Ding Feng new three board product valuation method announcement
Honored client and beneficiary:
Thank you for subscribing Shanghai Dingfeng Mingde Asset Management Co., Ltd. (hereinafter referred to as "Ding Feng Mingde") as the manager of the New Third Board product. The valuation method of Ding Feng Mingde New Third Board product is as follows:
1) The new three board unlisted equity items are valued at cost;
2) Projects that have been listed on the New Third Board but have not been marketed are valued at cost;
3) Projects that have been listed on the New Third Board and have already been marketed are valued at market value;
Note: After the New Third Board has been listed and the market-made fixed-income program has completed the payment, it will be valued according to the market value, including the fixed-income items that have already been paid but have not yet completed the delivery of the stock.
Shanghai Ding Feng Mingde Asset Management Co., Ltd.
August 13th, 2015