Guangdong Securities Regulatory Bureau: Order to correct administrative supervision measures against Guangdong Poyuan Private Equity Fund_Oriental Fortune Network

The decision on administrative supervision measures issued by the Guangdong Securities Regulatory Bureau on May 31 shows that due to violation of relevant regulations, the Guangdong Securities Regulatory Bureau has issued asecuritiesinvestfundManagement Co., Ltd. takes administrative supervision measures ordered to make corrections.

Recently, Guangdong Securities Regulatory Bureau has issued a private placement of Guangdong PoyuansecuritiesInvestment Fund Management Co., Ltd. has checked the relevant situation and found that the company has the following problems: First, it exaggerated and one-sidedly promoted the “Yurong Double Dark Horse Fund” (hereinafter referred to as the “Dark Horse Fund”) “Private China Island Fund No. 1″ to unspecified objects. Period – Yurong Golden Diamond No. 3” “Yurong Fortune No. 1”securities“Investment Fund” “Private China Island Fund Phase 2 – Yurong Feixiang Private EquityStock investmentFund” and other private fund products; second, the risk rating of the dark horse fund was not carried out; third, the liquidation of the dark horse fund was not reported to the Asset Management Association of China in a timely manner; fourth, the relevant information of the dark horse fund was not properly preserved; The materials show “Hummingbird Fund”, “Bumblebee Fund”, “Yurong Rabbit 100”, “Yurong Rabbit No. 1”, “Yurong Xinman No. 1” and other private equity fund products not managed by your company.performanceSuch information may cause investors to fail to accurately understand the risks of your company’s private equity funds.

The above acts violated Articles 14, 17, 25 and 26 of the “Interim Measures for the Supervision and Administration of Private Investment Funds” (Order No. 105 of the China Securities Regulatory Commission, hereinafter referred to as the “Interim Measures”). And the relevant provisions of Article 6 of “Several Provisions on Strengthening the Supervision of Private Investment Funds”. According to the provisions of Article 33 of the “Interim Measures”, the Guangdong Securities Regulatory Bureau decided to take administrative supervision measures to order the company to make corrections.

(Article source: Shanghai Securities News China Securities Network)

Article source: Shanghai Securities News China Securities Network

Responsible editor: 65

Original title: Guangdong Securities Regulatory Bureau: Order to correct administrative supervision measures against Guangdong Poyuan Private Equity Fund