神秘人李萍萍再现江湖，又有2亿私募基金无法赎回

Core Viewpoint - The article discusses the significant financial losses incurred by Zhonglai Co., Ltd. due to the inability to redeem a 200 million yuan private equity fund, leading to a total loss of approximately 180 million yuan, which is about half of the company's net profit for that year [6]. Group 1: Fund Redemption Issues - Zhonglai Co., Ltd. attempted to redeem a 200 million yuan private equity fund but faced repeated refusals from the fund manager, ultimately only managing to redeem 20 million yuan after ten months [2][3]. - By the end of November 2020, the net value of the remaining fund was reported at 163 million yuan, but this value drastically decreased due to poor investment decisions [3][4]. Group 2: Financial Losses and Legal Proceedings - The company experienced a staggering loss of 97.18% in one month, reducing the fund's value to just 4.61 million yuan [4][5]. - The case escalated to litigation, with the Jiangsu High Court ruling that the fund manager, Li Pingping, must compensate Zhonglai Co., Ltd. for all losses incurred, totaling 158 million yuan plus 10% annual interest [6]. Group 3: Recurrent Issues with Private Equity Funds - In 2025, a similar situation arose with another private equity fund managed by Li Pingping, where investors were unable to redeem their 200 million yuan investment due to claims of needing to share profits from alleged risky operations [8][9]. - The Shenzhen Securities Regulatory Bureau intervened but could not facilitate the redemption of funds for the investors, highlighting ongoing issues within the private equity sector [9]. Group 4: Li Pingping's Controversial Role - Li Pingping has been identified as a central figure in both cases, with allegations of using complex maneuvers to evade legal consequences and potentially misappropriating funds [10][13]. - Reports indicate that she has multiple legal cases against her, suggesting a pattern of behavior that raises concerns about her management practices in the private equity industry [20][22].