Hangzhou Jinling Group is not a private equity institution. Is a group company registered overseas, focusing on financial big data research, software development and training. The company has many years of experience in domestic futures market, foreign exchange market and international futures market, and has made remarkable achievements. Private placement institutions refer to institutions engaged in asset management, investment consulting and other businesses. The main business areas of Jinling Group are financial big data and software development. It can be concluded that Hangzhou Jinling Group is not a private placement institution.