On May 8, the Shenzhen Securities Regulatory Bureau issued the latest notice on the supervision of private equity funds in Shenzhen. The notice pointed out that in recent years, the Shenzhen Securities Regulatory Bureau has discovered in its daily supervision that some private equity fund managers in its jurisdiction have violated laws and regulations and carried out investment operations in violation of fund contract agreements. It is quite prominent that exhibiting acts such as product valuation, subscription and redemption, and related transactions damage investors' rights and interests, and individual institutions have violated the bottom line requirements for misappropriating fund assets. The core reason for this situation is that private equity fund managers have not carefully and diligently fulfilled their investment management obligations during the private equity investment operation process. The Shenzhen Securities Regulatory Bureau requires that all private equity fund managers in its jurisdiction should carefully and diligently fulfill their investment management obligations to ensure that investment operations do not violate the requirements of regulatory rules and fund contract agreements, and do not harm the legitimate rights and interests of investors.

On May 8, the Shenzhen Securities Regulatory Bureau issued the latest notice on the supervision of private equity funds in Shenzhen. The notice pointed out that in recent years, the Shenzhen Securities Regulatory Bureau has discovered in its daily supervision that some private equity fund managers in its jurisdiction have violated laws and regulations and carried out investment operations in violation of fund contract agreements. It is quite prominent that exhibiting acts such as product valuation, subscription and redemption, and related transactions damage investors' rights and interests, and individual institutions have violated the bottom line requirements for misappropriating fund assets. The core reason for this situation is that private equity fund managers have not carefully and diligently fulfilled their investment management obligations during the private equity investment operation process. The Shenzhen Securities Regulatory Bureau requires that all private equity fund managers in its jurisdiction should carefully and diligently fulfill their investment management obligations to ensure that investment operations do not violate the requirements of regulatory rules and fund contract agreements, and do not harm the legitimate rights and interests of investors.