The termination of listing of funds refers to the liquidation of funds. After the termination of the listing of the fund, the remaining assets of the fund will be distributed to various investors according to their shares, but the probability of fund liquidation is small.

The assets of the fund are less than 50 million for 20 consecutive trading days, and the number of fund holders is less than 200 for 20 consecutive trading days, which will trigger the liquidation conditions.