Beijing Securities Regulatory Bureau: Takes administrative regulatory measures to order Beijing Sincere Private Fund Management Co., Ltd. to make corrections

The Beijing Securities Regulatory Bureau website announced on February 13th that it has decided to impose administrative regulatory measures requiring Beijing Zhenzhi Private Fund Management Co., Ltd. to make corrections. Upon investigation, the bureau found that during its private fund business operations, the company exhibited the following behaviors: failure to properly maintain investor suitability management records, with internal policies not meeting regulatory requirements; and failure to fulfill information disclosure obligations as stipulated in the fund contract. Based on these findings, the Beijing Securities Regulatory Bureau has decided to enforce corrective measures on the company.