No, Allianz Wenyingbao is an insurance wealth management product issued by Sino-German Allianz Life Insurance Co., Ltd. Its name is Allianz Wenyingbao, and it mainly invests in fixed interest rate products, infrastructure projects, real estate-related financial products and other financial products.

Allianz Wenyingbao is an insurance product that integrates insurance protection function and investment function. It should be noted that this product is not a capital-guaranteed product, and it is possible to lose the principal, which needs to be borne by investors themselves.