The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

IMPORTANT: If you are in any doubt about the contents of this notice, you should immediately consult your stockbroker, bank manager, solicitor, accountant or financial adviser. Unless otherwise defined, terms in this notice shall have the same meaning as that in the Prospectus and the Hong Kong Covering Document of the Fund (as defined below).

The Securities and Futures Commission (“SFC”) authorization is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean that the Fund is suitable for all investors, nor is it an endorsement of its suitability for any particular investor or class of investors.

CCB Principal Asset Management Co., Ltd. (“the Manager”) accepts full responsibility for accuracy of the information contained in this notice and confirms, having made all reasonable enquiries, that to the best of its knowledge and belief, there are no other facts the omission of which would make every statement misleading and that opinions expressed in this notice have been arrived at after due and careful consideration.

CCB Principal Selected Growth Mixed Asset Fund* (*The name of the fund is not indicative of the fund’s performance and return)

Updated Prospectus (2017, Issue No. 1) and Updated Prospectus Summary (2017, Issue No. 1)

Dear Investors,

We, CCB Principal Asset Management Co., Ltd., the Manager of CCB Principal Selected Growth Mixed Asset Fund (the “Fund”), are pleased to inform you that the updated prospectus (2017, Issue No.1) and updated prospectus summary (2017, Issue No. 1) (the “Prospectus and its Summary”) of the Fund are now available on the website of the Hong Kong Representative, Principal Investment & Retirement Services Limited (www.principal.com.hk^). The Prospectus and its Summary are available in Traditional Chinese and English, and printed copies of the Prospectus and its Summary will be made available on request at the registered office of the Hong Kong Representative (27/F, Hopewell Centre, 183 Queen’s Road East).

Only Class H Units of the Fund are currently available to Hong Kong investors. Certain data as contained in the Prospectus and its Summary belong to Class A Units of the Fund, which shall be for reference only. The performance of Class

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

A Units of the Fund is not indicative of the performance of Class H Units of the Fund. Class A Units of the Fund are not authorized by the SFC for offering to the public in Hong Kong.

If you have any queries, please direct these to the Hong Kong Representative at 27/F, Hopewell Centre, 83 Queen’s Road East or by telephone at its telephone number: (852) 2117 8383.

^This website has not been reviewed by the SFC

CCB Principal Asset Management Co., Ltd.

20 April 2017

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

CCB Principal Selected Growth Mixed Asset Fund

Prospectus Summary (Updated)

2017 No. 1

Fund Manager: CCB Principal Asset Management Co., Ltd. Fund Custodian: Industrial and Commercial Bank of Limited

April 2017

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

[Important Information]

The Fund was offered upon approval by the CSRC on July 27, 2006 in its approval document Zheng Jian Ji Jin Zi [2006] No. 147. The Fund Contract of the Fund shall take effect on September 8, 2006.

The Fund Manager warrants that the contents of the Prospectus are true, accurate and complete. The Prospectus has been approved by the CSRC, but the CSRC’s approval of the Offering of the Fund neither represents its substantive judgment or guarantee on the value or return of the Fund, nor indicates that there is no risk when investing in the Fund.

The Fund Manager shall manage and use Fund assets with due diligence, good faith and prudence. However, it does not guarantee any profits or minimum returns of the Fund.

The Fund shall invest in securities market where the Net Asset Value of the Fund will fluctuate due to fluctuations or other factors in the market. Therefore, before investing on the Fund, Investors should obtain a good understanding of the Fund’s characteristics and undertake various risks arising from the investment in the Fund, including: systematic risks arising from the overall political, economic, social and environmental impact on the prices of securities, non-systematic risks of individual securities, liquidity risks arising from continuing massive redemption by the investors, operational risks arising from fund investment process, specific risks of the Fund, etc. Investors shall carefully read the Prospectus and the Fund Contract before making any investment decisions.

The Fund’s past performance is not indicative of its future performance.

The content contained in the Prospectus is up to 7 March 2017, and the related financial data contained in the Prospectus is up to 31 December 2016 (financial data has been audited). The Prospectus has been reviewed by the fund

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund custodian.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

1. Fund Manager

(I) Summary of the Fund Manager

Name: CCB Principal Asset Management Co., Ltd. Domicile: 16/F, Winland International Financial Center, 7 Jinrong Street, Xicheng District, Beijing Office 16/F, Winland International Financial Center, 7 Jinrong Address: Street, Xicheng District, Beijing Date of September 19, 2005 Establishment: Legal Xu Huibin Representative: Contact: Guo Yali Telephone: 010-66228888 Registered RMB 200 million Capital:

CCB Principal Asset Management Co., Ltd. was established with the approval of the CSRC under Zheng Jian Ji Jin Zi [2005] No. 158 document. Shareholding structure of the Company is the following:

Shareholder Shareholding Ratio China Construction Bank 65% Corporation (America) Principal Financial Group 25% China Capital Holdings Co., Ltd. 10%

The Fund Manager features fine corporate governance structure and standardized business activities, is capable of protecting interests of Investors. The shareholder's meeting is the authority of the Company which consists of all shareholders, who all serve to develop policies of the Company and responsible for the election and replacement of the directors or supervisors. As clearly specified in the articles of association, directors of the Company shall exercise

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund their rights by law via the shareholder's meeting and shall not intervene in operation and management of the Company or investment and operation of Fund assets in any direct or indirect manner.

Board of directors serves as the decision-making body of the Company and shall be responsible to and report to the shareholder's meeting. The board of directors of the Company consists of nine directors, including three independent directors. As specified by the articles of association, the board of directors shall exercise such rights as provided by the Company Law in relation to decision-making on relevant material matters, formulation of the Company's basic systems and supervision and reward and punishment of persons responsible for operation management including the president.

Board of supervisors of the Company consists of six supervisors, including three staff representatives serving as supervisor. Board of supervisors shall be responsible to the shareholder's meeting and be mainly liable for the inspection of the Company's financial situation and supervision over due diligence of directors and senior management of the Company.

(II) Information of Key Personnel

1. Board of Directors Mr. Xu Huibin, chairman of the board of directors. Since March 2011, he has been working as director of the wholesale business department in China Construction Bank; from May 2006 to March 2011, he worked as governor of the Henan Branch of China Construction Bank; During the period of May 1994 to May 2006, he successively served as deputy director of the financing and reserves department, deputy general manager of the retail business department, deputy general manager of the personal banking department, principal and director of the business office, general manager of the personal banking business office, deputy director of the personal banking committee and general manager of the personal finance department of China Construction Bank. As a senior economist, he has been awarded special allowance by the State Council, and was once the award recipient of the CCB Outstanding Contribution Prize and the Labor Model in Henan Province. He obtained a bachelor's degree in

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund infrastructure, finance and credit from the Liaoning Financial and Trade College.

Mr. Sun Zhichen, member of the board. He obtained his bachelor’s degree in economics in the Dongbei University of Finance and Economics in 1985 and a master’s degree in EMBA in the Cheung Kong Graduate School of Business in 2006. He has successively served as deputy department chief of the securities department and the financing department, department chief of the financing department and the retail business department, director of the securities department, and assistant general manager of the personal banking business department of China Construction Bank.

Mr. Cao Wei, member of the board, assistant general manager of the personal savings and investment department of China Construction Bank. He obtained a master's degree in Chinese studies in the Beijing Normal University in 1990. He successively held the position of deputy general manager of the savings securities department in the Beijing Branch of China Construction Bank, deputy governor of the Anhua Branch of China Construction Bank and West Four (Beijing) Branch of China Construction Bank, governor of the Chaoyang (Beijing) Branch of China Construction Bank, general manager of the personal banking department of the Beijing Branch of China Construction Bank, general manager assistant of the personal savings and investment department of China Construction Bank.

Mr. Zhang Weiyi, member of the board, deputy president of the Principal International (North Asia Region). He obtained a bachelor’s degree in economics from the London School of Economics and Political Science in 1990, and master’s degrees in EMBA from both the University of Washington and Fudan University in 2012. During the past years, he has successively held the positions of deputy department chief of the public service commission (Singapore), business development inspector-general of Singapore Telecommunications Limited, COO and acting general manager of CITIC-Prudential Fund Management Co, Ltd., CEO of Prudential Assurance Malaysia Berhad, deputy president of Manulife Financial Corporation, as well

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund as CEO and executive director of Manulife Asset Management (Taiwan) Co. Ltd.

Mr. Yuan Shifen, member of the board, currently the vice president of Principal (Asia) International. He graduated from the Albion College in 1981. He has successively served as deputy manager of the investment banking department in the HSBC Hong Kong, senior manager of the capital marketing department in The Bank of Nova Scotia, assistant treasurer of the treasury department in the MTR Corporation Limited., treasurer of the treasury department in Hongkong Land Holdings Limited, treasurer of the Hong Kong Jockey Club, and COO of Principal International in Greater China.

Mr. Yin Hongjun, member of the board, deputy general manager of China Huadian Corporation Capital Holdings Co., Ltd. In 1998, he obtained a master's degree in quantitative economics in the Capital University of Economics and Business. He has successively served as project manager of the bond fund department in China Power Finance Co., Ltd., deputy manager of the investment and information department in China Huadian Finance Corporation Limited (presiding), deputy chief of the system restructuring office, director of the system reform office, chief of the policy and legal affairs department and policy research office in China Huadian Corporation Capital Holdings Co., Ltd.

Mr. Li Quan, independent director, member of the board and general manager of New China Asset Management Co., Ltd. He graduated from the Finance Department of the Renmin University of China in 1985 and the graduate school of People’s Bank of China in 1988. He has successively held positions as an office worker at The People’s Bank of China and China Rural Trust and Investment Corporation, assistant general manager in Chia Tai International Finance Co., Ltd., general manager of the treasury department in Chia Tai International Finance Co., Ltd., permanent deputy general manager in Bosera Asset Management (International) Co., Ltd., and general manager of New China Asset Management Corporation Limited.

Mr. Wang Jianguo, independent director. He used to be CAO in Dah Sing Life

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Assurance Company Limited, a member of the board of BOCI-Prudential Pension Trust Management Co., Ltd., chief administrative staff of Prudential plc, senior deputy president of American International Group, Inc. (AIG) in Asia-Pacific region, and president and CAO of American International Assurance (Canada) Co., Ltd. In addition, he obtained a master's degree in business administration in the Pacific Southern University in 1989.

Mr. Fu Jun, independent director, JD. He is now a professor at the School of Law, The University of International Business and Economics and working as an executive director and deputy secretary-general of China Law Research on International Economic Law, as well as the deputy director of the Professional Committee of China International Financial Law.

2. Members of Board of Supervisors

Mr. Zhang Junhong, chairman of the board of supervisors. He graduated from the Chinese Academy of Governance with a major in administration management, he obtained a master doctoral degree. He has worked consecutively as a staff member, deputy supervisor and supervisor at the savings business division in the financing department of China Construction Bank; the supervisor at the retail business department; deputy manager and senior deputy manager at the personal savings division in the personal banking business department; the secretary (senior deputy manager rank), the secretary and senior manager at the secretary division one of investment custody department; deputy general manager of investment custody department; deputy general manager of asset custody department. She has held the position of chairman of the board of supervisor since March 2017.

Ms. Fang Rongmin, supervisor, chief lawyer of Principal International in Asia. She once served as area director of new markets development in Prudential, and deputy president of Accident & Health Insurance in the AIG. In 1990, she obtained an LLB in the National University of Singapore and lawyer qualifications in Singapore, England, Wales and Hong Kong.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Ms. Li Yijun, supervisor, senior accountant, manager of the institution and risk management department in China Huadian Corporation Capital Holdings Co., Ltd. She obtained a bachelor’s degree in industrial accounting of the Beijing University of Technology in 1992, and a master’s degree in accounting in the Central University of Finance and Economics in 2009. Consecutively, she has worked as assistant manager and deputy manager in Beijing BeiAo Group Corp., Ltd., Zhongjin Certified Public Accountants, China Ruihua Hengxin Certified Public Accountants, and the financial & planning department in China Huadian Finance Corporation Limited, manager of the financial & planning department in China Huadian Corporation Capital Holdings Co., Ltd., manager of the planning and finance department in China Huadian Finance Corporation Limited and manager of the finance department in China Huadian Corporation Capital Holdings Co., Ltd..

Ms. Yan Bing, employee supervisor, currently the deputy general manager of the human resources department in CCB Principal Asset Management Co., Ltd.. She obtained a diploma and master degree in administration management from Remin University of China in July 2003. She worked as a human resources specialist in the human resources department of Ernst & Young. She joined CCB Principal Asset Management Co., Ltd. in August 2005. She worked consecutively as human resources specialist, supervisor, assistant to departmental general manager, deputy general manager.

Ms. Liu Ying, employee supervisor, deputy general manager of compliance and audit department in the CCB Principal Asset Management Co., Ltd., senior member of the Association of Chartered Certified Accountants (ACCA) of the United Kingdom. In 1997, she obtained a bachelor's degree in accounting in the Renmin University of China; in 2011, she obtained a master's degree in business administration in the Chinese University of Hong Kong. She has worked successively as senior auditor in the KMPG and senior manager of fund operation department in China Asset Management Co., Ltd.. She has been working in compliance and audit department of the CCB Principal Asset Management Co., Ltd. since March 2006.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Mr. An Ye, employee supervisor, general manager of IT department in the CCB Principal Asset Management Co., Ltd. In 1995, he obtained a bachelor's degree in applied computer science in the Beijing University of Technology. He worked consecutively as project manager, deputy division chief in the IT management department in the Beijing branch of China Construction Bank and Beijing development centre of IT management department of China Construction Bank. He worked consecutively as assistant to general manager, deputy general manager, acting general manager of information technology department and general manager of CCB Principal Asset Management Co., Ltd..

3. Senior Management

Mr. Sun Zhichen, president (CV available in the introduction of members of the board).

Mr. Qu Yinjun, deputy president, master degree holder. He joined China Construction Bank in July 1999, and worked consecutively as clerk and deputy senior clerk of audit department in the headquarters of China Construction Bank; senior clerk of the Youth League Committee; senior deputy management of the office of reconstruction; senior deputy manager in the president's office. In September 2005, he joined CCB Principal Asset Management Co., Ltd. and successively held the positions of secretory to directorate and director of general management department, deputy director of investment management department, director of special account investment department and chief strategy officer. He worked as a member of the board and general manager in the CCB Principal Capital Management Co., Ltd., a holding subsidiary of the Company, from August 2013 to July 2015; He has held the position of deputy chairman, director and deputy general manager of CCB Principal Asset Management since 6 August 2015.

Mr. Zhang Weiwei, deputy president, master degree holder. He joined and successively worked as clerk and senior clerk of financing department in the Liaoning Branch of China Construction Bank in July 1997; He joined and worked as senior clerk and senior deputy manager of personal banking business

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund department in the headquarters of China Construction Bank in January 2001. In September 2005, he joined CCB Principal Asset Management Co., Ltd. and consecutively held positions of deputy director, director of marketing department and chief marketing officer of the company. Since August 6, 2015, he has held the position of deputy president in CCB Principal Asset Management.

Mr. Wu Chuming, vice chairman, master degree holder. From July 1992 to August 1996, he worked in the head office of Material Trading Company of Hunan Province; in July 1999, he joined the headquarters of China Construction Bank, consecutively worked in the business department, credit and securities businesses of operation department, financial institution department and institutional business department; and held the positions of staff member, deputy senior clerk, senior clerk and senior deputy manager of institutional business department. In March 2006, he joined CCB Principal Asset Management Co., Ltd., and held the position of secretory to directorate and director of general management department. Since August 6, 2015, he has held the position of chief compliance officer in CCB Principal Asset Management. He has held the position of vice chairman since 23 December 2016.

Ms. Wu Lingling, vice chairman, master degree holder. She worked in Donghai Jing Mao Securities Co., Ltd. (Fujian) from July 1996 to September 1998. She joined the headquarters of China Construction Bank in July 2001 and has worked consecutively as senior clerk and assistant to the senior manager of the HR department in China Construction Bank, She joined CCB Principal Asset Management Co., Ltd. in September 2005 and has worked consecutively as assistant to the director, assistant director and director of the HR management department. She has held the position of vice chairman since 23 December 2016.

4. General Supervisor

Mr. Wu Chuming, chief compliance officer (please refer to the section headed “senior management” for his resume).

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

5. Fund Manager of the Fund

Ms. Yao Jin, doctoral degree holder, deputy general manager of the equity investment department & chief strategist of the investment research department. She was formerly an engineer in Tianjin Samsung Electronics Co., Ltd., and consecutively a researcher, deputy director of the research department, director of the research department, assistant general manager and research director of investment department in Tianhong Asset Management Co., Ltd. From March 17, 2009 to March 3, 2011, she worked as fund manager of TianHong YongLi Bond Fund; form December 17, 2009 to May 5, 2011, fund manager of Tianhong Cyclical Strategy Stock Fund. She is currently deputy general manager of equity investment department and chief strategist of fund research department in the CCB; since February 17, 2012, she had worked as the fund manager of the CCB Principal Selected Growth Mixed Asset Fund; from August 14, 2012 to March 6, 2014 as the fund manager of CCB Social Responsibility Equity Fund; and as the fund manager of CCB Preservation Fund since January 20, 2014, which has been transformed into CCB Mixed Securities Investment Fund for active configuration and is represented by Ms. Yao.

6. Members of Investment Decision-making Commission

Mr. Sun Zhichen, chairman.

Mr. Liang Hongyun, general management of the financial engineering & index investment department.

Mr. Zhong Jingdi, chief investment officer of fixed income of the department of fixed income investment.

Ms. Li Qing, general manager of the department of fixed income investment.

Ms. Yao Jin, deputy general manager of the equity investment department & chief strategist of the investment research department.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Mr. Xu Jie, deputy general manager of the equity investment department. 7. There is no close kinship between and among any of the above persons.

2. Fund Custodian (I) Information of the Fund Custodian Name: Industrial and Commercial Bank of China Limited Registered 55 Fuxingmennei Street, Xicheng District, Beijing, China Address: Date of January 1, 1984 Establishment: Legal Yi Huiman Representative: Registered RMB 349,018,545,827 Capital: Telephone: 010-66105799 Contact: Ge Ming

(II) Information of Key Personnel

As of the end of September 2016, Asset Custody Department of Industrial and Commercial Bank of China Limited has 210 employees with an average age of 30, among them 95% have college degree or above and all senior officers have graduate degree or above or senior technical titles.

(III) Information of Business Operations of the Fund Custodian

As a pioneer of custody service in mainland China, Industrial and Commercial Bank of China Limited was the first to provide custody service in 1998. It adheres to the tenet of "Honesty and Diligence", relies on rigorous and scientific risk management and internal control systems, standardized management modes, advanced operating systems and professional service teams, strictly performs its responsibilities as an asset custodian, provides secure, efficient and

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund professional custody services for domestic and foreign Investors, financial assets management institutions and corporate clients and demonstrates good market image and influence. It has established the most diverse and mature product lines in custodian banks in China. It has developed a complete range of custody product systems, including securities investment funds, trust assets, insurance assets, social security funds, security account funds, enterprise annuity funds, QFII assets, QDII assets, equity investment funds, collective asset management plans and directional asset management plans for securities companies, credit assets securitization for commercial banks, asset management for specific customers of fund companies, QDII special account assets and ESCROW. In the meantime, Industrial and Commercial Bank of China Limited is the first in China to carry out performance evaluation, risk management and other value-adding services and can provide personalized custody services for all types of customers. As of September 2016, Industrial and Commercial Bank of China Limited holds a total of 624 securities investment funds. Since 2003, the Bank has received 51 awards consecutively for 11 years as the best custodian bank named by domestic and foreign authoritative financial media, such as “Asiamoney” of Hong Kong, “Global Custodian” of the UK, “The Asset” of Hong Kong, “Global Finance” of the US, “Securities Times” of the Mainland and “Shanghai Securities News”. It has won more awards than any other custodian banks in China and its excellent services are constantly recognized and widely praised by domestic and foreign financial sectors.

3. Relevant Service Providers

(I) Institutions Offering Units of the Fund

1. Direct Sales Agency Direct Sales Agencies of the Fund include direct sales counters in Beijing and online direct sales trading platforms.

(1) Direct Sales Counters Name: CCB Principal Asset Management Co., Ltd. Domicile: 16/F, Winland International Financial Center, 7 Jinrong

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Street, Xicheng District, Beijing Office Address: 16/F, Winland International Financial Center, 7 Jinrong Street, Xicheng District, Beijing Legal Representative: Xu Huibin Contact: Guo Yali Telephone: 010-66228800

(2) Online Trading Investors may make the Subscription, Redemption and Regular Investment and other business of the Fund through the online trading system of the Company. Please refer to the website of the Company for enquiries on specific business arrangements and rules. Website of the Company:www.ccbfund.cn.

2. Consignment Agency Please refer to the Updated Prospectus and other relevant announcement of the Fund Manager for identities of other Sales Agencies. (1) China Construction Bank Co., Ltd. Domicile: 25 Jinrong Street, Xicheng District, Beijing Office Address: Chang'an Xinrong Center, No.1 Building, Yard 1, Naoshikou Street, Xicheng District, Beijing Legal Wang Hongzhang Representative: Customer Service 95533 Hotline: Website: www.ccb.com

(2) Industrial and Commercial Bank of China Limited Domicile: No. 55 Fuxingmen Neidajie, Xicheng District, Beijing Office Address: No. 55 Fuxingmen Neidajie, Xicheng District, Beijing Legal Yi Huiman Representative: Customer Service 95588 Hotline:

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Website: www.icbc.com.cn

(3) Agricultural Bank of China Limited Domicile: No. 69 Jianguomen Neidajie, Dongcheng District, Beijing Office Address: No. 69 Jianguomen Neidajie, Dongcheng District, Beijing Legal Zhou Mubing Representative: Customer Service 95599 Hotline: Website: www.abchina.com

(4) CITIC Bank Corporation Limited Domicile: Block C, No. 8 Chaoyangmen Bei Dajie, Dongcheng District, Beijing Office Address: Block C, No. 8 Chaoyangmen Bei Dajie, Dongcheng District, Beijing Legal Chang Zhenming Representative: Customer Service 95558 Hotline: Website: Bank.ecitic.com

(5) Bank of Communications Co., Ltd. Domicile: No. 188, Yincheng Middle Road, Pudong New District, Shanghai (Postcode: 200120) Office Address: No. 188, Yincheng Middle Road, Pudong New District, Shanghai (Postcode: 200120) Legal Niu Shiming Representative: Customer Service 95559 Hotline: Website: http://www.95559.com.cn

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

(6) Co., Ltd. Registered China Merchants Bank Building, No. 7088 Shennan address: Avenue, Legal Li Jianhong Representative: Customer Service 95555 (or dial the enquiry line of sales outlet in each Hotline: respective city) Website: www.cmbchina.com

(7) China Minsheng Bank Co., Ltd. Domicile: No. 2 Fuxingmen Neidajie, Xicheng District, Beijing Office Address: No. 2 Fuxingmen Neidajie, Xicheng District, Beijing Legal Hong Qi Representative: Customer Service 95568 Hotline: Website: www.cmbc.com.cn

(8) Bank of Beijing Co., Ltd. Domicile: 1/F, No. 17 Finance Avenue A, Xicheng District, Beijing Office Address: No. 17 Finance Avenue C, Xicheng District, Beijing Legal Han Bingzu Representative: Customer Service 95526 Hotline: Website: www.bankofbeijing.com.cn

(9) China Everbright Bank Co., Ltd. Registered China Everbright Centre, 25 Taipingqiao Da Jie, Xicheng address: District, Beijing Business address: China Everbright Centre, 25 Taipingqiao Da Jie, Xicheng District, Beijing Customer Service 95595

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Hotline: Website: www.cebbank.com

(10) Bank of Ningbo Co., Ltd. Registered No. 700 Ningnan Nan Road, Qingzhou District, Ningbo address: City Legal Lu Huayu Representative: Customer Service 95574 Hotline: Website: www.ncbc.com.cn

(11) Bohai Bank Co., Ltd. Registered No. 201-205, Machang Avenue, Hexi District, Tianjin address: City Business address: No. 218, Hai He Dong Road, Hedong District, Tianjin City Legal Lu Huayu Representative: Customer Service 95541 Hotline: Website: www.cbhb.com.cn

(12) Shenzhen Zonglu Financial Holdings Limited Registered Unit I, J, 25/F, Development Bank Building, No. 5047 address Shennan East Road, Luo’hu District, Shenzhen Legal Xi feng Representative: Customer Service 4006788887 Hotline: Website: www.zlfund.cn, www.jjmmw.com

(13) Ma Yi (Hangzhou) Fund Sales Co., Ltd.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Registered 12/F, Hang Seng Building, No. 3588 Jiangnan Avenue, address Binjiang District, Hangzhou District,, Jiangsu Province Legal Chen Boqing Representative: Customer Service 4000766123 Hotline: Website: www.fund123.cn

(14) Shanghai Hao Mai Fund Sales Co., Ltd. Registered Suite 449, Building No. 4, No. 37 Changzhong Road 685 address Nong, Hongkou District, Shanghai Legal Yang Wenbin Representative: Customer Service 400-700-9665 Hotline: Website: www.ehowbuy.com

(15) Shanghai Tian Tian Fund Sales Co., Ltd. Registered 2/F, Building No. 2, 190 Nong tian Road, Xuhui District, address Shanghai Legal Qi shi Representative: Customer Service 4001818188 Hotline: Website: www.1234567.com.cn

(16) Hexun Information Technology Co., Ltd. Registered 10/F, Fanli Building, 22 Chaowai Avenue, Chaoyang address District, Shanghai Legal Wang Li Representative: Customer Service 400920022 Hotline:

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Website: www.licaike.com

(17) Zhejiang Tonghuashun Fund Sales Co., Ltd. Registered Room 903, Yuanmao Building, No.1, Wen‘erxi Road, Hangzhou, Zhejiang Province address Legal Ling Shunping Representative: Customer Service 400-877-3772 Hotline: Website: www.5ifund.com

(18) Beijing Shengshi Investment Management Co., Ltd. Registered Room 03, Huanghum Cun, Duhe Province, Huairou District, Beijing address Legal Jiang Li Representative: Customer Service 4008188866 Hotline: Website: www.shengshiview.com

(19) Beijing Hengtian Mingze Fund Sales Co., Ltd. Registered Room 5122, 5/F, No.10, Hongda North Road, Economic and Technological Development Zone, Beijing address Legal Liang Yue Representative: Customer Service 4007868868 Hotline: Website: www.chtfund.com

(20) Shanghai Huifu Financial Service Company Limited Registered Room 1807-5, No.336, Xizang Middle Road, Huangpu District, Shanghai address

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Legal Zhang Jing Representative: Customer Service 400-820-2819 Hotline: Website: www.chinapnr.com

(21) Beijing Weidongli Investment Management Co., Ltd. Registered 341, Jingshan Caifu Centre, No.113, Gucheng West Road, Jingshan District, Beijing address Legal Liang Hongjun Representative: Customer Service 400-819-6665 Hotline: Website: www.buyforyou.com.cn

(22) Nuoyazhenghang (Shanghai) Jijin Xiaoshou Investment Consultant Company Limited Registered Room 3724, No.9, Lane 360, Feihong Road, Hongkou District, Shanghai address

Legal Wang Jingbo Representative: Customer Service 400-821-5399 Hotline: Website: www.noah-fund.com/

(23) Shanghai Lujinsuo Asset Management Company Limited Registered Unit 09, 14/F, No.1333, Lujiazuihuan Road, Pudong New Area, Shanghai address

Legal Guo Jian Representative: Customer Service 400-866-6618 Hotline: Website: www.lufax.com/

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

(24) Beijing Lerongduoyuan Investment Advisory Company Limited Registered 1603, 16/F, No.1 Building, No.1, Xidawang Road, Chaoyang District, Beijing address

Legal Dong Hao Representative: Customer Service 400-068-1176 Hotline: Website: www.jimubox.com/

(25) Guotai Junan Securities Co., Ltd. Registered No. 618, Pudong New District Commerce City Road, Shanghai City address Business address 29/F, Shanghai Bank Buklding, 168 Yincheng Middle Road, Pudong New District, Shanghai Legal Wan Jianhua Representative: Customer Service 400-8888-666 Hotline: Website: www.gtja.com

(26) CITIC Securities Co., Ltd. Address CITIC Securities Building, No. 48 Liangma qiao road, Chaoyang District, Beijing Legal Zhang Yaojun Representative: Customer Service 95558 Hotline: Website: www.citics.com

(27) Everbright Securities Co., Ltd. Registered No. 1508, Xinya road, Jingan District, Shanghai address Legal Shi Feng Representative: Customer Service 10108998

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Hotline: Website: www.ebscn.com

(28) China Merchants Securities Co., Ltd. Registered 38-45/F, Block A, Jiangsu Building, Yitian Road, , Shenzhen address Legal Gong shaolin Representative: Customer Service 95565, 4008888111 Hotline: Website: www.newone.com.cn

(29) Shenzhen Fuji Asset Management Co., Ltd. Registered Room 201, Block A, Qianwan Road, Sino-China Cooperation District, Shenzhen address Legal Qi Xiaohe Representative: Customer Service 0755-83999907 Hotline: Website: www.jinqianwo.cn

(30) Changcheng Securities Co., Ltd. Registered 14, 16 & 17/F, Tequ Baoye Building, No. 6008 Shennan Avenue, Futian District, Shenzhen address Legal Huang Yaohua Representative: Customer Service 0755-83999907 Hotline: Website: www.cc168.com.cn

(31) Haitong Securities Co., Ltd. Registered 98 Weihai Middle Road, Shanghai address

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Legal Wang Kaiguo Representative: Customer Service 400-8888-001, (021) 962503 Hotline: Website: www.htsec.com

(32) Chang Jiang Securities Co., Ltd. Registered Chang Jiang Securities Building, 8 Xinhua Road, Wuhan address Legal Hu Yunke Representative: Customer Service 4008-888-999 Hotline: Website: www.95579.com

(33) CSC Securities Co., Ltd. Domicile Building No. 4, 66 Anli Road, Chaoyang District, Beijing Business address No. 188 Chaoyang Mennei Da jie, Beijing Legal Wang Changqing Representative: Customer Service 400-8888-108 Hotline: Website: www.csc108.com.cn

(34) Zhongtai Securities Co., Ltd. Registered No. 86, Jingqi Road, Jinan City, Shandong Province address Legal Li Wei Representative: Customer Service 95538 Hotline: Website: www.qlzq.com.cn

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

(35) Northeast Securities Co., Ltd. Registered No. 1138, Ziyou Da Road, Changcun address Legal Qiao Zhengzhong Representative: Customer Service 0431-96688, 0431-85096733 Hotline: Website: www.nesc.cn

(36) Bohai Securities Co., Ltd. Registered Room 101, Office Tower, No. 42 Da’er Dajie, Economic Development District, Tianjin address Legal Wang Cunfeng Representative: Customer Service 4006515988 Hotline: Website: www.bhzq.com

(37) GF Securities Co., Ltd. Registered 43/F, Metropolis Centre, No. 183 Tianhe North Road, Guangzhou address Legal Sun Shuming Representative: Customer Service 020-95575 Hotline: Website: www.gf.com.cn

(38) Huafu Securities Co., Ltd. Registered 7 - 8/F, New Tiandi Building, No. 157 Wusi Road, Fuzhou address Legal Huang Jinlin Representative: Customer Service 0591-96326

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Hotline: Website: www.gfhfzq.com.cn

(39) Cinda Securities Co., Ltd. Registered Cinda Financial Centre, Building No. 1, District 9, City Centre Entrance Dajir, Xicheng District, Beijing address Legal Zhang Zhigang Representative: Customer Service 400-800-8899 Hotline: Website: www.cindasec.com

(40) Industrial Bank Securities Co., Ltd. Registered No. 268, Hudong Road, Fuzhou address Legal Lan Rong Representative: Customer Service 4008888123 Hotline: Website: www.xyzq.com.cn

(41) Pingan Securities Co., Ltd. Registered 8/F, Greater China Exchange Square, Jintian Road, Shenzhen address Legal Yang Yuxiang Representative: Customer Service 4008866338 Hotline: Website: Stock.pingan.com

(42) China Investment Securities Co., Ltd. Registered Unit 01, 02, 03, 05, 11, 12, 13, 15, 16, 18, 19, 20, 21, 22, 23, 4/F & 18-21.F, Block A, Rongzhao Commercial address Centre, Junction of Yitian Road and Fuzhong Road, Shenzhen

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Business address 18-21.F, Block A, Rongzhao Commercial Centre, 6003 Yitian Road, Shenzhen Legal Long Zenglai Representative: Customer Service 4006008008 Hotline: Website: www.china-invs.cn

(43) Anxin Securities Co., Ltd.

Registered Unit A02, 28/F, 34/F, An Lian Building, No. 2222 Jintian Road, Futian District, Shenzhen address Business address 20/F, New World Commercial Centre, No. 6009 Yitian Road, Futian District, Shenzhen Legal Niu Guanxing Representative: Customer Service 0755-82825555 Hotline: Website: www.axzq.com.cn

(44) Guoyuan Securities Co., Ltd.

Registered 179 Shoucun Road, Hefei address Legal Feng Liangzhi Representative: Customer Service 400-8888-777 Hotline: Website: www.gyzq.com.cn

(45) China Galaxy Securities Co., Ltd.

Domicile Block C, International Enterprise Building, 35 Financial Avenue, Xicheng District, Beijing Legal Chen Youan Representative: Customer Service 4008-888-8888

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Hotline: Website: www.chinastock.com.cn

(46) CITIC (Shandong) Securities Co., Ltd.

Registered Room 1507-1510, 15/F, Ao’erma Building, No. 29 Miaoling road, Laoshan District, Qingdao City address Legal Yang Baolin Representative: Customer Service 0532-96577 Hotline: Website: www.zxwt.com.cn

(47) Huatai Securities Co., Ltd.

Registered Huatai Securities Building, No. 90 Zhongshan East Road, Nanjing City, Jiangsu address Legal Wu Wanshan Representative: Customer Service 025-84579897 Hotline: Website: www.htsc.com.cn

(48) Shenwan Hongyuan Western Securities Co., Ltd.

Registered Room 2005, 20/F, Dacheng Building, No. 358 Beijing Nan Road, Wu’er Muqi, Xinjiang Weiwu address Legal Li Ji Representative: Customer Service 4008-000-562 Hotline: Website: www.hysec.com

(49) Shanghai Securities Co., Ltd.

Registered No. 336, Xizang Middle Road, Shanghai

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund address Legal Yu Zhongmin Representative: Customer Service 021-962518 Hotline: Website: www.962518.com

(50) Caifu Securities Co., Ltd.

Registered 26/F, Xhuntian International Fortune Centre, No. 80 Furong Middle Road 2nd Section, Changsha address Legal Zhou Hui Representative: Customer Service 0731-4403340 Hotline: Website: www.cfzq.com

(51) Donghai Securities Co., Ltd.

Registered 18, 19/F, Investment Square, 23 Yanling West Road, Changzhou, Jiangsu address Legal Zhu Kemin Representative: Customer Service 4008888588 Hotline: Website: www.longone.com.cn

(52) Minsheng Securities Co., Ltd.

Registered 16-18/F, Block A, Minsheng Financial Centre, No. 28 Jiangguo Mennei Dajie, Dongcheng District, Beijing address Legal E Xianchun Representative: Customer Service 400-619-8888 Hotline:

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Website: www.mszq.com

(53) Shenwan Hongyuan Securities Co., Ltd.

Business address 45/F, No. 989 Chang Le Road, Xuhui District, Shanghai Legal Li Mei Representative: Customer Service 95523 or 4008895523 Hotline: Website: www.sywg.com

(54) Zheshang Securities Co., Ltd.

Registered A6/7, Huanglong Century Plaza, No. 1 Hang Dalu, Hangzhou address Legal Wu Chenggen Representative: Customer Service 0571-967777 Hotline: Website: http://www.stocke.com.cn

(55) Tianyuan Securities Brokerage Co., Ltd.

Registered 16-18/F, Block A, Minsheng Financial Centre, No. 28 Jiangguo Mennei Dajie, Dongcheng District, Beijing address Legal E Xianchun Representative: Customer Service 400-619-8888 Hotline: Website: www.mszq.com

(56) Guangzhou Securities Co., Ltd.

Registered 19, 20/F, Guangzhou International Financial Centre, No. 5 Zhujiang West Road, Guangzhou address

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Legal You Sanfa Representative: Customer Service 020-88836999 Hotline: Website: www.gzs.com.cn

(57) Hongta Securities Co., Ltd.

Registered 9/F, Hong Ta Building Annexure 1, 155 Beijing Road, Kunming, Yunnan address Legal Kuang Yulin Representative: Customer Service 0781-3577930 Hotline: Website: http://hongtastock.com

(58) China International Financial Co., Ltd.

Registered 27 & 28/F, Block 2, Guomao Building, No. 1 Jiangguo Menwai Dajie, Beijing address Legal Ding Xuedong Representative: Customer Service 400-910-1166 Hotline: Website: www.cicc.com.cn

(59) Zhuhai Yingmi Fortune Management Co., Ltd.

Registered 3491, Room 105, No. 6 Baohua Road, Huangqin New District, Zhuhai address Legal Shao Wen Representative: Customer Service 020-89629066 Hotline: Website: http://www.yingmi.cn

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

(60) CITIC Futures Co., Ltd.

Registered Room 1301-1305 13/F, 14/F, North Tower, Zhuoyue Time Square (Phase 2), 8 Futian District Sanlu, Shenzhen address Legal Zhang Hao Representative: Customer Service 400 9908 826 Hotline: Website: www.citicsf.com

(61) Shanghai Chang Liang Fund Sales Investment and Consulting Co., Ltd. Registered 16/F, Block B, Yujing International, No. 555 Pudong address Avenue, Pudong New District, Shanghai Telephone: 400-820-2899 Website: http://www.erichfund.com/websiteII/html/index.html

(62) iFAST Financial Service (Shenzhen) Company Limited Registered Room 201, Building A, No.1, Qianwan Road, Qianhai Shenzhen-Hongkong Cooperation Zone, Shenzhen address (Shenzhen Qianhai Business Secretarial Company Limited in residence)

Legal Tan Yik Kuan Representative: Customer Service 400-684-0500 Hotline: Website: https://www.ifastps.com.cn

(63) Beijing Huicheng Fund Sales Co., Ltd. Registered Room 1108, 11/F, 11 Zhongguancun Dajie, Haidian address District, Beijing Legal Wang Weigang Representative: Customer Service 010-56282140

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Hotline: Website: www.fundzoe.cn

(64) Tianjin Gome Fund Sales Co., Ltd. Address 19/F, Block B, Pengrun Building, 26 Xiaoyun Road, Chaoyang District, Beijing Legal Ding Donghua Representative: Customer Service 400-111-0889 Hotline: Website: www.gomefund.com

(65) Shanghai Lide Fund Sales Co., Ltd. Registered 12/F, Block 10, No. 61 E’shan Road 91 Nong, Pudong address New District, Shanghai Legal Shen Jiwei Representative: Customer Service 400-033-7933 Hotline: Website: www.leadbank.com.cn

(66) Shanghai Wande Investment Consultancy Co., Ltd. Registered Block B, 11/F, No. 33 Fushan Road, Shanghai Free Trade address: Zone Legal Wang TIngfu Representative: Customer Service 400-821-0203 Hotline: Website: www.windmoney.com.cn

(67) Shenzhen Xin Lan De Securities Investment Consultancy Co., Ltd. Address 1006#, 10/F, Block 4, Saige IT Park, Huaqiang North Road, Futian District, Shenzhen

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Legal Zhang Yan Representative: Customer Service 400-166-1188 Hotline: Website: www.jrj.com.cn

(68) Da Tai Jin Shi Fund Sales Co., Ltd. Address Room 2105, Xian Dai Wu Xiang Guan, Nanjing Aoti Centre, No. 222 Jiangdong Middle Road, Jianyou District, Nanjing

Legal Yun Yiming Representative: Customer Service 400-928-2266 Hotline: Website: http://www.dtfunds.com.cn

Please refer to the updated Prospectus and other relevant announcements of the Fund Manager for identifies of other Sales Agencies.

(II) Registration Agency

Name: CCB Principal Asset Management Co., Ltd. Domicile: 16/F, Winland International Financial Center, 7 Jinrong Street, Xicheng District, Beijing Legal Representative: Xu Huibin Contact: Zheng Wenguang Telephone: 010-66228888

(III) Legal Firm (to provide written legal opinion)

Name: Beijing DeHeng Law Offices Domicile: 12/F, Tower B, Fukai Building, 19 Jinrong Street,

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Xicheng District, Beijing Person in-charge: Wang Li Contact: Xu Jianjun Telephone: 010-66575888 Fax: 010-65232181 Legal Representative Xu Jianjun, Liu Huanzhi

(IV) Accounting Firm (to audit Fund assets)

Name: PricewaterhouseCoopers Zhong Tian LLP (Special General Partnership) Domicile: 6/F, DBS Building, 1318 Lujiazui Huan Road, Pudong New Area, Shanghai Office Address: 6/F, DBS Building, 1318 Lujiazui Huan Road, Pudong New Area, Shanghai Managing Partner: Li Dan Contact: Chen Xi Telephone: 021-23238888 Fax: 021-23238800 Responsible Certified Xu Kangwei, Chen Xi Public Accountants:

4. Name of the Fund

Name of the Fund: CCB Principal Selected Growth Mixed Asset Fund

5. Type of the Fund

Type of the Fund: Mixed Securities Investment Fund

6. Investment Objective of the Fund

To achieve long term capital appreciation for the investors, by making investments in listed companies that are favourable to investors in terms of the profitability growth and investment value.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

7. Investment Scope of the Fund

The Fund invests in financial instruments with high liquidity, including stocks listed on the Mainland stock exchanges in accordance with Mainland laws, government bonds, financial bonds, corporate bonds, repurchase instruments, central bank bills, convertible bonds and other financial instruments approved by CSRC for investment by the Fund.

8. Investment Strategy of the Fund

1. Asset Allocation Strategy The Fund shall, through a general quantitative and descriptive qualitative analysis, conduct analysis on the systematic risks in the securities market at that period and any foreseeable risks of each investment category in the future and estimated rate of income, and according to the above strategy, to establish the portfolio ratio between stocks, bonds and cash and other assets, to adjust the principle and scope, regularly or irregularly exercise adjustments in order to objective of avoiding risk and increasing the income.

2. Stock Investment Strategy The Fund shall, through the combination of quantitative and qualitative analysis, conduct general assessment on the growth and investment value of performance of listed companies, which primarily includes analysis on the performance growth, the sustainability on the performance growth and investment value of listed companies (GSV three-dimensional analysis), to select the listed companies which are able to achieve sustainable, speedy growth with investment value.

The GSV three-dimensional analysis mainly includes the following three aspects:

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

(1) Growth Analysis of Listed Companies The Fund Manager shall refer to the historical performances of listed companies, and conduct in-depth research on the long-term performance growth prospects of the Company from different perspectives, which is categorized into macro- and micro level

On the macro level, the Fund Manager will study the macroeconomy, global economy and industrial development stages to determine the mid-term and long-term development prospect and overall performance growth potential of the industry to which the listed company belongs, especially focusing on industries with big market space, low demand satisfaction and strong driving force for companies' profits increase.

On the micro level, the Fund Manager will make case studies on performance growth potential of individual companies to discover the companies with absolute profits growth and growth rate higher than the industrial average level.

(2) Performance Growth Sustainability Analysis In addition to the listed companies' performance growth rates, the Fund Manager will focus on the sustainability of their performance growth. Through an analysis on the scale, productivity, innovative capability, competitive landscape and strengths, corporate governance, management level and other factors of the Company, the Fund Manager will determine the driving forces behind the growth in the performance of the company and its possible period, hence to determine the sustainability on the growth in the performance of the Company, so as to find out companies with the potential to maintain growth in a longer run

(3) Investment Value Assessment After analyzing the performance growth of listed companies and their growth sustainability and finding out the potential listed companies in obtaining sustainable and quick growth in performance, the Fund Manager will also study

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund the value for investment of these companies, including analysis of intrinsic value of stock and comparative research of relative stock pricing level with comparable listed companies in the same industry both at home and abroad, based on multiple relative valuation indicators like price/earnings ratio (P/E), price/book value ratio (P/B) and PEG.

During the stock investment process, the Fund emphasizes the breadth of quantitative study and the depth of qualitative study. The Fund Manager will use quantitative indexes such as revenue growth rate, net profit growth rate, change in gross profit rate, return on equity, P/E, P/B and PEG of the anticipated primary business to comprehensively evaluate the performance growth potential and investment value of listed companies and then choose those which are worth of special attentions; meanwhile, in-depth studies will be carried out through field research and other methods under the help of qualitative indexes like competitive edges, corporate governance, managerial level etc., to determine the authenticity of companies' performance growth and their investment value, define their potential for future performance growth and construct a list of potential companies for the Fund to choose and invest in.

3. Bond Investment Strategy Bond investment strategies of the Fund mainly consist of bond investment portfolio strategy and individual bond selection strategy.

Proportions of various types of bond assets of the Fund are determined through active investment strategy under duration control, based on comprehensive analysis on macro economy and monetary policies, and in accordance with the principle of optimizing risk-earning proportion while considering liquidity. As for structure and adjustment of bond portfolio, the Fund uses portfolio management measures like duration adjustment, yield curve deformation monitoring, credit spread management and bought-back arbitrage in daily management.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

When selecting individual bonds, the Fund makes a comprehensive use of interest rate anticipation, yield curve valuation, credit rating analysis, liquidity assessment and other methods to evaluate the risks and earnings of individual bonds.

4. Warrant Investment Strategy For warrant investment, the Fund will combine researches on securities fundamentals of the warrant objects and the warrant pricing model to seek a reasonable valuation. Main strategies to be used include: leverage strategy, value mining strategy, profits protecting strategy, spread strategy, two-way warrant strategy, warrants of initial subscription strategy protective of short-selling, and put warrant strategy protective of buying.

The Company will give full consideration to the profitability, liquidity and risks of warrant assets, carefully invest via asset allocation and selection of variety and generic types, and classifications and pursue stable current yield.

9. Benchmark for Investment Performance Comparison

75% × FTSE China 600 Index + 20% × China General Bond Index + 5% × 1 year fixed-term deposit rate.

10. Risk-return Characteristics of the Fund

The Fund is an open-ended securities investment fund whose expected risks and returns are generally higher than those of money market funds and bond funds but lower than those of equity funds.

11. Report on the Fund Portfolio

The board of directors and directors of the Fund Manager guarantee that there are no false records, misleading statements or serious omissions in the report and hold individual and joint responsibility for the authenticity, accuracy and completeness of the information herein.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Pursuant to the Fund Contract, Industrial and Commercial Bank of China Limited, the Fund Custodian, reviewed the financial indexes, net value performance and portfolio reports of the Report on January 17, 2017 and ensured that there were no false records, misleading statements or serious omissions in what had been reviewed.

The data stated in the report on the Fund portfolio is as of December 31, 2016.

1 Information about the fund portfolio at the end of the reporting period Unit of Amount: RMB Proportion in the Total Fund No. Project Amount Asset (%) 1 Equity Investment 1,895,803,120.91 81.28

Specifically: Stocks 1,895,803,120.91 81.28

2 - -

3 Fixed Income Investment - -

Specifically: Bond - -

Asset-backed Securities - -

4 Investment in Precious Metals - -

5 Investment in Financial Derivatives - - Buying Back the Sale of Financial 6 - - Assets Specifically: Financial assets bought back for sale of buyout - - repurchase Bank Deposit and Settlement 7 374,143,593.69 16.04 Provisions 8 Other Assets 62,499,402.24 2.68

9 Total 2,332,446,116.84 100.00

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

2. Stock portfolios categorized by Industry at the end of the reporting period Unit of Amount: RMB Proportion in Net Asset Value Code Industry Type Fair Value of the Fund (%) Agriculture, Forest, Husbandry and A 143,889,975.69 6.21 Fishery B Mining - -

C Manufacturing 562,992.391.37 24.29

Electric Power, Heating Power, Gas D and Water Production as well as 65,272,878.66 2.82 Supply E Construction 15,592.23 0.00

F Wholesale and Retail 184,587,448.02 7.96

Transportation, Storage and Postal G 305,886,906.39 13.20 Service H Accommodation and Catering - -

Information Transmission, Software I 212,895,268.82 9.18 and Information Technology Service J Finance 106,780.00 0.00

K Real Estate - -

L Renting and Commercial Service 151,260,898.32 6.53

Scientific Research and M - - Technological Service N Water Conservancy, Environment - - and Public Facility Management O Residential Service, Repair and - - Other Services P Education - -

Q Health and Social Work 19,215,025.70 0.83

R Culture, Sports and Entertainment 249,679,955.71 10.77

S Combination - -

Total 1,895,803,120.91 81.97

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Note: The above industry categories are with reference to the Industry Classification Standard of the CSRC on December 31, 2016. 3. Particulars of top 10 stock investment concerning the proportion of fair value stocks in the Net Asset Value of the Fund at the end of the reporting period Unit of Amount: RMB Proportion in the Net Number of No. Stock Code Stock Name Fair Value Asset Value of the Fund Shares (%) Wentou 1 6004715 7,320,815 161,423,970.75 6.96 Investment

2 002624 Perfect World 3,811,602 113,547,623.58 4.90

3 300356 Guang Yi IT 3,261,642 112,689,731.10 4.86

South Pole 4 002127 9,251,134 106,203,018.32 4.58 Electronic Hua Lan 5 002007 2,951,829 105,527,886.75 4.55 Biological

6 600467 Hao Dangjia 19,887,083 89,690,744.33 3.87

7 300364 China Online 2,233,198 88,255,984.96 3.81

8 601006 Daqun Railway 12,424,154 87,963,010.32 3.79

9 600153 Jianfa Securities 8,166,300 87,379,410.00 3.77

10 000429 Yue Highway A 12,082,171 82,642,049.64 3.57

4. Bond portfolios categorized by bond types at the end of the reporting period The Fund does not hold warrants at the end of the reporting period.

5 Particulars of Top 5 Bond Investment concerning the Proportion of Fair Value in Net Asset Value of the Fund at the end of the Reporting Period The Fund does not hold warrants at the end of the reporting period.

6. Particulars of top 5 precious metal investment concerning the proportion of fair value stocks in the Net Asset Value of the Fund at the end of the reporting period

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

The Fund does not hold precious metals at the end of the reporting period.

7. Particulars of top 10 asset-backed securities investment concerning the proportion of fair value stocks in the Net Asset Value of the Fund at the end of the reporting period The Fund does not hold asset-backed securities at the end of the reporting period.

8 Particulars of Top 5 warrants investment concerning the proportion of fair value in Net Asset Value of the Fund at the end of the reporting period The Fund does not hold warrants at the end of the reporting period.

9. Analysis of the trading of stock index futures invested by the Fund at the end of the reporting period (1) Particulars of position and profit and loss details of stock index futures invested by the Fund at the end of the reporting period The Fund does not invest in stock index futures in the reporting period.

(2) Investment policy of stock index futures invested by the Fund The Fund does not invest in stock index futures in the reporting period.

10 Analysis of the trading of treasury bond futures invested by the Fund at the end of the reporting period (1) Investment policy on treasury bond futures of this period The Fund does not invest in treasury bond futures in the reporting period.

(2) Particulars of position and profit and loss details of national debt futures invested by the Fund at the end of the reporting period The Fund does not invest in treasury bond futures in the reporting period.

(3) Assessment on investment in treasury bond futures in this period The Fund does not invest in treasury bond futures in the reporting period.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

11. Notes of the Portfolio Report During the reporting period, the issuance subjects of the top 10 securities invested by the Fund were not investigated by the regulatory department, nor did they receive public condemnation or punishment within the year prior to the reporting and preparation date.

(2) There is no stock beyond the investment scope specified in the Fund Contract in the top 10 stocks invested by the Fund.

(3) Other Asset Composition Unit of Amount: RMB

No. Name Amount 1 Refundable Deposits 1,210,859.75 Receivables from Securities 2 60,223,666.35 Liquidation 3 Receivable Dividend - 4 Receivable Interest 108,970.27 5 Receivables from Subscriptions 955,905.87 6 Other Receivables - 7 Deferred Expenses - 8 Others - 9 Total 62,499,402.39

(4) Particulars of the convertible bonds at the stage of conversion held at the end of the reporting period There are no convertible bonds at the stage of conversion held by the Fund at the end of this reporting period.

(5) Analysis of the restriction on circulation in the top 10 stocks at the end of the reporting period

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

There are no restriction on circulation in the top 10 stocks held by the Fund at the end of this reporting period.

12. Performance of the Fund

Performance of the Fund is as at December 31, 2016.

The Fund Manager undertakes to manage and operate Fund assets on the principle on being honest, trustworthy, diligent and responsible, but does not guarantee that the Fund will be profitable. The past performance of the Fund is not indicative of its future performance. Investment involves risks, and investors shall carefully read this Prospectus before making investment decisions.

Comparison between Net Asset Value per Unit of the Fund of the Reporting Period and Performance Benchmark Yield Rate of the Same Period

1. Selected Growth Class A Units Standard Standard Growth Deviation Rate of Deviation of Rate of of Growth Return of Rate of Stage - - Net Asset Rate of Benchmark Return of Value Net Asset Benchmark ① ③ ② ④

① Value ③ September 8, ② ④ 2006 to 34.17% 1.07% 37.95% 0.99% -3.78% 0.08% December 31, 2016 January 1, 2007 to 133.79% 1.93% 93.06% 1.65% 40.73% 0.28% December 31, 2007 January 1, 2008 to -55.22% 2.22% -53.88% 2.27% -1.34% -0.05% December 31, 2008

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

January 1, 2009 to 64.66% 1.78% 66.21% 1.57% -1.55% 0.21% December 31, 2009 January 1, 2010 to 4.49% 1.43% -0.84% 1.22% 5.33% 0.21% December 31, 2010 January 1, 2011 to -28.52% 1.20% -21.74% 1.00% -6.78% 0.20% December 31, 2011 January 1, 2012 to 3.95% 1.12% 4.80% 1.06% -0.85% 0.06% December 31, 2012 January 1, 2013 to 12.32% 1.19% -0.62% 1.03% 12.94% 0.16% December 31, 2013 January 1, 2014 to 33.82% 1.10% 21.07% 0.84% 12.75% 0.26% December 31, 2014 January 1, 2015 to June 75.29% 2.20% 31.25% 1.65% 44.04% 0.55% 30, 2015 July 1, 2015 to 31 December -11.84% 2.95% -11.24% 2.21% -0.60% 0.74% 2015 January 1, 2016 to -7.14% 1.42% -15.11% 1.27% 7.97% 0.15% December 31, 2016 From the Effective Date 287.28% 1.67% 97.56% 1.45% 189.72% 0.22% of the Fund Contract to

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

December 31, 2016

2. Selected Growth Class H Units Standard Standard Growth Deviation Rate of Deviation of Rate of of Growth Return of Rate of Stage - - Net Asset Rate of Benchmark Return of Value Net Asset Benchmark ① ③ ② ④

① Value ③ From the ② ④ Effective Date of the Fund 0.69% 0.95% 0.67% 0.63% 0.02% 0.32% Contract to December 31, 2016

13. Overview of Fees of the Fund

(I) Fees Related to Fund Operations

1. Types of Fund Fees (1) Management fee of the Fund Manager; (2) Custodian fee of the Fund Custodian; (3) Sales and service fees (collected in accordance with the Fund Contract and then valid CSRC regulations related); (4) Information disclosure fee after the Fund Contract comes into effect; (5) Fund-related accounting fee and counsel fee after the Fund Contract comes into effect; (6) Fee for general meeting of Fund Unitholders; (7) Securities trading fee of the Fund; (8) Fee of bank remittance (9) Other fees that can be disbursed from Fund assets as per relevant laws and regulations and the Fund Contract.

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

The expenses incurred upon the termination of the liquidation for the Fund Contract shall be deducted from the Total Asset Value of the Fund based on the actual expenditure amount.

2. Standards or Methods for Provision of Fund Fees (1) Management Fee of the Fund Manager

Generally, the Fund management fee should be drawn as 1.5% per annum of the Net Asset Value of the Fund on the preceding day. The calculation is as follows:

H = E × 1.5% ÷ number of days of the year H for the Fund management fee accrued every day E for the Net Asset Value of the Fund on the preceding day

The Fund management fee is calculated and accrued on a daily basis to the end of every month and payable monthly. The Fund Manager should send the instruction to the Fund Custodian to transfer the Fund management fee, and the Fund Custodian shall review and pay the Fund Manager a lump-sum payment from the Fund assets within first two working days of the following month. In case of statutory holidays or rest days, the payment shall be postponed accordingly.

(2) Custodian Fee of the Fund Custodian

Generally, the Fund Custodian fee should be drawn as 0.25% per annum of the Net Asset Value of the Fund on the preceding day. The calculation is as follows:

H = E × 0.25% ÷ number of days of the year H for the Fund Custodian fee accrued every day E for the Net Asset Value of the Fund on the preceding day

The Fund Custodian fee is calculated and accrued on a daily basis to the end of each month and payable monthly. The Fund Manager should send the instruction to the Fund Custodian to transfer the Fund custodian fee, and the

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Fund Custodian should review and pay the Fund Manager a lump-sum payment from Fund assets within first two working days of the following month. In case of statutory holidays or rest days, the payment shall be postponed accordingly.

(3) Sales and Service Fees Sales and service fees refer to such fees as drawn by the Fund Manager from the assets of open-ended Funds pro rata in accordance with provisions of the Fund Contract and the valid and relevant laws and regulations, for payment of commissions to Sales Agency, marketing fees for the Fund and Fund Unitholders' service fees.

With regard to collection of sales and service fees of the Fund, the Fund Manager shall, in accordance with the Fund Contract, draw sales and service fees at appropriate time, provided that an announcement shall be made on at least one Designated Media and the Fund Manager's website at least two working days in advance. Such announcement shall provide the conditions, procedures, purpose and rate standards for sales and service fees.

Sales and service fees of the Fund shall be collected at an annual rate not exceeding 1% of the Net Asset Value of the Fund and the specific rate shall be then announced by the Fund Manager on Designated Media and the Fund Manager's website. The proportion of such sales and service fees of the Fund as applied to the service of the Fund Unitholders shall not be lower than 25%.

Provisions otherwise stipulated by the laws and regulations shall be followed.

Upon formal collection of sales and service fees of the Fund, in general, sales and service fees of the Fund shall be drawn at the annual rate of the Net Asset Value of the Fund on the previous date. Calculation thereof is as follows:

H = E × N ÷ number of days of the year H for the sales and service fees accrued on a daily basis E for the Net Asset Value of the Fund on the preceding day N for such annual rate for sales and service fees as disclosed by the Fund

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

Manager in accordance with relevant stipulation of the CSRC, the Fund Contract, the Prospectus or the Updated Prospectus, or specified by the Fund Manager in the announcement made on the designated newspapers and websites.

Sales and service fees shall be calculated and accrued on a daily basis and payable on a monthly basis upon the date of formal collection as specified in the Fund Manager's announcement.

The Fund Manager and the Fund Custodian may discuss to lower rates for the Fund management fee, the Fund custodian fee and sales and service fees at their own discretion without the approval of the general meeting of Fund Unitholders, provided that the Fund Manager must make an announcement on Designated Media as well as the Fund Manager's website and make a filing with the CSRC in at least two working days prior to the adoption of the new rates.

Fees specified in Item (4) to Item (7) under this clause should be paid as per actual by the Fund Custodian from Fund assets and included in the current period fees as required by other related laws and regulations as well as corresponding agreements.

(I) Fees Incurred in the Sales of the Fund

(1) Subscription Fee The subscription fee rates decreases progressively with the increase of Subscription amount, and the maximum Subscription fee rate is not more than 1.5%:

Subscription amount (M) Subscription fee rates M< RMB 500,000 1.5% RMB 500,000≤M

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

RMB 5 million≤M

The Subscription fee shall be borne by the subscriber, and shall not be listed as Fund assets. The Subscription fee shall be used for market promotion, registration and sales of the Fund.

(2) The Redemption Fee

Holding Period Redemption fee rates Holding time < 1 year 0.5% 1 year ≤ holding time < 2 years 0.25% Holding time ≥ 2 years free

Note: One year refers to 365 days.

The Redemption fee shall be borne by the investor who apply for Redemption of Units, 25% of the Redemption fee shall be vested in Fund assets, and the rest is used to pay the registration fee and other necessary filing fees. T

3. Switching Fee

The Fund switching fee consists of the make-up fee for switch-in and switch-out fund subscriptions and the redemption fee of the switch-out fund; the specific fee charged for each case will be determined by the difference in subscription fee rates of the two funds and the redemption fee rate of the switch-out fund. Fund Unitholder shall pay the fees for Fund switching.

The equations are as follows:

(1) Switch-out amount = switch-out fund units × net asset value per unit of the fund on the day of switching out

(2) Switch-in amount:

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

If subscription fee rate of the switch-in fund > subscription fee rate of the

① switch-out fund, Switch-in amount = switch-out amount × (1 - redemption fee rate of the switch-out fund) / (1 + subscription fee rate of the switch-in fund - subscription fee rate of the switch-out fund) If subscription fee rate of the switch-out fund ≥ subscription fee rate of the

② switch-in fund, Switch-in amount = switch-out amount × (1 - redemption fee rate of the switch-out fund)

(3) Switching fee = switch-out amount - switch-in amount

(4) Switch-in units = switch-in amount / net asset value per unit of the fund on the day of switching-in

Fund switching business for Class H Fund Units has not been provided for the time being, while the Fund Manager may provide switching business between Class H Fund Units and other funds managed by the Fund Manager, in accordance with related requirements of the laws and regulations, and the Fund Contract. Limits on Fund-switching Units, switching fee rates and other detailed requirements will be otherwise stipulated and announced by the Fund Manager, with notices given to the Fund Custodian and other related entities in advance.

3. Items not included in Fund Fees Items not included in the expenses of the Fund: 1. Fees and expenses or loss of Fund assets arising from the failure of the Fund Manager and the Fund Custodian to perform or fully perform their obligations; 2. The expenses for matters not in relation to the Fund’s operations handled by the Fund Custodian and the Fund Manager; 3. Related fees incurred before the Fund Contract comes into effect, including but not limited to capital verification fee, the accounting fee, legal fee and information disclosure fee, etc; 4. Any other items that cannot be included in the expenses of the Fund

The Updated Prospectus Summary of CCB Principal Selected Growth Mixed Asset Fund

according to the relevant laws and regulations and relevant requirements of the CSRC.

XIV. Explanation on Updated Parts of the Prospectus

1. Information in the “Summary of the Fund Manager” under section entitled “3. The Fund Manager” and the change in superviser have been updated.

2. Basic informationand relevant business activities under section entitled “4. The Fund Custodian” has been updated.

3. Information has been updated in relation to the relevant consignment institutions under section entitled “5. Relevant Service Providers”.

4. the report on investment portfolio of the Fund under the section entitled “9. Fund Investments” and have been updated respectively.

5. The section entitled “10. Performance of the Fund” has been updated, and reviewed by the Fund Custodian.

6. The section entitled “22. Other Disclosures” has been updated, with the inclusion of the relevant announcement of the Fund and the Fund Manager since the disclosure of the last updated prospectus of the Fund.

The above content shall solely be the summary of the updated Prospectus, investors shall visit the website of the Fund Manager (www.ccbfund.cn) for the full content of the Prospectus.

CCB Principal Asset Management Co., Ltd.

20 April 2017