Core Insights - Penghua Fund has announced the effective contract of the Penghua SSE Sci-Tech Innovation Board Composite Index Enhanced Securities Investment Fund, with a total net subscription amount of 1,898,660,288.11 yuan during the fundraising period [1][4] - The fund manager, Su Junjie, has extensive experience in quantitative investment and has held various positions in prominent financial institutions [1] Fund Details - Fund Name: Penghua SSE Sci-Tech Innovation Board Composite Index Enhanced Securities Investment Fund [2] - Fund Code: 024883 [2] - Fund Type: Contractual open-end fund [2] - Effective Date: October 21, 2025 [2] - Fund Manager: Penghua Fund Management Co., Ltd. [2] - Custodian: Industrial and Commercial Bank of China [2] Fundraising Information - Total valid subscription accounts: 27,518 [4] - Total net subscription amount: 1,898,660,288.11 yuan [4] - Interest generated during the fundraising period: 1,134,520.09 yuan [4] - Total fund shares: 1,899,794,808.20 shares [4]

Fund Overview - The fund is named "Penghua Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced Securities Investment Fund" with A and C class share codes 024883 and 024884 respectively [8][9] - The fund is a contractual open-end stock fund [2][8] - The initial value of each fund share is set at 1.00 RMB [9] Fundraising Details - The fundraising period is from September 17, 2025, to October 15, 2025 [3][15] - The maximum fundraising scale is capped at 2 billion RMB, excluding interest accrued during the fundraising period [10][26] - The fund is open to individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [12][26] Subscription Process - Investors must open an open-end fund account with the fund management company to subscribe [27][29] - The minimum subscription amount for each transaction account is 1 RMB, while the minimum for the direct sales center is 1 million RMB for the first subscription and 10,000 RMB for additional subscriptions [24][4] - Investors can make multiple subscriptions during the fundraising period, but once a subscription application is accepted, it cannot be revoked [5][22] Fee Structure - The A class shares will incur subscription fees, while C class shares will not [17][18] - Subscription fees for A class shares vary based on the type of investor, with specific rates for pension clients [17][18] Fund Management and Custody - The fund is managed by Penghua Fund Management Co., Ltd., and the custodian is Industrial and Commercial Bank of China [1][49] - The fund management company is responsible for managing and operating the fund assets with a commitment to diligence and integrity [6][7] Regulatory Compliance - The fund's registration has been approved by the China Securities Regulatory Commission (CSRC) [1] - The fund contract will become effective once the fundraising conditions are met, including a minimum of 200 investors and a total fundraising amount of at least 200 million RMB [15][45] Investor Rights and Responsibilities - Investors are encouraged to understand the risks and returns associated with the fund before investing [6][7] - The fund management company will return the subscription funds with interest if the fundraising conditions are not met by the end of the period [46]