On June 9, the Jiangsu Securities Regulatory Bureau issued an announcement to take administrative supervision measures to issue a warning letter against Jiuying Wuxi Private Equity Fund Management Co., Ltd. (hereinafter referred to as "Jiuying Wuxi").
The announcement shows that Jiuying Wuxi had the act of managing unregistered private equity funds during its management of "Jiaxing Tongying Investment Partnership (Limited Partnership)", which violated Article 8 of the "Interim Measures for Supervision and Administration of Private Equity Investment Funds" (CSRC Order No. 105, referred to as the "Interim Measures").
Based on the above violations, in accordance with the relevant provisions of Article 33 of the Interim Measures, the Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures to issue a warning letter to Jiuying Wuxi.
Public information shows that Jiuying Wuxi was established in November 2016. Its main business scope includes using private equity funds to engage in equity investment, investment management, asset management and other activities.
Source: Jiangsu Securities Regulatory Bureau
