1. partial redemption: the fund manager can allocate the share exceeding the total unit share 10% to the number of redemption applications of investors in proportion; For the part that investors have not redeemed, when submitting the redemption application, it is necessary to explicitly declare the cancellation or postponement of redemption. The default mode of the general registration center is that investors cancel redemption. If they choose to postpone the redemption, they will make money and continue to redeem on the next development day until they are fully redeemed.

2. Full redemption: When the fund manager thinks that the investor's redemption application can be paid, he can directly go through the normal redemption procedure.