**No**. Although the design of complex financial derivative products may make financial risks less obvious in the short term, in the long run and in substance, it is impossible to truly conceal the actual financial risks of the company, and there are many serious problems with this behavior.： ### From the perspective of the authenticity of financial information 1. **Violation of accounting standards and disclosure requirements** -The financial statements of an enterprise should truthfully reflect its financial status and operating results. Covering up financial risks through complex designs violates the basic principles of truthful, accurate, and complete disclosure of information in accounting standards. -For example, according to regulations, companies need to specify their risk exposures to various financial instruments in the notes to their financial statements. If they use derivative products to conceal risks, they will not be able to meet this disclosure requirement. 2. **Misleading investors and stakeholders** -Investors, creditors and other stakeholders rely on the financial information provided by the company to make decisions. Concealing financial risks will cause them to make investment, credit and other decisions based on incorrect information, which may lead to significant losses. -For example, investors may invest funds because of the seemingly good financial performance of the company, and when the actual risk is exposed, they will suffer losses such as asset impairment. ### From the perspective of market supervision 1. **Evade regulatory review** -The purpose of regulatory agencies is to ensure that the market is fair, orderly and transparent, and requires companies to accurately disclose risks. Concealing risks through complex designs is an attempt to evade regulation and undermine market order. -For example, securities regulatory agencies will conduct strict audits of the financial information of listed companies. If companies conceal financial risks, it will interfere with the effective supervision of the capital market by regulatory agencies. 2. **Raises systemic risks** -When many companies try to conceal risks in this way, the transparency of risks in the entire financial system decreases. Once the concentration of risks erupts, it may cause systemic financial risks and cause a serious impact on macroeconomic stability. -For example, before the 2008 financial crisis, some financial institutions over-packaged subprime mortgage risks through complex financial derivatives, which eventually led to large-scale exposure of risks and caused turmoil in global financial markets. ### From the perspective of legal liability 1. **Face the risk of legal proceedings** -If stakeholders suffer losses due to the concealment of risks by the enterprise, they have the right to pursue the legal responsibility of the enterprise in accordance with the law. Enterprises may face lawsuits filed by shareholders, creditors, etc., and bear legal consequences such as compensation. -For example, shareholders can sue the court for compensation on the grounds that their investment has been damaged by the false disclosure of corporate information. 2. **Violate the bottom line of the law** -In some cases, this concealment may directly violate the law. For example, the crime of false statement, etc., if an enterprise deliberately and falsely discloses financial risks through the design of financial derivative products, it may constitute an illegal crime. In short, enterprises should identify, evaluate and respond to financial risks through legal and compliance risk management methods, rather than trying to conceal them through improper financial derivative product design. Any concealment may eventually bring serious legal and economic consequences.