Ding Yu Southern One-year Fund can be redeemed at any time after it expires, but it cannot be received immediately. The Fund can apply for redemption from the next working day after the lock-up period expires, and no redemption fee is charged.

Investors apply to subscribe for fund shares on the open day, but each fund share can only be redeemed on the next working day after the expiration of the fund share lock-up period.

For each fund share, the lock-up period refers to the period from the effective date of the fund contract (for subscribed shares, the same below) or the application date of fund share subscription (for subscribed shares, the same below) to the effective date of the fund contract or the day before the application date of fund share subscription. During the lock-up period, fund share holders cannot apply for redemption, but they can apply for redemption on the next working day after the lock-up period expires.

After the contract comes into effect, if there are new securities/futures trading markets, changes in trading hours of securities/futures exchanges or other special circumstances, the fund manager will make corresponding adjustments to the above-mentioned opening days and opening hours as appropriate, but shall make an announcement in the specified media in accordance with the relevant provisions of the Information Disclosure Measures before the implementation date.

Matters needing attention in fund redemption

1. The day when the fund manager accepts a valid redemption application before the end of trading hours is the redemption application date (T day). Under normal circumstances, the fund registration institution will confirm the validity of the transaction within T+ 1 day.

2. Redemption is based on share application and follows the principle of "unknown price", that is, the redemption price is calculated based on the net value of fund shares calculated after the closing of the application date;

3. Redemption follows the principle of "first-in, first-out", that is, redemption is carried out in the order of investors' subscription and purchase;

4. The redemption application of the day can be revoked within the time specified by the fund manager;

5. Investors must hold enough fund share balance when submitting redemption application, otherwise the redemption application submitted will not be established;

6. After the redemption application takes effect, the fund manager will pay the redemption money within T+7 days (including that day).