Yahao is an innovative incubator for variety of financial players, such as hedge fund, private equity fund, and other alternative investment players. Yahao was originally established as a family office to cater for the demand in financial investments for the founder. While more wealthy families and institutional investors in China have the same appetite for wealth management, from wealth preservation to growth, Yahao is committed to be the professional service provider to those families and institutional investors as well as our own family, a business model which align the interest for both parties. As an incubation platform, Yahao has built a strong asset allocation and manager selection team, product develop team, risk management team, marketing team and back office support team to offer our all-round support for financial elites who can potentially be leaders in their respective areas. Our multi-product, multi-manager, multi-strategy approach provides a decent diversification for wealth preservation and a more stable wealth growth model compared with the traditional model of wealth management and can be one of our core competitivenesses for our investors.