Du Jun: ABCDE has ceased new project investments and suspended the fundraising plan for Fund II. The original team will continue to be responsible for post-investment support for existing projects.

BlockBeats News, April 19th, Du Jun, co-founder of ABCDE, announced on social media that ABCDE has officially stopped new project investments and suspended the fundraising plan for Fund II. The original team will continue to be responsible for post-investment support and exit arrangements for existing projects, ensuring that commitments to entrepreneurs and LPs are earnestly fulfilled. His personal focus will also shift from primary market financial investment to a direction dominated by strategic investment, combined with deep incubation, paying more attention to industrial synergy and long-term value creation.

Du Jun further mentioned that he has launched a new incubator brand, Vernal, and will announce the incubator's shareholders, incubation rules, and the first batch of incubated projects in May. In May, the first batch buy-in list will also be released, specifying the amount purchased and the reasons for the purchase.