1. I bought this fund once, and it did well. During the downturn of the stock market, it also maintained a good income, and nearly quadrupled at the highest time. Later, because the stock market was too depressed, it was terminated early, but everyone got a good income.

2. On August 31, 29, the first phase of Sunshine No.2 expired, and the cumulative net value was only 3% away from the highest net value of the bull market at 6124 points. In the first half of this year, the first-phase investment return rate of No.2 ranked first among pure FOF products of the same type. In the ranking of securities firms' collective wealth management products by the third-party rating agency Guojin Research Institute, based on the long-term, medium-term and short-term evaluation results, Everbright Sunshine No.2 always occupied a five-star stable position. At the end of July, when the market surged, the position was decisively reduced, and the net value remained at the highest level since 29. In terms of investment, we have made sufficient preparations for the perfect curtain call of the No.2 Phase I and the continued debut of the No.2 Phase II, in order to give back to the trust and support of the investors of new and old sunshine products.

Recently, the stock market has gone out of its biggest monthly decline in nine months, which has put a lot of pressure on investors to adjust the market. This is a great challenge for the newly established Sunshine No.2 Phase II, which is gradually building a warehouse, but it is more likely to be a good opportunity for value investors. The rising market since 29 is mainly driven by abundant liquidity and the expectation of China's economic recovery. At the beginning of the establishment of the second phase of Sunshine 2, although we thought that the market might be adjusted in stages, we still thought that the medium-term upward trend of the stock market would not change in essence, so we adopted the strategy of slowly adding positions step by step. Due to the contraction of market liquidity, the overlapping influence of worries about macro data and credit data and the emergence of profit-taking disk, the adjustment of the index is extremely fierce, and the position where we initially opened positions has a certain impact on the net value. However, under our prudent strategy of opening positions, Sunshine No.2 Phase II has always maintained a low level of equity positions. Although the net value has suffered a small loss temporarily, the loss is far less than that of funds and other collective wealth management products established in the same period. Most of the cash positions held by the products can still keep us active in future investment operations.

The drastic adjustment of the stock market further lowered the market valuation level, and the strengthening of the post-economic recovery in the third quarter still provided fundamental support for the price increase of equity assets. We still believe that the stock market will enter a more healthy and sustainable growth state after the baptism of wind and rain, and the temporary fluctuation of net product value will not affect Sunshine-based Zhongbao to share the fruits of China's economic recovery in the medium and long term. If it is the initial investor of Sunshine No.2 Phase I who chooses the dividend-to-investment distribution method, after three years, the investment appreciation rate has exceeded 2%, which has well shared the fruits of the bull market in 26 and 27 and successfully avoided the looting of the bear market in 28. The second phase of Sunshine 2 has a duration of 1 years.