Public Offering of Fund subscription deduction refers to the process that the system draws away the funds after the subscriber submits the subscription or subscription application.

Public offering fund refers to the fund that publicly issues beneficiary certificates to unspecified investors in society. In China, the public offering of funds is in the form of contractual organization. The public offering of funds is supervised by the competent government departments, and is restricted in information disclosure, profit distribution and operation. Publicly raise funds through the mass media, and the promoters raise public funds to set up investment funds for securities investment.