Morning Light Fund announces that it will purchase its private equity fund products with no less than 50 million yuan.

Morning Light Fund Announcement: Based on our strong confidence in the long-term stable development of the Chinese capital market and the proactive management capabilities of the company, in order to practice the long-term investment philosophy, the company and key core personnel will use their own funds of not less than RMB 50 million in the near future to participate in the subscription of the company's private equity fund products.