No On April 29th, 2022, Zhejiang Securities Regulatory Bureau issued the Decision on Taking Measures to Issue Warning Letter to Sun, which showed that during the on-site inspection of Zhejiang Asset Management Co., Ltd. (hereinafter referred to as "Assets"), Zhejiang Securities Regulatory Bureau found that the assets set up multiple branches for the purpose of raising funds to raise funds from unqualified investors, and some managed private equity funds did not go through the fund filing procedures with China Asset Management Association, and were issued in a rolling way and operated collectively. As the actual controller and general manager of assets, Sun failed to perform relevant duties and obligations cautiously and diligently, and was mainly responsible for the above-mentioned problems of assets, which violated the relevant provisions of the Interim Measures for the Supervision and Administration of Private Investment Funds. According to the relevant regulations, Zhejiang Securities Regulatory Bureau decided to issue a warning letter to Sun, which will be recorded in the integrity file of the securities and futures market and will not be sentenced.