Home Business Announcement on the opening of the daily purchase and redemption business of China Merchants China Securities Consumer Electronics themed trading open-end index securities investment fund|Securities Investment Fund|China Securities Consumer_Sina Technology_Sina.com

Announcement on the opening of the daily purchase and redemption business of China Merchants China Securities Consumer Electronics themed trading open-end index securities investment fund|Securities Investment Fund|China Securities Consumer_Sina Technology_Sina.com

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Original title: Announcement on the opening of the daily subscription and redemption business of China Merchants China Securities Consumer Electronics themed trading open-end index securities investment funds

Announcement sending date: November 23, 2021

1 Announcement of basic information

2 Processing time for daily purchase and redemption business

Investors handle the purchase and redemption of fund shares on the open day. The specific processing time is the trading hours on the normal trading day of the Shanghai Stock Exchange and the Shenzhen Stock Exchange. However, the fund manager shall comply with laws and regulations, the requirements of the China Securities Regulatory Commission or the fund Except when the contract stipulates that the subscription or redemption is suspended.

After the fund contract takes effect, if there are new securities/futures trading markets, securities/futures exchange trading hours, other special circumstances or business needs, the fund manager has the right to adjust the aforementioned opening days and opening hours accordingly. , But it should be announced on the specified media in accordance with the relevant provisions of the “Information Disclosure Measures” before the implementation date.

3 Daily purchase business

3.1 Restrictions on subscription shares

1. To participate in the daily subscription of the Fund, investors must submit applications in multiples of the minimum subscription unit. The minimum subscription unit of this fund is 1 million, and the fund manager has the right to change it and make an announcement in the prescribed medium in accordance with relevant regulations before the change.

2. The fund manager may stipulate the minimum fund unit balance of the investor’s relevant account. Please refer to the relevant announcement for specific regulations.

3. The fund manager can set the upper limit of the fund’s subscription shares on the day. For details, please refer to the relevant announcement.

4. When the acceptance of subscription applications has a potentially significant adverse effect on the interests of stock fund unit holders, the fund manager can adopt a single-day or single-subscription subscription limit for a single investor, the maximum size of the fund, or the maximum single-day net subscription ratio of the fund. , And measures such as the refusal of large-scale subscriptions and suspension of fund subscriptions to effectively protect the legitimate rights and interests of stock fund unit holders. Based on the needs of investment operation and risk control, fund managers can take the above measures to control the size of the fund. See the relevant announcement of the fund manager for details.

5. The fund manager can adjust the number of subscriptions or add new fund scale control measures based on the operation of the fund, market conditions and investor needs, as permitted by laws and regulations. The fund manager shall make an announcement on the prescribed media in accordance with the relevant provisions of the “Information Disclosure Measures” before the adjustment is implemented.

3.2 Subscription fee rate

When investors subscribe to the Fund, the purchase and redemption agency may collect commissions from investors at a rate not exceeding 0.8% of the subscription share, including relevant fees charged by stock exchanges and registration agencies.

4 Daily redemption business

4.1 Restrictions on Redemption Shares

1. Investors participating in the daily redemption of this fund must submit applications in multiples of the minimum redemption unit. The minimum redemption unit of this fund is 1 million, and the fund manager has the right to change it and make an announcement in the prescribed medium in accordance with relevant regulations before the change.

2. The fund manager may stipulate the minimum fund unit balance of the investor’s relevant account. Please refer to the relevant announcement for specific regulations.

3. The fund manager may stipulate the upper limit of redemption shares of the fund on the same day. For details, please refer to the relevant announcement.

4. The fund manager can adjust the number of redemptions or add new fund scale control measures based on the operation of the fund, market conditions, and investor needs, as permitted by laws and regulations. The fund manager shall make an announcement on the prescribed media in accordance with the relevant provisions of the “Information Disclosure Measures” before the adjustment is implemented.

4.2 Redemption rate

When investors redeem the fund, the purchase and redemption agency may charge investors commissions based on the standard of no more than 0.8% of the redemption share, including related fees charged by stock exchanges, registration agencies, etc.

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5 Fund sales agency

5.1 On-site sales organization

Investors shall handle the subscription and redemption of this fund at the business premises where the subscription and redemption agency handles fund subscription and redemption business or in other ways provided by the subscription and redemption agency.

The fund manager shall announce the list of subscription and redemption agencies before starting the subscription and redemption business, and may change or increase or decrease subscription and redemption agencies based on actual conditions.

The subscription and redemption agencies of the Fund are as follows: CITIC Securities Co., Ltd., CITIC Securities (Shandong) Co., Ltd., China Securities Co., Ltd., CITIC Securities South China Co., Ltd., Zhongtai Securities Co., Ltd., Haitong Securities Co., Ltd. Co., Ltd., Shenwan Hongyuan Securities Co., Ltd., Founder Securities Co., Ltd.

6 Disclosure arrangements for fund net worth information

After the fund contract takes effect, before the fund shares are listed for trading and before the subscription or redemption of fund shares is started, the fund manager shall disclose the net value of fund shares and the cumulative net value of fund shares on the prescribed website at least once a week.

After the fund shares are listed and traded or after the subscription or redemption of fund shares is started, the fund manager shall disclose the fund shares on the open day no later than the day after each open day through the prescribed website, fund sales institution website or business outlet Net value and cumulative net value of fund shares.

The fund manager shall disclose the net value of fund shares and the cumulative net value of fund shares on the semi-annual and last day of the year no later than the day after the last day of the half-year and the last day of the year.

7 Other things that need to be reminded

7.1 Principles of Subscription and Redemption

1. The Fund adopts the method of “unit purchase and unit redemption”, that is, both subscription and redemption are applied for by units;

2. The subscription consideration and redemption consideration of the Fund include portfolio securities, cash replacement, cash difference and other considerations;

3. The application for purchase and redemption cannot be revoked after submission;

4. Subscription and redemption responses comply with the “Business Rules” and other relevant regulations;

5. When handling the purchase and redemption business, the principle of priority of the interests of fund share holders shall be followed to ensure that the legitimate rights and interests of investors are not harmed and are treated fairly;

6. In the future, when conditions permit, the fund manager can adjust the fund’s subscription and redemption methods and the composition of subscription consideration and redemption consideration.

The fund manager may adjust the above principles according to the actual operation of the fund, without violating laws and regulations and without substantive adverse effects on the interests of fund unit holders, or adjust the above rules in accordance with the “Business Rules”, but it should be adjusted in the new Prior to the implementation of the principle, an announcement shall be made on the specified media in accordance with relevant regulations.

7.2 Procedures for purchase and redemption

1. How to apply for purchase and redemption

Investors must apply for purchase or redemption within the specific business processing time of the open day in accordance with the procedures prescribed by the purchase and redemption agency.

When an investor submits a subscription application, it must prepare a sufficient subscription price based on the subscription and redemption list, otherwise the submitted subscription application will be invalid. When an investor submits a redemption application, it must hold sufficient fund unit balance and cash, otherwise the redemption application submitted is invalid.

The documents and procedures, processing time, processing rules, etc. that investors should submit when applying for purchase and redemption are subject to the specific provisions of the purchase and redemption agencies under the premise of complying with the provisions of the fund contract and prospectus.

2. Confirmation of subscription and redemption applications

Under normal circumstances, investors’ subscription and redemption applications will be confirmed on the day of acceptance. If the investor fails to provide the purchase consideration that meets the requirements, the purchase application will fail. If the investor has insufficient available fund shares that meet the requirements, or fails to prepare sufficient cash as required, or the fund’s investment portfolio does not have sufficient redemption consideration that meets the requirements, or the redemption submitted by the investor If the application exceeds the limit set by the fund manager, the redemption application will fail.

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The purchase and redemption application accepted by the purchase and redemption agency does not mean that the purchase or redemption application must be successful. The confirmation of subscription and redemption is subject to the confirmation result of the registration agency. Investors can inquire about the confirmation of the application through the purchase and redemption agency that handles the purchase and redemption or other methods prescribed by the purchase and redemption agency.

Fund shares subscribed by investors can be auctioned for sale from the day that investors redeem the stocks they acquired can be auctioned for sale.

3. Clearing, settlement and registration of purchase and redemption

The subscription and redemption considerations involved in the subscription and redemption process of this fund and the settlement of fund shares shall be governed by the relevant provisions of the “Business Rules” and relevant agreements of the participating parties.

After the investor successfully subscribes on T day, the registration agency will handle the settlement registration of constituent bonds and fund shares listed on the Shenzhen Stock Exchange and the settlement of cash substitution after the market closes on T day; the settlement of cash substitution and cash substitution will be handled on T+1 day Settlement of the difference; Settlement of the cash difference on T+2 day, and send the result to the purchase and redemption agency, fund manager and fund custodian.

After the investor’s successful redemption on T day, the registration agency will handle the settlement of the constituent bonds listed on the Shenzhen Stock Exchange and the cancellation of fund shares and the settlement of cash substitution after the market closes on T day; the settlement of cash substitution will be performed on T+1 day and Settlement of the cash balance; Settlement of the cash balance on T+2, and send the results to the purchase and redemption agency, fund manager and fund custodian.

If there is a situation in which the clearing and clearing participant cannot perform normally during the clearing and settlement, it shall be handled in accordance with the relevant provisions of the “Business Rules” and the relevant agreements of the participating parties.

Investors should pay the cash difference, cash replacement, and cash replacement refunds in full and on time in accordance with the provisions of the fund contract and the purchase and redemption agency. If the cash difference, cash replacement or cash replacement refund payment fails to be settled on time and in full due to the investor’s reasons, the fund manager has the right to recover from the investor for the benefit of the fund and require it to bear other funds resulting from this Loss of unit holders or fund assets. If part or all of the portfolio securities used by investors or part or all of the fund shares used for redemption are frozen or enforced by the state authority, the fund manager has the right to instruct the purchase and redemption agency and The registration agency shall conduct corresponding disposal in accordance with the law; if this situation causes other fund unit holders or fund assets to suffer losses, the fund manager has the right to demand compensation from the investor on behalf of other fund unit holders or fund assets.

4. Registration agencies and fund managers can adjust the procedures for purchase and redemption, as well as the processing time, methods, and processing rules of liquidation, settlement and registration without violating laws and regulations.

7.3 Purchase and redemption consideration, fees and their uses

1. The calculation of the net value of the fund’s shares shall be kept to 4 decimal places, and the 5th decimal place shall be rounded up. The resulting gains or losses shall be borne by the fund property. The net value of fund units on T day is calculated after the market closes on that day and announced in accordance with the agreement in the fund contract. In case of special circumstances, the calculation or announcement may be appropriately delayed after performing appropriate procedures. If the relevant laws and regulations and the China Securities Regulatory Commission provide otherwise, it shall be implemented in accordance with the regulations.

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2. The purchase consideration and redemption consideration are determined according to the purchase and redemption list and the amount of fund shares purchased and redeemed by investors. Subscription consideration refers to the portfolio securities, cash replacement, cash difference and other considerations that should be delivered when investors subscribe for fund shares. The redemption consideration refers to the portfolio securities, cash replacement, cash difference and other considerations that the fund manager should deliver to the investor when the investor redeems the fund shares.

3. The purchase and redemption list shall be compiled by the fund manager. The purchase and redemption list on T day will be announced before the opening of the Shenzhen Stock Exchange on that day.

4. When investors subscribe or redeem this fund, the subscription and redemption agency may charge investors commissions at a standard that does not exceed 0.8% of the subscription or redemption share, including related fees charged by stock exchanges, registration agencies, etc. .

If the market conditions change or the relevant business rules change, the fund manager can calculate and calculate the net value of the fund shares, the purchase and redemption list without violating relevant laws and regulations and without materially adversely affecting the interests of fund share holders. The announcement time will be adjusted and announced in advance.

This announcement only explains the matters related to the opening of the fund’s daily subscription and redemption business. For investors to understand the details of this fund, please read the “China Merchants China Securities Consumer Electronics Theme Trading Open Index Securities Investment Fund Prospectus” published on the company’s website (www.cmfchina.com) on September 17, 2021. 》, you can also call our company’s customer service hotline 400-887-9555 (free of long-distance calls) to inquire about related matters.

If there are any changes in the specific regulations on the fund’s open subscription and redemption business, the company will make a separate announcement.

The fund manager can adjust the subscription fee rate, lower the redemption fee rate or change the charging method within the scope agreed in the fund contract after completing the relevant procedures. Announcement on prescribed media.

The company will announce separately about the listing and trading of this fund.

Special announcement.

China Merchants Fund Management Co., Ltd.

November 23 2021

China Merchants China Securities Consumer Electronics Theme Trading Open Index Securities Investment Fund Listing and Trading Announcement Reminder Announcement

The board of directors and directors of China Merchants Fund Management Co., Ltd. (hereinafter referred to as the “Company”) guarantee that the information contained in the Announcement on the Listing and Trading of China Merchants China Securities Consumer Electronics Subject Trading Open Index Securities Investment Fund does not contain false records, misleading statements or major omissions, And bear individual and joint responsibility for the authenticity, accuracy and completeness of its content.

The China Merchants China Securities Consumer Electronics Theme Trading Open Index Securities Investment Fund (fund abbreviation “China Merchants China Securities Consumer Electronics Theme ETF”, on-site abbreviation “Consumer Electronics ETF China Merchants”, transaction code: 159779) was launched on November 26, 2021 The Shenzhen Stock Exchange is listed and traded. The full text of the listing and transaction announcement will be published on the company’s website (www.cmfchina.com) and the China Securities Regulatory Commission’s Fund Electronic Disclosure website (http://eid.csrc.gov.cn/fund) on November 23, 2021. ) Disclosure for investors’ inspection. If you have any questions, please call our company’s customer service hotline 400-887-9555 for consultation.

The fund manager promises to manage and use the fund’s assets in accordance with the principles of honesty, credibility, diligence and due diligence, but does not guarantee that the fund will be profitable, nor does it guarantee the minimum return. Please fully understand the risk and return characteristics of this fund and make investment decisions prudently.

Special announcement.

China Merchants Fund Management Co., Ltd.

November 23 2021


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