**South China Fund Management Co., Ltd.** **Announcement on Open Day Regular Subscription and Redemption of Fund** **Date:** May 19, 2025 **Notice Regarding Subscription and Redemption Arrangements** Dear investors, This announcement provides detailed information regarding the subscription and redemption arrangements for open days of our fund. Please read it carefully to ensure a full understanding of the relevant procedures. **Subscription and Redemption Details** 1. **Fund Operation Principles:** - All subscriptions must be fully paid; only upon confirmation of payment will the subscription be deemed effective. - Redemption applications are valid if there are sufficient shares in the investor's account. The redemption is confirmed upon processing by the fund registration institution. 2. **Settlement Process:** - Redemption proceeds will generally be paid within 7 business days (T+7) after the redemption application is accepted, excluding any delays caused by force majeure or market disruptions. - In cases of massive redemptions or other circumstances outlined in the fund contract that necessitate suspension or deferment of redemption payments, the procedures for payment will follow the relevant provisions of the fund contract. **Transaction Confirmation** - **Effective Date:** The day on which the subscription or redemption application is successfully received by the sales institution before market closure (T-day) is considered the transaction date. - **Confirmation Timeframe:** The registration institution will confirm the validity of transactions within 1 business day after T-day. Investors can check the confirmation status at the sales outlet or through the official website on T+2 day. **Risk Warning** Investing in funds carries inherent risks, and investors should be aware that past performance is not indicative of future results. Please carefully review the fund contract,招募说明书, and product profile to fully understand the risks and returns associated with this investment. **Sales Information** For further details about this fund, please consult our sales outlets or contact our customer service at 400-810-5599. You can also visit our website at www.nanhuafunds.com for comprehensive information regarding this fund. **Important Notice** This announcement serves as a guide to the subscription and redemption process on open days. Investors should ensure they comply with all specified procedures and requirements when conducting transactions. Should you have any questions or require further assistance, please do not hesitate to contact us. Thank you for your trust and support. Sincerely, South China Fund Management Co., Ltd. May 19, 2025