Shang Hai Zheng Quan Bao·2025-12-18 19:14Group 1 - The core point of the announcement is that CITIC Construction Investment Fund Management Co., Ltd. will launch a fund conversion service to meet the investment needs of investors, effective from December 19, 2025 [1][15] Group 2 - The fund conversion service will be available for specific funds managed by the company [2] - The conversion can only be processed through the company's direct sales center and online direct sales [2] Group 3 - The fund conversion service will commence on December 19, 2025, and the processing time will align with the fund subscription and redemption times [3] Group 4 - Fund conversion refers to the process where a fund holder can convert part or all of their holdings in one fund into shares of another fund managed by the same company [4] - The conversion must occur within the same sales institution, and both funds must be managed by the same fund manager and registered with the same registration agency [4] - The conversion is applied in units of shares, and multiple conversion requests can be initiated by the investor [4] Group 5 - The outflow fund must be redeemable, and the inflow fund must be available for subscription at the time of conversion [5] - The "first in, first out" principle applies to the conversion process, meaning the oldest shares are converted first [5] Group 6 - The fund conversion fee consists of the difference in subscription fees and the redemption fee of the outflow fund, which is borne by the fund holder [7] - The calculation of the conversion fee is based on the net asset value of the funds on the day of the application [7] Group 7 - The fund management company can suspend the conversion service under certain circumstances, such as force majeure or significant market fluctuations [8][10] - Any suspension or reopening of the conversion service will be announced through the prescribed disclosure media [12]