Yinhua Huazheng ESG Leading Index Fund issues liquidation warning

On May 8, YinHua Fund announced that as of May 6, the net asset value of the YinHua HuaZheng ESG Leading Index Fund has been below 50 million yuan for 30 consecutive working days. According to regulations, if the fund continues to have fewer than 200 shareholders or a net asset value below 50 million yuan for 50 consecutive working days, the fund contract will be terminated and the fund assets liquidated without the need for a shareholder meeting to vote. The YinHua HuaZheng ESG Leading Index Fund was established in November 2021 with a fundraising scale of 282 million yuan. As of the end of the first quarter of this year, the scale was 49 million yuan. Since its establishment, the fund has incurred a loss of nearly 7.5%, but has achieved a return of around 17% in the past three years.