Guo Peng Capital executes the highest risk control standards in the industry. We have established an overall risk control system that covers the whole deal cycle. Special attention is paid to conducting holistic due diligence that covers legal, commercial and financial risks. Risk control is integrated into the performance management mechanism so as to align the interest of our personnel with that of the portfolio companies. Procedures wise, the investment department is supported by the legal and financial experts of the Compliance Department in conducting the investment analysis. The analysis is then submitted to the Investment Committee for review. The Risk Control Committee would provide their opinions too. All these measures aim to ensure that we make the right investment decisions.