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Is the establishment date of private equity fund the completion date of raising or the successful date of product filing?
Private equity funds that reach the required fundraising ratio are considered as successful fundraising.

The successful filing date is the effective date of the contract, that is, the date approved by the Securities Investment Fund Association. It is also the official establishment day of the fund. At this time, an announcement will be made to release relevant fund documents.

The fundraising completion date is the time when the fund is closed, and everything has been completed at this time.