诺亚歌斐中信资本股权投资变无期？

Group 1 - The private equity fund, originally set to mature in 2022, has been extended unilaterally by the manager for an additional two years, raising concerns among investors about the validity of the contract terms [1][2] - The fund's original contract stipulated a maximum duration of 6 years with a limit of two extensions, each not exceeding one year [2] - Investors, including Liu Dong, have expressed frustration over the lack of communication and transparency from the fund manager, Gaofei Asset Management, regarding the fund's status and the reasons for the extensions [2][3] Group 2 - The underlying investment, CITIC Capital Tianjin Company, has shown deteriorating financial performance, reporting a net loss of 923 million RMB for 2024, with total assets of approximately 13.8 billion RMB and net assets of about 7.6 billion RMB [4] - Investors have raised allegations of misleading information and lack of disclosure from CITIC Capital, particularly regarding its failure to update its listing status on the New Third Board since 2017 [4][6] - The fund manager, Gaofei Asset Management, has been criticized for not fulfilling its due diligence and information disclosure obligations, as it failed to provide timely updates on the fund's net asset value and investment portfolio [8][9] Group 3 - Investors have initiated legal actions and reported the situation to regulatory bodies, including the China Securities Regulatory Commission, in an effort to recover their investments [9] - Gaofei Asset Management has proposed a plan to accelerate project exits over the next five years, but investors have expressed skepticism about its feasibility [9] - The fund's management has indicated the possibility of legal action against CITIC Capital to protect investors' rights [9]