Group 1 - The core point of the announcement is that the Nasdaq 100 Exchange-Traded Fund (ETF) managed by Guotai Fund Management Company is trading at a significant premium over its reference net asset value, prompting a warning to investors about the risks associated with this premium [1] - The fund is currently operational without any undisclosed significant information, and the fund manager will adhere to legal regulations and contractual obligations in its investment operations [1][2] - The fund has suspended subscription services since November 25, 2024, and investors can still trade the fund in the secondary market [1] Group 2 - The fund operates on a periodic open-end basis, alternating between closed and open periods, with the current closed period running from September 4, 2025, to December 3, 2025 [3][7] - From December 4, 2025, to December 31, 2025, the fund will accept subscription, redemption, and conversion applications, while a new closed period will commence from January 1, 2026, to March 31, 2026 [3][7] - The minimum subscription amount for investors is set at 1.00 yuan, and the fund manager may adjust fees within the contractual framework [8][10] Group 3 - The fund allows for redemption of all or part of the fund shares, with a minimum redemption of 1.00 share, and specific rules may apply based on the sales institutions [12][13] - Redemption fees are applicable based on the holding period, with different rates for holdings of less than or more than 7 days [13] - The fund manager has the authority to adjust the redemption fees and procedures as necessary, with prior notice to investors [14] Group 4 - The fund supports conversion of shares between different funds managed by Guotai Fund Management Company, with specific fees applicable for conversions [15][17] - The minimum conversion request is also set at 1.00 share, and conversions must occur within the same sales institution [17] - The fund manager retains the right to modify conversion procedures based on market conditions or regulatory changes [17] Group 5 - The announcement includes details about the direct sales institution and other sales institutions where the fund can be purchased, along with contact information for customer service [18] - Investors are advised to read the fund contract and prospectus to understand the product details and associated risks [18] - The fund management company emphasizes its commitment to managing assets with integrity and diligence, although it does not guarantee profits or minimum returns [18]