Core Points - Anxin Fund Management Co., Ltd. announced the suspension of subscription, conversion, and regular investment services for the Anxin Cash Management Money Market Fund before the National Day holiday starting from September 29, 2025 [1] - The decision aims to protect the interests of fund shareholders in accordance with relevant laws, regulations, and fund contracts [1] Summary by Category Fund Suspension Details - The suspension will take effect from September 29, 2025, and will include the Anxin Cash Management Money Market Fund [1] - Fund transactions submitted after 15:00 on September 26, 2025, will be treated as transactions on September 29, 2025, and will be subject to the same restrictions [1] Holiday Schedule - The holiday market closure is from October 1 to October 8, 2025, with normal trading resuming on October 9, 2025 [1] - The announcement is in accordance with the State Council's notice regarding holiday arrangements [1]

Core Viewpoint - Several fund management companies have announced the suspension of subscription for certain funds before the "May Day" holiday to prevent large inflows of capital that could dilute the returns for existing shareholders [1][3][4] Fund Management Actions - Fund companies such as Anxin Fund, Zheshang Fund, and others have decided to suspend subscriptions for various products, primarily focusing on bond funds, money market funds, and interbank certificate index funds, starting from April 29, resuming on May 6 [1][3] - The suspension is aimed at ensuring stable fund operations and protecting the interests of fund shareholders [1][3] Market Context - The decision to suspend subscriptions is influenced by the anticipated influx of funds seeking to preserve value during the holiday, which could lead to significant fluctuations in fund net values [4] - The Shanghai and Shenzhen Stock Exchanges have announced a market closure from May 1 to May 5, prompting fund managers to take preemptive measures [3] Investor Guidance - Fund managers have advised investors to make early trading arrangements to avoid inconveniences caused by transactions crossing over the holiday period [2][3] - Investors are encouraged to familiarize themselves with the trading and interest calculation rules of relevant products to avoid missing out on interest opportunities during the holiday [4]