Actively implement measures against stubborn diseases, and continue to strengthen the supervision of private equity industry.

In response to the "long-standing problems" of the private equity industry, regulatory authorities have taken frequent actions. Recently, the Shenzhen Securities Regulatory Bureau issued the latest report on the supervision of private equity funds in Shenzhen. The report pointed out that some private equity fund managers in the region have violated the investment operation and misappropriation of fund assets as stipulated in the fund contracts. Next, the Shenzhen Securities Regulatory Bureau will continue to strengthen the supervision and inspection of the investment operation behavior of private equity fund managers in the region.