The reasons why the fund cannot be redeemed:

1. The fund cannot operate normally due to force majeure;

2. The stock exchange is closed abnormally during trading hours;

3. Other circumstances determined by laws, regulations or determined by the China Securities Regulatory Commission.

Method for handling fund redemption suspension:

When a huge redemption occurs, the fund manager may decide to redeem in full or partially postpone the redemption based on the fund’s asset portfolio at that time. redemption.

1. Full redemption: follow normal redemption procedures.

2. Partial postponement of redemption: The fund manager shall accept a redemption ratio of not less than 10% of the total fund shares on that day, and postpone the remaining redemption applications.

Extended information:

Time for fund redemption:

The subscription and redemption of the fund shall not exceed 3 months after the "Fund Contract" takes effect. The fund manager shall make an announcement in at least one designated media and the fund manager's Internet website (hereinafter referred to as the "website") 2 days before the specific date for the start of subscription and redemption. Fund redemptions generally take two working days to be confirmed by the system and then cleared. Fund subscription and redemption must be confirmed by the system on T+2 before the redemption can be said to be successful.

The general open-end fund redemption process is: unreported on T day, reported on T+1, completed on T+2. Fund subscription and redemption must be confirmed by the system on T+2 before the redemption can be said to be successful. It is normal for the order to be unquoted on the day of the order (T day). Even if the order is placed around 2:50, as long as there is a record in the entrustment query, generally speaking, it will change to the second trading day (T+1 day). Reported, it becomes completed on the third trading day (T+2). Then it goes through liquidation. Therefore, it usually takes about 4 working days for open-end funds to arrive. Other overseas funds generally within 10 days.