1. The quarterly report of the fund is generally released 15 working days after the end of the quarter;

2 semi annual report released within 2 months after the end of the first half of the year;

3. The annual report shall be published within three months from the end of each year;

4. If the fund contract takes effect less than two months, the fund manager may not prepare the current quarterly report, semi-annual report or annual report. Therefore, whether the fund announces its positions depends on the time when the fund was established. For example, if a fund is established in February, its net value will not be announced in the first quarter or in the second quarter. Only after the publication of the semi-annual report can we see the position in the fourth quarter.