Discount forward structured products. KOF products have three characteristics: 1. Buying assets at a discount is suitable for investors who look at multiple targets but think that the current market price is too high; 2.KOF is a non-guaranteed product, and there is no stop loss condition; 3. The condition of early redemption is a double-edged sword, on the one hand, it limits the income space of investors; On the other hand, lock in investors' income in time, avoid the callback of previous income caused by future decline, and accelerate the flow of funds.