No, Shanghai Jiahe Public Welfare Foundation was registered and established in Shanghai Civil Affairs Bureau in 20 171KLOC-0/month. It is a 3A-level non-public offering foundation recognized as a charitable organization. Taking caring for people, doing good deeds and warming people's hearts as the purpose, adhering to the public welfare concept of helping others and helping themselves. Its business scope covers subsidizing low-income families, subsidizing poor children and the elderly, carrying out disaster relief projects and subsidizing other public welfare activities related to civil affairs.