What about the recent snowballing private equity funds in Fujian?
"Considering the psychological gap of investors, we injected 10 million yuan into Snowball 3 for free, and will not recycle it in the future, so we want to take on more responsibilities." Lin Bo said, "If according to the industry practice, the net fund value of most companies returns to 1 yuan after capital contribution, the profits generated can only be given to fund holders, but the company's capital contribution must be recovered! Moreover, in order to retain investors, Fujian Snowball has also adjusted the performance rewards of four products with net worth less than 1 yuan, such as Snowball No.3. In this explosion, snowball-style crisis public relations is really practical, effective and beautiful. Support snowballing!