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Why is the redemption amount of the first phase of Jiaxin’s 7-day scheduled opening is 0?

Why the redemption amount of the first phase of Jiaxin’s 7-day scheduled opening is 0 is as follows:

1. All fund shares held by investors have submitted redemption applications, so they are available The share will be displayed as 0 and cannot be redeemed again.

2. These shares shown as 0 are the proceeds from subscription or conversion on the previous trading day, so they are generally confirmed within T+1 working days and can be redeemed only after T+2 working days. There are also some Some funds take T+2 working days for confirmation and T+3 working days for redemption.