The holder can sell before December 31, 22. After the unsold graded fund exits, the fund will be liquidated or converted to LOF mode. If the graded fund is liquidated, the fund assets will be realized and the proceeds will be distributed to the fund holders. If the graded fund is converted to LOF mode, the fund will continue to operate, and investors can choose to sell or hold it.

the last trading day of the graded fund is December 31, 22, and the listing of the graded fund will be terminated on January 1, 221.