Just now, I inquired about the Hairong Gold you mentioned, and introduced the establishment of Qingdao government, with a leverage of 50 times and so on. Based on these data, it can basically be determined that the product belongs to illegal investment, because at present, except paper gold, gold futures and gold TD are approved by the State Council, nothing else is approved, not to mention the trading leverage of 50 times. This completely violates the document [20 1 1]38 issued by the State Council.