Yu'e Bao upgrade means redeeming Tianhong Fund shares to the balance, and then using the balance to purchase China Europe Fund or Boshi Fund.

Therefore, the entire process involves one redemption and one subscription. The fund does not generate income during the process of subscription and redemption.

There are two situations in which Yu'E Bao can generate income after upgrading: 1. Upgrading on working days. If you upgrade from Monday to Thursday, you will be able to generate income on the second day, and you will be able to see the next day's income on the third day.

2. Weekend Upgrade If you upgrade on a Friday or weekend, you will have to wait until Monday or Tuesday to generate revenue, and the whole process will take three days.

Extended information: There are two situations when upgrading Yu'E Bao: 1. There is money in Yu'E Bao before the upgrade. If there is money in Yu'E Bao before, then the upgrade is to redeem Tianhong Fund shares to the balance, and then use the balance to purchase China-Europe Fund or

Boshi Fund.

Therefore, the entire process involves one redemption and one subscription. The fund does not generate income during the process of subscription and redemption.

2. There is no money in Yu’e Bao before upgrading. If there is no money in Yu’e Bao, upgrading means directly purchasing a new fund. It also requires a subscription, and no income will be generated during this period.