Hello, fund conversion refers to the act that the fund share holder applies to the fund manager to convert all or part of the fund shares of any open-end fund (transfer-out fund) managed by the fund manager into the fund shares of other open-end funds (transfer-out funds) managed by the fund manager. (Some products, such as new fund raising period, wealth management fund, regular open-end fund, QDII fund, FOF fund, etc., see relevant product announcements for details).