The Zhitong Finance App learned that on December 31, the China Securities Regulatory Commission issued the “Implementation Measures for the Supervision and Administration of the Securities and Futures Market”, which mentions that implementing agencies implement supervisory and management measures on parties with any of the following circumstances in accordance with laws, administrative regulations and the provisions of the China Securities Regulatory Commission: (1) there is an illegal act of securities fund futures and derivatives; (2) securities fund futures and derivatives management agencies and private equity fund managers have inadequate governance structures, inadequate internal control, and chaotic management; (3) securities fund futures and derivatives operators, private equity fund risk management control Non-compliance with regulations; (4) Other circumstances stipulated by law, administrative regulations, and the rules and regulations of the China Securities Regulatory Commission. Supervisory and management measures may be applied individually or in combination.

The Zhitong Finance App learned that on December 31, the China Securities Regulatory Commission issued the “Implementation Measures for the Supervision and Administration of the Securities and Futures Market”, which mentions that implementing agencies implement supervisory and management measures on parties with any of the following circumstances in accordance with laws, administrative regulations and the provisions of the China Securities Regulatory Commission: (1) there is an illegal act of securities fund futures and derivatives; (2) securities fund futures and derivatives management agencies and private equity fund managers have inadequate governance structures, inadequate internal control, and chaotic management; (3) securities fund futures and derivatives operators, private equity fund risk management control Non-compliance with regulations; (4) Other circumstances stipulated by law, administrative regulations, and the rules and regulations of the China Securities Regulatory Commission. Supervisory and management measures may be applied individually or in combination.