S&P 500 ETF: Warning of premium risk in secondary market trading prices.

The announcement of the S&P 500 ETF stated that the recent secondary market trading price of the fund was significantly higher than the net asset value, resulting in a substantial premium. Investors may suffer significant losses due to blind investment. If the premium does not effectively decrease, the fund has the right to apply for temporary suspension of trading. The fund will suspend new purchases starting from November 3, 2025. The secondary market trading price of the fund is influenced not only by the net asset value, but also by factors such as supply and demand, system, and liquidity. Currently, the fund is operating normally, and there is no undisclosed material information that needs to be disclosed.