The existing graded funds do not pay dividends, but only convert them regularly. Take Yin Hua Jin Jing as an example. The first trading day of each year is his conversion day. After conversion, Yin Hua's steadily advancing unit net value returned to 1 yuan from the original 1.06 yuan, and this 0.06 yuan was distributed to the holders in the form of 0.06 Yin Hua 100. That is to say, investors who originally held Yin Hua Steady Progress 1 share with a net value of 1 yuan will get Yin Hua Steady Progress 1 share with a net value of 1 yuan and 0.06 share of Yin Hua 100 parent fund with a net value of1yuan after conversion.

This conversion date was known when the fund was established. Of course, the fund company will also issue an announcement to remind the holders before the conversion. The conversion date is available at all time periods. Most graded funds in Yin Hua are converted on the first trading day of each year, and other graded funds are converted once a year from the fund establishment date.