1 Off-site subscription: Like ordinary subscription in Public Offering of Fund, subscription can be made through fund companies' direct selling platforms, banks, Alipay, Tian Tian Fund and other third-party fund sales organizations, and options for new funds can be found in its interface.

2 On-site fund: On-site subscription, generally through the securities account of a securities company, is more convenient. We usually find subscription channels on the home page or the trading interface.

? According to the product description, investors who participate in the on-site subscription of infrastructure funds should hold RMB ordinary stock accounts or closed-end fund accounts (collectively referred to as on-site securities accounts) settled in China, Shanghai or Shenzhen; Those who participate in the OTC subscription of infrastructure funds shall hold an open-end fund account of China Settlement (i.e. OTC fund account).

After the establishment of public offering REITs, subscription and redemption will no longer be open and can only be traded in the secondary market. Therefore, those who use the fund shares subscribed over-the-counter must be transferred to the on-market securities institutions before they can participate in on-market transactions.

In addition, not every institution sells the first batch of 9 public real estate investment trusts on a commission basis. If we are optimistic about a public offering of REITs, we can go to the fund company official website to subscribe directly or consult which institutions we can subscribe through.