On August 9, 2005, the net value of Penghua Value Fund was 1.2240 yuan, with a daily growth rate of 3. 12%.
Penghua value fund income distribution should follow the following principles:
1. Each fund share of the Fund enjoys the same distribution right;
2. After the distribution of fund income, the net value of each fund share cannot be lower than the face value;
3, the fund's current income should first make up for the previous year's losses, and then the current income distribution;
4. If there is a net loss in the current period of fund investment, no income distribution will be made;
5. The income distribution ratio of the fund shall be formulated in accordance with relevant regulations. Under the premise of meeting the dividend conditions of relevant funds, the fund income can be distributed, and the fund income can be distributed up to 6 times a year, and the annual fund income distribution ratio is not less than 70% of the distributable income of the current year;
6. The income distribution methods of the Fund are divided into cash dividends and dividend reinvestment. Investors can choose cash dividends or automatically convert cash dividends into fund shares for reinvestment according to the net value of fund shares on the ex-dividend date; If investors do not choose, the default income distribution method of the Fund is cash dividend. The dividend distribution method of subscribed, subscribed and listed fund shares is cash dividend, and investors cannot choose other dividend distribution methods. Specific allotment procedures and other related matters shall comply with the relevant regulations of Shenzhen Stock Exchange and China Securities Depository and Clearing Co., Ltd.;
7. Under the premise of meeting the dividend conditions of relevant funds, the fund income distribution shall be carried out at least once a year, but if the fund contract takes effect less than 3 months, the income distribution may not be carried out;
8. Where laws, regulations or regulatory agencies provide otherwise, such provisions shall prevail.