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Notice On Issuing “Shanghai Stock Exchange Guidance For Business Management On Split-capital Funds”

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To strengthen the business management on split-capital funds and protect the legitimate rights and interests of investors, the Shanghai Stock Exchange (SSE) formulated the “SSE Guidance for Business Management on Split-capital Funds” (the “Guidance” for short). Approved by the China Securities Regulatory Commission (CSRC), the “Guidance” is hereby issued and the related matters are notified as follows:

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