This is not a public offering fund. To judge whether it is Public Offering of Fund, we just need to see if it has a fund code. Fund code is public offering, but there is no fund code. According to certain rules, it is private placement. In addition, it is recommended to know more about private placement, and you can go to some website platforms (such as private placement network, fund bar, etc.). Browse relevant information frequently, which is believed to be more helpful for you to understand public offering and private offering products. I hope my answer can help you, and I hope it will be adopted. Thank you!