Investment Mode of Kunwu Jiuding Investment Management Co., Ltd.

Industry choice: industries that benefit from consumption upgrading, urbanization, industrial upgrading and global division of labor.

Enterprise status: industry leader or regional market leader, or has the potential to become an industry leader.

Management team: ambitious, enterprising, experienced and strong in execution.

Investment mode: mainly equity investment, but also convertible bonds and other ways.

Investment proportion: usually, the investment accounts for 10%-30%, and it is one of the main non-controlling shareholders of the enterprise.

Project management: do not participate in specific management, and fully trust the existing management team. Mainly through the board of directors to participate in the company's major decisions.