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Is the state-owned fund a public offering or a private offering?
Is the state-owned fund public or private: public offering.

Quanguo Fund is an individual Public Offering of Fund management company initiated by professional investors. Quanguo Fund was established on February 8, 2022 with a registered capital of 1 billion. The word "spring fruit" comes from the Book of Changes: "A spring comes from the mountain, and a gentleman will fruit Xiu De". The company puts the customer's interests first, insists on moral supremacy, professional perfection and time friendship, that is, "water is pure, wood is refined and fruit is excellent", strives to create long-term and sustainable good returns for holders through long-term value investment, and is committed to becoming a respected asset management company.

Business scope includes general items:

1, management of publicly offered securities investment funds;

2. Fund sales;

3. Private equity management;

4. Other businesses licensed by the China Securities Regulatory Commission (except for projects subject to approval according to law, independent business activities shall be carried out according to law with the business license).

Quanguo Fund Management Co., Ltd. is people-oriented, and noble professionals are the company's most valuable assets. Therefore, at the beginning of the company's establishment, a long-term mechanism such as employee stock ownership platform was established, aiming at cultivating talents with long-term competitiveness, developing together and enjoying value.