blockchaingamesforiphone| Impact of the Ruifengda incident: The filing of new private equity products is becoming stricter, and Great Wall Information is set to attract more private equity attention

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Affected by the Ruifengda incident, the Fund Industry Association suspended the filing of New Third Board investment funds, and many private placements were dealt with due to violations, but fixed-increase shares were still active.

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[Private equity fund filings tightened, Ruifengda incident became a trigger] Affected by the Ruifengda incident, the China Fund Industry Association suspendedblockchaingamesforiphoneFunds involved in the investment business of the New Third Board were filed. The move aims to control risks in the short term and echoes the association's recent tightening of supervision of private equity. [Many private equity institutions have been punished for violations, and fixed investment has become a new way] Recently, many private equity institutions have been punished by the association for business violations, and some even faced a three-month filing suspension. Faced with the suspension of new product filings, some private placements have "detour" to invest in new third board companies through fixed value-added methods, demonstrating the flexibility of the market. [Beiyin Private Equity adhered to the New Third Board and once led its performance] Zhu Kan, a partner of Beiyin Private Equity, believes that although the New Third Board faces severe listing conditions and reduced investment cost performance, the suspension of the filing of New Third Board products has limited impact on large-scale private equity. Beiyin Private Equity focused on the New Third Board and the Beijing Stock Exchange, and its performance was once leading the way. [Great Wall Information's fixed increase attracts private equity attention, and the industry prospects are still attractive] Great Wall Information's recently completed fixed increase attracted two private equity institutions, Changsha Xinrong and Huiyin Deqing. As a provider of financial information solutions, Great Wall Information has seen its industry prospects remain attractive despite a decline in revenue and net profit in 2023. [The regulatory storm continues, and the private equity industry faces strict scrutiny] On May 15, relevant departments interviewed some private equity institutions about the issue of "helping funds" during product fundraising. In addition, the China Infrastructure Association imposed disciplinary sanctions on a number of private placements such as Northern Assets, Jiangsu Ruigu, and Linling Assets. Shenzhen Zhaolifeng was ordered by the Shenzhen Securities Regulatory Bureau to make corrections for violations. The regulatory storm shows the strict censorship facing the private equity industry.