Odaily Planet Daily news: Du Jun posted on the X platform in response to ABCDE stopping new investments and the second phase of fundraising, stating:
1. No shortage of funds: ABCDE's main capital comes from the Huobi system, accounting for 80%, including several Huobi co-founders and core executives. Moreover, I personally commit that for any fund phase, my personal investment proportion will not be less than 30%.
2. Return rate: ABCDE's first phase invested in multiple high-quality projects, with early entry and low valuations.
3. Post-investment management: Whether it is the responsibility to LPs or support for invested projects, resources and efforts will continue to be invested. Personally, I will also continue to accompany outstanding entrepreneurs with my own funds and network.