Debt-for-equity swaps fall within the business scope of CCB Fund.

Debt-for-equity swap refers to a financial operation method that converts corporate debt into equity.

CCB Fund is a fund management company under China Construction Bank. Its business scope includes securities investment fund management, asset management, investment consulting, etc.

According to the "Business Rules for Securities Investment Funds" issued by the Asset Management Association of China and relevant regulations of the China Securities Regulatory Commission, fund management companies can conduct various investment operations such as bond investment and stock investment.

Therefore, debt-for-equity swap, as a financial operation method, falls within the business scope of CCB Fund.