More than 800 private equity funds have canceled their registration within the year, with over half exiting voluntarily.

The China Securities Investment Fund Industry Association has publicly disclosed information showing that as of September 19th, over 800 private equity funds have deregistered since the beginning of this year, with the number of actively deregistering managers accounting for over 50%. It is worth mentioning that during the same period last year, the number of private equity funds deregistered exceeded 1200, but the proportion of actively deregistered managers was less than 35%. In the eyes of industry insiders, the increase in the proportion of actively deregistered private equity funds is a reflection of the continuous purification of the industry ecosystem. In recent years, with regulatory measures becoming more detailed, more and more private equity funds have transitioned from "dare not violate regulations" to "do not want to violate regulations", leading to a further improvement in the self-discipline level of the private equity industry.