Fund on-site trading notice on the release of the implementation details of open-end fund on-site trading on the release of China Securities Depository and Clearing Co., Ltd.'s "Implementation Rules for the Open-end Fund Subscription, Subscription and Redemption Registration and Settlement Business through the Shanghai Stock Exchange" and "

Notice on the Implementation Rules for the Registration and Settlement Business of Open-end Funds’ On-site Subscription, Redemption and Settlement through the Shenzhen Stock Exchange.

All securities companies and fund management companies: China Securities Depository and Clearing Co., Ltd. "Implementation Rules for Open-end Fund Subscription, Subscription and Redemption Registration and Settlement Business through the Shanghai Stock Exchange" and "Open-end Funds through the Shenzhen Stock Exchange

The "Implementation Rules for Subscription, Redemption, Registration and Settlement Business" have been approved by the China Securities Regulatory Commission and are hereby promulgated and will be implemented from the date of promulgation.

Open-end fund on-site trading process There are two methods for open-end fund subscription, subscription or redemption business: 1. On-site trading: refers to using a Shanghai or Shenzhen securities account (stock account or closed-end fund account), through the stock entrustment system

handle.

2. Over-the-counter transactions: refers to using the open-end fund account of a fund company and handling it through the open-end fund entrustment system.

Introduction to the open-end fund on-site trading process 1. Opening a customer number, etc. (see A-share account opening process for details) 2. Shanghai Fund Connect business (1), business introduction The subscription, subscription and redemption of open-end funds are handled through the Shanghai Stock Exchange.

In addition to the existing subscription, subscription and redemption processes through fund managers and their agency agencies, a new open-end fund business processing channel is launched for investors.

Investors who subscribe, purchase and redeem fund shares through the SSE on-site system should designate a qualified SSE member to do so on their behalf in accordance with the "Trial Measures for the Comprehensive Designated Trading System of the Shanghai Stock Exchange".

(2) Application elements 1. The securities code for subscription declaration is 521***, and the "amount subscription" method is adopted. Investors fill in the quantity application with the subscription amount. Warm reminder: Use the "Buy" menu of A-share trading.

2. The time and place for the subscription and redemption of fund shares. Subscription and redemption of fund shares are accepted during the matching trading hours of the Shanghai Stock Exchange on each trading day (9:30 to 11:30, 13:00 to 15:00).

declare.

The securities code for subscription and redemption is 519***, and the principle of "amount subscription" and "share redemption" is adopted, that is, the quantity application is filled in with the subscription amount, and the quantity application is filled in with the redemption shares.

"Subscription" corresponds to the "Buy" menu of A-share transactions, and "Redemption" corresponds to the "Sell" menu of A-share transactions.

The transaction price of subscription and redemption is determined based on the net value of fund shares on that day.

Since the declared price column cannot be left blank, it is agreed that it should always be filled in as "1 yuan".

The minimum subscription amount and redemption units are determined and announced by the fund manager.

On the basis of the minimum subscription amount, the cumulative subscription amount is 100 yuan or an integer multiple thereof, but the maximum cannot exceed 99,999,900 yuan; the number of fund shares redeemed in a single transaction is an integer, but the maximum cannot exceed 99,999,999.

Starting from T+2, investors can check the subscription and redemption processing results and the fund shares obtained from the subscription at the SSE member business department where the application was submitted.

3. The declaration security code for setting the fund dividend method is 523***, and the buying and selling direction can only be "buy", not "sell"; fill in the fund dividend method code for "price", of which 100 yuan is dividend transfer and 101 yuan is

Cash dividend; declared quantity is 1.

Special reminder: Setting up the fund dividend method can only be done at the counter of each business department of our company.

4. On-site subscription, purchase and redemption of Fund Pass can be handled using our A-share trading system of hot keys, telephone orders and online transactions.

(3) Cross-market transfer to custody. The securities code for on-exchange to off-exchange cross-market transfer to custody is 522***. "Transfer out" corresponds to "sell". For transfer out, fill in the salesperson code of the transfer party in the price column.

Range 1-999 yuan.

Starting from T+2, investors can inquire about the transferred fund shares from the over-the-counter fund manager or its agency, or from the qualified Shanghai Stock Exchange member of the designated exchange on the exchange.

Transfer fund shares.

Warm reminder: If an investor transfers the fund cross-market transfer custody business to our company, our Shanghai seat number is 23078.

3. Introduction to LOF business (1). Business introduction Listed open-ended funds (English name Listed Open-ended Funds, referred to as LOFs) are based on the current open-ended fund operation model, adding the offering, subscription, redemption and trading of Shenzhen Stock Exchange

channels.

Its main features are: 1.

Funds can be sold on the Shenzhen Stock Exchange and at the same time as the fund manager and its agency. The Shenzhen Stock Exchange adopts the online issuance method, and the fund manager and its agency continue to use the current over-the-counter sales method.