Guo Investment Capital: The Silver Fund Special Plan will have a certain negative impact on the company's net profit attributable to shareholders in 2026.

Beijing Business Daily (Reporter Li Haiyuan) February 23 — GuoTou Investment announced that the valuation adjustment of GuoTou RuiYin Silver Futures Securities Investment Fund (LOF), a subsidiary of the company’s third-level holding investment enterprise GuoTou RuiYin Fund, has attracted market attention. GuoTou RuiYin Fund issued a special work plan for this matter on February 15 (hereinafter referred to as the “Plan”).

GuoTou Investment stated that, based on preliminary estimates, this plan is expected to have a certain negative impact on the company’s net profit attributable to shareholders in 2026, with the impact amounting to less than 5% of the company’s audited net profit attributable to shareholders in 2024, and will not have a substantial impact on the company’s overall business development. The final accounting treatment and the impact on the company’s 2026 profits will be subject to the annual audit results.

Looking back at February 15, GuoTou RuiYin Fund announced that the company had conducted a valuation adjustment for GuoTou RuiYin Silver Futures Securities Investment Fund (LOF). The announcement drew high investor attention. The company promptly coordinated and deployed various tasks around the clock, and formulated a plan.

The plan applies to individual investors who redeem on February 2, 2026, based on the net asset value confirmed for redemption (including redemption applications submitted after 3:00 PM on January 30, 2026, and before 3:00 PM on February 2, 2026), excluding institutional investors.

The specific plan includes two parts. First, for individual investors affected by the valuation adjustment (from -17% to -31.5%) with an impact amount of less than 1,000 yuan, the full amount of the actual impact will be used to determine the settlement amount (these investors account for over 90% of the investors redeeming on that day).

Second, for individual investors affected by the valuation adjustment (from -17% to -31.5%) with an impact amount of 1,000 yuan or more, the total settlement amount will be calculated by adding 1,000 yuan plus the excess over 1,000 yuan multiplied by a certain ratio.

GuoTou RuiYin Fund stated that the above 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. Due to the large number of investors involved and the heavy workload, the company is making every effort to advance technical support preparations. The mini-program will be officially launched on February 26, 2026.