Ruijun's private placement is still very good. First of all, the risk of Ruijun's private equity investment stems from its relatively long investment cycle. Therefore, if Ruijun Private Equity Fund wants to make a profit, it must make some efforts, not only to meet the financing needs of enterprises, but also to bring benefits to enterprises, which is bound to be a long-term process. Moreover, the high cost of private equity investment in Ruijun County also increases the risk of private equity investment. In addition, the investment risk of Ruijun private equity fund is relatively high, which is also related to the poor liquidity of equity investment. Unlike securities investment, equity investment can be bought and sold directly in the secondary market, and its exit channels are limited, and the limited exit channels may not be smooth in a specific region or at a specific time. Generally speaking, after PE successfully quits the invested company, the profit may be 3~5 times, while in China, the figure may be 20~30 times. High returns induce huge capital to flood into PE market.

1. Characteristics of private equity funds: private equity funds cannot be publicly issued and can only be raised from specific qualified investors; Private equity funds require investors to have high risk identification ability and risk-taking ability, and the corresponding threshold for purchasing funds is also relatively high, which requires hundreds of thousands of yuan to start; Private equity funds only disclose product information to specific qualified investors, and the disclosure content is not publicly released; Private equity portfolios usually have fewer agreements and are more flexible in the use of investment tools; Private equity fund income mainly comes from floating management fees (performance commission); Private equity funds usually take the form of regular opening, such as quarterly or semi-annual redemption.

2. There are three basic principles in choosing debt-based private equity funds: the products are legal and supervised by the regulatory authorities, otherwise they are illegal fund-raising; The assets corresponding to the product are of high quality, good liquidity and true transparency; The financier/guarantor has strong strength and good credit. Mainly reflected in: low debt ratio, healthy industrial development and abundant cash flow. For example, the top 500 enterprises in China generally have good credit, solid industrial base and smooth financing channels. After several economic cycles, if you choose their project products, the overall risk will be much smaller.