To answer the question of whether Guangda bonds are reliable or not, let's take a closer look at some relevant knowledge points:

1. Guangda Trust and Investment:

Guangda Trust is a subsidiary of China Guangfa Bank. In terms of investment products, Guangda Trust has a wide range of choices, including stocks, bonds, and funds. When subscribing to projects, Guangda Trust does not disclose the specific underlying assets, which is only revealed after a certain period of time, causing some uncertainty for investors.

2. Guangda Bank's Financial Products:

Guangda Bank offers various financial products, including wealth management products, bonds, and funds. Bank wealth management products generally have a lower risk level and are considered relatively safe. There have been few reports of principal loss in bank wealth management products. However, it is important to note that even though they may guarantee the principal amount, the return on investment may not be guaranteed.

3. Guangda Bond Funds:

Guangda has a bond fund called "Guangda Zengli Income Bond A" (360008). This is a primary bond fund, which means it can invest in convertible bonds and participate in the primary market for new stock subscriptions. However, it cannot directly invest in equity securities such as stocks and warrants through the secondary market.

4. Guangda Sunlight Stable Bond Fund:

Guangda also offers the "Guangda Sunlight Stable Bond Fund" with a 12-month holding period. This fund aims to maintain stable returns by investing in bonds. The net value of this fund can be tracked in real-time to monitor its performance.

5. Risk Factors:

Investing in bonds always carries a certain level of risk. The performance of bond funds is affected by various factors such as interest rates, credit ratings, and economic conditions. It is important for investors to carefully assess the risks involved and make informed decisions.

6. Convertible Bonds:

Convertible bonds are a type of bond that can be converted into other securities. For example, the Guangda convertible bond can be converted into ordinary shares of Guangda Bank. Investors purchase these bonds at a face value of 100 yuan per bond. However, investors should be aware that the conversion of bonds into shares is not guaranteed and depends on certain conditions.

In conclusion, Guangda Bank, as one of the large banks in China, offers a range of investment products, including bonds. It is generally considered reliable, but investors need to carefully evaluate the specific products, consider the risks involved, and make informed investment decisions based on their own financial objectives and risk tolerance.