Recently, Beijing Lianrong Dingxin private equity management partnership (limited partnership) was established, with the executive partner being Beijing Lianrong Zhidao asset management Co., Ltd., and a capital contribution of 0.404 billion RMB. The business scope includes engaging in private equity investments, investment management, asset management, and other activities using private funds for investment activities. This enterprise is jointly funded by legendholding (HK.03396) and its subsidiary, Beijing Lianrong Zhidao asset management Co., Ltd.