Dear Fund Investors,

Ruishi International Capital (hereinafter referred to as the "Company"), with the approval of the China Securities Regulatory Commission (CSRC), is authorized to conduct the consignment sales business of open-end securities investment funds (hereinafter referred to as "Funds"). First of all, we would like to express our sincere gratitude to you for purchasing fund products through the Company. The Company will wholeheartedly provide services for you, and at the same time, we sincerely remind you to carefully read the following content before purchasing fund products:

The trading characteristics of Funds are different from bank deposits, stocks and other investment instruments. Before investing in Funds, you should carefully assess whether your financial status and risk tolerance are suitable for fund investment, and fully understand the following risks:

A Fund is a long-term investment tool whose main function is to diversify investments and reduce the individual risks caused by investing in a single security. Unlike financial instruments such as bank savings and bonds that can provide expected fixed returns, when you invest in a Fund, you may share the returns generated by the Fund’s investment in proportion to your held shares, and you may also bear the losses arising from the Fund’s investment.

A Fund may face various risks during its investment and operation, including not only market risks, but also management risks, technical risks, compliance risks and other risks inherent to the Fund itself. The risk of large-scale redemptions is a unique risk of open-end Funds. That is, when the net redemption application of a Fund on a single trading day exceeds 10% of the total fund shares, you may not be able to redeem all the fund shares you hold in a timely manner.

Funds are divided into different types such as equity funds, hybrid funds, bond funds, and money market funds. When you invest in different types of Funds, you will have different return expectations and also bear different levels of risks. Generally speaking, the higher the expected return of a Fund, the greater the risk you will bear.

The Fund Contract and Prospectus of the Fund you purchase have been publicly disclosed through newspapers designated by the CSRC and the official website of the fund manager. You shall carefully read the Fund Contract, Prospectus, Issuance Announcement and other relevant legal documents as well as other information about the Fund, understand the risk-return characteristics of the Fund, and determine whether the Fund is compatible with your risk tolerance based on your own investment objectives, investment tenure, investment experience, asset status and other factors.

Before the launch of each fund product, a Risk Warning Letter will be released. Please carefully read the Risk Warning Letter on the fund manager’s official website or in the fund’s promotional materials before purchasing the Fund.

You shall fully understand the difference between regular fixed-amount fund investment and savings methods such as fixed deposit with monthly installments. Regular fixed-amount fund investment is a simple and easy investment method that guides you to make long-term investments and average investment costs. However, it cannot avoid the inherent risks of fund investment, cannot guarantee that you will obtain returns, and is not an equivalent financial management method to replace savings.