At 11: 30 am on June 7, the 2019 college entrance examination for Chinese subjects officially ended.

　　In 2019, there were 8 sets of examination papers in the Chinese Language Department of the National College Entrance Examination, including 3 sets of unified orders from the Examination Center of the Ministry of Education and 5 sets of independent orders from Beijing, Tianjin, Shanghai, Jiangsu and Zhejiang provinces. The Paper invited experts and Chinese teachers to comment on the composition questions in eight sets of papers one by one.

　　As for the essay questions of three sets of national volumes, Huang Dechu, a special-grade teacher in affiliated high school of south china normal university, thinks that all three sets of questions emphasize "writing with me". "That is to say, I am a contemporary youth, and I am a candidate who wants to enter the examination room. When writing, I emphasize realism more." In addition, the three sets of questions are all real scenes, and the tasks are clear. "Tell me who I am, to whom, why and how to write."

　　Li Haiyun, an associate professor at the Academy of Education Sciences of Shanxi Normal University, thinks that the compositions of Beijing, Tianjin, Jiangsu, Shanghai and Zhejiang have a certain depth, "but I personally prefer the three topics in the south. The essays in Jiangsu, Shanghai and Zhejiang have a lot of room for thinking and play. "

　　[National Volume I]

　　Read the following materials and write as required.

　　"People’s livelihood is diligent, but diligence is not scarce", and labor is the source of wealth and happiness. "Sleeping at night, sweeping the court" and loving labor are the excellent traditions of the Chinese nation, which have continued to this day. But in real life, there are also some students who don’t understand labor and don’t want to work. Some said, "We are so busy studying that labor takes up too much time!" " Some said, "With the rapid progress of science and technology, labor can be left to artificial intelligence in the future!" Others said, "Labor is so hard and tiring, why do you have to do it yourself? Spend some money to let others do it! " In addition, there are some phenomena around us that don’t respect labor.

　　This has aroused people’s deep thinking.

　　Please write a speech for the students in our school (collectively referred to as "Fuxing Middle School") in combination with the content of the materials, and advocate that everyone "love labor and start from me", reflect your understanding and thinking, and put forward hopes and suggestions. Requirements: self-made title, self-selected angle, and determined idea; Do not copy or copy; Do not disclose personal information; Not less than 800 words.

　　Expert comments

　　Xiao Gang (Chinese teacher of Guangzhou No.6 Middle School):This year’s national volume I composition continues to be presented in the form of "task-driven" material composition, and the topic of the material is very clear. "In the renaissance era, we must love and respect labor"; The task instruction is clear, and candidates are required to write a speech to the students of Fuxing Middle School. The specific requirement is to "reflect their own understanding and thinking, and put forward hopes and suggestions".

　　The topic well embodies the fundamental educational task of "cultivating people by virtue", which not only embodies the grand social issues, but also suits the reality of each candidate. Both the candidates and the senior three preparation teachers have made perfect preparations, whether it is the material content or the "task instruction" or even the specific requirements. It should be said that this topic is completely "expected". In addition, I have to say that the essay questions of Guangzhou Ermo are "similar" to this.

　　Since 2016, a volume of national essays has maintained a good stability. Whether it is the concept of rewards and punishments in 2016, the concept of China in 2017, the concept of the future in 2018, or the concept of labor in 2019, it is basically not "hurting" candidates in the examination session, and the topic is also relevant to the candidates’ reality and directed at the present. Personally, I appreciate the proposition of a volume.

　　Zhang Hongbo (Associate Professor, Chinese Department, Sichuan International Studies University):The national volume I looks easy, but in fact I don’t think it’s easy to write. Although labor is closely related to us, it is only easy to be superficial and superficial, so we certainly can’t get the ideal score. Reading materials, we should first clarify the concept of labor, there is no doubt that this refers to manual labor. Then from which angles should we analyze labor and analyze the benefits of labor? Four bodies are not diligent, regardless of the grain, and labor is the foundation of the body. Many times, good physical fitness is tempered in long-term labor. From the perspective of literature, Mr. Lu Xun said that literature originated from labor. From the perspective of scientific and technological progress, many ideas of invention originate from labor. From the perspective of life, labor can forge collective character and unite others … … The reason why there is International Labor Day shows that labor is a common behavior advocated by all mankind.

　　Li Haiyun (Associate Professor, Academy of Educational Sciences, Shanxi Normal University):The national volume I is easy to break, but it may not be easy to write new ideas or profound meanings.

　　Candidate evaluation

　　Hubei candidate Yang Jiahui:I think the topic of Chinese this time is relatively peaceful. We have practiced the composition style of the speech before, but we haven’t written the topic of "loving labor", and the difficulty of composition is still moderate.

　　Hubei examinee Xiong classmate:This essay topic feels good, not difficult, but I really haven’t prepared it before.

　　Shenzhen candidates are classmates:The topic of the composition feels deja vu. We have done a composition with the theme of "labor" in the grade unified examination before, but we are still prepared and the difficulty is not very high.

　　Xiamen candidate Cai:This topic is almost the same as that of the previous city inspection, and it is very difficult to talk about the spirit of labor. What impressed me the most is that "a glass of wine makes a home in Wan Li, but Yan Ran has not lost his mind", which I just saw before the exam.

　　[National Volume II]

　　Read the following materials and write as required.

　　In 1919, when the nation was in danger, young students in China set off a great patriotic revolutionary movement that was completely anti-imperialist and anti-feudal. In 1949, Chinese stood up! Young people in New China devote themselves to the new journey of motherland construction. In 1979, the "spring of science" was full of vitality, and students were eager to serve the country and merged into the torrent of reform and opening up. In 2019, the young China triumphed, and the young people in the new era bravely took the baton and swore that "a strong country has me". In 2049, the Chinese nation achieved great rejuvenation, and China youth continued to struggle … …

　　Please choose one of the following tasks to finish your writing as a young student party.

　　(1) on May 4, 1919, the speech at the student rally.

　　(2) on October 1, 1949, after attending the founding ceremony celebration parade, I wrote a letter to my family.

　　On September 15th, 1979, I wrote a letter to my classmates after attending the opening ceremony of freshmen.

　　4 On April 30, 2019, I watched the "100th Anniversary of the May 4th Movement".

　　⑤ On September 30th, 2049, I wrote a National Day condolence letter to a "century-old China meritorious figure".

　　Requirements: combine the materials, choose the angle, and determine the idea; Fit the identity and background; Conform to stylistic features; Do not copy or copy; Do not disclose personal information; Not less than 800 words.

　　Expert comments

　　Xiao Gang (Chinese teacher of Guangzhou No.6 Middle School):Compared with Volume II in 2018, this year’s national composition in Volume II is a normal regression, which belongs to a typical "task-driven" material composition. The material selects five landmark time nodes and events to show the close connection between youth and the motherland in different times. The proposer’s "value orientation" is to guide candidates to think about "I am a contemporary (1919/1949/1979/2019/). The key is to pay special attention to ①— ⑤ The scene definition and specific task instructions in ⑤involve at least applied styles such as speeches, letters and post-review, and the awareness of identity and role and communication situation must be strong.

　　Zhang Hongbo (Associate Professor, Chinese Department, Sichuan International Studies University):National Volume II Some people may think that history is too strong. This year belongs to a special year, and many historic events happened in the year related to 9. I believe that many teachers and students should have noticed this when simulating test questions. Candidates can choose a year that they are familiar with or interested in according to their own characteristics, and write a good article in combination with the major events of the times.

　　Li Haiyun (Associate Professor, Academy of Educational Sciences, Shanxi Normal University):Choosing several important time nodes for more than one hundred years in the national II volume requires candidates to have a macro vision and be able to experience themselves in the imagination of a certain time node, which requires both rational thinking and passion. It is not difficult to solve the problem, but it is not easy to write well.

　　Dai Wei (Head of Chinese Teaching and Research in Ape Counseling Senior High School):This year’s college entrance examination composition is still based on society and reality, examining students’ concern for society and the country, and paying attention to the combination of individual and national times. The national II volume selects the more important time nodes in history. This requires students to put themselves under a grand historical background and write in combination with their own situation. From this we can also see a trend — — Historical events are not only cold written records in textbooks, but also require students to understand that era and background, and to feel and think. Really combine the major historical events of the country with individual students.

　　[National Volume III]

　　Read the following cartoon materials and write an article of not less than 800 words as required.

　　(According to the adaptation of "Kobayashi Comics") Requirements: Combine the content and meaning of the material, choose a good angle, determine the concept, clarify the style, and draw up the title by yourself; Do not copy or copy; Personal information shall not be disclosed.

　　Expert comments

　　Dai Wei (Head of Chinese Teaching and Research in Ape Counseling Senior High School):The proposition that impressed me this year is the national three volumes, which is a comic composition. The text in the cartoon is that the teacher said that in the last class before graduation, you should read books again and I will look at you again. This material is extremely warm among many materials that pay attention to society and the country. However, what we can see from the back of the cartoon is actually not only a teacher’s reluctance to students, but also a simple teacher-student relationship. It guides candidates to pay attention to the truest feelings around them, and those feelings that often appear around us are the most easily overlooked by us.

　　Xiao Gang (Chinese teacher of Guangzhou No.6 Middle School):In 2016, the first volume of the whole country was a comic book essay, and this year’s three-volume essay is also a comic book essay, so candidates will not feel strange. The content of cartoons is concise and clear. When examining the questions, we should pay attention to the specific "writing background" of "the last lesson before graduation". Everyday teachers are busy teaching, students are busy listening to lectures, and rarely calm down and feel — — Teachers feel the loveliness of students, and students feel the experience of meditation and self-study. On the occasion of parting, meditation is not only touching, but also inspiring, inspiring us to cherish the opportunity to get along and cherish the time we have — — Trees are there, mountains are there, the earth is there, years are there, I am there, and you are there. This is the most beautiful world.

　　[Beijing Volume]

　　Choose one of the following two questions and answer as required. No less than 700 words. Copy the questions on the answer sheet.

　　(1) "toughness" refers to the soft and solid nature of the object, which is not easy to break. Chinese civilization, which has gone through wind and rain, continues to this day, embodying the spirit of "tenacity". Looking back at the long history of China, the resilience of this civilization is particularly evident at critical moments. The great rejuvenation of the Chinese nation needs to stimulate the resilience of this civilization.

　　Please write an argumentative essay on the topic of "the resilience of civilization". You can talk about your thoughts from the perspectives of China’s historical changes, ideology and culture, language and writing, literature and art, social life and Chinese’s character.

　　Requirements: clear views, sufficient arguments and reasonable arguments.

　　2 color refers to color; Different colors are often given different meanings. In 2019, we solemnly commemorate the 100th anniversary of the May 4th Movement and celebrate the 70th birthday of the Republic. As a student taking the college entrance examination in this special year, what color will you give to 2019 to vividly express your feelings and understanding?

　　Please write a narrative with the theme of "Color in 2019".

　　Requirements: healthy thinking, substantial content, sincere feelings, using narrative, description and lyric and other expressions.

　　Expert comments

　　Zhang Xinke (Professor of Chinese Curriculum and Teaching Theory, School of Teacher Education, East China Normal University):Beijing Volume provides two topics and two writing styles for students to choose from, taking full account of different students’ accumulated materials and different stylistic writing abilities.

　　Among them, "the resilience of civilization" is of the times, which requires candidates to pay attention to the national tradition and national destiny. The conception and propositional way of "Color of 2019" is similar to that of the national volume I in 2018, which adopts a situational setting and task-driven way.

　　Zhang Hongbo (Associate Professor, Chinese Department, Sichuan International Studies University):Material 1 is suitable for writing argumentative essays, which tests the cultural literacy of candidates, their usual accumulation and the depth of thinking. Material 2 is relatively easy to play, and it is easier to combine narrative and lyric. It is relatively easy to get high marks.

　　[Shanghai Volume]

　　After listening to the music of different countries and being exposed to different styles of exotic tones, I have a deeper feeling of the "Chinese flavor" of music, so as to look for the "Chinese flavor" more consciously.

　　This passage can inspire people how to know things. Please write an article about your thoughts and feelings about the above materials. Requirements: (1) self-made topics; (2) Not less than 800 words.

　　Expert comments

　　Zhang Xinke (Professor of Chinese Curriculum and Teaching Theory, School of Teacher Education, East China Normal University):The materials of Shanghai Volume are selected from Xin Fengnian’s Intriguing Chinese Taste and Reading, No.2, 1990. It continues the dialectical nature of previous years’ topics, involving the angle and method of understanding things. Pay attention to yourself from the perspective of others, or know yourself by observing others, so that we can see their differences, especially their own characteristics, in comparison. The "other" here can be others or other countries, and so on.

　　Ye Kai (a famous writer and Chinese educator):Our college entrance examination essay proposition always gives me the feeling that we are doing Dojo in a snail’s shell. The space is very small, similar to Suzhou gardens, which can only be tortuous and tortuous, and it is really very difficult. Writing should have been bright, lively and enjoyable, and teenagers’ writing should have been full of imagination and creativity. Only in this way can we enhance the creativity and competitiveness of our culture in the 21st century information civilization era with imagination and creativity as the core. For an ordinary teenager, they spent most of their three years in high school brushing questions, tutoring and staying up late, not to mention listening to music, and even playing games without any time or space. I don’t have a certain time to listen to music, and I don’t have a certain opportunity to go to the theater to watch and listen to live performances. Where did I get the music feeling? If it is necessary to rise to "Chinese flavor", then these children who love to listen to European and American pop styles, Japanese pop music and famous game theme music can only talk hard about "correct thinking" and "baiwan", and maybe they can make up a few words. Why must we look for "Chinese flavor"? Why can’t it be a global vision and mind? Not only our students, but also proposers should have a broader vision and mind, otherwise, Mr. Ren Zhengfei’s question of "basic education" is still a game and a dream.

　　Candidate evaluation

　　Shanghai candidate Chen Tong:We have practiced this topic before, so I don’t think it is very difficult, but it will be more difficult to start because I don’t know much about music, so I think it is ok in the end.

　　[Jiangsu Volume]

　　According to the following materials, choose the angle, make your own topic, and write an article of not less than 800 words; Besides poetry, the style is optional.

　　Everything has its own characteristics, water is light and salt tastes good. Water with water or water, salt with salt or salt. Sweet, sour, bitter, spicy and salty, five flavors are harmonious, coexist and coexist, and there are many flavors. Things are like this, things are still the same, and so are people.

　　Expert comments

　　Zhang Xinke (Professor of Chinese Curriculum and Teaching Theory, School of Teacher Education, East China Normal University):It is not easy to examine the questions in Jiangsu papers. In the first half, "everything has its own characteristics", which means that it can maintain its own characteristics; In the second half, "coexistence and coexistence" can also be mixed in the group. It seems that you can choose either way of life or both. However, its expression implies a tendency to belittle the former and affirm the latter, because there is "water with water or water, salt with salt or salt", which means it is monotonous.

　　Zhang Hongbo (Associate Professor, Chinese Department, Sichuan International Studies University):Jiangsu volume is very cultural and philosophical. For candidates, there will be no unclear or wrong questions. This topic mainly emphasizes the mutual solubility between individual characteristics and groups. Individuals should never refuse the infiltration of strange elements, nor should they reject different opinions and practices, but how to complement each other and live in harmony, so that the colors of the world will be rich and colorful and life will be rich and wonderful. Of course, in the end, it should rise to the national level to form sublimation. Civilization itself is pluralistic and complementary, and all civilizations should coexist harmoniously.

　　Candidate evaluation

　　Jiangsu examinee Lin:This topic feels a little difficult, and it’s easy to digress. I wrote about groups and personalities. I hope I didn’t digress. Personally, I feel that the overall difficulty is ok. It took some time to review the composition, and I was in a hurry at last.

　　[Tianjin Volume]

　　Read the following materials and write as required.

　　Yes, the present China is broken, the country is harmful and the people are poor, but who can assert that China does not have a bright future? No, never. We believe that China must have a bright future to praise.

　　— — fang zhimin

　　The country belongs to everyone. Patriotism is a personal duty.

　　— — Tao Xingzhi

　　If you can make a small wave and roar into the torrent of devotees to promote the development of human history, I think this is the most proud thing in your life.

　　— — danian huang

　　What kind of thinking and feeling did the above materials trigger you? Please write an article on this basis.

　　Requirements: ① Choose your own angle and make your own title; ② The style is not limited (except poetry), with obvious stylistic features;

　　(3) not less than 800 words; (4) shall not be copied, not interplanting.

　　Expert comments

　　Zhang Xinke (Professor of Chinese Curriculum and Teaching Theory, School of Teacher Education, East China Normal University):The idea is to speculate on the relationship between individuals and collectives, which is more restrictive; It requires "unlimited style (except poetry) and obvious stylistic features", which not only emphasizes unlimited style, but also gives students great choices; It also prevents the appearance of "mule-like" articles that are neither donkey nor horse, and emphasizes clear stylistic awareness.

　　Zhang Hongbo (Associate Professor, Chinese Department, Sichuan International Studies University):The original intention of Tianjin’s questioner is to carry forward the spirit of patriotism and cast personal struggle into the tide of dedication to the country. This can be written as an argumentative paper, starting with the relationship between the individual and the country and the relationship between the individual and the whole; You can also write a narrative and fill the article with examples you have mastered.

　　[Zhejiang Volume]

　　Read the following text and write as required.

　　There is a view that writers should keep readers in mind when writing and listen to their voices.

　　Another view is that writers should stick to their own ideas and not be influenced by readers when writing.

　　If you are a "writer" who creates life and your life becomes a "work", how will you treat your "readers"?

　　Write an article according to the material and talk about your opinion.

　　[Note] ① Self-determination, self-selection of angles and self-drafting of topics. (2) clear style, shall not be written as poetry. ③ No less than 800 words. (4) shall not be copied, interplanting.

　　Expert comments:

　　Zhang Xinke (Professor of Chinese Curriculum and Teaching Theory, School of Teacher Education, East China Normal University):Zhejiang Volume is similar to the composition "Evaluating the Life of Others" in the 2016 Shanghai College Entrance Examination, except that it replaces itself with others as "author" and "reader". The purpose is to guide students to think about the relationship between individuals and others, that is, how to treat others’ views on themselves, and then influence their own choices. In addition, the way of setting the situation is adopted, which is not only convenient for candidates to conceive, but also allows them to know others. (The Paper reporter Li Siwen Liao Wei He Liquan Intern Hu Tianyi Chen Yuxi Sun Xiang Xia Yuyang)

　　"Why, your tears are shining, it’s because you are deeply in love, the cloud understands you, and the promise you made makes that a touch of red, and the land is scattered." On the evening of October 27th, 9 Video, which was broadcast by CCTV Record Channel at 19:02 in the evening prime time, showed the music story "Commitment" of Changchun, Jilin Province, which was selected by the large-scale all-media activity "Singing the Motherland, One Song, One City". It took the character records of famous Chinese scientists as the window, reflected the great changes of the times and showed the development and growth of China’s scientific and technological innovation.

　　Expressing the city story with music and singing the theme of serving the country with science and technology

　　A song can sing about a city’s past and future, and it can also sing about the feelings that we are used to but can’t capture.

　　The creative team of music story works said: The reason for choosing the song "Commitment" to represent Changchun is simple — — Changchun, the cradle of new China automobile production and new China film industry, is a well-known science and technology city. We try to pursue a question through the lens. Why do countless scientific and technological workers regard Changchun as their second hometown? What is the power that makes generations of scientific and technological workers dedicate their lives here? Until we entered the story of Professor Huang Danian and heard the song "Commitment", everyone seemed to have an answer in their hearts, because this land made a promise to the motherland.

　　The music story "Commitment" is based on the struggle stories of Huang Danian, Jiang Zhuying, Wang Daheng and other scientists in Changchun. It combines the song "Commitment" with narrative content, and tells the story of generations of scientists who have made one commitment after another in Baishan Blackwater for the construction of the motherland for half a century.

　　"A leaf falls, and the season is brilliant. In the melancholy frost, it lights up loneliness, and the wind picks it up. Years and fragrance float in the paper, and your outline is clear." Young students visited along the song, looking for the story behind the song. The music story works also go deep into Changchun life from the first perspective of Xie Nuoya, a freshman of grade 2019 in the College of Earth Exploration Science and Technology of Jilin University, and through the narration of song creators such as Yu Shan, songwriter Wang Bei and singer Ao Riqi Leng, lead the audience to approach the witnesses, witnesses and participants in the 70-year history of scientific and technological development in New China, and explore the stories behind the music.

　　The story evokes specific memories, and the spirit of patriotic struggle reaches the soul.

　　The unique flavor of Changchun is engraved in the bones. It is a university city, an automobile city, a sculpture city and a famous city of science, education and culture. Changchun’s urban story, urban spirit and urban dream have all become the focus of this music story. "Changchun is a science and technology city. There is no hustle and bustle in the north, Guangzhou and Shenzhen, and there are no superior conditions overseas. But it is precisely here that let our generations of science and technology workers forget their hard work, and the feelings of serving the country through science and technology continue." Yu Shan, the lyricist of Commitment, said in the film.

　　Time flies and the times are changing. The only constant is that there are always people with lofty ideals who are willing to do their best for the country, and there are always those who are willing to carry forward the burden for the nation. From Wang Daheng, Jiang Zhuying to Huang Danian, different times, the same dedication. In Changchun, a famous city of science, education and culture, generations of scientists have made solemn promises for the construction of the motherland.

　　It is no accident that generations of scientific and technological workers have taken root in Changchun and Jilin. Their indifferent temperament of fame and fortune is closely related to the spirit of the city of "tolerance and self-improvement", and the spirit of serving the country through science and technology has been passed down from generation to generation, making Changchun’s scientific research in optics, precision instruments, polymer materials, biological products, superconductivity and automobiles at the leading level in China, and making China’s development vision in related fields look farther, more accurate and clearer.

　　"Singing the Motherland, One Song, One City" is a large-scale all-media activity jointly sponsored by the State Administration of Radio and Television and the Central Radio and Television General Station, and jointly undertaken by CCTV, Love Media and IPTV sub-platforms around the country. As the sender of the music story "Commitment", China IPTV Jilin Sub-platform — — Zhang Wang, Chairman and General Manager of Jilin Radio and Television New Media Co., Ltd. said: "Singing the Motherland • "One Song, One City" activity is an innovative practice of IPTV general and sub-platforms to create original content brands, which will effectively enhance the influence and communication power of IPTV platform. "One Song, One City" shows not only a city’s folk customs, humanistic feelings and creative stories behind songs, but also the voice of an era, which is a brilliant achievement since the founding of New China 70 years ago.

　　At 19:02 tonight, the 9 Video column of CCTV Record Channel will show the music story "I’ve come to Xiong ‘an", sing the hard-working song of builders in the new era and new area, and express people’s infinite yearning for the "city of the future", which is worth looking forward to!

　　Xinhua News Agency, Beijing, July 9th

Regulations on the supervision and administration of private investment funds

　　Chapter I General Provisions

　　Article 1 In order to standardize the business activities of private equity funds (hereinafter referred to as private equity funds), protect the legitimate rights and interests of investors and related parties, and promote the standardized and healthy development of the private equity fund industry, these Regulations are formulated in accordance with the Securities Investment Fund Law of People’s Republic of China (PRC) (hereinafter referred to as the Securities Investment Fund Law), the Trust Law of People’s Republic of China (PRC), the Company Law of People’s Republic of China (PRC), the Partnership Enterprise Law of People’s Republic of China (PRC) and other laws.

　　Article 2 In People’s Republic of China (PRC), if funds are raised in a private way, investment funds are set up, or companies and partnerships are established according to law for the purpose of investment activities, which shall be managed by private fund managers or general partners, and investment activities shall be conducted for the benefit of investors.

　　Article 3 The State encourages the private equity fund industry to develop in a standardized and healthy way, and give play to its functions such as serving the real economy and promoting scientific and technological innovation.

　　Engaged in private equity fund business activities, should follow the principles of voluntariness, fairness and good faith, protect the legitimate rights and interests of investors, and shall not violate laws, administrative regulations and national policies, public order and good customs, and shall not harm national interests, social public interests and the legitimate rights and interests of others.

　　Private fund managers manage and use private fund properties, private fund custodians trust private fund properties, and private fund service institutions engage in private fund services, which shall abide by laws and administrative regulations, fulfill their duties, and fulfill their obligations of honesty, trustworthiness, prudence and diligence.

　　Private equity fund practitioners shall abide by laws and administrative regulations, abide by professional ethics and codes of conduct, and receive compliance and professional ability training in accordance with regulations.

　　Article 4 Private equity fund property is independent of the inherent property of private equity fund managers and private equity fund custodians. The debt of the private equity fund property shall be borne by the private equity fund property itself, except as otherwise provided by law.

　　Investors shall distribute income and bear risks according to the fund contract, articles of association and partnership agreement (hereinafter referred to as fund contract).

　　Article 5 The supervision and management of the business activities of private equity funds shall implement the line, principles, policies and decision-making arrangements of the Party and the State. The State Council Securities Regulatory Authority shall supervise and manage the business activities of private equity funds in accordance with the laws and the regulations, and its dispatched offices shall perform their duties in accordance with the authorization.

　　If the state has other provisions on the supervision and management of private equity funds initiated or invested with a certain proportion of government funds, such provisions shall prevail.

　　Article 6 the State Council Securities Regulatory Authority shall conduct differentiated supervision and management on private fund managers according to their business types, assets under management, continuous compliance, risk control and ability to serve investors, and conduct classified supervision and management on different types of private funds such as venture capital and securities investment.

　　Chapter II Private Equity Fund Managers and Private Equity Fund Custodians

　　Article 7 The manager of a private equity fund shall be a legally established company or partnership enterprise.

　　Where the assets of a private equity fund established in the form of a partnership are managed by the general partner, the provisions of this Ordinance on the private equity fund manager shall apply to the general partner.

　　Shareholders and partners of private fund managers, as well as controlling shareholders and actual controllers of shareholders and partners, or holding or actually controlling other private fund managers, shall comply with the provisions of the State Council Securities Regulatory Authority.

　　Article 8 Under any of the following circumstances, a person shall not be a private equity fund manager, nor shall he become the controlling shareholder, actual controller or general partner of a private equity fund manager:

　　(1) The circumstances specified in Article 9 of these Regulations;

　　(2) A private fund manager whose registration has been cancelled due to the circumstances listed in Item 3, Paragraph 1, Article 14 of these Regulations, and who has not been registered for more than 3 years since the date of cancellation, or who is the controlling shareholder, actual controller or general partner of the private fund manager;

　　(3) There is a conflict of interest between the business it is engaged in and the management of private equity funds;

　　(4) There are serious bad credit records that have not been repaired.

　　Article 9 Under any of the following circumstances, a person shall not be a director, supervisor, senior manager, executive partner or appointed representative of a private equity fund manager:

　　(1) Being sentenced to punishment for committing crimes of corruption, bribery, dereliction of duty, property infringement or disrupting the order of the socialist market economy;

　　(two) in the last three years, the financial management department has imposed administrative penalties for major violations of laws and regulations;

　　(3) The directors, supervisors, factory directors, senior management personnel, executive partners or appointed representatives who are personally responsible for the bankruptcy liquidation of the company or enterprise they work for or the revocation of their business licenses due to poor management have not been more than five years since the date of the bankruptcy liquidation of the company or enterprise or the revocation of its business licenses;

　　(four) the amount of debt is large, and it is not paid off at maturity or is included in the list of people who have lost their trust;

　　(5) Employees of fund managers, fund custodians, securities and futures trading places, securities companies, securities registration and settlement institutions, futures companies and other institutions and staff of state organs who have been dismissed due to illegal acts;

　　(6) Lawyers, certified public accountants, employees of asset appraisal institutions, verification institutions and investment consulting practitioners whose practice certificates have been revoked or their qualifications have been cancelled due to illegal acts, and it has not been more than five years since the day when their practice certificates have been revoked or their qualifications have been cancelled;

　　(7) Being the legal representative, executive partner or appointed representative of a private equity fund manager whose registration has been cancelled due to the circumstances listed in Item 3 of Paragraph 1 of Article 14 of these Regulations, or being a responsible senior manager, it has not been more than 3 years since the date when the private equity fund manager was cancelled.

　　Article 10 A private fund manager shall submit the following materials to the institution entrusted by the securities regulatory authority of the State Council (hereinafter referred to as the registration and filing institution) according to law, and go through the registration formalities:

　　(a) unified social credit code;

　　(2) Articles of association or partnership agreement;

　　(3) Basic information of shareholders, actual controllers, directors, supervisors, senior management personnel, general partners, executive partners or appointed representatives, and information of relevant beneficial owners of shareholders, actual controllers and partners;

　　(four) a letter of credit commitment to ensure that the submitted materials are true, accurate and complete and abide by the provisions of supervision and administration;

　　(5) Other materials as prescribed by the the State Council Securities Regulatory Authority.

　　Where the controlling shareholder, actual controller, general partner, executive partner or appointed representative of the private equity fund manager changes, it shall go through the formalities of change registration with the registration and filing institution in accordance with the provisions.

　　The registration and filing institution shall publicize the relevant information of the registered private fund manager.

　　Without registration, no unit or individual may use the words "fund" or "fund management" or similar names for investment activities, except as otherwise provided by laws, administrative regulations and the state.

　　Article 11 A private fund manager shall perform the following duties:

　　(a) to raise funds according to law and handle the filing of private equity funds;

　　(2) Managing, keeping accounts and investing in the properties of different private equity funds under management;

　　(3) Managing and investing private equity funds in accordance with the fund contract, and establishing an effective risk control system;

　　(4) Determine the income distribution plan of private equity funds according to the fund contract, and distribute the income to investors;

　　(5) Providing investors with information related to private equity fund management business activities as agreed in the fund contract;

　　(6) Keeping records, account books, statements and other relevant materials of private equity fund property management business activities;

　　(seven) other duties stipulated by the the State Council securities regulatory authority and agreed in the fund contract.

　　Where funds are raised in a non-public way to set up an investment fund, the private fund manager shall also exercise litigation rights or conduct other legal acts in his own name for the property interests of the private fund.

　　Article 12 Shareholders, actual controllers and partners of a private equity fund manager shall not commit any of the following acts:

　　(a) false capital contribution, withdrawal of capital contribution, entrusted or accepted by others;

　　(2) interfering with the business activities of private fund managers without legal procedures such as resolutions of the shareholders’ meeting or the board of directors;

　　(3) Requiring managers of private equity funds to use the property of private equity funds to seek benefits for themselves or others and harm the interests of investors;

　　(four) other acts prohibited by laws, administrative regulations and the provisions of the the State Council securities regulatory authority.

　　Article 13 A private fund manager shall continuously meet the following requirements:

　　(1) It is in good financial condition and has working capital suitable for the business type and the scale of assets under management;

　　(2) The legal representative, executive partner or appointed representative and senior manager in charge of investment management hold a certain proportion of the equity or property share of the private fund manager in accordance with the provisions of the the State Council Securities Regulatory Authority, except as otherwise provided by the state;

　　(3) Other requirements as stipulated by the the State Council Securities Regulatory Authority.

　　Article 14 Where a private fund manager is under any of the following circumstances, the registration and filing institution shall cancel the registration of the private fund manager in time and publicize it:

　　(a) to apply for cancellation of registration;

　　(2) It is dissolved, revoked or declared bankrupt according to law;

　　(three) due to illegal fund-raising, illegal business and other major illegal acts were investigated for legal responsibility;

　　(four) the first private equity fund has not been filed within 12 months from the date of registration;

　　(5) After all the managed private equity funds are liquidated, no new private equity funds have been filed within 12 months from the date of liquidation;

　　(6) Other circumstances as stipulated by the the State Council Securities Regulatory Authority.

　　Before the registration institution cancels the registration of the private equity fund manager, it shall notify the private equity fund manager to liquidate the private equity fund property or transfer the private equity fund management responsibility to other registered private equity fund managers according to law.

　　Article 15 Unless otherwise agreed in the fund contract, the private equity fund property shall be entrusted by the private equity fund custodian. If the private equity fund property is not managed, the institutional measures and dispute settlement mechanism for ensuring the safety of private equity fund property shall be clarified.

　　Article 16 Where the private equity fund property is entrusted, the private equity fund custodian shall perform his duties according to law.

　　The custodian of a private equity fund shall establish an isolation mechanism between the custody business and other businesses according to law to ensure the independence and safety of the private equity fund property.

　　Chapter III Fund Raising and Investment Operation

　　Seventeenth private fund managers should raise funds by themselves, and may not entrust others to raise funds, except as otherwise provided by the the State Council Securities Regulatory Authority.

　　Article 18 Private equity funds shall be raised or transferred to qualified investors, and the cumulative number of investors in a single private equity fund shall not exceed the number prescribed by law. Private fund managers are not allowed to set up more than one private fund for a single financing project to break through the number limit prescribed by law; It is not allowed to reduce the standard of qualified investors by splitting and transferring the shares or income rights of private equity funds.

　　Qualified investors mentioned in the preceding paragraph refer to units and individuals that have reached the specified asset scale or income level, and have the corresponding risk identification ability and risk-taking ability, and their subscription amount is not less than the specified limit.

　　The specific standards for qualified investors shall be formulated by the the State Council Securities Regulatory Authority.

　　Nineteenth private fund managers should fully reveal the investment risks to investors, and match private fund products with different risk levels according to investors’ risk identification ability and risk-taking ability.

　　Twentieth private equity funds shall not be raised or transferred to units or individuals other than qualified investors; Not to raise or transfer to investors who hold it for others; Not through newspapers, radio stations, television stations, the Internet and other mass media, telephone, SMS, instant messaging tools, e-mail, leaflets, or lectures, reports, analysis meetings and other means to promote to unspecified objects; Not to promote it in a false, one-sided or exaggerated way; Not in the name of private equity fund custodian publicity and promotion; Investors shall not be promised that the investment principal will not be lost or the minimum income will be promised.

　　Article 21 Where a private equity fund manager uses private equity fund property for investment, he shall indicate the name of the private equity fund when opening an account in the name of the private equity fund manager, being included in the register of shareholders of the invested enterprise or holding other private equity fund property.

　　Twenty-second private fund managers shall, within 20 working days from the date of completion of private fund raising, submit the following materials to the registration and filing institution for filing:

　　(1) Fund contract;

　　(2) Custody agreement or institutional measures to ensure the property safety of private equity funds;

　　(3) Property certification documents of the private equity fund;

　　(4) Basic information of investors, subscription amount, number of fund shares held and relevant information of their beneficial owners;

　　(5) Other materials as prescribed by the the State Council Securities Regulatory Authority.

　　Private equity funds should have the scale of paid-in raised funds to ensure basic investment ability and anti-risk ability. The registration and filing institutions shall make classified publicity according to the scale of funds raised by private equity funds, and report to the the State Council Securities Regulatory Authority if the total amount of funds raised or the number of investors reaches the prescribed standards.

　　Article 23 The securities regulatory authority in the State Council shall establish and improve the monitoring mechanism for private equity funds, and conduct centralized monitoring on private equity funds and their investors’ share holdings. The specific measures shall be formulated by the securities regulatory authority in the State Council.

　　Article 24 The investment of private equity fund property includes buying and selling shares of joint stock limited companies, shares of limited liability companies, bonds, fund shares, other securities and their derivatives, and other investment targets that meet the requirements of the State Council securities regulatory authority.

　　Private equity fund property shall not be used to operate or operate capital lending, loans and other businesses in disguised form. Private fund managers shall not increase the implicit debt of the government in disguised form by asking the local people’s government to promise to buy back the principal.

　　Article 25 The investment level of private equity funds shall comply with the provisions of the financial management department of the State Council. However, private equity funds that meet the requirements stipulated by the State Council Securities Regulatory Authority and invest their main fund assets in other private equity funds are not included in the investment level.

　　The investment levels of venture capital funds and private equity funds stipulated in the second paragraph of Article 5 of these Regulations shall be stipulated by the relevant departments of the State Council.

　　Twenty-sixth private fund managers should follow the principle of professional management and employ senior managers with corresponding experience to be responsible for investment management, risk control and compliance.

　　Private fund managers should follow the principle of giving priority to investors’ interests and establish management systems such as investment declaration, registration, review and disposal of employees to prevent interest transfer and conflicts of interest.

　　Twenty-seventh private fund managers shall not entrust others to exercise their investment management responsibilities.

　　Where a private equity fund manager entrusts other institutions to provide securities investment advice services for private equity funds, the entrusted institution shall be a fund investment advisory institution as stipulated in the Securities Investment Fund Law.

　　Article 28 Private fund managers shall establish and improve the management system of related party transactions, and shall not conduct improper transactions or transfer benefits with related parties with private fund property, nor conceal them through multi-layer nesting or other means.

　　Where a private fund manager uses private fund property to conduct transactions with himself, investors, other private funds managed, private funds managed by other private fund managers controlled by his actual controller, or other entities with significant interests, he shall perform the decision-making procedures agreed in the fund contract and provide relevant information to investors and private fund custodians in a timely manner.

　　Twenty-ninth private fund managers should hire an accounting firm to audit the property of private funds in accordance with the regulations, provide the audit results to investors, and submit them to the registration and filing institutions.

　　Thirtieth private fund managers, private fund custodians and their employees shall not have the following acts:

　　(1) hotchpot his inherent property or others in the private equity fund property;

　　(2) Taking advantage of the property or position of private equity funds to seek benefits for people other than investors;

　　(3) Embezzlement and misappropriation of private equity fund property;

　　(4) disclosing undisclosed information obtained by taking advantage of his position, and using the information to engage in or express or imply others to engage in relevant securities and futures trading activities;

　　(five) other acts prohibited by laws, administrative regulations and the provisions of the the State Council securities regulatory authority.

　　Thirty-first private fund managers should provide information to investors in the process of fund raising and investment operation in accordance with the provisions of the the State Council securities regulatory authority and the fund contract.

　　Where the private equity fund property is managed, the private equity fund manager shall, in accordance with the provisions of the the State Council Securities Regulatory Authority and the custody agreement, provide the private equity fund custodian with basic information of investors, proof materials of ownership change of investment targets and other information in a timely manner.

　　Article 32 The information provided and submitted by private fund managers, private fund custodians and their employees shall be true, accurate and complete, and shall not commit any of the following acts:

　　(a) false records, misleading statements or major omissions;

　　(2) Forecasting the investment performance;

　　(three) to promise investors that the investment principal will not be lost or the minimum income will be promised;

　　(four) other acts prohibited by laws, administrative regulations and the provisions of the the State Council securities regulatory authority.

　　Thirty-third private fund managers, private fund custodians and private fund service institutions shall, in accordance with the provisions of the the State Council Securities Regulatory Authority, submit information on the investment and operation of private funds to the registration and filing institutions. Registration and filing institutions shall, according to different types of private equity funds, make provisions on the content and frequency of information submitted, and summarize and analyze the situation of private equity fund industry, and submit relevant information of private equity fund industry to the State Council securities regulatory authority.

　　The registration and filing institution shall strengthen the risk early warning, and take timely measures and report to the the State Council Securities Regulatory Authority if it finds that there may be significant risks.

　　The registration and filing institution shall keep the information specified in the first paragraph of this article confidential, and shall not provide it to the outside world unless otherwise provided by laws and administrative regulations.

　　Article 34 If the private equity fund manager fails to perform his duties normally or there are serious risks, resulting in the failure of the private equity fund to operate normally or terminate, other professional institutions agreed in the fund contract or determined by relevant regulations shall exercise the functions and powers of replacing the private equity fund manager, modifying or terminating the fund contract in advance, and organizing the liquidation of the private equity fund.

　　Chapter IV Special Provisions on Venture Capital Funds

　　Article 35 The term "venture capital fund" as mentioned in these Regulations refers to a private equity fund that meets the following conditions:

　　(a) the scope of investment is limited to unlisted enterprises, except for the untransferred part of the shares held by the fund and its allotment part after the investment enterprise is listed;

　　(2) The name of the fund contains the words "venture capital fund" or the words "engaged in venture capital activities" in the business scope of the company or partnership enterprise;

　　(3) The fund contract embodies the venture capital strategy;

　　(four) do not use leveraged financing, except as otherwise provided by the state;

　　(5) The minimum duration of the fund meets the relevant provisions of the state;

　　(6) Other conditions stipulated by the state.

　　Article 36 The state gives policy support to venture capital funds, encourages and guides them to invest in growth and innovative venture enterprises, and encourages long-term funds to invest in venture capital funds.

　　The development and reform department of the State Council is responsible for organizing the formulation of policies and measures to promote the development of venture capital funds. The State Council Securities Regulatory Authority and the State Council Development and Reform Department shall establish and improve the sharing mechanism of information and support policies, and strengthen the coordination of supervision and management policies and development policies of venture capital funds. The registration and filing institution shall timely submit the information related to venture capital funds to the securities regulatory agency of the State Council and the development and reform department of the State Council.

　　Venture capital funds that enjoy the support of national policies shall be invested in accordance with the relevant provisions of the state.

　　Article 37 The securities regulatory authority in the State Council shall conduct differentiated supervision and management of venture capital funds, which is different from other private equity funds:

　　(1) Optimize the business environment of venture capital funds and simplify the registration and filing procedures;

　　(2) Differentiate supervision and management in fund raising, investment operation, risk monitoring, on-site inspection and other aspects of venture capital funds that are legally raised, invested in compliance and operated in good faith, so as to reduce the frequency of inspection;

　　(three) to provide convenience for venture capital funds mainly engaged in long-term investment, value investment and the transformation of major scientific and technological achievements in terms of investment withdrawal.

　　Thirty-eighth registration agencies in the registration, change and other aspects of venture capital funds to implement differentiated self-discipline management different from other private equity funds.

　　Chapter V Supervision and Administration

　　Article 39 The securities regulatory authority in the State Council shall supervise and manage the business activities of private equity funds and perform the following duties according to law:

　　(1) Formulating rules and regulations on the supervision and management of private equity fund business activities;

　　(2) To supervise and manage private fund managers, private fund custodians and other institutions engaged in private fund business activities, and investigate and deal with illegal acts;

　　(three) to guide, inspect and supervise the registration and self-discipline management activities;

　　(4) Other duties as prescribed by laws and administrative regulations.

　　Fortieth the State Council Securities Regulatory Authority shall have the right to take the following measures when performing its duties according to law:

　　(1) Conducting on-site inspections on private fund managers, private fund custodians and private fund service institutions, and requiring them to submit relevant business materials;

　　(two) to enter the place where the suspected illegal act occurred to investigate and collect evidence;

　　(3) Asking the parties concerned, the units and individuals related to the investigated events and asking them to explain the matters related to the investigated events;

　　(four) to consult and copy the information such as property registration and communication records related to the investigated events;

　　(five) to consult and copy the securities trading records, registration and transfer records, financial and accounting materials and other relevant documents and materials of the parties and the units and individuals related to the investigated events; Documents and materials that may be transferred, concealed or damaged may be sealed up;

　　(six) according to the law to inquire about the parties and the account information related to the event under investigation;

　　(seven) other measures stipulated by laws and administrative regulations.

　　In order to guard against the risks of private equity funds and maintain market order, the State Council securities regulatory authorities can take measures such as ordering corrections, supervising conversations and issuing warning letters.

　　Article 41 When the the State Council securities regulatory body conducts supervision, inspection or investigation according to law, there shall be no less than two supervisors or investigators, and they shall show their law enforcement certificates, supervision, inspection, investigation notices or other law enforcement documents. Business secrets and personal privacy known in supervision, inspection or investigation shall be kept confidential according to law.

　　Units and individuals under inspection and investigation shall cooperate with the supervision, inspection or investigation conducted by the securities regulatory authority in the State Council according to law, and truthfully provide relevant documents and materials, and shall not refuse, obstruct or conceal them.

　　Forty-second the State Council Securities Regulatory Authority found that private fund managers violated laws and regulations, or their internal governance structure and risk control management did not meet the requirements, it should be ordered to make corrections within a time limit; If no correction is made within the time limit, or the behavior seriously endangers the steady operation of the private fund manager and damages the legitimate rights and interests of investors, the the State Council securities regulatory authority may take the following measures according to the circumstances:

　　(a) ordered to suspend part or all of the business;

　　(2) Ordering the replacement of directors, supervisors, senior managers, executive partners or appointing representatives, or restricting their rights;

　　(3) Ordering the responsible shareholders to transfer their shares and the responsible partners to transfer their shares of property, and restricting the responsible shareholders or partners from exercising their rights;

　　(4) Ordering the private equity fund manager to hire or designate a third party institution to audit the private equity fund property, and the relevant expenses shall be borne by the private equity fund manager.

　　Where a private fund manager operates illegally or has serious risks, which seriously jeopardizes the market order and damages the interests of investors, the the State Council Securities Regulatory Authority may, in addition to taking the measures specified in the preceding paragraph, take measures such as designating other institutions to take over the private fund manager and notifying the registration and filing institution to cancel the registration.

　　Article 43 The securities regulatory authority in the State Council shall record the credit information of private fund managers, private fund custodians, private fund service institutions and their employees in the credit database of the capital market and the national credit information sharing platform. The State Council Securities Regulatory Authority shall, jointly with relevant departments of the State Council, establish and improve the joint disciplinary system for private fund managers and relevant responsible subjects for dishonesty according to law.

　　The State Council Securities Regulatory Authority shall establish a cooperative mechanism for information sharing, statistical data submission and risk disposal of private equity fund supervision and management in conjunction with other financial management departments and other relevant departments of the State Council and the people’s governments of provinces, autonomous regions and municipalities directly under the Central Government. In the process of dealing with risks, the relevant local people’s governments should take effective measures to maintain social stability.

　　Chapter VI Legal Liability

　　Article 44. Those who use the words "fund" or "fund management" or similar names to carry out investment activities without going through the registration formalities in accordance with Article 10 of these regulations shall be ordered to make corrections, their illegal income shall be confiscated, and a fine of more than 1 time but less than 5 times of their illegal income shall be imposed; If there is no illegal income or the illegal income is less than 1 million yuan, a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of more than 30,000 yuan and less than 300,000 yuan.

　　Article 45 If the shareholders, actual controllers and partners of a private equity fund manager violate the provisions of Article 12 of these Regulations, they shall be ordered to make corrections, given a warning or informed criticism, their illegal income shall be confiscated, and they shall be fined between 1 and 5 times their illegal income; If there is no illegal income or the illegal income is less than 1 million yuan, a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Forty-sixth private fund managers who violate the provisions of Article thirteenth of these regulations shall be ordered to make corrections; Refuses to correct, give a warning or informed criticism, and impose a fine of more than 100,000 yuan and less than 1 million yuan, and order it to stop the business activities of private equity funds and make an announcement. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 47 If a custodian of a private equity fund fails to establish a business isolation mechanism in violation of the provisions of the second paragraph of Article 16 of these Regulations, it shall be ordered to make corrections, given a warning or informed criticism, and be fined between 50,000 yuan and 500,000 yuan. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Forty-eighth in violation of the provisions of Article 17, Article 18 and Article 20 of these regulations on the management and raising methods of qualified investors in private equity funds, the illegal income shall be confiscated and a fine of not less than 1 time but not more than 5 times the illegal income shall be imposed; If there is no illegal income or the illegal income is less than 1 million yuan, a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of more than 30,000 yuan and less than 300,000 yuan.

　　Article 49 Anyone who, in violation of the provisions of Article 19 of these regulations, fails to fully disclose the investment risks to investors and misleads them to invest in private equity fund products that do not match their risk identification ability and risk-taking ability shall be given a warning or informed criticism, and be fined between 100,000 yuan and 300,000 yuan; If the circumstances are serious, it shall be ordered to stop the private equity fund business activities and make an announcement. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine of more than 30,000 yuan and less than 100,000 yuan.

　　Fiftieth in violation of the provisions of the first paragraph of Article 22 of these regulations, the private equity fund manager fails to put on record the raised private equity fund, and shall be fined from 100,000 yuan to 300,000 yuan. Give a warning to the directly responsible person in charge and other directly responsible personnel and impose a fine of not less than 30,000 yuan but not more than 100,000 yuan.

　　Article 51 Anyone who, in violation of the provisions of the second paragraph of Article 24 of these Regulations, uses the property of private equity funds for business or disguised business such as fund lending and loans, or asks the local people’s government to promise to buy back the principal, shall be ordered to make corrections, given a warning or informed criticism, his illegal income shall be confiscated, and he shall also be fined not less than 100,000 yuan but not more than 1 million yuan. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 52 In violation of the provisions of Article 26 of these Regulations, if a private fund manager fails to employ senior managers with corresponding experience to take charge of investment management, risk control and compliance, or fails to establish a management system for employees’ investment declaration, registration, review and disposal, he shall be ordered to make corrections, be given a warning or informed criticism, and be fined not less than 100,000 yuan but not more than 1 million yuan. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 53 If a private fund manager, in violation of Article 27 of these regulations, entrusts others to perform investment management duties, or entrusts an institution that does not conform to the provisions of the Securities Investment Fund Law to provide securities investment advice services, he shall be ordered to make corrections, given a warning or informed criticism, his illegal income shall be confiscated, and he shall be fined not less than 100,000 yuan but not more than 1 million yuan. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 54 In violation of the provisions of Article 28 of these regulations, private fund managers who engage in related party transactions shall be ordered to make corrections, given a warning or informed criticism, their illegal income shall be confiscated, and a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 55 Private fund managers, private fund custodians and their employees who commit any of the acts listed in Article 30 of these Regulations shall be ordered to make corrections, given a warning or informed criticism, their illegal income shall be confiscated, and they shall be fined between 1 and 5 times of their illegal income; If there is no illegal income or the illegal income is less than 1 million yuan, a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 56 Private fund managers, private fund custodians and their employees who fail to provide and submit relevant information in accordance with the provisions of these Regulations, or commit one of the acts listed in Article 32 of these Regulations, shall be ordered to make corrections, given a warning or informed criticism, their illegal income shall be confiscated, and a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine ranging from 30,000 yuan to 300,000 yuan.

　　Article 57 If a private equity fund service institution and its employees violate the provisions of laws and administrative regulations and fail to perform their duties diligently, they shall be ordered to make corrections, be given a warning or informed criticism, and be fined between 100,000 yuan and 300,000 yuan; If the circumstances are serious, it shall be ordered to stop the private equity fund service business. Give a warning or informed criticism to the directly responsible person in charge and other directly responsible personnel, and impose a fine of more than 30,000 yuan and less than 100,000 yuan.

　　Article 58 If private fund managers, private fund custodians, private fund service institutions and their employees violate these Regulations or the relevant provisions of the State Council Securities Regulatory Authority, and the circumstances are serious, the State Council Securities Regulatory Authority may take measures to prohibit the relevant responsible persons from entering the securities and futures market.

　　Refuse or hinder the the State Council securities regulatory agency and its staff from exercising their powers of supervision, inspection and investigation according to law, and the the State Council securities regulatory agency shall order them to make corrections and impose a fine of more than 100,000 yuan and less than 1 million yuan; If it constitutes a violation of public security administration, it shall be punished by the public security organ according to law; If a crime is constituted, criminal responsibility shall be investigated according to law.

　　Article 59 Any staff member of the the State Council securities regulatory agency or the registration and filing agency who neglects his duty, abuses his power, engages in malpractices for personal gain or takes advantage of his position to ask for or accept other people’s property shall be punished according to law; If a crime is constituted, criminal responsibility shall be investigated according to law.

　　Article 60 If anyone violates the provisions of these Regulations and the fund contract, he shall bear civil liability for compensation, pay a fine and confiscate his illegal income according to law, and his property is not enough to pay at the same time, he shall bear civil liability first.

　　Chapter VII Supplementary Provisions

　　Article 61 Measures for the administration of managers of foreign-invested private equity funds shall be formulated by the the State Council Securities Regulatory Authority in conjunction with relevant departments of the State Council in accordance with foreign investment laws, administrative regulations and these Regulations.

　　Overseas institutions may not directly raise funds from domestic investors to set up private equity funds, except as otherwise provided by the state.

　　Private fund managers shall comply with the relevant provisions of the state when conducting private fund business activities abroad.

　　Article 62 These Regulations shall come into force as of September 1, 2023.

　　In August, the 52nd session of "Youth Learning Exchange" focused on the thought of the supreme leader’s ecological civilization, the important speech made by the general secretary of the supreme leader at the national ecological environmental protection conference, and the spirit of important instructions made on the occasion of the first national ecological day, and organized young members of the central and state organs to study in depth, combining online and offline, and combining "going out" with "please come in" to conduct extensive exchanges and discussions.

　　On August 28th, the Communist Youth League Working Committee of the central and state organs organized young members of departments to go to the Beijing Planning Exhibition Hall to carry out on-site centralized study and exchange. Everyone visited the "Beijing Bay" model and the exhibition "Capital of a Great Country Towards the Great Rejuvenation of the Chinese Nation", watched the film "Capital Planning", learned about the practical course of Beijing’s coordinated promotion of high-quality development and high-level protection in recent years, and immersed themselves in the great changes in the capital’s ecological environment and the outstanding achievements in the construction of ecological civilization in the new era. Zhao Dan, an outstanding young representative of natural resources system and a young man from Beijing Planning and Natural Resources Committee, shared and exchanged ideas on the topic of "Planning Leading the High-quality Development of Houzhi Capital". She introduced in detail the "Integrated Protection and Restoration Project of Landscape, Forest, Field, Lake, Grass and Sand in the Ecological Barrier Area in the West of the Capital" which was selected as the "China Landscape Project" in June this year. Combining with her personal practice, she shared the new decade from three dimensions: building a new pattern of land space development and protection, exploring the best solution of ecological protection and restoration, and promoting the modernization of harmonious coexistence between man and nature. Beijing has always adhered to planning and guidance, adhered to the bottom line of ecological security, and planted green development background, and constantly promoted the top leader’s ecological civilization thought to land in Beijing.

　　Everyone agrees that the Supreme Leader’s ecological civilization thought is an important part of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, and it is the theoretical sublimation and practical crystallization of the Communist Party of China (CPC)’s unremitting exploration of ecological civilization construction. As the first phalanx of youth commandos who practice "two maintenances", they should deeply understand the remarkable achievements made in the construction of ecological civilization since the 18th National Congress of the Communist Party of China, earnestly improve their political stance and enhance their political consciousness, take the lead in in in-depth study and comprehensively grasp the supreme leader’s ecological civilization thoughts, take the opportunity of the home activities of National Ecological Day to further improve their awareness of ecological civilization, enhance their ideological consciousness and action consciousness of ecological environmental protection, and be firm believers, active communicators and loyal practitioners of the supreme leader’s ecological civilization thoughts.

　　Everyone agreed that the construction of ecological civilization is a fundamental plan related to the sustainable development of the Chinese nation, a major political issue related to the party’s mission and purpose, and a major social issue related to the well-being of people’s livelihood. We should conscientiously study and implement the spirit of the important instructions made by the Supreme Leader General Secretary on the occasion of the first National Ecological Day, mobilize and act, be an active disseminator and model practitioner of Lucid waters and lush mountains are invaluable assets’s ideas, take the lead and set an example in comprehensively promoting the construction of beautiful China and accelerating the modernization practice of harmonious coexistence between man and nature, and be quite responsible and brave in the Chinese modernization drive.

　　This week, Porsche released the brand’s first pure electric car Taycan new version Taycan 2021, as an annual model, the new car is mainly optimized and upgraded for configuration and performance, but also added a new color scheme, is expected to open in mid-September.

　　It is understood that the new charging and cabin technology will be available for the Porsche 2021 Taycan, which is available in the Taycan 4S, Taycan Turbo and Taycan Turbo S models, adding a colour head-up display to the list of options showing speed, battery and range status, navigation and notifications such as calls and voice control commands.

　　Among them, the Taycan 4S is equipped with a 79.2 kWh high-performance battery; the 2021 Taycan Turbo S continues to be equipped with a dual permanent magnet synchronous motor. Through start-up control, it can achieve 0-124 mp/h (about 193 km/h) acceleration in 9.6 seconds, which is 0.2 seconds higher than the previous generation. The performance of running a quarter mile (about 0.402 km) is 10.7 seconds, which is 0.1 seconds faster than the previous generation.

　　Externally, the new model gets seven new exterior colors and five new interior options. Body colors include: Bingguo Metallic, Cherry Metallic, Pink, Coffee Beige Metallic, Neptune Blue Metallic, and more. In terms of interior, offers include mahogany metal, Frozenberry metal, cherry metal, coffee beige metal, chalk, Neptune blue and ice gray metal to choose from.

　　In terms of configuration, the new model will be equipped with a HUD head-up display, which can display different information such as navigation information, output power, drive selection, etc. Taycan will support one-time purchase and on-demand ordering of software functions. Vehicles do not need to go to the service center to upgrade, and new functions can be realized through over-the-air upgrades of OTA software. Common functions such as lane active maintenance assistance system and adaptive cruise system will support on-demand ordering. In addition, the new smart Smartlift chassis function can automatically lift the site when passing through repeated bumpy road conditions such as speed bumps.

　　The Taycan gained a lot of attention in the industry once it was launched. Bill Gates once mentioned his love for the Porsche Taycan in an interview. He said that "although it has a high premium, it is cool. This is my first electric car, and I like it very much."

　　[Source: IT Home] [Author: Watermelon/Internship]

A few days ago, the official announced that its 2017 models were officially launched. Compared with the old models, the new car was optimized on the multimedia system and equipped with the latest SYNC3 system. In addition, there is not much difference between the new car and the old model. In terms of price, the new car only launched one model, priced at 988,800 yuan.

It is reported that the new model listed this time is not much different from the old model in terms of appearance and interior design, but the multimedia system of the new car has been updated and upgraded. The new model will be equipped with the latest SYNC3 system, the interface is more concise and easy to use, and the system also supports Apple CarPlay and AppLINK systems. It is worth mentioning that the upgraded SYNC3 system also supports automatic speech recognition of 15 dialects to meet the needs of more consumers.

The picture shows the current Lincoln

In terms of power, the new car is still equipped with a 3.5T, the 261kW, the peak torque is 576Nm, and the system matches 6 speeds. In addition, the new car is also equipped with a system.

Samuel Hung practices boxing


Hong Jinbao’s son Hong Tianzhao


Hong Jinbao brings newcomer Li Chenxi

　　The 2011 modern kung fu blockbuster "Cai Li Fo", co-directed by Hong Kong’s famous action directors Huang Mingsheng and Law Huide, and joined by kung fu superstars Hong Jinbao and Yuanhua, will be released on April 2.

　　"Tsai Lee Fook" can be said to be a "second generation" of stars. Hong Tianzhao, the son of kung fu superstar Hong Jinbao, plays the lead role in the film, Chen Yingjie. In the film, Kogan, the son of Masayoshi Kosugi, an active Japanese action star in Hollywood, plays Chen Yingjie’s close friend, Takeda, who came to China to find Tsai Lee Fook at the behest of his grandfather, and Kogan Kosugi is Jackie Chan’s only apprentice in Japan. In addition, Liu Yongjian and his father Liu Jiarong (the younger brother of Hong Kong’s southern boxing champion Liu Jialiang) and Qian Jingfeng (the son of action star Qian Xiaohao) also play important roles in the film.

　　There are many cool kung fu movements and gorgeous martial arts scenes in the movie. In order to achieve the true martial arts effect, all the actors practiced Cai Lifu boxing for two months and went into battle in person during the official shooting. Since the film has to complete many difficult movements during the shooting process, the actors will inevitably get injured during the filming.

　　In one scene, Liu Yongjian was about to run and jump, but he accidentally fell to the ground, causing blood to flow from the back of his head. Kobayashi was also injured repeatedly during the scenes of the showdown with Muay Thai masters and the final ring match of the movie. But these second-generation stars did not stop filming because of the pain they suffered. After simple wounds were treated, they still insisted on finishing the scene with injuries. It can be seen from these actors that they are dedicated to their work, and it can be seen that they attach great importance to this drama. Therefore, during the two-month shooting period of the film, the whole crew shared more than 100 Yunnan Baiyao. The director joked that "we are the most effective crew in history."

　　In addition, because the film is based on China’s Cai Lifo Boxing, which, like Foshan Huang Feihong and Shunde Bruce Lee, belongs to the birthplace of Nanquan martial arts. As the only boxing technique in the southern school that has successfully applied for national intangible cultural heritage, Cai Lifo Boxing has a good market and reputation overseas. Jiangmen is the largest hometown of overseas Chinese in Guangdong, so it was also strongly supported by government departments during the filming of "Cai Lifo".
　

Speaking of the most famous model couple in the entertainment industry, Tong Dawei and Guan Yue, who have been married for nearly 13 years, are definitely on the list. This couple has been in love for many years, with two beautiful little princesses and a handsome little prince, and they have slowly grown up…

On April 3, some media released a rare photo of Tong Dawei’s family. The family of five took advantage of the sunny spring day to pick vegetables together.

In the photo, Tong Dawei is wearing a baseball cap, wearing a black cotton-padded coat, holding a basket of vegetables and smiling at the camera. Under the sunlight, his whole body is filled with happiness and warmth.

However, compared to Tong Dawei’s appearance, which had not changed much from before, what was more noticeable was that all three of Tong Dawei’s children had been exposed.

Her eldest daughter, Tong Hanyue, is now 12 years old. She has long hair, a shawl, and a strawberry in her hand. She looks down at the camera slightly.

In particular, her thick eyebrows and large eyes, coupled with her high nose bridge and small oval face, made her stand out in the photos taken at random. It is no wonder that some people think that she looks a little like "Muse" Wang Zuxian. After all, few people have this iconic eyebrow.

I still remember that in a fashion show before, Tong Dawei’s eldest daughter walked on the same stage with Duoduo, Duomei, and Li Yan, which also amazed the audience and was considered to have the aura of a supermodel at a young age.

You must know that Duoduo and Li Yan, the two famous "star second generation", have always been known for their high appearance and good temperament. In this comparison, the eldest daughter is still not defeated, and many people even think that she is more eye-catching, enough to see how high her appearance should be.

In this group of photos, there is also Tong Dawei’s second daughter, who wears black-rimmed glasses, a white T-shirt, and a small braid on her head, looking very well-behaved. Although her sister’s appearance is not as superior as her sister’s, it is slightly ordinary in comparison, but her temperament is also outstanding.

Previously, the second daughter had been invited to interview Robert Downey Jr. In an all-English environment, she was still able to answer fluently without any nervousness. Her excellent performance made the majority of netizens admire her. Not only that, she could draw and write calligraphy at a young age, which could be said to be very excellent.

Moreover, the second daughter is still young, and with time, her facial features will grow, maybe she is also a great beauty that everyone loves.

In addition to his daughter, Tong Dawei’s son also made a rare appearance. He looked very cute with a radish in his hand. From his facial features, he was quite stylish at a young age.

I have to say that Tong Dawei can definitely be regarded as a winner in life. The eldest daughter is beautiful, the second daughter is excellent, and the youngest son is very cute. The family of five is super happy.

　　Article source: InsDaily

　　Original title: Lin Qingxia Weibo post old photos: Isn’t this Zhong Chuxi and Ni Ni from 30 years ago?

　　Hello everyone, tonight’s Coke is nostalgic again.

　　Recently, Lin Qingxia returned to Weibo and also posted beautiful old photos!

　　Ebony long hair, a little Fendai, eyebrows picturesque, beautiful.

　　Qingxia sister is recognized as a great beauty in the last century, with the title of "the first beautiful woman in South East Asia". Although she is in a semi-retired state, her popularity is still high.

　　For people in the 1950s and 1960s, Lin Qingxia was synonymous with innocence and beauty; in the 1970s and 1980s, Oriental Invincible created a legend of that era.

　　Her beauty is not because she is pretty and murderous, but because she has a variety of styles, and any kind of beauty can be found in her.

　　This kind of beauty also gives her another hidden identity, which is Lin Qingxia, the originator of street photography introduced by Cola today.

　　(High energy ahead, rare beautiful crit)

　　The appearance of street photography largely depends on Lin Qingxia’s face.

　　She has been a beauty since she was a child, and the baby fat has not yet faded away. Xiao He only shows the appearance of sharp horns, which has a unique charm.

　　Back then, she was taken by a scout when she was shopping in Ximending because she was so beautiful.

　　Take a closer look at her bones, her facial features are exquisite, her lines are smooth and tough, and her edges and corners are clear.

　　There was an attack on the eyebrows and eyes, and there was a weak lower three whites under the eyes, and the fairy energy came out.

　　Usually, the next three whites would look fierce, but her round eyes just weakened this edge, and it was just right.

　　Plus the delicate lines of the lips, cold and dusty, very recognizable.

　　Therefore, Lin Qingxia’s appearance is not a traditional petite woman, but a stubborn taste, which makes her beauty even more thrilling.

　　Even having a double chin didn’t prevent her from continuing to exude charm, and the details were everywhere.

　　The beauty of Lin Qingxia lies in her forward-looking, gentle and tender in the early stage, and domineering in the later stage.

　　Some masculine characteristics are gradually emerging – a sense of coldness and strength, and they travel between the yin and yang poles.

　　Moreover, her masculinity was just right.

　　When you exist as a female character, you will not feel very manly. When you play a male role, there is a domineering attitude. Such a face cannot be picked out in the entertainment industry.

　　This rare heroism does not take away too much of the feminine charm under short hair styling, but instead appears independent, wise, and detached.

　　Zhou Xingchi once said that when she wears women’s clothes, she is the most beautiful woman; but when she wears men’s clothes, she is the most beautiful man.

　　Extranet netizens also turned her photo P into a male, you can feel how handsome you are, and Coke will not say much.

　　In the middle, without losing the atmosphere, from the bones and skin, this is the beauty of Lin Qingxia.

　　As a beautiful woman with the same heroic appearance, Cola saw Zhong Chuxi and Ni Ni in Lin Qingxia more than 30 years ago.

　　Zhong Chuxi’s appearance belongs to the strong face, her facial features are relatively large, and her high cheekbones make her face more advanced.

　　The bright red with high saturation also made her more attractive, like a pictorial girl from the 1980s. (Grandma said it was beautiful when she saw it!)

　　And Ni Ni is a typical "catfish face". She may not like it at first glance, but she is very photogenic in front of the camera, and the more you look at it, the more it tastes.

　　Heroic eyebrows + slightly opened lips, sexy but not coquettish, blurred eyes make you addicted without knowing it.

　　It is the kind of beauty that can never be tired of seeing. Under the aesthetics of the Internet celebrity face, it has carried the ceiling of contemporary appearance. (Of course, many actresses are beautiful, and Coke is just an example)

　　But in fact, their beauty is traceable, that is, there is no lack of gentleness in heroism, and there is no lack of peace in elegance.

　　The perfect combination of toughness and gentleness recreated the taste of the past, and also exported a new "blood of the era".

　　In the past, when beautiful women from Hong Kong stars gathered together, Lin Qingxia could be said to be at the forefront of fashion.

　　Many street photography photos are still fashionable and avant-garde today!

　　In an era when clothing and dress were generally conservative, Lin Qingxia’s group of photos was out of line.

　　The body is just right, and the most essential beauty is revealed without modification.

　　Avant-garde posture, generous and confident, very photogenic.

　　At the same time, she has a variety of styles and first-class clothing.

　　There are a lot of suits in the picture, isn’t it the boyish style that is very popular now?

　　The whole body exudes a charming neutral beauty, this trend makes Coke a little confused in time and space, and fashion is really a cycle.

　　There is also a dynamic sports style, which is still pleasing to the eye even after 20 or 30 years.

　　It is said that when she was filming Qiong Yao’s play in the early days, the costumes in the film were all made by herself.

　　Many simple casual items can be dressed beautifully and with temperament by her.

　　Jumpsuits, denim suits… are all fashionable today.

　　The prevalence of Hong Kong style in the 1970s and 1980s was inseparable from the existence of Lin Qingxia as a fashion icon.

　　Back then, as soon as Qingxia came out, who would compete with him?

　　Beginning with beauty, later Lin Qingxia began to shine in the entertainment industry, from the early pure jade girl to the later heroic man.

　　Her unique temperament allows her to master any role, and Cola feels a kind of beauty born for the movie.

　　(Coke also wants to have this kind of pressure.)

　　Young fairy, middle-aged tough, old and elegant.

　　At different ages, there can be beauty at different ages. This is where beauty is not skin.

　　"Only one Lin Qingxia will be produced in 50 years", but there are always people who compare her now with the past.

　　Beauty will eventually grow old, right? But Lin Qingxia’s temperament and charm have surpassed all living beings by too much.

　　As two of the most important new cars in 2021, Changan UNI-K and Geely Xingyue L have a good "mass base". UNI-K’s sci-fi avant-garde vehicle design seems to meet the aesthetic needs of young consumers, while Xingyue L’s calm and atmospheric style is more suitable for family users to buy. Although the positioning of models is different, it is quite topical to combine the same body level and similar price range. Who is the most fashionable car in China at present?

　　UNI gravity sequence is the focus of Chang ‘an’s upward development, and the first model, Changan UNI-T, became a hit with its sci-fi avant-garde design. As the flagship model of Changan family, Changan UNI-K is the second product of Changan UNI series, which has attracted a lot of attention since the release of Guangzhou Auto Show in November last year. Large and medium-sized SUV, borderless design, interior quad screen, and blue whale’s new generation 2.0T power, it can be said that the strongest strength of Changan family at present is concentrated on it.

　　Geely KX11 based on CMA platform, that is, Xingyue L, is also about to shoulder the heavy responsibility of the flagship product of Geely brand. Since Xingrui looks like Volvo S60, Geely’s new products have become closer to its luxury brand Volvo, forming a brand-new family face, and Xingyue L is no exception. After seeing the real car map for the first time, many netizens exclaimed the "mystery similarity" between Xingyue L and XC60. As a new flagship car, the "L" in the name of Xingyue L has the meanings of Larger, luxurious and subversive, which means the upgrade of body size, space and power.

　　Changan UNI-K locates medium and large SUVs, with length, width and height of 4865/1948/1690mm and wheelbase of 2890mm respectively. Previously, the borderless design on Changan UNI-T has been improved, and the side shape of the car body has a contemporary simple style, with pure, precise and concise lines. In order to create a more sporty feeling, the new car adopts a sleek shape, and the windowsill is also narrowed upwards. Designers boldly abandoned the complex body lines and adopted the "V" shape body design, shaping the futuristic feeling of the body through curved surfaces and light and shadow. The two sides of the rear of the car and the black diffuser are all familiar UNI family elements. The difference is that the new car also uses a penetrating LED taillight to enhance the visual effect.

　　The front face of Geely Xingyue L adopts a relatively heavy design, with a straight waterfall concave front grille and four ribs raised on the hood, which makes this car look very domineering. The brand-new headlights are also quite designed, surrounded by double-layer LED headlights, while the interior is composed of two separate light sources, and the front surrounded by a horizontal bar grille is also full of sports atmosphere.

　　From the side of the car body, Geely Xingyue L creates a more hard-core style through the high car body and the raised wheel eyebrows. At the same time, the flat roof design can also provide sufficient head space to a certain extent, making the passengers in the car more comfortable. In terms of the tail, the overall visual effect of the multi-layer lines at the tail of the new car is luxurious, and the through taillight group with the concave license plate frame below is very eye-catching. In terms of size, the length, width and height of Geely Xingyue L are 4770/1895/1689mm respectively, and the wheelbase is 2845 mm..

　　The interior design of Changan UNI-K gave us a big surprise. It not only adopted a brand-new four-screen linkage and UI design, but also changed the style of the steering wheel and even the angle of viewing the dashboard. Now the driver only needs to cross the steering wheel to easily read the instrument information. UNI-K’s dashboard uses three screens, each of which has its own functions, and information such as driving information, navigation and music can be seen at a glance. The screen on the right can also be used as the rear image display of the streaming media rearview mirror. It is officially announced that the car of Changan UNI-K can be turned on in 4.7s, and it is equipped with Iflytek Full Scene Intelligent Voice Interactive System.

　　The interior of Geely Xingyue L adopts the dual screen design of the central control screen and the co-pilot entertainment screen, which makes the new car both scientific and fashionable. At the same time, the center console adopts double color matching design, plus neat stitching and materials, which creates the texture and luxury of the new car. In addition, it is revealed that the new car is expected to be equipped with Geely’s latest digital intelligent cockpit system and a higher level of autonomous driving technology.

　　Changan UNI-K is equipped with Blue Whale’s new generation 2.0T engine, with a maximum power of 171kW and a peak torque of 390N·m, matching Aisin 8-speed automatic manual transmission. The top version of the car is equipped with a timely four-wheel drive system from Borgwarner, and three modes can be switched by buttons near the bar. Changan UNI-K will mainly promote the 2.0T version in advance. In order to take care of the needs of users in different regions, the PHEV plug-in hybrid version will also be arranged.

　　Geely Xingyue L is equipped with a 2.0T turbocharged engine code-named JLH-4G20TDJ. Thanks to the CMA platform technology, the dual-power versions are 218 horsepower and 238 horsepower respectively. The low-power version will be matched with 7DCT, while the high-power model will be equipped with Aisin 8AT.

　　Whether it’s UNI-K’s avant-garde sci-fi or Xingyue L’s maturity and steadiness, from the words of countless fans, we can see that the upward breakthrough of independent brands is still very successful, and it also reflects from one side that the control strength of local car companies in the consumer demand level is very strong. We are happy to see more and more products that are more in line with national conditions and consumer demand. After the official release of these two cars at the Shanghai Auto Show, the large-scale car evaluation meeting will bring you a more detailed product evaluation experience report for the first time, so please pay attention.

　　This article is from Friends of Car Owners.