During the raising period, each investor of the Fund needs to remit funds to the special account for raising and settlement funds (raising fund account). The special account for raising and settlement funds of private equity funds shall be opened by the fund manager or the private equity fund service agency entrusted by the fund manager, and managed by the fund manager or entrusted by the private equity fund service agency. It is used to uniformly collect the funds raised and settled by private equity funds, distribute the income to investors, pay the redemption money, distribute the remaining fund property after fund liquidation, and ensure that the funds are returned in the original way. During the fundraising period, the funds raised by the Fund can only be deposited in the fundraising settlement funds, and no institution or individual may use them. Before the Fund is put into investment operation, the funds in the special account for raised funds still belong to the property of investors, not to the property of private fund managers, fund sales institutions, fund sales and payment institutions and fund share registration institutions.

After the fundraising is completed, the funds will be transferred to the escrow account.

After the fund raising period is over, the fund manager will transfer all the raised funds to the fund custody account. Custody account refers to the bank settlement account separately opened by the fund manager and the fund custodian in the bank designated by the fund custodian for the performance of this contract. The reserved seal of the account shall be implemented according to the specific regulations of the custodian bank, and the corresponding seal shall be kept by the fund custodian. At the same time, the online banking customer number, institutional online banking login password and online banking certificate of the fund property custody account are kept by the fund custodian.