Core Viewpoint - The report from Shenwan Hongyuan Securities Asset Management Company details the clearing report of the Shenwan Hongyuan Quarterly Preferred 3-Month Rolling Bond Collective Asset Management Plan, which was approved by the China Securities Regulatory Commission and has a duration of three years starting from November 15, 2022, set to terminate on November 14, 2025 [1]. Group 1: Asset Management Plan Details - The Shenwan Hongyuan Quarterly Preferred 3-Month Rolling Bond Collective Asset Management Plan was transformed from the Hongyuan Securities Hongyuan No. 10 Stock-Bond Dual-Enhanced Collective Asset Management Plan [1]. - The asset management contract for the plan became effective on November 15, 2022, and will terminate on November 14, 2025, with the manager responsible for clearing according to relevant laws and regulations without needing to convene a meeting of plan holders [1]. Group 2: Performance Metrics - As of December 8, 2025, the cumulative unit net values for the bond A, B, and C classes are 1.0927 yuan, 1.1344 yuan, and 1.0846 yuan, respectively, with cumulative returns of 9.31%, 9.92%, and 8.50% [3][5][7]. - The performance comparison shows that the bond A class has a year-to-date increase of 1.07%, while the average of similar funds is 2.55%, and the CSI 300 index has increased by 16.86% [4].

Core Points - The board of directors of the company guarantees that the quarterly report of the fund contains no false records, misleading statements, or significant omissions, and they bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content [1] - The company has announced the full report of several asset management plans, including the "Shenwan Hongyuan Dual Season Increment 6-Month Holding Period Bond Type Collective Asset Management Plan" and others, which will be disclosed on the company's website and the China Securities Regulatory Commission's fund electronic disclosure website [1] - The fund manager commits to managing and utilizing fund assets with honesty and diligence but does not guarantee profits or minimum returns [1] Fund Information - The "Shenwan Hongyuan Tiantian Increment Money Market Collective Asset Management Plan" has a dividend payment announcement dated October 28, 2025, and does not include reinvestment of dividends, meaning there is no situation of profit transfer to fund shares [2] - The plan uses a method of estimating returns daily for valuation, with differences between estimated net income and actual distribution due to the way bank deposits are valued [2] - Investors purchasing shares on the same day will enjoy distribution rights from the next trading day, while those redeeming shares will not enjoy distribution rights from the same day [3] Payment and Calculation - The plan calculates daily returns based on estimated net income, with positive, negative, or zero returns affecting the daily accrual of investor earnings [3] - Monthly payments are made in cash dividends, with adjustments to the investor's fund shares if cumulative returns are negative [3] - Investors can access relevant information through the company's website or customer service [3]