How does NTE beta refund work? What is the refund rate?

NTE officially confirmed beta tester recharge refunds at up to 150%. Refunds will be delivered via in-game mail after launch as equivalent in-game currency. Refund rates: first purchase at 150%, cumulative spending under 1,000 CNY at 120%, 1,000-5,000 CNY at 110%, above 5,000 CNY at 100%. Monthly passes and battle passes purchased during beta will also be given free at launch. This refund rate is among the highest in the industry.