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Is Dongzheng Ronghui a private equity fund?

yes. At the same time, the company adheres to diversified development and actively conducts foreign investment business. It has established Dongzheng Rongtong Private Equity Fund Subsidiary, Dongzheng Rongda Alternative Investment Subsidiary and Dongzheng Ronghui Securities Asset Management Subsidiary, so it is a private equity fund. Dongzheng Ronghui Securities Asset Management Co., Ltd., established in 215 and located in Shanghai, is an enterprise mainly engaged in capital market services.