Is China Merchants Bank's credit card waiver policy true?

Please further explain what the relief policy means.

If it refers to the annual fee, the annual fee of China Merchants Bank Credit Card is RMB 100/year, and that of Gold Card 300 yuan/year. The annual fee is charged once a year. If you apply for two cards or supplementary cards at the same time, the annual fee for the second card or supplementary card is 1/2 of the first card. The annual fee is calculated from the issuing date of your card (the validity period under the credit card number, and the previous date is the issuing date), which is not a natural year.

If you successfully apply for China Merchants Bank credit card, China Merchants Bank credit card or partners will reduce the annual fee for the first year, and the annual fee will be reduced for six times (unlimited amount) in the whole year of the second year (from the spontaneous card date, non-natural year), and reduced for six times in the third year. The annual fee for a single card can be reduced or exempted for the following year after spending 6 times (the amount and form are not limited). And this offer is valid for a long time before the change notice of the new annual fee preferential policy. The number of online consumption can also be accumulated into six annual fee reductions in the following year.