However, the dissolution of the fund must comply with the relevant provisions of the People's Republic of China (PRC) Securities Investment Fund Law. Usually, the conditions for the dissolution of the fund are clearly stipulated in the founding articles of association of the fund, such as the net value of the fund falling to the agreed value and the major problems of the fund manager.

The main steps are as follows:

1. Dissolution of the Fund Participate in the meeting of fund share holders attended by relevant stakeholders (fund managers, custodians, holders, etc.). ) reach an agreement on the specific details of the fund dissolution. Must be organized by the fund manager. ?

2. The fund manager shall set up a liquidation group to liquidate the fund assets. The settlement team consists of the administrator, Castian and relevant intermediary service agencies.

3. The liquidation group shall prepare a liquidation report, which shall be audited by an accounting firm, issue a legal opinion issued by a law firm, and report it to the the State Council Securities Regulatory Authority for filing and publication.

4. The remaining fund assets after liquidation shall be distributed according to the share proportion held by the fund share holders.

5. Before, during and after the dissolution of the fund, the fund manager must immediately release relevant information about the dissolution through authoritative media.

Extended data:

The dissolution of the fund must follow the fund law.

Usually, the dissolution conditions of the fund are clearly stipulated in the fund's articles of association (such as the net value of the fund falling to the agreed value, the fund manager having major problems, etc.). ). The main procedures include:

1. The dissolution of the fund shall be organized by the fund manager with the participation of relevant stakeholders (fund manager, custodian, holder, etc.). ) * * * Reach an agreement with the participating fund share holders' meeting on the specific details of fund dissolution;

2. The fund manager shall organize a liquidation group to liquidate the fund property. The liquidation group consists of the administrator, custodian and relevant intermediary service agencies.

3. The liquidation group shall prepare a liquidation report, which shall be audited by an accounting firm, and the law firm shall issue a legal opinion, which shall be reported to the the State Council securities regulatory agency for the record and announced.

4. Distribute the remaining fund property after liquidation according to the share proportion held by the fund share holders.

5. Before, during and after the dissolution of the fund, the fund manager shall timely release relevant information about the dissolution to the society through authoritative media.

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