1. The general partner (GP) manages the operation of the project and assumes unlimited or joint liability.

2. It is composed of several limited partners (LP), who participate in the project and are only responsible for capital contribution, and do not assume any responsibility.

3. The basic assets of investment include: equity investment (PE), entity projects, secondary securities market, etc.

4. Distribution method: GP collects management fees, while LP draws fixed or floating income according to the partnership agreement.

Supplement: At present, limited partnership funds also need to be filed with the Securities Fund Association.