Dear community users:
Since the net value of leveraged ETF products DOGE3S and ZEC3S is lower than 0.050 USDT, Zhenbi leveraged ETF product share consolidation mechanism is triggered.
At around 20:00 (UTC+8) on April 13, 2021, we will combine shares of Doge3S and Zec3S leveraged ETF products, which will affect the number and net value of User's ETF positions, but will not affect the total value of User's ETF positions (excluding net value changes caused by underlying price fluctuations during the operation).Specific operating rules are as follows:
1) The share of DOGE3S and ZEC3S products will be combined at 20:1, and the user's position will be reduced to 1/20 of the previous one, and the net value per unit will increase by 20 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 13, 2021