China Asset Management Huifutianfu Zhi Fu Balanced Pension Target Three-Year Holding Hybrid-Initiated (FOF) Triggers Automatic Termination Clause

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On July 8, Harvest Fund published an announcement regarding the termination of the fund contract and the distribution of remaining assets for the Harvest Youfu Zhifu Balanced Retirement Target Three-Year Holding Period Mixed-Initiated Fund of Funds (FOF).

The announcement shows that the fund contract for the Harvest Youfu Zhifu Balanced Retirement Target Three-Year Holding Mixed-Initiated (FOF) fund was terminated on July 8, 2026, because after the fund contract had been in effect for three years (June 20, 2026), the net asset value of the fund assets was below RMB 200 million, triggering the automatic termination clause.

The report shows that the fund entered the liquidation process on June 21, 2026. The liquidation period was from June 21, 2026 to June 26, 2026. A liquidation group composed of the fund manager, the fund custodian, and professional institutions handled the liquidation. The total remaining assets were RMB 57,320,387.53, which will be distributed to fund unitholders in cash based on their respective share ratios, including any distribution rounding differences. The funds were transferred out of the custody account on July 8, 2026.

On the same day, it also published the liquidation report for the Harvest Youfu Zhifu Balanced Retirement Target Three-Year Holding Period Mixed-Initiated Fund of Funds (FOF).

The report shows that during the liquidation period from June 21 to June 26, 2026, because the gain from changes in fair value was a negative figure, the net liquidation gains were -386,765.28 yuan, which may affect the final distribution amount. After liquidation, net assets were 57,314,519.74 yuan, which will be distributed according to the liquidation procedures.

After asset disposal and debt settlement, as of the end date of this liquidation period, June 26, 2026, remaining assets amounted to RMB 57,314,519.74. According to the fund contract of this fund, after clearing all remaining assets of the fund property, the fund will distribute, based on the proportion of fund units held by fund unitholders, all remaining assets of the fund property after deducting liquidation expenses for the fund property, paying the taxes owed, and settling fund debts.

(Fund announcement)

(Editor: Xu Nannan)

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