Private equity funds cannot be withdrawn through listing without filing, and if the circumstances are serious, the fund industry association will make relevant penalties or hand them over to the CSRC for handling.

[Legal basis]

Article 11 of the Securities Investment Fund Law stipulates that private fund managers shall, within 20 working days after the end of private fund raising, record through the private fund registration and filing system, mark the fund category according to the main investment direction of private fund, and truthfully fill in the basic information such as fund name, fund scale, investors, fund contract, etc.