投资界2月28日消息，近日，证监会发布《私募投资基金信息披露监督管理办法》（以下简称《信息披露办法》），自2026年9月1日起施行。证监会表示， 该办法压实私募基金管理人、私募基金托管人信息披露责任，规范私募基金信息披露行为，有利于提高私募基金运作透明度，保护投资者合法权益。 据悉，《信息披露办法》进一步明确私募基金托管人的信息披露责任，托管人应当履行与私募基金托管业务有关的信息披露职责，包括披露基金托管协议， 定期出具基金托管人报告、对私募证券投资基金财务情况等信息及时进行复核审查并出具意见等；明确私募基金销售机构信息披露职责，销售机构接受委托 披露私募基金信息的，应当按照规定和约定真实、准确、完整、及时地向投资者披露信息，不得对管理人提供的信息进行篡改；明确相关关联方配合信息披 露义务，主动向私募基金管理人告知其与私募基金信息披露相关的事项，包括私募基金管理人的股东、合伙人、实际控制人等。 以下为《私募投资基金信息披露监督管理办法》原文： 第八条 私募基金管理人应当按照基金合同约定的信息披露 内容、渠道、方式、频率等,向投资者披露私募基金信息,并明 确投资者就信息披露事项进行咨询的联络方式,以及私募基金管 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released the "Regulations on Information Disclosure Supervision and Management of Private Investment Funds," effective from September 1, 2026, which prohibits certain misleading practices in investment performance predictions and guarantees [2]. Group 1: Regulations Overview - The new regulations consist of seven chapters and forty-four articles, covering general principles, basic requirements for information disclosure, transaction management, supervision, and legal responsibilities [2]. - Private fund managers and custodians are required to establish sound information disclosure management systems [2]. Group 2: Supervision and Enforcement - The CSRC and its local agencies will supervise the information disclosure activities of private fund managers, custodians, sales institutions, and other service providers, with the authority to impose corrective measures and administrative penalties for violations [2]. - The CSRC plans to enhance the regulation of information disclosure practices and ensure that all market participants fulfill their responsibilities to promote a healthy development of the private fund industry [2].

（原标题：中国证监会发布《私募投资基金信息披露监督管理办法》） 来源：中国证监会 为贯彻党中央、国务院关于金融监管的工作部署，落实《国务院关于加强监管防范风险推动资本市场高 质量发展的若干意见》（国发〔2024〕10号）、《私募投资基金监督管理条例》（以下简称《私募条 例》）有关规定，规范私募基金信息披露行为，保护投资者合法权益，中国证监会发布了《私募投资基 金信息披露监督管理办法》（以下简称《私募基金信息披露办法》），自2026年9月1日起施行。《私募 基金信息披露办法》压实私募基金管理人、私募基金托管人信息披露责任，规范私募基金信息披露行 为，有利于提高私募基金运作透明度，保护投资者合法权益。 《私募基金信息披露办法》共七章四十四条，主要内容包括：一是总则。明确私募基金管理人、私募基 金托管人，以及接受私募基金管理人委托的私募基金销售机构向投资者披露信息的原则要求。二是信息 披露基本要求。明确私募基金管理人应当按照基金合同约定的信息披露内容、渠道、方式、频率向投资 者披露私募基金信息。明确私募基金管理人自愿信息披露要求。明确私募基金托管人履行与托管业务有 关的信息披露职责，以及对私募证券投资基金财务情况等 ...

Group 1 - The company, Shenzhen Fenda Technology Co., Ltd., has signed a partnership agreement with several investment institutions to invest in the Qiongcheng Qinggeng Venture Capital Partnership, which will specifically invest in Xinghai Map (Beijing) Artificial Intelligence Technology Co., Ltd. The company plans to contribute 24.5 million RMB, accounting for 32.9966% of the total committed capital of the partnership [2] - The partnership has received its business license from the Qiongcheng City Administrative Approval Bureau, and all partners have fulfilled their capital contribution obligations as per the partnership agreement [2] - The partnership has completed the necessary registration with the Asset Management Association of China and has obtained the Private Investment Fund Registration Certificate, with the registration date being February 4, 2026 [2] Group 2 - The company will continue to monitor the progress of the fund and will fulfill its information disclosure obligations in accordance with relevant laws and regulations [2]

Investment Overview - Shenzhen Mingjiahui Technology Co., Ltd. approved a joint investment by its wholly-owned subsidiary, Liu'an Mingjiahui Optoelectronics Technology Co., Ltd., and professional investment institutions, contributing a total of 21.77 million yuan to Shenzhen Lihua Suanxin No. 2 Venture Capital Enterprise (Limited Partnership) [1] - Liu'an Mingjiahui plans to invest up to 15 million yuan, with a contribution ratio of 6.8902% [1] Investment Progress - As of February 4, 2026, the Shenzhen Lihua Suanxin No. 2 Venture Capital Enterprise has completed the private investment fund filing procedures and obtained the Private Investment Fund Filing Certificate [2] - The total actual contribution from partners to the fund has changed to 80 million yuan, with Liu'an Mingjiahui's final actual contribution being 12 million yuan, resulting in a contribution ratio of 15% [2]

Core Viewpoint - The company has announced its participation in a private investment fund, Tianze Lushan, in collaboration with Wanlian Tianze Capital and a high-quality development fund from a listed company in Guangzhou, holding a 30% stake in the fund [1] Group 1 - The company previously committed 30 million yuan to the fund [1] - Tianze Lushan has completed the private investment fund registration process with the Asset Management Association of China, obtaining the Private Fund Registration Certificate [1] - The registration date for the fund is February 3, 2026, with Wanlian Tianze Capital as the manager and China Construction Bank as the custodian [1]

Group 1 - The core viewpoint of the news is that Nanjing Securities experienced a decline in stock price and trading volume, with significant activity in margin trading and securities lending on February 2 [1] - On February 2, Nanjing Securities' stock price fell by 1.51%, with a trading volume of 220 million yuan. The margin trading data showed a net margin purchase of 2.64 million yuan for the day [1] - As of February 2, the total margin trading balance for Nanjing Securities was 1.064 billion yuan, with the margin balance accounting for 3.67% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - Nanjing Securities, established on November 23, 1990, and listed on June 13, 2018, engages in traditional securities services and innovative business ventures, including private equity through its subsidiary [2] - The company's main business revenue composition includes 62.31% from securities investment, 46.02% from securities and futures brokerage, 5.12% from investment banking, and 2.05% from asset management [2] - For the period from January to September 2025, Nanjing Securities reported a revenue of 2.262 billion yuan, a year-on-year decrease of 4.48%, while the net profit attributable to shareholders increased by 31.18% to 913 million yuan [2] Group 3 - Nanjing Securities has distributed a total of 2.673 billion yuan in dividends since its A-share listing, with 1.32 billion yuan distributed over the past three years [3] - As of September 30, 2025, the number of shareholders for Nanjing Securities was 108,100, a decrease of 7.39% from the previous period, while the average circulating shares per person increased by 7.98% to 33,865 shares [2][3] - Among the top ten circulating shareholders, the Guotai CSI All-Index Securities Company ETF (512880) is the ninth largest shareholder, having recently acquired 57.1179 million shares [3]

Core Viewpoint - The Chinese securities market is experiencing significant activity, with the Shanghai Composite Index achieving a 17-day consecutive rise and surpassing 4000 points for the first time in a decade, while also facing notable legal risks related to investor protection [1]. Group 1: Market Activity - The Shanghai Composite Index has achieved a 17-day consecutive rise, marking a significant milestone by returning to 4000 points after ten years [1]. - The total trading volume in the market has reached a new high, indicating increased investor participation [1]. Group 2: Legal Risks - Investors are warned to be cautious of three main legal risks when entering the market [2]. - The first risk involves fraudsters impersonating securities professionals or misusing their identities to conduct illegal activities, leading to financial losses for investors [2]. - The second risk pertains to financial institutions failing to fulfill their obligation to inform investors about investment risks, resulting in investors purchasing products beyond their risk tolerance [2]. - A case highlighted the failure of an investment management company to assess an investor's risk capacity, leading to a significant loss for the investor, with the court ruling that the company was liable for 80% of the losses incurred [3]. - The third risk involves false statements made by listed companies, which exacerbate information asymmetry and lead to poor investment decisions by investors [2]. - A specific case demonstrated that a company's failure to disclose critical information resulted in financial losses for an investor, with the court ruling in favor of the investor [3]. Group 3: Recommendations - Judges recommend that investors should engage in rational investment practices and verify the identities of securities personnel to avoid falling victim to scams [4]. - Financial institutions are urged to enhance their management of suitability obligations and adhere to stricter standards to protect investors [4]. - The establishment of a multi-faceted dispute resolution mechanism, in collaboration with regulatory bodies, is suggested to expedite the resolution of conflicts and safeguard the interests of small investors [4]. - There is a call for stricter enforcement against securities violations and the improvement of related legal and judicial frameworks [4].

Group 1 - Nanchong Advanced Manufacturing Development Private Investment Fund Partnership has been established with a total investment of 3 billion yuan [1] - The fund's business scope includes private equity investment, investment management, and asset management activities [1] - The fund is co-funded by Nanchong Industrial Development Group Co., Ltd. and others [1] Group 2 - The fund is registered as a limited partnership and is located in Nanchong City, Sichuan Province [2] - The fund's operational period is from January 20, 2026, to January 20, 2041 [2] - Nanchong Industrial Development Group Co., Ltd. holds a 99.90% stake in the fund, contributing 2.997 billion yuan [2]

Core Viewpoint - The company has approved an investment of up to 40 million yuan to establish a partnership in a private equity fund, acquiring an 18.10% stake, aimed at investing in Shanghai Silang Technology [1] Investment Details - The partnership, named Zhongbao Investment Sichuang (Jiaxing) Equity Investment Partnership (Limited Partnership), has completed the private fund registration with the Asset Management Association of China [1] - The total investment amount in collaboration with private equity funds has reached 680 million yuan [1] Risk Management - The company will bear an investment risk exposure of no more than 40 million yuan, which is not expected to significantly impact its performance [1] - The company emphasizes the importance of strengthening supervision and risk management throughout the investment process [1]