The market is risky and needs to be cautious!

Investors engaged in securities investment include but are not limited to the following risks:

1. Macroeconomic risks Changes in the national macroeconomic situation and the international economic environment may cause fluctuations in the securities market, which may lead to losses for you. You will bear the losses caused thereby. 2. Policy Risks Changes in laws, regulations, and related policies and rules in the securities market may cause price fluctuations in the securities market, which may lead to losses for you, and you will be liable for the losses caused thereby. 3. Operating risks of listed companies Due to the change of the overall business situation of the industry in which the listed company is located and the factors in the operation and management of the listed company, such as major mistakes in business decisions, changes of senior management personnel, major lawsuits, etc., may cause the volatility of the company's securities price. The mismanagement of the listed company may even lead to the suspension of trading, suspension of listing or termination of listing of the company's securities, and you will be liable for the possible losses arising therefrom. 4. Technical Risks Since transaction making, clearing and settlement, market disclosure and bank-securities transfer are realized through electronic communication technology and computer technology, these technologies may be attacked by network hackers and computer viruses, and communication technology, computer technology and related software may have defects, these risks may bring losses to you or bank-securities transfer funds cannot be immediately received. 5. Operational risks Losses may occur due to lost passwords, improper operations, poor investment decisions, etc.; Loss caused by malicious operation of others when online entrustment or hotkey operation is not completed; Online transactions that do not exit in time may also be subject to hacker attacks, resulting in losses. 6. The risk of particular types of securities You should carefully decide the securities investment strategy according to your own economic strength, affordability and understanding of investment varieties. When you intend to invest in securities with greater potential risks (such as warrants and other derivatives), you should be especially aware that such securities may contain greater risks. 7. Risks caused by force majeure Force majeure such as earthquake, typhoon, fire, flood, war, plague, social unrest and other factors may lead to the breakdown of the securities trading system; The uncontrollable and unpredictable system failure, equipment failure, communication failure and power failure of the securities company may also lead to abnormal operation or even paralysis of the securities trading system. The uncontrollable and unpredictable system failures, equipment failures, communication failures, and power failures of securities companies and banks may also lead to the abnormal operation or even breakdown of the bank-securities transfer system. As a result, your transaction authorization cannot be completed or all transactions cannot be completed, or the bank-securities transfer funds cannot be immediately received. You will be liable for the resulting losses and inconvenience.