1. The fund is not transferable and can only be redeemed and sold.

2. Investors can use the two entrustment instructions of pricing entrustment and transaction confirmation entrustment to entrust the sponsoring securities firm to buy and sell convertible bonds.

3. Shares can be transferred to others. Only the shares of unlisted companies can be freely transferred. The shares of listed companies cannot be transferred privately, but can only be traded freely in the secondary market.