The association solemnly reminds all investors to be vigilant and discerning against illegal activities conducted by individuals falsely using the names of member institutions or private fund managers registered with the association. These illegal activities include, but are not limited to, the misuse of company names, registered trademarks, impersonation of practitioners' portraits to create illegal apps or websites, and engaging in illegal publicity and fundraising activities. It is recommended to visit the official website of the China Securities Investment Fund Industry Association (www.amac.org.cn) to check the public information of private fund managers and protect your legal rights.

The association solemnly declares its firm opposition to any illegal activities carried out under the guise of its member institutions or private fund managers registered with the association. If investors discover such illegal acts, please immediately collect and preserve evidence, and report them to the police and regulatory authorities.

The association also solemnly requests that all member institutions and private fund managers closely monitor the aforementioned infringement activities. Upon discovery, they should promptly collect and preserve evidence, report to the police and regulatory authorities, and inform the association. The association will work with member institutions and private fund managers registered with the association to legally safeguard the legitimate rights and interests of the industry.

The association will continue to prioritize the protection of investors' legal rights and interests, adhere to the rule of law to guide industry self-regulation, create a healthy and orderly industry development environment, and provide safe and effective wealth management services to a wide range of investors.

China Securities Investment Fund Industry Association
May 7, 2020