What does 1:4 mean?
Guiding fund 1: 4 means that guiding fund can leverage 1: 4. The guiding fund and social capital shall set up sub-funds according to the ratio of 1: 4 or more, and the proportion of the guiding fund's contribution to the sub-fund shall not exceed 20% of the sub-fund scale, and it shall not be the largest investor or shareholder.