Shang Hai Zheng Quan Bao·2026-01-09 19:20Group 1 - The fund is named "Penghua Tianxin 90-Day Holding Period Bond Fund" and has a minimum holding period of 90 days for each fund share [10][11] - The fund's management company is Penghua Fund Management Co., Ltd., and the custodian is China Construction Bank Co., Ltd. [3][4] - The fund will be publicly offered from January 16, 2026, to February 5, 2026, with a maximum fundraising limit of 5 billion RMB [3][13] Group 2 - The fund is open to individual investors, institutional investors, and qualified foreign investors, with a single investor's daily subscription limit set at 10 million RMB [3][15][29] - The fund's initial share value is set at 1.00 RMB, and the minimum subscription amount through direct sales is 1 million RMB for the first subscription [12][28] - Investors can make multiple subscriptions during the fundraising period, but once a subscription application is accepted, it cannot be revoked [6][27] Group 3 - The fund's subscription fee structure includes a fee for Class A shares, while Class C shares do not incur a subscription fee [20] - Interest generated from the subscription funds during the fundraising period will be converted into corresponding fund shares for the fund shareholders [21] - The fund's contract will become effective if the total subscription reaches at least 200 million RMB and the number of investors is no less than 200 [18][51]