Generally speaking, if a fund applies for fund conversion before 3 o'clock on the trading day, the share will be confirmed on the same day, and if it applies after 3 o'clock, the share will be confirmed on the next trading day. For example, after 3 o'clock on Wednesday and before 3 o'clock on Thursday, apply for fund conversion, and the confirmation time of fund conversion is Thursday; Apply for fund conversion before 3 o'clock on Wednesday, and the confirmation time is Wednesday.

Fund conversion refers to a business model in which investors can directly convert their fund shares into the fund shares of other open-end funds managed by the company after holding any open-end fund issued by the company, without redeeming the fund shares they hold before purchasing the target fund.