Group 1 - The core announcement is about the adjustment of the fundraising period for the Penghua Hang Seng Technology ETF (QDII), which has been extended from November 7, 2025, to November 12, 2025 [1] - The fund was registered with the China Securities Regulatory Commission under document number 2012 and began fundraising on October 27, 2025 [1] - The new fundraising period allows investors to subscribe online and offline from October 27, 2025, to November 12, 2025 [1] Group 2 - The proposed fund manager, Li Yue, has a background as a researcher at Bosera Asset Management and as a fund manager at ICBC Credit Suisse Asset Management [2] - Li Yue joined Penghua Fund Management in May 2022 and currently serves as the fund manager for various funds, including the Penghua Hong Kong US Internet Equity Fund and the Penghua Dow Jones Industrial Average ETF [2] - Li Yue has been managing the Penghua Hang Seng China Central Enterprises ETF since January 27, 2025 [2]

Core Points - The article discusses the launch of the Penghua Hang Seng Technology Exchange-Traded Fund (QDII), which has been registered with the China Securities Regulatory Commission (CSRC) [1] - The fund aims to raise a maximum of 2 billion RMB, excluding interest and subscription fees, during its subscription period from October 27, 2025, to November 7, 2025 [3][12] - Investors can subscribe through online and offline cash subscription methods, with specific minimum subscription amounts required [13][14] Fund Details - Fund Name: Penghua Hang Seng Technology Exchange-Traded Fund (QDII) [11] - Fund Type: Open-ended, stock-type, QDII fund [11] - Initial Fund Share Value: 1.00 RMB per share [11][6] - Maximum Fundraising Limit: 2 billion RMB [12][29] Subscription Process - Subscription Methods: Online cash subscription and offline cash subscription [20] - Minimum Subscription Amount: 1,000 shares for online subscriptions; 1,000 shares for offline subscriptions through agents; 50,000 shares for offline subscriptions directly through the fund manager [14][28] - Subscription Period: October 27, 2025, to November 7, 2025 [18] Investor Requirements - Eligible Investors: Individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [2][15] - Requirement for Shanghai Securities Account: Investors must have a Shanghai Securities Account to subscribe [30][31] Fund Management and Custody - Fund Manager: Penghua Fund Management Co., Ltd. [1] - Fund Custodian: Industrial Bank Co., Ltd. [1] - Offshore Custodian: Citibank N.A. [1] Additional Information - The fund's contract and prospectus will be available on the company's website and the CSRC's electronic disclosure website [13] - The fund management may adjust the subscription arrangements based on various circumstances and will announce any changes [17][18]