2. Only after the end of the centralized subscription period can we know the share of our subscription, and adopt the doomsday proportional placement method. Now is a good time for the new fund to take the opportunity to open a position at the bottom.

From June 27, 2007 to February 24, 2007, Huaxia Industry Select Fund is open for centralized subscription and not open for redemption, which is called "centralized subscription period". The fund manager may appropriately extend or shorten the centralized subscription period according to the fund sales situation, but the longest period shall not exceed 1 month. The agency outlets, date and time of each sales organization refer to the specific provisions of each sales organization.

During the centralized subscription period of the Fund, the subscription of the upper limit of scale shall be implemented. The effective subscription amount finally confirmed by the Fund during the centralized subscription period will make the total assets of the Fund not exceed 654.38+0.5 billion yuan.

The fund will not stop selling during the sales time of the sales organization on the normal centralized subscription day, but if it is found that the total assets of the fund will approach, reach or exceed 654.38+05 billion yuan after the subscription is completed on that day, the fund manager will announce on the designated media the next day to terminate the subscription in advance and will no longer accept the subscription from the announcement date.

After all subscription applications are confirmed during the centralized subscription period, if the total asset size of the fund does not exceed 654.38+0.5 billion yuan, all valid subscription applications will be confirmed. After all subscription applications are confirmed during the centralized subscription period, if the total assets of the fund exceed 654.38+0.5 billion yuan, all valid subscription applications before the last subscription date during the centralized subscription period will be confirmed, and the effective subscription applications on the last subscription date will be confirmed by doomsday ratio, so as to effectively control the total size of the fund. If the investor's centralized subscription application is partially confirmed invalid, the fund manager will refund the subscription money corresponding to the invalid application to the investor.

2. After the centralized subscription period ends, the fund manager shall hire an accounting firm to verify the effective centralized subscription amount within 5 days. On the day when the capital verification is completed (i.e. the day when the original fund shares are converted), the fund manager will calculate the fund shares that investors should get for centralized subscription according to the converted net fund shares (i.e. 65,438+0.000 yuan), and the registration and settlement institution will register and confirm the investors' centralized subscription shares according to the detailed data provided by the fund manager. The fund manager will announce the capital verification and share confirmation of centralized subscription. Then enter the closed period, generally not more than three months, and an announcement will be issued at the end of the closed period.