Equity private equity funds cannot be redeemed at maturity. The parties sign the contract under the circumstances of great misunderstanding, fraud, coercion, obviously unfair, etc. And the fund company has evidence of breach of contract, etc. If negotiation fails, the lawsuit will be settled.

Contract law of the people's Republic of China

Article 54 One party has the right to request a people's court or an arbitration institution to modify or terminate the following contracts:

(1) Due to a major misunderstanding;

(2) obviously unfair at the time of conclusion of the contract.

If one party leads the other party to conclude a contract against its true meaning by fraud, coercion or taking advantage of others' danger, the injured party has the right to request the people's court or arbitration institution to modify or cancel it.

The people's court or arbitration institution shall not revoke the request of the parties.

Article 55 In any of the following circumstances, the right of revocation shall be extinguished:

(1) The party with the right to cancel fails to exercise the right of cancellation within one year from the date when it knows or should know the reasons for cancellation;

(2) The party who has the right to cancel clearly expresses or waives the right to cancel by his own actions after knowing the reasons for cancellation.

Chapter VII Liability for Breach of Contract

Article 107 If a party fails to perform its contractual obligations or fails to perform the contractual obligations in conformity with the contract, it shall be liable for breach of contract such as continuing to perform, taking remedial measures or compensating for losses.