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. For example:

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 nine publicly issued 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.

1.REITs (real estate investment trust fund) is a real estate investment trust, commonly known as real estate trust fund, which is an industrial chain investment fund for asset securitization. According to the assets of stock issuance (stock fund units) and mass investors, the competent authorities operate and manage different types of real estate projects in different regions to allocate assets, and distribute the profits from renting real estate to shareholders in the form of dividends while reasonably reducing risks. Simply put, when you buy REITs, you actually buy a part of the real estate owned by REITs. REITs can be traded on the stock exchange in addition to earning dividends from rents. The appreciation of real estate brought by rising house prices can be reflected in the increase in the transaction price of REITs, and investors can profit from REITs' transactions.