1. Redemption is open every Monday in 202202. 2. Fund name: Southern Hedging Value-added Fund. Unit face value: RMB 1.00. Fund type: Contractual open-end unit. Face value: RMB 1.00. Hedging: Investment in this fund can control the loss of principal.

risk.

If the fund holder holds the fund at maturity, if the redeemable amount is higher than or equal to the investment amount, the fund manager will pay the investor the redemption amount; if the redeemable amount is lower than the investment amount, the fund manager will pay

The redemption amount is made up to the investment amount (deducting dividends) and is paid to the investor, and is guaranteed by the guarantor.

Hedging period: three years.

Guarantee: The guarantor provides an irrevocable joint liability guarantee. The scope of the guarantee is the difference between the redeemable amount and the investment amount. The guarantee period is six months from the expiration date of the fund's hedging cycle.