Yes According to Tianyancha official website data, Chengdu Silk Road reorganized its equity investment fund management co., Ltd. into a state-owned enterprise. Private equity investment fund (PE) is usually called private equity investment in China. From the perspective of investment methods, according to the definition of relevant foreign research institutions, it refers to the equity investment in private enterprises, that is, unlisted enterprises. In the process of transaction implementation, the future exit mechanism is considered, that is, through listing, mergers and acquisitions or management buyback, the shares are sold for profit.