风险披露声明 Risk Disclosure Statement

1. 一般投资风险 General Investment Risks

投资证券和其他金融产品涉及固有风险，包括但不限于：

Investing in securities and other financial products involves inherent risks, including but not limited to:

• 本金损失风险 Loss of Principal: 您可能损失部分或全部投资本金。没有任何投资策略可以保证盈利。/ You may lose some or all of your invested capital. No investment strategy can guarantee profits.
• 市场风险 Market Risk: 市场价格可能因经济条件、政治事件等多种因素而剧烈波动。/ Market prices may fluctuate significantly due to economic conditions, political events, and other factors.
• 流动性风险 Liquidity Risk: 某些投资可能难以在需要时按期望价格出售。/ Some investments may be difficult to sell at the desired price when needed.
• 利率风险 Interest Rate Risk: 利率变化可能影响资产价值。/ Interest rate changes may affect asset values.
• 通货膨胀风险 Inflation Risk: 投资回报可能无法跟上通货膨胀。/ Investment returns may not keep pace with inflation.
• 货币风险 Currency Risk: 投资外国资产可能受汇率波动影响。/ Investing in foreign assets may be affected by exchange rate fluctuations.

2. 特定产品风险 Product-Specific Risks

2.1 股票 Stocks

股票价格可能剧烈波动，受公司业绩、行业趋势、市场情绪等因素影响。个股可能表现远差于整体市场。

Stock prices may fluctuate significantly, influenced by company performance, industry trends, and market sentiment. Individual stocks may underperform the broader market significantly.

2.2 期权 Options

2.3 杠杆产品 Leveraged Products

杠杆ETF（如TQQQ）、期货和其他杠杆产品会放大收益和损失。这些产品可能导致远超原始投资的损失，通常不适合长期持有。

Leveraged ETFs (e.g., TQQQ), futures, and other leveraged products amplify both gains and losses. These products may cause losses far exceeding the original investment and are generally not suitable for long-term holding.

3. AI 与技术相关风险 AI & Technology Risks

3.1 教育与参考定位 Educational & Informational Purpose

3.2 AI 生成内容的局限性 Limitations of AI-Generated Content

• 准确性不保证 No Guarantee of Accuracy: AI 可能产生不准确、不完整或误导性的分析结果。/ AI may produce inaccurate, incomplete, or misleading analysis results.
• 模型局限 Model Limitations: AI 模型基于历史数据，可能无法预测未来市场变化，尤其是在前所未有的市场条件下。/ AI models are based on historical data and may not predict future market changes, especially in unprecedented market conditions.
• 非个性化 Not Personalized: AI 提供的分析不考虑您的个人财务状况、风险承受能力或投资目标。/ AI analysis does not consider your personal financial situation, risk tolerance, or investment objectives.
• 技术故障 Technical Failures: 系统可能出现错误、延迟或中断，影响信息的准确性和及时性。/ Systems may experience errors, delays, or interruptions affecting the accuracy and timeliness of information.

3.3 量化策略风险 Quantitative Strategy Risks

• 回测偏差 Backtesting Bias: 历史回测结果是假设性的，不反映实际交易，且可能受回顾偏差、幸存者偏差等影响。/ Historical backtesting results are hypothetical, do not reflect actual trading, and may be subject to look-ahead bias, survivorship bias, and other biases.
• 过度拟合 Overfitting: 策略可能过度适应历史数据，在实际交易中表现显著不同。/ Strategies may be overfitted to historical data and perform significantly differently in live trading.
• 执行差异 Execution Differences: 实际交易中的滑点、手续费、流动性和市场冲击可能导致结果与回测显著不同。/ Slippage, commissions, liquidity, and market impact in live trading may cause results to differ significantly from backtests.

3.4 数据风险 Data Risks

• 数据延迟 Data Delay: 市场数据可能存在延迟，不是实时数据。/ Market data may be delayed and is not real-time.
• 数据准确性 Data Accuracy: 虽然我们努力提供准确数据，但无法保证100%准确。/ While we strive to provide accurate data, we cannot guarantee 100% accuracy.
• 第三方依赖 Third-Party Dependency: 我们依赖第三方数据源，其数据质量超出我们的控制范围。/ We rely on third-party data sources whose data quality is beyond our control.

4. 用户责任 User Responsibilities

作为用户，您有责任：/ As a user, you are responsible for:

• 独立评估所有投资决策，不完全依赖本平台的信息 / Independently evaluating all investment decisions without relying solely on this platform
• 在做出投资决策前咨询合格的金融顾问 / Consulting a qualified financial advisor before making investment decisions
• 只投资您能够承受损失的资金 / Only investing money you can afford to lose
• 充分了解您投资的产品、策略及相关风险 / Fully understanding the products, strategies, and associated risks you invest in
• 分散投资以管理风险 / Diversifying investments to manage risk
• 了解税务影响并遵守所有适用法律法规 / Understanding tax implications and complying with all applicable laws and regulations

5. 不适合的投资者 Unsuitable Investors

以下情况的人可能不适合使用本平台进行投资决策参考：

The following individuals may not be suitable to use this platform for investment decision reference:

• 无法承受任何投资损失的人 / Those who cannot afford any investment losses
• 需要短期内使用投资资金的人 / Those who need invested funds in the short term
• 对金融市场和投资产品了解有限的人 / Those with limited knowledge of financial markets and investment products
• 风险承受能力较低的人 / Those with low risk tolerance

6. 监管披露 Regulatory Disclosure

园园AI 不是 / AIYuan.AI is not:

• 注册投资顾问（RIA）/ A Registered Investment Advisor (RIA)
• 经纪自营商（Broker-Dealer）/ A Broker-Dealer
• 金融规划师或理财顾问 / A Financial Planner or Financial Advisor
• 资产管理公司 / An Asset Management Company

我们不管理客户资金，不推荐特定证券，不提供个性化投资建议。我们的服务定位为投资研究与教育工具。

We do not manage client funds, recommend specific securities, or provide personalized investment advice. Our Service is positioned as an investment research and education tool.

7. 第三方信息 Third-Party Information

本平台可能包含来自第三方来源的信息、链接或数据。我们不对此类第三方内容的准确性、完整性或可靠性负责。第三方信息的包含不构成我们的认可或推荐。

This platform may contain information, links, or data from third-party sources. We are not responsible for the accuracy, completeness, or reliability of such third-party content. Inclusion of third-party information does not constitute our endorsement or recommendation.

8. 责任限制 Limitation of Liability

在法律允许的最大范围内 / To the maximum extent permitted by law:

• 我们不对您的任何投资损失承担责任 / We are not liable for any of your investment losses
• 我们不对因使用或依赖本平台信息（包括 AI 生成内容）而产生的任何损害承担责任 / We are not liable for any damages arising from the use of or reliance on information from this platform, including AI-generated content
• 我们不对任何间接、附带、特殊或后果性损害承担责任 / We are not liable for any indirect, incidental, special, or consequential damages
• 我们不保证任何特定的投资结果 / We do not guarantee any specific investment outcomes

9. 确认和接受 Acknowledgment & Acceptance

10. 联系方式 Contact Us