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Overview of fund transfer custody
Fund transfer custody refers to the operation that fund share holders change their fund share sales organizations among different sales organizations of the fund. For example, customers can transfer their fund shares purchased at ABC outlets to CCB outlets.

Fund transfer custody business is generally divided into two categories, namely, intra-system transfer custody and cross-system transfer custody. In-system transfer custody refers to the behavior that fund share holders transfer their fund shares between different sales organizations and outlets in the registration system or between different member units in the securities registration and settlement system, that is, "off-site transfer custody or on-site transfer custody". The "field" of "off-site transfer or on-site transfer" refers to the stock exchange. Cross-system transfer custody refers to the behavior of fund share holders to transfer their fund shares between the registration system and the securities registration and settlement system, including "off-site transfer custody" and "off-site transfer custody".