Recently, Xu Yong, a partner of ZhongYin (Hefei), was engaged by Xuancheng Tongda Venture Capital Fund (Limited Partnership) as long-term legal counsel. This fund is managed by Anhui GOHO Investment, one of the three largest private equity fund management companies under GOHO Financial Asset Management Co., Ltd. (“GOHOAMC”).

GOHOAMC is one of the first provincial-level local financial asset management companies with qualifications for non-performing financial asset bulk acquisition and disposal in China established upon the approval of the People's Government of Anhui Province, registered with the Ministry of Finance, and approved by the CBRC. According to Dagong Global and Lianhe Credit, its long-term credit rating is AA+, and its rating outlook is stable.