The English name of CDR is "Chinese Depository Receipt" and the Chinese name is "Chinese Depository Receipt". Among them, DR refers to "Depositary Receipts", which represents negotiable certificates circulating in a country's securities market and securities of foreign companies.

CDR is a depository receipt issued in China, which can be used by overseas registered giants to sell shares to China.

CDR fund is a fund with strategic placement of shares as its main investment target, and can invest in technology giants who return to A shares in the form of IPO and CDR.

Private placement fund refers to a securities investment fund that raises funds from specific investors in a non-public way and invests in securities. Private equity funds are raised by means other than mass communication, and promoters set up investment funds to invest in securities by collecting funds from non-public multi-subjects.