The fund confirmation business refers to that after the closed-end fund terminates its listing, China Securities Depository and Clearing Co., Ltd. will transfer the relevant data of all closed-end fund share holders to the registration institution designated by the fund management company.

the original closed-end fund holders need to carry the certification documents stipulated by the registration authority, and send their closed-end fund shares, customer information and other data to the registration authority through various open-end fund consignment agencies. After the registration authority checks that there is no mistake, the corresponding fund shares will be registered in the registration system, so that the holders can handle the redemption business after being converted into open-end funds.