Rongtong Zhongzheng Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF)
(Formerly Rongtong Zhongzheng Military Industry Index Split-Level Securities Investment Fund)
2020 Annual Report
December 31, 2020
Fund Manager: Rongtong Fund Management Co., Ltd.
Fund Custodian: China Construction Bank Co., Ltd.
Date of Submission: March 30, 2021
Rongtong Zhongtong Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF) 2020 Annual Report
Page 2 of 92
§1 Important Notes and Directory
1.1 Important Notes
Rongtong Zhongzheng Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF) was transformed from "Rongtong Zhongzheng Military Industry Index Split-Level Securities Investment Fund".
From October 23, 2020, to October 29, 2020, the fund manager, Rongtong Fund Management Co., Ltd., held a meeting of fund shareholders via correspondence, and the meeting approved the proposal to transform the fund into a non-split index fund, and the fund name was changed to "Rongtong Zhongzheng Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF)".
The basic shares, military shares A, and military shares B of Rongtong Zhongzheng Military Industry Index Split-Level Securities Investment Fund were all converted into shares of Rongtong Zhongzheng Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF).
The "Rongtong Zhongzheng Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF) Fund Contract" came into effect on December 1, 2020, and the "Zhongzheng Military Industry Index Split-Level Securities Investment Fund" became invalid on the same day.
Details can be found in the announcement published on October 31, 2020, in the designated information disclosure media, titled "Announcement on the Results of the Shareholders' Meeting of Rongtong Zhongzheng Military Industry Index Split-Level Securities Investment Fund and the Entry into Force of the Resolution".
The board of directors of the fund manager and the directors guarantee that the information in this report is true, accurate, and complete, and they bear individual and joint legal responsibility for the content.
This annual report has been signed by more than two-thirds of the independent directors and issued by the chairman of the board of directors.
The fund custodian, China Construction Bank Co., Ltd., reviewed the financial indicators, net value performance, profit distribution, financial accounting reports, and investment portfolio reports in this report according to the fund contract, and guaranteed that the reviewed content does not contain false records, misleading statements, or major omissions.
The fund manager promises to manage and use the fund assets with honesty, credit, diligence, and responsibility, but does not guarantee that the fund will definitely make a profit.
The past performance of the fund does not represent its future performance.
Investment has risks, and investors should carefully read the fund's prospectus and updates before making investment decisions.
The financial data in this report has been audited, and PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special General Partnership) has issued a standard unqualified audit report for the fund.
This report covers the period from January 1, 2020, to December 31, 2020, including:
Pre-transformation: January 1, 2020, to November 30, 2020;
Post-transformation: December 1, 2020, to December 31, 2020.
Rongtong Zhongzheng Cloud Computing and Big Data Theme Index Securities Investment Fund (LOF) 2020 Annual Report
Page 3 of 92
1.2 Directory
§1 Important Notes and Directory ....................................................... 2
1.1 Important Notes .................................................................... 2
1.2 Directory ........................................................................ 3
§2 Fund Overview ..................................................................... 6
2.1 Fund Basic Information (Post-Transformation) ...................................... 6
2.1 Fund Basic Information (Pre-Transformation) ...................................... 6
2.2 Fund Product Description (Post-Transformation) .................................... 6
2.2 Fund Product Description (Pre-Transformation) .................................... 7
2.3 Fund Manager and Fund Custodian ...................................................... 7
2.4 Information Disclosure Method ........................................................ 8
2.5 Other Relevant Information (Post-Transformation) ................................. 8
2.5 Other Relevant Information (Pre-Transformation) ................................. 8
§3 Major Financial Indicators, Fund Net Value Performance, and Profit Distribution Situation ................ 8
3.1 Major Accounting Data and Financial Indicators (Post-Transformation) .............. 8
3.1 Major Accounting Data and Financial Indicators (Pre-Transformation) .............. 9
3.2 Fund Net Value Performance (Post-Transformation) ............................... 9
3.2 Fund Net Value Performance (Pre-Transformation) ............................... 10
3.3 Profit Distribution Situation of the Fund in the Past Three Years (Post-Transformation) ....... 12
3.4 Profit Distribution Situation of the Fund in the Past Three Years (Pre-Transformation) ....... 12
§4 Manager's Report .................................................................. 12
4.1 Fund Manager and Fund Manager Situation ........................................... 12
4.2 Manager's Explanation on the Fund's Operation in Accordance with Laws and Regulations ....... 15
4.3 Manager's Special Explanation on Fair Trading ..................................... 15
4.4 Manager's Explanation on the Fund's Investment Strategy and Performance .............. 16
4.5 Manager's Brief Outlook on the Macro Economy, Securities Market, and Industry Trends ....... 16
4.6 Manager's Internal Supervision and Audit Work on the Fund ........................... 17
4.7 Manager's Explanation on the Fund's Valuation Procedure and Other Matters ............ 17
4.8 Manager's Explanation on the Fund's Profit Distribution Situation ................... 18
4.9 Manager's Explanation on the Warning Situation of the Fund's Shareholder Number or Fund Assets Net Value .... 18
§5 Custodian's Report .................................................................. 18
5.1 Custodian's Statement on Compliance with Laws and Regulations ................... 18
5.2 Custodian's Explanation on the Fund's Investment Operation, Net Value Calculation, and Profit Distribution ... 18
5.3 Custodian's Opinion on the Truth, Accuracy, and Completeness of the Financial Information in the Annual Report ... 18
§6 Audit Report (Post-Transformation) .................................................... 18
§6 Audit Report (Pre-Transformation) .................................................... 20
§7 Annual Financial Statements (Post-Transformation) ................................. 22
7.1 Balance Sheet .................................................................. 22
7.2 Income Statement ................................................................. 23
7.3 Statement of Changes in Owners' Equity (Fund Net Value) ........................... 24
7.4 Notes to the Financial Statements ................................................... 25
§7 Annual Financial Statements (Pre-Transformation) ................................. 45
7.1 Balance Sheet .................................................................. 45
7.2 Income Statement ................................................................. 46
7.3 Statement of Changes in Owners' Equity (Fund Net Value) ........................... 47
7.4 Notes to the Financial Statements ................................................... 48
§8 Investment Portfolio Report (Post-Transformation) ................................. 70
8.1 Fund Asset Composition at the End of the Period ............................... 70
8.2 Stock Investment Portfolio by Industry at the End of the Period ................... 71
8.3 All Stock Investments at the End of the Period, in Descending Order of Their Net Value ................ 71
8.4 Significant Changes in the Stock Investment Portfolio during the Period ............ 73
8.5 Bond Investment Portfolio by Type at the End of the Period ...................... 74
8.6 Top 5 Bond Investments at the End of the Period, in Descending Order of Their Net Value ........... 74
8.7 All Asset-Backed Securities Investments at the End of the Period, in Descending Order of Their Net Value ... 74
8.8 Top 5 Precious Metal Investments at the End of the Period, in Descending Order of Their Net Value ..... 74
8.9 Top 5 Warrant Investments at the End of the Period, in Descending Order of Their Net Value ........ 74
8.10 Explanation on the Fund's Investment in Stock Index Futures at the End of the Period ........... 74
8.11 Explanation on the Fund's Investment in Government Bond Futures at the End of the Period ...... 75
8.12 Notes to the Investment Portfolio Report ........................................... 75
§8 Investment Portfolio Report (Pre-Transformation) ................................. 75
8.1 Fund Asset Composition at the End of the Period ............................... 75
8.2 Stock Investment Portfolio by Industry at the End of the Period ................... 76
8.3 All Stock Investments at the End of the Period, in Descending Order of Their Net Value ................ 76
8.4 Significant Changes in the Stock Investment Portfolio during the Period ............ 78
8.5 Bond Investment Portfolio by Type at the End of the Period ...................... 79
8.6 Top 5 Bond Investments at the End of the Period, in Descending Order of Their Net Value ........... 79
8.7 All Asset-Backed Securities Investments at the End of the Period, in Descending Order of Their Net Value ... 79
8.8 Top 5 Precious Metal Investments at the End of the Period
