Kunlun Bank's wealth management products in May this year

Bank wealth management products are risky, which is reflected in low or no income and loss of principal. But the risks of different types of bank wealth management products are different. The risk of guaranteed income wealth management products is the lowest, followed by guaranteed floating income wealth management products, and the risk of non-guaranteed floating income wealth management products is the highest. Investors should fully understand the investment risks and invest cautiously. The risks that bank wealth management products may face mainly include:

(1) Policy risk: In the actual operation of this product, if the national macro policies and relevant laws and regulations change, which affects the issuance, investment and payment of this product, it may affect the investment operation, maturity income and even principal loss of this product.

(2) Credit risk: the customer faces the credit default of the financier and bond issuer involved in the invested assets or portfolio. If this happens, the customer will face the risk of loss of principal and income.

(3) Market risk: In the actual operation of this product, the price of assets invested in this product will fluctuate due to market changes, thus affecting the income of this product, and customers will face the risk of loss of principal and income.

(4) Liquidity risk: Unless the customer can redeem the product in advance as stipulated in Article 7 of this Manual, the customer shall not terminate the product in advance during the product duration, and face the risk of needing funds but not realizing it or losing other investment opportunities.

(V) Risk of product failure: If the product fails to be established because the scale of offering is lower than the minimum scale agreed in the specification or other factors, the customer will face the risk of reinvestment.

(VI) Early termination of risks: In order to protect the interests of customers, XX Bank may terminate this product in advance according to market changes during the product's existence. Customers may face the risk of not being able to obtain the expected income according to the expected period and the risk of reinvestment.

(VII) Counterparty management risk: Because the counterparty is limited by comprehensive factors such as experience, skills and execution, it may affect the investment management of this product, thus affecting the due income and even the loss of principal of this product.

(VIII) Payment delay risk: If the assets invested in this product cannot be realized in time, the principal and income will not be paid on time, and the customer will face risks such as extension and adjustment of the product term.

(9) Force Majeure and unexpected risks: The occurrence of unforeseeable, unavoidable and insurmountable force majeure events such as natural disasters and wars, or unexpected events such as system failure, communication failure and suspension of trading in the investment market may affect the establishment, investment, redemption, information disclosure and announcement of this product, and customers will face the risk of loss of principal and income. Any loss caused by force majeure and unexpected risks must be borne by the customer, and the bank will not bear any responsibility for it.

(X) Information transmission risk: XX Bank will disclose product information according to the agreement in this manual, and customers should pay full attention to and actively inquire about the product-related information disclosed by XX Bank in time. If the effective contact information reserved by the customer changes, it should also inform XX Bank in time. If the customer fails to inquire relevant information in time, or fails to inform XX Bank of the change of reserved contact information in time, it may affect the investment decision of the customer, and the responsibilities and risks arising therefrom shall be borne by the customer.