Yinhua Fund took the lead in "entering" the personal pension area of the electronic social security card

In order to facilitate the participation of the general public in the personal pension system and further improve the selectivity of the purchase of personal pension products, the Information Center of the Ministry of Human Resources and Social Security launched the "Personal Pension Product Purchase Area" of the electronic social security card in October 2023. Yinhua Fund became the first fund company to "enter" the "Personal Pension Product Purchase Zone" of the electronic social security card.

The electronic social security card is the online form and electronic license of the social security card, which corresponds to the physical social security card one-to-one and has the same function, and is uniformly issued, certified, managed and used nationwide by the national social security card service platform. The electronic social security card is an electronic voucher and settlement tool for cardholders to enjoy human resources and social security and other livelihood services online. The public can apply for and use electronic social security cards through electronic social security card apps and mini programs, national government service platforms, local human resources and social security department apps, social security card cooperative bank apps, WeChat, Alipay and other channels. As of the end of November 2023, more than 930 million people have applied for electronic social security cards, with a population coverage rate of 66%. (Data source: Information Center of the Ministry of Human Resources and Social Security)

The launch of the electronic social security card "personal pension product purchase area" has positive significance, by opening up the whole chain of personal pension business, participants can rely on the electronic social security card to enjoy personal pension account opening (including personal pension account, personal pension fund account), deposit, investment transactions, rights and interests inquiry and other services, to achieve one-stop handling of personal pension business. By optimizing and upgrading the third pillar of personal pension services, the comprehensive service capacity of pension insurance has been further enhanced. At present, the electronic social security card in its APP, WeChat applet, Alipay applet "personal pension product purchase area" in the first batch of Yinhua Fund all 7 pension target fund Y shares, the product type covers the pension target date and pension target risk two series, can meet the pension investment needs of different age groups.

Yinhua Fund is a fund management company with a full license for pension business, and has accumulated rich experience in the field of pension investment. Since the launch of the personal pension policy, the company attaches great importance to and actively responds to the call of the national policy, sets the personal pension business as the company's strategic business, organizes and carries out policy research, enterprise research, model design, system construction, investment and education services, etc., and has successively cooperated with Sinopec Industry and Finance Pension Company and other central state-owned enterprises to build an exclusive version of the personal pension area to provide employees with exclusive, accurate, high-end and continuous one-stop comprehensive pension financial services. At the same time, Yinhua Fund has carried out policy publicity and investment education services from multiple dimensions and in an all-round way, for example, through the "Yinhua Fund Weekly Meeting", to carry out a series of live pension investment education, and to carry out offline services by entering enterprises, communities, universities, etc., actively publicizing personal pension policies, explaining pension planning and pension investment, etc., to help the high-quality development of the third pillar of personal pension business in mainland China.

Tips:

The Y share of Yinhua Fund's pension target fund is sold by Yinhua Fund, and is connected with Yinhua Fund's direct sales platform through the electronic social security card "Personal Pension Product Purchase Area" to facilitate investors' investment in personal pension products.

The name of "pension" in the fund does not represent income protection or any other form of income commitment, and the relevant fund is not principal protected and may suffer losses. The fund contract of the pension target fund stipulates the minimum holding period of the fund shares, and within the minimum holding period, you will face liquidity constraints due to the inability to redeem or sell the fund shares. For details, please refer to the "Risk Disclosure" section of the fund's prospectus. Investment is risky and should be cautious. A fund is a long-term investment vehicle whose main function is to diversify investments and reduce the individual risks associated with investing in a single security. Unlike financial instruments such as bank savings that can provide fixed income expectations, when you buy fund products, you may not only share the income generated by the fund's investment according to your holdings, but also bear the losses caused by the fund's investment.

Before you make an investment decision, please carefully read the fund contract, fund prospectus and fund product key facts statement and other product legal documents and this risk disclosure, fully understand the risk-return characteristics and product characteristics of the fund, carefully consider the various risk factors existing in the fund, and fully consider your own risk tolerance according to your own investment objectives, investment period, investment experience, asset status and other factors, and make rational judgment and prudent investment decisions on the basis of understanding the product situation and sales suitability opinions.

In accordance with relevant laws and regulations, Yinhua Fund Management Co., Ltd. makes the following risk disclosures:

1. According to the different investment objects, funds are divided into different categories such as stock funds, mixed funds, bond funds, money market funds, funds of funds, commodity funds, etc., and you will get different return expectations and bear different degrees of risk when you invest in different types of funds. Generally speaking, the higher the expected return of a fund, the greater the risk you take.

2. The fund may face various risks in the process of investment and operation, including market risks, as well as the fund's own management risks, technical risks and compliance risks. Huge redemption risk is a risk unique to open-end funds, that is, when the net redemption application of a single open-day fund exceeds a certain percentage of the total fund shares (10% for open-end funds, 20% for regular open-ended funds, except for special products specified by the China Securities Regulatory Commission), you may not be able to redeem all the fund shares applied for in a timely manner, or the payment of your redemption may be delayed.

3. You should fully understand the difference between regular fixed investment and lump sum deposit and withdrawal of funds. Regular investment is a simple and easy investment method to guide investors to make long-term investment and average investment costs, but it cannot avoid the inherent risks of fund investment, cannot guarantee investors to obtain returns, and is not an equivalent financial management method to replace savings.

4. The fund manager undertakes to manage and use the fund assets in good faith, diligence and responsibility, but does not guarantee that the fund will be profitable, nor does it guarantee the minimum return. Past performance and net worth of a fund are not indicative of its future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of the performance of the fund. Yinhua Fund Management Co., Ltd. reminds you of the principle of "buyer's responsibility" in fund investment, and you shall bear the investment risks caused by changes in the operation status of the fund and the net value of the fund after making an investment decision. Fund managers, fund custodians, fund distribution agencies and related institutions do not make any promises or guarantees for the investment returns of the fund.

5. Yinhua Fund Management Co., Ltd. shall apply for fundraising in accordance with relevant laws, regulations and agreements, and shall be licensed by the China Securities Regulatory Commission (hereinafter referred to as the "China Securities Regulatory Commission") to register relevant funds. The fund contract, the fund prospectus and the fund product key facts statement have been publicly disclosed through the fund electronic disclosure website http://eid.csrc.gov.cn/fund the China Securities Regulatory Commission and the fund manager website www.yhfund.com.cn The registration of a fund by the CSRC does not indicate that it has made a substantive judgment or guarantee on the investment value, market prospects and returns of the fund, nor does it indicate that there is no risk in investing in the fund.