The Legal Opinion of Registration as Private Equity Fund Manager in accordance with the related regulations from the Asset Management Association of China (“AMAC”) submitted by Shenzhen Qianhailixin Asset management Corp. (“Qianhailixin”) (Registration Code: P1016152) was approved ,and Qianhailixin has successfully filed its Funds products before 1st August, 2016.

Qianhailixin is an asset management company which is specialized in providing professional and sophisticated Asset management and Investment management.

In respect of the submission of the legal opinion, Li & Partners (Beijing) acted as the legal adviser.