A Formal Statement on the Fraudulent Use of Gaorong Ventures' Name

高榕创投高榕创投·May 15, 2021

Formal Statement

Recently, our company has discovered that criminals have been impersonating Gaorong Ventures (including but not limited to 高榕资本, Gaorong Capital, Banyan Capital, 高榕, or Gaorong) and its staff members (collectively referred to as "Gaorong Ventures") through websites, apps, WeChat, Weibo, and other channels, disseminating false information and conducting illegal activities such as fundraising, wealth management, capital raising, and product sales.

Gaorong Ventures hereby makes the following solemn statement: Gaorong Ventures strictly complies with all applicable laws, regulations, and regulatory standards. Its funds are raised privately from qualified investors who meet relevant eligibility requirements only, and Gaorong Ventures does not guarantee principal or returns to any party in any form. Gaorong Ventures has never — nor has it ever authorized any entity or individual to — conduct fundraising, wealth management, capital raising, product sales, or similar activities in its name through any public channels (including but not limited to websites, apps, WeChat, Weibo, and other platforms). Gaorong Ventures has no legal or commercial relationship whatsoever with any entities or individuals impersonating its name, and their actions are in no way associated with Gaorong Ventures. Any unauthorized use of the Gaorong Ventures name constitutes infringement, and we reserve the right to take legal action to protect our legitimate rights and interests and hold infringers legally accountable. We urge the general public to remain vigilant and not trust such false information, so as to avoid financial losses. If you have encountered such situations, please promptly report them to public security authorities and regulatory bodies to protect your personal interests. Finally, we reiterate that all information regarding Gaorong Ventures should be verified through the following official channels:

【Official Website】 https://www.gaorongvc.com/ 【Official WeChat Account】 高榕资本 ID: banyancapital