According to public information and data, Huatai Bairui Fund is a legal fund management company approved by China Securities Regulatory Commission, with legal business qualifications. Huatai Bairui Fund has rich investment experience and professional team. Adhering to the business philosophy of honesty, transparency and stability, the company provides investors with diversified investment products and quality services. In addition, Huatai Bairui Fund also accepts the supervision of China Securities Regulatory Commission and reports its operation to the regulatory authorities regularly to ensure compliance. Therefore, it can be determined that Huatai Bairui Fund is not a black company.