The main value of warrants by its intrinsic value and time value of the composition, and at a different point in time, the intrinsic value and time value of warrants which are not the same price.

• 认股权证的价值主要由其内在价值和时间价值组成，而在不同的时点，内在价值和时间价值对认股权证的价格影响是不一样。