Opening process and precautions for bond qualified investors

Hello, the opening process of bond qualified investors is as follows:

The business staff will verify the customer's identity documents and require the customer to sign the "Risk Disclosure Letter for Qualified Investors in the Bond Market" in writing

Through the menu of [** - Investor Suitability Management - Bond Suitability Management - Bond Qualified Investor Registration] in the account system, the daily business personnel can select the transaction type (Shanghai, Shenzhen), select "Signed" in the risk disclosure form, verify the investor's assets, and complete the registration of bond qualified investors.

The business personnel of the headquarters export the undeclared records of the day through the account system menu [** - Investor Suitability Management - Bond Suitability Management - Bond Suitability Data Declaration], and report the account list of bond qualified investors through the bond area of the Shanghai and Shenzhen ** exchanges.

Precautions are:

1.If a branch accepts the entrustment of the client on T day, it must complete the registration process of bond qualified investors before 15:00 on T day. Customers who apply after 15:00 on T day must operate the system on T+1 day.

2.On the day of the declaration of the authority of the qualified investor of bonds, after the branch completes the system declaration, it is necessary to contact the operation management department of the wealth management headquarters in a timely manner to complete the relevant account filing.

Bonds that can be invested in by individual accredited investors include:

1. Treasury bonds. 2. Local ** debt.

3. Policy bank financial bonds.

4. Convertible corporate bonds issued to the public.

5. Debt rating AAA and risk-free large public offering corporate bonds and corporate bonds.

6. Small public corporate bonds and corporate bonds with AAA debt rating and no risk.

7. Securities lending transactions of pledged repurchase (i.e., bond pledged reverse repo).

Please note: If one of the following circumstances occurs during the duration of the bond, only institutional investors among qualified investors can ** the bond from the date of disclosure of the situation: The credit rating of corporate bonds and corporate bonds is downgraded to AAA

Below grade (excluding AAA) The issuer's audited financial report for the most recent fiscal year shows a loss or the corrected financial report shows a loss The issuer defaults on its debts, delays in paying principal and interest, or other events that may have a significant impact on the repayment of principal and interest on the bonds The issuer has seriously violated laws, administrative regulations, departmental rules or contractual agreements, or has been investigated by the ** supervision and management department, which seriously affects its solvency Other circumstances identified by the exchange.

Hello, if an institutional investor meets one of the following conditions, he or she needs to bring a valid identity document to the account opening business department for on-site opening.

1. Financial institutions established with the approval of the relevant financial regulatory authorities, including ** companies, ** companies, ** management companies and their subsidiaries, commercial banks, insurance companies, and trust companies.

financial companies, etc.; **Company subsidiaries, **company subsidiaries, and private equity managers) that have been filed or registered by industry associations.

2. The wealth management products issued by the above-mentioned financial institutions to investors include but are not limited to **company asset management products, **management companies and their subsidiaries, **company asset management products, bank wealth management products, insurance products, trust products, and private placements filed by industry associations.

3. Social security**.

Enterprise annuity and other pensions, charity and other social welfare, qualified institutional investors.

QFII), Renminbi Qualified Foreign Institutional Investor (RQFII).

4. Legal persons or other organizations that meet the following conditions at the same time: (1) net assets at the end of the last 1 year are not less than 20 million yuan; (2) Financial assets at the end of the last 1 year.

not less than 10 million yuan; (3) Have more than 2 years of investment experience in foreign exchange.

5. Other qualified investors recognized by the China Securities Regulatory Commission.