Fund Overview - The Tianhong Guozheng Hong Kong Stock Connect Technology Exchange-Traded Open-Ended Index Securities Investment Fund was approved for registration by the China Securities Regulatory Commission on September 23, 2025 [1] - The fund is classified as an equity fund and operates as an exchange-traded fund [1][13] - The fund aims to raise a maximum of 2 billion RMB, with a cap of 20 billion RMB for the initial fundraising period [3][15] Fund Subscription Details - The subscription period is from October 20, 2025, to October 28, 2025, excluding weekends and holidays [18] - Investors can choose between online cash subscription and offline cash subscription methods [20][27] - The subscription fee will not exceed 0.80% [9][21] Investor Requirements - Investors must have a Shenzhen Stock Exchange RMB ordinary stock account or a Shenzhen Securities Investment Fund account to subscribe [2][33] - New investors need to open a Shenzhen Securities account before subscribing [34] Fund Management and Custody - The fund is managed by Tianhong Fund Management Co., Ltd., with China Construction Bank as the custodian [1][54] - The fund's assets will be verified by a legal verification agency within 10 days after the fundraising period ends [53] Risk Factors - The fund will primarily invest in stocks listed on the Hong Kong Stock Exchange that meet specific criteria, including being in the technology sector and having a compound annual growth rate of over 10% in revenue over the last two years [6][7] - The fund may face risks associated with market volatility, liquidity, and currency fluctuations due to its investment in overseas markets [10][11] Fund Structure and Operations - The fund will utilize a full replication method to track the performance of its benchmark index, which is the Guozheng Hong Kong Stock Connect Technology Index [7] - The fund's net asset value may fluctuate due to market conditions, and investors should be aware of the inherent risks [10][12]