China Merchants Fund Smart Car ETF: asset net value has been below 50 million yuan for 30 consecutive days.

The China Southern Securities Smart Automobile ETF announced that as of March 3, 2026, the net asset value of the fund has been below 50 million yuan for 30 consecutive working days. According to the fund contract, if the number of fund shareholders is less than 200 or the net asset value is below 50 million yuan for 50 consecutive working days, the contract will terminate without the need for a shareholder meeting. If the contract terminates, the fund will be liquidated, no longer processing subscription or redemption transactions. Investors should pay attention to liquidity risks and make appropriate investment arrangements.