it is true.

According to the official website of the China Securities Regulatory Commission, we learned that Jiuxi Xinshi No. 1 Private Securities Investment Fund was established with the approval of Zhoucha, the securities regulatory authority of the State Council, to specialize in securities business and is formal.

Jiuxi Xinshi No. 1 Private Securities Investment Fund is managed by Qingcheng Jiuxi Private Equity Fund Management Co., Ltd. The company was established in Xiangyang, Hubei in 2011 with a registered capital of 20 million yuan. In July 2015, the company was established in China

Registration and filing with the Securities Fund Industry Association.