Recently, the China Securities Regulatory Commission (CSRC) held the 2022 Working conference on supervision, Crackdown and Liquidation of private Equity funds and regional equity market. The meeting stressed the need to earnestly implement the requirements of inspection and rectification of central goverment, effectively improve the political standing, continue to strengthen the work style, take the initiative to do a solid job of private equity funds and regional equity market supervision, crackdown and rectification work in 2022, with excellent results to welcome the party's 20th National Congress.