The Shenzhen Securities Regulatory Bureau has taken administrative supervision measures to issue a warning letter against Shenzhen Wanshan Capital Management Co., Ltd., because the company did not independently carry out investment decisions and failed to fulfill its obligation of prudence and diligence in engaging in private equity fund business activities, in violation of the relevant provisions of Article 4 (1) of the “Interim Measures on the Supervision and Administration of Private Equity Funds”. If you disagree with this administrative supervision measure, you may apply for administrative review to the China Securities Regulatory Commission within 60 days from the date of receipt of this decision, or file a lawsuit with the competent people's court within 6 months from the date of receipt of this decision.

The Shenzhen Securities Regulatory Bureau has taken administrative supervision measures to issue a warning letter against Shenzhen Wanshan Capital Management Co., Ltd., because the company did not independently carry out investment decisions and failed to fulfill its obligation of prudence and diligence in engaging in private equity fund business activities, in violation of the relevant provisions of Article 4 (1) of the “Interim Measures on the Supervision and Administration of Private Equity Funds”. If you disagree with this administrative supervision measure, you may apply for administrative review to the China Securities Regulatory Commission within 60 days from the date of receipt of this decision, or file a lawsuit with the competent people's court within 6 months from the date of receipt of this decision.