No, Hongding Wealth's daily open net value financial products adhere to a sound investment philosophy, based on the low risk and high liquidity of financial assets, and strive to achieve investment returns that exceed performance comparison benchmarks. Self-issued Since then, the product has performed well, with a seven-day annualized rate of return of around 4%, which is at the leading level among similar products in the industry. The product can initiate subscriptions and redemptions on a daily basis, and so far, this product has been more efficient. The scale exceeds 7 billion yuan, and the annual growth rate exceeds 200%.

Product type: non-guaranteed floating income open net value type

Sales target: retail customers of our bank

Investment starting point: 10,000 yuan

Investment scope: cash, treasury bonds, central bank bills, policy bank bonds, commercial bank bonds rated AA and above, corporate bonds, short-term financing bonds, medium-term notes and Other money market instruments; trust plans, brokerage asset management plans, fund asset management plans, contract funds; equity assets such as stocks, hybrid funds, index funds, flexible allocation funds, stock pledged repurchases, and futures, options, Warrants and other derivative assets, etc.

Product issuance time: July 2018

Product term: no fixed period, minimum holding period is 1 day.

Winner. Situation: In 2019, this product was selected as a "5-star" product in the cash management category by the industry's authoritative Puyi Standard Company in the "Evaluation Report on Net Value Bank Financial Products".