Initial trading day: the date of initial trading; Repurchase trading day: the date of the repurchase transaction, and the number of days from the initial trading day shall not exceed 182 days.

Underlying securities: negotiable stocks, funds and bonds that meet the requirements of ○ 1 Shanghai Stock Exchange; ○2 CSI 500 Index, Shanghai Stock Exchange constituent stocks of CSI 300 Index, ETF index funds, closed-end funds and bonds traded on Shanghai Stock Exchange; ○3 non-ST and *ST stocks; ○4 The circulating market value is not less than 65.438+0.5 billion yuan; ○5 The cumulative increase in the past three months shall not exceed100%; 6 shares that are not restricted by laws and regulations (such as Haitong Securities); ○7 Non-tradable shares, restricted shares or shares that are not allowed to be held by individual investors; ○8 Shareholders, directors, supervisors and senior managers (including people acting in concert) of a listed company who hold more than 5% of the shares for customers shall not hold the shares of the company.

Initial transaction amount: the transaction amount of securities sold by investors negotiated by both parties is about 50% of the market value.

Financing interest rate (repurchase price): generally at the level of 9%- 10%, adjusted according to the change of market interest rate.

Transaction amount of repurchase transaction: the transaction amount of securities repurchased by investors calculated according to the initial transaction amount, interest and expenses during the period.

I hope our answer from Guotai Junan Securities Shanghai Branch will satisfy you!

Respondent: Manager Hong, account manager of Guotai Junan Securities (employee number: 00930 1)

Guotai Junan Securities-Baidu knows that the enterprise platform is willing to serve you!