the process and the possible restrictions should pay attention to the macro economy that is common to securities trading
Economic risk, policy risk, market risk, force majeure risk, etc.
7、 The risk return characteristics of the Fund's legal documents may differ from the risk assessment of the fund by the sales agency
Risk
The statements on risk return characteristics in the investment section of the Fund's legal documents are based on the investment scope, investment
The general description of the proportion and the general law of the securities market represents the Fund in general market conditions
Long-term risk return characteristics. Sales agencies (including fund manager direct sales agencies and other sales agencies)
Relevant laws and regulations carry out risk evaluation on the Fund, and the evaluation methods adopted by different sales agencies are not
Similarly, the risk rating evaluation of the sales agency and the expression of risk return characteristics in the fund legal documents may
There are differences. When buying the Fund, investors need to complete the risk tolerance and
Matching test between product risks.
Part XVIII Fund Merger, Change and Termination of Fund Contract and Fund
Liquidation of property
1、 Fund consolidation
The merger of the Fund with other funds shall be carried out in accordance with the procedures prescribed by laws and regulations.
2、 Change of Fund Contract
1. The change of the fund contract involves the provisions of laws and regulations or the fund contract shall be approved by the fund unit holders
If a resolution is passed at the meeting, a general meeting of fund unit holders shall be convened to pass the resolution. For laws and regulations
Matters that may not be passed by the resolution of the general meeting of fund share holders as agreed in the fund agreement shall be handled by the fund manager
And the Fund Custodian.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall not be implemented until it becomes effective, and
The resolution shall be announced in the specified media within two days after it takes effect.
3、 Reasons for termination of the Fund Agreement
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the fund contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
4、 Liquidation of fund assets
1. Fund asset liquidation team: within 30 working days from the date of the termination of the fund contract
The settlement team and the fund manager shall organize the fund assets liquidation team and conduct it under the supervision of the CSRC
Fund liquidation.
2. Composition of the Fund assets liquidation group: the members of the Fund assets liquidation group are the Fund Manager and the Fund Custodian
Custodians, certified public accountants, lawyers in line with the Securities Law of the People's Republic of China, and China Securities Regulatory Commission
The personnel composition will be specified. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody and clearing of the Fund assets
Management, valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Agreement, the Fund Assets Liquidation Team shall take over the Fund Assets in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets is six months, but the liquidity of the securities held by the Fund is limited
If it cannot be realized in time, the liquidation period may be extended accordingly.
5、 Liquidation expenses
Liquidation expenses refer to all contracts incurred by the fund assets liquidation team in the process of fund assets liquidation
The fund assets liquidation team shall pay the management fees and liquidation fees from the remaining assets of the fund in priority. During liquidation
Management fees and custody fees are not accrued.
6、 Distribution of residual assets in the liquidation of fund assets
According to the distribution plan for the liquidation of the fund assets, all remaining assets after the liquidation of the fund assets shall be deducted from the
After the fund assets liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion of various funds shall be distributed.
7、 Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The fund assets liquidation report has been approved in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the law firm shall issue a legal opinion
Later, it will be reported to the CSRC for filing and announcement. The fund assets liquidation announcement shall be submitted to the China Securities Regulatory Commission in the fund assets liquidation report
The Fund Assets Liquidation Group shall make an announcement within 5 working days after the Regulatory Commission records, and the Fund Assets Liquidation Group shall
When the liquidation report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper
On.
8、 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 period not less than the statutory minimum
Low deadlines.
Part XIX Summary of the Fund Contract
See Annex I for a summary of the contents of the fund contract.
Part XX Summary of the Fund Custody Agreement
See Annex II for the summary of the Fund Custody Agreement.
Part XXI Services for Fund Unitholders
The Fund Manager promises to provide a series of services to fund share holders. Here are the main clothes
The Fund Manager will increase or change the content of the Fund according to the needs of the Fund Unitholders and changes in the market
Service Items. The main services are as follows:
1、 Service of sending transaction information of fund share holders
After the end of each transaction, the fund share holder shall timely pass through the outlets of the sales institution after T+2 days
Query and print the confirmation form; Within 10 working days after the end of each quarter, the registration institution or fund manager
According to the wishes of the fund share holders, send a written or electronic message to the fund share holders who have transactions in the quarter
Send quarterly statements in the form of documents; Within 15 working days after the end of each year, the registration institution or fund management
The Manager shall, according to the wishes of the Fund Unitholders, provide written or electronic documents to all Fund Unitholders
Send the annual statement.
2、 Online services
Fund share holders can customize fund information through the fund manager's website www.zofund.com
Information and enjoy the investment reporting services provided by the Fund Manager for the Fund Unitholders.
3、 Inquiry and consulting services
The Customer Service Center of the Fund Manager provides 7 × 24 hours telephone voice service for fund share holders,
Fund share holders can go to the customer service hotline 021-68609700400-700-9700 (no longer required
Telephony fees) or visit the fund manager's website www.zofund.com
Financial account information, fund product introduction and other information. The manual seats are available during working hours (Monday to Friday, 9:00
- 17:00) will also provide thoughtful manual question answering services for fund share holders.
4、 Complaint acceptance
Fund share holders can call the customer service hotline 021-68609700400-700-9700
(Toll free) Complaints about the personnel and services of direct selling agencies and other sales agencies.
5、 If there is any content in this prospectus that you/your organization cannot understand, please use the above method
Contact the Fund Manager. Please ensure that you/your organization has fully understood this prospectus before investing.
Part XXII Storage and Reference Methods of Prospectus
After the prospectus is published, it shall be separately prepared for the fund manager, fund custodian and fund sales
The address of the institution shall be available for public reference and reproduction; A copy of this prospectus can also be purchased at the cost of production. throw
Investors can also directly log on to the fund manager's website for reference.
The Fund Manager and the Fund Custodian guarantee that the content of the text is completely consistent with the content of the announcement.
Part XXIII Documents for future reference
1、 Documents for future reference include:
1. Documents of China Securities Regulatory Commission approving the registration of China Europe Quality Selection Hybrid Securities Investment Fund
2. China Europe Quality Selection Hybrid Securities Investment Fund Contract
3. China Europe Quality Selection Hybrid Securities Investment Fund Custody Agreement
4. Legal Opinion
5. Business qualification approval document and business license of fund manager
6. Approval document and business license of fund custodian business qualification
7. Other documents required by the CSRC
2、 The storage place of the documents for future reference and the way for investors to view them:
The above documents for future reference are stored in the office of the Fund Manager and can be consulted free of charge during office hours.
China Europe Fund Management Co., Ltd
May 13, 2024
Annex I Summary of the Fund Contract
1、 Rights and obligations of fund share holders, fund managers and fund custodians
（1） Rights and obligations of fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the fund contract,
The fund investor shall become the fund share holder and the fund
The parties to the fund contract until they no longer hold the fund shares of the Fund. Fund share holders as the basis
The parties to the fund contract shall not be required to sign or seal the fund contract in writing.
Each fund unit of the same category has the same legal rights and interests.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders
Benefits include but are not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Apply for redemption or transfer of fund units held by them according to law;
(4) Convene a general meeting of fund unit holders or a general meeting of fund unit holders as required
meeting;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund service institution shall be harmed in accordance with
Legal action or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. In accordance with the Fund Law, the Operation Measures and other relevant provisions
Services include but are not limited to:
(1) Carefully read and abide by the fund contract, prospectus, fund product information summary and business rules
Such information disclosure documents;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Pay the fund subscription and subscription funds and the fees prescribed by laws, regulations and the fund contract;
(5) It is limited to bear fund losses or terminate fund contracts within the scope of fund units held by it
Responsibility;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Comply with relevant transactions and businesses of the Fund Manager, Fund Custodian, Sales Agency and Registration Agency
Business rules;
(10) Provide the information required by the fund manager and regulatory authority according to law, and update from time to time
And supplement, and guarantee its authenticity;
(11) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
（2） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operation Measures and other relevant provisions
Including but not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Agreement, the Fund shall be independently used and managed in accordance with laws, regulations and the Fund Agreement
Gold property;
(3) Collect fund management fees in accordance with the fund contract and those prescribed by laws and regulations or approved by the CSRC
other expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
If the fund contract and relevant national laws and regulations are violated, it shall be reported to the CSRC and other regulatory authorities, and
Take necessary measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency
Reason;
(9) Act as or entrust other qualified institutions to act as fund registration agencies to handle fund registration business
And obtain the fees specified in the fund contract;
(10) Decide on the distribution plan of fund income in accordance with the fund contract and relevant laws and regulations;
(11) Refuse or suspend the acceptance of subscription, redemption or conversion applications within the scope agreed in the fund contract
Please;
(12) Exercising shareholders' rights against the invested company for the benefit of the fund in accordance with laws and regulations
Interests Exercise the rights arising from the investment of fund assets in securities;
(13) Financing the Fund for the benefit of the Fund in accordance with the law, if permitted by laws and regulations;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager or
To commit other legal acts;
(15) Selection and replacement of law firms, accounting firms, securities brokers and futures brokers
Or other external institutions providing services for the Fund;
(16) Formulate and adjust relevant fund subscription and application on the premise of compliance with relevant laws and regulations
Business rules such as purchase, redemption, conversion and non trading transfer;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
Including but not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Agreement, the Fund shall be managed and applied in the principle of good faith, prudence and diligence
Gold property;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making, so as to be professional
Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure that the assets of the fund under management and the assets of the fund manager are mutually independent
Separate management, separate bookkeeping and securities investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used
To seek benefits for oneself and any third party, and shall not entrust any third party to operate the fund property;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Take appropriate and reasonable measures to calculate the subscription, purchase, redemption and cancellation prices of fund units
The method shall comply with the provisions of the fund contract and other legal documents, and the net value of the fund shall be calculated and announced in accordance with the relevant provisions,
Determine the price of subscription and redemption of fund units;
(9) Conduct fund accounting and prepare fund financial accounting reports;
(10) Prepare quarterly report, interim report and annual report;
(11) Information disclosure and
Reporting obligations;
(12) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. Except Fund
Unless otherwise specified in the Law of the People's Republic of China, the Fund Agreement and other relevant provisions, the Fund shall be insured before the public disclosure of fund information
Confidential, not disclosed to others, but required by competent authorities such as regulatory authorities, judicial authorities or relevant laws and regulations
Except for those provided to external professional consultants such as audit and legal consultants;
(13) Determine the fund income distribution plan as agreed in the fund contract, and timely report to the fund share holders
Distribution of fund income;
(14) Accept the application for subscription and redemption as required, and pay the redemption amount in time and in full;
(15) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund unit holders in accordance with the law, or to cooperate with the fund custodian and fund unit holders;
(16) Keep accounting books, statements, records and others of fund property management business activities as required
Relevant data shall not be less than the statutory minimum period;
(17) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and
And ensure that investors can check the fund related information at any time according to the time and method specified in the fund contract
Disclose materials and obtain copies of relevant materials at reasonable cost;
(18) Organize and participate in the fund assets liquidation team, and participate in the custody, clearing and evaluation of fund assets
Price, realization and distribution;
(19) Timely report to China Securities Regulatory Commission when faced with dissolution, legal revocation or legal declaration of bankruptcy
And notify the Fund Custodian;
(20) Loss of fund assets or damage to the legitimate rights of fund share holders due to violation of the fund contract
Yishi shall bear the liability for compensation, and its liability for compensation shall not be exempted by his retirement;
(21) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the custodian violates the fund contract and causes losses to the fund property, the fund manager shall pay the fund share holders
Recover from the Fund Custodian;
(22) When the fund manager entrusts its obligations to a third party, it shall deal with the third party
Responsibility for the conduct of fund affairs;
(23) In the name of the Fund Manager, on behalf of the Fund Unitholders, exercise litigation rights or implement
Other legal acts;
(24) If the Fund fails to meet the filing conditions for the Fund during the raising period, the Fund Contract cannot take effect
The fund manager shall bear all the raising costs, and pay the raised funds in the base plus the interest of bank demand deposits in the same period
The fund shall be returned to the fund subscriber within 30 days after the end of the fund raising period;
(25) Implement the effective resolutions of the general meeting of fund share holders;
(26) Establish and maintain the register of fund unit holders;
(27) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
（3） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of the Fund Custodian include
Including but not limited to:
(1) The Fund shall be safeguarded in accordance with laws, regulations and the provisions of the Fund Contract as of the effective date of the Fund Contract
Property;
(2) Obtaining fund custody fees, laws and regulations or regulatory approval in accordance with the fund contract
other expenses;
(3) Supervise the investment operation of the Fund Manager in the Fund. If the Fund Manager is found to have violated the Fund
The contract and national laws and regulations have caused significant losses to the fund property and the interests of other parties
And shall report to the CSRC and take necessary measures to protect the interests of fund investors;
(4) According to relevant market rules, open capital account, securities account and other investment accounts for the fund
To handle the clearing of securities and futures trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Custodian include
Including but not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) A special fund custody department shall be set up, with satisfactory business premises and sufficient
Qualified full-time personnel familiar with fund custody business, responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
Ensure the safety of the fund property, and ensure that the fund property under its custody is different from the fund custodian's own property
The fund assets of are mutually independent; Set up separate accounts for different funds under custody, conduct independent accounting and separate accounts
Management to ensure that different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used
To seek benefits for oneself and any third party, and shall not entrust any third party to trust the fund property;
(5) Custody of major contracts and certificates related to the Fund signed by the Fund Manager on behalf of the Fund
Syndrome;
(6) The fund account, securities account and other accounts required for investment of the fund property shall be opened according to the provisions
As agreed in the gold contract, clearing and delivery shall be handled in a timely manner according to the investment instructions of the fund manager;
(7) To keep fund business secrets, unless otherwise stipulated in the Fund Law, the Fund Contract and other relevant regulations
In addition, prior to the public disclosure of fund information, it shall be kept confidential and shall not be disclosed to others
Legal authorities and other competent authorities or relevant laws and regulations, or external professional consultants such as audit and law
Except where provided;
(8) Review and review the net fund asset value, net fund share value and fund share calculated by the fund manager
Amount of subscription and redemption price;
(9) To handle information disclosure related to fund custody business activities;
(10) To give opinions on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund,
Explain whether the Fund Manager operates in all important aspects in strict accordance with the provisions of the Fund Agreement; If
If the Fund Manager fails to implement the provisions of the Fund Contract, it shall also state whether the Fund Custodian has adopted
Appropriate measures;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities no less than
The minimum period stipulated by laws and regulations;
(12) Receive and keep the names of fund unit holders from the fund manager or its entrusted registration institution
Volume;
(13) Prepare relevant account books as required and check with the fund manager;
(14) Pay fund income to fund share holders in accordance with the instructions of the fund manager or relevant regulations
And redemption payments;
(15) Convene Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund share holders or to cooperate with the fund manager and fund share holders to convene a general meeting of fund share holders in accordance with the law;
(16) To supervise the investment operation of the Fund Manager in accordance with laws and regulations and the provisions of the Fund Contract;
(17) Participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation and realization of fund assets
And distribution;
(18) Timely report to China Securities Regulatory Commission when faced with dissolution, legal revocation or legal declaration of bankruptcy
And the banking regulatory authority, and notify the fund manager;
(19) If the Fund property is lost due to violation of the Fund Contract, it shall be liable for compensation
The post shall not be removed due to his retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws, regulations and the Fund Contract
In case of any loss of fund property caused by the Fund Manager's violation of the Fund Contract, the Fund Manager shall pay the fund share holders
Claim compensation from the fund manager;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and fund contract.
2、 Procedures and Rules for Convening, Deliberating and Voting of the General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, who are legally authorized by the fund unit holders
Representatives have the right to attend and vote on behalf of fund share holders. Each base held by fund share holders
Gold shares have equal voting rights.
The National People's Congress of the holders of Fund units of the Fund does not have a daily institution.
（1） Reason for convening
1. When one of the following events occurs or needs to be decided, a general meeting of fund unit holders shall be convened
Unless otherwise stipulated by laws and regulations, the CSRC or the fund contract:
(1) Terminate the fund contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standards of the Fund Manager and the Fund Custodian and increase the fund sales service rate;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(11) Funds that individually or collectively hold more than 10% (including 10%) of the total fund shares
Unit holders (calculated on the basis of fund units on the day when the Fund Manager or Fund Custodian receives the proposal
The same) request in writing to convene a general meeting of fund unit holders on the same matter;
(12) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(13) Laws and regulations, fund contracts or other provisions of the CSRC shall convene fund share holding
Matters concerning the general meeting.
2. Without violating the provisions of laws and regulations and the provisions of the fund contract, and without realizing the interests of fund share holders
Under the premise of qualitative adverse effects, the following circumstances may be modified by the Fund Manager and the Fund Custodian after consultation:,
It is not necessary to convene a general meeting of fund share holders:
(1) Collection of fund fees increased as required by laws and regulations;
(2) Adjust the subscription rate of the Fund, lower the fund sales service rate, change the charging method
Setting of fund unit categories of the whole fund;
(3) The Fund Contract shall be modified due to changes in corresponding laws and regulations;
(4) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment does not
Significant changes in the rights and obligations of the parties involved in the fund contract;
(5) Other circumstances under which it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the fund contract
Shape.
（2） Convener and convening method
1. Unless otherwise stipulated in laws and regulations or in the fund contract, the general meeting of fund share holders shall be managed by the fund
The manager calls.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, it shall
It shall be convened by the Fund Custodian on its own and notified to the Fund Management within 60 days from the date of issuing the written decision
The Fund Manager shall cooperate.
4. The fund share holders representing more than 10% (including 10%) of the fund shares shall submit a written request on the same matter
A written proposal shall be submitted to the Fund Manager for convening a general meeting of Fund Unitholders. The Fund Manager shall
Decide whether to convene the meeting within 10 days from the date of receiving the written proposal, and inform the proposed fund in writing
The holder's representative and the fund custodian. If the fund manager decides to convene the meeting, it shall issue a written decision
It shall be held within 60 days from the date of; The Fund Manager decides not to convene, representing more than 10% (including 10%) of the Fund shares
If the Fund Unitholders still consider it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. base
The fund custodian shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify in writing of the proposal
The representatives of the Fund Unitholders and the Fund Manager; If the Fund Custodian decides to convene the meeting, it shall issue its own
Within 60 days from the date of the written decision, the Fund Manager shall convene and notify the Fund Manager, who shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request to call
If a general meeting of fund unit holders is held and neither the fund manager nor the fund custodian convenes it, either alone or in aggregate
The Fund Unitholders representing more than 10% (including 10%) of the Fund units have the right to convene at least
The first 30 days shall be reported to the CSRC for filing. Fund unit holders convene fund unit holders' general meetings by themselves according to law
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and right of the meeting
Registration date.
（3） Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund unit holders, the convener shall, 30 days before the meeting
Notice. The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and proxy of the agent)
The time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to notify the meeting
The specific means of communication adopted by the National People's Congress of the Fund Unitholders, the entrusted notary authority and
Contact information and contact person, deadline for sending voting opinions and collection method.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund management in writing separately
People go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall
The Fund Manager and the Fund Custodian shall be notified in writing to go to the designated place to supervise the counting of votes
Du. If the Fund Manager or the Fund Custodian refuses to send representatives to supervise the counting of votes
The counting effect of the voice vote.
（4） Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders may be held by means of on-site meeting, communication meeting or laws, regulations, supervision
The meeting shall be held in other ways permitted by the governing body, and the convening method shall be determined by the convener of the meeting.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
Representatives shall attend the on-site meeting. The authorized representatives of the Fund Manager and the Fund Custodian shall attend the fund units as nonvoting delegates
The voting effect shall not be affected if the Fund Manager or the Fund Custodian does not send representatives to attend the shareholders' meeting. present
The agenda of the general meeting of Fund Unitholders can be held when the following conditions are met at the same time:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund units and the certificate of proxy voting authorization of the trustor comply with laws and regulations, fund contracts
In accordance with the provisions of the notice of the meeting, and the vouchers for holding fund units and the registration materials held by the fund manager
Conformity;
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that,
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date
1） . If the effective fund units represented by the participants on the equity registration date are less than those of the Fund on the equity registration date
One half of the total fund units, the convener may hold the meeting of fund unit holders at the time originally announced
The general meeting of fund unit holders shall be reconvened three months later and six months later on the matters originally scheduled for consideration.
The valid fund units represented by the attendees of the reconvened fund unit holders' meeting on the equity registration date shall
Not less than one-third (including one-third) of the total fund shares of the Fund on the equity registration date.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders submit their votes on voting matters in writing
Form or other methods agreed in the fund contract shall be delivered to the address designated by the convener or
System. The communication meeting shall be voted in writing or in other ways agreed in the fund contract.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) After the convener of the meeting publishes the notice of the meeting as agreed in the fund contract, it shall publish the notice of the meeting within 2 working days
Prompting announcement;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener,
The fund manager) to the designated place to supervise the counting of written votes. The convener of the meeting
Supervision of the Fund Custodian (or the Fund Manager if the Fund Custodian is the convener) and the notary organ
The written voting opinions of fund share holders shall be collected in the manner specified in the notice of the meeting; Fund Custodian
Or if the fund manager is notified not to participate in the collection of written voting opinions, the voting effect shall not be affected;
(3) Fund units that directly issue written opinions or authorize others to issue written opinions
The fund units held by the holder shall not be less than half (including half) of the total fund units on the equity registration date
One); If I directly issue written opinions or authorize others to issue written opinions on behalf of fund units
If the fund units held by the convener are less than half of the total fund units on the equity registration date, the convener may
The original decision shall be made within 3 months and 6 months after the time of the fund unit holders' meeting originally announced
The general meeting of fund unit holders shall be reconvened on the agenda. The reconvened general meeting of fund unit holders shall include
Directly issue written opinions or authorization on behalf of the holders of more than one-third (including one-third) of the fund units
Written opinions issued by other representatives;
(4) Fund share holders or entrusted representatives who directly issue written opinions in Item (3) above
The agent who has issued written opinions, the certificate of holding fund units submitted at the same time, and the written intention issued by the trustee
See the certificate of fund shares held by the principal and the proxy voting authorization certificate of the principal issued by the agent
It clearly complies with the provisions of laws and regulations, the fund contract and the notice of meeting, and is consistent with the records of the fund registration authority.
3. The Fund Unitholders of the Fund may also adopt
Authorize its agent to attend the general meeting of fund unit holders in other non written ways, and the specific way shall be called by the meeting
The participants shall determine and list in the meeting notice.
4. In terms of the way of holding the meeting, the Fund can also use other off-site ways or on-site ways to communicate with
The general meeting of fund share holders shall be held in a combination of off-site methods. The procedures of the meeting shall be compared with those of on-site meetings and
The procedure of meeting by means of communication.
（5） Discussion content and procedure
1. Discussion content and proposal right
The content of the proceedings shall be major matters related to the interests of fund share holders, such as major amendments to the fund contract
Change, decide to terminate the fund contract, change the fund manager, change the fund custodian, and cooperate with other funds
And other matters stipulated by laws and regulations and the Fund Contract, as well as the convener of the meeting deems it necessary to submit fund shares
Other matters discussed at the general meeting of shareholders.
Modification of the original proposal after the convener of the general meeting of fund unit holders sends the notice of convening the meeting
It shall be announced in time before the general meeting of fund unit holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine the
The scrutineers shall be determined and announced, and then the presider of the meeting shall read out the proposal, vote after discussion, and form
Meeting resolution. The presider of the meeting is the representative authorized by the fund manager to attend the meeting
If the Fund Custodian fails to preside over the meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If the base
If neither the authorized representative of the Fund Manager nor the authorized representative of the Fund Custodian can preside over the meeting
More than half (including half) of the voting rights held by gold share holders and agents shall be elected
The Fund Unitholders shall be the chairperson of the general meeting of the Fund Unitholders. Fund Manager and Fund
The custodian's refusal to attend or preside over the general meeting of fund unit holders shall not affect the decision of the general meeting of fund unit holders
The validity of the resolution.
The convener of the meeting shall prepare the signature book of the attendees. The signature book indicates the surname of the participants
Name (or unit name), ID document number, fund shares held or represented with voting rights
Name (or unit name) and contact information of the trustor.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the certification authority.
（6） Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. The general resolution shall be subject to the form held by the fund share holders or their agents attending the meeting
More than half (including half) of the voting rights are valid only after passing; Except for the requirements specified in item 2 below
Matters other than those passed by special resolution shall be passed by general resolution.
2. Special resolution, which shall be held by fund share holders or their agents attending the meeting
It can be made only after being approved by more than two-thirds (including two-thirds) of the voting rights. Change the operation mode of the fund
Change the Fund Manager or Fund Custodian, terminate the Fund Contract, merge the Fund with other funds to
The resolution is valid only after it is passed.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless the supervisor and the notary office consider that there is sufficient
To the contrary, otherwise submit the vote of confirming the investor's identity document specified in the meeting notice
Investors who are deemed to have attended the meeting effectively shall be deemed to have voted in writing in accordance with the provisions of the notice of the meeting
If the voting opinion is ambiguous or contradictory, it shall be deemed as abstention from voting, but it shall be included in the written opinion issued
The total number of fund units represented by the fund unit holders.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
Under the premise of the above rules, the specific rules are as follows:
Shall prevail.
（7） Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the meeting is held by
Although the Fund Unitholders themselves or the general meeting is convened by the Fund Manager or the Fund Custodian
If the Fund Manager or Fund Custodian fails to attend the meeting, the chairperson of the Fund Unitholders' meeting shall be present
At the beginning of the meeting, it was announced that three representatives of fund share holders would be elected from among the fund share holders present at the meeting
Serve as scrutinizer. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has different opinions on the voting results submitted
The number of votes demanded may be counted again immediately after the announcement of the voting results. The scrutineer shall enter
The line shall be re counted only once. After the re counting, the presider of the conference shall announce the re counting on the spot
New counting results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the meeting are based
Supervision of the authorized representative of the Fund Custodian (or the authorized representative of the Fund Manager if convened by the Fund Custodian)
And the notary office shall notarize the counting process. Fund Manager or Fund Custodian
Refusal to send representatives to supervise the counting of votes of written votes shall not affect the counting and voting results.
（8） Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC within 5 days from the date of adoption
It will be filed.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If mining
Vote by means of communication. When announcing the resolution of the general meeting of fund share holders, the notarial certificate must be completed
The text, the name of the notary office and the notary public will be announced together.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective holding of fund units
Resolution of the General Meeting of the People. The effective resolution of the general meeting of fund unit holders shall be applied to all fund unit holders and funds
The Manager and the Fund Custodian are both binding.
（9） Special agreement of the general meeting of fund share holders during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the proportion of relevant fund shares or voting rights refers to the holding of main pocket shares
The fund shares or voting rights held or represented by the person and the side pocket unit holder respectively meet these proportions, but if
If the matters to be convened and deliberated at the relevant fund unit holders' meeting do not involve the side pocket account, it only refers to the main pocket units
The fund shares or voting rights held or represented by the holder conform to such proportion:
1. The Fund Unitholders need to exercise the right to propose, convene and nominate on behalf of the relevant individual or aggregate representatives
More than one tenth (including one tenth) of the fund shares;
2. The fund units represented by the participants in the on-site meeting on the equity registration date shall not be less than that of the Fund in Quanyideng
One half (including one half) of the relevant fund shares on the record date;
3. Fund units that directly issue written opinions or authorize others to issue written opinions on behalf of correspondence meeting
The fund units held by the holder shall not be less than half (including two) of the relevant fund units on the equity registration date
1/1);
4. The fund units held by the fund unit holders who participate in the voting of the fund unit holders' meeting are small
One half of the relevant fund units on the equity registration date, and the fund unit holders previously announced by the convener
Fund units reconvened within 6 months and 3 months after the date of the meeting on the matters originally scheduled for consideration
The general meeting of shareholders shall have participants representing more than one-third (including one-third) of the relevant fund units
And or authorize others to participate in the voting of the general meeting of fund share holders;
5. One half of the voting rights of fund share holders and proxies present at the meeting
One fund share holder elected by the above (including one half) as the fund share holder of this time
The host of the meeting;
6. General resolutions shall be subject to half of the voting rights held by fund share holders or their proxies attending the meeting
More than one half (including one half) passed;
7. The special resolution shall be subject to three votes held by the fund share holders or their agents attending the meeting
More than two thirds (including two thirds) passed.
Each fund share in the same main side pocket account has equal voting rights.
（10） This part deals with the reasons, conditions and procedures for convening the general meeting of fund share holders
The voting conditions and other provisions, which directly refer to the laws and regulations, such as the revision of laws and regulations in the future
If the relevant content is cancelled or changed, the Fund Manager and the Fund Custodian may, after reaching an agreement and making an announcement in advance
Directly modify and adjust the contents of this part without convening a general meeting of fund share holders for deliberation.
3、 Causes and procedures for the dissolution and termination of the Fund contract and the liquidation method of the Fund assets
（1） Fund consolidation
The merger of the Fund with other funds shall be carried out in accordance with the procedures prescribed by laws and regulations.
（2） Change of Fund Contract
1. The Fund Unitholders shall be responsible for the change of the Fund Contract in accordance with the provisions of laws and regulations or this Fund Contract
If a resolution is passed at the general meeting, a general meeting of fund share holders shall be convened to pass the resolution. For laws and regulations
Matters that may not be approved by the General Meeting of Fund Unitholders as stipulated in the regulations and the Fund Contract shall be managed by the Fund
The Fund Custodian and the Fund Custodian agree on the change and make an announcement.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall not be implemented until it becomes effective, and
The resolution shall be announced in the specified media within two days after it takes effect.
（3） Reasons for termination of the Fund Agreement
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the fund contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
（4） Liquidation of fund assets
1. Fund asset liquidation team: within 30 working days from the date of the termination of the fund contract
The settlement team and the fund manager shall organize the fund assets liquidation team and conduct it under the supervision of the CSRC
Fund liquidation.
2. Composition of the Fund assets liquidation group: the members of the Fund assets liquidation group are the Fund Manager and the Fund Custodian
Custodians, certified public accountants, lawyers in line with the Securities Law of the People's Republic of China, and China Securities Regulatory Commission
The personnel composition will be specified. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody and clearing of the Fund assets
Management, valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Agreement, the Fund Assets Liquidation Team shall take over the Fund Assets in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets is six months, but the liquidity of the securities held by the Fund is limited
If it cannot be realized in time, the liquidation period may be extended accordingly.
（5） Liquidation expenses
Liquidation expenses refer to all contracts incurred by the fund assets liquidation team in the process of fund assets liquidation
The fund assets liquidation team shall pay the management fees and liquidation fees from the remaining assets of the fund in priority. During liquidation
Management fees and custody fees are not accrued.
（6） Distribution of residual assets in the liquidation of fund assets
According to the distribution plan for the liquidation of the fund assets, all remaining assets after the liquidation of the fund assets shall be deducted from the
After the fund assets liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion of various funds shall be distributed.
（7） Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The fund assets liquidation report has been approved in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the law firm shall issue a legal opinion
Later, it will be reported to the CSRC for filing and announcement. The fund assets liquidation announcement shall be submitted to the China Securities Regulatory Commission in the fund assets liquidation report
The Fund Assets Liquidation Group shall make an announcement within 5 working days after the Regulatory Commission records, and the Fund Assets Liquidation Group shall
When the liquidation report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper
On.
（8） 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 period not less than the statutory minimum
Low deadlines.
4、 Dispute resolution
The parties agree that all disputes arising from or in connection with the Fund Contract, except
If the dispute can be settled through friendly negotiation, it shall be submitted to the Shanghai International Economic and Trade Arbitration Commission
The arbitration shall be conducted in accordance with the effective arbitration rules in Shanghai. The arbitration award shall be final and
All parties concerned are binding. Arbitration fees and attorney fees shall be borne by the losing party, unless otherwise awarded by the arbitration
regulations.
During the dispute settlement period, the Fund Manager and the Fund Custodian shall strictly abide by their respective responsibilities, continue to be faithful
Fulfill the obligations specified in the Fund Agreement diligently and responsibly, and safeguard the legitimate rights and interests of the Fund Unitholders.
The Fund Contract shall be governed by the laws of China (for the purpose of this Fund Contract, excluding the laws of Hong Kong, Macao and Taiwan) and shall be governed by
Interpretation.
5、 Depository of fund contracts and ways for investors to obtain fund contracts
The fund contract may be printed in a volume for investors to register the fund
Check the office and business premises.
Annex II Summary of the Fund Custody Agreement
1、 Parties to the Fund Custody Agreement
（1） Fund manager
Name: China Europe Fund Management Co., Ltd
Address: Floor 8, No. 479, Lujiazui Ring Road, China (Shanghai) Pilot Free Trade Zone
Postal code: 200120
Legal representative: Dou Yuming
Time of establishment: July 19, 2006
Approved by: China Securities Regulatory Commission
Approval No.: Zheng Jian Ji Jin Zi [2006] No. 102
Organizational form: limited liability company
Registered capital: 220 million yuan
Duration: continuous operation
Business scope: fund raising; Fund sales; Asset management and other industries permitted by the CSRC
Business.
（2） Fund Custodian
Name: Guangzhou Rural Commercial Bank Co., Ltd
Registered address: No. 9, Yingri Road, Huangpu District, Guangzhou
Office address: No.1 Huaxia Road, Zhujiang New Town, Tianhe District, Guangzhou
Legal representative: Cai Jian
Time of establishment: October 27, 2006
Approval authority and approval number: CBRC Reply
[2009] No. 484
Organizational form: limited liability company
Registered capital: RMB 11.451 billion
Duration: continuous operation
2、 The Fund Custodian's business supervision and verification of the Fund Manager
（1） The Fund Custodian, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract
Supervise the fund's investment scope, investment proportion, investment restrictions, related party transactions, etc.
1. The investment scope of the Fund is:
The investment scope of the Fund is financial instruments with good liquidity, including domestic legal issuance and listing
Shares (including the main board, GEM, science and technology innovation board and other shares permitted by the CSRC to be issued and listed
Notes), depositary receipts, Hong Kong stocks, bonds (including government bonds, local government bonds, and government support
Institutional bonds, financial bonds, corporate bonds, corporate bonds, central bank notes, medium-term notes, short-term financing bonds, ultra short
Long term financing bonds, convertible bonds, exchangeable bonds, publicly issued subordinated bonds, and separately traded convertible bonds
Pure debt), asset-backed securities, bond repurchase, bank deposits, interbank deposit receipts, cash, derivatives
With (including treasury bond futures, stock index futures, stock options), credit derivatives (excluding contractual credit derivatives)
Raw products) and other financial instruments permitted by laws and regulations or the CSRC to be invested by the fund (subject to
Relevant regulations of the CSRC).
The Fund will participate in financing business in accordance with laws and regulations.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager shall perform the following duties:
After the procedure, it can be included in the scope of investment.
2. The investment proportion and investment restrictions of various varieties of the Fund are:
(1) The proportion of the Fund's investment portfolio is:
The investment proportion of stocks and depositary receipts in the Fund's investment portfolio is 60% - 95% of the Fund's assets; investment
The proportion of stock investment in Hong Kong Stock Connect shall not exceed 50% of all stock assets and depositary receipts; Each transaction
At the end of the day, after deducting the trading deposits required to be paid for stock index futures, treasury bond futures and stock option contracts
Cash holdings (excluding settlement provisions, deposits, subscription receivables, etc.) or maturity within one year
The total investment proportion of government bonds within 5% shall not be less than 5% of the net asset value of the fund; Stock options, stock index period
The investment proportion of commodities, treasury bond futures and other financial instruments shall be subject to laws and regulations or the provisions of the regulatory authority
that 's ok.
If laws and regulations or regulatory authorities change the investment proportion limit of investment varieties, the fund manager will
After proper procedures are followed, the investment proportion of the above investment varieties can be adjusted.
(2) The Fund's investment portfolio is subject to the following investment restrictions:
1) The investment proportion of stocks and depositary receipts in the Fund's investment portfolio is 60% - 95% of the Fund's assets; throw
The proportion of stock investment in Hong Kong Stock Connect shall not exceed 50% of all stock assets and depositary receipts;
2) At the end of each trading day, after deducting the amount of
After the transaction margin, keep cash (excluding the settlement reserve, deposit margin, subscription receivable, etc.)
Or the total investment proportion of government bonds with maturity within one year shall not be less than 5% of the net asset value of the fund;
3) The Fund holds the market value of securities issued by a company (the same company in the Mainland and Hong Kong
The total amount of A+H shares listed at the time) shall not exceed 10% of the net asset value of the fund;
4) All funds managed by the Fund Manager hold securities issued by one company (the same company
The total amount of A+H shares listed at the same time in the Mainland and Hong Kong shall not exceed 10% of the securities
The composition ratio of the index The types of funds invested in securities may not be subject to the proportion restrictions prescribed in this article;
5) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10% of net asset value;
6) The market value of all asset-backed securities held by the Fund shall not exceed the net asset value of the Fund
20％；
7) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
10% of the size of asset-backed securities;
8) Various asset support certificates of all funds managed by the Fund Manager invested in the same original equity holder
Securities shall not exceed 10% of the total size of its various types of asset-backed securities;
9) The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB). base
During the period when Jin holds asset-backed securities, if its credit rating declines and it no longer meets the investment standards, it shall
All of them will be sold within 3 months from the date of release of the level report;
10) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
11) The Fund shall not hold credit derivatives with the attribute of credit protection seller, and shall not hold contractual credit
With derivatives, the nominal principal of credit derivatives held shall not exceed the face value of the Fund's corresponding protected bonds
100% of;
12) The total nominal principal of various credit derivatives invested by the Fund in the same credit protection seller is not
May exceed 10% of the net asset value of the Fund;
Due to fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size and other fund managers
If the fund does not meet the proportion limit specified in the preceding 11) and 12) due to other factors, the fund manager shall
Adjust within 3 months;
13) All open-ended funds managed by the Fund Manager (including open-ended funds and open funds
Holding tradable shares issued by a listed company shall not exceed
15% of outstanding shares; All investment portfolios managed by the Fund Manager hold shares issued by a listed company
The tradable shares shall not exceed 30% of the tradable shares of the listed company; Completely according to the structure of the relevant index
Open ended funds investing in securities in proportion and special investment portfolios recognized by the CSRC may not be subject to
The foregoing proportional restrictions;
14) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net asset value of the Fund
15% of; Due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size and other fund managers
If the fund does not meet the limit of this proportion due to other factors, the fund manager shall not actively increase the liquidity limit
Investment of assets;
15) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the fund contract
Keep the enclosure consistent;
16) If the Fund participates in the trading of treasury bond futures and stock index futures, it shall comply with the following investment proportion limits
Prepared by:
① At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed
10% of net asset value;
② At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not exceed
15% of net asset value;
③ At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed that of the Fund
20% of the total market value of the shares held;
④ At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed that of the Fund
30% of the total market value of bonds held;
⑤ The transaction amount of stock index futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 20% of the net asset value of the Fund on the previous trading day;
⑥ Transaction amount of treasury bond futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 30% of the net asset value of the Fund on the previous trading day;
⑦ At the end of any trading day, the value of treasury bond futures and stock index futures contracts held by the Fund
The sum of the market value of securities shall not exceed 95% of the net asset value of the fund, of which securities refer to stocks and bonds
Securities (excluding government bonds with maturity of less than one year), asset-backed securities, redemptory financial assets for sale
(excluding pledge repurchase), etc;
⑧ The market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold, total (netting
Calculation) shall comply with the relevant provisions of the fund contract on the proportion of stock investment;
17) If the Fund participates in stock option trading, it shall comply with the following investment proportion restrictions:
① The total amount of premium paid and received by the Fund due to open position option contracts shall not exceed the fund assets
10% of net worth;
② Where the Fund opens positions to sell call options, it shall hold sufficient underlying securities; Open put option
Should hold the full amount of cash required for the exercise of the contract or the offsetting option margin recognized by the rules of the Exchange
Cash equivalents;
③ The par value of the option contracts with open positions of the Fund shall not exceed 20% of the net asset value of the Fund. Wherein
The nominal value is calculated by multiplying the exercise price by the contract multiplier;
18) If the Fund participates in financing, at the end of each trading day, the shares purchased for financing held by the Fund and
The sum of the market values of other securities shall not exceed 95% of the net asset value of the fund;
19) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund;
20) The proportion limit of the Fund's investment in depositary receipts shall be subject to the mainland listed stocks
The consolidated calculation of shares listed and traded in the local market;
21) Other investment restrictions stipulated by laws and regulations, the CSRC and the fund contract.
In addition to the above 2), 9), 11), 12), 14), 15) situations, due to the securities/futures market
Fluctuations, mergers of securities issuers, changes in fund size and other factors outside the fund manager cause fund investment
If the proportion does not conform to the above investment proportion, the Fund Manager shall adjust it within 10 trading days,
Except for the special circumstances stipulated by the CSRC. Where laws and regulations provide otherwise, such provisions shall prevail.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall conform to
Agreement of the mutual fund contract. The Fund Custodian's supervision and inspection of the Fund's investment has taken effect since the Fund Agreement came into force
Starting from.
Laws and regulations or regulatory authorities cancel or adjust the above restrictions. If applicable to the Fund, the Fund Manager
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or in accordance with the adjusted provisions.
3. The assets of the Fund shall not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to the Fund Manager and the Fund Custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations or the CSRC.
4. The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the actual controller or a company with other major interests or underwritten during the underwriting period
Securities of the Fund or other major related party transactions shall comply with the investment objectives and investment policies of the Fund
Omitted, follow the principle of giving priority to the interests of fund share holders, prevent conflicts of interest, and establish and improve the internal approval mechanism
The system and evaluation mechanism shall be implemented according to fair and reasonable market prices. Relevant transactions must be managed by the fund in advance
And disclosed in accordance with laws and regulations. Major connected transactions shall be submitted to the Board of Directors of the Fund Manager for review
And passed by more than two-thirds of the independent directors. The Board of Directors of the Fund Manager shall
Review related transactions.
5. Laws, administrative regulations or regulatory authorities cancel or adjust the above prohibitive provisions, if applicable to the Foundation
After performing appropriate procedures, the Fund may not be restricted by the above provisions or subject to the changed provisions
And no general meeting of fund share holders is required for such matters.
（2） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract
The fund manager selects the deposit bank for supervision. If a fund invests in a fixed deposit with a bank, the fund manager shall
Determine the names of all eligible deposit banks according to the provisions of laws and regulations and the Fund Contract
And provide it to the Fund Custodian in a timely manner, and the Fund Custodian shall use it as a basis for the transaction of the Fund's investment bank deposits
Supervise whether the counterparty complies with relevant regulations. For bank deposits that do not meet the requirements, the Fund Custodian may
And notify the fund manager.
The investment bank deposits of the Fund shall comply with the following provisions:
1. The proportion of the Fund's investment in fixed term bank deposits shall not exceed the net asset value of the Fund
30%, but the investment in bank deposits with deposit term that can be withdrawn in advance according to the agreement is not subject to the above proportion limit
System; Bank deposits and interbank deposit receipts invested in the same commercial bank with the qualification of fund custodian account for the fund
The total proportion of net assets shall not exceed 20%; Invest in the same business without the qualification of fund custodian
The total proportion of bank deposits and inter-bank deposit receipts in the net asset value of the Fund shall not exceed 5%.
Relevant laws and regulations or regulatory authorities formulate or modify new fixed deposit investment policies
After performing the appropriate procedures, the provisions of the portfolio restrictions may be adjusted accordingly.
2. The Fund Manager is responsible for evaluating and studying the deposit banks of the Fund, and establishing and improving the
Business process, job responsibilities, risk control measures and supervision and audit system to effectively prevent relevant risks. base
The Fund Custodian is responsible for the supervision and verification of the fixed deposit business of the Fund's banks, and the review and review of relevant agreements
Discussions, account information, investment instructions, deposit certificates and other relevant documents, and earnestly perform the custody responsibilities.
(1) The fund manager is responsible for controlling credit risk. Credit risk mainly includes the credit of deposit banks
The risk of deposit bank selection is related to the payment ability of deposit banks. Due to selection of deposit bank
The fund manager shall be liable for any loss of fund property caused improperly.
(2) The Fund Manager is responsible for controlling the liquidity risk and bearing the losses caused by ineffective control.
Liquidity risk mainly includes that the fund manager requires full withdrawal in advance, partial withdrawal in advance or withdrawal at maturity
However, the risk that the deposit bank fails to honor in time and the fund investment bank deposit cannot meet the normal settlement business of the fund
The risk of the transaction, the impact of the interest loss involved in the full or partial early withdrawal on the valuation, etc
To fund liquidity risk.
(3) The fund manager shall strengthen the construction of internal risk control system. In case of fund management personnel
If the fund property suffers losses due to the financial behavior, the fund manager shall bear the losses caused thereby.
(4) When carrying out fund deposit business, the Fund Manager and the Fund Custodian shall strictly observe
Law of the People's Republic of China, Operation Measures and other relevant laws and regulations, as well as relevant national account management, interest rate management and expenditure
Provisions on payment and settlement.
（3） Signing of fund investment bank deposit agreement, account opening and management, investment instructions and funds
Transfer, account verification, due payment, withdrawal in advance
1. Signing of the Fund Investment Bank Deposit Agreement
(1) The fund manager shall sign the "Fund Deposit Agreement" with the head office of a qualified deposit bank or its authorized branch
The General Cooperation Agreement on Cash Business (hereinafter referred to as "the General Cooperation Agreement"), which determines the Deposit Agreement
The format of the book. The format of the Overall Cooperation Agreement and the Deposit Agreement shall be managed by the Fund
And the Fund Manager.
(2) The Fund Custodian shall, in accordance with relevant laws and regulations
Allow for review, review of deposit bank qualification, etc.
(3) The Fund Manager shall specify the deposit certificate or other valid certificates of deposit in the Deposit Agreement
The handling method, mailing address, contact person and telephone number of the certificate, as well as the deposit certificate or other valid certificates
Confirmation and cashing method of the deposit balance after the certificate is lost in the mail.
(4) The deposit branch designated by the deposit bank (hereinafter referred to as "deposit branch")
The Fund Custodian may deposit with
The superior bank of the deposit branch shall issue the confirmation letter of deposit balance, and the deposit branch and its superior bank shall allocate
Close.
(5) The Fund Manager shall specify in the Deposit Agreement that the funds deposited are due or cashed in advance
All funds shall be transferred to the designated fund custody account, and the account name and
Account number, if not transferred to the designated account, the deposit bank shall bear all responsibilities.
(6) The Fund Manager shall stipulate in the Deposit Agreement that during the deposit period, such as the Bank Account of the Fund
In case of any change in the reserved seal of the account, the fund manager shall promptly notify the depository bank in writing, and the written notice shall be stamped
The Fund Custodian reserves a seal. The deposit branch shall timely report the change to the fund manager and fund trust
The administrator shall issue a formal written confirmation. The service method of the change notice is the same as the account opening procedures. Deposit
If the designated contact person of the branch and the fund custodian changes, it shall notify the other party in writing in a timely manner with the official seal affixed.
(7) The Fund Manager shall stipulate in the Deposit Agreement that the certificates of deposit arising from time deposits shall not
Pledged or mortgaged in any way shall not be used for transfer or endorsement.
2. Account opening and management when the fund invests in bank deposits
(1) When the Fund invests in bank deposits, the Fund Manager shall, in accordance with the requirements of the Fund Manager and the deposit bank
The General Cooperation Agreement, Deposit Agreement, etc. signed in the name of the fund in the head office of the deposit bank
Or authorize the branch designated by the branch to open a bank account.
(2) The reserved seal of the Fund when investing in bank deposits shall be kept and used by the Fund Custodian.
3. Transfer of deposit certificates, account verification and due cashing
(1) Transfer of deposit certificates such as deposit certificates
Deposit funds can only be deposited in the branch designated by the head office of the deposit bank or its authorized branch. fund
The manager shall stipulate in the Deposit Agreement that the branch of the deposit bank shall issue a deposit certificate for the fund
Letter or other valid deposit certificates (hereinafter referred to as "deposit certificates"), which are fund deposit confirmation or
A valid voucher for withdrawal at maturity, and only a unique deposit voucher can be issued for each deposit. Funds received
The accounting supervisor designated by the branch of the deposit bank shall fax a copy of the deposit certificate and send it to the
After the custodian confirms the receipt by recording the telephone, the original of the deposit certificate will be sent by express or delivered to the fund depository
Contact person designated by the administrator; If a branch of a depository bank keeps a deposit certificate on its behalf, the branch of the depository bank shall
The designated accounting officer of the institution faxes a copy of the deposit certificate and confirms receipt with the fund custodian by recording the telephone
Good.
(2) Replacement of lost deposit certificates
If the deposit certificate is lost in the process of mailing, the fund manager shall apply to the deposit bank for reissue,
The Fund Manager shall urge the deposit bank to reissue the deposit certificate as soon as possible, and send it by express or on
The original deposit certificate will be automatically invalidated when it is delivered to the fund custodian.
(3) Reconciliation of accounts
Each working day, the Fund Manager shall check with the Fund Custodian the investment balance of each bank deposit and
Accrue interest.
The Fund Manager shall stipulate in the Deposit Agreement that the fixed deposit with a deposit term of more than 3 months
The Fund Custodian shall initiate inquiry and reply to the deposit bank every quarter, and the deposit bank shall
The time limit for bank inquiry and reply shall be replied in time. The fund manager has the responsibility to urge the deposit bank to be timely
Reply to query and reply. The responsibility for misappropriation and theft of funds due to the failure of the deposit bank to reply in time shall be borne by the deposit
The bank undertakes.
The deposit bank shall cooperate with the fund custodian to inquire about the certificate of deposit and stamp the deposit bank on the letter of inquiry
The official seal of the Bank shall be sent to the designated contact person of the Fund Custodian.
(4) Cash at maturity
The Fund Manager shall notify the Fund Custodian in advance to send the original deposit certificate to the deposit bank by express
The accountant designated by the branch. If the deposit bank has not received the original deposit certificate, it shall contact the fund custodian by telephone
Ask. Before the deposit matures, the Fund Manager shall confirm with the deposit bank that the deposit certificate is received and cashed on the maturity date
Deposit principal and interest matters.
When the Fund Custodian fails to receive the principal and interest of the deposit on the maturity date of the deposit or the amount of the principal and interest of the deposit is inconsistent, it shall notify the Fund Custodian
The fund manager shall contact with the deposit bank about the time of deposit arrival and the supplementary payment of interest. The fund manager shall contact
The results shall be notified to the Fund Custodian, who shall notify the Fund Manager on the day when it receives the principal and interest of the deposit.
The Fund Manager shall stipulate in the Deposit Agreement that if a deposit certificate is lost in the mail,
The deposit bank shall immediately notify the Fund Custodian who shall affix its official seal on the copy of the original deposit certificate
After issuing the relevant supporting documents and confirming with the designated accounting supervisor of the deposit bank by voice recording, the deposit bank
The principal and interest of the deposit shall be transferred to the designated fund account on the maturity date. If the deposit due date is a legal holiday
The deposit bank shall postpone the payment to the first working day after maturity, and the deposit bank shall pay the interest rate agreed in the original agreement
And the actual days of delay.
4. Withdrawal in advance
If within the deposit term, due to the reduction of fund size or liquidity management
The fund manager may withdraw all or part of the funds in advance due to needs and other reasons.
The specific matters of early withdrawal shall be subject to the Deposit Agreement signed between the Fund Manager and the deposit bank
that 's ok.
5. Supervision of fund investment bank deposits
The Fund Custodian finds that the Fund Manager violates the provisions of relevant laws and regulations when making deposit investment
And the behaviors agreed in the Fund Contract shall be notified to the Fund Manager in writing in a timely manner
Make corrections within a day. The Fund Manager fails to notify the Fund Custodian of the violation within 10 working days
In case of correction, the Fund Custodian shall report to the CSRC. The Fund Custodian finds that the Fund Manager has major violations
The fund manager shall immediately report to the CSRC and notify the fund manager to correct within 10 working days
Or refuse to settle. If the Fund Manager refuses to execute, resulting in the loss of the Fund's property, the relevant loss shall be borne by the Fund
The Manager shall bear, and the Fund Custodian shall not bear any responsibility.
（4） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract
The gold manager participates in the supervision of the inter-bank bond market. The Fund Manager shall, prior to the investment and operation of the Fund
The Fund Custodian provides banks that comply with laws, regulations and industry standards, have been carefully selected, and are applicable to the Fund
List of counterparties in the inter-bank bond market and agree on the transaction settlement method applicable to each counterparty. Fund management
The Manager is responsible for ensuring that the updated list of counterparties is sent to the Fund Custodian in a timely manner, otherwise
The losses incurred shall be borne by the fund manager. If the fund manager fails to submit the fund
If the custodian provides the list of counterparties in the inter-bank bond market, it is deemed that the fund manager recognizes the whole market trading pair
Hands. The Fund Manager shall select trading pairs in the inter-bank bond market in strict accordance with the scope of the list of counterparties
Hands. The Fund Custodian supervises whether the Fund Manager has followed the name of the counterparty in the inter-bank bond market provided in advance
Single transaction. During the duration of the Fund, the Fund Manager may adjust the list of counterparties, but shall
The results shall be notified to the Fund Custodian in writing at least one working day in advance. When the new list is determined, it has been eliminated
Transactions conducted by counterparties but not yet settled shall still be settled in accordance with the agreement, but no new transactions shall occur
Transaction. If the fund manager temporarily adjusts the list of inter-bank bond counterparties and settlement according to market needs
The reason shall be explained to the fund custodian and within 3 trading days before the transaction with the counterparty
Negotiate with the Fund Custodian.
The fund manager is responsible for controlling the credit standing of the counterparty, and entering into the market according to the trading rules of the inter-bank bond market
And be responsible for resolving disputes and losses caused by the counterparty's failure to perform the contract. In case of non performance
The counterparty has not undertaken the liability for breach of contract and other relevant legal liabilities within the time determined by the fund manager
The fund manager may first bear the corresponding losses, and then recover from the relevant counterparties.
The Fund Custodian shall supervise the performance of the contract according to the transaction sheet of the inter-bank bond market. Such as Gikinto
When the administrator discovers that the fund manager has not transacted in accordance with the agreed counterparty
The Fund Custodian shall timely remind the Fund Manager that the Fund Custodian will not bear any losses and liabilities arising therefrom.
（5） The Fund's investment in tradable restricted securities shall comply with the Regulations on the Fund's Investment in Non publicly Issued Shares
And other relevant regulatory regulations.
1. The scope of restricted negotiable securities is not completely consistent with that of restricted liquid assets mentioned above, including
Non public offering and public offering of shares regulated by the Administrative Measures for the Issuance and Registration of Securities of Listed Companies
The tradable securities, such as offline placement, which are clearly locked for a certain period at the time of issuance, do not include those issued due to
Securities temporarily suspended due to major news or other reasons, issued and unlisted securities, and quality in repurchase transactions
Pledge and other negotiable restricted securities.
The Fund may invest in non-public securities approved by the China Securities Regulatory Commission, and it is limited to Chinese securities
Registration and Settlement Co., Ltd., Central Government Securities Registration and Settlement Co., Ltd. or Inter bank Market Clearing House
A company limited by shares is responsible for registration and custody, and can pay in the stock exchange or the national inter-bank bond market
Easy Securities.
The Fund shall not invest in non-public securities without the approval of the CSRC.
The Fund shall not invest in securities with an indefinite lock up period.
2. The Fund Manager shall provide the Fund Custodian with the Fund Fund Fund Fund
Investment decision-making process and risk control of restricted securities for fund investment and circulation approved by the Board of Directors of the Fund Manager
System. The Fund Manager shall also provide the approval of the Board of Directors of the Fund Manager when the Fund invests in non-public issuance of shares
Liquidity risk disposal plan. The above information shall include but not be limited to the investment of the Fund in restricted securities
Control of capital amount and investment proportion.
The Fund Manager shall send the above information in writing at least two working days before the first execution of the investment order
To the Fund Custodian to ensure that the Fund Custodian has enough time to review. The Fund Custodian shall, upon receipt of
Within two working days after the above information is received, confirm the receipt of the above information by sending a scanned copy in writing or email
Information.
The Fund Manager shall be responsible for the liquidity risk of the Fund's investment in restricted securities and ensure that it is responsible for relevant risks
The insurance company shall take active and effective measures to effectively solve the liquidity problem of fund operation within a reasonable time. as
When the cash flow of the fund is difficult due to the huge redemption of the fund or drastic changes in the market
The manager shall guarantee to provide sufficient cash to ensure the payment and settlement of the fund, and bear all losses. For the Fund
The Fund Custodian shall not bear any responsibility for the liquidity risk caused by the investment in restricted securities.
3. Before the Fund invests in restricted securities, the Fund Manager shall provide the Fund Custodian with information that complies with laws and regulations
Relevant written information required by the regulations, including but not limited to the approval document of the CSRC of the proposed securities issuing subject
Pieces, the number of securities issued, the issue price, the lock up period, the number, price, total cost of the fund to be subscribed
Subscription funds to be transferred, time of fund transfer, etc. The Fund Manager shall guarantee the authenticity and completeness of the above information
And shall send the above information to the fund custody in writing at least two working days before the proposed implementation of the investment order
To ensure that the Fund Custodian has sufficient time to review.
Due to the Fund Manager's failure to timely provide specific and necessary information on securities, the Fund is placed in custody
If the Fund Custodian is unable to review the subscription order and the transfer of subscription funds is affected, the Fund Custodian shall be exempted from liability.
4. The Fund Custodian shall review the fund management in accordance with laws and regulations, the Fund Contract and the Custodian Agreement
People's investment in restricted securities. If the Fund Manager is found to have violated the Fund Contract and Custody
The relevant provisions of the Agreement and other relevant laws and regulations shall be notified to the Fund Manager in a timely manner and submitted to the
The CSRC shall take reasonable measures to protect the interests of fund investors. The Fund Custodian has the right to
The investment instructions of the Manager in violation of laws and regulations as well as the Fund Contract and the Custody Agreement shall not be executed
And immediately notify the fund manager to correct, and the fund manager refuses to correct or has signed a contract on behalf of the fund
If it has to be implemented, the Fund Custodian shall report to the CSRC.
5. The fund manager shall, within two trading days after the fund invests in the non-public offering of shares
The media will be required to disclose the name, quantity, total cost and book value of the non-public offering shares invested, and
The proportion of total cost and book value in the net asset value of the fund, lock up period and other information.
（6） The fund manager shall study the business of investing in medium-term notes and carefully evaluate the medium-term notes
For the risk of investment business, the investment business of medium-term notes shall be carried out in the principle of prudence, diligence and responsibility, and shall
Comply with laws, regulations and relevant regulations of regulatory authorities.
（7） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract
Net value calculation of gold assets, net value calculation of various fund units, receipt of funds receivable, fund expenses and receipts
Confirmation of fund entry, distribution of fund income, relevant information disclosure, and publication of fund performance statement in fund promotion materials
The current data shall be monitored and verified.
（8） The Fund Custodian discovers the above matters and investment instructions or actual investment operation of the Fund Manager
In case of violation of laws and regulations, the Fund Contract and this Custodian Agreement, it is required to record phone calls and emails in a timely manner
Or notify the fund manager to make corrections within a time limit by means of written prompts. The Fund Manager shall actively cooperate and assist
Supervision and verification of the gold custodian. The fund manager shall check and reply to the fund custody in a timely manner after receiving the notice
For the written notice received, the Fund Manager shall send a reply in writing to the Fund Custodian,
Explain or provide evidence on the Fund Custodian's doubts, explain the reasons for violation and the time limit for correction. In the above provisions
Within the time limit, the Fund Custodian has the right to review the notice at any time and urge the Fund Manager to make corrections. base
If the Fund Manager fails to correct the violations notified by the Fund Custodian within the time limit, the Fund Custodian shall report
Inform the CSRC.
（9） The Fund Manager has the obligation to cooperate and assist the Fund Custodian in accordance with laws and regulations
The fund business shall be checked in accordance with the Regulations and this Custodian Agreement. Including but not limited to:
Remind that the Fund Manager shall reply and correct within the specified time, or explain the doubts of the Fund Custodian
Interpreting or adducing evidence; The Fund Custodian shall, in accordance with the requirements of laws and regulations, the Fund Agreement and this Custodian Agreement
The Fund Manager shall actively cooperate with the CSRC to provide relevant data on the matters submitted to the Fund Supervision Report
And systems.
（10） If the Fund Custodian finds that the instructions of the Fund Manager that have become effective according to the trading procedures violate the law
In case of violation of laws, administrative regulations and other relevant provisions, or the Fund contract, the Fund shall be notified immediately
The Manager shall correct in time, and the losses caused thereby shall be borne by the Fund Manager, and the Fund Custodian shall perform its own procedures
Exempt from liability after knowing the obligation.
（11） If the Fund Custodian finds that the Fund Manager has major violations, it shall report to the CSRC in a timely manner
The Supervisory Commission shall also notify the fund manager to make corrections within a time limit.
3、 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, and check the package
Including the Fund Custodian's safe custody of fund assets, the opening of fund accounts, securities accounts and other investments of fund assets
The required account, the net value of fund assets calculated by the fund manager and the net value of various fund units
The fund manager instructs clearing and settlement, relevant information disclosure and supervision of fund investment operations.
（2） The Fund Manager discovers that the Fund Custodian misappropriates the Fund assets without authorization and fails to implement
Separate account management, failure to execute or unreasonably delayed execution of fund manager's fund transfer instructions, disclosure of fund investment letter
In case of any violation of the Fund Law, the Fund Contract, the Custody Agreement and other relevant provisions, the interest shall be promptly written
Inform the Fund Custodian to make corrections within a time limit. After receiving the written notice, the Fund Custodian shall
Timely check and send a written reply to the fund manager, stating the reasons for the violation and the time limit for correction, and
Ensure timely correction within the specified time limit. The Fund Manager has the right to notify
Review the matter and urge the Fund Custodian to make corrections.
（3） The Fund Custodian has the obligation to cooperate and assist the Fund Manager in accordance with laws, regulations and the Fund Contract
And this Custody Agreement, including but not limited to: the written information sent by the Fund Manager
Remind that the Fund Custodian shall reply and correct within the specified time, or explain the doubts of the Fund Manager
Interpreting or adducing evidence; The Fund Custodian shall actively cooperate in providing relevant materials for the Fund Manager to verify the custody property
The integrity and authenticity of.
（4） If the Fund Manager finds that the Fund Custodian has major violations, it shall report to the CSRC in a timely manner
At the same time, the Fund Custodian shall be notified to correct within a time limit, and the correction results shall be reported to the CSRC.
4、 Fund property custody
（1） Principles of Fund Property Custody
1. The fund property shall be independent of the inherent property of the fund manager, the fund custodian and the securities brokerage institution
Production.
2. The Fund Custodian shall keep the Fund assets in safe custody.
3. The Fund Custodian shall open relevant accounts required for the investment of the Fund assets in accordance with the provisions.
4. The Fund Custodian shall set up separate accounts for different fund assets under its custody for independent accounting and separate account management
Manage and ensure the integrity and independence of fund assets.
5. The Fund Custodian shall, according to the instructions of the Fund Manager, keep it in accordance with the Fund Contract and this Agreement
Fund assets. Without the proper instructions of the fund manager, they shall not use, dispose of or distribute the funds themselves
What assets. Assets and physical securities not under the actual and effective control of the Fund Custodian are held in the Fund Custodian
The Fund Custodian shall not be liable for any damage or loss during the custody period.
6. The Fund Manager shall be responsible for communicating with the relevant parties about the assets receivable arising from the fund investment
Determine the date of receipt and notify the Fund Custodian that if the fund property fails to reach the fund account on the date of receipt,
The Fund Custodian shall timely notify the Fund Manager to take measures for collection, and the Fund Manager shall be responsible for
The relevant parties shall recover the losses of the fund property.
7. The Fund Custodian's deposit or custody arising from the Fund Manager's investment is outside the Fund Custodian
Fund assets of institutions, or fund assets handed over to futures companies or securities companies for clearing and settlement (including
But not limited to the funds, futures contracts, etc. in the futures margin account) and their income
The fraud, negligence, fault or bankruptcy of a third party other than the parties to this agreement, such as the member unit of the institution
No liability shall be assumed for losses caused by fund assets.
8. Except in accordance with laws and regulations and the provisions of the Fund Contract, the Fund Custodian shall not entrust a third person to custody
Fund assets.
（2） Fund raising period and capital verification of raised funds
1. A "special account for fund raising" shall be opened for the funds raised during the fund raising period. The account is managed by the fund
People open and manage.
2. When the fund raising period expires or the fund is stopped, the total amount of fund units raised and the fund raised
After the amount and the number of fund share holders meet the relevant provisions of the Fund Law and the Operation Measures
The manager shall transfer all funds belonging to the fund property to the fund fund account opened by the fund custodian for the fund
At the same time, within the specified time, the application of the fund manager meets the requirements of the Securities Law of the People's Republic of China
The designated accounting firm shall verify the capital and issue a capital verification report. The capital verification report issued by 2
Only signed by or more than two Chinese certified public accountants is valid.
3. If the fund raising period expires and the conditions for the effectiveness of the fund contract are not met, the fund manager shall
It is required to handle refund and other matters.
（3） Opening and management of fund account
1. The Fund Custodian shall open a fund account (also known as
"Custodian account"), keep the bank deposit of the fund, and handle the fund according to the instructions of the fund manager
Collection and payment. The name of the escrow account should be "China Europe Quality Selected Hybrid Securities Investment Fund", and the reserved seal should be
Seal of the Fund Custodian.
2. The opening and use of the Fund's capital account shall be limited to meet the needs of conducting the Fund's business. Gikinto
The Custodian and the Fund Manager shall not open any other bank account in the name of the Fund; And shall not be used
Any account of the Fund conducts activities other than the business of the Fund.
3. The opening and management of the fund account shall comply with laws and regulations and the requirements of the banking regulatory authority
Relevant regulations.
（4） Opening and management of fund securities accounts and securities capital accounts
1. The Fund Custodian is located in the Shanghai Branch and Shenzhen Branch of China Securities Depository and Clearing Co., Ltd
Open a securities account jointly named by the Fund Custodian and the Fund for 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. fund
The Custodian and the Fund Manager shall not lend or transfer any securities account of the Fund without the consent of the other party,
It is also prohibited to use any account of the Fund for activities other than the business of the Fund.
3. The fund custodian shall be responsible for the opening of the fund securities account and the safekeeping of the securities account card. The account assets
The fund manager shall be responsible for the management and application of the fund.
4. The Fund Manager shall open in the name of the Fund at the business outlets of the securities operating institutions selected by the Fund Manager
Establish a securities capital account. The securities operating institution shall open the fund in accordance with relevant laws, regulations and normative documents
Relevant capital accounts, and sign a contract with the fund manager in accordance with the procedures and requirements of the securities operating institution for opening accounts
Agreement.
5. The securities trading capital of the Exchange adopts the third-party depository mode, that is, it is used for all securities trading settlement funds
The amount is deposited in the securities capital account opened by the fund manager for the fund, and the securities trading capital in the market is cleared
The securities company selected by the fund manager shall be responsible. The Fund Custodian is not responsible for handling the securities trading on the market
Capital clearing is not responsible for keeping the funds deposited in the securities capital account.
6. If the CSRC or other regulatory authorities allow the fund to engage in its
If the investment business of other investment varieties involves the opening and use of relevant accounts, they shall be opened and used in accordance with relevant regulations
Use and manage; In the absence of relevant provisions, the Fund Custodian shall refer to the above provisions on account opening and use
Execution.
（5） Opening and management of bond custody account
After the Fund Contract comes into force, the Fund Custodian shall, in accordance with the People's Bank of China and the Central Government Securities Depository Trust Co., Ltd
Relevant regulations of the responsible company and the inter-bank market clearing house Co., Ltd
The inter-bank market registration and settlement institution shall open a bond custody account and settle the inter-bank market bonds on behalf of the Fund
Calculate.
（6） Opening and management of other accounts
1. The Fund Manager shall open a futures margin account and futures trading code according to the investment needs and regulations
The Fund Custodian shall open futures settlement accounts and other accounts required for investment in accordance with regulations. Complete the above account opening
After that, the fund manager shall submit the initial funds of the futures margin account provided by the futures company in writing
The Fund Custodian shall be informed of the password and the login user name and password of the Market Monitoring Center. Capital password and market supervision
The fund manager shall reset the login password of the control center, and must notify the custodian in time after the reset.
The Fund Custodian and the Fund Manager shall cooperate with each other in the process of opening accounts and provide the necessary information.
The Fund Manager guarantees the authenticity and validity of the account opening materials provided, and changes the relevant materials
The changed information shall be provided to the Fund Custodian in a timely manner.
2. Other accounts opened for business development may be subject to laws, regulations and fund contract
The Fund Manager shall assist the Fund Custodian to negotiate in accordance with relevant laws and regulations and this Agreement
stand. The new account shall be used and managed according to relevant regulations.
3. If laws and regulations and other relevant provisions provide otherwise for the opening and management of relevant accounts, such provisions shall prevail
Li.
（7） Custody of relevant valuable certificates of fund property investment
Valuable certificates such as physical securities invested by the Fund assets shall be deposited in the Fund by the Fund Custodian as agreed
Custodian's vault, or deposit in the Central Government Securities Depository and Clearing Co., Ltd. and the inter-bank market clearing house
The depository of a joint stock limited company, China Securities Depository and Clearing Corporation Limited or a bill business center,
The physical custody certificate shall be held by the Fund Custodian. The purchase and transfer of negotiable instruments such as physical securities shall be handled by the Fund
The custodian shall handle according to the instructions of the fund manager. The Fund Custodian's custody of the above depository institution and the Fund
Valuable vouchers actually and effectively controlled by institutions other than people shall not bear the responsibility for safekeeping.
（8） Custody of major contracts related to fund assets
The originals of major contracts signed by the Fund Manager on behalf of the Fund and related to the Fund assets shall be
The Fund Manager and the Fund Custodian shall keep them. Unless otherwise specified in this Agreement, the Fund Manager shall sign on behalf of the Fund
Major contracts related to the fund property signed by the Fund Manager and the Fund Custodian shall ensure that each of them holds at least one
Originals. The Fund Manager shall fax the major contract to the Fund Custodian in a timely manner after the signing of the major contract
The custodian shall deliver the original to the fund custodian within 30 working days. Contract sent by the fund manager
The Fund Manager shall be responsible for the consequences caused by the inconsistency between the simultaneous authentic copy and the original contract delivered afterwards. heavy
The storage period of the large contract shall not be less than the minimum period specified by laws and regulations.
If it is impossible to obtain more than two originals, the Fund Manager shall provide the Fund Custodian with an official seal
The original contract shall not be transferred unless both parties reach an agreement through consultation. The Fund Manager shall report to the Fund
If the fax of the contract provided by the custodian is inconsistent with the original retained by the fund manager, the fax shall prevail.
5、 Calculation and accounting of fund net asset value
（1） Time and procedure for calculation, review and completion of net asset value of the Fund
1. Net value of fund assets
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 refers to the net value of various fund assets divided by this category on the valuation date after the market is closed on the valuation date
The total number of fund units and the calculation of the net value of various fund units are all accurate to 0.0001 yuan, the fifth after the decimal point
Digits are rounded off, and the resulting errors are included in the fund assets. Under special circumstances, the Fund Manager may
The fund custodian and the registration institution negotiate to increase the number of calculation digits of the net value of fund units to safeguard the interests of fund investors
Benefits. The Fund Manager may establish an emergency adjustment mechanism for the accuracy of net worth in the case of large redemption. Other countries
If it is stipulated, its provisions shall prevail. Fund shares will be calculated separately for Class A fund shares and Class C fund shares of the Fund
Net worth.
The fund manager calculates the net asset value of the fund and the net value of various fund units on each valuation date, and
Reviewed by the administrator and announced as required.
2. Review procedure
After the Fund Manager evaluates the assets of the Fund on each valuation date, the net asset value of the Fund
The net value of units and the amount sent to the Fund Custodian shall be reviewed by the Fund Custodian as agreed
Publicity.
3. According to relevant laws and regulations, the obligations of the calculation of the net asset value of the Fund and the accounting of the Fund shall be managed by the Fund
The manager shall bear the responsibility. The fund manager is the fund accounting responsible party of the Fund. Therefore, the Fund has
If the relevant parties still cannot reach an agreement on accounting issues after full discussion on an equal basis
The fund manager shall publish the calculation results of the fund net value information.
（2） Valuation of Fund Assets
The Fund Manager and the Fund Custodian shall conduct valuation in accordance with the provisions of the Fund Contract.
（3） Treatment method for net value error of fund units
The Fund Manager and the Fund Custodian shall handle the net value of the Fund units in accordance with the provisions of the Fund Contract
Error.
（4） Fund accounting system
The accounting system stipulated by relevant national departments shall be followed.
（5） Establishment of fund account book
After the Fund Agreement comes into force, the Fund Manager and the Fund Custodian shall keep accounts in the same way as agreed by both parties
Methods and accounting treatment principles, independently set up, record and keep the full set of account books of the Fund
The respective account books of the relevant parties shall be regularly checked and mutually supervised to ensure the safety of the fund assets.
（6） Preparation and review of fund financial statements and reports
1. Preparation of financial statements
The financial statements of the Fund shall be prepared by the Fund Manager and reviewed by the Fund Custodian.
2. Report review
After receiving the financial statements of the Fund prepared by the Fund Manager, the Fund Custodian shall independently review them.
In case of any discrepancy, the Fund Manager shall be notified in a timely manner to jointly find out the reason and make adjustment until both parties' data
Exactly the same.
3. Preparation and review schedule of financial statements
The Fund Manager and the Fund Custodian shall complete the monthly statements within 5 working days after the end of each month
Preparation and review; Complete the preparation of the quarterly report of the Fund and
to review; Complete the preparation and review of the Fund's interim report within two months from the end of the first half of the year; Every year
The preparation and review of the annual report of the Fund shall be completed within three months from the date of completion. The Fund Custodian is in the review process
If the statements of both parties are found to be inconsistent, the Fund Manager and the Fund Custodian shall jointly identify the reasons,
The adjustment shall be subject to relevant national regulations. The financial accounting report in the annual report of the Fund shall
It has been audited by an accounting firm conforming to the Securities Law of the People's Republic of China. Whether the fund contract comes into effect
The fund manager may not prepare the quarterly report, interim report or annual report of the current period if the period is two months.
（7） When necessary, the Fund Manager shall provide the Fund Custodian with a quarterly comparison of the Fund's performance
Basic data and compilation results of benchmark.
6、 Custody of the Register of Fund Unitholders
The register of fund unit holders shall at least include the name, certificate number and holding of fund unit holders
Fund shares of. The register of fund share holders shall be prepared by the fund registration authority in accordance with the instructions of the fund manager
And safekeeping. The Fund Manager and the Fund Custodian shall respectively keep the register of Fund Unitholders for a period of time
Not less than the minimum period stipulated by laws and regulations. If it cannot be properly kept, it shall bear the responsibility according to relevant laws and regulations
Ren.
Before the Fund Custodian requires or prepares the interim report and annual report, the Fund Manager shall
The information submitted to the Fund Custodian shall not be unreasonably refused or delayed, and the authenticity, accuracy and
Integrity. The Fund Manager and the Custodian shall not use the register of Fund Unitholders kept for fund custody
In charge of other purposes other than business, and shall abide by confidentiality obligations.
7、 Dispute resolution
Both parties agree that all disputes arising from or in connection with this agreement, such as
If no settlement can be reached through good negotiation, either party has the right to submit the dispute to the Shanghai International Economic and Trade Arbitration Commission
Yes, the arbitration shall be conducted in accordance with the arbitration rules of Shanghai International Economic and Trade Arbitration Commission in effect at that time. Place of arbitration
The point is Shanghai. The arbitration award is final and binding on all parties. The arbitration fees and lawyers
The costs shall be borne by the losing party, unless otherwise specified in the arbitration award.
During the dispute settlement period, both parties shall strictly abide by the responsibilities of the Fund Manager and the Fund Custodian
Continue to faithfully, diligently and responsibly perform the obligations specified in the Fund Agreement and this Custodian Agreement, and maintain the Fund shares
The legitimate rights and interests of the holder.
This Agreement shall be governed by and interpreted in accordance with the laws of the People's Republic of China (excluding the laws of Hong Kong, Macao and Taiwan).
8、 Change and termination of fund custody agreement and liquidation of fund assets
（1） Change procedure of custody agreement
The parties to this agreement may amend the agreement upon consensus. The revised new agreement,
Its contents shall not conflict with the provisions of the Fund Contract in any way.
（2） Termination of Fund Custody Agreement
1. The Fund Contract is terminated;
2. The Fund Custodian cannot continue to serve as the Fund Custodian due to dissolution, bankruptcy, revocation and other reasons
And no other appropriate custodian institution has undertaken its original rights and obligations within 6 months;
3. The Fund Manager cannot continue to serve as the Fund Manager due to dissolution, bankruptcy, cancellation and other reasons
And no other appropriate fund management company has undertaken its original rights and obligations within 6 months;
4. Other termination events specified by laws and regulations or the Fund Contract occur.
（3） Liquidation of fund assets
The Fund Manager and the Fund Custodian shall handle the liquidation of the Fund assets in accordance with the provisions of the Fund Contract.
During the liquidation period, management fees and custody fees shall not be withdrawn.