Fund Overview - The fund is named "Penghua ChiNext New Energy Exchange-Traded Open-Ended Index Securities Investment Fund" with the code 159261 [10] - It is an exchange-traded, stock-type fund with an indefinite duration [10] - The initial value of each fund share is set at 1.00 RMB [11] Fundraising Details - The fundraising period is from June 9, 2025, to June 20, 2025, with a maximum fundraising limit of 2 billion RMB, excluding interest and subscription fees [12][17] - Investors can subscribe through online cash subscription or offline cash subscription methods [19] - The minimum subscription amount for online cash subscription is 1,000 shares or multiples thereof, while for offline cash subscription, it is 1,000 shares or 50,000 shares depending on the method used [14][27] Subscription Process - Investors must hold a Shenzhen securities account to participate in the subscription [30] - Subscription applications cannot be revoked once submitted [5] - The fund management may adjust the subscription arrangements based on various circumstances and will announce any changes [17] Fund Management and Custody - The fund is managed by Penghua Fund Management Co., Ltd., and the custodian is Zhongtai Securities Co., Ltd. [1][42] - The fund's registration has been approved by the China Securities Regulatory Commission [1] Investor Eligibility - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [15] Fundraising Conditions - The fund contract will take effect if the total number of shares raised is not less than 200 million shares, the total amount raised is not less than 200 million RMB, and the number of fund shareholders is not less than 200 [17][39] - If these conditions are not met, the fundraising period may be extended, and the funds will be returned to investors with interest [40]

Fund Overview - The fund is named "Oriental Red Wisdom Growth Mixed Securities Investment Fund" with A class code 023082 and C class code 023083 [14][3] - It is a contract-based open-end mixed securities investment fund [2][15] - The fund aims for long-term stable appreciation of assets while strictly controlling investment portfolio risks [17] Fund Management and Custody - The fund is managed by Shanghai Oriental Securities Asset Management Co., Ltd. and the custodian is China Construction Bank Co., Ltd. [3][51] Fund Offering Details - The fundraising period is from June 10, 2025, to September 9, 2025, with a maximum extension of three months if necessary [5][20] - The minimum total fundraising amount is 200 million units (excluding interest) and the minimum fundraising amount is 200 million RMB (excluding interest) [6][19] - The fund shares are available for individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [7][18] Subscription Process - Investors can subscribe through direct sales centers and online trading systems, with a minimum subscription amount of 10 RMB during the fundraising period [11][23] - The subscription fee structure varies between A class and C class shares, with A class shares incurring subscription fees and C class shares incurring service fees [5][24] - Investors must use the company's open-end fund account for subscription, and those without an account can open one through direct or agent sales institutions [8][28] Risk and Investment Strategy - The fund may invest in A-shares and Hong Kong stocks through the Stock Connect mechanism, facing specific risks associated with market volatility and currency fluctuations [9][10] - The fund can also invest in stocks listed on the Sci-Tech Innovation Board and asset-backed securities, which carry unique risks [10][11] - The fund may utilize financial derivatives for investment, which can amplify both gains and losses [12] Fund Registration and Effectiveness - The fund's registration was approved by the China Securities Regulatory Commission on December 11, 2024 [1] - The fund contract will become effective once the fundraising conditions are met, including a minimum of 200 million units and 200 million RMB raised [47][48]

Group 1 - The fund is named "Dacheng Hang Seng Healthcare Exchange-Traded Open-Ended Index Securities Investment Fund Initiated Link Fund (QDII)" and is registered with the China Securities Regulatory Commission [1][16] - The fund will be publicly offered from June 9, 2025, to June 20, 2025, through direct sales and other distribution channels [4][19] - The fund is classified as an index fund, link fund, and initiated securities investment fund [16][17] Group 2 - The fund's management company is Dacheng Fund Management Co., Ltd., and the custodian is Industrial Bank Co., Ltd. [2][70] - The fund's initial share value is set at 1.00 RMB [17] - The fund's sales targets include individual and institutional investors, qualified foreign investors, and others permitted by law [5][17] Group 3 - The fund's investment strategy involves investing at least 90% of its net asset value in the target ETF [6] - The fund will invest in the Hang Seng Healthcare Index, which reflects the overall performance of healthcare-related securities listed in Hong Kong [8][9] - The index is calculated using a free-float market capitalization weighting method, with specific limits on individual stock weights [12] Group 4 - Investors can subscribe to the fund with a minimum amount of 1 RMB, and multiple subscriptions are allowed during the offering period [26] - The fund's subscription process includes a confirmation of application validity on the next trading day after submission [10][26] - Interest generated from valid subscription funds during the offering period will be converted into fund shares for the investors [31][63]

Key Points - The new fund issuance market has slightly cooled down, with a decrease in both the number of participating fund managers and newly issued funds. In April, 75 companies participated in fund issuance, a decrease of 1.32% month-on-month, and a total of 127 new funds were issued, down 4.51% month-on-month [1][4][8] - Index funds remain the market hotspot, with 87 index funds issued in April, accounting for 68.50% of the total issuance, both figures reaching new highs. The most tracked indices include the Free Cash Flow Strategy Index, the Shanghai Stock Exchange Sci-Tech Innovation Board Composite Price Index, and the CSI A500 Index [1][9] - There were no QDII funds issued in April, attributed to QDII quota restrictions, fund approval conditions, and market environment factors. Since May 9, 2024, no new QDII quotas have been added, limiting fund managers' issuance options [2][6] - The total number of funds issued in April was 170, including 43 funds that continued issuance from previous months, with 127 newly issued funds. The types of funds issued included 87 index funds, 23 bond funds, and 10 mixed funds [5][7][9] - The total fundraising amount in April was 945.51 billion yuan, a month-on-month increase of 0.11% but a year-on-year decrease of 30.85%. Index funds accounted for approximately 58.30% of the total fundraising, with 551.24 billion yuan raised [14][20] - The average subscription period for funds in April was 14.38 days, a decrease of 20.42% month-on-month and 42.50% year-on-year. Among these, 18 funds completed fundraising within 5 days [18][20]