On August 12, the Hong Kong-listed company New Fire Technology announced that it has signed an asset management service framework agreement with the actual controller Li Lin to provide asset management services for its affiliated funds, including ABCDE Fund, New World Fund, New Era Fund and MS Fund. The announcement disclosed that as of June 30 this year, ABCDE's total assets under management was 400 million US dollars, of which Li Lin owned 31.25% of the equity. New World Fund's total assets under management was 200 million US dollars, of which Li Lin owned 50.00% of the equity. MS Fund's total assets under management were 18.10 million US dollars, of which Li Lin owned 96.13% of the equity.