Group 1 - As of June 2025, there are 140,558 active private equity funds in China, with a total scale of 20.26 trillion yuan, slightly down from 20.27 trillion yuan at the end of May 2023 [1] - In June 2023, 1,540 new private equity funds were registered, with a total scale of 500.57 billion yuan. This includes 1,131 private securities investment funds with a scale of 299.83 billion yuan, 147 private equity investment funds with a scale of 92.63 billion yuan, and 262 venture capital funds with a scale of 108.11 billion yuan [1] - The number of active private fund managers reached 19,756 by the end of June 2023, including 7,761 private securities investment fund managers and 11,801 private equity and venture capital fund managers [1] Group 2 - The geographical distribution of registered private fund managers shows that the majority are concentrated in Shanghai, Beijing, Shenzhen, Zhejiang (excluding Ningbo), Guangdong (excluding Shenzhen), and Jiangsu, accounting for 72.19% of the total, slightly down from 72.2% at the end of May 2023 [2] - The top six regions by fund management scale are Shanghai, Beijing, Shenzhen, Guangdong (excluding Shenzhen), Jiangsu, and Zhejiang (excluding Ningbo), which together account for 75.11% of the total, up from 75.06% at the end of May 2023 [2]