Guangda Wealth Management responds to the net value withdrawal of a certain product: It is a disturbance of the net value after a large redemption of a small-scale product.

Sina Finance reported on March 30th that the net value of the "Sunshine Golden Incremental Stable Daily Purchase Customized No. 2A" product under Everbright Wealth Management has recently experienced a significant decline. Everbright Wealth Management stated that the disturbance in the net value on the books was caused by the calculation rules when confirming the redemption of small-scale customized products due to customer redemptions. At the same time, due to a large-scale redemption of the product in the short term, the total scale is low, the product's investable assets are restricted, and the total profit level is low. However, normal expenses still need to be provided for, leading to a temporary decline in net value. "Overall, this is a common phenomenon in the industry when calculating the net value of small-scale asset management products during changes in redemption scales," Everbright Wealth Management said.