Core Points - The fund being launched is the CICC Vipshop Outlets Closed-End Infrastructure Securities Investment Fund, which is initiated by CICC Fund Management Co., Ltd. and approved by the China Securities Regulatory Commission (CSRC) [14][11] - The total number of fund shares approved for issuance is 1 billion, with 700 million shares allocated for strategic placement, 210 million for offline issuance, and 90 million for public offering [14][15] - The pricing range for the fund shares is set between 2.321 yuan and 3.481 yuan per share, with the final price determined through offline inquiry [19][3] Fund Issuance Method - The fund will be issued through a combination of strategic placement, offline inquiry for qualified institutional investors, and public offering [3][18] - Strategic investors must sign a Strategic Placement Agreement and are not allowed to participate in the offline inquiry [23][26] - The offline issuance will be conducted via the SSE's "REITs Inquiry and Subscription System" [2][33] Investor Participation - Qualified offline investors include securities companies, fund management companies, trust companies, insurance companies, and other professional institutional investors [4][33] - Each participating investor must submit asset proof materials by noon on August 12, 2025, to be eligible for participation [6][38] - The maximum subscription amount for each placement object is capped at 21 million shares [5][21] Subscription and Payment - Subscription and payment for the offline issuance will occur simultaneously, and all participating investors must use a registered fund account to pay the subscription amount [8][18] - Investors must ensure that their proposed subscription amounts do not exceed their asset scale or fund scale [6][45] Lock-Up Period and Trading Restrictions - The public offering portion of the fund shares has no circulation restrictions or lock-up period, allowing immediate trading upon listing [20][21] - For strategic investors, the lock-up period varies based on the percentage of shares held, with some portions requiring a minimum holding period of 36 to 60 months [27][28] Important Dates - The inquiry period for the fund issuance is set for August 13, 2025, from 9:00 AM to 3:00 PM [4][17] - The final announcement regarding the issuance will be made on August 15, 2025, with the public offering expected to follow shortly after [26][29]
中金唯品会奥特莱斯封闭式基础设施证券投资基金基金份额询价公告