PRIVATELY OFFERED FUND

IMPORTANT: Please read this page carefully before you continue to access this website. By clicking the Accept button at the bottom of this page, you identify yourself as a qualified investor for Privately Offered Fund and accept in the entirety the terms and conditions listed below by Perseverance Asset Management (Shanghai) L.L.P. (hereafter referred to as "Perseverance")... Qualified Investor. Qualified Investor for Privately Offered Fund should meet the requirements by "the Law of the People's Republic of China on Securities Investment Funds", "the Interim Measures for the Supervision and Administration of Privately Offered Funds", and other applicable laws and regulations. The investor should have necessary capabilities in risk awareness, assessment and tolerance, and invest at least RMB 1,000,000 in a single privately offered fund.