1. Private equity fund business shall follow the principles of voluntariness, fairness, honesty and credibility, safeguard the legitimate rights and interests of investors, and shall not harm the interests of the state and the public.

2. Private fund managers and institutions engaged in private fund custody business manage and use private fund property, institutions engaged in private fund sales business and other private fund service institutions engaged in private fund service activities shall fulfill their duties and fulfill their obligations of honesty, credibility, prudence and diligence.

legal ground

According to Article 3 of the Interim Measures for the Supervision and Administration of Private Investment Funds, engaging in private equity fund business shall follow the principles of voluntariness, fairness, honesty and credibility, safeguard the legitimate rights and interests of investors, and shall not harm the national and social public interests.

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