Range Accrual

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I. Transaction Details

Contract Number	【】
Currency	RMB
Underlying Asset	【EUR/USD Spot Exchange Rate】 (expressed as the amount of USD per 1 EUR)
Notional Amount	【XXX,XXX,XXX.XX】 RMB
Trade Date	【XXXX】Y【XX】M【XX】D
Start Date	【XXXX】Y【XX】M【XX】D. If this is not a business day, it will be adjusted to the next business day.
Final Observation Date	【XXXX】Y【XX】M【XX】D. If this is not a business day, it will be adjusted to the next business day.
Maturity Date	【XXXX】Y【XX】M【XX】D. If this is not a business day, it will be adjusted to the next business day, but not into the next month. If it falls on the last day of the month, it will be adjusted to the nearest business day.
Tenor	【XXX】 days, unadjusted
Beijing Business Day	Refers to a day when financial institutions in China are open for business (excluding Chinese public holidays and exchange-announced closure dates).
Business Day	Beijing Business Day and New York Business Day (when financial institutions in New York City are open for business).
Observation Dates	All business days from (and including) the Start Date to (and including) the Final Observation Date.
Initial Price	The mid-price of EUR/USD displayed on Bloomberg "BFIX" page at 3:00 PM Tokyo time on the Start Date, accurate to 5 decimal places, without rounding.
Observation Price	The mid-price of EUR/USD displayed on Bloomberg "BFIX" page at 3:00 PM Tokyo time on each Observation Date, accurate to 5 decimal places, without rounding. If the EUR/USD spot rate is not displayed on Bloomberg "BFIX" on a particular Observation Date, the observation price for that day will be the mid-price of EUR/USD displayed on Bloomberg "BFIX" at 3:00 PM Tokyo time on the nearest available date thereafter.
Barrier Prices	High Barrier Price: Initial Price + 【0.XXXXX】 = 【X.XXXXX】, Low Barrier Price: Initial Price - 【0.XXXXX】 = 【X.XXXXX】.

II. Settlement Payment Terms

Maturity Yield (Annualized)	M1 represents the number of Observation Dates where the Observation Price is greater than or equal to the Low Barrier Price and less than or equal to the High Barrier Price. M2 represents the number of Observation Dates where the Observation Price is less than the Low Barrier Price or greater than the High Barrier Price. N represents the total number of Observation Dates. Maturity Yield (Annualized) = 【X.XX】% × M1/N + 【0.00】% × M2/N. The Maturity Yield (Annualized) is expressed as a percentage and rounded to 2 decimal places.
Back-End Option Settlement Payment Amount	Notional Amount × Maturity Yield (Annualized) × Tenor / 360, rounded to 0.01 RMB.
Back-End Option Settlement Payment	Party A will pay the Back-End Option Settlement Payment Amount to Party B on the Maturity Date.

III. Fee Payment Terms

Option Premium Payment	Party B will pay the option premium to Party A on the Option Premium Payment Date.
Option Premium Payment Date	【XXXX】Y【XX】M【XX】D.
Option Premium	Option Premium = Notional Amount × 【X.XX%】 × Tenor / 360, rounded to 0.01 RMB, i.e., RMB【XXX,XXX.XX】.
Net Settlement Explanation	This transaction is settled on a gross basis.