The 5600 yuan placed in Licaitong became a share lower than the principal at the time of redemption, because: 1, the wealth management products suffered losses. When the decline of wealth management products leads to losses, the principal will be less when users redeem them.

2. The handling fee is deducted from the wealth management products. Users will incur handling fees when purchasing wealth management products. When investors just buy wealth management products, the handling fee will be deducted from the wealth management products, but if the wealth management is not profitable, the principal will be gone and the redemption money will be less.