Article 4 An enterprise annuity fund shall recognize and measure assets, liabilities, income, expenses and net assets respectively.

article 5 the assets formed by the payment and operation of enterprise annuity funds include: monetary funds, securities receivables, interest receivables, securities purchased for resale, other receivables, bond investments, fund investments, stock investments and other investments.

article 6 the initial acquisition and subsequent valuation of treasury bonds, financial bonds with credit rating above investment grade, corporate bonds, convertible bonds, investment insurance products, securities investment funds, stocks and other financial products with good liquidity obtained by enterprise annuity funds in operation shall be measured at fair value:

(1) when the investment is initially acquired, the transaction price paid on the trading day shall be taken as its fair value. The transaction costs incurred are directly included in the current profit and loss.

(ii) when the investment is valued on the valuation date, the original book value shall be adjusted by its fair value, and the difference between the fair value and the original book value shall be included in the current profit and loss.

to determine the fair value of investment, the accounting standards for enterprises No.22-recognition and measurement of financial instruments shall apply.

article 7 liabilities arising from the operation of enterprise annuity funds include: securities settlement payable, beneficiary treatment payable, trustee management fee payable, trustee management fee payable, investment manager management fee payable, tax payable, securities repurchase payment payable, interest payable, commission payable and other payables.

article 8 the income generated by the operation of enterprise annuity funds includes: deposit interest income, income from buying securities for resale, income from changes in fair value, income from investment disposal and other income.

Article 9 Income shall be recognized and measured according to the following provisions:

(1) Interest income from deposits shall be determined according to the principal and the applicable interest rate.

(2) The income from buying resale securities shall be determined according to the price of buying resale securities and the interest rate agreed upon in the agreement within the period of securities lending.

(3) The gains from changes in fair value shall be determined on the valuation date according to the difference between the fair value of the investment on that day and the original book value (i.e. the fair value of the investment on the previous valuation date).

(4) The income from investment disposal shall be determined on the trading day according to the difference between the price obtained from selling the investment and its book value.

(5) Other income such as risk reserve to cover losses shall be determined according to the actual amount.

article 1 various expenses incurred in the operation of enterprise annuity funds include: transaction expenses, trustee management fees, custodian management fees, investment manager management fees, expenses for selling and repurchasing securities and other expenses.

Article 11 Expenses shall be confirmed and measured according to the following provisions:

(1) Transaction expenses, including fees and commissions paid to agencies, consulting institutions and securities firms and other necessary expenses, shall be determined according to the actual amount incurred.

(2) The trustee management fee, custodian management fee and investment manager management fee shall be determined according to the actual accrued amount according to relevant regulations.

(3) The expenses for selling and repurchasing securities shall be determined according to the price of selling and repurchasing securities and the interest rate agreed in the agreement within the financing period.

(4) Other expenses shall be determined according to the actual amount incurred.

article 12 the net assets of an enterprise annuity fund refer to the balance of assets minus liabilities of the enterprise annuity fund. On the balance sheet date, the income and expenses of the current period shall be carried forward to the net assets.

net assets should be set up in separate accounts for enterprises and individual employees, and the distribution of operating income should be included in each account on schedule according to the enterprise annuity plan.

Article 13 Net assets shall be recognized and measured in accordance with the following provisions:

(1) The net assets shall be increased according to the amount received from enterprises and individual employees.

(2) For the benefits paid to the beneficiaries, the net assets shall be reduced according to the amount payable.

(3) The amount of personal account transfer due to the transfer of employees to the enterprise increases the net assets.

(4) the amount transferred out of personal accounts due to the transfer of employees from the enterprise, reducing the net assets.