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Our financial investment business mainly refers to fixed income investments and equity investments conducted by the Company. In addition, we also take full advantage of the features of fixed income investments and equity investments, and make mezzanine investments in certain enterprises that are ready for IPO. This allows us to not only earn stable returns through fixed income investments, but also have greater upside potential through conversion rights or warrants. Our mezzanine investment projects are classified into either fixed income investment or equity investment, based on the nature of the investment.
