China Settlement issued a notice stating that in order to reduce market participation costs, three types of registration and settlement business fees will be reduced from January 1, 2026: First, subscription and redemption registration and settlement fees for monetary funds and ETFs will be reduced from 150,000 yuan/year to 120,000 yuan/year. The annual fee for the year of initial registration is calculated and collected according to the month of actual existence of the fund share registration, and the annual fee for the year of withdrawal is no longer charged from the month following withdrawal of registration; second, preferential measures are implemented to halve the dividend payment fees for B-shares and depository certificates in the Shanghai and Shenzhen markets, that is, they are charged according to 0.5％ of the total amount of cash disbursed, and the portion of the fee amount exceeding 1.5 million yuan is exempted; third, the online voting service fee for companies in the delisted sector is temporarily exempted from charging 2,000 yuan/time.

China Settlement issued a notice stating that in order to reduce market participation costs, three types of registration and settlement business fees will be reduced from January 1, 2026: First, subscription and redemption registration and settlement fees for monetary funds and ETFs will be reduced from 150,000 yuan/year to 120,000 yuan/year. The annual fee for the year of initial registration is calculated and collected according to the month of actual existence of the fund share registration, and the annual fee for the year of withdrawal is no longer charged from the month following withdrawal of registration; second, preferential measures are implemented to halve the dividend payment fees for B-shares and depository certificates in the Shanghai and Shenzhen markets, that is, they are charged according to 0.5％ of the total amount of cash disbursed, and the portion of the fee amount exceeding 1.5 million yuan is exempted; third, the online voting service fee for companies in the delisted sector is temporarily exempted from charging 2,000 yuan/time.