News summary
The first anniversary of the implementation of the new regulationstopgamestoearncryptoThe new regulations on private placement registration and filing have promoted industry adjustments. The number of private placement registrations has been significantly reduced by more than 80%, and the total number of managers has been reduced by 3500. The industry has entered a "stock era."
Newsletter text
[On the first anniversary of the implementation of the new private placement regulations, the number of registrations has dropped sharply] On May 26, the new regulations on private placement registration have been implemented for one year. New rules improve private equity manager registrationtopgamestoearncryptoThe threshold has led to a significant decline in the number of private placements completed for filing. Data from the China Infrastructure Association shows that in the first year since the implementation of the new regulations, only 214 private equity companies were successfully registered, a decrease of more than 80% compared with 1315 companies in the previous year. Since May, only Shanghai Hongyuan private equity company has completed new registrations. With the increase in the threshold, the private equity industry has officially entered the era of "stock", and the total number of managers has dropped by 3500 from the peak.