1. The irregular conversion of graded fund B may not necessarily fall. The irregular conversion of graded funds is based on the requirements of the fund product contract, and the rise and fall to a certain extent triggers the upward or downward conversion of shares, so the fund may rise.

2. Concept introduction:

Fund share conversion refers to adjusting the total amount of fund shares according to a certain proportion under the premise that the net asset value of the fund remains unchanged, so that the net asset value of the fund unit decreases accordingly. After the share conversion, the total amount of fund shares and the number of fund shares held by the holders will be adjusted, but the adjusted proportion of fund shares held by the holders in the total amount of fund shares will remain unchanged. The conversion of shares has no substantial impact on the rights and interests of the holders. For details, please refer to the relevant announcements of fund share conversion.