Core Viewpoint - Guotai Haitong Securities Asset Management Co., Ltd. has released a liquidation report for the Guotai Haitong Technology Innovation Select Three-Month Holding Period Stock Fund, indicating that the fund has raised a total of RMB 15,009,000.00 and will enter liquidation procedures if its net asset value falls below RMB 200 million by November 16, 2025 [1][2]. Fund Overview - The Guotai Haitong Technology Innovation Select Three-Month Holding Period Stock Fund is a contract-based open-end fund with an indefinite duration, officially established on November 16, 2022 [1]. - The fund's contract stipulates that it will automatically terminate if the net asset value falls below RMB 200 million three years after its establishment, specifically on November 16, 2025 [2]. Performance Metrics - As of the last disclosed net value date on November 17, 2025, the cumulative net value for the Guotai Haitong Technology Innovation Select Three-Month Holding Period Stock Fund A/C was 1.4433 yuan, with a cumulative return of 44.33% [5]. - The cumulative return for the Guotai Haitong Technology Innovation Select Three-Month Holding Period Stock Fund C was 42.20% [7]. - Year-to-date performance shows a return of 41.35% for Fund A and 40.74% for Fund C, outperforming the average of similar funds and the CSI 300 index [6][7]. Fund Management - The fund manager, Liu Sheng, has been with Shanghai Guotai Junan Securities Asset Management Co., Ltd. since July 2021, with a background in quantitative research and investment [8].

Group 1 - The fund named "Guotai Haitong Technology Innovation Selected Three-Month Holding Period Stock Fund" may trigger termination conditions as per the fund contract [1][2] - The fund's management and custody are handled by Shanghai Guotai Haitong Securities Asset Management Co., Ltd. and China Construction Bank Co., Ltd., respectively [1] - The fund's contract will automatically terminate if the net asset value falls below 200 million yuan by November 16, 2025, without the need for a meeting of fund shareholders [1][2] Group 2 - The fund officially changes its name from "Guotai Junan Technology Innovation Selected Three-Month Holding Period Stock Fund" to the new name on September 29, 2025 [2] - To mitigate the impact of potential termination on investors, the fund has suspended subscription and regular investment services since August 7, 2025 [2] - In the event of contract termination, the fund manager will establish a liquidation team to handle the fund's assets according to legal regulations and the fund contract [2]