Is Huiquan Fund a public offering or a private offering?

Huiquan Fund is a private placement. According to relevant public information, Huiquan Fund is a Public Offering of Fund management company approved by China Securities Regulatory Commission. It was incorporated in Tongzhou District, Beijing in June 2020 with a registered capital of 654.38 billion yuan, mainly engaged in Public Offering of Fund management, private equity fund management and fund sales.