Fund share registration does not include the accounting business of a certain fund

1. Fund share registration means that the corresponding institution or fund manager with registration qualifications can handle it on your behalf The investor's fund share registration business generally refers to the transfer registration of fund shares, deposit management or settlement of shares and other related businesses. All future fund subscription and redemption operations of investors will be carried out by the registration authority. For processing, fund shares refer to the part of a fund that investors subscribe to and register for the fund, and the certificate that enables them to exercise the right to distribute their income to the fund. If the fund wants to be listed and traded, it must be submitted to the Fund in accordance with relevant legal provisions. The exchange conducts review and approval. After the securities transaction has reviewed and approved the submitted relevant materials, it needs to be reviewed and approved again by the securities regulatory agency of the State Council before it can be listed.

2. The fund shares of closed-end funds can be traded on securities exchanges established in accordance with the law. They need to be listed for trading. The State Council is authorized to make other regulations. The listing and trading of closed-end funds refers to the listing and trading of closed-end funds upon application by the fund manager. , approved by the Securities Regulatory Authority of the State Council, the fund shares were listed on the stock exchange and traded using public centralized bidding.

3. The fund manager shall pay redemption payments to fund unit holders on time. According to the fund contract, it is the legal obligation of the fund manager to pay redemption payments to fund unit holders on time. Special Circumstances for Delayed Payment of Redemption Payments for Fund Units According to the provisions of this Article, special circumstances for delayed payment of redemption payments for Fund Units include the inability of the fund manager to pay redemption payments due to force majeure. Force majeure refers to objective circumstances that cannot be foreseen, avoided and overcome, such as natural disasters, wars, etc. It does not mean that as long as force majeure occurs, the fund manager can not perform its obligation to pay the redemption amount of fund units on time, but only when the fund manager’s objective inability to pay the redemption amount of fund units is caused by force majeure, payment can be deferred.