百亿私募旗下产品被禁打新，原因是填错净值

Core Viewpoint - Ningquan Asset has recently come under scrutiny due to its "Ningquan Zhiyuan No. 55 Private Securities Investment Fund" being placed on a restricted list for participating in offline IPO subscriptions, effective from June 20, 2025, for a duration of six months, attributed to a data entry error in net asset value [1][2][3]. Group 1 - Ningquan Asset, founded in January 2018 by Yang Dong, has a management scale of approximately 45 billion yuan as of the end of Q1 this year [4]. - The firm has a total of 26 employees, with 18 in the investment research team, focusing on sectors such as new energy, TMT, semiconductors, pharmaceuticals, and consumer finance [4]. - The restriction on the fund's participation in IPOs serves as a warning for other institutions regarding compliance and operational standards in the industry [6][8]. Group 2 - The recent incident highlights a broader issue within the industry, where many private equity firms face restrictions due to compliance failures, including improper quoting and lack of adherence to internal procedures [6][9]. - Other institutions, such as GF Securities and Zhonghai Fund, have also been placed on the restricted list for various compliance issues, indicating a trend of increased regulatory scrutiny [9][12]. - The revised rules for offline IPO investors emphasize the importance of compliance, with specific prohibitions against misleading information and improper quoting practices [8][9].