1. The reason why the redemption of CCB Fund failed to reach the account is that it takes time for the funds to arrive, which is generally as follows: the money fund arrives within 1-2 working days after redemption, the stock fund arrives within 3-4 working days after redemption, the hybrid fund arrives within 3-4 working days after redemption and the bond fund arrives within 2-4 working days after redemption.

2. Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account. People usually refer to funds mainly as securities investment funds.