Core Viewpoint - The announcement details the launch and operational guidelines for the "Hua Xia Shanghai Stock Exchange Science and Technology Innovation Board Semiconductor Materials and Equipment Thematic Exchange-Traded Fund (ETF)" set to be listed on April 8, 2025 [21]. Group 1: Fund Information - The fund is named "Hua Xia Shanghai Stock Exchange Science and Technology Innovation Board Semiconductor Materials and Equipment Thematic ETF" with the trading code 588170 [21]. - The fund will be available for subscription and redemption during normal trading hours on the Shanghai Stock Exchange, except when temporarily suspended by the fund manager [1]. Group 2: Subscription and Redemption Procedures - The fund operates on a "share subscription and redemption" principle, where both actions are based on share applications [2]. - The minimum subscription and redemption unit is set at 2 million shares, subject to adjustments by the fund manager based on market conditions [6]. - Investors must submit subscription and redemption applications in multiples of the minimum unit, and once submitted, these applications cannot be revoked [4][6]. Group 3: Pricing and Fees - Subscription and redemption prices include a combination of securities, cash alternatives, and other considerations, determined by the number of shares involved [3][8]. - A commission fee of up to 0.5% may be charged by the subscription and redemption agents, which includes fees from the securities exchange and registration institutions [8]. Group 4: Net Asset Value Disclosure - The fund manager is required to disclose the net asset value of the fund shares by the next business day after the subscription or redemption process begins [9]. Group 5: Additional Information - The fund will be listed for trading on the Shanghai Stock Exchange starting April 8, 2025, with further details available on the company's website [10][21]. - Investors can contact the company for more information regarding the fund's operations and procedures [10][19].