Ruiyuan Fund Management Co., Ltd. (hereinafter referred to as "Ruiyuan Fund") is a national public offering fund management company approved by China Securities Regulatory Commission, registered in Shanghai, with a registered capital of 1 100 million yuan. Ruiyuan Fund is committed to becoming a leading long-term value investment institution and pursuing the maximization of the long-term interests of its holders. The company is a long-term value investment institution focusing on value investment, research-driven, and long-term investment style. It has an experienced investment team and a leading industry expert research team, adhering to the concept of value investment and long-term investment, focusing on equity investment and fixed-income investment, and providing investment and financial products and services for individual and institutional investors. The company adopts a dedicated development path, has a supporting mechanism and team culture centered on the concept of value investment and the long-term interests of holders, a scientific and standardized corporate governance structure, a comprehensive and effective risk management system, a stable operation guarantee system, a professional and efficient market service system, and a medium-and long-term incentive and restraint mechanism, and is committed to creating long-term value and striving to become a respected long-term asset management institution.