Hello, investors can freely re-trust funds, either from the SSE system to the OTC market (including fund direct selling institutions, banks and other consignment agencies) or from the OTC market to the SSE system. However, this kind of transfer custody is limited to the on-site securities account and the off-site open-end fund account registered on its basis. Investors will transfer their fund shares from the counter of the fund agency outside the SSE system to the SSE system. Investors need to hold valid identity documents to handle designated transactions at the counter of the transferee (qualified SSE member business department), and investors who have already handled designated transactions at the counter of the transferee can be exempted from handling them. When an investor transfers from the business department of a qualified member of the Shanghai Stock Exchange to the counter of a fund agency outside the system of the Shanghai Stock Exchange, he/she shall apply for registration of the China settlement Shanghai open-end fund account at the counter of the transferee (a bank or securities agency qualified to sell open-end funds) with valid identity documents and his/her Shanghai securities account. Investors who have registered the corresponding China settlement Shanghai open-end fund account at the transferee's counter do not need to re-register.

The transfer of investors' fund shares in the Shanghai Stock Exchange system to custody shall be implemented in accordance with the relevant provisions of the Trial Measures for the Comprehensive Designated Trading System of Shanghai Stock Exchange.