Generally speaking, the fund manager will hire a statutory capital verification institution to conduct capital verification within 10 days after the expiration of the raising period, and submit the capital verification report to the China Securities Regulatory Commission for fund filing procedures within 10 days after receiving the capital verification report. From the date of written confirmation by China Securities Regulatory Commission, the fund contract is established after the fund filing procedures are completed.
Huabao Xingye Pharmaceutical Bio-collection ended on February 24th, and then it can be established in about mid-March ten days later. After its establishment, it can be redeemed in three months.