Guotou Silver LOF Latest Announcement: Trading will be suspended from the market opening on February 24 until 10:30 on the same day. Fund redemption services will continue as usual.

On the evening of February 23, Guotou Ruiyin Fund announced that the recent trading price of Guotou Silver LOF in the secondary market has experienced a significant premium. To protect investors’ interests, Guotou Silver LOF will suspend trading from the market opening on February 24 until 10:30 a.m. on the same day. Trading will resume at 10:30 a.m. on February 24. During the suspension period, fund redemption services will continue as usual.

On the same day, Guotou Capital announced that recently, the valuation adjustment of Guotou Silver LOF, a subordinate third-level holding investment of Guotou Ruiyin Fund, has attracted market attention. Guotou Ruiyin Fund issued a special work plan for this matter on February 15. Preliminary estimates suggest that this plan will have a certain negative impact on the company’s net profit attributable to shareholders in 2026, with an impact amounting to less than 5% of the company’s audited net profit attributable to shareholders in 2024. It will not have a substantial impact on the company’s overall business development.

Guotou Capital’s 2024 annual report shows that the company’s net profit attributable to shareholders of the listed company is approximately 2.694 billion yuan.

The settlement-related plan for Guotou Silver LOF applies to individual investors who redeemed at net asset value on February 2 (including redemption applications submitted after 3:00 p.m. on January 30 and before 3:00 p.m. on February 2), excluding institutional investors.

For individual investors affected by valuation adjustments (the portion adjusted from -17% to -31.5%) with an impact amount below 1,000 yuan, the full amount of the impact will be used to determine the settlement amount based on the actual impact (more than 90% of the investors who redeemed on that day fall into this category). For individual investors with an impact amount exceeding 1,000 yuan (including), the total settlement amount will be calculated by adding 1,000 yuan plus the excess over 1,000 yuan multiplied by a certain ratio.

Individual investors can search for the “Guotou Ruiyin Silver Fund” mini-program on Alipay, complete identity verification as prompted, and follow the instructions to handle related matters online. The mini-program will be officially launched on February 26.

(Source: China Securities Journal)