2. The investment scope of Penghua Governance Fund is financial instruments with good liquidity, including domestic stocks, bonds, warrants, asset securitization products and other financial instruments allowed by China Securities Regulatory Commission. If there is investment demand, you can participate in valuable new share placement and additional issuance. Among them, the main investment direction of stocks is the stocks of high-quality listed companies with relatively perfect corporate governance structure and good growth, and the investment ratio of these stocks is not less than 80% of the fund's stock assets.