Legal analysis: In order to avoid the risk of not going through the filing procedures for more than 20 working days after fund raising, it is suggested that private fund managers can wait until the epidemic obstacles disappear before going through the filing procedures. Although delaying fundraising and filing procedures will delay foreign investment, it can reduce the risk of filing compliance. According to the Interim Measures for the Supervision and Administration of Private Investment Funds and the latest filing instructions of the fund industry association, the manager should apply for the filing of private investment funds through the AMBERS system within 20 working days after the fundraising is completed. The latest filing instructions clearly stipulate the "raising completion" standard of contract funds, corporate funds or partnership funds.

Legal basis: Interim Measures for the Supervision and Administration of Private Investment Funds Article 7 All kinds of private equity fund managers shall apply for registration with the fund industry association in accordance with the provisions of the fund industry association, and submit the following basic materials: (1) The original and photocopy of the industrial and commercial registration and business license; (2) Articles of association or partnership agreement; (3) List of major shareholders or partners; (4) Basic information of senior managers; (5) Other information stipulated by the fund industry association. The fund industry association shall publish the list of private fund managers and their basic information through the website within 20 working days after the registration materials of private fund managers are complete, and complete the registration procedures of private fund managers.