The principles of disclosure are divided into: substantive principle and formal principle. The so-called substantive principles include authenticity, accuracy, integrity, timeliness and fair disclosure. The principle of form includes normative principle, easy to understand principle and easy to obtain principle.

Substantive principle

1. principle of authenticity

The principle of authenticity is the most fundamental and important principle of fund information disclosure, and the information required to be disclosed should be based on objective facts and reflect the true state, and should not be distorted or whitewashed.

2. The principle of accuracy

The principle of accuracy requires that information disclosure should use accurate language, and there should be no misunderstanding in content and expression, and vague language should not be used.

3. Integrity principle

All important things should be made public.

4. The principle of timeliness

Disclosure of interim report within 2 days from the date of major events. The fund manager updates the prospectus every six months.

5. The principle of fair disclosure

The principle of fair disclosure requires that information be disclosed equally and openly to all investors in the market, not just individual institutions or investors.

(B) the principle of form

1. Normative principles

The normative principle requires that the fund information must be disclosed in accordance with the statutory content and format to ensure the comparability of the disclosed information.

2. Solvability principle

The principle of comprehensibility requires that the expression of information disclosure should be concise, easy to understand and avoid using lengthy and technical terms.

3. The principle of usability

The principle of accessibility requires that publicly disclosed information can be easily obtained by the general public.

In addition to the newspapers and websites designated by laws and regulations, the information disclosure obligor may also disclose information in other public media, but it should be noted that other media shall not disclose information earlier than the designated newspapers and websites, and the same information disclosed by different media shall be consistent.