Bank of Nanjing made a profit during the waiting period of product redemption in the application season on June. The redemption waiting period of Nanjing Bank's products redeemed in the application season on June is profitable. The fund adopts share redemption method, and the redemption price is calculated according to the net value of fund shares on T day. The calculation formula is total redemption amount = redemption share * net value of fund share on redemption date. That is, the redemption is confirmed on the agreed date after redemption, and the profit is made before redemption.