According to the official announcement of Penghua Fund Management Co., Ltd., the Fund officially opened the subscription, redemption and conversion of fixed investment business on March 4, 2005. At present, the fund is in a normal state and can be purchased and redeemed.

The closing period of open-end funds is generally 1-3 months, which is normal within this range. The specific opening time is determined by the fund company according to the fund position. During the opening period, the Fund will invest the raised assets in various agreed investment directions, and it can be opened normally only after reaching the target proportion range.