Subscription refers to the behavior of investors applying to buy fund shares during the fund raising period. Subscription refers to the behavior of investors applying to buy fund shares after the fund is established.

Under normal circumstances, the rate of purchasing funds during the subscription period is relatively more favorable than that during the subscription period. Funds purchased during the subscription period can generally be redeemed after the closed period, and the purchased funds should be redeemed on the second working day after the successful subscription. The interest generated during the subscription period is subject to the records of the registration center, and automatically converted into the investor's fund share when the fund is established, that is, the interest income increases the investor's subscription share.

In the process of subscription, whether subscription or subscription, investors can submit subscription/subscription applications for many times during the trading hours, and the subscription/subscription fees of the registrant for investors are calculated separately according to a single trading account.

Generally speaking, however, during the stock issuance period, the subscription application that has been formally accepted by investors shall not be revoked. For the subscription application submitted within the fund business processing time of the day, investors can submit the cancellation application and cancel it before 15: 00 on the same day. The application cannot be cancelled after 15: 00.

Fund subscription adopts the principles of "amount subscription" and "unknown price". For transactions that are effectively subscribed on T-day, the subscription price is calculated according to the net value of fund shares on T-day. The net value of fund shares on day T shall be calculated after the market closes on day T and announced no later than T+ 1 day.