Dear community users:
Since the net value of leveraged ETF product DOGE3S is lower than or close to 0.050 USDT, the share merger mechanism of coinage cloud leveraged ETF product is triggered.
On April 17, 2021, around 10:30 (UTC+8), we have consolidated shares of the Doge3S Leveraged ETF product, which will affect the number of User's ETF positions and net value per unit, but will not affect the total value of User's ETF positions (excluding net value changes due to underlying price fluctuations during the operation).Specific operating rules are as follows:
1) The share of DOGE3S products will be merged by 100:1, and the user's position will be reduced to 1/100 of the previous one, and the net value per unit will increase by 100 times;
2) Before the share merger, the market trading of corresponding products will be suspended and all orders in transit will be cancelled;
3) After the share merger, the corresponding product market will be reopened for trading, and it is expected to complete the restarting trading in about 30 minutes. Please be sure to note that after the market recovery, the market price will change significantly according to the new unit net value. Please pay attention to the price change when placing an order.
4) After share consolidation, K-line data will jump due to price changes.
ZHENBI operation team
April 17, 2021