On August 6, the Zhejiang Securities Regulatory Bureau website published a decision to issue a warning letter against Changxing Wancheng Private Equity Fund Management Co., Ltd. After investigation, in developing private equity business, the company had problems with some of the company's products being invested and operated in accordance with investment instructions issued by relevant investors. The above acts violate the provisions of Article 4 (1) of the “Interim Measures on the Supervision and Administration of Private Equity Funds”. According to the provisions of Article 33 of the “Interim Measures on the Supervision and Administration of Private Equity Funds”, the Zhejiang Securities Regulatory Bureau decided to take supervisory and administrative measures to issue a warning letter against the company and record it in the securities and futures market integrity file.

On August 6, the Zhejiang Securities Regulatory Bureau website published a decision to issue a warning letter against Changxing Wancheng Private Equity Fund Management Co., Ltd. After investigation, in developing private equity business, the company had problems with some of the company's products being invested and operated in accordance with investment instructions issued by relevant investors. The above acts violate the provisions of Article 4 (1) of the “Interim Measures on the Supervision and Administration of Private Equity Funds”. According to the provisions of Article 33 of the “Interim Measures on the Supervision and Administration of Private Equity Funds”, the Zhejiang Securities Regulatory Bureau decided to take supervisory and administrative measures to issue a warning letter against the company and record it in the securities and futures market integrity file.