[Solicitation for New Regulations on Private Equity Raising, Strictly Prohibit Share Splitting and Transfer] On September 4, the China Securities Regulatory Commission is soliciting opinions on the "Measures for the Supervision and Administration of Private Equity Fund Raising". The new regulations clarify that no unit or individual may split or transfer private equity fund shares or income rights, or establish multiple private equity funds for a single investment target, in order to lower the standards for qualified investors or exceed the limit on the number of investors stipulated by law. In addition, the new regulations clarify that private equity fund managers and sales agencies are not allowed to promote private equity funds to unspecified targets through Internet platforms. It can only be promoted through the self-operated Internet platform to investors who have passed the suitability assessment, and specific target confirmation and suitability assessment must be completed before the promotion. (Reporter Lin Jian)