How does Wenzhou Bank manage its finances?

The financial management method of Xiaohai Wallet of Wenzhou Bank is: during the opening working hours, submit the subscribed products at the business outlets of Wenzhou Bank, online banking of Wenzhou Bank or mobile banking, and the income will be announced regularly in the form of net product value.

Wenzhou Bank Xiaohai Wallet is an open net worth bank financing plan launched by Wenzhou Bank. During the opening period, investors can purchase and redeem at any time, and the income of the purchased products is directly related to the net value of the products.

The transaction form of traditional bank wealth management products is mainly closed, and the income will be informed to investors in the form of its yield. However, the transactions of net worth wealth management products are open, and the income will be announced regularly. The calculation of subscription share, redemption amount and actual income of net worth wealth management products is similar to that of ordinary development funds.