Core Viewpoint - The company announced an adjustment to the income distribution principles of the Dongfanghong CSI Hong Kong Stock Connect High Dividend Investment Index Fund, effective from December 22, 2025, allowing for monthly income distributions instead of quarterly ones [1][2]. Group 1: Adjustment of Income Distribution Principles - The fund management will evaluate the fund's excess return relative to the benchmark and distributable profits on a monthly basis instead of quarterly [1]. - The fund will be allowed to distribute income monthly, provided it meets the distribution conditions, rather than quarterly [1]. Group 2: Revision of Fund Contract - The revision of the fund contract due to the adjustment in income distribution principles will not have any substantial adverse impact on the interests of fund shareholders [2]. - The modified fund contract will take effect on December 22, 2025, and does not require a shareholders' meeting for approval [2]. Group 3: Important Notifications - The updated fund contract will be disclosed on the company's website and the China Securities Regulatory Commission's electronic disclosure website on the effective date [3]. - Investors can contact the company for inquiries via the customer service hotline [3].

Core Viewpoint - Shanghai Dongfang Securities Asset Management Co., Ltd. has announced the effective contract of the Dongfang Hong CSI Hong Kong Stock Connect High Dividend Investment Index Fund, with a total net subscription amount of approximately 2.30 billion yuan during the fundraising period [1]. Fundraising Details - The net subscription amount during the fundraising period was 2,298,980,378.11 yuan, with interest accrued during this period amounting to 963,404.10 yuan, resulting in a total of 2,299,943,782.21 shares [1][2]. - The fundraising period was from July 28, 2025, to August 15, 2025, with a total of 18,917 valid subscription accounts [2]. Fund Management - The fund managers are Xu Xijia and Rong Yizhou. Xu Xijia has extensive experience in investment banking and asset management, having held various senior positions in different financial institutions [1]. - Rong Yizhou has served as a researcher and senior researcher in the quantitative investment department of Shanghai Dongfang Securities Asset Management Co., Ltd. and is currently a fund manager [1].

Fund Overview - The fund is named "Oriental Red CSI Hong Kong Stock Connect High Dividend Investment Index Fund" and is a contract-based open-end stock investment fund [21][22]. - The fund aims to closely track the underlying index, minimizing tracking deviation and error [23]. 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. [1][60]. Fund Offering Details - The fund's offering period is from July 28, 2025, to August 15, 2025, with a minimum total subscription of 200 million units and a minimum fundraising amount of 200 million RMB [25][57]. - The fund has two classes of shares: Class A (code: 024227) and Class C (code: 024228) [3][21]. Subscription Process - Investors can subscribe through direct sales and distribution institutions, with a minimum subscription amount of 10 RMB for direct sales [5][29]. - The fund allows multiple subscriptions during the offering period, and the subscription fee structure varies between Class A and Class C shares [30][32]. Investment Strategy - The fund will invest at least 90% of its net asset value in the index constituents and at least 80% of its non-cash assets in the same [14]. - The underlying index is the CSI Hong Kong Stock Connect High Dividend Investment Index, which includes stocks that have consistently paid dividends over the past three years [10][12][13]. Risk Factors - The fund is subject to various risks, including market volatility, liquidity risk, and specific risks associated with the Hong Kong stock market and investment in financial derivatives [18][19][20].