it is equivalent to share reduction, where five original funds are changed into one new fund, and the net value is 5 times of the original net value, and the total assets of the fund are unchanged.

For details, please refer to "Announcement on the Consolidation Results of Shen1TF Fund Shares and the Resumption of Trading, Subscription and Redemption":

E Fund SZSE 1 Trading Open Index Fund (hereinafter referred to as "the Fund", short for Shen1TF, stock code: 15991) has consolidated its fund shares on August 29th, 214. Before the merger of the Fund on August 29, 214, the total fund shares were 17,827,833,17, and the net fund shares were .572 yuan. The results of the fund share consolidation are hereby announced as follows:

China Securities Depository and Clearing Co., Ltd. consolidated the fund shares registered on August 29, 214 (the date of equity registration) according to the consolidation ratio of .2:1, and registered the change on August 29, 214. After the merger of the Fund, on August 29, 214, the total fund shares were 3,565,567,465, and the net fund shares were 2.858 yuan; Every five fund shares originally held by the fund share holders are changed to one, and the fund shares generated by the merger are all carried to one after the decimal point.