No, Southern Baoyu Hybrid A Fund was established on February 25th, 222.

fund type: mixed-partial debt, medium-risk fund size: 1.66 billion yuan. Fund Manager: Sun Lumin Date of Establishment: February 25, 222.

the fund mainly invests in fixed-income financial instruments such as bonds, and assists in investing in selected stocks. Through strict risk management, it strives to achieve sustained and stable appreciation of the fund's assets.

fund, English is fund, which broadly refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.

from the perspective of accounting, fund is a narrow concept, which means funds with specific purposes and uses. The funds we mentioned mainly refer to securities investment funds.