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Why did Zhejiang Ultron Group close down?
According to the relevant information of the query, it shows that there is illegal behavior. There are three kinds of illegal acts in Ultron, Zhejiang:

1. Set up several branches for the purpose of raising funds to raise funds from unqualified investors.

2. Some managed private equity funds need to go through the fund filing procedures in China Asset Management Association.

3. Carry out the fund pool business with the characteristics of rolling issuance, collective operation, maturity mismatch and separate pricing. So it caused a power outage.