It's true. Gexing Assets is a formal professional financial institution focusing on private equity investment management in China. Founded on 20 16, located in Changsha, Hunan Province, it is mainly engaged in asset management and private equity investment management. It is a formal company protected by official website's certification law, and the private placement of Gexing red oak is managed by private equity funds, which is true. Private equity fund refers to a securities investment fund that raises funds from specific investors in a non-public way and invests in specific objects.