(Original title: Heheda Investment violated regulations and was ordered to correct the two registered private placements as one product)

China Economic Net, Beijing, August 26 The decision to order corrective measures against Anhui Heheda Investment Management Co., Ltd. recently published on the website of the China Securities Regulatory Commission shows that Anhui Heheda Investment Management Co., Ltd. has committed two violations: after the company's actual office address changed, it failed to register the change in a timely manner; the filing information was inaccurate, and the two private equity funds registered by the company were actually one private equity fund product.

The above situation violates the provisions of Article 25 of the "Interim Measures for the Supervision and Administration of Private Investment Funds". According to the provisions of Article 33 of the "Interim Measures for the Supervision and Administration of Private Equity Investment Funds", the Anhui Securities Regulatory Bureau decided to take supervisory and administrative measures to order the company to make corrections. The company should effectively rectify relevant issues and submit a written rectification report to the Anhui Securities Regulatory Bureau within one month from the date of this decision. Anhui Securities Regulatory Bureau will continue to pay attention to the implementation of the company's rectifications in daily supervision.

According to a reporter from China Economic Net, Anhui Heheda Investment Management Co., Ltd. was established on November 14, 2011, with a registered capital of 10 million yuan, and its shareholder is Tianjin Zhonghe Yida Investment Co., Ltd.

Article 25 of the "Interim Measures for the Supervision and Administration of Private Equity Investment Funds" stipulates: Private equity fund managers shall, in accordance with the provisions of the Asset Management Association, promptly fill in and regularly update the relevant information of the managers and their employees, the investment operations and leverage utilization of the private equity funds under management, and ensure that the reported content is true, accurate and complete. If a major event occurs, it shall be reported to the Asset Management Association within 10 working days.

Private equity fund managers shall, within 4 months after the end of each fiscal year, submit to the Asset Management Association their annual financial report audited by an accounting firm and the basic annual investment operations of the private equity funds they manage.

Article 33 of the "Interim Measures for the Supervision and Administration of Private Equity Investment Funds" stipulates: If private equity fund managers, private equity fund custodians, private equity fund sales agencies and other private equity service agencies and their employees violate laws, administrative regulations and the provisions of these Measures, the China Securities Regulatory Commission and its dispatched agencies may take administrative regulatory measures such as ordering corrections, supervisory interviews, issuing warning letters, and public condemnation.

The following is the original text of the administrative penalty:

Decision on ordering corrective measures against Anhui Heheda Investment Management Co., Ltd.

Anhui Heheda Investment Management Co., Ltd.:

After investigation, your company has the following problems:

1. After the company’s actual office address was changed, the change was not registered in a timely manner.

2. The filing information is inaccurate. The two private equity fund products registered by the company are actually one private equity fund product.

The above situation violates the provisions of Article 25 of the "Interim Measures for the Supervision and Administration of Private Investment Funds". According to the provisions of Article 33 of the "Interim Measures for the Supervision and Administration of Private Equity Investment Funds", our bureau has decided to take supervisory and administrative measures to order your company to make corrections. Your company should effectively rectify relevant issues and submit a written rectification report to our bureau within one month from the date of this decision. Our bureau will continue to pay attention to the implementation of your company's rectifications in daily supervision.

If you are dissatisfied with this supervisory and administrative measure, you may apply for administrative reconsideration to the China Securities Regulatory Commission within 60 days from the date of receipt of this decision, or you may file a lawsuit with the People's Court with jurisdiction within 6 months from the date of receipt of this decision. During the review and litigation period, the above supervision and management measures will not stop execution.

Anhui Securities Regulatory Bureau

August 22, 2019