During the duration of 1. If the number of fund holders is less than 100 for 60 consecutive working days, or the net asset value of the fund is less than 50 million yuan for 60 consecutive working days, the fund manager will announce the termination of the fund;
2. The holders' meeting voted to terminate the fund;
3. Due to major violations of laws and regulations, the Fund was ordered to terminate by the China Securities Regulatory Commission;
4. The fund manager cannot continue to serve as the fund manager due to dissolution, bankruptcy, cancellation and other reasons, and there is no other suitable fund manager to undertake its original rights and obligations;
5. The fund custodian cannot continue to serve as the fund custodian due to dissolution, bankruptcy, cancellation and other reasons, and there is no other suitable fund custodian to undertake its original rights and obligations;
6. Merger and cancellation of funds due to changes in investment direction;
7. Other circumstances permitted by China Securities Regulatory Commission.