Establishing a capital pool, being distracted from main business, and promising returns, over 10 private equity funds were named and regulated at the beginning of the year.

According to statistics, as of January 15th, the securities supervision and management department has issued warnings or fines for violations by more than 10 private equity funds this year, targeting issues such as fund pool management, lack of focus on core business, promising minimum returns, and misappropriation of fund assets. In the view of industry insiders, under the guidance of regulatory policies, the pace of eliminating "bad money" in the private equity industry will steadily advance. Fund managers urgently need to establish a sound internal control system, improve compliance levels, and achieve long-term development on the basis of standardized operations.