1. If he bought the original shares of LP when he came in, it has nothing to do with GP to evaluate whether the investment is high or low at this time, and the fund finance does not need to change, but he has increased the value.

2. If a new GP comes in, it is capital increase, not share conversion. This situation depends on the fund, which is value-added and profitable. It may be that the net value of the fund is small, but now the net value is large, and the financial situation should be changed accordingly.