Legal analysis: freezing funds means that the funds needed for new share subscription are frozen at the time of new share subscription. After capital verification, as a valid subscription certificate, the funds cannot be used for other purposes within a few working days. Funds are thawed after subscription.

Legal basis: People's Republic of China (PRC) Securities Investment Fund Law.

Article 69 The purchase and redemption price of fund shares shall be calculated according to the net value of fund shares on the purchase and redemption date plus or minus related expenses.

Article 180 Inquire about the capital accounts, securities accounts and bank accounts of the parties and the units and individuals related to the investigated events; If there is evidence that illegal funds, securities and other property involved have been or may be transferred or concealed, or important evidence has been concealed, forged or destroyed, it may be frozen and sealed up with the approval of the principal responsible person of the securities regulatory agency in the State Council.