Qingdao Caitong is not a listed company. Qingdao Caitong Group Co., Ltd. was established in September 2020 with a registered capital of 5 billion yuan, and is a municipal financial enterprise approved by Qingdao Municipal Government. Qingdao Municipal Finance Bureau performs the responsibilities of investor on behalf of the municipal government, and its business scope covers fund management, industrial investment, financial services, asset operation, consulting and design, etc.