Xingyin Tianlibao is a monetary fund and a low-risk wealth management product.

It is the fund, not the bank deposit. If you don't guarantee the principal, you will still lose money. However, the funds it raises are invested in debt assets such as deposits and bonds. Compared with stock funds, the loss probability is lower, but only personal deposits are guaranteed, and financial management is not insured. If you buy wealth management, you have to take some risks, unlike deposits.